EX-99.06 7 x9906.txt Exhibit 99.06 Southern Company Financial Overview (In Millions of Dollars) 3 Months Ended March ----------------------------------------- 2006 2005 % Change ---- ---- -------- Consolidated - Operating Revenues $3,063 $2,787 9.9% Earnings Before Income Taxes 367 393 -6.7% Net Income 262 323 -19.0% Alabama Power - Operating Revenues $1,073 $970 10.6% Earnings Before Income Taxes 142 113 25.4% Net Income Available to Common 82 93 -12.1% Georgia Power - Operating Revenues $1,487 $1,370 8.5% Earnings Before Income Taxes 213 227 -6.4% Net Income Available to Common 132 142 -7.5% Gulf Power - Operating Revenues $263 $225 17.1% Earnings Before Income Taxes 21 22 -6.2% Net Income Available to Common 12 15 -15.3% Mississippi Power - Operating Revenues $209 $215 -3.0% Earnings Before Income Taxes 25 28 -12.1% Net Income Available to Common 15 17 -9.8% Savannah Electric - Operating Revenues $97 $89 9.5% Earnings Before Income Taxes 1 2 -49.9% Net Income Available to Common 0 1 -71.3% Southern Power - Operating Revenues $140 $153 -8.5% Earnings Before Income Taxes 32 38 -13.6% Net Income Available to Common 20 23 -13.8% 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. - 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-Q.