EX-99.05 6 x99-05.htm x99-05.htm
Exhibit 99.05
 Southern Company
 Consolidated Earnings
 (In Millions of Dollars)
 
 
   
Three Months Ended December
   
Year-to-Date December
 
   
2011
   
2010
   
Change
   
2011
   
2010
   
Change
 
Income Account-
                                   
Retail Revenues-
                                   
   Fuel
$
1,144
 
 $
1,297
 
 $
(153)
 
$
5,686
 
 $
5,944
 
 $
(258)
 
   Non-Fuel
 
1,996
   
1,891
   
105 
   
9,385
   
8,847
   
538 
 
Wholesale Revenues
 
392
   
414
   
(22)
   
1,905
   
1,994
   
(89)
 
Other Electric Revenues
 
147
   
151
   
(4)
   
611
   
589
   
22 
 
Non-regulated Operating Revenues
 
17
   
18
   
(1)
   
70
   
82
   
(12)
 
Total Revenues
 
3,696
   
3,771
   
(75)
   
17,657
   
17,456
   
201 
 
Fuel and Purchased Power
 
1,353
   
1,554
   
(201)
   
6,870
   
7,262
   
(392)
 
Non-fuel O & M
 
1,101
   
1,164
   
(63)
   
3,938
   
4,010
   
(72)
 
Depreciation and Amortization
 
438
   
376
   
62 
   
1,717
   
1,513
   
204 
 
Taxes Other Than Income Taxes
 
215
   
207
   
   
901
   
869
   
32 
 
Total Operating Expenses
 
3,107
   
3,301
   
(194)
   
13,426
   
13,654
   
(228)
 
Operating Income
 
589
   
470
   
119 
   
4,231
   
3,802
   
429 
 
Other Income, net
 
3
   
29
   
(26)
   
113
   
159
   
(46)
 
Interest Charges
 
219
   
229
   
(10)
   
857
   
895
   
(38)
 
Income Taxes
 
96
   
101
   
(5)
   
1,219
   
1,026
   
193 
 
Net Income
 
277
   
169
   
108 
   
2,268
   
2,040
   
228 
 
Dividends on Preferred and Preference Stock of Subsidiaries
 
16
   
16
   
   
65
   
65
   
 
NET INCOME AFTER DIVIDENDS ON PREFERRED
                                   
   AND PREFERENCE STOCK (See Notes)
$
261
 
$
153
 
$
108 
 
$
2,203
 
$
1,975
 
$
228 
 
                                     
 
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 and rounding may be different from final results published in the Form 10-K.