<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the financial statements filed as Exhibit 99 and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000066904 <NAME> MISSISSIPPI POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 952,772 <OTHER-PROPERTY-AND-INVEST> 3,353 <TOTAL-CURRENT-ASSETS> 100,200 <TOTAL-DEFERRED-CHARGES> 67,386 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,123,711 <COMMON> 37,691 <CAPITAL-SURPLUS-PAID-IN> 179,734 <RETAINED-EARNINGS> 144,328 <TOTAL-COMMON-STOCKHOLDERS-EQ> 361,753 <PREFERRED-MANDATORY> 0 <PREFERRED> 74,414 <LONG-TERM-DEBT-NET> 252,032 <SHORT-TERM-NOTES> 0 <LONG-TERM-NOTES-PAYABLE> 95,689 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> (41,199) <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 381,022 <TOT-CAPITALIZATION-AND-LIAB> 1,123,711 <GROSS-OPERATING-REVENUE> 499,162 <INCOME-TAX-EXPENSE> 31,386 <OTHER-OPERATING-EXPENSES> 394,701 <TOTAL-OPERATING-EXPENSES> 426,087 <OPERATING-INCOME-LOSS> 73,075 <OTHER-INCOME-NET> 2,992 <INCOME-BEFORE-INTEREST-EXPEN> 76,067 <TOTAL-INTEREST-EXPENSE> 22,011 <NET-INCOME> 54,056 <PREFERRED-STOCK-DIVIDENDS> 4,899 <EARNINGS-AVAILABLE-FOR-COMM> 49,157 <COMMON-STOCK-DIVIDENDS> 34,100 <TOTAL-INTEREST-ON-BONDS> 22,606 <CASH-FLOW-OPERATIONS> 95,367 <EPS-PRIMARY> 0 <EPS-DILUTED> 0