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. |
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8-K Filing
Southern Power 8-KResults of Operations and Financial Condition
Filed: 30 Apr 20, 8:26am