INVENTORIES

Inventories comprise the following at September 30:



	2013		2012
Gas Utility natural gas	$	78,950	$	57,663
Materials, supplies and other	10,711		9,671
Total inventories	$	89,661	$	67,334

At September 30, 2013, UGI Utilities is a party to three principal storage contract administrative agreements (“SCAAs”) with Energy Services, Inc. (“Energy Services”), a second-tier, wholly owned subsidiary of UGI, one of which expired in October 2013 and two of which expire in October 2015. Pursuant to SCAAs, UGI Utilities has, among other things, released certain storage and transportation contracts for the terms of the SCAAs. UGI Utilities also transferred certain associated storage inventories upon commencement of the SCAAs, will receive a transfer of storage inventories at the end of the SCAAs, and makes payments associated with refilling storage inventories during the terms of the SCAAs. The historical cost of natural gas storage inventories released under the SCAAs, which represent a portion of Gas Utility’s total natural gas storage inventories, and any exchange receivables (representing amounts of natural gas inventories used by the other parties to the agreement but not yet replenished), are included in the caption “Gas Utility natural gas” in the table above. The carrying value of gas storage inventories released under the SCAAs at September 30, 2013 and 2012, comprising 11.0 billion cubic feet (“bcf”) and 11.4 bcf of natural gas was $44,366 and $32,627, respectively. At September 30, 2013 and 2012, UGI Utilities held a total of $16,500 and $22,500, respectively, of security deposits received from its SCAA counterparties. These amounts are included in other current liabilities on the Consolidated Balance Sheets. Effective November 1, 2013, UGI Utilities entered into two new SCAAs having terms of one and three years (see Note 17).