Subsidiary Guarantors

The following tables present unaudited condensed consolidating financial information for (a) the Company (for purposes of this discussion and these tables, “Parent Guarantor”); (b) Mylan Inc., the issuer of certain Senior Notes (for the purposes of this discussion and these tables, the “Issuer”) (Refer to Note 12 Debt for further discussion of the Senior Note issuances); and (c) all other subsidiaries of the Parent Guarantor on a combined basis, none of which guaranteed the Cash Convertible Notes or guarantee the Senior Notes (“Non-Guarantor Subsidiaries”). The consolidating adjustments primarily relate to eliminations of investments in subsidiaries and intercompany balances and transactions. The unaudited condensed consolidating financial statements present investments in subsidiaries using the equity method of accounting. Mylan Inc. is an indirect wholly owned subsidiary of the Company and the Company fully and unconditionally guaranteed on a senior unsecured basis the Senior Notes issued by Mylan Inc.

In addition, the Company’s 3.000% Senior Notes due December 2018 and the 3.750% Senior Notes due December 2020 (collectively, the “December 2015 Senior Notes”) and June 2016 Senior Notes are guaranteed on a senior unsecured basis by Mylan Inc. In connection with the offering of the December 2015 Senior Notes and June 2016 Senior Notes, the Company entered into separate registration rights agreements pursuant to which the Company and Mylan Inc. will use commercially reasonable efforts to file a registration statement with respect to an offer to exchange each series of the December 2015 Senior Notes and June 2016 Senior Notes for new notes with the same aggregate principal amount and terms substantially identical in all material respects and to cause the exchange offer registration statement to be declared effective by the SEC and to consummate the exchange offer not later than 365 days following the respective dates of issuance of the December 2015 Senior Notes and the June 2016 Senior Notes.

The following financial information presents the related unaudited Condensed Consolidating Statements of Operations for the three and nine months ended September 30, 2016 and 2015, the unaudited Condensed Consolidating Statements of Comprehensive Earnings for the three and nine months ended September 30, 2016 and 2015, the unaudited Condensed Consolidating Balance Sheets as of September 30, 2016 and December 31, 2015 and the unaudited Condensed Consolidating Statements of Cash Flows for the nine months ended September 30, 2016 and 2015. This unaudited condensed consolidating financial information has been prepared and presented in accordance with SEC Regulation S-X Rule 3-10 “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.”

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Three Months Ended September 30, 2016



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—		$	—	$	3,029.5		$	—		$	3,029.5
Other revenues	—			—			—		27.6			—			27.6
Total revenues	—			—			—		3,057.1			—			3,057.1
Cost of sales	—			—			—		1,773.8			—			1,773.8
Gross profit	—			—			—		1,283.3			—			1,283.3
Operating expenses:
Research and development	—			—			—		199.1			—			199.1
Selling, general and administrative	43.1			134.0			—		479.8			—			656.9
Litigation settlements and other contingencies, net	—			—			—		558.0			—			558.0
Total operating expenses	43.1			134.0			—		1,236.9			—			1,414.0
(Losses) earnings from operations	(43.1		)	(134.0		)	—		46.4			—			(130.7		)
Interest expense	70.7			40.9			—		32.8			—			144.4
Other (income) expense, net	(31.4		)	(102.7		)	—		184.3			—			50.2
(Loss) earnings before income taxes	(82.4		)	(72.2		)	—		(170.7		)	—			(325.3		)
Income tax provision (benefit)	—			8.1			—		(213.6		)	—			(205.5		)
Earnings (loss) of equity interest subsidiaries	(37.4		)	442.9			—		—			(405.5		)	—
Net (loss) earnings attributable to Mylan N.V. ordinary shareholders	$	(119.8	)	$	362.6		$	—	$	42.9		$	(405.5	)	$	(119.8	)

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Nine Months Ended September 30, 2016



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—		$	—	$	7,745.5		$	—		$	7,745.5
Other revenues	—			—			—		63.6			—			63.6
Total revenues	—			—			—		7,809.1			—			7,809.1
Cost of sales	—			—			—		4,447.1			—			4,447.1
Gross profit	—			—			—		3,362.0			—			3,362.0
Operating expenses:
Research and development	—			—			—		632.2			—			632.2
Selling, general and administrative	75.8			499.2			—		1,212.6			—			1,787.6
Litigation settlements and other contingencies, net	—			—			—		556.4			—			556.4
Total operating expenses	75.8			499.2			—		2,401.2			—			2,976.2
(Loss) earnings from operations	(75.8		)	(499.2		)	—		960.8			—			385.8
Interest expense	115.1			126.3			—		63.6			—			305.0
Other expense (income), net	53.6			(305.7		)	—		436.1			—			184.0
(Loss) earnings before income taxes	(244.5		)	(319.8		)	—		461.1			—			(103.2		)
Income tax provision (benefit)	—			22.1			—		(187.8		)	—			(165.7		)
Earnings of equity interest subsidiaries	307.0			1,055.7			—		—			(1,362.7		)	—
Net earnings attributable to Mylan N.V. ordinary shareholders	$	62.5		$	713.8		$	—	$	648.9		$	(1,362.7	)	$	62.5

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Three Months Ended September 30, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—		$	—	$	2,676.2	$	—		$	2,676.2
Other revenues	—			—			—		19.0		—			19.0
Total revenues	—			—			—		2,695.2		—			2,695.2
Cost of sales	—			—			—		1,379.9		—			1,379.9
Gross profit	—			—			—		1,315.3		—			1,315.3
Operating expenses:
Research and development	—			—			—		174.8		—			174.8
Selling, general and administrative	—			193.9			—		343.2		—			537.1
Litigation settlements and other contingencies, net	—			—			—		2.3		—			2.3
Total operating expenses	—			193.9			—		520.3		—			714.2
(Losses) earnings from operations	—			(193.9		)	—		795.0		—			601.1
Interest expense	30.4			49.4			—		15.3		—			95.1
Other expense, net	—			—			—		50.9		—			50.9
Earnings from operations	(30.4		)	(243.3		)	—		728.8		—			455.1
Income tax (benefit) provision	—			(46.4		)	—		72.9		—			26.5
Earnings of equity interest subsidiaries	459.0			643.0			—		—		(1,102.0		)	—
Net earnings	428.6			446.1			—		655.9		(1,102.0		)	428.6
Net earnings attributable to noncontrolling interest	—			—			—		—		—			—
Net earnings attributable to Mylan N.V. ordinary shareholders	$	428.6		$	446.1		$	—	$	655.9	$	(1,102.0	)	$	428.6

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Nine Months Ended September 30, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—		$	—	$	6,887.8		$	—		$	6,887.8
Other revenues	—			—			—		50.8			—			50.8
Total revenues	—			—			—		6,938.6			—			6,938.6
Cost of sales	—			—			—		3,785.1			—			3,785.1
Gross profit	—			—			—		3,153.5			—			3,153.5
Operating expenses:
Research and development	—			—			—		512.9			—			512.9
Selling, general and administrative	—			611.0			—		973.5			—			1,584.5
Litigation settlements and other contingencies, net	—			—			—		19.1			—			19.1
Total operating expenses	—			611.0			—		1,505.5			—			2,116.5
(Losses) earnings from operations	—			(611.0		)	—		1,648.0			—			1,037.0
Interest expense	42.3			179.7			—		46.5			—			268.5
Other expense, net	—			—			—		71.4			—			71.4
(Loss) earnings before income taxes	(42.3		)	(790.7		)	—		1,530.1			—			697.1
Income tax (benefit) provision	—			(88.2		)	—		132.2			—			44.0
Earnings of equity interest subsidiaries	695.4			1,391.3			—		—			(2,086.7		)	—
Net earnings	653.1			688.8			—		1,397.9			(2,086.7		)	653.1
Net earnings attributable to noncontrolling interest	(0.1		)	—			—		(0.1		)	0.1			(0.1		)
Net earnings attributable to Mylan N.V. ordinary shareholders	$	653.0		$	688.8		$	—	$	1,397.8		$	(2,086.6	)	$	653.0

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Three Months Ended September 30, 2016



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (loss) earnings	$	(119.8	)	$	362.6	$	—	$	42.9		$	(405.5	)	$	(119.8	)
Other comprehensive earnings (loss), before tax:
Foreign currency translation adjustment	290.6			1.5		—		289.0			(290.5		)	290.6
Change in unrecognized gain (loss) and prior service cost related to defined benefit plans	0.1			0.2		—		(0.1		)	(0.1		)	0.1
Net unrecognized gain on derivatives in cash flow hedging relationships	22.8			2.3		—		20.5			(22.8		)	22.8
Net unrecognized loss on derivatives in net investment hedging relationships	(10.4		)	—		—		(10.4		)	10.4			(10.4		)
Net unrealized gain (loss) on marketable securities	21.5			21.5		—		(0.1		)	(21.4		)	21.5
Other comprehensive earnings (loss), before tax	324.6			25.5		—		298.9			(324.4		)	324.6
Income tax provision	13.7			8.7		—		3.9			(12.6		)	13.7
Other comprehensive earnings, net of tax	310.9			16.8		—		295.0			(311.8		)	310.9
Comprehensive (loss) earnings	191.1			379.4		—		337.9			(717.3		)	191.1
Comprehensive earnings attributable to the noncontrolling interest	—			—		—		—			—			—
Comprehensive earnings (loss) attributable to Mylan N.V. ordinary shareholders	$	191.1		$	379.4	$	—	$	337.9		$	(717.3	)	$	191.1

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Nine Months Ended September 30, 2016



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net earnings	$	62.5		$	713.8		$	—	$	648.9		$	(1,362.7	)	$	62.5
Other comprehensive earnings (loss), before tax:
Foreign currency translation adjustment	645.5			—			—		645.5			(645.5		)	645.5
Change in unrecognized (loss) gain and prior service cost related to defined benefit plans	(0.3		)	0.2			—		(0.6		)	0.4			(0.3		)
Net unrecognized (loss) gain on derivatives in cash flow hedging relationships	(22.9		)	(49.8		)	—		26.9			22.9			(22.9		)
Net unrealized loss on derivatives in net investment hedging relationships	(10.4		)	—			—		(10.4		)	10.4			(10.4		)
Net unrealized gain on marketable securities	32.5			31.5			—		0.9			(32.4		)	32.5
Other comprehensive earnings (loss), before tax	644.4			(18.1		)	—		662.3			(644.2		)	644.4
Income tax provision (benefit)	0.5			(6.8		)	—		6.3			0.5			0.5
Other comprehensive earnings (loss), net of tax	643.9			(11.3		)	—		656.0			(644.7		)	643.9
Comprehensive earnings (loss)	706.4			702.5			—		1,304.9			(2,007.4		)	706.4
Comprehensive earnings attributable to the noncontrolling interest	—			—			—		—			—			—
Comprehensive earnings attributable to Mylan N.V. ordinary shareholders	$	706.4		$	702.5		$	—	$	1,304.9		$	(2,007.4	)	$	706.4

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Three Months Ended September 30, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (loss) earnings	$	428.6		$	446.1		$	—	$	655.9		$	(1,102.0	)	$	428.6
Other comprehensive loss, before tax:
Foreign currency translation adjustment	(148.4		)	—			—		(148.4		)	148.4			(148.4		)
Change in unrecognized gain and prior service cost related to defined benefit plans	—			0.2			—		(0.2		)	—			—
Net unrecognized gain (loss) on derivatives	(84.2		)	(63.9		)	—		(20.3		)	84.2			(84.2		)
Net unrealized loss on marketable securities	(0.2		)	—			—		(0.2		)	0.2			(0.2		)
Other comprehensive loss, before tax	(232.8		)	(63.7		)	—		(169.1		)	232.8			(232.8		)
Income tax benefit	(30.8		)	(23.8		)	—		(7.0		)	30.8			(30.8		)
Other comprehensive loss, net of tax	(202.0		)	(39.9		)	—		(162.1		)	202.0			(202.0		)
Comprehensive earnings	226.6			406.2			—		493.8			(900.0		)	226.6
Comprehensive earnings attributable to the noncontrolling interest	—			—			—		—			—			—
Comprehensive earnings attributable to Mylan N.V. ordinary shareholders	$	226.6		$	406.2		$	—	$	493.8		$	(900.0	)	$	226.6

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Nine Months Ended September 30, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net (loss) earnings	$	653.1		$	688.8		$	—	$	1,397.9		$	(2,086.7	)	$	653.1
Other comprehensive earnings (loss), before tax:
Foreign currency translation adjustment	(526.7		)	—			—		(526.7		)	526.7			(526.7		)
Change in unrecognized gain and prior service cost related to defined benefit plans	3.9			0.3			—		3.6			(3.9		)	3.9
Net unrecognized loss on derivatives	(67.4		)	(57.7		)	—		(9.7		)	67.4			(67.4		)
Net unrealized loss on marketable securities	(0.4		)	—			—		(0.4		)	0.4			(0.4		)
Other comprehensive loss, before tax	(590.6		)	(57.4		)	—		(533.2		)	590.6			(590.6		)
Income tax benefit	(24.0		)	(21.1		)	—		(2.9		)	24.0			(24.0		)
Other comprehensive loss, net of tax	(566.6		)	(36.3		)	—		(530.3		)	566.6			(566.6		)
Comprehensive earnings	86.5			652.5			—		867.6			(1,520.1		)	86.5
Comprehensive earnings attributable to the noncontrolling interest	(0.1		)	—			—		(0.1		)	0.1			(0.1		)
Comprehensive earnings attributable to Mylan N.V. ordinary shareholders	$	86.4		$	652.5		$	—	$	867.5		$	(1,520.0	)	$	86.4

UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET

As of September 30, 2016



(In millions)	Mylan N.V. (Parent Guarantor)		Mylan Inc. (Issuer)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Assets
Current assets:
Cash and cash equivalents	$	—	$	33.2	$	—	$	1,223.4	$	—		$	1,256.6
Accounts receivable, net	—		7.4		—		3,091.5		—			3,098.9
Inventories	—		—		—		2,687.5		—			2,687.5
Intercompany receivables	165.8		420.8		—		10,019.0		(10,605.6		)	—
Prepaid expenses and other current assets	1.5		256.7		—		663.9		—			922.1
Total current assets	167.3		718.1		—		17,685.3		(10,605.6		)	7,965.1
Property, plant and equipment, net	—		331.3		—		1,952.9		—			2,284.2
Investments in subsidiaries	17,755.5		9,912.6		—		—		(27,668.1		)	—
Intercompany notes and interest receivable	2,268.9		10,054.4		—		18.7		(12,342.0		)	—
Intangible assets, net	—		—		—		15,613.4		—			15,613.4
Goodwill	—		17.1		—		9,616.0		—			9,633.1
Other assets	—		97.1		—		945.6		—			1,042.7
Total assets	$	20,191.7	$	21,130.6	$	—	$	45,831.9	$	(50,615.7	)	$	36,538.5

LIABILITIES AND EQUITY
Liabilities
Current liabilities:
Trade accounts payable	$	—	$	30.0	$	—	$	1,224.9	$	—		$	1,254.9
Short-term borrowings	—		—		—		54.2		—			54.2
Income taxes payable	—		33.2		—		131.3		—			164.5
Current portion of long-term debt and other long-term obligations	—		2,188.2		—		2,246.4		—			4,434.6
Intercompany payables	420.8		10,184.8		—		—		(10,605.6		)	—
Other current liabilities	514.3		309.2		—		2,822.3		—			3,645.8
Total current liabilities	935.1		12,745.4		—		6,479.1		(10,605.6		)	9,554.0
Long-term debt	7,427.8		3,735.7		—		165.1		—			11,328.6
Intercompany notes payable	—		1,466.5		—		10,875.4		(12,341.9		)	—
Other long-term obligations	—		55.3		—		3,771.8		—			3,827.1
Total liabilities	8,362.9		18,002.9		—		21,291.4		(22,947.5		)	24,709.7

Total equity	11,828.8		3,127.7		—		24,540.5		(27,668.2		)	11,828.8

Total liabilities and equity	$	20,191.7	$	21,130.6	$	—	$	45,831.9	$	(50,615.7	)	$	36,538.5

UNAUDITED CONDENSED CONSOLIDATING BALANCE SHEET

As of December 31, 2015



(In millions)	Mylan N.V. (Parent Guarantor)		Mylan Inc. (Issuer)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Assets
Current assets:
Cash and cash equivalents	$	—	$	870.5	$	—	$	365.5	$	—		$	1,236.0
Accounts receivable, net	—		14.4		—		2,674.7		—			2,689.1
Inventories	—		—		—		1,951.0		—			1,951.0
Intercompany receivables	1,097.5		283.2		—		8,936.4		(10,317.1		)	—
Other current assets	0.3		244.8		—		351.5		—			596.6
Total current assets	1,097.8		1,412.9		—		14,279.1		(10,317.1		)	6,472.7
Property, plant and equipment, net	—		324.4		—		1,659.5		—			1,983.9
Investments in subsidiaries	9,947.7		8,007.7		—		—		(17,955.4		)	—
Intercompany notes and interest receivable	—		9,704.4		—		18.7		(9,723.1		)	—
Intangible assets, net	—		0.5		—		7,221.4		—			7,221.9
Goodwill	—		17.1		—		5,363.0		—			5,380.1
Other assets	—		135.3		—		1,073.8		—			1,209.1
Total assets	$	11,045.5	$	19,602.3	$	—	$	29,615.5	$	(37,995.6	)	$	22,267.7

LIABILITIES AND EQUITY
Liabilities
Current liabilities:
Trade accounts payable	$	—	$	33.5	$	—	$	1,076.1	$	—		$	1,109.6
Short-term borrowings	—		—		—		1.3		—			1.3
Income taxes payable	—		—		—		92.4		—			92.4
Current portion of long-term debt and other long-term obligations	—		1,010.1		—		66.9		—			1,077.0
Intercompany payables	283.2		10,033.9		—		—		(10,317.1		)	—
Other current liabilities	2.0		320.1		—		1,519.8		—			1,841.9
Total current liabilities	285.2		11,397.6		—		2,756.5		(10,317.1		)	4,122.2
Long-term debt	994.5		5,298.4		—		2.7		—			6,295.6
Intercompany notes payable	—		18.7		—		9,704.4		(9,723.1		)	—
Other long-term obligations	—		122.2		—		1,961.9		—			2,084.1
Total liabilities	1,279.7		16,836.9		—		14,425.5		(20,040.2		)	12,501.9

Total equity	9,765.8		2,765.4		—		15,190.0		(17,955.4		)	9,765.8

Total liabilities and equity	$	11,045.5	$	19,602.3	$	—	$	29,615.5	$	(37,995.6	)	$	22,267.7

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Nine Months Ended September 30, 2016



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	(1.6	)	$	724.7		$	—	$	974.6		$	—		$	1,697.7
Cash flows from investing activities:
Capital expenditures	—			(64.8		)	—		(174.7		)	—			(239.5		)
Change in restricted cash	—			(49.5		)	—		(1.0		)	—			(50.5		)
Purchase of marketable securities	—			(4.1		)	—		(18.7		)	—			(22.8		)
Cash paid for Meda's unconditional deferred payment	—			—			—		(308.0		)	—			(308.0		)
Proceeds from sale of marketable securities	—			—			—		15.8			—			15.8
Cash paid for acquisitions, net	(5,278.5		)	(931.3		)	—		58.1			—			(6,151.7		)
Settlement of acquisition-related foreign currency derivatives	(128.6		)	—			—		—			—			(128.6		)
Investments in affiliates	—			(43.6		)	—		—			43.6			—
Dividends from affiliates	135.6			—			—		—			(135.6		)	—
Loans to affiliates	(7,971.9		)	(417.0		)	—		(726.3		)	9,115.2			—
Repayments of loans from affiliates	6,838.3			442.6			—		1,031.3			(8,312.2		)	—
Payments for product rights and other, net	—			(0.4		)	—		(195.9		)	—			(196.3		)
Net cash (used in) provided by investing activities	(6,405.1		)	(1,068.1		)	—		(319.4		)	711.0			(7,081.6		)
Cash flows from financing activities:
Payments of financing fees	(95.3		)	—			—		—			—			(95.3		)
Change in short-term borrowings, net	—			—			—		48.6			—			48.6
Proceeds from issuance of long-term debt	6,478.8			—			—		41.0			—			6,519.8
Payments of long-term debt	—			(500.0		)	—		(567.0		)	—			(1,067.0		)
Proceeds from exercise of stock options	11.1			—			—		—			—			11.1
Taxes paid related to net share settlement of equity awards	(12.9		)	—			—		—			—			(12.9		)
Contingent consideration payments	—			—			—		(15.5		)	—			(15.5		)
Capital contribution from affiliates	—			—			—		43.6			(43.6		)	—
Capital payments to affiliates	—			—			—		(135.6		)	135.6			—
Payments on borrowings from affiliates	—			(1,361.8		)	—		(6,950.4		)	8,312.2			—
Proceeds from borrowings from affiliates	25.0			1,380.8			—		7,709.4			(9,115.2		)	—
Acquisition of noncontrolling interest	—			—			—		(1.0		)	—			(1.0		)
Other items, net	—			(12.9		)	—		14.5			—			1.6
Net cash provided by financing activities	6,406.7			(493.9		)	—		187.6			(711.0		)	5,389.4
Effect on cash of changes in exchange rates	—			—			—		15.1			—			15.1
Net (decrease) increase in cash and cash equivalents	—			(837.3		)	—		857.9			—			20.6
Cash and cash equivalents — beginning of period	—			870.5			—		365.5			—			1,236.0
Cash and cash equivalents — end of period	$	—		$	33.2		$	—	$	1,223.4		$	—		$	1,256.6
Supplemental disclosures of cash flow information —
Non-cash transactions:
Ordinary shares issued for acquisition	$	1,281.7		$	—		$	—	$	—		$	—		$	1,281.7

UNAUDITED CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Nine Months Ended September 30, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	—		$	(1,417.1	)	$	—	$	2,773.6		$	—		$	1,356.5
Cash flows from investing activities:
Capital expenditures	—			(55.1		)	—		(152.2		)	—			(207.3		)
Change in restricted cash	—			—			—		25.9			—			25.9
Purchase of marketable securities	—			(29.3		)	—		(29.8		)	—			(59.1		)
Proceeds from sale of marketable securities	—			—			—		29.4			—			29.4
Investments in affiliates	—			(289.4		)	—		—			289.4			—
Loans to affiliates	(39.5		)	(4,250.1		)	—		(5,657.3		)	9,946.9			—
Repayments of loans from affiliates	—			240.6			—		22.5			(263.1		)	—
Payments for product rights and other, net	—			—			—		(428.2		)	—			(428.2		)
Net cash used in investing activities	(39.5		)	(4,383.3		)	—		(6,189.7		)	9,973.2			(639.3		)
Cash flows from financing activities:
Payments of financing fees	(89.1		)	(25.6		)	—		—			—			(114.7		)
Change in short-term borrowings, net	—			—			—		(329.7		)	—			(329.7		)
Proceeds from convertible note hedge	—			1,970.8			—		—			—			1,970.8
Proceeds from issuance of long-term debt	—			2,390.0			—		—			—			2,390.0
Payments of long-term debt	—			(4,334.1		)	—		—			—			(4,334.1		)
Proceeds from exercise of stock options	39.5			53.3			—		—			—			92.8
Taxes paid related to net share settlement of equity awards	—			(25.8		)	—		(5.9		)	—			(31.7		)
Capital contribution from affiliates	—			—			—		289.4			(289.4		)	—
Payments on borrowings from affiliates	—			(22.5		)	—		(240.6		)	263.1			—
Proceeds from borrowings from affiliates	89.1			5,696.8			—		4,161.0			(9,946.9		)	—
Acquisition of noncontrolling interest	—			—			—		(11.7		)	—			(11.7		)
Other items, net	1.3			48.3			—		—			—			49.6
Net cash provided by financing activities	40.8			5,751.2			—		3,862.5			(9,973.2		)	(318.7		)
Effect on cash of changes in exchange rates	—			—			—		(37.0		)	—			(37.0		)
Net increase (decrease) in cash and cash equivalents	1.3			(49.2		)	—		409.4			—			361.5
Cash and cash equivalents — beginning of period	0.1			112.9			—		112.5			—			225.5
Cash and cash equivalents — end of period	$	1.4		$	63.7		$	—	$	521.9		$	—		$	587.0
Supplemental disclosures of cash flow information —
Non-cash transactions:
Ordinary shares issued for acquisition	$	6,305.8		$	—		$	—	$	—		$	—		$	6,305.8