Print Page  Close Window

SEC Filings

424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/01/1999
Entire Document
 
<PAGE>   495
 
                     RIFKIN ACQUISITION PARTNERS, L.L.L.P.
 
                           CONSOLIDATED BALANCE SHEET
 

<TABLE>
<CAPTION>
                                                      JUNE 30,      DECEMBER 31,
                                                        1999            1998
                                                    ------------    ------------
                                                            (UNAUDITED)
<S>                                                 <C>             <C>
ASSETS
Cash..............................................  $  2,694,050    $  2,324,892
Subscriber accounts receivable, net of allowance
  for doubtful accounts of $283,021 in 1999 and
  $444,839 in 1998................................     2,044,860       1,932,140
Other receivables.................................     3,813,453       5,637,771
Prepaid expenses and other........................     1,290,900       2,398,528
Property, plant and equipment at cost:
  Cable television transmission and distribution
     systems and related equipment................   164,389,372     149,376,914
  Land, building, vehicles and furniture and
     fixtures.....................................     8,431,453       7,421,960
                                                    ------------    ------------
                                                     172,820,825     156,798,874
Less accumulated depreciation.....................   (42,862,043)    (35,226,773)
                                                    ------------    ------------
  Net property, plant and equipment...............   129,958,782     121,572,101
Franchise costs and other intangible assets, net
  of accumulated amortization of $78,661,872 in
  1999 and $67,857,545 in 1998....................   170,219,573     183,438,197
                                                    ------------    ------------
     Total assets.................................  $310,021,618    $317,303,629
                                                    ============    ============
LIABILITIES AND PARTNERS' CAPITAL
Accounts payable and accrued liabilities..........  $ 18,385,567    $ 11,684,594
Subscriber deposits and prepayments...............     1,203,363       1,676,900
Interest payable..................................     7,169,321       7,242,954
Deferred taxes payable............................     6,703,000       7,942,000
Notes payable.....................................   225,575,000     224,575,000
                                                    ------------    ------------
     Total liabilities............................   259,036,251     253,121,448
Commitments:
Redeemable partners' interests....................    16,732,480      10,180,400
Partners' capital (deficit):
  General partner.................................    (2,941,996)     (1,991,018)
  Limited partners................................    36,851,306      55,570,041
  Preferred equity interest.......................       343,577         422,758
                                                    ------------    ------------
     Total partners' capital......................    34,252,887      54,001,781
                                                    ------------    ------------
     Total liabilities and partners' capital......  $310,021,618    $317,303,629
                                                    ============    ============
</TABLE>

 
See accompanying notes to financial statements.
 
                                      F-290