Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 270

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 270
---
 Total segment expenses55.5 12.3 67.8 Segment Adjusted EBITDA48.5 32.0 80.5 Reconciliation of Segment Adjusted EBITDA to net loss attributable to Kennedy-Wilson Holdings, Inc. Common ShareholdersOther revenue0.5 Compensation and related, corporate(10.4)General and administrative, corporate(2.0)Depreciation and amortization(36.9)Interest expense(66.9)Loss on early extinguishment of debt(0.3)Other loss, corporate(8.3)Benefit from income taxes10.7 Company's share of interest, depreciation, and taxes included in income from unconsolidated investments(1)(35.4)Income from unconsolidated investments excluded from Segment Adjusted EBITDA1.7 Net loss(66.8)Net loss attributable to noncontrolling interests0.2 Preferred dividends(10.8)Net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(77.4)(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 NCI

31

Kennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements(Unaudited)

Nine Months Ended September 30, 2024(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$293.0 $— $293.0 Hotel9.3 — 9.3 Investment management fees— 69.0 69.0 Loans— 23.7 23.7 Total segment revenue302.3 92.7 395.0 Income from unconsolidated investmentsPrincipal co-investments— — — Carried interests— (45.1)(45.1)Company's share of interest, depreciation, and taxes included in income from unconsolidated investments(1)— 101.9 101.9 Income from unconsolidated investments— 56.8 56.8 Gain on sale of real estate, net112.8 — 112.8 Segment ExpensesRental113.2 — 113.2 Hotel7.6 — 7.6 Compensation and