Supplemental Financial Statement Information

3 Months Ended

Oct. 31, 2011

Supplemental Financial Statement Information

C. Supplemental financial statement information

     Inventories consist of the following:

	October 31,	July 31,
	2011	2011
Propane gas and related products	$161,237	$113,826
Appliances, parts and supplies	23,293	22,313
Inventories	$184,530	$136,139

In addition to inventories on hand, Ferrellgas enters into contracts primarily to buy propane for supply procurement purposes. Most of these contracts have terms of less than one year and call for payment based on market prices at the date of delivery. All supply procurement fixed price contracts have terms of fewer than 24 months. As of October 31, 2011, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 104.6 million gallons of propane at fixed prices.

Other current liabilities consist of the following:

	October 31,	July 31,
	2011	2011
Accrued interest	$  24,960	$  19,779
Accrued litigation and insurance	17,350	16,565
Customer deposits and advances	38,264	19,784
Other	54,743	48,685
Other current liabilities	$135,317	$104,813

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

	For the three months ended October 31,
	2011	2010
Operating expense	$43,788	$42,284
Depreciation and amortization expense	1,584	1,481
Equipment lease expense	3,091	3,361
	$48,463	$47,126

Ferrellgas, L.P. And Subsidiaries [Member]

Supplemental Financial Statement Information

C. Supplemental financial statement information

     Inventories consist of the following:

	October 31,	July 31,
	2011	2011
Propane gas and related products	$161,237	$113,826
Appliances, parts and supplies	23,293	22,313
Inventories	$184,530	$136,139

In addition to inventories on hand, Ferrellgas, L.P. enters into contracts primarily to buy propane for supply procurement purposes. Most of these contracts have terms of less than one year and call for payment based on market prices at the date of delivery. All supply procurement fixed price contracts have terms of fewer than 24 months. As of October 31, 2011, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 104.6 million gallons of propane at fixed prices.

     Other current liabilities consist of the following:

	October 31, 2011	July 31, 2011
Accrued interest	$  19,029	$  17,773
Accrued litigation and insurance	17,350	16,565
Customer deposits and advances	38,264	19,784
Other	54,590	48,552
Other current liabilities	$129,233	$102,674

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

	For the three months ended October 31,
	2011	2010
Operating expense	$43,788	$42,284
Depreciation and amortization expense	1,584	1,481
Equipment lease expense	3,091	3,361
	$48,463	$47,126