EXHIBIT 99.06
Southern Company
Financial Overview
(In Millions of Dollars)
3 Months Ended September Year-to-Date September
------------------------------------- ------------------------------------
2006 2005 % Change 2006 2005 % Change
---- ---- -------- ---- ---- --------
Consolidated -
Operating Revenues $4,549 $4,358 4.4% $11,204 $10,265 9.2%
Earnings Before Income Taxes 1,143 1,082 5.6% 2,120 2,011 5.4%
Net Income 738 722 2.2% 1,385 1,432 -3.3%
Alabama Power -
Operating Revenues $1,572 $1,458 7.8% $3,895 $3,514 10.8%
Earnings Before Income Taxes 393 392 0.4% 737 711 3.6%
Net Income Available to Common 238 236 0.8% 438 451 -2.8%
Georgia Power -
Operating Revenues $2,275 $2,369 -4.0% $5,667 $5,382 5.3%
Earnings Before Income Taxes 598 604 -0.9% 1,129 1,096 3.0%
Net Income Available to Common 382 375 1.9% 711 683 4.2%
Gulf Power -
Operating Revenues $373 $344 8.4% $929 $820 13.3%
Earnings Before Income Taxes 57 60 -4.8% 114 116 -1.7%
Net Income Available to Common 35 37 -7.0% 69 73 -5.8%
Mississippi Power -
Operating Revenues $311 $278 11.8% $775 $742 4.4%
Earnings Before Income Taxes 59 46 28.4% 121 117 4.1%
Net Income Available to Common 37 28 29.7% 75 71 5.5%
Southern Power -
Operating Revenues $270 $266 1.7% $603 $568 6.3%
Earnings Before Income Taxes 78 64 20.9% 163 143 14.1%
Net Income Available to Common 46 39 16.9% 98 88 11.5%
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.