Print Page  Close Window

SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/01/1999
Entire Document
 
<PAGE>   328
 
                           CHARTERCOMM HOLDINGS, L.P.
                                AND SUBSIDIARIES
 
                     CONSOLIDATED STATEMENTS OF OPERATIONS
                             (DOLLARS IN THOUSANDS)
 

<TABLE>
<CAPTION>
                                                        PERIOD FROM
                                                         JANUARY 1,
                                                           1998,             YEAR ENDED
                                                          THROUGH           DECEMBER 31
                                                        DECEMBER 23,    --------------------
                                                            1998          1997        1996
                                                        ------------      ----        ----
<S>                                                     <C>             <C>         <C>
REVENUES..............................................    $196,801      $175,591    $120,280
                                                          --------      --------    --------
OPERATING EXPENSES:
  Operating costs.....................................      83,745        75,728      50,970
  General and administrative..........................      14,586        12,607       9,327
  Depreciation and amortization.......................      86,741        76,535      53,133
  Management fees -- related party....................      14,780         8,779       6,014
                                                          --------      --------    --------
                                                           199,852       173,649     119,444
                                                          --------      --------    --------
     Income (loss) from operations....................      (3,051)        1,942         836
                                                          --------      --------    --------
OTHER INCOME (EXPENSE):
  Interest income.....................................         211           182         233
  Interest expense....................................     (66,121)      (61,498)    (41,021)
  Other, net..........................................      (1,895)           17        (468)
                                                          --------      --------    --------
                                                           (67,805)      (61,299)    (41,256)
                                                          --------      --------    --------
     Loss before extraordinary item...................     (70,856)      (59,357)    (40,420)
EXTRAORDINARY ITEM -- Loss on early retirement of
  debt................................................      (6,264)           --          --
                                                          --------      --------    --------
     Net loss.........................................     (77,120)      (59,357)    (40,420)
REDEMPTION PREFERENCE ALLOCATION:
  Special Limited Partner units.......................          --            --        (829)
  Redeemable Preferred Limited units..................          --            --      (4,081)
NET LOSS ALLOCATED TO REDEEMABLE PREFERRED LIMITED
  UNITS...............................................      20,128         2,553       4,063
                                                          --------      --------    --------
     Net loss applicable to partners' capital
       accounts.......................................    $(56,992)     $(56,804)   $(41,267)
                                                          ========      ========    ========
NET LOSS ALLOCATION TO PARTNERS' CAPITAL ACCOUNTS:
  General Partner.....................................    $(56,992)     $(21,708)   $(38,391)
  Common Limited Partners.............................          --       (35,096)     (2,876)
                                                          --------      --------    --------
                                                          $(56,992)     $(56,804)   $(41,267)
                                                          ========      ========    ========
</TABLE>

 
 The accompanying notes are an integral part of these consolidated statements.
                                      F-81