Exhibit 99.06
SOUTHERN COMPANY
FINANCIAL OVERVIEW
(In Millions of Dollars)
3 Months Ended March
-------------------------------------------
2003 2002 % Change
---- ---- --------
Consolidated -
Operating Revenues $2,553 $2,214 15.3%
Earnings Before Income Taxes 419 335 24.8%
Net Income 298 224 32.8%
Alabama Power -
Operating Revenues $895 $802 11.5%
Earnings Before Income Taxes 155 124 25.2%
Net Income Available to Common 92 73 26.6%
Georgia Power -
Operating Revenues $1,126 $1,007 11.9%
Earnings Before Income Taxes 209 202 3.4%
Net Income Available to Common 133 127 5.1%
Gulf Power -
Operating Revenues $198 $161 22.9%
Earnings Before Income Taxes 22 17 29.7%
Net Income Available to Common 14 12 19.2%
Mississippi Power -
Operating Revenues $194 $183 5.9%
Earnings Before Income Taxes 35 23 52.0%
Net Income Available to Common 21 14 53.0%
Savannah Electric -
Operating Revenues $69 $57 20.2%
Earnings Before Income Taxes 6 3 97.5%
Net Income Available to Common 4 2 94.7%
Southern Power -
Operating Revenues $107 $19 -
Earnings Before Income Taxes 37 7 -
Net Income Available to Common 23 4 -