EX-99.07 8 ex9907-financialoverviewq1.htm EX-99.07 Document




Exhibit 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
Three Months Ended March
20232022% Change
Southern Company –
Operating Revenues$6,480 $6,648 (2.5)%
Earnings Before Income Taxes896 1,164 (23.0)%
Net Income Available to Common862 1,032 (16.5)%
Alabama Power –
Operating Revenues$1,647 $1,649 (0.1)%
Earnings Before Income Taxes253 458 (44.8)%
Net Income Available to Common255 347 (26.5)%
Georgia Power –
Operating Revenues$2,176 $2,208 (1.4)%
Earnings Before Income Taxes349 415 (15.9)%
Net Income Available to Common296 385 (23.1)%
Mississippi Power –
Operating Revenues$390 $335 16.4 %
Earnings Before Income Taxes71 50 42.0 %
Net Income Available to Common58 42 38.1 %
Southern Power –
Operating Revenues$508 $539 (5.8)%
Earnings Before Income Taxes32 15 113.3 %
Net Income Available to Common102 72 41.7 %
Southern Company Gas –
Operating Revenues$1,875 $2,058 (8.9)%
Earnings Before Income Taxes412 416 (1.0)%
Net Income Available to Common309 319 (3.1)%
Notes
- See Financial Highlights pages for discussion of certain significant items occurring during the periods.