Company: SOJE
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0000092122-25-000076
Chunk: 184

Company: SOUTHERN CO
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 184
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 Power are an integral part of these condensed financial statements.

20

    Table of Contents                                Index to Financial Statements

GEORGIA POWER COMPANY

CONDENSED 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:Retail revenues$2,765 $2,597 $5,395 $4,752 Wholesale revenues107 63 250 120 Other revenues238 215 503 401 Total operating revenues3,110 2,875 6,148 5,273 Operating Expenses:Fuel476 441 1,000 830 Purchased power, non-affiliates180 151 340 291 Purchased power, affiliates197 182 461 363 Other operations and maintenance645 438 1,283 953 Depreciation and amortization512 447 1,015 872 Taxes other than income taxes173 164 342 311 Total operating expenses2,183 1,823 4,441 3,620 Operating Income927 1,052 1,707 1,653 Other Income and (Expense):Allowance for equity funds used during construction56 33 104 72 Interest expense, net of amounts capitalized(198)(185)(385)(359)Other income (expense), net58 54 112 104 Total other income and (expense)(84)(98)(169)(183)Earnings Before Income Taxes843 954 1,538 1,470 Income taxes236 192 334 271 Net Income$607 $762 $1,204 $1,199 

CONDENSED STATEMENTS OF COMPREHENSIVE INCOME (UNAUDITED)

 For the Three Months Ended June 30,For the Six Months Ended June 30, 2025202420252024 (in millions)(in millions)Net Income$607 $762 $1,204 $1,199 Other comprehensive income:Qualifying hedges:Changes in fair value, net of tax of    $1, $—, $1, and $4, respectively4 — 2 12 Reclassification adjustment for amounts included in net income,    net of tax