Attached files
file | filename |
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EX-31.1 - CERTIFICATION - OMNICOM GROUP INC. | a2016q1exhibit311.htm |
10-Q - 10-Q - OMNICOM GROUP INC. | a2016q110-q.htm |
EX-31.2 - CERTIFICATION - OMNICOM GROUP INC. | a2016q1exhibit312.htm |
EX-32 - CERTIFICATION - OMNICOM GROUP INC. | a2016q1exhibit32.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratios)
(Unaudited)
For the Three Months Ended March 31, 2016 | ||||
Earnings: | ||||
Income before income taxes | $ | 352.0 | ||
Add: Dividends from equity method investments | 1.2 | |||
Fixed charges | 83.4 | |||
Total earnings | $ | 436.6 | ||
Fixed charges: | ||||
Interest expense (a) | $ | 50.3 | ||
Rent expense interest factor (b) | 33.1 | |||
Total fixed charges | $ | 83.4 | ||
Ratio of earnings to fixed charges | 5.24x |
___________________
(a) | Interest expense includes interest on third-party indebtedness. |
(b) | The rent expense interest factor reflects an appropriate portion (one-third) of rent expense representative of interest. |