Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 239

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 239
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 also see "Fair Value Investments" listed above for a discussion of our fair value investments and accounting methodology and any limitations with respect to the same.

Foreign Currency and Currency Derivative Instruments

Please refer to item 3. Quantitative and Qualitative Disclosures About Market Risk for our discussion regarding foreign currency and currency derivative instruments.  

44

Kennedy Wilson Consolidated Financial Results: Three Months Ended March 31, 2025 Compared to the Three Months Ended March 31, 2024 

Three Months Ended March 31, 2025(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$97.3 $— $97.3 Investment management fees— 25.0 25.0 Loans— 5.8 5.8 Total segment revenue97.3 30.8 128.1 Income (loss) from unconsolidated investmentsPrincipal co-investments— 19.6 19.6 Carried interests— (8.2)(8.2)Company's share of Interest, Depreciation, and Taxes included in income from unconsolidated investments(1)— 33.0 33.0 Income from unconsolidated investments— 44.4 44.4 Loss on sale of real estate, net(0.8)— (0.8)Segment ExpensesRental38.1 — 38.1 Compensation and related5.8 11.6 17.4 Carried interests compensation — (2.7)(2.7)General and administrative3.3 5.2 8.5 Other loss0.4 0.6 1.0 Other segment items(1)2.2 (0.1)2.1 Total segment expenses49.8 14.6 64.4 Segment EBITDA46.7 60.6 107.3 Reconciliation of Segment EBITDA to net loss attributable to Kennedy-Wilson Holdings, Inc. Common ShareholdersOther revenue0.2 Compensation and related, corporate(9.5)General and administrative, corporate(1.9)Depreciation and amortization(34.1)Interest expense(61.4)Other loss, corporate(4.2)Benefit from income taxes4.9 Company's share of interest, depreciation, and taxes included in