EXHIBIT 99.06
Southern Company
Financial Overview
(In Millions of Dollars)
| 3 Months Ended June |
| Year-to-Date June | ||||||||||||
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| 2007 |
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| 2006 |
| % Change |
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| 2007 |
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| 2006 |
| % Change |
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Consolidated – |
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Operating Revenues | $ | 3,772 |
| $ | 3,592 |
| 5.0% |
| $ | 7,181 |
| $ | 6,655 |
| 7.9% |
Earnings Before Income Taxes |
| 635 |
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| 606 |
| 4.7% |
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| 1,129 |
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| 976 |
| 15.7% |
Net Income |
| 429 |
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| 385 |
| 11.4% |
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| 768 |
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| 647 |
| 18.7% |
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Alabama Power – |
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Operating Revenues | $ | 1,336 |
| $ | 1,249 |
| 6.9% |
| $ | 2,533 |
| $ | 2,322 |
| 9.1% |
Earnings Before Income Taxes |
| 250 |
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| 202 |
| 23.6% |
|
| 445 |
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| 343 |
| 29.7% |
Net Income Available to Common |
| 147 |
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| 118 |
| 24.6% |
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| 262 |
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| 200 |
| 30.9% |
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Georgia Power – |
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Operating Revenues | $ | 1,844 |
| $ | 1,808 |
| 2.0% |
| $ | 3,501 |
| $ | 3,392 |
| 3.2% |
Earnings Before Income Taxes |
| 289 |
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| 318 |
| -9.0% |
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| 492 |
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| 531 |
| -7.4% |
Net Income Available to Common |
| 188 |
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| 197 |
| -4.6% |
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| 320 |
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| 329 |
| -2.9% |
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Gulf Power – |
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Operating Revenues | $ | 298 |
| $ | 293 |
| 1.9% |
| $ | 595 |
| $ | 556 |
| 7.0% |
Earnings Before Income Taxes |
| 35 |
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| 37 |
| -4.0% |
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| 66 |
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| 57 |
| 15.2% |
Net Income Available to Common |
| 21 |
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| 22 |
| -3.5% |
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| 40 |
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| 34 |
| 16.5% |
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Mississippi Power – |
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Operating Revenues | $ | 273 |
| $ | 255 |
| 7.2% |
| $ | 530 |
| $ | 464 |
| 14.3% |
Earnings Before Income Taxes |
| 43 |
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| 37 |
| 15.5% |
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| 75 |
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| 62 |
| 21.3% |
Net Income Available to Common |
| 26 |
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| 23 |
| 15.4% |
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| 46 |
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| 38 |
| 20.7% |
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Southern Power – |
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Operating Revenues | $ | 244 |
| $ | 194 |
| 26.0% |
| $ | 437 |
| $ | 333 |
| 30.9% |
Earnings Before Income Taxes |
| 66 |
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| 53 |
| 24.6% |
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| 119 |
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| 85 |
| 39.9% |
Net Income Available to Common |
| 40 |
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| 32 |
| 25.2% |
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| 72 |
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| 52 |
| 39.0% |
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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 and certain classifications may be different from final results published in the Form 10-Q.