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Charter Reports Fourth Quarter and Annual 2009 Financial and Operating Results

March 2, 2010

Charter Communications, Inc. (along with its subsidiaries, the "Company" or "Charter") today reported financial and operating results for the three months and year ended December 31, 2009.

  Key year-over-year highlights:
  --  Revenues for the year ended December 31, 2009 increased 4.5% on a pro
      forma(1) basis and 4.3% on an actual basis compared to 2008.
  --  Adjusted EBITDA(2) for 2009 increased 7.8% on a pro forma basis and
      7.5% on an actual basis compared to 2008.
  --  Fourth quarter revenues grew 3.5% on a pro forma basis and 3.3% on an
      actual basis, driven by increases in telephone, high-speed Internet
      (HSI) and commercial revenues.
  --  Fourth quarter adjusted EBITDA grew 2.4% on a pro forma basis and 2.1%
      on an actual basis.
  --  Total average monthly revenue per basic video customer (ARPU) for the
      fourth quarter increased 8.1% year-over-year to $117.43, driven by
      increased sales of The Charter Bundle™.
  --  Charter completed its financial restructuring in November 2009,
      reducing debt by approximately $8 billion, or 40%.


"2009 was a successful year on many fronts. We enhanced our video, Internet and phone services while continuing to improve the customer experience. We also achieved strong operating results throughout the year and completed a financial restructuring that better positions us for the future," said Mike Lovett, Interim President and Chief Executive Officer.

Fresh Start Accounting and Combined Successor and Predecessor Results

As previously announced, Charter emerged from Chapter 11 on November 30, 2009 under our pre-arranged Joint Plan of Reorganization ("the Plan"), which was confirmed by the United States Bankruptcy Court for the Southern District of New York.

Upon emergence from bankruptcy, Charter adopted fresh start accounting. In addition to fresh start accounting, our consolidated financial statements reflect all effects of the transactions contemplated by the Plan. Thus, our financial statements are not comparable in many respects to our financial statements for periods prior to our adoption of fresh start accounting and prior to accounting for the effects of the reorganization.

The accompanying consolidated statements of operations and cash flows contained in the addendum to this release present the results of operations and the sources and uses of cash for (i) the eleven months ended November 30, 2009 of the Company (the "Predecessor") and (ii) the one month ended December 31, 2009 of the Company (the "Successor"). However, for purposes of this release, we have combined the current year results of operations for the Predecessor and the Successor. We believe the combined results of operations for the three and twelve months ended December 31, 2009 provide management and investors with a more meaningful perspective of our ongoing financial and operational performance and trends than if we did not combine the results of operations of the Predecessor and the Successor in this manner.

Net gains related to our emergence from Chapter 11 Bankruptcy and the related application of fresh start accounting had a significant impact on net income for the quarter and year ended December 31, 2009. Net income for the fourth quarter of 2009 was $12.718 billion compared to a net loss of $1.495 billion in the year ago quarter. Net income for 2009 was $11.366 billion compared to a net loss of $2.451 billion in 2008.

Key Operating Results

All of the following customer and ARPU statistics are presented on a pro forma basis. Charter served approximately 12.7 million revenue generating units (RGUs) as of December 31, 2009. Approximately 57% of Charter’s customers subscribe to a bundle, up from 53% in the fourth quarter of 2008. Charter’s pro forma ARPU for the fourth quarter of 2009 was $117.43, an increase of 8.1% compared to fourth quarter 2008, primarily as a result of higher bundled penetration.

Fourth quarter 2009 customer changes (on a pro forma basis) included the following:

  --  Digital video customers increased by approximately 43,300 and basic
      video customers decreased by approximately 56,900 during the fourth
      quarter. Video ARPU was $62.06 for the fourth quarter of 2009, up 4.7%
      year-over-year.
  --  HSI customers grew by approximately 51,800 during the fourth quarter
      of 2009. HSI ARPU of $41.48 increased approximately 3.0% compared to
      the year-ago quarter, driven by customer upgrades to higher speeds of
      service and increased penetration of home networking service.
  --  Fourth quarter 2009 net gains of telephone customers were
      approximately 60,600. Telephone penetration is now 14.9% of
      approximately 10.7 million telephone homes passed as of December 31,
      2009. Telephone ARPU of $41.73 increased approximately 1.6% compared
      to the year-ago quarter.


As of December 31, 2009, Charter served approximately 5.3 million customers, and the Company’s 12.7 million RGUs were comprised of 4.8 million basic video, 3.2 million digital video, 3.1 million HSI and 1.6 million telephone customers.

Fourth Quarter Results – Pro forma

Fourth quarter revenues of $1.710 billion increased 3.5% compared to the year-ago quarter on a pro forma basis. Adjusted EBITDA for the fourth quarter of 2009 totaled $633 million, an increase of 2.4% compared to the pro forma results for the year-ago period.

Fourth Quarter Results – Actual

Fourth quarter revenues of $1.710 billion increased 3.3% on an actual basis. The increase is the result of HSI, telephone and commercial revenue growth.

HSI revenues were $378 million, up 8.9% year-over-year due to an increased number of customers and ARPU growth. Telephone revenues for the 2009 fourth quarter were $184 million, a 17.9% increase over fourth quarter 2008, driven by a larger telephone customer base and an increase in telephone ARPU. Commercial revenues rose to $116 million, a 12.6% increase year-over-year, primarily resulting from increased sales of the Charter Business Bundle® and customer relationship growth. Video revenues were $862 million, essentially flat with the year-ago quarter, as digital and advanced services revenue growth were offset by a decline in basic video customers. Advertising sales revenues of $69 million for the fourth quarter of 2009, which showed a 7.8% improvement compared to the third quarter of 2009, declined 18.8% year-over-year, primarily as a result of significant decreases in revenues from the political, automotive and retail sectors.

Operating costs and expenses totaled $1.077 billion for the fourth quarter of 2009, a 4.0% increase compared to the year-ago period. Operating expenses for the 2009 fourth quarter, which include programming, service and advertising sales costs, were $731 million, a 4.0% increase year-over-year, primarily as a result of increased programming costs. Selling, general and administrative expenses were $346 million, an increase of 3.9% compared to the year-ago quarter.

Adjusted EBITDA for the fourth quarter of 2009 rose to $633 million, up 2.1% compared to the fourth quarter of 2008.

Charter reported $977 million of income from operations in the fourth quarter of 2009, compared to a net loss from operations of $1.257 billion in the fourth quarter of 2008. Driving the change are differences in non-cash franchise impairment charges. In the fourth quarter of 2008 Charter recorded a $1.521 billion non-cash franchise impairment charge. In the fourth quarter of 2009, we finalized the franchise impairment analysis initiated in the third quarter and recorded a $691 million reduction of the previously recorded non-cash franchise impairment charge.

Expenditures for property, plant and equipment for the fourth quarter of 2009 were $315 million, compared to fourth quarter 2008 expenditures of $264 million. The increase in capital expenditures was driven primarily by an increase in customer premise equipment related to higher customer demand for high definition and digital video recorder converters and an increase in support capital due to hardware, software and vehicle purchases.

Net cash flows used in operating activities for the fourth quarter of 2009 were $414 million, compared to $11 million in the fourth quarter of 2008. The increase in net cash flows used in operating activities was primarily due to cash paid associated with implementing the Plan.

Year to Date Results – Pro forma

Pro forma revenues for the year ended December 31, 2009 were $6.754 billion, an increase of 4.5%, or $293 million, over pro forma 2008 results.

Pro forma adjusted EBITDA for 2009 totaled $2.493 billion, an increase of 7.8% compared to the pro forma results for the year-ago period. The pro forma adjusted EBITDA margin increased 110 basis points for the year to 36.9%, up from 35.8% in the year-ago period on a pro forma basis.

Year to Date Results – Actual

Revenues of $6.755 billion for the year ended December 31, 2009 increased 4.3% compared to the year-ago period. The increase resulted from telephone, HSI and commercial revenue growth.

Telephone revenues for 2009 were $713 million, a 28.5% increase over 2008, driven by a larger telephone customer base and an increase in telephone ARPU. HSI revenues were $1.476 billion, up 8.8% year-over-year. Commercial revenues rose to $446 million, a 13.8% increase year-over-year. Video revenues were $3.468 billion, essentially flat with the same period in 2008. Advertising sales revenues declined 19.2% year-over-year to $249 million for 2009.

Operating costs and expenses totaled $4.262 billion for 2009, a 2.5% increase compared to the year-ago period. Operating expenses for the year, which include programming, service and advertising sales costs, were $2.895 billion, a 3.7% increase year-over-year. Selling, general and administrative expenses were $1.367 billion, essentially flat with the prior year.

Adjusted EBITDA for the year ended December 31, 2009 rose to $2.493 billion, up 7.5% compared to the prior year.

Charter reported a $979 million of loss from operations in 2009, compared to a $614 million loss in 2008. The increase in loss from operations is primarily due to the $2.163 billion non-cash franchise impairment charge recorded in 2009 compared to $1.521 billion in 2008, partially offset by the increase in adjusted EBITDA and change in other operating income.

Expenditures for property, plant and equipment for 2009 were $1.134 billion, compared to 2008 expenditures of $1.202 billion. The decrease in capital expenditures is primarily the result of lower spending on scalable infrastructure related to HSI and headend upgrades during 2009 compared to 2008. During 2010, we expect capital expenditures to be approximately $1.2 billion.

Net cash flows from operating activities for 2009 were $594 million, compared to $399 million in 2008. The increase in net cash flows from operating activities is primarily due to a decrease in cash paid for interest and increase in adjusted EBITDA, offset by reorganization items.

Debt and Equity Update

Upon completion of the Plan, Charter eliminated $8 billion of debt and reduced annual interest expense by more than $830 million. As of December 31, 2009, Charter had approximately $13.509 billion principal amount of debt and $754 million in cash and cash equivalents.

The Company has applied to NASDAQ to list its Class A common stock. The Company believes it will be in a position to complete the listing of its shares of Class A common stock on NASDAQ upon filling the vacancy on its board of directors and audit committee.

Conference Call

The Company will host a conference call on Tuesday, March 2, 2010 at 9:00 a.m. Eastern Time (ET) related to the contents of this release.

The conference call will be webcast live via the Company’s website at www.charter.com. The webcast can be accessed by selecting "Investor & News Center" from the lower menu on the home page. The call will be archived in the "Investor & News Center" in the "Financial Information" section on the left beginning two hours after completion of the call. Participants should go to the call link no later than 10 minutes prior to the start time to register.

Those participating via telephone should dial 866-726-7983 no later than 10 minutes prior to the call. International participants should dial 706-758-7055. The conference ID code for the call is 59952615.

A replay of the call will be available at 800-642-1687 or 706-645-9291 beginning two hours after the completion of the call through the end of business on March 16, 2010. The conference ID code for the replay is 59952615.

Additional Information Available on Website

A slide presentation to accompany the conference call will be available on the "Investor & News Center" of our website at www.charter.com in the "Financial Information" section. A trending schedule containing historical customer and financial data can also be found in the "Financial Information" section.

Use of Non-GAAP Financial Metrics

The Company uses certain measures that are not defined by Generally Accepted Accounting Principles ("GAAP") to evaluate various aspects of its business. Adjusted EBITDA, pro forma adjusted EBITDA, adjusted EBITDA less capital expenditures and free cash flow are non-GAAP financial measures and should be considered in addition to, not as a substitute for, net income (loss) or cash flows from operating activities reported in accordance with GAAP. These terms, as defined by Charter, may not be comparable to similarly titled measures used by other companies. Adjusted EBITDA is reconciled to consolidated net income (loss) and free cash flow is reconciled to cash flows from operating activities in the addendum of this new release.

Adjusted EBITDA is defined as consolidated net income (loss) plus interest expense, income taxes, depreciation and amortization, impairment of franchises, asset impairment charges, stock compensation expense and other operating expenses, such as special charges and loss on sale or retirement of assets. As such, it eliminates the significant non-cash depreciation and amortization expense that results from the capital-intensive nature of the Company’s businesses as well as other non-cash or non-recurring items, and is unaffected by the Company’s capital structure or investment activities. Adjusted EBITDA less capital expenditures is defined as Adjusted EBITDA minus purchases of property, plant and equipment. Adjusted EBITDA, pro forma adjusted EBITDA and adjusted EBITDA less capital expenditures are used by management and the Company’s board of directors to evaluate the performance of the Company’s business. For this reason, they are significant components of Charter’s annual incentive compensation program. However, these measures are limited in that they do not reflect the periodic costs of certain capitalized tangible and intangible assets used in generating revenues and the cash cost of financing. Management evaluates these costs through other financial measures.

Free cash flow is defined as net cash flows from operating activities, less purchases of property, plant and equipment and changes in accrued expenses related to capital expenditures.

The Company believes that adjusted EBITDA, pro forma adjusted EBITDA, adjusted EBITDA less capital expenditures and free cash flow provide information useful to investors in assessing Charter’s performance and its ability to service its debt, fund operations and make additional investments with internally generated funds. In addition, adjusted EBITDA generally correlates to the leverage ratio calculation under the Company’s credit facilities or outstanding notes to determine compliance with the covenants contained in the facilities and notes (all such documents have been previously filed with the United States Securities and Exchange Commission). Adjusted EBITDA and pro forma adjusted EBITDA, as presented, include management fee expenses in the amount of $36 million and $32 million for the three months ended December 31, 2009 and 2008, respectively, which expense amounts are excluded for the purposes of calculating compliance with leverage covenants.

In addition to the actual results for the three and twelve months ended December 31, 2009 and 2008, we have provided pro forma results in this release for the three months ended December 31, 2008 and years ended December 31, 2009 and 2008. We believe these pro forma results facilitate meaningful analysis of the results of operations. Pro forma results in this release reflect certain sales and acquisitions of cable systems in 2008 and 2009 as if they occurred as of January 1, 2008. Pro forma statements of operations for the three months ended December 31, 2008 and years ended December 31, 2009 and 2008 and pro forma customer statistics as of September 30, 2009 and December 31, 2008 are provided in the addendum of this news release.

About Charter

Charter Communications, Inc. (CCMM – OTC Bulletin Board) is a leading broadband communications company and the fourth-largest cable operator in the United States. Charter provides a full range of advanced broadband services, including advanced Charter TV™ video entertainment programming, Charter Internet™ access, and Charter Phone™. Charter Business® similarly provides scalable, tailored, and cost-effective broadband communications solutions to business organizations, such as business-to-business Internet access, data networking, video and music entertainment services, and business telephone. Charter’s advertising sales and production services are sold under the Charter Media® brand. More information about Charter can be found at www.charter.com.

(1) Pro forma results are described below in the "Use of Non-GAAP Financial Metrics" section and are provided in the addendum of this news release.

(2) Adjusted EBITDA is defined in the "Use of Non-GAAP Financial Metrics" section and is reconciled to consolidated net income (loss) in the addendum of this news release.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), regarding, among other things, our plans, strategies and prospects, both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions, including, without limitation, the factors described under "Risk Factors" from time to time in our filings with the Securities and Exchange Commission ("SEC"). Many of the forward-looking statements contained in this release may be identified by the use of forward-looking words such as "believe," "expect," "anticipate," "should," "planned," "will," "may," "intend," "estimated," "aim," "on track," "target," "opportunity" and "potential," among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this release are set forth in other reports or documents that we file from time to time with the SEC, and include, but are not limited to:

  --  our ability to sustain and grow revenues and cash flows from operating
      activities by offering video, high-speed Internet, telephone and other
      services to residential and commercial customers, and to maintain and
      grow our customer base, particularly in the face of increasingly
      aggressive competition and the difficult economic conditions in the
      United States;
  --  the impact of competition from other distributors, including but not
      limited to incumbent telephone companies, direct broadcast satellite
      operators, wireless broadband providers, and digital subscriber line
      ("DSL") providers and competition from video provided over the
      Internet;
  --  general business conditions, economic uncertainty or downturn and the
      significant downturn in the housing sector and overall economy;
  --  our ability to obtain programming at reasonable prices or to raise
      prices to offset, in whole or in part, the effects of higher
      programming costs (including retransmission consents);
  --  our ability to adequately deliver customer service;
  --  the effects of governmental regulation on our business;
  --  the availability and access, in general, of funds to meet our debt
      obligations, prior to or when they become due, and to fund our
      operations and necessary capital expenditures, either through (i) cash
      on hand, (ii) cash flows from operating activities, (iii) access to
      the capital or credit markets including through new issuances,
      exchange offers or otherwise, especially given recent volatility and
      disruption in the capital and credit markets, or (iv) other sources
      and our ability to fund debt obligations (by dividend, investment or
      otherwise) to the applicable obligor of such debt; and
  --  our ability to comply with all covenants in our indentures and credit
      facilities, any violation of which, if not cured in a timely manner,
      could trigger a default of our other obligations under cross-default
      provisions.

All forward-looking statements attributable to us or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. We are under no duty or obligation to update any of the forward-looking statements after the date of this release.

                  CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES             
       UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND OPERATING DATA   
             (DOLLARS IN MILLIONS, EXCEPT PER SHARE AND SHARE DATA)         
                                                                            
                              Actual Three Months 
                             Ended December 31, 2009   
                        --------------------------------                    
                                                       Predecessor  
                   Successor   Predecessor   Combined  Actual Three     
                  December 1   October 1     October 1     Months       
                     through     through      through      Ended         % 
                  December 31, November 30, December 31, December 31, Change
                      2009        2009         2009         2008

  REVENUES:                                                               
    Video                $288        $574       $862         $864      -0.2%
    High-speed                                                           
    Internet              127         251        378          347       8.9%
    Telephone              61         123        184          156      17.9%
    Commercial             39          77        116          103      12.6%
    Advertising                                                           
     sales                 22          47         69           85     -18.8%
    Other                  35          66        101          101       0.0%
                          ---         ---        ---          ---        
      Total                                                               
       revenues           572       1,138      1,710        1,656       3.3%
                          ---       -----      -----        -----        
                                                                          
  COSTS AND EXPENSES:                                                     
    Operating                                                             
     (excluding                                                           
     depreciation and                                                     
     amortization) (a)    244         487        731          703       4.0%
    Selling, general 
     and administrative                                     
     (excluding stock                                                     
     compensation                                                         
     expense) (b)         117         229        346          333       3.9%
                          ---         ---        ---          ---        
      Operating costs                                                     
       and expenses       361         716      1,077        1,036       4.0%
                          ---         ---      -----        -----        
                                                                          
      Adjusted                                                            
       EBITDA             211         422        633          620       2.1%
                          ---         ---        ---          ---         
                                                                          
      Adjusted EBITDA                                                     
       margin            36.9%       37.1%      37.0%        37.4%       
                         ----        ----       ----         ----        
                                                                          
    Depreciation and                                                      
     amortization         122         217        339          329        
    Impairment of                                                         
     franchises             -        (691)      (691)       1,521        
    Stock compensation                                                    
     expense                1           3          4            9        
    Other operating                                                      
     expenses, net          4           -          4           18        
                           ---        ---        ---          ---        
                                                                          
      Income (loss) from                                                  
       operations          84         893        977       (1,257)       
                          ---         ---        ---       ------        
                                                                            
  OTHER INCOME (EXPENSES):                                                  
    Interest expense, 
     net (excluding 
     unrecorded 
     contractual 
     interest expense 
     of $137 for the 
     two months ended  
     November 30, 2009)   (68)       (135)      (203)        (486)       
    Change in value of                                                    
     derivatives            -           -          -          (28)       
    Gain due to                                                           
     effects of Plan        -       6,818      6,818            -        
    Gain due to fresh                                                      
     start accounting                                                     
     adjustments            -       5,659      5,659            -        
    Reorganization                                                        
     items, net            (3)       (121)      (124)           -        
    Other income                                                          
     (expense), net        (3)          1         (2)          (2)       
                          ---         ---         --           --        
                          (74)     12,222     12,148         (516)       
                          ---      ------     ------         ----        
                                                                          
  Income (loss)                                                           
   before income                                                          
   taxes                   10      13,115     13,125       (1,773)       
                                                                          
  Income tax benefit                                                      
   (expense)               (8)        (93)      (101)         277        
                          ---         ---       ----          ---        
                                                                          
  Consolidated net                                                        
   income (loss)            2      13,022     13,024       (1,496)       
                                                                          
  Less:  Net                                                              
   (income) loss -                                                        
   noncontrolling                                                         
   interest                 -        (306)      (306)           1        
                          ---        ----       ----          ---        
                                                                          
  Net income (loss) -                                                     
    Charter                                                               
   shareholders         $   2     $12,716    $12,718      $(1,495)       
                          ===     =======    =======      =======        
                                                                           
  Earnings (loss) 
   per 
   common share - 
   Charter 
   shareholders:                 
    Basic               $0.02      $33.55                  $(3.96)       
                         ====      ======                  ======        
                                                                         
    Diluted             $0.02      $14.09                  $(3.96)       
                         ====      ======                  ======        
                                                                      
  Weighted average                                                    
   common shares                                                      
   outstanding,                                                       
   basic          112,078,089  379,080,041             377,920,301 
                  ===========  ===========             =========== 
                                                                      
  Weighted                                                            
   average                                                            
   common                                                             
   shares                                                             
   outstanding,                                                       
   diluted        114,346,861  902,362,926             377,920,301 
                  ===========  ===========             =========== 
                                                                       

  (a) Operating expenses include programming, service, and advertising 
      sales expenses. 

  (b) Selling, general and administrative expenses include general and 
      administrative and marketing expenses. 

  Adjusted EBITDA is a non-GAAP term.  See page 10 of this addendum for 
  the reconciliation of adjusted EBITDA to consolidated net income (loss) 
  as defined by GAAP. 



                        CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES    
         UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND OPERATING DATA 
                    (DOLLARS IN MILLIONS, EXCEPT PER SHARE AND SHARE DATA) 

                      Actual Year Ended December 31, 2009  
                      -----------------------------------   
                      Successor   Predecessor    Combined   Predecessor   
                     December 1     January 1   January 1     Actual       
                       through      through      through    Year Ended  
                     December 31, November 30, December 31, December 31, %  
                        2009           2009        2009       2008    Change

  REVENUES: 
    Video                $288         $3,180      $3,468     $3,463     0.1%
    High-speed 
     Internet             127          1,349       1,476      1,356     8.8%
    Telephone              61            652         713        555    28.5%
    Commercial             39            407         446        392    13.8%
    Advertising     
     sales                 22            227         249        308   -19.2%
    Other                  35            368         403        405    -0.5%
                          ---            ---         ---        ---         
      Total                
       revenues           572          6,183       6,755      6,479     4.3%
                          ---          -----       -----      -----          

  COSTS AND EXPENSES:     
    Operating             
     (excluding           
     depreciation and     
     amortization) (a)    244          2,651       2,895      2,792     3.7%
    Selling, general      
     and administrative   
     (excluding stock     
     compensation         
     expense) (b)         117          1,250       1,367      1,368    -0.1%
                          ---          -----       -----      -----        
      Operating costs     
       and expenses       361          3,901       4,262      4,160     2.5%
                          ---          -----       -----      -----         
                          
      Adjusted            
       EBITDA             211          2,282       2,493      2,319     7.5%
                          ---          -----       -----      -----         
      Adjusted 
       EBITDA   
       margin            36.9%          36.9%       36.9%      35.8%        
                         ----           ----        ----       ----         
    Depreciation and      
     amortization         122          1,194       1,316      1,310     
    Impairment of         
     franchises             -          2,163       2,163      1,521     
    Stock compensation    
     expense                1             26          27         33     
    Other operating                              
     (income) expenses,                          
     net                    4            (38)        (34)        69     
                          ---            ---         ---        ---     
      Income (loss) from 
       operations          84         (1,063)       (979)      (614)    
                          ---         ------        ----       ----     

  OTHER INCOME (EXPENSES): 
    Interest expense, 
     net (excluding 
     unrecorded 
     contractual 
     interest expense 
     of $558 for the 
     eleven months 
     ended 
     November 30,   
     2009)                (68)        (1,020)     (1,088)    (1,905)    
    Change in value 
     of derivatives         -             (4)         (4)       (29)    
    Gain due to                                                 
     effects of Plan        -          6,818       6,818          -     
    Gain due to fresh                                           
     start accounting                                           
     adjustments            -          5,659       5,659          -      
    Reorganization                                              
     items, net            (3)          (644)       (647)         -      
    Other income                                                
     (expense), net        (3)             2          (1)        (2)     
                          ---            ---         ---        ---      
                          (74)        10,811      10,737     (1,936)     
                          ---         ------      ------     ------      

  Income (loss)                                             
   before income                                            
   taxes                   10          9,748       9,758     (2,550)     

  Income tax benefit  
   (expense)               (8)           351         343        103      
                          ---            ---         ---        ---      

  Consolidated net                                          
   income (loss)            2         10,099      10,101     (2,447)     

  Less:  Net                                                
   (income) loss -                                          
   noncontrolling                                           
   interest                 -          1,265       1,265         (4)     
                          ---          -----       -----        ---      

  Net income (loss) - 
    Charter      
   shareholders            $2        $11,364     $11,366    $(2,451)      
                          ===        =======     =======    =======       

  Earnings (loss) 
   per common share - 
   Charter shareholders:                                 
    Basic               $0.02         $30.00                 $(6.56)      
                        =====         ======                 ======       

    Diluted             $0.02         $12.61                 $(6.56)      
                        =====         ======                 ======       

  Weighted average                                          
   common shares                                            
   outstanding,                                             
   basic          112,078,089    378,784,231            373,464,920       
                  ===========    ===========            ===========       
                                                     
  Weighted average                                   
   common shares                                     
   outstanding,                                      
   diluted        114,346,861    902,067,116            373,464,920       
                  ===========    ===========            ===========       


  (a) Operating expenses include programming, service, and advertising 
      sales expenses. 

  (b) Selling, general and administrative expenses include general and 
      administrative and marketing expenses. 

  Adjusted EBITDA is a non-GAAP term.  See page 10 of this addendum for 
  the reconciliation of adjusted EBITDA to consolidated net income (loss) 
  as defined by GAAP. 



                      CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES 
          UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND OPERATING DATA
                    (DOLLARS IN MILLIONS, EXCEPT PER SHARE AND SHARE DATA) 

                Actual Three Months Ended December 31, 2009   
               -------------------------------------------   
                                                         Predecessor
                   Successor    Predecessor   Combined    Pro Forma      
                   December 1    October 1    October 1  Three Months       
                     through      through      through      Ended       
                   December 31, November 30, December 31, December 31, %
                       2009          2009       2009        2008     Change

  REVENUES:             
    Video               $288         $574       $862        $861     0.1%
    High-speed                                        
     Internet            127          251        378         346     9.2%
    Telephone             61          123        184         156    17.9%
    Commercial            39           77        116         103    12.6%
    Advertising                                        
     sales                22           47         69          85   -18.8%
    Other                 35           66        101         101     0.0%
                         ---          ---        ---         --- 
      Total                                           
       revenues          572        1,138      1,710       1,652     3.5%
                         ---        -----      -----       -----           

  COSTS AND EXPENSES:                                              
    Operating                                                      
     (excluding                                                    
     depreciation and                                              
     amortization) (a)   244          487        731         701     4.3%
    Selling, general                        
     and administrative                     
     (excluding                             
     stock                                  
     compensation                           
     expense) (b)        117          229        346         333     3.9%
                         ---          ---        ---         ---           
      Operating costs                                   
       and expenses      361          716      1,077       1,034     4.2%
                         ---          ---      -----      -----           
      Adjusted                                          
       EBITDA            211          422        633         618     2.4%
                         ---          ---        ---         ---           
      Adjusted 
       EBITDA   
       margin           36.9%        37.1%      37.0%       37.4%          
                        ----         ----       ----        ----           
    Depreciation and                                   
     amortization        122          217        339         328           
    Impairment of                                      
     franchises            -         (691)      (691)      1,521           
     Stock compensation 
      expense              1            3          4           9           
     Other operating  
      expenses, net        4            -          4          15 
                         ---          ---        ---         --- 
      Income (loss) 
       from operations    84          893        977      (1,255) 
                         ---          ---        ---      ------ 

  OTHER INCOME (EXPENSES):                             
    Interest expense, 
     net (excluding 
     unrecorded 
     contractual 
     interest expense 
     of $137 for the 
     two months ended 
     November 30,                                      
     2009)               (68)        (135)      (203)       (486) 
    Change in value 
     of derivatives        -            -          -         (28) 
    Gain due to    
     effects of 
     Plan                  -        6,818      6,818           - 
    Gain due to fresh                                       
     start accounting                                       
     adjustments           -        5,659      5,659           - 
    Reorganization                                              
     items, net           (3)        (121)      (124)          - 
    Other income                                                  
     (expense), net       (3)           1         (2)         (2)
                         ---          ---        ---         --- 
                         (74)      12,222     12,148        (516) 
                         ---       ------     ------        ---- 

  Income (loss)                                           
   before income                                          
   taxes                  10       13,115     13,125      (1,771) 
                                                                      
  Income tax benefit                                                  
   (expense)              (8)         (93)      (101)        277 
                         ---          ---       ----         --- 
  Consolidated net                                                    
   income (loss)           2       13,022     13,024      (1,494) 
  Less:  Net       
   (income) loss - 
   noncontrolling  
   interest                -         (306)      (306)          1 
                         ---         ----       ----         --- 
  Net income (loss) -                                                 
    Charter                                                           
   shareholders           $2      $12,716    $12,718     $(1,493) 
                         ===      =======    =======     ======= 
                                                     
  Earnings (loss) 
   per common 
   share - Charter 
   shareholders:   
    Basic              $0.02       $33.55                 $(3.95) 
                       =====       ======                 ======  
    Diluted            $0.02       $14.09                 $(3.95) 
                       =====       ======                 ======  

  Weighted average      
   common shares        
   outstanding,         
   basic         112,078,089  379,080,041             377,920,301 
                 ===========  ===========             =========== 

  Weighted average                           
   common shares                             
   outstanding,                              
   diluted       114,346,861  902,362,926             377,920,301 
                 ===========  ===========             =========== 


  (a) Pro forma results reflect certain sales of cable systems in 2008 and 
      2009 as if they occurred as of January 1, 2008. The pro forma 
      statements of operations do not include adjustments for financing 
      transactions completed by Charter during the periods presented or 
      certain other dispositions or acquisitions of assets because those 
      transactions did not significantly impact Charter's adjusted EBITDA.  
      However, all transactions completed in 2008 and 2009 have been 
      reflected in the operating statistics.  The pro forma data is based on
      information available to Charter as of the date of this document and 
      certain assumptions that we believe are reasonable under the 
      circumstances. The financial data required allocation of certain 
      revenues and expenses and such information has been presented for 
      comparative purposes and is not intended to provide any indication of 
      what our actual financial position, or results of operations would 
      have been had the transactions described above been completed on the 
      dates indicated or 

  (b) Operating expenses include programming, service, and advertising 
      sales expenses. 

  (c) Selling, general and administrative expenses include general and 
      administrative and marketing expenses. 

  December 31, 2008. Pro forma revenues, operating costs and expenses and 
  net loss were reduced by $4 million, $2 million and $2 million, 
  respectively, for the three months ended December 31, 2008.   

  Adjusted EBITDA is a non-GAAP term.  See page 10 of this addendum for 
  the reconciliation of adjusted EBITDA to consolidated net income (loss) 
  as defined by GAAP. 



                  CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES  
          UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS AND OPERATING DATA
               (DOLLARS IN MILLIONS, EXCEPT PER SHARE AND SHARE DATA)   

                   Pro Forma Year Ended December 31, 2009   
                   --------------------------------------   
                     Successor    Predecessor  Combined     Predecessor  
                     December 1    January 1   January 1    Pro Forma 
                      through       through     through     Year Ended      
                     December 31, November 30, December 31, December 31, %  
                        2009         2009       2009           2008   Change

  REVENUES:    
    Video                $288       $3,179     $3,467         $3,451    0.5%
    High-speed 
     Internet             127        1,349      1,476          1,354    9.0%
    Telephone              61          652        713            555   28.5%
    Commercial             39          407        446            391   14.1%
    Advertising 
     sales                 22          227        249            306  -18.6%
    Other                  35          368        403            404   -0.2%
                          ---          ---        ---            ---        
      Total                                                                 
       revenues           572        6,182      6,754          6,461    4.5%
                          ---        -----      -----          -----        
               
  COSTS AND EXPENSES:       
    Operating               
     (excluding             
     depreciation and       
     amortization) (a)    244        2,650      2,894          2,784    4.0%
    Selling, general        
     and administrative     
     (excluding             
     stock                  
     compensation           
     expense) (b)         117        1,250      1,367          1,364    0.2%
                          ---        -----      -----          -----        
      Operating costs                                         
       and expenses       361        3,900      4,261          4,148    2.7%
                          ---        -----      -----          -----        
                                 
      Adjusted                   
       EBITDA             211        2,282      2,493          2,313    7.8%
                          ---        -----      -----          -----        
                                    
      Adjusted EBITDA               
       margin            36.9%        36.9%      36.9%          35.8%       
                         ----         ----       ----           ----        
                                    
    Depreciation and                
     amortization         122        1,194      1,316          1,306        
    Impairment of                   
     franchises             -        2,163      2,163          1,521        
    Stock compensation              
     expense                1           26         27             33        
    Other operating                 
     (income) expenses,             
     net                    4          (40)       (36)            65        
                          ---          ---        ---             --        
                                    
       Income (loss) from           
        operations         84       (1,061)      (977)          (612)       
                          ---       ------       ----           ----        

  OTHER INCOME (EXPENSES):        
    Interest expense, 
     net (excluding 
     unrecorded 
     contractual interest 
     expense of $558              
     for the eleven               
     months ended                 
     November 30,                 
     2009)                (68)      (1,020)    (1,088)        (1,905)       
    Change in value of               
     derivatives            -           (4)        (4)           (29)       
    Gain due to                      
     effects of Plan        -        6,818      6,818              -        
    Gain due to fresh                
     start accounting                
     adjustments            -        5,659      5,659              -        
    Reorganization                   
     items, net            (3)        (644)      (647)             -        
    Other income                     
     (expense), net        (3)           2         (1)            (2)       
                          ---          ---        ---            ---        
                          (74)      10,811     10,737         (1,936)       
                          ---       ------     ------         ------        
                                  
  Income (loss)                   
   before income                  
   taxes                   10        9,750      9,760         (2,548)       
                                  
  Income tax benefit              
   (expense)               (8)         351        343            103        
                          ---          ---        ---            ---        
                                  
  Consolidated net                
   income (loss)            2       10,101     10,103         (2,445)       
                                     
  Less:  Net                         
   (income) loss -                   
   noncontrolling                    
   interest                 -        1,265      1,265             (4)       
                          ---        -----      -----            ---        
                                            
  Net income (loss) -                       
    Charter                                 
   shareholders            $2      $11,366    $11,368        $(2,449)       
                          ===      =======    =======        =======        

  Earnings (loss) per 
   common share - 
   Charter 
   shareholders: 
    Basic               $0.02       $30.00                    $(6.55)       
                        =====       ======                    ======        
    Diluted             $0.02       $12.61                    $(6.55)       
                        =====       ======                    ======        

  Weighted average  
   common shares    
   outstanding,     
   basic          112,078,089  378,784,231               373,464,920        
                  ===========  ===========               ===========        
                                                                          
  Weighted average                                                         
   common shares                                                           
   outstanding,                                              
   diluted        114,346,861  902,067,116               373,464,920        
                  ===========  ===========               ===========        
                                                           

  (a) Pro forma results reflect certain sales of cable systems in 2008 and 
      2009 as if they occurred as of January 1, 2008. The pro forma 
      statements of operations do not include adjustments for financing 
      transactions completed by Charter during the periods presented or 
      certain other dispositions or acquisitions of assets because those 
      transactions did not significantly impact Charter's adjusted EBITDA.  
      However, all transactions completed in 2008 and 2009 have been 
      reflected in the operating statistics.  The pro forma data is based on
      information available to Charter as of the date of this document and 
      certain assumptions that we believe are reasonable under the 
      circumstances. The financial data required allocation of certain 
      revenues and expenses and such information has been presented for 
      comparative purposes and is not intended to provide any indication of 
      what our actual financial position, or results of operations would 
      have been had the transactions described above been completed on the 
      dates indicated or 

  (b) Operating expenses include programming, service, and advertising 
      sales expenses. 

  (c) Selling, general and administrative expenses include general and 
      administrative and marketing expenses. 

  December 31, 2009.  Pro forma revenues and operating costs and expenses 
  were reduced by $1 million and $1 million, respectively, for the year 
  ended December 31, 2009.  Pro forma net income increased by $2 million 
  for the year ended December 31, 2009. 

  December 31, 2008. Pro forma revenues, operating costs and expenses and 
  net loss were reduced by $18 million, $12 million and $2 million, 
  respectively, for the year ended December 31, 2008.   

  Adjusted EBITDA is a non-GAAP term.  See page 10 of this addendum for 
  the reconciliation of adjusted EBITDA to consolidated net income (loss) 
  as defined by GAAP. 



               CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES            
                   UNAUDITED CONSOLIDATED BALANCE SHEETS                
                           (DOLLARS IN MILLIONS)                        

                                                 Successor   Predecessor 
                                                December 31, December 31,
                                                    2009         2008 
                                                    ----         ---- 

                     ASSETS                                             
                                                                        
  CURRENT ASSETS:                                                       
     Cash and cash equivalents                        $709         $960 
     Restricted cash and cash equivalents               45            - 
     Accounts receivable, net of allowance for                          
      doubtful accounts                                248          222 
     Prepaid expenses and other current                                 
      assets                                            69           36 
                                                        --           -- 
           Total current assets                      1,071        1,218 
                                                     -----        ----- 
                                                                        
  INVESTMENT IN CABLE PROPERTIES:                                       
     Property, plant and equipment, net              6,833        4,987 
     Franchises, net                                 5,272        7,384 
     Customer relationships, net                     2,335            9 
     Goodwill                                          951           68 
                                                       ---           -- 
           Total investment in cable properties,                        
            net                                     15,391       12,448 
                                                    ------       ------ 
                                                                        
  OTHER NONCURRENT ASSETS                              196          216 
                                                       ---          --- 
                                                                        
          Total assets                             $16,658      $13,882 
                                                   =======      ======= 
                                                                        
              LIABILITIES AND SHAREHOLDERS' EQUITY (DEFICIT)            
                                                                        
  CURRENT LIABILITIES:                                                  
     Accounts payable and accrued expenses            $898       $1,310 
     Current portion of long-term debt                  70          155 
                                                        --          --- 
           Total current liabilities                   968        1,465 
                                                       ---        ----- 
                                                                        
  LONG-TERM DEBT                                    13,252       21,511 
                                                                        
  NOTE PAYABLE - RELATED PARTY                           -           75 
                                                                        
  DEFERRED MANAGEMENT FEES - RELATED PARTY               -           14 
                                                                        
  OTHER LONG-TERM LIABILITIES                          520        1,082 
                                                                        
  TEMPORARY EQUITY                                       1          241 
                                                                        
  SHAREHOLDERS' EQUITY (DEFICIT):                                       
     Charter shareholders' equity (deficit)          1,915      (10,506)
     Noncontrolling interest                             2            - 
                                                       ---          --- 
       Total shareholders' equity (deficit)          1,917      (10,506)
                                                     -----      ------- 
                                                                        
            Total liabilities and shareholders' 
             equity (deficit)                      $16,658      $13,882 
                                                   =======      ======= 



                    CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES          
                   UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS         
                                (DOLLARS IN MILLIONS)                      
                                                                           
                       Three Months Ended December 31, 2009           
                      --------------------------------------               
                      Successor     Predecessor     Combined    Predecessor 
                      December 1     October 1      October 1   Three Months
                        through       through        through       Ended    
                      December 31,  November 30,   December 31, December 31,
                          2009          2009           2009          2008   

  CASH FLOWS FROM 
   OPERATING ACTIVITIES:                                            
    Net income (loss) -                                             
     Charter                                                       
     shareholders           $2        $12,716        $12,718        $(1,495)
    Adjustments to 
     reconcile net 
     income (loss) to 
     net cash flows 
     from operating 
     activities:                                           -                
      Depreciation and                                      
       amortization        122            217            339            329 
      Impairment of                                         
       franchises            -           (691)          (691)         1,521 
      Noncash interest                                      
       expense               5              7             12             16 
      Change in value of                                    
       derivatives           -              -              -             28 
      Gain due to effects                                   
       of Plan               -         (6,818)        (6,818)             - 
      Gain due to fresh                                     
       start accounting                                     
       adjustments           -         (5,659)        (5,659)             - 
      Noncash                                               
       reorganization                                       
       items, net            -             15             15              - 
      Deferred income                                              
       taxes                 7             93            100           (276)
      Noncontrolling                                               
       interest              -            306            306             (1)
        Other, net           3              3              6             11 
    Changes in operating 
     assets and liabilities, 
     net of effects from 
     dispositions                                          -                
      Accounts                                                        
       receivable           26            (63)           (37)            24 
      Prepaid expenses and                                            
       other assets          2              1              3              8 
      Accounts payable,                                               
       accrued expenses and  
       other                16           (699)          (683)          (176)
      Payment of deferred 
       management fees -  
       related party         -            (25)           (25)             - 
                           ---            ---            ---            --- 
        Net cash flows from 
         operating         
         activities        183           (597)          (414)           (11)
                           ---           ----           ----            --- 

  CASH FLOWS FROM 
   INVESTING ACTIVITIES:                       
    Purchases of                                             
     property, plant and                                       
     equipment            (108)          (207)          (315)          (264)
    Change in accrued       
     expenses related to    
     capital                
     expenditures            -              8              8              2 
    Purchase of CC VIII,                                         
     LLC interest            -           (150)          (150)             - 
    Other, net              (3)            (3)            (6)            32 
                           ---            ---            ---            --- 
        Net cash flows 
         from  
         investing                                               
         activities       (111)          (352)          (463)          (230)
                          ----           ----           ----           ---- 

  CASH FLOWS FROM 
   FINANCING ACTIVITIES:                                            
    Borrowings of long-                                          
     term debt               -          1,614          1,614            750 
    Repayments of long-                                          
     term debt             (17)        (1,002)        (1,019)          (116)
    Payments for debt                                            
     issuance costs          -            (39)           (39)             - 
    Other, net               -              -              -             (2)
                           ---            ---            ---            --- 
        Net cash flows 
         from   
         financing           
         activities        (17)           573            556            632 
                           ---            ---            ---            --- 

  NET INCREASE                                                   
   (DECREASE) IN CASH                                            
   AND CASH EQUIVALENTS     55           (376)          (321)           391 
  CASH AND CASH                                                  
   EQUIVALENTS,                                                  
   beginning of period     699          1,075          1,075            569 
                           ---          -----          -----          ----- 
  CASH AND CASH                                                  
   EQUIVALENTS, end of                                           
   period                 $754           $699           $754           $960 
                          ====           ====           ====           ==== 
                                                                 
  CASH PAID FOR                                                  
   INTEREST                 $4           $411           $415           $606 
                           ===           ====           ====           ==== 

  NONCASH TRANSACTIONS:                                           
    Liabilities subject                                           
     to compromise                                               
     discharged at                                               
     emergence              $-         $7,829         $7,829             $- 
                           ===         ======         ======            === 



                    CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES    
                   UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS   
                                (DOLLARS IN MILLIONS)                
                                                                     
                                Year Ended December 31, 2009         
                                ----------------------------         
                    Successor     Predecessor     Combined      Predecessor 
                    December 1     January 1      January 1      Actual Year
                      through        through        through         Ended   
                    December 31,   November 30,   December 31,  December 31,
                        2009           2009           2009          2008    

  CASH FLOWS FROM 
   OPERATING ACTIVITIES:                                            
    Net income (loss) -        
     Charter                   
     shareholders          $2        $11,364        $11,366        $(2,451)
    Adjustments to 
     reconcile net income 
     (loss) to net cash 
     flows from operating   
     activities:                                                     
       Depreciation and                                              
        amortization      122          1,194          1,316          1,310 
       Impairment of    
        franchises          -          2,163          2,163          1,521 
       Noncash interest 
        expense             5             42             47             61 
       Change in value of                                            
        derivatives         -              4              4             29 
       Gain due to effects                                           
        of Plan             -         (6,818)        (6,818)             - 
       Gain due to fresh 
        start accounting 
        adjustments         -         (5,659)        (5,659)             - 
       Noncash          
        reorganization  
        items, net          -            170            170              - 
       Deferred income  
        taxes               7           (358)          (351)          (107)
       Noncontrolling   
        interest            -         (1,265)        (1,265)             4 
        Other, net          3             31             34             43 
    Changes in operating 
     assets and liabilities, 
     net of effects 
     from dispositions 
       Accounts         
        receivable         26            (52)           (26)             3 
       Prepaid expenses 
        and other assets    2            (36)           (34)            (1)
       Accounts payable,                                                   
        accrued expenses 
        and other          16           (344)          (328)           (13)
       Payment of deferred                                               
        management fees -                                                
        related party       -            (25)           (25)             - 
                          ---            ---            ---            --- 
         Net cash flows 
          from operating                                             
          activities      183            411            594            399 
                          ---            ---            ---            --- 

  CASH FLOWS FROM 
   INVESTING ACTIVITIES:                                            
    Purchases of              
      property, plant and     
      equipment          (108)        (1,026)        (1,134)        (1,202)
    Change in accrued  
     expenses related to                                             
     capital              
     expenditures           -            (10)           (10)           (39)
    Purchase of CC VIII, 
     LLC interest           -           (150)          (150)             - 
    Other, net             (3)            (7)           (10)            31 
                          ---            ---            ---            --- 
         Net cash flows from         
          investing                  
          activities     (111)        (1,193)        (1,304)        (1,210)
                         ----         ------         ------         ------ 
                       
  CASH FLOWS FROM 
   FINANCING ACTIVITIES: 
    Proceeds from Rights 
     Offering               -          1,614          1,614              - 
    Borrowings of long-                                                     
     term debt              -              -              -          3,105 
    Repayments of long-                                                     
     term debt            (17)        (1,054)        (1,071)        (1,354)
    Payments for debt                                                       
     issuance costs         -            (39)           (39)           (42)
    Other, net              -              -              -            (13)
                          ---            ---            ---            --- 
         Net cash flows 
          from financing  
          activities      (17)           521            504          1,696 
                          ---            ---            ---          ----- 
                        
  NET INCREASE       
   (DECREASE) IN CASH 
   AND CASH EQUIVALENTS    55           (261)          (206)           885 
  CASH AND CASH         
   EQUIVALENTS,         
   beginning of period    699            960            960             75 
                          ---            ---            ---             -- 
  CASH AND CASH            
   EQUIVALENTS, end of     
   period                $754           $699           $754           $960 
                         ====           ====           ====           ==== 
                 
  CASH PAID FOR  
   INTEREST                $4         $1,096         $1,100         $1,847 
                          ===         ======         ======         ====== 
                                   
  NONCASH TRANSACTIONS:            
    Liabilities subject            
     to compromise                 
     discharged at                 
     emergence             $-         $7,829         $7,829             $- 
                          ===         ======         ======            === 



             CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES          
               UNAUDITED SUMMARY OF OPERATING STATISTICS            

                                   Approximate as of               
                                  ------------------              
                          Actual               Pro Forma           
                          ------               ----------          
                       December 31,   September 30,   December 31,  
                          2009 (a)       2009 (a)        2008 (a)   
                          --------       --------        --------   

  Customer Summary:                                                 
  Customer Relationships:                                           
    Residential (non-                                               
     bulk) basic video                                              
     customers (b)         4,562,900       4,617,900      4,767,600 
    Multi-dwelling                                                  
     (bulk) and                                                     
     commercial unit                                                
     customers (c)           261,100         263,000        256,400 
                             -------         -------        ------- 
        Total basic video                                           
         customers         4,824,000       4,880,900      5,024,000 
                                                                    
    Non-video customers                                             
     (b)                     493,100         462,800        408,700 
                             -------         -------        ------- 
        Total customer                                              
         relationships                                              
         (d)               5,317,100       5,343,700      5,432,700 
                           =========       =========      ========= 
                                                                    
    Pro forma average                                               
     monthly revenue per                                            
     basic video                                                    
     customer (e)            $117.43         $115.21        $108.64 
    Pro forma average                                               
     monthly video                                                  
     revenue per basic                                              
     video customer                                                 
     (f)                      $62.06          $61.47         $59.28 
                                                                    
    Residential bundled                                             
     customers (g)         2,889,700       2,858,300      2,748,000 
                                                                    
  Revenue Generating Units:                                         
    Basic video                                                     
     customers (b) (c)     4,824,000       4,880,900      5,024,000 
    Digital video                                                   
     customers (h)         3,218,100       3,174,800      3,132,200 
    Residential high-                                               
     speed Internet                                                 
     customers (i)         3,062,300       3,010,500      2,875,600 
    Telephone customers                                             
     (j)                   1,595,900       1,535,300      1,348,800 
                           ---------       ---------      --------- 
        Total revenue                                               
         generating units                                           
         (k)              12,700,300      12,601,500     12,380,600 
                          ==========      ==========     ========== 
                                                                    
  Total Video Services:                                             
    Estimated homes                                                 
     passed (l)           11,902,200      11,861,600     11,773,300 
    Basic video                                                     
     customers  (b)(c)     4,824,000       4,880,900      5,024,000 
    Estimated                                                       
     penetration of                                                 
     basic homes passed                                             
     (b) (c) (l) (m)            40.5%           41.1%          42.7%
    Pro forma basic                                                 
     video customers                                                
     quarterly net loss                                             
     (b) (c) (n)             (56,900)        (46,500)       (71,800)
                                                                    
    Digital video                                                   
     customers (h)         3,218,100       3,174,800      3,132,200 
    Digital penetration                                             
     of basic video                                                 
     customers (b) (c)                                              
     (h) (o)                    66.7%           65.0%          62.3%
    Digital set-top                                                 
     terminals                                                      
     deployed              4,794,500       4,713,500      4,548,200 
    Pro forma digital                                               
     video customers                                                
     quarterly net gain                                             
     (h) (n)                  43,300          22,700         22,400 
                                                                    
  High-Speed Internet Services:                                     
    Estimated high-                                                 
     speed Internet                                                 
     homes passed (l)     11,360,200      11,308,600     11,174,600 
    Residential high-                                               
     speed Internet                                                 
     customers (i)         3,062,300       3,010,500      2,875,600 
    Estimated                                                       
     penetration of high-                                           
     speed Internet                                                 
     homes passed (i)                                               
     (l) (m)                    27.0%           26.6%          25.7%
    Pro forma average                                               
     monthly high-speed                                             
     Internet revenue                                               
     per high-speed                                                 
     Internet customer                                              
     (f)                      $41.48          $41.58         $40.26 
    Pro forma high-                                                 
     speed Internet                                                 
     customers quarterly                                            
     net gain (i) (n)         51,800          52,400         22,900 
                                                                    
  Telephone Services:                                               
    Estimated telephone                                             
     homes passed (l)     10,723,400      10,619,100     10,434,400 
    Telephone customers                                             
     (j)                   1,595,900       1,535,300      1,348,800 
    Estimated                                                       
     penetration of                                                 
     telephone homes                                                
     passed (i) (l)                                                 
     (m)                        14.9%           14.5%          12.9%
    Pro forma average                                               
     monthly telephone                                              
     revenue per                                                    
     telephone customer                                             
     (f)                      $41.73          $42.76         $41.06 
    Pro forma telephone                                             
     customers quarterly                                            
     net gain (j) (n)         60,600          55,300         75,200 
                                                                    
                                                                    

  Pro forma operating statistics reflect the sales and acquisitions 
  of cable systems in 2008 and 2009 as if such transactions had 
  occurred as of the last day of the respective period for all periods 
  presented.  The pro forma statements of operations do not include 
  adjustments for financing transactions completed by Charter during the 
  periods presented or certain other dispositions or acquisitions of assets 
  because those transactions did not significantly impact Charter's 
  adjusted EBITDA.  However, all transactions completed in 2008 and 2009 
  have been reflected in the operating statistics. 

  At September 30, 2009 actual basic video customers, digital video 
  customers, high-speed Internet customers and telephone customers were 
  4,879,100, 3,174,800, 3,010,100, and 1,535,300, respectively. 

  At December 31, 2008 actual basic video customers, digital video 
  customers, high-speed Internet customers and telephone customers were 
  5,036,400, 3,133,400, 2,875,200, and 1,348,800, respectively. 

  See footnotes to unaudited summary of operating statistics on page 9 of 
  this addendum. 



  (a) Our billing systems calculate the aging of customer accounts based 
      on the monthly billing cycle for each account.  On that basis, at 
      December 31, 2009, September 30, 2009, and December 31, 2008, 
      customers include approximately 25,900, 33,300, and 36,000 persons, 
      respectively, whose accounts were over 60 days past due in payment, 
      approximately 3,500, 5,700, and 5,300 persons, respectively, whose 
      accounts were over 90 days past due in payment and approximately 
      2,200, 2,500, and 2,700 persons, respectively, whose accounts were 
      over 120 days past due in payment.

  (b) "Basic video customers" include all residential customers who receive 
      video services (including those who also purchase high-speed Internet 
      and telephone services) but excludes approximately 493,100, 462,800, 
      and 408,700 customer relationships at December 31, 2009, 
      September 30, 2009, and December 31, 2008, respectively, who receive 
      high-speed Internet service only, telephone service only, or both 
      high-speed Internet service and telephone service and who are only 
      counted as high-speed Internet customers or telephone customers. 

  (c) Included within "basic video customers" are those in commercial and 
      multi-dwelling structures, which are calculated on an equivalent bulk 
      unit ("EBU") basis.  In the second quarter of 2009, we began 
      calculating EBUs by dividing the bulk price charged to accounts in an 
      area by the published rate charged to non-bulk residential customers 
      in that market for the comparable tier of service rather than the 
      most prevalent price charged as was used previously.  This EBU method 
      of estimating basic video customers is consistent with the 
      methodology used in determining costs paid to programmers and is 
      consistent with the methodology used by other multiple system 
      operators (MSOs).  EBUs presented as of December 31, 2008 decreased 
      by 9,300 as a result of the change in methodology.  As we increase 
      our published video rates to residential customers without a 
      corresponding increase in the prices charged to commercial service or 
      multi-dwelling customers, our EBU count will decline even if there is 
      no real loss in commercial service or multi-dwelling customers. 

  (d) "Customer relationships" include the number of customers that receive 
      one or more levels of service, encompassing video, Internet and 
      telephone services, without regard to which service(s) such customers 
      receive.  This statistic is computed in accordance with the 
      guidelines of the National Cable & Telecommunications Association 
      (NCTA) that have been adopted by eleven then publicly traded cable 
      operators, including Charter. 

  (e) "Pro forma average monthly revenue per basic video customer" is 
      calculated as total quarterly pro forma revenue divided by three 
      divided by average pro forma basic video customers during the 
      respective quarter.  

  (f) "Pro forma average monthly revenue per customer" represents quarterly 
      pro forma revenue for the service indicated divided by three divided 
      by the number of pro forma customers for the service indicated during 
      the respective quarter. 

  (g) "Residential bundled customers" include residential customers 
      receiving a combination of at least two different types of service, 
      including Charter's video service, high-speed Internet service or 
      telephone.  "Residential bundled customers" do not include 
      residential customers who only subscribe to video service.   

  (h) "Digital video customers" include all basic video customers that have 
      one or more digital set-top boxes or cable cards deployed. 

  (i) "Residential high-speed Internet customers" represent those 
      residential customers who subscribe to our high-speed Internet 
      service.  At December 31, 2009, September 30, 2009, and December 31, 
      2008, approximately 2,705,300, 2,673,400, and 2,577,200 of these high-
      speed Internet customers, respectively, receive video and/ or 
      telephone services from us and are included within the respective 
      statistics above.  

  (j) "Telephone customers" include all customers receiving telephone 
      service.  As of December 31, 2009, September 30, 2009, and December 
      31, 2008 approximately 1,548,100, 1,493,300, and 1,311,200 of these 
      telephone customers, respectively, receive video and/or high-speed 
      Internet services from us and are included within the respective 
      statistics above.  

  (k) "Revenue generating units" represent the sum total of all basic 
      video, digital video, high-speed Internet and telephone customers, 
      not counting additional outlets within one household.  For example, 
      a customer who receives two types of service (such as basic video and 
      digital video) would be treated as two revenue generating units, and 
      if that customer added on high-speed Internet service, the customer 
      would be treated as three revenue generating units.  This statistic is
      computed in accordance with the guidelines of the NCTA.

  (l) "Homes passed" represent our estimate of the number of living units, 
      such as single family homes, apartment units and condominium units
      passed by our cable distribution network in the areas where we offer
      the service indicated.  "Homes passed" exclude commercial units passed 
      by our cable distribution network.  These estimates are updated for 
      all periods presented when estimates change. 

  (m) "Penetration" represents customers as a percentage of homes passed 
      for the service indicated. 

  (n) "Pro forma quarterly net gain (loss)" represents the pro forma net 
      gain or loss in the respective quarter for the service indicated.  

  (o) "Digital penetration of basic video customers" represents the number 
      of digital video customers as a percentage of basic video customers.  



                    CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES     
           UNAUDITED RECONCILIATION OF NON-GAAP MEASURES TO GAAP MEASURES 
                              (DOLLARS IN MILLIONS)          

                     Actual Three Months Ended December 31, 2009 
                     -------------------------------------------     
                       Successor  Predecessor     Combined       Predecessor
                      December 1   October 1      October 1     Actual Three
                       through      through       through       Months Ended
                      December 31, November 30,  December 31,   December 31,
                          2009       2009           2009            2008 

  Consolidated net 
   income (loss)           $2      $13,022        $13,024           $(1,496)
  Plus:  Interest expense, 
          net              68          135            203               486 
         Income tax 
          (benefit) 
          expense           8           93            101              (277)
         Depreciation and 
          amortization    122          217            339               329 
         Impairment of 
          franchises        -         (691)          (691)            1,521 
         Stock 
          compensation 
          expense           1            3              4                 9 
         (Gain) loss due 
          to bankruptcy                                               
          related items 
          (b)               3      (12,356)       (12,353)                - 
         Other, net         7           (1)             6                48 
                          ---          ---            ---               --- 

  Adjusted EBITDA (c)     211          422            633               620 
  Less:  Purchases of      
          property,        
          plant and        
          equipment      (108)        (207)          (315)             (264)
                         ----         ----           ----              ---- 

  Adjusted EBITDA 
   less capital  
   expenditures          $103         $215           $318              $356 
                         ====         ====           ====              ==== 
                                                  
                                                  
                                                  
  Net cash flows from
   operating  
   activities            $183        $(597)         $(414)             $(11)
  Less:  Purchases of  
          property,    
          plant and    
          equipment      (108)        (207)          (315)             (264)
         Change in 
          accrued 
          expenses 
          related 
          to capital                                            
          expenditures      -            8              8                 2 
                          ---          ---            ---               --- 

  Free cash flow          $75        $(796)         $(721)            $(273)
                          ===        =====          =====             ===== 


                    Actual Three Months Ended December 31, 2009  
                    -------------------------------------------             
                 Successor     Predecessor      Combined       Predecessor  
                 December 1     October 1      October 1    Pro Forma Three 
                  through        through        through       Months Ended  
                December 31,   November 30,   December 31,     December 31, 
                    2009           2009           2009          2008 (a)    

  Consolidated net 
   income (loss)           $2      $13,022        $13,024           $(1,494)
  Plus:  Interest      
          expense, net     68          135            203               486 
         Income tax 
          (benefit) 
          expense           8           93            101              (277)
         Depreciation and 
          amortization    122          217            339               328 
         Impairment of 
          franchises        -         (691)          (691)            1,521 
         Stock 
          compensation 
          expense           1            3              4                 9 
         (Gain) loss due 
          to bankruptcy    
          related items 
          (b)               3      (12,356)       (12,353)                - 
         Other, net         7           (1)             6                45 
                          ---          ---            ---               --- 

  Adjusted EBITDA (c)     211          422            633               618 
  Less:  Purchases of    
          property,      
          plant and      
          equipment      (108)        (207)          (315)             (264)
                         ----         ----           ----              ---- 

  Adjusted EBITDA 
   less capital    
   expenditures          $103         $215           $318              $354 
                         ====         ====           ====              ==== 


  Net cash flows 
   from operating             
   activities            $183        $(597)         $(414)             $(13)
  Less:  Purchases of         
          property,           
          plant and           
          equipment      (108)        (207)          (315)             (264)
         Change in 
          accrued 
          expenses 
          related 
          to capital 
          expenditures      -            8              8                 2 
                          ---          ---            ---               --- 

  Free cash flow          $75        $(796)         $(721)            $(275)
                          ===        =====          =====             ===== 


  (a) Pro forma results reflect certain sales and acquisitions of cable 
      systems in 2008 and 2009 as if they occurred as of January 1, 2008. 

  (b) Represents the aggregate of gain due to effects of Plan, gain due to 
      fresh start accounting adjustments and reorganizations items, net as 
      presented on the statements of operations. 

  (c) See page 1 of this addendum for detail of the components included 
      within adjusted EBITDA.   

  The above schedules are presented in order to reconcile adjusted EBITDA
  and free cash flows, both non-GAAP measures, to the most directly
  comparable GAAP measures in accordance with Section 401(b) of the
  Sarbanes-Oxley Act.   



                  CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES   
           UNAUDITED RECONCILIATION OF NON-GAAP MEASURES TO GAAP MEASURES 
                             (DOLLARS IN MILLIONS)      

                      Actual Year Ended December 31, 2009    
                      -----------------------------------   
                      Successor   Predecessor    Combined       Predecessor 
                      December 1   January 1     January 1      Actual Year
                        through     through       through           Ended 
                      December 31, November 30, December 31,    December 31,
                           2009       2009          2009             2008 

  Consolidated net 
   income (loss)            $2      $10,099        $10,101        $(2,447)
  Plus:  Interest       
          expense, net      68        1,020          1,088          1,905 
         Income tax 
          (benefit) 
          expense            8         (351)          (343)          (103)
         Depreciation 
          and 
          amortization     122        1,194          1,316          1,310 
         Impairment of 
          franchises         -        2,163          2,163          1,521 
         Stock compensation 
          expense            1           26             27             33 
         (Gain) loss 
          due to bankruptcy       
          related items (b)  3      (11,833)       (11,830)             - 
         Other, net          7          (36)           (29)           100 
                           ---          ---            ---            --- 

  Adjusted EBITDA (c)      211        2,282          2,493          2,319 
  Less:  Purchases of                           
          property,                             
          plant and                             
          equipment       (108)      (1,026)        (1,134)        (1,202)
                          ----       ------         ------         ------ 

  Adjusted EBITDA less 
   capital expenditures   $103       $1,256         $1,359         $1,117 
                          ====       ======         ======         ====== 


  Net cash flows from 
   operating 
   activities             $183         $411           $594           $399 
  Less:  Purchases of   
          property,     
          plant and     
          equipment       (108)      (1,026)        (1,134)        (1,202)
         Change in 
          accrued 
          expenses        
          related to 
          capital        
          expenditures       -          (10)           (10)           (39)
                           ---          ---            ---            --- 

  Free cash flow           $75        $(625)         $(550)         $(842)
                           ===        =====          =====          ===== 


                    Pro Forma Year Ended December 31, 2009 (a)   
                    ------------------------------------------    
                      Successor    Predecessor    Combined     Predecessor  
                      December 1    January 1     January 1    Pro Forma   
                        through      through       through     Year Ended  
                      December 31, November 30,  December 31,  December 31,
                          2009        2009           2009         2008 (a)

  Consolidated 
   net income (loss)        $2      $10,101        $10,103        $(2,445)
  Plus:  Interest         
          expense, net      68        1,020          1,088          1,905 
         Income tax 
          (benefit) 
          expense            8         (351)          (343)          (103)
         Depreciation and 
          amortization     122        1,194          1,316          1,306 
         Impairment of 
          franchises         -        2,163          2,163          1,521 
         Stock compensation 
          expense            1           26             27             33 
         (Gain) loss due 
          to bankruptcy   
          related 
          items (b)          3      (11,833)       (11,830)             - 
         Other, net          7          (38)           (31)            96 
                           ---          ---            ---            --- 

  Adjusted EBITDA (c)      211        2,282          2,493          2,313 
  Less:  Purchases of                  
          property,                    
          plant and                    
          equipment       (108)      (1,026)        (1,134)        (1,202)
                          ----       ------         ------         ------ 

  Adjusted EBITDA less 
   capital   
   expenditures           $103       $1,256         $1,359         $1,111 
                          ====       ======         ======         ====== 


  Net cash flows from 
   operating    
   activities             $183         $411           $594           $393 
  Less:  Purchases of                
          property,                  
          plant and                  
          equipment       (108)      (1,026)        (1,134)        (1,202)
         Change in 
          accrued 
          expenses              
          related to 
          capital               
          expenditures       -          (10)           (10)           (39)
                           ---          ---            ---            --- 

  Free cash flow           $75        $(625)         $(550)         $(848)
                           ===        =====          =====          ===== 


  (a) Pro forma results reflect certain sales and acquisitions of cable 
      systems in 2008 and 2009 as if they occurred as of January 1, 2008. 

  (b) Represents the aggregate of gain due to effects of Plan, gain due to 
      fresh start accounting adjustments and reorganizations items, net as 
      presented on the statements of operations. 

  (c) See page 1 of this addendum for detail of the components included 
      within adjusted EBITDA.   

  The above schedules are presented in order to reconcile adjusted EBITDA 
  and free cash flows, both non-GAAP measures, to the most directly 
  comparable GAAP measures in accordance with Section 401(b) of the 
  Sarbanes-Oxley Act.   



                 CHARTER COMMUNICATIONS, INC. AND SUBSIDIARIES              
                             CAPITAL EXPENDITURES                           
                             (DOLLARS IN MILLIONS)                          

                          Three Months Ended December 31, 2009              
                          ------------------------------------              
                           Successor   Predecessor   Combined    Predecessor
                          December 1    October 1    October 1  Three Months
                            through      through      through       Ended   
                           December     November     December     December  
                              31,          30,          31,          31,    
                             2009         2009         2009         2008    
                           --------     --------     --------     --------  
                                                                            
  Customer premise                                                          
   equipment (a)                  $38          $95         $133         $115
  Scalable                                                                  
   infrastructure (b)              30           45           75           66
  Line extensions (c)               7           14           21           17
  Upgrade/Rebuild (d)               1            7            8            3
  Support capital (e)              32           46           78           63
                                  ---          ---          ---          ---
                                                                            
     Total capital                                                          
      expenditures               $108         $207         $315         $264
                                 ====         ====         ====         ====
                                                                            
                                                                            
                              Year Ended December 31, 2009                  
                              ----------------------------                  
                           Successor   Predecessor   Combined               
                          December 1    January 1    January 1   Predecessor
                            through      through      through    Year Ended 
                           December     November     December     December  
                              31,          30,          31,          31,    
                             2009         2009         2009         2008    
                           --------     --------     --------     --------  
                                                                            
  Customer premise                                                          
   equipment (a)                  $38         $555         $593         $595
  Scalable                                                                  
   infrastructure (b)              30          186          216          251
  Line extensions (c)               7           63           70           80
  Upgrade/Rebuild (d)               1           27           28           40
  Support capital (e)              32          195          227          236
                                  ---          ---          ---          ---
                                                                            
     Total capital                                                          
      expenditures               $108       $1,026       $1,134       $1,202
                                 ====       ======       ======       ======

  (a) Customer premise equipment includes costs incurred at the customer 
      residence to secure new customers, revenue units and additional 
      bandwidth revenues.  It also includes customer installation costs and 
      customer premise equipment (e.g., set-top boxes and cable modems, 
      etc.). 

  (b) Scalable infrastructure includes costs, not related to customer 
      premise equipment or our network, to secure growth of new customers, 
      revenue units and additional bandwidth revenues or provide service 
      enhancements (e.g., headend equipment). 

  (c) Line extensions include network costs associated with entering new 
      service areas (e.g., fiber/coaxial cable, amplifiers, electronic 
      equipment, make-ready and design engineering). 

  (d) Upgrade/rebuild includes costs to modify or replace existing 
      fiber/coaxial cable networks, including betterments. 

  (e) Support capital includes costs associated with the replacement or 
      enhancement of non-network assets due to technological and physical 
      obsolescence (e.g., non-network equipment, land, buildings and 
      vehicles).

First Call Analyst:
FCMN Contact:

SOURCE: Charter Communications, Inc.

CONTACT: Media, Anita Lamont, +1-314-543-2215, or Analysts, Mary Jo
Moehle, +1-314-543-2397