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Exhibit 99.05 |
|
Southern Company |
Consolidated Earnings |
As Reported |
(In Millions of Dollars) |
| | | | | | | | | | | |
| Three Months Ended September | | Year-To-Date September |
| 2022 | | 2021 | | Change | | 2022 | | 2021 | | Change |
Retail Electric Revenues- | | | | | | | | | | | |
Fuel | $ | 2,320 | | | $ | 1,186 | | | $ | 1,134 | | | $ | 4,942 | | | $ | 2,899 | | | $ | 2,043 | |
Non-Fuel | 3,641 | | | 3,365 | | | 276 | | | 9,421 | | | 8,593 | | | 828 | |
Wholesale Electric Revenues | 1,197 | | | 731 | | | 466 | | | 2,798 | | | 1,822 | | | 976 | |
Other Electric Revenues | 185 | | | 179 | | | 6 | | | 554 | | | 525 | | | 29 | |
Natural Gas Revenues | 857 | | | 623 | | | 234 | | | 3,998 | | | 2,994 | | | 1,004 | |
Other Revenues | 178 | | | 154 | | | 24 | | | 519 | | | 513 | | | 6 | |
Total Operating Revenues | 8,378 | | | 6,238 | | | 2,140 | | | 22,232 | | | 17,346 | | | 4,886 | |
Fuel and Purchased Power | 3,068 | | | 1,522 | | | 1,546 | | | 6,534 | | | 3,642 | | | 2,892 | |
Cost of Natural Gas | 294 | | | 129 | | | 165 | | | 1,840 | | | 943 | | | 897 | |
Cost of Other Sales | 92 | | | 71 | | | 21 | | | 275 | | | 255 | | | 20 | |
Non-Fuel O&M | 1,547 | | | 1,446 | | | 101 | | | 4,621 | | | 4,257 | | | 364 | |
Depreciation and Amortization | 922 | | | 896 | | | 26 | | | 2,728 | | | 2,658 | | | 70 | |
Taxes Other Than Income Taxes | 352 | | | 312 | | | 40 | | | 1,073 | | | 969 | | | 104 | |
Estimated Loss on Plant Vogtle Units 3 and 4 | (70) | | | 264 | | | (334) | | | (18) | | | 772 | | | (790) | |
| | | | | | | | | | | |
Gain on Dispositions, net | (20) | | | (125) | | | 105 | | | (53) | | | (179) | | | 126 | |
Total Operating Expenses | 6,185 | | | 4,515 | | | 1,670 | | | 17,000 | | | 13,317 | | | 3,683 | |
Operating Income | 2,193 | | | 1,723 | | | 470 | | | 5,232 | | | 4,029 | | | 1,203 | |
Allowance for Equity Funds Used During Construction | 59 | | | 49 | | | 10 | | | 163 | | | 140 | | | 23 | |
Earnings from Equity Method Investments | 28 | | | 30 | | | (2) | | | 109 | | | 35 | | | 74 | |
Interest Expense, Net of Amounts Capitalized | 511 | | | 451 | | | 60 | | | 1,461 | | | 1,352 | | | 109 | |
| | | | | | | | | | | |
Other Income (Expense), net | 132 | | | 131 | | | 1 | | | 414 | | | 290 | | | 124 | |
Income Taxes | 414 | | | 372 | | | 42 | | | 891 | | | 550 | | | 341 | |
Net Income | 1,487 | | | 1,110 | | | 377 | | | 3,566 | | | 2,592 | | | 974 | |
Dividends on Preferred Stock of Subsidiaries | 3 | | | 4 | | | (1) | | | 10 | | | 11 | | | (1) | |
Net Income (Loss) Attributable to Noncontrolling Interests | 12 | | | 5 | | | 7 | | | (55) | | | (27) | | | (28) | |
NET INCOME ATTRIBUTABLE TO SOUTHERN COMPANY | $ | 1,472 | | | $ | 1,101 | | | $ | 371 | | | $ | 3,611 | | | $ | 2,608 | | | $ | 1,003 | |