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S-4/A
CHARTER COMMUNICATIONS HOLDINGS CAPITAL CORP filed this Form S-4/A on 08/27/1999
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<PAGE>   470
 
                  RENAISSANCE MEDIA GROUP LLC AND SUBSIDIARIES
 
                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
 

<TABLE>
<CAPTION>
                                                     FOUR MONTHS        SIX MONTHS
                                                   ENDED APRIL 30,    ENDED JUNE 30,
                                                        1999               1998
                                                   ---------------    ---------------
                                                             (IN THOUSANDS)
                                                              (UNAUDITED)
<S>                                                <C>                <C>
Operating Activities:
  Net loss.......................................      $(4,032)          $  (3,598)
  Adjustments to reconcile net loss to net cash
     provided by operating activities:
     Depreciation and amortization...............        8,912               5,457
     Accretion on senior discount notes and
       non-cash interest expense.................        3,850               2,300
  Changes in operating assets and liabilities,
     net of effects from acquisitions:
     Accounts receivable, net....................          298              (1,422)
     Prepaid expenses and other assets...........          (75)               (360)
     Accounts payable and accrued expenses.......       (5,046)             10,053
     Advances from affiliates....................         (135)                104
                                                       -------           ---------
       Net cash provided by operating
          activities.............................        3,772              12,534
                                                       -------           ---------
Investing Activities:
  Acquisitions of cable systems..................       (2,770)           (309,500)
  Escrow deposit.................................          150                  --
  Capital expenditures...........................       (4,250)               (691)
  Cable television franchises....................           --              (1,235)
  Other intangible assets........................           16                (490)
                                                       -------           ---------
       Net cash used in investing activities.....       (6,854)           (311,916)
                                                       -------           ---------
Financing Activities:
  Debt acquisition costs.........................           --              (8,343)
  Repayments on bank debt........................           --              (7,500)
  Proceeds from bank debt........................           --             110,000
  Net proceeds from issuance of 10% senior
     discount notes..............................           --             100,012
  Capital contributions..........................           --             108,500
                                                       -------           ---------
       Net cash provided by financing
          activities.............................           --             302,669
                                                       -------           ---------
Net increase (decrease) in cash and cash
  equivalents....................................       (3,082)              3,287
Cash and cash equivalents at beginning of
  period.........................................        8,482                  --
                                                       -------           ---------
Cash and cash equivalents at end of period.......      $ 5,400           $   3,287
                                                       =======           =========
Cash paid for interest...........................      $ 4,210           $     312
                                                       =======           =========
</TABLE>

 
See accompanying notes to condensed consolidated financial statements.
 
                                      F-263