| Exhibit 99.04 | |||||
| Southern Company | |||||
| EPS Earnings Analysis | |||||
| Year-to-Date December 2011 |
| Cents | Description | ||||
| 2¢ | Retail Sales | ||||
| 60 | Retail Revenue Impacts | ||||
| (21) | Weather | ||||
| (5) | Wholesale Revenues | ||||
| 2 | Other Operating Revenues | ||||
| 6 | Non-Fuel O&M | ||||
| (15) | Depreciation and Amortization | ||||
| (5) | Other Income & Deductions | ||||
| 2 | Interest Expense | ||||
| (2) | Taxes Other Than Income Taxes | ||||
| (1) | Income Taxes | ||||
| 23¢ | Total Traditional Operating Companies | ||||
| 4 | Southern Power | ||||
| 1 | Parent and Other | ||||
| (8) | Increase in Shares | ||||
| 20¢ | Total Change in YTD EPS | ||||
| Notes | |||||
| - | 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-K. | ||||
