Exhibit 99.05
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
	Three Months Ended March
	2020			2019			Change
Income Account-
Retail Electric Revenues-
Fuel	$	677		$	804		$	(127	)
Non-Fuel	2,401			2,280			121
Wholesale Electric Revenues	418			499			(81		)
Other Electric Revenues	151			168			(17		)
Natural Gas Revenues	1,249			1,474			(225		)
Other Revenues	122			187			(65		)
Total Revenues	5,018			5,412			(394		)
Fuel and Purchased Power	817			1,020			(203		)
Cost of Natural Gas	439			686			(247		)
Cost of Other Sales	55			118			(63		)
Non-Fuel O & M	1,296			1,314			(18		)
Depreciation and Amortization	857			751			106
Taxes Other Than Income Taxes	330			329			1
(Gain) Loss on Dispositions, net	(39		)	(2,497		)	2,458
Total Operating Expenses	3,755			1,721			2,034
Operating Income	1,263			3,691			(2,428		)
Allowance for Equity Funds Used During Construction	34			32			2
Earnings from Equity Method Investments	42			48			(6		)
Interest Expense, Net of Amounts Capitalized	456			430			26
Other Income (Expense), net	103			78			25
Income Taxes	145			1,360			(1,215		)
Net Income	841			2,059			(1,218		)
Less:
Dividends on Preferred Stock of Subsidiaries	4			4			—
Net Loss Attributable to Noncontrolling Interests	(31		)	(29		)	(2		)
NET INCOME ATTRIBUTABLE TO SOUTHERN COMPANY	$	868		$	2,084		$	(1,216	)
Notes
- Certain prior year data may have been reclassified to conform with current year presentation.