Attached files
file | filename |
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EXCEL - IDEA: XBRL DOCUMENT - Stagwell Inc | Financial_Report.xls |
EX-4.1 - EXHIBIT 4.1 - Stagwell Inc | v310655_ex4-1.htm |
EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | v310655_ex99-1.htm |
EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | v310655_ex32-2.htm |
EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | v310655_ex31-2.htm |
EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | v310655_ex31-1.htm |
EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | v310655_ex32-1.htm |
EX-10.2 - EXHIBIT 10.2 - Stagwell Inc | v310655_ex10-2.htm |
10-Q - FORM 10-Q - Stagwell Inc | v310655_10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Three Months Ended March 31, |
||||||||
2012 | 2011 | |||||||
(000’s) | (000’s) | |||||||
Earnings: | ||||||||
Loss from continuing operations attributable to MDC Partners Inc. | $ | (25,981 | ) | $ | (8,359 | ) | ||
Additions: | ||||||||
Income tax expense | 1,263 | 358 | ||||||
Noncontrolling interest in income of consolidated subsidiaries | 1,357 | 1,605 | ||||||
Fixed charges, as shown below | 13,582 | 11,686 | ||||||
Distributions received from equity-method investees | — | 3,783 | ||||||
16,202 | 17,432 | |||||||
Subtractions: | ||||||||
Equity in income (loss) of investees | 272 | 255 | ||||||
Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges | — | — | ||||||
272 | 255 | |||||||
Earnings as adjusted | $ | (10,051 | ) | $ | 8,818 | |||
Fixed charges: | ||||||||
Interest on indebtedness, expensed or capitalized | 10,437 | 8,927 | ||||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 559 | 637 | ||||||
Interest within rent expense | 2,586 | 2,122 | ||||||
Total fixed charges | $ | 13,582 | $ | 11,686 | ||||
Ratio of earnings to fixed charges | N/A | N/A | ||||||
Fixed charge deficiency | $ | 23,633 | $ | 2,868 |