Company: SOJE
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0000092122-25-000084
Chunk: 22

Company: SOUTHERN CO
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 22
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 Supplemental Cash Flow Information:Cash paid during the period for —Interest$69 $67 Income taxes, net25 35 Noncash transactions —Accrued property additions at end of period22 33 

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

28

    Table of Contents                                Index to Financial Statements

MISSISSIPPI POWER COMPANY

CONDENSED BALANCE SHEETS (UNAUDITED)

AssetsAt September 30, 2025At December 31, 2024 (in millions)Current Assets:Cash and cash equivalents$34 $13 Receivables —Customer accounts, net87 45 Unbilled revenues45 39 Affiliated40 33 Other accounts and notes23 24 Fossil fuel stock32 56 Materials and supplies103 103 Other regulatory assets44 43 Other current assets8 28 Total current assets416 384 Property, Plant, and Equipment:In service5,888 5,697 Less: Accumulated provision for depreciation1,919 1,833 Plant in service, net of depreciation3,969 3,864 Construction work in progress266 253 Total property, plant, and equipment4,235 4,117 Other Property and Investments146 152 Deferred Charges and Other Assets:Deferred charges related to income taxes26 27 Prepaid pension costs139 124 Deferred under recovered retail fuel clause revenues— 32 Regulatory assets – asset retirement obligations230 243 Other regulatory assets, deferred260 259 Accumulated deferred income taxes68 82 Other deferred charges and assets66 74 Total deferred charges and other assets789 841 Total Assets$5,586 $5,494 

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

29

    Table of Contents                                Index to Financial Statements

MISSISSIPPI POWER COMPANY

CONDENSED BALANCE SHEETS (UNAUDITED)

Liabilities and Stockholder's EquityAt September 30, 2025At December 31, 2024 (in millions)Current Liabilities:Securities due within one year$66 $12 Notes payable— 14 Accounts payable —Affiliated67 68 Other59 83 Customer deposits19 20 Accrued taxes125