Company: KW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001408100-25-000084
Chunk: 208

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 208
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)Gain on sale of real estate, net127.6 — 127.6 ExpensesRental152.6 — 152.6 Hotel37.9 — 37.9 Compensation and related42.7 39.0 81.7 Carried interests compensation— (15.1)(15.1)General and administrative15.5 12.7 28.2 Other (income) loss(2.3)7.0 4.7 Other segment items (1)29.3 (0.3)29.0 Total expenses275.7 43.3 319.0 Segment Adjusted EBITDA$324.3 $(105.7)$218.6 Reconciliation of Segment Adjusted EBITDA to Net Income attributable to Kennedy-Wilson Holdings, Inc. Common ShareholdersOther revenue2.2 Compensation and related, corporate(57.7)General and administrative, corporate(7.5)Depreciation and amortization(157.8)Interest expense(259.2)Loss on early extinguishment of debt(1.6)Other loss(0.3)Benefit from income taxes55.3 Company's share of Interest, Depreciation, and Taxes included in income from unconsolidated investments(102.4)EBITDA adjustments to NCI29.0 Net loss(281.4)Net income attributable to noncontrolling interests(22.4)Preferred dividends(38.0)Net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholders$(341.8)(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, 2022(Dollars in millions)ConsolidatedCo-InvestmentsTotalSegment RevenueRental$434.9 $— $434.9 Hotel46.9 — 46.9 Investment management fees— 44.8 44.8 Loans— 11.7 11.7 Total segment revenue481.8