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Exhibit 99.05 |
|
Southern Company |
Consolidated Earnings |
As Reported |
(In Millions of Dollars) |
| | | | | | | | | | | |
| Three Months Ended December | | Year-To-Date December |
| 2022 | | 2021 | | Change | | 2022 | | 2021 | | Change |
Retail Electric Revenues- | | | | | | | | | | | |
Fuel | $ | 1,460 | | | $ | 1,041 | | | $ | 419 | | | $ | 6,402 | | | $ | 3,940 | | | $ | 2,462 | |
Non-Fuel | 2,374 | | | 2,319 | | | 55 | | | 11,795 | | | 10,912 | | | 883 | |
Wholesale Electric Revenues | 843 | | | 633 | | | 210 | | | 3,641 | | | 2,455 | | | 1,186 | |
Other Electric Revenues | 193 | | | 193 | | | — | | | 747 | | | 718 | | | 29 | |
Natural Gas Revenues | 1,964 | | | 1,386 | | | 578 | | | 5,962 | | | 4,380 | | | 1,582 | |
Other Revenues | 213 | | | 195 | | | 18 | | | 732 | | | 708 | | | 24 | |
Total Operating Revenues | 7,047 | | | 5,767 | | | 1,280 | | | 29,279 | | | 23,113 | | | 6,166 | |
Fuel and Purchased Power | 1,894 | | | 1,346 | | | 548 | | | 8,428 | | | 4,988 | | | 3,440 | |
Cost of Natural Gas | 1,164 | | | 676 | | | 488 | | | 3,004 | | | 1,619 | | | 1,385 | |
Cost of Other Sales | 121 | | | 102 | | | 19 | | | 396 | | | 357 | | | 39 | |
Non-Fuel O&M | 2,009 | | | 1,833 | | | 176 | | | 6,630 | | | 6,088 | | | 542 | |
Depreciation and Amortization | 935 | | | 907 | | | 28 | | | 3,663 | | | 3,565 | | | 98 | |
Taxes Other Than Income Taxes | 338 | | | 321 | | | 17 | | | 1,411 | | | 1,290 | | | 121 | |
Estimated Loss on Plant Vogtle Units 3 and 4 | 201 | | | 920 | | | (719) | | | 183 | | | 1,692 | | | (1,509) | |
Impairment Charges | 251 | | | — | | | 251 | | | 251 | | | 2 | | | 249 | |
Gain on Dispositions, net | (4) | | | (7) | | | 3 | | | (57) | | | (186) | | | 129 | |
Total Operating Expenses | 6,909 | | | 6,098 | | | 811 | | | 23,909 | | | 19,415 | | | 4,494 | |
Operating Income (Loss) | 138 | | | (331) | | | 469 | | | 5,370 | | | 3,698 | | | 1,672 | |
Allowance for Equity Funds Used During Construction | 61 | | | 50 | | | 11 | | | 224 | | | 190 | | | 34 | |
Earnings from Equity Method Investments | 42 | | | 41 | | | 1 | | | 151 | | | 76 | | | 75 | |
Interest Expense, Net of Amounts Capitalized | 561 | | | 485 | | | 76 | | | 2,022 | | | 1,837 | | | 185 | |
| | | | | | | | | | | |
Other Income (Expense), net | 86 | | | 159 | | | (73) | | | 500 | | | 449 | | | 51 | |
Income Taxes (Benefit) | (96) | | | (283) | | | 187 | | | 795 | | | 267 | | | 528 | |
Net Income (Loss) | (138) | | | (283) | | | 145 | | | 3,428 | | | 2,309 | | | 1,119 | |
Dividends on Preferred Stock of Subsidiaries | 1 | | | 4 | | | (3) | | | 11 | | | 15 | | | (4) | |
Net Loss Attributable to Noncontrolling Interests | (52) | | | (72) | | | 20 | | | (107) | | | (99) | | | (8) | |
NET INCOME (LOSS) ATTRIBUTABLE TO SOUTHERN COMPANY | $ | (87) | | | $ | (215) | | | $ | 128 | | | $ | 3,524 | | | $ | 2,393 | | | $ | 1,131 | |