-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JLCAd+IrrGYa3AU3FUhjR5Zt9uIClYGW+fryMYucoDUn19Ck0ctTQU7g1shMmngy Yfaa3lIbrPoth8+c1JD0lQ== 0001144204-09-065399.txt : 20091218 0001144204-09-065399.hdr.sgml : 20091218 20091218154754 ACCESSION NUMBER: 0001144204-09-065399 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20091218 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20091218 DATE AS OF CHANGE: 20091218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MDC PARTNERS INC CENTRAL INDEX KEY: 0000876883 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 980364441 STATE OF INCORPORATION: A6 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13718 FILM NUMBER: 091250147 BUSINESS ADDRESS: STREET 1: 45 HAZELTON AVE CITY: TORONTO STATE: A6 ZIP: M5R 2E3 BUSINESS PHONE: 646 429 1800 MAIL ADDRESS: STREET 1: MDC PARTNERS INC. - LEGAL DEPT. STREET 2: 950 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 FORMER COMPANY: FORMER CONFORMED NAME: MDC CORP INC DATE OF NAME CHANGE: 20001204 FORMER COMPANY: FORMER CONFORMED NAME: MDC COMMUNICATIONS CORP DATE OF NAME CHANGE: 19961028 FORMER COMPANY: FORMER CONFORMED NAME: MDC CORPORATION DATE OF NAME CHANGE: 19950419 8-K 1 v169416_8k.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
 
FORM 8-K
 
Current Report Pursuant to Section 13
of the Securities Exchange Act of 1934
 
Date of Report (Date Earliest Event reported) — December 18, 2009
 
MDC PARTNERS INC.
(Exact name of registrant as specified in its charter)

     
Canada
(Jurisdiction of Incorporation)
001-13718
(Commission File Number)
 
98-0364441
(IRS Employer Identification No.)
 
45 Hazelton Ave., Toronto, Ontario, Canada M5R 2E3
(Address of principal executive offices and zip code)
 
(416) 960-9000
(Registrant’s Telephone Number)
 

 
Check the appropriate box below if the Form 8−K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o
Soliciting material pursuant to Rule 14a−12 under the Exchange Act (17 CFR 240.14a−12)
 
o
Pre−commencement communications pursuant to Rule 14d−2(b) under the Exchange Act (17 CFR 240.14d−2(b))
 
o
Pre−commencement communications pursuant to Rule 13e−4(c) under the Exchange Act (17 CFR 240.13e− 4(c))
 

 
Item 7.01. Regulation FD Disclosure.
 
On December 18, 2009, MDC Partners Inc. (the “Company”) posted the supplemental financial information attached as Exhibit 99.1 on its web site (www.mdc-partners.com). Summary financial information concerning the Company's reclassified reportable segments is shown in the tables set forth in Exhibit 99.1. This is supplemental to the financial information disclosed in the Company’s previously filed Form 8-k on December 10, 2009.
 
The foregoing information (including the exhibits hereto) is being furnished under “Item 7.01. Regulation FD Disclosure.”  Such information (including the exhibits hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
 
Item 9.01. Financial Statements and Exhibits.
 
(c) Exhibits.
 
99.1
Supplemental Financial Information.
 

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed by the undersigned hereunto duly authorized.

       
Date:  December 18, 2009
 
MDC Partners Inc.
       
   
By:
/s/ Mitchell Gendel
Mitchell Gendel,
General Counsel & Corporate Secretary
       
 

EX-99.1 2 v169416_ex99-1.htm
 
For the Year Ended December 31, 2008
(thousands of United States dollars)

  
 
Strategic
Marketing
Services
   
Performance
Marketing
Services Group
 
Corporate
 
Total
 
Revenue
 
$
363,580
     
$
221,068
   
$
   
$
584,648
   
                                     
Cost of services sold
   
226,699
       
165,446
     
     
392,145
   
                                     
Office and general expenses
   
84,408
       
35,725
     
17,622
     
137,755
   
                                     
Depreciation and amortization
   
24,814
       
9,189
     
401
     
34,404
   
                                     
Operating Profit (Loss)
 
$
27,659
     
$
10,708
   
$
(18,023
)   
   
20,344
   
                                     
Other Income (Expense):
   
  
       
  
     
  
     
  
   
       Other expense, net
   
  
       
  
     
  
     
(14
)   
 
       Foreign exchange gain
   
  
       
  
     
  
     
13,257
   
       Interest expense, net
                             
(13,255
)   
 
                                     
Income from continuing operations before income taxes, equity in affiliates
   
  
       
  
     
  
     
 
20,332
   
Income tax expense
                             
(2,397
)   
 
                                     
Income from continuing operations before equity in affiliates
   
  
       
  
     
  
     
17,935
   
Equity in earnings of non-consolidated affiliates
   
  
       
  
     
  
     
349
   
                                     
Income from continuing operations
   
  
       
  
     
  
     
18,284
   
                                     
Loss from discontinued operations attributable to MDC Partners Inc., net of taxes
                             
 
(10,015
 
)   
 
                                     
Net Income
                             
8,269
   
Net income attributable to the noncontrolling interests
 
$
(5,302
)
   
$
(2,834
)
 
$
     
(8,136
)
 
Net income attributable to MDC Partners Inc.
                           
$
133
   
                                     
Stock-based compensation from continuing operations
 
$
6,162
     
$
3,697
   
$
4,578
   
$
14,437
   
Capital expenditures from continuing operations
 
$
9,192
     
$
5,094
   
$
109
   
$
14,395
   
Goodwill intangibles
 
$
224,793
     
$
60,273
   
$
   
$
285,066
   
Total assets
 
$
358,834
     
$
132,609
   
$
37,796
   
$
529,239
   
 


For the Year Ended December 31, 2007
(thousands of United States dollars)
     
  
 
Strategic
Marketing
Services
   
Performance
Marketing
Services Group
 
Corporate
 
Total
 
Revenue
 
$
338,524
     
$
195,359
   
$
   
$
533,883
   
                                     
Cost of services sold
   
201,172
       
142,125
     
     
343,297
   
                                     
Office and general expenses
   
83,644
       
32,442
     
22,148
     
138,234
   
                                     
Depreciation and amortization
   
21,045
       
7,672
     
258
     
28,975
   
                                     
Operating Profit (Loss)
 
$
32,663
     
$
13,120
   
$
(22,406
)   
   
23,377
   
                                     
Other Income (Expense):
   
  
       
  
     
  
     
  
   
       Other income, net
   
  
       
  
     
  
     
3,165
   
       Foreign exchange loss
   
  
       
  
     
  
     
(7,192
)   
 
       Interest expense, net
                             
(11,099
)   
 
                                     
Income from continuing operations before
income taxes, equity in affiliates
   
  
       
  
     
  
     
 
8,251
   
Income tax expense
                             
(6,081
)   
 
                                     
Income from continuing operations before equity in affiliates
   
  
       
  
     
  
     
2,170
   
Equity in earnings of non-consolidated affiliates
   
  
       
  
     
  
     
165
   
                                     
Income from continuing operations
   
  
       
  
     
  
     
2,335
   
 
                                     
Loss from discontinued operations attributable to MDC Partners Inc., net of taxes
                             
 
(8,173
 
)   
 
Net loss
                             
(5,838
)
 
Net income attributable to the noncontrolling
interests
 
$
(17,457
)
   
$
(3,060
)
 
$
     
(20,517
)
 
Net loss attributable to MDC Partners Inc.
                           
$
(26,355
)
 
Stock-based compensation from continuing operations
 
$
5,199
     
$
575
   
$
4,443
   
$
10,217
   
Capital expenditures from continuing operations
 
$
10,267
     
 $
8,976
   
 $
210
   
 $
19,453
   
Goodwill and intangibles
 
$
212,393
     
$
60,732
   
$
   
$
273,125
   
Total assets
 
$
359,489
     
$
152,134
   
$
9,075
   
$
520,698
   
 


-----END PRIVACY-ENHANCED MESSAGE-----