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SEC Filings

S-1
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1 on 07/28/1999
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<PAGE>   365
 
             R/N SOUTH FLORIDA CABLE MANAGEMENT LIMITED PARTNERSHIP
 
                      CONSOLIDATED STATEMENT OF CASH FLOWS
 

<TABLE>
<CAPTION>
                                                                          YEARS ENDED
                                                           ------------------------------------------
                                                            12/31/96       12/31/97        12/31/98
                                                           -----------    -----------    ------------
<S>                                                        <C>            <C>            <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income.............................................  $   761,574    $ 1,271,136    $  1,601,965
  Adjustments to reconcile net income to net cash
    provided by operating activities:
    Depreciation and amortization........................    3,137,198      3,200,493       3,550,439
    Amortization of deferred loan cost...................       68,898         79,108          89,788
    Loss on early retirement of debt.....................           --             --         434,469
    Loss on disposal of assets...........................      373,860        513,177         178,142
    Decrease (increase) in customer accounts
      receivable.........................................        1,420       (152,229)        113,957
    Increase in other receivables........................     (377,553)      (506,325)       (511,086)
    Decrease (increase) in prepaid expenses and
      deposits...........................................     (114,720)       115,734          23,433
    Increase (decrease) in accounts payable and accrued
      liabilities........................................      122,512        513,839        (638,257)
    Increase (decrease) in customer prepayments..........          362        208,021          (8,967)
    Increase (decrease) in interest payable..............          180         16,207        (287,343)
                                                           -----------    -----------    ------------
         Net cash provided by operating activities.......    3,973,731      5,259,161       4,546,540
CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchases of property, plant and equipment.............   (4,000,631)    (4,288,776)     (5,915,434)
  Additions to other assets, net of refranchises.........      (10,600)      (164,560)       (186,790)
  Proceeds from the sale of assets.......................       16,674         70,865          92,443
                                                           -----------    -----------    ------------
         Net cash used in investing activities...........   (3,994,557)    (4,382,471)     (6,009,781)
CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from long-term debt...........................    2,750,000      3,850,000       5,550,000
  Proceeds from interpartnership debt....................           --             --      31,222,436
  Payments of long-term debt.............................   (2,604,913)    (4,562,500)    (34,987,500)
  Deferred loan costs....................................           --       (132,727)         (5,575)
                                                           -----------    -----------    ------------
         Net cash provided by (used in) financing
           activities....................................      145,087       (845,227)      1,779,361
                                                           -----------    -----------    ------------
Net increase in cash and cash equivalents................      124,261         31,463         316,120
Cash and cash equivalents at beginning of the year.......      206,895        331,156         362,619
                                                           -----------    -----------    ------------
Cash and cash equivalents at end of year.................  $   331,156    $   362,619    $    678,739
                                                           ===========    ===========    ============
SUPPLEMENTAL CASH FLOW INFORMATION:
  Interest paid..........................................  $ 2,412,038    $ 2,441,662    $  2,780,893
                                                           ===========    ===========    ============
</TABLE>

 
See accompanying notes
 
                                      F-221