| Parent only financial information |
Schedule I FERRELLGAS PARTNERS, L.P.
PARENT ONLY
BALANCE SHEETS
(in thousands, except unit data) | | | | | | | | | July 31, 2026 | | July 31, 2025 | ASSETS | | | | | | | | | | | | | | Cash and cash equivalents | | $ | 128 | | $ | 301 | Prepaid expenses and other current assets | | | 20 | | | 82 | Total assets | | $ | 148 | | $ | 383 | | | | | | | | LIABILITIES AND PARTNERS’ DEFICIT | | | | | | | | | | | | | | Other current liabilities | | $ | 1,748 | | $ | 592 | Investment in Ferrellgas, L.P. | | | 1,118,563 | | | 1,020,423 | Other liabilities | | | 1,116 | | | — | | | | | | | | Partners’ deficit | | | | | | | Class A (11,357,605 and 4,857,605 units outstanding at 2026 and 2025, respectively) | | | (1,046,995) | | | (1,332,704) | Class B (1,300,000 units outstanding at 2025) | | | — | | | 383,012 | General partner unitholder (49,496 units outstanding at 2026 and 2025) | | | (70,214) | | | (70,845) | Accumulated other comprehensive loss | | | (4,070) | | | (95) | Total Ferrellgas Partners, L.P. partners’ deficit | | | (1,121,279) | | | (1,020,632) | Total liabilities and partners’ deficit | | $ | 148 | | $ | 383 | | | | | | | |
FERRELLGAS PARTNERS, L.P. PARENT ONLY STATEMENTS OF OPERATIONS (in thousands) | | | | | | | | | | | | For the year ended July 31, | | | 2026 | | 2025 | | 2024 | Equity in earnings (loss) of Ferrellgas, L.P. | | $ | 74,240 | | $ | (15,034) | | $ | 109,957 | Operating, general and administrative expense | | | (2,555) | | | (493) | | | (12) | | | | | | | | | | | Operating income (loss) | | | 71,685 | | | (15,527) | | | 109,945 | | | | | | | | | | | Other income, net | | | 53 | | | 15 | | | 323 | Income tax expense (1) | | | (5) | | | (54) | | | (52) | | | | | | | | | | | Net earnings (loss) | | | 71,733 | | | (15,566) | | | 110,216 | | | | | | | | | | | Less: Distributions to Class B Unitholders | | | 107,016 | | | — | | | 99,996 | | | | | | | | | | | Net (loss) earnings attributable to Ferrellgas, L.P. | | $ | (35,283) | | $ | (15,566) | | $ | 10,220 |
(1) Cash paid for income taxes, net of refunds, during the year ended July 31, 2026 was $5 thousand. FERRELLGAS PARTNERS, L.P. PARENT ONLY STATEMENTS OF CASH FLOWS (in thousands) | | | | | | | | | | | | For the year ended July 31, | | | 2026 | | 2025 | | 2024 | Cash flows from operating activities: | | | | | | | | | | Net earnings (loss) | | $ | 71,733 | | $ | (15,566) | | $ | 110,216 | Reconciliation of net earnings (loss) to net cash (used in) provided by operating activities: | | | | | | | | | | Other | | | 2,334 | | | 405 | | | 63 | Equity in (earnings) loss of Ferrellgas, L.P. | | | (74,240) | | | 15,034 | | | (109,957) | Net cash (used in) provided by operating activities | | | (173) | | | (127) | | | 322 | | | | | | | | | | | Cash flows from investing activities: | | | | | | | | | | Distributions received from Ferrellgas, L.P. | | | 107,016 | | | — | | | 100,000 | Net cash provided by investing activities | | | 107,016 | | | — | | | 100,000 | | | | | | | | | | | Cash flows from financing activities: | | | | | | | | | | Distributions paid to Class B unitholders | | | (107,016) | | | — | | | (99,996) | Net cash used in financing activities | | | (107,016) | | | — | | | (99,996) | | | | | | | | | | | Net (decrease) increase in cash and cash equivalents | | | (173) | | | (127) | | | 326 | Cash and cash equivalents - beginning of year | | | 301 | | | 428 | | | 102 | Cash and cash equivalents - end of year | | $ | 128 | | $ | 301 | | $ | 428 | | | | | | | | | | |
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