EX-12 3 ex12-1forms4a1.txt EXHIBIT 12.1 EXHIBIT 12.1 THE INTERPUBLIC GROUP OF COMPANIES, INC. CALCULATION OF RATIO OF EARNINGS TO FIXED CHARGES (IN THOUSANDS, EXCEPT RATIOS)
9 MONTHS 9 MONTHS 2000 1999 1998 1997 1996 2001 2000 ---- ---- ---- ---- ---- ---- ---- EARNINGS Pre-Tax Income from continuing operations..................... $826,441 $671,955 $695,805 $390,235 $438,913 $(736,315) $564,582 -------- -------- -------- -------- -------- --------- -------- FIXED CHARGES Interest expensed............... 126,322 99,469 86,538 79,998 69,327 125,800 86,976 Rent interest factor............ 143,101 128,415 115,932 96,189 85,659 120,776 106,295 -------- -------- -------- -------- -------- --------- -------- Total Fixed Charges............. 269,423 227,884 202,470 176,187 154,986 246,576 193,271 ======== ======== ======== ======== ======== ========= ======== Adjusted Earnings............... $1,095,864 $899,839 $898,275 $566,422 $593,899 $(489,739) $757,852 Ratio of Earnings to Fixed Charges......................... 4.07x 3.95x 4.44x 3.21x 3.83x ---(1) 3.92x ------------------------
(1) For the nine months ended September 30, 2001, the deficiency of earnings to fixed charges was $736, 315.