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S-4
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4 on 04/30/1999
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<TABLE>
<CAPTION>
                                                                YEAR ENDED DECEMBER 31, 1998
                                       -------------------------------------------------------------------------------
                                                                                PENDING      REFINANCING
                                        CHARTER       MARCUS      SUBTOTAL    ACQUISITIONS   ADJUSTMENTS      TOTAL
                                       ----------   ----------   ----------   ------------   -----------   -----------
                                                        (DOLLARS IN THOUSANDS, EXCEPT CUSTOMER DATA)
<S>                                    <C>          <C>          <C>          <C>            <C>           <C>
OTHER FINANCIAL DATA:
Operating cash flow(b)..............   $  301,590   $  217,142   $  518,732    $  291,232     $     --     $   809,964
EBITDA(c)...........................      285,097      200,100      485,197       269,801           --         754,998
EBITDA margin(d)....................         46.6%        44.6%        45.8%         45.2%                        45.6%
Cash interest expense...............                                                                       $   428,132
Capital expenditures................   $  213,353   $  224,723   $  438,076    $   93,107           --     $   531,183
Total debt to operating cash flow...                                                                               7.9x
Total debt to EBITDA................                                                                               8.5
EBITDA to cash interest expense.....                                                                               1.8
EBITDA to interest expense..........                                                                               1.4
Deficiency of earnings to cover
  fixed charges(e)..................                                                                       $   751,552
BALANCE SHEET DATA (AT END OF
  PERIOD):
Total assets........................   $7,235,656           --   $7,235,656    $4,350,744     $125,000     $11,711,400
Total debt..........................    3,523,201           --    3,523,201     2,750,800      144,964       6,418,965
Members' equity.....................    3,429,291           --    3,429,291     1,482,019      (19,964)      4,891,346
OPERATING DATA (AT END OF PERIOD,
  EXCEPT FOR AVERAGES):
Homes passed........................    2,149,000    1,743,000    3,892,000     1,795,000                    5,687,000
Basic customers.....................    1,255,000    1,062,000    2,317,000     1,300,000                    3,617,000
Basic penetration(f)................         58.4%        60.9%        59.5%         72.4%                        63.6%
Premium units.......................      845,000      411,000    1,256,000       811,000                    2,067,000
Premium penetration(g)..............         67.3%        38.7%        54.2%         62.4%                        57.1%
Average monthly revenue per basic
  customer(h).......................           NM           NM   $    38.12    $    38.30                  $     38.18
</TABLE>

 
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(a) CCI provided corporate management and consulting services on behalf of
    Charter for 1998 and Marcus beginning in October 1998. See "Certain
    Relationships and Related Transactions."
 
(b) Operating cash flow means EBITDA, as defined below, before corporate
    expenses and management fees.
 
(c) EBITDA represents income (loss) before interest expense, income taxes,
    depreciation, amortization, gain (loss) on sale of assets and other income
    (expense). EBITDA is presented because it is a widely accepted financial
    indicator of a company's ability to service indebtedness. However, EBITDA
    should not be considered as an alternative to income from operations or to
    cash flows from operating activities (as determined in accordance with
    generally accepted accounting principles) and should not be construed as an
    indication of a company's operating performance or as a measure of
    liquidity.
 
(d) EBITDA margin represents EBITDA as a percentage of revenues.
 
(e) Earnings include net income (loss) plus fixed charges. Fixed charges consist
    of interest expense and an estimated interest component of rent expense.
 
(f) Basic penetration represents basic customers as a percentage of homes
    passed.
 
(g) Premium penetration represents premium units as a percentage of basic
    customers.
 
(h) Average monthly revenue per basic customer represents revenues divided by
    the number of months in the period divided by the number of basic customers
    at December 31, 1998.
 
     See "Notes to the Unaudited Pro Forma Financial Statements."
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