EX-99.06 8 x99-06.htm

Exhibit 99.06

 

Southern Company

Financial Overview

(In Millions of Dollars)

 

 

3 Months Ended December

 

Year-to-Date December

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2007

 

2006

 

% Change

 

 

2007

 

 

2006

 

% Change

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Consolidated –

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

$

3,340

$

3,152

 

6.0%

 

$

15,353

 

$

14,356

 

6.9%

Earnings Before Income Taxes

 

233

 

234

 

-0.6%

 

 

2,569

 

 

2,353

 

9.2%

Net Income

 

204

 

188

 

8.3%

 

 

1,734

 

 

1,573

 

10.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alabama Power –

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

$

1,192

$

1,120

 

6.4%

 

$

5,360

 

$

5,015

 

6.9%

Earnings Before Income Taxes

 

114

 

136

 

-16.2%

 

 

967

 

 

873

 

10.8%

Net Income Available to Common

71

 

80

 

-10.2%

 

 

580

 

 

518

 

11.9%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Georgia Power –

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

$

1,627

$

1,579

 

3.0%

 

$

7,572

 

$

7,246

 

4.5%

Earnings Before Income Taxes

 

137

 

105

 

30.9%

 

 

1,260

 

 

1,234

 

2.0%

Net Income Available to Common

117

 

76

 

54.4%

 

 

836

 

 

787

 

6.2%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gulf Power –

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

$

289

$

275

 

4.9%

 

$

1,260

 

$

1,204

 

4.6%

Earnings Before Income Taxes

 

14

 

10

 

37.7%

 

 

135

 

 

125

 

8.4%

Net Income Available to Common

10

 

7

 

40.8%

 

 

84

 

 

76

 

10.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Mississippi Power –

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

$

251

$

235

 

6.8%

 

$

1,114

 

$

1,009

 

10.4%

Earnings Before Income Taxes

 

7

 

11

 

-34.4%

 

 

138

 

 

132

 

4.4%

Net Income Available to Common

4

 

7

 

-50.0%

 

 

84

 

 

82

 

2.5%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Southern Power –

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Revenues

$

188

$

174

 

8.2%

 

$

972

 

$

777

 

25.1%

Earnings Before Income Taxes

 

11

 

44

 

-75.9%

 

 

215

 

 

206

 

4.3%

Net Income Available to Common

8

 

27

 

-69.1%

 

 

132

 

 

124

 

5.8%

 

Notes

 

- 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.