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Table of ContentsA Message from Brian Munroe, Chairman Endo PAC1
2-3 Endo PAC: Our Voice In the Political Process
4-5 Endo PAC Governance Policy and Endo PAC Committee
6-9 Political Contribution Recipients
10 Leadership PACs & Party Committees
11-12
13
14-15
Financial Statements: January 2012 — December 2012
Notes to Financial Statements
Endo PAC’s 2012 Contributors
A Letter from Brian Munroe, Chairman, Endo PAC
DEAR COLLEAGUES:
The past year was an important one for Endo with the integration of AMS, HealthTronics, and Qualitest
completing the transformation of Endo Health Solutions Inc. It was also a successful year for Endo PAC.
We received $119,780 in member contributions, and provided $135,450 in support to federal, state and
local candidates and political committees.
I’m pleased to share with you the Endo PAC 2012 Contributions Report. In the following pages you will
find a listing of the 63 federal, state and local candidates, political committees and Leadership PACs that
received contributions from Endo PAC. There is also a list of our Endo PAC members who voluntarily
made contributions to help ensure that policymakers hear our collective voice. I hope you will take a few
minutes to review this report and see which candidates Endo PAC supported in your state and region.
There’s much at stake in Washington this year for our industry. The deal reached by Congress on
January 1 to avert the fiscal cliff did not permanently resolve the automatic spending cuts required
under the debt-ceiling compromise reached in 2011. As Congress looks for ways to avoid the cuts
scheduled to begin this March, they will be taking an “everything’s on the table” approach. Possible
changes to Medicaid, Medicare, and other budget decisions that could be made in a budget deficit deal
will almost certainly impact Endo, and the broader pharmaceuticals, medical equipment, and health
solutions industries.
Endo PAC pools the contributions of Endo Health Solutions employees to support candidates for public
office who understand our industry and have a record of promoting public policy that supports medical
innovation and appropriate patient care. Endo PAC is bi-partisan, making contributions regardless of
party affiliation.
Endo Health Solutions Inc. will need allies in Congress who
understand the pharmaceuticals, medical device, and health solutions
industries, should this or a future Congress readdress healthcare or
Medicare. The PAC is a tool for building relationships with members
of Congress, which gets us a seat at the table when laws are being
crafted that affect our industry. We can’t afford not to be there.
Thank you for your continued support of Endo PAC.
Brian Munroe
Chairman, Endo PAC
Endo PAC:
WhAT IS A PAC?
A Political Action Committee (PAC) is a group of individuals–
usually within a specific population–who pool their resources
to enhance their legislative voice. According to federal laws,
companies cannot contribute directly to public candidates;
however, PACs are able to contribute to candidates at both the
state and federal level. Most Fortune 500 companies have PACs,
including most of our major healthcare competitors. Endo PAC
supports candidates who value access and innovation in healthcare.
WhO RECEIVES ENDO PAC CONTRIBUTIONS?
Endo PAC is bi-partisan. In 2012, Endo PAC supported 63
candidates and political parties. True to its bi-partisan values, Endo
PAC is committed to support candidates from both political parties
who share Endo’s vision and values for health care. When choosing
to make a contribution to a candidate, Endo PAC considers
candidates’ views on issues that impact Endo and its employees
as well as the presence of Endo facilities or employees in the
candidate’s district or state. Included in the Financial Statements
are tables that illustrate the bi-partisanship by level of government
both in terms of percent distribution by political party and percent
of total. A complete list of Endo PAC contributions for January –
December 2012 is included in this report.
Our Voice in the Political Process
2 ENDO PAC: OUR VOICE IN ThE POLITICAL PROCESS
The Percentages listed above are based on the Total Dollar Amounts Disbursed to Candidates, Leadership PACs and Party Committees. See Political Recipients and accompanying Financial Statement starting on page 11.
31% DemoCRATS
69% REPUBLICANS
BIPARTISAN
3ENDO PAC: OUR VOICE IN ThE POLITICAL PROCESS
The Percentages listed above are based on the Total Dollar Amounts Disbursed to Candidates, Leadership PACs and Party Committees. See Political Recipients and accompanying Financial Statement starting on page 11.
Endo complies fully with all federal, state, and local laws and
reporting requirements governing PAC contributions.
Employee participation is completely voluntary, and employees
have the right to refuse to contribute without reprisal.
Contributions are not tax deductible for income tax purposes.
Endo PAC is governed by the Endo PAC Committee comprised
of both Officers and Committee Members representing cross
functional areas of the company. Officers are appointed by the
Chief Executive Officer and Committee Members are selected by
the Endo PAC Chairman. All Endo PAC contributions are reviewed
and approved by the Committee. Contributions are evaluated based
on a number of factors including individual candidate views on
issues that impact Endo and our industry.
4 ENDO PAC GOVERNANCE POLICY
Endo PAC
2012 ENDO PAC OFFICERS
CHAIRMAN
Brian Munroe
SVP, Government Affairs
TREASURER
Joseph Rosenthal
Business Development
Financial Analysis Manager
ADMINSTRATOR/ASSISTANT
TREASURER
Elizabeth Bush
Government Affairs Manager
COUNSEL
Katie Topolewski
Senior Counsel Legal
2012 ENDO PAC COMMITTEE MEMBERS
Deborah Bann
Product Complaint Analyst
Westbury, NY
Guy Donatiello
SVP, Intellectual Property
Malvern, PA
Sterling Ivison
Director Human Resources
Malvern, PA
Ellen Keane
Regional Business Director
Dallas, TX
Marty Lutz
Vice President, Sales
Malvern, PA
Gregory Thomas
Sr. Director State Government Affairs
Malvern, PA
Debra Travers *
Director Project Management
Malvern, PA
* Resigned July 17, 2012
5ENDO PAC GOVERNANCE POLICY
Political Contribution
Recipients
6 POLITICAL CONTRIBUTION RECIPIENTS
AlabamaFEDERAL hOUSE PARTY DISTRICT CONTRIBUTION
Rep. Mo Brooks W R 5 $9,000.00
ArizonaFEDERAL hOUSE
J. Manuel Arreguin A D 3 $500.00
CaliforniaFEDERAL hOUSE
Rep. Darrell Issa W R 49 $1,000.00
Rep. Mary Bono Mack W R 45 $1,000.00
Rep. Henry Waxman W D 30 $1,000.00
FloridaFEDERAL hOUSE
Rep. Vern Buchanan W R 13 $500.00
IllinoisFEDERAL hOUSE
Rep. John Shimkus W R 19 $5,000.00
KansasFEDERAL SENATE
Sen. Pat Roberts (Up in ‘14) R — $3,000.00
KentuckySTATE hOUSE
Rep. Addia Wuchner W R 66 $2,000.00
7POLITICAL CONTRIBUTION RECIPIENTS
MarylandFEDERAL SENATE
Sen. Barbara Mikulski (Up in '16) D — $500.00
STATE hOUSE
Rep. Michael Busch (Up in ‘14) D 30 $500.00
MassachusettsFEDERAL hOUSE
Rep. Michael Capuano W D 8 $1,000.00
MichiganFEDERAL hOUSE
Rep. Michael Rogers W R 8 $500.00
Rep. Fred Upton W R 6 $8,000.00
MinnesotaFEDERAL hOUSE
Rep. Erik Paulsen W R 3 $5,000.00
MontanaATTORNEY GENERAL
Steve Bullock (Up in ‘12) D — $600.00
New JerseyFEDERAL SENATE
Sen. Robert Menendez W D — $2,000.00
FEDERAL hOUSE
Rep. Rodney Frelinghuysen W R 11 $1,500.00
Rep. Rush Holt W D 12 $4,000.00
Rep. Bill Pascrell W D 8 $2,500.00
New YorkFEDERAL hOUSE
Rep. Pete King W R 3 $4,000.00
Rep. Carolyn McCarthy W D 4 $2,500.00
Rep. Edolphus Towns B D 10 $1,000.00
8 POLITICAL CONTRIBUTION RECIPIENTS
STATE SENATE
Sen. Jack Martins W R 7 $800.00
North CarolinaFEDERAL SENATE
Sen. Kay Hagan (Up in ‘14) D — $6,000.00
OhioSTATE SENATE
Sen. David Burke W R 26 $1,000.00
STATE hOUSE
Rep. Anne Gonzales W R 19 $500.00
Rep. Robert Hackett W R 84 $300.00
Rep. Terry Johnson W R 89 $700.00
Rep. Barbara Sears W R 46 $700.00
Rep. Lynn Wachtmann W R 75 $700.00
PennsylvaniaFEDERAL SENATE
Sen. Patrick Toomey (Up in '16) R — $1,000.00
FEDERAL hOUSE
Rep. Jason Altmire C D 4 $4,000.00
Rep. Charlie Dent W R 15 $4,000.00
Rep. Mike Doyle W D 14 $9,000.00
Rep. Jim Gerlach W R 6 $4,000.00
Rep. Joe Pitts W R 16 $4,000.00
STATE SENATE
Sen. Andrew Dinniman W D 19 $1,000.00
Sen. Dominic Pileggi W R 9 $3,000.00
Sen. Joseph Scarnati W R 25 $1,000.00
STATE hOUSE
Rep. Matt Baker W R 69 $500.00
Rep. Stephen Barrar W R 160 $2,000.00
Rep. Gene DiGirolamo W R 18 $500.00
Rep. Warren Kampf W R 157 $250.00
Rep. Duane Milne W R 167 $250.00
Rep. Scott Petri W R 178 $500.00
9POLITICAL CONTRIBUTION RECIPIENTS
ChESTER COUNTY COMMISSIONER
Terence Farrell (Up in ‘15) R — $250.00
TexasFEDERAL hOUSE
Rep. Kevin Brady W R 8 $1,000.00
Rep. Michael Burgess W R 26 $5,000.00
Rep. John Carter W R 31 $2,500.00
Rep. Sam Johnson W R 3 $500.00
Rep. Michael McCaul W R 10 $2,500.00
Rep. Lamar Smith W R 21 $4,000.00
STATE SENATE
Sen. Jane Nelson W R 12 $1,000.00
Sen. Charles Schwertner W R 5 $1,000.00
Sen. Carlos Uresti W D 19 $1,000.00
STATE hOUSE
Rep. Larry Gonzales W R 52 $1,500.00
UtahFEDERAL SENATE
Sen. Orrin Hatch W R — $1,000.00
VirginiaFEDERAL SENATE
Sen. George Allen W R — $2,000.00
FEDERAL hOUSE
Rep. Bob Goodlatte W R 6 $500.00
W Winner
Candidate representing Endo facilities
Contribution for non 2012 elections
A - J. Manuel (Manny) Arreguin is a practicing Obstetrician/Gynecologist in Tucson, Arizona. In February 2012, Dr. Arreguin announced he would run in 2012 for Congress in Arizona’s 3rd congressional district, challenging the seat held by the incumbent Raul Grijalva. On August 28, 2012, Dr. Arreguin lost the primary to the incumbent Raul Grijalva.
B - Rep. Edolphus Towns served in the United States House of Representatives from 1983 to 2013. A Democrat from New York, Towns was Chairman of the House Oversight and Government Reform Committee from 2009 to 2011. During his 30 years in
Congress, Towns represented districts based in Brooklyn: first New York’s 11th congressional district, from 1983 to 1993, and then the 10th district from 1993 to 2013. On April 16, 2012, Towns announced he would be retiring at the end of his 15th term.
C - Rep. Jason Altmire is the former U.S. Representative for Pennsylvania’s 4th congressional district, serving from 2007 until 2013. Following the 2010 census, Pennsylvania lost one congressional seat, and Altmire’s district was eliminated when Pennsylvania’s 4th congressional district was moved across the state. Altmire was forced into a primary battle in Pennsylvania’s 12th congressional district, represented by fellow Democratic congressman Mark Critz, who defeated Altmire 51% to 49% in the primary election. Critz went on to lose the 2012 general election to Keith Rothfus, Altmire’s 2010 opponent.
Leadership PACs
& Party CommitteesPennsylvaniaWe the People PAC PARTY CONTRIBUTION
(Rep. Allyson Schwartz) D $2,500.00
Washington D.C.PARTY CONTRIBUTION
Democratic Senatorial Campaign Committee D $2,500.00
National Republican Congressional Committee R $2,500.00
National Republican Senatorial Committee R $2,500.00
10 LEADERShIP PACS & PARTY COMMITTEES
FINANCIAL STATEMENTS: JANUARY 1, 2012 - DECEMBER 31, 2012
11
ENDO PAC FOR ThE YEAR ENDED DECEMbER 31, 2012 - STATEMENT OF ASSETS & LIAbILITIESASSETS:
Cash $48,321.05
Contributions Receivable 12,188.99
Net Assets $60,510.04
See Accompanying notes to the combined financial statements
ENDO PAC FOR ThE YEAR ENDED DECEMbER 31, 2012 - STATEMENT OF REVENUES & EXPENDITURESREVENUES: CONTRIBUTIONS
Cash $13,449.00
Payroll Deductions 106,330.92
Total Revenues $119,779.92
EXPENDITURES: SUPPORT OF CANDIDATES
Federal $104,500.00
State & Local 20,950.00
Political Parties & Other PACs 10,000.00
Other 61.00
Expenditures $135,511.00
Excess of Contributions over Expenditures -$15,731.08
FUNDS AVAILABLE: CASh BALANCE
Beginning of Year $63,228.13
Contributions Receivable (Prior Year) 13,012.99
End of Period $48,321.05
See Accompanying notes to the combined financial statements
ENDO PAC FOR ThE YEAR ENDED DECEMbER 31, 2012 - DISbURSEMENTSSUPPORT OF ThE CANDIDATES
Contributions to:
U.S. Senate Candidates $15,500.00
U.S. House Candidates 89,000.00
State & Local Candidates 20,950.00
$125,450.00
OThER EXPENDITURES
Political Parties & Other PACs $10,000.00
Other 61.00
$10,061.00
TOTAL EXPENDITURES $135,511.00
FINANCIAL STATEMENTS: JANUARY 1, 2012 - DECEMBER 31, 2012
bIPARTISANShIPTOTAL NUMBER OF CONTRIBUTIONS TOTAL DOLLAR AMOUNT OF DISBURSEMENTS
Democrats Republicans Total Democrats Republicans Total
U.S. Senate Candidates 3 4 7 $8,500 $7,000 $15,500
U.S. House Candidates 9 20 29 25.500 63,500 89,000
Total Federal Candidates 12 24 36 $34,000 $70,500 $104,500
State & Local Candidates 3 20 23 2,500 18,450 20,950
Political Parties & Other PACs 2 2 4 5,000 5,000 10,000
Total Contributions 17 46 63 $41,500 $93,950 $135,450
% DISTRIBUTION TO EACh POLITCAL PARTY BY TYPE OF CANDIDATE
TOTAL NUMBER OF CONTRIBUTIONS TOTAL DOLLAR AMOUNT OF DISBURSEMENTS
Democrats Republicans Total Democrats Republicans Total
U.S. Senate Candidates 43% 57% 100% 55% 45% 100%
U.S. House Candidates 31% 69% 100% 29% 71% 100%
Total Federal Candidates 33% 67% 100% 33% 67% 100%
State & Local Candidates 13% 87% 100% 12% 88% 100%
Political Parties & Other PACs 50% 50% 100% 50% 50% 100%
Total Contributions 27% 73% 100% 31% 69% 100%
% DISTRIBUTION BY POLITICAL PARTY vs. TOTAL CONTRIBUTIONS
TOTAL NUMBER OF CONTRIBUTIONS TOTAL DOLLAR AMOUNT OF DISBURSEMENTS
Democrats Republicans Total Democrats Republicans Total
U.S. Senate Candidates 5% 6% 11% 6% 5% 11%
U.S. House Candidates 14% 32% 46% 19% 47% 66%
Total Federal Candidates 19% 38% 57% 25% 52% 77%
State & Local Candidates 5% 32% 37% 2% 14% 15%
Political Parties & Other PACs 3% 3% 6% 4% 4% 7%
Total Contributions 27% 73% 100% 31% 69% 100%
FINANCIAL STATEMENTS: JANUARY 2012 - DECEMBER 201212
1. FUND DESCRIPTIONThe ENDO PHARMACEUTICALS INC. PAC (“the Fund”), was formed
by ENDO PHARMACEUTICALS INC. (“the Company”), to solicit
and receive voluntary political contributions from employees and
stockholders of the Company and certain subsidiaries to assist
candidiates for elective office. The Fund was registered with the
Federal Election Commission in June 2008.
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESBasis of Presentation
The financial statement activities of the Fund were formed to comply with
certain federal and state laws. The accounts of the Fund are maintained
on an accrual basis. All administrative costs of the Fund are borne by the
Company in accordance with federal law.
Contributions Receivable
The Fund accounts for payroll deductions withheld from employees and
stockholders as contributions receivable until the funds are deposited in
the Fund bank account.
Tax Status
The Fund is registered as a political organization and, as such, is subject to
tax on non-exempt function income, which includes interest income, if any.
NOTES TO FINANCIAL STATEMENTS
Notes to
Financial Statements
13
ENDO PAC’S 2012 CONTRIBUTORS14
Endo PAC’s 2012 Contributors
Kimberly Abdelazim
Treca Adams
Karen Adler
Paul Albers
Anton Amann
Glenn Astley
Michael Bailey
Holli Bain
Celia-Oliva Baldoz
Deborah Bann
Michael Bardzil
Robert Barto
Geoffrey Becker
Michael Berkey
Todd Berner
David Berry
William Best
Marcia Beymer
Paul Blanchette
Travis Blevins
Brian Boccaccio
Steve Bordenave
Kevin Boyle
Mark Bradley
Catherine Bridges
Bonnie Britt
Bobbie Sue Brown
Blythe Buchanan
Edward Buchanan
Steven Buck
John Bullock
Robert Bumpas
Elizabeth Bush
Charlotte Buswold
Timothy Byrne
Laree Anne Callahan
Vito Caracappa
Barbara Ann Carney
Edward Carr
Colin Carson
Cynthia Cary
Richard Chambliss
Surya Chitra
Paula Clark
Robert Cobuzzi
Peter Collier
John Conaghan
Christine Conn
Don Corsaro
Linda Craanen
Carolyn Crane
Roberto Cuca
Kyle Culpepper
Lawrence Cunningham
Susan Dargan
Clint Davis
Susan Dear
Stefanie Decker
Randall Decleene
John Delucca*
Michael DeLucia
Anthony Demarco
Jessica Denaburg
Susan Desharon
Antonetta DeStefano
Debra Dingess
Sheila Dolan
Guy Donatiello
Lynley Dornier
Katrina Dougherty
April Dove
Christi Downes
Tonya Drawdy
Jennifer Dubas
Ray Eden
Douglas Felton
Heather Ferguson
Brenton Fisk
Brian Fitzpatrick
Suzy Fleming
Maricel Foley
Melissa Fronckowiak
Donald Gardner
Ivan Gergel
Suzanne Geroux
John Gilbert
Jodie Giovanni
Kathleen Goin
The following is a list of our 2012 Endo PAC Contributors who enabled
ENDO PAC to make contributions to federal, state and local candidate
campaigns and political committees from both political parties
during 2012.
2012 ENDO PAC CONTRIBUTORS
ENDO PAC’S 2012 CONTRIBUTORS 15
* Members of Endo Health Solutions Inc. Board of Directors
Leland Griffin
Lisa Grills
Sandeep Gupta
Nancy Harley
Jennifer Morehead
Tracey Hernandez
Renee Hildebrand-Hagerty
Mark Hinke
Stephanie Holbrock
David Holveck*
Walter Howell
Kelly Huang
Denise Hudson
Vicki Hughel
Nancy Hutson*
Sterling Ivison
Shahin Jamal
James Januschka
William Jimenez
Cristina Johnson
Jeremiah Johnson
Mark Jozefov
Gerhard Jung
Sarah Kan
Ellen Keane
Deidra Kellett
Gerald Kesterson
Ann Keville
Roger Kimmel*
Juanita Kipkin
Linda Kitlinski
Robert Knight
James Knoebel
Patrick Kocks
Danielle Koerbel
Steven Kraver
Michael Kujak
Jenniffer Lanier
Kathy Large
Simon Lemmy
Lee Lenkner
Kathie Lenzen
Alan Levin
James Lieurance
Martin Lutz
David Macera
Douglas Macpherson
Caroline Manogue
Marianne Mansour
Jessica Marcantonio
Judith March
Linda Marcus
Christine Mario
Joe Martin
John Martin
Lizi Mathew
Michelle McAllister
Celine McCaddon
Ian McConkey
Julie McHugh
Michael McKnight
R. Clark McQueen
Amy McSweeny
Katie Meginniss
Brian Mehalick
Cornelius Merlini
Carolyn Miller
John Miller
William Montague*
David Moody
Vincent Moscato
Brian Munroe
Kristen Nangle
Steven Nash
Charles Neal
Jonathan Neely
Wayne Nevills
Kevin O’Brien
Kevin O’Connell
Nancy Olson
Julia Orescan
Gary Owens
Jeffery Palmer
Roger Palmer
Leena Parikh
Craig Parker
Ritaben Patel
Julia Patrick
William Pelin
Corey Penrod
Peter Persico
Lea Phillips
Candice Phipps
Bernadette Pinamont
Paul Polansky
Kenneth Price
Jordan Pulaski
Spencer Pyles
Mark Radwan
Mohammad Rahman
Glenn Reiser
Toja Riley
Larry Romaine
Joseph Rosenthal
Mark Rubino
Daniel Rudio
Michael Sakimura
Nancy Santilli
Ernesto Sayo
Mark Schauwecker
Devon Scherer
Matthew Schools
Melissa Schroeter
Joseph Scodari*
Christian Scognamillo
Marvin Sepulveda
Dana Shuey
Monica Smith
Jon Smollen
Dana Sporaa
Cynthia Stempek
Jeanette Straus
Sujat Sukthankar
Karunakar Sukuru
Kenneth Summers
Ryan Sweeney
Kerri Taylor
Gregory Thomas
Lori Tierney
Yvonne Tomes
Katie Topolewski
Debra Travers
Rhianna Trice
Dharmishta Trivedi
Catharine Trzaskawka
Jeff Vaupen
Kimberly Walter
Daniel Webster
Susan Weisner
Shetelle Williams
Nancy E. Yacabucci
Sandra Yu
Yadi Zeng
Lynn Zheng
Heather Zoumas-Lubeski
Employee participation is completely voluntary, and employees have the right to refuse to contribute without reprisal. Employees will neither be favored nor disadvantaged by reason of the amount of their contribution or their decision not to contribute. Contributions are not deductible as charitable contributions for income tax purposes. Participation in Endo PAC is limited to U.S. citizens (or permanent residents, i.e. green card holders who reside in the U.S.).