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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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PERIOD FROM JANUARY 1, 1999 THROUGH MARCH 31, 1999
    
   
COMPARED TO PERIOD FROM JANUARY 1, 1998 THROUGH MARCH 31, 1998
    
 
   
     REVENUES.  Revenues increased by $281.1 million, or 5,883.6%, from $4.8
million for the period from January 1, 1998 through March 31, 1998 to $286.1
million for the period from January 1, 1999 through March 31, 1999. The increase
in revenues primarily resulted from the acquisitions of the CCA Group,
CharterComm Holdings and Sonic Communication, Inc. (Sonic) and our merger with
Marcus Holdings. The revenues of these entities for the three months ended March
31, 1999 were $89.4 million, $53.4 million, $13.1 million and $125.2 million,
respectively.
    
 
   
     OPERATING EXPENSES.  Operating expenses increased by $85.1 million, or
5,373.8%, from $1.6 million for the period from January 1, 1998 through March
31, 1998 to $86.7 million for the period from January 1, 1999 through March 31,
1999. This increase was due primarily to the acquisitions of the CCA Group,
CharterComm Holdings and Sonic and our merger with Marcus Holdings whose
operating expenses were $24.6 million, $16.6 million, $3.8 million and $39.9
million for the three months ended March 31, 1999, respectively.
    
 
   
     GENERAL AND ADMINISTRATIVE EXPENSES.  General and administrative expenses
increased by $64.4 million, or 6,101.4%, from $1.1 million for the period from
January 1, 1998 through March 31, 1998 to $65.4 million for the period from
January 1, 1999 through March 31, 1999. This increase was due primarily to the
acquisitions of the CCA Group, CharterComm Holdings and Sonic and our merger
with Marcus Holdings whose incremental general and administrative expenses were
$21.9 million, $10.3 million, $3.1 million and $29.1 million, respectively.
    
 
   
     DEPRECIATION AND AMORTIZATION.  Depreciation and amortization expense
increased by $152.1 million, or 9,479.3%, from $1.6 million for the period from
January 1, 1998 through March 31, 1998 to $153.7 million for the period from
January 1, 1999 through March 31, 1999. There was a significant increase in
amortization resulting from the acquisitions of the CCA Group, CharterComm
Holdings and Sonic and our merger with Marcus Holdings whose incremental
amortization expenses for the three months ended March 31, 1999 were $49.1
million, $32.6 million, $4.3 million and $63.7 million for the three months
ended March 31, 1999, respectively.
    
 
   
     MANAGEMENT FEES/CORPORATE EXPENSE CHARGES.  Management fees/corporate
expense charges increased by $5.2 million, or 6,849.7% from $0.1 million for the
period from January 1, 1998 through March 31, 1998 to $5.3 million for the
period from January 1, 1999 through March 31, 1999. The increase from the period
from January 1, 1998 through March 31, 1998 compared to the period from January
1, 1999 through March 31, 1999 was the result of the acquisitions of the CCA
Group, CharterComm Holdings and Sonic and our merger with Marcus Holdings.
    
 
   
     INTEREST EXPENSE.  Interest expense increased by $70.2 million, or
5,286.8%, from $1.3 million for the period from January 1, 1998 through March
31, 1998 to $71.6 million for the period from January 1, 1999 through March 31,
1999. This increase resulted primarily from the financing of the acquisitions of
the CCA Group and CharterComm Holdings and our merger with Marcus Holdings. The
interest expenses resulting from each of these transactions were $14.4 million,
$12.0 million, and $26.1 million, respectively.
    
 
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