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 September						Year-To-Date September
	2021		2020		% Change		2021		2020		% Change
Southern Company –
Operating Revenues	$	6,238	$	5,620	11.0	%	$	17,346	$	15,258	13.7	%
Earnings Before Income Taxes	1,482		1,576		(6.0)	%	3,142		3,189		(1.5)	%
Net Income Available to Common	1,101		1,251		(12.0)	%	2,608		2,732		(4.5)	%
Alabama Power –
Operating Revenues	$	1,904	$	1,729	10.1	%	$	5,019	$	4,445	12.9	%
Earnings Before Income Taxes	655		578		13.3	%	1,566		1,340		16.9	%
Net Income Available to Common	499		444		12.4	%	1,189		1,022		16.3	%
Georgia Power –
Operating Revenues	$	2,856	$	2,617	9.1	%	$	7,050	$	6,371	10.7	%
Earnings Before Income Taxes	649		945		(31.3)	%	1,111		1,609		(31.0)	%
Net Income Available to Common	536		773		(30.7)	%	1,030		1,411		(27.0)	%
Mississippi Power –
Operating Revenues	$	378	$	336	12.5	%	$	988	$	895	10.4	%
Earnings Before Income Taxes	60		79		(24.1)	%	155		158		(1.9)	%
Net Income Available to Common	50		67		(25.4)	%	133		138		(3.6)	%
Southern Power –
Operating Revenues	$	679	$	523	29.8	%	$	1,610	$	1,337	20.4	%
Earnings Before Income Taxes	92		116		(20.7)	%	181		242		(25.2)	%
Net Income Available to Common	78		74		5.4	%	211		212		(0.5)	%
Southern Company Gas –
Operating Revenues	$	623	$	477	30.6	%	$	2,994	$	2,362	26.8	%
Earnings Before Income Taxes	189		17		N/M		613		458		33.8	%
Net Income Available to Common	56		14		N/M		389		360		8.1	%

N/M - Not Meaningful

Notes

- See Financial Highlights pages for discussion of certain significant items occurring during the periods