Company: KW
Filing Date: 2025-08-08
Form Type: 424B3
Source: 0001408100-25-000150
Chunk: 62

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-08-08
Form: 424B3
Chunk 62
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--------------------------:|:----|:-----|------:|
| Segment revenue            |                       | $    |                       135.4 |     | $    | 131.9 |     | $    |                     263.5 |     | $    | 268.0 |
| Other revenue              |                       |      |                         0.3 |     |      |   0.1 |     |      |                       0.5 |     |      |   0.4 |
| Total consolidated revenue |                       | $    |                       135.7 |     | $    | 132.0 |     | $    |                     264.0 |     | $    | 268.4 |

|               | (Dollars in millions) |   | June 30, 2025 |     |   | December 31, 2024 |
|:--------------|:----------------------|:--|--------------:|:----|:--|------------------:|
| Total assets  |                       |   |               |     |   |                   |
| Consolidated  |                       | $ |       4,411.1 |     | $ |           4,591.6 |
| Co-investment |                       |   |       2,244.6 |     |   |           2,273.5 |
| Non-segment   |                       |   |         141.2 |     |   |              96.0 |
| Total assets  |                       | $ |       6,796.9 |     | $ |           6,961.1 |

#### NOTE 14—INCOME TAXES
The Company derives a significant portion of its income from the rental and sale of real property. As a result, a substantial portion of its foreign earnings is subject to U.S. taxation under certain provisions of the Internal Revenue Code of 1986, as amended ("IRC"), applicable to controlled foreign corporations (known as the "Subpart F rules"). In determining the quarterly provisions for income taxes, the Company calculates income tax expense based on actual year-to-date income and statutory tax rates. The year-to-date income tax expense reflects the impact of foreign operations and income allocated to noncontrolling interests which is generally not subject to corporate tax.

During the six months ended June 30, 2025, the Company generated pre-tax book loss of $24.5 million related to its global operations and recorded a tax benefit of