UGI CORPORATION UGI Cash Flow

Ugi corporation (UGI)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09
CASH FLOWS FROM OPERATING ACTIVITIES
Net income including noncontrolling interests
225,600	212,000	-130,800	-46,500	396,700	88,500	-7,800	-11,700	407,700	434,200	-16,700	-62,200	311,800	290,900	-115,700	28,600	408,000	167,900	-52,500	-15,900	482,200	200	-60,000	-12,700	387,800	217,500	-59,100	-22,800	341,700	167,800	-62,900	-76,500	227,000	110,100	-37,100	-13,500	215,600	155,000	-18,400	-4,200	232,800	145,500
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:
Depreciation, Depletion and Amortization
120,200	119,400	118,100	109,900	108,900	111,200	113,800	118,800	112,200	110,300	114,800	104,100	99,300	98,100	101,500	98,100	100,700	100,600	102,600	92,500	88,000	91,000	91,200	90,000	87,700	94,000	93,900	91,800	89,600	87,800	87,300	84,600	82,800	60,300	59,100	57,800	55,500	55,300	52,900	51,700	52,600	53,000
Deferred income tax benefit, net
-29,800	5,000	-4,100	-9,700	-8,200	-20,700	113,700	9,000	-17,600	-173,900	63,200	-2,500	55,300	-5,900	500	27,400	70,400	-20,900	53,600	-6,200	26,100	-59,800	45,500	8,200	32,700	-19,700	16,500	12,800	17,800	1,600	80,300	-1,100	27,900	-16,900	66,700	6,900	38,600	-20,700	15,700	21,200	35,900	-10,200
Provision for uncollectible accounts
12,000	7,800	3,300	3,100	11,900	10,300	4,700	6,100	15,500	9,300	11,400	4,000	8,600	6,700	3,400	3,500	8,800	6,000	5,400	5,500	13,700	7,000	5,300	6,800	22,500	8,900	6,300	6,100	10,400	7,400	5,200	4,600	10,800	5,900	200	3,400	9,200	7,200	900	3,900	12,800	9,500
Changes in unrealized gains and losses on derivative instruments
-127,300	-27,300	-57,400	-39,500	4,700	-165,900	78,800	95,500	-48,100	6,600	53,100	-52,700	-22,600	104,200	-41,400	67,900	64,000	1,100	-9,600	15,700	104,500	-229,700	-15,500	4,900	-13,200	5,200	-500	-5,100	7,700	-1,900	5,500	-1,100	-1,300	14,100	33,400	-1,800	-6,600	-5,400	7,600	-700	-5,800	-24,900
Gain (Loss) on Extinguishment of Debt
0	0	0	0	0	-6,100	0	0	0	0	0	-4,400	-22,100	-33,200	-11,800	-37,100	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
8,000	6,500	-	-	1,600	1,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-700	9,400	-6,500	3,400	6,400	-12,400	-1,400	8,300	-10,400	-7,600	-2,700	-13,700	-8,900	-15,100	19,600	-11,400	5,000	-5,900	36,200	-19,500	-7,900	900	33,300	-1,900	7,600	-800	37,800	15,100	-13,100	1,600	13,600	-6,900	12,400	-8,100	14,100	-4,300	-13,000	-1,100	13,000	-30,600	5,300	4,600
Net change in:
Accounts receivable and accrued utility revenues
4,000	431,600	-134,600	-487,300	81,000	457,600	-54,500	-473,900	145,500	530,500	16,900	-337,600	-12,700	437,000	-52,900	-253,200	55,400	213,400	-108,900	-524,100	127,900	341,800	-74,500	-576,100	124,300	508,200	-35,400	-409,000	147,100	408,100	5,700	-365,100	10,200	283,700	-27,100	-356,200	-36,500	485,800	-52,700	-357,400	67,800	436,900
Inventories
-64,400	15,600	17,100	-7,700	-70,500	-23,000	65,500	28,900	-80,500	23,500	60,300	8,300	-26,300	22,400	25,200	9,000	-72,700	9,100	29,600	-3,000	-180,400	-27,600	99,900	8,200	-88,100	45,100	46,700	10,400	-81,000	19,300	38,900	-26,100	-127,300	25,300	97,400	47,700	-171,300	66,900	72,600	29,200	-161,300	25,200
Utility deferred fuel and power costs, net of changes in unsettled derivatives
-2,600	-4,800	10,200	2,300	4,500	12,500	8,700	-8,300	-19,900	-11,600	2,900	4,900	6,600	1,000	11,200	3,700	1,000	6,800	7,600	-3,600	-51,400	-4,400	0	7,400	12,300	-2,100	11,200	12,800	-28,500	-4,800	16,300	5,900	-12,400	-1,600	20,200	10,300	-27,800	-15,500	17,500	-100	19,800	-18,700
Accounts payable
-121,900	182,600	700	-219,000	-96,300	217,400	82,800	-153,900	-98,800	235,000	44,800	-124,300	-92,000	221,400	27,800	-61,900	-39,600	33,700	36,300	-203,000	-87,500	119,300	44,500	-234,900	-51,800	245,900	64,200	-201,900	11,600	164,800	53,500	-114,900	-81,000	63,700	70,500	-114,400	-217,200	280,300	57,100	-128,500	-88,300	206,800
Derivative instruments collateral deposits paid
49,100	-20,400	-	2,300	-10,000	22,200	-	-1,200	11,700	-3,700	-	-	-	-	-	-	-	-2,500	-	-	-	90,900	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other current assets
-4,700	8,000	34,800	-14,400	-76,400	11,400	26,100	-17,800	-15,700	34,000	40,600	-4,400	-6,000	7,300	-300	-3,700	15,200	-2,600	21,900	-4,600	-6,600	14,900	12,400	-7,600	1,600	-5,200	16,100	-16,900	-4,300	-31,200	35,300	-3,400	3,900	-23,300	-4,900	-7,000	20,700	-6,900	3,200	-2,500	10,400	-1,700
Other current liabilities
99,300	10,200	46,400	-74,800	49,300	-12,300	-54,400	-64,400	111,600	-11,800	38,000	-57,700	-16,600	39,000	15,000	-39,800	12,900	59,600	-2,100	-101,700	11,500	48,100	50,600	-47,400	-24,300	76,700	51,600	-73,100	6,500	-7,200	78,900	-61,800	-38,300	44,600	26,300	-76,400	-26,900	10,700	58,400	-61,800	-45,200	24,700
Net cash provided by operating activities
444,000	118,400	153,500	307,000	521,000	96,600	158,500	347,400	548,000	31,400	118,400	261,000	458,400	126,600	106,700	244,700	490,800	127,500	195,700	310,300	638,800	19,000	147,300	375,100	410,100	72,900	115,100	205,600	449,700	31,100	141,500	231,500	357,100	-22,400	87,500	175,100	328,100	-36,000	82,100	212,400	287,200	17,100
CASH FLOWS FROM INVESTING ACTIVITIES
Expenditures for property, plant and equipment
160,000	182,000	194,400	169,600	157,300	183,300	180,200	128,100	118,600	147,500	167,000	130,100	144,700	197,100	193,200	116,000	122,600	132,000	160,200	96,900	101,400	132,100	131,300	101,100	91,300	133,100	194,400	106,800	93,500	91,300	103,400	83,700	64,900	87,400	115,400	77,900	81,800	85,600	118,500	83,000	70,800	75,000
Acquisitions of businesses and assets, net of cash and restricted cash acquired
400	0	1,303,800	-100	43,500	15,000	-3,500	16,400	-1,500	175,800	48,000	45,500	6,500	800	900	10,900	7,700	41,700	19,300	420,900	100	7,200	13,800	2,000	500	20,800	54,600	800	23,500	0	6,800	11,900	1,409,000	152,800	2,900	5,000	6,800	37,800	57,600	15,700	5,300	4,400
Decrease in restricted cash
-	-	-	-	-	-	-	-	-	-	-	6,400	-7,600	-7,700	6,000	-30,400	-15,500	-13,800	24,200	-11,500	2,100	38,000	10,700	1,500	-100	-3,800	2,300	3,200	-4,100	3,900	-4,600	-9,200	-5,500	5,100	7,000	600	-9,800	-15,400	11,900	-16,000	29,300	2,600
Other, net
-9,400	-6,100	-6,400	700	-1,500	-4,300	-3,600	-400	-3,700	-5,300	13,100	11,600	2,100	2,200	-8,600	2,400	-1,900	-4,600	-2,400	2,900	-8,100	-7,000	-5,600	-4,500	-3,200	-1,300	-14,700	0	-400	-1,800	-1,100	-400	2,200	-1,900	18,100	3,200	2,400	-3,900	-6,900	3,200	1,000	10,500
Net cash used by investing activities
-151,000	-175,900	-1,491,800	-170,200	-199,300	-194,000	-173,100	-144,100	-113,400	-318,000	-237,000	-193,600	-145,700	-192,400	-191,500	-98,900	-112,900	-155,300	-201,300	-509,200	-95,500	-170,300	-150,200	-100,100	-88,500	-148,800	-236,600	-110,800	-112,500	-93,400	-104,500	-86,000	-1,470,600	-243,400	-143,400	-86,700	-81,200	-104,100	-114,500	-85,900	-106,400	-92,500
CASH FLOWS FROM FINANCING ACTIVITIES
Dividends on UGI Common Stock
67,700	67,900	56,700	52,300	45,200	45,300	45,100	45,200	43,300	43,300	43,300	43,300	41,100	41,200	41,100	41,100	39,300	39,200	39,200	39,300	37,500	37,500	37,500	33,800	32,400	32,400	32,400	32,200	30,600	30,600	30,400	30,400	29,100	29,200	29,100	29,000	27,900	27,800	27,500	27,500	21,700	21,900
Distributions on AmeriGas Partners publicly held Common Units
0	0	65,000	66,600	65,800	65,700	65,700	65,800	65,800	65,700	65,800	65,700	65,100	65,000	65,000	65,100	63,600	63,600	63,600	63,600	60,900	60,800	60,800	60,800	58,100	58,000	58,000	58,000	55,300	55,200	55,200	55,200	47,300	24,000	24,000	24,000	22,900	22,800	22,900	22,800	21,700	21,700
Issuances of long-term debt, net of issuance costs
15,000	15,000	1,533,600	0	149,200	728,900	0	100	0	124,300	0	0	517,500	789,600	196,700	1,432,800	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-200	-600	1,525,400	25,600	-	-	-	-	-	-	-	-
Repayments of long-term debt
28,900	31,100	9,300	4,200	3,200	721,100	7,800	77,000	22,400	41,900	8,600	127,600	397,700	530,900	542,900	948,600	3,900	74,500	23,000	399,500	4,300	2,600	5,800	54,000	178,700	4,100	140,200	19,000	3,200	6,300	59,800	21,400	215,600	3,100	396,300	3,300	981,000	3,000	85,300	2,300	5,300	1,900
Decrease in short-term borrowings
-190,800	51,400	426,600	-17,700	-325,300	243,400	125,500	6,700	-251,200	212,500	193,800	83,500	-149,400	-66,700	122,200	-79,100	-207,800	260,400	122,300	-42,000	-325,200	213,000	80,400	-126,100	-136,700	188,200	71,300	-40,600	-133,100	134,700	-12,500	15,400	-226,200	265,000	-80,000	-16,600	-52,900	74,900	161,200	-108,900	-71,300	56,900
Receivables Facility net repayments
-26,400	22,000	-10,600	57,000	-10,000	8,000	2,000	-10,000	-35,000	6,000	9,000	30,000	-35,000	9,500	25,500	-4,000	-22,000	6,500	-500	20,000	-43,000	35,500	34,500	-37,500	-25,000	5,500	20,500	-1,500	-22,000	33,000	-10,000	-17,000	-6,200	18,900	14,300	0	0	-12,100	-	-	-	-
Issuances of UGI Common Stock
100	600	1,500	3,500	4,900	6,900	-25,600	57,400	1,700	1,400	0	5,100	2,600	3,300	700	7,800	3,200	2,000	1,600	5,300	-500	5,500	3,900	-3,300	8,600	1,700	7,900	9,400	8,500	10,600	10,500	3,800	5,800	3,100	2,400	3,000	10,300	11,600	10,900	14,500	400	1,700
Repurchases of UGI Common Stock
15,700	22,600	0	0	0	16,900	16,300	29,400	4,600	9,500	14,600	3,200	25,500	0	22,900	0	1,100	23,600	16,800	0	17,300	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-800	0	-7,400	-700	800	-4,200	-2,900	1,100	-700	-2,700	0	0	-800	0	3,100	5,500	6,500	400	1,700	-2,900	1,000	-3,300	3,900	2,500	5,200	200	3,700	900	3,200	1,300	1,300	0	100	400	100	100	1,900	1,400	-	-	-	-
Net cash used by financing activities
-315,200	-32,600	1,283,800	-81,000	-294,600	134,000	-35,900	-162,100	-421,300	181,100	70,500	-121,200	-194,500	98,600	-323,700	308,200	-328,000	68,400	-9,800	130,600	-487,700	149,800	-300	-330,000	-246,500	101,100	99,900	-141,000	-232,500	87,500	-156,300	-105,400	1,283,500	256,700	-13,500	-69,500	-91,300	22,200	38,200	-145,300	-119,600	13,100
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-5,300	8,500	-10,700	1,800	-3,700	-3,800	-1,700	-12,200	5,900	3,000	-3,100	20,300	4,400	-20,400	2,100	-11,000	13,300	-7,300	-800	8,700	-20,200	-7,900	-15,700	-200	400	3,600	9,100	1,700	-6,500	3,000	2,700	-6,000	3,400	-400	-9,900	800	3,100	-3,400	13,100	-10,100	-6,100	-2,200
Cash, cash equivalents and restricted cash (decrease) increase
-27,500	-81,600	-65,200	57,600	23,400	32,800	-52,200	29,000	19,200	-102,500	-51,200	-33,500	122,600	12,400	-406,400	443,000	63,200	33,300	-16,200	-59,600	35,400	-9,400	-18,900	-55,200	75,500	28,800	-12,500	-44,500	98,200	28,200	-116,600	34,100	173,400	-9,500	-79,300	19,700	158,700	-121,300	18,900	-28,900	55,100	-64,500
CASH, CASH EQUIVALENTS AND RESTRICTED CASH
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
-27,500	-81,600	-65,200	57,600	23,400	32,800	-	-	-	-	-51,200	-33,500	122,600	12,400	-406,400	443,000	63,200	33,300	-16,200	-59,600	35,400	-9,400	-18,900	-55,200	75,500	28,800	-12,500	-44,500	98,200	28,200	-116,600	34,100	173,400	-9,500	-79,300	19,700	158,700	-121,300	18,900	-28,900	55,100	-64,500