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Supplemental Financial Statement Information
6 Months Ended
Jan. 31, 2013
Supplemental Financial Statement Information
C.  Supplemental financial statement information
 
Inventories consist of the following:


January 31,

July 31,


2013

2012
Propane gas and related products

$
112,762


$
110,517

Appliances, parts and supplies

17,311


17,081

Inventories

$
130,073


$
127,598



In addition to inventories on hand, Ferrellgas enters into contracts primarily to buy propane for supply procurement purposes with terms of fewer than 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of January 31, 2013, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 78.0 million gallons of propane at fixed prices.
 
Other current liabilities consist of the following:



January 31,

July 31,


2013

2012
Accrued interest

$
19,829


$
19,945

Customer deposits and advances

25,302


28,842

Other

77,784


73,880

Other current liabilities

$
122,915


$
122,667



Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:



For the three months ended January 31,

For the six months ended January 31,


2013

2012

2013

2012
Operating expense

$
48,260


$
47,937


$
92,161


$
91,725

Depreciation and amortization expense

1,400


1,700


2,927


3,284

Equipment lease expense

3,493


3,053


6,880


6,144



$
53,153


$
52,690


$
101,968


$
101,153

Ferrellgas, L.P. [Member]
 
Supplemental Financial Statement Information
C.  Supplemental financial statement information
 
Inventories consist of the following:


January 31,

July 31,


2013

2012
Propane gas and related products

$
112,762


$
110,517

Appliances, parts and supplies

17,311


17,081

Inventories

$
130,073


$
127,598



In addition to inventories on hand, Ferrellgas, L.P. enters into contracts primarily to buy propane for supply procurement purposes with terms of fewer than 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of January 31, 2013, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 78.0 million gallons of propane at fixed prices.
 
Other current liabilities consist of the following:


January 31,

July 31,


2013

2012
Accrued interest

$
17,822


$
17,938

Customer deposits and advances

25,302


28,842

Other

77,383


73,604

Other current liabilities

$
120,507


$
120,384



Shipping and handling expenses are classified in the following condensed consolidated statements of earnings line items:



For the three months ended January 31,

For the six months ended January 31,


2013

2012

2013

2012
Operating expense

$
48,260


$
47,937


$
92,161


$
91,725

Depreciation and amortization expense

1,400


1,700


2,927


3,284

Equipment lease expense

3,493


3,053


6,880


6,144



$
53,153


$
52,690


$
101,968


$
101,153