Restatements of Condensed Consolidated Financial Statements (Tables)

9 Months Ended

Jun. 30, 2014

Revisions of Condensed Consolidated Financial Statements [Abstract]

Condensed Consolidated Balance Sheet

Condensed Consolidated Balance Sheet

	June 30, 2013
	As Previously Reported			Adjustment			As Revised
Assets:
Deferred income taxes	$	27.3		$	(20.7	)	$	6.6
Property, plant and equipment	$	4,325.0		$	(1.3	)	$	4,323.7
Liabilities and equity:
Deferred income taxes	$	956.9		$	(23.4	)	$	933.5
Other noncurrent liabilities	$	613.5		$	3.4		$	616.9
Retained earnings	$	1,361.9		$	(7.0	)	$	1,354.9
Accumulated other comprehensive loss	$	(30.7	)	$	3.3		$	(27.4	)
Noncontrolling interests, principally in AmeriGas Partners	$	1,132.2		$	1.7		$	1,133.9

Condensed Consolidated Statement of Income

Condensed Consolidated Statement of Income

	For the three months ended June 30, 2013									For the nine months ended June 30, 2013
	As Previously Reported			Adjustment			As Revised			As Previously Reported			Adjustment			As Revised
Revenues	$	1,372.3		$	2.0		$	1,374.3		$	5,932.6		$	3.1		$	5,935.7
Cost of sales	$	827.9		$	8.9		$	836.8		$	3,547.3		$	(8.3	)	$	3,539.0
Operating and administrative expenses	$	404.7		$	2.8		$	407.5		$	1,297.4		$	(1.5	)	$	1,295.9
Depreciation	$	76.5		$	(0.1	)	$	76.4		$	220.0		$	2.9		$	222.9
Other income, net	$	(9.0	)	$	2.0		$	(7.0	)	$	(26.5	)	$	2.0		$	(24.5	)
Operating income	$	53.1		$	(11.6	)	$	41.5		$	835.4		$	8.0		$	843.4
Interest expense	$	(59.2	)	$	—		$	(59.2	)	$	(179.6	)	$	(1.2	)	$	(180.8	)
Income (loss) before income taxes	$	(6.1	)	$	(11.6	)	$	(17.7	)	$	655.9		$	6.8		$	662.7
Income taxes	$	(9.0	)	$	3.9		$	(5.1	)	$	(174.1	)	$	(1.9	)	$	(176.0	)
Net (loss) income	$	(15.1	)	$	(7.7	)	$	(22.8	)	$	481.8		$	4.9		$	486.7
Add net loss (deduct net income) attributable to noncontrolling interests, principally in AmeriGas Partners	$	29.8		$	2.1		$	31.9		$	(192.6	)	$	(1.8	)	$	(194.4	)
Net income attributable to UGI Corporation	$	14.7		$	(5.6	)	$	9.1		$	289.2		$	3.1		$	292.3
Basic earnings per common share	$	0.13					$	0.08		$	2.54					$	2.57
Diluted earnings per common share	$	0.13					$	0.08		$	2.51					$	2.54

Condensed Consolidated Statement of Comprehensive Income

Condensed Consolidated Statement of Comprehensive Income

	For the three months ended June 30, 2013									For the nine months ended June 30, 2013
	As Previously Reported			Adjustment			As Revised			As Previously Reported			Adjustment			As Revised
Net (loss) income	$	(15.1	)	$	(7.7	)	$	(22.8	)	$	481.8		$	4.9		$	486.7
Net losses on derivative instruments	$	(11.0	)	$	3.4		$	(7.6	)	$	(11.1	)	$	3.9		$	(7.2	)
Reclassifications of net losses on derivative instruments	$	8.9		$	0.8		$	9.7		$	59.7		$	(7.4	)	$	52.3
Other comprehensive income	$	7.0		$	4.2		$	11.2		$	51.0		$	(3.5	)	$	47.5
Comprehensive (loss) income	$	(8.1	)	$	(3.5	)	$	(11.6	)	$	532.8		$	1.4		$	534.2
Add comprehensive loss (deduct comprehensive income) attributable to noncontrolling interests, principally in AmeriGas Partners	$	37.8		$	2.1		$	39.9		$	(212.2	)	$	(1.8	)	$	(214.0	)
Comprehensive income attributable to UGI Corporation	$	29.7		$	(1.4	)	$	28.3		$	320.6		$	(0.4	)	$	320.2

Condensed Consolidated Statements of Cash Flow

Condensed Consolidated Statements of Cash Flows

	For the nine months ended June 30, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:	As Previously Reported			Adjustment			As Revised
Net income	$	481.8		$	4.9		$	486.7
Depreciation and amortization	$	266.3		$	2.9		$	269.2
Deferred income taxes, net	$	35.5		$	(3.3	)	$	32.2
Net change in realized gains and losses deferred as cash flow hedges	$	5.0		$	(5.0	)	$	—
Unrealized losses on derivative instruments	$	—		$	(0.7	)	$	(0.7	)
Other, net	$	(11.3	)	$	7.7		$	(3.6	)
Net change in:
Accounts receivable and accrued utility revenues	$	(141.1	)	$	(5.1	)	$	(146.2	)
Inventories	$	54.1		$	(2.8	)	$	51.3
Accounts payable	$	(26.9	)	$	1.4		$	(25.5	)
Other current liabilities	$	(73.8	)	$	—		$	(73.8	)

Condensed Consolidated Statements of Changes in Equity

Condensed Consolidated Statements of Changes in Equity

	For the nine months ended June 30, 2013
	As Previously Reported			Adjustment			As Revised
Retained earnings	$	1,361.9		$	(7.0	)	$	1,354.9
Accumulated other comprehensive loss	$	(30.7	)	$	3.3		$	(27.4	)
Noncontrolling interests	$	1,132.2		$	1.7		$	1,133.9