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SEC Filings

424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/02/1999
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     NOTE B:  Pro forma operating results for Marcus Cable consist of the
following (dollars in thousands):
 

<TABLE>
<CAPTION>
                                               YEAR ENDED                             PRO FORMA
                                              DECEMBER 31,   ------------------------------------------------------------
                                                  1998       ACQUISITIONS(A)   DISPOSITIONS(B)   ADJUSTMENTS      TOTAL
                                              ------------   ---------------   ---------------   -----------    ---------
<S>                                           <C>            <C>               <C>               <C>            <C>
Revenues....................................   $ 499,820         $2,620           $ (44,511)      $      --     $ 457,929
                                               ---------         ------           ---------       ---------     ---------
Operating expenses:
  Operating, general and administrative.....     271,638          1,225             (20,971)        (15,297)(c)   236,595
  Depreciation and
     amortization...........................     215,789             --                  --          42,559(d)    258,348
  Corporate expense charges.................          --                                             17,042(c)     17,042
  Management fees...........................       3,341             --                  --          (3,341)(c)        --
  Transaction and severance costs...........     135,379             --                  --        (135,379)(e)        --
                                               ---------         ------           ---------       ---------     ---------
     Total operating expenses...............     626,147          1,225             (20,971)        (94,416)      511,985
                                               ---------         ------           ---------       ---------     ---------
Income (loss) from
  operations................................    (126,327)         1,395             (23,540)         94,416       (54,056)
Interest expense............................    (159,985)            --                  --          19,334(d)   (140,651)
Other income (expense)......................     201,278             --            (201,278)             --            --
                                               ---------         ------           ---------       ---------     ---------
Income (loss) before extraordinary item.....   $ (85,034)        $1,395           $(224,818)      $ 113,750     $(194,707)
                                               =========         ======           =========       =========     =========
</TABLE>

 
-------------------------
 
(a) Represents the results of operations of acquired cable systems prior to
    their acquisition in 1998 by Marcus Cable.
 
(b) Represents the elimination of the operating results and corresponding gain
    on sale of cable systems sold by Marcus Cable during 1998.
 
(c) Represents a reclassification to reflect the expenses totaling $15.3 million
    from operating, general and administrative to corporate expenses. Also
    reflects the elimination of management fees and the addition of corporate
    expense charges of $1.7 million for actual costs incurred by Charter
    Investment, on behalf of Marcus Cable. Management fees charged to Marcus
    Cable exceeded the costs incurred by Charter Investment by $1.3 million.
 
(d) As a result of the acquisition of Marcus Cable by Paul G. Allen, a large
    portion of the purchase price was recorded as franchises ($2.5 billion) that
    are amortized over 15 years. This resulted in additional amortization for
    year ended December 31, 1998. The adjustment to depreciation and
    amortization expense consists of the following (dollars in millions):
 

<TABLE>
<CAPTION>
                                                                      WEIGHTED AVERAGE
                                                                        USEFUL LIFE       DEPRECIATION/
                                                        FAIR VALUE       (IN YEARS)       AMORTIZATION
                                                        ----------    ----------------    -------------
    <S>                                                 <C>           <C>                 <C>
    Franchises........................................   $2,500.0            15              $ 167.1
    Cable distribution systems........................      720.0             8                 84.5
    Land, buildings and improvements..................       28.3            10                  2.7
    Vehicles and equipment............................       13.6             3                  4.0
                                                                                             -------
              Total depreciation and amortization.....                                         258.3
              Less-historical depreciation and
                amortization..........................                                        (215.8)
                                                                                             -------
                Adjustment............................                                       $  42.5
                                                                                             =======
</TABLE>

 
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