Exhibit 99.05
Southern Company
Consolidated Earnings
(In Millions of Dollars)
| Three Months Ended March | ||||||||
| 2010 | 2009 | Change | ||||||
| Income Account- | ||||||||
| Retail Revenues- | ||||||||
| Fuel | $ | 1,428 | $ | 1,252 | $ | 176 | ||
| Non-Fuel | 2,031 | 1,813 | 218 | |||||
| Wholesale Revenues | 542 | 451 | 91 | |||||
| Other Electric Revenues | 135 | 123 | 12 | |||||
| Non-regulated Operating Revenues | 21 | 27 | (6) | |||||
| Total Revenues | 4,157 | 3,666 | 491 | |||||
| Fuel and Purchased Power | 1,772 | 1,514 | 258 | |||||
| Non-fuel O & M | 908 | 870 | 38 | |||||
| MCAR Litigation Settlement | 0 | 202 | (202) | |||||
| Depreciation and Amortization | 343 | 390 | (47) | |||||
| Taxes Other Than Income Taxes | 212 | 200 | 12 | |||||
| Total Operating Expenses | 3,235 | 3,176 | 59 | |||||
| Operating Income | 922 | 490 | 432 | |||||
| Other Income, net | 47 | 45 | 2 | |||||
| Interest Charges | 222 | 226 | (4) | |||||
| Income Taxes | 236 | 167 | 69 | |||||
| Net Income | 511 | 142 | 369 | |||||
| Dividends on Preferred and Preference Stock of Subsidiaries | 16 | 16 | - | |||||
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK (See Notes) | $ | 495 | $ | 126 | $ | 369 | ||
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.