Exhibit 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
	Three Months Ended June							Year-to-Date June
	2014		2013			% Change		2014			2013			% Change
Consolidated –
Operating Revenues	$	4,467	$	4,246		5.2	%	$	9,111		$	8,143		11.9	%
Earnings Before Income Taxes	949		471			101.5	%	1,493			599			149.2	%
Net Income Available to Common	611		297			105.7	%	962			378			154.5	%
Alabama Power –
Operating Revenues	$	1,437	$	1,392		3.2	%	$	2,945		$	2,700		9.1	%
Earnings Before Income Taxes	302		302			—	%	626			550			13.8	%
Net Income Available to Common	173		173			—	%	360			314			14.6	%
Georgia Power –
Operating Revenues	$	2,186	$	2,042		7.1	%	$	4,455		$	3,924		13.5	%
Earnings Before Income Taxes	493		464			6.3	%	929			789			17.7	%
Net Income Available to Common	311		282			10.3	%	577			479			20.5	%
Gulf Power –
Operating Revenues	$	384	$	371		3.3	%	$	791		$	697		13.4	%
Earnings Before Income Taxes	58		55			5.1	%	120			92			29.9	%
Net Income Available to Common	34		33			4.6	%	71			54			30.3	%
Mississippi Power –
Operating Revenues	$	311	$	306		1.5	%	$	642		$	552		16.3	%
Earnings Before Income Taxes	79		(372		)	121.2	%	(222		)	(787		)	71.7	%
Net Income Available to Common	62		(219		)	128.5	%	(110		)	(465		)	76.5	%
Southern Power –
Operating Revenues	$	329	$	307		7.0	%	$	680		$	610		11.4	%
Earnings Before Income Taxes	29		33			(11.3	)%	67			77			(13.3	)%
Net Income Available to Common	31		28			10.4	%	64			57			12.6	%
Notes
- Mississippi Power Company restated its 2012 financial statements to reflect a pre-tax charge to income for the estimated probable loss on Kemper IGCC of $78 million ($48 million after tax) in 2012. Southern Company evaluated the portion of the estimated probable loss related to 2012 and concluded it was not material to Southern Company. Therefore, Southern Company reflected the pre-tax charge to income for this portion of the estimated probable loss related to 2012 in the first quarter 2013.
- 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.