Exhibit 99.04
Southern Company
EPS Earnings Analysis
Three Months Ended June 2010
| Cents | Description | ||
| 0.04 | Retail Sales | ||
| 0.02 | Retail Revenue Impacts | ||
| 0.04 | Weather | ||
| 0.01 | Non-Fuel Revenues | ||
| (0.07) | Non-Fuel O&M | ||
| 0.01 | Depreciation & Amortization | ||
| 0.01 | Interest Expense | ||
| 0.01 | Taxes | ||
| $0.07 | Total Traditional Operating Companies | ||
| 0.00 | Southern Power | ||
| (0.03) | Parent and Other | ||
| (0.03) | Increase in Shares | ||
| $0.01 | Total Change in QTD EPS |
| Notes | |||
| - | 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. | ||