Exhibit 99.02
Southern Company
Financial Highlights
(In Millions of Dollars Except Earnings Per Share)
3 Months Ended June Year to Date June
-------------------- -----------------
2005 2004 2005 2004
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(Notes) (Notes) (Notes) (Notes)
Consolidated Earnings-
(See Notes)
Retail Business $ 301 $ 284 $ 535 $ 527
Competitive Generation 59 46 117 102
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Total 360 330 652 629
Synthetic Fuels 23 21 45 41
Leasing Business 8 7 14 14
Parent Company and Other (4) (6) (1) (1)
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Net Income $ 387 $ 352 $ 710 $ 683
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Basic Earnings Per Share-(See Notes) $ 0.52 $ 0.48 $ 0.95 $ 0.93
Operating Revenues $3,144 $3,009 $6,009 $5,741
Average Shares Outstanding (in millions) 747 738 745 737
End of Period Shares Outstanding (in millions) 747 738
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.