SOUTHERN CO
For the period ended Mar 31, 2024. Filed May 2, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2024 · Filed May 2, 2024
SO$93.65+0.1%Stored close · as of Nov 10, 2026
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Condensed Statements of Income
CONDENSED STATEMENTS OF INCOME (UNAUDITED)
| For the Three Months Ended March 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (in millions) | ||
| Operating Revenues: | ||
| Retail revenues | $2,155 | $1,981 |
| Wholesale revenues | 58 | 31 |
| Other revenues | 185 | 164 |
| Total operating revenues | 2,398 | 2,176 |
| Operating Expenses: | ||
| Fuel | 389 | 402 |
| Purchased power, non-affiliates | 140 | 123 |
| Purchased power, affiliates | 181 | 206 |
| Other operations and maintenance | 515 | 496 |
| Depreciation and amortization | 425 | 408 |
| Taxes other than income taxes | 147 | 131 |
| Total operating expenses | 1,797 | 1,766 |
| Operating Income | 601 | 410 |
| Other Income and (Expense): | ||
| Allowance for equity funds used during construction | 39 | 40 |
| Interest expense, net of amounts capitalized | (173) | (146) |
| Other income (expense), net | 49 | 45 |
| Total other income and (expense) | (85) | (61) |
| Earnings Before Income Taxes | 516 | 349 |
| Income taxes | 79 | 53 |
| Net Income | $437 | $296 |
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