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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/01/1999
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                   UNAUDITED SUMMARY PRO FORMA FINANCIAL DATA
 
     You should read the following unaudited summary pro forma financial data of
Charter Communications, Inc. in conjunction with the historical financial
statements and other financial information appearing elsewhere in this
prospectus, including "Capitalization", "Unaudited Pro Forma Financial
Statements" and "Management's Discussion and Analysis of Financial Condition and
Results of Operations".
 
   

<TABLE>
<CAPTION>
                                                     UNAUDITED SUMMARY PRO FORMA STATEMENT OF OPERATIONS
                                                               SIX MONTHS ENDED JUNE 30, 1999
                            -----------------------------------------------------------------------------------------------------
                                CHARTER
                            COMMUNICATIONS       RECENT                      PENDING      REFINANCING    OFFERING
                            HOLDING COMPANY   ACQUISITIONS    SUBTOTAL     ACQUISITIONS   ADJUSTMENTS   ADJUSTMENTS      TOTAL
                            ---------------   ------------   -----------   ------------   -----------   -----------   -----------
                                                        (DOLLARS IN THOUSANDS, EXCEPT PER SHARE DATA)
<S>                         <C>               <C>            <C>           <C>            <C>           <C>           <C>
Revenues..................    $  594,173       $  315,541    $   909,714    $  522,334     $     --     $       --    $ 1,432,048
                              ----------       ----------    -----------    ----------     --------     -----------   -----------
Operating expenses:
 Operating, general and
   administrative.........       310,325          160,519        470,844       267,170           --             --        738,014
 Depreciation and
   amortization...........       313,621          161,876        475,497       361,952           --             --        837,449
 Stock option compensation
   expense................        38,194               --         38,194            --                                     38,194
 Corporate expense
   charges(a).............        11,073           20,059         31,132        16,595           --             --         47,727
 Management fees..........            --            5,572          5,572         3,168           --             --          8,740
                              ----------       ----------    -----------    ----------     --------     -----------   -----------
   Total operating
     expenses.............       673,213          348,026      1,021,239       648,885           --             --      1,670,124
                              ----------       ----------    -----------    ----------     --------     -----------   -----------
Loss from operations......       (79,040)         (32,485)      (111,525)     (126,551)          --             --       (238,076)
Interest expense..........      (183,869)        (114,588)      (298,457)     (255,682)       4,300             --       (549,839)
Interest income...........        10,189              456         10,645           788           --             --         11,433
Other income (expense)....         2,682             (905)         1,777           (15)          --             --          1,762
                              ----------       ----------    -----------    ----------     --------     -----------   -----------
Loss before minority
 interest.................      (250,038)        (147,522)      (397,560)     (381,460)       4,300             --       (774,720)
Minority interest.........            --               --             --            --           --        508,552        508,552
                              ----------       ----------    -----------    ----------     --------     -----------   -----------
Loss before extraordinary
 item.....................    $ (250,038)      $ (147,522)   $  (397,560)   $ (381,460)    $  4,300     $  508,552    $  (266,168)
                              ==========       ==========    ===========    ==========     ========     ===========   ===========
Basic loss per share(b)...                                                                                            $     (1.57)
                                                                                                                      ===========
Diluted loss per
 share(b).................                                                                                            $     (1.57)
                                                                                                                      ===========
Weighted average shares
 outstanding:
 Basic....................                                                                                            170,050,000
 Diluted..................                                                                                            170,050,000
OTHER FINANCIAL DATA:
EBITDA(c).................    $  237,263       $  128,486    $   365,749    $  235,386                                $   601,135
EBITDA margin(d)..........          39.9%            40.7%          40.2%         45.1%                                      42.0%
Adjusted EBITDA(e)........    $  283,848       $  155,022    $   438,870    $  255,164                                $   694,034
Cash flows from operating
 activities...............       172,770           89,238        262,008       189,042                                    451,050
Cash flows used in
 investing activities.....      (271,191)        (111,785)      (382,976)      (67,411)                                  (450,387)
Cash flows from financing
 activities...............       207,131          188,571        395,702       455,277                                    850,979
Cash interest expense.....                                                                                                401,319
Capital expenditures......       262,507          101,127        363,634       116,268                                    479,902
BALANCE SHEET DATA (AT END
 OF PERIOD):
Total assets..............    $8,687,474       $3,231,280    $11,918,754    $9,994,753     $     --     $       --    $21,913,507
Total debt................     5,134,310        3,149,852      8,284,162     4,792,195           --             --     13,076,357
Minority interest.........            --               --             --            --           --      5,368,064      5,368,064
Members' equity...........     3,204,122               --      3,204,122     2,075,000           --     (5,279,122)            --
Stockholders' equity......            --               --             --            --           --      2,809,558      2,809,558
OPERATING DATA (AT END OF
 PERIOD, EXCEPT FOR
 AVERAGES):
Homes passed(f)...........     4,509,000        1,446,000      5,955,000     3,793,000                                  9,748,000
Basic customers(g)........     2,734,000          969,000      3,703,000     2,463,000                                  6,166,000
Basic penetration(h)......          60.6%            67.0%          62.2%         64.9%                                      63.3%
Premium units(i)..........     1,676,000          543,000      2,219,000       856,000                                  3,075,000
Premium penetration(j)....          61.3%            56.0%          59.9%         34.8%                                      49.9%
Average monthly revenue
 per basic customer(k)....                                                                                            $     38.71
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