Print Page  Close Window

SEC Filings

10-Q
AVALON CABLE OF MICHIGAN INC/ filed this Form 10-Q on 11/12/1999
Entire Document
 
<PAGE>
 
                       AVALON CABLE LLC AND SUBSIDIARIES

                     CONSOLIDATED STATEMENT OF OPERATIONS
                                (In thousands)



<TABLE>
<CAPTION>
                                                               For the Three Months Ended      For the Nine Months Ended
                                                               September 30, September 30,     September 30, September 30,
                                                                   1999          1998             1999            1998
                                                               -----------    ----------       ----------      ----------
                                                                      (Unaudited)                      (Unaudited)    
<S>                                                            <C>             <C>             <C>               <C>
Revenue                                                                                                       
        Basic services                                         $ 23,161        $1,992          $ 65,225          $2,123           
        Premium services                                          2,095            70             6,174              85           
        Other                                                     3,172           153             8,799             161           
                                                               --------        ------          --------          ------
                  Total revenues                                 28,428         2,215            80,198           2,369            
                                                                                                                                  
Operating expenses                                                                                                                
        Selling, general and administrative                       5,008           418            14,576             439           
        Programming                                               7,406           623            21,372             662           
        Technical and operations                                  3,262           198             9,171             216           
        Depreciation and amortization                            11,478           602            33,574             654           
                                                               --------        ------          --------          ------
Income from operations                                            1,274           374             1,505             398            
                                                                                                                                  
Other income (expense)                                                                                                            
        Interest income                                              35            --               743              --           
        Interest expense                                        (11,094)         (675)          (34,340)           (680)          
                                                               --------        ------          --------          ------           
Loss before income taxes                                         (9,785)         (301)          (32,092)           (282)          
Benefit from income taxes                                            --            --             1,362              --           
                                                               --------        ------          --------           ------          
        Net loss                                               $ (9,785)       $ (301)         $(30,730)         $ (282)          
                                                               ========        ======          ========           ======          
</TABLE>

The accompanying notes are an integral part of these consolidated financial
statements.