Exhibit 99.05
Southern Company
Consolidated Earnings
(In Millions of Dollars)
(In Millions of Dollars)
Three Months Ended September | Year-to-Date September | ||||||||||||||||
2010 | 2009 | Change | 2010 | 2009 | Change | ||||||||||||
Income Account- | |||||||||||||||||
Retail Revenues- | |||||||||||||||||
Fuel | $ | 1,765 | $ | 1,539 | $ | 226 | $ | 4,646 | $ | 4,097 | $ | 549 | |||||
Non-Fuel | 2,808 | 2,458 | 350 | 6,957 | 6,258 | 699 | |||||||||||
Wholesale Revenues | 566 | 519 | 47 | 1,581 | 1,408 | 173 | |||||||||||
Other Electric Revenues | 161 | 141 | 20 | 439 | 392 | 47 | |||||||||||
Non-regulated Operating Revenues | 20 | 25 | (5) | 62 | 78 | (16) | |||||||||||
Total Revenues | 5,320 | 4,682 | 638 | 13,685 | 12,233 | 1,452 | |||||||||||
Fuel and Purchased Power | 2,179 | 1,901 | 278 | 5,708 | 4,997 | 711 | |||||||||||
Non-fuel O & M | 1,020 | 821 | 199 | 2,847 | 2,523 | 324 | |||||||||||
MCAR Litigation Settlement | 0 | 0 | 0 | 0 | 202 | (202) | |||||||||||
Depreciation and Amortization | 427 | 332 | 95 | 1,137 | 1,099 | 38 | |||||||||||
Taxes Other Than Income Taxes | 235 | 213 | 22 | 661 | 621 | 40 | |||||||||||
Total Operating Expenses | 3,861 | 3,267 | 594 | 10,353 | 9,442 | 911 | |||||||||||
Operating Income | 1,459 | 1,415 | 44 | 3,332 | 2,791 | 541 | |||||||||||
Other Income, net | 42 | 54 | (12) | 130 | 166 | (36) | |||||||||||
Interest Charges | 225 | 226 | (1) | 666 | 685 | (19) | |||||||||||
Income Taxes | 442 | 436 | 6 | 925 | 829 | 96 | |||||||||||
Net Income | 834 | 807 | 27 | 1,871 | 1,443 | 428 | |||||||||||
Dividends on Preferred and Preference Stock of Subsidiaries | 17 | 17 | 0 | 49 | 49 | 0 | |||||||||||
NET INCOME AFTER DIVIDENDS ON PREFERRED | |||||||||||||||||
AND PREFERENCE STOCK (See Notes) | $ | 817 | $ | 790 | $ | 27 | $ | 1,822 | $ | 1,394 | $ | 428 |
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.