Supplemental Financial Statement Information

9 Months Ended

Apr. 30, 2015

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:

	April 30, 2015		July 31, 2014
Propane gas and related products	$	69,969	$	121,111
Appliances, parts and supplies	28,667		24,858
Inventories	$	98,636	$	145,969

In addition to inventories on hand, Ferrellgas enters into contracts primarily to buy propane for supply procurement purposes with terms up to 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of April 30, 2015, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 51.0 million gallons of propane at fixed prices.

Other current liabilities consist of the following:

	April 30, 2015		July 31, 2014
Accrued interest	$	32,227	$	12,182
Accrued payroll	19,895		37,120
Customer deposits and advances	17,867		25,412
Price risk management liabilities	22,369		83
Other	53,840		50,364
Other current liabilities	$	146,198	$	125,161

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

	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	41,291	$	47,967	$	135,206	$	148,700
Depreciation and amortization expense	1,194		1,492		3,970		4,347
Equipment lease expense	5,900		4,149		16,479		11,543
	$	48,385	$	53,608	$	155,655	$	164,590

Ferrellgas, L.P. [Member]

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:

	April 30, 2015		July 31, 2014
Propane gas and related products	$	69,969	$	121,111
Appliances, parts and supplies	28,667		24,858
Inventories	$	98,636	$	145,969

In addition to inventories on hand, Ferrellgas, L.P. enters into contracts primarily to buy propane for supply procurement purposes with terms up to 36 months. Most of these contracts call for payment based on market prices at the date of delivery. As of April 30, 2015, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 51.0 million gallons of propane at fixed prices.

Other current liabilities consist of the following:

	April 30, 2015		July 31, 2014
Accrued interest	$	26,297	$	10,176
Accrued payroll	19,895		37,120
Customer deposits and advances	17,867		25,412
Price risk management liabilities	22,369		83
Other	53,837		50,362
Other current liabilities	$	140,265	$	123,153

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

	For the three months ended April 30,				For the nine months ended April 30,
	2015		2014		2015		2014
Operating expense	$	41,291	$	47,967	$	135,206	$	148,700
Depreciation and amortization expense	1,194		1,492		3,970		4,347
Equipment lease expense	5,900		4,149		16,479		11,543
	$	48,385	$	53,608	$	155,655	$	164,590