Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 268

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 268
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 share is excluded from Co-Investment NOI.

60

2024YTDConsolidated PortfolioCo-Investment PortfolioNet income (loss) $37.7 $(6.7)Add: Provision for income taxes26.7 0.2 Add: Loss from unconsolidated investments6.7 — Less: Gain on sale of real estate, net(1)(106.4)— Add: Interest expense64.7 31.1 Less: Gain on early extinguishment of debt(0.3)— Less: Other (income) loss  (6.8)5.0 Less: Sale of real estate— (13.1)Less: Loans(8.1)— Less: Investment management(21.3)— Less: Other(0.3)— Add: Carried interests— 16.4 Add: Cost of real estate sold— 11.2 Add: Compensation and related27.6 — Less: Carried interests expense(5.5)— Add: General and administrative 8.3 — Add: Depreciation and amortization 38.9 0.9 Less: Fair value adjustments— (0.8)Less: NCI adjustments(2.2)— Net Operating Income$59.7 $44.2 

2023YTDConsolidated PortfolioCo-Investment PortfolioNet (loss) income$(28.7)$5.7 Less: (Benefit from ) provision for income taxes(3.9)0.2 Less: Income from unconsolidated investments(5.7)— Less: Gain on sale of real estate, net(1)(19.2)— Add: Interest expense62.3 19.9 Less: Gain on early extinguishment of debt(0.1)— Less: Other (income) loss3.0 5.6 Less: Loans(3.7)— Less: Investment management(11.3)— Add: Carried interests— 10.7 Add: Compensation and related30.6 — Add: Carried interests expense1.6 — Add: General and administrative 8.4 — Add: Depreciation and amortization 39.4 0.8 Less: Fair value adjustments— (1.4)Less: NCI adjustments(1.9)— Net Operating Income