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SEC Filings

424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/02/1999
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<PAGE>   54
 
                       SELECTED HISTORICAL FINANCIAL DATA
 
     The selected historical financial data below for the years ended December
31, 1996 and 1997, for the periods from January 1, 1998, through December 23,
1998, and from December 24, 1998 through December 31, 1998, are derived from the
consolidated financial statements of Charter Holdings. They have been audited by
Arthur Andersen LLP, independent public accountants, and are included elsewhere
in this prospectus. The selected historical financial data for the period from
October 1, 1995 through December 31, 1995, are derived from the predecessor of
Charter Holdings' unaudited financial statements and are not included elsewhere
in this prospectus. The selected historical financial data for the year ended
December 31, 1994 and for the period from January 1, 1995 through September 30,
1995 are derived from the unaudited financial statements of Charter Holdings'
predecessor business and are not included elsewhere in this prospectus. The
information presented below should be read in conjunction with "Management's
Discussion and Analysis of Financial Condition and Results of Operations" and
the historical financial statements of Charter Holdings and related notes
included elsewhere in this prospectus.
 

<TABLE>
<CAPTION>
                                     PREDECESSOR OF
                                    CHARTER HOLDINGS                        CHARTER HOLDINGS
                                 ----------------------   ----------------------------------------------------
                                                                        YEAR ENDED
                                  YEAR ENDED    1/1/95    10/1/95      DECEMBER 31,       1/1/98     12/24/98
                                 DECEMBER 31,   THROUGH   THROUGH    -----------------   THROUGH     THROUGH
                                     1994       9/30/95   12/31/95    1996      1997     12/23/98    12/31/98
                                 ------------   -------   --------   -------   -------   --------   ----------
                                                            (DOLLARS IN THOUSANDS)
<S>                              <C>            <C>       <C>        <C>       <C>       <C>        <C>
STATEMENT OF OPERATIONS:
Revenues.......................    $  6,584     $ 5,324   $ 1,788    $14,881   $18,867   $ 49,731   $   13,713
Operating expenses:
  Operating, general and
     administrative............       3,247       2,581       931      8,123    11,767     25,952        7,134
  Depreciation and
     amortization..............       2,508       2,137       648      4,593     6,103     16,864        8,318
  Stock option compensation
     expense...................          --          --        --         --        --         --          845
  Management fees/corporate
     expense charges...........         106         224        54        446       566      6,176          473
                                   --------     -------   -------    -------   -------   --------   ----------
     Total operating
       expenses................       5,861       4,942     1,633     13,162    18,436     48,992       16,770
                                   --------     -------   -------    -------   -------   --------   ----------
Income (loss) from
  operations...................         723         382       155      1,719       431        739       (3,057)
Interest expense...............          --          --      (691)    (4,415)   (5,120)   (17,277)      (2,353)
Interest income................          26          --         5         20        41         44          133
Other income (expense).........          --          38        --        (47)       25       (728)          --
                                   --------     -------   -------    -------   -------   --------   ----------
Net income (loss)..............    $    749     $   420   $  (531)   $(2,723)  $(4,623)  $(17,222)  $   (5,277)
                                   ========     =======   =======    =======   =======   ========   ==========
Ratio of Earnings to Fixed
  Charges(a)...................       45.14x      34.00x       --         --        --         --           --
BALANCE SHEET DATA (AT END OF
  PERIOD):
Total assets...................    $ 25,511     $26,342   $31,572    $67,994   $55,811   $281,969   $4,335,527
Total debt.....................      10,194      10,480    28,847     59,222    41,500    274,698    2,002,206
Members' equity (deficit)......      14,822      15,311       971      2,648    (1,975)    (8,397)   2,147,379
</TABLE>

 
-------------------------
(a) Earnings include net income (loss) plus fixed charges. Fixed charges consist
    of interest expense and an estimated interest component of rent expense.
    Earnings for the period from October 1, 1995 through December 31, 1995,
    years ended December 31, 1996 and 1997, periods from January 1, 1998 through
    December 23, 1998, and the period from December 24, 1998 through December
    31, 1998 were inadequate to cover fixed charges by $531, $2,723, $4,623,
    $17,222 and $4,432, respectively.
 
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