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HomeMy WebLinkAbout2000-110RESOLUTION NO. 2000-110 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AUTHORIZING THE TRANSFER OF A CABLE TELEVISION FRANCHISE FROM COMCAST CABLEVISION CORPORATION TO ADELPHIA COMMUNICATIONS CORPORATION. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 6 7 WHEREAS, Comcast Cablevision of San Bemardino (the "Franchisee") currently owns 8 and operates the cable television system (the "System") operating in the City of San Bernardino (the 9 "Franchise Authority") and is the duly authorized holder of a franchise permit, license, or other 10 authorization granted by the Franchise Authority (as amended to date, the "Franchise"); and 11 WHEREAS, Comcast Corporation, the parent company of the Franchisee, and Adelphia 12 Communications Corporation ("Adelphia") have entered into an agreement (the "Exchange 13 Agreement"), dated May 25, 1999, pursuant to which Comcast has agreed to transfer substantially 14 all of the assets of the System, including its rights under the Franchise, to Adelphia or its subsidiaries 15 in a series of transactions in which (i) the Franchisee shall be converted from a corporation to a 16 limited liability company under Delaware law and (ii) all of the LLC interests in the Franchisee will 17 be transferred to Clear Cablevision, Inc. ("Transferee"), a wholly owned indirect subsidiary of 18 Adelphia (the"Transactions"); 19 WHEREAS, Franchisee and Transferee have requested consent by the Franchise Authority 2 0 to the Transactions in accordance with the requirements of the Franchise and have filed an FCC 21 Form 394 (the "Transfer Application") with the Franchise Authority describing both the Transferee 2 2 and the Transactions; and 2 3 WHEREAS, the Franchise Authority has reviewed the Transfer Application, examined 2 4 the legal, financial and technical qualifications of Transferee, followed all required procedures in 2 5 order to consider and act upon the Transfer Application, and considered the comments of all 2 6 interested parties; and 27 III 28 III RAB/ap[Cable,Res1 1 2000-110 1 RESOLUTION OF THE MAYOR AND COMMON COUNCn.. OF THE CITY OF SAN BERNARDINO AUTHORIZING THE TRANSFER OF A CABLE TELEVISION 2 FRANCHISE FROM COMCAST CABLEVISION CORPORATION TO ADELPHIA COMMUNICATIONS CORPORATION. 3 4 WHEREAS, the Franchise is in full force and effect without default thereunder by 5 Franchisee as of the date hereof in accordance with its terms and conditions as set forth therein, and 6 Transferee has agreed to comply with the Franchise and applicable law from and after the 7 completion of the transfer; and 8 WHEREAS, the Franchise Authority believes it is in the interest of the Franchise 9 Authority to approve the Transfer Application and the transfer of control of the Franchise to 10 Transferee, all as described in the Transfer Application 11 NOW, THEREFORE, BE IT RESOLVED BY THE FRANCHISE AUTHORITY 12 AS FOLLOWS: 13 SECTION 1. The Franchise Authority hereby consents to the Transactions, all in 14 accordance with the terms of the Franchise. 15 SECTION 2. The Franchise Authority confirms that (a) the Franchise was 16 properly granted or transferred to Franchisee, (b) the Franchise represents the entire understanding 17 of the parties and Franchisee has no obligations to the Franchise Authority other than those 18 specifically stated in the Franchise, and (c) Franchisee is materially in compliance with the provisions 19 of the Franchise and there exists no fact or circumstance known to the Franchise Authority which 20 constitutes or which, with the passage of time or the giving of notice or both, would constitute a 21 material default or breach under the Franchise or would allow the Franchise Authority to cancel or 22 terminate the rights thereunder, except upon the expiration of the full term of the Franchise. 23 SECTION 3. Following the Transactions, Franchisee may transfer the System 24 andlor the Franchise, or control related thereto, to any entity controlling, controlled by, or under 25 common control with Franchisee. 26 SECTION 4. The Franchise Authority hereby consents to and approves the 27 assignment, mortgage, pledge, or other encumbrances, ifany, of the Franchise, the System, or assets 28 relating thereto, as collateral for a loan, RAB/ap[Cable,Res] 2 2000-110 1 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AUTHORIZING THE TRANSFER OF A CABLE TELEVISION 2 FRANCHISE FROM COMCAST CABLEVISION CORPORATION TO ADELPHIA COMMUNICATIONS CORPORATION. 3 4 SECTION 5. This Resolution shall be deemed effective for purposes of the 5 Transactions upon the consummation of the transactions contemplated by the Exchange Agreement. 6 SECTION 6. This Resolution shall have the force of a continuing agreement with 7 Franchisee and Transferee, and the Franchise Authority shall not amend or otherwise alter this 8 Resolution without the consent of Franchisee and Transferee, 9 SECTION 7. The Franchise Authority releases Comcast Corporation and each 10 of its subsidiaries, effective upon the consummation of the Transactions contemplated by the 11 Exchange Agreement, from all obligations and liabilities under the Franchise that accrue on and after 12 the consummation of the Transactions contemplated by the Exchange Agreement; provided that the 13 Franchisee shall be responsible for any obligations and liabilities under the Franchise that accrue on 14 and after the consummation of the Transactions contemplated by the Exchange Agreement. 15 III III III III III III 1/// III 1/1 III III III //1 III RAB/ap[Cable.Res] 3 16 17 18 19 20 21 22 23 24 25 26 27 28 -' 2000-110 1 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AUTHORIZING THE TRANSFER OF A CABLE TELEVISION 2 FRANCHISE COMCAST CABLEVISION CORPORATION TO ADELPHIA COMMUNICATIONS CORPORATION. 3 4 I HEREBY CERTIFY that the foregoing resolution was duly adopted by the Mayor and 5 Common Council of the City of San Bemardino at a j oint regular meeting thereof, held on 6 the 15tbday of 7 May , 2000, by the following vote, to wit: 8 COUNCIL MEMBERS: AYES NAYS ABSTAIN ABSENT ESTRADA x LIEN x McGINNIS x SCHNETZ x SUAREZ x ANDERSON x McCAMMACK x 9 10 11 12 13 14 15 16 17 R~i~~rk~ 18 19 The foregoing resolution is hereby approved thisl~.h&y of May ,2000. ~~~- 20 21 Esther Estrada Mayor Pro Tem 22 23 Approved as to form and legal content: 24 JAMES F. PENMAN CITY ATTORNEY 25 B~j~ 26 27 28 RAB/ap[Cable,Res] 4 Federal Communications Commission Washington, DC 20554 2000-110 FCC 394 APPLICATION FOR FRANCHISE AUTHORITY CONSENT TO ASSIGNMENT OR TRANSFER OF CONTROL OF CABLE TELEVISION FRANCHISE Approved By OMB' 3060-0573 FOR FRANCHISE AUTHORITY USE ONLY SECTION I. GENERAL INFORMATION DATE 02/29/00 1. Community Unit Identification Number: CAO 263 2. Application for: o Assignment of Franchise !XI Transfer of Control See Exhibi t 1 3, Franchising Authority: Ci ty of San Bernardino 4. Identify community where the system/franchise that is the subject of the assignment or transfer of control is located: San Bernardino 5. Date system was acquired or (for system's constructed by the transferor/assignor) the date on which service was provided to the first subscriber in the franchise area: 6. Proposed effective date of closing of the transaction assigning or transferring ownership of the system to transferee/assignee: No longer applicable As soon as 7. Attach as an Exhibit a schedule of any and all additional information or material filed with this application that is identified in the franchise as required to be provided to the franchising authority when requesting its approval of the type of transaction that is the subject of this application, PART I - TRANSFEROR/ASSIGNOR 1. Indicate the name, mailing address, and telephone number of the transferor/assignor. Legal name of Transferor/Assignor (if individual, list last name first) Comcast Cablevision Corporation of California Assumed name used for doing business (if any) Mailing street address or P.O. Box 1500 Market streetl 32nd Floor City State Philadel hia PA ZIP Code 19102 Telephone No. (include area code) (215) 665-1500 2. (a) Attach as an Exhibit a copy of the contract or agreement that provides for the assignment or transfer of control (including any exhibits or schedules thereto necessary in order to understand the terms thereof). If there is only an oral agreement, reduce the terms to writing and attach. (Confidential trade, business, pricing or marketing information, or other information not otherwise publicly available, may be redacted). (b) Does the contract submitted in response to (a) above embody the full and complete agreement between the transferor/assignor and the transferee/assignee? If No, explain in an Exhibit. FCC 394 (Page 1) ossible Exhibit No, N/A Exhibit No. 1 IXI Yes D No Exhibit No, N/A September 1996 PART II - TRANSFEREE/ASSIGNEE 2000-110 1. (a) Indicate the name, mailing address, and telephone number of the transferee/assignee, Legal name of Transferee/Assignee (if individual, list last name first) Clear Cablevision, Inc. Assumed name used for doing business (if any) Mailing street address or P,O. Box 1 North Main street City State ZIP Code Telephone No, (Include area code) Coudersport PA 16915 (814 ) 274-9830 (b) Indicate the name, mailing address, and telephone number of person to contact, if other than transferee/assignee. Name of contact person (list last name first) Randall D. Fishert Esq. Firm or company name (if any) Adelphia Communications Corporation Mailing street address or P.O, Box 1 North Main Street City State ZIP Code Telephone No, (include area code) Coudersport PA 16915 (814) 274-9830 (c) Attach as an Exhibit the name, mailing address, and telephone number of each additional person who should be contacted, if any, Exhibit No, 2 (d) Indicate the address where the system's records will be maintained. Street Address 1 North Main Street City State ZIP Code Coudersport PA 16915 2, Indicate on an attached exhibit any plans to change the current terms and conditions of service and operations of the system as a consequence of the transaction for which approval is sought. Exhibit No, 3 FCC 394 (Page 2) September 1996 SECTIGN 11. TRANSFEREE'S/ASSIGNEE'S LEGAL QUALIFICATIONS 2000-110 1. Transferee/Assignee is: IX] Corporation a. Jurisdiction of incorporation: d, Name and address of registered Delaware jurisdiction: b, Date of incorporation: CSC Networks 04/04/84 1013 Centre Road c, For profit or not-far-profit: Profi t Wilmingtont DE 19805 0 Limited Partnership a, Jurisdiction in which formed: c. Name and address of registered jurisdiction: b, Date of formation: 0 General Partnership a. Jurisdiction whose laws govern formation: b, Date of formation: 0 Individual 0 Other. Describe in an Exhibit: I 2. List the transferee/assignee, and, if the transferee/assignee is not a natural person, each of its officers, directors, stock beneficially holding more than 5% of the outstanding voting shares, general partners, and limited partners holding an of more than 5%, Use only one column for each individual or entity. Attach additional pages if necessary, (Read carefu lettered items below refer to corresponding lines in the following table,) (a) Name, residence, occupation or principal business, and principal place of business. (If other than an individual, als address and citizenship of natural person authorized to vote the voting securities of the applicant that it holds,) List the first, officers, next, then directors and, thereafter, remaining stockholders and/or partners, (b) Citizenship, (c) Relationship to the transferee/assignee (e,g" officer, director, etc.). (d) Number of shares or nature of partnership interest: (e) Number of votes, (f) Percentage of votes, Trans feree is a wholly-owned subsidiary of Adelphia comrnunicat Corporation ("ACe") ; information on Attachment is for ACC (a) (See Attachment) (b) (c) (d) (e) (f) FCC 394 (Page 3) agent in agent in Exhibit No, holders equity interest Ily - the o show name, applicant ions September 1996 2000-110 3. If ttie applicant is a corporation or a limited partnership, is the transferee/assignee formed under the laws of, or duly qualified to transact business in, the State or other jurisdiction in which the system operates? If the answer is No, explain in an Exhibit. 4, Has the transfereelassignee had any interest in or in connection with an applicant which has been dismissed or denied by any franchise authority? If the answer is Ves, describe circumstances in an Exhibit. 5, Has an adverse finding been made or an adverse final action been taken by any court or administrative body with respect to the transferee/assignee in a civil, criminal or administrative proceeding, brought under the provisions of any law or regulation related to the following: any felony; revocation, suspension or involuntary transfer of any authorization (including cable franchises) to provide video programming services; mass media related antitrust or unfair competition; fraudulent statements to another government unit; or employment discrimination? If the answer is Yes, attach as an Exhibit a full description of the persons and matter(s) involved, including an identification of any court or administrative body and any proceeding (by dates and file numbers, if applicable), and the disposition of such proceeding, 6, Are there any documents, instruments, contracts or understandings relating to ownership or future ownership rights with respect to any attributable interest as described in Question 2 (including, but not limited to, non-voting stock interests, beneficial stock ownership interests, options, warrants, debentures )? If Ves, provide particulars in an Exhibit. 7, Do documents, instruments, agreements or understandings for the pledge of stock of the transfereelassignee, as security for loans or contractual performance, provide that: (a) voting rights will remain with the applicant, even in the event of default on the obligation; (b) in the event of default, there will be either a private or public sale of the stock; and (c) prior to the exercise of any ownership rights by a purchaser at a sale described in (b), any prior consent of the FCC and/or of the franchising authority, if required pursuant to federal, state or local law or pursuant to the terms of the franchise agreement will be obtained? If No, attach as an Exhibit a full explanation, SECTION III. TRANSFEREE'S/ASSIGNEE'S FINANCIAL QUALIFICATIONS 1. The transferee/assignee certifies that it has sufficient net liquid assets on hand or available from committed resources to consummate the transaction and operate the facilities for three months. 2. Attach as an Exhibit the most recent financial statements, prepared in accordance with generally accepted accounting principles, including a balance sheet and income statement for at least one full year, for the transferee/assignee or parent entity that has been prepared in the ordinary course of business, if any such financial statements are routinely prepared. Such statements, if not otherwise publicly available, may be marked CONFIDENTIAL and will be maintained as confidential by the franchise authority and its agents to the extent permissible under local law, SECTION IV. TRANSFEREE'S/ASSIGNEE'S TECHNICAL QUALIFICATIONS Set forth in an Exhibit a narrative account of the transferee's/assignee's technical qualifications, experience and expertise regarding cable television systems, including, but not limited to, summary information about appropriate management personnel that will be involved in the system's management and operations, The transferee/assignee may, but need not, list a representative sample of cable systems currently or formerly owned or operated, FCC 394 (Page 4) D Ves [ZJ No Exhibit No, 4 D Ves [ZJ No Exhibit No, N/A D Ves [ZJ No Exhibit No, N/A D Ves [ZJ No Exhibit No, N/A D Ves [ZJ No Exhibit No, 5 [ZJ Ves D No Exhibit No. 6 Exhibit No, 7 September 1996 i . ~ i::i:~~ n: ~ ~ ",Vlli; o~~ E ,= ::J ~.'!lt:8 i . ~ a: . , " , ~ -E ~ Qi o ,~ Ql'~ q g _I-O:::U I ~ o ~ a: g ~ g o " o ~ 0 ~ .~ _.~ Q g ~:2a:u '" z o ~ ~ o ~ ~ ~ ~ o ~ ~ o w ~ .. o~ : ,- :; ~ 0 -; ~ ~ c ,~ ~oo "iii 0 . 0 _""")a:u w W Z o ~ '" ~ c 2 " o o o w w ~ w " '" z ~ ~ '" . 0 c 'c o 0 .~ Qj ~ 2 ~ c E OJ ~ E Qi n. 8~o ~ .... g ~ ~ ~ - ~"iij g ~<t:?:u = z o ~ o w '" " " o m . 0 .... c i: ~ ,9 ~ ~~Qj~ ~ c ~ c a: E Vi ~ ~ E Qj ~ :> 0 m t' 6lu~o .~ .!!! ... ~ ~].~~ ~ ~"iij g w<(::2;u 00 w " o o m . 0 E g .~ ~'iii Q;~ '~"E ~ c ~E~~ :5 ~ ~ t Ol>U ~ R '~:.E tQ ~ o 0 0 ~ ~.~] w<(~u 00 w " " o m . 0 c 'c o 0 e'~ 'ii~ E 'i: ~ ~ DEw; ~E:ii~ lJ 0 ... 1:: lijU~o ,S ,!!? .... g. LL..cIllli) ~ ~,~ 1: 6~:28 00 w " " o m 00 w . 0 c: 'c '~ ~ .!:! u;~ c !!! c o - C o E Vl OIl wE lii Cl... u 0 :u ~ c-~ $: 8- E~t;;~ 1 ~,~ g u.ct::2:u m 00 <0 m 00 w m 00 w m 00 w m 00 w c ~ " u . o " Vi u ~ '0 ~ ~ . c ,~ U . o " Vi u ~ '0 ~ ~ c .~ u . ~ o Vi u ~ o ~ ~ c o :~ o . o " Vi u ~ '0 ~ ~ c o , " o o u o . . o " o ~ o u " e ~ u . o 0: o o '> o > '" o o o " w " N ~ ~ 0 ~. :0 l"l '~ 00 " ,0 N > C , 0 ~u ~~ om u~ 000 Mm ~<o 'N ~ ,.1: 0"'" '<t'::! ~ - 0 0 :E!ud: o u " e E o u .. o 0: ~ '> . > '5 o . " w " <0 <0 - 0 m::ii ~" lXl.lii M > C .. 0 ~u .- o~ G"!. MN ~oo ~o g r:. '0 (D, ~ ~ ., . ~ - 0 0 EGO: s o " e E . u '. " ~ o o '> o > "5 o o " w " . ~ U <oU <0 " ....lii ~~ oo~ M!! ..~ "ce . 0 . > o c u8 ~; ",N <0 . mN <om .0 ~ ' M ~ci:i ~ " Q E o U .. . 0: " U " '</"~ 00 0 ~ " .0 <0 0 m- OJ:!:! , e m 0 .. > ~ c ~8 ~<o Uoo M ~, m_ M~ <D- o .. q~ _0 ~D . ~ o 2 D. o o ;; z " o ~ 2 D. o o ;; Z " ;., 00 ~. M 00 .. 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'" o ~~ III ~ "2 Q) :: ~ -g t1;~a:~8 m o m 00 ., c "z u . o ~ m U ~ 'c ~ ~ c ,~ u . o ~ Vi ~ .0 ~ ~ c ,~ u . . Vi U ~ '0 " :;; c ~ '" u . ~ o Vi ~ ~ .0 ~ ~ s o " is j! " u " is j! o u " is " " u " is .. :; o " o 0 5t1; ,9 E c 0 ou V)"Uj - . 2a: ~ ~ o U o m ~ " ~ . . o U o o o " ~ . . o u 8 ~ " o o " " o ~ ~ " o o o :;; o o m :;; o "~ D. o . o z :;; "#- c o ~ . . o ~ ~ c o ~ . . o ~ ~ . ~ . . o ~ "#- o .; o ;; > o U " . c o '. . > l' 8 o m ~ 00 M B B ~ ~ E o ~ o ~ '" . o U z o ;:: u w "! ^ o rn o c ~ V "0 o . ~ ~ w > ~ ~ M 00 00 ~ 2000-110 SECTION V - CERTIFICATIONS Part I - Transferor/Assignor All the statements made in the application and attached exhibits are considered material representations, and all the Exhibits are a material part hereof and are incorporated herein as if set out in full in the application. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief and are made in good faith, Date WILLFUL FALSE STATEMENTS MADE ON THIS FORM ARE 2/28/00 PUNISHABLE BY FINE AND/OR IMPRISONMENT. U,S. CODE, Pnntfull name TITLE 18, SECTION 1001. stanley Wang Check appropriate classification: D Individual D General Partner E] Corporate Officer D Other. Explain: (Indicate Title) Executive Vice President Part II - Transferee/Assignee All the statements made in the application and attached Exhibits are considered material representations, and all the Exhibits are a material part hereof and are incorporated herein as if set out in full in the application. The transferee/assignee certifies that helshe: (a) Has a current copy of the FCC's Rules governing cable television systems. (b) Has a current copy of the franchise that is the subject of this application, and of any applicable state laws or local ordinances and related regulations. (c) Will use its best efforts to comply with the terms of the franchise and applicable state laws or local ordinances and related regulations, and to effect changes, as promptly as practicable, in the operation system, if any changes are necessary to cure any violations thereof or defaults thereunder presently in effect or ongoing. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief and are made in good faith. Date WILLFUL FALSE STATEMENTS MADE ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT. U.S. CODE, Print full name TITLE 18, SECTION 1001, Check appropriate classification: D D Individual D General Partner Corporate Officer D Other. Explain: (Indicate Title) FCC 394 (Page 5) September 1996 2000-110 SECTION V - CERTIFICATIONS Part I - Transferor/Assignor All the statements made in the application and attached exhibits are considered material representations, and all the Exhibits are a material part hereof and are incorporated herein as if set out in full in the application. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief and are made in good faith. Date WillFUL FALSE STATEMENTS MADE ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT. U.S. CODE, Print full name \ TITLE 18, SECTION 1001. Stanley Wang Check appropriate classification: D Individual D General Partner 0 Corporate Officer D Other. Explain: (Indicate Title) Executive Vice President Part II - Transferee/Assignee All the statements made in the application and attached Exhibits are considered material representations, and all the Exhibits are a material part hereof and are incorporated herein as if set out in full in the application. The transferee/assignee certifies that he/she: (a) Has a current copy of the FCC's Rules governing cable television systems. (b) Has a current copy of the franchise that is the subject of this application, and of any applicable state laws or local ordinances and related regulations. (c) Will use its best efforts to comply with the terms of the franchise and applicable slate laws or local ordinances and related regulations, and to effect changes, as promptly as practicable, in the operation system, if any changes are necessary to cure any violations thereof or defaults thereunder presently in effect or ongoing. Signature I CERTIFY that the statements in this application are true, ~,e. complete and correct to the best of my knowledge and belief and F~ are made in good faith. Date ~/~t/ /U-~eJ WillFUL FALSE STATEMENTS MADE ON THIS FORM ARE PUNISHABLE BY FINE ANDIOR IMPRISONMENT. U.S. CODE, Print full name TITLE 18, SECTION 1001. Randall D, Fisher Check appropriate classification: D Individual D General Partner 0 Corporate Officer D Other. Explain: (Indicate Title) Vice President FCC 394 (Page 5) September 1996 2000-110 Exhibit I OVERVIEW OF PROPOSED TRANSACTION AND EXCHANGE AGREEMENT 115161.1 2000-110 rAKl l' r1".~",L1AL 1!'j~UK.~ATlUI\ hem 1. Finane-Ia! StatelmOh "DELPHIA CO~UNlCATJONS CORPORATION A....D SliBSlDlA.IUES CO!>.1lE:-ISED COMOLlDATED BALA.'C.E SHEETS IT:naudHed) (Dollu, '" thous&llds, ~xcep' sbare """'UDts) De..:emlxr 31, :998 .~SSETS Prop'=f1). plant and C:QWPmclU . Dc-t IntangIble assets . D.~r Cash ~d cash cqW\lalC'Ilt$ L S gO>==1 SecunllC' - pledged Iu\;esancnts Subscnbtr rC'cC'l",abln - nee Prepaid expenu. iIId OD1or ..""IS' ""I fn>cs=nr '" iIId amoUDIS due lTom Olympus Rr:larc:d p~ fec:c:wablC<i - ncr To..1 S 1,207,655 1.029.159 398,644 58.054 196.893 53,911 114.62S 19\.408 44,108 S 3,194.457 Sc-p:C':'.lC:er ~O 1999 :) l.n:'i~~' I.l; 3. 70S 893,191 29,451 143,644 9....15.; 16-;,067 ;.:,.61 96,611 S 4,941.362 LIABILITIES. PREFERRED STOCK COMMON STOCK AND OTHER. STOCKHOLDERS' EQUITY IDEFICIF.NCYI Sl.ibsichAr) debe S 1.717,240 S U61.03. Parent Qcbt 1,810,212 2.406,342 AccountS pay.ble 96.985 96.240 Sub,cnber .d>"""c payments and d.:po.HS 19.317 10,13.3 Accrued UltrfC'St and other Iaabwnts 137.l31 136.925 o.,fmcd mco"", Ii"es 109,609 ; 02,946 T olallutbilincs 3,890,554 .a,324,424 ~l.Ilunr:r lJltc~SU 48.784 4.133 Adelplua Bu,mcss SoluuollS Redccmallle E""hlm,cable Prefmed SlOCk 228.674 252,261 13'l', Senes B Cutculati>e Redeemable EAcbaD&elblr Preferred SlOCk 148.191 :48,320 Coml!l1UnenlS and conongeocln (NOle 8) Con>.rllble preferred SIOCk, common Slock aDd other stockholden' equIty (deficlelXY)' 8 1/8% Se"es C con>ertlblr prefmed srock (Sloo,ooo bquiclaaon preference) 1 5 112% Senes D con>ernble preferred srock ($575-.000 bqw<Iaaon preference) 29 CI." A common Slock. $.01 par val"", 200,000,000 sharn .whori2cd, J 1,258,843 iIId 51.416.867 ;bares lSS""d. r..pe""..ly 313 514 Cl... B common stock, SOl par value. 25,000.000 sham aurhon2ed. 10,834.476 shares IS5llC<i aDd OI1ISlllDd1ng 1O~ 108 Addmoll41 paId-In caplral 738.102 2,302.44. AL'curnu1aud defieu (1,760.270) (1.883,560) CLass A common STOCI: bold m c.cra'" \58.099) TICiSW)> 'Iock. al c"'.. 0 and 1,091,524 shares of Cia.. A common .to<:k iUld o iUld 20.000 shates 01"8 1/8% Sones C cOllverub1e pretro-cd.lOCk. respecnvely (l49.21l) Converuble preferred s_k. common SlOCl: and other stockholders' eqUIty (defiei_y) (l,021,74b) 212,224 Toral S 3.294.4S7 $ 4.941.361 See DoteS to cOD~d consoluhtcd finaocl.11 Statements.. 3 2000-110 ...oElJ'HL'\ CO~"ItfNICATIO:-;S CORPORA nON A.'ID SLllS10lARlES CO~Of.!'iSEO CONSOLIDA TED STATEMENTS Of OpERA T10SS (t.:na"d,..d I (Dollars in thous.i.llCb. C'X.CC'pt peT share imounb) Thtee Months E oded ~J.n': !l.1onth~ Ended, September 30, SC'iJ{~mbcr 30. 1~9~ 1999 1998 1999 Re\e:lUc:'5; S 169,387 S HO.320 S 4;2,680 S 6-~5 :... Opera:lnj; cxp<n>cs: Olf<<1 operaWl~ .nd prollflllNllllla 56,595 79.623 150.697 ~ ~ 9 553 s.-11ln~, g<""ral and ,drnuuSll1lll,< 33,043 75,303 87,SOO 1;J6.u30 Depr(cLlltlon ane! amatuz;lQOu ~6.0S3 65.639 12;.113 IS6,I90 Total 1:l~ 721 220,565 "6 ~ 610 59i.7"'} Op<rallna 1n<0_ 33 666 19.755 89,07U 51041 Olh<r "'<0_ (e~pense), ?nom} ""eSlmOnl lIlA:omt from Olympus 12,000 12,000 36,000 30,000 Oilier ""'OllIe 113 1,113 TnWlltSyexpclUc' . Ikt (6),317) (59,976) ( 10'.625) (l91."~) Eqwt}" In loss ofOlympus Olld olbet JOIDI vcnlUros (14,803 ) (22,305 ) (~9.IS8) (60,240) EqUlt}" In loss of Adelp/W& aoa"'.... Solunons JOlDt VCDlUrc' (2.614) (2~6) (9,487) (7.)401 Momont)' Ull:C're:llt in net Josses of SUbslChand ~,543 12,755 14,003 3S,~15 .'\dclph.. 8us_.. SolUlIOllS prefened ..<><:k di"dmcls (7.166) (8,108) (20,800 ) (:!3,SS7) Gun on ~Ie of LD'f'esrrncru: 1520 2.354 Total (07.244\ (05,S80) 1212.6431 (205.157) Loss before llI<:O"'" taxes and exuaorcliDal) loss (33,57~) (46,125) (123,573) (124.716) !neo",", tax (<X~) bcaefil t8S!} 3,580 10,927 7626 Loss before extraotdLDary Jo:b (34.430) (42,545) (112,646) (117.090) E~tr.or<l1nary 10.. on early relirelIlCDl of ~bl (1.733\ (4.337) 110,0171 NC't lass (36,163) (~2,545) ( 116,9831 (12',117) OlVldend reqwremenlS appucobk 10 profmed stoCk (6.906) 11~.332) 120,6641 127.332. ~.t 10$5 apPUcable to cormnon stoCkhol~" S 143.069) S (56.877) S 1137.647) S ( 1 ;4.4491 anlC and diluted ~t loss per ..e'sJued avenae share of common stock before exlrlOrdmal) loss S (I.16) S (095) S (4.12) S (2,;6) auie and cl11uled extnorWnaty loss em early tetlrCJnnlt of deb, per ",e,pled a,enso sIlarc of eOmDll>n STOCk (005. 10131 (018\ 8..,c and dilUltd cellos< per ..cud.." averalt. share of common ~1OCk S (! 2\) S (0,95) S 14.251 S f2 i~) W(:l!;hl~U !:I.1tC'ra1&,C' shares of common sax.:k oUlSWld.na (ID tbouSIIlds) 35 533 60.163 32.418 56.329 See 1lO1tS to condensecl COllSOudated fizwIe1al 'lalemenlS. 4 2000-110 . Federal Communications Commission Washington, DC 20554 FCC 394 Approved By OMB 3060-0573 APPLICATION FOR FRANCHISE AUTHORITY CONSENT TO ASSIGNMENT OR TRANSFER OF CONTROL OF CABLE TELEVISION FRANCHISE FOR FRANCHISE AUTHORITY USE ONLY SECTION I. GENERAL INFORMATION OATE 02/29/00 1, Community Unit Identification Number: CAO 263 2, Application for: D Assignment of Franchise IZI Transfer of Control See Exhibit 1 3, Franchising Authority: C i t V 0 f San Bernardino 4, Identify community where the system/franchise that is the subject of the assignment or transfer of control is located: San Bernardino 5. Date system was acquired or (for system's constructed by the transferor/assignor) the date on which service was provided to the first subscriber in the franchise area: No longer applicable 6, Proposed effective date of closing of the transaction assigning or transferring ownership of the system to transferee/assignee: As soon as oossible 7. Attach as an Exhibit a schedule of any and all additional information or material filed with this application that is identified in the franchise as required to be provided to the franchising authority when requesting its approval of the type of transaction that is the subject of this application. Exhibit No. N/A PART 1- TRANSFEROR/ASSIGNOR 1. Indicate the name, mailing address, and telephone number of the transferor/assignor. Legal name of Transferor/Assignor (if individual, list last name first) Comcast Cablevision Corporation of California Assumed name used for doing business (if any) Mailing street address or P.O. Box 1500 Market Street, 32nd Floor City State ZI P Code Telephone No. (include area code) Philadelohia PA 19102 (215) 665-1500 2. (a) Attach as an Exhibit a copy of the contract or agreement that provides for the assignment or transfer of control (including any exhibits or schedules thereto necessary in order to understand the terms thereof). If there is only an oral agreement, reduce the terms to writing and attach. (Confidential trade, business, pricing or marketing information, or other information not otherwise publicly available, may be redacted), Exhibit No. 1 (b) Does the contract submitted in response to (a) above embody the full and complete agreement between the transferor/assignor and the transferee/assignee? [X] Yes D No Exhibit No. If No, explain in an Exhibit. N/A FCC 394 (Page 1) September 1 996 (b) Indicate the name, m 2000-110 SSIGNEE ailing address, and telephone number of the transferee/assignee, ignee (if individual, list last name first) Inc. g business (if any) Box t State ZIP Code Telephone No. (include area code) PA 16915 (814 ) 274-9830 ailing address, and telephone number of person to contact, if other than transferee/assignee, ast name first) , Esa. ) tions CorDoration Box t State ZIP Code Telephone No. (include area code) PA 16915 (814 ) 274-9830 he name, mailing address, and telephone number of each additional person Exhibit No, ted, if any, 2 here the system's records will be maintained, t State ZIP Code PA 16915 ibit any plans to change the current terms and conditions of service I I m as a consequence of the transaction for which approval is sought. Exhibit No, 3 September 1996 PARr II - TRANSFEREE/A 1, (a) Indicate the name, m Legal name of Transferee/Ass Clear Cablevision, Assumed name used for doin Mailing street address or P,O. 1 North Main Stree City Coudersport Name of contact person (list I Randall D. Fisher Firm or company name (if any Adel hia Communica Mailing street address or P,O, 1 North Main Stree City Couders ort (c) Attach as an Exhibit t who should be contac (d) Indicate the address w Street Address 1 North Main Stree City Coudersport 2. Indicate on an attached exh and operations of the syste FCC 394 (Page 2) 2000-110 SECTION II. TRANSFEREE'S/ASSIGNEE'S LEGAL QUALIFICATIONS 1. Transferee/Assignee is: IZJ Corporation a, Jurisdiction of incorporation: d, Name and address of registered agent in Delaware jurisdiction: b, Date of incorporation: CSC Networks 04/04/84 1013 Centre Road c. For profit or not-for-profit: Profit Wilmingtont DE 19805 o Limited Partnership a, Jurisdiction in which formed: c. Name and address of registered agent in jurisdiction: b, Date of formation: o o o General Partnership 8. Jurisdiction whose laws govern formation: b, Date of formation: Individual Other, Describe in an Exhibit. Exhibit No. 2. List the transferee/assignee, and, if the transferee/assignee is not a natural person, each of its officers, directors, stockholders beneficially holding more than 5% of the outstanding voting shares, general partners, and limited partners holding an equity interest of more than 5%. Use only one column for each individual or entity, Attach additional pages if necessary. (Read carefully - the lettered items below refer to corresponding lines in the following table.) (a) Name, residence, occupation or principal business, and principal place of business. (If other than an individual, also show name, address and citizenship of natural person authorized to vote the voting securities of the applicant that it holds,) List the applicant first, officers, next, then directors and, thereafter, remaining stockholders and/or partners, (b) Citizenship. (c) Relationship to the transferee/assignee (e,g,. officer, director, etc.). (d) Number of shares or nature of partnership interest. (e) Number of votes. (f) Percentage of votes. Transferee is a wholly-owned subsidiary of Adelphia Communications Corporation ("ACe"); information on Attachment is for Ace (a) (See Attachment) (b) (c) (d) (e) (f) FCC 394 (Page 3) September 1996 .1 ~, ~~~ ~ - . III tf) ~ . ~ ~ E ,!:; :I ~~t:8 .1 ~ cc .; . 0 . g -5~a; o ,~ ~ ,5 C! 5 _I-O::U I ~ . ~ a: g ~ g- . - . - . ~ ,~ _ ,l} 05 ~.::?:a::u ~ z o ~ u ~ ~ ~ o ~ ~ " ~ <i =~- ~ . . ., ~ w c ,~ -~q5 ~.,a:u w w Z " ;;; ~ ~ o .~ ~ : o ID U - . . g .~ .~ to i ~ e c; , - 0 E ~ . 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N , o .. 0 ~u ~~ .~ u~ mO M~ ~-~. ~ .."1:1 ome '<to ~ ~ - . . ::!:!Ull. o ;; e g o . ~ .. . .t . u " . .j; , u . x w " ID ID ~:5 .....';::: ~Gi M' o .. 0 ~U .- .~ iJr-: MN ~~ g~"2 IDm_ '<to:: ~ - . . ~ud: o ;; e e c . ~ '. . .t . u " . " ; u . x w " . . . u :g~ ~. Qj ~e m~ M.!! ..~ <('2 . . . , . c - 0 Uu M. ~~ "N ~N' ~g: ~..; ~Q:i o ;; e e E . ~ '. . .t " ~ e '<t~ m. '<t.n: ID . ~;e . e ~ . .. , ~ c ~8 .!!ID Um M ~. ~ . M~ <<i- 0" o. ~ - . . ::!:!u . :0 . ," .. n . o Z " . :0 . ," .. n . ;; z ~ ;, m -i M m -i M :;; .. ~ M oi m .. <<i ~ :;; ~ ~ M oi m ~ <<i ~ :;; m ~ ID N ~ ~ 0; ID :;; . :c . ," .. n . ;; z :, 2000-110 . . ;; , 1; ;j1 ~ o m .; . . ;; , 1; ~ m ;Ii~ iQ::E~ ~ _ n . . . fIl~~ ii ~:g 5 _0.. <:I' U ;j1 ID o ~ oi . . ;; , 1; m ~ M M ~ ~ .; . c , . 0"0 ~H Ua.:: .!!~m ~ U') E ~~~~ ;j1 ID o ~ .,; . . ;; , 1; w '" ~~ ,~ om ~~ "'<:(~ e ~ iii 1ii~~ ~ 0 g. -iosa: ~~! ~l~l5 ;j1 N .. ~ '" N . :0 . ," .. n . o Z -0';<( jijtt:Q.. ;; >- . ~ Ii ~ a:~~ :!<(~ c::t:: :J - III 0 0 .!!oo..u ~ ,m -ID ~. ;::"g<t .o~ ~ u , , . e iQ fIl 0 >.;; g- . . - E w'::: g ~ & ~_u u E " , o " ~ ~ ~ 1; > m ~ ~ ~ M u M . . IJ) .'Q'Q ::. U > 'l: ~~~~ :l Q 1/1 . 8 e ~ ~ - C).c CII ~-,:>Q:) ~ ~ g g Clu:.......:;: ~ . E . o ~ o ~ m ~ C . ~ {~ ~" . " 'a . a: -5111' 'OasX (: 'Iii t/2 {loii:'Q .~ ~S ~ o..UIllCl ~ . o ,2 " o '0 ..'~ III ~ ci. E ;;; 1Il ~ E <0 ~u8 1Il 2 ~ -! 'c ~ ,gl- :e !.~.g~~ '~ E ~Vi ~ ct E J: Qj 0... t:8o'iai5 :> .! E ~ g .....t: 1Il1llQj .~ ~~.S] J;~~~8 m ID o ~ '= u . . " Iii ] '. :> e o ,~ u . . ~ Iii ~ e '. " e c . N '= U . e . Iii ~ e '. " e c 'z u . e . Iii ] 'c :> ~ o 1> e o :;; o ;; e o :;; o ;; e o :;; o ;; ! o ... ~ . e u 0 ,- . >~ .2 ~ c . Jl~ - . ~O: ~ . . . u o ~ "! ~ ~ ~ . u o o o ~ ~ . . . u 8 ~ ~ o o q ~ o ~ "! ~ g o :;; o o ~ :;; . :0 . ." .. n . ~ o Z :;; ;j1 o . " . . . ~ ;j1 o . " ~ . ~ ;j1 . " . . ~ ;j1 o " e o , o ~ ~ , c o .. . > ~ < 8 . ~ ~ m M S s ~ E . ~ u ~ '" . . . u 1; ~ . " ~ u . w z o ;:: U w "! ^ . ~ . o . ~ v '; ~ ~ M m m ~ 2000-110 3, It"the applicant is a corporation or a limited partnership, is the transferee/assignee for laws of, or duly qualified to transact business in, the State or other jurisdiction in whic operates? If the answer is No, explain in an Exhibit. 4, Has the transferee/assignee had any interest in or in connection with an applicant wh dismissed or denied by any franchise authority? If the answer is Yes, describe circumstances in an Exhibit. 5. Has an adverse finding been made or an adverse final action been taken by any court administrative body with respect to the transferee/assignee in a civii, criminai or admi proceeding, brought under the provisions of any law or regulation related to the foilow felony; revocation, suspension or involuntary transfer of any authorization (including c franchises) to provide video programming services; mass media related antitrust or u competition; fraudulent statements to another government unit; or employment discrim If the answer is Yes, attach as an Exhibit a full description of the persons and matter( including an identification of any court or administrative body and any proceeding (by numbers, if applicable), and the disposition of such proceeding, 6, Are there any documents, instruments, contracts or understandings relating to owners ownership rights with respect to any attributable interest as described in Question 2 (i not limited to, non-voting stock interests, beneficial stock ownership interests, options debentures)? If Yes, provide particulars in an Exhibit. 7, Do documents, instruments, agreements or understandings for the pledge of stock of transfereelassignee, as security for loans or contractual performance, provide that: (a wiil remain with the applicant, even in the event of default on the obligation; (b) in the default, there will be either a private or public sale of the stock; and (c) prior to the exe ownership rights by a purchaser at a sale described in (b), any prior consent of the FC franchising authority, if required pursuant to federal, state or local law or pursuant to t the franchise agreement will be obtained? If No, attach as an Exhibit a fuil explanation, SECTION III. TRANSFEREE'SIASSIGNEE'S FINANCIAL QUALIFICATIONS 1, The transfereelassignee certifies that it has sufficient net liquid assets on hand or ava committed resources to consummate the transaction and operate the faciiities for thre 2. Attach as an Exhibit the most recent financial statements, prepared in accordance wit accepted accounting principles, including a balance sheet and income statement for a year, for the transfereetassignee or parent entity that has been prepared in the ordina business, if any such financial statements are routinely prepared. Such statements, if publicly available, may be marked CONFIDENTIAL and will be maintained as confide franchise authority and its agents to the extent permissible under local law. SECTION IV. TRANSFEREE'S/ASSIGNEE'S TECHNICAL QUALIFICATIONS Set forth in an Exhibit a narrative account of the transferee'slassignee's technical qualificat and expertise regarding cable television systems, including, but not limited to, summary inf appropriate management personnel that will be involved in the system's management and transferee/assignee may, but need not, list a representative sample of cable systems curre owned or operated. FCC 394 (Page 4) med under the 0 Yes IZl No h the system Exhibit No. 4 ich has been 0 Yes IZl No Exhibit No, N/A or 0 Yes IZl No nistrative ing: any able nfair ination? s) involved, Exhibit No, dates and file N/A hip or future 0 Yes IZl No ncluding, but I warrants, Exhibit No, N/A the 0 Yes IZl No ) voting rights event of rcise of any C and/or of the he terms of Exhibit No. S Hable from IZl Yes 0 No e months, h generaily Exhibit No. t least one fuil 6 ry course of not otherwise ntial by the ions, experience Exhibit No. ormation about 7 operations, The ntly or formerly September 1996 2000-110 SECTION V - CERTIFICATIONS Part I - TransferortAssignor All the statements made in the application and attached exhibits are considered material representations, and all the Exhib are a material part hereof and are incorporated herein as if set out in full in the application. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief and are made in good faith. Date WillFUL FALSE STATEMENTS MADE ON THIS FORM ARE 2/28/00 PUNISHABLE BY FINE AND/OR IMPRISONMENT. U.S. CODE, Print full name TITLE 18, SECTION 1001. Stanley Wang Check appropriate classification: o Individual 0 General Partner EJ Corporate Officer 0 (Indicate Title) Other. Explain: Executive Vice President Part II - Transferee/Assignee All the statements made in the application and attached Exhibits are considered material representations, and all the Exhib are a material part hereof and are incorporated herein as if set out in full in the application. The transferee/assignee certifies that helshe: (a) Has a current copy of the FCC's Rules governing cable television systems. (b) Has a current copy of the franchise that is the subject of this application, and of any applicable state laws or local ordinances and related regulations. (c) Will use its best efforts to comply with the terms of the franchise and applicable state laws or local ordinances and rela regulations, and to effect changes, as promptly as practicable, in the operation system, if any changes are necessary to cu any violations thereof or defaults thereunder presently in effect or ongoing. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief and are made in good faith. Date WillFUL FALSE STATEMENTS MADE ON THIS FORM ARE PUNISHABLE BY FINE ANDIOR IMPRISONMENT. U.S. CODE, Pnntfull name TITLE 18, SECTION 1001. Check appropriate classification: o Individual D D Corporate Officer (Indicate Title) D Other. Explain: General Partner FCC 394 (Page 5) Septembe its its ted re r 1996 -- 2000-110 SECTION V - CERTIFICATIONS Part I - Transferor/Assignor All the statements made in the application and attached exhibits are considered material representations, and all the Exhibits are a material part hereof and are incorporated herein as if set out in full in the application. Signature I CERTIFY that the statements in this application are true, complete and correct to the best of my knowledge and belief and are made in good faith. Date WILLFUL FALSE STATEMENTS MADE ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT. U.S. CODE, Print full name ' TITLE 18, SECTION 1001. Stanley Wang Check appropriate classification: D Individual D General Partner G Corporate Officer D Other. Explain: (Indicate Title) Executive Vice President Part II - Transferee/Assignee All the statements made in the application and attached Exhibits are considered material representations, and all the Exhibits are a material part hereof and are incorporated herein as if set out in full in the application. The transferee/assignee certifies that he/she: (a) Has a current copy of the FCC's Rules governing cable television systems. (b) Has a current copy of the franchise that is the subject of this application, and of any applicable state laws or local ordinances and related regulations. (c) Will use its best efforts to comply with the terms of the franchise and applicable state laws or local ordinances and related regulations, and to effect changes, as promptly as practicable, in the operation system, if any changes are necessary to cure any violations thereof or defaults thereunder presently in effect or ongoing. Signature I CERTIFY that the statements in this application are true, ~,e. complete and correct to the best of my knowledge and belief and F~ are made in good faith. Date z7~'-I 7u-~ e) WILLFUL FALSE STATEMENTS MADE ON THIS FORM ARE PUNISHABLE BY FINE AND/OR IMPRISONMENT. U.S. CODE. Print full name TITLE 18, SECTION 1001. Randall D. Fisher Check appropriate classification: D Individual D General Partner G Corporate Officer D Other. Explain: (Indicate Title) Vice President FCC 394 (Page 5) September 1996 2000-110 YAKI 1- r11'o.-\.....UAL INtUK.\1ATlUJ\ Irt!m 1. Financial Sr2reawoh ADELPHIA COM~lL'NJCAT10NS CORPORATIOJ\ AND St.JBSIDL4JUES cm..nE:-ISED CONSOLIDATED BAL"",,"CE SlifETS (I:naudlled) (DoUars UI tbousan<!<, '''cpt 'bare lIItlOunts) Decemb,:r 31. 1998 .~SSETS, Propert). plant ind eqwprocw ~ Ol:t Intangible assets . n~[ Cash and cash cqw"alents L S gO"C'%'TUlle'nt secunTlts . pJedgt'd IU\iest:ments S\.lbscnb<:r rC'cc1\.ables - net Pr"1'aJd ..penses illld otb" ",,""IS. nel Inves=m UI and amounlS elue from Olympus Rfl.uc-d pm)' rc:celvablc'i . ocr To...1 S 1.207,655 1,029,159 398.644 58,054 196,893 53,911 114,625 191.408 44.108 $ 3,194,457 Scp:C':"..lt:er ~O 1999 ') L;~;'r5 1.153.70. 393,191 29,451 143,644 9-.154 16-;,06~ 54: ,461 96,611 S 4,941,361 LIABILITIES. PREFERRED STOCK COMMO" STOCK A!'<D OTHER STOCKHOLDERS' fOUlTY IDEFICIF.~CY), SubsidlAJ')' debc S 1,717,240 $ 1.561.83. Parent debt 1,810,212 2.406,342 Accounts payable 96,985 96,240 Sub,cnber ad,llIlCc pajllllCoI' and el<poSlTS 19.317 20,133 Accrued ultl:'rest and other liabilitIes 137,131 136.925 D<:fmcel meow t.1xes 109.609 ;02.946 T olal It.biliaes 3,890,554 4,324,424 ~lIlunf>' UltC'r~su 48.784 4,133 Adelphia aUSUleSS Soluuons !l.edeemable E,,<I11IIl~eab1c PrcfelTeel SIOC. 128.674 252.261 1 3 % Serio< a Cumulati_c kdeemable E"chao&~.b1c Pt<ferreel Stock 148,191 :48.320 CommHmonr, ,.ruJ connogenc,.. (Nore 8) Conv~rt1blc:' prcfc-rred Stock. common sruck aDd other slocl<holde,,' equIty (eldicleIlcy)' 8 1/8% S.rlOs C cOIl><rublc prefened STock (5100,000 llquidaaon preference) 1 5 111% Sencs D cOIl'.rub~ preferred stock (5575,000 llqwdauon prelCroncc) 29 Cia" A common STOC', $.01 par val~, 200,000,000 shares allrhorizod, 31.258,843 aod 51,41~.867 ,bares lSSllCd,lc5peCll>ely 313 514 Class B common 'Ioel<. $.01 par value, 25,000,000 shares authon2ed, 10,834,476 shar.. ISSlIed Olld OUISllU1<liDg 1O~ 108 Adelmonal palel-ID caplt.11 738.102 2.302,444 A,-cumuJateel delicll ( 1,760,270) ( 1.883,560) Class A common srocl: held III C'CTO'" 158,099) TreasUT)> STOC'. II COSI, 0 aod 1,091,524 shares of Class A commnIl stock and o aoel 20,000 shares of 8 1/8% Sene. C coov.rtlb~ prdi:ned Sloel<. respecnvely (149.213) COllveruble pr~t<lTcd .lOCl<. cOll1lllOn SIOCI: aod other stoclcholelers' eqwry lddicicncy) (l,021.74b) 212,124 TOla1 $ 3.294,457 $ 4,941.362 SC'e DOles to condl-w:ed consohdatcd fin.aOC131 St,3temt'DU. 3 2000-11 0 .AJ)ELPHL'I. COM,\.flI:\ilCATIO:-;S CORPORA nON A.'ID SUISIDlARJES CO:-.iDf.!'SED CONSOLIDATED STATEMENTS Of OI'ERAT10~S (t:naud.<<JI (Dollars in thousa.a.~. rx.l:cpt ~ share amoucb) TIu-ee Months Ended ~':I11~ ~lonth~ Ence.:i September 30. Stp!<:mbcr 30. 1~9~ 1999 1998 1999 Re\"e::w~s S 169,387 S 240,320 5 452.680 S 672'; :4 Opera~ expellSCs: Dltect opcnu.c~ and pro~rlIlllllUlG 56,S95 79.623 150.697 ~;9 553 S<-llm!!l:. gC'D.eral and Jdnwustn.ove 33,043 75.303 87,800 1 S6.U30 Depr~cwoon and amolt12:lnou 46.083 65.639 125,113 1S6,l90 Total 1:15721 220.565 36' 610 59i.7-3 ap.",oog mcome 33 666 19,755 89,070 81.041 Othrr ",come (e~pense). PnOnt~ ",,,sanent mcome from Olyrcpus 12,000 12,000 36,000 36.000 Other income 113 UlJ InureSl expcZUC' . Dc't (63.317) (59,976) (1"',625) (191."59) EqUlll' In loss ofOlyrcpus and olber JOIDt ventures (14,803 ) (22,305) (49,158) (60,HO) Eqult) mloss of AdelphU Su~uness SolunoQ5 JOUlt ventureS (2.614) (246) (9,487) ( 7)401 Minority lDtc:-te:.t in net losses of SUbSlcbu1.:s 8,543 12,755 14,003 38,815 .'\delphll BUSUlC'SS Soluaons prefel1'cd suxk. di\ldends (7,166) (8,108) (20,806) (23.537) Ga,1Il on ~Ie of lllvesrmcnt I 520 2.354 Tot>1 (67.244) (65,880) (212.6431 (205.757) 1.os5 before UlCO,,", taxC$ and exttaordmary loss (33,578) (46,125) (123.573) (124.716) Inco",", tax (expe""') bcnefil (852) 3,580 10,927 7626 Loss before extraotdUW'y Jo:.:s (34,430) (42,545) 012,646) (117.090) EXll:.orWnary 10" on e.rl~ retirement of debl fl.733) (4.337) 110.027) N~r toss (36,163) (42,545) 1116,983) 1127,117) DI"'ldmd requuement$ appul.:Mbli: to preferred. stock (6.906) 114.332) 120.66-+1 (27.3321 Netlo5S apphcable to common slOCkholder.; $ (43.0691 $ (56,877) $ (137.6471 S ( 1540449) a.Slc and dIluted nelloss p<T ..elgluod avenae share of common slock before eXll1lOrcbnary loss S (1.16) $ (095) $ (4.12) $ (2.56) auic and diluted exttaorduw} 10.. on early retirement of debt per ..elghted avcngc sbarc of common slOck (0051 10131 (0181 aos" and diluted ner loss per ""'Kllled avenj:e share of coavnon Stock. S fl 21) $ (0,95) S (4,251 $ (2 i~) W(I~lcJ s"'C'ra~e sAans of C'ommon ;ux:k oUlSW1dlOg ("' tbouSOllds) 35 533 60.163 32.418 56,329 See llOtCS to condensed consohdared f=w statements. 4