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Ex. 99.05

Southern Company
Consolidated Earnings
As Reported
(In Millions of Dollars)

	Three Months Ended December						Year-To-Date December
	2021		2020		Change		2021		2020		Change
Retail Electric Revenues-
Fuel	$	1,041	$	786	$	255	$	3,940	$	3,087	$	853
Non-Fuel	2,319		2,354		(35)		10,912		10,556		356
Wholesale Electric Revenues	633		472		161		2,455		1,945		510
Other Electric Revenues	193		188		5		718		672		46
Natural Gas Revenues	1,386		1,072		314		4,380		3,434		946
Other Revenues	195		245		(50)		708		681		27
Total Operating Revenues	5,767		5,117		650		23,113		20,375		2,738
Fuel and Purchased Power	1,346		965		381		4,988		3,766		1,222
Cost of Natural Gas	676		318		358		1,619		972		647
Cost of Other Sales	102		126		(24)		357		327		30
Non-Fuel O&M	1,833		1,628		205		6,088		5,413		675
Depreciation and Amortization	907		899		8		3,565		3,518		47
Taxes Other Than Income Taxes	321		302		19		1,290		1,234		56
Estimated Loss on Plant Vogtle Units 3 and 4	920		176		744		1,692		325		1,367
Impairment Charges	—		—		—		2		—		2
Gain on Dispositions, net	(7)		(26)		19		(186)		(65)		(121)
Total Operating Expenses	6,098		4,388		1,710		19,415		15,490		3,925
Operating Income (Loss)	(331)		729		(1,060)		3,698		4,885		(1,187)
Allowance for Equity Funds Used During Construction	50		43		7		190		149		41
Earnings from Equity Method Investments	41		48		(7)		76		153		(77)
Interest Expense, Net of Amounts Capitalized	485		478		7		1,837		1,821		16
Impairment of Leveraged Leases	—		52		(52)		7		206		(199)
Other Income (Expense), net	159		17		142		456		336		120
Income Taxes (Benefit)	(283)		(50)		(233)		267		393		(126)
Net Income (Loss)	(283)		357		(640)		2,309		3,103		(794)
Dividends on Preferred Stock of Subsidiaries	4		4		—		15		15		—
Net Loss Attributable to Noncontrolling Interests	(72)		(34)		(38)		(99)		(31)		(68)
NET INCOME (LOSS) ATTRIBUTABLE TO SOUTHERN COMPANY	$	(215)	$	387	$	(602)	$	2,393	$	3,119	$	(726)