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Mylan NV (NAS:MYL)
Cash Flow from Operations
$2,350 Mil (TTM As of Sep. 2016)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Sep. 2016, Mylan NV's Net Income From Continuing Operations was $-120 Mil. Its DDA was $446 Mil. Its Change In Working Capital was $349 Mil. Its cash flow from deferred tax was $-265 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. Its Stock Based Compensation was $19 Mil. And its Cash Flow from Others was $771 Mil. In all, Mylan NV's Cash Flow from Operations for the three months ended in Sep. 2016 was $1,201 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Mylan NV's Cash Flow from Operations for the fiscal year that ended in Dec. 2015 is calculated as:

Mylan NV's Cash Flow from Operations for the quarter that ended in Sep. 2016 is

Mylan NV Cash Flow from Operations for the trailing twelve months (TTM) ended in Sep. 2016 was 652 (Dec. 2015 ) + 80.5 (Mar. 2016 ) + 416.6 (Jun. 2016 ) + 1200.6 (Sep. 2016 ) = $2,350 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Mylan NV's net income from continuing operations for the three months ended in Sep. 2016 was $-120 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Mylan NV's depreciation, depletion and amortization for the three months ended in Sep. 2016 was $446 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Mylan NV's change in working capital for the three months ended in Sep. 2016 was $349 Mil. It means Mylan NV's working capital increased by $349 Mil from Jun. 2016 to Sep. 2016 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Mylan NV's cash flow from deferred tax for the three months ended in Sep. 2016 was $-265 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Mylan NV's cash flow from discontinued operations for the three months ended in Sep. 2016 was $0 Mil.

6. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Mylan NV's stock based compensation for the three months ended in Sep. 2016 was $19 Mil.

7. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Mylan NV's cash flow from others for the three months ended in Sep. 2016 was $771 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Stock Based Compensation, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Mylan NV Annual Data

Mar06Mar07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
NetIncomeFromContinuingOperations 185217-181248346539643627933848
CF_DDA 47624254014235115475165671,032
ChangeInWorkingCapital 114-35-204-264-142-470-673-489-1,182-662
CF_DeferredTax -24-50-194-15511-57-109-87-315-116
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 003131314343476693
Cash Flow from Others 94197508344263156498493946814
Cash Flow from Operations 4173903846059317209491,1071,0152,009

Mylan NV Quarterly Data

Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16Sep16
NetIncomeFromContinuingOperations 1274991915716842919514168-120
CF_DDA 129134169175259258341297303446
ChangeInWorkingCapital -316-232-437-101-359165-367-408-102349
CF_DeferredTax -85-158-6513-8914-5439-131-265
Cash Flow from Disc. Op. 0000000000
Stock Based Compensation 17161834161626272519
Cash Flow from Others 3071812518912193511112152771
Cash Flow from Operations 179441127267115975652814171,201
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