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S-4
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4 on 04/30/1999
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<PAGE>   367
 
                         INDIANA CABLE ASSOCIATES, LTD.
 
                         STATEMENT OF PARTNERS' DEFICIT
 

<TABLE>
<CAPTION>
                                           GENERAL       LIMITED
                                           PARTNERS     PARTNERS         TOTAL
                                           --------    -----------    -----------
<S>                                        <C>         <C>            <C>
Partners' deficit at December 31, 1995...  $(87,783)   $(2,348,918)   $(2,436,701)
  Net loss for the year ended December
     31, 1996............................    (2,875)       (79,261)       (82,136)
                                           --------    -----------    -----------
Partners' deficit at December 31, 1996...   (90,658)    (2,428,179)    (2,518,837)
  Net income for the year ended December
     31, 1997............................    24,240        668,334        692,574
                                           --------    -----------    -----------
Partners' deficit at December 31, 1997...   (66,418)    (1,759,845)    (1,826,263)
  Net income for the year ended December
     31, 1998............................    46,312      1,276,896      1,323,208
                                           --------    -----------    -----------
Partners' deficit at December 31, 1998...  $(20,106)   $  (482,949)   $  (503,055)
                                           ========    ===========    ===========
</TABLE>

 
     The partners' capital accounts for financial reporting purposes vary from
the tax capital accounts.
 
See accompanying notes.
 
                                      F-212