Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Stagwell Inc | Financial_Report.xls |
| EX-4.1 - EXHIBIT 4.1 - Stagwell Inc | v310655_ex4-1.htm |
| EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | v310655_ex99-1.htm |
| EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | v310655_ex32-2.htm |
| EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | v310655_ex31-2.htm |
| EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | v310655_ex31-1.htm |
| EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | v310655_ex32-1.htm |
| EX-10.2 - EXHIBIT 10.2 - Stagwell Inc | v310655_ex10-2.htm |
| 10-Q - FORM 10-Q - Stagwell Inc | v310655_10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
| Three Months Ended March 31, |
||||||||
| 2012 | 2011 | |||||||
| (000’s) | (000’s) | |||||||
| Earnings: | ||||||||
| Loss from continuing operations attributable to MDC Partners Inc. | $ | (25,981 | ) | $ | (8,359 | ) | ||
| Additions: | ||||||||
| Income tax expense | 1,263 | 358 | ||||||
| Noncontrolling interest in income of consolidated subsidiaries | 1,357 | 1,605 | ||||||
| Fixed charges, as shown below | 13,582 | 11,686 | ||||||
| Distributions received from equity-method investees | — | 3,783 | ||||||
| 16,202 | 17,432 | |||||||
| Subtractions: | ||||||||
| Equity in income (loss) of investees | 272 | 255 | ||||||
| Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges | — | — | ||||||
| 272 | 255 | |||||||
| Earnings as adjusted | $ | (10,051 | ) | $ | 8,818 | |||
| Fixed charges: | ||||||||
| Interest on indebtedness, expensed or capitalized | 10,437 | 8,927 | ||||||
| Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 559 | 637 | ||||||
| Interest within rent expense | 2,586 | 2,122 | ||||||
| Total fixed charges | $ | 13,582 | $ | 11,686 | ||||
| Ratio of earnings to fixed charges | N/A | N/A | ||||||
| Fixed charge deficiency | $ | 23,633 | $ | 2,868 | ||||