Attached files
| file | filename |
|---|---|
| 8-K - ALABAMA POWER CO | earnings8k2nd2010.htm |
| EX-99.05 - ALABAMA POWER CO | ex99-05.htm |
| EX-99.06 - ALABAMA POWER CO | ex99-06.htm |
| EX-99.07 - ALABAMA POWER CO | ex99-07.htm |
| EX-99.04 - ALABAMA POWER CO | ex99-04.htm |
| EX-99.01 - ALABAMA POWER CO | ex99-01.htm |
| EX-99.02 - ALABAMA POWER CO | ex99-02.htm |
Exhibit 99.03
Southern
Company
Significant
Factors Impacting EPS
|
Three
Months Ended June
|
Year-to-Date
June
|
|||||||||||||||||||
|
2010
|
2009
|
Change
|
2010
|
2009
|
Change
|
|||||||||||||||
|
Consolidated
Earnings Per Share–
|
||||||||||||||||||||
|
As
Reported (See Notes)
|
$
|
0.62
|
$
|
0.61
|
$
|
0.01
|
$
|
1.22
|
$
|
0.77
|
$
|
0.45
|
||||||||
|
Significant Factors:
|
||||||||||||||||||||
|
Traditional
Operating Companies
|
0.07
|
0.30
|
||||||||||||||||||
|
Southern
Power
|
-
|
(0.02)
|
||||||||||||||||||
|
Parent
Company and Other
|
(0.03)
|
0.23
|
||||||||||||||||||
|
Additional
Shares
|
(0.03)
|
(0.06)
|
||||||||||||||||||
|
Total–As
Reported
|
$
|
0.01
|
$
|
0.45
|
||||||||||||||||
|
Three
Months Ended June
|
Year-to-Date
June
|
|||||||||||||||||||
|
2010
|
2009
|
Change
|
2010
|
2009
|
Change
|
|||||||||||||||
|
Consolidated
Earnings Per Share–
|
||||||||||||||||||||
|
Excluding
Items (See Notes)
|
$
|
0.62
|
$
|
0.61
|
$
|
0.01
|
$
|
1.22
|
$
|
1.03
|
$
|
0.19
|
||||||||
|
Total–As
Reported
|
0.01
|
0.45
|
||||||||||||||||||
|
MC
Asset Recovery Litigation Settlement
|
-
|
(0.26)
|
||||||||||||||||||
|
Total–Excluding
Items
|
$
|
0.01
|
$
|
0.19
|
||||||||||||||||
|
Notes
|
||||||||||||
|
-
For the three months and six months ended June 30, 2010 and 2009, diluted
earnings per share are not more than 1 cent per share and are not
material.
|
||||||||||||
|
-
The charge related to Southern Company's MC Asset Recovery litigation
settlement significantly impacted the presentation of earnings and
earnings per share for
the six months ended June 30, 2009, and significant charges related to the
Mirant spin-off are not expected to occur in the
future.
|
||||||||||||
|
-
Certain prior year data has been reclassified to conform with current year
presentation.
|
||||||||||||
|
-
Information contained in this report is subject to audit and
adjustments. Certain classifications may be different from
final results published in the Form
10-Q.
|
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