What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to furnish information related to Southern Company's wholly-owned subsidiary, Southern Power Company, under Regulation FD. It is important to note that this information is presented as if Southern Power were an independent company and should not be assumed to be representative of Southern Company's overall business, financial condition, or prospects.

What are the key risks and uncertainties mentioned in the filing?

The filing lists several key risks and uncertainties that could impact future results, including federal and state regulatory changes (especially regarding utility deregulation), ongoing and future litigation (such as EPA actions and discrimination lawsuits), increased market competition, fluctuations in commodity prices and interest rates, changes in customer demand, economic conditions, performance of new business ventures, and the direct and indirect effects of the September 11, 2001, terrorist incidents.

Does Southern Company guarantee the accuracy of the forward-looking statements?

No, Southern Company explicitly states that it does not make any representation or warranty as to the accuracy or completeness of the forward-looking statements, nor does it give any assurance as to future results. The company also states it has no duty to update or revise these statements after the filing date.

Should investors base investment decisions solely on the information provided about Southern Power?

Investors should be cautious. The filing explicitly states that the information provided about Southern Power is not necessarily indicative of Southern Company taken as a whole, nor is it necessarily indicative of Southern Power's impact on Southern Company's overall business. Investors should consider this information within the broader context of Southern Company's complete financial reporting and risk factors.

SOUTHERN CO 8-K SEC Disclosure

Summary

This Current Report on Form 8-K filed by Southern Company (SO) on June 11, 2002, primarily focuses on providing information pertaining to its wholly-owned subsidiary, Southern Power Company. The filing is furnished under Regulation FD and explicitly states that the information related to Southern Power should not be assumed to be indicative of Southern Company as a whole or its other affiliates. Investors should exercise caution, as the information presented is not intended to be a determination of materiality or an invitation to invest based on this specific disclosure. The report includes a significant cautionary statement regarding forward-looking information, highlighting various factors that could materially affect actual results. These include regulatory changes in the electric utility industry, environmental laws, litigation (such as EPA actions and race discrimination suits), market competition, commodity price fluctuations, interest rates, customer demand, economic conditions, project performance, potential business strategies like acquisitions, the impact of the September 11, 2001, terrorist incidents, financial market conditions, and weather. Southern Company emphasizes that it does not guarantee the accuracy or completeness of these forward-looking statements and undertakes no obligation to update them.

Key Highlights

1The filing is an 8-K Current Report by Southern Company (SO) filed on June 11, 2002.
2The primary focus is on information related to its wholly-owned subsidiary, Southern Power Company.
3Information provided is furnished under Regulation FD and is not intended to be indicative of Southern Company as a whole.
4A significant cautionary statement addresses numerous risks and uncertainties affecting future results.
5Potential risks include regulatory changes, litigation, competition, commodity price volatility, and economic conditions.
6The report acknowledges the impact of the September 11, 2001, terrorist incidents.
7Southern Company disclaims responsibility for updating forward-looking statements.

SOUTHERN CO 8-K Report (Jun 11, 2002)

Summary

Key Highlights

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