Stagwell Inc - FORM 10-K - EX-12 - EXHIBIT 12 - March 1, 2018

Attached files

file filename
EX-32.2 - EXHIBIT 32.2 - Stagwell Incmdca-20171231xex322_.htm
EX-32.1 - EXHIBIT 32.1 - Stagwell Incmdca-20171231xex321_.htm
EX-31.2 - EXHIBIT 31.2 - Stagwell Incmdca-20171231xex312_.htm
EX-31.1 - EXHIBIT 31.1 - Stagwell Incmdca-20171231xex311_.htm
EX-23 - EXHIBIT 23 - Stagwell Incmdca-20171231xex23_.htm
EX-21 - EXHIBIT 21 - Stagwell Incmdca-20171231xex21_.htm
EX-10.9 - EXHIBIT 10.9 - Stagwell Incmdca-20171231xex109.htm
10-K - 10-K - Stagwell Incmdca-20171231x10k.htm
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges


 
Twelve Months Ended December 31,
 
2017
 
2016
 
2015
 
2014
 
2013
Earnings:
 
 
 
 
 
 
 
 
 
Income (Loss) from continuing operations attributable to MDC Partners Inc.
$
205,594

 
$
(45,839
)
 
$
(29,173
)
 
$
(2,797
)
 
$
(139,663
)
Additions:
 
 
 
 
 
 
 
 
 
Income taxes (recovery)
(168,064
)
 
(9,404
)
 
3,761

 
12,422

 
(4,367
)
Noncontrolling interest in earnings of consolidated subsidiaries
15,375

 
5,218

 
9,054

 
6,890

 
6,461

Fixed charges, as shown below
85,552

 
117,055

 
73,184

 
69,001

 
113,188

Distributions received from equity-method investees
1,167

 
123

 
652

 
726

 
3,096

 
(65,970
)
 
112,992

 
86,651

 
89,039

 
118,378

Subtractions:
 
 
 
 
 
 
 
 
 
Equity in income (loss) of nonconsolidated affiliates
2,081

 
(309
)
 
1,058

 
1,406

 
281

Noncontrolling interest in earnings of consolidated subsidiaries that have not incurred fixed charges
—

 
—

 
—

 
—

 
—

 
2,081

 
(309
)
 
1,058

 
1,406

 
281

Earnings (loss) as adjusted
173,797

 
67,462

 
56,420

 
84,836

 
(21,566
)
Fixed charges:
 
 
 
 
 
 
 
 
 
Interest on indebtedness, expensed or capitalized
68,145

 
90,021

 
55,633

 
53,018

 
92,936

Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized
3,022

 
9,135

 
2,270

 
2,247

 
7,762

Interest within rent expense
20,429

 
17,899

 
15,281

 
13,736

 
12,490

Total fixed charges
$
85,552

 
$
117,055

 
$
73,184

 
$
69,001

 
$
113,188

Ratio of earnings to fixed charges
2.03

 
N/A

 
N/A

 
1.23

 
N/A

Dollar amount deficiency
N/A

 
$
49,593

 
$
16,764

 
N/A

 
$
134,754






Stock widget

Investing forum

Stagwell Inc Reports