Alabama Power (ALP-PQ) 8-K Results of Operations and Financial Condition

Exhibit 99.07

 Southern Company

Financial Overview
(In Millions of Dollars)

	Three Months Ended September					Year-to-Date September
		2010		2009	% Change		2010		2009	% Change
Consolidated –
Operating Revenues	$	5,320	$	4,682	13.6%	$	13,685	$	12,233	11.9%
Earnings Before Income Taxes		1,275		1,242	2.7%		2,796		2,272	23.1%
Net Income Available to Common		817		790	3.5%		1,822		1,394	30.7%
Alabama Power –
Operating Revenues	$	1,706	$	1,592	7.1%	$	4,663	$	4,298	8.5%
Earnings Before Income Taxes		427		426	0.4%		1,081		958	12.8%
Net Income Available to Common		260		262	-0.8%		652		584	11.6%
Georgia Power –
Operating Revenues	$	2,628	$	2,327	12.9%	$	6,612	$	5,967	10.8%
Earnings Before Income Taxes		648		608	6.6%		1,342		1,091	23.0%
Net Income Available to Common		420		388	8.3%		896		700	28.1%
Gulf Power –
Operating Revenues	$	483	$	378	28.0%	$	1,243	$	1,003	24.0%
Earnings Before Income Taxes		70		65	8.2%		165		140	18.1%
Net Income Available to Common		43		41	4.1%		101		90	11.7%
Mississippi Power –
Operating Revenues	$	327	$	331	-1.1%	$	888	$	886	0.2%
Earnings Before Income Taxes		53		58	-8.2%		103		122	-15.8%
Net Income Available to Common		34		35	-3.7%		64		75	-14.4%
Southern Power –
Operating Revenues	$	357	$	283	25.9%	$	862	$	745	15.6%
Earnings Before Income Taxes		93		108	-14.2%		157		205	-23.6%
Net Income Available to Common		62		67	-8.3%		106		126	-15.9%

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-Q.