EX-99.02 3 x99-02.htm x99-02.htm
Exhibit 99.02
 Southern Company
 Financial Highlights
 (In Millions of Dollars Except Earnings Per Share)
 
 
 
Three Months Ended December
  
 Year-to-Date December
      
   
2011
    
2010
    
2011
    
2010
      
Consolidated Earnings–As Reported
                            
(See Notes)
                            
Traditional Operating Companies
 $
248 
 
 $
146 
 
 $
2,052 
 
 $
1,859 
     
Southern Power
  
24 
   
22 
   
162 
   
131 
     
Total
  
272 
   
168 
   
2,214 
   
1,990 
     
Parent Company and Other
  
(11)
    
(15)
    
(11)
    
(15)
      
Net Income–As Reported
 $
261 
 
 $
153 
 
 $
2,203 
 
 $
1,975 
     
                             
Basic Earnings Per Share
 $
0.30 
 
 $
0.18 
 
 $
2.57 
 
 $
2.37 
     
                             
                             
Average Shares Outstanding (in millions)
  
865 
   
842 
   
857 
   
832 
     
End of Period Shares Outstanding (in millions)
              
               867 
   
               844 
     
                             
 
Notes
- For the three months and twelve months ended December 31, 2011 and 2010, dilution does not change basic earnings per share by more than 2 cents and is 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.  Certain classifications and rounding may be different from final results published in the Form 10-K.