Company: SOJE
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0000092122-25-000018
Chunk: 643

Company: SOUTHERN CO
Filing Date: 2025-02-20
Form: 10-K
Item: Item 7
Chunk 643
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(200)— — Capital contributions from parent company68 68 68 Payment of common stock dividends(188)(185)(170)Other financing activities(2)(3)(1)Net cash used for financing activities(58)(20)(68)Net Change in Cash, Cash Equivalents, and Restricted Cash(25)(21)(2)Cash, Cash Equivalents, and Restricted Cash at Beginning of Year38 59 61 Cash, Cash Equivalents, and Restricted Cash at End of Year$13 $38 $59 Supplemental Cash Flow Information:Cash paid during the period for —Interest$74 $66 $55 Income taxes, net51 52 33 Noncash transactions — Accrued property additions at year-end36 34 22 

The accompanying notes are an integral part of these financial statements. 

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    Table of Contents                                Index to Financial Statements

BALANCE SHEETS

At December 31, 2024 and 2023

Mississippi Power Company

Assets20242023(in millions)Current Assets:Cash and cash equivalents$13 $38 Receivables —Customer accounts, net45 36 Unbilled revenues39 40 Affiliated33 29 Other accounts and notes24 20 Fossil fuel stock56 47 Materials and supplies103 89 Other regulatory assets43 56 Other current assets28 10 Total current assets384 365 Property, Plant, and Equipment:In service5,697 5,523 Less: Accumulated provision for depreciation1,833 1,792 Plant in service, net of depreciation3,864 3,731 Construction work in progress253 203 Total property, plant, and equipment4,117 3,934 Other Property and Investments152 158 Deferred Charges and Other Assets:Deferred charges related to income taxes27 28 Prepaid pension costs124 99 Deferred under recovered retail fuel clause revenues32 50 Regulatory assets – asset retirement obligations243 244 Other regulatory assets, deferred259 285 Accumulated deferred income taxes82 96 Other deferred charges and assets74 85 Total deferred charges and other assets841 887 Total Assets$5,494 $5,344 

The accompanying notes are an integral part of these financial statements.

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