EX-99.05 6 x99-05.htm x99-05.htm
  Exhibits 99.05
 Southern Company
 Consolidated Earnings
 (In Millions of Dollars)
 
 
   
Three Months Ended March
 
   
2012
   
2011
   
Change
 
Income Account-
                 
Retail Revenues-
                 
   Fuel
$
1,035
 
 $
1,302
 
 $
(267)
 
   Non-Fuel
 
2,057
   
2,094
   
(37)
 
Wholesale Revenues
 
349
   
449
   
(100)
 
Other Electric Revenues
 
148
   
150
   
(2)
 
Non-regulated Operating Revenues
 
15
   
17
   
(2)
 
Total Revenues
 
3,604
   
4,012
   
(408)
 
Fuel and Purchased Power
 
1,205
   
1,576
   
(371)
 
Non-fuel O & M
 
967
   
944
   
23
 
Depreciation and Amortization
 
441
   
418
   
23
 
Taxes Other Than Income Taxes
 
225
   
220
   
5
 
Total Operating Expenses
 
2,838
   
3,158
   
(320)
 
Operating Income
 
766
   
854
   
(88)
 
Allowance for Equity Funds Used During Construction
 
31
   
35
   
(4)
 
Interest Expense, Net of Amounts Capitalized
 
211
   
222
   
(11)
 
Other Income (Expense), net
 
(2)
   
2
   
(4)
 
Income Taxes
 
200
   
231
   
(31)
 
Net Income
 
384
   
438
   
(54)
 
Dividends on Preferred and Preference Stock of Subsidiaries
 
16
   
16
   
0
 
NET INCOME AFTER DIVIDENDS ON PREFERRED
                 
   AND PREFERENCE STOCK (See Notes)
$
368
 
$
422
 
$
(54)
 
 
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-Q.