Inventories

Inventories comprise the following:



	June 30, 2013		September 30, 2012		June 30, 2012
Non-utility LPG and natural gas	$	194.6	$	240.7	$	220.1
Gas Utility natural gas	43.1		57.7		27.8
Materials, supplies and other	66.3		58.5		69.4
Total inventories	$	304.0	$	356.9	$	317.3

At June 30, 2013, UGI Utilities is a party to three principal storage contract administrative agreements (“SCAAs”), one of which expires in October 2013 and two of which expire in October 2015. Pursuant to SCAAs, UGI Utilities has, among other things, released certain storage and transportation contracts for the terms of the SCAAs. UGI Utilities also transferred certain associated storage inventories upon commencement of the SCAAs, will receive a transfer of storage inventories at the end of the SCAAs, and makes payments associated with refilling storage inventories during the term of the SCAAs. The historical cost of natural gas storage inventories released under the SCAAs, which represents a portion of Gas Utility’s total natural gas storage inventories, and any exchange receivable (representing amounts of natural gas inventories used by the other parties to the agreement but not yet replenished), are included in the caption “Gas Utility natural gas” in the table above.

As of June 30, 2013, UGI Utilities’ principal SCAAs are with Energy Services. The carrying values of natural gas storage inventories released under SCAAs with non-affiliates at September 30, 2012 and June 30, 2012, comprising 3.8 billion cubic feet (“bcf”) and 1.9 bcf of natural gas, were $11.4 and $5.3, respectively.