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RENAISSANCE MEDIA GROUP LLC filed this Form 10-Q on 10/20/1998
Entire Document
                          Renaissance Media Group LLC
                     Consolidated Statement of Cash Flows
                         (All Dollar Amounts in 000's)

                                                                                                  Six Months Ended
                                                                                                    June 30, 1998
<S>                                                                                          <C> 
Operating Activities:
Net Income (loss)                                                                                                $(3,598)
Adjustments to non-cash and non-operating items:
  Depreciation and amortization                                                                                     5,483
  Accretion on senior discount notes and non-cash interest expense                                                  2,274
  Changes in operating assets and liabilities:
     Accounts receivable - other                                                                                    (400)
     Accounts receivable - trade, net                                                                             (1,022)
     Prepaid expenses and other assets                                                                              (360)
     Accounts payable                                                                                                 640
     Accrued expenses                                                                                               8,298
     Subscriber advance payments and deposits                                                                         602
     Other liabilities                                                                                                  4
     Advances from affiliates                                                                                         104
     Deferred marketing support                                                                                       509
Net cash provided by operating activities                                                                          12,534

Investing Activities:
  Purchased cable television systems:
    Property, plant and equipment                                                                                (65,216)
    Cable television franchises                                                                                 (235,676)
    Cash paid in excess of identifiable assets                                                                    (8,608)
  Capital expenditures                                                                                              (691)
  Cable television franchises                                                                                     (1,235)
  Other Intangible assets                                                                                           (490)
Net cash used in investing activities                                                                           (311,916)

Financing Activities:
  Debt acquisition costs                                                                                          (8,343)
  Principal repayments on bank debt                                                                               (7,500)
  Proceeds from bank debt                                                                                         110,000
  Proceeds from 10% Senior Discount Notes                                                                         100,012
  Capital Contributions (includes cash contributed by Renaissance Media Holdings, LLC)                            108,500
Net cash provided by financing activities                                                                         302,669
Net increase in cash and cash equivalents                                                                           3,287
Cash and cash equivalents at beginning of period                                                                        _
Cash and cash equivalents at end of period                                                                         $3,287
          See accompanying notes to consolidated financial statements