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,
June 30, 2010
(unaudited)

2009
2008
2007
2006
2005
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  
   
 
 
 
 
 
 
     Total earnings $
796.4
  $ 1,565.5   $ 1,930.6   $ 1,885.4   $ 1,686.3   $ 1,532.4  
   
 
 
 
 
 
 
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  
   
 
 
 
 
 
 
     Total fixed charges $
129.5
  $ 269.7   $ 288.2   $ 271.9     290.3   $ 269.0  
   
 
 
 
 
 
 
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.