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8-K - ALABAMA POWER COearnings8k3rd10.htm
EX-99.06 - ALABAMA POWER COex99-06.htm
EX-99.03 - ALABAMA POWER COex99-03.htm
EX-99.04 - ALABAMA POWER COex99-04.htm
EX-99.01 - ALABAMA POWER COex99-01.htm
EX-99.02 - ALABAMA POWER COex99-02.htm
EX-99.05 - ALABAMA POWER COex99-05.htm
Exhibit 99.07
 
 Southern Company
Financial Overview
(In Millions of Dollars)

 
 
 Three Months Ended September
 
 Year-to-Date September
                               
   
2010
   
2009
    % Change    
2010
   
2009
   % Change
                               
Consolidated –
                             
Operating Revenues
$
5,320
 
 $
4,682
 
13.6%
 
$
13,685
 
 $
12,233
 
11.9%
Earnings Before Income Taxes
 
1,275
   
1,242
 
2.7%
   
2,796
   
2,272
 
23.1%
Net Income Available to Common
 
817
   
790
 
3.5%
   
1,822
   
1,394
 
30.7%
                               
Alabama Power –
                             
Operating Revenues
$
1,706
 
 $
1,592
 
7.1%
 
$
4,663
 
 $
4,298
 
8.5%
Earnings Before Income Taxes
 
427
   
426
 
0.4%
   
1,081
   
958
 
12.8%
Net Income Available to Common
 
260
   
262
 
-0.8%
   
652
   
584
 
11.6%
                               
Georgia Power –
                             
Operating Revenues
$
2,628
 
 $
2,327
 
12.9%
 
$
6,612
 
 $
5,967
 
10.8%
Earnings Before Income Taxes
 
648
   
608
 
6.6%
   
1,342
   
1,091
 
23.0%
Net Income Available to Common
 
420
   
388
 
8.3%
   
896
   
700
 
28.1%
                               
Gulf Power –
                             
Operating Revenues
$
483
 
 $
378
 
28.0%
 
$
1,243
 
 $
1,003
 
24.0%
Earnings Before Income Taxes
 
70
   
65
 
8.2%
   
165
   
140
 
18.1%
Net Income Available to Common
 
43
   
41
 
4.1%
   
101
   
90
 
11.7%
                               
Mississippi Power –
                             
Operating Revenues
$
327
 
 $
331
 
-1.1%
 
$
888
 
 $
886
 
0.2%
Earnings Before Income Taxes
 
53
   
58
 
-8.2%
   
103
   
122
 
-15.8%
Net Income Available to Common
 
34
   
35
 
-3.7%
   
64
   
75
 
-14.4%
                               
Southern Power –
                             
Operating Revenues
$
357
 
 $
283
 
25.9%
 
$
862
 
 $
745
 
15.6%
Earnings Before Income Taxes
 
93
   
108
 
-14.2%
   
157
   
205
 
-23.6%
Net Income Available to Common
 
62
   
67
 
-8.3%
   
106
   
126
 
-15.9%
 
Notes
-  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.