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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>   471
 
   
                     RIFKIN ACQUISITION PARTNERS, L.L.L.P.
    
 
   
             CONSOLIDATED STATEMENT OF PARTNERS' CAPITAL (DEFICIT)
    
   
                                  (UNAUDITED)
    
   
                   THREE MONTHS ENDED MARCH 31, 1999 AND 1998
    
 
   

<TABLE>
<CAPTION>
                                            PREFERRED        GENERAL       LIMITED
                                         EQUITY INTEREST     PARTNER      PARTNERS        TOTAL
                                         ---------------   -----------   -----------   -----------
<S>                                      <C>               <C>           <C>           <C>
Partners' capital (deficit) at
  12/31/98.............................     $422,758       $(1,991,018)  $55,570,041   $54,001,781
Net loss for the quarter ended
  3/31/99..............................      (30,001)          (50,003)   (4,920,228)   (5,000,232)
Accretion of redeemable partners'
  interest.............................           --          (819,010)   (5,733,070)   (6,552,080)
                                            --------       -----------   -----------   -----------
Partners' capital (deficit) at
  3/31/99..............................     $392,757       $(2,860,031)  $44,916,743   $42,449,469
                                            ========       ===========   ===========   ===========
Partners' capital (deficit) at
  12/31/97.............................     $276,243       $(1,885,480)  $34,044,912   $32,435,675
Net income for the quarter ended
  3/31/98..............................        8,624            14,374     1,414,357     1,437,355
Accretion of redeemable partners'
  interest.............................           --          (140,880)     (986,160)   (1,127,040)
                                            --------       -----------   -----------   -----------
Partners' capital (deficit) at
  3/31/98..............................     $284,867       $(2,011,986)  $34,473,109   $32,745,990
                                            ========       ===========   ===========   ===========
</TABLE>

    
 
   
See accompanying notes to financial statement.
    
 
                                      F-287