Gulf Power (GLFPN) 8-K Results of Operations and Financial Condition

Exhibit 99.07
Southern Company
Financial Overview
(In Millions of Dollars)
	Three Months Ended March
	2013			2012		% Change
Consolidated –
Operating Revenues	$	3,897		$	3,604	8.1	%
Earnings Before Income Taxes	128			584		(78.1	)%
Net Income Available to Common	81			368		(78.0	)%
Alabama Power –
Operating Revenues	$	1,308		$	1,216	7.6	%
Earnings Before Income Taxes	248			220		12.7	%
Net Income Available to Common	141			126		11.9	%
Georgia Power –
Operating Revenues	$	1,882		$	1,745	7.9	%
Earnings Before Income Taxes	325			263		23.6	%
Net Income Available to Common	197			167		18.0	%
Gulf Power –
Operating Revenues	$	326		$	316	3.2	%
Earnings Before Income Taxes	37			34		10.2	%
Net Income Available to Common	22			21		5.4	%
Mississippi Power –
Operating Revenues	$	246		$	229	7.5	%
Earnings Before Income Taxes	(493		)	34		N/M
Net Income Available to Common	(294		)	25		N/M
Southern Power –
Operating Revenues	$	303		$	254	19.4	%
Earnings Before Income Taxes	44			43		3.0	%
Net Income Available to Common	29			29		(0.4	)%
N/M - not meaningful
Notes
- Certain prior year data has been reclassified to conform with current year presentation.
- All figures in this earnings release are preliminary and remain subject to the completion of normal quarter-end accounting procedures and adjustments, which could result in changes to these preliminary results. In addition, certain classifications and rounding may be different from final results published in the Form 10-Q.