EXHIBIT 99.06
Southern Company
Financial Overview
(In Millions of Dollars)
3 Months Ended December 12 Months Ended December
------------------------------ ---------------------------------
2006 2005 % Change 2006 2005 % Change
------ ------ ---------- -------- -------- ----------
Consolidated -
Operating Revenues $3,152 $3,290 -4.2% $ 14,356 $ 13,554 5.9%
Earnings Before Income Taxes 234 174 34.5% 2,355 2,186 7.7%
Net Income 188 159 18.6% 1,573 1,591 -1.1%
Alabama Power -
Operating Revenues $1,120 $1,134 -1.2% $ 5,015 $ 4,648 7.9%
Earnings Before Income Taxes 136 106 28.4% 873 817 6.8%
Net Income Available to Common 80 57 39.7% 518 508 1.9%
Georgia Power -
Operating Revenues $1,579 $1,694 -6.8% $ 7,246 $ 7,076 2.4%
Earnings Before Income Taxes 105 99 6.2% 1,234 1,195 3.3%
Net Income Available to Common 76 61 23.6% 787 744 5.8%
Gulf Power -
Operating Revenues $ 275 $ 264 4.4% $ 1,204 $ 1,084 11.1%
Earnings Before Income Taxes 10 5 122.2% 125 121 3.0%
Net Income Available to Common 7 2 265.4% 76 75 1.0%
Mississippi Power -
Operating Revenues $ 235 $ 228 2.9% $ 1,009 $ 970 4.1%
Earnings Before Income Taxes 11 5 96.8% 132 122 8.1%
Net Income Available to Common 7 3 145.4% 82 74 11.1%
Southern Power -
Operating Revenues $ 174 $ 213 -18.7% $ 777 $ 781 -0.5%
Earnings Before Income Taxes 44 44 -0.9% 206 187 10.5%
Net Income Available to Common 27 27 -1.4% 124 115 8.4%
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.