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Exhibit 99.05 |
|
Southern Company |
Consolidated Earnings |
As Reported |
(In Millions of Dollars) |
| Three Months Ended March | | |
| 2021 | | 2020 | | Change | | | | | | |
Income Account- | | | | | | | | | | | |
Retail Electric Revenues- | | | | | | | | | | | |
Fuel | $ | 838 | | | $ | 677 | | | $ | 161 | | | | | | | |
Non-Fuel | 2,504 | | | 2,401 | | | 103 | | | | | | | |
Wholesale Electric Revenues | 545 | | | 418 | | | 127 | | | | | | | |
Other Electric Revenues | 170 | | | 151 | | | 19 | | | | | | | |
Natural Gas Revenues | 1,694 | | | 1,249 | | | 445 | | | | | | | |
Other Revenues | 159 | | | 122 | | | 37 | | | | | | | |
Total Revenues | 5,910 | | | 5,018 | | | 892 | | | | | | | |
Fuel and Purchased Power | 1,055 | | | 817 | | | 238 | | | | | | | |
Cost of Natural Gas | 583 | | | 439 | | | 144 | | | | | | | |
Cost of Other Sales | 82 | | | 55 | | | 27 | | | | | | | |
Non-Fuel O&M | 1,372 | | | 1,296 | | | 76 | | | | | | | |
Depreciation and Amortization | 871 | | | 857 | | | 14 | | | | | | | |
Taxes Other Than Income Taxes | 345 | | | 330 | | | 15 | | | | | | | |
Estimated Loss on Plant Vogtle Units 3 and 4 | 48 | | | — | | | 48 | | | | | | | |
(Gain) Loss on Dispositions, net | (44) | | | (39) | | | (5) | | | | | | | |
Total Operating Expenses | 4,312 | | | 3,755 | | | 557 | | | | | | | |
Operating Income | 1,598 | | | 1,263 | | | 335 | | | | | | | |
Allowance for Equity Funds Used During Construction | 46 | | | 34 | | | 12 | | | | | | | |
Earnings from Equity Method Investments | 45 | | | 42 | | | 3 | | | | | | | |
Interest Expense, Net of Amounts Capitalized | 450 | | | 456 | | | (6) | | | | | | | |
Other Income (Expense), net | 58 | | | 103 | | | (45) | | | | | | | |
Income Taxes | 190 | | | 145 | | | 45 | | | | | | | |
Net Income | 1,107 | | | 841 | | | 266 | | | | | | | |
Less: | | | | | | | | | | | |
Dividends on Preferred Stock of Subsidiaries | 4 | | | 4 | | | — | | | | | | | |
Net Loss Attributable to Noncontrolling Interests | (32) | | | (31) | | | (1) | | | | | | | |
NET INCOME ATTRIBUTABLE TO SOUTHERN COMPANY | $ | 1,135 | | | $ | 868 | | | $ | 267 | | | | | | | |