SOUTHERN CO - FORM 8-K - EX-99.05 - EXHIBIT 99.05 - April 30, 2020

Attached files

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EX-99.04 - EXHIBIT 99.04 - SOUTHERN COex9904-epsearningsanal.htm
EX-99.07 - EXHIBIT 99.07 - SOUTHERN COex9907-financialovervi.htm
EX-99.06 - EXHIBIT 99.06 - SOUTHERN COex9906-kilowattxhoursa.htm
EX-99.03 - EXHIBIT 99.03 - SOUTHERN COex9903-significantfact.htm
EX-99.02 - EXHIBIT 99.02 - SOUTHERN COex9902-financialhighli.htm
EX-99.01 - EXHIBIT 99.01 - SOUTHERN COex9901-pressreleaseq12.htm
8-K - 8-K - SOUTHERN COearnrelease8-kq12020.htm


Exhibit 99.05
 
 
Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)
 
Three Months Ended March
 
2020
 
2019
 
Change
Income Account-
 
 
 
 
 
Retail Electric Revenues-
 
 
 
 
 
Fuel
$
677

 
$
804

 
$
(127
)
Non-Fuel
2,401

 
2,280

 
121

Wholesale Electric Revenues
418

 
499

 
(81
)
Other Electric Revenues
151

 
168

 
(17
)
Natural Gas Revenues
1,249

 
1,474

 
(225
)
Other Revenues
122

 
187

 
(65
)
Total Revenues
5,018

 
5,412

 
(394
)
Fuel and Purchased Power
817

 
1,020

 
(203
)
Cost of Natural Gas
439

 
686

 
(247
)
Cost of Other Sales
55

 
118

 
(63
)
Non-Fuel O & M
1,296

 
1,314

 
(18
)
Depreciation and Amortization
857

 
751

 
106

Taxes Other Than Income Taxes
330

 
329

 
1

(Gain) Loss on Dispositions, net
(39
)
 
(2,497
)
 
2,458

Total Operating Expenses
3,755

 
1,721

 
2,034

Operating Income
1,263

 
3,691

 
(2,428
)
Allowance for Equity Funds Used During Construction
34

 
32

 
2

Earnings from Equity Method Investments
42

 
48

 
(6
)
Interest Expense, Net of Amounts Capitalized
456

 
430

 
26

Other Income (Expense), net
103

 
78

 
25

Income Taxes
145

 
1,360

 
(1,215
)
Net Income
841

 
2,059

 
(1,218
)
Less:
 
 
 
 
 
Dividends on Preferred Stock of Subsidiaries
4

 
4

 
—

Net Loss Attributable to Noncontrolling Interests
(31
)
 
(29
)
 
(2
)
NET INCOME ATTRIBUTABLE TO SOUTHERN COMPANY
$
868

 
$
2,084

 
$
(1,216
)
Notes
 
 
 
 
 
- Certain prior year data may have been reclassified to conform with current year presentation.
 


SOUTHERN CO Reports