Three Months Ended June 30, 2011:


							Reportable Segments
																			International Propane
							AmeriGas			Gas			Electric			Energy						Flaga &			Corporate
	Total			Elims.			Propane			Utility			Utility			Services			Antargaz			Other			& Other (b)
Revenues	$	1,105.4		$	(40.0	) (c)	$	470.8		$	148.1		$	24.1		$	217.1		$	161.0		$	102.3		$	22.0

Cost of sales	$	731.0		$	(39.1	) (c)	$	300.8		$	78.8		$	14.6		$	193.1		$	95.3		$	74.6		$	12.9

Segment profit:
Operating income (loss)	$	17.2		$	—		$	6.7		$	17.2		$	2.4		$	8.4		$	(11.4	)	$	(3.6	)	$	(2.5	)
Loss from equity investees		(0.2	)		—			—			—			—			—			(0.2	)		—			—
Interest expense		(35.0	)		—			(15.7	)		(9.9	)		(0.7	)		(0.6	)		(7.1	)		(0.8	)		(0.2	)

(Loss) income before income taxes	$	(18.0	)	$	—		$	(9.0	)	$	7.3		$	1.7		$	7.8		$	(18.7	)	$	(4.4	)	$	(2.7	)


Partnership EBITDA (a)							$	31.1
Noncontrolling interests’ net loss	$	(6.3	)	$	—		$	(6.1	)	$	—		$	—		$	—		$	(0.2	)	$	—		$	—
Depreciation and amortization	$	57.8		$	—		$	24.5		$	11.6		$	1.1		$	1.8		$	13.5		$	4.7		$	0.6

Capital expenditures	$	78.5		$	—		$	18.6		$	20.9		$	1.0		$	18.7		$	12.0		$	6.6		$	0.7

Total assets (at period end)	$	6,673.7		$	(81.0	)	$	1,772.1		$	2,002.0		$	156.5		$	572.2		$	1,678.2		$	407.3		$	166.4

Bank loans (at period end)	$	206.1		$	—		$	176.0		$	—		$	—		$	—		$	—		$	30.1		$	—

Goodwill (at period end)	$	1,612.0		$	—		$	695.8		$	180.1		$	—		$	2.8		$	641.1		$	85.3		$	6.9

Three Months Ended June 30, 2010:


							Reportable Segments
																		International Propane
							AmeriGas			Gas			Electric			Energy					Flaga &			Corporate
	Total			Elims.			Propane			Utility			Utility			Services		Antargaz			Other			& Other (b)
Revenues	$	961.9		$	(22.2	) (c)	$	396.6		$	149.1		$	25.3		$	198.6	$	150.8		$	41.0		$	22.7

Cost of sales	$	615.5		$	(20.7	) (c)	$	235.8		$	83.0		$	15.8		$	177.3	$	81.9		$	30.0		$	12.4

Segment profit:
Operating income (loss)	$	31.2		$	(0.4	)	$	5.3		$	13.8		$	2.6		$	6.9	$	4.3		$	(1.4	)	$	0.1
Loss from equity investees		(1.9	)		—			—			—			—			—		(1.9	)		—			—
Interest expense		(33.6	)		—			(17.0	)		(10.0	)		(0.4	)		—		(5.3	)		(0.7	)		(0.2	)

(Loss) income before income taxes	$	(4.3	)	$	(0.4	)	$	(11.7	)	$	3.8		$	2.2		$	6.9	$	(2.9	)	$	(2.1	)	$	(0.1	)


Partnership EBITDA (a)							$	27.2
Noncontrolling interests’ net loss (income)	$	(7.6	)	$	0.1		$	(7.5	)	$	—		$	—		$	—	$	(0.2	)	$	—		$	—
Depreciation and amortization	$	51.7		$	—		$	21.8		$	12.5		$	1.0		$	2.0	$	11.5		$	2.6		$	0.3

Capital expenditures	$	83.1		$	—		$	14.4		$	16.1		$	2.3		$	34.3	$	12.8		$	2.0		$	1.2

Total assets (at period end)	$	5,831.6		$	(69.3	)	$	1,658.4		$	1,829.4		$	120.4		$	463.3	$	1,446.4		$	231.2		$	151.8

Bank loans (at period end)	$	35.2		$	—		$	15.0		$	—		$	—		$	—	$	—		$	20.2		$	—

Goodwill (at period end)	$	1,475.9		$	(3.9	)	$	674.8		$	180.1		$	—		$	11.8	$	540.6		$	65.6		$	6.9


(a)		The following table provides a reconciliation of Partnership EBITDA to AmeriGas Propane operating income:


Three months ended June 30,	2011			2010

Partnership EBITDA	$	31.1		$	27.2
Depreciation and amortization		(24.5	)		(21.8	)
Noncontrolling interest (i)		0.1			(0.1	)

Operating income	$	6.7		$	5.3


(i)		Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.

(b)		Corporate & Other results principally comprise UGI Enterprises’ heating, ventilation, air-conditioning, refrigeration and electrical contracting business (“HVAC/R”), net expenses of UGI’s captive general liability insurance company, UGI Corporation’s unallocated corporate and general expenses and interest income. Corporate & Other assets principally comprise cash, short-term investments, assets of HVAC/R and an intercompany loan. The intercompany loan and associated interest is removed in the segment presentation.

(c)		Principally represents the elimination of intersegment transactions principally among Midstream & Marketing, Gas Utility and AmeriGas Propane.

Nine Months Ended June 30, 2011:


							Reportable Segments
																			International Propane
							AmeriGas			Gas			Electric			Energy						Flaga &			Corporate
	Total			Elims.			Propane			Utility			Utility			Services			Antargaz			Other			& Other (b)
Revenues	$	5,052.0		$	(172.9	) (c)	$	2,077.8		$	921.7		$	84.7		$	857.0		$	889.7		$	332.4		$	61.6

Cost of sales	$	3,317.5		$	(170.3	) (c)	$	1,300.9		$	562.3		$	53.4		$	738.6		$	554.0		$	243.8		$	34.8

Segment profit:
Operating income (loss)	$	626.5		$	0.2		$	252.9		$	193.2		$	9.0		$	76.7		$	101.0		$	(0.2	)	$	(6.3	)
Loss from equity investees		(0.8	)		—			—			—			—			—			(0.8	)		—			—
Loss on extinguishment of debt		(18.8	)		—			(18.8	)		—			—			—			—			—			—
Interest expense		(102.6	)		—			(47.4	)		(30.2	)		(1.8	)		(2.0	)		(18.5	)		(2.1	)		(0.6	)

Income (loss) before income taxes	$	504.3		$	0.2		$	186.7		$	163.0		$	7.2		$	74.7		$	81.7		$	(2.3	)	$	(6.9	)


Partnership EBITDA (a)							$	301.9
Noncontrolling interests’ net income	$	101.8		$	—		$	101.2		$	—		$	—		$	—		$	0.6		$	—		$	—
Depreciation and amortization	$	168.6		$	—		$	70.4		$	36.1		$	3.1		$	5.4		$	38.4		$	13.7		$	1.5

Capital expenditures	$	246.1		$	—		$	59.2		$	54.5		$	5.1		$	81.5		$	31.8		$	12.6		$	1.4

Total assets (at period end)	$	6,673.7		$	(81.0	)	$	1,772.1		$	2,002.0		$	156.5		$	572.2		$	1,678.2		$	407.3		$	166.4

Bank loans (at period end)	$	206.1		$	—		$	176.0		$	—		$	—		$	—		$	—		$	30.1		$	—

Goodwill (at period end)	$	1,612.0		$	—		$	695.8		$	180.1		$	—		$	2.8		$	641.1		$	85.3		$	6.9

Nine Months Ended June 30, 2010:


							Reportable Segments
																		International Propane
							AmeriGas			Gas			Electric			Energy					Flaga &			Corporate
	Total			Elims.			Propane			Utility			Utility			Services		Antargaz			Other			& Other (b)
Revenues	$	4,701.0		$	(146.9	) (c)	$	1,939.3		$	922.3		$	90.9		$	949.5	$	755.3		$	129.8		$	60.8

Cost of sales	$	3,009.2		$	(142.3	) (c)	$	1,165.1		$	584.2		$	58.0		$	830.9	$	394.4		$	86.8		$	32.1

Segment profit:
Operating income (loss)	$	640.4		$	(0.7	)	$	261.2		$	168.6		$	11.1		$	75.4	$	123.4		$	4.2		$	(2.8	)
Loss from equity investees		(1.9	)		—			—			—			—			—		(1.8	)		(0.1	)		—
Interest expense		(101.9	)		—			(50.2	)		(30.5	)		(1.3	)		—		(17.1	)		(2.3	)		(0.5	)

Income (loss) before income taxes	$	536.6		$	(0.7	)	$	211.0		$	138.1		$	9.8		$	75.4	$	104.5		$	1.8		$	(3.3	)


Partnership EBITDA (a)							$	323.7
Noncontrolling interests’ net income	$	115.2		$	0.1		$	114.5		$	—		$	—		$	—	$	0.6		$	—		$	—
Depreciation and amortization	$	157.3		$	(0.1	)	$	65.0		$	37.0		$	3.0		$	6.0	$	37.2		$	8.2		$	1.0

Capital expenditures	$	229.4		$	—		$	59.8		$	40.6		$	3.9		$	84.7	$	32.1		$	5.7		$	2.6

Total assets (at period end)	$	5,831.6		$	(69.3	)	$	1,658.4		$	1,829.4		$	120.4		$	463.3	$	1,446.4		$	231.2		$	151.8

Bank loans (at period end)	$	35.2		$	—		$	15.0		$	—		$	—		$	—	$	—		$	20.2		$	—

Goodwill (at period end)	$	1,475.9		$	(3.9	)	$	674.8		$	180.1		$	—		$	11.8	$	540.6		$	65.6		$	6.9


(a)		The following table provides a reconciliation of Partnership EBITDA to AmeriGas Propane operating income:


Nine months ended June 30,	2011			2010

Partnership EBITDA	$	301.9	(ii)	$	323.7	(iii)
Depreciation and amortization		(70.4	)		(65.0	)
Loss on extinguishment of debt		18.8			—
Noncontrolling interest (i)		2.6			2.5

Operating income	$	252.9		$	261.2


(i)		Principally represents the General Partner’s 1.01% interest in AmeriGas OLP.

(ii)		Includes $18.8 loss associated with the extinguishment of Partnership debt.

(iii)		Includes $12.2 loss associated with the discontinuance of Partnership interest rate protection agreements.

(b)		Corporate & Other results principally comprise UGI Enterprises’ heating, ventilation, air-conditioning, refrigeration and electrical contracting business (“HVAC/R”), net expenses of UGI’s captive general liability insurance company, UGI Corporation’s unallocated corporate and general expenses and interest income. Corporate & Other assets principally comprise cash, short-term investments, assets of HVAC/R and an intercompany loan. The intercompany loan and associated interest is removed in the segment presentation.

(c)		Principally represents the elimination of intersegment transactions principally among Midstream & Marketing, Gas Utility and AmeriGas Propane.