Company: JLL
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001037976-25-000025
Chunk: 58

Company: JONES LANG LASALLE INC
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 8
Chunk 58
---
17.0)(44.2)Adjustment for fully amortized intangibles11.7 — 11.7 Impact of exchange rate movements— (1.0)(1.0)Balance as of March 31, 2025$(395.5)(308.8)$(704.3)Net book value as of March 31, 2025$464.1 237.7 $701.8 (1) Included in this amount for MSRs was $0.8 million relating to write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights. Amortization of MSRs is included in Revenue within the Consolidated Statements of Comprehensive Income.

13

(in millions)MSRsOther IntangiblesConsolidatedGross Carrying Amount Balance as of December 31, 2023$801.8 546.2 $1,348.0 Additions, net of adjustments21.9 — 21.9 Adjustment for fully amortized intangibles(5.3)(9.2)(14.5)Impact of exchange rate movements— (2.2)(2.2)Balance as of March 31, 2024$818.4 534.8 $1,353.2 Accumulated Amortization Balance as of December 31, 2023$(309.8)(253.2)$(563.0)Amortization expense, net(1)(26.5)(16.2)(42.7)Adjustment for fully amortized intangibles5.3 9.2 14.5 Impact of exchange rate movements— 0.6 0.6 Balance as of March 31, 2024$(331.0)(259.6)$(590.6)Net book value as of March 31, 2024$487.4 275.2 $762.6 (1) Included in this amount for MSRs was $1.6 million relating to write-offs due to prepayments of sold warehouse receivables for which we retained the servicing rights. Amortization of MSRs is included in Revenue within the Consolidated Statements of Comprehensive Income.

6.INVESTMENTS

Summarized investment balances as of March 31, 2025 and December 31, 2024 are presented in the following table.(in millions)March 31,