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S-4/A
AVALON CABLE OF MICHIGAN INC/ filed this Form S-4/A on 05/28/1999
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                       AVALON CABLE LLC AND SUBSIDIARIES

                      CONSOLIDATED STATEMENT OF CASH FLOWS

  From the Period from October 21, 1998 (inception) through December 31, 1998
                                  In thousands


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<S>                                                                   <C>
Cash flows from operating activities:
  Net loss........................................................... $ (2,054)
  Adjustments to reconcile net income to net cash provided by
   operating activities
    Depreciation and amortization....................................      440
  Changes in operating assets and liabilities........................
    Increase in subscriber receivables...............................      (30)
    Increase in prepaid expenses and other current assets............      (32)
    Increase in accounts payable and accrued expenses................      424
                                                                      --------
      Net cash used in operating activities..........................   (1,252)
                                                                      --------
Cash flows from investing activities:
  Increase in note receivable--affiliate.............................  (15,362)
  Capital expenditures...............................................     (157)
                                                                      --------
      Net cash used in investing activities..........................  (15,519)
                                                                      --------
Cash flows from financing activities:
  Contributions by members...........................................   46,588
  Proceeds from issuance of notes payable-affiliates.................   33,070
  Payment of terms loans and revolving credit facility...............  (29,600)
  Payment of note payable to affiliates..............................  (33,070)
                                                                      --------
      Net cash provided by financing activities......................   16,988
Increase in cash.....................................................      217
Cash, beginning of period............................................      --
                                                                      --------
Cash, end of period.................................................. $    217
                                                                      ========
Supplemental disclosures of cash flow information:
  Cash paid during the period for interest........................... $    841
                                                                      ========
  Non-cash contributions by members.................................. $  2,757
                                                                      ========
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  The accompanying notes are an integral part of these consolidated financial
                                  statements.

                                      F-7