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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, 1996
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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The undersigned registrant hereby amends its Annual Report on Form 10-K for
the fiscal year ended September 30, 1996, as set forth herein:
PART IV: ADDITIONAL EXHIBITS, SCHEDULES AND REPORTS
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM
8-K. The list of exhibits has been modified to indicate that Exhibit Numbers
23.2, 23.3, 99.2, and 99.3 have been filed as exhibits to this Report.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the
registrant has duly caused this amendment to be signed on its behalf by the
undersigned, thereunto duly authorized.
UGI CORPORATION
By C. L. Ladner
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C. L. Ladner
Senior Vice President - Finance
Date: March 26, 1997
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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 (other than financial statements filed
as exhibits to this report) are listed in the accompanying Index to Financial
Statements and Financial Statement Schedules set forth on pages F-2 to F-4 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)
3.2 Bylaws of UGI as in effect since October UGI Form 10-K 3.2
31, 1995. (9/30/95)
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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 its
long-term debt not required to be filed
pursuant to the description of Exhibit 4
contained in Item 601 of Regulation S-K)
4.1 Rights Agreement, as amended as of April UGI Form 8-K 4.1
17, 1996, between the Company and Mellon (4/17/96)
Bank, N.A., successor to Mellon Bank (East)
N.A., as Rights Agent, and Assumption
Agreement dated April 7, 1992
4.2 The description of the Company's Common UGI Form 8-B/A 3.(4)
Stock contained in the Company's (4/17/96)
registration statement filed under the
Securities Exchange Act of 1934, as amended
4.3 UGI's (Second) Amended and Restated
Articles of Incorporation and Bylaws
referred to in 3.1 and 3.2 above.
4.4 Utilities' Articles of Incorporation Utilities Form 8-K 4(a)
(9/22/94)
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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4.5 First Mortgage Notes Agreement dated as of AmeriGas Form 10-Q 10.8
April 12, 1995 among The Prudential Partners, L.P. (3/31/95)
Insurance Company of America, Metropolitan
Life Insurance Company, and certain other
institutional investors and AmeriGas
Propane, L.P., New AmeriGas Propane, Inc.
and Petrolane Incorporated
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10.1 Service Agreement (Rate FSS) dated as of UGI Form 10-K 10.5
November 1, 1989 between Utilities and (9/30/95)
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 P. 61,060 (1993), order on
rehearing, 64 FERC P. 61,365 (1993)
10.2 Service Agreement (Rate FTS) dated June 1, Utilities Form 10-K (10)o.
1987 between Utilities and Columbia, as (12/31/90)
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 P. 61,060 (1993), order on
rehearing, 64 FERC P. 61,365 (1993)
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.3 Transportation Service Agreement (Rate Utilities Form 10-K (10)p.
FTS-1) dated November 1, 1989 between (12/31/90)
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 P. 61,060
(1993), order on rehearing, 64 FERC P. 61,365
(1993)
10.4 Amended and Restated Sublease Agreement UGI Form 10-K 10.35
dated April 1, 1988 between Southwest Salt (9/30/94)
Co. and AP Propane, Inc. (the "Southwest
Salt Co. Agreement")
10.5 Letter dated September 26, 1994 pursuant to UGI Form 10-K 10.36
Article 1, Section 1.2 of the Southwest (9/30/94)
Salt Co. Agreement re: option to renew for
period of June 1, 1995 to May 31, 2000
10.6** UGI Corporation 1992 Directors' Stock Plan UGI Form 10-Q (10)ff
(6/30/92)
10.7** UGI Corporation Directors Deferred UGI Form 10-K 10.39
Compensation Plan dated August 26, 1993 (9/30/94)
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.8** UGI Corporation Retirement Plan for Outside UGI Form 10-K 10.40
Directors dated October 1, 1993 (9/30/94)
10.9** UGI Corporation 1992 Stock Option and UGI Form 10-Q (10)ee
Dividend Equivalent Plan, as amended May (6/30/92)
19, 1992
10.10** UGI Corporation Annual Bonus Plan dated UGI Form 10-Q 10.4
March 8, 1996 (6/30/96)
10.11** Amended and Restated Senior Executive UGI Form 10-K 10.43
Retirement Plan for Certain Employees of (9/30/94)
UGI Corporation and its Subsidiaries and
Affiliates, effective October 27, 1992
10.12** UGI Corporation Senior Executive Severance UGI Form 10-K 10.44
Pay Plan dated April 30, 1993 (9/30/94)
Change of Control Agreement between UGI
10.13** Corporation and Lon R. Greenberg UGI Form 10-Q 10.1
(6/30/96)
10.14** Form of Change of Control between UGI
Corporation and each of Messrs. Bunn and Form 10-Q 10.2
Ladner UGI (6/30/96)
10.15** Form of Change of Control Agreement
between UGI Corporation and each of
Messrs. Bovaird, Cuzzolina and Hall UGI Form 10-Q 10.3
(6/30/96)
10.16** Agreement with Robert C. Mauch dated July AmeriGas Form 10-K 10.22
25, 1996 Partners (9/30/96)
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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.17 Credit Agreement dated as of April 12, 1995 AmeriGas Registration 10.1
among AmeriGas Propane, L.P., AmeriGas Partners, L.P. Statement on Form
Propane, Inc., Petrolane Incorporated, Bank S-4 (No. 33-92734)
of America National Trust and Savings
Association, as Agent and certain banks
10.18 First Amendment dated as of July 31, 1995 AmeriGas Form 10-K 10.2
to Credit Agreement Partners, L.P. (9/30/96)
10.19 Second Amendment dated as of October 28, AmeriGas Form 10-K 10.3
1996 to Credit Agreement Partners, L.P. (9/30/96)
10.20 Intercreditor and Agency Agreement dated as AmeriGas Form 10-Q 10.2
of April 19, 1995 among AmeriGas Propane, Partners, L.P. (3/31/95)
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.
10.21 General Security Agreement dated as of AmeriGas Form 10-Q 10.3
April 19, 1995 among AmeriGas Propane, Partners, L.P. (3/31/95)
L.P., Bank of America National Trust
and Savings Association and
Mellon Bank, N.A.
10.22 Subsidiary Security Agreement dated as of AmeriGas Form 10-Q 10.4
April 19, 1995 among AmeriGas Propane, Partners, L.P. (3/31/95)
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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INCORPORATION BY REFERENCE
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EXHIBIT NO. EXHIBIT REGISTRANT FILING EXHIBIT
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10.23 Restricted Subsidiary Guarantee dated as of AmeriGas Form 10-Q 10.5
April 19, 1995 by AmeriGas Propane, L.P. Partners, L.P. (3/31/95)
for the benefit of Bank of America National
Trust and Savings Association, as
Collateral Agent
10.24 Trademark License Agreement dated April 19, AmeriGas Form 10-Q 10.6
1995 among UGI Corporation, AmeriGas, Inc., Partners, L.P. (3/31/95)
AmeriGas Propane, Inc., AmeriGas Partners,
L.P. and AmeriGas Propane, L.P.
10.25 Trademark License Agreement, dated April AmeriGas Form 10-Q 10.7
19, 1995 among AmeriGas Propane, Inc., Partners, L.P. (3/31/95)
AmeriGas Partners, L.P. and AmeriGas
Propane, L.P.
10.26 Credit Agreement dated October 28, 1996 AmeriGas Form 10-K 10.19
between AmeriGas Propane, Inc. and AmeriGas Partners, L.P. (9/30/96)
Partners, L.P.
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11 Statement re: Computation of Per Share
Earnings
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13 Pages 10 through 39 of 1996 Annual Report
to Shareholders
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21 Subsidiaries of the Registrant
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23 Consent of Coopers & Lybrand L.L.P.
*23.2 Consent of Coopers & Lybrand L.L.P.
(Re: Financial Statements and Schedules of
UGI Utilities, Inc. Savings Plan)
*23.3 Consent of Arthur Andersen LLP
(Re: Financial Statements and Schedules of
AmeriGas Propane, Inc. Savings Plan)
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27 Financial Data Schedule
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99 Cautionary Statements affecting
Forward-looking Information
*99.2 Financial Statements of the UGI Utilities,
Inc. Savings Plan
*99.3 Financial Statements of the AmeriGas
Propane, Inc. Savings Plan
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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:
During the last quarter of the 1996 fiscal year, the Company filed no
Current Reports on Form 8-K.
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
23.2 Consent of Coopers & Lybrand L.L.P.
23.3 Consent of Arthur Andersen LLP
99.2 Financial Statements of the UGI Utilities, Inc. Savings Plan
99.3 Financial Statements of the AmeriGas Propane, Inc. Savings Plan