Exhibit 99.05 |
Southern Company |
Consolidated Earnings |
(In Millions of Dollars) |
|
| Three Months Ended September |
|
|
| Year-to-Date September | ||||||||||||
|
| 2009 |
|
| 2008 |
|
| Change |
|
|
| 2009 |
|
| 2008 |
|
| Change |
Income Account- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail Revenue- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fuel | $ | 1,539 |
| $ | 1,911 |
| $ | (372) |
|
| $ | 4,097 |
| $ | 4,506 |
| $ | (409) |
Non-Fuel |
| 2,458 |
|
| 2,568 |
|
| (110) |
|
|
| 6,258 |
|
| 6,428 |
|
| (170) |
Wholesale Revenues |
| 519 |
|
| 775 |
|
| (256) |
|
|
| 1,408 |
|
| 1,880 |
|
| (472) |
Other Electric Revenues |
| 141 |
|
| 142 |
|
| (1) |
|
|
| 392 |
|
| 414 |
|
| (22) |
Non-regulated Operating Revenues |
| 25 |
|
| 31 |
|
| (6) |
|
|
| 78 |
|
| 97 |
|
| (19) |
Total Revenues |
| 4,682 |
|
| 5,427 |
|
| (745) |
|
|
| 12,233 |
|
| 13,325 |
|
| (1,092) |
Fuel and Purchased Power |
| 1,901 |
|
| 2,531 |
|
| (630) |
|
|
| 4,997 |
|
| 5,895 |
|
| (898) |
Non-fuel O & M |
| 821 |
|
| 908 |
|
| (87) |
|
|
| 2,523 |
|
| 2,720 |
|
| (197) |
MCAR Litigation Settlement |
| 0 |
|
| 0 |
|
| 0 |
|
|
| 202 |
|
| 0 |
|
| 202 |
Depreciation and Amortization |
| 332 |
|
| 367 |
|
| (35) |
|
|
| 1,099 |
|
| 1,070 |
|
| 29 |
Taxes Other Than Income Taxes |
| 213 |
|
| 216 |
|
| (3) |
|
|
| 621 |
|
| 603 |
|
| 18 |
Total Operating Expenses |
| 3,267 |
|
| 4,022 |
|
| (755) |
|
|
| 9,442 |
|
| 10,288 |
|
| (846) |
Operating Income |
| 1,415 |
|
| 1,405 |
|
| 10 |
|
|
| 2,791 |
|
| 3,037 |
|
| (246) |
Other Income, net |
| 54 |
|
| 46 |
|
| 8 |
|
|
| 166 |
|
| 71 |
|
| 95 |
Interest Charges |
| 226 |
|
| 219 |
|
| 7 |
|
|
| 685 |
|
| 665 |
|
| 20 |
Income Taxes |
| 436 |
|
| 435 |
|
| 1 |
|
|
| 829 |
|
| 838 |
|
| (9) |
Net Income |
| 807 |
|
| 797 |
|
| 10 |
|
|
| 1,443 |
|
| 1,605 |
|
| (162) |
Dividends on Preferred and Preference Stock of Subsidiaries |
| 17 |
|
| 17 |
|
| 0 |
|
|
| 49 |
|
| 49 |
|
| 0 |
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK |
|
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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-Q. |