Attached files
file | filename |
---|---|
EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20150630xexhibit311.htm |
EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20150630xexhibit321.htm |
EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20150630xexhibit322.htm |
EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20150630xexhibit312.htm |
EX-10.2 - EXHIBIT 10.2 - Stagwell Inc | mdca-20150630xexhibit102.htm |
EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20150630xexhibit991.htm |
EX-10.3 - EXHIBIT 10.3 - Stagwell Inc | mdca-20150630xexhibit103.htm |
10-Q - 10-Q - Stagwell Inc | mdca-20150630x10q.htm |
XML - IDEA: XBRL DOCUMENT - Stagwell Inc | R9999.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Six Months Ended June 30, | |||||||
2015 | 2014 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Income from continuing operations attributable to MDC Partners Inc. | $ | 2,434 | $ | 9,231 | |||
Additions: | |||||||
Income expense | 625 | 3,030 | |||||
Noncontrolling interest in income of consolidated subsidiaries | 5,221 | 3,111 | |||||
Fixed charges, as shown below | 35,686 | 33,242 | |||||
Distributions received from equity-method investees | 41 | 8 | |||||
41,573 | 39,391 | ||||||
Subtractions: | |||||||
Equity in income of investees | 455 | 142 | |||||
Earnings as adjusted | $ | 43,552 | $ | 48,480 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 27,249 | 25,496 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 1,135 | 1,145 | |||||
Interest within rent expense | 7,302 | 6,601 | |||||
Total fixed charges | $ | 35,686 | $ | 33,242 | |||
Ratio of earnings to fixed charges | 1.22 | 1.46 | |||||
Fixed charge deficiency | N/A | N/A |