Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 224

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 224
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 $41.5 $38.7 $26.4 % change16 %7 %7 %47 %— %Fee-bearing capital$8.7 $8.6 $6.0 $5.3 $4.1 % change1 %43 %13 %29 %— %AUM$28.6 $24.5 $22.8 $20.5 $19.7 % change17 %7 %11 %4 %— %

(1) Please refer to "Certain Non-GAAP Measures and Reconciliations" for a reconciliation of certain non-GAAP items to U.S. GAAP.     

35

The following tables show selected financial items as of March 31, 2025 and as of December 31, 2024 through 2021:

March 31,December 31,(in millions)20252024202320222021Cash and cash equivalents$356.6 $217.5 $313.7 $439.3 $524.8 Total assets7,157.1 6,961.1 7,712.1 8,271.8 7,876.5 Mortgage debt2,620.7 2,597.2 2,840.9 3,018.0 2,959.8 KW unsecured debt2,053.6 1,877.9 1,934.3 2,062.6 1,852.3 KWE unsecured bonds323.8 309.8 522.8 506.4 622.8 Kennedy Wilson equity1,558.0 1,601.2 1,755.1 1,964.0 1,777.6 Noncontrolling interests34.2 34.8 43.3 46.4 26.3 Total equity1,592.2 1,636.0 1,798.4 2,010.4 1,803.9 Common shares outstanding138.3 137.4 138.7 137.8 138.0 

The following table shows the historical U.S. federal income tax treatment of Company’s common stock dividend for the years ended December 31, 2024 through 2020: