Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 193

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 193
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 Net income— — — 59 — 59 Capital contributions from parent company— — 7 — — 7 Cash dividends on common stock— — — (49)— (49)Other— — — 1 — 1 Balance at June 30, 20251 $38 $4,849 $(2,727)$4 $2,164 

The accompanying notes as they relate to Mississippi Power are an integral part of these condensed financial statements.

30

    Table of Contents                                Index to Financial Statements

SOUTHERN POWER COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

 For the Three Months Ended June 30,For the Six Months Ended June 30, 2025202420252024 (in millions)(in millions)Operating Revenues:Wholesale revenues, non-affiliates$424 $427 $870 $797 Wholesale revenues, affiliates114 86 229 179 Other revenues8 11 14 21 Total operating revenues546 524 1,113 997 Operating Expenses:Fuel147 132 355 288 Purchased power31 22 59 40 Other operations and maintenance135 119 257 241 Depreciation and amortization177 127 329 245 Taxes other than income taxes13 13 25 22 Total operating expenses503 413 1,025 836 Operating Income43 111 88 161 Other Income and (Expense):Interest expense, net of amounts capitalized(24)(30)(50)(59)Other income (expense), net3 3 6 6 Total other income and (expense)(21)(27)(44)(53)Earnings Before Income Taxes22 84 44 108 Income taxes (benefit)(2)13 (3)(1)Net Income24 71 47 109 Net loss attributable to noncontrolling interests(27)(15)(91)(73)Net Income Attributable to Southern Power$51 $86 $138 $182 

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

 For the Three Months Ended June 30,For the Six Months Ended June 30, 202520242025