The following tables summarize Kennedy Wilson’s income activity by segment and corporate for the three and six months ended June 30, 2014 and 2013 and balance sheet data as of June 30, 2014 and December 31, 2013:



	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in millions)	2014			2013			2014			2013
Investments
Rental and hotel	$	42.6		$	10.3		$	67.8		16.8
Sale of real estate	6.1			6.1			17.4			8.5
Loan and other	4.3			0.5			6.0			0.9
Total revenue	53.0			16.9			91.2			26.2
Operating expenses	(39.0		)	(18.7		)	(75.1		)	(31.3		)
Depreciation and amortization	(25.3		)	(4.4		)	(32.6		)	(7.5		)
Income from unconsolidated investments	29.9			14.8			31.7			16.9
Operating income	18.6			8.6			15.2			4.3
Acquisition-related gains	86.0			—			170.3			9.5
Acquisition-related expenses	(7.6		)	(0.5		)	(11.6		)	(0.5		)
Interest expense - investment	(11.1		)	(2.8		)	(16.4		)	(4.6		)
Other	2.1			0.1			2.9			0.4
Net income	88.0			5.4			160.4			9.1
Net (income) loss attributable to the noncontrolling interests	(25.3		)	0.9			(62.7		)	1.9
Net income attributable to Kennedy-Wilson Holdings, Inc common shareholders	$	62.7		$	6.3		$	97.7		$	11.0



	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in millions)	2014			2013			2014			2013
Services
Investment management, property services and research fees (includes $33.3, $13.8, $40.6, and $22.2 of related party fees)	$	39.0		$	19.5		$	52.1		$	33.1
Total revenue	39.0			19.5			52.1			33.1
Operating expenses	(14.7		)	(9.9		)	(25.9		)	(18.2		)
Income from unconsolidated investments	1.1			—			2.1			—
Operating income	25.4			9.6			28.3			14.9
Net income attributable to Kennedy-Wilson Holdings, Inc common shareholders	$	25.4		$	9.6		$	28.3		$	14.9



	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in millions)	2014			2013			2014			2013
Corporate
Operating expenses	$	(9.6	)	$	(7.2	)	$	(15.9	)	$	(10.9	)
Operating loss	(9.6		)	(7.2		)	(15.9		)	(10.9		)
Interest expense-corporate	(14.7		)	(9.7		)	(25.2		)	(19.4		)
Other	—			0.1			—			0.2
Loss before (provision for) benefit from income taxes	(24.3		)	(16.8		)	(41.1		)	(30.1		)
(Provision for) benefit from income taxes	(25.4		)	0.5			(34.2		)	2.2
Net loss	(49.7		)	(16.3		)	(75.3		)	(27.9		)
Preferred dividends and accretion of preferred stock issuance costs	(2.1		)	(2.1		)	(4.1		)	(4.1		)
Net loss attributable to Kennedy-Wilson Holdings, Inc. common shareholders	$	(51.8	)	$	(18.4	)	$	(79.4	)	$	(32.0	)



	Three Months Ended June 30,						Six Months Ended June 30,
(Dollars in millions)	2014			2013			2014			2013
Consolidated
Investment management, property services and research fees (includes $33.3, $13.8, $40.6, and $22.2 of related party fees)	$	39.0		$	19.5		$	52.1		33.1
Rental and hotel	42.6			10.3			67.8			16.8
Sale of real estate	6.1			6.1			17.4			8.5
Loans and other	4.3			0.5			6.0			0.9
Total revenue	92.0			36.4			143.3			59.3
Operating expenses	(63.3		)	(35.7		)	(116.7		)	(60.2		)
Depreciation and amortization	(25.3		)	(4.4		)	(32.6		)	(7.5		)
Total operating expenses	(88.6		)	(40.1		)	(149.3		)	(67.7		)
Income from unconsolidated investments	31.0			14.8			33.8			16.9
Operating income	34.4			11.1			27.8			8.5
Acquisition-related gain	86.0			—			170.3			9.5
Acquisition-related expenses	(7.6		)	(0.5		)	(11.6		)	(0.5		)
Interest expense - investment	(11.1		)	(2.8		)	(16.4		)	(4.6		)
Interest expense - corporate	(14.7		)	(9.7		)	(25.2		)	(19.4		)
Other	2.1			0.1			2.9			0.4
Income (loss) before benefit from income taxes	89.1			(1.8		)	147.8			(6.1		)
(Provision for) benefit from income taxes	(25.4		)	0.5			(34.2		)	2.2
Net income (loss)	63.7			(1.3		)	113.6			(3.9		)
Net (income) loss attributable to the noncontrolling interests	(25.3		)	0.9			(62.7		)	1.9
Preferred dividends and accretion of preferred stock issuance costs	(2.1		)	(2.1		)	(4.1		)	(4.1		)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders	$	36.3		$	(2.5	)	$	46.8		$	(6.1	)



(Dollars in millions)	June 30, 2014		December 31, 2013
Total Assets
Investments	$	4,893.0	$	1,607.5
Services	104.8		49.3
Corporate	356.9		142.0
Total assets	$	5,354.7	$	1,798.8