Attached files

file filename
EX-99.07 - EXHIBIT 99.07 - SOUTHERN COex9907-financialoverviewq1.htm
EX-99.06 - EXHIBIT 99.06 - SOUTHERN COex9906-kilowattxhoursalesa.htm
EX-99.05 - EXHIBIT 99.05 - SOUTHERN COex9905-consolidatedearning.htm
EX-99.04 - EXHIBIT 99.04 - SOUTHERN COex9904-epsearningsanalysis.htm
EX-99.03 - EXHIBIT 99.03 - SOUTHERN COex9903-significantfactorsi.htm
EX-99.02 - EXHIBIT 99.02 - SOUTHERN COex9902-financialhighlights.htm
EX-99.01 - EXHIBIT 99.01 - SOUTHERN COex9901-pressreleaseq12017.htm


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)    May 3, 2017    

Commission
File Number
Registrant, State of Incorporation,
Address and Telephone Number
I.R.S. Employer
Identification No.
 
 
 
1-3526
The Southern Company
(A Delaware Corporation)
30 Ivan Allen Jr. Blvd., N.W.
Atlanta, Georgia 30308
(404) 506-5000
58-0690070
1-3164
Alabama Power Company
(An Alabama Corporation)
600 North 18th Street
Birmingham, Alabama 35203
(205) 257-1000
63-0004250
1-6468
Georgia Power Company
(A Georgia Corporation)
241 Ralph McGill Boulevard, N.E.
Atlanta, Georgia 30308
(404) 506-6526
58-0257110
001-31737
Gulf Power Company
(A Florida Corporation)
One Energy Place
Pensacola, Florida 32520
(850) 444-6111
59-0276810
001-11229
Mississippi Power Company
(A Mississippi Corporation)
2992 West Beach Boulevard
Gulfport, Mississippi 39501
(228) 864-1211
64-0205820
001-37803
Southern Power Company
(A Delaware Corporation)
30 Ivan Allen Jr. Blvd., N.W.
Atlanta, Georgia 30308
(404) 506-5000
58-2598670
1-14174
Southern Company Gas
(A Georgia Corporation)
Ten Peachtree Place N.E.
Atlanta, Georgia 30309
(404) 584-4000
58-2210952

The names and addresses of the registrants have not changed since the last report.






This combined Form 8-K is furnished separately by seven registrants: The Southern Company, Alabama Power Company, Georgia Power Company, Gulf Power Company, Mississippi Power Company, Southern Power Company and Southern Company Gas. Information contained herein relating to each registrant is furnished by each registrant solely on its own behalf. Each registrant makes no representation as to information relating to the other registrants.

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrants under any of the following provisions:

[  ]
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))







Item 2.02
Results of Operations and Financial Condition

The information in this Current Report on Form 8-K, including the exhibits attached hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, such information, including the exhibits attached hereto, shall not be deemed to be incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.

On May 3, 2017, The Southern Company (“Southern Company”) issued a press release regarding its earnings for the three months ended March 31, 2017. A copy of this release is being furnished as Exhibit 99.01 to this Current Report on Form 8-K. In addition, certain additional information regarding the financial results for the three months ended March 31, 2017 is being furnished as Exhibits 99.02 through 99.07 to this Current Report on Form 8-K.

Use of Non-GAAP Financial Measures

Exhibits 99.01, 99.02, 99.03 and 99.04 to this Current Report on Form 8-K, in addition to including earnings and earnings per share in accordance with generally accepted accounting principles (“GAAP”) for the three-month periods ended March 31, 2017 and 2016, also include earnings and earnings per share (1) for the three-month periods ended March 31, 2017 and 2016 excluding charges for estimated probable losses relating to Mississippi Power Company’s construction of the integrated coal gasification combined cycle facility in Kemper County, Mississippi (the “Kemper IGCC”), (2) for the three-month period ended March 31, 2017 excluding charges for a write-down of Gulf Power Company’s ownership of Plant Scherer Unit 3, (3) for the three-month periods ended March 31, 2017 and 2016 excluding costs related to the acquisition and integration of Southern Company Gas, (4) for the three-month period ended March 31, 2017 excluding earnings from the Wholesale Gas Services business of Southern Company Gas, and (5) for the three-month period ended March 31, 2017 excluding earnings related to the equity return related to the Kemper IGCC schedule extension beyond November 30, 2016. The attached exhibits include additional information regarding these excluded items, as well as reconciliations of each non-GAAP financial measure to the most comparable financial measure under GAAP. Southern Company believes the presentation of earnings and earnings per share, excluding these items, is useful to investors because it provides investors with additional information to evaluate the performance of Southern Company’s ongoing business activities.  Southern Company management also uses earnings and earnings per share, excluding the effect of these items, to evaluate the performance of Southern Company’s ongoing business activities.  The presentation of this additional information is not meant to be considered a substitute for financial measures prepared in accordance with GAAP.

Exhibits

The exhibits hereto contain business segment information for Alabama Power Company, Georgia Power Company, Gulf Power Company, Mississippi Power Company, Southern Power Company and Southern Company Gas. Accordingly, this report is also being furnished on behalf of each such registrant.





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The following exhibits relate to the three months ended March 31, 2017:


 
Exhibit 99.01
Press Release.
 
Exhibit 99.02
Financial Highlights.
 
Exhibit 99.03
Significant Factors Impacting EPS.
 
Exhibit 99.04
EPS Earnings Analysis.
 
Exhibit 99.05
Consolidated Earnings.
 
Exhibit 99.06
Kilowatt-Hour Sales and Customers.
 
Exhibit 99.07
Financial Overview.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, each of the registrants has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:May 3, 2017
THE SOUTHERN COMPANY




 
By
/s/Ann P. Daiss
 
 
Ann P. Daiss
Comptroller
 
 
 
 
ALABAMA POWER COMPANY
GEORGIA POWER COMPANY
GULF POWER COMPANY
MISSISSIPPI POWER COMPANY
SOUTHERN POWER COMPANY
SOUTHERN COMPANY GAS




 
By
/s/Melissa K. Caen
 
 
Melissa K. Caen
Assistant Secretary










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