EX-12 8 0008.txt RATIO OF EARNINGS Exhibit 12 Ratio of Earnings to Fixed Charges Omnicom Group, Inc. Ratio of Earnings to Fixed Charges 1995-2000 ($000s)
Years Ended December 31, : ------------------------------------------------------- Nine Months 1995 1996 1997 1998 Ended (A) (A) (A) (A) 1999 September 30, 00 -------- -------- --------- --------- -------- ---------------- Earning as defined: Profit before tax as reported $244,739 $299,312 $390,578 $521,797 $673,708 $658,789 Add: Dividends from affiliates 15,303 18,085 14,901 19,353 10,485 6,006 Interest expense 44,267 35,158 44,783 74,482 84,908 79,007 Interest factor (re: rentals) (B) 57,793 68,544 80,890 103,829 113,861 98,738 -------- -------- -------- -------- -------- -------- Total earnings $362,102 $421,099 $531,152 $719,461 $882,962 $842,540 ======== ======== ======== ======== ======== ======== Fixed charges as defined: Interest expense 44,267 35,158 44,783 74,482 84,908 79,007 Interest factor (re: rentals) (B) 57,793 68,544 80,890 103,829 113,861 98,738 -------- -------- -------- -------- -------- -------- Total fixed charges $102,060 $103,702 $125,673 $178,311 $198,769 $177,745 ======== ======== ======== ======== ======== ======== Ratio of earnings to fixed charges 3.55 4.06 4.23 4.03 4.44 4.74 ======== ======== ======== ======== ======== ========
-------- (A) All information prior to 1999 has been restated to give effect to the accounting for the acquisition of Abbott Mead Vickers Group Limited in February 1999 under the pooling of interests method of accounting, as discussed in note 6 of the company's 1999 Form 10-K. (B) The interest factor related to rentals reflects the appropriate portion of rental expense representative of an interest factor.