UGI UTILITIES INC Financial Statements (2026 and earlier)
Company Profile
| Business Address |
2525 N. 12TH STREET, SUITE 360 READING, PA 19612 |
| State of Incorp. | PA |
| Fiscal Year End | September 30 |
| Industry (SIC) | 4932 - Gas and Other Services Combined (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 6/30/2019 MRQ | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 10,314 | 5,203 | 2,819 | 3,099 | 12,401 | 4,707 | |||
| Cash and cash equivalent | 10,314 | 5,203 | 2,819 | 3,099 | 12,401 | 4,707 | |||
| Restricted cash and investments | 1,190 | 3,046 | 583 | 6,602 | 3,592 | ||||
| Receivables | 73,780 | 56,527 | 45,090 | 66,956 | 67,945 | 53,341 | |||
| Inventory, net of allowances, customer advances and progress billings | 52,413 | 53,309 | 42,340 | 51,716 | 95,219 | 89,661 | |||
| Inventory | 52,413 | 53,309 | 42,340 | 51,716 | 95,219 | 89,661 | |||
| Prepaid expense | 9,006 | 8,450 | 10,499 | 9,701 | |||||
| Deferred costs | 7,475 | 8,338 | 3,208 | 4,105 | 13,159 | 8,217 | |||
| Derivative instruments and hedges, assets | 3,004 | 1,354 | 4,263 | 934 | 1,028 | 43 | |||
| Other current assets | 8,003 | 7,956 | 11,510 | 14,202 | |||||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 15,862 | ||
| Other undisclosed current assets | 67,834 | 21,007 | 14,709 | 36,745 | 34,357 | 39,711 | |||
| Total current assets: | 233,019 | 165,190 | 135,021 | 194,060 | 227,701 | 211,542 | |||
| Noncurrent Assets | |||||||||
| Property, plant, and equipment, after accumulated depreciation, depletion, and amortization | 2,541,768 | 2,274,548 | 2,023,541 | 1,824,369 | 1,682,284 | 1,574,135 | |||
| Intangible asset, including goodwill, after accumulated amortization | 182,145 | 182,145 | 182,145 | 182,145 | 182,145 | 182,145 | |||
| Goodwill | 182,145 | 182,145 | 182,145 | 182,145 | 182,145 | 182,145 | |||
| Regulated entity, other noncurrent assets | 293,527 | 360,591 | 391,933 | 300,103 | 255,007 | 236,694 | |||
| Other noncurrent assets | 16,117 | 11,541 | 10,451 | 7,501 | 7,506 | ||||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 5,806 | ||
| Total noncurrent assets: | 3,033,557 | 2,828,825 | 2,608,070 | 2,314,118 | 2,126,942 | 1,998,780 | |||
| TOTAL ASSETS: | 3,266,576 | 2,994,015 | 2,743,091 | 2,508,178 | 2,354,643 | 2,210,322 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 122,658 | 109,610 | 89,108 | 80,974 | 83,108 | 51,970 | |||
| Interest and dividends payable | 15,716 | 16,200 | 7,605 | 8,553 | 8,908 | ||||
| Employee-related liabilities | 19,081 | 21,851 | 16,323 | 14,286 | 15,747 | ||||
| Accounts payable | 87,861 | 71,559 | 65,180 | 58,135 | 58,453 | 51,970 | |||
| Debt | 198,501 | 209,996 | 132,486 | 318,700 | 106,300 | 17,500 | |||
| Derivative instruments and hedges, liabilities | 1,071 | 310 | 12,591 | 1,632 | 6,677 | ||||
| Regulatory liability | 40,131 | 10,621 | 22,299 | 36,638 | 8,283 | ||||
| Other liabilities | 43,096 | 40,016 | 44,321 | 38,780 | 34,280 | 27,459 | |||
| Due to related parties | 9,585 | 6,890 | 3,995 | 4,430 | 11,761 | ||||
| Customer advances and deposits | ✕ | 36,363 | 35,278 | 41,391 | 41,646 | 40,401 | ✕ | ||
| Other undisclosed current liabilities | 95,624 | ||||||||
| Total current liabilities: | 450,334 | 413,482 | 333,910 | 533,759 | 277,482 | 207,513 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 828,995 | 711,105 | 651,455 | 375,000 | 622,000 | 642,000 | |||
| Other undisclosed long-term debt and lease obligation | 828,995 | 711,105 | 651,455 | 375,000 | 622,000 | 642,000 | |||
| Liabilities, other than long-term debt | 893,959 | 881,523 | 832,989 | 708,799 | 615,324 | 569,195 | |||
| Deferred revenue and credits | ✕ | 2,631 | 2,950 | 3,268 | 3,597 | 3,933 | 4,270 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | 72,505 | ||
| Deferred tax liabilities, net | 400,939 | 635,465 | 550,229 | 512,497 | 461,461 | 436,810 | |||
| Liability, pension and other postretirement and postemployment benefits | 81,590 | 143,674 | 184,516 | 135,003 | 98,363 | ✕ | |||
| Regulatory liability | 350,044 | ||||||||
| Other liabilities | 58,755 | 99,434 | 94,976 | 57,702 | 51,567 | 55,610 | |||
| Total noncurrent liabilities: | 1,722,954 | 1,592,628 | 1,484,444 | 1,083,799 | 1,237,324 | 1,211,195 | |||
| Total liabilities: | 2,173,288 | 2,006,110 | 1,818,354 | 1,617,558 | 1,514,806 | 1,418,708 | |||
| Equity | |||||||||
| Equity, attributable to parent | 1,093,288 | 987,905 | 924,737 | 890,620 | 839,837 | 791,614 | |||
| Common stock | 60,259 | 60,259 | 60,259 | 60,259 | 60,259 | 60,259 | |||
| Additional paid in capital | 473,580 | 473,580 | 473,580 | 471,904 | 471,071 | 470,098 | |||
| Accumulated other comprehensive loss | (20,329) | (26,791) | (31,618) | (13,686) | (8,181) | (8,720) | |||
| Retained earnings | 579,778 | 480,857 | 422,516 | 372,143 | 316,688 | 269,977 | |||
| Total equity: | 1,093,288 | 987,905 | 924,737 | 890,620 | 839,837 | 791,614 | |||
| TOTAL LIABILITIES AND EQUITY: | 3,266,576 | 2,994,015 | 2,743,091 | 2,508,178 | 2,354,643 | 2,210,322 | |||
Income Statement (P&L) ($ in thousands)
| 6/30/2019 TTM | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,092,381 | 887,588 | 768,484 | 1,041,581 | 1,086,889 | 940,712 | ||
| Revenue, net | ✕ | 1,092,381 | 887,588 | 768,484 | 1,041,581 | 1,086,889 | 940,712 | |
| Cost of revenue | (619,525) | (459,284) | (386,741) | (593,595) | (645,081) | (542,127) | ||
| Gross profit: | 472,856 | 428,304 | 381,743 | 447,986 | 441,808 | 398,585 | ||
| Operating expenses | (235,334) | (199,997) | (180,842) | (206,319) | (195,408) | (188,266) | ||
| Other operating income (expense), net | 2,264 | 8,329 | (2,000) | 8,869 | 4,359 | |||
| Other undisclosed operating income (loss) | (2,264) | (8,329) | 2,000 | (8,869) | (4,359) | |||
| Operating income: | 237,522 | 228,307 | 200,901 | 241,667 | 246,400 | 210,319 | ||
| Nonoperating income (Investment Income, Nonoperating) | 1,065 | 38 | ||||||
| Interest and debt expense | (42,890) | (40,212) | (37,630) | (41,128) | (38,471) | (39,309) | ||
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,065) | (38) | ||||||
| Income from continuing operations before income taxes: | 194,632 | 188,095 | 163,271 | 200,539 | 207,929 | 171,010 | ||
| Income tax expense | (45,711) | (72,054) | (65,898) | (79,484) | (83,823) | (68,912) | ||
| Income from continuing operations: | 148,921 | 116,041 | 97,373 | 121,055 | 124,106 | 102,098 | ||
| Income before gain (loss) on sale of properties: | 148,921 | 116,041 | 97,373 | 121,055 | 124,106 | 102,098 | ||
| Net income available to common stockholders, diluted: | 148,921 | 116,041 | 97,373 | 121,055 | 124,106 | 102,098 | ||
Comprehensive Income ($ in thousands)
| 6/30/2019 TTM | 9/30/2018 | 9/30/2017 | 9/30/2016 | 9/30/2015 | 9/30/2014 | 9/30/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 148,921 | 116,041 | 97,373 | 121,055 | 124,106 | 102,098 | ||
| Other comprehensive income (loss) | (1,101) | (658) | 2,721 | 2,836 | 1,276 | |||
| Comprehensive income: | 147,820 | 115,383 | 100,094 | 123,891 | 125,382 | 102,098 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 7,563 | 5,485 | (20,653) | (8,341) | (737) | 21,097 | ||
| Comprehensive income, net of tax, attributable to parent: | 155,383 | 120,868 | 79,441 | 115,550 | 124,645 | 123,195 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.