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10-K405
RENAISSANCE MEDIA GROUP LLC filed this Form 10-K405 on 03/31/1999
Entire Document
 
<PAGE>
 
           PICAYUNE MS, LAFOURCHE LA, ST. TAMMANY LA, ST. LANDRY LA,
           POINTE COUPEE LA, AND JACKSON TN CABLE TELEVISION SYSTEMS
 
                       COMBINED STATEMENTS OF CASH FLOWS
                                 (In Thousands)
 

<TABLE>
<CAPTION>
                                                  Year ended December 31,
                                              ---------------------------------
                                                  1995        1996       1997
                                              ------------- ---------  --------
                                                               (Included in
                                              (Predecessor)   TWI Cable Inc.)
                                              ------------- -------------------
<S>                                           <C>           <C>        <C>
Operating Activities:
Net (loss) income...........................     $(5,352)   $   2,350  $  3,484
  Adjustments for noncash and nonoperating
   items:
  Income tax (benefit) expense..............      (3,567)       1,502     2,262
  Depreciation and amortization.............      17,610       18,360    18,697
  (Gain) loss on disposal of fixed assets...         --          (244)      620
  Changes in operating assets and
   liabilities:
    Receivables, prepaids and other assets..        (196)         944      (464)
    Accounts payable, accrued expenses and
     other liabilities......................        (972)         176      (466)
    Other balance sheet changes.............         --           --       (529)
                                                 -------    ---------  --------
Net cash provided by operations.............       7,523       23,088    23,604
Investing Activities:
Purchase of Predecessor cable systems, net
 of cash acquired...........................         --      (249,473)      --
Capital expenditures........................      (7,376)      (8,170)   (6,390)
                                                 -------    ---------  --------
Net cash used in investing activities.......      (7,376)    (257,643)   (6,390)
Financing Activities:
Advance from Parent for purchase of
 Predecessor................................         --       250,039       --
Net repayment of advances from Parent.......         --       (14,914)  (16,413)
                                                 -------    ---------  --------
Net cash provided by (used in) financing
 activities.................................         --       235,125   (16,413)
Increase in Cash and Cash Equivalents.......         147          570       801
Cash and Cash Equivalents at Beginning of
 Period.....................................         419            0       570
                                                 -------    ---------  --------
Cash and Cash Equivalents at End of Period..     $   566    $     570  $  1,371
                                                 =======    =========  ========
</TABLE>

 
 
            See accompanying notes to combined financial statements.
 
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