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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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acquisitions. For the three months ended March 31, 1999, our EBITDA was $318
million pro forma for our pending acquisitions. We also anticipate that we will
need to finance certain of these acquisitions with additional borrowings under
our credit facilities.
 
     The following table sets forth the sources and uses as of March 31, 1999,
giving effect to additional borrowings under our credit facilities and
additional equity contributions in connection with refinancing of our previous
credit facilities and funding of our pending acquisitions as if such
transactions had occurred on that date.
 

<TABLE>
<CAPTION>
   SOURCES (IN MILLIONS):                            USES (IN MILLIONS):
   ----------------------                            -------------------
<S>                            <C>       <C>                                          <C>
CC Holdings Notes:
                                         14.00% senior secured discount
  8.250% notes...............  $   600   debentures.................................  $   109
  8.625% notes...............    1,500   11.25% senior notes........................      125
                                         13.50% senior subordinated discount
  9.920% notes...............      903   notes......................................      383
Credit Facilities:                       14.25% senior discount notes...............      241
  Tranche A..................    1,000   Unamortized premium and
  Tranche B..................    1,850   redemption adjustment......................      149
  Revolver...................    1,250   Previous credit facilities.................    2,535
Acquired companies                       Recent and pending acquisitions............   14,125
     credit facilities.......    1,912   Fees and expenses..........................      280
                                                                                      -------
Publicly Held Debt:
  Renaissance debt...........       83
  Falcon debt................      698
  Avalon debt................      279
  Bresnan debt...............      359
Minority interest............    4,488
Other........................       25
 
Equity:
  Class A common stock.......        3
  Additional paid-in
     capital.................    2,997
                               -------
                               $17,947                                                $17,947
                               =======                                                =======
</TABLE>

 
     We have agreed to acquire the Helicon, InterMedia, Rifkin, Vista, Cable
Satellite, Avalon, Fanch, Falcon and Bresnan systems. The aggregate
consideration payable by us for all of these acquisitions is $13.0 billion,
including $1.4 billion that may be payable by us to satisfy requirements to make
offers to repurchase these companies' outstanding debt securities. We intend to
finance these acquisitions through $5.5 billion of debt and the issuance of $7.5
billion of equity.
 
     Prior to our acquisition by Mr. Allen, we have received minimal equity
contributions. In order to fund a portion of the pending acquisitions, Mr.
Allen, through Vulcan III, has committed to contribute $1.325 billion of
additional equity in Charter Holdco before September 1, 1999 and $750 million of
additional equity in Charter Holdco concurrently with this offering. In
addition, we anticipate that we will need to raise $1.1 billion in additional
capital to fund the acquisition of Bresnan.
 
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