Print Page  Close Window

SEC Filings

S-4
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4 on 04/30/1999
Entire Document
 
<PAGE>   197
 
                 MARCUS CABLE COMPANY, L.L.C. AND SUBSIDIARIES
                     CONSOLIDATED STATEMENTS OF CASH FLOWS
                                 (IN THOUSANDS)
 

<TABLE>
<CAPTION>
                                               SUCCESSOR (NOTE 1)                    PREDECESSOR (NOTE 1)
                                              --------------------    ---------------------------------------------------
                                                                                                YEAR ENDED DECEMBER 31,
                                              PERIOD FROM APRIL 23    PERIOD FROM JANUARY 1    --------------------------
                                              TO DECEMBER 23, 1998      TO APRIL 22, 1998        1997             1996
                                              --------------------    ---------------------      ----             ----
<S>                                           <C>                     <C>                      <C>              <C>
Cash flows from operating activities:
  Net loss..................................       $(133,796)               $(112,062)         $(109,229)       $(100,070)
  Adjustments to reconcile net loss to net
    cash provided by operating activities:
    Extraordinary item -- gain on early
      retirement of debt....................          (2,384)                      --                 --               --
    Gain on sale of assets..................              --                  (43,662)                --           (6,442)
    Depreciation and amortization...........         174,969                   64,669            188,471          166,429
    Non cash interest expense...............          52,942                   24,819             72,657           63,278
    Amortization of carrying value
      premium...............................         (11,043)                      --                 --               --
    Changes in assets and liabilities, net
      of working capital adjustments for
      acquisitions:
      Accounts receivable, net..............           6,550                    1,330             (6,439)             (70)
      Prepaid expenses and other............          (1,356)                  (1,855)                95             (574)
      Other assets..........................              --                      (16)              (385)            (502)
      Payables to related party.............           3,048                       --                 --               --
      Accrued liabilities...................          (1,504)                  90,804              9,132           (3,063)
                                                   ---------                ---------          ---------        ---------
         Net cash provided by operating
           activities:......................          87,426                   24,027            154,302          118,986
                                                   ---------                ---------          ---------        ---------
Cash flows from investing activities:
  Acquisition of cable systems..............              --                  (57,500)           (53,812)         (10,272)
  Proceeds from sale of assets, net of cash
    acquired and selling costs..............         340,568                   64,564                 --           20,638
  Additions to property, plant and
    equipment...............................        (158,388)                 (65,715)          (197,275)        (110,639)
  Other.....................................            (648)                     (42)                --               --
                                                   ---------                ---------          ---------        ---------
         Net cash provided by (used in)
           investing activities:............         181,532                  (58,693)          (251,087)        (100,273)
                                                   ---------                ---------          ---------        ---------
Cash flows from financing activities:
  Borrowings under Senior Credit Facility...         158,750                   59,000            226,000           65,000
  Repayments under Senior Credit Facility...        (343,250)                 (16,250)          (131,250)         (95,000)
  Repayments of notes and debentures........        (109,344)                      --                 --               --
  Payment of debt issuance costs............              --                      (99)            (1,725)              --
  Cash contributed by member................          20,000                       --                 --               --
  Payments on other long-term liabilities...            (550)                    (321)              (667)             (88)
                                                   ---------                ---------          ---------        ---------
         Net cash provided by (used in)
           financing activities.............        (274,394)                  42,330             92,358          (30,088)
                                                   ---------                ---------          ---------        ---------
Net decrease in cash and cash equivalents...          (5,436)                   7,664             (4,427)         (11,375)
Cash and cash equivalents at the beginning
  of the period.............................           9,271                    1,607              6,034           17,409
                                                   ---------                ---------          ---------        ---------
Cash and cash equivalents at the end of the
  period....................................       $   3,835                $   9,271          $   1,607        $   6,034
                                                   =========                =========          =========        =========
Supplemental disclosure of cash flow
  information:
  Interest paid.............................       $  52,631                $  28,517          $  81,155        $  83,473
                                                   =========                =========          =========        =========
</TABLE>

 
          See accompanying notes to consolidated financial statements.
                                      F-42