EX-99.02 3 x9902.txt Exhibit 99.02 Southern Company Financial Highlights (In Millions of Dollars Except Earnings Per Share) 3 Months Ended March -------------------- 2006 2005 ---- ---- (Notes) (Notes) Consolidated Earnings- (See Notes) Retail Business $ 194 $ 233 Competitive Generation 70 58 ------- ------- Total 264 291 Synthetic Fuels 9 22 Leasing Business 6 6 Parent Company and Other (17) 4 ------- ------- Net Income $ 262 $ 323 ======= ======= Basic Earnings Per Share-(See Notes) $ 0.35 $ 0.43 Operating Revenues $ 3,063 $ 2,787 Average Shares Outstanding (in millions) 742 744 End of Period Shares Outstanding (in millions) 742 745 Notes ----- - Southern Company GAS completed the sale of substantially all of its assets on January 4, 2006 and is included in consolidated earnings in all periods as discontinued operations. - For 3 months ended March 2006 and 2005, diluted earnings per share are not more than 1 cent per share and are not material. - Certain prior year data has been reclassified to conform with current year presentation. - Information contained in this report is subject to audit and adjustments and certain classifications may be different from final results published in the Form 10-Q.