Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - Stagwell Inc | Financial_Report.xls |
| EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20140930xexhibit322.htm |
| EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20140930xexhibit312.htm |
| EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20140930xexhibit991.htm |
| EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20140930xexhibit311.htm |
| 10-Q - 10-Q - Stagwell Inc | mdca-20140930x10q.htm |
| EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20140930xexhibit321.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Nine Months Ended September 30, 2014 | |||||||
2014 | 2013 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Income (loss) from continuing operations attributable to MDC Partners Inc. | $ | 3,000 | $ | (43,651 | ) | ||
Additions: | |||||||
Income expense (benefit) | 2,781 | (8,189 | ) | ||||
Noncontrolling interest in income of consolidated subsidiaries | 4,796 | 4,407 | |||||
Fixed charges, as shown below | 51,075 | 98,666 | |||||
Distributions received from equity-method investees | 8 | 3,096 | |||||
58,660 | 97,980 | ||||||
Subtractions: | |||||||
Equity in income of investees | 223 | 196 | |||||
Earnings as adjusted | $ | 61,437 | $ | 54,133 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 38,951 | 81,935 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 1,704 | 7,045 | |||||
Interest within rent expense | 10,420 | 9,686 | |||||
Total fixed charges | $ | 51,075 | $ | 98,666 | |||
Ratio of earnings to fixed charges | 1.20 | N/A | |||||
Fixed charge deficiency | N/A | $ | 44,533 | ||||