Supplemental Financial Statement Information

9 Months Ended

Apr. 30, 2014

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:

	April 30, 2014		July 31, 2013
Propane gas and related products	$	84,921	$	94,946
Appliances, parts and supplies	25,800		22,170
Inventories	$	110,721	$	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 April 30, 2014, Ferrellgas had committed, for supply procurement purposes, to take delivery of approximately 21.2 million gallons of propane at fixed prices.

Other current liabilities consist of the following:

	April 30, 2014		July 31, 2013
Accrued interest	$	33,555	$	19,795
Accrued payroll	30,411		30,295
Customer deposits and advances	15,521		20,420
Other	49,637		50,592
Other current liabilities	$	129,124	$	121,102

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

	For the three months ended April 30,				For the nine months ended April 30,
	2014		2013		2014		2013
Operating expense	$	47,967	$	49,633	$	148,700	$	141,794
Depreciation and amortization expense	1,492		1,371		4,347		4,298
Equipment lease expense	4,149		3,555		11,543		10,435
	$	53,608	$	54,559	$	164,590	$	156,527

Ferrellgas, L.P. [Member]

Supplemental Financial Statement Information

Supplemental financial statement information

Inventories consist of the following:

	April 30, 2014		July 31, 2013
Propane gas and related products	$	84,921	$	94,946
Appliances, parts and supplies	25,800		22,170
Inventories	$	110,721	$	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 April 30, 2014, Ferrellgas, L.P. had committed, for supply procurement purposes, to take delivery of approximately 21.2 million gallons of propane at fixed prices.

Other current liabilities consist of the following:

	April 30, 2014		July 31, 2013
Accrued interest	$	27,625	$	17,787
Accrued payroll	30,411		30,295
Customer deposits and advances	15,521		20,420
Other	49,496		50,401
Other current liabilities	$	123,053	$	118,903

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

	For the three months ended April 30,				For the nine months ended April 30,
	2014		2013		2014		2013
Operating expense	$	47,967	$	49,633	$	148,700	$	141,794
Depreciation and amortization expense	1,492		1,371		4,347		4,298
Equipment lease expense	4,149		3,555		11,543		10,435
	$	53,608	$	54,559	$	164,590	$	156,527