UGI : Consolidated Financial Statements for the quarter ended March 31, 2026
UGI
Published on 05/14/2026 at 03:26 pm EDT
CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
and MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
for the three and six months ended March 31, 2026 and 2025 (Unaudited)
TABLE OF CONTENTS
Pages
Glossary of Terms and Abbreviations 3
Financial Statements (unaudited):
Condensed Consolidated Balance Sheets as of March 31, 2026, September 30, 2025 and March 31, 2025 5
Condensed Consolidated Statements of Comprehensive Income for the three and six months ended
March 31, 2026 and 2025 6
Condensed Consolidated Statements of Cash Flows for the six months ended March 31, 2026 and 2025 7
Condensed Consolidated Statements of Changes in Member's Equity for the six months ended March 31,
2026 and 2025 8
Notes to Condensed Consolidated Financial Statements 9
Management's Discussion and Analysis of Financial Condition and Results of Operations 18
GLOSSARY OF TERMS AND ABBREVIATIONS
Terms and abbreviations used in this document are defined below:
UGI Energy Services and Related Entities
Other Terms and Abbreviations
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited) (Millions of dollars)
March 31,
2026
September 30,
2025
March 31,
2025
ASSETS
Current assets:
Cash and cash equivalents
$ 21 $ 8
$ 151
Restricted cash
27 3
10
Accounts receivable (less allowances for doubtful accounts of $3, $2 and
$3, respectively)
220 127
203
Inventories
17 32
15
Derivative instruments
6 21
17
Prepaid expenses and other current assets
18 15
13
Total current assets
309 206
409
Property, plant and equipment (less accumulated depreciation of $573,
$533 and $495, respectively)
1,966 1,984
1,967
Goodwill
337 337
337
Intangible assets, net
206 211
217
Derivative instruments
2 5
14
Investments in equity method investees
408 396
382
Other assets
44 46
47
Total assets
$ 3,272 $ 3,185
$ 3,373
LIABILITIES AND MEMBER'S EQUITY
Current liabilities:
Current maturities of long-term debt
$ 8 $ 8
$ 9
Short-term borrowings
- 17
-
Accounts payable
95 81
124
Derivative instruments
19 16
11
Other current liabilities
47 68
43
Total current liabilities
169 190
187
Long-term debt
796 799
802
Deferred income taxes
302 251
268
Derivative instruments
8 2
14
Other noncurrent liabilities
24 24
23
Total liabilities
1,299 1,266
1,294
Member's equity
1,973 1,919
2,079
Total liabilities and member's equity
$ 3,272 $ 3,185
$ 3,373
See accompanying notes to condensed consolidated financial statements.
Disclaimer
UGI Corporation published this content on May 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 14, 2026 at 19:25 UTC.