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Acquisition of Heritage Propane
3 Months Ended
Dec. 31, 2012
Business Combinations [Abstract]  
Acquisition of Heritage Propane
Acquisition of Heritage Propane
On January 12, 2012, AmeriGas Partners completed the acquisition of Heritage Propane from ETP for total consideration of $2,604,827, comprising $1,472,199 in cash and 29,567,362 AmeriGas Partners Common Units with a fair value of $1,132,628 (the “Heritage Acquisition”). The Heritage Acquisition was consummated pursuant to a Contribution and Redemption Agreement dated October 15, 2011, as amended (the “Contribution Agreement”), by and among AmeriGas Partners, ETP, Energy Transfer Partners GP, L.P., the general partner of ETP, and Heritage ETC, L.P. For additional information on the Heritage Acquisition, see Note 4 to the Partnership’s 2012 Annual Financial Statements and Notes.
 
The following presents unaudited pro forma income statement and income per unit data as if the Heritage Acquisition had occurred on October 1, 2011:
 
 
Three Months Ended
December 31,
 
2012 (As Reported)
 
2011 (Pro Forma)
Revenues
$
876,647

 
$
1,106,198

Net income attributable to AmeriGas Partners, L.P.
$
96,665

 
$
58,312

Income per limited partner unit:
 
 
 
Basic
$
0.93

 
$
0.64

Diluted
$
0.93

 
$
0.64


The unaudited pro forma results of operations reflect Heritage Propane’s historical operating results after giving effect to adjustments directly attributable to the transaction that are expected to have a continuing effect. The unaudited pro forma consolidated results of operations are not necessarily indicative of the results that would have occurred had the Heritage Acquisition occurred on the date indicated nor are they necessarily indicative of future operating results.