Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - OMNICOM GROUP INC. | a2018q110-q.htm |
| EX-32 - CERTIFICATION - OMNICOM GROUP INC. | a2018q1exhibit32.htm |
| EX-31.2 - CERTIFICATION - OMNICOM GROUP INC. | a2018q1exhibit312.htm |
| EX-31.1 - CERTIFICATION - OMNICOM GROUP INC. | a2018q1exhibit311.htm |
EXHIBIT 12
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratios)
(Unaudited)
For the Three Months Ended March 31, 2018 | |||
Earnings: | |||
Income before income taxes | $ | 374.8 | |
Add: Dividends from equity method investments | 1.3 | ||
Fixed charges | 84.6 | ||
Total earnings | $ | 460.7 | |
Fixed charges: | |||
Interest expense (a) | $ | 56.1 | |
Rent expense interest factor (b) | 28.5 | ||
Total fixed charges | $ | 84.6 | |
Ratio of earnings to fixed charges | 5.45x | ||
___________________
(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. |