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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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(a) Represents the historical balance sheets as of March 31, 1999, for
    acquisitions to be completed subsequent to March 31, 1999.
 
(b) Represents the historical assets and liabilities as of March 31, 1999, of
    the cable systems to be transferred to InterMedia as part of a swap of cable
    systems. The cable systems being swapped will be accounted for at fair
    value. No material gain or loss is anticipated in conjunction with the swap.
    See the "Business" section.
 
(c) Represents the use of Charter Holdings cash for the recent and pending
    acquisitions. The sources of cash for the recent and pending acquisitions
    are as follows (in millions):
 

<TABLE>
    <S>                                                           <C>
    Charter Holdings historical cash............................  $ 1,038.4
    Expected equity contributions...............................    7,328.0
    Expected credit facilities draw down........................    4,171.0
    Renaissance notes...........................................       82.7
    Falcon debentures...........................................      698.0
    Avalon notes................................................      279.0
    Bresnan notes...............................................      359.0
    Other.......................................................       25.0
                                                                  ---------
                                                                  $13,981.1
                                                                  =========
</TABLE>

 
(d) Represents the offset of advance billings against deferred revenue to be
    consistent with Charter Holdings' accounting policy and the elimination of
    deferred revenue.
 
(e) Reflects assets retained by the seller.
 
(f) Substantial amounts of the purchase price in (c) above have been allocated
    to franchises based on estimated fair values. This results in an allocation
    of purchase price as follows (in thousands):
 

<TABLE>
<CAPTION>
                                                                GREATER
                                                     AMERICAN    MEDIA     INTERMEDIA
                                       RENAISSANCE    CABLE     SYSTEMS     SYSTEMS     HELICON      RIFKIN
                                       -----------   --------   --------   ----------   --------   ----------
    <S>                                <C>           <C>        <C>        <C>          <C>        <C>
    Working capital..................   $  2,916     $   (366)  $  2,047    $(12,503)   $  1,364   $  (12,147)
    Property, plant and equipment....     64,594       15,327     58,196     147,655      88,723      287,217
    Franchises.......................    397,085      225,039    443,375     737,202     459,913    1,184,930
    Other............................       (755)          --     (3,618)        341          --           --
                                        --------     --------   --------    --------    --------   ----------
                                        $463,840     $240,000   $500,000    $872,695    $550,000   $1,460,000
                                        ========     ========   ========    ========    ========   ==========
</TABLE>

 

<TABLE>
<CAPTION>
                                  AVALON        FALCON       FANCH       BRESNAN      OTHER        TOTAL
                                -----------   ----------   ----------   ----------   --------   -----------
    <S>                         <C>           <C>          <C>          <C>          <C>        <C>
    Working capital...........   $(11,335)    $  (28,813)  $   15,109   $   (9,290)  $    246   $   (52,772)
    Property, plant and
      equipment...............    118,569        519,967      227,273      325,663     18,900     1,872,084
    Franchises................    751,724      3,038,060    2,157,618    2,654,916    128,504    12,178,366
    Other.....................         --          8,000           --      (20,568)        --       (16,600)
                                 --------     ----------   ----------   ----------   --------   -----------
                                 $858,958     $3,537,214   $2,400,000   $2,950,721   $147,650   $13,981,078
                                 ========     ==========   ==========   ==========   ========   ===========
</TABLE>

 
(g) Represents the elimination of deferred income tax assets and liabilities.
 
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