Attached files

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EX-31.1 - EXHIBIT 31.1 - Stagwell Incmdca-20150630xexhibit311.htm
EX-32.1 - EXHIBIT 32.1 - Stagwell Incmdca-20150630xexhibit321.htm
EX-32.2 - EXHIBIT 32.2 - Stagwell Incmdca-20150630xexhibit322.htm
EX-31.2 - EXHIBIT 31.2 - Stagwell Incmdca-20150630xexhibit312.htm
EX-10.2 - EXHIBIT 10.2 - Stagwell Incmdca-20150630xexhibit102.htm
EX-99.1 - EXHIBIT 99.1 - Stagwell Incmdca-20150630xexhibit991.htm
EX-10.3 - EXHIBIT 10.3 - Stagwell Incmdca-20150630xexhibit103.htm
10-Q - 10-Q - Stagwell Incmdca-20150630x10q.htm
XML - IDEA: XBRL DOCUMENT - Stagwell IncR9999.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