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S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 06/22/1999
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<PAGE>   50
 
      UNAUDITED SELECTED HISTORICAL COMBINED FINANCIAL AND OPERATING DATA
 
   
     The Unaudited Selected Historical Combined Financial and Operating Data for
the years ended December 31, 1996, 1997 and 1998 have been derived from the
separate financial statements of Charter Holdings, CCA Group and CharterComm
Holdings, which have been audited by Arthur Andersen, independent public
accountants, and are included elsewhere in this prospectus. The combined
financial and operating data represent the sum of the results of each of our
then-existing subsidiaries prior to our merger with Marcus Holdings and our
recent acquisitions. Each such subsidiary was managed by Charter Communications,
Inc. in accordance with its respective management agreement during the presented
periods. Since these subsidiaries were under common management, we believe
presenting combined financial information of these companies is informative.
    
 
   
     As a result of the acquisition of us by Paul G. Allen, we have applied the
purchase accounting method which had the effect of increasing total assets,
total debt and members' equity as of December 23, 1998. In addition, we have
retroactively restated our financial statements to include the results of
operations of Marcus Cable for the period from December 24, 1998, through
December 31, 1998, and the balance sheet of Marcus Cable as of December 31,
1998. As a result of the acquisition of us by Mr. Allen and our merger with
Marcus Holdings, we believe that the periods on or prior to December 23, 1998
are not comparable to the periods after December 23, 1998.
    
 
   

<TABLE>
<CAPTION>
                                        CHARTER HOLDINGS, CCA GROUP AND CHARTERCOMM
                                                         HOLDINGS
                                      -----------------------------------------------
                                      YEAR ENDED DECEMBER 31,    1/1/98     12/24/98
                                      -----------------------   THROUGH     THROUGH
                                         1996         1997      12/23/98    12/31/98
                                      ----------   ----------   --------   ----------
                                       (DOLLARS IN THOUSANDS, EXCEPT CUSTOMER DATA)
<S>                                   <C>          <C>          <C>        <C>
COMBINED STATEMENT OF OPERATIONS:
Revenues............................  $  368,553   $  484,155   $570,964   $   23,450
                                      ----------   ----------   --------   ----------
Operating expenses:
  Operating, general and
     administrative.................     190,084      249,419    288,428       12,679
  Depreciation and amortization.....     154,273      198,718    240,294       13,811
  Management fees/corporate expense
     charges(a).....................      15,094       20,759     38,348          766
                                      ----------   ----------   --------   ----------
     Total operating expenses.......     359,451      468,896    567,070       27,256
                                      ----------   ----------   --------   ----------
Income (loss) from operations.......  $    9,102   $   15,259   $  3,894   $   (3,806)
                                      ==========   ==========   ========   ==========
CAPITAL EXPENDITURES................  $  110,291   $  162,607   $195,468   $   13,672
BALANCE SHEET DATA (AT END OF
  PERIOD):
Total assets........................  $1,660,242   $2,002,181              $7,235,656
Total debt..........................   1,195,899    1,846,159               3,523,201
Members' equity.....................      26,099      (80,505)              3,429,291
</TABLE>

    
 
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