Exhibit 99.04
Southern Company
Analysis of Consolidated Earnings
(In Millions of Dollars)
3 Months Ended June Year to Date June
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2005 2004 Change 2005 2004 Change
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Income Account-
Retail Revenue $2,555 $2,478 $ 77 $4,824 $4,622 $202
Wholesale Revenue 385 344 41 732 695 37
Other Electric Revenues 109 94 15 210 187 23
Non-regulated Operating Revenues 95 93 2 243 237 6
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Total Revenues 3,144 3,009 135 6,009 5,741 268
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Fuel and Purchased Power 1,136 1,088 48 2,156 2,047 109
Non-fuel O & M 839 838 1 1,660 1,589 71
Depreciation and Amortization 288 233 55 580 474 106
Taxes Other Than Income Taxes 163 155 8 326 313 13
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Total Operating Expenses 2,426 2,314 112 4,722 4,423 299
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Operating Income 718 695 23 1,287 1,318 (31)
Other Income, net 8 (4) 12 19 (6) 25
Interest Charges and Dividends 194 180 14 372 347 25
Income Taxes 145 159 (14) 224 282 (58)
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NET INCOME (See Note) $ 387 $ 352 $ 35 $ 710 $ 683 $ 27
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- - 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.