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SEC Filings

424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/02/1999
Entire Document
 
<PAGE>   452
 
             CHARTER COMMUNICATIONS HOLDINGS, LLC AND SUBSIDIARIES
 
                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
                                  (UNAUDITED)
                             (DOLLARS IN THOUSANDS)
 

<TABLE>
<CAPTION>
                                                               SIX MONTHS ENDED
                                                                   JUNE 30
                                                           ------------------------
                                                              1999         1998
                                                           SUCCESSOR    PREDECESSOR
                                                           ------------------------
<S>                                                        <C>          <C>
CASH FLOWS FROM OPERATING ACTIVITIES:
  Net loss...............................................  $ (224,105)   $  (4,790)
  Adjustments to reconcile net loss to net cash provided
     by operating activities:
     Depreciation and amortization.......................     249,952        5,312
     Stock option compensation expense...................      38,194           --
     Amortization of non-cash interest expense...........      42,166          802
     Gain on disposal of property, plant and equipment...      (1,806)          --
     Loss from early extinguishment of debt..............       7,794           --
  Changes in assets and liabilities, net of effects from
     acquisitions --
     Accounts receivable, net............................       1,180       (1,291)
     Prepaid expenses and other..........................        (282)         (78)
     Accounts payable and accrued expenses...............      19,384       10,068
     Payables to manager of cable television systems,
       including deferred management fees................      14,592          356
     Other operating activities..........................      (1,245)          --
                                                           ----------    ---------
       Net cash provided by operating activities.........     145,824       10,379
                                                           ----------    ---------
CASH FLOWS FROM INVESTING ACTIVITIES:
  Purchases of property, plant and equipment.............    (205,450)      (2,240)
  Note receivable from parent company....................     (50,500)          --
  Payments for acquisitions, net of cash required........  (1,084,574)    (167,484)
  Loan to Marcus Cable Holdings..........................  (1,680,142)          --
  Other investing activities.............................      (8,684)          --
                                                           ----------    ---------
       Net cash used in investing activities.............  (3,029,350)    (169,724)
                                                           ----------    ---------
CASH FLOWS FROM FINANCING ACTIVITIES:
  Borrowings of long-term debt...........................   5,129,188      201,200
  Repayments of long-term debt...........................  (2,028,330)     (44,800)
  Payments for debt issuance costs.......................    (107,562)      (3,439)
  Capital contributions..................................          --        7,000
  Distributions..........................................      (9,717)          --
                                                           ----------    ---------
       Net cash provided by financing activities.........   2,983,579      159,961
                                                           ----------    ---------
NET INCREASE IN CASH AND CASH EQUIVALENTS................     100,053          616
CASH AND CASH EQUIVALENTS, beginning of period...........       9,573          626
                                                           ----------    ---------
CASH AND CASH EQUIVALENTS, end of period.................  $  109,626    $   1,242
                                                           ==========    =========
CASH PAID FOR INTEREST...................................  $   91,672    $   3,518
                                                           ==========    =========
NON CASH TRANSACTION -- Transfer of net assets of Marcus
  Holdings to the Company (see Note 1)...................  $1,252,370           --
                                                           ==========    =========
</TABLE>

 
The accompanying notes are an integral part of these condensed consolidated
statements.
                                      F-248