Attached files
| file | filename |
|---|---|
| 10-Q - FORM 10-Q - Stagwell Inc | v318738_10q.htm |
| EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | v318738_ex32-2.htm |
| EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | v318738_ex31-2.htm |
| EX-10.1 - EXHIBIT 10.1 - Stagwell Inc | v318738_ex10-1.htm |
| EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | v318738_ex32-1.htm |
| EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | v318738_ex31-1.htm |
| EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | v318738_ex99-1.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
| Six Months Ended | ||||||||
| June 30, | ||||||||
| 2012 | 2011 | |||||||
| (000’s) | (000’s) | |||||||
| Earnings: | ||||||||
| Loss from continuing operations attributable to MDC Partners Inc. | $ | (44,155 | ) | $ | (6,465 | ) | ||
| Additions: | ||||||||
| Income tax expense | 3,807 | 946 | ||||||
| Noncontrolling interest in income of consolidated subsidiaries | 3,035 | 4,132 | ||||||
| Fixed charges, as shown below | 28,521 | 24,473 | ||||||
| Distributions received from equity-method investees | 166 | 3,967 | ||||||
| 35,529 | 33,518 | |||||||
| Subtractions: | ||||||||
| Equity in income (loss) of investees | 306 | 334 | ||||||
| Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges | — | — | ||||||
| 306 | 334 | |||||||
| Earnings as adjusted | $ | (8,932 | ) | $ | 26,719 | |||
| Fixed charges: | ||||||||
| Interest on indebtedness, expensed or capitalized | 21,697 | 19,072 | ||||||
| Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 1,129 | 1,158 | ||||||
| Interest within rent expense | 5,695 | 4,243 | ||||||
| Total fixed charges | $ | 28,521 | $ | 24,473 | ||||
| Ratio of earnings to fixed charges | N/A | 1.09 | ||||||
| Fixed charge deficiency | $ | 37,453 | N/A | |||||