ALABAMA POWER CO - FORM 8-K - EX-99.07

Exhibit 99.07
Southern Company
Financial Overview
(In Millions of Dollars)

	Three Months Ended March

		2011		2010	% Change

Consolidated –
Operating Revenues	$	4,012	$	4,157	-3.5%
Earnings Before Income Taxes		669		747	-10.2%
Net Income Available to Common		422		495	-14.6%

Alabama Power –
Operating Revenues	$	1,320	$	1,495	-11.7%
Earnings Before Income Taxes		258		335	-23.0%
Net Income Available to Common		152		203	-24.8%

Georgia Power –
Operating Revenues	$	1,989	$	1,984	0.2%
Earnings Before Income Taxes		321		335	-4.5%
Net Income Available to Common		206		238	-13.6%

Gulf Power –
Operating Revenues	$	325	$	357	-9.0%
Earnings Before Income Taxes		20		42	-52.3%
Net Income Available to Common		12		25	-53.8%

Mississippi Power –
Operating Revenues	$	263	$	284	-7.2%
Earnings Before Income Taxes		22		25	-12.7%
Net Income Available to Common		15		15	-4.2%

Southern Power –
Operating Revenues	$	282	$	256	9.9%
Earnings Before Income Taxes		59		24	142.5%
Net Income Available to Common		38		15	156.3%




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-Q.

ALABAMA POWER CO - FORM 8-K - EX-99.07 - April 27, 2011