Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - OMNICOM GROUP INC. | a2017q310-q.htm |
| EX-32 - CERTIFICATION - OMNICOM GROUP INC. | a2017q3exhibit32.htm |
| EX-31.2 - CERTIFICATION - OMNICOM GROUP INC. | a2017q3exhibit312.htm |
| EX-31.1 - CERTIFICATION - OMNICOM GROUP INC. | a2017q3exhibit311.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratios)
(Unaudited)
For the Nine Months Ended September 30, 2017 | |||
Earnings: | |||
Income before income taxes | $ | 1,308.4 | |
Add: Dividends from equity method investments | 3.2 | ||
Fixed charges | 257.8 | ||
Total earnings | $ | 1,569.4 | |
Fixed charges: | |||
Interest expense (a) | $ | 169.2 | |
Rent expense interest factor (b) | 88.6 | ||
Total fixed charges | $ | 257.8 | |
Ratio of earnings to fixed charges | 6.09x | ||
___________________
(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. |