ACQUISITIONS (Tables)

12 Months Ended

Sep. 30, 2014

The following table represents total goodwill of Laclede Group and Laclede Gas:



($ Millions)	Laclede Group				Laclede Gas
Acquisition	2014		2013		2014		2013
MGE	$	210.2	$	247.1	$	210.2	$	247.1
Alagasco	727.6		—		—		—
Total	$	937.8	$	247.1	$	210.2	$	247.1

The following table presents the total goodwill activity for the twelve months ended September 30, 2014:



($ Millions)	Laclede Group			Laclede Gas
September 30, 2013	$	247.1		$	247.1
MGE:
Working capital and other adjustments to acquisition cost	(25.9		)	(25.9		)
Sale of NEG	(11.0		)	(11.0		)
Alagasco Acquisition	727.6			—
September 30, 2014	$	937.8		$	210.2

Missouri Gas Energy (MGE)

Business Acquisition [Line Items]

Schedule of preliminary fair value of assets acquired and liabilities assumed

The following table summarizes the fair value of the MGE assets acquired and liabilities assumed at the date of the acquisition:



($ Millions)	September 1, 2013
Assets:
Utility plant	$	671.1
Other property and investments	3.3
Goodwill	210.2
Other Property and Investments	884.6
Accounts receivable and other current assets	36.0
Inventories	62.7
Total Current Assets	983.3
Deferred Charges:
Regulatory assets	81.4
Other	14.3
Total Deferred Charges	95.7
Total Assets Acquired	$	1,079.0

Liabilities:
Accounts payable	$	19.8
Taxes accrued	17.2
Other	28.9
Total Current Liabilities	65.9
Pension and postretirement benefit costs	24.5
Asset retirement obligations	32.1
Other	16.3
Total Deferred Credits and Other Liabilities	72.9
Total Liabilities Assumed	138.8
Net Assets Acquired	$	940.2

Schedule of Pro Forma Information

The amount of revenue and earnings of MGE included in Laclede Gas' Statements of Income and the Company's Statements of Consolidated Income subsequent to the September 1, 2013 acquisition date are as follows:



($ Millions, except per share data)	Year ended September 30, 2014		September 1, 2013 - September 30, 2013
Total net revenues	$	554.2	$	22.0
Net Income	39.5		1.8
Earnings per share:
Basic	$	1.10	$	0.07
Diluted	$	1.10	$	0.07

The following unaudited pro forma financial information presents the combined results of operations as if the MGE acquisition had occurred on October 1, 2012 and the Alagasco acquisition has occurred on October 1, 2013, respectively. The pro forma financial information does not reflect the costs of any integration activities. The pro forma results include estimates and assumptions, which management believes are reasonable. The unaudited pro forma financial information below is not necessarily indicative of either future results of operations or results that might have been achieved had Alagasco or MGE been part of the Company as of the beginning of fiscal years 2013 and 2012, respectively.



	Twelve Months Ended September 30,
($ Millions, except per share data)	2014		2013		2012
Total net revenues	$	2,187.1	$	2,051.5	$	1,581.4
Net Income	133.5		102.0		81.7
Earnings per share:
Basic	$	3.11	$	2.50	$	2.52
Diluted	$	3.10	$	2.49	$	2.51

The amount of revenue and earnings of Alagasco included in our Statements of Consolidated Income subsequent to the Closing Date are as follows:



($ Millions, except per share data)	September 1, 2014 - September 30, 2014
Total net revenues	$	19.7
Net Loss	(2.9		)
Earnings/(loss) per share:
Basic	$	(0.08	)
Diluted	$	(0.08	)

Alagasco

Business Acquisition [Line Items]

Schedule of preliminary fair value of assets acquired and liabilities assumed

The following table summarizes the preliminary fair value of assets acquired and liabilities assumed at the date of the Alagasco acquisition:



($ Millions)	August 31, 2014
Assets:
Utility plant	$	892.7
Accounts receivable	37.3
Inventories	47.7
Prepayments and other	26.6
Total Current Assets	1,004.3
Deferred Charges:
Regulatory assets	99.5
Deferred tax asset	278.4
Pension and other postretirement	25.7
Other	18.2
Total Deferred Charges	421.8
Total Assets Acquired	$	1,426.1

Liabilities:
Accounts payable	$	32.9
Customer deposits	19.9
Taxes accrued	28.4
Regulatory liabilities
Current portion of long-term debt	15.0
Other	92.2
Total Current Liabilities	188.4
Pension and postretirement benefit costs	27.9
Asset retirement obligations	30.6
Regulatory liabilities	56.1
Long-term debt	249.8
Other	15.8
Total Deferred Credits and Other Liabilities	380.2
Total Liabilities Assumed	$	568.6

Laclede Group
Goodwill	$	727.6
Deferred Tax Elimination	(267.8		)

Net Assets Acquired	$	1,317.3