SOUTHERN CO - FORM 8-K - EX-99.07 - EXHIBIT 99.07 - April 30, 2020

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EX-99.04 - EXHIBIT 99.04 - SOUTHERN COex9904-epsearningsanal.htm
EX-99.06 - EXHIBIT 99.06 - SOUTHERN COex9906-kilowattxhoursa.htm
EX-99.05 - EXHIBIT 99.05 - SOUTHERN COex9905-consolidatedear.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 99.07
 
 
Southern Company
Financial Overview
As Reported
(In Millions of Dollars)
 
Three Months Ended
March
 
2020
 
2019
 
% Change
Southern Company1, 2 –
 
 
 
 
 
Operating Revenues
$
5,018

 
$
5,412

 
(7.3
)%
Earnings Before Income Taxes
986

 
3,419

 
(71.2
)%
Net Income Available to Common
868

 
2,084

 
(58.3
)%
 
 
 
 
 
 
Alabama Power –
 
 
 
 
 
Operating Revenues
$
1,351

 
$
1,408

 
(4.0
)%
Earnings Before Income Taxes
368

 
283

 
30.0
 %
Net Income Available to Common
280

 
217

 
29.0
 %
 
 
 
 
 
 
Georgia Power –
 
 
 
 
 
Operating Revenues
$
1,825

 
$
1,833

 
(0.4
)%
Earnings Before Income Taxes
347

 
392

 
(11.5
)%
Net Income Available to Common
331

 
311

 
6.4
 %
 
 
 
 
 
 
Mississippi Power –
 
 
 
 
 
Operating Revenues
$
277

 
$
287

 
(3.5
)%
Earnings Before Income Taxes
38

 
44

 
(13.6
)%
Net Income Available to Common
32

 
37

 
(13.5
)%
 
 
 
 
 
 
Southern Power2 –
 
 
 
 
 
Operating Revenues
$
375

 
$
443

 
(15.3
)%
Earnings Before Income Taxes
51

 
18

 
183.3
 %
Net Income Available to Common
75

 
56

 
33.9
 %
 
 
 
 
 
 
Southern Company Gas –
 
 
 
 
 
Operating Revenues
$
1,249

 
$
1,474

 
(15.3
)%
Earnings Before Income Taxes
354

 
347

 
2.0
 %
Net Income Available to Common
275

 
270

 
1.9
 %
 
 
 
 
 
 
Notes
 
 
 
 
 
- See Financial Highlights pages for discussion of certain significant items occurring during the periods presented.
(1)
Earnings comparisons to the prior year were significantly impacted by the preliminary gain associated with the sale of Gulf Power Company on January 1, 2019.
(2)
Earnings and revenue comparisons to the prior year were significantly impacted by Southern Power Company's dispositions of Plant Nacogdoches on June 13, 2019 and Plant Mankato on January 17, 2020.


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