SOUTHERN CO - FORM 8-K - EX-99.05 - EXHIBIT - July 30, 2014

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EX-99.01 - EXHIBIT - SOUTHERN COex9901-pressreleaseq22014.htm
EX-99.04 - EXHIBIT - SOUTHERN COex9904-epsearningsanalysis.htm
EX-99.06 - EXHIBIT - SOUTHERN COex9906-kilowattxhoursalesq.htm
EX-99.07 - EXHIBIT - SOUTHERN COex9907-financialoverviewq2.htm
EX-99.03 - EXHIBIT - SOUTHERN COex9903-significantfactorsi.htm
EX-99.02 - EXHIBIT - SOUTHERN COex9902-financialhighlights.htm
8-K - 8-K - SOUTHERN COearnrelease8-kq22014.htm


Exhibit 99.05
 
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June
 
Year-to-Date June
 
 
2014
 
2013
 
Change
 
2014
 
2013
 
Change
Income Account-
 
 
 
 
 
 
 
 
 
 
 
 
Retail Revenues-
 
 
 
 
 
 
 
 
 
 
 
 
Fuel
 
$
1,296

 
$
1,257

 
$
39

 
$
2,772

 
$
2,395

 
$
377

Non-Fuel
 
2,474

 
2,363

 
111

 
4,856

 
4,523

 
333

Wholesale Revenues
 
515

 
454

 
61

 
1,119

 
886

 
233

Other Electric Revenues
 
169

 
156

 
13

 
334

 
311

 
23

Non-regulated Operating Revenues
 
13

 
16

 
(3
)
 
30

 
28

 
2

Total Revenues
 
4,467

 
4,246

 
221

 
9,111

 
8,143

 
968

Fuel and Purchased Power
 
1,595

 
1,501

 
94

 
3,429

 
2,858

 
571

Non-Fuel O & M
 
1,019

 
947

 
72

 
2,005

 
1,921

 
84

Depreciation and Amortization
 
504

 
476

 
28

 
1,001

 
942

 
59

Taxes Other Than Income Taxes
 
246

 
232

 
14

 
493

 
467

 
26

Estimated Loss on Kemper IGCC
 
—

 
450

 
(450
)
 
380

 
990

 
(610
)
Total Operating Expenses
 
3,364

 
3,606

 
(242
)
 
7,308

 
7,178

 
130

Operating Income
 
1,103

 
640

 
463

 
1,803

 
965

 
838

Allowance for Equity Funds Used During Construction
 
62

 
45

 
17

 
119

 
86

 
33

Interest Expense, Net of Amounts Capitalized
 
210

 
215

 
(5
)
 
416

 
426

 
(10
)
Other Income (Expense), net
 
(6
)
 
1

 
(7
)
 
(13
)
 
(26
)
 
13

Income Taxes
 
321

 
158

 
163

 
497

 
189

 
308

Net Income
 
628

 
313

 
315

 
996

 
410

 
586

Dividends on Preferred and Preference Stock of Subsidiaries
 
17

 
16

 
1

 
34

 
32

 
2

NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK
 
$
611

 
$
297

 
$
314

 
$
962

 
$
378

 
$
584

 
 
 
 
 
 
 
 
 
 
 
 
 
Notes
 
 
 
 
 
 
 
 
 
 
 
 
- Certain prior year data has been reclassified to conform with current year presentation.
 
 
 
 
 
 
 
 
 
 
 
 
 
- All figures in this earnings release are preliminary and remain subject to the completion of normal quarter-end accounting procedures and adjustments, which could result in changes to these preliminary results. In addition, certain classifications and rounding may be different from final results published in the Form 10-Q.
 
 
 
 
 
 
 
 
 
 
 
 
 
 


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