Exhibit 99.02
Southern Company
Financial Highlights
(In Millions of Dollars Except Earnings Per Share)
	Three Months Ended September					Year-to-Date September
	2014			2013		2014			2013
Consolidated Earnings–As Reported
(See Notes)
Traditional Operating Companies	$	657		$	765	$	1,557		$	1,099
Southern Power	64			85		128			142
Total	721			850		1,685			1,241
Parent Company and Other	(3		)	2		(5		)	(11		)
Net Income–As Reported	$	718		$	852	$	1,680		$	1,230
Basic Earnings Per Share	$	0.80		$	0.97	$	1.88		$	1.41
Average Shares Outstanding (in millions)	898			878		894			874
End of Period Shares Outstanding (in millions)						901			882
	Three Months Ended September					Year-to-Date September
	2014			2013		2014			2013
Consolidated Earnings–Excluding Items
(See Notes)
Net Income–As Reported	$	718		$	852	$	1,680		$	1,230
Estimated Loss on Kemper IGCC	258			93		493			704
Leveraged Lease Restructure	—			—		—			16
Net Income–Excluding Items	$	976		$	945	$	2,173		$	1,950
Basic Earnings Per Share–Excluding Items	$	1.09		$	1.08	$	2.43		$	2.24
Notes
- For the three and nine months ended September 30, 2014 and 2013, dilution does not change basic earnings per share by more than 1 cent and is not material.
- The estimated probable losses relating to Mississippi Power Company's construction of the integrated coal gasification combined cycle facility in Kemper County, Mississippi (Kemper IGCC) significantly impacted the presentation of earnings and earnings per share for the three and nine months ended September 30, 2014 and 2013 and any similar charges may occur with uncertain frequency.
- The charge related to the restructuring of a leveraged lease investment that was completed on March 1, 2013 impacted the presentation of earnings and earnings per share for the nine months ended September 30, 2013 and similar charges are not expected to occur with any regularity in the future.
- All figures in this earnings release are preliminary and remain subject to the completion of normal quarter-end accounting procedures and adjustments, which could result in changes to these preliminary results. In addition, certain classifications and rounding may be different from final results published in the Form 10-Q.