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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
 
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(j) Represents the following (dollars in millions):
    
 
   

<TABLE>
<S>                                                           <C>
Long-term debt not assumed..................................  $ (2,155.1)
Helicon notes (to be called)................................      (115.0)
Rifkin notes (to be tendered)...............................      (125.0)
Falcon notes and debentures (to be put).....................      (698.7)
Bresnan notes (to be put)...................................      (348.0)
                                                              ----------
     Total pro forma debt not assumed.......................    (3,441.8)
Short-term debt:
  8% liability to Falcon sellers............................       425.0
  8% liability to Rifkin sellers............................       133.3
  8% liability to Bresnan sellers...........................     1,000.0
  Falcon bridge loan facility...............................       705.7
  Anticipated financing.....................................     1,715.3
  Avalon notes..............................................       278.6
                                                              ----------
     Total short-term debt..................................     4,257.9
Long-term debt:
  Charter Operating's credit facilities.....................     1,604.1
  Falcon credit facility....................................     1,011.0
  Avalon credit facility....................................       169.0
  Fanch credit facility.....................................       875.0
  Helicon preferred limited liability company interests.....        25.0
                                                              ----------
     Total long-term debt...................................     3,684.1
Pending acquisitions payable................................     2,898.5
                                                              ----------
                                                              $  7,398.7
                                                              ==========
</TABLE>

    
 
   
     The liabilities to the Bresnan, Falcon and Rifkin sellers represent the
potential obligations to repurchase equity interests issued to the sellers
arising from possible violations of the Securities Act in connection with the
issuance of equity interests to these sellers. The pending acquisitions payable
represents a portion of the purchase price of the pending acquisitions to be
funded by the proceeds of the offering.
    
 
   
(k) Represents the elimination of historical liabilities retained by the seller
    and the elimination of Falcon's historical redeemable preferred shares.
    
 
   
(l) Represents the following (dollars in thousands):
    
 
   

<TABLE>
<S>                                                           <C>
Elimination of historical equity............................  $  (45,548)
Additional contributions into Charter Communications
  Holding Company:
     Mr. Allen's equity contributions.......................   1,325,000
     Mr. Allen's committed equity contribution..............     750,000
                                                              ----------
                                                              $2,029,452
                                                              ==========
</TABLE>

    
 
   
     NOTE B: Offering adjustments include the issuance and sale by Charter
Communications, Inc. of Class A common stock for net proceeds of $2.90 billion,
after deducting underwriting discounts and commissions and estimated offering
expenses, and proceeds of $0.9 million from the sale of Class B common stock,
all applied to reduce the pending acquisition payable. Also included as an
offering adjustment is the effect of consolidating Charter Communications
Holding Company into Charter Communications, Inc. using historical carrying
values based on Charter Communications, Inc.'s purchase of membership units,
including voting control, in Charter Communications Holding Company. This
results in the $5.4 billion of member's equity in Charter Communications Holding
Company becoming minority interest in the consolidated balance sheet of Charter
Communications, Inc.
    
 
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