Exhibit 12
Ratio of Earnings to Fixed Charges
Omnicom Group, Inc.
Ratio of Earnings to Fixed Charges
1995-2000 ($000s)
<TABLE>
<CAPTION>
Years Ended December 31, :
------------------------------------------------------- Nine Months
1995 1996 1997 1998 Ended
(A) (A) (A) (A) 1999 September 30, 00
-------- -------- --------- --------- -------- ----------------
<S> <C> <C> <C> <C> <C> <C>
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
======== ======== ======== ======== ======== ========
</TABLE>
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(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.
