Exhibit 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
	Three Months Ended December						Year-to-Date December
	2020		2019		% Change		2020		2019		% Change
Southern Company1, 2 –
Operating Revenues	$	5,117	$	4,914	4.1	%	$	20,375	$	21,419	(4.9)	%
Earnings Before Income Taxes	307		335		(8.4)	%	3,496		6,542		(46.6)	%
Net Income Available to Common	387		440		(12.0)	%	3,119		4,739		(34.2)	%
Alabama Power –
Operating Revenues	$	1,385	$	1,363	1.6	%	$	5,830	$	6,125	(4.8)	%
Earnings Before Income Taxes	162		67		141.8	%	1,502		1,355		10.8	%
Net Income Available to Common	128		88		45.5	%	1,150		1,070		7.5	%
Georgia Power –
Operating Revenues	$	1,938	$	1,703	13.8	%	$	8,309	$	8,408	(1.2)	%
Earnings Before Income Taxes	118		128		(7.8)	%	1,727		2,192		(21.2)	%
Net Income Available to Common	164		122		34.4	%	1,575		1,720		(8.4)	%
Mississippi Power –
Operating Revenues	$	277	$	294	(5.8)	%	$	1,172	$	1,264	(7.3)	%
Earnings Before Income Taxes	8		3		166.7	%	166		169		(1.8)	%
Net Income Available to Common	14		—		N/M		152		139		9.4	%
Southern Power2 –
Operating Revenues	$	396	$	411	(3.6)	%	$	1,733	$	1,938	(10.6)	%
Earnings (Loss) Before Income Taxes	(32)		(28)		14.3	%	210		273		(23.1)	%
Net Income Available to Common	26		23		13.0	%	238		339		(29.8)	%
Southern Company Gas –
Operating Revenues	$	1,072	$	1,131	(5.2)	%	$	3,434	$	3,792	(9.4)	%
Earnings Before Income Taxes	305		307		(0.7)	%	763		715		6.7	%
Net Income Available to Common	230		238		(3.4)	%	590		585		0.9	%

N/M - Not meaningful

Notes

- See Financial Highlights pages for discussion of certain significant items occurring during the periods presented.

(1)Earnings comparisons to the prior year were significantly impacted by the gain associated with the sale of Gulf Power Company on January 1, 2019.

(2)Earnings and revenue comparisons to the prior year were significantly impacted by Southern Power's dispositions of Plant Nacogdoches on June 13, 2019 and Plant Mankato on January 17, 2020.