Attached files
file | filename |
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EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20170930xexhibit991.htm |
EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20170930xexhibit322.htm |
EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20170930xexhibit321.htm |
EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20170930xexhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20170930xexhibit311.htm |
10-Q - 10-Q - Stagwell Inc | mdca-20170930x10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Nine Months Ended September 30, | |||||||
2017 | 2016 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Income (loss) from continuing operations attributable to MDC Partners Inc. | $ | 19,180 | $ | (54,937 | ) | ||
Additions: | |||||||
Income tax expense | 17,659 | 1,180 | |||||
Net income attributable to the noncontrolling interests | 6,588 | 3,172 | |||||
Fixed charges, as shown below | 64,161 | 95,444 | |||||
Distributions received from equity-method investments | — | 123 | |||||
88,408 | 99,796 | ||||||
Subtractions: | |||||||
Equity in earnings of non-consolidated affiliates | 1,924 | 9 | |||||
Earnings as adjusted | $ | 105,664 | $ | 44,850 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 46,841 | 73,851 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 2,018 | 8,736 | |||||
Interest within rent expense | 15,302 | 12,857 | |||||
Total fixed charges | $ | 64,161 | $ | 95,444 | |||
Ratio of earnings to fixed charges | 1.65 | N/A | |||||
Fixed charge deficiency | N/A | $ | 50,471 |