Exhibit 99.05
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
	Three Months Ended September									Year-to-Date September
	2014			2013			Change			2014			2013			Change
Income Account-
Retail Revenues-
Fuel	$	1,483		$	1,435		$	48		$	4,255		$	3,830		$	425
Non-Fuel	3,075			2,884			191			7,931			7,407			524
Wholesale Revenues	600			520			80			1,719			1,406			313
Other Electric Revenues	169			166			3			503			477			26
Non-regulated Operating Revenues	12			12			—			42			40			2
Total Revenues	5,339			5,017			322			14,450			13,160			1,290
Fuel and Purchased Power	1,850			1,725			125			5,279			4,583			696
Non-Fuel O & M	1,021			928			93			3,026			2,849			177
Depreciation and Amortization	514			480			34			1,515			1,422			93
Taxes Other Than Income Taxes	258			243			15			751			710			41
Estimated Loss on Kemper IGCC	418			150			268			798			1,140			(342		)
Total Operating Expenses	4,061			3,526			535			11,369			10,704			665
Operating Income	1,278			1,491			(213		)	3,081			2,456			625
Allowance for Equity Funds Used During Construction	63			53			10			182			139			43
Interest Expense, Net of Amounts Capitalized	207			202			5			623			628			(5		)
Other Income (Expense), net	(7		)	(5		)	(2		)	(20		)	(31		)	11
Income Taxes	392			468			(76		)	889			657			232
Net Income	735			869			(134		)	1,731			1,279			452
Dividends on Preferred and Preference Stock of Subsidiaries	17			17			—			51			49			2
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK	$	718		$	852		$	(134	)	$	1,680		$	1,230		$	450
Notes
- Certain prior year data has been reclassified to conform with current year presentation.
- 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.