Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 411

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 2
Chunk 411
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 FINANCIAL CONDITIONAND RESULTS OF OPERATIONS (Continued)

The net cash provided from financing activities for the six months ended June 30, 2025 was primarily related to net issuances of long-term debt, partially offset by common stock dividend payments.

Alabama Power

Net cash provided from operating activities decreased $199 million for the six months ended June 30, 2025 as compared to the corresponding period in 2024 primarily due to a decrease in fuel cost recovery and customer refunds associated with the nuclear fuel disposal cost award, partially offset by the timing of vendor payments. See Note 3 to the financial statements under "Nuclear Fuel Disposal Cost" in Item 8 of the Form 10-K for additional information.

The net cash used for investing activities for the six months ended June 30, 2025 was primarily related to gross property additions.

The net cash provided from financing activities for the six months ended June 30, 2025 was primarily related to capital contributions from Southern Company and net issuances of senior notes, partially offset by common stock dividend payments.

Georgia Power

Net cash provided from operating activities decreased $345 million for the six months ended June 30, 2025 as compared to the corresponding period in 2024 primarily due to the timing of vendor payments and storm restoration costs, partially offset by the timing of customer receivable collections. See Note 2 to the financial statements under "Georgia Power – Storm Damage Recovery" in Item 8 of the Form 10-K for additional information relating to storm restoration costs.

The net cash used for investing activities for the six months ended June 30, 2025 was primarily related to gross property additions.

The net cash provided from financing activities for the six months ended June 30, 2025 was primarily related to capital contributions from Southern Company and net issuances of senior notes, partially offset by common stock dividend payments.

Mississippi Power

Net cash provided from operating activities decreased $7 million for the six months ended June 30, 2025 as compared to the corresponding period in 2024 primarily due to decreased fuel cost recovery, partially offset by the timing of fossil fuel stock purchases.

The net cash used for investing activities for the six months ended June 30, 2025 was primarily related to gross property additions, partially offset by contributions in aid of construction.

The net cash provided from financing activities for the six months ended June 30, 2025 was primarily related to issuances of senior notes and capital contributions from Southern Company, partially