<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the financial statements filed as Exhibit 99 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000044545 <NAME> GULF POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> Dec-31-1999 <PERIOD-END> Dec-31-1999 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,065,858 <OTHER-PROPERTY-AND-INVEST> 1,481 <TOTAL-CURRENT-ASSETS> 158,186 <TOTAL-DEFERRED-CHARGES> 82,970 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,308,495 <COMMON> 38,060 <CAPITAL-SURPLUS-PAID-IN> 221,266 <RETAINED-EARNINGS> 162,987 <TOTAL-COMMON-STOCKHOLDERS-EQ> 422,313 <PREFERRED-MANDATORY> 85,000 <PREFERRED> 4,236 <LONG-TERM-DEBT-NET> 247,523 <SHORT-TERM-NOTES> 55,000 <LONG-TERM-NOTES-PAYABLE> 119,926 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 0 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 374,497 <TOT-CAPITALIZATION-AND-LIAB> 1,308,495 <GROSS-OPERATING-REVENUE> 674,099 <INCOME-TAX-EXPENSE> 32,631 <OTHER-OPERATING-EXPENSES> 554,937 <TOTAL-OPERATING-EXPENSES> 554,937 <OPERATING-INCOME-LOSS> 119,162 <OTHER-INCOME-NET> 414 <INCOME-BEFORE-INTEREST-EXPEN> 86,945 <TOTAL-INTEREST-EXPENSE> 33,061 <NET-INCOME> 53,884 <PREFERRED-STOCK-DIVIDENDS> 217 <EARNINGS-AVAILABLE-FOR-COMM> 53,667 <COMMON-STOCK-DIVIDENDS> 61,300 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 106,535 <EPS-BASIC> 0 <EPS-DILUTED> 0