Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - Stagwell IncFinancial_Report.xls
EX-32.2 - EXHIBIT 32.2 - Stagwell Incmdca-20150331xexhibit322.htm
EX-99.1 - EXHIBIT 99.1 - Stagwell Incmdca-20150331xexhibit991.htm
EX-32.1 - EXHIBIT 32.1 - Stagwell Incmdca-20150331xexhibit321.htm
EX-31.2 - EXHIBIT 31.2 - Stagwell Incmdca-20150331xexhibit312.htm
EX-31.1 - EXHIBIT 31.1 - Stagwell Incmdca-20150331xexhibit311.htm
10-Q - 10-Q - Stagwell Incmdca-20150331x10q.htm


Exhibit 12
 
Statement of Computation of Ratio of Earnings to Fixed Charges
 

Three Months Ended March 31, 2015
 
2015

2014
 
(000’s)

(000’s)
Earnings:
 

 
 

Loss from continuing operations attributable to MDC Partners Inc.
$
(25,797
)

$
(8,575
)
Additions:
 

 
 

Income expense benefit
(4,054
)

(346
)
Noncontrolling interest in income of consolidated subsidiaries
2,380


1,362

Fixed charges, as shown below
18,669


16,125

Distributions received from equity-method investees


8

 
16,995


17,149

Subtractions:
 

 
 

Equity in income of investees
351


63


 
 
 
Earnings as adjusted
$
(9,153
)

$
8,511

Fixed charges:
 

 
 

Interest on indebtedness, expensed or capitalized
13,602


12,177

Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized
1,494


577

Interest within rent expense
3,573


3,371

Total fixed charges
$
18,669


$
16,125

Ratio of earnings to fixed charges
N/A


N/A

Fixed charge deficiency
$
27,822


$
7,614