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SEC Filings

10-Q
CHARTER COMMUNICATIONS, INC. /MO/ filed this Form 10-Q on 12/22/1999
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                  CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES

                      CONSOLIDATED STATEMENT OF CASH FLOWS
                                   (UNAUDITED)
                             (DOLLARS IN THOUSANDS)


<TABLE>
<CAPTION>
                                                                                                    NINE MONTHS
                                                                                                       ENDED
                                                                                                    SEPTEMBER 30,
                                                                                                       1999
                                                                                                    -------------
<S>                                                                                                 <C>         
CASH FLOWS FROM OPERATING ACTIVITIES:
     Net loss                                                                                       $       (97)
     Adjustments to reconcile net loss to net cash provided by operating activities:
         Minority interest                                                                             (388,161)
         Depreciation and amortization                                                                  441,391
         Stock option compensation expense                                                               59,288
         Amortization of non-cash interest expense                                                       66,028
         Loss from early extinguishment of debt                                                           7,794
     Changes in assets and liabilities, net of effects from acquisitions --
         Accounts receivable, net                                                                        (2,358)
         Prepaid expenses and other                                                                     (11,665)
         Accounts payable and accrued expenses                                                           74,556
         Payables to manager of cable systems, including deferred management fees                        19,922
     Other operating activities                                                                          (1,087)
                                                                                                    -----------
               Net cash provided by operating activities                                                265,611
                                                                                                    -----------
CASH FLOWS FROM INVESTING ACTIVITIES:
     Purchases of property, plant and equipment                                                        (385,301)
     Deposit paid for pending acquisition                                                               (51,458)
     Payments for acquisitions, net of cash acquired                                                 (2,659,384)
     Loan to Marcus Cable Holdings                                                                   (1,680,142)
     Other investing activities                                                                         (11,106)
                                                                                                    -----------
               Net cash used in investing activities                                                 (4,787,391)
                                                                                                    -----------
CASH FLOWS FROM FINANCING ACTIVITIES:
     Borrowings of long-term debt                                                                     6,464,188
     Repayments of long-term debt                                                                    (2,539,340)
     Payments for debt issuance costs                                                                  (107,562)
     Capital contributed to subsidiary                                                                1,144,290
     Distributions                                                                                      (14,786)
     Other financing activities                                                                            (400)
                                                                                                    -----------
               Net cash provided by financing activities                                              4,946,390
                                                                                                    -----------
NET INCREASE IN CASH AND CASH EQUIVALENTS                                                               424,610
CASH AND CASH EQUIVALENTS, beginning of period                                                            9,573
                                                                                                    -----------
CASH AND CASH EQUIVALENTS, end of period                                                            $   434,183
                                                                                                    ===========
CASH PAID FOR INTEREST                                                                              $   136,626
                                                                                                    ===========
NON CASH TRANSACTIONS:
     Transfer of Marcus Holdings' net assets to the Company                                         $ 1,252,370
                                                                                                    ===========
     Transfer of Rifkin equity interests to the Company and preferred equity retained by former
         Rifkin owners in the Company                                                               $   314,022
                                                                                                    ===========
</TABLE>


   The accompanying notes are an integral part of this consolidated statement.


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