Attached files
| file | filename |
|---|---|
| 8-K - Stagwell Inc | v163128_8k.htm |
| EX-99.1 - Stagwell Inc | v163128_ex99-1.htm |
SCHEDULE
1
MDC
PARTNERS INC.
RECONCILIATION
OF OPERATING INCOME TO EBITDA*
(US$
in 000s)
For
the Three Months Ended September 30, 2009
|
Total
|
||||
|
Revenue
|
$ | 134,625 | ||
|
Operating
Income as Reported
|
$ | 10,182 | ||
|
Add:
|
||||
|
Depreciation
and amortization
|
7,514 | |||
|
Stock-based
compensation
|
2,231 | |||
|
EBITDA
*
|
19,927 | |||
|
margin
|
14.8 | % | ||
|
Less: Net
income attributable to noncontrolling interests
|
(2,204 | ) | ||
|
MDC's
Share of EBITDA**
|
$ | 17,723 | ||
|
*
|
EBITDA
is a non-GAAP measure, but as shown above it represents operating income
plus depreciation and amortization,and
stock-based compensation.
|
|
**
|
MDC's
Share of EBITDA is a non-GAAP measure, but as shown above it represents
operating income plus depreciationand
amortization and stock-based compensation less net income attributable to
noncontrolling interests.
|
MDC
PARTNERS INC.
RECONCILIATION
OF OPERATING INCOME TO EBITDA*
(US$
in 000s)
For
the Three Months Ended September 30, 2008
|
Total
|
||||
|
Revenue
|
$ | 142,089 | ||
|
Operating
Income as Reported
|
$ | 8,239 | ||
|
Add:
|
||||
|
Depreciation
and amortization
|
7,428 | |||
|
Stock-based
compensation
|
1,829 | |||
|
EBITDA*
|
17,496 | |||
|
margin
|
12.3 | % | ||
|
Less: Net
income attributable to noncontrolling interests
|
(1,366 | ) | ||
|
MDC's
Share of EBITDA**
|
$ | 16,130 | ||
|
*
|
EBITDA
is a non-GAAP measure, but as shown above it represents operating income
plus depreciation and amortization,and
stock-based compensation.
|
|
**
|
MDC's
Share of EBITDA is a non-GAAP measure, but as shown above it represents
operating income plus depreciationand
amortization and stock-based compensation less net income attributable to
noncontrolling interests.
|
SCHEDULE
2
MDC
PARTNERS INC.
RECONCILIATION
OF OPERATING INCOME TO EBITDA*
(US$
in 000s)
For
the Nine Months Ended September 30, 2009
|
Total
|
||||
|
Revenue
|
$ | 396,246 | ||
|
Operating
Income as Reported
|
$ | 21,165 | ||
|
Add:
|
||||
|
Depreciation
and amortization
|
22,711 | |||
|
Stock-based
compensation
|
6,173 | |||
|
EBITDA
*
|
50,049 | |||
|
Margin
|
12.6 | % | ||
|
Less: Net
income attributable to noncontrolling interests
|
(3,569 | ) | ||
|
MDC's
Share of EBITDA**
|
$ | 46,480 | ||
|
*
|
EBITDA
is a non-GAAP measure, but as shown above it represents operating income
plus depreciation and amortization,and
stock-based compensation.
|
|
**
|
MDC's
Share of EBITDA is a non-GAAP measure, but as shown above it represents
operating income plus depreciationand
amortization and stock-based compensation less net income attributable to
noncontrolling interests.
|
MDC
PARTNERS INC.
RECONCILIATION
OF OPERATING INCOME TO EBITDA*
(US$
in 000s)
For
the Nine Months Ended September 30, 2008
|
Total
|
||||
|
Revenue
|
$ | 439,940 | ||
|
Operating
Income as Reported
|
$ | 18,987 | ||
|
Add:
|
||||
|
Depreciation
and amortization
|
25,789 | |||
|
Stock-based
compensation
|
5,690 | |||
|
EBITDA*
|
50,466 | |||
|
margin
|
11.5 | % | ||
|
Less: Net
income attributable to noncontrolling interests
|
(6,533 | ) | ||
|
MDC's
Share of EBITDA**
|
$ | 43,933 | ||
|
*
|
EBITDA
is a non-GAAP measure, but as shown above it represents operating income
plus depreciation and amortization,and
stock-based compensation.
|
|
**
|
MDC's
Share of EBITDA is a non-GAAP measure, but as shown above it represents
operating income plus depreciationand
amortization and stock-based compensation less net income attributable to
noncontrolling interests.
|
MDC
PARTNERS INC.
FREE
CASH FLOW
(US$
in 000s)
|
Three
Months Ended September 30,
|
Nine
Months Ended September 30,
|
|||||||||||||||
|
2009
|
2008
|
2009
|
2008
|
|||||||||||||
|
MDC
EBITDA
|
$ | 17,723 | $ | 16,130 | $ | 46,480 | $ | 43,933 | ||||||||
|
Capital
Expenditures
|
(1,201 | ) | (1,842 | ) | (3,288 | ) | (10,434 | ) | ||||||||
|
Cash
Taxes
|
(85 | ) | (63 | ) | (487 | ) | (939 | ) | ||||||||
|
Cash
Interest, net & Other
|
(2,620 | ) | (2,163 | ) | (8,204 | ) | (8,856 | ) | ||||||||
|
Free
Cash Flow
|
$ | 13,817 | $ | 12,062 | $ | 34,501 | $ | 23,704 | ||||||||
MDC
PARTNERS INC.
Organic
Growth
(US$
in 000s)
|
Revenue
|
||||||||
|
$
|
%
|
|||||||
|
Quarter
ended September 30, 2008
|
$ | 142,089 | - | |||||
|
Organic
|
(6,251 | ) | -4.4 | % | ||||
|
Foreign
exchange impact
|
(1,213 | ) | -0.9 | % | ||||
|
Quarter
ended September 30, 2009
|
$ | 134,625 | -5.3 | % | ||||
|
Revenue
|
||||||||
|
$
|
%
|
|||||||
|
Nine
months ended September 30, 2008
|
$ | 439,940 | - | |||||
|
Organic
|
(34,719 | ) | -7.9 | % | ||||
|
Foreign
exchange impact
|
(8,975 | ) | -2.0 | % | ||||
|
Nine
months ended September 30, 2009
|
$ | 396,246 | -9.9 | % | ||||