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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 March |
| | | | | | | 2023 | | 2022 | | % Change |
Southern Company – | | | | | | | | | | | |
Operating Revenues | | | | | | | $ | 6,480 | | | $ | 6,648 | | | (2.5) | % |
Earnings Before Income Taxes | | | | | | | 896 | | | 1,164 | | | (23.0) | % |
Net Income Available to Common | | | | | | | 862 | | | 1,032 | | | (16.5) | % |
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Alabama Power – | | | | | | | | | | | |
Operating Revenues | | | | | | | $ | 1,647 | | | $ | 1,649 | | | (0.1) | % |
Earnings Before Income Taxes | | | | | | | 253 | | | 458 | | | (44.8) | % |
Net Income Available to Common | | | | | | | 255 | | | 347 | | | (26.5) | % |
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Georgia Power – | | | | | | | | | | | |
Operating Revenues | | | | | | | $ | 2,176 | | | $ | 2,208 | | | (1.4) | % |
Earnings Before Income Taxes | | | | | | | 349 | | | 415 | | | (15.9) | % |
Net Income Available to Common | | | | | | | 296 | | | 385 | | | (23.1) | % |
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Mississippi Power – | | | | | | | | | | | |
Operating Revenues | | | | | | | $ | 390 | | | $ | 335 | | | 16.4 | % |
Earnings Before Income Taxes | | | | | | | 71 | | | 50 | | | 42.0 | % |
Net Income Available to Common | | | | | | | 58 | | | 42 | | | 38.1 | % |
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Southern Power – | | | | | | | | | | | |
Operating Revenues | | | | | | | $ | 508 | | | $ | 539 | | | (5.8) | % |
Earnings Before Income Taxes | | | | | | | 32 | | | 15 | | | 113.3 | % |
Net Income Available to Common | | | | | | | 102 | | | 72 | | | 41.7 | % |
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Southern Company Gas – | | | | | | | | | | | |
Operating Revenues | | | | | | | $ | 1,875 | | | $ | 2,058 | | | (8.9) | % |
Earnings Before Income Taxes | | | | | | | 412 | | | 416 | | | (1.0) | % |
Net Income Available to Common | | | | | | | 309 | | | 319 | | | (3.1) | % |