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SEC Filings

S-4/A
AVALON CABLE OF MICHIGAN INC/ filed this Form S-4/A on 07/22/1999
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            AVALON CABLE OF MICHIGAN HOLDINGS, INC. AND SUBSIDIARIES
 
                     CONSOLIDATED STATEMENTS OF OPERATIONS
                             (dollars in thousands)
 

<TABLE>
<CAPTION>
                                                              For the period
                                            For the year     September 4, 1997
                                                ended       (inception) through
                                          December 31, 1998  December 31, 1997
                                          ----------------- -------------------
<S>                                       <C>               <C>
Revenue:
  Basic services.........................      $14,976             $ --
  Premium services.......................        1,468               --
  Other..................................        1,743               --
                                               -------             -----
                                                18,187               --
Operating expenses:
  Selling, general and administrative....        4,207               --
  Programming............................        4,564               --
  Technical and operations...............        1,951               --
  Depreciation and amortization..........        8,183               --
                                               -------             -----
Loss from operations.....................         (718)              --
 
Interest income..........................          173                 4
Interest expense.........................       (8,223)              --
Other expense, net.......................          (65)              --
                                               -------             -----
Income (loss) before income taxes........       (8,833)                4
(Benefit) from income taxes..............       (2,754)              --
                                               -------             -----
Income (loss) before minority interest
 and extraordinary item..................       (6,079)                4
Minority interest in income of
 consolidated entity.....................        1,331                (4)
                                               -------             -----
Income (loss) before extraordinary item..       (4,748)              --
Extraordinary loss on extinguishment of
 debt (net of tax of $1,743).............       (4,170)              --
                                               -------             -----
  Net income (loss)......................      $(8,918)            $ --
                                               =======             =====
</TABLE>

 
 
                 The accompanying notes are an integral part of
                    these consolidated financial statements.
 
                                      F-30