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>   404
                    HELICON PARTNERS I, L.P. AND AFFILIATES
 
             NOTES TO COMBINED FINANCIAL STATEMENTS -- (CONTINUED)
 
     A portion of the purchase price was paid through the issuance of notes to
the Sellers totaling $1,801,000. Such notes were reported net of imputed
interest of $304,698 computed at 9% per annum (see Note 11).
 
     The operating results relating to the above acquisitions, effective with
their acquisition dates, are included in the accompanying combined financial
statements.
 
4.  PROPERTY, PLANT AND EQUIPMENT, NET
 
     Property, plant and equipment, net is summarized as follows at December 31:
 

<TABLE>
<CAPTION>
                                                                 ESTIMATED USEFUL
                                     1997            1998         LIFE IN YEARS
                                 ------------    ------------    ----------------
<S>                              <C>             <C>             <C>
Land...........................  $    121,689    $    320,689         --
Cable television system........   124,684,403     140,441,324      5 to 20
Internet service equipment.....     1,281,362       2,483,602       2 to 3
Office furniture and
  fixtures.....................       677,672         728,253      5 and 10
Vehicles.......................     3,536,358       4,570,990      3 and 5
Building.......................       805,525       1,585,384      5 and 10
Building and leasehold
  Improvements.................       398,843         445,820       1 to 5
Computers......................     3,232,355       4,159,506       3 to 5
                                 ------------    ------------
                                  134,738,207     154,735,568
Less accumulated depreciation..   (54,633,830)    (67,997,988)
                                 ------------    ------------
                                 $ 80,104,377    $ 86,737,580
                                 ============    ============
</TABLE>

 
5.  INTANGIBLE ASSETS AND DEFERRED COSTS
 
     Intangible assets and deferred costs are summarized as follows at December
31:
 

<TABLE>
<CAPTION>
                                                                 ESTIMATED USEFUL
                                       1997           1998        LIFE IN YEARS
                                   ------------   ------------   ----------------
<S>                                <C>            <C>            <C>
Covenants not-to-compete.........  $ 14,270,120   $ 14,270,120        5
Franchise agreements.............    19,650,889     19,650,889     9 to 17
Goodwill.........................     1,703,760      1,703,760       20
Subscriber lists.................    82,292,573    102,097,574     6 to 10
Financing costs..................     9,414,809      9,291,640     8 to 10
Organization and other costs.....     3,631,650      4,306,777     5 to 10
                                   ------------   ------------
                                    130,963,801    151,320,760
Less accumulated amortization....   (45,897,136)   (56,443,913)
                                   ------------   ------------
                                   $ 85,066,665   $ 94,876,847
                                   ============   ============
</TABLE>

 
                                      F-157