EX-99.7 8 x99-7.htm x99-7.htm
Exhibit 99.07
 Southern Company
 Financial Overview
 (In Millions of Dollars)
 
 
 
 
 Three Months Ended June
 
 Year-to-Date June
                               
   
2012
   
2011
 
% Change
   
2012
   
2011
 
% Change
                               
Consolidated –
                             
Operating Revenues
 
$4,181
   
$4,521
 
-7.5%
   
$7,785
   
$8,533
 
-8.8%
Earnings Before Income Taxes
 
968
   
969
 
-0.1%
   
1,552
   
1,638
 
-5.3%
Net Income Available to Common
 
623
   
604
 
3.3%
   
991
   
1,026
 
-3.4%
                               
Alabama Power –
                             
Operating Revenues
 
$1,377
   
$1,440
 
-4.4%
   
$2,593
   
$2,760
 
-6.1%
Earnings Before Income Taxes
 
321
   
331
 
-3.0%
   
541
   
589
 
-8.1%
Net Income Available to Common
 
185
   
190
 
-2.6%
   
311
   
342
 
-9.1%
                               
Georgia Power –
                             
Operating Revenues
 
$2,020
   
$2,265
 
-10.8%
   
$3,765
   
$4,254
 
-11.5%
Earnings Before Income Taxes
 
452
   
483
 
-6.4%
   
715
   
804
 
-11.1%
Net Income Available to Common
 
295
   
309
 
-4.5%
   
462
   
515
 
-10.3%
                               
Gulf Power –
                             
Operating Revenues
 
$370
   
$399
 
-7.3%
   
$686
   
$724
 
-5.2%
Earnings Before Income Taxes
 
59
   
55
 
6.5%
   
93
   
75
 
23.3%
Net Income Available to Common
 
35
   
33
 
4.8%
   
56
   
45
 
23.5%
                               
Mississippi Power –
                             
Operating Revenues
 
$266
   
$286
 
-7.0%
   
$495
   
$549
 
-9.9%
Earnings Before Income Taxes
 
48
   
38
 
24.5%
   
82
   
61
 
35.2%
Net Income Available to Common
 
35
   
25
 
38.5%
   
60
   
40
 
51.1%
                               
Southern Power –
                             
Operating Revenues
 
$286
   
$305
 
-6.4%
   
$539
   
$587
 
-8.1%
Earnings Before Income Taxes
 
76
   
69
 
10.4%
   
119
   
127
 
-6.8%
Net Income Available to Common
 
47
   
45
 
4.5%
   
76
   
82
 
-7.8%
 
Notes
 -
Certain prior year data has been reclassified to conform with current year presentation.
   
 -
All figures in this earnings release are preliminary and remain subject to the completion of normal quarter-end accounting procedures and adjustments, which could result in changes to these preliminary results.  In addition, certain classifications and rounding may be different from final results published in the Form 10-Q.