Stagwell Inc - FORM 10-Q - EX-12 - EXHIBIT 12 - May 10, 2018

Attached files

file filename
EX-99.1 - EXHIBIT 99.1 - Stagwell Incmdca-20180331xexhibit991.htm
EX-32.2 - EXHIBIT 32.2 - Stagwell Incmdca-20180331xexhibit322.htm
EX-32.1 - EXHIBIT 32.1 - Stagwell Incmdca-20180331xexhibit321.htm
EX-31.2 - EXHIBIT 31.2 - Stagwell Incmdca-20180331xexhibit312.htm
EX-31.1 - EXHIBIT 31.1 - Stagwell Incmdca-20180331xexhibit311.htm
10-Q - 10-Q - Stagwell Incmdca-20180331x10q.htm


Exhibit 12
 
Statement of Computation of Ratio of Earnings to Fixed Charges
 

Three Months Ended March 31,
 
2018

2017
 
(000’s)

(000’s)
Earnings:
 

 
 

Income (loss) from continuing operations attributable to MDC Partners Inc.
$
(29,416
)

$
(10,566
)
Additions:
 

 
 

Income tax expense
(8,330
)
 
3,969

Net income attributable to the noncontrolling interests
897

 
883

Fixed charges, as shown below
21,847


21,737

Distributions received from equity-method investments
—


—

 
14,414


26,589

Subtractions:
 

 
 

Equity in earnings of non-consolidated affiliates
86

 
(139
)

 
 
 
Earnings as adjusted
$
(15,088
)

$
16,162

Fixed charges:
 

 
 

Interest on indebtedness, expensed or capitalized
15,424


16,026

Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized
807


742

Interest within rent expense
5,616


4,969

Total fixed charges
$
21,847


$
21,737

Ratio of earnings to fixed charges
N/A


N/A

Fixed charge deficiency
$
36,935


$
5,575



Stock widget

Investing forum

Stagwell Inc Reports