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S-4
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4 on 01/25/2000
Entire Document
 
<PAGE>   509
 
                      RIFKIN ACQUISITION PARTNERS, L.L.L.P
 
                           CONSOLIDATED BALANCE SHEET
                                  (UNAUDITED)
 

<TABLE>
<CAPTION>
                                                           SEPTEMBER 13,    DECEMBER 31,
                                                               1999             1998
                                                           -------------    ------------
<S>                                                        <C>              <C>
ASSETS
Cash and cash equivalents................................  $  4,475,108     $  2,324,892
Customer accounts receivable, net of allowance for
  doubtful accounts of $292,183 and $444,839 in 1999 and
  1998, respectively.....................................     1,258,522        1,932,140
Other receivables........................................     3,384,472        5,637,771
Prepaid expenses and other...............................     1,616,219        2,398,528
Property, plant and equipment, at cost:
  Cable television transmission and distribution system
     and related Equipment...............................   171,842,780      149,376,914
  Land, buildings, vehicles and furniture and fixtures...     8,946,860        7,421,960
                                                           ------------     ------------
                                                            180,789,640      156,798,874
Less accumulated depreciation............................   (45,505,661)     (35,226,773)
                                                           ------------     ------------
  Net property, plant and equipment......................   135,283,979      121,572,101
Franchise costs and other intangible assets, net of
  accumulated amortization of $80,047,118 and $67,857,545
  in 1999 and 1998, respectively.........................   164,685,102      183,438,197
                                                           ------------     ------------
     Total assets........................................  $310,703,402     $317,303,629
                                                           ============     ============
LIABILITIES AND PARTNERS' CAPITAL
Liabilities:
  Accounts payable and accrued liabilities...............  $ 21,109,515     $ 11,684,594
  Customer deposits and prepayments......................     1,514,732        1,676,900
  Payable to Affiliates..................................       303,047               --
  Interest payable.......................................     3,234,019        7,242,954
  Deferred tax liability, net............................     5,967,000        7,942,000
  Notes payable..........................................   236,075,000      224,575,000
                                                           ------------     ------------
     Total liabilities...................................   268,203,313      253,121,448
Commitments
Redeemable partners' interests...........................    16,128,800       10,180,400
Partners' capital (deficit):
  General partner........................................    (2,950,894)      (1,991,018)
  Limited partners.......................................    29,029,520       55,570,041
  Preferred equity interest..............................       292,663          422,758
                                                           ------------     ------------
     Total partners' capital.............................    26,371,289       54,001,781
                                                           ------------     ------------
     Total liabilities and partners' capital.............  $310,703,402     $317,303,629
                                                           ============     ============
</TABLE>

 
The accompanying notes are an integral part of these financial statements.
 
                                      F-280