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IncentivesfBeneficial Ownership$=Agreement with Angelo Catania!ʽAgreement with Angelo (1)PART IVkINDEX TO EXHIBITS&AND FINANCIAL STATEMENT SCHEDUL5
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PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
Balance SheetIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
LongTerm Debt
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STAR GAS PARTNERS LP10K
12/14/2004C;Securities registered pursuant to Section 12(b) of the Act: Title of each class 1 )Name of each exchange on which registered
Common Units
New York Stock Exchange!Senior Subordinated UnitsNew York Stock Exchange
$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/&@g[OCx$=PF0*8X>
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??B!Securities registered pursuant TABLE OF CONTENTSRecent AcquisitionsHome Heating Oil Segment PART IIIncome Statement
PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
Balance SheetIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
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STAR GAS PARTNERS LP10K
12/14/2004H@Securities registered pursuant to Section 12(g) of the Act: None Star Gas Partners, L.P. Common Units ~
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dMbP?_*+%,&٭e2?'٭e2?(٭e2?)٭e2?",D/??B!Securities registered pursuant Securities registered (1)Recent AcquisitionsHome Heating Oil Segment PART IIIncome Statement
PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
Balance SheetIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
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6
STAR GAS PARTNERS LP10K
12/14/2004TABLE OF CONTENTS Page
PART IItem 1.Business~
Item 2.
Properties
~
^Item 3.&Legal Proceedings  Litigation~
bItem 4.3+Submission of Matters to a Vote of Security~
fHoldersPART IIItem 5.5Market for the Registrant s Units and Related~
jMattersItem 6.3+Selected Historical Financial and Operating~
rDataItem 7./'Management s Discussion and Analysis of~
~5Financial Condition and Results of OperationsItem 7A.0(Quantitative and Qualitative Disclosures~
about Market RiskItem 8..&Financial Statements and Supplementary~
DataItem 9.5Changes in and Disagreements with Accountants~
.&on Accounting and Financial DisclosureD
lym1s&trNA\N& !"#$%&'()*+,./012345 Item 9A. Controls and Procedures ~
!!!"""PART III""###$Item 10.$/$'Directors and Executive Officers of the$~
$%%%
Registrant&Item 11.&&Executive Compensation&~
&'Item 12.'0'(Security Ownership of Certain Beneficial'~
'(((Owners and Management)Item 13.)6).Certain Relationships and Related Transactions)~
)*Item 14.*.*&Principal Accounting Fees and Services*~
*+++,,,PART IV,,.Item 15..2.*Exhibits and Financial Statement Schedules.~
.///0
Appendix A010)Tax Consequences to Unitholders Upon Sale00111of The Propane Segment2$3____________________________14)Created by Morningstar Document Research.05(http://documentresearch.morningstar.com/0; yu2z=PF0*8X>
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PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
Balance SheetIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
LongTerm Debt
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STAR GAS PARTNERS LP10K
12/14/2004Recent Acquisitions Connecticut Indiana (continued) Michigan New York (continued) Pennsylvania
Stamford
Loogootee
Charlotte
Hudson
Beaver Springs
South WindsorMadisonChassellPenn YanHazleton NashvilleColemanPoughkeepsie Mansfield
Florida
New Salisbury
Germfask
Ticonderoga
Mt. PoconoBronson
N. Manchester
GwinnWashingtonvilleWind Gap ChieflandPortlandMattawan
Crystal River RemingtonMunisingOhioRhode IslandHigh SpringsRichmond
Osseo
Bowling Green
Davisville Kissimmee RushvilleOwosso
Columbiana MelbourneSeymourSomerset CenterColumbusVermontNew Smyrna BeachSulphur SpringsDefiance
Bennington
Pompano Beach
Versailles MinnesotaDeshlerBrandonWarren Caledonia
DoverManchester CenterGeorgiaWaterloo Fairfield
MiddleburyBlakelyWinamac
New HampshireHebron
MontpelierBerlinIrontonMorrisvilleIllinoisKentucky Brentwood Jamestown
St. AlbansScales Mound Dry RidgeOssipeeKentonWhite River JunctionShelbyville Lancaster Lewisburg
West VirginiaIndiana
Maine
New Jersey Lynchburg(from Ironton, OH)
Batesville Fairfield BridgetonMaumeeDlwkMQ2n7eC ! " # $ % & ' ( ) * + ,  . Bedford Fryeburg Maple Shade Mt. Orab Wisconsin!
Bloomfield!
!Wells!!
Pleasantville!!
Mt. Vernon!!Black River Falls"Bluffton""Windham""Woodbine""
North Star""Chetek#
Columbia City######Ripley## La Crosse$Decatur$$
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IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
Balance SheetIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
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STAR GAS PARTNERS LP10K
12/14/2004 Home Heating Oil Segment New York
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New Jersey(
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Staten Island(Centered in Lawrence)Newark (Metropolitan)
Eastern Long Island
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North BrunswickWestern Long IslandRockaway#Westchester/Putnam CountiesPennsylvaniaTrenton
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ProvidenceConnecticutHarrisburg CountyNewportBridgeport New HavenLancaster CountyFairfield CountyLebanon CountyMaryland/Virginia/D.C.Litchfield CountyPhiladelphia ArlingtonYork County Baltimore'Washington, D.C. (Metropolitan)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/@ D~rf*XwOGf=PF0*8X>
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PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
Balance SheetIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
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STAR GAS PARTNERS LP10K
12/14/2004PART II
% SGU  Common Unit Price Range
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IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
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STAR GAS PARTNERS LP10K
12/14/2004Income Statement
' Fiscal Year Ended September 30,
,$(in thousands, except per unit data)2000 (c)2001 (c)
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STAR GAS PARTNERS LP10K
12/14/2004?7Directors and Executive Officers of the General Partner Name Age ) !Position with the General Partner
Irik P. Sevin (b)
~
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'Chairman, President and Chief ExecutiveOfficerAmi Trauber~
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$Vice President and TreasurerAudrey L. Sevin~
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12/14/2004Summary CompensationITEM 11.EXECUTIVE COMPENSATION
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STAR GAS PARTNERS LP10K
12/14/2004Summary Compensation
" Summary Compensation Table LongTerm
Annual Compensation
Compensation#Name and Principal PositionYearSalary
Bonus
Other
Restricted
SecuritiesAll
Annual
Stock
Underlying
Other
Compensation
Awards
UARs
CompensationIrik P. Sevin,~
R~
B'~
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2*Chairman of the Board, President and Chief~
N~
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Executive Officer~
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Ami Trauber,~
R~
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#Chief Financial Officer (6)~
N~
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J~
b~
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"SJoseph P. Cavanaugh,~
R~
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N~
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David A. Shinnebarger,~
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Daniel P. Donovan,~
R~
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STAR GAS PARTNERS LP10K
12/14/2004%Option/UAR Grants in Last Fiscal Year
Number of
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Date
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12/14/2004%and Fiscal Year End Option/UAR Values Name Number of Value of
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STAR GAS PARTNERS LP10K
12/14/2004
Incentives
Plan category (a) (b) (c)
Number of
Weightedaverage
Number ofsecurities to beexercise price of
securitiesissued uponoutstanding remaining
exercise of
options, warrants
available foroutstanding
and rightsfutureoptions,issuancewarrants andunder equityrightscompensation
plans
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12/14/2004Beneficial OwnershipITEM 12.0(SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
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STAR GAS PARTNERS LP10K
12/14/2004%Agreement with Angelo Catania
Common Units Senior
Junior ! General Partner Units (a)
Subordinated Units
Subordinated Units
NameNumber
PercentageNumber
Percentage
Number
PercentageNumber
Percentage
Star Gas LLC
%
~
6
*
%
%
~
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%
Irik P. Sevin~
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?~
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Audrey L. Sevin~
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R
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Stephen Russell~
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Richard F. Ambury~
6! *
Ami Trauber
Joseph P. Cavanaugh~
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David Shinnebarger
Daniel P. Donovan
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STAR GAS PARTNERS LP10K
12/14/2004PART IV ~
Financial Statements
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Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
LongTerm Debt
LimitationsLimitations (1)Limitations (2)!VALUATION AND QUALIFYING ACCOUN!Tax Consequences to Unitholders!10 This Letter Amendment and Wa10 This Letter Amendment (1) CONSENT ExampleU }I }$ }@
STAR GAS PARTNERS LP10K
12/14/2004INDEX TO EXHIBITS Exhibit Description
Number@1)Amended and Restated Agreement of Limited
1
)Partnership of Star Gas Partners, L.P.(2)333333@1)Amended and Restated Agreement of Limited0(Partnership of Star Gas Propane, L.P.(2)@2*Amendment No. 1 dated as of April 17, 20014,to Amended and Restated Agreement of Limited2*Partnership of Star Gas Partners, L.P.(11)@2*Unit Purchase Rights Agreement dated April17, 2001(12)ffffff@/'Amendment No. 2 to Amended and Restated0(Agreement of Limited Partnership of StarGas Partners, L.P.(16)@/'Amendment No. 3 to Amended and Restated0(Agreement of Limited Partnership of StarGas Partners.(20)DalymIU=2(C !"#$%&'()*+,./0123456789:;<=>? !333333@!/!'Amendment No. 1 to Amended and Restated""0"(Agreement of Limited Partnership of Star###Gas Propane.(20)$$%ffffff$@%5%Form of Conveyance and Contribution Agreement&&3&+among Star Gas Corporation, the Partnership'')'!and the Operating Partnership.(3)(()$@)3)+Form of First Mortgage Note Agreement among***%certain insurance companies, Star Gas++0+(Corporation and Star Gas Propane L.P.(3),,$@Intercompany Debt(3)../%@/1/)Form of Noncompetition Agreement between00$0Petro and the Partnership(3)112333333%@252Form of Star Gas Corporation 1995 Unit Option333Plan(3)(10)445ffffff%@5 5Amoco Supply Contract(3)667Q8$@7/7'Note Agreement, dated as of January 22,88:821998, by and between Star Gas and The Northwestern99(9 Mutual Life Insurance Company(6)::;HzG$@;1;)Agreement and Plan of Merger by and among<<0<(Petroleum Heat and Power Co., Inc., Star==0=(Gas Partners, L.P., Petro/Mergeco, Inc.,>>%>and Star Gas Propane, L.P.(2)??D lKY^Qs[Z_@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_@L$@@@Exchange Agreement(2)AABRQ$@B1B)Amendment to the Exchange Agreement datedCC#Cas of February 10, 1999(2).DDEzGa$@E/E'$12,500,000 8.67% First Mortgage Notes,FF%FSeries A, due March 30, 2012.GGHH/H'$15,000,000 8.72% First Mortgage Notes,II6I.Series B, due March 30, 2015 dated as of MarchJJJ30, 2000(5)KKLQk$@L2L*June 2000 Star Gas Employee Unit IncentiveMMMPlan(6)(10)NNOq=
ףp$@O4O,$40,000,000 Senior Secured Note Agreement(7)PPQ(\u$@Q.Q&Note Purchase Agreement for $7,500,000RR1R)7.62% First Mortgage Notes, Series A, dueSS1S)April 1, 2008 and $22,000,000 7.95% FirstTT.T&Mortgage Notes, Series B, due April 1,UU~
UnVVWQ$@W0W(Note Agreement dated as of July 30, 2001XX.X&for $103,000,000 by Star Gas Partners,YYY%L.P., Petro Holdings, Inc., PetroleumZZ0Z(Heat and Power Co., Inc., and the agents[[9[1Bank of America, N.A. and First Union Securities,\\\Inc.(14)]]^
ףp=$@^2^*Employment agreement dated as of September__2_*30, 2001 between Star Gas LLC, and Irik P.D lVmU
qh~4ZpD,`abcdefghijklmnopqrstuvwxyz{}~```Sevin.(10)(14)aab(\$@b.b&Meenan Equity Purchase Agreement datedcccJuly 31, 2001(13)ddep=
ף$@ee%Amended and restated credit agreementff.f&dated September 23, 2003, between Stargg0g(Gas Propane, LP and the agents, JPMorganhh.h&Chase Bank and Wachovia Bank, N.A.(19)iij)\$@j.j&Parity debt agreement, dated Septemberkk/k'30, 2003, between Star Gas Propane, LP,ll5land the agents, Fleet National Bank, Wachoviamm.m&Bank, N.A. and JPMorgan Chase Bank(19)nnoGz$@o4o,Employment agreement between Petro Holdings,pp*p"Inc. and Angelo J. Catania(10)(19)qqr33333$@r1r)Credit agreement dated December 22, 2003,ss2s*between Petroleum Heat and Power Co., Inc.tt5tand the agents, Fleet National Bank, JPMorganuu=u5Chase Bank and LaSalle Bank National Association.(17)vvwQ$@w2w*First supplemental indenture dated Januaryxx0x(22, 2004 to the indenture dated Februaryyy1y)6, 2003 for the Partnership s 10 % SeniorzzzNotes due 2013.(17){{=
ףp$@0(Agreement to sell the stock and business}}$}of Total Gas & Electric.(18)~~(\$@80Indenture for the 10 % senior notes due FebruaryDS
lf147.}/mI1~
vHz$@2*Letter Amendment and Waiver No. 2 to PetroCredit Agreement.(1)$@3+Employment Agreement between the Registrant&and David Shinnebarger.(1)(10)R$@4,Employment Agreement between Petro Holdings,*"Inc. and Daniel P. Donovan.(1)(10)ףp=
$@0(Interest Purchase Agreement for the sale%of the propane operations(20)\($@%NonCompetition Agreement(20)~
:Code of ethics(19)~
V)!Subsidiaries of the Registrant(1)7@Consent of KPMG LLP(1)?@0(Certification of Chief Executive Officer0(pursuant to Rule 13a14(a)/15d14(a).(1)333333?@0(Certification of Chief Financial Officer0(pursuant to Rule 13a14(a)/15d14(a).(1)@@0(Certification of Chief Executive Officer6.pursuant to 18 U.S.C. Section 1350, as adopted5pursuant to Section 906 of the SarbanesOxleyAct of 2002(1)Di ln6oi(yaXV>@@0(Certification of Chief Financial Officer6.pursuant to 18 U.S.C. Section 1350, as adopted5pursuant to Section 906 of the SarbanesOxleyAct of 2002(1)$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/D=PF0*8X>
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PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS
Balance SheetIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
LongTerm Debt
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3
STAR GAS PARTNERS LP10K
12/14/2004( AND FINANCIAL STATEMENT SCHEDULE Page
Part IIFinancial Information:
%Item 8  Financial Statements/'Report of Independent Registered PublicF2Accounting Firm3+Consolidated Balance Sheets as of SeptemberF330, 2003 and 2004%Consolidated Statements of OperationsF4/'for the years ended September 30, 2002,
2003 and 20040(Consolidated Statements of ComprehensiveF53+Income (Loss) for the years ended September30, 2002, 2003 and 20043+Consolidated Statements of Partners CapitalF6/'for the years ended September 30, 2002,DF lvj^")"a,Y(N !"#$%&'()*+,./012
2003 and 2004!!!"""%Consolidated Statements of Cash Flows""F7##/#'for the years ended September 30, 2002,$$$
2003 and 2004%%%&&2&*Notes to Consolidated Financial Statements&&
F8  F35'''((.(&Schedule for the years ended September(()))30, 2002, 2003 and 2004***+++%II. Valuation and Qualifying Accounts++F36,,,/'All other schedules are omitted because../.'they are not applicable or the required//0/(information is shown in the consolidated$0____________________________11)Created by Morningstar Document Research.02(http://documentresearch.morningstar.com/*>hG7vRf=PF0*8X>
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PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDULIncome Statemen (3)!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
LongTerm Debt
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STAR GAS PARTNERS LP10K
12/14/2004
Balance Sheet Years Ended
September 30,(in thousands)~
N~
R
ASSETSCurrent assets!Cash and cash equivalents~
~
/'Receivables, net of allowance of $7,542~
~"~
"P and $7,180, respectivelyInventories~
Z~
"1)Prepaid expenses and other current assets~
:$~
5Net current assets of discontinued operations~
nTotal current assets~
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J#Property and equipment, net~
~
1)Longterm portion of accounts receivables~
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4444~
4*4.5&Accumulated other comprehensive income55~
5555~
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PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
Balance Sheet!CONSOLIDATED STATEMENTS OF COMPCONSOLIDATED STATEMENTS (1)
Cash FlowsDerivatives and HedgingIncome Statemen (4)Income Statemen (5)Balance Sheet (1)Derivatives and (1)!Inventory Derivative InstrumentInventory Derivative (1)Inventory Derivative (2)Inventory Derivative (3)Inventory Derivative (4)Inventory Derivative (5)Inventory Derivative (6)Inventory Derivative (7)Inventory Derivative (8)Inventory Derivative (9)Inventory Derivative (10)Inventory Derivative (11)Inventory Derivative (12)Inventory Derivative (13)Inventory Derivative (14)Inventory Derivative (15)Inventory Derivative (16)Inventory Derivative (17)
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STAR GAS PARTNERS LP10K
12/14/2004Income Statement
! Years Ended September 30,
,$(in thousands, except per unit data)~
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PART II (1)Income Statemen (1)!Compared to Fiscal Year Ended S!Earnings From Continuing OperatIncome Statemen (2)Compared to Fiscal Year (1)!Financing and Sources of LiquidFinancing and Sources of (1)!Historical Financing and Source!Contractual Obligations and Off!Directors and Executive OfficerSummary CompensationSummary Compens (1)!OptionUAR Grants in Last Fiscal!and Fiscal Year End OptionUAR V
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STAR GAS PARTNERS LP10K
12/14/2004>6CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
! Years Ended September 30,
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( Balance as of September 30, 2001~
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12/14/200480CONSOLIDATED STATEMENTS OF PARTNERS#146; CAPITAL
Number of Units
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Senior Junior General Accumulative
Total
Sub.
Sub.
Partner
Other
Partners
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~
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0*0 1Distributions:111111111 1
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~
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22 3($1.725 per unit)333333333 3
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12/14/2004
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12/14/2004( Inventory Derivative Instruments ! Years Ended September 30,
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12/14/2004( Inventory Derivative Instruments
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IncentivesBeneficial OwnershipAgreement with Angelo CataniaAgreement with Angelo (1) PART IVINDEX TO EXHIBITS!AND FINANCIAL STATEMENT SCHEDUL
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12/14/2004( Inventory Derivative Instruments ! Years Ended September 30,
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12/14/2004( Inventory Derivative Instruments ! Years Ended September 30,
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STAR GAS PARTNERS LP10K
12/14/2004( Inventory Derivative Instruments (in thousands) Heating Oil Propane
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12/14/2004( Inventory Derivative Instruments
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12/14/2004( Inventory Derivative Instruments
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12/14/2004LongTerm Debt
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