Company: KW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001408100-25-000084
Chunk: 207

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 207
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(1.0)11.0 10.0 Other segment items (1)7.8 (0.9)6.9 Total segment expenses218.7 59.3 278.0 Segment Adjusted EBITDA$341.3 $212.7 $554.0 Reconciliation of Segment Adjusted EBITDA to Net Income attributable to Kennedy-Wilson Holdings, Inc. Common ShareholdersOther revenue1.4 Compensation and related, corporate(46.3)General and administrative, corporate(7.2)Depreciation and amortization(148.3)Interest expense(261.1)Loss on early extinguishment of debt(1.7)Other income14.2 Provision for income taxes(10.2)Company's share of Interest, Depreciation, and Taxes included in income from unconsolidated investments(135.4)EBITDA adjustments to NCI6.9 Net loss(33.7)Net loss attributable to noncontrolling interests0.7 Preferred dividends(43.5)Net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(76.5)(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

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Table of ContentsKennedy-Wilson Holdings, Inc.Notes to Consolidated Financial Statements—(continued)December 31, 2024 2023 and 2022

Year Ended December 31, 2023(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$415.3 $— $415.3 Hotel57.1 — 57.1 Investment management fees— 61.9 61.9 Loans — 26.1 26.1 Total segment revenue472.4 88.0 560.4 Loss from unconsolidated investmentsPrincipal co-investments— (188.5)(188.5)Carried interests— (64.3)(64.3)Company's share of Interest, Depreciation, and Taxes included in income from unconsolidated investments— 102.4 102.4 Loss from unconsolidated investments— (150.4)(150.4