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S-4
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4 on 01/25/2000
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<PAGE>   433
                     RIFKIN ACQUISITION PARTNERS, L.L.L.P.
 
           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
 
     The following tables present summarized financial information of the
Guarantors on a combined basis as of December 31, 1998 and 1997 and for the
years ended December 31, 1998, and 1997 and 1996.
 

<TABLE>
<CAPTION>
                                    12/31/98        12/31/97
         BALANCE SHEET            ------------    ------------
<S>                               <C>             <C>             <C>
Cash............................  $    373,543    $    780,368
Accounts and other receivables,
net.............................     3,125,830       3,012,571
Prepaid expenses................       791,492         970,154
Property, plant and equipment
  net...........................    48,614,536      66,509,120
Franchise costs and other
  intangible assets, net........    56,965,148     103,293,631
Accounts payable and accrued
  liabilities...................    22,843,354      18,040,588
Other liabilities...............       980,536       1,122,404
Deferred taxes payable..........     7,942,000      12,138,000
Notes payable...................   140,050,373     167,200,500
Equity (deficit)................   (61,945,714)    (23,935,648)
</TABLE>

 

<TABLE>
<CAPTION>
                                   YEAR ENDED      YEAR ENDED      YEAR ENDED
                                    12/31/98        12/31/97        12/31/96
    STATEMENTS OF OPERATIONS      ------------    ------------    ------------
<S>                               <C>             <C>             <C>
Total revenue...................  $ 29,845,826    $ 47,523,592    $ 42,845,044
Total costs and expenses........   (31,190,388)    (53,049,962)    (43,578,178)
Interest expense................   (14,398,939)    (17,868,497)    (16,238,221)
Income tax benefit..............     4,177,925       5,335,000       3,645,719
                                  ------------    ------------    ------------
Net loss........................  $(11,565,576)   $(18,059,867)   $(13,325,636)
                                  ============    ============    ============
</TABLE>

 
13.  QUARTERLY INFORMATION (UNAUDITED)
 
     The following interim financial information of the Company presents the
1998 and 1997 consolidated results of operations on a quarterly basis (in
thousands):
 

<TABLE>
<CAPTION>
                                               QUARTERS ENDED 1998
                                 ------------------------------------------------
                                 MARCH 31(a)    JUNE 30    SEPT. 30    DEC. 31(b)
                                 -----------    -------    --------    ----------
<S>                              <C>            <C>        <C>         <C>
Revenue........................    $22,006      $22,296    $22,335      $23,284
Operating income (loss)........        295          511     (1,522)       1,756
Net income (loss)..............      1,437       (4,458)    (5,907)      33,347
</TABLE>

 
-------------------------
 
     (a) First quarter includes a $5,900 gain from the sale of Michigan assets
         (Note 4).
 
     (b) Fourth quarter includes a $36,873 gain from the trade sale of certain
         Tennessee assets (Note 4).
 
                                      F-204