1
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 10-K/A
AMENDMENT NO. 1
TO
ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2000
Commission file number 1-11071
UGI CORPORATION
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
Pennsylvania 23-2668356
(STATE OR OTHER JURISDICTION (I.R.S. EMPLOYER IDENTIFICATION NO.)
OF INCORPORATION OR ORGANIZATION)
460 North Gulph Road, King of Prussia, PA 19406
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(610) 337-1000
(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
NAME OF EACH EXCHANGE
TITLE OF CLASS ON WHICH REGISTERED
Common Stock, without par value New York Stock Exchange, Inc.
Philadelphia Stock Exchange, Inc.
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: None
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2
The undersigned registrant hereby amends its Annual Report on Form 10-K
for the fiscal year ended September 30, 2000 to include the financial statements
required by Form 11-K with respect to the UGI Utilities, Inc. Savings Plan and
the AmeriGas Propane, Inc. Savings Plan, as set forth herein:
PART IV: ADDITIONAL EXHIBITS, SCHEDULES AND REPORTS
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES,
AND REPORTS ON FORM 8-K
(a) DOCUMENTS FILED AS PART OF THIS REPORT:
(1), (2) The financial statements and financial statement schedules
incorporated by reference or included in this report are listed in
the accompanying Index to Financial Statements and Financial
Statement Schedules set forth on pages F-2 through F-3 of this
report, which is incorporated herein by reference.
(3) LIST OF EXHIBITS:
The exhibits filed as part of this report are as follows (exhibits
incorporated by reference are set forth with the name of the
registrant, the type of report and registration number or last date
of the period for which it was filed, and the exhibit number in such
filing):
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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3.1 (Second) Amended and Restated Articles of UGI Amendment No. 1 on 3.(3)(a)
Incorporation of the Company Form 8 to Form 8-B
(4/10/92)
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3.2 Bylaws of UGI as in effect since October UGI Form 10-K (9/30/98) 3.2
27, 1998
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3
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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4 Instruments defining the rights of security
holders, including indentures. (The Company
agrees to furnish to the Commission upon
request a copy of any instrument defining
the rights of holders of long-term debt not
required to be filed pursuant to Item
601(b)(4) of Regulation S-K)
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4.1 Rights Agreement, as amended as of August UGI Registration 4.3
18, 2000, between the Company and Mellon Statement No.
Bank, N.A., successor to Mellon Bank (East) 333-49080
N.A., as Rights Agent, and Assumption
Agreement dated April 7, 1992
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4.2 The description of the Company's Common UGI Form 8-B/A (4/17/96) 3.(4)
Stock contained in the Company's
registration statement filed under the
Securities Exchange Act of 1934, as amended
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4.3 UGI's (Second) Amended and Restated
Articles of Incorporation and Bylaws
referred to in 3.1 and 3.2 above
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4.4 Note Agreement dated as of April 12, 1995 AmeriGas Partners, Form 10-Q 10.8
among The Prudential Insurance Company of L.P.
America, Metropolitan Life Insurance (3/31/95)
Company, and certain other institutional
investors and AmeriGas Propane, L.P., New
AmeriGas Propane, Inc. and Petrolane
Incorporated
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4.5 First Amendment dated as of September 12, AmeriGas Partners, Form 10-K (9/30/97) 4.5
1997 to Note Agreement dated as of April L.P.
12, 1995
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4
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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4.6 Second Amendment dated as of September 15, AmeriGas Partners, Form 10-K (9/30/98) 4.6
1998 to Note Agreement dated as of April L.P.
12, 1995
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4.7 Third Amendment dated as of March 23, 1999 AmeriGas Partners, Form 10-Q (3/31/99) 10.2
to Note Agreement dated as of April 12, 1995 L.P.
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4.8 Fourth Amendment dated as of March 16, 2000 AmeriGas Partners, Form 10-Q (6/30/00) 10.2
to Note Agreement dated as of April 12, 1995 L.P.
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4.9 Second Amended and Restated Agreement of AmeriGas Partners, Form 8-K 1
Limited Partnership of AmeriGas Partners, L.P. (9/30/00)
L.P.
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10.1 Service Agreement (Rate FSS) dated as of UGI Form 10-K (9/30/95) 10.5
November 1, 1989 between Utilities and
Columbia, as modified pursuant to the
orders of the Federal Energy Regulatory
Commission at Docket No. RS92-5-000
reported at Columbia Gas Transmission
Corp., 64 FERC *61,060 (1993), order on
rehearing, 64 FERC *61,365 (1993)
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5
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.2 Service Agreement (Rate FTS) dated June 1, Utilities Form 10-K (12/31/90) (10)o.
1987 between Utilities and Columbia, as
modified by Supplement No. 1 dated October
1, 1988; Supplement No. 2 dated November 1,
1989; Supplement No. 3 dated November 1,
1990; Supplement No. 4 dated November 1,
1990; and Supplement No. 5 dated January 1,
1991, as further modified pursuant to the
orders of the Federal Energy Regulatory
Commission at Docket No. RS92-5-000
reported at Columbia Gas Transmission
Corp., 64 FERC *61,060 (1993), order on
rehearing, 64 FERC *61,365 (1993)
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10.3 Transportation Service Agreement (Rate Utilities Form 10-K (12/31/90) (10)p.
FTS-1) dated November 1, 1989 between
Utilities and Columbia Gulf Transmission
Company, as modified pursuant to the orders
of the Federal Energy Regulatory Commission
in Docket No. RP93-6-000 reported at
Columbia Gulf Transmission Co., 64 FERC
*61,060 (1993), order on rehearing, 64 FERC
*61,365 (1993)
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10.4 Amended and Restated Sublease Agreement UGI Form 10-K (9/30/94) 10.35
dated April 1, 1988 between Southwest Salt
Co. and AP Propane, Inc. (the "Southwest
Salt Co. Agreement")
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6
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.5 Letter dated July 8, 1998 pursuant to UGI Form 10-K (9/30/99) 10.5
Article 1, Section 1.2 of the Southwest
Salt Co. Agreement re: option to renew for
period of June 1, 2000 to May 31, 2005 and
related extension notice
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10.6** UGI Corporation Directors Deferred UGI Form 10-K 10.6
Compensation Plan Amended and Restated as
of January 1, 2000 (9/30/00)
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10.7** UGI Corporation 1992 Stock Option and UGI Form 10-Q (6/30/92) (10)ee
Dividend Equivalent Plan, as amended May
19, 1992
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10.8** UGI Corporation Annual Bonus Plan dated UGI Form 10-Q (6/30/96) 10.4
March 8, 1996
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10.9** UGI Corporation Directors' Equity UGI Form 10-K 10.9
Compensation Plan Amended and Restated as
of January 1, 2000 (9/30/00)
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10.10** UGI Corporation 1997 Stock Option and UGI Form 10-Q (3/31/97) 10.2
Dividend Equivalent Plan
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10.11** UGI Corporation 1992 Directors' Stock Plan UGI Form 10-Q (6/30/92) (10)ff
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10.12** UGI Corporation Senior Executive Employee UGI Form 10-K (9/30/97) 10.12
Severance Pay Plan effective January 1, 1997
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10.13** UGI Corporation 2000 Directors' Stock UGI Form 10-K (9/30/99) 10.13
Option Plan
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10.14** UGI Corporation 2000 Stock Incentive Plan UGI Form 10-Q (6/30/00) 10.1
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10.15** 1997 Stock Purchase Loan Plan UGI Form 10-K (9/30/97) 10.16
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10.16** UGI Corporation Supplemental Executive UGI Form 10-Q (6/30/98) 10
Retirement Plan Amended and Restated
effective October 1, 1996
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7
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.17** Summary of Terms of UGI Corporation 1999 UGI Form 10-Q (6/30/99) 10
Restricted Stock Awards
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10.18 Amended and Restated Credit Agreement dated AmeriGas Partners, Form 10-K 10.1
as of September 15, 1997 among AmeriGas L.P.
Propane, L.P., AmeriGas Propane, Inc., (9/30/97)
Petrolane Incorporated, Bank of America
National Trust and Savings Association, as
Agent, First Union National Bank, as
Syndication Agent and certain banks
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10.19 First Amendment dated as of September 15, AmeriGas Partners, Form 10-K (9/30/98) 10.2
1998 to Amended and Restated Credit L.P.
Agreement
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10.20 Second Amendment dated as of March 25, 1999 AmeriGas Partners, Form 10-Q (3/31/99) 10.1
to Amended and Restated Credit Agreement L.P.
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10.21 Third Amendment dated as of March 22, 2000 AmeriGas Partners, Form 10-Q (6/30/00) 10.3
to Amended and Restated Credit Agreement L.P.
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10.22 Fourth Amendment dated as of June 6, 2000 AmeriGas Partners, Form 10-Q (6/30/00) 10.4
to Amended and Restated Credit Agreement L.P.
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8
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.23 Intercreditor and Agency Agreement dated as AmeriGas Partners, Form 10-Q (3/31/95) 10.2
of April 19, 1995 among AmeriGas Propane, L.P.
Inc., Petrolane Incorporated, AmeriGas
Propane, L.P., Bank of America National
Trust and Savings Association ("Bank of
America") as Agent, Mellon Bank, N.A. as
Cash Collateral Sub-Agent, Bank of America
as Collateral Agent and certain creditors
of AmeriGas Propane, L.P.
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10.24 General Security Agreement dated as of AmeriGas Partners, Form 10-Q (3/31/95) 10.3
April 19, 1995 among AmeriGas Propane, L.P.
L.P., Bank of America National Trust and
Savings Association and Mellon Bank, N.A.
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10.25 Subsidiary Security Agreement dated as of AmeriGas Partners, Form 10-Q (3/31/95) 10.4
April 19, 1995 among AmeriGas Propane, L.P.
L.P., Bank of America National Trust and
Savings Association as Collateral Agent and
Mellon Bank, N.A. as Cash Collateral Agent
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10.26 Restricted Subsidiary Guarantee dated as of AmeriGas Partners, Form 10-Q (3/31/95) 10.5
April 19, 1995 by AmeriGas Propane, L.P. L.P.
for the benefit of Bank of America National
Trust and Savings Association, as
Collateral Agent
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9
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.27 Trademark License Agreement dated April 19, AmeriGas Partners, Form 10-Q (3/31/95) 10.6
1995 among UGI Corporation, AmeriGas, Inc., L.P.
AmeriGas Propane, Inc., AmeriGas Partners,
L.P. and AmeriGas Propane, L.P.
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10.28 Trademark License Agreement, dated April AmeriGas Partners, Form 10-Q (3/31/95) 10.7
19, 1995 among AmeriGas Propane, Inc., L.P.
AmeriGas Partners, L.P. and AmeriGas
Propane, L.P.
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10.29 Agreement dated as of May 1, 1996 between AmeriGas Partners, Form 10-K (9/30/97) 10.2
TE Products Pipeline Company, L.P. and L.P.
AmeriGas Propane, L.P.
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10.30 Pledge Agreement dated September 1999 UGI Form 10-K (9/30/99) 10.28
between Eastfield International Holdings,
Inc. and Reiffeisen Zentralbank Osterreich
Aktiengesellschaft ("RZB")
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10.31 Pledge Agreement dated September 1999 UGI Form 10-K (9/30/99) 10.29
between EuroGas Holdings, Inc. and RZB
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10.32 Form of Guarantee Agreement dated September UGI Form 10-K (9/30/99) 10.30
1999 between UGI Corporation and RZB
relating to loan amount of EURO 74 million
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10.33 Form of Guarantee Agreement dated September UGI Form 10-K 10.33
2000 between UGI Corporation and RZB
relating to loan amount of EURO 14.9 million (9/30/00)
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10.34 Form of Guarantee Agreement dated September UGI Form 10-K 10.34
2000 between UGI Corporation and RZB
relating to loan amount of EURO 9 million (9/30/00)
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10
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.35** Description of Change of Control UGI Form 10-K (9/30/99) 10.33
arrangements for Messrs. Greenberg, Bovaird
and Mendicino
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10.36** Description of Change of Control UGI Form 10-K (9/30/99) 10.34
arrangement for Mr. Chaney
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10.37** Description of Change of Control AmeriGas Partners, Form 10-K (9/30/99) 10.31
arrangement for Mr. Bissell L.P.
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10.38** Consulting Services Agreement dated as of UGI Form 10-K (9/30/00) 10.38
August 1, 2000 between Stephen D. Ban and
UGI Corporation
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10.39** 1992 Non-Qualified Stock Option Plan, as UGI Form 10-K (9/30/00) 10.39
amended
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10.40 Service Agreement for comprehensive UGI Form 10-K (9/30/00) 10.40
delivery service (Rate CDS) dated February
23, 1998 between UGI Utilities, Inc. and
Texas Eastern Transmission Corporation
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10.41 Service Agreement for comprehensive UGI Form 10-K (9/30/00) 10.41
delivery service (Rate CDS) dated February
23, 1999 between UGI Utilities, Inc. and
Texas Eastern Transmission Corporation
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13 Pages 13 through 47 of 2000 Annual Report UGI Form 10-K (9/30/99) 13
to Shareholders
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21 Subsidiaries of the Registrant UGI Form 10-K (9/30/00) 21
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11
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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23 Consent of Arthur Andersen LLP UGI Form 10-K (9/30/00) 23
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*23.1 Consent of Arthur Andersen LLP re:
Financial Statements and Supplemental
Schedule of UGI Utilities, Inc. Savings
Plan and AmeriGas Propane, Inc. Savings
Plan for the year ended December 31, 2000
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27 Financial Data Schedule UGI Form 10-K (9/30/00) 27
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*99 Financial Statements and Supplemental
Schedule of UGI Utilities, Inc. Savings
Plan and AmeriGas Propane, Inc. Savings
Plan for the year ended December 31, 2000
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* Filed herewith.
** As required by Item 14(a)(3), this exhibit is identified as a compensatory
plan or arrangement.
(b) Reports on Form 8-K:
The Company filed no Current Reports on Form 8-K during the last quarter
of fiscal year 2000.
12
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities
Exchange Act of 1934, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned.
UGI CORPORATION
Date: June 27, 2001 By: /s/ Anthony J. Mendicino
-------------------------------
Anthony J. Mendicino
Vice President - Finance
and Chief Financial Officer
13
EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
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23.1 Consent of Arthur Andersen LLP re: Financial
Statements and Supplemental Schedule of UGI
Utilities, Inc. Savings Plan and AmeriGas
Propane, Inc. Savings Plan for the year ended
December 31, 2000
99 Financial Statements and Supplemental Schedule
of UGI Utilities, Inc. Savings Plan and
AmeriGas Propane, Inc. Savings Plan for the
year ended December 31, 2000