Company: KW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001408100-25-000084
Chunk: 209

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 209
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 56.5 538.3 Income from unconsolidated investmentsPrincipal co-investments— 199.5 199.5 Carried interests— (21.1)(21.1)Company's share of Interest, Depreciation, and Taxes included in income from unconsolidated investments(1)— 66.4 66.4 Income from unconsolidated investments— 244.8 244.8 Gain on sale of real estate, net103.7 — 103.7 Segment ExpensesRental151.2 — 151.2 Hotel29.5 — 29.5 Compensation and related41.5 44.6 86.1 Carried interests compensation— (4.3)(4.3)General and administrative14.7 14.8 29.5 Other (income) loss(20.8)— (20.8)Other segment items (1)8.6 (0.4)8.2 Total segment expenses224.7 54.7 279.4 Segment Adjusted EBITDA$360.8 $246.6 $607.4 Reconciliation of Segment Adjusted EBITDA to Net Income attributable to Kennedy-Wilson Holdings, Inc. Common ShareholdersOther revenue1.7 Compensation and related, corporate(54.2)General and administrative, corporate(7.7)Depreciation and amortization(172.9)Interest expense(220.8)Gain on early extinguishment of debt27.5 Other income15.3 Provision for income taxes(36.2)Company's share of Interest, Depreciation, and Taxes included in income from unconsolidated investments(66.4)EBITDA adjustments to NCI8.2 Net income101.9 Net income attributable to noncontrolling interests(8.2)Preferred dividends(28.9)Net income attributable to Kennedy-Wilson Holdings, Inc. common shareholders$64.8 (1)Includes fees eliminated in consolidation between Consolidated and Co-Investments segments and noncontrolling interests ("NCI") items such as net (income) loss to noncontrolling interests and EBITDA adjustments associated with NCIThe table below reconciles segment revenue to total revenue for the years ended December 31, 2024, 2023 and 2022: