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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, INC. AND SUBSIDIARIES
 
                     CONSOLIDATED STATEMENTS OF OPERATIONS
 
                             (dollars in thousands)
 

<TABLE>
<S>                                                <C>           <C>
                                                                 For the period
                                                                      from
                                                                  September 4,
                                                                      1997
                                                   For the year   (inception)
                                                      ended         through
                                                   December 31,   December 31,
                                                       1998           1997
                                                   ------------  --------------
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 loss 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-111