EX-99.07 8 ex9907-financialoverviewq3.htm EX-99.07 Document




Exhibit 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
Three Months Ended SeptemberYear-To-Date September
20232022% Change20232022% Change
Southern Company –
Operating Revenues$6,980 $8,378 (16.7)%$19,208 $22,232 (13.6)%
Earnings Before Income Taxes1,729 1,901 (9.0)%3,545 4,457 (20.5)%
Net Income Available to Common1,422 1,472 (3.4)%3,121 3,611 (13.6)%
Alabama Power –
Operating Revenues$2,083 $2,444 (14.8)%$5,420 $6,023 (10.0)%
Earnings Before Income Taxes644 694 (7.2)%1,235 1,660 (25.6)%
Net Income Available to Common565 525 7.6 %1,132 1,256 (9.9)%
Georgia Power –
Operating Revenues$3,237 $3,889 (16.8)%$7,805 $9,218 (15.3)%
Earnings Before Income Taxes980 1,084 (9.6)%1,892 2,272 (16.7)%
Net Income Available to Common780 858 (9.1)%1,547 1,851 (16.4)%
Mississippi Power –
Operating Revenues$436 $510 (14.5)%$1,137 $1,279 (11.1)%
Earnings Before Income Taxes93 79 17.7 %208 188 10.6 %
Net Income Available to Common75 62 21.0 %173 150 15.3 %
Southern Power –
Operating Revenues$653 $1,180 (44.7)%$1,686 $2,618 (35.6)%
Earnings Before Income Taxes149 143 4.2 %258 259 (0.4)%
Net Income Available to Common100 95 5.3 %288 265 8.7 %
Southern Company Gas –
Operating Revenues$689 $857 (19.6)%$3,417 $3,998 (14.5)%
Earnings Before Income Taxes110 110 — %635 677 (6.2)%
Net Income Available to Common82 83 (1.2)%475 516 (7.9)%
Notes
- See Financial Highlights pages for discussion of certain significant items occurring during the periods.