| Exhibit 99.02 | |||||
| Southern Company | |||||
| Financial Highlights | |||||
| (In Millions of Dollars Except Earnings Per Share) | |||||
| Three Months Ended March | |||||
| 2011 | 2010 | ||||
| Consolidated Earnings–As Reported | |||||
| (See Notes) | |||||
| Traditional Operating Companies | $ | 384 | $ | 481 | |
| Southern Power | 38 | 15 | |||
| Total | 422 | 496 | |||
| Parent Company and Other | 0 | (1) | |||
| Net Income–As Reported | $ | 422 | $ | 495 | |
| Basic Earnings Per Share - | $ | 0.50 | $ | 0.60 | |
Average Shares Outstanding (in millions) | 848 | 823 | |||
End of Period Shares Outstanding (in millions) | 850 | 825 | |||
| Notes | |||||
| - For the three months ended March 31, 2011 and 2010, dilution does not change basic earnings per share by more than 1 cent and is not material. | |||||
| - 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. | |||||
Mississippi Power (MSPWP)
Filed: 27 Apr 11, 12:00am