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