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
	2022		2021		% Change		2022		2021		% Change
Southern Company –
Operating Revenues	$	7,047	$	5,767	22.2	%	$	29,279	$	23,113	26.7	%
Earnings (Loss) Before Income Taxes	(234)		(566)		(58.7)	%	4,223		2,576		63.9	%
Net Income (Loss) Available to Common	(87)		(215)		(59.5)	%	3,524		2,393		47.3	%
Alabama Power –
Operating Revenues	$	1,794	$	1,394	28.7	%	$	7,817	$	6,413	21.9	%
Earnings Before Income Taxes	114		59		93.2	%	1,774		1,625		9.2	%
Net Income Available to Common	84		49		71.4	%	1,340		1,238		8.2	%
Georgia Power –
Operating Revenues	$	2,366	$	2,210	7.1	%	$	11,584	$	9,260	25.1	%
Earnings (Loss) Before Income Taxes	(89)		(695)		(87.2)	%	2,183		416		N/M
Net Income (Loss) Available to Common	(38)		(446)		(91.5)	%	1,813		584		N/M
Mississippi Power –
Operating Revenues	$	415	$	334	24.3	%	$	1,694	$	1,322	28.1	%
Earnings Before Income Taxes	13		25		(48.0)	%	201		180		11.7	%
Net Income Available to Common	14		26		(46.2)	%	164		159		3.1	%
Southern Power –
Operating Revenues	$	751	$	606	23.9	%	$	3,369	$	2,216	52.0	%
Earnings (Loss) Before Income Taxes	8		(27)		N/M		267		154		73.4	%
Net Income Available to Common	89		55		61.8	%	354		266		33.1	%
Southern Company Gas –
Operating Revenues	$	1,964	$	1,386	41.7	%	$	5,962	$	4,380	36.1	%
Earnings Before Income Taxes	75		201		(62.7)	%	752		814		(7.6)	%
Net Income Available to Common	56		150		(62.7)	%	572		539		6.1	%

N/M - Not Meaningful

Notes

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