Exhibit 99.05
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
	Three Months Ended June									Year-to-Date June
	2015			2014			Change			2015			2014			Change
Income Account-
Retail Revenues-
Fuel	$	1,130		$	1,296		$	(166	)	$	2,218		$	2,772		$	(554	)
Non-Fuel	2,584			2,474			110			5,038			4,856			182
Wholesale Revenues	448			515			(67		)	915			1,119			(204		)
Other Electric Revenues	162			169			(7		)	325			334			(9		)
Other Revenues	13			13			—			24			30			(6		)
Total Revenues	4,337			4,467			(130		)	8,520			9,111			(591		)
Fuel and Purchased Power	1,371			1,595			(224		)	2,727			3,429			(702		)
Non-Fuel O & M	1,100			1,019			81			2,222			2,005			217
Depreciation and Amortization	500			504			(4		)	987			1,001			(14		)
Taxes Other Than Income Taxes	245			246			(1		)	497			493			4
Estimated Loss on Kemper IGCC	23			—			23			32			380			(348		)
Total Operating Expenses	3,239			3,364			(125		)	6,465			7,308			(843		)
Operating Income	1,098			1,103			(5		)	2,055			1,803			252
Allowance for Equity Funds Used During Construction	39			62			(23		)	102			119			(17		)
Interest Expense, Net of Amounts Capitalized	180			210			(30		)	393			416			(23		)
Other Income (Expense), net	(12		)	(6		)	(6		)	(19		)	(13		)	(6		)
Income Taxes	302			321			(19		)	576			497			79
Net Income	643			628			15			1,169			996			173
Dividends on Preferred and Preference Stock of Subsidiaries	14			17			(3		)	31			34			(3		)
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK	$	629		$	611		$	18		$	1,138		$	962		$	176
Notes
- Certain prior year data may have 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.