INTERIM FINANCIAL INFORMATION (UNAUDITED)

12 Months Ended

Sep. 30, 2014

Quarterly Financial Information Disclosure [Abstract]

INTERIM FINANCIAL INFORMATION (UNAUDITED)

INTERIM FINANCIAL INFORMATION (UNAUDITED)

Laclede Group

In the opinion of Laclede Group, the quarterly information presented below for fiscal years 2014 and 2013 includes all adjustments (consisting of only normal recurring accruals) necessary for a fair statement of the results of operations for such periods. Variations in consolidated operations reported on a quarterly basis primarily reflect the seasonal nature of the business of Laclede Gas.

($ Millions, Except Per Share Amounts)
Three Months Ended	Dec. 31		March 31		June 30		Sept. 30
Fiscal Year 2014
Total Operating Revenues	$	468.6	$	694.5	$	241.8	$	222.3
Operating Income (Loss)	62.9		87.2		24.7		(8.4		)
Net Income (Loss)	35.6		52.2		11.7		(14.9		)
Basic Earnings (Loss) Per Share of Common Stock	$	1.09	$	1.59	$	0.34	$	(0.35	)
Diluted Earnings (Loss) Per Share of Common Stock	$	1.09	$	1.59	$	0.33	$	(0.35	)
Three Months Ended	Dec. 31		March 31		June 30		Sept. 30
Fiscal Year 2013
Total Operating Revenues	$	307.0	$	397.6	$	165.3	$	147.1
Operating Income	42.1		51.8		12.3		(9.7		)
Net Income (Loss)	25.6		30.2		6.6		(9.6		)
Basic Earnings (Loss) Per Share of Common Stock	$	1.14	$	1.34	$	0.25	$	(0.30	)
Diluted Earnings (Loss) Per Share of Common Stock	$	1.14	$	1.34	$	0.25	$	(0.30	)

All quarters of 2014 reflect transaction costs incurred associated with the acquisition of Alagasco and the integration of MGE. The fourth quarter of 2014 includes one month of activity of the operations of Alagasco, significant transaction costs incurred in the quarter, the interest impact of the debt issued in the quarter and cost relating to the continued integration efforts of MGE. Total impact for these items during the quarter was a net loss of $11.3.

All quarters of 2013 reflect transaction costs incurred associated with the acquisition of MGE. The fourth quarter of 2013 includes one month of activity of the operations of MGE, significant transaction costs incurred in the quarter and the interest impact of the debt issued in the quarter. Total impact of all of these during the quarter was a net loss of $5.5.

Laclede Gas

In the opinion of Laclede Gas, the quarterly information presented below for fiscal years 2014 and 2013 includes all adjustments (consisting of only normal recurring accruals) necessary for a fair statement of the results of operations for such periods. Variations in operations reported on a quarterly basis primarily reflect the seasonal nature of the business of Laclede Gas.

($ Millions)
Three Months Ended	Dec. 31		March 31		June 30		Sept. 30
Fiscal Year 2014
Total Operating Revenues	$	435.3	$	638.7	$	214.2	$	160.0
Operating Income	62.3		74.4		22.5		7.2
Net Income (Loss)	35.3		44.2		12.0		(1.4		)
Three Months Ended	Dec. 31		March 31		June 30		Sept. 30
Fiscal Year 2013
Total Operating Revenues	$	251.9	$	364.1	$	131.8	$	111.6
Operating Income (Loss)	42.1		50.7		7.2		(12.5		)
Net Income (Loss)	25.7		29.8		3.8		(10.5		)

All quarters of 2013 reflect transaction costs incurred associated with the acquisition of MGE. The fourth quarter of 2013 includes one month of activity of the operations of MGE, significant transaction costs incurred in the quarter and the interest impact of the debt issued in the quarter. Total impact of all of these during the quarter was a decrease in net income of $5.5.