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424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/02/1999
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<PAGE>   497
 
                     RIFKIN ACQUISITION PARTNERS, L.L.L.P.
 
             CONSOLIDATED STATEMENT OF PARTNERS' CAPITAL (DEFICIT)
                    SIX MONTHS ENDED JUNE 30, 1999 AND 1998
 

<TABLE>
<CAPTION>
                             PREFERRED
                              EQUITY        GENERAL        LIMITED
                             INTEREST       PARTNER       PARTNERS         TOTAL
                             ---------    -----------    -----------    -----------
                                                  (UNAUDITED)
<S>                          <C>          <C>            <C>            <C>
Partners' capital (deficit)
  at 12/31/98..............  $422,758     $(1,991,018)   $55,570,041    $54,001,781
Net loss for the six months
  ended 6/30/99............   (79,181)       (131,968)   (12,985,665)   (13,196,814)
Accretion of redeemable
  partners' interest.......        --        (819,010)    (5,733,070)    (6,552,080)
                             --------     -----------    -----------    -----------
Partners' capital (deficit)
  at 6/30/99...............  $343,577     $(2,941,996)   $36,851,306    $34,252,887
                             ========     ===========    ===========    ===========
Partners' capital (deficit)
  at 12/31/97..............  $276,243     $(1,885,480)   $34,044,912    $32,435,675
Net loss for the six months
  ended 6/30/98............   (18,127)        (30,211)    (2,972,808)    (3,021,146)
Accretion of redeemable
  partners' interest.......        --        (140,975)      (986,825)    (1,127,800)
                             --------     -----------    -----------    -----------
Partners' capital (deficit)
  at 6/30/98...............  $258,116     $(2,056,666)   $30,085,279    $28,286,729
                             ========     ===========    ===========    ===========
</TABLE>

 
See accompanying notes to financial statements.
 
                                      F-293