| Business Summary | | The
Southern
Company
owns
various
power
companies
operating
in
the
Southern
United
States.
Southern
owns
all
the
outstanding
common
stock
of
Alabama
Power
Company
(Alabama),
Georgia
Power
Co.
(Georgia),
Gulf
Power
Co.,
Mississippi
Power
Co.
and
Savannah
Electric
and
Power
Company,
each
of
which
is
an
operating
public
utility
company.
These
integrated
Southeast
utilities
supply
electric
service
in
the
states
of
Alabama,
Georgia,
Florida,
Mississippi
and
Georgia,
respectively.
Southern
also
owns
Southern
Communications
Services,
Inc.
(Southern
LINC),
Southern
Nuclear
Operating
Company,
Inc.
(Southern
Nuclear),
Southern
Company
Services,
Inc.
(SCS),
Southern
Company
Energy
Solutions
(Energy
Solutions),
Southern
Telecom,
Inc.
(Southern
Telecom),
Southern
Power
Company
(SPC)
and
other
direct
and
indirect
subsidiaries. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | SO
is
a
holding
company
for
Alabama,
Georgia,
Gulf,
Mississippi
and
Savannah
public
utility
companies
as
well
as
Southern
LINC,
Southern
Nuclear,
Southern
Telecom,
SCS,
Energy
Solutions
and
other
subsidiaries.
For
the
six
months
ended
6/30/01,
revenues
rose
6%
to
$4.83
billion.
Net
income
from
continuing
operations
before
acct.
change
rose
10%
to
$449.1
million.
Results
reflect
growth
in
the
number
of
customers
and
lower
net
interest
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| H. Allen Franklin, 56 Chairman,
Pres, CEO | $1.9M | $126K | Gale Klappa, 50 CFO,
Exec. VP, Treasurer | -- | -- | W. Hairston, lll, 56 Pres
and CEO of Southern Nuclear | -- | -- | Elmer Harris, 61 Exec.
VP | 1.5M | -- | Ed Holland, 49 Exec.
VP, Gen. Counsel | -- | -- | Dollar
amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|