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SEC Filings

8-K/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 8-K/A on 01/26/2000
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<TABLE>
<CAPTION>
                                                           UNAUDITED PRO FORMA STATEMENT OF OPERATIONS
                                                                     YEAR ENDED DECEMBER 31, 1998
                                             ------------------------------------------------------------------------------------
                                              CHARTER
                                           COMMUNICATIONS,     MARCUS         RECENT                        FALCON       OFFERING
                                                INC.          HOLDINGS     ACQUISITIONS                  ACQUISITION    ADJUSTMENTS
                                              (NOTE A)        (NOTE B)       (NOTE C)        SUBTOTAL      (NOTE C)      (NOTE D)  
                                             ---------       ----------     ----------     ------------   -----------    --------  
                                                             (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)

<S>                                          <C>             <C>            <C>            <C>            <C>            <C>      
Revenues.................................    $ 601,953       $  457,929     $  597,471     $  1,657,353   $   427,118    $      - 
                                             ---------       ----------     ----------     ------------   -----------    -------- 
Operating expenses:
  Operating, general and administrative..      304,555          236,595        291,989          833,139       211,651           - 
  Depreciation and amortization..........      370,406          258,348        330,566          959,320       278,664           - 
  Stock option compensation expense......          845                -              -              845             -           - 
  Corporate expense charges (Note E).....       16,493           17,042         20,991           54,526         8,453           - 
  Management fees........................            -                -         14,668           14,668            85           - 
                                             ---------       ----------     ----------       ----------    ----------   --------- 
    Total operating expenses.............      692,299          511,985        658,214        1,862,498       498,853           - 
                                             ---------       ----------     ----------       ----------    ----------   --------- 
Loss from operations.....................      (90,346)         (54,056)       (60,743)        (205,145)      (71,735)          - 
Interest expense.........................     (200,794)        (137,627)      (239,681)        (578,102)     (184,471)    (15,237)
Other income (expense)...................          518               -          (5,825)          (5,307)            -           - 
                                             ---------       ----------     ----------       ----------    ----------   --------- 
Loss before minority interest and
    extraordinary item...................     (290,622)        (191,683)      (306,249)        (788,554)     (256,206)    (15,237)
Minority interest........................        5,275                -              -            5,275             -     656,163 
                                             ---------       ----------     ----------       ----------    ----------   --------- 
Loss before minority interest............    $(285,347)      $ (191,683)    $ (306,249)      $ (783,279)   $ (256,206)  $ 640,926 
                                             =========       ==========     ==========       ==========    ==========   ========= 

Basic loss per share (Note F)............


Diluted loss per share (Note F)..........


Weighted average shares outstanding:
   Basic (Note G)........................
   Diluted (Note G)......................

OTHER FINANCIAL DATA:
Adjusted EBITDA (Note H).................    $ 297,398       $  221,334    $  305,482        $  824,214       215,467
Adjusted EBITDA margin (Note I)..........         49.4%            48.3%         51.1%             49.7%         50.4%

<CAPTION>

 
                                          UNAUDITED PRO FORMA STATEMENT OF OPERATIONS
                                                 YEAR ENDED DECEMBER 31, 1998
                                         --------------------------------------------
                                                             TOTAL
                                                         ------------
                                         (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)
<S>                                            <C>          
Revenues.................................                $  2,084,471
                                                         ------------
Operating expenses:                       
  Operating, general and administrative..                   1,044,790
  Depreciation and amortization..........                   1,237,984
  Stock option compensation expense......                         845
  Corporate expense charges (Note E).....                      62,979
  Management fees........................                      14,753
                                                         ------------
    Total operating expenses.............                   2,361,351
                                                         ------------
Loss from operations.....................                    (276,880)
Interest expense.........................                    (777,810)
Other income (expense)...................                      (5,307)
                                                         ------------
Loss before minority interest and         
    extraordinary item...................                  (1,059,997)
Minority interest........................                     661,438
                                                         ------------
Loss before minority interest............                $   (398,559)
                                                         ============
                                                                      
Basic loss per share (Note F)............                $      (5.70)
                                                         ============
                                                                      
Diluted loss per share (Note F)..........                $      (5.70)
                                                         ============
                                                                      
Weighted average shares outstanding:                                  
   Basic (Note G)........................                  69,914,573
   Diluted (Note G)......................                  69,914,573
                                                                      
OTHER FINANCIAL DATA:                                                 
Adjusted EBITDA (Note H).................                $  1,039,681
Adjusted EBITDA margin (Note I)..........                        49.9%
                                          
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