ATMOS ENERGY CORPORATION

CONSOLIDATED BALANCE SHEETS

September 30

2010 2009
(In thousands,
except share data)

ASSETS

Property, plant and equipment

$ 6,384,396 $
Construction in progress 157.922

6,542,318

Less accumulated
depreciation and amortization
1,749,243

Net property, plant and

equipment 4,793,075
Current assets
Cash and cash
equivalents 131.952
Accounts receivable,
less allowance for
doubtful accounts of
$12,701 in 2010 and
$11,478 in 2009 273.207
Gas stored
underground 319.038
Other current assets 150.995

Total current assets 875.192

Goodwill and intangible
assets 740.148
Deferred charges and other
assets 355.376

$ 6,763,791 $

CAPITALIZATION AND LIABILITIES

Shareholders’ equity
Common stock, no par
value (stated at $.005
per share);
 200,000,000 shares
authorized; issued and
outstanding:
2010 —
90,164,103 shares,
2009 —
92,551,709 shares $ 451 $
Additional paid-in
capital 1,714,364
Accumulated other
comprehensive loss (23,372 )
Retained earnings 486.905

Shareholders’ equity 2,178,348

Long-term debt 1,809,551

Total capitalization 3,987,899

Commitments and
contingencies
Current liabilities
Accounts payable and
accrued liabilities 266.208
Other current liabilities 413.64
Short-term debt 126.1
Current maturities of
long-term debt 360.131

Total current
liabilities 1,166,079
Deferred income taxes 829.128
Regulatory cost of removal
obligation 350.521
Deferred credits and other
liabilities 430.164

$ 6,763,791 $
ATION

ANCE SHEETS

2009

5,981,420
105.198

6,086,618

1,647,515

4,439,103

111.203

232.806
352.728
132.203

828.94

740.064

358.976

6,367,083
 463
1,791,129

(20,184 )
405.353

2,176,761
2,169,400

4,346,161

207.421
457.319
72.55

131

737.421
570.94

344.403

368.158

6,367,083
 CONSOLIDATED BALANCE SHEETS (USD  $) 12 Months Ended

In Thousands Sep. 30, Sep. 30, Sep. 30, Sep. 30,

2010 2009 2008 2007
ASSETS
Property, plant and equipment  $ 6,384,396  $ 5,981,420
Construction in progress 157.922 105.198
Total Property, Plant and Equipment and
Construction in Progress
6,542,318 6,086,618
Less accumulated depreciation and
amortization
1,749,243 1,647,515
Net property, plant and equipment 4,793,075 4,439,103
Current assets
Cash and cash equivalents 131.952 111.203
Accounts receivable, less allowance for doubtful
accounts of  $12,701 in 2010 and  $11,478 in
2009
273.207 232.806
Gas stored underground 319.038 352.728
Other current assets 150.995 132.203
Total current assets 875.192 828.94
Goodwill and intangible assets 740.148 740.064
Deferred charges and other assets 355.376 358.976
Total assets 6,763,791 6,367,083
Shareholders' equity
Common stock, no par value (stated at  $.005
per share); 200,000,000 shares authorized;
issued and outstanding: 2010 - 90,164,103
shares; 2009 - 92,551,709 shares
451 463
Additional paid-in capital 1,714,364 1,791,129
Accumulated other comprehensive loss -23.372 -20.184
Retained earnings 486.905 405.353
Shareholders' equity 2,178,348 2,176,761
Long-term debt 1,809,551 2,169,400
Total capitalization 3,987,899 4,346,161
Commitments and contingencies
Current liabilities
Accounts payable and accrued liabilities 266.208 207.421
Other current liabilities 413.64 457.319
Short-term debt 126.1 72.55
Current maturities of long-term debt 360.131 131
Total current liabilities 1,166,079 737.421
Deferred income taxes 829.128 570.94
Regulatory cost of removal obligation 350.521 344.403
Deferred credits and other liabilities 430.164 368.158
Total shareholders' equity and liabilities  $ 6,763,791  $ 6,367,083
Sep. 30, Sep 30, 2005
2006