-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PP/ohrBrJ3VhbRhY8TXJKxgK0GOamA/xTZ2r/RCJcbhnBJrmTbSSedYRZTUMTxVN a7buA3/pCE69qHtG2X0Z0w== 0000893220-98-000445.txt : 19980227 0000893220-98-000445.hdr.sgml : 19980227 ACCESSION NUMBER: 0000893220-98-000445 CONFORMED SUBMISSION TYPE: U-3A-2 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19970930 FILED AS OF DATE: 19980226 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: UGI CORP /PA/ CENTRAL INDEX KEY: 0000884614 STANDARD INDUSTRIAL CLASSIFICATION: GAS & OTHER SERVICES COMBINED [4932] IRS NUMBER: 232668356 STATE OF INCORPORATION: PA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: U-3A-2 SEC ACT: SEC FILE NUMBER: 069-00410 FILM NUMBER: 98550198 BUSINESS ADDRESS: STREET 1: 460 N GULPH RD STREET 2: P O BOX 858 CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 BUSINESS PHONE: 6103371000 MAIL ADDRESS: STREET 1: 460 NORTH GULPH ROAD CITY: KING OF PRUSSIA STATE: PA ZIP: 19406 FORMER COMPANY: FORMER CONFORMED NAME: NEW UGI CORP DATE OF NAME CHANGE: 19600201 U-3A-2 1 UGI CORPORATION FORM U-3A-2 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM U-3A-2 File No. 69-00410 STATEMENT BY HOLDING COMPANY CLAIMING EXEMPTION UNDER RULE U-3A-2 FROM THE PROVISIONS OF THE PUBLIC UTILITY HOLDING COMPANY ACT OF 1935 To Be Filed Annually Prior to March 1 UGI CORPORATION 460 NORTH GULPH ROAD KING OF PRUSSIA, PA 19406 (Name of company) hereby files with the Securities and Exchange Commission, pursuant to Rule 2, its statement claiming exemption as a holding company from the provisions of the Public Utility Holding Company Act of 1935, and submits the following information: 1. Name, State of organization, location and nature of business of claimant and every subsidiary thereof, other than any exempt wholesale generator (EWG) or foreign utility company in which claimant directly or indirectly holds an interest. UGI Corporation (the "Company" or "UGI") was incorporated as a stock corporation under the laws of Pennsylvania on December 20, 1991. The Company's principal office is located at 460 North Gulph Road, King of Prussia, Pennsylvania 19406. UGI is a holding company which owns directly seven subsidiaries as follows: a. UGI Utilities, Inc. ("UGI Utilities") is a public utility company incorporated in Pennsylvania that owns and operates (i) a natural gas distribution utility serving 14 counties in eastern and southeastern Pennsylvania, and (ii) an electric utility serving parts of Luzerne and Wyoming Counties in northeastern Pennsylvania. UGI Development Company, an inactive Pennsylvania corporation, is a wholly owned subsidiary of UGI Utilities. b. AmeriGas, Inc. is a Pennsylvania corporation which conducts a propane distribution business from over 600 district locations in 45 states through AmeriGas Partners, L.P., a Delaware Limited Partnership (the "Partnership"). Through its subsidiaries, AmeriGas, Inc. owns 58% of the Partnership. AmeriGas Propane, Inc., a Pennsylvania corporation, is a wholly owned subsidiary of 2 AmeriGas, Inc. and the sole general partner of the Partnership. AmeriGas, Inc. is also the parent company of Four Flags Drilling Company, Inc., an inactive Pennsylvania corporation. Four Flags Drilling Company, Inc. is the parent company of Four Flags Holding Company, a Delaware investment holding company. AmeriGas Propane, Inc. is the parent company of (i) AmeriGas Technology Group, Inc., a Pennsylvania corporation engaged in the commercialization of a patented process for use by waste treatment facilities, and (ii) Petrolane Incorporated, a Pennsylvania holding company. AmeriGas Partners, L. P. is the parent company of AmeriGas Finance Corp., a Delaware corporation that serves as co-obligor for certain debt securities of the Partnership. AmeriGas Partners holds the limited partnership interests in AmeriGas Propane, L.P., a Delaware limited partnership. AmeriGas Propane, L.P. is the parent company of (i) AmeriGas Propane Parts & Service, Inc., a Pennsylvania corporation which sells appliance parts and fittings and services propane appliances, (ii) Northwest LPG Supply Ltd., an inactive Canadian corporation, and (iii) Petrolane Offshore Ltd., an inactive Bermuda corporation. c. UGI Enterprises, Inc. is a Pennsylvania corporation that conducts a gas marketing business under the trade name of GASMARK through its subsidiary, UGI Energy Services, Inc., a Pennsylvania corporation, and an electric energy marketing business under the trade name POWERMARK through its subsidiary, UGI Power Supply, Inc., also a Pennsylvania corporation. Energy development partnerships in international markets are pursued through its wholly owned subsidiaries, (i) UGI Black Sea Enterprises, Inc., a Pennsylvania corporation, (ii) UGI International Enterprises, Inc., a Pennsylvania corporation, (iii) UGI International (China), Inc., a Delaware corporation, (iv) UGI International (Romania), Inc., a Pennsylvania corporation, and (v) UGI Romania, Inc., a Pennsylvania corporation. Energy Services Holding Company, a Delaware investment holding company, is a subsidiary of UGI Energy Services, Inc. d. UGI Properties, Inc. is a Pennsylvania corporation that owns UGI's corporate headquarters building in King of Prussia, Pennsylvania. e. Ashtola Production Company is an inactive Pennsylvania corporation. Ashtola Production Company is the parent company of UGI Ethanol Development Corporation, an inactive Pennsylvania corporation, and Cryotex Incorporated, an inactive Delaware corporation. f. United Valley Insurance Company, a Vermont corporation, provides auto, general, and workers' compensation liability insurance coverage to UGI and certain of its subsidiaries. -2- 3 g. Northfield Holding Company is a Delaware investment holding company. 2. A brief description of the properties of claimant and each of its subsidiary public utility companies used for the generation, transmission, and distribution of electric energy for sale, or for the production, transmission, and distribution of natural or manufactured gas, indicating the location of principal generating plants, transmission lines, producing fields, gas manufacturing plants, and electric and gas distribution facilities, including all such properties which are outside the State in which claimant and its subsidiaries are organized and all transmission or pipelines which deliver or receive electric energy or gas at the borders of such State. The Company does not directly own any such properties. The Company's subsidiary that is a public utility company, UGI Utilities, Inc., owns the following properties and related land rights used for the generation, transmission, and distribution of electric energy for sale to customers in communities which have granted a franchise to provide electric energy: a. Principal generating plants: Hunlock generating station located near Kingston, Pennsylvania; and a 1.11% ownership interest in Conemaugh Station, located near Johnstown, Pennsylvania. b. Transmission lines: 2,092 miles of transmission and distribution lines and related facilities in portions of Luzerne and Wyoming Counties in northeastern Pennsylvania. c. Electric distribution facilities: 27 substations, transformers and associated distribution facilities located in the service area, in addition to the distribution lines referred to above. UGI Utilities provides natural gas services through approximately 4,200 miles of gas mains, related service facilities and land rights, for the distribution of natural gas throughout a 14 county service area in eastern and southeastern Pennsylvania to customers in communities which have granted a franchise to provide gas service. In addition, it owns the following properties used for the production and distribution of natural or manufactured gas: Gas storage plants: peak shaving facilities in Harrisburg, Reading and Bethlehem, Pennsylvania which produce propane air and have a design capacity to manufacture up to 35,000 Mcf. of propane air per day and a liquefied natural gas plant near Reading, Pennsylvania which has storage capacity of 270,000 Mcf. and is designed to add up to 25,000 Mcf. per day to the sendout capacity. 3. The following information for the last calendar year with respect to claimant and each of its subsidiary public utility companies: -3- 4 a. Number of kwh. of electric energy sold (at retail or wholesale), and Mcf. of natural or manufactured gas distributed at retail. None by UGI UGI Utilities 870,802,058 kwh. Sold at Retail 36,299,530 Mcf. Transportation 42,022,996 ---------- Total 78,322,526 Mcf.
b. Number of kwh. of electric energy and Mcf. of natural or manufactured gas distributed at retail outside the State in which each such company is organized. None by UGI or UGI Utilities c. Number of kwh. of electric energy and Mcf. of natural or manufactured gas sold at wholesale outside the State in which each such company is organized, or at the State line. None by UGI. UGI Utilities - 7,399,945 Mcf. NOTE: UGI Utilities' principal business is the distribution of natural gas exclusively within the Commonwealth of Pennsylvania. Incidental to its principal business, UGI Utilities may, from time to time, sell natural gas to other gas utilities or brokers on a wholesale basis. Some of these transactions may take place outside the state. d. Number of kwh. of electric energy and Mcf. of natural or manufactured gas purchased outside the State in which each such company is organized or at the State line. None by UGI UGI Utilities, Inc. - 44,281,573 Mcf. 4. The following information for the reporting period with respect to claimant and each interest it holds directly or indirectly in an EWG or a foreign utility company, stating monetary amounts in United States dollars: a. Name, location, business address and description of the facilities used by the EWG or foreign utility company for the generation, transmission and distribution of electric energy for sale or for the distribution at retail of natural or manufactured gas. None by UGI or UGI Utilities -4- 5 b. Name of each system company that holds an interest in such EWG or foreign utility company; and description of the interest held. None by UGI or UGI Utilities c. Type and amount of capital invested, directly or indirectly, by the holding company claiming exemption; any direct or indirect guarantee of the security of the EWG or foreign utility company by the holding company claiming exemption; and any debt or other financial obligation for which there is recourse, directly or indirectly, to the holding company claiming exemption or another system company, other than the EWG or foreign utility company. None by UGI or UGI Utilities d. Capitalization and earnings of the EWG or foreign utility company during the reporting period. None by UGI or UGI Utilities e. Identify any service, sales or construction contract(s) between the EWG or foreign utility company and a system company, and describe the services to be rendered or goods sold and fees or revenues under such agreement(s). None by UGI or UGI Utilities The above-named claimant has caused this statement to be duly executed on its behalf by its authorized officer on this 26th day of February, 1998. UGI CORPORATION (Name of claimant) By: /s/ Michael J. Cuzzolina ----------------------------- (Title) Michael J. Cuzzolina Vice President - Accounting and Financial Control -5- 6 CORPORATE SEAL Attest: /s/ Brendan P. Bovaird - -------------------------- Brendan P. Bovaird Corporate Secretary Name, title, and address of officer to whom notices and correspondence concerning this statement should be addressed: Brendan P. Bovaird Corporate Secretary UGI Corporation 460 North Gulph Road King of Prussia, PA 19406 -6- 7 EXHIBIT A A consolidating statement of income and surplus of the claimant and its subsidiary companies for the last calendar year, together with a consolidating balance sheet of the claimant and its subsidiary companies as of the close of such calendar year. Attached to this Form U-3A-2 as Exhibit A. EXHIBIT B A Financial Data Schedule setting forth the financial and other data that are applicable to the registrant on a consolidated basis. Attached to this Form U-3A-2 as Exhibit B. EXHIBIT C An organizational chart showing the relationship of each EWG or foreign utility company to associate companies in the holding company system. Not applicable. -7- EX-99.A 2 CONSOL. STMNT OF INCOME/ CONSOL. BALANCE SHEET 1 EXHIBIT A UGI CORPORATION AND SUBSIDIARIES CONSOLIDATING BALANCE SHEET SEPTEMBER 30, 1997 (Unaudited) (Millions of dollars)
Consolidated Eliminations Northfield UGI UGI and UGI Holding Utilities, Corp. Adjustments Corp. Company Inc. ------------ --------------- --------- ------------ ---------- ASSETS Current assets: Cash and cash equivalents $ 64.0 $ - $ 20.1 $ 16.2 $ 12.8 Short-term investments 65.4 - - 58.5 - Accounts receivable 110.6 (0.7) 0.2 0.5 25.0 Accrued utility revenues 7.7 - - - 7.7 Accounts receivable - intercompany - (0.9) 0.3 - 0.3 Inventories 95.6 - - - 30.7 Prepaid propane purchases 21.7 - - - - Deferred income taxes 20.3 - 0.2 - 7.2 Insurance indemnification receivable 2.4 (0.8) - - - Prepaid expenses and other current assets 16.2 - 0.1 - 4.7 ------------ -------------- --------- ------------ ---------- Total current assets 403.9 (2.4) 20.9 75.2 88.4 Investments in subsidiaries - (376.2) 376.2 - - Gross property, plant and equipment 1,397.3 - 0.4 - 765.6 Less: accumulated depreciation and amortization 410.1 0.1 0.2 - 237.3 ------------ -------------- --------- ------------ ---------- Net property, plant and equipment 987.2 (0.1) 0.2 - 528.3 Intangible assets 677.9 - - - - Regulatory income tax asset 44.4 - - - 44.4 Other assets 38.3 (11.7) 3.8 - 20.3 ------------ -------------- --------- ------------ ---------- Total assets $ 2,151.7 $ (390.4) $ 401.1 $ 75.2 $ 681.4 ============ ============== ========= ============ ========== United UGI Valley Ashtola UGI AmeriGas, Properties, Insurance Production Enterprises, Inc. Inc. Company Company Inc. ---------- ----------- --------- ---------- ------------ ASSETS Current assets: Cash and cash equivalents $ 8.6 $ 0.1 $ 1.0 $ 0.1 $ 5.1 Short-term investments - - 6.9 - - Accounts receivable 75.3 - - - 10.3 Accrued utility revenues - - - - - Accounts receivable - intercompany 0.2 - - - 0.1 Inventories 64.8 - - - 0.1 Prepaid propane purchases 21.7 - - - - Deferred income taxes 12.5 - 0.4 - - Insurance indemnification receivable 3.2 - - - - Prepaid expenses and other current assets 10.9 0.1 0.4 - - ---------- ----------- --------- ---------- ------------ Total current assets 197.2 0.2 8.7 0.1 15.6 Investments in subsidiaries - - - - - Gross property, plant and equipment 620.6 10.3 - - 0.4 Less: accumulated depreciation and amortization 171.3 1.1 - - 0.1 ---------- ----------- --------- ---------- ------------ Net property, plant and equipment 449.3 9.2 - - 0.3 Intangible assets 677.9 - - - - Regulatory income tax asset - - - - - Other assets 25.1 0.1 - - 0.7 ---------- ----------- --------- ---------- ------------ Total assets $ 1,349.5 $ 9.5 $ 8.7 $ 0.1 $ 16.6 ========== =========== ========= ========== ============
2 UGI CORPORATION AND SUBSIDIARIES CONSOLIDATING BALANCE SHEET SEPTEMBER 30, 1997 (Unaudited) (Millions of dollars)
Consolidated Eliminations Northfield UGI UGI and UGI Holding Utilities, Corp. Adjustments Corp. Company Inc. ------------ ------------ ------- ---------- ---------- LIABILITIES AND EQUITY Current liabilities: Current maturities of long-term debt $ 24.2 $ - $ - $ - $ 17.1 Current portion of Utilities Preferred Stock 3.0 - - - 3.0 Bank loans 95.0 - - - 67.0 Accounts payable 103.2 - 0.2 - 44.5 Accounts payable - intercompany - (11.4) 10.1 - 0.9 Employee compensation and benefits accrued 27.8 - 1.3 - 8.2 Dividends and interest accrued 43.2 (0.1) 11.9 - 3.7 Income taxes accrued 27.4 - (0.1) 0.4 5.1 Insured property and casualty liability 1.0 - - - - Refunds and deposits 24.0 - - - 3.7 Other current liabilities 55.7 (1.5) 0.1 - 22.9 ------------ ------------ ------- ---------- ---------- Total current liabilities 404.5 (13.0) 23.5 0.4 176.1 Long-term debt 844.8 - - - 152.2 Deferred income taxes 152.5 (1.3) 0.2 - 99.8 Deferred investment tax credits 10.4 - - - 10.4 Other noncurrent liabilities 64.7 - 1.3 - 10.2 Minority interest in AmeriGas Partners 266.5 - - - - UGI Utilities Series Preferred Stock Subject to Mandatory Redemption 32.2 - - - 32.2 Common stockholders' equity: Common Stock - (60.4) - - 60.3 Additional paid-in-capital 393.7 (395.0) 393.7 74.2 68.2 Retained earnings (accumulated deficit) (9.2) 79.3 (9.2) 0.6 72.0 ------------ ------------ ------- ---------- ---------- 384.5 (376.1) 384.5 74.8 200.5 Less: treasury stock, at cost 8.4 - 8.4 - - ------------ ------------ ------- ---------- ---------- Total common stockholders' equity 376.1 (376.1) 376.1 74.8 200.5 ------------ ------------ ------- ---------- ---------- Total liabilities and stockholders' equity $ 2,151.7 $ (390.4) $ 401.1 $ 75.2 $ 681.4 ============ ============ ======= ========== ========== United UGI Valley Ashtola UGI AmeriGas, Properties, Insurance Production Enterprises, Inc. Inc. Company Company Inc. --------- ----------- --------- ---------- ------------ LIABILITIES AND EQUITY Current liabilities: Current maturities of long-term debt $ 6.7 $ 0.4 $ - $ - $ - Current portion of Utilities Preferred Stock - - - - - Bank loans 28.0 - - - - Accounts payable 50.2 - - - 8.3 Accounts payable - intercompany 0.2 0.1 - - 0.1 Employee compensation and benefits accrued 17.8 - - - 0.5 Dividends and interest accrued 27.6 - 0.1 - - Income taxes accrued 21.8 - - 0.4 (0.2) Insured property and casualty liability 1.0 - - - - Refunds and deposits 20.3 - - - - Other current liabilities 25.6 - 6.2 - 2.4 --------- ----------- --------- ---------- ------------ Total current liabilities 199.2 0.5 6.3 0.4 11.1 Long-term debt 684.4 8.2 - - - Deferred income taxes 54.0 0.1 - (0.1) (0.2) Deferred investment tax credits - - - - - Other noncurrent liabilities 52.7 - - 0.4 0.1 Minority interest in AmeriGas Partners 266.5 - - - - UGI Utilities Series Preferred Stock Subject to Mandatory Redemption - - - - - Common stockholders' equity: Common Stock - - 0.1 - - Additional paid-in-capital 238.8 0.6 0.4 9.9 2.9 Retained earnings (accumulated deficit) (146.1) 0.1 1.9 (10.5) 2.7 --------- ----------- --------- ---------- ------------ 92.7 0.7 2.4 (0.6) 5.6 Less: treasury stock, at cost - - - - - --------- ----------- --------- ---------- ------------ Total common stockholders' equity 92.7 0.7 2.4 (0.6) 5.6 --------- ----------- --------- ---------- ------------ Total liabilities and stockholders' equity $ 1,349.5 $ 9.5 $ 8.7 $ 0.1 $ 16.6 ========= =========== ========= ========== ============
3 UGI CORPORATION AND SUBSIDIARIES CONSOLIDATING STATEMENT OF INCOME FOR THE YEAR ENDED SEPTEMBER 30, 1997 (Unaudited) (Millions of dollars)
Consolidated Eliminations Northfield UGI UGI and UGI Holding Utilities, Corp. Adjustments Corp. Company Inc. ------------ ------------ ------- ---------- ---------- Revenues: Propane $ 1,077.8 $ - $ - $ - $ - Utilities 461.2 - - - 461.2 Energy marketing 103.0 - - - - Other - (3.5) - - - ------------ ------------ ------- ---------- ---------- 1,642.0 (3.5) - - 461.2 Costs and expenses: Propane cost of sales 600.4 - - - - Utilities - gas, fuel and purchased power 239.0 - - - 239.0 Energy marketing cost of sales 99.4 - - - - Operating and administrative expenses 439.8 (15.6) 12.1 - 123.4 Depreciation and amortization 86.1 - 0.1 - 21.4 Miscellaneous income, net (22.6) 12.1 (14.8) (1.0) (2.7) ------------ ------------ ------- ---------- ---------- 1,442.1 (3.5) (2.6) (1.0) 381.1 ------------ ------------ ------- ---------- ---------- Operating income 199.9 - 2.6 1.0 80.1 Interest expense (83.1) - - - (16.8) Minority interest in AmeriGas Partners (18.3) - - - - ------------ ------------ ------- ---------- ---------- Income before income taxes and subsidiary preferred stock dividends 98.5 - 2.6 1.0 63.3 Income taxes (43.6) - (1.1) (0.4) (24.6) Dividends on UGI Utilities Series Preferred Stock (2.8) (2.8) - - - Equity in income of subsidiaries - (50.6) 50.6 - - ------------ ------------ ------- ---------- ---------- Net income $ 52.1 (53.4) 52.1 0.6 38.7 ============ Dividends on preferred stock 2.8 - - (2.8) ------------ ------- ---------- ---------- Net income after dividends on preferred stock $ (50.6) $ 52.1 $ 0.6 $ 35.9 ============ ======= ========== ========== United UGI Valley Ashtola UGI AmeriGas, Properties, Insurance Production Enterprises, Inc. Inc. Company Company Inc. ---------- ----------- --------- ---------- ------------ Revenues: Propane $ 1,077.8 $ - $ - $ - $ - Utilities - - - - - Energy marketing - - - - 103.0 Other - 1.7 1.8 - - ---------- ----------- --------- ---------- ------------ 1,077.8 1.7 1.8 - 103.0 Costs and expenses: Propane cost of sales 600.4 - - - - Utilities - gas, fuel and purchased power - - - - - Energy marketing cost of sales - - - - 99.4 Operating and administrative expenses 314.2 0.7 1.4 - 3.6 Depreciation and amortization 64.3 0.2 - - 0.1 Miscellaneous income, net (15.1) - (0.4) - (0.7) ---------- ----------- --------- ---------- ------------ 963.8 0.9 1.0 - 102.4 ---------- ----------- --------- ---------- ------------ Operating income 114.0 0.8 0.8 - 0.6 Interest expense (65.6) (0.7) - - - Minority interest in AmeriGas Partners (18.3) - - - - ---------- ----------- --------- ---------- ------------ Income before income taxes and subsidiary preferred stock dividends 30.1 0.1 0.8 - 0.6 Income taxes (16.9) - (0.3) - (0.3) Dividends on UGI Utilities Series Preferred Stock - - - - - Equity in income of subsidiaries - - - - - ---------- ----------- --------- ---------- ------------ Net income 13.2 0.1 0.5 - 0.3 Dividends on preferred stock - - - - - ---------- ----------- --------- ---------- ------------ Net income after dividends on preferred stock $ 13.2 $ 0.1 $ 0.5 $ - $ 0.3 ========== =========== ========= ========== ============
4 UGI CORPORATION AND SUBSIDIARIES CONSOLIDATING STATEMENT OF RETAINED EARNINGS (ACCUMULATED DEFICIT) FOR THE YEAR ENDED SEPTEMBER 30, 1997 (Unaudited) (Millions of dollars)
Consolidated Eliminations Northfield UGI UGI and UGI Holding Utilities, Corp. Adjustments Corp. Company Inc. ------------ ------------ -------- ---------- ---------- Balance at September 30, 1996 $ (12.8) $ 41.1 $ (12.8) $ - $ 61.1 Net income 52.1 (53.4) 52.1 0.6 38.7 Dividends on Common Stock (47.3) 87.8 (47.3) - (24.1) Common Stock issued (1.2) - (1.2) - - Dividends on UGI Utilities Series Preferred Stock - 2.8 - - (2.8) Other - 1.0 - - (0.9) ------------ ------------ -------- ---------- ---------- Balance at September 30, 1997 $ (9.2) $ 79.3 $ (9.2) $ 0.6 $ 72.0 ============ ============ ======== ========== ========== United UGI Valley Ashtola UGI AmeriGas, Properties, Insurance Production Enterprises, Inc. Inc. Company Company Inc. --------- ----------- --------- ---------- ------------ Balance at September 30, 1996 $ (95.7) $ - $ 1.5 $ (10.5) $ 2.5 Net income 13.2 0.1 0.5 - 0.3 Dividends on Common Stock (63.6) - (0.1) - - Common Stock issued - - - - - Dividends on UGI Utilities Series Preferred Stock - - - - - Other - - - - (0.1) --------- ----------- --------- ---------- ------------ Balance at September 30, 1997 $ (146.1) $ 0.1 $ 1.9 $ (10.5) $ 2.7 ========= =========== ========= ========== ============
EX-27 3 FINANCIAL DATA SCHEDULE
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE CONSOLIDATED BALANCE SHEET AND INCOME STATEMENT OF UGI CORPORATION AND SUBSIDIARIES AS OF AND FOR THE YEAR ENDED SEPTEMBER 30, 1997 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS INCLUDED IN UGI CORPORATION'S ANNUAL REPORT ON FORM 10-K FOR THE YEAR ENDED SEPTEMBER 30, 1997. 0000884614 UGI CORPORATION 1,000 YEAR SEP-30-1997 OCT-01-1996 SEP-30-1997 64,000 65,400 129,600 11,300 95,600 403,900 1,397,300 410,100 2,151,700 404,500 844,800 32,200 0 393,700 (17,600) 2,151,700 1,642,000 1,642,000 938,800 938,800 0 0 83,100 98,500 43,600 52,100 0 0 0 52,100 1.57 1.57
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