EX-99.07 8 ex9907-financialoverviewq3.htm EX-99.07 Document




Exhibit 99.07
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
Three Months Ended SeptemberYear-To-Date September
20212020% Change20212020% Change
Southern Company –
Operating Revenues$6,238 $5,620 11.0 %$17,346 $15,258 13.7 %
Earnings Before Income Taxes1,482 1,576 (6.0)%3,142 3,189 (1.5)%
Net Income Available to Common1,101 1,251 (12.0)%2,608 2,732 (4.5)%
Alabama Power –
Operating Revenues$1,904 $1,729 10.1 %$5,019 $4,445 12.9 %
Earnings Before Income Taxes655 578 13.3 %1,566 1,340 16.9 %
Net Income Available to Common499 444 12.4 %1,189 1,022 16.3 %
Georgia Power –
Operating Revenues$2,856 $2,617 9.1 %$7,050 $6,371 10.7 %
Earnings Before Income Taxes649 945 (31.3)%1,111 1,609 (31.0)%
Net Income Available to Common536 773 (30.7)%1,030 1,411 (27.0)%
Mississippi Power –
Operating Revenues$378 $336 12.5 %$988 $895 10.4 %
Earnings Before Income Taxes60 79 (24.1)%155 158 (1.9)%
Net Income Available to Common50 67 (25.4)%133 138 (3.6)%
Southern Power –
Operating Revenues$679 $523 29.8 %$1,610 $1,337 20.4 %
Earnings Before Income Taxes92 116 (20.7)%181 242 (25.2)%
Net Income Available to Common78 74 5.4 %211 212 (0.5)%
Southern Company Gas –
Operating Revenues$623 $477 30.6 %$2,994 $2,362 26.8 %
Earnings Before Income Taxes189 17 N/M613 458 33.8 %
Net Income Available to Common56 14 N/M389 360 8.1 %
N/M - Not Meaningful
Notes
- See Financial Highlights pages for discussion of certain significant items occurring during the periods