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424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/02/1999
Entire Document
 
<PAGE>   392
 
                       RIFKIN CABLE INCOME PARTNERS L.P.
 
                            STATEMENT OF CASH FLOWS
 

<TABLE>
<CAPTION>
                                                        YEARS ENDED
                                           --------------------------------------
                                            12/31/96      12/31/97     12/31/98
                                           -----------   ----------   -----------
<S>                                        <C>           <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net income.............................  $   532,564   $  872,131   $ 1,298,891
  Adjustments to reconcile net income to
     net cash provided by operating
     activities:
     Depreciation and amortization.......      913,308      935,633       828,369
     Amortization of deferred loan
       cost..............................       18,970       18,970        14,228
     Loss on early retirement of debt....           --           --        18,916
     Loss (gain) on disposal of fixed
       assets............................        1,530        2,980        (2,138)
     Decrease (increase) in customer
       accounts receivables..............          521       (5,729)       (1,938)
     Increase in other receivables.......      (45,274)     (56,059)       (9,450)
     Decrease in prepaid expense and
       other.............................       40,737       13,230        10,439
     Increase (decrease) in accounts
       payable and accrued liabilities...     (207,035)      61,625        31,213
     Increase (decrease) in customer
       deposits and prepayment...........          673      (63,524)      (51,095)
     Increase (decrease) in interest
       payable...........................       35,638       (3,145)      (58,093)
                                           -----------   ----------   -----------
       Net cash provided by operating
          activities.....................    1,291,632    1,776,112     2,079,342
                                           -----------   ----------   -----------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Additions to property, plant and
     equipment...........................     (824,359)    (679,394)     (415,534)
  Additions to other intangible assets,
     net of refranchises.................           --         (112)           --
  Net proceeds from the sale of assets...       18,255       57,113        69,087
  Sales tax related to Florida assets
     sold in 1994........................      (14,694)          --            --
                                           -----------   ----------   -----------
       Net cash used in investing
          activities.....................     (820,798)    (622,393)     (346,447)
                                           -----------   ----------   -----------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Proceeds from interpartnership debt....           --           --     4,265,426
  Payments of long-term debt.............     (715,000)    (871,000)   (4,914,000)
  Payments of interpartnership debt......           --           --    (1,400,000)
  Partners' capital distributions........      (99,687)          --            --
                                           -----------   ----------   -----------
       Net cash used in financing
          activities.....................     (814,687)    (871,000)   (2,048,574)
                                           -----------   ----------   -----------
Net increase (decrease) in cash and cash
  equivalents............................     (343,853)     282,719      (315,679)
Cash and cash equivalents at beginning of
  period.................................      442,512       98,659       381,378
                                           -----------   ----------   -----------
Cash and cash equivalents at end of
  period.................................  $    98,659   $  381,378   $    65,699
                                           ===========   ==========   ===========
SUPPLEMENTAL CASH FLOW INFORMATION:
  Interest paid..........................  $   455,124   $  431,722   $   406,304
                                           ===========   ==========   ===========
</TABLE>

 
The accompanying notes are an integral part of the financial statements.
 
                                      F-188