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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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     DEPRECIATION AND AMORTIZATION.  Depreciation and amortization expense
increased by $152.1 million, or 9,479.3%, from $1.6 million for the three months
ended March 31, 1998 to $153.7 million for the three months ended March 31,
1999. This increase in amortization resulted from the acquisitions of the CCA
Group, CharterComm Holdings and Sonic and our merger with Marcus Holdings. The
incremental amortization expenses for the three months ended March 31, 1999
resulting from these acquisitions were $49.1 million, $32.6 million, $4.3
million and $63.7 million, respectively.
 
     MANAGEMENT FEES/CORPORATE EXPENSE CHARGES.  Management fees/corporate
expense charges increased by $5.2 million, or 3,622.4%, from $0.1 million for
the three months ended March 31, 1998 to $5.3 million for the three months ended
March 31, 1999. This increase was the result of the acquisitions of the CCA
Group, CharterComm Holdings and Sonic and our merger with Marcus Holdings.
 
     INTEREST EXPENSE.  Interest expense increased by $70.3 million, or
5,286.8%, from $1.3 million for the three months ended March 31, 1998 to $71.6
million for the three months ended March 31, 1999. This increase resulted
primarily from financing the CCA Group and CharterComm Holdings acquisitions and
our merger with Marcus Holdings. The interest expense resulting from each of
these transactions for the three months ended March 31, 1999 were $14.4 million,
$12.0 million and $26.1 million, respectively.
 
     NET LOSS.  Net loss increased by $97.5 million, or 10,567.1%, from $0.9
million for the three months ended March 31, 1998 to $98.5 million for the three
months ended March 31, 1999. This increase occurred primarily because the
revenue increase resulting from the CCA Group, CharterComm Holdings and Sonic
acquisitions and our merger with Marcus Holdings was not sufficient to offset
the significant costs related to the acquisitions.
 
     The following discusses results of operations for:
 
     (1) Charter Holdco (comprising CCP Holdings, the CCA Group, CharterComm
         Holdings and Marcus Holdings) for the period from December 24, 1998
         through December 31, 1998, and
 
     (2) Charter Holdco (comprising CCP Holdings only) for the period from
         January 1, 1998 through December 23, 1998 and for the years ended
         December 31, 1997 and 1996.
 
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