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

Ex. 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
	Three Months Ended December						Year-To-Date December
	2021		2020		% Change		2021		2020		% Change
Southern Company –
Operating Revenues	$	5,767	$	5,117	12.7	%	$	23,113	$	20,375	13.4	%
Earnings (Loss) Before Income Taxes	(566)		307		N/M		2,576		3,496		(26.3)	%
Net Income (Loss) Available to Common	(215)		387		N/M		2,393		3,119		(23.3)	%
Alabama Power –
Operating Revenues	$	1,394	$	1,385	0.6	%	$	6,413	$	5,830	10.0	%
Earnings Before Income Taxes	59		162		(63.6)	%	1,625		1,502		8.2	%
Net Income Available to Common	49		128		(61.7)	%	1,238		1,150		7.7	%
Georgia Power –
Operating Revenues	$	2,210	$	1,938	14.0	%	$	9,260	$	8,309	11.4	%
Earnings (Loss) Before Income Taxes	(695)		118		N/M		416		1,727		(75.9)	%
Net Income (Loss) Available to Common	(446)		164		N/M		584		1,575		(62.9)	%
Mississippi Power –
Operating Revenues	$	334	$	277	20.6	%	$	1,322	$	1,172	12.8	%
Earnings Before Income Taxes	25		8		N/M		180		166		8.4	%
Net Income Available to Common	26		14		85.7	%	159		152		4.6	%
Southern Power –
Operating Revenues	$	606	$	396	53.0	%	$	2,216	$	1,733	27.9	%
Earnings (Loss) Before Income Taxes	(27)		(32)		(15.6)	%	154		210		(26.7)	%
Net Income Available to Common	55		26		111.5	%	266		238		11.8	%
Southern Company Gas –
Operating Revenues	$	1,386	$	1,072	29.3	%	$	4,380	$	3,434	27.5	%
Earnings Before Income Taxes	201		305		(34.1)	%	814		763		6.7	%
Net Income Available to Common	150		230		(34.8)	%	539		590		(8.6)	%

N/M - Not Meaningful

Notes

- See Financial Highlights pages for discussion of certain significant items occurring during the periods