Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - Stagwell Inc | Financial_Report.xls |
EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20150331xexhibit322.htm |
EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20150331xexhibit991.htm |
EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20150331xexhibit321.htm |
EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20150331xexhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20150331xexhibit311.htm |
10-Q - 10-Q - Stagwell Inc | mdca-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 |