REGULATORY MATTERS (Tables)

12 Months Ended

Sep. 30, 2014

A portion of the Company's regulatory assets are not earning a return and are shown in the schedule below:



	Laclede Group				Laclede Gas
($ Millions)	2014		2013		2014		2013
Regulatory Assets Not Earning a Return:
Future income taxes due from customers	$	117.0	$	112.9	$	117.0	$	112.9
Pension and postretirement benefit costs	312.1		259.9		240.9		259.9
Compensated absences	8.2		8.0		8.2		8.0
Other	7.8		7.6		7.8		7.6
Total Regulatory Assets Not Earning a Return	$	445.1	$	388.4	$	373.9	$	388.4

The following regulatory assets and regulatory liabilities were reflected in the Company's Consolidated Balance Sheets and Laclede Gas' Balance Sheets as of September 30, 2014 and 2013, respectively. Unamortized Purchased Gas Adjustments are also included below, which are listed in the current assets section of each balance sheet.



($ Millions)	Laclede Group				Laclede Gas
	2014		2013		2014		2013
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	1.3	$	—	$	—	$	—
Unamortized purchased gas adjustments	54.0		17.5		54.0		17.5
Other	2.4		—		—		—
Sub Total Regulatory Assets (current)	57.7		17.5		54.0		17.5
Non-current:
Future income taxes due from customers	117.0		112.9		117.0		112.9
Pension and postretirement benefit costs	451.6		381.4		380.4		381.4
Rate recovery of asset removal cost	2.8		—		—		—
Accretion and depreciation of asset retirement obligations	18.4		—		—		—
Enhanced stability reserve	3.3		—		—		—
Purchased gas costs	4.3		18.2		4.3		18.2
Compensated absences	8.2		8.0		8.2		8.0
Other	31.8		25.4		31.8		25.4
Sub Total Regulatory Assets (non-current)	637.4		545.9		541.7		545.9
Total Regulatory Assets	$	695.1	$	563.4	$	595.7	$	563.4

Regulatory Liabilities:
Current:
Pension and postretirement benefit costs	$	19.8	$	—	$	—	$	—
Refundable negative salvage	13.3		—		—		—
Other	5.2		—		—		—
Total Regulatory Liabilities (current)	38.3		—		—		—
Non-current:
Unamortized investment tax credits	2.7		2.9		2.7		2.9
Postretirement liabilities	28.4		—		—		—
Refundable negative salvage	26.8		—		—		—
Accrued cost of removal	60.5		59.1		60.5		59.0
Other	10.4		23.5		9.5		2.9
Total Regulatory Liabilities (non-current)	128.8		85.5		72.7		64.8
Total Regulatory Liabilities	$	167.1	$	85.5	$	72.7	$	64.8

Schedule of regulatory liabilities



($ Millions)	Laclede Group				Laclede Gas
	2014		2013		2014		2013
Regulatory Assets:
Current:
Pension and postretirement benefit costs	$	1.3	$	—	$	—	$	—
Unamortized purchased gas adjustments	54.0		17.5		54.0		17.5
Other	2.4		—		—		—
Sub Total Regulatory Assets (current)	57.7		17.5		54.0		17.5
Non-current:
Future income taxes due from customers	117.0		112.9		117.0		112.9
Pension and postretirement benefit costs	451.6		381.4		380.4		381.4
Rate recovery of asset removal cost	2.8		—		—		—
Accretion and depreciation of asset retirement obligations	18.4		—		—		—
Enhanced stability reserve	3.3		—		—		—
Purchased gas costs	4.3		18.2		4.3		18.2
Compensated absences	8.2		8.0		8.2		8.0
Other	31.8		25.4		31.8		25.4
Sub Total Regulatory Assets (non-current)	637.4		545.9		541.7		545.9
Total Regulatory Assets	$	695.1	$	563.4	$	595.7	$	563.4

Regulatory Liabilities:
Current:
Pension and postretirement benefit costs	$	19.8	$	—	$	—	$	—
Refundable negative salvage	13.3		—		—		—
Other	5.2		—		—		—
Total Regulatory Liabilities (current)	38.3		—		—		—
Non-current:
Unamortized investment tax credits	2.7		2.9		2.7		2.9
Postretirement liabilities	28.4		—		—		—
Refundable negative salvage	26.8		—		—		—
Accrued cost of removal	60.5		59.1		60.5		59.0
Other	10.4		23.5		9.5		2.9
Total Regulatory Liabilities (non-current)	128.8		85.5		72.7		64.8
Total Regulatory Liabilities	$	167.1	$	85.5	$	72.7	$	64.8