Attached files
| file | filename |
|---|---|
| 10-Q - Stagwell Inc | v220353_10q.htm |
| EX-3.1 - Stagwell Inc | v220353_ex3-1.htm |
| EX-32.2 - Stagwell Inc | v220353_ex32-2.htm |
| EX-10.4 - Stagwell Inc | v220353_ex10-4.htm |
| EX-99.1 - Stagwell Inc | v220353_ex99-1.htm |
| EX-31.1 - Stagwell Inc | v220353_ex31-1.htm |
| EX-10.2 - Stagwell Inc | v220353_ex10-2.htm |
| EX-31.2 - Stagwell Inc | v220353_ex31-2.htm |
| EX-32.1 - Stagwell Inc | v220353_ex32-1.htm |
| EX-10.3 - Stagwell Inc | v220353_ex10-3.htm |
| EX-10.1.2 - Stagwell Inc | v220353_ex10-1x2.htm |
| EX-10.1.1 - Stagwell Inc | v220353_ex10-1x1.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
|
Three Months Ended
March 31,
|
||||||||
|
2011
|
2010
|
|||||||
|
(000’s)
|
(000’s)
|
|||||||
|
Earnings:
|
||||||||
|
Income (loss) from continuing operations attributable to MDC Partners Inc.
|
$
|
(8,685
|
)
|
$
|
(9,710
|
)
|
||
|
Additions:
|
||||||||
|
Income tax expense
|
358
|
249
|
||||||
|
Noncontrolling interest in income of consolidated subsidiaries
|
1,605
|
1,023
|
||||||
|
Fixed charges, as shown below
|
11,696
|
8,288
|
||||||
|
Distributions received from equity-method investees
|
3,783
|
7
|
||||||
|
17,442
|
9,567
|
|||||||
|
Subtractions:
|
||||||||
|
Equity in income (loss) of investees
|
255
|
(104
|
)
|
|||||
|
Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges
|
—
|
—
|
||||||
|
255
|
(104
|
)
|
||||||
|
Earnings as adjusted
|
$
|
8,502
|
$
|
(39
|
)
|
|||
|
Fixed charges:
|
||||||||
|
Interest on indebtedness, expensed or capitalized
|
8,927
|
6,377
|
||||||
|
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized
|
637
|
651
|
||||||
|
Interest within rent expense
|
2,132
|
1,260
|
||||||
|
Total fixed charges
|
$
|
11,696
|
$
|
8,288
|
||||
|
Ratio of earnings to fixed charges
|
N/A
|
N/A
|
||||||
|
Fixed charge deficiency
|
$ |
3,194
|
$ |
8,327
|
||||