Document


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