8-K/AOther EventsExhibits & Filings

Energy Transfer LP 8-K/A Report, Corporate Update (Oct 29, 2012)

Filed October 29, 2012For Securities:ETET-PI

Summary

This 8-K filing by Energy Transfer LP (ET), filed on October 29, 2012, is an amendment providing crucial pro forma financial information related to the business combination with Sunoco LP. Investors should pay close attention to Exhibit 99.1, which contains unaudited pro forma condensed consolidated financial statements. These statements offer a projected view of the combined entity's financial position and performance as if the transaction had already occurred, covering key periods like June 30, 2012, and the six-month and full-year periods ending on that date and December 31, 2011, respectively. The filing also incorporates by reference historical financial statements of Sunoco, Inc. This pro forma data is essential for understanding the potential financial impact and future financial health of the combined Energy Transfer and Sunoco entities following their merger. Investors can use this information to assess the financial strength, operational scale, and potential synergies of the newly formed company.

Key Highlights

  • 1The filing is an amendment to a previous 8-K, specifically providing pro forma financial information.
  • 2Exhibit 99.1 presents unaudited pro forma condensed consolidated balance sheet as of June 30, 2012.
  • 3Exhibit 99.1 includes unaudited pro forma condensed consolidated statements of continuing operations for the six months ended June 30, 2012, and for the year ended December 31, 2011.
  • 4The pro forma statements are prepared in accordance with Article 11 of Regulation S-X, indicating a standardized presentation for potential investors.
  • 5Historical financial statements of Sunoco, Inc. for various periods (six months ended June 30, 2012 & 2011, and years ended Dec 31, 2011, 2010, 2009) are incorporated by reference.
  • 6The filing aims to provide investors with a clearer picture of the combined entity's financial standing post-transaction.

Frequently Asked Questions

The main purpose of this amended 8-K filing is to provide investors with unaudited pro forma condensed consolidated financial information. This information reflects the expected financial position and results of operations of Energy Transfer LP and Sunoco LP as if their business combination had already occurred.

The unaudited pro forma condensed consolidated financial statements are presented in Exhibit 99.1 to this Current Report on Form 8-K/A.

The filing includes pro forma statements for periods including June 30, 2012, and the year ended December 31, 2011. It also incorporates by reference historical financial statements of Sunoco, Inc. for the six months ended June 30, 2012 and 2011, and for the years ended December 31, 2011, 2010, and 2009.

Pro forma financial information is important for investors because it gives them a hypothetical view of the combined company's financial health and performance immediately after a significant transaction, such as a merger. It helps in evaluating the potential impact of the deal and assessing the future financial outlook of the consolidated entity.