SOUTHERN CO - FORM 8-K - EX-99.05 - EXHIBIT 99.05 - July 29, 2015

Attached files

file filename
8-K - 8-K - SOUTHERN COearnrelease8-kq22015.htm
EX-99.01 - EXHIBIT 99.01 - SOUTHERN COex9901-pressreleaseq22015.htm
EX-99.02 - EXHIBIT 99.02 - SOUTHERN COex9902-financialhighlights.htm
EX-99.07 - EXHIBIT 99.07 - SOUTHERN COex9907-financialoverviewq2.htm
EX-99.06 - EXHIBIT 99.06 - SOUTHERN COex9906-kilowattxhoursalesq.htm
EX-99.04 - EXHIBIT 99.04 - SOUTHERN COex9904-epsearningsanalysis.htm
EX-99.03 - EXHIBIT 99.03 - SOUTHERN COex9903-significantfactorsi.htm


Exhibit 99.05
 
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended June
 
Year-to-Date June
 
 
2015
 
2014
 
Change
 
2015
 
2014
 
Change
Income Account-
 
 
 
 
 
 
 
 
 
 
 
 
Retail Revenues-
 
 
 
 
 
 
 
 
 
 
 
 
Fuel
 
$
1,130

 
$
1,296

 
$
(166
)
 
$
2,218

 
$
2,772

 
$
(554
)
Non-Fuel
 
2,584

 
2,474

 
110

 
5,038

 
4,856

 
182

Wholesale Revenues
 
448

 
515

 
(67
)
 
915

 
1,119

 
(204
)
Other Electric Revenues
 
162

 
169

 
(7
)
 
325

 
334

 
(9
)
Other Revenues
 
13

 
13

 
—

 
24

 
30

 
(6
)
Total Revenues
 
4,337

 
4,467

 
(130
)
 
8,520

 
9,111

 
(591
)
Fuel and Purchased Power
 
1,371

 
1,595

 
(224
)
 
2,727

 
3,429

 
(702
)
Non-Fuel O & M
 
1,100

 
1,019

 
81

 
2,222

 
2,005

 
217

Depreciation and Amortization
 
500

 
504

 
(4
)
 
987

 
1,001

 
(14
)
Taxes Other Than Income Taxes
 
245

 
246

 
(1
)
 
497

 
493

 
4

Estimated Loss on Kemper IGCC
 
23

 
—

 
23

 
32

 
380

 
(348
)
Total Operating Expenses
 
3,239

 
3,364

 
(125
)
 
6,465

 
7,308

 
(843
)
Operating Income
 
1,098

 
1,103

 
(5
)
 
2,055

 
1,803

 
252

Allowance for Equity Funds Used During Construction
 
39

 
62

 
(23
)
 
102

 
119

 
(17
)
Interest Expense, Net of Amounts Capitalized
 
180

 
210

 
(30
)
 
393

 
416

 
(23
)
Other Income (Expense), net
 
(12
)
 
(6
)
 
(6
)
 
(19
)
 
(13
)
 
(6
)
Income Taxes
 
302

 
321

 
(19
)
 
576

 
497

 
79

Net Income
 
643

 
628

 
15

 
1,169

 
996

 
173

Dividends on Preferred and Preference Stock of Subsidiaries
 
14

 
17

 
(3
)
 
31

 
34

 
(3
)
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK
 
$
629

 
$
611

 
$
18

 
$
1,138

 
$
962

 
$
176

 
 
 
 
 
 
 
 
 
 
 
 
 
Notes
 
 
 
 
 
 
 
 
 
 
 
 
- Certain prior year data may have 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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