Exhibit 99.06
Southern Company
Financial Overview
(In Millions of Dollars)
| 3 Months Ended December |
| Year-to-Date December | |||||||||||
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| 2007 |
| 2006 |
| % Change |
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| 2007 |
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| 2006 |
| % Change |
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Consolidated – |
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Operating Revenues | $ | 3,340 | $ | 3,152 |
| 6.0% |
| $ | 15,353 |
| $ | 14,356 |
| 6.9% |
Earnings Before Income Taxes |
| 233 |
| 234 |
| -0.6% |
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| 2,569 |
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| 2,353 |
| 9.2% |
Net Income |
| 204 |
| 188 |
| 8.3% |
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| 1,734 |
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| 1,573 |
| 10.2% |
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Alabama Power – |
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Operating Revenues | $ | 1,192 | $ | 1,120 |
| 6.4% |
| $ | 5,360 |
| $ | 5,015 |
| 6.9% |
Earnings Before Income Taxes |
| 114 |
| 136 |
| -16.2% |
|
| 967 |
|
| 873 |
| 10.8% |
Net Income Available to Common | 71 |
| 80 |
| -10.2% |
|
| 580 |
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| 518 |
| 11.9% | |
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Georgia Power – |
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Operating Revenues | $ | 1,627 | $ | 1,579 |
| 3.0% |
| $ | 7,572 |
| $ | 7,246 |
| 4.5% |
Earnings Before Income Taxes |
| 137 |
| 105 |
| 30.9% |
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| 1,260 |
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| 1,234 |
| 2.0% |
Net Income Available to Common | 117 |
| 76 |
| 54.4% |
|
| 836 |
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| 787 |
| 6.2% | |
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Gulf Power – |
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Operating Revenues | $ | 289 | $ | 275 |
| 4.9% |
| $ | 1,260 |
| $ | 1,204 |
| 4.6% |
Earnings Before Income Taxes |
| 14 |
| 10 |
| 37.7% |
|
| 135 |
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| 125 |
| 8.4% |
Net Income Available to Common | 10 |
| 7 |
| 40.8% |
|
| 84 |
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| 76 |
| 10.7% | |
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Mississippi Power – |
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Operating Revenues | $ | 251 | $ | 235 |
| 6.8% |
| $ | 1,114 |
| $ | 1,009 |
| 10.4% |
Earnings Before Income Taxes |
| 7 |
| 11 |
| -34.4% |
|
| 138 |
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| 132 |
| 4.4% |
Net Income Available to Common | 4 |
| 7 |
| -50.0% |
|
| 84 |
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| 82 |
| 2.5% | |
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Southern Power – |
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Operating Revenues | $ | 188 | $ | 174 |
| 8.2% |
| $ | 972 |
| $ | 777 |
| 25.1% |
Earnings Before Income Taxes |
| 11 |
| 44 |
| -75.9% |
|
| 215 |
|
| 206 |
| 4.3% |
Net Income Available to Common | 8 |
| 27 |
| -69.1% |
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| 132 |
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| 124 |
| 5.8% |
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 may be different from final results published in the Form 10-K.