Print Page  Close Window

SEC Filings

S-4
RENAISSANCE MEDIA GROUP LLC filed this Form S-4 on 06/12/1998
Entire Document
 
<PAGE>
 
           PICAYUNE MS, LAFOURCHE LA, ST. TAMMANY LA, ST. LANDRY LA,
           POINTE COUPEE LA, AND JACKSON TN CABLE TELEVISION SYSTEMS
 
                       COMBINED STATEMENTS OF CASH FLOWS
                                 (IN THOUSANDS)
 

<TABLE>
<CAPTION>
                                   YEAR ENDED DECEMBER 31,               THREE MONTHS ENDED MARCH 31,
                          -------------------------------------------- -----------------------------------
                              1995           1996           1997            1997            1998
                          ------------- --------------  -------------- --------------  --------------
                          (PREDECESSOR) (INCLUDED IN TWI CABLE INC.)   (INCLUDED IN TWI CABLE INC.)
                                                                                (UNAUDITED)
<S>                       <C>           <C>             <C>            <C>             <C>             <C>
OPERATING ACTIVITIES:
Net (loss) income.......     $(5,352)   $        2,350  $       3,484  $          642  $        1,455
Adjustments for noncash
 and nonoperating items:
  Income tax (benefit)
   expense..............      (3,567)            1,502          2,262             659           1,191
  Depreciation and
   amortization.........      17,610            18,360         18,697           4,667           4,707
  (Gain) loss on
   disposal of fixed
   assets...............         --               (244)           620               5             (96)
  Changes in operating
   assets and
   liabilities:
    Receivables,
     prepaids and other
     assets.............        (196)              944           (464)           (149)           (526)
    Accounts payable,
     accrued expenses
     and other
     liabilities........        (972)              176           (466)           (998)           (596)
    Other balance sheet
     changes............         --                --            (529)            (39)           (114)
                             -------    --------------  -------------  --------------  --------------
Net cash provided by
 operations.............       7,523            23,088         23,604           4,787           6,021
INVESTING ACTIVITIES:
Purchase of Predecessor
 cable systems, net of
 cash acquired..........         --           (249,473)           --              --              --
Capital expenditures....      (7,376)           (8,170)        (6,390)         (1,561)           (456)
                             -------    --------------  -------------  --------------  --------------
Net cash used in
 investing activities...      (7,376)         (257,643)        (6,390)         (1,561)           (456)
FINANCING ACTIVITIES:
Advance from Parent for
 purchase of
 Predecessor............         --            250,039            --              --              --
Net distribution to
 Parent.................         --            (14,914)       (16,413)         (1,281)         (3,993)
                             -------    --------------  -------------  --------------  --------------
Net cash provided by
 (used in) financing
 activities.............         --            235,125        (16,413)         (1,281)         (3,993)
INCREASE IN CASH AND
 CASH EQUIVALENTS.......         147               570            801           1,945           1,572
CASH AND CASH
 EQUIVALENTS AT
 BEGINNING OF PERIOD....         419                 0            570             570           1,371
                             -------    --------------  -------------  --------------  --------------
CASH AND CASH
 EQUIVALENTS AT END OF
 PERIOD.................     $   566    $          570  $       1,371  $        2,515  $        2,943
                             =======    ==============  =============  ==============  ==============
</TABLE>

 
            See accompanying notes to combined financial statements.
 
                                      F-12