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INFORMATION BY OPERATING SEGMENT (Tables)
3 Months Ended
Dec. 31, 2014
Segment Reporting [Abstract]  
Schedule of operating segment information
($ Millions)
 
 
 
 
 
 
 
 
 
Laclede Group
Gas Utility
 
Gas Marketing
 
Other
 
Eliminations
 
Consolidated
Three Months Ended December 31, 2014
 

 
 

 
 

 
 

 
 

Revenues from external customers
$
581.4

 
$
37.8

 
$
0.4

 
$

 
$
619.6

Intersegment revenues
1.0

 
24.4

 
0.5

 
(25.9
)
 

Total Operating Revenues
582.4

 
62.2

 
0.9

 
(25.9
)
 
619.6

Operating Expenses
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 


Natural and propane gas
329.8

 

 

 
(25.5
)
 
304.3

Other operation and maintenance
97.4

 

 

 
(0.3
)
 
97.1

Depreciation and amortization
32.0

 

 

 

 
32.0

Taxes, other than income taxes
38.0

 

 

 

 
38.0

Total Gas Utility Operating Expenses
497.2

 

 

 
(25.8
)
 
471.4

Gas Marketing

 
58.6

 

 

 
58.6

Other

 

 
2.4

 
(0.1
)
 
2.3

Total Operating Expenses
497.2

 
58.6

 
2.4

 
(25.9
)
 
532.3

Operating Income (Loss)
$
85.2

 
$
3.6

 
$
(1.5
)
 
$

 
$
87.3

Net Economic Earnings (Loss)
$
49.8

 
$
0.4

 
$
(4.5
)
 
$

 
$
45.7

 
 
 
 
 
 
 
 
 
 
Three Months Ended December 31, 2013
 

 
 

 
 

 
 

 
 

Revenues from external customers
$
435.2

 
$
33.2

 
$
0.2

 
$

 
$
468.6

Intersegment revenues
0.1

 
19.5

 
0.4

 
(20.0
)
 

Total Operating Revenues
435.3

 
52.7

 
0.6

 
(20.0
)
 
468.6

Operating Expenses
 
 
 
 
 
 
 
 
 
Gas Utility
 
 
 
 
 
 
 
 
 
Natural and propane gas
261.6

 

 

 
(19.8
)
 
241.8

Other operation and maintenance
62.5

 

 

 
(0.2
)
 
62.3

Depreciation and amortization
20.0

 

 

 

 
20.0

Taxes, other than income taxes
28.6

 

 

 

 
28.6

Total Gas Utility Operating Expenses
372.7

 

 

 
(20.0
)
 
352.7

Gas Marketing

 
51.8

 

 

 
51.8

Other

 

 
1.2

 

 
1.2

Total Operating Expenses
372.7

 
51.8

 
1.2

 
(20.0
)
 
405.7

Operating Income (Loss)
$
62.6

 
$
0.9

 
$
(0.6
)
 
$

 
$
62.9

Net Economic Earnings (Loss)
$
35.8

 
$
0.8

 
$
(0.3
)
 
$

 
$
36.3

The Company's total asset detail is as follows:
($ Millions)
December 31,
 
September 30,
Laclede Group
2014
 
2014
Total Assets:
Gas Utility
$
4,735.6

 
$
4,520.0

Gas Marketing
152.7

 
156.7

Other
1,576.1

 
1,575.7

Eliminations
(1,175.9
)
 
(1,178.4
)
Total Assets
$
5,288.5

 
$
5,074.0

Schedule of the reconciliation of consolidated net economic earnings to consolidated net income
The following table reconciles the Company's Net Income (GAAP) to Net Economic Income (Non-GAAP):
($ Millions)
Three Months Ended December 31,
Laclede Group
2014
 
2013
Net income (GAAP)
$
47.1

 
$
35.6

Unrealized (gain) loss on energy-related derivative contracts
(3.0
)
 
0.4

Lower of cost or market inventory adjustments
1.2

 
(0.1
)
Acquisition, divestiture and restructuring activities
0.4

 
0.4

Net Economic Earnings (Non-GAAP)
$
45.7

 
$
36.3