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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2006 2005 Change 2006 2005 Change
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Income Account-
Retail Revenue $2,970 $2,555 $415 $5,442 $4,824 $618
Wholesale Revenue 440 385 55 855 732 123
Other Electric Revenues 116 110 6 227 211 16
Non-regulated Operating Revenues 66 70 (4) 131 140 (9)
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Total Revenues 3,592 3,120 472 6,655 5,907 748
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Fuel and Purchased Power 1,447 1,117 330 2,600 2,080 520
Non-fuel O & M 861 832 29 1,707 1,643 64
Depreciation and Amortization 298 287 11 597 577 20
Taxes Other Than Income Taxes 179 163 16 354 326 28
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Total Operating Expenses 2,785 2,399 386 5,258 4,626 632
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Operating Income 807 721 86 1,397 1,281 116
Other Income, net 21 8 13 15 20 (5)
Interest Charges and Dividends 219 194 25 435 372 63
Income Taxes 222 146 76 329 222 107
Discontinued Operations, net of tax (2) (2) - (1) 3 (4)
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NET INCOME (See Notes) $ 385 $ 387 $ (2) $ 647 $ 710 $(63)
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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-Q.