EX-99.03 5 x99-03.txt Exhibit 99.03 Southern Company Significant Factors Impacting EPS
3 Months Ended December Year-to-Date December ---------------------------------- ----------------------------------- 2007 2006 Change 2007 2006 Change ---- ---- ------ ---- ---- ------ Consolidated Earnings-As Reported $ 0.27 $ 0.25 $ 0.02 $ 2.29 $ 2.12 $ 0.17 (See Notes) Significant Factors: -------------------- Traditional Operating Companies 0.05 0.16 Southern Power (0.02) 0.01 Synthetic Fuels - 0.06 Parent Company and Other - (0.02) Additional Shares (0.01) (0.04) ------- ------- Total-As Reported $ 0.02 $ 0.17 ======= ======= 3 Months Ended December Year-to-Date December ---------------------------------- ----------------------------------- 2007 2006 Change 2007 2006 Change ---- ---- ------ ---- ---- ------ Consolidated Earnings-Excluding Synfuels $ 0.26 $ 0.25 $ 0.01 $ 2.21 $ 2.10 $ 0.11 (See Notes) Total-As Reported 0.27 2.29 Less: Synthetic Fuels (0.01) (0.08) ------- ------- Total-Excluding Synthetic Fuels $ 0.26 $ 2.21 ======= =======
Notes - For the fourth quarter and year-to-date 2007, diluted earnings per share was not more than 1 cent per share. - Tax credits associated with Southern Company's synthetic fuel investments expired December 31, 2007 and will not contribute to Southern Company's earnings and earnings per share after 2007. - Certain prior year data has been reclassified to conform with current year presentation. - Information contained in this report is subject to audit and adjustments. Certain classifications may be different from final results published in the Form 10-K.