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S-1
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1 on 07/28/1999
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                            INTERMEDIA CABLE SYSTEMS
              (COMPRISED OF COMPONENTS OF INTERMEDIA PARTNERS AND
                     INTERMEDIA CAPITAL PARTNERS IV, L.P.)
 
             NOTES TO COMBINED FINANCIAL STATEMENTS -- (CONTINUED)
                             (DOLLARS IN THOUSANDS)
 
6. ACCOUNTS PAYABLE AND ACCRUED LIABILITIES
 
     Accounts payable and accrued liabilities consist of the following:
 

<TABLE>
<CAPTION>
                                                                DECEMBER 31,
                                                              -----------------
                                                               1998      1997
                                                              -------   -------
<S>                                                           <C>       <C>
Accounts payable............................................  $ 1,780   $ 2,996
Accrued program costs.......................................    1,897     1,577
Accrued franchise fees......................................    4,676     4,167
Accrued copyright fees......................................      406       762
Accrued capital expenditures................................    5,215     5,179
Accrued payroll costs.......................................    1,784     1,789
Accrued property and other taxes............................      862     1,851
Other accrued liabilities...................................    2,610     2,613
                                                              -------   -------
                                                              $19,230   $20,934
                                                              =======   =======
</TABLE>

 
7. NOTE PAYABLE TO INTERMEDIA PARTNERS IV, L.P.
 
     RMG's note payable to IP-IV consists of the following:
 

<TABLE>
<CAPTION>
                                                                DECEMBER 31,
                                                             -------------------
                                                               1998       1997
                                                             --------   --------
<S>                                                          <C>        <C>
Intercompany revolving credit facility, $1,200,000
  commitment as of December 31, 1998, interest
  currently at 6.86% payable on maturity, matures
  December 31, 2006........................................  $396,579   $387,213
                                                             ========   ========
</TABLE>

 
     RMG's debt is outstanding under an intercompany revolving credit facility
executed with IP-IV. The revolving credit facility currently provides for
$1,200,000 of available credit.
 
     RMG's intercompany revolving credit facility requires repayment of the
outstanding principal and accrued interest on the earlier of (i) December 31,
2006, or (ii) acceleration of any of IP-IV's obligations to repay under its bank
debt outstanding under its revolving credit facility ("IP-IV Revolving Credit
Facility") and term loan agreement ("IP-IV Term Loan", together with the IP-IV
Revolving Credit Facility, the "IP-IV Bank Facility") dated July 30, 1996.
 
     Interest rates under RMG's intercompany revolving credit facility are
calculated monthly and are referenced to those made available under the IP-IV
Bank Facility. Interest rates ranged from 6.84% to 7.92% during 1998.
 
     Charter has an obligation to assume and repay RMG's intercompany revolving
credit facility pursuant to the Charter Transactions.
 
     Advances under the IP-IV Bank Facility are available under interest rate
options related to the base rate of the administrative agent for the IP-IV Bank
Facility ("ABR") or LIBOR. Effective October 20, 1997, pursuant to an amendment
to the IP-IV Bank Facility, interest rates on
 
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