<ARTICLE> UT <LEGEND> This schedule contains summary financial information extracted from the Form 10-Q for June 30, 1997, and is qualified in its entirety by reference to such financial statements. </LEGEND> <CIK> 0000044545 <NAME> GULF POWER COMPANY <MULTIPLIER> 1,000 <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-1996 <PERIOD-END> JUN-30-1997 <BOOK-VALUE> PER-BOOK <TOTAL-NET-UTILITY-PLANT> 1,054,725 <OTHER-PROPERTY-AND-INVEST> 633 <TOTAL-CURRENT-ASSETS> 163,916 <TOTAL-DEFERRED-CHARGES> 70,827 <OTHER-ASSETS> 0 <TOTAL-ASSETS> 1,290,101 <COMMON> 38,060 <CAPITAL-SURPLUS-PAID-IN> 218,482 <RETAINED-EARNINGS> 173,541 <TOTAL-COMMON-STOCKHOLDERS-EQ> 430,083 <PREFERRED-MANDATORY> 40,000 <PREFERRED> 65,102 <LONG-TERM-DEBT-NET> 280,540 <SHORT-TERM-NOTES> 19,500 <LONG-TERM-NOTES-PAYABLE> 27,000 <COMMERCIAL-PAPER-OBLIGATIONS> 0 <LONG-TERM-DEBT-CURRENT-PORT> 56,431 <PREFERRED-STOCK-CURRENT> 0 <CAPITAL-LEASE-OBLIGATIONS> 0 <LEASES-CURRENT> 0 <OTHER-ITEMS-CAPITAL-AND-LIAB> 371,445 <TOT-CAPITALIZATION-AND-LIAB> 1,290,101 <GROSS-OPERATING-REVENUE> 286,666 <INCOME-TAX-EXPENSE> 13,280 <OTHER-OPERATING-EXPENSES> 234,021 <TOTAL-OPERATING-EXPENSES> 247,301 <OPERATING-INCOME-LOSS> 39,365 <OTHER-INCOME-NET> 96 <INCOME-BEFORE-INTEREST-EXPEN> 39,461 <TOTAL-INTEREST-EXPENSE> 15,740 <NET-INCOME> 23,721 <PREFERRED-STOCK-DIVIDENDS> 2,595 <EARNINGS-AVAILABLE-FOR-COMM> 21,126 <COMMON-STOCK-DIVIDENDS> 36,700 <TOTAL-INTEREST-ON-BONDS> 0 <CASH-FLOW-OPERATIONS> 61,958 <EPS-PRIMARY> 0 <EPS-DILUTED> 0