Exhibit 99.05

Southern Company

Consolidated Earnings

(In Millions of Dollars)

		Three Months Ended June						Year-to-Date June
		2009		2008		Change		2009		2008		Change
Income Account-
Retail Revenue-
Fuel	$	1,306	$	1,392	$	(86)	$	2,558	$	2,595	$	(37)
Non-Fuel		1,987		2,057		(70)		3,800		3,860		(60)
Wholesale Revenues		438		591		(153)		889		1,105		(216)
Other Electric Revenues		128		143		(15)		251		272		(21)
Non-regulated Operating Revenues		26		32		(6)		53		66		(13)
Total Revenues		3,885		4,215		(330)		7,551		7,898		(347)
Fuel and Purchased Power		1,582		1,819		(237)		3,096		3,364		(268)
Non-fuel O & M		832		915		(83)		1,702		1,812		(110)
MCAR Litigation Settlement		0		0		0		202		0		202
Depreciation and Amortization		377		359		18		767		703		64
Taxes Other Than Income Taxes		208		198		10		408		387		21
Total Operating Expenses		2,999		3,291		(292)		6,175		6,266		(91)
Operating Income		886		924		(38)		1,376		1,632		(256)
Other Income, net		67		(37)		104		112		25		87
Interest Charges		233		229		4		459		446		13
Income Taxes		226		225		1		393		403		(10)
Net Income		494		433		61		636		808		(172)
Dividends on Preferred and Preference Stock of Subsidiaries		16		16		0		32		32		0
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK (See Notes)	$	478	$	417	$	61	$	604	$	776	$	(172)

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-Q.