Company: SOJE
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0000092122-25-000042
Chunk: 0

Company: SOUTHERN CO
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 0
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Item 1. Financial Statements (Unaudited).

 PageThe Southern Company and Subsidiary Companies:Condensed Consolidated Statements of Income10Condensed Consolidated Statements of Comprehensive Income11Condensed Consolidated Statements of Cash Flows12Condensed Consolidated Balance Sheets13Condensed Consolidated Statements of Stockholders' Equity15Alabama Power Company:Condensed Statements of Income16Condensed Statements of Comprehensive Income16Condensed Statements of Cash Flows17Condensed Balance Sheets18Condensed Statements of Common Stockholder's Equity20Georgia Power Company:Condensed Statements of Income21Condensed Statements of Comprehensive Income21Condensed Statements of Cash Flows22Condensed Balance Sheets23Condensed Statements of Common Stockholder's Equity25Mississippi Power Company:Condensed Statements of Income26Condensed Statements of Comprehensive Income26Condensed Statements of Cash Flows27Condensed Balance Sheets28Condensed Statements of Common Stockholder's Equity30Southern Power Company and Subsidiary Companies:Condensed Consolidated Statements of Income31Condensed Consolidated Statements of Comprehensive Income31Condensed Consolidated Statements of Cash Flows32Condensed Consolidated Balance Sheets33Condensed Consolidated Statements of Stockholders' Equity35Southern Company Gas and Subsidiary Companies:Condensed Consolidated Statements of Income36Condensed Consolidated Statements of Comprehensive Income36Condensed Consolidated Statements of Cash Flows37Condensed Consolidated Balance Sheets38Condensed Consolidated Statements of Stockholder's Equity40Combined Notes to the Condensed Financial Statements41

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    Table of Contents                                Index to Financial Statements

THE SOUTHERN COMPANY AND SUBSIDIARY COMPANIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

 For the Three Months Ended March 31, 20252024 (in millions)Operating Revenues:Retail electric revenues$4,601 $3,941 Wholesale electric revenues744 571 Other electric revenues242 199 Natural gas revenues (includes alternative revenue programs of $(19) and $34, respectively)1,839 1,707 Other revenues349 228 Total operating revenues7,775 6,646 Operating Expenses:Fuel1,292 996 Purchased power250 198 Cost of natural gas674 605 Cost of other sales199 131 Other operations and maintenance1,619 1,472 Depreciation and amortization1,286 1,145 Taxes other