Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20160930xexhibit311.htm |
| EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20160930xexhibit991.htm |
| EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20160930xexhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20160930xexhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20160930xexhibit312.htm |
| 10-Q - 10-Q - Stagwell Inc | mdca-20160930x10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Nine Months Ended September 30, | |||||||
2016 | 2015 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Loss from continuing operations attributable to MDC Partners Inc. | $ | (55,650 | ) | $ | (4,854 | ) | |
Additions: | |||||||
Income tax expense (benefit) | 1,893 | (566 | ) | ||||
Net income attributable to the noncontrolling interests | 3,172 | 7,343 | |||||
Fixed charges, as shown below | 95,444 | 54,337 | |||||
Distributions received from equity-method investments | 123 | 71 | |||||
100,632 | 61,185 | ||||||
Subtractions: | |||||||
Equity in earnings of non-consolidated affiliates | 9 | 627 | |||||
Earnings as adjusted | $ | 44,973 | $ | 55,704 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 73,851 | 41,320 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 8,736 | 1,702 | |||||
Interest within rent expense | 12,857 | 11,315 | |||||
Total fixed charges | $ | 95,444 | $ | 54,337 | |||
Ratio of earnings to fixed charges | N/A | 1.03 | |||||
Fixed charge deficiency | $ | 50,471 | N/A | ||||