10-QPeriod: Q2 FY2004

SOUTHERN CO Quarterly Report for Q2 Ended Jun 30, 2004

Filed August 5, 2004For Securities:SOSOJESOJFSOJCSOJDSOMN

Summary

Southern Company (SO) reported its second-quarter financial results for the period ending June 29, 2004. The filing, a 10-Q, provides unaudited financial statements and management's discussion and analysis for the company and its major subsidiaries, including Alabama Power, Georgia Power, and others. Investors should focus on the "Management's Discussion and Analysis of Results of Operations and Financial Condition" sections for a detailed understanding of the company's performance and its drivers. The report covers the consolidated operations of The Southern Company and its various utility and power generation subsidiaries. While the provided excerpt lists the various financial statements and disclosures, a thorough review would require examining the detailed figures within these statements, particularly the Condensed Consolidated Statements of Income and Balance Sheets, to assess revenue trends, profitability, debt levels, and overall financial health. Investors should pay close attention to any discussions regarding regulatory matters, capital expenditures, and economic conditions impacting the utility sector.

Key Highlights

  • 1The filing covers the unaudited financial results for the quarter ending June 29, 2004.
  • 2It includes detailed financial statements for The Southern Company and its key subsidiaries (Alabama Power, Georgia Power, Gulf Power, Mississippi Power, Savannah Electric, and Southern Power).
  • 3Management's Discussion and Analysis (MD&A) sections are available for both the consolidated entity and its individual subsidiaries, offering insights into operational performance.
  • 4The report contains disclosures on market risk.
  • 5Information regarding controls and procedures is also included.
  • 6Part II of the filing addresses legal proceedings, among other general corporate information.
  • 7Key financial statements include Statements of Income, Cash Flows, Balance Sheets, and Comprehensive Income for the period.

Frequently Asked Questions

This 10-Q filing provides the unaudited quarterly financial results for The Southern Company and its subsidiaries for the period ending June 29, 2004. It includes detailed financial statements and Management's Discussion and Analysis (MD&A) sections to explain the company's performance and financial condition.

The report provides separate financial information and MD&A for Alabama Power Company, Georgia Power Company, Gulf Power Company, Mississippi Power Company, Savannah Electric and Power Company, and Southern Power Company, in addition to the consolidated results for The Southern Company.

Detailed information about the company's revenue, expenses, and profitability can be found in the "Condensed Consolidated Statements of Income" for The Southern Company and the corresponding "Condensed Statements of Income" for each subsidiary, as well as within the "Management's Discussion and Analysis of Results of Operations and Financial Condition" sections.

Beyond the income statements, the filing includes "Condensed Consolidated Balance Sheets" to show assets, liabilities, and equity, and "Condensed Consolidated Statements of Cash Flows" to detail cash inflows and outflows. There are also disclosures on market risk and controls and procedures.