Attached files
| file | filename |
|---|---|
| EX-32.1 - Stagwell Inc | v212032_ex32-1.htm |
| EX-31.2 - Stagwell Inc | v212032_ex31-2.htm |
| EX-23 - Stagwell Inc | v212032_ex23.htm |
| EX-21 - Stagwell Inc | v212032_ex21.htm |
| EX-32.2 - Stagwell Inc | v212032_ex32-2.htm |
| EX-10.18.2 - Stagwell Inc | v212032_ex10-18x2.htm |
| EX-10.2.4 - Stagwell Inc | v212032_ex10-2x4.htm |
| EX-10.2.3 - Stagwell Inc | v212032_ex10-2x3.htm |
| EX-10.12.10 - Stagwell Inc | v212032_ex10-12x10.htm |
| EX-10.17.2 - Stagwell Inc | v212032_ex10-17x2.htm |
| EX-10.17.1 - Stagwell Inc | v212032_ex10-17x1.htm |
| EX-10.12.9 - Stagwell Inc | v212032_ex10-12x9.htm |
| EX-10.18.1 - Stagwell Inc | v212032_ex10-18x1.htm |
| 10-K - Stagwell Inc | v212032_10k.htm |
| EX-31.1 - Stagwell Inc | v212032_ex31-1.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
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Twelve Months Ended
December 31,
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2010
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2009
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2008
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2007
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2006
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Earnings:
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Income (Loss) from continuing operations attributable to MDC Partners Inc.
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$ | (12,946 | ) | $ | (16,805 | ) | $ | 10,338 | $ | (18,007 | ) | $ | (8,244 | ) | ||||||
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Additions:
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Income taxes (recovery)
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(165 | ) | 8,536 | 2,397 | 6,081 | 7,332 | ||||||||||||||
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Noncontrolling interest in earnings of consolidated subsidiaries
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10,074 | 5,566 | 8,300 | 20,474 | 16,715 | |||||||||||||||
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Fixed charges, as shown below
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39,506 | 27,413 | 20,549 | 19,018 | 15,993 | |||||||||||||||
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Distributions received from equity-method investees
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638 | 198 | 440 | — | 940 | |||||||||||||||
| 50,053 | 41,713 | 31,686 | 45,573 | 40,980 | ||||||||||||||||
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Subtractions:
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Equity in income (loss) of investees
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866 | (8 | ) | 349 | 165 | 168 | ||||||||||||||
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Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges
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— | — | — | — | — | |||||||||||||||
| 866 | (8 | ) | 349 | 165 | 168 | |||||||||||||||
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Earnings as adjusted
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36,241 | 24,916 | 41,675 | 27,401 | 32,568 | |||||||||||||||
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Fixed charges:
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Interest on indebtedness, expensed or capitalized
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31,351 | 18,057 | 13,650 | 11,471 | 9,077 | |||||||||||||||
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Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized
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2,136 | 4,041 | 1,348 | 2,330 | 2,213 | |||||||||||||||
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Interest within rent expense
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6,019 | 5,315 | 5,551 | 5,217 | 4,703 | |||||||||||||||
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Total fixed charges
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$ | 39,506 | $ | 27,413 | $ | 20,549 | 19,018 | 15,993 | ||||||||||||
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Ratio of earnings to fixed charges
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N/A | N/A | 2.03 | 1.44 | 2.04 | |||||||||||||||
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Dollar amount deficiency
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$ | 3,265 | 2,497 | N/A | N/A | N/A | ||||||||||||||