Exhibit 99.06
Southern Company
Financial Overview
(In Millions of Dollars)
| 3 Months Ended December | | Year-to-Date December |
| | | | | | | | | | | | | | |
| | 2007 | | 2006 | | % Change | | | 2007 | | | 2006 | | % Change |
| | | | | | | | | | | | | | |
Consolidated – | | | | | | | | | | | | | | |
Operating Revenues | $ | 3,340 | $ | 3,152 | | 6.0% | | $ | 15,353 | | $ | 14,356 | | 6.9% |
Earnings Before Income Taxes | | 233 | | 234 | | -0.6% | | | 2,569 | | | 2,353 | | 9.2% |
Net Income | | 204 | | 188 | | 8.3% | | | 1,734 | | | 1,573 | | 10.2% |
| | | | | | | | | | | | | | |
Alabama Power – | | | | | | | | | | | | | | |
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 | | | 518 | | 11.9% |
| | | | | | | | | | | | | | |
Georgia Power – | | | | | | | | | | | | | | |
Operating Revenues | $ | 1,627 | $ | 1,579 | | 3.0% | | $ | 7,572 | | $ | 7,246 | | 4.5% |
Earnings Before Income Taxes | | 137 | | 105 | | 30.9% | | | 1,260 | | | 1,234 | | 2.0% |
Net Income Available to Common | 117 | | 76 | | 54.4% | | | 836 | | | 787 | | 6.2% |
| | | | | | | | | | | | | | |
Gulf Power – | | | | | | | | | | | | | | |
Operating Revenues | $ | 289 | $ | 275 | | 4.9% | | $ | 1,260 | | $ | 1,204 | | 4.6% |
Earnings Before Income Taxes | | 14 | | 10 | | 37.7% | | | 135 | | | 125 | | 8.4% |
Net Income Available to Common | 10 | | 7 | | 40.8% | | | 84 | | | 76 | | 10.7% |
| | | | | | | | | | | | | | |
Mississippi Power – | | | | | | | | | | | | | | |
Operating Revenues | $ | 251 | $ | 235 | | 6.8% | | $ | 1,114 | | $ | 1,009 | | 10.4% |
Earnings Before Income Taxes | | 7 | | 11 | | -34.4% | | | 138 | | | 132 | | 4.4% |
Net Income Available to Common | 4 | | 7 | | -50.0% | | | 84 | | | 82 | | 2.5% |
| | | | | | | | | | | | | | |
Southern Power – | | | | | | | | | | | | | | |
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% | | | 132 | | | 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.