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Mylan Reports a 13% Increase in Second Quarter 2013 Adjusted Diluted EPS to $0.68
Date:8/1/2013

ard-looking statements that may be made by the Company or by persons acting on its behalf and in conjunction with its periodic SEC filings. In addition, please refer to the cautionary note on forward-looking statements and risk factors set forth in the Company's Annual  Report on Form 10-K for the year ended December 31, 2012, and in its other filings with the SEC. Further, uncertainties or other circumstances, or matters outside of the Company's control between the date of this release and the date that its Form 10-Q for the quarter ended June 30, 2013, is filed with the SEC could potentially result in adjustments to reported results. The Company undertakes no obligation to update statements herein for revisions or changes after the date of this release.

 Mylan Inc. and Subsidiaries Condensed Consolidated Statements of Operations (Unaudited; in thousands, except per share amounts) Three Months EndedSix Months EndedJune 30,June 30,2013201220132012Revenues:Net revenues

$

1,687,337$

1,677,985$

3,306,745$

3,251,060Other revenues

14,3649,83026,44620,410Total revenues

1,701,7011,687,8153,333,1913,271,470Cost of sales

959,317985,1781,897,3171,898,604Gross profit

742,384702,6371,435,8741,372,866Operating expenses:Research and development

111,43394,361237,919175,320Selling, general and administrative

315,389359,011666,756695,570Litigation settlements, net

6,943(12,206)8,733(10,033)Total operating expenses

433,765441,166913,408860,857Earnings from operations

308,619261,471522,466512,009Interest expense

81,80475,666159,791158,075Other (expense) income, net

(7,192)4,210(3,794)(5,605)Earnings before income taxes and noncontrolling interest

219,623190,015358,881348,329Income tax provision

41,00750,84372,72179,687Net earnings

178,616139,172286,160268,642Net earnings attributable to th
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