The Southern Company (SO) 8-K Results of Operations and Financial Condition

Exhibit 99.07

Southern Company

Financial Overview
(In Millions of Dollars)

	Three Months Ended June					Year-to-Date June
		2010		2009	% Change		2010		2009	% Change
Consolidated –
Operating Revenues	$	4,207	$	3,885	8.3%	$	8,365	$	7,551	10.8%
Earnings Before Income Taxes		774		720	7.4%		1,520		1,029	47.7%
Net Income Available to Common		510		478	6.6%		1,005		604	66.2%
Alabama Power –
Operating Revenues	$	1,462	$	1,366	7.0%	$	2,957	$	2,706	9.3%
Earnings Before Income Taxes		319		292	9.3%		653		533	22.7%
Net Income Available to Common		190		177	7.7%		393		323	21.7%
Georgia Power –
Operating Revenues	$	2,000	$	1,874	6.7%	$	3,984	$	3,640	9.4%
Earnings Before Income Taxes		358		294	22.0%		694		483	43.7%
Net Income Available to Common		238		190	25.5%		476		312	52.6%
Gulf Power –
Operating Revenues	$	403	$	341	18.2%	$	760	$	625	21.5%
Earnings Before Income Taxes		53		49	7.2%		95		75	26.6%
Net Income Available to Common		32		32	0.1%		58		49	18.0%
Mississippi Power –
Operating Revenues	$	277	$	286	-3.4%	$	560	$	555	0.9%
Earnings Before Income Taxes		25		36	-31.1%		50		65	-22.6%
Net Income Available to Common		15		22	-30.6%		30		40	-23.6%
Southern Power –
Operating Revenues	$	248	$	230	7.8%	$	505	$	462	9.3%
Earnings Before Income Taxes		39		52	-23.6%		64		97	-34.2%
Net Income Available to Common		30		31	-4.3%		45		59	-24.5%

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.