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Southern Co Services Inc – ‘U-13-60’ for 12/31/03

On: Friday, 4/30/04, at 5:55pm ET · Effective: 4/30/04 · For: 12/31/03 · Accession #: 92122-4-174 · File #: 49-00059

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer               Agent

 4/30/04  Southern Co Services Inc          U-13-60    12/31/03    1:102K                                   Southern Co

Annual Report of a Mutual or Subsidiary Service Company — Form U-13-60
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: U-13-60     Annual Report of a Mutual or Subsidiary Service       59    208K 
                          Company

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Donations General Advertising Expenses Miscellaneous General Expenses Other Deductions Rents Summary Taxes Other Than Income Taxes
1	1st Page - Filing Submission
13	Summary
46	General Advertising Expenses
47	Miscellaneous General Expenses
48	Rents
49	Taxes Other Than Income Taxes
50	Donations
53	Other Deductions

U-13-60 1st Page of 59 TOC ↑Top Previous Next ↓Bottom Just 1st
 
Form U-13-60
 Mutual and Subsidiary Service Companies
Revised February 7, 1980

 ANNUAL REPORT

For The Period

Beginning January 1, 2003 and Ending December 31, 2003

TO THE

U. S. SECURITIES AND EXCHANGE COMMISSION

OF

 SOUTHERN COMPANY SERVICES, INC.
 (Exact Name of Reporting Company)

           SUBSIDIARY            SERVICE COMPANY
------------------------------              
("Mutual" or "Subsidiary")            

Date of Incorporation April 21, 1949                          
If not Incorporated, Date of Organization                     

 State or Sovereign Power Under Which Incorporated or Organized State of Alabama

Location of Principal Executive Offices of Reporting Company  
241 Ralph McGill Blvd., NE
 Atlanta, Georgia 30308-3374

       Name, title, and address of officer to whom correspondence concerning
this report should be addressed:                                                

                 Senior Vice                        241 Ralph McGill Blvd., NE
W. Dean Hudson    President, Comptroller             Atlanta, Georgia 30308-3374
and Chief Financial Officer                 

Name of Principal Holding Company Whose Subsidiaries are served by Reporting    
Company:                                                                        

THE SOUTHERN COMPANY

U-13-60 2nd Page of 59 TOC 1st Previous Next ↓Bottom Just 2nd
INSTRUCTIONS FOR USE OF FORM U-13-60

  1.  Time of Filing.--Rule 94 provides that on or before the first day of
 May in each calendar year, each mutual service company and each
         subsidiary service company as to which the Commission shall have made a
        favorable finding pursuant to Rule 88, and every service company whose
        application for approval or declaration pursuant to Rule 88 is pending
        shall file with the Commission an annual report on form U-13-60 and in
accordance with the Instructions for that form.               

    2.  Number of Copies.--Each annual report shall be filed in duplicate. The
         company should prepare and retain at least one extra copy for itself in
    case correspondence with reference to the report become necessary.

    3.  Period Covered by Report.--The first report filed by any company shall
   cover the period from the date the Uniform System of Accounts was
        required to be made effective as to that company under Rules 82 and 93
     to the end of that calendar year. Subsequent reports should cover a
calendar year.                                                

     4.  Report Format.--Reports shall be submitted on the forms prepared by the
Commission. If the space provided on any sheet of such form is
     inadequate, additional sheets may be inserted of the same size as a
sheet of the form or folded to such size.                     

 5.  Money Amounts Displayed.--All money amounts required to be shown in
         financial statements may be expressed in whole dollars, in thousands of
        dollars or in hundred thousands of dollars, as appropriate and subject
to provisions of Regulation S-X (210.3-01(b)).                

     6.  Deficits Displayed.--Deficits and other like entries shall be indicated
   by the use of either brackets or a parenthesis with corresponding
reference in footnotes. (Regulation S-X, 210.3-01(c))         

7.  Major Amendments or Corrections.--Any company desiring to amend or
       correct a major omission or error in a report after it has been filed
         with the Commission shall submit an amended report including only those
      pages, schedules, and entries that are to be amended or corrected. A
cover letter shall be submitted requesting the Commission to  
      incorporate the amended report changes and shall be signed by a duly
authorized officer of the company.                            

    8.  Definitions.--Definitions contained in Instruction 01-8 to the Uniform
        System of Accounts for Mutual Service companies and Subsidiary Service
   companies, Public Utility Holding Company Act of 1935, as amended
February 2, 1979 shall be applicable to words or terms used   
specifically within this Form U-13-60.                        

    9.  Organization Chart.--The service company shall submit with each annual
report a copy of its current organization chart.              

10.  Methods of Allocation.--The service company shall submit with each 
annual report a listing of the currently effective methods of 
   allocation being used by the service company and on file with the
   Securities and Exchange Commission pursuant to the Public Utility
Holding Company Act of 1935.                                  

11.  Annual Statement of Compensation for Use of Capital Billed.--The   
    service company shall submit with each annual report a copy of the
       annual statement supplied to each associate company in support of the
      amount of compensation for use of capital billed during the calendar
year.                                                         

U-13-60 3rd Page of 59 TOC 1st Previous Next ↓Bottom Just 3rd
2                                                                               

LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS                       

                                              Schedule or       Page
Description of Schedules and Accounts             Account Number    Number    

COMPARATIVE BALANCE SHEET                        Schedule I         4   
-------------------------                                               

SERVICE COMPANY PROPERTY                      Schedule II        5

ACCUMULATED PROVISION FOR DEPRECIATION                            
AND AMORTIZATION OF SERVICE COMPANY                         
        PROPERTY                              Schedule III       6

INVESTMENTS                                   Schedule IV        7

ACCOUNTS RECEIVABLE FROM ASSOCIATE                                
   COMPANIES                                  Schedule V         8

FUEL STOCK EXPENSES UNDISTRIBUTED             Schedule VI        9

 STORES EXPENSE UNDISTRIBUTED                  Schedule VII       10

MISCELLANEOUS CURRENT AND ACCRUED                                 
    ASSETS                                     Schedule VIII      11

 MISCELLANEOUS DEFERRED DEBITS                 Schedule IX        12

RESEARCH, DEVELOPMENT, OR DEMONSTRATION                           
    EXPENDITURES                               Schedule X         13

 PROPRIETARY CAPITAL                           Schedule XI        14

 LONG-TERM DEBT                                Schedule XII       15

 CURRENT AND ACCRUED LIABILITIES               Schedule XIII      16

 NOTES TO FINANCIAL STATEMENTS                 Schedule XIV       17

COMPARATIVE INCOME STATEMENT                     Schedule XV        18  
----------------------------                                            

ANALYSIS OF BILLING - ASSOCIATE                                   
   COMPANIES                                   Account 457        19

ANALYSIS OF BILLING - NONASSOCIATE                                
    COMPANIES                                  Account 458        20

ANALYSIS OF CHARGES FOR SERVICE - ASSOCIATE                       
    AND NONASSOCIATE COMPANIES                 Schedule XVI       21

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                                                                               3
LISTING OF SCHEDULES AND ANALYSIS OF ACCOUNTS  (Continued)          
---------------------------------------------                       

                                                Schedule or       Page
  Description of Schedules and Accounts         Account Number    Number

SCHEDULE OF EXPENSE BY DEPARTMENT OR                    
         SERVICE FUNCTION                      Schedule XVII      22

      DEPARTMENTAL ANALYSIS OF SALARIES        Account 920        23

      OUTSIDE SERVICES EMPLOYED                Account 923        24

      EMPLOYEE PENSIONS AND BENEFITS           Account 926        25

      GENERAL ADVERTISING EXPENSES             Account 930.1      26

      MISCELLANEOUS GENERAL EXPENSES           Account 930.2      27

      RENTS                                    Account 931        28

      TAXES OTHER THAN INCOME TAXES            Account 408        29

      DONATIONS                                Account 426.1      30

      OTHER DEDUCTIONS                         Account 426.5      31

      NOTES TO STATEMENT OF INCOME             Schedule XVIII     32

      ORGANIZATION CHART                                          33
------------------                                      

      METHODS OF ALLOCATION                                       34
---------------------                                   

ANNUAL STATEMENT OF COMPENSATION FOR USE                

         OF CAPITAL BILLED                                        35
-----------------                                 

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4                                                                               
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

SCHEDULE I - COMPARATIVE BALANCE SHEET

Give balance sheet of the Company as of December 31 of the current and prior    
year.                                                                           

                                                        [Enlarge/Download Table]


ACCOUNT                     ASSETS AND OTHER DEBITS                    AS OF DECEMBER 31   
-------                     -----------------------                    -----------------   
                                                                       CURRENT      PRIOR  
                                                                       -------      -----  
         SERVICE COMPANY PROPERTY                                                          

                                                                                           
    101      Service company property (Schedule II)                    248,281      238,255
    107      Construction work in progress (Schedule II)                   241          194
                                                                       -------      -------
                Total Property                                         248,522      238,449
                                                                       -------      -------
    108      Less accumulated provision for depreciation                                   
                and amortization of service company                                        
                property (Schedule III)                                130,780      108,060
                                                                       -------      -------
                    Net Service Company Property                       117,742      130,389
                                                                       -------      -------

         INVESTMENTS                                                                       

    123      Investments in associate companies (Schedule IV)             -            -   
    124      Other investments (Schedule IV)                             8,849        7,202
                                                                       -------      -------
                Total Investments                                        8,849        7,202
                                                                       -------      -------

         CURRENT AND ACCRUED ASSETS                                                        

    131      Cash                                                        3,379        5,237
    134      Special deposits                                             -            -   
    135      Working funds                                                -            -   
    136      Temporary cash investments (Schedule IV)                    1,500       14,100
    141      Notes receivable                                             -            -   
    143      Accounts receivable                                       109,434      114,808
    146      Accounts receivable from associate                                            
                companies (Schedule V)                                 260,195      256,206
    152      Fuel stock expenses undistributed (Schedule VI)              -            -   
    154      Materials and supplies                                      1,192        1,341
    163      Stores expense undistributed (Schedule VII)                  -            -   
    165      Prepayments                                                65,184       72,498
    174      Miscellaneous current and accrued assets (Schedule VIII)    1,037        2,548
                                                                       -------      -------
                    Total Current and Accrued Assets                   441,921      466,738
                                                                       -------      -------

         DEFERRED DEBITS                                                                   

    181      Unamortized debt expense                                      191          222
    184      Clearing accounts                                             344          526
    186      Miscellaneous deferred debits (Schedule IX)                34,010       29,432
    188      Research, development, or demonstration                                       
                expenditures (Schedule X)                                 -            -   
    190      Accumulated deferred income taxes                          10,661        8,071
                                                                       -------      -------
                    Total Deferred Debits                               45,206       38,251
                                                                       -------      -------

                    TOTAL ASSETS AND OTHER DEBITS                      613,718      642,580
                                                                       =======      =======


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4A                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

(Thousands of Dollars)

SCHEDULE I - COMPARATIVE BALANCE SHEET (Continued)

                                                                [Download Table]


ACCOUNT             LIABILITIES AND PROPRIETARY CAPITAL         AS OF DECEMBER 31   
-------             -----------------------------------         -----------------   
                                                                CURRENT      PRIOR  
                                                                -------      -----  

         PROPRIETARY CAPITAL                                                        

                                                                                    
    201      Common stock issued (Schedule XI)                     725          725 
    211      Miscellaneous paid-in-capital (Schedule XI)       (19,650)     (14,840)
    215      Appropriated retained earnings (Schedule XI)         -            -    
    216      Unappropriated retained earnings                                       
                (Schedule XI)                                     -            -    
                                                               -------      ------- 
                    Total Proprietary Capital                  (18,925)     (14,115)
                                                               -------      ------- 

         LONG-TERM DEBT                                                             

    223      Advances from associate companies (Schedule XII)     -            -    
    224      Other long-term debt (Schedule XII)                51,041       52,145 
    225      Unamortized premium on long-term debt                -            -    
    226      Unamortized discount on long-term debt-debit         -            -    
                                                               -------      ------- 
                    Total Long-Term Debt                        51,041       52,145 
                                                               -------      ------- 

         CURRENT AND ACCRUED LIABILITIES                                            

    231      Notes payable                                       8,031        8,280 
    232      Accounts payable                                  161,973      154,185 
    233      Notes payable to associated companies                                  
                (Schedule XIII)                                   -            -    
    234      Accounts payable to associate companies                                
                (Schedule XIII)                                 61,986      111,434 
    236      Taxes accrued                                         657          622 
    237      Interest accrued                                      136          127 
    238      Dividends declared                                   -            -    
    241      Tax collections payable                             1,213        4,388 
    242      Miscellaneous current and accrued                                      
                liabilities (Schedule XIII)                    162,477      165,772 
                                                               -------      ------- 
                    Total Current and Accrued Liabilities      396,473      444,808 
                                                               -------      ------- 

         DEFERRED CREDITS                                                           

    253      Other deferred credits                            185,129      159,742 
    255      Accumulated deferred investment tax credits          -            -    
                                                               -------      ------- 
                    Total Deferred Credits                     185,129      159,742 
                                                               -------      ------- 

    282  ACCUMULATED DEFERRED INCOME TAXES                        -            -    
         ---------------------------------                     -------      ------- 

                    TOTAL LIABILITIES AND PROPRIETARY                               
                      CAPITAL                                  613,718      642,580 
                                                               =======      ======= 


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5                                                                               
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE II

SERVICE COMPANY PROPERTY

                                                        [Enlarge/Download Table]


                                 BALANCE AT                                     BALANCE AT
                                 BEGINNING              RETIREMENTS  OTHER 1/    CLOSE OF 
      DESCRIPTION                 OF YEAR    ADDITIONS   OR SALES    CHANGES       YEAR   
      -----------                ----------  ---------  -----------  -------   -----------

SERVICE COMPANY PROPERTY                                                                  

Account                                                                                   

                                                                                          
301     ORGANIZATION                  -           -          -         -             -    
303     MISCELLANEOUS                                                                     
        INTANGIBLE PLANT              -           -          -         -             -    
304     LAND & LAND RIGHTS            -           -          -         -             -    
305     STRUCTURES AND                                                                    
        IMPROVEMENTS                2,103         107        -         -           2,210  
306     LEASEHOLD                                                                         
        IMPROVEMENTS               17,213         191        -         (36)       17,368  
307     EQUIPMENT 2/               68,257       2,487     (2,383)      424        68,785  
307     GATX CAPITAL LEASES 2/      8,858       9,322        -         -          18,180  
307     MISC. CAPITAL LEASES 2/     5,317         183        -         -           5,500  
308     OFFICE FURNITURE                                                                  
        AND EQUIPMENT 2/           19,362       2,988       (128)       59        22,281  
309     AUTOMOBILES, OTHER                                                                
        VEHICLES AND                                                                      
        RELATED GARAGE                                                                    
        EQUIPMENT 2/                  806         139        (72)      -             873  
310     AIRCRAFT AND                                                                      
        AIRPORT EQUIPMENT 2/       60,064          56     (4,660)      (50)       55,410  
311     OTHER SERVICE COMPANY                                                             
        PROPERTY 2/ 3/             56,275       2,790     (1,037)     (354)       57,674  
                                  -------      ------     ------      ----       -------  

          SUB-TOTAL               238,255      18,263     (8,280)       43       248,281  
                                  -------      ------     ------      ----       -------  

107     CONSTRUCTION WORK                                                                 
        IN PROGRESS 4/                194         467        -        (420)          241  
                                  -------      ------     ------      ----       -------  

          TOTAL                   238,449      18,730     (8,280)     (377)      248,522  
                                  =======      ======     ======      ====       =======  


1/ PROVIDE AN EXPLANATION OF THOSE CHANGES CONSIDERED MATERIAL:                 

Re-classed assets from Software category to Equipment Category for 250.         
Transferred Construction Work In Progress accounts to Software Category for     
(420).                                                                          

( ) Denotes red figure                                                          

(Continued on Page 5A)

U-13-60 8th Page of 59 TOC 1st Previous Next ↓Bottom Just 8th
                                                                              5A
 SCHEDULE II-CONTINUED

(Thousands of Dollars)

2/   SUBACCOUNTS ARE REQUIRED FOR EACH CLASS OF EQUIPMENT OWNED. THE SERVICE    
     COMPANY SHALL PROVIDE A LISTING BY SUBACCOUNT OF EQUIPMENT ADDITIONS DURING
THE YEAR AND THE BALANCE AT THE CLOSE OF THE YEAR:                    

                                                                  BALANCE AT
                                                                  CLOSE OF
SEC/CLASS   SUBACCOUNT DESCRIPTION                  ADDITIONS          YEAR     
---------   ----------------------                  ---------       ----------  

307/02      Research & Laboratory Equip.               180            10,029    
307/04      Personal Computer Equip.                 2,277            48,365    
307/05      Mainframe Computer Equipment                 2             5,279    
307/11      Telephone Systems                           21             3,918    
307/12      Telecommunications Equip.                    7             1,194    
307/101     GATX Capital Leases                      9,322            18,180    
307/102     Misc. Capital Leases                       183             5,500    
308/01      Furniture & Fixtures                     1,079            13,392    
308/09       Data Handling Equipment                                            
          & Miscellaneous                        1,909             8,889
309/08      Autos, Trucks & Trailers                   139               873    
310/07      Aircraft                                    56            55,410    
311/10      Software                                 2,790            56,003    
311/13      Coal Pilot Scale Combustion                                         
          Facility                                 -               1,671
                                            ----------         ---------

                      TOTAL                     17,965           228,703
                                                ======           =======

3/      DESCRIBE OTHER SERVICE COMPANY PROPERTY:                                

1.   Purchased computer software and software licenses.     
2.   Pulverized coal pilot scale combustion facility.       

4/     DESCRIBE CONSTRUCTION WORK IN PROGRESS:                                  

        Construction Work in Progress ending balance of $241 is for software
     development of GIMS (hardware/software) and Sea Crate (Equipment)
projects.                                                   

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6                                                                               
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

SCHEDULE III

ACCUMULATED PROVISION FOR DEPRECIATION AND
AMORTIZATION OF SERVICE COMPANY PROPERTY

                                                        [Enlarge/Download Table]


                                          ADDITIONS               OTHER                     
                              BALANCE AT   CHARGED                CHARGES      BALANCE AT   
                              BEGINNING      TO                    ADD  (1)     CLOSE OF    
      DESCRIPTION              OF YEAR    ACCT #403  RETIREMENTS  (DEDUCT)        YEAR      
      -----------             ---------   ---------  -----------  --------   ---------------

Account                                                                                     

                                                                                            
301     ORGANIZATION                -           -          -          -           -         

303     MISCELLANEOUS                                                                       
        INTANGIBLE PLANT            -           -          -          -           -         

304     LAND & LAND RIGHTS          -           -          -          -           -         

305     STRUCTURES AND                                                                      
        IMPROVEMENTS            1,482          85          -          1       1,568         

306     LEASEHOLD                                                                           
        IMPROVEMENTS            7,313       1,441          -         (4)      8,750         

307     EQUIPMENT              46,880       9,099     (1,834)        45      54,190         

307     GATX CAPITAL LEASES       959           -          -      3,444       4,403         

307     MISC, CAPITAL LEASES    3,292           -          -      1,557       4,849         

308     OFFICE FURNITURE                                                                    
        AND FIXTURES           10,774       1,605       (114)         4      12,269         

309     AUTOMOBILES, OTHER                                                                  
        VEHICLES AND                                                                        
        RELATED GARAGE                                                                      
        EQUIPMENT                 670          46        (72)        (2)        642         

310     AIRCRAFT AND                                                                        
        AIRPORT EQUIPMENT       5,948       2,394     (2,334)         2       6,010         

311     OTHER SERVICE                                                                       
        COMPANY PROPERTY       30,742       7,818       (435)       (26)     38,099         
                              -------      ------     ------      -----     -------         

        TOTAL                 108,060      22,488     (4,789)     5,021     130,780         
                              =======      ======     ======      =====     =======         


(1)         Provide an explanation of those charges considered material: GATX   
         Capital Leases, 3,444 and Misc. Capital Leases, 1,557 amortize to
Rent Expense Account 931-00021.                         

( ) Denotes red figure.                                                         

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                                                                               7
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE IV

 INVESTMENTS

INSTRUCTIONS:  Complete the following schedule concerning investments.          

           Under Account 124, "Other Investments", state each investment
         separately, with description, including the name of issuing
 company, number of shares or principal amount, etc.

        Under Account 136, "Temporary Cash Investments", list each
investment separately.                            

                                              BALANCE AT        BALANCE AT
                                             BEGINNING          CLOSE OF
 DESCRIPTION                               OF YEAR            YEAR
     -----------                              ----------        ----------

ACCOUNT 123 - INVESTMENT IN ASSOCIATE                                           
         COMPANIES                                  -                -

ACCOUNT 124 - OTHER INVESTMENTS                                                 

Change in Control Trust                          6,566            8,392 
Employee Energy Loans                              562              386 
ACE Limited - Reserve                               69               69 
Employee Computer Loans                              5                2 
                                              -------          -------
   Subtotal                                     7,202            8,849

ACCOUNT 136 - TEMPORARY CASH INVESTMENTS            14,100            1,500     
                                              -------          -------
   TOTAL                                       21,302           10,349
                                              =======          =======

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8                                                                               
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

SCHEDULE V

ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES

INSTRUCTIONS:            Complete the following schedule listing accounts       
                   receivable from each associate company. Where the
               service company has provided accommodation or
                 convenience payments for associate companies, a
                       separate listing of total payments for each associate
           company by subaccount should be provided.

                                             BALANCE AT       BALANCE AT
                                            BEGINNING         CLOSE OF
 DESCRIPTION                               OF YEAR            YEAR
     -----------                            -------------      -----------

ACCOUNT 146 - ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES                      

The Southern Company                            6,619           6,997   
Alabama Power Company                          67,524          82,795   
Georgia Power Company                          92,647          67,642   
Gulf Power Company                             17,920          19,492   
Mississippi Power Company                      23,574          21,525   
Savannah Electric and Power Company             7,248           7,925   
Southern Communications Services, Inc.          1,544           1,540   
Southern Company Energy Solutions, LLC            630             265   
Southern Company Gas, LLC                      19,294          17,928   
Southern Company Holdings, Inc.                 1,342             650   
Southern Company Rail Services                    -               130   
Southern Electric Generating Company            1,245             910   
Southern Electric Railroad Company                492             342   
Southern Information Holding Company, Inc.          1             -     
Southern Management Development, Inc.             428             375   
Southern Nuclear Operating Company, Inc.        9,524           9,244   
Southern Power Company                          5,668          22,325   
Southern Telecom, Inc.                            506             110   
                                          --------        --------

 TOTAL                                     256,206         260,195
                                          ========        ========

(Continued on Page 8A)                                                          

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                                                                            8A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)
 (Continued)

SCHEDULE V

ACCOUNTS RECEIVABLE FROM ASSOCIATE COMPANIES

INSTRUCTIONS:            Complete the following schedule listing accounts       
                   receivable from each associate company. Where the
               service company has provided accommodation or
                 convenience payments for associate companies, a
                       separate listing of total payments for each associate
            company by sub-account should be provided.

ANALYSIS OF CONVENIENCE OR ACCOMMODATION PAYMENTS:             TOTAL            
                                                    PAYMENTS

The Southern Company                                          823       
Alabama Power Company                                     665,603       
Georgia Power Company                                     575,891       
Gulf Power Company                                        164,566       
Mississippi Power Company                                 188,040       
Savannah Electric and Power Company                       103,085       
Southern Communications Services, Inc.                     19,543       
Southern Company Energy Solutions, LLC                        -         
Southern Company Gas, LLC                                 236,982       
Southern Electric Generating Company                          352       
Southern Management Development, Inc.                       3,708       
Southern Nuclear Operating Company, Inc.                  156,197       
Southern Power Company                                    171,420       
                                               -----------

TOTAL PAYMENTS                                      2,286,210   
                                                ==========

The major portion of the above expenses consists of transactions related to     
Transmission Planning and Operations (TPO); Generation Energy Marketing (GEM)   
transactions, Southern Gas Billing (SGB) services and transactions relating to  
third party payroll payments, and transactions relating to Electric Power       
Research Institute dues.                                                        

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                                                                               9
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE VI

 FUEL STOCK EXPENSES UNDISTRIBUTED

INSTRUCTIONS:            Report the amount of labor and expenses incurred with  
                    respect to fuel stock expenses during the year and
                         indicate amount attributable to each associate company.
                         Under the section headed "Summary" listed below give an
                       overall report of the fuel functions performed by the
service company.              

                                                        [Enlarge/Download Table]


        DESCRIPTION                                       LABOR   EXPENSES    TOTAL  
        -----------                                       -----   --------    -----  

ACCOUNT 152 - FUEL STOCK EXPENSES                                                    
                                                                                     
    UNDISTRIBUTED                                         8,779     7,582     16,361 

Total amount billed during current year                                              
 as follows:                                                                         

Associated Companies                                                                 

    The Southern Company                                    (95)     (396)      (491)
    Alabama Power Company                                (2,613)   (2,232)    (4,845)
    Georgia Power Company                                (3,012)   (2,376)    (5,388)
    Gulf Power Company                                     (723)     (663)    (1,386)
    Mississippi Power Company                            (1,160)   (1,033)    (2,193)
    Savannah Electric and Power Company                    (160)     (127)      (287)
    Southern Electric Railroad Company                      (13)      (14)       (27)
    Southern Company Energy Solutions, LLC                  -         -          -   
    Southern Company Gas, LLC                              (364)     (294)      (658)
    Southern Company Holdings, Inc.                        (207)     (134)      (341)
    Southern Electric Generating Company                   (155)     (140)      (295)
    Southern Nuclear Operating Company, Inc.                -         -          -   
    Southern Company Rail Services                          (65)      (37)      (102)
    Southern Power Company                                 (212)     (135)      (347)
                                                        -------   -------   -------- 

        Subtotal Associate Companies                     (8,779)   (7,581)   (16,360)
                                                        -------   -------   -------- 

Non-Associated Companies:                                   -          (1)        (1)
                                                        -------   -------   -------- 

        Subtotal Associate and Non-associate Companies   (8,779)   (7,582)   (16,361)
                                                        -------   -------   -------- 

        TOTAL                                                 0         0          0 
                                                        =======   =======   ======== 


SUMMARY:          Fuel services performed by the service company consist of     
         acting as agent on behalf of all the system operating
                  companies on fossil related matters as defined in an operating
                agreement with each company. The purchase of natural gas for
            the operating companies is included in the fuel services
                performed by the service company. Costs associated with this
             service are included in the above amounts: Labor - 1,764;
Expenses - 1,748; Total - 3,512.            

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10                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE VII - STORES EXPENSE UNDISTRIBUTED

INSTRUCTIONS: Report the amount of labor and expenses incurred with respect to  
              stores expense during the year and indicate amount attributable to
each associate company.                             

     DESCRIPTION                             LABOR      EXPENSES     TOTAL
     -----------                             -----      --------     -----

ACCOUNT 163 - STORES EXPENSE UNDISTRIBUTED                                      

NOT APPLICABLE                                                          

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                                                                              11
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE VIII

MISCELLANEOUS CURRENT AND ACCRUED ASSETS

INSTRUCTIONS: Provide detail of items in this account. Items less than $10,000  
      may be grouped, showing the number of items in each group.

                                                                [Download Table]


                                                         BALANCE AT  BALANCE AT 
                                                         BEGINNING    CLOSE OF  
        DESCRIPTION                                       OF YEAR        YEAR   
        -----------                                      ----------  ---------- 

ACCOUNT 174 - MISCELLANEOUS CURRENT AND ACCRUED ASSETS                          

                                                                                
        Interest Receivable -Temporary Cash Investments        44            4  
        Assets Held for Sale                                2,504          -    
        Intercompany Derivative-Current-SOCO                  -          1,033  
                                                           ------       ------  

          Total                                             2,548        1,037  
                                                           ======       ======  


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12                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE IX

 MISCELLANEOUS DEFERRED DEBITS

INSTRUCTIONS: Provide detail of items in this account. Items less than $10,000  
      may be grouped, showing the number of items in each class.

                                                    BALANCE AT        BALANCE AT
                                                   BEGINNING          CLOSE OF
    DESCRIPTION                                  OF YEAR            YEAR
        -----------                                 ----------        ----------

ACCOUNT 186 - MISCELLANEOUS DEFERRED DEBITS                                     

 Prepaid Telecom Services                             -              4,492

 Deferred Payroll Charge                           10,364            9,547

 Deposit for Georgia Sales and Use Tax                 26               26

 Executive Stock Option Taxes                         314              175

 Wilsonville Clean-up                                 -                 91

 Intangible Asset - Minimum Pension Obligation     14,916           15,010

 Unamortized Leasehold - Inverness                    242              185

 Unamortized Leasehold - Washington, DC               232              237

 Sundry Delayed Clearance                           3,338            4,247
                                                   ------           ------

 Total                                             29,432           34,010
                                                   ======           ======

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                                                                              13
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

SCHEDULE X

 RESEARCH, DEVELOPMENT OR DEMONSTRATION EXPENDITURES

INSTRUCTIONS: Provide a description of each material research, development, or  
    demonstration project that incurred costs by the service
corporation during the year.                        

     DESCRIPTION                                                    AMOUNT
     -----------                                                    ------

ACCOUNT 188 - RESEARCH, DEVELOPMENT, OR DEMONSTRATION                           
           EXPENDITURES                                             39,988

Total amount billed/incurred during current year as follows:                    

Government Projects:                                                            
Clean Coal Technology Projects:                                         
      Hammond Wall Fired Project                                        (42)

Other Government Projects:                                              
      PSDF/Hot Gas Cleanup Project                                  (23,645)

EPRI Projects:                                                                  
  RE&A EPRI Contracts                                                (1,737)
  Advanced End-Use Technologies                                          (8)
  Engineering EPRI Projects                                            (367)
  EPRI Bulk Trans. System Reliability                                  (112)

Associate Companies:                                                            
  End-Use Research Projects                                          (1,860)
  Power Delivery Research-Overhead Transmission                        (684)
  Power Delivery Research-Transmission Substations                     (624)
  Power Delivery Research-Distribution                                 (842)
  Air Quality Studies                                                (1,821)
  Combustion & Fuel Effects                                          (1,592)
  Research Administration                                              (429)
  Flue Gas Treatment                                                 (1,400)
  Advanced End-Use Technology Research                               (1,845)
  Advanced Energy Systems                                            (1,949)
  Thermal & Fluid Sciences                                             (982)
  R&D Tech Econ Assessments                                             (49)
                                                                    --------

TOTAL AMOUNT BILLED/INCURRED                                          (39,988)  
                                                                    --------

     TOTAL                                                               0
                                                                    ========

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14                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE XI - PROPRIETARY CAPITAL

                                                                [Download Table]


                           NUMBER OF   PAR OR STATED      OUTSTANDING    
ACCOUNT                      SHARES       VALUE              CLOSE       
NUMBER     CLASS OF STOCK  AUTHORIZED   PER SHARE          OF PERIOD     
---------  --------------  ----------  -----------------  ---------------

                                                                         
201        COMMON STOCK                                   NO. OF SHARES  
            ISSUED            17,000       50.00          14,500         

TOTAL                                                     725            


INSTRUCTIONS: Classify amounts in each account with brief explanation,          
           disclosing the general nature of transactions that gave rise to
the reported amounts.                               

DESCRIPTION                                              AMOUNT                 

ACCOUNT 211                                                                     
MISCELLANEOUS PAID-IN CAPITAL                   150     
OTHER COMPREHENSIVE INCOME                  (19,800)    
                                        --------
TOTAL                                                   (19,650)                

ACCOUNT 215                                                                     
APPROPRIATED RETAINED EARNINGS                  -       
TOTAL                                                       -                   

INSTRUCTIONS:       Give particulars concerning net income or (loss) during the 
                year, distinguishing between compensation for the use of
         capital owed or net loss remaining from servicing
                  non-associates per the General Instructions of the Uniform
                 System of Accounts. For dividends paid during the year in
             cash or otherwise, provide rate percentage, amount of
dividend, date declared and date paid.  

                        BALANCE AT     NET INCOME                    BALANCE
                         BEGINNING          OR       DIVIDENDS        AT CLOSE
DESCRIPTION                OF YEAR         (LOSS)       PAID           OF YEAR  
-----------               ----------     ----------   -------------    -------- 

ACCOUNT 216                                                                     
UNAPPROPRIATED                                                            
RETAINED EARNINGS          -             -              -                -

TOTAL                         -             -              -                -   
                                                                        ------

TOTAL PROPRIETARY CAPITAL                                               (18,925)
                                                                        ======

( ) Denotes red figure.                                                         

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                                                                              15

ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE XII - LONG-TERM DEBT

INSTRUCTIONS:   Advances from associate companies should be reported separately 
             for advances on notes, and advances on open account. Names of
              associate companies from which advances were received shall be
          shown under the class and series of obligation column. For
               Account 224 - Other Long-Term Debt provide the name of creditor
         company or organization, terms of the obligation, date of
      maturity, interest rate, and the amount authorized and
outstanding.                                    

                                                        [Enlarge/Download Table]


                    TERMS OF OBLIG          DATE                                    BALANCE AT                         BALANCE AT
                    CLASS & SERIES           OF          INTEREST         AMOUNT    BEGINNING                  1/         CLOSE  
NAME OF CREDITOR    OF OBLIGATION         MATURITY         RATE         AUTHORIZED   OF YEAR    ADDITIONS  DEDUCTIONS    OF YEAR 
----------------    --------------        --------       ------------   ----------  ----------  ---------  ----------  ----------

                                                                                                                                 
ACCOUNT 223 - ADVANCES FROM ASSOCIATE                                                                                            
              COMPANIES:                                                                                                         

NOT APPLICABLE                                                                                                                   

ACCOUNT 224 - OTHER LONG-TERM DEBT:                                                                                              
NOTES PAYABLE                                                                                                                    
Merrill Lynch & Co.                       12/15/2009        7.625         40,000      40,000          -         -         40,000 
Equity Office Properpies                  12/01/2005        7.25          13,600       3,136          -       3,136          -   

DERIVATIVE                                                                                                                       
Fair Value Hedge  Notional Amount         12/15/2009   Fixed: 7.625%                                                             
                  ---------------                                                                                                
                      40,000              Floating: 6-month Libor + 2.92%                            787        -           787  

CAPITAL LEASE *                                                                                                                  
-------------                                                                                                                    
GATX Technology Services              01/31/06 - 11/30/07 4.59 - 5.29     15,991       5,860        7,133     3,378        9,615 
IR Mainframe                          07/31/03 - 04/30/07 5.00 - 8.00      8,597       3,149          142     2,652          639 
                                                                          ------      ------    ---------    --------  --------- 

    TOTAL                                                                 78,188      52,145        8,062     9,166       51,041 
                                                                          ======      ======      =======  ========      ======= 


1/GIVE AN EXPLANATION OF DEDUCTIONS: Amounts shown were  transferred to current 
                                 maturities.  Equity Office - $1,511,633
                                   was transferred to current maturities and
                                $1,624,942 was transferred to deferred
 credit.

* The company has entered into four-year leases for personal computers and other
technology equipment. Multiple leases were created; the amount authorized is the
total of all capitalized leases prior to amortization.                          

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16                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE XIII - CURRENT AND ACCRUED LIABILITIES

INSTRUCTIONS: Provide balance of notes and accounts payable to each associate   
             company. Give description and amount of miscellaneous current and
        accrued liabilities. Items less than $10,000 may be grouped,
showing the number of items in each group.          

                                      BALANCE AT        BALANCE AT
                                      BEGINNING         CLOSE OF
DESCRIPTION                            OF YEAR            YEAR  
 -----------                          ----------        ----------

ACCOUNT 233 - NOTES PAYABLE TO ASSOCIATE COMPANIES                              

The Southern Company                           -                -       
                                      -------          -------
TOTAL                                      -                -   
                                      =======          =======

ACCOUNT 234 - ACCOUNTS PAYABLE TO ASSOCIATE COMPANIES                           

The Southern Company                           557             -        
Alabama Power Company                       55,767           31,787     
Georgia Power Company                        7,239           14,354     
Gulf Power Company                           8,958            9,328     
Mississippi Power Company                   12,805            2,251     
Savannah Electric and Power Company            275               77     
Southern Communications Services, Inc.         372              397     
Southern Company Gas, LLC                    4,749            3,581     
Southern Electric Generating Company            20             -        
Southern Management and Development             62               62     
Southern Nuclear Operating Company, Inc.     2,831             -        
Southern Power Company                      17,799              149     
                                      -------          -------
TOTAL                                  111,434           61,986 
                                      =======          =======

ACCOUNT 242 - MISCELLANEOUS CURRENT AND ACCRUED LIABILITIES                     

Incentive Pay (PPP)                         88,778           81,613     
Vacation Clearing Account                   20,589           20,158     
Accrued Labor & Related Overheads           10,514           12,050     
Employee Group Insurance Premiums             -               1,001     
Employee Group Insurance Claims Reserve      1,812            2,800     
Early Retirement Benefits                    1,079            1,070     
Accumulated Provision for Major Overhaul                                
of Aircraft                                748              423 
Supplemental Pensions and Benefits           6,525            6,208     
Department of Energy                           189              509     
Flex and Save Benefits                       1,789            2,042     
Severance Pay                                7,564            9,668     
Metro Life Advance-Current                     301              301     
Performance Dividend Plan                   20,922           21,817     
Employee Merchandise Withholding                24             -        

(Continued on Page 16A)                                                         

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                                                                           16A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE XIII - CURRENT AND ACCRUED LIABILITIES
 (Continued)

                                      BALANCE AT        BALANCE AT
                                      BEGINNING         CLOSE OF
DESCRIPTION                            OF YEAR            YEAR  
 -----------                          ----------        ----------

TPO Study                                    2,553              371     
SCS - U.S. Savings Bonds Withholdings          304              196     
Funds Dist-Holders SE P&L Corp.                 13               13     
SCS-FLEX Benefits Premiums                   2,043            2,218     
Georgia Power - Legal Withholdings              12               -      
Associated Companies - Employee Savings Plan    12               29     
Washington DC Sublease Deposit -                                        
Aircraft Owners & Pilots Assoc.               54               37   
Crown                                         -                17   
Miscellaneous (16 Beginning) (23 Ending)       (53)             (64)    
                                      -------          -------

TOTAL                                  165,772          162,477 
                                      =======          =======

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17                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SCHEDULE XIV

 NOTES TO FINANCIAL STATEMENTS

INSTRUCTIONS:            The space below is provided for important notes        
                   regarding the financial statements or any account
                    thereof. Furnish particulars as to any significant
                         contingent assets or liabilities existing at the end of
                        the year. Notes relating to financial statements shown
                   elsewhere in this report may be indicated here by
reference.                    

1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES                                   

General                                                         

   Southern Company Services, Inc. (the "Company") follows the Uniform
System of Accounts prescribed by the Securities and Exchange    
Commission ("SEC") for service companies, as amended, effective 
January 1, 1980.                                                

   The Company has no earnings or retained earnings since it primarily
     renders services at cost to its parent company, The Southern Company,
and other affiliates, as further discussed in Note 2.           

   The financial statements are prepared in conformity with accounting
      principles generally accepted in the United States, which requires the
     use of estimates. The actual results may differ from those estimates.

Cash and Cash Equivalents                                       

The Company considers temporary cash investments with original  
maturities of 90 days or less to be cash equivalents.           

Income Taxes                                                    

     The Company is included in the consolidated federal income tax return
  with The Southern Company and its subsidiaries. Federal income tax
      deferrals primarily resulting from the use of accelerated depreciation
     are fully utilized and accounted for by the operating subsidiaries of
The Southern Company.                                           

Property, Equipment, and Depreciation and Amortization          

Property and equipment are recorded at cost. Depreciation and   
        amortization are provided on the straight-line method over the estimated
economic life of the related asset (ranging from 3 to 12 years).
     Leasehold improvements are amortized over the lives of the respective
leases.                                                         

        On retirement or sale of assets, the cost of such assets and the related
       accumulated depreciation are removed from the accounts, and the gain or
loss, if any, is credited or charged to income.                 

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                                                                             17A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SCHEDULE XIV

 NOTES TO FINANCIAL STATEMENTS

2.      SERVICE AGREEMENTS                                                      

The Company has entered into agreements under which it renders  
        specialized services, at cost, to Southern Company and its subsidiaries.
The Company's affiliates include the following: retail operating
   companies (Alabama Power Company, Georgia Power Company, Gulf Power
    Company, Mississippi Power Company, and Savannah Electric); Southern
     Electric Generating Company (an operating subsidiary owned equally by
Alabama Power Company and Georgia Power Company); Southern      
  Communications Services (Southern LINC) (provides digital wireless
        communications services to the retail operating companies and the public
  in the Southeast); Southern Company Energy Solutions (develops new
business opportunities related to energy products and services);
     Southern Nuclear Operating Company (operates and provides services to
    Southern Company's nuclear power plants); Southern Electric Railroad
       Company (provides railroad services to the retail operating companies);
        Southern Power Company (constructs, owns, and manages Southern Company's
     competitive assets and sells electricity at market-based rates in the
  wholesale market); Southern Telecom (provides fiber cable services
 within the Southeast); Southern Holdings (an intermediate holding
    subsidiary for Southern's investments in leveraged leases, synthetic
    fuels, and an energy services business); and Southern Company Gas (a
competitive retail natural gas marketer serving Georgia).       

       The Company's services include general executive and advisory services,
   general engineering, design engineering, purchasing, accounting and
statistical, finance and treasury, tax, information resources,  
     marketing, auditing, insurance and pension, rate, budgeting, business
promotion and public relations, employee relations, systems and 
      procedures, and other services with respect to business and operations
       and, in the case of the operating utilities, power pool operations. The
agreements will be canceled to the extent and from the time that
       performance thereunder conflicts with any rule, regulation, or order of
the SEC adopted before or after the execution of the agreements.

3.      RETIREMENT BENEFITS                                                     

     The Company has a defined benefit, trusteed, pension plan that covers
substantially all employees. The company also provides certain  
  non-qualified benefit plans for a selected group of management and
    highly compensated individuals. The Company provides certain medical
     care and life insurance benefits for retired employees. Substantially
      all employees may become eligible for these benefits when they retire.
   In 2002, Southern Company adopted several plan changes that had the
      effect of increasing benefits to both current and future retirees. The
    measurement date for plan assets and obligations is September 30 for
each year.                                                      

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17B                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SCHEDULE XIV

 NOTES TO FINANCIAL STATEMENTS

Pension Plans                                                                   

The accumulated benefit obligation for the pension plans was $644 million in    
2003 and $550 million in 2002. Changes during the year in the projected benefit 
obligations, accumulated benefit obligations, and in the fair value of plan     
assets were as follows: (in thousands)                                          

                                         Projected Benefit Obligations
                                        ----------------------------------
                                        2003                      2002
                                        ----                      ----

Balance at beginning of year           644,991                   566,037
Service cost                            20,970                    18,931
Interest cost                           41,393                    41,922
 Benefits paid                          (24,682)                  (22,571)
Plan amendments                          1,719                    15,662
Actuarial (gain) loss                   24,750                    25,010
                                       -------                   -------
Balance at end of year                 709,141                   644,991
                                       =======                   =======

                                         Plan Assets
                                       -----------------------------------
                                        2003                      2002
                                        ----                      ----

Balance at beginning of year           609,745                   666,092
 Actual return on plan assets            97,620                   (44,291)
Employer contributions                   4,855                     4,300
 Benefits paid                          (24,682)                  (22,571)
Receivables/Payables due to transfers  (20,887)                    6,215
                                       -------                   -------
Balance at end of year                 666,651                   609,745
                                       =======                   =======

The accrued pension costs recognized in the Balance Sheets are as follows: (in  
thousands)                                                                      

                                    2003              2002
                                    ----              ----

Funded status                            (42,490)          (35,245)     
Unrecognized transition obligation        (3,666)           (4,951)     
Unrecognized prior service cost           52,197            55,885      
Unrecognized net (gain) loss              20,007             8,687      
                                    ------            ------
Prepaid asset, net                        26,048            24,376      
Portion included in benefit obligations   27,254            22,548      
                                    ------            ------
Total prepaid assets recognized                                         
in the Balance Sheet                  53,302            46,924  
                                    ======            ======

In 2003 and 2002, amounts recognized in the Balance Sheets for accumulated other
comprehensive income and intangible assets to record the minimum pension        
liability related to the non-qualified plans were $30 million and $23 million   
and $15 million and $15 million, respectively.                                  

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                                                                             17C

ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SCHEDULE XIV

 NOTES TO FINANCIAL STATEMENTS

Components of the pension plan's net periodic cost were as follows: (in         
thousands)                                                                      

                                 2003            2002             2001
                                 ----            ----             ----

Service cost                     20,970          18,931           18,490
Interest cost                    41,393          41,922           39,047
 Expected return on plan assets  (60,508)        (59,841)         (56,920)
 Recognized net gain              (4,069)         (8,450)          (9,377)
Net amortization                  3,581           2,608            2,062
                                 ------          ------           ------
 Net pension cost (income)         1,367          (4,830)          (6,698)
                                 ======          ======           ======

Postretirement Benefits                                                         

Changes during the year in the accumulated benefit obligations and in the fair  
value of plan assets were as follows: (in thousands)                            

                                     Accumulated Benefit Obligations
                                    2003                      2002
                                    ----                      ----

Balance at beginning of year        154,494                   123,808 
Service cost                          3,192                     2,722 
Interest cost                         9,880                     9,116 
Benefits paid                        (6,912)                   (6,689)
Actuarial (gain) loss                 2,932                    25,537 
                                   -------                   -------
Balance at end of year              163,586                   154,494 
                                   =======                   =======

                                     Plan Assets
                                     ---------------------------------
                                    2003                      2002
                                    ----                      ----

Balance at beginning of year         24,792                    26,642 
Actual return on plan assets          4,064                    (1,838)
Employer contributions                6,887                     6,677 
Benefits paid                        (6,912)                   (6,689)
                                    ------                    ------
Balance at end of year               28,831                    24,792 
                                    ======                    ======

The accrued postretirement costs recognized in the Balance Sheets are as        
follows: (in thousands)                                                         

                                         2003                     2002
                                         ----                     ----

   Funded status                         (134,755)                 (129,701)
  Unrecognized transition obligation       3,743                     4,147
  Unrecognized prior service cost         22,878                    24,435
  Unrecognized net (gain) loss            24,737                    23,478
  Fourth quarter contributions             1,526                     1,856
                                         -------                   -------
Accrued liability recognized in the                                   
     Balance Sheet                        (81,871)                  (75,785)
                                         =======                   =======

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17D                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SCHEDULE XIV

 NOTES TO FINANCIAL STATEMENTS

Components of the plan's net periodic cost were as follows:  (in thousands)     

                                   2003               2002              2001
                                   ----               ----              ----

  Service cost                    3,192               2,722            2,850
  Interest cost                   9,880               9,116            8,791
   Expected return on plan assets (2,598)             (2,517)          (2,386)
  Net amortization                2,169               1,811            1,572
                                 ------              ------           ------
  Net postretirement cost        12,643              11,132           10,827
                                 ======              ======           ======

The weighted average rates assumed in the actuarial calculations used to        
determine both the benefit obligations and net periodic costs for the pension   
and postretirement benefits plans were:                                         

                                    2003                2002              2001
                                    ----                ----              ----

    Discount                         6.00%              6.50%              7.50%
    Annual salary increase           3.75%              4.00%              5.00%
    Long-term return on plan assets  8.50%              8.50%              8.50%

 An additional assumption used in measuring the accumulated postretirement
 benefit obligation was a weighted average medical care cost trend rate of
   8.25 percent for 2003 decreasing gradually to 5.25 percent through the year
   2010 and remaining at that level thereafter. An annual increase or decrease
 in the assumed medical care cost trend rate of 1 percent would affect the
   accumulated benefit obligation and the service and interest cost components
at December 31, 2003 as follows: (in thousands)                         

                    1 Percent        1 Percent
                     Increase         Decrease

Benefit obligation                  12,302           10,750             
Service and interest costs             929              809             

Employee Savings Plan                                                           

     The Company also sponsors a 401(k) defined contribution plan covering
       substantially all employees. The Company provides a 75 percent matching
    contribution up to 6 percent of an employee's base salary. The total
     matching contributions made to the plan for the years 2003, 2002, and
2001 were $9 million, $10 million, and $9 million, respectively.

Work Force Reduction Programs                                                   

  The Company has incurred additional costs for work force reduction
   programs. The costs related to these programs were $17 million, $11
     million, and $5 million for 2003, 2002, and 2001, respectively. These
costs were charged to expense.                                  

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                                                                             17E
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SCHEDULE XIV

 NOTES TO FINANCIAL STATEMENTS

4.      OPERATING LEASES                                                        

 The Company has operating lease agreements with various terms and
expiration dates. Rental expense under all operating leases was 
      approximately $51,977,000, $61,478,000, and $69,697,000 in 2003, 2002,
and 2001, respectively. Future minimum lease payments under     
     non-cancelable operating leases at December 31, 2003 were as follows:
(in thousands)                                                  

2004                        17,647                      
2005                        13,217                      
2006                         6,959                      
2007                         2,762                      
2008                         1,550                      
Thereafter                   5,020                      
   ---------
Total                      47,155                     

5.      FINANCING                                                               

    Details of long-term debt, notes payable - other, and derivatives at
December 31 are as follows: (in thousands)                      

                                               2003             2002
                                               ----             ----
Notes Payable:                                                  
       7.625% Due 2009                          40,000            40,000
       7.25% Due 2004                            1,512             4,543
        Less Current Maturities                  (1,512)           (1,407)
                                                ------            ------
       Long-Term Notes Payable                  40,000            43,136
                                                ------            ------

Derivative:                                                     
Fair Value Hedge -                                        
         6 Month LIBOR + 2.92% on $40            787               -
million nominal amount due 2009                   
     Less Current Maturities                     -                 -
                                                ------            ------
     Long-Term Derivative                        787               -
                                                ------            ------

Capitalized Lease Obligations:                                  
       Total Capitalized Leases                 16,773            15,882
        Less Current Maturities                  (6,519)           (6,873)
                                                ------            ------
       Long-Term Capitalized Leases             10,254             9,009
                                                ------            ------

    Total Long-Term Debt                        51,041            52,145
                                                ======            ======

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17F                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SCHEDULE XIV

 NOTES TO FINANCIAL STATEMENTS

        In December 1999, the Company entered into a lease buyout agreement with
  Equity Office Properties on long-term capital lease obligations of
       Perimeter Center East. This lease payment obligation has been reflected
     as a long-term Notes Payable in the amount of $6,575,000 amortized at
7.25% for five years, ending December 1, 2004.                  

       On December 15, 1999, the Company issued $40,000,000 of Series A 7.625%
     Senior Notes to Merrill Lynch & Co. with proceeds being used to repay
   short-term debt to Southern Company and for various other corporate
      purposes. The entire principal will be due and payable on December 15,
        2009. The Southern Company has guaranteed the principal and interest. In
2003, the Company entered into a derivative to hedge exposure to
       interest rate changes related to this note. The derivative is accounted
        for as a fair value hedge and was structured to match the critical terms
      of the hedged debt; therefore, no ineffectiveness has been recorded in
earnings. The Company receives the fixed rate of 7.625% and pays
 six-month LIBOR plus 2.92%. As a result, interest of $482,504 was
     credited against the client companies' expenses during the year ended
December 31, 2003.                                              

   Maturities over the next five years of the Company's long-term debt
outstanding at December 31, 2003 are as follows: (in thousands) 

2004                         8,031                
2005                         5,211                
2006                         3,838                
2007                         1,206                
2008                           -                  
Thereafter                  40,787                
           -------
Total                       59,073                
           =======

6.      PURCHASE COMMITMENTS                                                    

   The Company has various purchase commitments. At December 31, 2003,
       total capital expenditures are budgeted to be approximately $27 million
in 2004.                                                        

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                                                                              18
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE XV

 STATEMENT OF INCOME

ACCOUNT          DESCRIPTION                          CURRENT YEAR   PRIOR YEAR 
-------          -----------                          ------------   ---------- 

INCOME                                                            

457       Services rendered to associate companies       823,065     853,111    
458       Services rendered to non-associate                                    
          companies                                   33,231      30,319

421       Miscellaneous income or loss                     1,602      (3,808)   
                                                     -------     -------

             Total Income                            857,898     879,622
                                                     -------     -------

EXPENSE                                                           

920       Salaries and wages                             374,710     397,714    
921       Office supplies and expenses                    88,935      92,154    
922       Administrative expense transferred-credit         -           -       
923       Outside services employed                      143,182     162,797    
924       Property insurance                              20,014        (787)   
925       Injuries and damages                            13,852      12,838    
926       Employee pensions and benefits                  44,805      31,686    
928       Regulatory commission expense                       23         104    
930.1     General advertising expenses                    13,675      15,971    
930.2     Miscellaneous general expenses                  12,183      12,639    
931       Rents                                           54,411      62,010    
932       Maintenance of structures and equipment         34,648      34,624    
403       Depreciation and amortization expense           22,488      23,043    
408       Taxes other than income taxes                   24,545      25,450    
409       Income taxes                                      (125)     (1,274)   
410       Provision for deferred income taxes               -           -       
411       Provision for deferred income taxes - credit      -           -       
411.5     Investment tax credit                             -           -       
426.1     Donations                                        5,705       4,413    
426.5     Other deductions                                   -           -      
427       Interest on long-term debt                       2,842       4,068    
430       Interest on debt to associate companies            321          89    
431       Other interest expense                           1,684       2,083    
                                                     -------     -------

             Total Expense                           857,898     879,622
                                                     -------     -------

          Net Income                                 -           -
                                                     =======     =======

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19                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 ANALYSIS OF BILLING

 ASSOCIATE COMPANIES
 ACCOUNT 457

                                                                [Download Table]


                                  DIRECT    INDIRECT  COMPENSATION   TOTAL 
                                  COSTS     COSTS     FOR USE        AMOUNT
NAME OF ASSOCIATE COMPANY         CHARGED   CHARGED   OF CAPITAL     BILLED
-------------------------         -------   -------   ------------   ------
                                  457-1     457-2     457-3                

                                                                           
The Southern Company              44,488     8,032        210        52,730

Alabama Power Company            170,592    45,275      1,270       217,137

Georgia Power Company            237,126    64,305      1,765       303,196

Gulf Power Company                42,954    12,050        317        55,321

Mississippi Power Company         36,759     9,045        267        46,071

Savannah Electric & Power Co.     13,076     3,086         91        16,253

Southern Communications                                                    
  Services, Inc.                  17,329     1,155         34        18,518

Southern Company Energy                                                    
  Solutions, LLC                   1,655       845         21         2,521

Southern Company Gas, LLC          8,236     2,495         91        10,822

Southern Company Holdings, Inc.    2,359       584         20         2,963

Southern Company Rail Services       256        94          2           352

Southern Electric Generating Co.   3,918     1,099         29         5,046

Southern Electric Railroad Co.       248        57          1           306

Southern Management                                                        
  Development, Inc.                2,626       707         28         3,361

Southern Nuclear Operating Co.    31,059     8,156        219        39,434

Southern Power Company            39,063     8,081        359        47,503

Southern Telecom, Inc.             1,247       277          7         1,531
                                 -------   -------      -----       -------

          TOTAL                  652,991   165,343      4,731       823,065
                                 =======   =======      =====       =======


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                                                                              20
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 ANALYSIS OF BILLING
NONASSOCIATE COMPANIES
 ACCOUNT 458

                                                        [Enlarge/Download Table]


                                               DIRECT  INDIRECT  COMPENSATION             EXCESS    TOTAL  
                                               COSTS    COSTS      FOR USE      TOTAL       OR      AMOUNT 
NAME OF NONASSOCIATE COMPANY                  CHARGED  CHARGED    OF CAPITAL    COST    DEFICIENCY  BILLED 
----------------------------                  -------  -------   ------------   -----   ----------  ------ 
                                              458-1    458-2     458-3                    458-4            

                                                                                                           
Department of Energy (DOE)                    20,654    2,943         90       23,687        -      23,687 
Electric Power Research Institute              1,996      225          5        2,226        -       2,226 
Vogt-NEM                                          11      -          -             11        -          11 
APC Credit Union                                  28      -          -             28        -          28 
Gulf Power Credit Union                           11      -          -             11        -          11 
AT & T                                            30      -          -             30        -          30 
Southern Interexchange                            12      -          -             12        -          12 
Georgia Charitable Foundation                      7      -          -              7        -           7 
Southern System Master Retirement Trust        1,013      -           14        1,027        -       1,027 
POWERCO                                           16      -          -             16        -          16 
FP&L; JEA; Tallahassee, FPC (Unit Power Sales)    45       31          1           77        -          77 
FP&L; JEA, Tallahassee, FPC(OPS SCH. Fees)     1,803      -          -          1,803        -       1,803 
Oglethorpe Power Corporation (OPS SCH. Fees)   4,874      -          -          4,874        -       4,874 
SERC IR & Telecommunications Serv-APC Bldg         9      -          -              9        -           9 
Alabama Electric Cooperative                      12        5        -             17        -          17 
Duke Energy Services                               7        2        -              9        -           9 
Municipal Electric Authority of Georgia           13        4        -             17        -          17 
Oglethorpe Power Corporation                      37       12          1           50        -          50 
South Mississippi Electric Power                   9        3        -             12        -          12 
Southeastern Electric Power Administration         4        2        -              6        -           6 
Transmission - Studies (81 items)               (993)     133          4         (856)       -        (856)
Mirant                                            74       52          1          127        -         127 
Other (17 items less than $5,000)                 30        1        -             31        -          31 
                                              ------    ------       ---       ------       ---     ------ 

     TOTAL                                    29,702    3,413        116       33,231        -      33,231 
                                              ======    =====        ===       ======       ===     ====== 


(Continued on Page 20A)                                                         

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20A                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)
 (Continued)

 ANALYSIS OF BILLING
NONASSOCIATE COMPANIES
 ACCOUNT 458

INSTRUCTION: Provide a brief description of the services rendered to each       
non-associate company:                                                      

Department of Energy (DOE) - Contract services concerning clean coal technology,
Power System Development Facility/hot gas cleanup project.                      

Electric Power Research Institute - Testing SNCR Pilot; Clyde Bergermann        
smartcannon demonstration; Demonstration carbon in ash monitor; Emission and    
performance impacts of CT inlet fogging; Improved power plant dynamics          
performance; Gadsden switchgrass project; Indiglo agglomeration project; Gorgas 
SCR pilot plant; RTHR package demonstration; Demonstration and evaluation of    
SNCR trim; Switchgrass pellet project; Slag sensor demo; Flywheel evaluation;   
Arsenic mobility; Green screen; Biloxi MGP roam modeling; Insitu chemical       
fixation; Sources of groundwater contamination at MGP sites; Hybrid ion exchange
resin evaluation; Metals sequestration in ash; Phytoremediation of arsenic      
contaminated soil; Evaluation of validity of remedial options assessment;       
Sedimant study; PCB soils treatment; Insitu solidification; Technology review   
for arsenic at substation sites; TRELSS-bulk transmission system reliability    
evaluation.                                                                     

Vogt-NEM - Developing test procedures and conducting performance retest on the  
Barry 7 HRSG's.                                                                 

APC Credit Union, Gulf Credit Union - Telecommunication services.               

AT&T, Southern Interexchange - Telecommunication services related to fiber      
optics.                                                                         

Georgia Charitable Foundation - Financial Services                              

Chase Manhattan Bank (Southern System Master Retirement Trust) - Management and 
administration of Pension Fund for the Southern Company.                        

POWERCO - Telecommunications services.                                          

FP&L, FPC, JEA, and City of Tallahassee - Unit Power Sales (UPS) true-up and    
scheduling agreement.                                                           

Oglethorpe Power Corporation - Transmission Planning Operations (TPO) scheduling
fees.                                                                           

Southeastern Electric Reliability Council - Occupancy, telecommunications and   
other related services.                                                         

Ala. Electric Coop, Duke Energy Svcs; MEAG, OPC, S. Miss Elec Pwr., SEPA -      
Southeastern Electric Reliability Council (SERC) security coordinator.          

Transmission-Studies - Studies to determine impact of and availability to third 
party wholesale usage of transmission lines.                                    

Mirant - Various engineering and technical services.                            

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                                                                            21

ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

SCHEDULE XVI
 ANALYSIS OF CHARGES FOR SERVICE
ASSOCIATE AND NONASSOCIATE COMPANIES

INSTRUCTION:   Total cost of service will equal for associate and non-associate 
             companies the total amount billed under their separate analysis
of billing schedules.                             

                                                        [Enlarge/Download Table]


                                 ASSOCIATE COMPANY CHARGES        NONASSOCIATE COMPANY CHARGES       TOTAL CHARGES FOR SERVICE     
                                 ----------------------------     ------------------------------     -------------------------     
                                 DIRECT    INDIRECT               DIRECT       INDIRECT              DIRECT    INDIRECT            
DESCRIPTION OF ITEMS             COST      COST       TOTAL       COST         COST       TOTAL      COST      COST      TOTAL     
                                 ------    --------   -----       ------       --------   -----      ------    --------  -----     

                                                                                                                                   
920   SALARIES AND WAGES         357,437     9,461    366,898      7,584         228       7,812     365,021     9,689   374,710   
921   OFFICE SUPPLIES & EXPENSES  74,104     9,098     83,202      5,535         198       5,733      79,639     9,296    88,935   
922   ADMINISTRATIVE EXP.                                                                                                          
       TRANSFERRED-CREDIT            -         -          -          -           -           -           -         -         -     
923   OUTSIDE SERVICES EMPLOYED  126,997     4,774    131,771     11,258         153      11,411     138,255     4,927   143,182   
924   PROPERTY INSURANCE          19,395       416     19,811        193          10         203      19,588       426    20,014   
925   INJURIES AND DAMAGES        13,677       169     13,846          2           4           6      13,679       173    13,852   
926   EMPLOYEE PENSIONS                                                                                                            
       & BENEFITS                  9,477    34,561     44,038        -           767         767       9,477    35,328    44,805   
928   REGULATORY COMMISSION                                                                                                        
       EXPENSE                        23       -           23        -           -           -            23       -          23   
930.1 GENERAL ADVERTISING                                                                                                          
       EXPENSES                   13,675       -       13,675        -           -           -        13,675       -      13,675   
930.2 MISCELLANEOUS GENERAL                                                                                                        
       EXPENSES                  (62,106)   67,801      5,695      5,021       1,467       6,488     (57,085)   69,268    12,183   
931   RENTS                       39,302    14,975     54,277         77          57         134      39,379    15,032    54,411   
932   MAINTENANCE OF STRUCTURES                                                                                                    
       AND EQUIPMENT              32,011     2,589     34,600         20          28          48      32,031     2,617    34,648   
403   DEPRECIATION & AMORTIZATION                                                                                                  
       EXPENSE                    19,926     2,538     22,464         12          12          24      19,938     2,550    22,488   
408   TAXES OTHER THAN INCOME                                                                                                      
       TAXES                       5,100    18,956     24,056        -           489         489       5,100    19,445    24,545   
409   INCOME TAXES                  (125)      -         (125)       -           -           -          (125)      -        (125)  
410   PROVISION FOR DEFERRED                                                                                                       
       INCOME TAXES                  -         -          -          -           -           -           -         -         -     
411   PROVISION FOR DEFERRED                                                                                                       
       INCOME TAXES CREDIT           -         -          -          -           -           -           -         -         -     
411.5 INVESTMENT TAX CREDIT          -         -          -          -           -           -           -         -         -     
426.1 DONATIONS                    5,700         5      5,705        -           -           -         5,700         5     5,705   
                                 ------------------ --------------------    -------- -----------  ---------------------------------
        SUBTOTAL EXPENSES        654,593   165,343    819,936     29,702       3,413      33,115     684,295   168,756   853,051   


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21A                                                                             

ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

SCHEDULE XVI
 ANALYSIS OF CHARGES FOR SERVICE
ASSOCIATE AND NONASSOCIATE COMPANIES

                                                        [Enlarge/Download Table]


                                 ASSOCIATE COMPANY CHARGES      NONASSOCIATE COMPANY CHARGES     TOTAL CHARGES FOR SERVICE   
                                 ----------------------------   ------------------------------   -------------------------   
                                 DIRECT    INDIRECT             DIRECT       INDIRECT            DIRECT    INDIRECT          
DESCRIPTION OF ITEMS             COST      COST       TOTAL     COST         COST       TOTAL    COST      COST      TOTAL   
                                 ------    --------   -----     ------       --------   -----    ------    --------  -----   

                                                                                                                             
427   INTEREST ON LONG-TERM DEBT     -         -        2,774      -           -            68       -         -       2,842 
430   INTEREST ON DEBT TO                                                                                                    
       ASSOCIATE COMPANIES           -         -          313      -           -             8       -         -         321 
431   OTHER INTEREST EXPENSE         -         -        1,644      -           -            40       -         -       1,684 
                                 -------   -------    -------   ------       -----      ------   -------   -------   ------- 
        TOTAL EXPENSES           654,593   165,343    824,667   29,702       3,413      33,231   684,295   168,756   857,898 
421   MISCELLANEOUS GAIN          (1,602)      -       (1,602)     -          -            -      (1,602)      -      (1,602)
                                 -------   -------    -------   ------       -----      ------   -------   -------   ------- 
        TOTAL COST OF SERVICES   652,991   165,343    823,065   29,702       3,413      33,231   682,693   168,756   856,296 
                                 =======   =======    ========  ======       ======     =======  ========  ========  ======= 


( ) Denotes Red Figure.                                                         

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                                                                              22

ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE XVII
 SCHEDULE OF EXPENSE DISTRIBUTION BY
DEPARTMENT OR SERVICE FUNCTION

INSTRUCTION: Indicate each department or service function. (See Instruction 01-3
         General Structure of Accounting System: Uniform System Account)

DEPARTMENT OR SERVICE FUNCTION

                                                        [Enlarge/Download Table]


                                                 Administration                                                         Finance  
                                         Total        and       Corporate  Customer                          External     and    
DESCRIPTION OF ITEMS                     Amount     General      Counsel   Service   Engineering  Executive  Affairs   Accounting
--------------------                     -------    -------     --------   --------  -----------  ---------  --------  --------- 

                                                                                                                                 
920    SALARIES AND WAGES                374,710     20,178        8,986     7,615      57,973      6,370     7,458     22,196   
921    OFFICE SUPPLIES AND EXPENSES       88,935      3,043        1,143    12,851       8,362        164     2,433      6,109   
923    OUTSIDE SERVICES EMPLOYED         143,182      8,335       21,862     7,769      18,023      1,249     4,654      5,932   
924    PROPERTY INSURANCE                 20,014      1,049          -         -           -          -         -       18,772   
925    INJURIES AND DAMAGES               13,852        207          -         -             4        -         -       13,638   
926    EMPLOYEE PENSIONS & BENEFITS       44,805     44,557           19        10          10          1         2         20   
928    REGULATORY COMMISSION EXPENSE          23         23          -         -           -          -         -          -     
930.1  GENERAL ADVERTISING EXPENSES       13,675         33          -         -           -          300    13,158         12   
930.2  MISCELLANEOUS GENERAL EXPENSES     12,183      1,512          754        24         858        494     1,918       (190)  
931    RENTS                              54,411     24,232           87         6       2,684         10        42         36   
932    MAINTENANCE OF STRUCTURES & EQUIP  34,648      3,680           15       373         658         11        67        180   
403    DEPRECIATION & AMORTIZATION,                                                                                              
         EXPENSE                          22,488      1,674           55     1,090         360         15        58         42   
408    TAXES OTHER THAN INCOME TAXES      24,545     24,542          -         -           -          -         -          -     
409    INCOME TAXES                         (125)        18          -         -           -          -         -         (263)  
426.1  DONATIONS                           5,705        112        1,164         2          36        822     2,934         33   
427    INTEREST ON LONG-TERM DEBT          2,842      2,475          -         -           -          -         -          -     
430    INTEREST ON DEBT TO ASSOCIATE CO.     321        321          -         -           -          -         -          -     
431    OTHER INTEREST EXPENSE              1,684        729          -         -           -          -         -          -     
                                         -------    -------       ------    ------      ------      -----    ------     ------   
         TOTAL EXPENSES                  857,898    136,720       34,085    29,740      88,968      9,436    32,724     66,517   
421    MISCELLANEOUS LOSS (GAIN)          (1,602)      (252)         (63)      (55)       (312)       (18)      (61)      (123)  
                                         -------    -------       ------    ------      ------      -----    ------     ------   

       TOTAL COSTS                       856,296    136,468       34,022    29,685      88,656      9,418    32,663     66,394   
                                         =======    =======       ======   =======      ======      =====    ======     ======   


(  ) Denotes Red Figure.                                                        

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                                                                             22A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 SCHEDULE XVII
 SCHEDULE OF EXPENSE DISTRIBUTION BY
DEPARTMENT OR SERVICE FUNCTION

DEPARTMENT OR SERVICE FUNCTION

                                                        [Enlarge/Download Table]


                                                                      Procurement   Research &    Southern                       
ACCOUNT       Generation    Human    Information  Internal                and      Environmental   Company   System  Transmission
NUMBER          Services  Resources  Resources    Auditing Marketing   Materials      Affairs        Gas      Air      Planning  

                                                                                                                                 
 920            74,509     24,587      83,673      6,133     8,459         5,228     12,274          4,521     4,888      19,662 
 921            10,052      2,408      28,586        592       873           493      7,428            773     1,674       1,951 
 923            12,595      7,940      24,951        180     3,280         1,645     21,802            362        98       2,505 
 924               -          -           -          -         -             -          193            -         -           -   
 925               -          -             1        -         -             -            2            -         -           -   
 926               115         25          25          2         4             4          1            -           7           3 
 928               -          -           -          -         -             -          -              -         -           -   
 930.1               8          1         -          -         -             -          -              163       -           -   
 930.2           3,472      2,005       6,322        119     1,023           526     (1,070)            (3)    1,167      (6,748)
 931               556        381      25,277        135       188            76        102            -         545          54 
 932               735        104      23,567         20       408           794         46             28     2,663       1,299 
 403             1,513      1,149       6,284          7     1,053            11        551            -       2,493       6,133 
 408               -          -           -          -         -             -          -              -           3         -   
 409               120        -           -          -         -             -          -              -         -           -   
 426.1             418         59           2        -           7           -          116            -         -           -   
 427               -          -           367        -         -             -          -              -         -           -   
 430               -          -           -          -         -             -          -              -         -           -   
 431               -          -           955        -         -             -          -              -          -           -  
               -------     ------     -------      -----    ------         -----     ------          -----    ------      ------ 
Total Expenses 104,093     38,659     200,010      7,188    15,295         8,777     41,445          5,844    13,538      24,859 
 421              (184)       (72)       (181)       (13)      (29)          (16)      (144)           (11)      (25)        (43)
               -------     ------     -------      -----    ------         -----     ------          -----    ------     ------- 

TOTAL COSTS    103,909     38,587     199,829      7,175    15,266         8,761     41,301          5,833    13,513      24,816 
               =======     ======     =======      =====    ======         =====     ======          =====    ======      ====== 


(  ) Denotes Red Figure.                                                        

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                                                                            23
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 DEPARTMENTAL ANALYSIS OF SALARIES

 ACCOUNT 920

 DEPARTMENTAL SALARY EXPENSE

                                                        [Enlarge/Download Table]


NAME OF DEPARTMENT                      INCLUDED IN AMOUNTS BILLED TO  PERSONNEL                   
------------------                      ------------------------------ ---------                   
Indicate each department        TOTAL       PARENT         OTHER              NON-         END OF  
or service function             AMOUNT      COMPANY      ASSOCIATES        ASSOCIATES       YEAR   
                                ------      -------      ----------        ----------     ---------

                                                                                                   
Administration and General      20,178       (2,283)        22,444              17          -      

Corporate Counsel                8,986        1,040          7,885              61           53    

Customer Service                 7,615          -            7,615             -            104    

Engineering                     57,973          688         56,478             807          467    

Executive                        6,370          958          5,412             -              7    

External Affairs                 7,458        2,735          4,723             -             47    

Finance & Accounting            22,196        5,382         16,058             756          180    

Generation Services             74,509        4,098         70,329              82          616    

Human Resources                 24,587           25         24,421             141          232    

Information Resources           83,673           85         83,519              69          930    

Internal Auditing                6,133          379          5,754             -             58    

Marketing                        8,459          153          8,306             -             66    

Procurement & Materials          5,228           12          5,106             110           50    

Research & Environmental                                                                           
  Affairs                       12,274           42          6,827           5,405          106    

Southern Company Gas             4,521          -            4,521             -             38    

System Air                       4,888          268          4,620             -             55    

Transmission Planning           19,662            1         19,297             364          170    
                            ----------  -----------     ----------        --------     --------    

      TOTAL                    374,710       13,583        353,315           7,812        3,179    
                              ========      =======       ========          ======       ======    

( ) Denotes red figure.                                                                            


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24                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 OUTSIDE SERVICES EMPLOYED

 ACCOUNT 923

INSTRUCTIONS:              Provide a breakdown by sub-account of outside        
                         services employed. If the aggregate amounts paid to
                          any one payee and included within one sub-account is
                       less than $100,000, only the aggregate number and
                     amount of all such payments included within the
                       sub-account need be shown. Provide a subtotal for
each type of service.     

                                                        [Enlarge/Download Table]


                                                               RELATIONSHIP               
                                                               "A"=ASSOCIATE              
                             DESCRIPTION OF                    "NA"= NON                  
FROM WHOM PURCHASED          LARGEST INVOICE                    ASSOCIATE           AMOUNT
-------------------          ---------------                   -------------        ------

Legal Services                                                                            

                                                                                          
Baker & Hostetler, LLP       Legal Services                            NA           2,122 
Balch & Bingham, LLP         Legal Services                            NA           6,980 
Dorsey & Whitney             Legal Services                            NA             556 
Edison Electric Institute    Legal Services                            NA             493 
Hunton & Williams            Legal Services                            NA           1,706 
Keith Bissell                Legal Services                            NA             126 
McNatt & Greene              Legal Services                            NA             164 
Powell, Goldstein, Frazer &                                                               
    Murphy, LLP              Legal Services                            NA             421 
Troutman, Sanders, LLP       Legal Services                            NA           7,119 
Wilmer, Cutler & Pickering   Legal Services                            NA             238 

Forty-Four Other Items Less                                                               
    than $100,000                                                      NA             966 
                                                                                 -------- 
                                 Subtotal - Legal Services                         20,891 
                                                                                   ------ 

Auditing Service                                                                          
Deloitte & Touche, LLP       Audit Services                            NA           2,051 

One Other Items Less                                                                      
    than $100,000                                                      NA               9 
                                                                              ----------- 

                                 Subtotal - Auditing Services                       2,060 
                                                                                 -------- 

(Continued on Page 24A)                                                         

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                                                                           24A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 OUTSIDE SERVICES EMPLOYED

 ACCOUNT 923

INSTRUCTIONS:              Provide a breakdown by sub-account of outside        
                         services employed. If the aggregate amounts paid to
                          any one payee and included within one sub-account is
                       less than $100,000, only the aggregate number and
                     amount of all such payments included within the
                       sub-account need be shown. Provide a subtotal for
each type of service.     

                                                        [Enlarge/Download Table]


                                                                     RELATIONSHIP            
                                                                     "A"=ASSOCIATE           
                                    DESCRIPTION OF                   "NA"= NON               
FROM WHOM PURCHASED                 LARGEST INVOICE                   ASSOCIATE        AMOUNT
-------------------                 ---------------                  -------------     ------

Engineering Services                                                                         
                                                                                             
ADECCO Services                     Temporary Services                       NA          324 
Airco Industrial Contractors, Inc.  Contract Engineering Serv.               NA          175 
Alabama Power Company               Project Support                          A           213 
Alstom Power, Inc.                  Contract Engineering Serv.               NA          256 
BE&K Engineering Co.                Contract Engineering Serv.               NA        7,813 
BHA Group, Inc.                     Inspection Services                      NA          373 
Caddell Construction Co., Inc.      Construction Services                    NA          227 
CB & A Project Management Serv.     Project Management                       NA        1,229 
Comprehensive Computer                                                                       
    Consulting, Inc.                Information Technology Serv.             NA          139 
Energy Design & Control Serv., Inc. Contract Engineering Serv.               NA          327 
Global Supply Group, Inc.           Contract Engineers-Constructors          NA          395 
Hamon Research-Cottrell, Inc.       Contract Engineering Serv.               NA          199 
Kellogg Brown & Root, Inc.          Contract Engineering Serv.               NA          219 
Kinney Power Services               Contract Engineering Serv.               NA          173 
NWL                                 Contract Engineering Serv.               NA          207 
Parsons Energy & Chemicals                                                                   
    Group, Inc.                     Inspection Services                      NA          133 
Sargent & Lundy, LLC                Contract Engineering Serv.               NA          161 
Siemens Westinghouse                Power Systems Development                NA          321 
Southern Research Institute         Power Systems Development                NA        1,199 
The E Group                         Project Management                       NA        1,035 
The LRB Group, Inc.                 Inspection Services                      NA          115 
Think Resources, Inc.               Contract Engineering Serv.               NA          105 
United Dynamics Corp.               Inspection Services                      NA          161 
Universal Resources, Inc.           Contract Engineering Serv.               NA        4,055 
Vital Inspection Professionals      Inspection Services                      NA          222 

One Hundred Other Items                                                                      
    Less than $100,000                                                       NA        1,537 
                                                                                    -------- 

                                    Subtotal - Engineering Services                   21,313 
                                                                                     ------- 

(Continued on Page 24B)                                                         

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24B                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 OUTSIDE SERVICES EMPLOYED

 ACCOUNT 923

INSTRUCTIONS:              Provide a breakdown by sub-account of outside        
                         services employed. If the aggregate amounts paid to
                          any one payee and included within one sub-account is
                       less than $100,000, only the aggregate number and
                     amount of all such payments included within the
                       sub-account need be shown. Provide a subtotal for
each type of service.     

                                                        [Enlarge/Download Table]


                                                                   RELATIONSHIP           
                                                                   "A"=ASSOCIATE          
                                  DESCRIPTION OF                   "NA"= NON              
FROM WHOM PURCHASED               LARGEST INVOICE                   ASSOCIATE       AMOUNT
-------------------               ---------------                  ---------------  ------

Other Services                                                                            

                                                                                          
Accenture, LLP                    Consulting Services                       NA       5,208
Acxiom Corporation                Information Technology Services           NA         111
ADECCO USA, Inc.                  Temporary Services                        NA         706
ADP Investor Communication Serv.  Investor Relations                        NA         750
Alabama Power Company             Project Support                           A       10,567
Alexander Strategy Group, Inc.    Consulting Services                       NA         173
Ann Randazzo                      Consulting Services                       NA         131
Artemis International Solutions   Information Technology Services           NA         195
Atmospheric Research & Analysis   Consulting Services                       NA       2,271
Autodesk, Inc.                    Software Consulting services              NA         161
Avaya, Inc.                       Information Technology Services           NA         118
Barbour, Griffith & Rogers        Consulting Services                       NA         221
Bellomy Research, Inc.            Consulting Services                       NA         260
Black & Veatch                    Information Technology Services           NA         103
Blankenship & Seay                                                                        
    Consulting Group, Inc.        Consulting Services                       NA         178
Boston Consulting Group, Inc.     Consulting Services                       NA         799
Bowne of Atlanta, Inc.            Stockholder Services                      NA         254
Caddell Construction Co.          Construction Services                     NA       1,263
Callahan & Associated, Inc.       Telecommunications Services               NA         121
Carter & Associates               Property Management                       NA         258
Cauthen & Associates              Consulting Services                       NA         219
Checkfree Services Corporation    Consulting Services                       NA         184
Chesley Brown International, Inc. Security Management Services              NA         134
Click2Learn.Com                   Information Technology Services           NA         291
CMI                               Marketing Services                        NA         365
Comprehensive Computer                                                                    
    Consulting, Inc.              Information Technology Services           NA       5,739


(Continued on page 24C)                                                         

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                                                                           24C
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 OUTSIDE SERVICES EMPLOYED

 ACCOUNT 923

INSTRUCTIONS:              Provide a breakdown by sub-account of outside        
                         services employed. If the aggregate amounts paid to
                          any one payee and included within one sub-account is
                       less than $100,000, only the aggregate number and
                     amount of all such payments included within the
                       sub-account need be shown. Provide a subtotal for
each type of service.     

                                                        [Enlarge/Download Table]


                                                                     RELATIONSHIP             
                                                                     "A"=ASSOCIATE            
                                    DESCRIPTION OF                   "NA"= NON                
FROM WHOM PURCHASED                 LARGEST INVOICE                   ASSOCIATE         AMOUNT
-------------------                 ---------------                  ----------------   ------

                                                                                              
Computer Technology Solutions, Inc. Information Technology Services          NA          356  
COMSYS                              Information Technology Services          NA          294  
Creative Financial Group, LTD       Financial Services                       NA          250  
Crossaccess Corporation             Software Consulting Services             NA          241  
Cybervault Services, Inc.           Information Technology Services          NA          103  
Daniel J. Edelman, Inc.             Consulting Services                      NA          173  
Dell Marketing, LP                  Information Technology Services          NA          416  
Deloitte & Touche LLP               Consulting Services                      NA          826  
Dewey Ballantine                    Financial Services                       NA          758  
Docucorp International              Programming Services                     NA          121  
Doozer Software, Inc.               Software Consulting Services             NA          537  
Drotter Human Resources, Inc.       Consulting Services                      NA          100  
Dun & Bradstreet                    Software Consulting Services             NA          133  
Earth Tech, Inc.                    Consulting Services                      NA          112  
Electric Power Research                                                                       
    Institute                       Research and Development                 NA        5,367  
Energy Ventures Analysis, Inc.      Marketing Services                       NA          101  
Entec Services, Inc.                Consulting Services                      NA          148  
Equifax Credit Info. Serv.          Credit Information Services              NA          673  
Ernst & Young, LLP                  Consulting Services                      NA          465  
ESRI Business Information                                                                     
    Solutions                       Information Technology Services          NA          107  
Forrester Research, Inc.            Information Technology Services          NA          136  
Fossil Energy Research Corp.        Research and Development                 NA          195  
GCI Group                           Public Relations Services                NA          424  
GE Energy Management Serv., Inc.    Information Technology Services          NA          122  
GE Purchase Card Services           Financial Services                       NA          115  
Georgia Power Company               Project Support                          A         9,796  


(Continued on page 24D)                                                         

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24D                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 OUTSIDE SERVICES EMPLOYED

 ACCOUNT 923

INSTRUCTIONS:              Provide a breakdown by sub-account of outside        
                         services employed. If the aggregate amounts paid to
                          any one payee and included within one sub-account is
                       less than $100,000, only the aggregate number and
                     amount of all such payments included within the
                       sub-account need be shown. Provide a subtotal for
each type of service.     

                                                        [Enlarge/Download Table]


                                                                    RELATIONSHIP             
                                                                    "A"=ASSOCIATE            
                                   DESCRIPTION OF                   "NA"= NON                
FROM WHOM PURCHASED                LARGEST INVOICE                   ASSOCIATE         AMOUNT
-------------------                ---------------                  ----------------   ------

                                                                                             
Georgia Tech Research Corporation  Research and Development                NA           312  
Georgia Transmission Corporation   Transmission Services                   NA           341  
Grubb & Ellis Management Serv.     Personnel Services                      NA           173  
Gulf Power Company                 Project Support                         A          1,617  
Hawthorn Group                     Consulting Services                     NA           329  
Hewitt Associates                  Personnel Services                      NA         5,072  
Intelligent Technology Systems     Information Technology Services         NA           161  
Intergraph Corporation             Software Consulting Services            NA           239  
Intermat, Inc.                     Software Consulting Services            NA           211  
Iron Mountain Records Management   Records Management                      NA           101  
James B. McClanahan                Environmental Services                  NA           169  
Jeffcoat & Associates, LP          Information Technology Services         NA           140  
Korn/Ferry International           Executive Search Services               NA           164  
Lee Hecht Harrison, Inc.           Personnel Services                      NA           116  
Lehigh University                  Research and Development                NA           113  
Liebman & Associates, Inc.         Research and Development                NA           134  
Lucid Partners, Inc.               Investor Relations                      NA           102  
M&D Power Constructors, Inc.       Construction Services                   NA         1,006  
Market Strategies                  Marketing Services                      NA           104  
Matrix Resources, Inc.             Consulting Services                     NA           251  
Maximus                            Information Technology Services         NA           167  
McDermott, Will & Emery            Consulting Services                     NA           505  
McLaren Consulting, Inc.           Software Consulting Services            NA           250  
Merrill Lynch Trust Company        Financial Services                      NA         1,624  
Merrill Lynch, Pierce, Fenner,                                                               
    & Smith, Inc.                  Financial Services                      NA         1,163  
Mesa Solutions, Inc.               Consulting Services                     NA           293  
Microsoft Services                 Information Technology Services         NA           564  
Mississippi Power Company          Project Support                         A            731  
Moody's Investor Services          Financial Services                      NA           420  
MSLI Western Region Collection     Information Technology Services         NA           181  


(Continued on page 24E)                                                         

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                                                                             24E
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 OUTSIDE SERVICES EMPLOYED

 ACCOUNT 923

INSTRUCTIONS:              Provide a breakdown by sub-account of outside        
                         services employed. If the aggregate amounts paid to
                          any one payee and included within one sub-account is
                       less than $100,000, only the aggregate number and
                     amount of all such payments included within the
                       sub-account need be shown. Provide a subtotal for
each type of service.     

                                                        [Enlarge/Download Table]


                                                                      RELATIONSHIP            
                                                                      "A"=ASSOCIATE           
                                     DESCRIPTION OF                   "NA"= NON               
FROM WHOM PURCHASED                  LARGEST INVOICE                   ASSOCIATE        AMOUNT
-------------------                  ---------------                  ----------------  ------

                                                                                              
New York Stock Exchange, Inc.        Financial Services                      NA           596 
Open Access Technology                                                                        
    International, Inc.              Information Technology Services         NA           283 
ORACLE Corporation                   Software Consulting Services            NA         1,860 
PA Consulting Services, Inc.         Consulting Services                     NA           366 
Pantellos Group Limited Partnership  Procurement Services                    NA         1,194 
Parson Consulting Company            Consulting Services                     NA           266 
Peoplesoft, Inc.                     Software Consulting Services            NA           169 
Powertech Labs, Inc.                 Software Consulting Services            NA           101 
Praeos Technologies, Inc.            Information Technology Services         NA           168 
Queen City Railroad Construction     Railcar Services                        NA           323 
R.W. Beck, Inc.                      Financial Services                      NA           323 
Robert T. Cobb                       Consulting Services                     NA           214 
Russell Reynolds Associates, Inc.    Consulting Services                     NA           194 
Sage Advantage, Inc.                 Call Monitoring Services                NA           104 
SAS Institute, Inc.                  Software Consulting Services            NA           235 
Savannah Electric & Power Co.        Project Support                         A            179 
Scott, Madden & Associates, Inc.     Consulting Services                     NA           770 
SCR-Tech, LLC                        Environmental Services                  NA           585 
Securitas Security Services US       Security Services                       NA           378 
Setrans                              Consulting Services                     NA           168 
Sideview Partners                    Consulting Services                     NA           102 
Software House International, Inc.   Information Technology Services         NA           881 
Southern Company Energy Solutions    Project Support                         A            133 
Southern Research Institute          Consulting Services                     NA           280 
Standard & Poor's Corporation        Financial Services                      NA           728 
Sungard CSS Software                 Software Consulting Services            NA           129 
Synergis                             Software Consulting Services            NA         1,310 
System Architechs, Inc.              Software Consulting Services            NA           285 
Systems Applications Intl            Consulting Services                     NA           252 


(Continued on page 24F)                                                         

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24F                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 OUTSIDE SERVICES EMPLOYED

 ACCOUNT 923

INSTRUCTIONS:              Provide a breakdown by sub-account of outside        
                         services employed. If the aggregate amounts paid to
                          any one payee and included within one sub-account is
                       less than $100,000, only the aggregate number and
                     amount of all such payments included within the
                       sub-account need be shown. Provide a subtotal for
each type of service.     

                                                        [Enlarge/Download Table]


                                                                           RELATIONSHIP              
                                                                           "A"=ASSOCIATE             
                                          DESCRIPTION OF                   "NA"= NON                 
FROM WHOM PURCHASED                       LARGEST INVOICE                   ASSOCIATE          AMOUNT
-------------------                       ---------------                  ----------------    ------

                                                                                                     
Tech Providers, Inc.                      Personnel Services                      NA            119  
Teksystems                                Information Technology Services         NA            708  
The North Highland Company, Inc.          Consulting Services                     NA            221  
The Smith-Free Group                      Consulting Services                     NA            136  
The Tiger Group, Inc.                     Information Technology Services         NA            105  
The University of Alabama                                                                            
    At Birmingham                         Research and Development                NA            246  
Thomson Financial / Carson                Financial Services                      NA            136  
Time and Money Consulting, Inc.           Consulting Services                     NA            104  
TQS Research, Inc.                        Market Research Studies                 NA            102  
URS Corporation                           Environmental Services                  NA            263  
Veritas Software Global, LLC              Software Consulting Services            NA            205  
Verity, Inc.                              Software Consulting Services            NA            130  
Vitria Technology, Inc.                   Software Consulting Services            NA            476  
Whitehead Construction, Inc.              Construction Services                   NA            293  
Z Solutions                               Consulting Services                     NA            223  

    1,138 Other Items Less Than $100,000  NA                                                 13,273  
                                                                                          ---------  

                                          Subtotal - Other Services                          98,918  
                                                                                          ---------  

                                                         TOTAL                              143,182  
                                                                                            =======  


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25                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

EMPLOYEE PENSIONS AND BENEFITS

 ACCOUNT 926

INSTRUCTIONS: Provide a listing of each pension plan and benefit program        
           provided by the service company. Such listing should be limited
to $25,000.                                         

DESCRIPTION                                            AMOUNT                   
-----------                                            ------                   

Pensions                                                409                     

Early Retirement Benefits                               958                     

Flexible Credit Benefits - Company Contributions     17,135                     

Post Retirement Medical Benefits                      8,978                     

Post Retirement Life Benefits                         3,665                     

Post Employment Benefits                              1,058                     

Minority Scholarship Program                             -                      

Educational Assistance Plan                             325                     

Employee Savings Plan/ESOP - Company Contribution    10,005                     

Employee Health and Physical Examinations                67                     

Other (Employees' Professional Fees and                                         
Other Employee Fringe Benefits)                   2,205                 
                                 -------

TOTAL                                             44,805                
                                 =======

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                                                                            26
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

GENERAL ADVERTISING EXPENSES

 ACCOUNT 930.1

INSTRUCTIONS:              Provide a listing of the amount included in Account  
                        930.1, "General Advertising Expenses", classifying
                          the items according to the nature of the advertising
                    and as defined in the account definition. If a
                      particular class includes an amount in excess of
                          $3,000 applicable to a single payee, show separately
                    the name of the payee and the aggregate amount
applicable thereto.       

In the past, advertising expenses were paid directly by the Southern Company. In
1999, however, the Company began to reflect these expenses on its books. While  
these costs are billed to the holding company, the change was made to recognize 
the Service Company's role in managing these expenses and to add efficiency to  
the operations of the Company. 2003 advertising expenses are as follows:        

NAME OF PAYEE                        DESCRIPTION                     AMOUNT     
-------------                        -----------                     ------     

Arena Advertising                                                               
(Alvin Alley Dance Theatre)      Corporate Branding                   8 
Atlanta Braves                       Sports Marketing                   470     
Billy Andrade                        Sports Marketing                   103     
Financial Times, LTD                 Corporate Branding                   6     
Fitzgerald & Co.                     Corporate Branding               6,148     
Fortune Magazine                     Corporate Branding                   5     
GCI Group                            Corporate Branding                   5     
Georgia Public Broadcasting          Corporate Branding                  50     
Grey Worldwide Atlanta               Corporate Branding                 586     
Joe Inman, Inc.                      Sports Marketing                   175     
Lattimer Moffitt Communication       Corporate Branding                 708     
Leaders Magazine, Inc.               Corporate Branding                  17     
Ontelcom, Inc.                       Corporate Branding                  64     
PGA Tournament Corporation, Inc.     Sports Marketing                 3,520     
Public Broadcasting Atlanta          Corporate Branding                   7     
Scholarship Program Administrators   Corporate Branding                  33     
Stewart Cink                         Sports Marketing                    88     
Tasteful Events, Inc.                Corporate Branding                   6     
The Game, LLC                        Sports Marketing                    18     
Turner South                         Corporate Branding               1,541     
Unlimited Outdoors                   Sports Marketing                    50     
WP Productions, Inc.                 Sports Maketing                     45     
All other Items less than $3,000                                     22 
                                                            ----------

                                TOTAL                           13,675
                                                              ========

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27                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

MISCELLANEOUS GENERAL EXPENSES

 ACCOUNT 930.2

INSTRUCTIONS: Provide a list of the amount included in Account 930.2,           
             "Miscellaneous General Expenses", classifying the items according
           to their nature. Payments and expenses permitted by Section 321
       (b) (2) of the Federal Election Campaign Act, as amended by
      Public Law 94-284 in 1976 (2 U.S.C.S. 441 (b) (2) shall be
separately classified.                              

DESCRIPTION                                                       AMOUNT        
-----------                                                       ------        

Employee Training                                                  2,488        

Expenses of SCS Employees Located at Operating Co.                 2,174        

Meals, Lodging, & Incidentals Related to                                        
Meetings & Conferences                                           6,552      

Dues and Memberships                                               1,320        

Recruiting, Interviewing, & Placement                                           
of Employees                                                       232      

Other General Expenses *                                           (583)        
                                                         ---------

TOTAL                                                         12,183    
                                                         =======

* Credit includes expenses transferred to CWIP and funds received for           
transmission impact and facilities studies.                                     

( ) Denotes red figure.                                                         

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                                                                            28
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 RENTS

 ACCOUNT 931

INSTRUCTIONS: Provide a listing of the amount included in Account 931, "Rents", 
        classifying such expenses by major groupings of property, as
      defined in the account definition of the Uniform System of
Accounts.                                           

DESCRIPTION                                                        AMOUNT       
-----------                                                        ------       

Office Rents                                                       26,293       

Computer and Other Data Processing Equipment Rental                18,947       

IR Equipment - Capital Lease                                        2,435       

Software                                                            2,047       

All Other (Automobile, Office Furniture & Equipment,                            
Miscellaneous Storage, Equipment Rental & Aircraft)             4,689   
                                                           -------

TOTAL                                                          54,411   
                                                           =======

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29                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 TAXES OTHER THAN INCOME TAXES

 ACCOUNT 408

INSTRUCTIONS: Provide an analysis of Account 408, "Taxes Other Than Income      
         Taxes". Separate the analysis into two groups: (1) other than
         U.S. Government taxes, and (2) U.S. Government taxes. Specify
            each of the various kinds of taxes and show the amounts thereof.
Provide a subtotal for each class of tax.           

KIND OF TAX                                       AMOUNT                        
-----------                                       ------                        

Other Than U.S. Government Taxes                                                

State Unemployment                               187                    

City/Business License Tax                        -                      

Property and Other City and State              1,066                    
                          ------

Subtotal - Other                          1,253               
                          ------

U.S. Government Taxes                                                           

Federal Insurance Contributions Act           23,014                    

Federal Unemployment                             278                    
                         -------

Subtotal - U.S. Government               23,292               
                         -------

TOTAL                                         24,545                    
                         =======

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                                                                          30
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 DONATIONS

 ACCOUNT 426.1

INSTRUCTIONS:  Provide a listing of the amount included in Account 426.1,       
        "Donations", classifying such expenses by its purpose. The
              aggregate number and amount of all items of less than $3,000 may
be shown in lieu of details.                      

                                                                [Download Table]


NAME OF RECIPIENT                                  PURPOSE OF DONATION   AMOUNT
-----------------                                  -------------------   ------

                                                                               
100 Black Men of Atlanta, Inc.                     Civic & Charitable        10
Alvin Alley American Dance Foundation              Civic & Charitable        75
American Heart Association                         Civic & Charitable        19
American Legislative Exchange Council              Support of Program         7
Americans for Balanced Energy Choices              Support of Program     1,000
Atlanta University Center                          Civic & Charitable        11
Auburn University Foundation                       Civic & Charitable        12
Auburn University Foundation                       Educational Matching      19
Auburn University Minority Engineering Program     Civic & Charitable         5
Boy Scouts of America                              Civic & Charitable         5
Business Institute for Political Analysis          Support of Program        10
Camp Smile-A-Mile                                  Civic & Charitable         5
Cancer Research Foundation of America              Support of Program        12
Capitol Hill Club                                  Civic & Charitable         5
Center for Legislative Energy & Env. Research      Support of Program         5
Chamber of Commerce of the USA                     Support of Program        30
Chick-Fil-A Peach Bowl                             Civic & Charitable         7
Children's Healthcare                              Civic & Charitable       100
Citizens for a Sound Economy Foundation            Civic & Charitable         5
City of Marion                                     Civic & Charitable        70
Congressional Coalition on Adoption Institute      Civic & Charitable         5
Congressional Sportsmen's Foundation               Support of Program        34
Council of Republicans for Environmental Advocacy  Support of Program        30
Danny Thompson Memorial Fund                       Civic & Charitable        10
Democratic Leadership Council                      Support of Program        25
Electric Reliability Coordinating Council          Support of Program     1,120
Electricity Reform Accountability Project          Support of Program       580
Emory University                                   Educational Matching       8
Florida House                                      Civic & Charitable        10
Florida Minority Supplier Development Council      Civic & Charitable         5
Ford's Theatre Society                             Civic & Charitable        90
Georgia Institute of Technology                    Civic & Charitable       115
Georgia Institute of Technology                    Educational Matching      24
Georgia State University                           Educational Matching       7
Global Environmental Management Initiative         Civic & Charitable        20
Gresham Middle School                              Civic & Charitable         5
Habitat for Humanity                               Civic & Charitable        31
Harvard University                                 Civic & Charitable        50
Horton's Kids, Inc.                                Civic & Charitable         5
Idaho State Society                                Civic & Charitable         5
Inroads / Birmingham, Inc.                         Civic & Charitable         6


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30A                                                                             
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 DONATIONS

 ACCOUNT 426.1

INSTRUCTIONS:  Provide a listing of the amount included in Account 426.1,       
        "Donations", classifying such expenses by its purpose. The
              aggregate number and amount of all items of less than $3,000 may
be shown in lieu of details.                      

                                                                [Download Table]


NAME OF RECIPIENT                                       PURPOSE OF DONATION   AMOUNT
-----------------                                       -------------------   ------

                                                                                    
Junior Achievement of Greater Birmingham, Inc.          Civic & Charitable         4
Kennedy Center                                          Civic & Charitable         8
KW Productions LLC (National Black College Job Fair)    Civic & Charitable         3
Lakeshore Foundation                                    Civic & Charitable         9
Louisiana Alive, Inc.                                   Support of Program         6
March of Dimes                                          Civic & Charitable         8
Metro Atlanta Chamber of Commerce                       Civic & Charitable        10
Metropolitan Development Board                          Civic & Charitable        15
Mississippi State University                            Educational Matching       4
MUSC Health Sciences Foundation                         Civic & Charitable        10
National Fish & Wildlife Foundation                     Civic & Charitable     1,200
National Governors Assn Center for Best Practices       Civic & Charitable        24
National Multiple Sclerosis Society                     Support of Program         8
National Press Foundation                               Civic & Charitable         3
National Wild Turkey Federation                         Support of Program         7
Omega Media, Inc. (Inspired Cultural                                                
  Excellence Awards)                                    Civic & Charitable         5
Open Fairways                                           Civic & Charitable         8
Prattville Fire Department                              Civic & Charitable         7
Roopville Elementary School                             Civic & Charitable         5
Society of Hispanic Professional Engineers              Civic & Charitable         3
Society of Women Engineers                              Civic & Charitable        15
Southeastern Junior Golf Tour                           Civic & Charitable        10
Students in Free Enterprise                             Civic & Charitable        25
Syracuse University                                     Educational Matching       3
Taste of the South                                      Support of Program        10
Tennessee State University                              Civic & Charitable        10
Tennessee Technological University                      Civic & Charitable         3
The Annapolis Center                                    Civic & Charitable       175
The Carter Center                                       Civic & Charitable        13
The Delay Foundation Golf Invitational                  Civic & Charitable        25
The Federalist Society for Law & Public Policy Studies  Civic & Charitable        10
The Foundation for Hospital Art                         Civic & Charitable         7
The Manufacturing Institute                             Civic & Charitable        20
The Progress & Freedom Foundation                       Support of Program       100
The University of Alabama                               Educational Matching       7
Tuskegee University                                     Civic & Charitable         5
U.S. Capitol Historical Society                         Civic & Charitable        12
United Way                                              Civic & Charitable       196


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                                                                           30B
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

 DONATIONS

 ACCOUNT 426.1

INSTRUCTIONS:  Provide a listing of the amount included in Account 426.1,       
        "Donations", classifying such expenses by its purpose. The
              aggregate number and amount of all items of less than $3,000 may
be shown in lieu of details.                      

                                                                [Download Table]


NAME OF RECIPIENT                             PURPOSE OF DONATION         AMOUNT 
-----------------                             -------------------         ------ 

                                                                                 
University of Georgia                         Educational Matching             3 
University of North Alabama                   Educational Matching             5 
Warehouse Productions, LLC                    Support of Program              10 
Waterfall Committee                           Civic & Charitable              17 
Wesleyan College                              Educational Matching             3 
Wolf Trap Foundation for the Performing Arts  Civic & Charitable              17 

81  Other Items (Less than $3,000)            Civic & Charitable              81 

69  Other Items (Less than $3,000)            Employee Matching Gift          29 

6   Other Items (Less than $3,000)            Support of Program               7 

Refunds of 2002 Donations                     Support of Program             (57)
                                                                      -----------

    TOTAL                                                                  5,705 
                                                                        ======== 


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31                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

OTHER DEDUCTIONS

 ACCOUNT 426.5

INSTRUCTIONS: Provide a listing of the amount included in Account 426.5, "Other 
             Deductions", classifying such expenses according to their nature.

DESCRIPTION                     NAME OF PAYEE                  AMOUNT           
-----------                     -------------                  ------           

NOT APPLICABLE                                                                  

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                                                                          32
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003
(Thousands of Dollars)

SCHEDULE XVIII

NOTES TO STATEMENT OF INCOME

INSTRUCTIONS:              The space below is provided for important notes      
                      regarding the statement of income or any account
                        thereof. Furnish particulars as to any significant
                        increase in services rendered or expenses incurred
                  during the year. Notes relating to financial
                      statements shown elsewhere in this report may be
  indicated here by reference.

See Notes to Financial Statements on Page 17                                    

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33                                                                      
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

ORGANIZATION CHART

                                                        [Enlarge/Download Table]


-------------------------------------------------------------------------------------------------------------------------- 
                                     Chairman, President and Chief Executive Officer                                       
                                                    Southern Company                                                       
-------------------------------------------------------------------------------------------------------------------------- 

                                                                                                                           
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
 President Southern    Exec. VP - Chief      Exec. VP -          VP -         Exec. VP, &      Exec. VP &     President &  
  Co. Generation &     Marketing Officer      External         Internal       SoCo CFO &        General       CEO SoCo Gas 
    Energy Mkt.                                Affairs         Auditing        Treasurer        Counsel                    
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------

---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
   VP - SCS & So.        VP - Product      VP - Corporate      Internal        Sr. VP -        VP and Sr.                  
     Power CFO            Management        Communication      Auditing      Comptroller &      Counsel                    
                                                              Directors         SCS CFO                                    
                                                                  (4                          VP & Assoc.                  
                                                              Positions)                      Gen. Counsel                 
                                                                                             (3 Positions)                 
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------

---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
 Sr. VP Engineering     VP - Marketing          VP -                         VP - Finance       Sr. VP -                   
   & Construction          Services         Governmental                                         Chief                     
      Services                                 Affairs                                        Transmission                 
                                                                                                Officer                    
   VP - Technical                                                                                                          
      Services                                                                                  Sr. VP -                   
                                                                                              Transmission                 
  VP Fossil/Hydro                                                                              Planning &                  
Eng., Procurement &                                                                            Operations                  
    Construction                                                                                                           
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------

---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
Sr.VP - Research &         Director -         VP - Supply                     Assistant        VP -                        
 Environmental         Customer Service           Chain                       Treasurer &     Corporate                    
     Affairs                                    Management                    Director Trust  Sec. & Assoc.                
                                                                                Finance       Gen. Counsel                 
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------

---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
   Executive VP -                              Director -                       Director -    Sr. VP -Human                
     Generation                                External                      Risk Management   Resources                   
                                               Affairs                                                                     
  Sr. VP - Energy                                                                             VP Compensation              
    - Marketing                                                                                 & Benefits                 

   VP - Business                                                                                                           
    Development                                                                                 VP-Employee                
                                                                                                Relations &                
 VP - Fleet Oper. &                                                                              Associate                 
      Trading                                                                                     General                  
                                                                                                  Counsel                  
  VP - Generation                                                                                                          
  Planning & Dev.                                                                                HR Directors              
                                                                                                (7 Positions)              
 VP - Fuel Services                                                                                                        

 Director - Fin. &                                                                                                         
 Contract Services                                                                                                         

     Director -                                                                                                            
Portfolio Management                                                                                                       
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------

---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
  Exec. VP & Chief                                                                             Sr. VP -                    
 Production Officer                                                                           Information                  
                                                                                               Technology                  
    VP - Senior                                                                                                            
Production Officers                                                                               Chief                    
   (5 Positions)                                                                               Information                 
                                                                                               Officers (5                 
                                                                                                Positions)                 

                                                                                                VP-Comp. &                 
                                                                                              Network Serv.                

                                                                                                 Director                  
                                                                                                Technology                 
                                                                                                 Planning                  
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------

---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
   VP & Associate                                                                              Director -                  
  General Counsel                                                                               Policy &                   
                                                                                                Planning                   
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------

---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------
                                                                                               Director -                  
                                                                                              Admin. Serv.                 
                                                                                               & Security                  
---------------------  ------------------  ----------------  -------------  ---------------- ---------------  -------------


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34                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

 METHODS OF ALLOCATION

SCS uses statistics based on a single year with a one-year lag; therefore, 2003 
allocations were based on 2001 statistics. Each participating company receives a
pro rata share based upon its statistics defined by the following methods.      
Multiple versions of the bases are available to reflect the exclusion of        
specific companies if they do not participate in or benefit from particular     
projects or services. In the following discussion, Client Operating Companies   
refer to Southern system companies that generate power, and Client Companies    
include all affiliates.                                                         

1.     Load Basis                                                     

            Annual operating area territorial load (defined as kilowatt-hours of
           total energy generated plus energy received minus energy delivered)
      plus other firm wholesale commitments of each Client Operating
        Company other than Southern Electric Generating Company (SEGCO).

2.     Customer Basis                                                 

            Number of year-end customers of each Client Operating Company (other
than SEGCO and Southern Power) and Southern Company Gas.

3.     Employee Basis                                                 

            Number of year-end employees of each Client Company. Employee groups
      not benefiting from certain services are not included in every
allocation.                                             

4.     Financial Basis                                                

           Average of the percentages of net fixed assets, operating expenses,
and operating revenues of each Client Company.          

5.     Fossil Fuel Generation Basis                                   

        Generation (kilowatt-hours) from all fossil fuel sources of each
        Client Operating Company. Generation from plants operated by the
          Southern system but jointly owned by external parties is included.
       Generation from plants jointly owned by Southern affiliates but
          operated by external parties is excluded. Generation jointly owned
         by Southern Company affiliates is assigned on an ownership basis.

        To equitably allocate a portion of general fuel-related costs to
       Southern Company Gas, the generation allocation was modified to
     recognize its share of total Southern system gas consumption.

6.     Coal Generation Basis                                          

         Generation (kilowatt-hours) from coal fuel sources of each Client
          Operating Company. Generation from plants operated by the Southern
            system but jointly owned by external parties is included. Generation
        from plants jointly owned by Southern affiliates but operated by
          external parties is excluded. Generation jointly owned by Southern
Company affiliates is assigned on an ownership basis.   

7.     Gas Generation Basis                                           

        Generation (kilowatt-hours) from gas fuel sources of each Client
          Operating Company. Generation from plants operated by the Southern
            system but jointly owned by external parties is included. Generation
        from plants jointly owned by Southern affiliates but operated by
          external parties is excluded. Generation jointly owned by Southern
Company affiliates is assigned on an ownership basis.   

        To equitably allocate a portion of general fuel-related costs to
       Southern Company Gas, the generation allocation was modified to
     recognize its share of total Southern system gas consumption.

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                                                                         34A
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

 METHODS OF ALLOCATION

8.     Fossil and Hydro Capacity Basis                                

           Fossil and hydro nameplate generating capacity (kilowatts) for each
          Client Operating company. Capacity operated by the Southern system
           but jointly owned by external parties is included. Capacity jointly
        owned by Southern affiliates but operated by external parties is
          excluded. Capacity jointly owned by Southern Company affiliates is
assigned on an ownership basis.                         

9.     Fossil Capacity Basis                                          

        Fossil nameplate generating capacity (kilowatts) for each Client
       Operating company. Capacity operated by the Southern system but
       jointly owned by external parties is included. Capacity jointly
        owned by Southern affiliates but operated by external parties is
          excluded. Capacity jointly owned by Southern Company affiliates is
assigned on an ownership basis.                         

10.     Coal Capacity Basis                                             

      Coal nameplate generating capacity (kilowatts) for each Client
       Operating company. Capacity operated by the Southern system but
       jointly owned by external parties is included. Capacity jointly
        owned by Southern affiliates but operated by external parties is
          excluded. Capacity jointly owned by Southern Company affiliates is
assigned on an ownership basis.                         

11.     Insurance Premium Basis                                         

Insurance premiums of each Client Company.              

12.     Salary Basis                                                    

Service Company labor billed to each Client Company.    

     In addition, overhead charges are allocated to the applicable
            companies based on standard rates applied to actual labor charges in
the current period.                                     

13.     Information Technology Division Salary Basis                    

          Service Company Information Technology labor billed to each Client
Company.                                                

14.     Capitalization Basis (Southern System Basis)                    

    Book capitalization (defined as long-term debt excluding the
            short-term portion, preferred securities, cumulative preferred stock
and common shareholder equity) of each Client Company.  

15.     Market-Based Equity Basis                                       

          Book equity adjusted to estimated fair market value of each Client
Company.                                                

16.     Personal Computers Basis                                        

          Number of personal computers of each Client Company. Organizations
          not benefiting from certain types of computers are not included in
every allocation.                                       

17.     System Aircraft Availability Basis                              

          Number of executives authorized to call out flights at each Client
Company.                                                

      Utilization of system aircraft is billed based on a comparable
undiscounted commercial fare for the itinerary flow. An 
          "availability fee," which represents the remaining costs of system
         aircraft operations, is allocated to the Client Companies on this
basis.                                                  

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                                                                            35
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

ANNUAL STATEMENT OF COMPENSATION FOR USE OF CAPITAL BILLED

The following annual statement was supplied to each associate client company    
regarding interest billed for compensation of equity capital and borrowed       
capital in 2003:                                                                

Pursuant to the amended Uniform System of Accounts for Mutual and Subsidiary    
Service Companies implemented in January 1980, the Company is required to submit
an annual statement to its associate client companies stating the amount and    
calculation of interest billed for compensation of equity capital and borrowed  
capital. The Company does not bill its associate client companies for           
compensation of equity capital.                                                 

In 2003, the Company initiated short-term borrowing exclusively from the        
Southern Company; other outside banking institutions were not used. The interest
rates on these borrowings ranged from 4.57% to 5.14%. Interest in the amount of 
$320,609 was accrued on the Southern Company borrowing and was billed to the    
client companies.                                                               

As of December 31, 2003, the Company reflected long-term debt outstanding from  
various institutions in the amount of $41,511,633. The interest rates on these  
borrowings ranged from 7.25% to 7.625%. Interest of $3,324,739 was accrued and  
billed to the client companies. Other long-term debt related to capitalized     
leases in the amount of $16,773,189 was outstanding. The interest rates on these
capitalized leases ranged from 4.59% to 8.00%. Interest of $955,693 was accrued 
and billed to the client companies.                                             

In 2003, the Company entered into a derivative to hedge exposure to interest    
rate changes. The derivative is accounted for as a fair value hedge. The Company
receives the fixed rate of 7.625% and pays six-month LIBOR plus 2.92%. As a     
result, interest of $482,504 was credited against the client companies' expenses
during 2003.                                                                    

In addition, during 2003, the Company incurred other interest of $696,495       
related to the Transmission Access deposits and $32,290 related to Miscellaneous
Expenses.                                                                       

All interest was billed to each company either on the appropriate fixed         
percentage allocation basis or on the salary allocation basis in accordance with
the SEC orders and service contracts. The interest on total service company     
indebtedness was billed to the associate and non-associate companies as follows:

The Southern Company                               $  210,397 
Alabama Power Company                               1,269,549 
Georgia Power Company                               1,765,049 
Gulf Power Company                                    317,191 
Mississippi Power Company                             266,630 
Savannah Electric & Power Company                      90,707 
Southern Electric Generating Company                   29,006 
Southern Nuclear Operating Company, Inc.              219,073 
Southern Company Energy Solutions, LLC                 21,405 
Southern Company Holdings, Inc.                        19,908 
Southern Management Development                        27,626 
Southern Communications Services, Inc.                 33,920 
Southern Electric Railroad Company                      1,164 
Southern Power Company                                359,295 
Southern Telecom Inc.                                   6,941 
Southern Company Gas, LLC                              90,584 
Southern Company Rail Services                          2,425 
Non-associate Companies                               116,452 
                                                ------------

                                                  $4,847,322

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36                                                                              
ANNUAL REPORT OF SOUTHERN COMPANY SERVICES, INC.

For the Year Ended December 31, 2003

SIGNATURE CLAUSE

   Pursuant to the requirements of the Public Utility Holding Company Act of
1935 and the rules and regulations of the Securities and Exchange Commission    
issued thereunder, the undersigned company has duly caused this report to be    
signed on its behalf by the undersigned officer thereunto duly authorized.      

 Southern Company Services, Inc.
 (Name of Reporting Company)

 By: /s/W. Dean Hudson
     -----------------
(Signature of Signing Officer)

W. Dean Hudson, Senior Vice President, Comptroller
 and Chief Financial Officer
 (Printed Name and Title of Signing Officer)

Date:  April 30, 2004

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Dates Referenced Herein

		Referenced-On Page
This ‘U-13-60’ Filing	Date	First	Last	Other Filings

	12/15/09	28		None on these Dates
	12/1/04	28
Filed on / Effective on:	4/30/04	59
For Period End:	12/31/03	1	59
	1/1/03	1
	12/15/99	28
				List all Filings

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Filing Submission 0000092122-04-000174 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Southern Co Services Inc – ‘U-13-60’ for 12/31/03

On: Friday, 4/30/04, at 5:55pm ET · Effective: 4/30/04 · For: 12/31/03 · Accession #: 92122-4-174 · File #: 49-00059

Previous ‘U-13-60’: ‘U-13-60’ on 4/30/03 for 12/31/02 · Next & Latest: ‘U-13-60’ on 4/29/05 for 12/31/04

Annual Report of a Mutual or Subsidiary Service Company — Form U-13-60Filing Table of Contents

Document Table of Contents

Dates Referenced Herein

Annual Report of a Mutual or Subsidiary Service Company — Form U-13-60
Filing Table of Contents