MISSISSIPPI POWER CO - FORM 8-K - EX-99.05 - EXHIBIT - October 29, 2014

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8-K - 8-K - MISSISSIPPI POWER COearnrelease8-kq32014.htm
EX-99.02 - EXHIBIT - MISSISSIPPI POWER COex9902-financialhighlights.htm
EX-99.03 - EXHIBIT - MISSISSIPPI POWER COex9903-significantfactorsi.htm
EX-99.04 - EXHIBIT - MISSISSIPPI POWER COex9904-epsearningsanalysis.htm
EX-99.07 - EXHIBIT - MISSISSIPPI POWER COex9907-financialoverviewq3.htm
EX-99.01 - EXHIBIT - MISSISSIPPI POWER COex9901-pressreleaseq32014.htm
EX-99.06 - EXHIBIT - MISSISSIPPI POWER COex9906-kilowattxhoursalesq.htm


Exhibit 99.05
 
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended
September
 
Year-to-Date
September
 
 
2014
 
2013
 
Change
 
2014
 
2013
 
Change
Income Account-
 
 
 
 
 
 
 
 
 
 
 
 
Retail Revenues-
 
 
 
 
 
 
 
 
 
 
 
 
Fuel
 
$
1,483

 
$
1,435

 
$
48

 
$
4,255

 
$
3,830

 
$
425

Non-Fuel
 
3,075

 
2,884

 
191

 
7,931

 
7,407

 
524

Wholesale Revenues
 
600

 
520

 
80

 
1,719

 
1,406

 
313

Other Electric Revenues
 
169

 
166

 
3

 
503

 
477

 
26

Non-regulated Operating Revenues
 
12

 
12

 
—

 
42

 
40

 
2

Total Revenues
 
5,339

 
5,017

 
322

 
14,450

 
13,160

 
1,290

Fuel and Purchased Power
 
1,850

 
1,725

 
125

 
5,279

 
4,583

 
696

Non-Fuel O & M
 
1,021

 
928

 
93

 
3,026

 
2,849

 
177

Depreciation and Amortization
 
514

 
480

 
34

 
1,515

 
1,422

 
93

Taxes Other Than Income Taxes
 
258

 
243

 
15

 
751

 
710

 
41

Estimated Loss on Kemper IGCC
 
418

 
150

 
268

 
798

 
1,140

 
(342
)
Total Operating Expenses
 
4,061

 
3,526

 
535

 
11,369

 
10,704

 
665

Operating Income
 
1,278

 
1,491

 
(213
)
 
3,081

 
2,456

 
625

Allowance for Equity Funds Used During Construction
 
63

 
53

 
10

 
182

 
139

 
43

Interest Expense, Net of Amounts Capitalized
 
207

 
202

 
5

 
623

 
628

 
(5
)
Other Income (Expense), net
 
(7
)
 
(5
)
 
(2
)
 
(20
)
 
(31
)
 
11

Income Taxes
 
392

 
468

 
(76
)
 
889

 
657

 
232

Net Income
 
735

 
869

 
(134
)
 
1,731

 
1,279

 
452

Dividends on Preferred and Preference Stock of Subsidiaries
 
17

 
17

 
—

 
51

 
49

 
2

NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK
 
$
718

 
$
852

 
$
(134
)
 
$
1,680

 
$
1,230

 
$
450

 
 
 
 
 
 
 
 
 
 
 
 
 
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.