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Exhibit 99.07 |
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Southern Company |
Financial Overview |
As Reported |
(In Millions of Dollars) |
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| Three Months Ended December | | Year-To-Date December |
| 2022 | | 2021 | | % Change | | 2022 | | 2021 | | % Change |
Southern Company – | | | | | | | | | | | |
Operating Revenues | $ | 7,047 | | | $ | 5,767 | | | 22.2 | % | | $ | 29,279 | | | $ | 23,113 | | | 26.7 | % |
Earnings (Loss) Before Income Taxes | (234) | | | (566) | | | (58.7) | % | | 4,223 | | | 2,576 | | | 63.9 | % |
Net Income (Loss) Available to Common | (87) | | | (215) | | | (59.5) | % | | 3,524 | | | 2,393 | | | 47.3 | % |
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Alabama Power – | | | | | | | | | | | |
Operating Revenues | $ | 1,794 | | | $ | 1,394 | | | 28.7 | % | | $ | 7,817 | | | $ | 6,413 | | | 21.9 | % |
Earnings Before Income Taxes | 114 | | | 59 | | | 93.2 | % | | 1,774 | | | 1,625 | | | 9.2 | % |
Net Income Available to Common | 84 | | | 49 | | | 71.4 | % | | 1,340 | | | 1,238 | | | 8.2 | % |
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Georgia Power – | | | | | | | | | | | |
Operating Revenues | $ | 2,366 | | | $ | 2,210 | | | 7.1 | % | | $ | 11,584 | | | $ | 9,260 | | | 25.1 | % |
Earnings (Loss) Before Income Taxes | (89) | | | (695) | | | (87.2) | % | | 2,183 | | | 416 | | | N/M |
Net Income (Loss) Available to Common | (38) | | | (446) | | | (91.5) | % | | 1,813 | | | 584 | | | N/M |
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Mississippi Power – | | | | | | | | | | | |
Operating Revenues | $ | 415 | | | $ | 334 | | | 24.3 | % | | $ | 1,694 | | | $ | 1,322 | | | 28.1 | % |
Earnings Before Income Taxes | 13 | | | 25 | | | (48.0) | % | | 201 | | | 180 | | | 11.7 | % |
Net Income Available to Common | 14 | | | 26 | | | (46.2) | % | | 164 | | | 159 | | | 3.1 | % |
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Southern Power – | | | | | | | | | | | |
Operating Revenues | $ | 751 | | | $ | 606 | | | 23.9 | % | | $ | 3,369 | | | $ | 2,216 | | | 52.0 | % |
Earnings (Loss) Before Income Taxes | 8 | | | (27) | | | N/M | | 267 | | | 154 | | | 73.4 | % |
Net Income Available to Common | 89 | | | 55 | | | 61.8 | % | | 354 | | | 266 | | | 33.1 | % |
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Southern Company Gas – | | | | | | | | | | | |
Operating Revenues | $ | 1,964 | | | $ | 1,386 | | | 41.7 | % | | $ | 5,962 | | | $ | 4,380 | | | 36.1 | % |
Earnings Before Income Taxes | 75 | | | 201 | | | (62.7) | % | | 752 | | | 814 | | | (7.6) | % |
Net Income Available to Common | 56 | | | 150 | | | (62.7) | % | | 572 | | | 539 | | | 6.1 | % |