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SEC Filings

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

                     CONSOLIDATED STATEMENTS OF OPERATIONS

     For the Period from June 2, 1998 (inception) through December 31, 1998
                             (dollars in thousands)


<TABLE>
<S>                                                                     <C>
Revenue:
  Basic services....................................................... $11,119
  Premium services.....................................................   1,036
  Other................................................................   1,502
                                                                        -------
                                                                         13,657
Operating expenses:
  Selling, general and administrative..................................   2,719
  Programming..........................................................   3,281
  Technical and operations.............................................   1,718
  Depreciation and amortization........................................   6,614
                                                                        -------
Loss from operations...................................................    (675)

Interest income........................................................     173
Interest (expense).....................................................  (6,957)
Other (expense), net...................................................     (65)
                                                                        -------
(Loss) before income taxes.............................................  (7,524)
(Benefit) from income taxes............................................  (2,754)
                                                                        -------
(Loss) before minority interest and extraordinary item.................  (4,770)
Minority interest in loss of consolidated entity.......................    (398)
                                                                        -------
(Loss) before extraordinary item.......................................  (5,168)
Extraordinary loss on extinguishment of debt (net of tax of $1,743)....  (3,060)
                                                                        -------
  Net loss............................................................. $(8,228)
                                                                        =======
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                 The accompanying notes are an integral part of
                    these consolidated financial statements.

                                      F-24