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 June						Year-To-Date June
	2023		2022		% Change		2023		2022		% Change
Southern Company –
Operating Revenues	$	5,748	$	7,206	(20.2)	%	$	12,228	$	13,854	(11.7)	%
Earnings Before Income Taxes	921		1,393		(33.9)	%	1,816		2,556		(29.0)	%
Net Income Available to Common	838		1,107		(24.3)	%	1,700		2,139		(20.5)	%
Alabama Power –
Operating Revenues	$	1,689	$	1,931	(12.5)	%	$	3,336	$	3,580	(6.8)	%
Earnings Before Income Taxes	337		508		(33.7)	%	591		964		(38.7)	%
Net Income Available to Common	312		383		(18.5)	%	568		730		(22.2)	%
Georgia Power –
Operating Revenues	$	2,391	$	3,121	(23.4)	%	$	4,567	$	5,328	(14.3)	%
Earnings Before Income Taxes	563		772		(27.1)	%	911		1,187		(23.3)	%
Net Income Available to Common	471		608		(22.5)	%	767		993		(22.8)	%
Mississippi Power –
Operating Revenues	$	311	$	434	(28.3)	%	$	702	$	769	(8.7)	%
Earnings Before Income Taxes	44		57		(22.8)	%	115		107		7.5	%
Net Income Available to Common	40		45		(11.1)	%	98		87		12.6	%
Southern Power –
Operating Revenues	$	525	$	899	(41.6)	%	$	1,033	$	1,438	(28.2)	%
Earnings Before Income Taxes	76		101		(24.8)	%	108		116		(6.9)	%
Net Income Available to Common	85		98		(13.3)	%	187		170		10.0	%
Southern Company Gas –
Operating Revenues	$	852	$	1,083	(21.3)	%	$	2,728	$	3,140	(13.1)	%
Earnings Before Income Taxes	114		151		(24.5)	%	525		567		(7.4)	%
Net Income Available to Common	85		115		(26.1)	%	393		433		(9.2)	%

Notes

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