EXHIBIT 99.06 |
Southern Company |
Financial Overview |
(In Millions of Dollars) |
| 3 Months Ended March | |||||
| 2007 |
| 2006 | % Change | ||
Consolidated – |
|
|
|
|
|
|
Operating Revenues | $ | 3,409 |
| $ | 3,063 | 11.3% |
Earnings Before Income Taxes |
| 494 |
|
| 370 | 33.7% |
Net Income | $ | 339 |
| $ | 262 | 29.5% |
|
|
|
|
|
|
|
Alabama Power – |
|
|
|
|
|
|
Operating Revenues | $ | 1,197 |
| $ | 1,073 | 11.6% |
Earnings Before Income Taxes |
| 196 |
|
| 142 | 38.3% |
Net Income Available to Common | $ | 115 |
| $ | 82 | 39.9% |
|
|
|
|
|
|
|
Georgia Power – |
|
|
|
|
|
|
Operating Revenues | $ | 1,657 |
| $ | 1,584 | 4.6% |
Earnings Before Income Taxes |
| 203 |
|
| 214 | -5.0% |
Net Income Available to Common | $ | 131 |
| $ | 132 | -0.5% |
|
|
|
|
|
|
|
Gulf Power – |
|
|
|
|
|
|
Operating Revenues | $ | 296 |
| $ | 263 | 12.6% |
Earnings Before Income Taxes |
| 31 |
|
| 21 | 48.7% |
Net Income Available to Common | $ | 19 |
| $ | 12 | 52.1% |
|
|
|
|
|
|
|
Mississippi Power – |
|
|
|
|
|
|
Operating Revenues | $ | 257 |
| $ | 209 | 22.9% |
Earnings Before Income Taxes |
| 32 |
|
| 25 | 29.9% |
Net Income Available to Common | $ | 20 |
| $ | 15 | 28.5% |
|
|
|
|
|
|
|
Southern Power – |
|
|
|
|
|
|
Operating Revenues | $ | 192 |
| $ | 140 | 37.7% |
Earnings Before Income Taxes |
| 54 |
|
| 32 | 64.8% |
Net Income Available to Common | $ | 32 |
| $ | 20 | 61.0% |
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 and certain classifications may be different from final results published in the Form 10-Q. |