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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>   408
 
                            INTERMEDIA CABLE SYSTEMS
              (COMPRISED OF COMPONENTS OF INTERMEDIA PARTNERS AND
                     INTERMEDIA CAPITAL PARTNERS IV, L.P.)
 
                       COMBINED STATEMENTS OF CASH FLOWS
                             (DOLLARS IN THOUSANDS)
 

<TABLE>
<CAPTION>
                                                               THREE MONTHS ENDED
                                                                   MARCH 31,
                                                              --------------------
                                                                1999        1998
                                                              --------    --------
                                                                  (UNAUDITED)
<S>                                                           <C>         <C>
CASH FLOWS FROM OPERATING ACTIVITIES
  Net loss..................................................  $ (8,978)   $ (6,090)
  Adjustments to reconcile net loss to cash flows from
     operating activities:
     Depreciation and amortization..........................    26,100      20,353
     Loss on disposal of fixed assets.......................        --           4
     Changes in assets and liabilities:
       Accounts receivable..................................       476         242
       Receivables from affiliates..........................       585      (1,092)
       Prepaid expenses.....................................      (424)       (183)
       Other current assets.................................       144          52
       Deferred income taxes................................    (1,396)     (1,595)
       Investments and other non-current assets.............      (893)        138
       Accounts payable and accrued liabilities.............      (713)     (5,272)
       Deferred revenue.....................................      (220)        522
       Payables to affiliates...............................      (101)        (53)
       Accrued interest.....................................     5,532       6,505
       Deferred channel launch revenue......................       915         591
                                                              --------    --------
          Cash flows from operating activities..............    21,027      14,122
                                                              --------    --------
CASH FLOWS FROM INVESTING ACTIVITIES
     Purchases of property and equipment....................   (17,895)    (18,069)
     Intangible assets......................................      (120)       (161)
                                                              --------    --------
          Cash flows from investing activities..............   (18,015)    (18,230)
                                                              --------    --------
CASH FLOWS FROM FINANCING ACTIVITIES
     Net (distributions) contributions to/from parent.......   (13,337)      5,431
     Net (repayments) borrowings of intercompany debt.......    10,325      (1,323)
                                                              --------    --------
          Cash flows from financing activities..............    (3,012)      4,108
                                                              --------    --------
Net change in cash..........................................        --          --
                                                              --------    --------
CASH AT BEGINNING OF PERIOD.................................        --          --
                                                              --------    --------
CASH AT END OF PERIOD.......................................  $     --    $     --
                                                              ========    ========
</TABLE>

 
See accompanying notes to the condensed combined financial statements.
 
                                      F-264