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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/01/1999
Entire Document
 
<PAGE>   410
                    HELICON PARTNERS I, L.P. AND AFFILIATES
 
             NOTES TO COMBINED FINANCIAL STATEMENTS -- (CONTINUED)
 
     Principal payments due on the above notes payable are summarized as follows
at December 31, 1998:
 

<TABLE>
<CAPTION>
YEAR ENDING DECEMBER 31                                        AMOUNT
-----------------------                                      ----------
<S>                                                          <C>
1999.....................................................    $1,337,476
2000.....................................................     3,276,529
2001.....................................................       678,349
2002.....................................................       140,944
2003.....................................................        15,506
                                                             ----------
                                                             $5,448,804
                                                             ==========
</TABLE>

 
12.  PARTNERS' DEFICIT
 
     During 1993, the Principal Owner contributed a $6,500,000 unsecured,
non-interest bearing personal promissory note due on demand to the general
partner of THGLP. Additionally, the Principal Owner contributed to THGLP an
unsecured, non-interest bearing personal promissory note in the aggregate
principal amount of $24,000,000 (together with the $6,500,000 note, the "Baum
Notes"). The Baum Notes have been issued for the purpose of THGLP's credit
enhancement. Although the Baum Notes are unconditional, they do not become
payable except (i) in increasing amounts presently up to $19,500,000 and in
installments thereafter to a maximum of $30,500,000 on December 16, 1996 and
(ii) at such time after such dates as THGLP's creditors shall have exhausted all
claims against THGLP's assets.
 
13.  COMMITMENTS
 
     The Partnership and affiliates leases telephone and utility poles on an
annual basis. The leases are self renewing. Pole rental expense for the years
ended December 31, 1996, 1997 and 1998 was $609,075, $873,264 and $982,306,
respectively.
 
     In connection with certain lease and franchise agreements, the Partnership,
from time to time, issues security bonds.
 
     The Partnership and affiliates utilizes certain office space under
operating lease agreements which expire at various dates through August 2013 and
contain renewal options. At December 31, 1998 the future minimum rental
commitments under such leases were as follows:
 

<TABLE>
<CAPTION>
YEAR ENDING DECEMBER 31
-----------------------
<S>                                                          <C>
1999.....................................................    $  166,825
2000.....................................................       142,136
2001.....................................................       141,727
2002.....................................................       147,912
2003.....................................................       151,412
Thereafter...............................................     1,418,017
                                                             ----------
                                                             $2,168,029
                                                             ==========
</TABLE>

 
     Office rent expense was $102,801 in 1996, $203,506 in 1997 and $254,955 in
1998.
 
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