EX-99.06 8 x99-06.txt EXHIBIT 99.06 Southern Company Financial Overview (In Millions of Dollars)
3 Months Ended June Year-to-Date June ----------------------------------------- ---------------------------------------- 2006 2005 % Change 2006 2005 % Change ---- ---- -------- ---- ---- -------- Consolidated - Operating Revenues $ 3,592 $3,120 15.1% $ 6,655 $5,907 12.7% Earnings Before Income Taxes 610 535 13.9% 977 929 5.2% Net Income 385 387 -0.4% 647 710 -8.9% Alabama Power - Operating Revenues $ 1,249 $1,086 15.1% $ 2,322 $2,056 13.0% Earnings Before Income Taxes 202 206 -2.1% 343 319 7.6% Net Income Available to Common 118 121 -2.8% 200 215 -6.8% Georgia Power - Operating Revenues $ 1,699 $1,459 16.4% $ 3,186 $2,830 12.6% Earnings Before Income Taxes 315 252 25.2% 528 479 10.2% Net Income Available to Common 196 158 24.5% 328 300 9.3% Gulf Power - Operating Revenues $ 293 $ 251 16.5% $ 556 $ 476 16.8% Earnings Before Income Taxes 37 34 6.6% 57 57 1.5% Net Income Available to Common 22 21 2.7% 34 36 -4.6% Mississippi Power - Operating Revenues $ 255 $ 249 2.6% $ 464 $ 464 0.0% Earnings Before Income Taxes 37 42 -11.8% 62 70 -11.9% Net Income Available to Common 23 26 -11.2% 38 43 -10.6% Southern Power - Operating Revenues $ 194 $ 149 29.8% $ 333 $ 302 10.4% Earnings Before Income Taxes 53 41 28.7% 85 78 8.5% Net Income Available to Common 32 25 26.1% 52 48 7.1%
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.