EX-99.02 4 x99-02.txt EXHIBIT 99.02 Southern Company Financial Highlights (In Millions of Dollars Except Earnings Per Share)
3 Months Ended September Year-to-Date September ------------------------ ---------------------- 2007 2006 2007 2006 ---- ---- ---- ---- (Notes) (Notes) (Notes) (Notes) Consolidated Earnings-As Reported (See Notes) Traditional Operating Companies $ 714 $ 691 $ 1,382 $ 1,293 Southern Power 52 46 123 98 ------ ------ ------- ------- Total 766 737 1,505 1,391 Synthetic Fuels 15 4 55 7 Leasing Business 3 5 4 16 Parent Company and Other (22) (8) (34) (29) ------ ------ ------- ------- Net Income - As Reported $ 762 $ 738 $ 1,530 $ 1,385 ====== ====== ======= ======= Basic Earnings Per Share - (See Notes) $ 1.00 $ 0.99 $ 2.03 $ 1.86 Operating Revenues $4,832 $4,549 $12,013 11,204 Average Shares Outstanding (in millions) 758 743 755 743 End of Period Shares Outstanding (in millions) 760 743 3 Months Ended September Year-to-Date September ------------------------ ---------------------- 2007 2006 2007 2006 ---- ---- ---- ---- Consolidated Earnings-Excluding Synfuels (See Notes) Net Income - As Reported $ 762 $ 738 $ 1,530 $ 1,385 Less: Synthetic Fuels (15) (4) (55) (7) ------ ------ ------- ------- Net Income-Excluding Synthetic Fuels $ 747 $ 734 $ 1,475 $ 1,378 ====== ====== ======= ======= Basic Earnings Per Share-Excluding Synfuels $ 0.99 $ 0.99 $ 1.96 $ 1.86
Notes ----- -For the third quarter and year-to-date 2007, diluted earnings per share was not more than 1 cent per share. -Tax credits associated with Southern Company's synthetic fuel investments expire December 31, 2007 and will not contribute to Southern Company's earnings and earnings per share after 2007. -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.