The tables below provide summarized quarterly financial information for each registrant for 2018 and 2017. Each registrant's business is influenced by seasonal weather conditions.



Quarter Ended	Southern Company^(a)			Alabama Power		Georgia Power^(b)			Mississippi Power^(c)			Southern Power^(d)			Southern Company Gas^(e)
	(in millions)
March 2018
Operating Revenues	$	6,372		$	1,473	$	1,961		$	302		$	509		$	1,639
Operating Income (Loss)	1,376			372		513			7			60			388
Net Income (Loss)	936			225		352			(7		)	115			279
Net Income (Loss) Attributable to Registrant	938			225		352			(7		)	121			279

June 2018
Operating Revenues	$	5,627		$	1,503	$	2,048		$	297		$	555		$	730
Operating Income (Loss)	63			380		(472		)	54			16			49
Net Income (Loss)	(127		)	259		(396		)	46			45			(31		)
Net Income (Loss) Attributable to Registrant	(154		)	259		(396		)	46			22			(31		)

September 2018
Operating Revenues	$	6,159		$	1,740	$	2,593		$	358		$	635		$	492
Operating Income (Loss)	2,174			561		991			80			136			374
Net Income (Loss)	1,222			373		664			47			146			46
Net Income (Loss) Attributable to Registrant	1,164			373		664			47			92			46

December 2018
Operating Revenues	$	5,337		$	1,316	$	1,818		$	308		$	506		$	1,048
Operating Income (Loss)	578			164		257			52			30			104
Net Income (Loss)	269			73		173			149			(60		)	78
Net Income (Loss) Attributable to Registrant	278			73		173			149			(48		)	78


(a)	See notes (b), (c), (d), and (e) below.


(b)	Georgia Power recorded an estimated probable loss of $1.1 billion in the second quarter 2018 to reflect its revised estimate to complete construction and start-up of Plant Vogtle Units 3 and 4. See Note 2 under "Georgia Power – Nuclear Construction" for additional information.

(c)

As a result of the abandonment and related closure activities for the mine and gasifier-related assets at the Kemper County energy facility, Mississippi Power recorded total pre-tax charges to income of $44 million ($33 million after tax) in the first quarter 2018, immaterial amounts in the second and third quarters 2018, and a pre-tax credit to income of $9 million in the fourth quarter 2018. In addition, Mississippi Power recorded a credit to earnings of $95 million in the fourth quarter 2018 primarily resulting from the reduction of a valuation allowance for a state income tax NOL carryforward associated with the Kemper County energy facility. See Note 2 under "Mississippi Power – Kemper County Energy Facility" and Note 10 for additional information.

(d)

Southern Power recorded pre-tax impairment charges of $119 million ($89 million after tax) in the second quarter 2018 in contemplation of the sale of the Florida Plants and $36 million ($27 million after tax) in the third quarter 2018 related to wind turbine equipment. See Note 15 under "Southern Power – Sales of Natural Gas Plants" and " – Development Projects" for additional information. As a result of the Tax Reform Legislation, Southern Power recorded income tax expense of $75 million in the fourth quarter 2018. See Note 10 for additional information.

(e)

Southern Company Gas recorded a goodwill impairment charge of $42 million in the first quarter 2018 in contemplation of the sale of Pivotal Home Solutions. Southern Company Gas also recorded gains (losses) on dispositions in the second, third, and fourth quarters 2018 of $(36) million pre-tax and $(76) million after tax, $353 million pre-tax and $40 million after tax, and $(27) million pre-tax and $(15) million after tax, respectively. See Note 15 under "Southern Company Gas" for additional information.



Quarter Ended	Southern Company^(a)(b)(c)			Alabama Power		Georgia Power		Mississippi Power^(a)(b)			Southern Power^(b)		Southern Company Gas^(b)
	(in millions)
March 2017
Operating Revenues	$	5,771		$	1,382	$	1,832	$	272		$	450	$	1,560
Operating Income (Loss)	1,252			361		483		(64		)	65		389
Net Income (Loss)	665			174		260		(20		)	66		239
Net Income (Loss) Attributable to Registrant	658			174		260		(20		)	70		239

June 2017
Operating Revenues	$	5,430		$	1,484	$	2,048	$	303		$	529	$	716
Operating Income (Loss)	(1,649		)	440		621		(2,956		)	112		95
Net Income (Loss)	(1,348		)	230		347		(2,054		)	104		49
Net Income (Loss) Attributable to Registrant	(1,381		)	230		347		(2,054		)	82		49

September 2017
Operating Revenues	$	6,201		$	1,740	$	2,546	$	341		$	618	$	565
Operating Income (Loss)	1,991			601		1,017		49			159		67
Net Income (Loss)	1,109			325		580		40			154		15
Net Income (Loss) Attributable to Registrant	1,069			325		580		40			124		15

December 2017
Operating Revenues	$	5,629		$	1,433	$	1,884	$	271		$	478	$	1,079
Operating Income (Loss)	739			255		452		(180		)	32		109
Net Income (Loss)	500			119		227		(556		)	793		(60		)
Net Income (Loss) Attributable to Registrant	496			119		227		(556		)	795		(60		)

(a)

As a result of revisions to the cost estimate for the Kemper IGCC and the project's June 2017 suspension, Mississippi Power recorded total pre-tax charges to income related to the Kemper IGCC of $108 million ($67 million after tax) in the first quarter 2017, $3.0 billion ($2.1 billion after tax) in the second quarter 2017, $34 million ($21 million after tax) in the third quarter 2017, and $208 million ($185 million after tax) in the fourth quarter 2017. See Note 2 under "Mississippi Power – Kemper County Energy Facility" for additional information.

(b)

As a result of the Tax Reform Legislation, the Southern Company system recorded a total income tax benefit of $264 million in the fourth quarter 2017, comprised primarily of income tax expense of $372 million recorded at Mississippi Power, income tax benefit of $743 million recorded at Southern Power, and income tax expense of $93 million recorded at Southern Company Gas. See Note 10 for additional information.


(c)	Gulf Power recorded a pre-tax charge of $33 million ($20 million after tax) for the write-down of its ownership in Plant Scherer Unit 3 in the first quarter 2017. See Note 2 under "Southern Company – Gulf Power" for additional information.

Southern Company

The table below provides quarterly per share financial information for Southern Company common stock for 2018 and 2017.



	Per Common Share
	Basic Earnings			Diluted Earnings
Quarter Ended	Basic Earnings			Diluted Earnings			Dividends

March 2018	$	0.93		$	0.92		$	0.5800
June 2018	(0.15		)	(0.15		)	0.6000
September 2018	1.14			1.13			0.6000
December 2018	0.27			0.27			0.6000

March 2017	$	0.66		$	0.66		$	0.5600
June 2017	(1.38		)	(1.37		)	0.5800
September 2017	1.07			1.06			0.5800
December 2017	0.49			0.49			0.5800