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SEC Filings

S-1
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1 on 07/28/1999
Entire Document
 
<PAGE>   602
 
                              FANCH CABLE SYSTEMS
        (COMPRISED OF COMPONENTS OF TWFANCH-ONE CO. AND TWFANCH-TWO CO.)
 
                            COMBINED BALANCE SHEETS
 

<TABLE>
<CAPTION>
                                                                MARCH 31      DECEMBER 31
                                                                  1999            1998
                                                              ------------    ------------
                                                              (UNAUDITED)
<S>                                                           <C>             <C>
ASSETS
Current assets:.............................................  $         --    $         --
  Accounts receivable, less allowance for doubtful accounts
     of $516,509 and $406,230 in 1999 and 1998,
     respectively...........................................     6,502,923       2,681,911
  Prepaid expenses and other current assets.................     2,430,740       1,546,251
                                                              ------------    ------------
Total current assets........................................     8,933,663       4,228,162
Property, plant and equipment:
  Transmission and distribution systems and related
     equipment..............................................   242,285,294     170,156,150
  Furniture and equipment...................................     7,758,297       7,308,581
                                                              ------------    ------------
                                                               250,043,591     177,464,731
  Less accumulated depreciation.............................   (39,915,937)    (34,878,712)
                                                              ------------    ------------
Net property, plant and equipment...........................   210,127,654     142,586,019
Intangible assets, net of accumulated amortization of
  $88,231,942 and $80,777,442 in 1999 and 1998,
  respectively..............................................   568,072,920     287,109,231
Other assets................................................        53,760       1,050,815
                                                              ------------    ------------
Total assets................................................  $787,187,997    $434,974,227
                                                              ============    ============
LIABILITIES AND NET ASSETS
Current liabilities:
  Accounts payable and other accrued liabilities............  $ 13,006,554    $ 11,755,752
  Subscriber advances and deposits..........................     2,441,450       1,797,068
  Payable to general partner................................     2,330,453       2,576,625
                                                              ------------    ------------
Total current liabilities...................................    17,778,457      16,129,445
Net assets..................................................   769,409,540     418,844,782
                                                              ------------    ------------
Total liabilities and net assets............................  $787,187,997    $434,974,227
                                                              ============    ============
</TABLE>

 
                            See accompanying notes.
                                      F-458