Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20170331xexhibit311.htm |
| EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20170331xexhibit991.htm |
| EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20170331xexhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20170331xexhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20170331xexhibit312.htm |
| 10-Q - 10-Q - Stagwell Inc | mdca-20170331x10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Three Months Ended March 31, | |||||||
2017 | 2016 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Loss from continuing operations attributable to MDC Partners Inc. | $ | (10,566 | ) | $ | (23,293 | ) | |
Additions: | |||||||
Income tax expense (benefit) | 3,969 | (1,972 | ) | ||||
Net income attributable to the noncontrolling interests | 883 | 859 | |||||
Fixed charges, as shown below | 21,737 | 52,767 | |||||
Distributions received from equity-method investments | — | — | |||||
26,589 | 51,654 | ||||||
Subtractions: | |||||||
Equity in earnings (losses) of non-consolidated affiliates | (139 | ) | 229 | ||||
Earnings as adjusted | $ | 16,162 | $ | 28,132 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 16,026 | 41,852 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 742 | 7,021 | |||||
Interest within rent expense | 4,969 | 3,894 | |||||
Total fixed charges | $ | 21,737 | $ | 52,767 | |||
Ratio of earnings to fixed charges | N/A | N/A | |||||
Fixed charge deficiency | $ | 5,575 | $ | 24,635 | |||