Attached files
file | filename |
---|---|
EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20180930xexhibit991.htm |
EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20180930xexhibit322.htm |
EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20180930xexhibit321.htm |
EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20180930xexhibit312.htm |
EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20180930xexhibit311.htm |
10-Q - 10-Q - Stagwell Inc | mdca-20180930x10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Nine Months Ended September 30, | |||||||
2018 | 2017 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Income (loss) attributable to MDC Partners Inc. | $ | (42,135 | ) | $ | 19,180 | ||
Additions: | |||||||
Income tax expense (benefit) | (3,367 | ) | 17,659 | ||||
Net income attributable to the noncontrolling interests | 5,900 | 6,588 | |||||
Fixed charges, as shown below | 65,882 | 64,161 | |||||
68,415 | 88,408 | ||||||
Subtractions: | |||||||
Equity in earnings of non-consolidated affiliates | 358 | 1,924 | |||||
Earnings as adjusted | $ | 25,922 | $ | 105,664 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 48,001 | 46,841 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 2,402 | 2,018 | |||||
Interest within rent expense | 15,479 | 15,302 | |||||
Total fixed charges | $ | 65,882 | $ | 64,161 | |||
Ratio of earnings to fixed charges | N/A | 1.65 | |||||
Fixed charge deficiency | $ | 39,960 | N/A |