Attached files
| file | filename |
|---|---|
| 10-Q - Stagwell Inc | v199942_10q.htm |
| EX-4.1 - Stagwell Inc | v199942_ex4-1.htm |
| EX-99.1 - Stagwell Inc | v199942_ex99-1.htm |
| EX-32.1 - Stagwell Inc | v199942_ex32-1.htm |
| EX-10.1 - Stagwell Inc | v199942_ex10-1.htm |
| EX-31.1 - Stagwell Inc | v199942_ex31-1.htm |
| EX-31.2 - Stagwell Inc | v199942_ex31-2.htm |
| EX-32.2 - Stagwell Inc | v199942_ex32-2.htm |
Exhibit 12
Statement
of Computation of Ratio of Earnings to Fixed Charges
|
Nine Months Ended
September 30,
|
||||||||
|
2010
|
2009
|
|||||||
|
(000’s)
|
(000’s)
|
|||||||
|
Earnings:
|
||||||||
|
Income
(loss) from continuing operations attributable to MDC Partners
Inc.
|
$
|
(25,499
|
)
|
$
|
767
|
|||
|
Additions:
|
||||||||
|
Income
tax expense
|
1,208
|
3,589
|
||||||
|
Noncontrolling
interest in income of consolidated subsidiaries
|
4,503
|
3,726
|
||||||
|
Fixed
charges, as shown below
|
28,610
|
15,303
|
||||||
|
Distributions
received from equity-method investees
|
249
|
139
|
||||||
|
34,570
|
22,757
|
|||||||
|
Subtractions:
|
||||||||
|
Equity
in income (loss) of investees
|
(1,639
|
)
|
258
|
|||||
|
Noncontrolling
interest in earnings of consolidated subsidiaries that have not incurred
fixed charges
|
—
|
—
|
||||||
|
(1,639
|
)
|
258
|
||||||
|
Earnings
as adjusted
|
$
|
10,710
|
$
|
23,266
|
||||
|
Fixed
charges:
|
||||||||
|
Interest
on indebtedness, expensed or capitalized
|
22,758
|
10,297
|
||||||
|
Amortization
of debt discount and expense and premium on indebtedness, expensed or
capitalized
|
1,582
|
979
|
||||||
|
Interest
within rent expense
|
4,270
|
4,027
|
||||||
|
Total
fixed charges
|
$
|
28,610
|
$
|
15,303
|
||||
|
Ratio
of earnings to fixed charges
|
N/A
|
1.52
|
||||||
|
Fixed
charge deficiency
|
17,900
|
N/A
|
||||||