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

Exhibit 99.05
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
	Three Months Ended June								Year-to-Date June
	2014			2013		Change			2014			2013			Change
Income Account-
Retail Revenues-
Fuel	$	1,296		$	1,257	$	39		$	2,772		$	2,395		$	377
Non-Fuel	2,474			2,363		111			4,856			4,523			333
Wholesale Revenues	515			454		61			1,119			886			233
Other Electric Revenues	169			156		13			334			311			23
Non-regulated Operating Revenues	13			16		(3		)	30			28			2
Total Revenues	4,467			4,246		221			9,111			8,143			968
Fuel and Purchased Power	1,595			1,501		94			3,429			2,858			571
Non-Fuel O & M	1,019			947		72			2,005			1,921			84
Depreciation and Amortization	504			476		28			1,001			942			59
Taxes Other Than Income Taxes	246			232		14			493			467			26
Estimated Loss on Kemper IGCC	—			450		(450		)	380			990			(610		)
Total Operating Expenses	3,364			3,606		(242		)	7,308			7,178			130
Operating Income	1,103			640		463			1,803			965			838
Allowance for Equity Funds Used During Construction	62			45		17			119			86			33
Interest Expense, Net of Amounts Capitalized	210			215		(5		)	416			426			(10		)
Other Income (Expense), net	(6		)	1		(7		)	(13		)	(26		)	13
Income Taxes	321			158		163			497			189			308
Net Income	628			313		315			996			410			586
Dividends on Preferred and Preference Stock of Subsidiaries	17			16		1			34			32			2
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK	$	611		$	297	$	314		$	962		$	378		$	584
Notes
- Certain prior year data has been reclassified to conform with current year presentation.
- All figures in this earnings release are preliminary and remain subject to the completion of normal quarter-end accounting procedures and adjustments, which could result in changes to these preliminary results. In addition, certain classifications and rounding may be different from final results published in the Form 10-Q.