Exhibit 99.06
Southern Company
Financial Overview
(In Millions of Dollars)
3 months ended December 12 months ended December
--------------------------------- --------------------------------------
2005 2004 % Change 2005 2004 % Change
---- ---- -------- ---- ---- --------
Consolidated -
Operating Revenues $3,287 $2,670 23.2% $13,552 $11,729 15.5%
Earnings Before Income Taxes 175 203 -14.4% 2,186 2,114 3.4%
Net Income 159 204 -22.3% 1,591 1,532 3.8%
Alabama Power -
Operating Revenues $1,135 $971 16.8% $4,648 $4,236 9.7%
Earnings Before Income Taxes 106 117 -9.3% 817 818 -0.1%
Net Income Available to Common 57 66 -14.3% 508 481 5.6%
Georgia Power -
Operating Revenues $1,583 $1,237 28.0% $6,632 $5,371 23.5%
Earnings Before Income Taxes 97 106 -9.1% 1,147 1,038 10.5%
Net Income Available to Common 60 71 -15.8% 715 658 8.7%
Gulf Power -
Operating Revenues $264 $235 12.4% $1,084 $960 12.9%
Earnings Before Income Taxes 5 1 330.7% 121 108 11.9%
Net Income Available to Common 2 0 295.9% 75 68 10.2%
Mississippi Power -
Operating Revenues $228 $209 9.0% $970 $910 6.5%
Earnings Before Income Taxes 5 5 7.0% 122 131 -7.1%
Net Income Available to Common 3 2 48.5% 74 77 -3.9%
Savannah Electric -
Operating Revenues $109 $86 27.1% $445 $357 24.7%
Earnings Before Income Taxes 2 2 -12.5% 50 40 23.7%
Net Income Available to Common 1 1 24.4% 30 24 23.5%
Southern Power -
Operating Revenues $213 $154 38.5% $781 $701 11.4%
Earnings Before Income Taxes 44 42 4.5% 187 184 1.2%
Net Income Available to Common 27 25 10.9% 115 112 2.9%
Notes
- - Southern Company GAS completed the sale of substantially all of its assets
on January 4, 2006 and is included in consolidated earnings in all periods
as discontinued operations.
- - 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-K.