Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 240

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 240
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 income from unconsolidated investments(1)(33.0)Income from unconsolidated investments excluded from Segment EBITDA2.1 Net loss(29.6)Net income attributable to noncontrolling interests(0.3)Preferred dividends(10.9)Net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(40.8)

(1) See "Non-GAAP Measures and Certain Definitions" section for definitions and discussion of Adjusted EBITDA.

45

Three Months Ended March 31, 2024(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$97.4 $— $97.4 Hotel9.3 — 9.3 Investment management fees— 21.3 21.3 Loans— 8.1 8.1 Total segment revenue106.7 29.4 136.1 Income (loss) from unconsolidated investmentsPrincipal co-investments— 9.7 9.7 Carried interests— (16.4)(16.4)Company's share of Interest, Depreciation, and Taxes included in income from unconsolidated investments(1)— 32.2 32.2 Income from unconsolidated investments— 25.5 25.5 Gain on sale of real estate, net106.4 — 106.4 Segment ExpensesRental37.2 — 37.2 Hotel7.6 — 7.6 Compensation and related9.7 8.1 17.8 Carried interests compensation — (5.5)(5.5)General and administrative3.8 2.9 6.7 Other (income) loss(2.7)5.5 2.8 Other segment items(1)2.1 (0.2)1.9 Total segment expenses57.7 10.8 68.5 Segment EBITDA155.4 44.1 199.5 Reconciliation of Segment EBITDA to net income attributable to Kennedy-Wilson Holdings, Inc. Common ShareholdersOther revenue0.3 Compensation and related, corporate(9.8)General and administrative, corporate(1.6)Depreciation and amortization(38.9)Interest expense(64.7)Gain