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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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<PAGE>


            AVALON CABLE HOLDINGS FINANCE, INC. AND SUBSIDIARY

                        CONSOLIDATED BALANCE SHEET

                   (in thousands, except share amounts)

<TABLE>
<CAPTION>
                                                        March 31,  December 31,
                                                          1999         1998
                                                       ----------- ------------
                                                       (Unaudited)
<S>                                                    <C>         <C>
Assets
Note receivable--affiliate............................   $15,338     $15,171
                                                         -------     -------
  Total assets........................................   $15,338     $15,171
                                                         =======     =======
Liabilities and Stockholder's Equity
Note payable--affiliate...............................   $15,338     $15,171
                                                         -------     -------
  Total liabilities...................................    15,338      15,171
                                                         -------     -------
Common stock, par value of $.01; authorized 1,000
 shares;
 issued 100 shares....................................       --          --
                                                         -------     -------
  Total stockholder's equity..........................       --          --
                                                         -------     -------
  Total liabilities and stockholder's equity..........   $15,338     $15,171
                                                         =======     =======
</TABLE>


  The accompanying notes are an integral part of these consolidated financial
                                statements.

                                      F-50