EXHIBIT 99.03 |
Southern Company |
Significant Factors Impacting EPS |
| 3 Months Ended March |
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| 2007 |
| 2006 |
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| Change | ||
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Consolidated Earnings–As Reported | $ | 0.45 |
| $ | 0.35 |
| $ | 0.10 |
(See Notes) |
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Significant Factors: |
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Traditional Operating Companies |
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| 0.05 |
Southern Power |
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| 0.02 |
Synthetic Fuels |
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| 0.03 |
Leasing |
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| (0.01) |
Parent Company and Other |
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| 0.01 |
Total–As Reported |
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| $ | 0.10 |
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| 3 Months Ended March |
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| 2007 |
| 2006 |
|
| Change | ||
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Consolidated Earnings–Excluding Synfuels | $ | 0.41 |
| $ | 0.34 |
| $ | 0.07 |
(See Notes) |
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Total–As Reported |
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| 0.10 |
Less: Synthetic Fuels |
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| (0.03) |
Total–Excluding Synthetic Fuels |
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| $ | 0.07 |
Notes
- Tax credits associated with Southern Company's synthetic fuel investments expire December 31, 2007 and will not contribute to Southern Company's earnings and earnings per share after 2007. |
- 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. |
