Print Page  Close Window

SEC Filings

S-4
AVALON CABLE OF MICHIGAN INC/ filed this Form S-4 on 04/01/1999
Entire Document
 
<PAGE>
 
                     CABLE MICHIGAN, INC. AND SUBSIDIARIES
 
                     CONSOLIDATED STATEMENTS OF CASH FLOWS
 

<TABLE>
<CAPTION>
                                                                      For the
                                                     For the Years  Period from
                                                    Ended December  January 1,
                                                          31,         1998 to
                                                    --------------- November 5,
                                                     1996    1997      1998
                                                    ------- ------- -----------
                                                      (dollars in thousands)
<S>                                                 <C>     <C>     <C>
Supplemental disclosures of cash flow information
Cash paid during the year for
  Interest......................................... $15,199 $11,400   $7,777
  Income taxes.....................................      29     370      315
</TABLE>

 
Supplemental Schedule of Non-cash Investing and Financing Activities:
 
  In September 1997, in connection with the transfer of CTE's investment in
  Mercom to the Company, the Company assumed CTE's $15,000 Term Credit
  Facility.
 
  Certain intercompany accounts receivable and payable and intercompany note
  balances were transferred to shareholders' net investment in connection
  with the Distribution described in note 1.
 
 
                 The accompanying notes are an integral part of
                    these consolidated financial statements.
 
                                      F-8