Common use of Accounts Payable and Accrued Expenses Clause in Contracts

Accounts Payable and Accrued Expenses. Accounts payable and accrued expenses consist of the following at December 31: 1999 ---- 1998 ---- Accounts payable......................................... $112,233 $ 7,439 Liability for pending transfer of cable system........... 88,200 -- Accrued interest......................................... 85,870 30,809 Programming costs........................................ 72,245 11,856 Capital expenditures..................................... 66,713 15,560 Franchise fees........................................... 46,524 12,534 Accrued general and administrative....................... 39,648 6,688 Accrued income taxes..................................... 4,188 15,205 Other accrued liabilities................................ 191,154 -------- $706,775 ======== 27,495 -------- $127,586 ======== The liability for pending transfer of cable system represents the fair value of a cable system to be transferred upon obtaining necessary regulatory approvals in connection with the transaction with InterMedia Capital Partners IV L. P., InterMedia Partners and their affiliates. Such approvals were subsequently obtained and the system assets were transferred in March 2000. 92

Accounts Payable and Accrued Expenses. Accounts payable and accrued expenses consist of the following at December 31: 2000 ---------- 1999 ---- 1998 ---- -------- Accounts payable......................................... ..................................... $ 365,140 $112,233 $ 7,439 Capital expenditures................................. 281,142 66,713 Accrued interest..................................... 212,958 85,870 Programming costs.................................... 120,035 72,245 Accrued general and administrative................... 75,421 39,648 Franchise fees....................................... 53,494 46,524 Liability for pending transfer of cable system........... ....... -- 88,200 -- Accrued interest......................................... 85,870 30,809 Programming costs........................................ 72,245 11,856 Capital expenditures..................................... 66,713 15,560 Franchise fees........................................... 46,524 12,534 Accrued general and administrative....................... 39,648 6,688 Accrued income taxes..................................... 4,188 15,205 Other accrued liabilities................................ 191,154 -------- expenses............................... 259,044 ---------- $706,775 1,367,234 ========== 27,495 195,342 -------- $127,586 706,775 ======== The liability for pending transfer of cable system represents the fair value of a cable system to be transferred upon obtaining necessary regulatory approvals in connection with the transaction with InterMedia 82 Capital Partners IV L. P., InterMedia Partners and their affiliates. Such approvals were subsequently obtained and the system system's assets were transferred in March 2000. 92.