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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.