| Exhibit 99.02 |
| Southern Company |
| Financial Highlights |
| (In Millions of Dollars Except Earnings Per Share) |
| Three Months Ended June | Year-to-Date June | |||||||||||||
| 2011 | 2010 | 2011 | 2010 | |||||||||||
| Consolidated Earnings–As Reported | ||||||||||||||
| (See Notes) | ||||||||||||||
| Traditional Operating Companies | $ | 558 | $ | 475 | $ | 943 | $ | 957 | ||||||
| Southern Power | 45 | 32 | 82 | 46 | ||||||||||
| Total | 603 | 507 | 1,025 | 1,003 | ||||||||||
| Parent Company and Other | 0 | 3 | 1 | 2 | ||||||||||
| Net Income–As Reported | $ | 603 | $ | 510 | $ | 1,026 | $ | 1,005 | ||||||
| Basic Earnings Per Share | $ | 0.71 | $ | 0.62 | $ | 1.20 | $ | 1.22 | ||||||
Average Shares Outstanding (in millions) | 855 | 828 | 851 | 825 | ||||||||||
End of Period Shares Outstanding (in millions) | 858 | 831 | ||||||||||||
| Notes | |
| - | For the three months and six months ended June 30, 2011 and 2010, dilution does not change basic earnings per share by more than 1 cent and is not material. |
| - | Certain prior year data has been reclassified to conform with current year presentation. |
| - | Information contained in this report is subject to audit and adjustments. Certain classifications and rounding may be different from final results published in the Form 10-Q. |