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

  Exhibit 99.05

 Southern Company

 Consolidated Earnings

 (In Millions of Dollars)

Three Months Ended December			Year-to-Date December
2010	2009	Change	2010	2009	Change

Income Account-
Retail Revenues-
Fuel	$	1,297	$	1,188	$	109	$	5,944	$	5,285	$	659
Non-Fuel		1,891		1,764		127		8,847		8,022		825
Wholesale Revenues		413		394		19		1,994		1,802		192
Other Electric Revenues		150		142		8		589		533		56
Non-regulated Operating Revenues		20		23		(3)		82		101		(19)
Total Revenues		3,771		3,511		260		17,456		15,743		1,713
Fuel and Purchased Power		1,554		1,429		125		7,262		6,426		836
Non-fuel O&M		1,163		1,004		159		4,010		3,526		484
MCAR Litigation Settlement		0		0		0		0		202		(202)
Depreciation and Amortization		376		403		(27)		1,513		1,503		10
Taxes Other Than Income Taxes		208		198		10		869		818		51
Total Operating Expenses		3,301		3,034		267		13,654		12,475		1,179
Operating Income		470		477		(7)		3,802		3,268		534
Other Income, net		29		75		(46)		159		241		(82)
Interest Charges		229		220		9		895		905		(10)
Income Taxes		101		68		33		1,026		896		130
Net Income		169		264		(95)		2,040		1,708		332
Dividends on Preferred and Preference Stock of Subsidiaries		16		16		0		65		65		0
NET INCOME AFTER DIVIDENDS ON PREFERRED     AND PREFERENCE STOCK (See Notes)	$	153	$	248	$	(95)	$	1,975	$	1,643	$	332

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.