Exhibit 99.04
Southern Company
Analysis of Consolidated Earnings
(In Millions of Dollars)
| 3 Months Ended December |
| Year-to-Date December | ||||||||||
|
| 2007 |
| 2006 |
| Change |
|
| 2007 |
| 2006 |
| Change |
Income Account- |
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail Revenue- |
|
|
|
|
|
|
|
|
|
|
|
|
|
Fuel | $ | 1,102 | $ | 947 | $ | 155 |
| $ | 5,034 | $ | 4,475 | $ | 559 |
Non-Fuel |
| 1,602 |
| 1,558 |
| 44 |
|
| 7,605 |
| 7,326 |
| 279 |
Wholesale Revenue |
| 457 |
| 461 |
| (4) |
|
| 1,988 |
| 1,822 |
| 166 |
Other Electric Revenues |
| 132 |
| 119 |
| 13 |
|
| 514 |
| 465 |
| 49 |
Non-regulated Operating Revenues |
| 47 |
| 67 |
| (20) |
|
| 212 |
| 268 |
| (56) |
Total Revenues |
| 3,340 |
| 3,152 |
| 188 |
|
| 15,353 |
| 14,356 |
| 997 |
Fuel and Purchased Power |
| 1,412 |
| 1,231 |
| 181 |
|
| 6,371 |
| 5,695 |
| 676 |
Non-fuel O & M |
| 1,036 |
| 971 |
| 65 |
|
| 3,670 |
| 3,519 |
| 151 |
Depreciation and Amortization |
| 316 |
| 304 |
| 12 |
|
| 1,245 |
| 1,200 |
| 45 |
Taxes Other Than Income Taxes |
| 167 |
| 177 |
| (10) |
|
| 741 |
| 718 |
| 23 |
Total Operating Expenses |
| 2,931 |
| 2,683 |
| 248 |
|
| 12,027 |
| 11,132 |
| 895 |
Operating Income |
| 409 |
| 469 |
| (60) |
|
| 3,326 |
| 3,224 |
| 102 |
Other Income, net |
| 54 |
| 5 |
| 49 |
|
| 177 |
| 29 |
| 148 |
Interest Charges and Dividends |
| 230 |
| 240 |
| (10) |
|
| 934 |
| 900 |
| 34 |
Income Taxes |
| 29 |
| 46 |
| (17) |
|
| 835 |
| 780 |
| 55 |
NET INCOME (See Notes) | $ | 204 | $ | 188 | $ | 16 |
| $ | 1,734 | $ | 1,573 | $ | 161 |
Notes
- 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 may be different from final results published in the Form 10-K.
