Exhibit 99.04
Southern Company
Analysis of Consolidated Earnings
(In Millions of Dollars)
3 Months Ended March
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2005 2004 Change
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Income Account-
Retail Revenue $2,269 $2,144 $125
Wholesale Revenue 347 351 (4)
Other Electric Revenues 101 93 8
Non-regulated Operating Revenues 147 144 3
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Total Revenues 2,864 2,732 132
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Fuel and Purchased Power 1,018 959 59
Non-fuel O & M 821 751 70
Depreciation and Amortization 293 241 52
Taxes Other Than Income Taxes 163 158 5
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Total Operating Expenses 2,295 2,109 186
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Operating Income 569 623 (54)
Other Income, net 11 (2) 13
Interest Charges and Dividends 178 167 11
Income Taxes 79 123 (44)
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NET INCOME (See Notes) $ 323 $ 331 $ (8)
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Notes
- -----
- -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.