Company: KW
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001408100-25-000147
Chunk: 269

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 269
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Income from consolidated subsidiaries12.2 59.1 18.1 — (89.4)— Interest expense— (26.1)(11.4)(25.0)— (62.5)Loss on early extinguishment of debt— — (1.9)(0.2)— (2.1)Other loss— (1.8)(2.2)(1.6)— (5.6)Income before provision for income taxes  5.7 14.6 59.5 19.6 (89.4)10.0 Provision for income taxes— (2.5)(0.4)(1.5)— (4.4)Net income5.7 12.1 59.1 18.1 (89.4)5.6 Net income attributable to the noncontrolling interests— — — (1.1)— (1.1)Preferred dividends(10.9)— — — — (10.9)Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders     $(5.2)$12.1 $59.1 $17.0 $(89.4)$(6.4)

37

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

CONSOLIDATING STATEMENT OF OPERATIONSFOR THE SIX MONTHS ENDED JUNE 30, 2025(Dollars in millions)ParentKennedy-Wilson, Inc.Guarantor SubsidiariesNon-guarantor SubsidiariesEliminationConsolidated TotalTotal revenue$— $— $141.2 $122.8 $— $264.0 Income (loss) from unconsolidated investments— 1.7 (19.0)28.5 — 11.2 Gain on sale of real estate, net— — 35.7 18.6 — 54.3 Total expenses12.8 31.2 82.2 91.0 — 217.2 (Loss) income from consolidated subsidiaries(11.1)72.0 24.8 — (85.7)— Interest expense— (51.7)(22.7)(49.5)— (123.9)L