Exhibit 99.05

Southern Company

Consolidated Earnings

(In Millions of Dollars)

		3 Months Ended June						Year-to-Date June
		2008		2007		Change		2008		2007		Change
Income Account-
Retail Revenue-
Fuel	$	1,392	$	1,239	$	153	$	2,595	$	2,332	$	263
Non-Fuel		2,058		1,866		192		3,860		3,517		343
Wholesale Revenue		592		487		105		1,105		968		137
Other Electric Revenues		141		130		11		271		251		20
Non-regulated Operating Revenues		32		50		(18)		67		113		(46)
Total Revenues		4,215		3,772		443		7,898		7,181		717
Fuel and Purchased Power		1,819		1,558		261		3,364		2,938		426
Non-fuel O & M		915		875		40		1,812		1,723		89
Depreciation and Amortization		359		310		49		703		617		86
Taxes Other Than Income Taxes		198		185		13		387		368		19
Total Operating Expenses		3,291		2,928		363		6,266		5,646		620
Operating Income		924		844		80		1,632		1,535		97
Other Income, net		(38)		24		(62)		25		55		(30)
Interest Charges and Dividends		245		233		12		478		461		17
Income Taxes		225		206		19		403		361		42
NET INCOME (See Notes)	$	416	$	429	$	(13)	$	776	$	768	$	8

Notes

- 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.