Attached files
| file | filename |
|---|---|
| EX-99.1 - EXHIBIT 99.1 - Stagwell Inc | mdca-20180630xexhibit991.htm |
| EX-32.2 - EXHIBIT 32.2 - Stagwell Inc | mdca-20180630xexhibit322.htm |
| EX-32.1 - EXHIBIT 32.1 - Stagwell Inc | mdca-20180630xexhibit321.htm |
| EX-31.2 - EXHIBIT 31.2 - Stagwell Inc | mdca-20180630xexhibit312.htm |
| EX-31.1 - EXHIBIT 31.1 - Stagwell Inc | mdca-20180630xexhibit311.htm |
| 10-Q - 10-Q - Stagwell Inc | mdca-20180630x10q.htm |
Exhibit 12
Statement of Computation of Ratio of Earnings to Fixed Charges
Six Months Ended June 30, | |||||||
2018 | 2017 | ||||||
(000’s) | (000’s) | ||||||
Earnings: | |||||||
Income (loss) attributable to MDC Partners Inc. | $ | (26,010 | ) | $ | 687 | ||
Additions: | |||||||
Income tax expense (benefit) | (6,353 | ) | 8,610 | ||||
Net income attributable to the noncontrolling interests | 3,442 | 3,097 | |||||
Fixed charges, as shown below | 43,883 | 42,555 | |||||
Distributions received from equity-method investments | — | — | |||||
40,972 | 54,262 | ||||||
Subtractions: | |||||||
Equity in earnings of non-consolidated affiliates | 58 | 502 | |||||
Earnings as adjusted | $ | 14,904 | $ | 54,447 | |||
Fixed charges: | |||||||
Interest on indebtedness, expensed or capitalized | 31,644 | 30,976 | |||||
Amortization of debt discount and expense and premium on indebtedness, expensed or capitalized | 1,605 | 1,480 | |||||
Interest within rent expense | 10,634 | 10,099 | |||||
Total fixed charges | $ | 43,883 | $ | 42,555 | |||
Ratio of earnings to fixed charges | N/A | 1.28 | |||||
Fixed charge deficiency | $ | 28,979 | N/A | ||||