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SEC Filings

424B3
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form 424B3 on 09/02/1999
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Holdings. The interest expenses resulting from each of these transactions were
$68.7 million, $44.9 million, $12.7 million, and $11.3 million, respectively.
 
     OTHER INCOME.  Other income increased by $2.8 million from $.003 million
for the period from January 1, 1998 to June 30, 1998 to $2.8 million for the
period from January 1, 1999 to June 30, 1999. The increase was primarily due to
the gain on the sale of certain aircrafts.
 
     NET LOSS.  Net loss increased by $211.5 million, or 4,406.3%, from $4.8
million for the period from January 1, 1998 through June 30, 1998 to $216.3
million for the period from January 1, 1999 through June 30, 1999. The increase
in revenues that resulted from the acquisitions of CCA Group, CharterComm
Holdings, Sonic and Marcus Holdings was not sufficient to offset the operating
expenses associated with the acquired systems.
 
RESULTS OF OPERATIONS
 
     The following discusses the results of operations for
 
     (1) Charter Holdings, comprised of Charter Communications Properties, for
         the period from January 1, 1998 through December 23, 1998 and for the
         years ended December 31, 1997 and 1996, and
 
     (2) Charter Holdings, comprised of Charter Communications Properties, CCA
         Group and CharterComm Holdings, for the period from December 24, 1998
         through December 31, 1998.
 
     The following table sets forth the percentages of revenues that items in
the statements of operations constitute for the indicated periods.
 

<TABLE>
<CAPTION>
                                                  YEAR ENDED
                                                 DECEMBER 31,                     1/1/98              12/24/98
                                     ------------------------------------         THROUGH             THROUGH
                                           1996                1997              12/23/98             12/31/98
                                     ----------------    ----------------    -----------------    ----------------
                                                                (DOLLARS IN THOUSANDS)
<S>                                  <C>        <C>      <C>        <C>      <C>         <C>      <C>        <C>
STATEMENTS OF OPERATIONS
Revenues...........................  $14,881    100.0%   $18,867    100.0%   $ 49,731    100.0%   $13,713    100.0%
                                     -------    -----    -------    -----    --------    -----    -------    -----
Operating expenses
 Operating costs...................    5,888     39.5%     9,157     48.5%     18,751     37.7%     6,168     45.0%
 General and administrative
   costs...........................    2,235     15.0%     2,610     13.8%      7,201     14.5%       966      7.0%
 Depreciation and amortization.....    4,593     30.9%     6,103     32.4%     16,864     33.9%     8,318     60.7%
 Stock option compensation
   expense.........................       --       --         --       --          --       --        845      6.2%
 Management fees/corporate expense
   charges.........................      446      3.0%       566      3.0%      6,176     12.4%       473      3.4%
                                     -------    -----    -------    -----    --------    -----    -------    -----
 Total operating expenses..........   13,162     88.4%    18,436     97.7%     48,992     98.5%    16,770    122.3%
                                     -------    -----    -------    -----    --------    -----    -------    -----
Income (loss) from operations......    1,719     11.6%       431      2.3%        739      1.5%    (3,057)   (22.3%)
Interest income....................       20      0.1%        41      0.2%         44      0.1%       133      1.0%
Interest expense...................   (4,415)   (29.7%)   (5,120)   (27.1%)   (17,277)   (34.7%)   (2,353)   (17.2%)
Other income (expense).............      (47)    (0.3%)       25      0.1%       (728)    (1.5%)       --       --
                                     -------    -----    -------    -----    --------    -----    -------    -----
Net loss...........................  $(2,723)   (18.3%)  $(4,623)   (24.5%)  $(17,222)   (34.6%)  $(5,277)   (38.5%)
                                     =======    =====    =======    =====    ========    =====    =======    =====
</TABLE>

 
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