EX-99.07 8 ex99-07.htm ex99-07.htm
Exhibit 99.07
 Southern Company
 Financial Overview
 (In Millions of Dollars)
 
 
 
 Three Months Ended June
   
 Year-to-Date June
                                 
   
2011
   
2010
 
% Change
   
2011
   
2010
 
% Change
Consolidated –
                               
Operating Revenues
$
4,521
 
 $
4,207
 
7.5%
   
$
8,533
 
 $
8,365
 
2.0%
Earnings Before Income Taxes
 
968
   
774
 
25.1%
     
1,638
   
1,520
 
7.7%
Net Income Available to Common
 
603
   
510
 
18.2%
     
1,026
   
1,005
 
2.1%
                                 
Alabama Power –
                               
Operating Revenues
$
1,440
 
 $
1,462
 
-1.5%
   
$
2,760
 
 $
2,957
 
-6.7%
Earnings Before Income Taxes
 
331
   
319
 
3.8%
     
589
   
654
 
-9.9%
Net Income Available to Common
 
190
   
190
 
0.0%
     
342
   
393
 
-13.0%
                                 
Georgia Power –
                               
Operating Revenues
$
2,265
 
 $
2,000
 
13.3%
   
$
4,254
 
 $
3,984
 
6.8%
Earnings Before Income Taxes
 
483
   
359
 
34.8%
     
804
   
694
 
15.8%
Net Income Available to Common
 
309
   
238
 
29.8%
     
515
   
476
 
8.2%
                                 
Gulf Power –
                               
Operating Revenues
$
399
 
 $
403
 
-1.0%
   
$
724
 
 $
760
 
-4.7%
Earnings Before Income Taxes
 
55
   
53
 
3.3%
     
75
   
95
 
-21.2%
Net Income Available to Common
 
33
   
32
 
3.2%
     
45
   
58
 
-21.8%
                                 
Mississippi Power –
                               
Operating Revenues
$
286
 
 $
277
 
3.3%
   
$
549
 
 $
560
 
-2.0%
Earnings Before Income Taxes
 
38
   
25
 
54.6%
     
61
   
50
 
20.5%
Net Income Available to Common
 
25
   
15
 
66.1%
     
40
   
30
 
30.9%
                                 
Southern Power –
                               
Operating Revenues
$
305
 
 $
248
 
22.8%
   
$
587
 
 $
505
 
16.2%
Earnings Before Income Taxes
 
69
   
39
 
76.1%
     
127
   
63
 
101.5%
Net Income Available to Common
 
45
   
32
 
41.3%
     
82
   
46
 
77.9%
 
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 and rounding may be different from final results published in the Form 10-Q.