Southern Power 8-K Results of Operations and Financial Condition

Exhibit 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
	Three Months Ended June								Year-to-Date June
	2018			2017			% Change		2018			2017			% Change
Southern Company –
Operating Revenues	$	5,627		$	5,430		3.6	%	$	11,999		$	11,202		7.1	%
Earnings (Loss) Before Income Taxes	(266		)	(1,935		)	N/M		784			(957		)	N/M
Net Income (Loss) Available to Common	(154		)	(1,381		)	N/M		784			(723		)	N/M
Alabama Power –
Operating Revenues	$	1,503		$	1,484		1.3	%	$	2,976		$	2,866		3.8	%
Earnings Before Income Taxes	326			386			(15.5	)%	636			689			(7.7	)%
Net Income Available to Common	259			230			12.6	%	484			403			20.1	%
Georgia Power –
Operating Revenues	$	2,048		$	2,048		—	%	$	4,008		$	3,880		3.3	%
Earnings (Loss) Before Income Taxes	(539		)	551			N/M		(94		)	971			N/M
Net Income (Loss) Available to Common	(396		)	347			N/M		(44		)	607			N/M
Gulf Power –
Operating Revenues	$	344		$	357		(3.6	)%	$	692		$	707		(2.1	)%
Earnings Before Income Taxes	31			61			(49.2	)%	87			95			(8.4	)%
Net Income Available to Common	42			35			20.0	%	84			53			58.5	%
Mississippi Power –
Operating Revenues	$	297		$	303		(2.0	)%	$	598		$	575		4.0	%
Earnings (Loss) Before Income Taxes	60			(2,934		)	N/M		49			(2,981		)	N/M
Net Income (Loss) Available to Common	46			(2,054		)	N/M		39			(2,074		)	N/M
Southern Power –
Operating Revenues	$	555		$	529		4.9	%	$	1,064		$	979		8.7	%
Earnings (Loss) Before Income Taxes	(28		)	66			(142.4	)%	(12		)	78			(115.4	)%
Net Income Available to Common	22			82			(73.2	)%	143			151			(5.3	)%
Southern Company Gas –
Operating Revenues	$	730		$	716		2.0	%	$	2,369		$	2,276		4.1	%
Earnings Before Income Taxes	24			80			(70.0	)%	407			468			(13.0	)%
Net Income (Loss) Available to Common	(31		)	49			N/M		248			288			(13.9	)%
N/M - not meaningful
Notes
- See Financial Highlights pages for discussion of certain significant items occurring during the periods presented.