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Schedule I Parent Only Balance Sheets, Statements Of Earnings And Cash Flows (Tables) (Parent Company [Member])
12 Months Ended
Jul. 31, 2012
Parent Company [Member]
 
Schedule Of Parent Only Statement Of Cash

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FERRELLGAS PARTNERS, L.P.

PARENT ONLY

 

 

 

 

 

 

 

 

 

 

STATEMENTS OF CASH FLOWS

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31,

 

 

2012

 

2011

 

2010

Cash flows from operating activities:

 

 

 

 

 

 

 

 

 

Net earnings (loss)

 

$

(10,952)

 

$

(43,648)

 

$

32,709 

Reconciliation of net earnings (loss) to net cash used in operating activities:

 

 

 

 

 

 

 

 

 

Other

 

 

398 

 

 

1,509 

 

 

1,182 

Equity in (earnings) loss of Ferrellgas, L.P.

 

 

(5,533)

 

 

10,950 

 

 

(61,731)

Net cash used in operating activities

 

 

(16,087)

 

 

(31,189)

 

 

(27,840)

 

 

 

 

 

 

 

 

 

 

Cash flows from investing activities:

 

 

 

 

 

 

 

 

 

Distributions received from Ferrellgas, L.P.

 

 

172,218 

 

 

272,777 

 

 

191,822 

Cash contributed to Ferrellgas, L.P.

 

 

(50,700)

 

 

(157,680)

 

 

(51,300)

Net cash provided by investing activities

 

 

121,518 

 

 

115,097 

 

 

140,522 

 

 

 

 

 

 

 

 

 

 

Cash flows from financing activities:

 

 

 

 

 

 

 

 

 

Distributions

 

 

(156,520)

 

 

(145,002)

 

 

(139,763)

Cash paid for financing costs

 

 

(135)

 

 

(173)

 

 

(6,275)

Proceeds from increase in long-term debt

 

 

 -

 

 

 -

 

 

280,000 

Reductions in long-term debt

 

 

 -

 

 

(98,000)

 

 

(268,000)

Issuance of common units (net of issuance costs of $62, $300 and $18 for the years ended July 31, 2012, 2011 and 2010, respectively

 

 

49,938 

 

 

157,212 

 

 

19,949 

Proceeds from exercise of common unit options

 

 

891 

 

 

544 

 

 

1,189 

Other

 

 

511 

 

 

1,594 

 

 

214 

Net cash used in financing activities

 

 

(105,315)

 

 

(83,825)

 

 

(112,686)

 

 

 

 

 

 

 

 

 

 

Increase (decrease) in cash and cash equivalents

 

 

116 

 

 

83 

 

 

(4)

Cash and cash equivalents - beginning of year

 

 

95 

 

 

12 

 

 

16 

Cash and cash equivalents - end of year

 

$

211 

 

$

95 

 

$

12 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Parent Only Statement Of Earnings

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FERRELLGAS PARTNERS, L.P.

PARENT ONLY

 

 

 

 

 

 

 

 

 

 

STATEMENTS OF EARNINGS

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the year ended July 31,

 

 

2012

 

2011

 

2010

 

 

 

 

 

 

 

 

 

 

Equity in earnings (loss) of Ferrellgas, L.P.

 

$

5,533 

 

$

(10,950)

 

$

61,731 

Operating expense

 

 

(350)

 

 

(358)

 

 

(424)

 

 

 

 

 

 

 

 

 

 

Operating income (loss)

 

 

5,183 

 

 

(11,308)

 

 

61,307 

 

 

 

 

 

 

 

 

 

 

Interest expense

 

 

(16,127)

 

 

(21,811)

 

 

(24,498)

Loss on extinguishment of debt

 

 

 -

 

 

(10,513)

 

 

(3,408)

Other income (expense), net

 

 

 -

 

 

 -

 

 

(666)

Income tax expense

 

 

(8)

 

 

(16)

 

 

(26)

 

 

 

 

 

 

 

 

 

 

Net earnings (loss)

 

$

(10,952)

 

$

(43,648)

 

$

32,709 

 

 

 

 

 

 

 

 

 

 

 

Schedule Of Parent Only Balance Sheet

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule 1

FERRELLGAS PARTNERS, L.P.

PARENT ONLY

 

 

 

 

 

 

 

BALANCE SHEETS

(in thousands, except unit data)

 

 

 

 

 

 

 

 

 

July 31,

 

 

 

2012

 

2011

ASSETS

 

 

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents

 

$

211 

 

$

95 

Prepaid expenses and other current assets

 

 

40 

 

 

18 

Investment in Ferrellgas, L.P.

 

 

151,578 

 

 

265,956 

Other assets, net

 

 

3,366 

 

 

3,657 

Total assets

 

$

155,195 

 

$

269,726 

 

 

 

 

 

 

 

LIABILITIES AND PARTNERS' DEFICIT

 

 

 

 

 

 

 

 

 

 

 

 

 

Other current liabilities

 

$

2,283 

 

$

2,139 

Long-term debt

 

 

182,000 

 

 

182,000 

 

 

 

 

 

 

 

Partners' deficit

 

 

 

 

 

 

Common unitholders (79,006,619 and 75,966,353 units outstanding at 2012 and 2011, respectively)

 

 

43,701 

 

 

139,614 

General partner (798,047 and 767,337 units outstanding at 2012 and 2011, respectively)

 

 

(59,630)

 

 

(58,660)

Accumulated other comprehensive income (loss)

 

 

(13,159)

 

 

4,633 

Total Ferrellgas Partners, L.P. partners' deficit

 

 

(29,088)

 

 

85,587 

Total liabilities and partners' deficit

 

$

155,195 

 

$

269,726