Exhibits 99.05 |
Southern Company |
Consolidated Earnings |
(In Millions of Dollars) |
Three Months Ended March | |||||||||
2012 | 2011 | Change | |||||||
Income Account- | |||||||||
Retail Revenues- | |||||||||
Fuel | $ | 1,035 | $ | 1,302 | $ | (267) | |||
Non-Fuel | 2,057 | 2,094 | (37) | ||||||
Wholesale Revenues | 349 | 449 | (100) | ||||||
Other Electric Revenues | 148 | 150 | (2) | ||||||
Non-regulated Operating Revenues | 15 | 17 | (2) | ||||||
Total Revenues | 3,604 | 4,012 | (408) | ||||||
Fuel and Purchased Power | 1,205 | 1,576 | (371) | ||||||
Non-fuel O & M | 967 | 944 | 23 | ||||||
Depreciation and Amortization | 441 | 418 | 23 | ||||||
Taxes Other Than Income Taxes | 225 | 220 | 5 | ||||||
Total Operating Expenses | 2,838 | 3,158 | (320) | ||||||
Operating Income | 766 | 854 | (88) | ||||||
Allowance for Equity Funds Used During Construction | 31 | 35 | (4) | ||||||
Interest Expense, Net of Amounts Capitalized | 211 | 222 | (11) | ||||||
Other Income (Expense), net | (2) | 2 | (4) | ||||||
Income Taxes | 200 | 231 | (31) | ||||||
Net Income | 384 | 438 | (54) | ||||||
Dividends on Preferred and Preference Stock of Subsidiaries | 16 | 16 | 0 | ||||||
NET INCOME AFTER DIVIDENDS ON PREFERRED | |||||||||
AND PREFERENCE STOCK (See Notes) | $ | 368 | $ | 422 | $ | (54) |
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-Q. |