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8-K - ALABAMA POWER COyearendearn8-k2010.htm
EX-99.01 - ALABAMA POWER COex99-01.htm
EX-99.03 - ALABAMA POWER COex99-03.htm
EX-99.05 - ALABAMA POWER COex99-05.htm
EX-99.06 - ALABAMA POWER COex99-06.htm
EX-99.04 - ALABAMA POWER COex99-04.htm
EX-99.02 - ALABAMA POWER COex99-02.htm

   Exhibit 99.07
 Southern Company
 Financial Overview
 (In Millions of Dollars)
 
 
Three Months Ended December
 
 Year-to-Date December
 
                                 
   
2010
   
2009
 
% Change
   
2010
   
2009
   % Change
 
 
Consolidated –
                               
Operating Revenues
$
3,771
 
 $
3,511
 
7.4%
 
$
17,456
 
 $
15,743
 
10.9%
 
Earnings Before Income Taxes
 
270
   
332
 
-18.6%
   
3,066
   
2,604
 
17.8%
 
Net Income Available to Common
 
153
   
248
 
-38.2%
   
1,975
   
1,643
 
20.3%
 
                                 
Alabama Power –
                               
Operating Revenues
$
1,313
 
 $
1,230
 
6.7%
 
$
5,976
 
 $
5,529
 
8.1%
 
Earnings Before Income Taxes
 
129
   
135
 
-4.2%
   
1,210
   
1,093
 
10.7%
 
Net Income Available to Common
 
55
   
85
 
-35.3%
   
707
   
670
 
5.7%
 
                                 
Georgia Power –
                               
Operating Revenues
$
1,737
 
 $
1,724
 
0.7%
 
$
8,349
 
 $
7,692
 
8.5%
 
Earnings Before Income Taxes
 
78
   
151
 
-48.0%
   
1,420
   
1,241
 
14.4%
 
Net Income Available to Common
 
54
   
114
 
-52.7%
   
950
   
814
 
16.7%
 
                                 
Gulf Power –
                               
Operating Revenues
$
347
 
 $
299
 
15.9%
 
$
1,590
 
 $
1,302
 
22.1%
 
Earnings Before Income Taxes
 
34
   
30
 
11.3%
   
199
   
170
 
16.9%
 
Net Income Available to Common
 
21
   
21
 
-1.1%
   
122
   
111
 
9.2%
 
                                 
Mississippi Power –
                               
Operating Revenues
$
256
 
 $
263
 
-3.0%
 
$
1,143
 
 $
1,149
 
-0.6%
 
Earnings Before Income Taxes
 
25
   
15
 
73.5%
   
128
   
137
 
-6.3%
 
Net Income Available to Common
 
16
   
10
 
58.9%
   
80
   
85
 
-5.6%
 
                                 
Southern Power –
                               
Operating Revenues
$
267
 
 $
201
 
32.9%
 
$
1,129
 
 $
947
 
19.3%
 
Earnings Before Income Taxes
 
50
   
36
 
38.1%
   
207
   
242
 
-14.4%
 
Net Income Available to Common
 
24
   
30
 
-19.6%
   
130
   
156
 
-16.6%
 
                                 
                                 
                                 
                                 
 
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-K.