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>   530
 
                     RIFKIN ACQUISITION PARTNERS, L.L.L.P.
 
                      CONSOLIDATED STATEMENT OF OPERATIONS
 

<TABLE>
<CAPTION>
                                                                 SIX MONTHS ENDED
                                                                     JUNE 30,
                                                            ---------------------------
                                                                1999           1998
                                                            ------------    -----------
                                                                    (UNAUDITED)
<S>                                                         <C>             <C>
REVENUE:
Service...................................................  $ 44,101,504    $40,840,852
Installation and other....................................     4,482,312      3,460,924
                                                            ------------    -----------
     Total revenue........................................    48,583,816     44,301,776
COSTS AND EXPENSES:
Operating expense.........................................     6,644,646      7,005,851
Programming expense.......................................    10,639,390      9,249,482
Selling, general and administrative expense...............    10,744,654      6,357,755
Depreciation..............................................     8,246,865      7,409,182
Amortization..............................................    12,738,555     11,274,197
Management fees...........................................     1,700,434      1,550,562
Loss on disposal of assets................................       471,021        647,759
                                                            ------------    -----------
     Total costs and expenses.............................    51,185,565     43,494,788
                                                            ------------    -----------
Operating income(loss)....................................    (2,601,749)       806,988
Gain on sale of Michigan assets...........................            --     (5,989,846)
Interest expense..........................................    11,722,458     11,717,980
                                                            ------------    -----------
Loss before income taxes and cumulative effect of
  accounting change.......................................   (14,324,207)    (4,921,146)
Income tax benefit........................................    (1,239,000)    (1,900,000)
                                                            ------------    -----------
Loss before cumulative effect of accounting change........   (13,085,207)    (3,021,146)
Cumulative effect of accounting change for organizational
  costs...................................................       111,607             --
                                                            ------------    -----------
Net loss..................................................  $(13,196,814)   $(3,021,146)
                                                            ============    ===========
</TABLE>

 
See accompanying notes to financial statements.
 
                                      F-285