EXHIBIT 99.04
Southern Company
Analysis of Consolidated Earnings
(In Millions of Dollars)
|
| 3 Months Ended June |
| Year-to-Date June | ||||||||||||
|
|
|
|
| ||||||||||||
|
| 2007 |
|
| 2006 |
|
| Change |
| 2007 |
|
| 2006 |
|
| Change |
Income Account- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail Revenue | $ | 3,105 |
| $ | 2,971 |
| $ | 134 | $ | 5,849 |
| $ | 5,442 |
| $ | 407 |
Wholesale Revenue |
| 487 |
|
| 440 |
|
| 47 |
| 968 |
|
| 855 |
|
| 113 |
Other Electric Revenues |
| 130 |
|
| 116 |
|
| 14 |
| 251 |
|
| 227 |
|
| 24 |
Non-regulated Operating Revenues |
| 50 |
|
| 65 |
|
| (15) |
| 113 |
|
| 131 |
|
| (18) |
Total Revenues |
| 3,772 |
|
| 3,592 |
|
| 180 |
| 7,181 |
|
| 6,655 |
|
| 526 |
Fuel and Purchased Power |
| 1,558 |
|
| 1,447 |
|
| 111 |
| 2,938 |
|
| 2,600 |
|
| 338 |
Non-fuel O & M |
| 875 |
|
| 861 |
|
| 14 |
| 1,723 |
|
| 1,707 |
|
| 16 |
Depreciation and Amortization |
| 310 |
|
| 298 |
|
| 12 |
| 617 |
|
| 597 |
|
| 20 |
Taxes Other Than Income Taxes |
| 185 |
|
| 179 |
|
| 6 |
| 368 |
|
| 354 |
|
| 14 |
Total Operating Expenses |
| 2,928 |
|
| 2,785 |
|
| 143 |
| 5,646 |
|
| 5,258 |
|
| 388 |
Operating Income |
| 844 |
|
| 807 |
|
| 37 |
| 1,535 |
|
| 1,397 |
|
| 138 |
Other Income, net |
| 24 |
|
| 18 |
|
| 6 |
| 55 |
|
| 14 |
|
| 41 |
Interest Charges and Dividends |
| 233 |
|
| 219 |
|
| 14 |
| 461 |
|
| 435 |
|
| 26 |
Income Taxes |
| 206 |
|
| 221 |
|
| (15) |
| 361 |
|
| 329 |
|
| 32 |
NET INCOME (See Notes) | $ | 429 |
| $ | 385 |
| $ | 44 | $ | 768 |
| $ | 647 |
| $ | 121 |
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.
