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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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     These acquisitions will be accounted for using the purchase method of
     accounting. Definitive written agreements exist for all acquisitions that
     have not yet closed. Purchase prices and the closing dates or anticipated
     closing dates for significant acquisitions are as follows:

<TABLE>
<CAPTION>
                            RENAISSANCE   INTERMEDIA      HELICON        RIFKIN         AVALON         FALCON         FANCH
                            ACQUISITION   ACQUISITION   ACQUISITION   ACQUISITIONS   ACQUISITIONS   ACQUISITIONS   ACQUISITIONS
                            -----------   -----------   -----------   ------------   ------------   ------------   ------------
    <S>                     <C>           <C>           <C>           <C>            <C>            <C>            <C>
    Purchase price........  $309.5        $29.1         $26.1         $165.0         $30.5          $88.2          $248.0
    Closing date..........  April 1998    Dec. 1998     Dec. 1998     Feb. 1999      July 1998      July 1998      Feb. 1999
    Purchase price........                                            $53.8          $431.6         $158.6         $112.0
    Closing date..........                                            anticipated    Nov. 1998      Sept. 1996     March 1999
                                                                      July 1999
    Purchase price........                                                                          $513.5         $50.0
    Closing date..........                                                                          Sept. 1998     June 1999
    Purchase price........
    Closing date..........
 
<CAPTION>
                              BRESNAN
                            ACQUISITIONS
                            ------------
    <S>                     <C>
    Purchase price........  $17.0
    Closing date..........  Feb. 1998
    Purchase price........  $11.8
    Closing date..........  Oct. 1998
    Purchase price........  $40.0
    Closing date..........  Jan. 1999
    Purchase price........  $27.0
    Closing date..........  March 1999
</TABLE>

 
    The InterMedia acquisition was part of a "swap" of cable systems. The net
    increase in InterMedia assets as a result of the "swap" was $3.0 million.
 
(c) Represents the elimination of the operating results primarily related to the
    cable systems to be transferred to InterMedia as part of a swap of cable
    systems and related to the sale of several smaller cable systems. A
    definitive written agreement exists for the disposition on these systems.
    The fair value of the systems to be transferred is $420 million. No material
    gain or loss is anticipated on the disposition as these systems were
    recently acquired and recorded at fair value at that time. It is anticipated
    that this transfer will close during the third or fourth quarter of 1999.
 
(d) Reflects a reclassification of expenses representing corporate expenses that
    would have occurred at Charter Investment.
 
(e) Represents additional amortization of franchises as a result of our recently
    completed and pending acquisitions. A large portion of the purchase price
    was allocated to franchises ($12.5 billion) that are amortized over 15
    years. Depreciation and amortization expense consists of the following (in
    millions):
 

<TABLE>
<S>                                                           <C>
Amortization of franchises..................................  $  813.3
Depreciation................................................     255.2
                                                              --------
  Total depreciation and amortization.......................  $1,068.5
                                                              ========
</TABLE>

 
(f) Reflects additional interest expense on borrowings which will be used to
    finance the acquisitions using a composite current interest rate of 7.4%
    (see Note D).
 
(g) Represents the elimination of gain (loss) on the sale of assets.
 
(h) Reflects the elimination of income tax expense (benefit) as a result of
    being acquired by a limited liability company.
 
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