Supplemental Financial Statement Information

3 Months Ended

Oct. 31, 2013

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:

	October 31, 2013		July 31, 2013
Propane gas and related products	$	117,294	$	94,946
Appliances, parts and supplies	23,501		22,170
Inventories	$	140,795	$	117,116

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 October 31, 2013, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 111.8 million gallons of propane at fixed prices.

Other current liabilities consist of the following:

	October 31, 2013		July 31, 2013
Accrued interest	$	24,755	$	19,795
Accrued payroll	14,034		30,295
Customer deposits and advances	34,971		20,420
Other	53,183		50,592
Other current liabilities	$	126,943	$	121,102

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

	For the three months ended October 31,
	2013		2012
Operating expense	$	45,978	$	43,901
Depreciation and amortization expense	1,415		1,527
Equipment lease expense	3,627		3,387
	$	51,020	$	48,815

Ferrellgas, L.P. [Member]

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:

	October 31, 2013		July 31, 2013
Propane gas and related products	$	117,294	$	94,946
Appliances, parts and supplies	23,501		22,170
Inventories	$	140,795	$	117,116

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 October 31, 2013, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 111.8 million gallons of propane at fixed prices.

Other current liabilities consist of the following:

	October 31, 2013		July 31, 2013
Accrued interest	$	18,822	$	17,787
Accrued payroll	14,034		30,295
Customer deposits and advances	34,971		20,420
Other	52,993		50,401
Other current liabilities	$	120,820	$	118,903

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

	For the three months ended October 31,
	2013		2012
Operating expense	$	45,978	$	43,901
Depreciation and amortization expense	1,415		1,527
Equipment lease expense	3,627		3,387
	$	51,020	$	48,815