Print Page  Close Window

SEC Filings

S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 05/12/1999
Entire Document
 
<PAGE>   321
 
                            INTERMEDIA CABLE SYSTEMS
              (COMPRISED OF COMPONENTS OF INTERMEDIA PARTNERS AND
                     INTERMEDIA CAPITAL PARTNERS IV, L.P.)
 
                       COMBINED STATEMENTS OF OPERATIONS
                             (DOLLARS IN THOUSANDS)
 

<TABLE>
<CAPTION>
                                                             FOR THE YEAR ENDED
                                                                DECEMBER 31,
                                                             -------------------
                                                               1998       1997
                                                             --------   --------
<S>                                                          <C>        <C>
REVENUES
Basic and cable services...................................  $125,920   $112,592
Pay services...............................................    23,975     24,467
Other services.............................................    26,167     25,519
                                                             --------   --------
                                                              176,062    162,578
COSTS AND EXPENSES
Program fees...............................................    39,386     33,936
Other direct expenses......................................    16,580     16,500
Selling, general and administrative expenses...............    30,787     29,181
Management and consulting fees.............................     3,147      2,870
Depreciation and amortization..............................    85,982     81,303
                                                             --------   --------
                                                              175,882    163,790
                                                             --------   --------
Profit/(loss) from operations..............................       180     (1,212)
                                                             --------   --------
OTHER INCOME (EXPENSE)
Interest expense...........................................   (25,449)   (28,458)
Gain on sale/exchange of cable systems.....................    26,218     10,006
Interest and other income..................................       341        429
Other expense..............................................    (3,188)    (1,431)
                                                             --------   --------
                                                               (2,078)   (19,454)
Loss before income tax benefit (expense)...................    (1,898)   (20,666)
Income tax benefit (expense)...............................    (1,623)     4,026
                                                             --------   --------
NET LOSS...................................................  $ (3,521)  $(16,640)
                                                             ========   ========
</TABLE>

 
            See accompanying notes to combined financial statements.
 
                                      F-165