Mississippi Power (MSPWP) 8-K Results of Operations and Financial Condition

Exhibit 99.05

Southern Company

Consolidated Earnings

 (In Millions of Dollars)

		Three Months Ended June						Year-to-Date June
		2010		2009		Change		2010		2009		Change
Income Account-
Retail Revenues-
Fuel	$	1,454	$	1,306	$	148	$	2,882	$	2,558	$	324
Non-Fuel		2,117		1,987		130		4,148		3,800		348
Wholesale Revenues		473		438		35		1,015		889		126
Other Electric Revenues		142		128		14		278		251		27
Non-regulated Operating Revenues		21		26		(5)		42		53		(11)
Total Revenues		4,207		3,885		322		8,365		7,551		814
Fuel and Purchased Power		1,757		1,582		175		3,529		3,096		433
Non-fuel O & M		918		832		86		1,827		1,702		125
MCAR Litigation Settlement		0		0		0		0		202		(202)
Depreciation and Amortization		367		377		(10)		710		767		(57)
Taxes Other Than Income Taxes		214		208		6		426		408		18
Total Operating Expenses		3,256		2,999		257		6,492		6,175		317
Operating Income		951		886		65		1,873		1,376		497
Other Income, net		42		67		(25)		88		112		(24)
Interest Charges		219		233		(14)		441		459		(18)
Income Taxes		248		226		22		483		393		90
Net Income		526		494		32		1,037		636		401
Dividends on Preferred and Preference Stock of Subsidiaries		16		16		0		32		32		0
NET INCOME AFTER DIVIDENDS ON PREFERRED AND       PREFERENCE STOCK (See Notes)	$	510	$	478	$	32	$	1,005	$	604	$	401

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.