Exhibit 99.02
Southern Company
Financial Highlights
(In Millions of Dollars Except Earnings Per Share)
3 Months Ended March
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2005 2004
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(Notes) (Notes)
Consolidated Earnings-
(See Notes)
Retail Business $ 233 $ 245
Competitive Generation 58 54
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Total 291 299
Synthetic Fuels 22 20
Leasing Business 6 7
Parent Company and Other 4 5
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Net Income $ 323 $ 331
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Basic Earnings Per Share-(See Notes) $ 0.43 $ 0.45
Operating Revenues $2,864 $2,732
Average Shares Outstanding (in millions) 744 737
End of Period Shares Outstanding (in millions) 744 737
Notes
- -----
- -Diluted earnings per share are not more than 1 cent for any period
reported above and are not material.
- -Certain prior year data has been reclassified to conform with current
year presentation.
- -Information contained in this report is subject to audit and
adjustments and certain classifications may be different from final
results published in the Form 10-Q.