EX-99.04 6 x9904.txt EXHIBIT 99.04 Southern Company Analysis of Consolidated Earnings (In Millions of Dollars)
3 Months Ended December 12 Months Ended December -------------------------- --------------------------- 2006 2005 Change 2006 2005 Change ------ ------ -------- ------- ------ -------- Income Account- Retail Revenue $2,505 $2,669 $ (164) $11,801 $11,165 $ 636 Wholesale Revenue 461 429 32 1,822 1,667 155 Other Electric Revenues 119 125 (6) 465 446 19 Non-regulated Operating Revenues 67 67 - 268 276 (8) ------ ------ ------ ------- ------- ----- Total Revenues 3,152 3,290 (138) 14,356 13,554 802 ------ ------ ------ ------- ------- ----- Fuel and Purchased Power 1,231 1,391 (160) 5,695 5,226 469 Non-fuel O & M 971 1,020 (49) 3,519 3,510 9 Depreciation and Amortization 304 300 4 1,200 1,176 24 Taxes Other Than Income Taxes 177 175 2 718 680 38 ------ ------ ------ ------- ------- ----- Total Operating Expenses 2,683 2,886 (203) 11,132 10,592 540 ------ ------ ------ ------- ------- ----- Operating Income 469 404 65 3,224 2,962 262 Other Income, net 5 (26) 31 31 1 30 Interest Charges and Dividends 240 204 36 900 777 123 Income Taxes 46 21 25 781 595 186 Discontinued Operations, net of tax - 6 (6) (1) - (1) ------ ------ ------ ------- ------- ----- NET INCOME AS REPORTED (See Notes) $ 188 $ 159 $ 29 $ 1,573 $ 1,591 $ (18) ====== ====== ====== ======= ======= =====
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-K.