Exhibit 99.07 | ||||||||||||||||
Southern Company | ||||||||||||||||
Financial Overview | ||||||||||||||||
(In Millions of Dollars) |
Three Months Ended September | Year-to-Date September | |||||||||||||||
2011 | 2010 | % Change | 2011 | 2010 | % Change | |||||||||||
Consolidated – | ||||||||||||||||
Operating Revenues | $5,428 | $5,320 | 2.0% | $13,961 | $13,685 | 2.0% | ||||||||||
Earnings Before Income Taxes | 1,476 | 1,276 | 15.7% | 3,114 | 2,796 | 11.4% | ||||||||||
Net Income Available to Common | 916 | 817 | 12.1% | 1,942 | 1,822 | 6.6% | ||||||||||
Alabama Power – | ||||||||||||||||
Operating Revenues | $1,671 | $1,706 | -2.1% | $4,431 | $4,663 | -5.0% | ||||||||||
Earnings Before Income Taxes | 454 | 427 | 6.3% | 1,043 | 1,081 | -3.5% | ||||||||||
Net Income Available to Common | 264 | 259 | 1.9% | 606 | 652 | -7.1% | ||||||||||
Georgia Power – | ||||||||||||||||
Operating Revenues | $2,788 | $2,628 | 6.1% | $7,042 | $6,612 | 6.5% | ||||||||||
Earnings Before Income Taxes | 827 | 648 | 27.6% | 1,631 | 1,342 | 21.5% | ||||||||||
Net Income Available to Common | 520 | 420 | 23.8% | 1,035 | 896 | 15.5% | ||||||||||
Gulf Power – | ||||||||||||||||
Operating Revenues | $468 | $483 | -3.2% | $1,192 | $1,243 | -4.1% | ||||||||||
Earnings Before Income Taxes | 68 | 70 | -2.6% | 143 | 165 | -13.3% | ||||||||||
Net Income Available to Common | 41 | 43 | -3.9% | 86 | 101 | -14.2% | ||||||||||
Mississippi Power – | ||||||||||||||||
Operating Revenues | $326 | $327 | -0.4% | $875 | $888 | -1.4% | ||||||||||
Earnings Before Income Taxes | 57 | 53 | 8.0% | 118 | 103 | 14.1% | ||||||||||
Net Income Available to Common | 38 | 34 | 13.2% | 78 | 64 | 21.6% | ||||||||||
Southern Power – | ||||||||||||||||
Operating Revenues | $363 | $357 | 1.6% | $950 | $862 | 10.2% | ||||||||||
Earnings Before Income Taxes | 89 | 93 | -4.3% | 216 | 156 | 38.6% | ||||||||||
Net Income Available to Common | 56 | 63 | -10.4% | 138 | 109 | 27.1% |
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. |