Print Page  Close Window

SEC Filings

424B3
RENAISSANCE MEDIA GROUP LLC filed this Form 424B3 on 11/13/1998
Entire Document
 
<PAGE>

                          RENAISSANCE MEDIA GROUP LLC
                     Consolidated Statement of Cash Flows
                         (All Dollar Amounts in 000's)



<TABLE> 
<CAPTION> 
                                                                                            Nine Months Ended
                                                                                           September 30, 1998
                                                                                               (unaudited)
                                                                                      ------------------------------
<S>                                                                                  <C> 
Operating Activities:
  Net (loss)                                                                                             
  Adjustments to non-cash and non-operating items:                                            $      (8,030)
  Depreciation and amortization                                                                      12,259
  Accretion on senior discount notes and non-cash interest expense                                    4,835
  Changes in operating assets and liabilities:
     Accounts receivable - other                                                                       (543)
     Accounts receivable - trade, net                                                                (1,003)
     Prepaid expenses and other assets                                                                ( 530)
     Accounts payable                                                                                    32
     Accrued expenses                                                                                 7,890
     Subscriber advance payments and deposits                                                           644
     Other liabilities                                                                                    8
     Advances from affiliates                                                                           104
     Deferred marketing support                                                                         478
                                                                                              --------------
  Net cash provided by operating activities                                                          16,144

Investing Activities:
  Purchased cable television systems:
    Property, plant and equipment                                                                   (65,291)
    Cable television franchises                                                                    (235,701)
    Cash paid in excess of identifiable assets                                                       (8,608)
  Capital expenditures                                                                               (2,260)
  Cable television franchises                                                                        (1,510)
  Other Intangible assets                                                                              (463)
                                                                                              --------------
Net cash used in investing activities                                                              (313,833)

Financing Activities:
  Debt acquisition costs                                                                             (8,344)
  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)               108,600
                                                                                              --------------
Net cash provided by financing activities                                                           302,768
                                                                                              --------------
Net increase in cash and cash equivalents                                                             5,079
Cash and cash equivalents at beginning of period                                                          -
                                                                                              --------------
Cash and cash equivalents at end of period                                                     $      5,079         
                                                                                              ==============
</TABLE>
 

          See accompanying notes to consolidated financial statements

                                       4