Acquisition of Totalgaz (Tables)

9 Months Ended

Jun. 30, 2016

Schedule of Preliminary Purchase Price Allocation

The components of the Totalgaz purchase price allocation are as follows:



Assets acquired:
Cash	$	86.8
Accounts receivable (a)	170.3
Prepaid expenses and other current assets	11.0
Property, plant and equipment	375.6
Intangible assets (b)	91.3
Other assets	21.4
Total assets acquired	$	756.4

Liabilities assumed:
Accounts payable	109.2
Other current liabilities	103.5
Deferred income taxes	117.5
Other noncurrent liabilities	113.4
Total liabilities assumed	$	443.6
Goodwill	183.8
Net consideration transferred (including working capital adjustments)	$	496.6


(a)	Approximates the gross contractual amounts of receivables acquired.


(b)	Comprises $79.3 of customer relationships and $12.0 of tradenames.

Schedule of Pro Forma Information

The following table presents unaudited pro forma revenues, net income attributable to UGI Corporation and earnings per share data for the three and nine months ended June 30, 2015 as if the Totalgaz Acquisition had occurred on October 1, 2014. The unaudited pro forma consolidated information reflects the historical results of Totalgaz SAS and its subsidiaries after giving effect to adjustments directly attributable to the transaction, including depreciation, amortization, interest expense, intercompany eliminations and related income tax effects. The unaudited pro forma net income also reflects the effects of the issuance of the €600 term loan under France SAS’s 2015 Senior Facilities Agreement and the associated repayment of the term loan outstanding under Antargaz’ 2011 Senior Facilities Agreement as if such transactions had occurred on October 1, 2014.



	Three Months Ended June 30, 2015				Nine Months Ended June 30, 2015
	As Reported		Pro Forma Adjusted		As Reported		Pro Forma Adjusted
Revenues	$	1,148.1	$	1,204.2	$	5,608.3	$	5,983.0
Net income attributable to UGI Corporation	$	9.6	$	16.3	$	290.2	$	348.5
Earnings per common share attributable to UGI Corporation stockholders:
Basic	$	0.06	$	0.09	$	1.68	$	2.01
Diluted	$	0.05	$	0.09	$	1.65	$	1.98