Attached files
| file | filename |
|---|---|
| 10-Q - Stagwell Inc | v189583_10q.htm |
| EX-3.1 - Stagwell Inc | v189583_ex3-1.htm |
| EX-10.1 - Stagwell Inc | v189583_ex10-1.htm |
| EX-10.3 - Stagwell Inc | v189583_ex10-3.htm |
| EX-10.2.1 - Stagwell Inc | v189583_ex102-1.htm |
| EX-10.2.2 - Stagwell Inc | v189583_ex102-2.htm |
| EX-31.1 - Stagwell Inc | v189583_ex31-1.htm |
| EX-99.1 - Stagwell Inc | v189583_ex99-1.htm |
| EX-31.2 - Stagwell Inc | v189583_ex31-2.htm |
| EX-32.1 - Stagwell Inc | v189583_ex32-1.htm |
| EX-32.2 - Stagwell Inc | v189583_ex32-2.htm |
Exhibit 12
Statement
of Computation of Ratio of Earnings to Fixed Charges
|
Six Months Ended
June 30,
|
||||||||
|
2010
|
2009
|
|||||||
|
(000’s)
|
(000’s)
|
|||||||
|
Earnings:
|
||||||||
|
Income
(loss) from continuing operations attributable to MDC Partners
Inc.
|
$
|
(15,344
|
)
|
$
|
468
|
|||
|
Additions:
|
||||||||
|
Income
tax expense
|
801
|
2,223
|
||||||
|
Noncontrolling
interest in income of consolidated subsidiaries
|
2,954
|
1,365
|
||||||
|
Fixed
charges, as shown below
|
18,182
|
10,245
|
||||||
|
Distributions
received from equity-method investees
|
7
|
—
|
||||||
|
21,944
|
13,833
|
|||||||
|
Subtractions:
|
||||||||
|
Equity
in income (loss) of investees
|
(143
|
)
|
198
|
|||||
|
Noncontrolling
interest in earnings of consolidated subsidiaries that have not incurred
fixed charges
|
—
|
—
|
||||||
|
(143
|
)
|
198
|
||||||
|
Earnings
as adjusted
|
$
|
6,743
|
$
|
14,103
|
||||
|
Fixed
charges:
|
||||||||
|
Interest
on indebtedness, expensed or capitalized
|
14,591
|
6,823
|
||||||
|
Amortization
of debt discount and expense and premium on indebtedness, expensed or
capitalized
|
862
|
661
|
||||||
|
Interest
within rent expense
|
2,729
|
2,761
|
||||||
|
Total
fixed charges
|
$
|
18,182
|
$
|
10,245
|
||||
|
Ratio
of earnings to fixed charges
|
N/A
|
1.38
|
||||||
|
Fixed
charge deficiency
|
11,439
|
N/A
|
||||||