Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT - Stagwell Inc | mdca-20140630xexhibit311.htm |
| EX-31.2 - EXHIBIT - Stagwell Inc | mdca-20140630xexhibit312.htm |
| EX-10.3 - EXHIBIT - Stagwell Inc | mdca-20140630xexhibit103.htm |
| EX-99.1 - EXHIBIT - Stagwell Inc | mdca-20140630xexhibit991.htm |
| EX-32.2 - EXHIBIT - Stagwell Inc | mdca-20140630xexhibit322.htm |
| EX-32.1 - EXHIBIT - Stagwell Inc | mdca-20140630xexhibit321.htm |
| EXCEL - IDEA: XBRL DOCUMENT - Stagwell Inc | Financial_Report.xls |
| 10-Q - 10-Q - Stagwell Inc | mdca-20140630x10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Six Months Ended June 30, 2014 | |||||||
2014 | 2013 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Income (loss) from continuing operations attributable to MDC Partners Inc. | $ | 7,882 | $ | (29,839 | ) | ||
Additions: | |||||||
Income expense (benefit) | 3,044 | (12,523 | ) | ||||
Noncontrolling interest in income of consolidated subsidiaries | 3,111 | 2,496 | |||||
Fixed charges, as shown below | 33,475 | 84,771 | |||||
Distributions received from equity-method investees | 8 | 3,096 | |||||
39,638 | 77,840 | ||||||
Subtractions: | |||||||
Equity in income of investees | 142 | 123 | |||||
Earnings as adjusted | $ | 47,378 | $ | 47,878 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 25,491 | 72,088 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 1,145 | 6,303 | |||||
Interest within rent expense | 6,839 | 6,380 | |||||
Total fixed charges | $ | 33,475 | $ | 84,771 | |||
Ratio of earnings to fixed charges | 1.42 | N/A | |||||
Fixed charge deficiency | N/A | $ | 36,893 | ||||