Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 219

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 219
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1)(0.2)Add: Compensation and related32.3 31.8 Add: Carried interests compensation(0.6)(4.5)Add: General and administrative8.8 9.5 Add: Depreciation and amortization34.5 36.4 Add: Interest Expense62.5 63.8 Add: Gain (loss) on early extinguishment of debt2.1 0.5 Less: Other income (loss)5.6 (0.3)Add: Provision for income taxes4.4 (11.8)Less: NCI adjustments (1)(1.8)(1.9)Add:  Unconsolidated investment adjustments (2)36.7 35.4 Add:  Straight-line and above/below market rents (6)(0.1)(0.5)Less: Properties bought and sold (3)(2.5)(5.4)Less: Other properties excluded (4)(3.9)(1.8)Other Reconciling Items (5)2.0 0.8 Same Property NOI (Net Effective)*$88.3 $87.4 

82

Same Property - NOI (Net Effective)(6)*For the Three Months Ended June 30,Same Property (Reported)20252024Office - Same Property$23.5 $24.8 Multifamily Market Rate Portfolio - Same Property51.9 50.3 Multifamily Affordable Portfolio - Same Property12.9 12.3 Same Property NOI (Net Effective)* (Reported)$88.3 $87.4 

Same Property - NOI (Net Effective)(6)*For the Six Months Ended June 30,20252024Net Income$(24.0)$(10.6)Less: Investment management fees(61.4)(47.4)Less: Loans(11.5)(16.1)Less: Other(0.5)(0.4)Less: Total Income from unconsolidated investments(11.2)24.8 Less: Gain on sale of real estate, net(54.3)(106.6)Add: Compensation and related59.2 59.4 Add: Carried interests compensation(3.3)(10.0)Add: General and administrative19.2 17.8 Add: Depreciation and amortization68.6