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S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 06/22/1999
Entire Document
 
<PAGE>   234
                 MARCUS CABLE COMPANY, L.L.C. AND SUBSIDIARIES
 
           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS -- (CONTINUED)
 
     Additionally, in 1996, the Company completed the sale of cable television
systems in Washington, D.C. for a sale price of $20,638. The sale resulted in a
gain of $6,442.
 
     The above acquisitions, which were completed during the Predecessor Period,
were accounted for using the purchase method of accounting and, accordingly,
results of operations of the acquired assets have been included in the
accompanying consolidated financial statements from the dates of acquisition.
The purchase prices were allocated to tangible and intangible assets based on
estimated fair market values at the dates of acquisition. The cable system trade
discussed above was accounted for as a nonmonetary exchange and, accordingly,
the additional cash contribution was allocated to tangible and intangible assets
based on recorded amounts of the nonmonetary assets relinquished.
 
     Unaudited pro forma operating results as though 1998 and 1997 acquisitions
and divestitures discussed above, including the Vulcan Acquisition, had occurred
on January 1, 1997, with adjustments to give effect to amortization of
franchises, interest expense and certain other adjustments is as follows:
 

<TABLE>
<CAPTION>
                                           PERIOD FROM
                                           JANUARY 1 TO     YEAR ENDED
                                           DECEMBER 23,    DECEMBER 31,
                                               1998            1997
                                           ------------    ------------
                                                   (UNAUDITED)
<S>                                        <C>             <C>
Revenues.................................    $444,738       $ 421,665
Operating loss...........................     (51,303)        (56,042)
Net loss.................................    (187,342)       (190,776)
</TABLE>

 
(5) PROPERTY, PLANT AND EQUIPMENT
 
     Property, plant and equipment consists of the following at December 31,
1997:
 

<TABLE>
<CAPTION>
                                                        (PREDECESSOR)
                                                        -------------
<S>                                                     <C>
Cable distribution systems............................    $878,721
Vehicles and other....................................      37,943
Land and buildings....................................      17,271
                                                          --------
                                                           933,935
Accumulated depreciation..............................    (227,309)
                                                          --------
                                                          $706,626
                                                          ========
</TABLE>

 
     Depreciation expense for the periods from January 1, 1998 to April 22, 1998
and from April 23, 1998 to December 23, 1998 and for the years ended December
31, 1997 and 1996 was $35,929, $70,538, $96,220, and $72,281, respectively.
 
(6) OTHER ASSETS
 
     Other assets consist of the following at December 31, 1997:
 

<TABLE>
<CAPTION>
                                                        (PREDECESSOR)
                                                        -------------
<S>                                                     <C>
Debt issuance costs...................................     $45,225
Other.................................................       1,090
                                                           -------
                                                            46,315
Accumulated amortization..............................      (9,330)
                                                           -------
                                                           $36,985
                                                           =======
</TABLE>

 
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