Exhibit 99.07
Southern Company
Financial Overview
(In Millions of Dollars)
(In Millions of Dollars)
| Three Months Ended September | Year-to-Date September | ||||||||||||||
| 2010 | 2009 | % Change | 2010 | 2009 | % Change | ||||||||||
| Consolidated – | |||||||||||||||
| Operating Revenues | $ | 5,320 | $ | 4,682 | 13.6% | $ | 13,685 | $ | 12,233 | 11.9% | |||||
| Earnings Before Income Taxes | 1,275 | 1,242 | 2.7% | 2,796 | 2,272 | 23.1% | |||||||||
| Net Income Available to Common | 817 | 790 | 3.5% | 1,822 | 1,394 | 30.7% | |||||||||
| Alabama Power – | |||||||||||||||
| Operating Revenues | $ | 1,706 | $ | 1,592 | 7.1% | $ | 4,663 | $ | 4,298 | 8.5% | |||||
| Earnings Before Income Taxes | 427 | 426 | 0.4% | 1,081 | 958 | 12.8% | |||||||||
| Net Income Available to Common | 260 | 262 | -0.8% | 652 | 584 | 11.6% | |||||||||
| Georgia Power – | |||||||||||||||
| Operating Revenues | $ | 2,628 | $ | 2,327 | 12.9% | $ | 6,612 | $ | 5,967 | 10.8% | |||||
| Earnings Before Income Taxes | 648 | 608 | 6.6% | 1,342 | 1,091 | 23.0% | |||||||||
| Net Income Available to Common | 420 | 388 | 8.3% | 896 | 700 | 28.1% | |||||||||
| Gulf Power – | |||||||||||||||
| Operating Revenues | $ | 483 | $ | 378 | 28.0% | $ | 1,243 | $ | 1,003 | 24.0% | |||||
| Earnings Before Income Taxes | 70 | 65 | 8.2% | 165 | 140 | 18.1% | |||||||||
| Net Income Available to Common | 43 | 41 | 4.1% | 101 | 90 | 11.7% | |||||||||
| Mississippi Power – | |||||||||||||||
| Operating Revenues | $ | 327 | $ | 331 | -1.1% | $ | 888 | $ | 886 | 0.2% | |||||
| Earnings Before Income Taxes | 53 | 58 | -8.2% | 103 | 122 | -15.8% | |||||||||
| Net Income Available to Common | 34 | 35 | -3.7% | 64 | 75 | -14.4% | |||||||||
| Southern Power – | |||||||||||||||
| Operating Revenues | $ | 357 | $ | 283 | 25.9% | $ | 862 | $ | 745 | 15.6% | |||||
| Earnings Before Income Taxes | 93 | 108 | -14.2% | 157 | 205 | -23.6% | |||||||||
| Net Income Available to Common | 62 | 67 | -8.3% | 106 | 126 | -15.9% | |||||||||
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.