Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 100

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 100
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 for credit losses3.1 8.5 Benefit from deferred income taxes(5.0)(2.3)Amortization of deferred loan costs5.7 4.3 Amortization of discount and accretion of premium on issuance of senior notes and mortgage debt6.0 (3.2)Unrealized net loss on derivatives8.3 0.5 (Income) loss from unconsolidated investments(11.2)24.8 Operating distributions from unconsolidated investments31.2 29.4 Deferred compensation1.1 (5.7)Share-based compensation12.8 11.2 Change in assets and liabilities:Accounts receivable(4.0)13.1 Other assets1.7 (6.7)Accounts payable, accrued expenses and other liabilities(49.1)0.5 Net cash (used in) provided by operating activities(9.9)31.1 Cash flows from investing activities:Proceeds from collection of loans receivable32.9 15.3 Issuance and acquisition of loans receivable, net of discounts(26.0)(21.0)Net proceeds from sale of consolidated real estate423.9 330.6 Purchases of real estate(25.7)(7.4)Capital expenditures to real estate(20.4)(88.7)Premiums paid on derivative contracts(2.1)(0.6)Distributions from unconsolidated investments167.3 4.8 Contributions to unconsolidated investments(87.8)(59.4)Net cash provided by investing activities462.1 173.6 Cash flows from financing activities:Borrowings under line of credit170.0 100.0 Repayment of line of credit(178.7)(75.0)Borrowings under mortgage debt3.6 97.6 Repayment of mortgage debt(304.0)(167.9)Payment of deferred loan costs(0.3)(0.6)Repurchase and retirement of common stock(9.2)(14.8)Proceeds from issuance of common stock, net of issuance costs— (0.1)Common dividends paid(34.9)(67.2)Preferred dividends paid(21.8)(21.8)Contributions from noncontrolling interests— 0.1 Loan receivable proceeds received from equity