Company: KW
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001408100-25-000115
Chunk: 75

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 75
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 from unconsolidated investments11.4 (6.7)(Loss) gain on sale of real estate, net(0.8)106.4 ExpensesRental38.1 37.2 Hotel— 7.6 Compensation and related (including $6.3 and $5.2 of share-based compensation)26.9 27.6 Carried interests compensation(2.7)(5.5)General and administrative10.4 8.3 Depreciation and amortization34.1 38.9 Total expenses106.8 114.1 Interest expense(61.4)(64.7)Gain on early extinguishment of debt— 0.3 Other (loss) income(5.2)6.8 (Loss) income before benefit from (provision for) income taxes(34.5)64.4 Benefit from (provision for) income taxes4.9 (26.7)Net (loss) income(29.6)37.7 Net (income) loss attributable to the noncontrolling interests(0.3)0.1  Preferred dividends(10.9)(10.9)Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(40.8)$26.9 Basic (loss) income per share(Loss) income per share$(0.30)$0.19 Weighted average shares outstanding137,745,032 138,472,579 Diluted (loss) income per share(Loss) income per share$(0.30)$0.19 Weighted average shares outstanding137,745,032 138,628,139 Dividends declared per common share$0.12 $0.24 

See accompanying notes to consolidated financial statements.

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Table of Contents

Kennedy-Wilson Holdings, Inc.

Consolidated Statements of Comprehensive (Loss) Income  

(Unaudited)

(Dollars in millions)

Three Months Ended March 31,20252024Net (loss) income  $(29.6)$37.7 Other comprehensive income (loss), net of tax:Unrealized foreign currency translation gain (loss) 26.6 (17.5)Amounts reclassified from AOCI— 5.1 Unrealized foreign currency derivative contracts (loss) gain(11.9)9.9