Kennedy-Wilson Holdings, Inc. KW Cash Flow

Kennedy-wilson holdings, inc. (KW)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Cash flows from operating activities:
Net (loss) income
313,600	321,100	195,100	188,600	214,700	212,100	284,600	281,500	136,100	138,000	77,800	81,100	56,900	76,500	59,600	51,600	83,800	59,000	10,200	2,100	35,900	90,100	131,200	131,400	66,400	13,900	3,657	2,315	2,618	6,700	6,129	5,393	6,904	7,500	0	0	0
Adjustments to reconcile net (loss) income to net cash used in operating activities:
Net gain on sale of real estate, net
443,700	434,300	321,100	354,900	381,800	376,100	458,600	450,200	281,500	258,000	165,000	154,800	104,600	137,900	107,300	88,000	103,400	70,700	46,300	44,600	12,300	7,700	4,400	4,900	3,500	2,700	2,712	1,712	812	-200	168	168	168	400	0	0	0
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	108,100	106,100	105,100	138,100	218,100	244,700	217,400	131,300	56,600	36,600	35,000	35,000	25,500	-48	-48	6,300	6,300	0	0	0
Gain on sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Depreciation and amortization
184,000	187,600	189,100	194,200	199,500	206,100	214,000	217,900	218,500	212,500	208,100	202,700	199,600	198,200	194,100	189,000	178,000	166,300	156,700	146,500	133,800	104,500	72,700	42,500	21,600	17,400	13,997	10,486	7,063	4,900	3,875	3,817	3,303	2,800	0	0	0
Above/below and straight-line rent amortization
-6,300	-4,600	-6,900	-9,500	-12,000	-14,600	-14,000	-13,300	-12,000	-10,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for deferred income taxes
26,700	26,700	45,600	42,700	43,700	39,300	1,800	-8,000	-23,200	-24,500	5,300	15,000	2,400	8,800	20,000	16,900	35,200	24,400	-10,500	-5,100	9,200	28,200	44,500	38,700	13,200	2,700	1,809	-1,491	-2,116	-500	-5,809	-6,251	-5,354	-4,700	0	0	0
Amortization of deferred loan costs
8,900	9,300	10,000	9,700	13,000	13,500	16,700	16,800	13,400	12,300	8,800	11,200	11,800	12,300	12,800	10,200	10,000	8,200	5,500	5,700	4,200	4,100	4,400	2,700	2,300	2,200	1,955	1,675	1,448	1,200	1,096	1,126	981	800	0	0	0
Amortization of discount and accretion of premium on issuance of the senior notes and investment debt
1,600	1,600	900	800	1,800	1,700	2,800	2,300	600	400	-2,000	-2,200	-2,000	-2,100	-1,300	100	-3,900	-8,600	-20,100	-22,500	-19,100	-14,500	-3,000	-1,900	-1,300	-1,200	-840	-426	-113	100	12	13	13	0	0	0	0
Unrealized net (gain) loss on derivatives
8,000	5,900	2,800	3,200	11,800	11,700	16,800	5,300	-11,100	-11,100	-15,500	-6,800	5,600	6,500	6,600	1,100	-2,400	-3,400	-6,100	-500	-2,700	-2,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income from unconsolidated investments
148,900	179,700	149,400	89,400	94,400	78,700	81,300	78,800	74,800	77,800	137,700	147,400	149,400	139,600	106,200	93,300	103,600	97,200	57,900	52,100	64,200	54,200	58,500	59,200	42,800	42,200	47,428	36,076	26,284	29,600	0	0	0	-	0	0	0
Deferred compensation
4,400	3,800	2,700	1,700	900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of interest income on loans
-	-	-	-	-	600	600	9,100	10,900	12,100	15,400	10,700	11,600	11,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	7,609	5,137	4,692	6,700	0	0	0
Share-based compensation
28,400	30,200	33,100	36,000	37,600	37,100	36,900	37,000	37,600	38,200	46,500	52,800	58,100	65,100	59,000	48,900	41,000	30,800	26,700	26,500	21,400	15,800	10,700	7,500	7,400	7,500	8,600	9,422	9,029	8,100	6,339	4,713	4,804	5,100	0	0	0
Operating distributions from unconsolidated investments
77,800	74,100	61,100	64,400	65,500	61,400	52,400	53,700	76,000	85,700	76,500	102,200	73,800	62,800	81,900	63,600	68,400	78,800	60,700	64,200	95,400	88,800	103,900	107,500	69,700	67,700	0	0	0	-	-	-	-	-	-	-	-
Operating distributions from loans
-	-	-	-	-	-	-	-	-	6,400	24,700	26,200	25,400	32,700	15,800	14,700	16,700	9,700	7,000	4,100	2,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in assets and liabilities:
Accounts receivable
7,700	-1,000	-16,300	-5,400	2,800	-1,900	23,500	5,000	7,400	13,900	13,300	4,800	2,800	22,900	12,800	23,500	8,100	-2,000	10,300	17,000	23,000	28,600	-3,900	1,600	-2,800	-10,700	18,636	10,849	6,879	7,700	1,454	1,068	949	1,000	0	0	0
Accounts receivablerelated party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,358	9,668	12,650	9,000	0	0	0
Operating distributions from joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40,661	34,726	25,645	13,000	0	0	0
Operating distributions from loan pool participation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,686	23,671	3,265	2,400	0	0	0
Other assets
28,100	25,800	18,900	15,500	7,300	600	8,900	2,800	400	6,100	-17,500	-9,000	-8,500	-2,100	34,500	30,000	27,100	14,800	23,700	17,800	21,800	23,100	-9,400	-2,300	-100	1,400	12,797	11,204	5,310	3,100	1,016	439	4,070	3,800	0	0	0
Accounts payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	946	-206	326	200	0	0	0
Accounts payable, accrued expenses and other liabilities
-33,600	-24,500	-53,100	-29,700	-7,600	42,100	28,400	24,000	22,800	-29,000	21,800	-6,100	-11,400	-11,600	21,700	64,600	110,600	103,300	129,500	85,800	93,200	111,400	64,000	72,700	17,400	13,300	-449	2,857	-18,181	7,200	2,001	2,077	14,280	12,100	0	0	0
Accrued salaries and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	629	801	-235	3,900	0	0	0
Net Cash Provided by (Used in) Operating Activities
-31,000	-19,500	-38,200	1,500	19,200	93,100	35,200	64,500	110,600	73,000	154,100	160,600	123,000	102,900	142,400	151,400	185,900	178,200	126,600	70,300	118,400	98,100	134,100	120,300	22,000	31,300	-12,865	-26,124	-4,865	16,700	30,334	35,200	9,412	3,400	0	0	0
Cash flows from investing activities:
Proceeds from collection of loans
33,600	600	1,800	1,300	1,300	5,800	4,500	15,000	15,000	16,900	18,400	14,500	23,100	146,900	157,900	162,000	158,000	27,800	15,300	81,800	95,700	95,900	98,900	31,100	46,200	46,000	53,732	48,499	16,200	16,200	8,509	4,415	3,288	3,600	0	0	0
Payments to Acquire Mortgage Notes Receivable
8,600	2,700	2,000	2,400	2,600	2,200	0	0	0	-	-	-	-	16,100	18,000	7,600	153,100	235,800	294,300	397,000	465,700	536,800	507,800	420,700	212,100	61,700	177,087	194,834	193,139	185,000	38,669	10,566	6,161	6,100	0	0	0
Net proceeds from sale of consolidated real estate
705,700	701,000	572,500	873,100	1,449,500	1,386,100	1,562,100	1,250,700	732,700	659,100	536,000	599,700	472,400	540,100	365,200	302,000	696,200	622,600	531,800	513,700	49,100	24,700	15,900	16,100	16,700	10,100	11,295	9,795	4,195	18,700	0	0	0	-	0	0	0
Purchases of consolidated real estate
-	-	-	-	-	355,800	368,400	522,500	651,800	567,600	676,200	787,000	894,400	949,600	1,142,000	1,388,400	1,272,700	1,927,600	1,958,000	1,659,100	2,351,600	1,962,200	1,590,800	1,350,000	520,600	168,500	218,728	211,483	119,186	119,000	16,942	17,628	18,114	2,700	0	0	0
Capital expenditures to real estate
171,700	191,100	195,800	205,100	213,900	216,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to non refundable escrow deposits
0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from settlement of foreign derivative contracts
-65,900	-33,400	-37,100	-27,300	-14,900	-10,700	-1,900	13,100	9,700	2,800	-85,000	-67,300	-63,900	-38,600	-34,400	-51,600	-49,000	-41,500	43,100	50,200	44,500	14,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of foreign currency derivative contracts
-	-	-	-	-	-	-	-	-	400	2,900	5,200	5,100	8,100	5,800	3,400	5,000	5,200	5,700	7,900	6,300	2,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Additions to development project asset
0	1,200	8,000	13,900	21,900	29,100	28,600	35,800	27,800	19,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from development project asset
4,800	4,200	46,300	46,400	43,800	81,000	38,900	75,700	75,800	36,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of interest in an entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-
Investment in marketable securities
-	-	-	-	-	-	-	-	700	800	2,900	2,900	2,600	3,200	5,900	5,700	5,900	5,000	0	4,600	7,000	11,500	15,200	10,600	8,200	3,700	0	0	0	-	-	-	-	-	-	-	0
Proceeds from sale of marketable securities
-	-	-	-	-	7,400	7,900	8,300	8,300	1,100	0	0	0	-	-	-	-	6,200	14,800	14,800	14,800	8,600	0	0	0	-	-	-	-	34,100	0	0	0	-	-	-	-
Proceeds from Equity Method Investment, Distribution, Return of Capital
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Distributions from joint ventures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Contributions to unconsolidated investments
291,000	266,000	248,400	370,600	397,600	396,100	310,700	168,800	69,900	79,900	116,900	116,000	130,500	124,900	99,400	101,300	192,300	184,300	183,300	190,300	115,800	167,700	182,900	263,100	372,600	357,600	486,680	402,531	298,282	251,500	89,028	81,202	93,606	105,400	0	0	0
Additions to notes receivablerelated party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,903	42,903	33,949	35,300	0	0	0
Investing distributions from loan pool participation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Contributions to loan pool participation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	184,556	180,425	130,418	130,500	0	0	0
Net cash provided by investing activities
321,500	182,300	186,500	277,200	748,500	593,100	585,100	359,200	-115,600	-70,200	-106,000	-168,200	-444,300	-286,700	-551,800	-830,100	-543,000	-1,483,600	-1,779,500	-1,559,400	-2,688,700	-2,473,200	-2,042,700	-1,840,300	-908,500	-348,800	-568,560	-529,582	-438,235	-399,700	-181,318	-205,487	-169,466	-207,500	0	0	0
Cash flows from financing activities:
Borrowings under senior notes payable
-	-	-	-	-	246,600	246,600	246,600	246,600	0	0	0	0	-	-	-	-	-	-	-	-	647,200	297,200	297,200	297,200	0	0	0	0	-	-	-	-	-	-	-	-
Repayment of senior notes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,800	0	0	0
Borrowings under line of credit/term loan
-	-	-	-	-	225,000	625,000	625,000	875,000	800,000	400,000	425,000	75,000	125,000	145,000	120,000	120,000	95,000	200,000	200,000	150,000	215,000	90,000	130,000	180,000	125,000	165,800	125,800	120,800	85,800	100,000	100,000	55,000	74,000	0	0	0
Repayment of line of credit/term loan
-	-	-	-	-	450,000	775,000	775,000	675,000	500,000	0	0	0	-	-	-	-	220,000	200,000	200,000	150,000	90,000	90,000	160,000	180,000	125,000	165,800	129,989	120,800	85,800	0	0	0	-	-	-	-
Borrowings under mortgage debt
214,400	488,600	691,000	645,400	923,900	725,000	1,068,700	1,128,700	922,300	848,300	514,600	880,000	1,087,500	1,189,700	1,389,100	990,000	1,370,500	2,087,900	2,090,900	2,563,000	1,931,600	1,283,800	865,300	339,400	308,300	112,500	0	0	0	-	-	-	-	17,100	0	0	0
Repayment of mortgage debt
191,600	391,400	477,800	552,400	1,089,000	866,800	1,261,900	1,160,700	657,400	684,700	343,600	611,200	623,500	608,100	468,000	173,600	475,600	681,100	933,800	936,800	586,900	345,800	32,800	15,100	7,100	1,700	0	0	0	-	7,491	7,491	36,729	37,600	0	0	0
Repayment of term loan
-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of debt issue costs
7,000	4,800	4,500	4,600	7,000	9,500	15,800	16,400	14,000	9,500	2,800	7,200	8,700	10,800	16,100	12,300	14,700	21,700	25,200	40,500	38,300	38,700	28,900	12,600	11,400	2,200	8,074	7,174	7,700	7,300	1,240	1,545	7,655	7,700	0	0	0
Issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	215,000	215,000	214,900	186,900	190,600	190,500	312,700	332,900	275,900	275,926	260,100	240,000	106,200	0	0	0	-	-	-	-
Payments for Repurchase of Common Stock
38,400	20,700	34,600	37,300	163,800	177,900	192,200	187,700	60,500	67,700	57,000	57,600	80,900	64,800	43,400	42,900	21,400	11,400	16,700	16,900	8,800	8,200	6,700	6,400	6,300	3,800	-47	-47	-41	0	511	511	510	500	0	0	0
Payments of Ordinary Dividends, Common Stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred dividends paid
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuance (repayment) of shareholder loans to noncontrolling interests
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
KWE closing dividend
-	-	-	-	-	17,200	17,200	17,200	17,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of KWE shares, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,827,200	1,351,100	1,351,100	1,350,700	0	0	0	0	-	-	-	-	-	-	-	-
Dividends paid
-	-	-	-	-	-	0	0	70,000	-	74,400	71,700	69,000	64,800	61,600	59,200	55,400	51,800	48,200	44,400	41,800	38,900	36,200	33,100	24,800	24,100	24,705	22,286	24,902	21,900	17,321	16,364	13,773	11,700	0	0	0
Repayment of shareholder loans to noncontrolling interests
-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of noncontrolling interests
-	-	-	-	-	-	-	-	-	3,300	129,600	132,300	156,400	196,900	79,500	111,900	87,200	68,400	93,700	58,600	73,500	51,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests
10,000	15,000	11,400	18,400	15,500	23,200	26,600	39,900	51,600	47,400	60,400	51,900	45,400	42,100	33,300	21,000	15,900	14,500	13,500	17,700	21,100	19,900	13,400	9,400	4,300	1,400	0	0	0	-	-	-	-	4,400	0	0	0
Distributions to noncontrolling interests
141,500	264,000	271,000	270,300	237,500	116,000	117,600	133,700	91,300	106,000	115,100	119,300	88,800	116,600	128,200	129,600	235,000	239,200	239,200	227,300	102,800	57,700	24,500	13,900	3,400	600	369	169	-31	4,900	9,335	9,515	9,697	5,100	0	0	0
Unrealized gain (loss) on marketable securities, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,300	4,820	265	2,263	-3,200	0	0	0
Net cash used in financing activities
-56,200	-85,800	-187,200	-326,000	-730,800	-528,800	-1,394,700	-1,229,400	-398,000	-565,300	192,500	427,100	305,600	419,800	875,600	581,500	575,000	1,118,800	1,481,300	1,949,800	1,724,000	3,163,400	2,499,700	2,154,700	2,254,400	371,400	636,393	611,397	523,670	388,400	138,635	66,671	243,783	272,600	0	0	0
Effect of currency exchange rate changes on cash and cash equivalents
-11,600	8,900	5,300	4,200	-27,000	-20,700	-38,900	-12,000	27,700	28,100	16,900	-10,700	-74,100	-81,900	-32,600	-39,400	10,300	-19,500	-73,800	-67,800	-56,900	-28,800	14,500	25,300	6,800	3,400	-346	-2,459	-4,461	-400	-8,219	-1,066	3,137	500	0	0	0
Net change in cash and cash equivalents
222,700	85,900	-33,600	-43,100	9,900	136,700	-813,300	-817,700	-375,300	-534,400	257,500	408,800	-89,800	154,100	433,600	-136,600	228,200	-206,100	-245,400	392,900	-903,200	759,500	605,600	460,000	1,374,700	57,300	54,622	53,232	76,109	5,000	-20,568	-104,682	86,866	69,000	0	0	0
Supplemental cash flow information:
Interest
207,800	211,100	194,100	217,200	223,800	225,300	218,700	201,800	210,600	206,700	194,900	189,800	171,100	170,700	153,900	154,000	119,600	133,500	107,700	123,900	112,700	98,900	79,800	61,100	54,500	49,700	57,432	38,179	46,033	28,700	27,909	27,739	16,638	17,000	0	0	0
Income taxes
19,200	20,600	12,400	7,500	6,100	6,600	7,500	10,100	11,500	16,100	15,900	12,000	11,600	10,700	10,400	8,000	10,200	3,000	3,200	2,900	700	300	100	100	2,300	2,300	2,300	2,315	50	100	67	85	50	0	0	0	0
Supplemental disclosure of non-cash investing and financing activities:
Accrued capital expenditures
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Common dividends declared but not paid on common stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Preferred dividends declared but not paid on preferred stock
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accretion of preferred stock issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Dividends declared but not paid on common stock
-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,218	3,332	2,700	0	0	0