Kennedy-Wilson Holdings, Inc. KW Cash Flow

Kennedy-wilson holdings, inc. (KW)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Cash flows from operating activities:
Net (loss) income
321,100	212,100	138,000	76,500	59,000	90,100	13,900	6,700	7,500	6,485	-9,657
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Net gain on sale of real estate, net
434,300	376,100	258,000	137,900	70,700	7,700	2,700	-200	400	1,223	16,520
Gain (Loss) on Disposition of Business
0	40,400	0	0	-	-	-	-	-	-	-
Gain from sale of real estaterelated party
-	-	-	-	-	-	-	-	-	723	946
Gain on early extinguishment of debt
-	-	-	-	-	-	-	-	-	16,670	0
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	4,788	0
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain
-	-	-	16,200	108,100	218,100	56,600	25,500	6,300	2,108	0
Gain on sale of marketable securities
-	-	-	-	-	-	-	4,300	0	0	-
Depreciation and amortization
187,600	206,100	212,500	198,200	166,300	104,500	17,400	4,900	2,800	1,618	1,122
Above/below and straight-line rent amortization
-4,600	-14,600	-10,200	-7,100	600	-	-	-	-	-	-
Note receivable and accrued interest forgiven in Merger
-	-	-	-	-	-	-	-	-	-	4,281
Depreciation and amortization - continuing and discontinued operations
-	-	-	-	-	-	-	-	-	-	1,122
Provision for deferred income taxes
26,700	39,300	-24,500	8,800	24,400	28,200	2,700	-500	-4,700	6,158	4,497
Amortization of deferred loan costs
9,300	13,500	12,300	12,300	8,200	4,100	2,200	1,200	800	262	917
Amortization of beneficial conversion of convertible subordinated debt
-	-	-	-	-	-	-	-	-	168	285
Amortization of discount and accretion of premium on issuance of the senior notes and investment debt
1,600	1,700	400	-2,100	-8,600	-14,500	-1,200	100	0	0	0
Unrealized net (gain) loss on derivatives
5,900	11,700	-11,100	6,500	-3,400	-2,300	0	0	-	-	-
Income from unconsolidated investments
179,700	78,700	77,800	139,600	97,200	54,200	42,200	29,600	-	-	8,019
Deferred compensation
3,800	0	0	-	-	-	-	-	-	-	-
Accretion of interest income on loans
100	600	12,100	11,700	8,900	900	-	-	6,700	11,855	0
Equity in joint venture income
-	-	-	-	-	-	-	-	12,500	10,548	-
Amortization of deferred compensation
-	-	-	-	-	-	-	-	-	-	1,543
Share-based compensation
30,200	37,100	38,200	65,100	30,800	15,800	7,500	8,100	5,100	8,094	2,314
Operating distributions from unconsolidated investments
74,100	61,400	85,700	62,800	78,800	88,800	67,700	59,000	-	-	-
Operating distributions from loans
0	600	6,400	32,700	9,700	0	-	-	-	-	-
Change in assets and liabilities:
Accounts receivable
-1,000	-1,900	13,900	22,900	-2,000	28,600	-10,700	7,700	1,000	1,039	-204
Accounts receivablerelated party
-	-	-	-	-	-	-	-	9,000	2,784	-381
Income tax receivable
-	-	-	-	-	-	-	-	-	-6,848	4,480
Operating distributions from joint ventures
-	-	-	-	-	-	-	-	13,000	5,931	514
Operating distributions from loan pool participation
-	-	-	-	-	-	-	-	2,400	266	0
Other assets
25,800	600	6,100	-2,100	14,800	23,100	1,400	3,100	3,800	-1,432	2,893
Accounts payable
-	-	-	-	-	-	-	-	200	644	501
Accounts payable, accrued expenses and other liabilities
-24,500	42,100	-29,000	-11,600	103,300	111,400	13,300	7,200	12,100	93	410
Accrued salaries and benefits
-	-	-	-	-	-	-	-	3,900	6,320	1,626
2009 Equity Participation Plan replacement payment
-	-	-	-	-	-	-	-	-	-	1,500
Other than temporary impairment on available-for-sale security, net of tax
-	-	-	-	-	-	-	-	-	-	194
Net Cash Provided by (Used in) Operating Activities
-19,500	93,100	73,000	102,900	178,200	98,100	31,300	16,700	3,400	2,157	-25,226
Cash flows from investing activities:
Proceeds from collection of loans
600	5,800	16,900	146,900	27,800	95,900	46,000	16,200	3,600	8,438	302
Payments to Acquire Mortgage Notes Receivable
2,700	2,200	-	16,100	235,800	536,800	61,700	185,000	6,100	25,636	500
Additions to notes receivable from sale of real estate
-	-	-	-	-	-	-	-	-	-	2,663
Settlements of notes receivable from sale of real estate
-	-	-	-	-	-	-	-	-	-	1,858
Net proceeds from sale of consolidated real estate
701,000	1,386,100	659,100	540,100	622,600	24,700	10,100	18,700	-	-	58,027
Net proceeds from sale of a business
-	43,400	-	-	-	-	-	-	-	-	-
Net proceeds from sale of real estate held for sale
-	-	-	-	-	-	-	-	-	3,639	-
Net proceeds from sale of real estaterelated party
-	-	-	-	-	-	-	-	-	9,548	0
Net proceeds from sale of real estate
-	-	-	-	-	-	-	-	7,100	0	0
Purchases of consolidated real estate
210,900	355,800	567,600	949,600	1,927,600	1,962,200	168,500	119,000	2,700	23,764	35,800
Capital expenditures to real estate
191,100	216,000	246,700	-	-	-	-	-	-	-	-
Sale of participation interests
-	-	-	-	-	-	6,600	0	-	-	-
Capitalized development costs
-	-	-	-	-	-	1,400	0	0	-	-
Additions to non refundable escrow deposits
0	5,000	0	0	3,800	47,700	4,000	0	0	-	-
Proceeds from settlement of foreign derivative contracts
-33,400	-10,700	2,800	-38,600	-41,500	14,400	0	0	-	-	-
Purchases of foreign currency derivative contracts
0	600	400	8,100	5,200	2,700	0	0	-	-	-
Short-term investments
-	-	-	-	-	-	-10,000	10,000	0	0	-
Additions to development project asset
1,200	29,100	19,400	0	0	-	-	-	-	-	-
Proceeds from development project asset
4,200	81,000	36,900	0	0	-	-	-	-	-	-
Assets acquired in merger
-	-	-	-	-	-	-	-	-	-	89,181
Investment in marketable securities
-	200	800	3,200	5,000	11,500	3,700	-	32,800	0	0
Proceeds from sale of marketable securities
0	7,400	1,100	-	6,200	8,600	-	34,100	0	0	-
Proceeds from Unconsolidated Investments, Dividends or Distributions, Return of Capital
115,000	63,700	133,400	89,600	180,000	111,800	175,400	96,800	-	-	-
Proceeds from Equity Method Investment, Distribution, Return of Capital
-	-	-	-	-	-	-	-	23,300	10,177	-
Distributions from loan pool participation
-	-	-	-	-	-	-	-	-	-	0
Distributions from joint ventures
-	-	-	-	-	-	-	-	-	-	2,374
Contributions to unconsolidated investments
266,000	396,100	79,900	124,900	184,300	167,700	357,600	251,500	105,400	83,891	37,933
Additions to notes receivablerelated party
-	-	-	-	-	-	-	-	35,300	5,914	8,774
Settlements of notes receivablerelated party
-	-	-	-	-	-	-	-	4,900	8,721	2,935
Investing distributions from loan pool participation
-	-	-	-	-	-	-	-	66,400	0	-
Contributions to loan pool participation
-	-	-	-	-	-	-	-	130,500	16,154	0
Net cash provided by investing activities
182,300	593,100	-70,200	-286,700	-1,483,600	-2,473,200	-348,800	-399,700	-207,500	-114,836	69,007
Cash flows from financing activities:
Borrowings under senior notes payable
0	246,600	0	250,000	0	647,200	0	160,300	249,300	0	0
Borrowings under notes payable
-	-	-	-	-	-	-	-	-	4,250	37,059
Repayment of senior notes payable
0	0	55,000	0	0	350,000	0	0	24,800	5,600	32,114
Costs associated with KWE Transaction
0	0	55,800	0	0	-	-	-	-	-	-
Repayments of junior subordinated debt
-	-	-	-	-	40,000	0	0	-	-	-
Borrowings under line of credit/term loan
125,000	225,000	800,000	125,000	95,000	215,000	125,000	85,800	74,000	48,250	20,500
Repayment of line of credit/term loan
200,000	450,000	500,000	125,000	220,000	90,000	125,000	85,800	101,800	30,500	24,000
Borrowings under mortgage debt
488,600	725,000	848,300	1,189,700	2,087,900	1,283,800	112,500	157,700	17,100	20,016	30,286
Repayment of mortgage debt
391,400	866,800	684,700	608,100	681,100	345,800	1,700	-	37,600	24,735	35,866
Repayment of convertible subordinated debt
-	-	-	-	-	-	-	-	-	32,550	0
Payment of debt issue costs
4,800	9,500	9,500	10,800	21,700	38,700	2,200	7,300	7,700	644	798
Issuance of common stock
-	-	-	-	215,000	190,600	275,900	106,200	123,100	0	59
Payments for Repurchase of Common Stock
20,700	177,900	67,700	64,800	11,400	8,200	3,800	0	500	11,301	3,690
Issuance of preferred stock
295,200	0	0	-	-	-	-	-	-	132,294	0
Cash paid to acquire noncontrolling interest in KWE
0	0	-719,800	0	0	-	-	-	-	-	-
Payments of Ordinary Dividends, Common Stock
114,900	111,200	59,200	-	-	-	-	-	-	-	-
Preferred dividends paid
2,600	0	0	-	-	-	-	-	-	-	-
KWE closing dividend
0	17,200	0	0	-	-	-	-	-	-	-
Repurchase of warrants
-	-	-	-	-	-	1,400	1,600	6,100	11,500	0
Exercise of warrants
-	-	-	-	-	-	15,400	0	0	-	-
Proceeds from the issuance of KWE shares, net
-	-	-	-	-	1,827,200	0	0	-	-	-
Dividends paid
-	-	-	64,800	51,800	38,900	24,100	21,900	11,700	4,533	3,235
Repayment of shareholder loans to noncontrolling interests
11,200	0	0	-	-	-	-	-	-	-	-
Acquisition of noncontrolling interests
-	0	3,300	196,900	68,400	51,000	-	500	0	0	-
Contributions from noncontrolling interests
15,000	23,200	47,400	42,100	14,500	19,900	1,400	400	4,400	10,955	6,804
Distributions to noncontrolling interests
264,000	116,000	106,000	116,600	239,200	57,700	600	4,900	5,100	3,242	10,712
Unrealized gain (loss) on marketable securities, net of tax
-	-	-	-	-	-	-	3,300	-3,200	6	194
Net cash used in financing activities
-85,800	-528,800	-565,300	419,800	1,118,800	3,163,400	371,400	388,400	272,600	91,160	-15,707
Effect of currency exchange rate changes on cash and cash equivalents
8,900	-20,700	28,100	-81,900	-19,500	-28,800	3,400	-400	500	10,703	3,879
Net change in cash and cash equivalents
85,900	136,700	-534,400	154,100	-206,100	759,500	57,300	5,000	69,000	-10,816	31,953
Supplemental cash flow information:
Interest
211,100	225,300	206,700	170,700	133,500	98,900	49,700	28,700	17,000	8,400	11,618
Income taxes
20,600	6,600	16,100	10,700	3,000	300	2,300	100	0	25	-4,130
Supplemental disclosure of non-cash investing and financing activities:
Accretion of preferred stock issuance costs
-	-	-	-	-	-	-	-	-	25	-
Cash paid for interest
-	-	-	-	-	-	-	2,300	2,700	790	0
Currency exchange loss
-	-	-	-	-	-	-	-	-	-	2,407