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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>   63

<TABLE>
<CAPTION>
                                                    YEAR ENDED DECEMBER 31, 1998
                              -------------------------------------------------------------------------
                                                         RECENT ACQUISITIONS
                              -------------------------------------------------------------------------
                                                                    PRO FORMA
                                           ------------------------------------------------------------
                                                                                                TOTAL
                              HISTORICAL   ACQUISITIONS(c)   DISPOSITIONS(d)   ADJUSTMENTS     RECENT
                              ----------   ---------------   ---------------   -----------    ---------
<S>                           <C>          <C>               <C>               <C>            <C>
Revenues....................  $ 527,677       $127,429          $(46,153)       $      --     $ 608,953
                              ---------       --------          --------        ---------     ---------
Operating expenses:
 Operating, general and
   administrative...........    275,898         66,641           (24,101)         (10,991)(f)   307,447
 Depreciation and
   amortization.............    197,164         31,262           (29,773)         137,146(g)    335,799
 Corporate expense
   charges..................         --             --                --           10,991(f)     10,991
 Management fees............     11,220          4,042              (594)              --        14,668
                              ---------       --------          --------        ---------     ---------
   Total operating
     expenses...............    484,282        101,945           (54,468)         137,146       668,905
                              ---------       --------          --------        ---------     ---------
Income (loss) from
 operations.................     43,395         25,484             8,315         (137,146)      (59,952)
Interest expense............   (106,982)       (30,354)           16,923         (151,037)(h)  (271,450)
Interest income.............        714            323                --               --         1,037
Other income (expense)......     58,821           (178)              235          (65,740)(i)    (6,862)
                              ---------       --------          --------        ---------     ---------
Income (loss) before income
 tax expense (benefit)......     (4,052)        (4,725)           25,473         (353,923)     (337,227)
Income tax expense
 (benefit)..................      5,536          2,431                10           (7,977)(j)        --
                              ---------       --------          --------        ---------     ---------
Income (loss) before
 extraordinary item.........  $  (9,588)      $ (7,156)         $ 25,463        $(345,946)    $(337,227)
                              =========       ========          ========        =========     =========
 
<CAPTION>
                                                     YEAR ENDED DECEMBER 31, 1998
                              --------------------------------------------------------------------------
                                                         PENDING ACQUISITIONS
                              --------------------------------------------------------------------------
                                                                     PRO FORMA
                                           -------------------------------------------------------------
                                                                                                TOTAL
                              HISTORICAL   ACQUISITIONS(c)   DISPOSITIONS(e)   ADJUSTMENTS     PENDING
                              ----------   ---------------   ---------------   -----------    ----------
<S>                           <C>          <C>               <C>               <C>            <C>
Revenues....................  $  728,813      $319,072          $ (25,216)      $      --     $1,022,669
                              ----------      --------          ---------       ---------     ----------
Operating expenses:
 Operating, general and
   administrative...........     385,027       160,438            (12,979)        (21,368)(f)    511,118
 Depreciation and
   amortization.............     260,962        88,436             (9,355)        403,802(g)     743,845
 Corporate expense
   charges..................         760        14,962                 --          21,368(f)      37,090
 Management fees............       3,998         2,175                (38)             --          6,135
                              ----------      --------          ---------       ---------     ----------
   Total operating
     expenses...............     650,747       266,011            (22,372)        403,802      1,298,188
                              ----------      --------          ---------       ---------     ----------
Income (loss) from
 operations.................      78,066        53,061             (2,844)       (403,802)      (275,519)
Interest expense............    (130,983)      (23,667)               742        (303,678)(h)   (457,586)
Interest income.............         190           801                 --              --            991
Other income (expense)......      16,570         4,446             (1,080)        (26,564)(i)     (6,628)
                              ----------      --------          ---------       ---------     ----------
Income (loss) before income
 tax expense (benefit)......     (36,157)       34,641             (3,182)       (734,044)      (738,742)
Income tax expense
 (benefit)..................       2,369        (1,762)                --            (607)(j)         --
                              ----------      --------          ---------       ---------     ----------
Income (loss) before
 extraordinary item.........  $  (38,526)     $ 36,403          $  (3,182)      $(733,437)    $ (738,742)
                              ==========      ========          =========       =========     ==========
</TABLE>

 
-------------------------
(a) Rifkin includes the results of operations of Rifkin Acquisition Partners,
    L.L.L.P., as follows (dollars in thousands):
 

<TABLE>
<CAPTION>
                                                          RIFKIN
                                                        ACQUISITION     OTHER      TOTAL
                                                        -----------    -------    --------
<S>                                                     <C>            <C>        <C>
Revenues..............................................    $89,921      $34,461    $124,382
Income from operations................................      1,040        7,764       8,804
Income before extraordinary item......................     24,419       (5,640)     18,779
</TABLE>

 
(b) Fanch includes the results of operations of Fanch cable systems as follows
    (dollars in thousands):
 

<TABLE>
<CAPTION>
                                                       FANCH CABLE
                                                         SYSTEMS      OTHERS      TOTAL
                                                       -----------    -------    --------
<S>                                                    <C>            <C>        <C>
Revenues.............................................   $124,555      $16,549    $141,104
Income from operations...............................     25,241        2,897      28,138
Income before extraordinary item.....................     18,814          554      19,368
</TABLE>

 
(c) Represents the historical results of operations for the period from January
    1, 1998 through the date of purchase for acquisitions completed by
    Renaissance, the InterMedia systems, Helicon, Rifkin, Avalon, Falcon, Fanch
    and Bresnan and for the period from January 1, 1998 through December 31,
    1998 for acquisitions to be completed in 1999.
 
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