Schedule I Parent Only Balance Sheets, Statements Of Earnings And Cash Flows

12 Months Ended

Jul. 31, 2020

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Guarantor financial information

Schedule 1

FERRELLGAS PARTNERS, L.P.
PARENT ONLY
BALANCE SHEETS
(in thousands, except unit data)

	July 31,
	2020		2019
ASSETS
Cash and cash equivalents	$	6	$	8
Prepaid expenses and other current assets		22		57
Total assets	$	28	$	65
LIABILITIES AND PARTNERS’ DEFICIT
Current portion of long-term debt	$	357,000	$	354,727
Other current liabilities		19,305		3,873
Investment in Ferrellgas, L.P.		823,765		772,698
Partners’ deficit
Common unitholders (97,152,665 units outstanding at 2020 and 2019)		(1,126,452)		(1,046,245)
General partner unitholder (989,926 units outstanding at 2020 and 2019)		(71,287)		(70,476)
Accumulated other comprehensive income loss		(2,303)		(14,512)
Total Ferrellgas Partners, L.P. partners’ deficit		(1,200,042)		(1,131,233)
Total liabilities and partners’ deficit	$	28	$	65

FERRELLGAS PARTNERS, L.P.

PARENT ONLY

STATEMENTS OF OPERATIONS

(in thousands)

	For the year ended July 31,
	2020		2019		2018
Equity in loss of Ferrellgas, L.P.	$	(49,261)	$	(29,219)	$	(219,902)
Operating, general and administrative expense		116		14		137
Operating loss		(49,377)		(29,233)		(220,039)
Interest expense		(33,073)		(34,984)		(34,521)
Income tax expense		49		30		21
Net loss	$	(82,499)	$	(64,247)	$	(254,581)

FERRELLGAS PARTNERS, L.P.

PARENT ONLY

STATEMENTS OF CASH FLOWS

(in thousands)

	For the year ended July 31,
	2020		2019		2018
Cash flows from operating activities:
Net loss attributable to Ferrellgas Partners, L.P.	$	(82,499)	$	(64,247)	$	(254,581)
Reconciliation of net loss to net cash used in operating activities:
Other		17,749		4,141		3,673
Equity in loss of Ferrellgas, L.P.		49,261		29,219		219,902
Net cash used in operating activities		(15,489)		(30,887)		(31,006)
Cash flows from investing activities:
Distributions received from Ferrellgas, L.P.		15,496		40,706		70,246
Cash contributed to Ferrellgas, L.P.		—		—		—
Net cash provided by (used in) investing activities		15,496		40,706		70,246
Cash flows from financing activities:
Distributions paid to common and general partner unitholders		—		(9,814)		(39,254)
Cash paid for financing costs		(9)		—		(42)
Net cash provided by (used in) financing activities		(9)		(9,814)		(39,296)
Decrease in cash and cash equivalents		(2)		5		(56)
Cash and cash equivalents - beginning of year		8		3		59
Cash and cash equivalents - end of year	$	6	$	8	$	3