EX-99.05 6 ex99-05.htm ex99-05.htm
Exhibit 99.05
Southern Company
Consolidated Earnings
 (In Millions of Dollars)

   
Three Months Ended June
       
Year-to-Date June
   
   
2010
   
2009
   
Change
       
2010
   
2009
   
Change
   
Income Account-
                                         
Retail Revenues-
                                         
   Fuel
$
1,454
 
 $
1,306
 
 $
148
     
$
2,882
 
 $
2,558
 
 $
324
   
   Non-Fuel
 
2,117
   
1,987
   
130
       
4,148
   
3,800
   
348
   
Wholesale Revenues
 
473
   
438
   
35
       
1,015
   
889
   
126
   
Other Electric Revenues
 
142
   
128
   
14
       
278
   
251
   
27
   
Non-regulated Operating Revenues
 
21
   
26
   
(5)
       
42
   
53
   
(11)
   
Total Revenues
 
4,207
   
3,885
   
322
       
8,365
   
7,551
   
814
   
Fuel and Purchased Power
 
1,757
   
1,582
   
175
       
3,529
   
3,096
   
433
   
Non-fuel O & M
 
918
   
832
   
86
       
1,827
   
1,702
   
125
   
MCAR Litigation Settlement
 
0
   
0
   
0
       
0
   
202
   
(202)
   
Depreciation and Amortization
 
367
   
377
   
(10)
       
710
   
767
   
(57)
   
Taxes Other Than Income Taxes
 
214
   
208
   
6
       
426
   
408
   
18
   
Total Operating Expenses
 
3,256
   
2,999
   
257
       
6,492
   
6,175
   
317
   
Operating Income
 
951
   
886
   
65
       
1,873
   
1,376
   
497
   
Other Income, net
 
42
   
67
   
(25)
       
88
   
112
   
(24)
   
Interest Charges
 
219
   
233
   
(14)
       
441
   
459
   
(18)
   
Income Taxes
 
248
   
226
   
22
       
483
   
393
   
90
   
Net Income
 
526
   
494
   
32
       
1,037
   
636
   
401
   
Dividends on Preferred and Preference Stock of Subsidiaries
 
16
   
16
   
0
       
32
   
32
   
0
   
NET INCOME AFTER DIVIDENDS ON PREFERRED AND
      PREFERENCE STOCK (See Notes)
 
$
 
510
 
 
$
 
478
 
 
$
 
32
     
 
$
 
1,005
 
 
$
 
604
 
 
$
 
401
   
   
                                         
 
 
 
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.