Exhibit 99.05 |
Southern Company |
Consolidated Earnings |
(In Millions of Dollars) |
|
| Three Months Ended March | ||||||
|
| 2009 |
|
| 2008 |
|
| Change |
Income Account- |
|
|
|
|
|
|
|
|
Retail Revenue- |
|
|
|
|
|
|
|
|
Fuel | $ | 1,252 |
| $ | 1,203 |
| $ | 49 |
Non-Fuel |
| 1,813 |
|
| 1,803 |
|
| 10 |
Wholesale Revenues |
| 451 |
|
| 514 |
|
| (63) |
Other Electric Revenues |
| 123 |
|
| 130 |
|
| (7) |
Non-regulated Operating Revenues |
| 27 |
|
| 33 |
|
| (6) |
Total Revenues |
| 3,666 |
|
| 3,683 |
|
| (17) |
Fuel and Purchased Power |
| 1,514 |
|
| 1,545 |
|
| (31) |
Non-fuel O & M |
| 870 |
|
| 897 |
|
| (27) |
MCAR Litigation Settlement |
| 202 |
|
| - |
|
| 202 |
Depreciation and Amortization |
| 390 |
|
| 344 |
|
| 46 |
Taxes Other Than Income Taxes |
| 200 |
|
| 189 |
|
| 11 |
Total Operating Expenses |
| 3,176 |
|
| 2,975 |
|
| 201 |
Operating Income |
| 490 |
|
| 708 |
|
| (218) |
Other Income, net |
| 45 |
|
| 62 |
|
| (17) |
Interest Charges |
| 226 |
|
| 217 |
|
| 9 |
Income Taxes |
| 167 |
|
| 178 |
|
| (11) |
Net Income |
| 142 |
|
| 375 |
|
| (233) |
Dividends on Preferred and Preference Stock of Subsidiaries |
| 16 |
|
| 16 |
|
| - |
NET INCOME AFTER DIVIDENDS ON PREFERRED |
|
|
|
|
|
|
|
|
AND PREFERENCE STOCK (See Notes) | $ | 126 |
| $ | 359 |
| $ | (233) |
|
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. |