SOUTHERN CO - FORM 8-K - EX-99.07 - EXHIBIT 99.07 - February 21, 2018

Attached files

file filename
8-K - 8-K - SOUTHERN COearnrelease8-kq42017.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-pressreleaseq42017.htm





Exhibit 99.07
 
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended December
 
Year-to-Date
December
 
 
2017
 
2016
 
% Change
 
2017
 
2016
 
% Change
Southern Company –
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
5,629

 
$
5,181

 
8.6
 %
 
$
23,031

 
$
19,896

 
15.8
 %
Earnings Before Income Taxes
 
325

 
239

 
36.0
 %
 
1,068

 
3,480

 
(69.3
)%
Net Income Available to Common
 
496

 
197

 
151.8
 %
 
842

 
2,448

 
(65.6
)%
 
 
 
 
 
 
 
 
 
 
 
 
 
Alabama Power –
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
1,433

 
$
1,329

 
7.8
 %
 
$
6,039

 
$
5,889

 
2.5
 %
Earnings Before Income Taxes
 
198

 
174

 
13.8
 %
 
1,434

 
1,370

 
4.7
 %
Net Income Available to Common
 
119

 
102

 
16.7
 %
 
848

 
822

 
3.2
 %
 
 
 
 
 
 
 
 
 
 
 
 
 
Georgia Power –
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
1,884

 
$
1,762

 
6.9
 %
 
$
8,310

 
$
8,383

 
(0.9
)%
Earnings Before Income Taxes
 
352

 
163

 
116.0
 %
 
2,258

 
2,127

 
6.2
 %
Net Income Available to Common
 
227

 
113

 
100.9
 %
 
1,414

 
1,330

 
6.3
 %
 
 
 
 
 
 
 
 
 
 
 
 
 
Gulf Power –
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
372

 
$
349

 
6.6
 %
 
$
1,516

 
$
1,485

 
2.1
 %
Earnings Before Income Taxes
 
30

 
42

 
(28.6
)%
 
229

 
231

 
(0.9
)%
Net Income Available to Common
 
19

 
23

 
(17.4
)%
 
135

 
131

 
3.1
 %
 
 
 
 
 
 
 
 
 
 
 
 
 
Mississippi Power –
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
271

 
$
277

 
(2.2
)%
 
$
1,187

 
$
1,163

 
2.1
 %
Earnings (Loss) Before Income Taxes
 
(202
)
 
(162
)
 
24.7
 %
 
(3,120
)
 
(152
)
 
N/M

Net Income (Loss) Available to Common
 
(556
)
 
(89
)
 
N/M

 
(2,590
)
 
(50
)
 
N/M

 
 
 
 
 
 
 
 
 
 
 
 
 
Southern Power –
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
478

 
$
389

 
22.9
 %
 
$
2,075

 
$
1,577

 
31.6
 %
Earnings (Loss) Before Income Taxes
 
(17
)
 
(8
)
 
112.5
 %
 
178

 
179

 
(0.6
)%
Net Income Available to Common
 
795

 
23

 
N/M

 
1,071

 
338

 
216.9
 %
 
 
 
 
 
 
 
 
 
 
 
 
 
Southern Company Gas1 –
 
 
 
 
 
 
 
 
 
 
 
 
Operating Revenues
 
$
1,079

 
$
1,109

 
(2.7
)%
 
$
3,920

 
$
1,652

 
137.3
 %
Earnings Before Income Taxes
 
74

 
178

 
(58.4
)%
 
610

 
190

 
221.1
 %
Net Income (Loss) Available to Common
 
(60
)
 
110

 
(154.5
)%
 
243

 
114

 
113.2
 %
 
 
 
 
 
 
 
 
 
 
 
 
 
N/M - not meaningful
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Notes
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
- See Financial Highlights pages for discussion of certain significant items occurring during the periods presented.
 
 
 
 
 
 
 
 
 
 
 
 
 
(1) On July 1, 2016, Southern Company completed the acquisition of Southern Company Gas. Year-to-Date December 2016 reflects financial results for Southern Company Gas for the period July 1, 2016 through December 31, 2016.
 


SOUTHERN CO Reports