10-K/A 1 w49865e10-ka.txt FORM 10-K/A UGI CORPORATION 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 --------------- FORM 10-K/A AMENDMENT NO. 1 TO ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2000 Commission file number 1-11071 UGI CORPORATION (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER) Pennsylvania 23-2668356 (STATE OR OTHER JURISDICTION (I.R.S. EMPLOYER IDENTIFICATION NO.) OF INCORPORATION OR ORGANIZATION) 460 North Gulph Road, King of Prussia, PA 19406 (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE) (610) 337-1000 (REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE) SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
NAME OF EACH EXCHANGE TITLE OF CLASS ON WHICH REGISTERED Common Stock, without par value New York Stock Exchange, Inc. Philadelphia Stock Exchange, Inc.
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: None ----------------------------------- 2 The undersigned registrant hereby amends its Annual Report on Form 10-K for the fiscal year ended September 30, 2000 to include the financial statements required by Form 11-K with respect to the UGI Utilities, Inc. Savings Plan and the AmeriGas Propane, Inc. Savings Plan, as set forth herein: PART IV: ADDITIONAL EXHIBITS, SCHEDULES AND REPORTS ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K (a) DOCUMENTS FILED AS PART OF THIS REPORT: (1), (2) The financial statements and financial statement schedules incorporated by reference or included in this report are listed in the accompanying Index to Financial Statements and Financial Statement Schedules set forth on pages F-2 through F-3 of this report, which is incorporated herein by reference. (3) LIST OF EXHIBITS: The exhibits filed as part of this report are as follows (exhibits incorporated by reference are set forth with the name of the registrant, the type of report and registration number or last date of the period for which it was filed, and the exhibit number in such filing):
-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 3.1 (Second) Amended and Restated Articles of UGI Amendment No. 1 on 3.(3)(a) Incorporation of the Company Form 8 to Form 8-B (4/10/92) -------------------------------------------------------------------------------------------------------------------------------- 3.2 Bylaws of UGI as in effect since October UGI Form 10-K (9/30/98) 3.2 27, 1998 --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 4 Instruments defining the rights of security holders, including indentures. (The Company agrees to furnish to the Commission upon request a copy of any instrument defining the rights of holders of long-term debt not required to be filed pursuant to Item 601(b)(4) of Regulation S-K) -------------------------------------------------------------------------------------------------------------------------------- 4.1 Rights Agreement, as amended as of August UGI Registration 4.3 18, 2000, between the Company and Mellon Statement No. Bank, N.A., successor to Mellon Bank (East) 333-49080 N.A., as Rights Agent, and Assumption Agreement dated April 7, 1992 -------------------------------------------------------------------------------------------------------------------------------- 4.2 The description of the Company's Common UGI Form 8-B/A (4/17/96) 3.(4) Stock contained in the Company's registration statement filed under the Securities Exchange Act of 1934, as amended -------------------------------------------------------------------------------------------------------------------------------- 4.3 UGI's (Second) Amended and Restated Articles of Incorporation and Bylaws referred to in 3.1 and 3.2 above -------------------------------------------------------------------------------------------------------------------------------- 4.4 Note Agreement dated as of April 12, 1995 AmeriGas Partners, Form 10-Q 10.8 among The Prudential Insurance Company of L.P. America, Metropolitan Life Insurance (3/31/95) Company, and certain other institutional investors and AmeriGas Propane, L.P., New AmeriGas Propane, Inc. and Petrolane Incorporated -------------------------------------------------------------------------------------------------------------------------------- 4.5 First Amendment dated as of September 12, AmeriGas Partners, Form 10-K (9/30/97) 4.5 1997 to Note Agreement dated as of April L.P. 12, 1995 --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 4.6 Second Amendment dated as of September 15, AmeriGas Partners, Form 10-K (9/30/98) 4.6 1998 to Note Agreement dated as of April L.P. 12, 1995 -------------------------------------------------------------------------------------------------------------------------------- 4.7 Third Amendment dated as of March 23, 1999 AmeriGas Partners, Form 10-Q (3/31/99) 10.2 to Note Agreement dated as of April 12, 1995 L.P. -------------------------------------------------------------------------------------------------------------------------------- 4.8 Fourth Amendment dated as of March 16, 2000 AmeriGas Partners, Form 10-Q (6/30/00) 10.2 to Note Agreement dated as of April 12, 1995 L.P. -------------------------------------------------------------------------------------------------------------------------------- 4.9 Second Amended and Restated Agreement of AmeriGas Partners, Form 8-K 1 Limited Partnership of AmeriGas Partners, L.P. (9/30/00) L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.1 Service Agreement (Rate FSS) dated as of UGI Form 10-K (9/30/95) 10.5 November 1, 1989 between Utilities and Columbia, as modified pursuant to the orders of the Federal Energy Regulatory Commission at Docket No. RS92-5-000 reported at Columbia Gas Transmission Corp., 64 FERC *61,060 (1993), order on rehearing, 64 FERC *61,365 (1993) --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 10.2 Service Agreement (Rate FTS) dated June 1, Utilities Form 10-K (12/31/90) (10)o. 1987 between Utilities and Columbia, as modified by Supplement No. 1 dated October 1, 1988; Supplement No. 2 dated November 1, 1989; Supplement No. 3 dated November 1, 1990; Supplement No. 4 dated November 1, 1990; and Supplement No. 5 dated January 1, 1991, as further modified pursuant to the orders of the Federal Energy Regulatory Commission at Docket No. RS92-5-000 reported at Columbia Gas Transmission Corp., 64 FERC *61,060 (1993), order on rehearing, 64 FERC *61,365 (1993) -------------------------------------------------------------------------------------------------------------------------------- 10.3 Transportation Service Agreement (Rate Utilities Form 10-K (12/31/90) (10)p. FTS-1) dated November 1, 1989 between Utilities and Columbia Gulf Transmission Company, as modified pursuant to the orders of the Federal Energy Regulatory Commission in Docket No. RP93-6-000 reported at Columbia Gulf Transmission Co., 64 FERC *61,060 (1993), order on rehearing, 64 FERC *61,365 (1993) -------------------------------------------------------------------------------------------------------------------------------- 10.4 Amended and Restated Sublease Agreement UGI Form 10-K (9/30/94) 10.35 dated April 1, 1988 between Southwest Salt Co. and AP Propane, Inc. (the "Southwest Salt Co. Agreement") --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 10.5 Letter dated July 8, 1998 pursuant to UGI Form 10-K (9/30/99) 10.5 Article 1, Section 1.2 of the Southwest Salt Co. Agreement re: option to renew for period of June 1, 2000 to May 31, 2005 and related extension notice -------------------------------------------------------------------------------------------------------------------------------- 10.6** UGI Corporation Directors Deferred UGI Form 10-K 10.6 Compensation Plan Amended and Restated as of January 1, 2000 (9/30/00) -------------------------------------------------------------------------------------------------------------------------------- 10.7** UGI Corporation 1992 Stock Option and UGI Form 10-Q (6/30/92) (10)ee Dividend Equivalent Plan, as amended May 19, 1992 -------------------------------------------------------------------------------------------------------------------------------- 10.8** UGI Corporation Annual Bonus Plan dated UGI Form 10-Q (6/30/96) 10.4 March 8, 1996 -------------------------------------------------------------------------------------------------------------------------------- 10.9** UGI Corporation Directors' Equity UGI Form 10-K 10.9 Compensation Plan Amended and Restated as of January 1, 2000 (9/30/00) -------------------------------------------------------------------------------------------------------------------------------- 10.10** UGI Corporation 1997 Stock Option and UGI Form 10-Q (3/31/97) 10.2 Dividend Equivalent Plan -------------------------------------------------------------------------------------------------------------------------------- 10.11** UGI Corporation 1992 Directors' Stock Plan UGI Form 10-Q (6/30/92) (10)ff -------------------------------------------------------------------------------------------------------------------------------- 10.12** UGI Corporation Senior Executive Employee UGI Form 10-K (9/30/97) 10.12 Severance Pay Plan effective January 1, 1997 -------------------------------------------------------------------------------------------------------------------------------- 10.13** UGI Corporation 2000 Directors' Stock UGI Form 10-K (9/30/99) 10.13 Option Plan -------------------------------------------------------------------------------------------------------------------------------- 10.14** UGI Corporation 2000 Stock Incentive Plan UGI Form 10-Q (6/30/00) 10.1 -------------------------------------------------------------------------------------------------------------------------------- 10.15** 1997 Stock Purchase Loan Plan UGI Form 10-K (9/30/97) 10.16 -------------------------------------------------------------------------------------------------------------------------------- 10.16** UGI Corporation Supplemental Executive UGI Form 10-Q (6/30/98) 10 Retirement Plan Amended and Restated effective October 1, 1996 --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 10.17** Summary of Terms of UGI Corporation 1999 UGI Form 10-Q (6/30/99) 10 Restricted Stock Awards -------------------------------------------------------------------------------------------------------------------------------- 10.18 Amended and Restated Credit Agreement dated AmeriGas Partners, Form 10-K 10.1 as of September 15, 1997 among AmeriGas L.P. Propane, L.P., AmeriGas Propane, Inc., (9/30/97) Petrolane Incorporated, Bank of America National Trust and Savings Association, as Agent, First Union National Bank, as Syndication Agent and certain banks -------------------------------------------------------------------------------------------------------------------------------- 10.19 First Amendment dated as of September 15, AmeriGas Partners, Form 10-K (9/30/98) 10.2 1998 to Amended and Restated Credit L.P. Agreement -------------------------------------------------------------------------------------------------------------------------------- 10.20 Second Amendment dated as of March 25, 1999 AmeriGas Partners, Form 10-Q (3/31/99) 10.1 to Amended and Restated Credit Agreement L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.21 Third Amendment dated as of March 22, 2000 AmeriGas Partners, Form 10-Q (6/30/00) 10.3 to Amended and Restated Credit Agreement L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.22 Fourth Amendment dated as of June 6, 2000 AmeriGas Partners, Form 10-Q (6/30/00) 10.4 to Amended and Restated Credit Agreement L.P. --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 10.23 Intercreditor and Agency Agreement dated as AmeriGas Partners, Form 10-Q (3/31/95) 10.2 of April 19, 1995 among AmeriGas Propane, L.P. Inc., Petrolane Incorporated, AmeriGas Propane, L.P., Bank of America National Trust and Savings Association ("Bank of America") as Agent, Mellon Bank, N.A. as Cash Collateral Sub-Agent, Bank of America as Collateral Agent and certain creditors of AmeriGas Propane, L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.24 General Security Agreement dated as of AmeriGas Partners, Form 10-Q (3/31/95) 10.3 April 19, 1995 among AmeriGas Propane, L.P. L.P., Bank of America National Trust and Savings Association and Mellon Bank, N.A. -------------------------------------------------------------------------------------------------------------------------------- 10.25 Subsidiary Security Agreement dated as of AmeriGas Partners, Form 10-Q (3/31/95) 10.4 April 19, 1995 among AmeriGas Propane, L.P. L.P., Bank of America National Trust and Savings Association as Collateral Agent and Mellon Bank, N.A. as Cash Collateral Agent -------------------------------------------------------------------------------------------------------------------------------- 10.26 Restricted Subsidiary Guarantee dated as of AmeriGas Partners, Form 10-Q (3/31/95) 10.5 April 19, 1995 by AmeriGas Propane, L.P. L.P. for the benefit of Bank of America National Trust and Savings Association, as Collateral Agent --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 10.27 Trademark License Agreement dated April 19, AmeriGas Partners, Form 10-Q (3/31/95) 10.6 1995 among UGI Corporation, AmeriGas, Inc., L.P. AmeriGas Propane, Inc., AmeriGas Partners, L.P. and AmeriGas Propane, L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.28 Trademark License Agreement, dated April AmeriGas Partners, Form 10-Q (3/31/95) 10.7 19, 1995 among AmeriGas Propane, Inc., L.P. AmeriGas Partners, L.P. and AmeriGas Propane, L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.29 Agreement dated as of May 1, 1996 between AmeriGas Partners, Form 10-K (9/30/97) 10.2 TE Products Pipeline Company, L.P. and L.P. AmeriGas Propane, L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.30 Pledge Agreement dated September 1999 UGI Form 10-K (9/30/99) 10.28 between Eastfield International Holdings, Inc. and Reiffeisen Zentralbank Osterreich Aktiengesellschaft ("RZB") -------------------------------------------------------------------------------------------------------------------------------- 10.31 Pledge Agreement dated September 1999 UGI Form 10-K (9/30/99) 10.29 between EuroGas Holdings, Inc. and RZB -------------------------------------------------------------------------------------------------------------------------------- 10.32 Form of Guarantee Agreement dated September UGI Form 10-K (9/30/99) 10.30 1999 between UGI Corporation and RZB relating to loan amount of EURO 74 million -------------------------------------------------------------------------------------------------------------------------------- 10.33 Form of Guarantee Agreement dated September UGI Form 10-K 10.33 2000 between UGI Corporation and RZB relating to loan amount of EURO 14.9 million (9/30/00) -------------------------------------------------------------------------------------------------------------------------------- 10.34 Form of Guarantee Agreement dated September UGI Form 10-K 10.34 2000 between UGI Corporation and RZB relating to loan amount of EURO 9 million (9/30/00) --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 10.35** Description of Change of Control UGI Form 10-K (9/30/99) 10.33 arrangements for Messrs. Greenberg, Bovaird and Mendicino -------------------------------------------------------------------------------------------------------------------------------- 10.36** Description of Change of Control UGI Form 10-K (9/30/99) 10.34 arrangement for Mr. Chaney -------------------------------------------------------------------------------------------------------------------------------- 10.37** Description of Change of Control AmeriGas Partners, Form 10-K (9/30/99) 10.31 arrangement for Mr. Bissell L.P. -------------------------------------------------------------------------------------------------------------------------------- 10.38** Consulting Services Agreement dated as of UGI Form 10-K (9/30/00) 10.38 August 1, 2000 between Stephen D. Ban and UGI Corporation -------------------------------------------------------------------------------------------------------------------------------- 10.39** 1992 Non-Qualified Stock Option Plan, as UGI Form 10-K (9/30/00) 10.39 amended -------------------------------------------------------------------------------------------------------------------------------- 10.40 Service Agreement for comprehensive UGI Form 10-K (9/30/00) 10.40 delivery service (Rate CDS) dated February 23, 1998 between UGI Utilities, Inc. and Texas Eastern Transmission Corporation -------------------------------------------------------------------------------------------------------------------------------- 10.41 Service Agreement for comprehensive UGI Form 10-K (9/30/00) 10.41 delivery service (Rate CDS) dated February 23, 1999 between UGI Utilities, Inc. and Texas Eastern Transmission Corporation -------------------------------------------------------------------------------------------------------------------------------- 13 Pages 13 through 47 of 2000 Annual Report UGI Form 10-K (9/30/99) 13 to Shareholders -------------------------------------------------------------------------------------------------------------------------------- 21 Subsidiaries of the Registrant UGI Form 10-K (9/30/00) 21 --------------------------------------------------------------------------------------------------------------------------------
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-------------------------------------------------------------------------------------------------------------------------------- INCORPORATION BY REFERENCE -------------------------------------------------------------------------------------------------------------------------------- EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT -------------------------------------------------------------------------------------------------------------------------------- 23 Consent of Arthur Andersen LLP UGI Form 10-K (9/30/00) 23 -------------------------------------------------------------------------------------------------------------------------------- *23.1 Consent of Arthur Andersen LLP re: Financial Statements and Supplemental Schedule of UGI Utilities, Inc. Savings Plan and AmeriGas Propane, Inc. Savings Plan for the year ended December 31, 2000 -------------------------------------------------------------------------------------------------------------------------------- 27 Financial Data Schedule UGI Form 10-K (9/30/00) 27 -------------------------------------------------------------------------------------------------------------------------------- *99 Financial Statements and Supplemental Schedule of UGI Utilities, Inc. Savings Plan and AmeriGas Propane, Inc. Savings Plan for the year ended December 31, 2000 --------------------------------------------------------------------------------------------------------------------------------
* Filed herewith. ** As required by Item 14(a)(3), this exhibit is identified as a compensatory plan or arrangement. (b) Reports on Form 8-K: The Company filed no Current Reports on Form 8-K during the last quarter of fiscal year 2000. 12 SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned. UGI CORPORATION Date: June 27, 2001 By: /s/ Anthony J. Mendicino ------------------------------- Anthony J. Mendicino Vice President - Finance and Chief Financial Officer 13 EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION ----------- ----------- 23.1 Consent of Arthur Andersen LLP re: Financial Statements and Supplemental Schedule of UGI Utilities, Inc. Savings Plan and AmeriGas Propane, Inc. Savings Plan for the year ended December 31, 2000 99 Financial Statements and Supplemental Schedule of UGI Utilities, Inc. Savings Plan and AmeriGas Propane, Inc. Savings Plan for the year ended December 31, 2000