SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Sep. 30, 2015

The following table presents a reconciliation of the beginning and ending balances of asset retirement obligations at September 30, as reported in the balance sheets.



	Laclede Group						Laclede Gas						Alagasco
	2015			2014			2015			2014			2015			2014
Asset retirement obligations, beginning of year	$	99.2		$	74.6		$	71.2		$	74.3		$	27.7		$	27.5
Liabilities incurred during the period	2.3			0.5			0.6			0.5			1.7			0.5
Liabilities settled during the period	(2.0		)	(1.5		)	(1.9		)	(1.5		)	(0.1		)	(0.1		)
Accretion	4.5			3.7			3.4			3.7			1.1			0.7
Revisions in estimated cash flows	55.2			(5.8		)	(0.9		)	(5.8		)	56.2			(0.9		)
Addition of Alagasco asset retirement obligation	—			27.7			—			—			—			—
Asset retirement obligations, end of year	$	159.2		$	99.2		$	72.4		$	71.2		$	86.6		$	27.7

Off-system sales

The customer share of such income is determined in accordance with the following tables, shown for each service territory for which the PGA clauses were approved by the MoPSC.



Laclede Gas Company (eastern Missouri)
Pre-tax Income	Customer Share	Company Share
First $2.0*	100%	—%
Next $2.0	80%	20%
Next $2.0	75%	25%
Amounts exceeding $6.0	70%	30%
* Customer share reverts to 85% and company share reverts to 15% in 2017.

MGE (western Missouri)
Pre-tax Income	Customer Share	Company Share
First $1.2	85%	15%
Next $1.2	80%	20%
Next $1.2	75%	25%
Amounts exceeding $3.6	70%	30%

Schedule of gross receipts taxes

The following table presents gross receipts taxes recorded:



	2015		2014		2013
Laclede Group	$	97.3	$	77.5	$	40.8
Laclede Gas	74.5		76.3		40.8
Alagasco	22.6		20.6		25.9
All Other	0.2		0.2		—

Schedule of inter-company transactions

Laclede Gas had the following transactions with affiliates:



	2015		2014		2013
Sales of natural gas from Laclede Gas to LER	$	4.0	$	5.1	$	10.4
Sales of natural gas from LER to Laclede Gas	74.1		89.1		34.6
Transportation services provided by Laclede Pipeline Company to Laclede Gas	1.0		1.0		1.0
Insurance services provided by Laclede Risk Services, Inc. to Laclede Gas	1.0		0.6		0.7
CNG sales from Laclede Gas to Laclede Venture Corporation	0.1		—		—