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

  Ex. 99.05

 Southern Company

 Consolidated Earnings

 (In Millions of Dollars)

	Three Months Ended September							Year-to-Date September
		2011		2010		Change		2011		2010		Change
Income Account-
Retail Revenues-
Fuel	$	1,748	$	1,765	$	(17)	$	4,542	$	4,646	$	(104)
Non-Fuel		2,945		2,808		137		7,389		6,957		432
Wholesale Revenues		557		566		(9)		1,513		1,581		(68)
Other Electric Revenues		161		160		1		464		438		26
Non-regulated Operating Revenues		17		21		(4)		53		63		(10)
Total Revenues		5,428		5,320		108		13,961		13,685		276
Fuel and Purchased Power		2,123		2,179		(56)		5,517		5,708		(191)
Non-fuel O & M		983		1,019		(36)		2,837		2,846		(9)
Depreciation and Amortization		431		427		4		1,279		1,137		142
Taxes Other Than Income Taxes		239		236		3		686		662		24
Total Operating Expenses		3,776		3,861		(85)		10,319		10,353		(34)
Operating Income		1,652		1,459		193		3,642		3,332		310
Other Income, net		41		42		(1)		110		130		(20)
Interest Charges		217		225		(8)		638		666		(28)
Income Taxes		543		442		101		1,123		925		198
Net Income		933		834		99		1,991		1,871		120
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)	$	916	$	817	$	99	$	1,942	$	1,822	$	120

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 and rounding may be different from final results published in the Form 10-Q.