SOUTHERN CO - FORM 8-K - EX-99.03 - EXHIBIT 99.03 - April 29, 2015

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8-K - 8-K - SOUTHERN COearnrelease8-kq12015.htm
EX-99.01 - EXHIBIT 99.01 - SOUTHERN COex9901-pressreleaseq12015.htm
EX-99.06 - EXHIBIT 99.06 - SOUTHERN COex9906-kilowattxhoursalesq.htm
EX-99.04 - EXHIBIT 99.04 - SOUTHERN COex9904-epsearningsanalysis.htm
EX-99.02 - EXHIBIT 99.02 - SOUTHERN COex9902-financialhighlights.htm
EX-99.07 - EXHIBIT 99.07 - SOUTHERN COex9907-financialoverviewq1.htm
EX-99.05 - EXHIBIT 99.05 - SOUTHERN COex9905-consolidatedearning.htm

Exhibit 99.03
 
Southern Company
Significant Factors Impacting EPS
 
 
 
 
 
Three Months Ended
March
 
 
2015
 
2014
 
Change
Consolidated Earnings Per Share–
 
 
 
 
 
 
As Reported (See Notes)
 
$
0.56

 
$
0.39

 
$
0.17

 
 
 
 
 
 
 
  Significant Factors:
 
 
 
 
 
 
  Traditional Operating Companies
 
 
 
 
 
$
0.18

  Increase in Shares
 
 
 
 
 
(0.01
)
  Total–As Reported
 
 
 
 
 
$
0.17

 
 
 
 
 
 
 
 
 
Three Months Ended
March
 
 
2015
 
2014
 
Change
Consolidated Earnings Per Share–
 
 
 
 
 
 
Excluding Items (See Notes)
 
$
0.56

 
$
0.66

 
$
(0.10
)
 
 
 
 
 
 
 
  Total–As Reported
 
 
 
 
 
$
0.17

  Estimated Loss on Kemper IGCC
 
 
 
 
 
(0.27
)
  Total–Excluding Items
 


 


 
$
(0.10
)
 
 
 
 
 
 
 
Notes
 
 
 
 
 
 
- For the three months ended March 31, 2015 and 2014, dilution does not change basic earnings per share by more than 1 cent and is not material.
 
 
 
 
 
 
 
- The estimated probable losses relating to Mississippi Power Company's construction of the integrated coal gasification combined cycle facility in Kemper County, Mississippi (Kemper IGCC) significantly impacted the presentation of earnings and earnings per share for the three months ended March 31, 2014 and any similar charges may occur with uncertain frequency.
 
 
 
 
 
 
 
- 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.

SOUTHERN CO Reports