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SEC Filings

S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 06/22/1999
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<TABLE>
<CAPTION>
                                                  THREE MONTHS ENDED MARCH 31, 1999
                        --------------------------------------------------------------------------------------
                                         RECENT ACQUISITIONS                          PENDING ACQUISITIONS
                        ------------------------------------------------------    ----------------------------
                                                     PRO FORMA                                    PRO FORMA
                                     -----------------------------------------                 ---------------
                        HISTORICAL   ACQUISITIONS(b)   ADJUSTMENTS     TOTAL      HISTORICAL   ACQUISITIONS(b)
                        ----------   ---------------   -----------    --------    ----------   ---------------
<S>                     <C>          <C>               <C>            <C>         <C>          <C>
Revenues..............   $24,405          $ 78          $     --      $ 24,483     $144,202        $ 6,400
Operating expenses:
  Operating, general
    and
    administrative....    11,570            35              (724)(d)    10,881       78,736          3,541
  Corporate expense
    charges...........        --            --               724(d)        724           --             --
  Depreciation and
    amortization......    12,191            34            13,873(e)     26,098       62,478          1,376
  Management fees.....       275            --                --           275        2,685            280
                         -------          ----          --------      --------     --------        -------
  Total operating
    expenses..........    24,036            69            13,873        37,978      143,899          5,197
Income (loss) from
  operations..........       369             9           (13,873)      (13,495)         303          1,203
Interest expense......    (7,247)          (25)           (7,314)(f)   (14,586)     (25,928)        (1,309)
Interest income.......       108            --                --           108          128             23
Other income
  (expense)...........        --            --                --            --       (3,867)           (44)
                         -------          ----          --------      --------     --------        -------
Income (loss) before
  income tax expense
  (benefit)...........    (6,770)          (16)          (21,187)      (27,973)     (29,364)          (127)
Income tax (benefit)
  expense.............        58            --               (58)(h)        --          155           (114)
                         -------          ----          --------      --------     --------        -------
Income (loss) before
  extraordinary
  item................   $(6,828)         $(16)         $(21,129)     $(27,973)    $(29,519)       $   (13)
                         =======          ====          ========      ========     ========        =======
 
<CAPTION>
                            THREE MONTHS ENDED MARCH 31, 1999
                        ------------------------------------------
                                   PENDING ACQUISITIONS
                        ------------------------------------------
                                        PRO FORMA
                        ------------------------------------------
                        DISPOSITIONS(c)   ADJUSTMENTS      TOTAL
                        ---------------   -----------    ---------
<S>                     <C>               <C>            <C>
Revenues..............     $(15,949)       $      --     $ 134,653
Operating expenses:
  Operating, general
    and
    administrative....       (7,902)          (1,033)(d)    73,342
  Corporate expense
    charges...........           --            1,033(d)      1,033
  Depreciation and
    amortization......       (6,883)          22,885(e)     79,856
  Management fees.....         (458)              --         2,507
                           --------        ---------     ---------
  Total operating
    expenses..........      (15,243)          22,885       156,738
Income (loss) from
  operations..........         (706)         (22,885)      (22,085)
Interest expense......           (4)         (11,273)(f)   (38,514)
Interest income.......           --               --           151
Other income
  (expense)...........           --            3,774(g)       (137)
                           --------        ---------     ---------
Income (loss) before
  income tax expense
  (benefit)...........         (710)         (30,384)      (60,585)
Income tax (benefit)
  expense.............           --              (41)(h)        --
                           --------        ---------     ---------
Income (loss) before
  extraordinary
  item................     $   (710)       $ (30,343)    $ (60,585)
                           ========        =========     =========
</TABLE>

    
 
   
(a) Includes the results of operations of Rifkin Acquisition Partners, L.L.L.P.,
    Rifkin Cable Income Partners, L.P., Indiana Cable Associates, Ltd. and R/N
    South Florida Cable Management Limited Partnership.
    
 
   
(b) Represents the historical results of operations for the period from January
    1, 1999 through the date of acquisition for acquisitions completed by
    Renaissance, the InterMedia systems, Helicon and Rifkin, and for the period
    from January 1, 1999 through March 31, 1999 for acquisitions to be completed
    subsequent to March 31, 1999.
    
 
   
(c) Represents the elimination of the operating results primarily related to the
    cable systems to be transferred to the InterMedia systems.
    
 
   
(d) Reflects a reclassification of expenses representing corporate expenses that
    would have occurred at Charter Communications, Inc.
    
 
   
(e) Represents additional amortization of franchises as a result of our recent
    and pending acquisitions. The excess of purchase price over the net tangible
    assets acquired, $3.6 billion, is expected to be recorded in franchises and
    amortized over 15 years.
    
 
   
(f)  Reflects additional interest expense on borrowings which will be used to
     finance the acquisitions using a 7.4% interest rate.
    
 
   
(g) Represents the elimination of gain (loss) on sale of assets.
    
 
   
(h) Reflects the elimination of income tax expense as a result of being acquired
    by a limited liability company.
    
 
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