EX-99.04 5 ex9904-epsearningsanalysis.htm EXHIBIT Ex. 99.04 - EPS Earnings Analysis Q2 2014


 
Exhibit 99.04
Southern Company
EPS Earnings Analysis
Three Months Ended June 2014 vs. June 2013
 
 
Cents
Description
 
 
Retail Sales
 
 
4
Retail Revenue Impacts
 
 
3
Weather
 
 
1
Other Operating Revenues
 
 
(5)
Non-Fuel O&M
 
 
(2)
Depreciation and Amortization
 
 
(1)
Taxes Other Than Income Taxes
 
 
2
Other Income and Deductions
 
 
1
Interest Expense
 
 
Total Traditional Operating Companies
 
 
(2)
Increase in Shares
 
 
Total Change in QTD EPS (x-Items)
 
 
32
Estimated Loss on Kemper IGCC
 
 
34¢
Total Change in QTD EPS (As Reported)
 
 
Notes
- 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 months ended June 30, 2013 and any similar charges may occur with uncertain frequency.
 
 
- 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.