Exhibit 99.06
Southern Company
Financial Overview
(In Millions of Dollars)
3 Months Ended March
-----------------------------------------
2005 2004 % Change
---- ---- --------
Consolidated -
Operating Revenues $2,864 $2,732 4.8%
Earnings Before Income Taxes 402 454 -11.4%
Net Income 323 331 -2.5%
Alabama Power -
Operating Revenues $970 $960 1.0%
Earnings Before Income Taxes 113 153 -26.1%
Net Income Available to Common 93 91 2.9%
Georgia Power -
Operating Revenues $1,370 $1,199 14.3%
Earnings Before Income Taxes 227 225 0.9%
Net Income Available to Common 142 144 -1.0%
Gulf Power -
Operating Revenues $225 $215 4.5%
Earnings Before Income Taxes 22 27 -17.0%
Net Income Available to Common 15 17 -13.0%
Mississippi Power -
Operating Revenues $215 $210 2.6%
Earnings Before Income Taxes 28 29 -1.9%
Net Income Available to Common 17 17 -2.1%
Savannah Electric -
Operating Revenues $89 $72 22.5%
Earnings Before Income Taxes 2 4 -58.4%
Net Income Available to Common 1 3 -77.2%
Southern Power -
Operating Revenues $153 $176 -13.0%
Earnings Before Income Taxes 38 44 -15.2%
Net Income Available to Common 23 27 -15.1%
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.