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>   72
 
-------------------------
 
   
(a) Represents the historical balance sheets as of June 30, 1999 for
    acquisitions to be completed subsequent to June 30, 1999.
    
 
   
(b) Represents the historical assets and liabilities as of June 30, 1999 of the
    cable systems to be transferred to InterMedia as part of a swap of cable
    systems. The cable systems being swapped will be accounted for at fair
    value. No material gain or loss is anticipated in conjunction with the swap.
    See the "Business" section.
    
 
(c) Represents the use of Charter Communications Holding Company cash for the
    recent and pending acquisitions. The sources of cash for the recent and
    pending acquisitions are as follows (dollars in millions):
 
   

<TABLE>
    <S>                                                           <C>         <C>
    Charter Communications Holding Company's historical cash....              $   109.6
    Funded or expected equity contributions:
         Rifkin preferred equity................................  $  133.3
         Falcon equity..........................................     425.0
         Bresnan equity.........................................   1,000.0
         Mr. Allen equity contributions.........................   1,325.0
         Mr. Allen committed equity contribution................     750.0
         Net proceeds from initial public offering..............   2,897.6      6,530.9
                                                                  --------
    Expected credit facilities draw down:
         Charter Operatings' credit facilities..................     958.2
         Credit facilities of acquisitions......................   2,690.0      3,648.2
                                                                  --------
    Anticipated long-term debt..................................                1,363.4
    Publicly held debt, at fair market value:
      8.375% senior debentures -- Falcon........................     375.0
      9.285% senior discount debentures -- Falcon...............     304.7
      11.56% subordinated notes -- Falcon.......................      15.0
      8.0% senior notes -- Bresnan..............................     170.0
      9.25% senior discount notes -- Bresnan....................     178.8
      9.375% senior subordinated notes -- Avalon................     150.0
      11.875% senior discount notes -- Avalon...................     119.6      1,313.1
                                                                  --------
 
    Helicon preferred limited liability company interest........                   25.0
                                                                              ---------
                                                                              $12,990.2
                                                                              =========
</TABLE>

    
 
(d) Represents the offset of advance billings against deferred revenue to be
    consistent with Charter Communications Holding Company accounting policy and
    the elimination of deferred revenue.
 
(e) Reflects assets retained by the seller.
 
                                       69