Acquisitions and dispositions |
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| Acquisitions and dispositions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Acquisitions and dispositions | C. Acquisitions and dispositions Acquisitions Business combinations are accounted for under the acquisition method of accounting and the assets acquired and liabilities assumed are recorded at their estimated fair market values as of the acquisition dates. The results of operations are included in the consolidated statements of operations from the date of acquisition. The pro forma effect of these transactions was not material to Ferrellgas’ consolidated balance sheets or results of operations. Propane operations and related equipment sales Fiscal 2026 The Company did not make any acquisitions during fiscal 2026. Fiscal 2025 In addition to a $0.2 million measurement period adjustment related to Eastern Sierra Propane, Ferrellgas acquired propane distribution assets of one independent distributor, with a value of $4.2 million in the following transaction during fiscal 2025:
Fiscal 2024 During fiscal 2024, Ferrellgas acquired propane distribution assets of one independent distributor, with a value of $18.1 million in the following transaction:
These acquisitions were funded as follows on their dates of acquisition, including any adjustments identified during the measurement period:
The aggregate fair values for the acquisitions in propane operations and related equipment sales reporting segment, were allocated as follows, including any adjustments identified during the measurement period:
Dispositions We incurred a loss on asset sales and disposals of $4.8 million, $3.0 million and $2.8 million in fiscal 2026, 2025 and 2024, respectively.
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