Exhibit 99.05
Southern Company
Consolidated Earnings As Reported
(In Millions of Dollars)
	Three Months Ended March
	2017			2016			Change
Income Account-
Retail Electric Revenues-
Fuel	$	928		$	875		$	53
Non-Fuel	2,466			2,502			(36		)
Wholesale Electric Revenues	531			396			135
Other Electric Revenues	175			181			(6		)
Natural Gas Revenues	1,530			—			1,530
Other Revenues	141			38			103
Total Revenues	5,771			3,992			1,779
Fuel and Purchased Power	1,175			1,076			99
Cost of Natural Gas	719			—			719
Cost of Other Sales	88			19			69
Non-Fuel O & M	1,329			1,107			222
Depreciation and Amortization	716			541			175
Taxes Other Than Income Taxes	330			256			74
Estimated Loss on Kemper IGCC	108			53			55
Total Operating Expenses	4,465			3,052			1,413
Operating Income	1,306			940			366
Allowance for Equity Funds Used During Construction	57			53			4
Earnings from equity method investments	39			—			39
Interest Expense, Net of Amounts Capitalized	416			246			170
Other Income (Expense), net	(6		)	(29		)	23
Income Taxes	315			217			98
Net Income	665			501			164
Less:
Dividends on Preferred and Preference Stock of Subsidiaries	11			11			—
Net Income (Loss) Attributable to Noncontrolling Interests	(4		)	1			(5		)
NET INCOME ATTRIBUTABLE TO SOUTHERN COMPANY	$	658		$	489		$	169
Notes
- Certain prior year data may have been reclassified to conform with current year presentation.
- In connection with the adoption in the fourth quarter 2016 of a new accounting standard for stock compensation, previously reported amounts for income tax expense were reduced by a total of $4.5 million for the three months ended March 31, 2016.