Document


Exhibit 99.05

Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
	Three Months Ended June						Year-to-Date June
	2021		2020		Change		2021		2020		Change
Income Account-
Retail Electric Revenues-
Fuel	$	875	$	676	$	199	$	1,712	$	1,353	$	359
Non-Fuel	2,724		2,506		218		5,229		4,907		322
Wholesale Electric Revenues	546		472		74		1,091		889		202
Other Electric Revenues	175		168		7		346		320		26
Natural Gas Revenues	677		636		41		2,371		1,885		486
Other Revenues	201		162		39		359		284		75
Total Revenues	5,198		4,620		578		11,108		9,638		1,470
Fuel and Purchased Power	1,065		821		244		2,120		1,638		482
Cost of Natural Gas	231		144		87		814		583		231
Cost of Other Sales	103		74		29		185		129		56
Non-Fuel O&M	1,438		1,203		235		2,810		2,498		312
Depreciation and Amortization	891		873		18		1,762		1,730		32
Taxes Other Than Income Taxes	313		298		15		657		629		28
Estimated Loss on Plant Vogtle Units 3 and 4	460		149		311		508		149		359
(Gain) Loss on Dispositions, net	(11)		—		(11)		(54)		(39)		(15)
Total Operating Expenses	4,490		3,562		928		8,802		7,317		1,485
Operating Income	708		1,058		(350)		2,306		2,321		(15)
Allowance for Equity Funds Used During Construction	45		35		10		90		68		22
Earnings (Loss) from Equity Method Investments	(40)		30		(70)		5		72		(67)
Interest Expense, Net of Amounts Capitalized	450		444		6		901		900		1
Impairment of Leveraged Leases	7		154		(147)		7		154		(147)
Other Income (Expense), net	108		101		7		167		204		(37)
Income Taxes (Benefit)	(12)		5		(17)		178		150		28
Net Income	376		621		(392)		1,482		1,461		(126)
Less:
Dividends on Preferred Stock of Subsidiaries	4		4		—		7		7		—
Net Income (Loss) Attributable to Noncontrolling Interests	—		5		(5)		(33)		(26)		(7)
NET INCOME ATTRIBUTABLE TO SOUTHERN COMPANY	$	372	$	612	$	(240)	$	1,508	$	1,480	$	28