Company: KW
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001408100-25-000084
Chunk: 131

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 7
Chunk 131
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)45.7 9.3 Kennedy Wilson's share of interest expense included                                      in unconsolidated investments131.0 99.1 60.2 40.2 33.0 Depreciation and amortization148.3 157.8 172.9 166.3 179.6 Kennedy Wilson's share of depreciation and amortization included      in unconsolidated investments4.0 3.2 3.5 5.3 6.9 Provision for (benefit from) income taxes10.2 (55.3)36.2 126.2 43.6 Kennedy Wilson's share of taxes included in unconsolidated       investments0.4 0.1 2.7 — 1.1 Share-based compensation23.6 34.5 29.0 28.7 32.3 EBITDA attributable to noncontrolling interests(1)(6.9)(29.0)(8.2)(13.3)(7.5)Adjusted EBITDA(2)$539.7 $189.8 $591.5 $927.9 $608.0 

(1) (2) See "Non-GAAP Measures and Certain Definitions" for definitions and discussion of Adjusted EBITDA. 

Years Ended December 31,(Dollars in millions)20242023202220212020Net (loss) income$(33.7)$(281.4)$101.9 $336.4 $107.8 Non-GAAP adjustments:Add back (less):Depreciation and amortization148.3 157.8 172.9 166.3 179.6 Kennedy Wilson's share of depreciation and amortization included in unconsolidated investments4.0 3.2 3.5 5.3 6.9 Share-based compensation23.6 34.5 29.0 28.7 32.3 Net income attributable to the noncontrolling interests, before depreciation and amortization(1)(4.4)(27.4)(13.5)(10.5)(2.5)Preferred dividends (43.5)(38.0)(28.9)(17.2)(17.2)Adjusted Net Income (Loss)(2)$94.3