| Exhibit 99.05 | |||||||||||||
| Southern Company | |||||||||||||
| Consolidated Earnings | |||||||||||||
| (In Millions of Dollars) |
| Three Months Ended December | Year-to-Date December | |||||||||||||||||
| 2011 | 2010 | Change | 2011 | 2010 | Change | |||||||||||||
| Income Account- | ||||||||||||||||||
| Retail Revenues- | ||||||||||||||||||
| Fuel | $ | 1,144 | $ | 1,297 | $ | (153) | $ | 5,686 | $ | 5,944 | $ | (258) | ||||||
| Non-Fuel | 1,996 | 1,891 | 105 | 9,385 | 8,847 | 538 | ||||||||||||
| Wholesale Revenues | 392 | 414 | (22) | 1,905 | 1,994 | (89) | ||||||||||||
| Other Electric Revenues | 147 | 151 | (4) | 611 | 589 | 22 | ||||||||||||
| Non-regulated Operating Revenues | 17 | 18 | (1) | 70 | 82 | (12) | ||||||||||||
| Total Revenues | 3,696 | 3,771 | (75) | 17,657 | 17,456 | 201 | ||||||||||||
| Fuel and Purchased Power | 1,353 | 1,554 | (201) | 6,870 | 7,262 | (392) | ||||||||||||
| Non-fuel O & M | 1,101 | 1,164 | (63) | 3,938 | 4,010 | (72) | ||||||||||||
| Depreciation and Amortization | 438 | 376 | 62 | 1,717 | 1,513 | 204 | ||||||||||||
| Taxes Other Than Income Taxes | 215 | 207 | 8 | 901 | 869 | 32 | ||||||||||||
| Total Operating Expenses | 3,107 | 3,301 | (194) | 13,426 | 13,654 | (228) | ||||||||||||
| Operating Income | 589 | 470 | 119 | 4,231 | 3,802 | 429 | ||||||||||||
| Other Income, net | 3 | 29 | (26) | 113 | 159 | (46) | ||||||||||||
| Interest Charges | 219 | 229 | (10) | 857 | 895 | (38) | ||||||||||||
| Income Taxes | 96 | 101 | (5) | 1,219 | 1,026 | 193 | ||||||||||||
| Net Income | 277 | 169 | 108 | 2,268 | 2,040 | 228 | ||||||||||||
| 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) | $ | 261 | $ | 153 | $ | 108 | $ | 2,203 | $ | 1,975 | $ | 228 | ||||||
| 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 and rounding may be different from final results published in the Form 10-K. |