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SEC Filings

S-4/A
RENAISSANCE MEDIA GROUP LLC filed this Form S-4/A on 09/04/1998
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,                     PERIOD ENDED
                          -------------------------------------------- --------------------------------
                                                                                           APRIL 8,
                              1995           1996           1997       MARCH 31, 1997        1998
                          ------------- --------------  -------------- ----------------  --------------
                          (PREDECESSOR) (INCLUDED IN TWI CABLE INC.)   (INCLUDED IN TWI CABLE INC.)
                                                                               (UNAUDITED)
<S>                       <C>           <C>             <C>            <C>               <C>
OPERATING ACTIVITIES:
Net (loss) income.......     $(5,352)   $        2,350  $       3,484   $          642   $        1,358
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            5,031
  (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)             289
    Accounts payable,
     accrued expenses
     and other
     liabilities........        (972)              176           (466)            (998)            (770)
    Other balance sheet
     changes............         --                --            (529)             (39)              (4)
                             -------    --------------  -------------   --------------   --------------
Net cash provided by
 operations.............       7,523            23,088         23,604            4,787            6,999
INVESTING ACTIVITIES:
Purchase of Predecessor
 cable systems, net of
 cash acquired..........         --           (249,473)           --               --               --
Capital expenditures....      (7,376)           (8,170)        (6,390)          (1,561)            (613)
                             -------    --------------  -------------   --------------   --------------
Net cash used in
 investing activities...      (7,376)         (257,643)        (6,390)          (1,561)            (613)
FINANCING ACTIVITIES:
Advance from Parent for
 purchase of
 Predecessor............         --            250,039            --               --               --
Net repayment of
 advances from Parent...         --            (14,914)       (16,413)          (1,281)          (7,750)
                             -------    --------------  -------------   --------------   --------------
Net cash provided by
 (used in) financing
 activities.............         --            235,125        (16,413)          (1,281)          (7,750)
INCREASE IN CASH AND
 CASH EQUIVALENTS.......         147               570            801            1,945           (1,364)
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   $            7
                             =======    ==============  =============   ==============   ==============
</TABLE>

 
            See accompanying notes to combined financial statements.
 
                                      F-22