Company: JLL
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001037976-25-000006
Chunk: 137

Company: JONES LANG LASALLE INC
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 137
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1 6.5 Equity (losses) earnings$(22.6)(24.7)0.4 

88

The following table is a reconciliation of segment revenue to consolidated revenue.Year Ended December 31,(in millions)202420232022Markets Advisory$4,500.7 4,121.6 4,415.5 Capital Markets2,040.4 1,778.0 2,488.2 Work Dynamics16,197.6 14,131.1 13,268.5 JLL Technologies226.3 246.4 213.9 LaSalle467.9 483.7 476.0 Total revenue$23,432.9 20,760.8 20,862.1 The following table is a reconciliation of Adjusted EBITDA to Net income attributable to common shareholders.Year Ended December 31,(in millions)202420232022Adjusted EBITDA - Markets Advisory$547.6 416.6 527.5 Adjusted EBITDA - Capital Markets244.4 173.1 444.0 Adjusted EBITDA - Work Dynamics316.3 264.0 230.1 Adjusted EBITDA - JLL Technologies(22.3)(19.1)(97.5)Adjusted EBITDA - LaSalle100.3 103.8 96.2 Adjusted EBITDA - Consolidated$1,186.3 938.4 1,200.3 Adjustments:Restructuring and acquisition charges$(23.1)(100.7)(104.8)Net (loss) gain on disposition— (0.5)(7.5)Interest on employee loans, net5.9 3.6 9.7 Equity earnings (losses) - JLL Technologies and LaSalle(76.4)(201.7)47.0 Credit losses on convertible note investments(6.3)— — Net non-cash MSR and mortgage banking derivative activity(18.2)(18.2)11.0 Interest expense, net of interest income(136.9)(135.4)(75.2)Income tax provision(132.5)(25.7)(200.8)Depreciation and amortization(1)(252.0)(234.4)(225.2)Net income attributable to common shareholders$546.8