EX-99.04 6 x9904.txt EXHIBIT 99.04 Southern Company Analysis of Consolidated Earnings (In Millions of Dollars)
3 Months Ended September Year-to-Date September --------------------------------- ----------------------------------- 2006 2005 Change 2006 2005 Change ---- ---- ------ ---- ---- ------ Income Account- Retail Revenue $3,853 $3,672 $181 $ 9,295 $ 8,496 $799 Wholesale Revenue 506 506 - 1,361 1,238 123 Other Electric Revenues 120 111 9 347 322 25 Non-regulated Operating Revenues 70 69 1 201 209 (8) ------ ------ ---- ------- ------- ---- Total Revenues 4,549 4,358 191 11,204 10,265 939 ------ ------ ---- ------- ------- ---- Fuel and Purchased Power 1,865 1,756 109 4,464 3,835 629 Non-fuel O & M 840 848 (8) 2,547 2,491 56 Depreciation and Amortization 300 298 2 897 876 21 Taxes Other Than Income Taxes 187 179 8 541 505 36 ------ ------ ---- ------- ------- ---- Total Operating Expenses 3,192 3,081 111 8,449 7,707 742 ------ ------ ---- ------- ------- ---- Operating Income 1,357 1,277 80 2,755 2,558 197 Other Income, net 11 7 4 26 26 - Interest Charges and Dividends 225 202 23 660 573 87 Income Taxes 405 351 54 735 574 161 Discontinued Operations, net of tax - (9) 9 (1) (5) 4 ------ ------ ---- ------- ------- ---- NET INCOME (See Notes) $ 738 $ 722 $ 16 $ 1,385 $ 1,432 $(47) ====== ====== ==== ======= ======= ====
Notes ----- - Southern Company GAS completed the sale of substantially all of its assets on January 4, 2006 and is included in consolidated earnings in all periods as discontinued operations. - Certain prior year data has been reclassified to conform with current year presentation. - Information contained in this report is subject to audit and adjustments and certain classifications may be different from final results published in the Form 10-Q.