EX-99.03 4 x9903.txt Exhibit 99.03 Southern Company Significant Factors Impacting EPS (See Notes) (Excluding One-Time Items)
3 months ended December 12 months ended December ------------------------ ------------------------ 2005 2004 Change 2005 2004 Change ---- ---- ------ ---- ---- ------ Consolidated Earnings- $ 0.21 $ 0.24 $(0.03) $ 2.14 $ 2.04 $0.10 Significant Factors: -------------------- Retail Business (0.04) 0.06 Competitive Generation 0.02 0.06 Synthetic Fuels - 0.01 Parent Company and Other (0.01) (0.03) ------ ------ Total $(0.03) $ 0.10 ====== ======
Notes - Southern Company GAS completed the sale of substantially all of its assets on January 4, 2006 and is included in consolidated earnings in all periods as discontinued operations. - Excludes a one-time after tax gain of $24 million in December 2004 from the resolution of an IRS audit for the years 2000 and 2001. - For 3 months ended December 2005 and 2004, diluted earnings per share are not more than 1 cent per share and are not material. For 12 months ended December 2005 and 2004, diluted earnings per share are (1) cent per share. - Certain prior year data has been reclassified to conform with current year presentation. - Information contained in this report is subject to audit and adjustments and certain classifications may be different from final results published in the Form 10-K.