Print Page  Close Window

SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 09/28/1999
Entire Document
 
<PAGE>   346
 
                 GREATER MEDIA CABLEVISION SYSTEMS (SEE NOTE 1)
 
                       COMBINED STATEMENTS OF CASH FLOWS
                                 (IN THOUSANDS)
 

<TABLE>
<CAPTION>
                                                 NINE MONTHS
                                                    ENDED
                                                  JUNE 30,           YEAR ENDED SEPTEMBER 30,
                                             -------------------   ----------------------------
                                               1999       1998      1998      1997       1996
                                               ----       ----      ----      ----       ----
                                                 (UNAUDITED)
<S>                                          <C>        <C>        <C>       <C>       <C>
Net income.................................  $  8,782   $  9,856   $12,478   $10,818   $  9,200
Adjustments to reconcile net income to net
  cash provided by operating activities:
  Provision in lieu of income taxes........     6,646      6,247     8,008     7,964      5,987
  Depreciation and amortization............     7,398      5,717     8,183     7,368      7,353
  (Gain) loss on sale of fixed assets......       465        171       300       715        274
Changes in assets and liabilities:
  Accounts receivable, prepaid expenses and
     other assets..........................    (1,431)    (4,045)     (813)   (1,115)      (498)
  Other assets.............................        10         31        24       (30)       (11)
  Accounts payable and accrued expenses....      (178)       144     1,825      (440)    (1,900)
  Customers' prepayments and deferred
     installation revenue..................       242         (7)       96       367         94
  Customers' deposits and deferred
     revenue...............................       (24)      (174)     (270)      (69)       466
                                             --------   --------   -------   -------   --------
 
Net cash provided by operating
  activities...............................    21,910     17,940    29,831    25,578     20,965
                                             --------   --------   -------   -------   --------
Cash flow from investing activities:
Capital expenditures.......................   (13,797)   (15,700)  (21,049)   (7,587)    (5,122)
Proceeds from disposition of property and
  equipment................................        --        250        72        --        128
Purchase of licenses.......................      (512)       (49)   (1,044)      (99)        --
                                             --------   --------   -------   -------   --------
Net cash used in investing activities......   (14,309)   (15,499)  (22,021)   (7,686)    (4,994)
                                             --------   --------   -------   -------   --------
Cash flow from financing activities:
 
Net payments to affiliates.................       (34)    (3,941)   (7,410)  (18,061)   (17,038)
                                             --------   --------   -------   -------   --------
Net increase (decrease) in cash and cash
  equivalents..............................     7,567     (1,500)      400      (169)    (1,067)
Cash and cash equivalents, beginning of
  year.....................................     4,080      3,680     3,680     3,849      4,916
                                             --------   --------   -------   -------   --------
Cash and cash equivalents, end of year.....  $ 11,647   $  2,180   $ 4,080   $ 3,680   $  3,849
                                             ========   ========   =======   =======   ========
Supplemental disclosure of cash flow
  information:
  Non-affiliate interest paid during the
     year..................................  $    264   $     42   $   296   $   155   $    447
                                             ========   ========   =======   =======   ========
</TABLE>

 
   The accompanying notes are an integral part of these combined statements.
                                      F-101