Stagwell Inc - FORM 10-Q - EX-12 - EXHIBIT 12 - November 3, 2015

Attached files

file filename
EX-31.1 - EXHIBIT 31.1 - Stagwell Incmdca-20150930xexhibit311.htm
EX-32.2 - EXHIBIT 32.2 - Stagwell Incmdca-20150930xexhibit322.htm
EX-31.2 - EXHIBIT 31.2 - Stagwell Incmdca-20150930xexhibit312.htm
EX-99.1 - EXHIBIT 99.1 - Stagwell Incmdca-20150930xexhibit991.htm
EX-32.1 - EXHIBIT 32.1 - Stagwell Incmdca-20150930xexhibit321.htm
10-Q - 10-Q - Stagwell Incmdca-20150930x10q.htm


Exhibit 12
 
Statement of Computation of Ratio of Earnings to Fixed Charges
 

Nine Months Ended September 30,
 
2015

2014
 
(000’s)

(000’s)
Earnings:
 

 
 

Income from continuing operations attributable to MDC Partners Inc.
$
(4,854
)

$
5,678

Additions:
 

 
 

Income expense
(566
)

2,764

Noncontrolling interest in income of consolidated subsidiaries
7,343


4,796

Fixed charges, as shown below
54,337


50,729

Distributions received from equity-method investees
71


8

 
61,185


58,297

Subtractions:
 

 
 

Equity in income of investees
627


223


 
 
 
Earnings as adjusted
$
55,704


$
63,752

Fixed charges:
 

 
 

Interest on indebtedness, expensed or capitalized
41,320


38,959

Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized
1,702


1,704

Interest within rent expense
11,315


10,066

Total fixed charges
$
54,337


$
50,729

Ratio of earnings to fixed charges
1.03


1.26

Fixed charge deficiency
N/A


N/A



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