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
	2023		2022		% Change		2023		2022		% Change
Southern Company –
Operating Revenues	$	6,045	$	7,047	(14.2)	%	$	25,253	$	29,279	(13.8)	%
Earnings (Loss) Before Income Taxes	800		(234)		N/M		4,345		4,223		2.9	%
Net Income (Loss) Available to Common	855		(87)		N/M		3,976		3,524		12.8	%
Alabama Power –
Operating Revenues	$	1,630	$	1,794	(9.1)	%	$	7,050	$	7,817	(9.8)	%
Earnings Before Income Taxes	216		114		89.5	%	1,451		1,774		(18.2)	%
Net Income Available to Common	238		84		183.3	%	1,370		1,340		2.2	%
Georgia Power –
Operating Revenues	$	2,313	$	2,366	(2.2)	%	$	10,118	$	11,584	(12.7)	%
Earnings (Loss) Before Income Taxes	636		(89)		N/M		2,528		2,183		15.8	%
Net Income (Loss) Available to Common	533		(38)		N/M		2,080		1,813		14.7	%
Mississippi Power –
Operating Revenues	$	337	$	415	(18.8)	%	$	1,474	$	1,694	(13.0)	%
Earnings Before Income Taxes	16		13		23.1	%	224		201		11.4	%
Net Income Available to Common	15		14		7.1	%	188		164		14.6	%
Southern Power –
Operating Revenues	$	503	$	751	(33.0)	%	$	2,189	$	3,369	(35.0)	%
Earnings (Loss) Before Income Taxes	(16)		8		N/M		242		267		(9.4)	%
Net Income Available to Common	69		89		(22.5)	%	357		354		0.8	%
Southern Company Gas –
Operating Revenues	$	1,285	$	1,964	(34.6)	%	$	4,702	$	5,962	(21.1)	%
Earnings Before Income Taxes	191		75		154.7	%	826		752		9.8	%
Net Income Available to Common	140		56		150.0	%	615		572		7.5	%

N/M - Not Meaningful

Notes

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