Attached files
file | filename |
---|---|
8-K - CURRENT REPORT - OMNICOM GROUP INC. | e39584_8k.htm |
EX-5.2 - OPINION OF GILBRIDE, TUSA, LAST & SPELLANE LLC - OMNICOM GROUP INC. | e39584ex5-2.htm |
EX-1.1 - UNDERWRITING AGREEMENT - OMNICOM GROUP INC. | e39584ex1_1.htm |
EX-5.1 - OPINION OF JONES DAY - OMNICOM GROUP INC. | e39584ex5-1.htm |
EX-99.1 - PRESS RELEASE - OMNICOM GROUP INC. | ex39584ex99-1.htm |
EXHIBIT 12.1
Computation of Ratio of Earnings to Fixed Charges
(Dollars in millions, except ratios)
For the Six Months Ended |
For the Years Ended December 31,
|
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June 30, 2010 (unaudited) |
2009
|
2008
|
2007
|
2006
|
2005
|
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Earnings as defined: | |||||||||||||||||||
Income before income taxes, as reported | $ |
658.6
|
$ | 1,274.2 | $ | 1,615.1 | $ | 1,585.1 | $ | 1,381.7 | $ | 1,247.2 | |||||||
Add: | Dividends from affiliates |
8.3
|
21.6 | 27.3 | 28.4 | 14.3 | 16.2 | ||||||||||||
Interest expense (a) |
59.8
|
122.2 | 124.6 | 106.9 | 135.1 | 111.4 | |||||||||||||
Interest factor (re: rentals) (b) |
69.7
|
147.5 | 163.6 | 165.0 | 155.2 | 157.6 | |||||||||||||
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|
|
|
|
|
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Total earnings | $ |
796.4
|
$ | 1,565.5 | $ | 1,930.6 | $ | 1,885.4 | $ | 1,686.3 | $ | 1,532.4 | |||||||
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Fixed charges as defined: | |||||||||||||||||||
Interest expense (a) | $ |
59.8
|
$ | 122.2 | $ | 124.6 | $ | 106.9 | 135.1 | $ | 111.4 | ||||||||
Interest factor (re: rentals) (b) |
69.7
|
147.5 | 163.6 | 165.0 | 155.2 | 157.6 | |||||||||||||
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|
|
|
|
|
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Total fixed charges | $ |
129.5
|
$ | 269.7 | $ | 288.2 | $ | 271.9 | 290.3 | $ | 269.0 | ||||||||
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|
|
|
|
|
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Ratio of earnings to fixed charges |
6.15x
|
5.80x | 6.70x | 6.93x | 5.81x | 5.70x |
(a) |
Interest expense includes interest on third-party indebtedness. |
(b) |
The interest factor related to rentals reflects the appropriate portion (one-third) of rental expense representative of an interest factor. |