Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 121

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 121
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23.3)12.9 6.7 3.7 (29.6)Net income attributable to the noncontrolling interests— — — (0.3)— (0.3)Preferred dividends(10.9)— — — — (10.9)Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders     $(40.5)$(23.3)$12.9 $6.4 $3.7 $(40.8)

32

Kennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements(Unaudited)

CONSOLIDATING STATEMENT OF OPERATIONSFOR THE THREE MONTHS ENDED MARCH 31, 2024(Dollars in millions)ParentKennedy-Wilson, Inc.Guarantor SubsidiariesNon-guarantor SubsidiariesEliminationConsolidated TotalTotal revenue$— $— $62.9 $73.5 $— $136.4 Income (loss) from unconsolidated investments— 0.3 (10.0)3.0 — (6.7)Gain on sale of real estate, net— 0.8 21.6 84.0 — 106.4 Total expenses5.2 14.8 37.1 57.0 — 114.1 Income from consolidated subsidiaries42.8 86.1 65.4 — (194.3)— Interest expense— (24.8)(10.7)(29.2)— (64.7)Gain on early extinguishment of debt— — 0.3 — — 0.3 Other income (loss)0.1 9.6 (6.1)3.2 — 6.8 Income before provision for income taxes  37.7 57.2 86.3 77.5 (194.3)64.4 Provision for income taxes— (14.4)(0.2)(12.1)— (26.7)Net income37.7 42.8 86.1 65.4 (194.3)37.7 Net loss attributable to the noncontrolling interests— — — 0.1 — 0.1