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

									Exhibit 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
	Three Months Ended December								Year-to-Date December
	2015			2014			% Change		2015			2014			% Change
Consolidated –
Operating Revenues	$	3,606		$	4,017		(10.2	)%	$	17,527		$	18,467		(5.1	)%
Earnings Before Income Taxes	401			388			3.4	%	3,629			3,008			20.6	%
Net Income Available to Common	271			283			(4.2	)%	2,367			1,963			20.6	%
Alabama Power –
Operating Revenues	$	1,217		$	1,328		(8.4	)%	$	5,768		$	5,942		(2.9	)%
Earnings Before Income Taxes	204			211			(3.3	)%	1,317			1,312			0.4	%
Net Income Available to Common	120			119			0.8	%	785			761			3.2	%
Georgia Power –
Operating Revenues	$	1,679		$	1,902		(11.7	)%	$	8,364		$	8,988		(6.9	)%
Earnings Before Income Taxes	312			196			59.2	%	2,046			1,971			3.8	%
Net Income Available to Common	196			123			59.3	%	1,260			1,225			2.9	%
Gulf Power –
Operating Revenues	$	313		$	361		(13.3	)%	$	1,483		$	1,590		(6.7	)%
Earnings Before Income Taxes	47			39			20.5	%	249			237			5.1	%
Net Income Available to Common	28			23			21.7	%	148			140			5.7	%
Mississippi Power –
Operating Revenues	$	245		$	246		(0.4	)%	$	1,138		$	1,243		(8.4	)%
Earnings (Loss) Before Income Taxes	(130		)	(56		)	N/M		(78		)	(612		)	N/M
Net Income (Loss) Available to Common	(70		)	(24		)	N/M		(8		)	(329		)	N/M
Southern Power –
Operating Revenues	$	304		$	386		(21.2	)%	$	1,390		$	1,501		(7.4	)%
Earnings Before Income Taxes	41			18			127.8	%	250			172			45.3	%
Net Income Available to Common	34			44			(22.7	)%	215			172			25.0	%
N/M - not meaningful
Note
- 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-K.