Exhibit 99.05
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
	Three Months Ended March
	2018			2017			Change
Income Account-
Retail Electric Revenues-
Fuel	$	1,027		$	928		$	99
Non-Fuel	2,541			2,466			75
Wholesale Electric Revenues	619			531			88
Other Electric Revenues	165			175			(10		)
Natural Gas Revenues	1,607			1,530			77
Other Revenues	413			141			272
Total Revenues	6,372			5,771			601
Fuel and Purchased Power	1,368			1,175			193
Cost of Natural Gas	720			719			1
Cost of Other Sales	289			88			201
Non-Fuel O & M	1,451			1,383			68
Depreciation and Amortization	769			716			53
Taxes Other Than Income Taxes	355			330			25
Estimated Loss on Kemper IGCC	44			108			(64		)
Total Operating Expenses	4,996			4,519			477
Operating Income	1,376			1,252			124
Allowance for Equity Funds Used During Construction	30			57			(27		)
Earnings from Equity Method Investments	41			39			2
Interest Expense, Net of Amounts Capitalized	458			416			42
Other Income (Expense), net	60			48			12
Income Taxes	113			315			(202		)
Net Income	936			665			271
Less:
Dividends on Preferred and Preference Stock of Subsidiaries	4			11			(7		)
Net Income Attributable to Noncontrolling Interests	(6		)	(4		)	(2		)
NET INCOME ATTRIBUTABLE TO SOUTHERN COMPANY	$	938		$	658		$	280
Notes
- Certain prior year data may have been reclassified to conform with current year presentation.