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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>
                                                       AS OF DECEMBER 31, 1998
                              --------------------------------------------------------------------------
                                TOTAL
                              HISTORICAL   ACQUISITIONS(A)   DISPOSITIONS(B)   ADJUSTMENTS    PRO FORMA
                              ----------   ---------------   ---------------   -----------    ----------
<S>                           <C>          <C>               <C>               <C>            <C>
Cash and cash equivalents...  $   24,737      $   6,632         $    (209)     $  (12,429)(c) $   18,731
Accounts receivable, net....      34,753            399            (2,069)         (9,100)(d)     23,983
Receivable from related
  party.....................       5,623             --                --          (5,623)(c)         --
Prepaid expenses and
  other.....................      14,287          1,312              (672)             --         14,927
Deferred income tax asset...          --         15,575                --         (15,575)(e)         --
                              ----------      ---------         ---------      ----------     ----------
  Total current assets......      79,400         23,918            (2,950)        (42,727)        57,641
Property, plant and
  equipment.................     670,979         25,235           (91,652)             --        604,562
Franchises..................   1,074,552         37,731          (334,210)      2,825,761(f)   3,603,834
Deferred income tax
  assets....................      12,598             --                --         (12,598)(e)         --
Other assets................     178,797          1,648              (459)        (95,279)(g)     84,707
                              ----------      ---------         ---------      ----------     ----------
  Total assets..............  $2,016,326      $  88,532         $(429,271)     $2,675,157     $4,350,744
                              ==========      =========         =========      ==========     ==========
Accounts payable and accrued
  expenses..................  $  108,480      $   7,706         $  (8,685)     $       --     $  107,501
Current deferred revenue....      14,036            452                --         (14,488)(d)         --
Note payable to related
  party.....................       3,158             --                --          (3,158)(f)         --
                              ----------      ---------         ---------      ----------     ----------
  Total current
    liabilities.............     125,674          8,158            (8,685)        (17,646)       107,501
Deferred revenue............         608            179                --            (787)(d)         --
Deferred income taxes.......       7,942          5,528                --         (13,470)(e)         --
Long-term debt..............   1,064,278        200,852          (420,529)      1,906,201(h)   2,750,802
Note payable to related
  party, including accrued
  interest..................     401,961          1,708                --        (403,669)(i)         --
Other long-term
  liabilities...............      38,915             --               (57)        (28,434)(i)     10,424
Equity......................     376,948       (127,893)               --       1,232,962(j)   1,482,017
                              ----------      ---------         ---------      ----------     ----------
  Total liabilities and
    equity..................  $2,016,326      $  88,532         $(429,271)     $2,675,157     $4,350,744
                              ==========      =========         =========      ==========     ==========
</TABLE>

 
- -------------------------
 
(a) Represents the historical balance sheets as of December 31, 1998, of those
    companies to be acquired in 1999.
 
(b) Represents the historical assets and liabilities as of December 31, 1998, of
    the cable systems to be transferred to the InterMedia Systems as part of a
    swap of cable systems.
 
(c) Reflects assets retained by the seller.
 
(d) Represents the offset of advance billings against deferred revenue to be
    consistent with Charter Holdings' accounting policy and the elimination of
    deferred revenue.
 
(e) Represents the elimination of deferred income tax assets and liabilities.
 
(f) Reflects the excess purchase price over the amounts assigned to net tangible
    assets (amortized over 15 years).
 
(g) Represents the elimination of deferred debt issuance costs and a reduction
    in carrying value of various intangible assets including goodwill,
    subscriber lists, noncompete agreements and organization costs, based on
    estimated fair values.
 
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