EX-99.05 6 x99-05.htm

Exhibit 99.05

Southern Company

Consolidated Earnings

(In Millions of Dollars)

 

 

 

Three Months Ended September

 

 

 

Year-to-Date September

 

 

2009

 

 

2008

 

 

Change

 

 

 

2009

 

 

2008

 

 

Change

Income Account-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Retail Revenue-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fuel

$

1,539

 

$

1,911

 

$

(372)

 

 

$

4,097

 

$

4,506

 

$

(409)

Non-Fuel

 

2,458

 

 

2,568

 

 

(110)

 

 

 

6,258

 

 

6,428

 

 

(170)

Wholesale Revenues

 

519

 

 

775

 

 

(256)

 

 

 

1,408

 

 

1,880

 

 

(472)

Other Electric Revenues

 

141

 

 

142

 

 

(1)

 

 

 

392

 

 

414

 

 

(22)

Non-regulated Operating Revenues

 

25

 

 

31

 

 

(6)

 

 

 

78

 

 

97

 

 

(19)

Total Revenues

 

4,682

 

 

5,427

 

 

(745)

 

 

 

12,233

 

 

13,325

 

 

(1,092)

Fuel and Purchased Power

 

1,901

 

 

2,531

 

 

(630)

 

 

 

4,997

 

 

5,895

 

 

(898)

Non-fuel O & M

 

821

 

 

908

 

 

(87)

 

 

 

2,523

 

 

2,720

 

 

(197)

MCAR Litigation Settlement

 

0

 

 

0

 

 

0

 

 

 

202

 

 

0

 

 

202

Depreciation and Amortization

 

332

 

 

367

 

 

(35)

 

 

 

1,099

 

 

1,070

 

 

29

Taxes Other Than Income Taxes

 

213

 

 

216

 

 

(3)

 

 

 

621

 

 

603

 

 

18

Total Operating Expenses

 

3,267

 

 

4,022

 

 

(755)

 

 

 

9,442

 

 

10,288

 

 

(846)

Operating Income

 

1,415

 

 

1,405

 

 

10

 

 

 

2,791

 

 

3,037

 

 

(246)

Other Income, net

 

54

 

 

46

 

 

8

 

 

 

166

 

 

71

 

 

95

Interest Charges

 

226

 

 

219

 

 

7

 

 

 

685

 

 

665

 

 

20

Income Taxes

 

436

 

 

435

 

 

1

 

 

 

829

 

 

838

 

 

(9)

Net Income

 

807

 

 

797

 

 

10

 

 

 

1,443

 

 

1,605

 

 

(162)

Dividends on Preferred and Preference Stock of Subsidiaries

 

17

 

 

17

 

 

0

 

 

 

49

 

 

49

 

 

0

NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK
(See Notes)


$


790

 


$


780

 


$


10

 

 


$


1,394

 


$


1,556

 


$


(162)

 

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.