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SEC Filings

S-1/A
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form S-1/A on 11/04/1999
Entire Document
 
<PAGE>   505
 
                  RENAISSANCE MEDIA GROUP LLC AND SUBSIDIARIES
 
                CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
 

<TABLE>
<CAPTION>
                                                                               SIX MONTHS
                                                            FOUR MONTHS        ENDED JUNE
                                                          ENDED APRIL 30,          30,
                                                               1999               1998
                                                          ---------------    ---------------
                                                                    (IN THOUSANDS)
                                                                     (UNAUDITED)
<S>                                                       <C>                <C>
Operating Activities:
  Net loss..............................................      $(4,032)          $  (3,598)
  Adjustments to reconcile net loss to net cash provided
     by operating activities:
     Depreciation and amortization......................        8,912               5,457
     Accretion on senior discount notes and non-cash
       interest expense.................................        3,850               2,300
  Changes in operating assets and liabilities, net of
     effects from acquisitions:
     Accounts receivable, net...........................          298              (1,422)
     Prepaid expenses and other assets..................          (75)               (360)
     Accounts payable and accrued expenses..............       (5,046)             10,053
     Advances from affiliates...........................         (135)                104
                                                              -------           ---------
       Net cash provided by operating activities........        3,772              12,534
                                                              -------           ---------
Investing Activities:
  Acquisitions of cable systems.........................       (2,770)           (309,500)
  Escrow deposit........................................          150                  --
  Capital expenditures..................................       (4,250)               (691)
  Cable television franchises...........................           --              (1,235)
  Other intangible assets...............................           16                (490)
                                                              -------           ---------
       Net cash used in investing activities............       (6,854)           (311,916)
                                                              -------           ---------
Financing Activities:
  Debt acquisition costs................................           --              (8,343)
  Repayments on bank debt...............................           --              (7,500)
  Proceeds from bank debt...............................           --             110,000
  Net proceeds from issuance of 10% senior discount
     notes..............................................           --             100,012
  Capital contributions.................................           --             108,500
                                                              -------           ---------
       Net cash provided by financing activities........           --             302,669
                                                              -------           ---------
Net increase (decrease) in cash and cash equivalents....       (3,082)              3,287
Cash and cash equivalents at beginning of period........        8,482                  --
                                                              -------           ---------
Cash and cash equivalents at end of period..............      $ 5,400           $   3,287
                                                              =======           =========
Cash paid for interest..................................      $ 4,210           $     312
                                                              =======           =========
</TABLE>

 
See accompanying notes to condensed consolidated financial statements.
 
                                      F-258