Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - OMNICOM GROUP INC. | Financial_Report.xls |
| 10-K - 10-K - OMNICOM GROUP INC. | a201410-k.htm |
| EX-32 - CERTIFICATION - OMNICOM GROUP INC. | a2014q410-kexhibit32.htm |
| EX-23 - CONSENT - OMNICOM GROUP INC. | a2014q410-kexhibit23.htm |
| EX-21 - SUSIDIARIES - OMNICOM GROUP INC. | a2014q410-kexhibit21.htm |
| EX-31.2 - CERTIFICATION - OMNICOM GROUP INC. | a2014q410-kexhibit312.htm |
| EX-31.1 - CERTIFICATION - OMNICOM GROUP INC. | a2014q410-kexhibit311.htm |
| EX-10.23 - EXHIBIT 10.23 - OMNICOM GROUP INC. | a2014q410-kexhibit1023.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratios)
For the Years Ended December 31, | |||||||||||||||||||
2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
Earnings: | |||||||||||||||||||
Income before income taxes | $ | 1,810.0 | $ | 1,660.9 | $ | 1,659.6 | $ | 1,549.0 | $ | 1,350.4 | |||||||||
Add: Dividends from equity method investments | 12.6 | 17.2 | 13.4 | 19.4 | 26.3 | ||||||||||||||
Fixed charges | 307.1 | 331.3 | 318.3 | 294.9 | 269.0 | ||||||||||||||
Total earnings | $ | 2,129.7 | $ | 2,009.4 | $ | 1,991.3 | $ | 1,863.3 | $ | 1,645.7 | |||||||||
Fixed charges: | |||||||||||||||||||
Interest expense (a) | $ | 177.2 | $ | 197.2 | $ | 179.7 | $ | 158.1 | $ | 134.7 | |||||||||
Rent expense interest factor (b) | 129.9 | 134.1 | 138.6 | 136.8 | 134.3 | ||||||||||||||
Total fixed charges | $ | 307.1 | $ | 331.3 | $ | 318.3 | $ | 294.9 | $ | 269.0 | |||||||||
Ratio of earnings to fixed charges | 6.93x | 6.07x | 6.26x | 6.32x | 6.12x | ||||||||||||||
__________
(a) | Interest expense includes interest on third-party indebtedness. |
(b) | The rent expense interest factor reflects an appropriate portion (one-third) of rent expense representative of interest. |