Early Access

10-KPeriod: FY2009

SOUTHERN CO Annual Report, Year Ended Dec 31, 2009

Filed February 25, 2010For Securities:SOSOJESOJFSOJCSOJDSOMN

Summary

Southern Company's 2009 10-K filing presents a comprehensive overview of its operations and financial condition as of December 30, 2009. The report highlights the company's significant investments in construction programs and its robust financing strategies to support these endeavors. Fuel supply management and the competitive landscape within its service territories are also key areas of focus, underscoring the company's efforts to maintain operational efficiency and market position. Investors should note the emphasis on regulation and rate matters, which are critical to Southern Company's revenue generation and profitability. The filing also addresses risk factors, providing insight into potential challenges and their implications for the company's future performance. The detailed financial statements and management's discussion offer a deep dive into the company's financial health, operational performance, and outlook, essential for informed investment decisions.

Financial Statements
Beta
Revenue$15.74B
Operating Expenses$12.47B
Operating Income$3.27B
Net Income$1.71B
EPS (Basic)$2.07
EPS (Diluted)$2.06
Shares Outstanding (Basic)795.00M
Shares Outstanding (Diluted)796.00M

Key Highlights

  • 1The company is actively engaged in significant construction programs, requiring substantial capital investment and robust financing strategies.
  • 2Fuel supply management is a critical operational component, influencing costs and service reliability for its customers.
  • 3Southern Company operates within a regulated industry, making rate matters and regulatory decisions significant drivers of financial performance.
  • 4The filing outlines various risk factors that could impact the company's financial condition and results of operations, including regulatory, environmental, and economic risks.
  • 5The report provides a detailed breakdown of the business segments, territories served, and competitive dynamics faced by the traditional operating companies and Southern Power.
  • 6Information regarding executive officers across the parent company and its subsidiaries (Alabama Power, Georgia Power, Mississippi Power) is provided, offering transparency into leadership.

Frequently Asked Questions