-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JtYZRDDAlF3fuZkKimx/KCUwrOYKkD+WR8ne14ss7TlJzIxc3e5cTP2FNLDiK/mT 7m//1c+0kTyPO0LhKd4f9Q== 0000861255-03-000004.txt : 20030501 0000861255-03-000004.hdr.sgml : 20030501 20030501170246 ACCESSION NUMBER: 0000861255-03-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030425 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20030501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLYMPUS COMMUNICATIONS LP CENTRAL INDEX KEY: 0000861255 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 251622615 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-19327 FILM NUMBER: 03677492 BUSINESS ADDRESS: STREET 1: 1 NORTH MAIN STREET STREET 2: . CITY: COUDERSPORT STATE: PA ZIP: 16915-1141 BUSINESS PHONE: 8142749830 MAIL ADDRESS: STREET 1: 1 NORTH MAIN STREET STREET 2: . CITY: COUDERSPORT STATE: PA ZIP: 16915-1141 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OLYMPUS CAPITAL CORP CENTRAL INDEX KEY: 0000754019 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 232868925 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-19327-01 FILM NUMBER: 03677493 BUSINESS ADDRESS: STREET 1: 1 NORTH MAIN STREET STREET 2: . CITY: COUDERSPORT STATE: PA ZIP: 16915-1141 BUSINESS PHONE: 8142749830 MAIL ADDRESS: STREET 1: 1 NORTH MAIN STREET STREET 2: . CITY: COUDERSPORT STATE: PA ZIP: 16915 8-K 1 sub8k20030331.htm Subsidiary 8-K 03/31/2003

SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

Current Report

Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934



Date of Report (date of earliest event reported): April 25, 2003

OLYMPUS COMMUNICATIONS, L.P.
OLYMPUS CAPITAL CORPORATION
FRONTIERVISION OPERATING PARTNERS, L.P.
FRONTIERVISION CAPITAL CORPORATION
FRONTIERVISION HOLDINGS, L.P.
FRONTIERVISION HOLDINGS CAPITAL CORPORATION
FRONTIERVISION HOLDINGS CAPITAL II CORPORATION
ARAHOVA COMMUNICATIONS, INC.
(Exact name of registrants as specified in its charter)


Delaware 333-19327 25-1622615
Delaware 333-19327-01 23-2868925
Delaware 333-9535 84-1316775
Delaware 333-9535-01 84-1353734
Delaware 333-36519 84-1432334
Delaware 333-36519-01 84-1432976
Delaware 333-75567-01 84-1481765
Delaware 0-16899 25-1844576
(State or other jurisdiction of incorporation) (Commission File Numbers) (IRS Employer Identification Nos.)

One North Main Street — Coudersport, PA 16915-1141
(Address of principal executive offices) (Zip Code)

Registrants’ telephone number, including area code (814) 274-9830


Item 9. Regulation FD Disclosure

        On April 25, 2003, Adelphia Communications Corporation (the “Company”) and certain other debtor-in-possession subsidiaries of the Company, including the registrants, filed their monthly operating report for the month of March 2003 (the “Operating Report”) with United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”). Exhibit 99.1 to this Current Report on Form 8-K contains the unaudited consolidated financial statements and the bankruptcy court reporting schedules of the Operating Report as filed with the Bankruptcy Court.

        The registrants caution readers not to place undue reliance upon the information contained in the Operating Report, which contains unaudited information, and is in a format prescribed by the applicable bankruptcy laws. The Operating Report is subject to revision. The Operating Report also contains information for periods, which may be shorter or otherwise different from those contained in the registrants’ reports pursuant to the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Limitation on Incorporation by Reference

        In accordance with general instruction B.2 of Form 8-K, the information in this report (including the Operating Report furnished as an exhibit) is furnished pursuant to Item 9 and shall not be deemed to be “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to liabilities of that section. Nor shall such information be deemed incorporated by reference in any filingunder the Securities Act of 1933, as amended (the “Securites Act”), except as shall be expressly set forth in such filing. This report will not be deemed an admission as to the materiality of any information in the report that is required to be disclosed solely by Regulation FD.

Cautionary Statement Regarding Financial and Operating Data

         As a result of actions taken by management of the Company during the time the Company was controlled by the Rigas family: (a) the Company has not yet completed its financial statements as of or for the years ended December 31, 2001 and December 31, 2002, or received its independent public accountants’ report thereon or filed with the Securities and Exchange Commission (the “Commission”) its Annual Report on Form 10-K for the years ended December 31, 2001 and December 31, 2002; (b) the Company’s former independent public accountants, Deloitte & Touche LLP, suspended their auditing work on the Company’s financial statements as of and for the year ended December 31, 2001 and withdrew their audit report with respect to the year ended December 31, 2000; (c) the Company has not yet completed its financial statements as of and for the three months ended March 31, 2002, June 30, 2002 or September 30, 2002, or filed with the Commission its Quarterly Report on Form 10-Q for the quarters ended March 31, 2002, June 30, 2002 and September 30, 2002; and (d) the Company expects to restate its financial statements for the years ended December 31, 1999 and 2000, and its interim financial statements for 2001 and possibly other periods. On June 13, 2002, the Company’s Board of Directors retained PwC as independent accountants. Effective March 18, 2003, the Company appointed William Schleyer to serve as its new Chief Executive Officer and Ronald Cooper to serve as its new President and Chief Operating Officer. The new Chief Executive Officer replaced the Interim Chief Executive Officer, who replaced Rigas management and took control of the Company in May 2002. At this time, management has not completed its review of the Company’s books and records and PwC has not completed the audits for the years ended December 31, 2002, 2001, 2000 and 1999. As a result of certain actions of Rigas management that the Company has previously disclosed, the Company is unable to predict at this time when such financial statements will be completed. In addition, current management believes that the public information provided by Rigas management on other matters of interest to investors, such as the Company’s rebuild percentage (the percentage of the Company’s cable television systems that the Company believes have been upgraded to current standards), was unreliable. As a result, the Company anticipates that it may have to supplement the financial and other information contained in this Form 8-K and that such supplemental information may be material.

2


Cautionary Statement Regarding Forward Looking Statements

        This document includes forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. All statements regarding the Company’s expected future financial position, results of operations, cash flows, restructuring and financing plans, business strategy, budgets, projected costs, capital expenditures, competitive positions, growth opportunities, plans and objectives of management for future operations and statements that include words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements. Such forward-looking statements are inherently uncertain, and readers must recognize that actual results may differ from the Company’s expectations. The Company does not undertake a duty to update such forward-looking statements.

         Actual future results and trends for the Company may differ materially depending on a variety of factors discussed in the Company’s filings with the Commission, including its recently filed Current Reports on Form 8-K, the most recently filed Quarterly Report on Form 10-Q, the Annual Report on Form 10-K for the year ended December 31, 2000, and the most recent prospectus supplement filed under Registration Statement No. 333-64224, under the section entitled “Risk Factors” contained therein. Factors that may affect the plans or results of the Company include, without limitation: (a) the Company’s filing of a petition for relief under Chapter 11 of the United States Bankruptcy Code; (b) the results of litigation against the Company including the recently filed civil complaint by the Commission and the potential for a criminal indictment of the Company; (c) the effects of government regulations and the actions of local cable franchise authorities; (d) the availability of debtor-in-possession financing and surety bonds to support the Company’s operations; (e) the results of the Company’s internal investigation and the matters described above under “Cautionary Statement Regarding Financial and Operating Data”; (f) actions of the Company’s competitors; (g) the pricing and availability of equipment, materials, inventories and programming; (h) product acceptance and customer spending patterns; (i) the Company’s ability to execute on its business plans, to provide uninterrupted service to its customers and to conduct, expand and upgrade its networks; (j) technological developments; (k) matters relating to or in connection with the bankruptcy filing and proceedings of Adelphia Business Solutions, Inc.; (l) changes in general economic conditions and/or economic conditions in the markets in which the Company may, from time to time, compete; (m) the movement of interest rates and the resulting impact on the Company’s interest obligations with respect to its pre-petition bank debt; and (n) the delisting of Adelphia Communication Corporation’s common stock by Nasdaq. Many of such factors are beyond the control of the Company and its current management.

3


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: May 1, 2003 OLYMPUS COMMUNICATIONS, L.P. (Registrant)

By: ACC OPERATIONS, INC.,
 its Managing General Partner

 By: /s/ Scott Macdonald
        Scott Macdonald
        Senior Vice Presidient
           and Chief Accounting Officer


OLYMPUS CAPITAL CORPORATION (Registrant)

 By: /s/ Scott Macdonald
        Scott Macdonald
        Senior Vice Presidient
           and Chief Accounting Officer


 FRONTIERVISION OPERATING PARTNERS, L.P. (Registrant)

 By: FRONTIERVISION HOLDINGS, L.P.,
       its General Partner

     By: FRONTIERVISION PARTNERS, L.P.,
            its General Partner

            By: ADELPHIA GP HOLDINGS, L.L.C., its
                  General Partner

                  By: ACC OPERATIONS, INC., its Sole
                         Member

                       By: /s/ Scott Macdonald
                           Scott Macdonald
                           Senior Vice Presidient                               and Chief Accounting Officer

FRONTIERVISION CAPITAL CORPORATION (Registrant)

By: /s/ Scott Macdonald
     Scott Macdonald
     Senior Vice President
       and Chief Accounting Officer

FRONTIERVISION HOLDINGS, L.P., (Registrant)

    By: FRONTIERVISION PARTNERS, L.P.,
           its General Partner

           By: ADELPHIA GP HOLDINGS, L.L.C., its
                 General Partner

                 By: ACC OPERATIONS, INC., its Sole
                        Member

                 By: /s/ Scott Macdonald
                   Scott Macdonald
                   Senior Vice President
                     and Chief Accounting Officer



FRONTIERVISION HOLDINGS CAPITAL CORPORATION (Registrant)

    By: /s/ Scott Macdonald
     Scott Macdonald
     Senior Vice President
       and Chief Accounting Officer



FRONTIERVISION HOLDINGS CAPITAL II CORPORATION
(Registrant)

    By: /s/ Scott Macdonald
     Scott Macdonald
     Senior Vice President
       and Chief Accounting Officer

  ARAHOVA COMMUNICATIONS, INC. (Registrant)

  By: /s/ Scott Macdonald
     Scott Macdonald
     Senior Vice President
       and Chief Accounting Officer

4


FRONTIERVISION CAPITAL CORPORATION (Registrant)

By: /s/ Scott Macdonald
  Scott Macdonald
  Senior Vice President
    and Chief Accounting Officer

FRONTIERVISION HOLDINGS, L.P., (Registrant)

    By: FRONTIERVISION PARTNERS, L.P.,
           its General Partner

           By: ADELPHIA GP HOLDINGS, L.L.C., its
                 General Partner

                 By: ACC OPERATIONS, INC., its Sole
                        Member

                 By: /s/ Scott Macdonald
                   Scott Macdonald
                   Senior Vice President
                     and Chief Accounting Officer



FRONTIERVISION HOLDINGS CAPITAL CORPORATION (Registrant)

    By: /s/ Scott Macdonald
      Scott Macdonald
      Senior Vice President
        and Chief Accounting Officer



FRONTIERVISION HOLDINGS CAPITAL II CORPORATION
(Registrant)

    By: /s/ Scott Macdonald
      Scott Macdonald
      Senior Vice President
        and Chief Accounting Officer

  ARAHOVA COMMUNICATIONS, INC. (Registrant)

  By: /s/ Scott Macdonald
    Scott Macdonald
    Senior Vice President
      and Chief Accounting Officer

5


EXHIBIT INDEX

Exhibit No. Description

99.1 Monthly Operating Report for the period ended March 31, 2003, dated April 25, 2003.

6

EX-99 3 acc20030331mor.htm ACC 03/31/2003 MOR

UNITED STATES BANKRUPTCY COURT
SOUTHERN DISTRICT OF NEW YORK

Case No. 02-12834 and 02-41729 through 02-41957*
Chapter 11

ADELPHIA COMMUNICATIONS CORPORATION, et al.
(Name of Debtors)

Monthly Operating Report for
the period ended March 31, 2003 **

Debtors' Address:
One North Main Street
Coudersport, PA 16915

Willkie Farr & Gallagher
(Debtors' Attorneys)


Monthly Operating Loss: $11,371
($ in thousands)

Report Preparer:

The undersigned, having reviewed the attached report and being familiar with the Debtors' financial affairs, verifies under the penalty of perjury, that the information contained therein is complete, accurate and truthful to the best of my knowledge.**

Date: April 25, 2003

  /s/ Vanessa A. Wittman
  Vanessa A. Wittman
  Chief Financial Officer



Indicate if this is an amended statement by checking here

AMENDED STATEMENT_____

* Refer to Schedule VI for a listing of Debtors by Case Number

**All amounts herein are preliminary and subject to revision. The Debtors reserve all rights to revise this report.


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
UNAUDITED CONSOLIDATED BALANCE SHEET
(Dollars in thousands, except per share amounts)
March 31,
2003

ASSETS:        
Cash and cash equivalents   $ 432,463  
Restricted cash    45,730  
Subscriber receivables - net    207,238  
Prepaid expenses and other assets - net    508,232  
Investments    24,508  
Intercompany receivables    27,365,898  
Related party receivables    1,850,800  
Property, plant and equipment - net    7,107,277  
Intangible assets - net    15,450,791  

     Total assets   $ 52,992,937  

LIABILITIES AND STOCKHOLDERS' EQUITY:  
Accounts payable   $ 215,383  
Subscriber advance payments and deposits    98,007  
Accrued interest and other liabilities    357,440  
Intercompany payables    324,851  
Related party payables    84,025  
Parent and subsidiary debt    276,927  
Deferred income taxes    2,004,578  

     3,361,211  

Liabilities subject to compromise:  
   Parent and subsidiary debt    13,421,600  
   Parent and subsidiary debt under co-borrowing credit facilities    2,846,156  

      16,267,756  

   Accounts payable
    1,124,979  
   Accrued interest and other liabilities    385,508  
   Intercompany payables    27,037,993  
   Related party payables    1,360,970  

       Total liabilities subject to compromise    46,177,206  

         Total liabilities    49,538,417  

Minority interests    559,229  

Cumulative redeemable exchangeable preferred stock    148,794  

Stockholders' equity:  
   Convertible preferred stock    397  
   Class A and Class B common stock, $.01 par value, 1,500,000,000 shared authorized,  
      254,842,461 shares issued and outstanding    2,548  
   Additional paid-in capital    9,460,346  
   Accumulated other comprehensive loss    (7,062 )
   Accumulated deficit    (3,714,175 )
   Treasury stock, at cost    (149,401 )

     5,592,653  
Amounts due from Rigas family entities under co-borrowing credit facilities    (2,846,156 )

      Total stockholders' equity    2,746,497  

          Total liabilities and stockholders' equity   $ 52,992,937  

The accompanying notes are an integral part of these unaudited consolidated financial statements.

2


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share amounts)

For the
Month Ended
March 31, 2003

For the Nine
Months Ended
March 31, 2003

Revenue     $ 287,124   $ 2,517,282  
Cost and expenses:  
   Direct operating and programming    137,930    1,126,674  
   Selling, general and administrative    71,864    557,896  
   Depreciation and amortization    76,760    677,206  
   Impairment of long-lived and other assets    --    72,134  
   Non-recurring professional fees    3,147    39,402  
   Estimated provision for accounting changes    2,000    57,000  


        Operating loss before reorganization expenses  
           due to bankruptcy    (4,577 )  (13,030 )
Reorganization expenses due to bankruptcy    6,794    59,386  


Operating loss    (11,371 )  (72,416 )


Other (expense) income:  
   Interest expense - net    (32,937 )  (303,152 )
   Minority interest in losses of subsidiaries - net    1,438    2,786  
   Other-than-temporary impairment of investments and other assets    (37,922 )  (183,010 )
   Loss on sale of assets    --    (1,551 )
   Other    (254 )  1,794  


     Total    (69,675 )  (483,133 )


Net loss applicable to common stockholders   $ (81,046 ) $ (555,549 )


Net loss per weighted average share outstanding - basic and diluted   $ (0.32 ) $ (2.19 )


Weighted average shares outstanding (in thousands) - basic and diluted    253,748    253,748  


The accompanying notes are an integral part of these unaudited consolidated financial statements.

3


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS
(Dollars in thousands)

For the
Month Ended
March 31, 2003

For the Nine
Months Ended
March 31, 2003

Cash flows from operating activities:            
  Net loss   $ (81,046 ) $ (555,549 )
     Adjustments to reconcile net loss to net cash  
      provided by operating activities:  
     Depreciation and amortization    76,760    677,206  
    Impairment of long-lived and other assets    --    72,134  
    Other-than-temporary impairment of investments  
       and other assets    37,922    183,010  
     Minority interest in losses of subsidiaries    (1,438 )  (2,786 )
     Loss on sale of assets    --    1,551  
     Reorganization expenses due to bankruptcy    6,794    59,386  
    Non-recurring professional fees, net of amounts paid    874    12,499  
     Change in assets and liabilities:  
         Subscriber receivables - net    (5,742 )  3,100  
         Prepaid expenses and other assets - net    18,026    (24,100 )
         Accounts payable    4,878    252,579  
         Subscriber advance payments and deposits    9,870    20,175  
         Accrued interest and other liabilities    10,872    43,372  
      Intercompany receivables and payables - net    (1,138 )  10,098  


Net cash provided by operating activities before  
   payment of reorganization expenses    76,632    752,675  
Reorganization expenses paid during the period    (6,289 )  (36,907 )


Net cash provided by operating activities    70,343    715,768  


Cash flows from investing activities:  
   Expenditures for property, plant and equipment    (65,761 )  (499,061 )
   Acquisitions    --    (149 )
   Investments in other joint ventures    --    (740 )
   Related party receivables and payables - net    2,750    (13,526 )


Net cash (used in) investing activities    (63,011 )  (513,476 )


Cash flows from financing activities:  
   Proceeds from debt    --    200,000  
   Payments of debt    (2,360 )  (20,322 )
   Payment of debtor in possession bank financing costs    --    (47,544 )


Net cash (used in) provided by financing activities    (2,360 )  132,134  


Increase in cash and cash equivalents    4,972    334,426  
Cash and cash equivalents, beginning of period    473,221    143,767  


Cash and cash equivalents, end of period   $ 478,193   $ 478,193  


The accompanying notes are an integral part of these unaudited consolidated financial statements.

4


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS
(Dollars in thousands)

1. Organization, Business and Proceedings under Chapter 11

        Adelphia Communications Corporation and subsidiaries (“Adelphia” or the “Company”) owns, operates and manages cable television systems and other related telecommunications businesses. Adelphia’s operations consist primarily of selling video programming, which is distributed to subscribers for a monthly fee through a network of fiber optic and coaxial cables. These services are offered in the respective franchise areas under the name Adelphia. Cable systems owned by Adelphia (the “Company Systems”) are located in 29 states and Puerto Rico, with strategic clusters in Los Angeles, PONY (Western Pennsylvania, Ohio and Western New York), New England, Florida, Virginia and Colorado Springs.

        Solely for the purposes of the accompanying unaudited consolidated financial statements, the accounts of Adelphia, including its majority-owned subsidiaries and subsidiaries that are at least 50% owned and controlled by Adelphia, are included with the exception of those subsidiaries/entities who did not file voluntary petitions under Chapter 11 (“Chapter 11”) of the U.S. Bankruptcy Code (the “Non-Filing Entities”) and Century-ML Cable Venture (“CMLCV”), a joint venture of which Adelphia is the Managing partner and whose bankruptcy filing is administered separately. The accompanying unaudited consolidated financial statements do not include any entities owned and/or controlled by the John J. Rigas family (the “Rigas family” or “Rigas Entities”). The Non-Filing Entities as of March 31, 2003 include Palm Beach Group Cable, Inc., Palm Beach Group Cable Joint Venture, Century-ML Cable Corporation, Praxis Capital Ventures, L.P., St. Mary’s Television, Inc., STV Communications and Main Security Surveillance, Inc. As of and for the month ended March 31, 2003, the Non-Filing Entities were not significant to the consolidated results of operations, financial position, or cash flows of the filing entities.

        TelCove, Inc. and subsidiaries (formerly known as Adelphia Business Solutions, Inc., “Adelphia Business Solutions”) was a consolidated subsidiary of Adelphia as of December 31, 2001. Adelphia Business Solutions owns, operates and manages entities which provide competitive local exchange carrier (“CLEC”) telecommunications services under the name Adelphia Business Solutions. On January 11, 2002, the Company distributed in the form of a dividend, all of the shares of common stock of Adelphia Business Solutions owned by Adelphia to holders of Adelphia’s Class A and Class B common stock (the “Spin-off”). As a result of the Spin-off, the Rigas family holds a majority of the total voting power of Adelphia Business Solutions common stock. The distribution of Adelphia Business Solutions common stock was recorded on the date of the Spin-off. Accordingly, the accompanying unaudited consolidated financial statements do not include the accounts of Adelphia Business Solutions as of March 31, 2003 and for the period from July 1, 2002 through March 31, 2003.

Bankruptcy Proceedings

        On June 25, 2002, Adelphia and all of its wholly-owned subsidiaries (including Century Communications Corporation (“Century”) which filed on June 10, 2002) (all filing entities herein known as the “Debtors”) except for the Non-Filing Entities and CMLCV which filed on September 30, 2002 (see Note 18) filed voluntary petitions to reorganize under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York (the “Bankruptcy Court”). The Debtors are operating their business as debtors-in-possession. On July 11, 2002, the Office of the United States Trustee for the Southern District of New York (the “U.S. Trustee”) appointed a statutory committee of unsecured creditors (the “Creditors’ Committee”). In addition, on July 31, 2002 the U.S. Trustee appointed a statutory committee of equity holders (the “Equity Committee” and collectively with the Creditors’ Committee, the “Committees”). The Committees have the right to, among other things, review and object to certain business transactions and may participate in the formulation of the Company’s long-term business plan and plan of reorganization. By order dated October 25, 2002, the Court granted the Company’s request for an extension of the exclusive period within which to file a plan or plans of reorganization and solicit acceptances thereof, through February 21, 2003 and April 21, 2003, respectively. By order dated March 20, 2003, the Court granted the Company’s second request for an extension of the exclusive period within which to file a plan or plans of reorganization and solicit acceptances thereof through June 20, 2003 and August 21, 2003, respectively.

5


Bankruptcy Costs and Fees

        In connection with the effectiveness of a plan or plans of reorganization, the Company will incur certain costs and fees. Certain of these expenses will be due once the plan of reorganization is approved by the Bankruptcy Court and include cure costs, financing fees and success fees. The Company is currently aware of certain success fees that potentially could be paid to representatives of the Company and Committees upon the Company’s emergence from bankruptcy. Currently, these contingent fees are estimated to be approximately $20,000. As no plan or plans of reorganization have been confirmed by the Bankruptcy Court, no accrual for such amounts has been recorded in the accompanying unaudited consolidated financial statements.

Basis of Presentation

        Until a plan or plans of reorganization is confirmed by the Bankruptcy Court, the unaudited consolidated financial statements of the Company have been prepared using guidance prescribed by the American Institute of Certified Public Accountants’ (“AICPA”) Statement of Position 90-7 “Financial Reporting by Entities in Reorganization Under the Bankruptcy Code” (“SOP 90-7”) and generally accepted accounting principles in the United States of America (“GAAP”). These unaudited consolidated financial statements are not intended to present fairly the financial position of the Company as of March 31, 2003, or the results of its operations or its cash flows for the one and nine month periods ended March 31, 2003 in conformity with GAAP because the accompanying unaudited consolidated financial statements exclude the financial position, results of operations and cash flows of the Non-Filing entities and CMLCV. Furthermore, the accompanying unaudited consolidated financial statements do not include all of the information and footnote disclosures required by GAAP for complete financial statements.

        The accompanying unaudited consolidated financial statements of the Company have been prepared on a going concern basis, which assumes the realization of assets and the payment of liabilities in the ordinary course of business, and do not reflect any adjustments that might result if the Company is unable to continue as a going concern. As a result of the reorganization proceedings under Chapter 11, the Company may take, or may be required to take, actions which may cause assets to be realized, or liabilities to be liquidated, for amounts other than those reflected in the accompanying unaudited consolidated financial statements.

        SOP 90-7 requires that pre-petition liabilities that are subject to compromise be segregated in the unaudited consolidated balance sheet as liabilities subject to compromise and that revenue, expenses, realized gains and losses, and provisions for losses resulting directly from the reorganization due to the bankruptcy be reported separately as reorganization expenses in the unaudited consolidated statement of operations. See Note 5 to these unaudited consolidated financial statements for further discussion.

        As a result of the Company’s recurring losses, the Chapter 11 filing and circumstances relating to these events (including the Company’s debt structure), actions taken by Rigas management and current economic conditions, realization of assets and liquidation of liabilities are subject to significant uncertainty. In order to provide liquidity through June 2004, the Company entered into an Amended and Restated Credit and Guaranty Agreement dated as of August 26, 2002, as amended, with a group of lenders led by JP Morgan Securities, Inc. and Salomon Smith Barney, Inc. as Co-Lead Arrangers, for a Debtor-in-Possession Credit Facility (the “DIP Facility” or “DIP Lenders”). See Note 2 to these unaudited consolidated financial statements for further discussion. The Company believes that cash flows from operations, along with the financing provided through the DIP Facility, should allow the Company to continue as a going concern; however, there can be no assurance of this. The Company’s ability to continue as a going concern is also dependent upon its ability to maintain compliance with covenants under the DIP Facility and the ability to generate sufficient cash flow from operations and financing sources to meet its obligations as they become due. In the event a Chapter 11 plan or plans of reorganization is confirmed by the Bankruptcy Court and becomes effective, continuation of the Company’s business thereafter will be dependent on the Company’s ability to achieve positive operating results and maintain satisfactory capital and liquidity. Until a plan or plans of reorganization is confirmed by the Bankruptcy Court and becomes effective, there can be no assurance that the Company will emerge from these bankruptcy proceedings. Furthermore, the effect on the Company’s business from the terms and conditions of such a plan or plans of reorganization cannot be determined at this time and, therefore, also raises substantial doubt regarding the Company’s ability to continue as a going concern.

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        The accompanying unaudited consolidated financial statements have been derived from the books and records of the Company. However, certain financial information has not been subject to procedures that would typically be applied to financial information presented in accordance with GAAP. Upon the application of such procedures (i.e., tests for asset impairment), the Company believes that the financial information of the Debtors will be subject to changes, and these changes could be material. The Company’s intangible assets primarily consist of purchased franchises and goodwill that resulted from the allocation of the purchase price of previously acquired cable systems. In accordance with Statement of Financial Accounting Standards (“SFAS”) No. 142, “Goodwill and Other Intangible Assets”, the Company discontinued amortizing its purchased franchise and goodwill intangibles as of January 1, 2002. SFAS No. 142 requires testing for impairment annually of goodwill and indefinite-lived intangible assets (i.e., purchased franchise intangibles), or more frequently as warranted by events or changes in circumstances. At this time, the Company has not completed its impairment test of its purchased franchise and goodwill intangible assets. Any adjustment, as a result of an analysis performed in accordance with SFAS No. 142, may have a material impact on the Company’s financial statements. Additionally, the Company has not completed its adoption of SFAS No. 144, “Accounting for the Impairment or Disposal of Long-Lived Assets”, which addresses the financial accounting and reporting for the impairment of long-lived assets and long-lived assets to be disposed of. Once the Company has completed its adoption of SFAS No. 144, an adjustment to the financial statements may be required and this adjustment may be material to the financial statements. Furthermore, the Company disclosed in its Current Report on Form 8-K, dated June 10, 2002, that it believes that certain financial information reported by Rigas management was unreliable. As such, the books and records of the Company from which the accompanying unaudited consolidated financial statements of the Debtors are derived may not accurately reflect the financial condition, results of operations and cash flows of the Debtors.

        The Company is reviewing its books and records and other information on an on-going basis to determine whether the accompanying unaudited consolidated financial statements of the Debtors should be supplemented or otherwise amended. The Company reserves the right to file, at any time, such supplements or amendments to these accompanying unaudited consolidated financial statements. These accompanying unaudited consolidated financial statements should not be considered an admission regarding any of the Debtors’ income, expenditures or general financial condition, but rather, a current compilation of the Debtors’ books and records. The Company does not make, and specifically disclaims, any representation or warranty as to the completeness or accuracy of the information set forth herein.

        All significant intercompany accounts have been presented gross for purposes of these unaudited consolidated financial statements and accordingly, have not been eliminated in consolidation. GAAP would require that these intercompany balances be eliminated in consolidation. See Note 8 to these unaudited consolidated financial statements for further discussion.

        As previously stated, certain footnote disclosures normally included in unaudited consolidated financial statements prepared in accordance with GAAP have been condensed or omitted. In the opinion of management, all disclosures considered necessary for an informative presentation have been included herein. For further information, refer to the consolidated financial statements and footnotes thereto included in the Company’s Annual Report on Form 10-K as of and for the year ended December 31, 2000. As further discussed in Dismissal of Former Independent Public Accountants below, PricewaterhouseCoopers, LLP (“PwC”), the Company’s independent accountants, has not completed its audit as of and for the years ended December 31, 2002 and 2001 or its re-audits as of and for the years ended December 31, 2000 and 1999.

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Corrections in Accounting Policies and Practices

        Effective January 1, 2003, in order to comply with GAAP, the Company corrected many of its erroneous accounting policies and practices for Property, Plant and Equipment (“PP&E”) with respect to the accounting for capitalization of labor, labor-related expenses, certain overhead expenses, and certain materials used in the maintenance of its cable systems. Under Rigas management’s accounting policies and practices, labor and labor-related expenses for service calls and normal, ongoing maintenance to cable systems were being accounted for at least in substantial, if not in total part, as capitalized costs in PP&E. The Company has determined that these costs should be expensed as incurred, rather than capitalized, and has reflected such costs in the monthly unaudited consolidated statement of operations as expenses beginning January 1, 2003. The monthly impact to the unaudited consolidated statement of operations from the corrections in the Company’s erroneous accounting policies and practices for PP&E was estimated to be a net increase in expenses of approximately $9,000 in January 2003 as compared to the average of the July 2002 through December 2002 results in the unaudited consolidated statement of operations previously filed in Monthly Operating Reports with the Bankruptcy Court. The impact to the unaudited consolidated statement of operations in the future may vary based upon levels of activities.

        The total monthly impact to the unaudited consolidated statement of operations from these corrections in the Company’s erroneous accounting policies and practices for PP&E is estimated to be an increase in expenses of approximately $19,000 per month. However, as discussed in Note 13, the Company recorded an adjustment expensing approximately $21,000 for the period from July 1, 2002 through December 31, 2002 for costs erroneously capitalized under Rigas management’s accounting policies and practices. The adjustment recorded in December, which increases expenses by an average of approximately $3.5 million per month, is included in the increase in expenses of approximately $19,000, noted above. Furthermore, as discussed in Note 3, the Company has been recording an estimated provision for accounting changes of $8,500 per month since January 1, 2002, which offsets the $19,000 estimate. Based on the correction in the accounting policies and practices in PP&E, beginning on January 1, 2003, the Company has reduced the monthly estimated provision for accounting changes to $2,000 for estimated future accounting adjustments, including further adjustments in PP&E. There can be no assurance, however, that future adjustments will not be greater than such estimate.

        The Company has not completed its review of the Company’s historical books and records, accounting policies and practices, and financial statements, and is continuing its comprehensive evaluation of accounting policies and practices regarding PP&E, including the capitalization of costs in accordance with the provisions of SFAS No. 51, “Financial Reporting by Cable Television Companies”. The scope and magnitude of further corrections in erroneous accounting policies and practices including those related to PP&E has not been determined at this time; however, such corrections may result in further adjustments and these adjustments may be material. Furthermore, because the adjustments to the historical costs of PP&E have not yet been finalized, the Company is currently unable to determine the impact on depreciation expense attributable to these corrections for any period. The impact of any other further changes could be material.

Dismissal of Former Independent Public Accountants

        As disclosed in its Current Report on Form 8-K filed on June 14, 2002 as amended, the Company, on June 9, 2002, dismissed Deloitte & Touche LLP (“Deloitte”), its former independent public accountants.

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        As a result of actions taken by the former management of the Company, the Company (i) has not yet completed its financial statements as of and for the year ended December 31, 2002 or received its independent auditor’s report thereon or filed with the Securities and Exchange Commission (“SEC”) its Annual Report on Form 10-K as of and for the year ended December 31, 2002 and (ii) has not yet completed its financial statements as of and for the year ended December 31, 2001 or received its independent auditor’s report thereon or filed with the SEC its Annual Report on Form 10-K as of and for the year ended December 31, 2001. Furthermore, the Company has not timely filed its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2002, June 30, 2002 and September 30, 2002. As of the date Deloitte was dismissed as the Company’s independent accountants, Deloitte had not completed its audit nor issued its independent auditors’ report with respect to the Company’s financial statements as of and for the year ended December 31, 2001. As disclosed in a press release attached to its Current Report on Form 8-K filed on June 21, 2002, the Company announced that it had been advised by Deloitte, that based on the Company’s decision to restate the financial statements, Deloitte withdrew certifications of financial statements of the Company and its subsidiaries that Deloitte had issued since March 2001. On June 13, 2002, the Company’s Board of Directors retained PwC as independent accountants. Effective March 18, 2003, the Company appointed William Schleyer to serve as its new Chief Executive Officer and Ronald Cooper to serve as its new President and Chief Operating Officer. The new Chief Executive Officer replaced the Interim Chief Executive Officer, who, along with other members of the Company, took control of the Company in May 2002. The Company’s employment of William Schleyer and Ronald Cooper was approved by the Bankruptcy Court by Orders dated March 4, 2003 and March 7, 2003. The Company expects to restate its financial statements for the years ended December 31, 2000 and 1999 and its interim financial statements for 2001 and possibly other periods. At this time, management has not completed its review of the Company’s books and records and PwC has not completed the audits for the years ended December 31, 2002, 2001, 2000 and 1999. See Note 3 to these unaudited consolidated financial statements for further information.

        On November 6, 2002, the Company filed a lawsuit against Deloitte charging them with, among other charges, professional negligence, breach of contract, fraud and wrongful conduct. The Company is seeking compensation for all injury from Deloitte’s conduct, as well as punitive damages. Deloitte has filed preliminary objections to the complaint. The Company responded to such preliminary objections on April 1, 2003.

2. Debt and Other Obligations

        Due to the commencement of the Chapter 11 filings and the Company’s failure to comply with certain financial covenants, the Company is in default on substantially all of its pre-petition debt obligations. Except as otherwise may be determined by the Bankruptcy Court, the stay protection afforded by the Chapter 11 filings prevents any action from being taken with regard to any of the defaults under the pre-petition debt obligations. All of the pre-petition obligations are classified as liabilities subject to compromise in the accompanying consolidated balance sheet as of March 31, 2003. See Note 4 to these unaudited consolidated financial statements for further information.

DIP Facility

        In connection with the Chapter 11 filings, the Company entered into a $1,500,000 DIP Facility led by J.P. Morgan Securities, Inc. and Salomon Smith Barney, Inc. as Co-Lead Arrangers. The DIP Facility was approved by the Bankruptcy Court on August 23, 2002.  The DIP Facility expires on the earlier of June 25, 2004 or upon the occurrence of certain other events, including the effective date of a reorganization plan of any loan party that is confirmed pursuant to an order of the Bankruptcy Court (the “Termination Event”).  The debtor-in-possession commitment that Adelphia received can be used for general corporate purposes and investments, as defined in the agreement. The DIP Facility is secured with a first priority lien on all of Adelphia’s unencumbered assets, a priming first priority lien on all its assets securing its pre-petition bank debt, and a junior lien on all other assets subject to valid pre-existing liens.  The DIP Facility consists of a $1,300,000 revolving credit facility (the “Tranche A Loans”) and a $200,000 loan (the “Tranche B Loan”). Loans under the DIP Facility bear interest at the Alternate Base Rate (greatest of the Prime Rate, the Base CD Rate plus 1% or the Federal Funds Effective Rate plus .5%) plus 2.5% or LIBOR plus 3.5%.  On September 3, 2002, the Company closed on the DIP Facility and, as part of the closing, the proceeds from the Tranche B Loan in the amount of $200,000 were funded by the DIP Facility Lenders and transferred into credit-linked investment accounts maintained at JPMorgan Chase Bank. Based on the DIP Facility’s terms and conditions, the proceeds from the Tranche B Loan have been recorded as cash and cash equivalents and parent and subsidiary debt in the accompanying consolidated balance sheet. The Company pays interest on the Tranche B Loan proceeds, net of interest income, as defined. Furthermore, as of March 31, 2003, the Company has issued letters of credit totaling $39,309 against the Tranche B Loan proceeds.

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        The terms of the DIP Facility contain certain restrictive covenants which include limitations on the incurrence of additional guarantees, liens and indebtedness, limitations on the sale of assets, and the funding of capital expenditures.  The DIP Facility also requires that the Company meet certain financial covenants, which are to be determined, except as noted below.  The Company is currently seeking a waiver for certain defaults in connection with payments made to CMLCV and borrowings during a default period. On April 14, 2003, the DIP Lenders approved an amendment to the DIP Facility extending the dates that the Company is required to submit a long-term budget to April 24, 2003, and set certain financial covenants in consultation with the DIP Lenders no later than May 27, 2003. The DIP Facility, as amended, currently limits the Company’s capital spending to $330,000 during the period from March 1, 2003 to May 31, 2003. Except as set forth above, the Company believes it is materially in compliance with all requirements referred to in the DIP Facility.

        As of March 31, 2003, the Company has availability of $300,000 under the DIP Facility. The remaining $1,000,000 of availability is subject to satisfaction by the Company of certain conditions, including the setting of the financial covenants mentioned above.

Co-Borrowing Credit Facilities

        As disclosed in the Company’s Current Report on Form 8-K filed on May 24, 2002, various subsidiaries of the Company have entered into co-borrowing credit facilities with certain entities owned by the Rigas family. Historically, the Company’s financial statements reported borrowings attributable only to the Company under such co-borrowing credit facilities and provided footnote disclosure as to the total amount of borrowings permitted under such facilities without disclosing the amount of borrowings attributable to entities owned by the Rigas family. Therefore, the entire co-borrowing credit facilities were not reflected as indebtedness on the Company’s historical financial statements.

        As discussed in Note 1, at this time, PwC has not completed its audits of the Company’s financial statements as of and for the years ended December 31, 2002 and 2001 and the Company expects to restate its financial statements as of and for the years ended December 31, 2000 and 1999 and its interim financial statements for 2001 and possibly other periods. As disclosed in its Current Report on Form 8-K filed on May 24 and June 10, 2002, after initial discussions with the SEC in early May 2002, the Company announced on May 24, 2002 that it had tentatively concluded that it would increase the Company’s indebtedness by $2,846,156 to reflect the full amount of borrowings by entities owned by the Rigas family for which subsidiaries of the Company are jointly and severally liable. Accordingly, the accompanying unaudited consolidated financial statements reflect an increase of $2,846,156 of such indebtedness of parent and subsidiary debt in liabilities subject to compromise with a corresponding receivable from such Rigas family entities reflected as a reduction in stockholders’ equity. Since consultations are continuing with the SEC and PwC, and PwC has not yet completed its audit of the Company’s financial statements, the accounting treatment for the increase in parent and subsidiary debt and the reduction in stockholders’ equity for the corresponding receivable reflected in the accompanying unaudited financial statements has yet to be finalized. The final accounting treatment may result in materially different treatment from that presented herein.

Parent and Subsidiary Debt

        The following information is an update of certain disclosures relating to the book value of the Company’s debt, as reflected on its books and records, included in Note 4 to Adelphia’s consolidated financial statements contained in the Annual Report on Form 10-K as of and for the year ended December 31, 2000. The book value of such indebtedness does not necessarily reflect the amount of the claim of the holders’ of such indebtedness in the Company’s bankruptcy proceeding.

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Parent Debt: March 31,
2003

9 1/4% Senior Notes due 2002     $ 325,000  
8 1/8% Senior Notes due 2003    149,817  
10 1/2% Senior Notes due 2004    150,000  
7 1/2% Senior Notes due 2004    100,000  
10 1/4% Senior Notes due 2006    487,698  
9 7/8% Senior Notes due 2007    348,417  
8 3/8% Senior Notes due 2008    299,438  
7 3/4% Senior Notes due 2009    300,000  
7 7/8% Senior Notes due 2009    350,000  
9 3/8% Senior Notes due 2009    497,048  
10 7/8% Senior Notes due 2010    745,316  
10 1/4% Senior Notes due 2011    1,000,000  
6 % Convertible Subordinated Notes due 2006    1,024,924  
3 1/4% Convertible Subordinated Notes due 2021    978,253  
9 7/8% Senior Debentures due 2005    129,286  
9 1/2% Pay-In-Kind Notes due 2004    31,847  

  Total parent debt   $ 6,917,044  

Subsidiary Debt:  
Notes to banks   $ 3,970,531  
DIP Facility    200,000  
10 5/8% Senior Notes of Olympus due 2006    202,243  
11% Senior Subordinated Notes of FrontierVision Due 2006    207,953  
11 7/8% Senior Discount Notes Series A of FrontierVision due 2007    244,639  
11 7/8% Senior Discount Notes Series B of FrontierVision due 2007    89,953  
Zero Coupon Senior Discount Notes of Arahova due 2003    412,601  
9 1/2% Senior Notes of Arahova due 2005    250,590  
8 7/8% Senior Notes of Arahova due 2007    245,371  
8 3/4% Senior Notes of Arahova due 2007    219,168  
8 3/8% Senior Notes of Arahova due 2007    96,046  
8 3/8% Senior Notes of Arahova due 2017    94,924  
Senior Discount Notes of Arahova due 2008    348,086  
Other subsidiary debt and capital leases    199,378  

   Total subsidiary debt   $ 6,781,483  

   Total parent and subsidiary debt, exclusive of co-borrowing credit facilities    13,698,527  
   Co-borrowing credit facilities attributable to borrowing by Rigas Entities    2,846,156  

    $ 16,544,683  

        In connection with the Company's ongoing review of its books and records and other information, an adjustment was made for liabilities subject to compromise regarding classification of leases. For purposes of this report only, leases which are being paid on a current basis, have not been treated as liabilities subject to compromise.

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        Total parent and subsidiary debt, exclusive of co-borrowing credit facilities attributable to borrowings by Rigas Entities, of $13,698,527 consists of liabilities subject to compromise of $13,421,583, bank financing under the DIP facility of $200,000 and capital leases of $76,944.

Weighted average interest rate payable by subsidiaries  
   under credit agreements with banks 5.03%

Interest Expense

        Interest expense on notes to banks and capital leases totaled $32,958 and $302,047 for the one and nine month periods ended March 31, 2003, respectively, of which $13,395 and $123,915 is attributable to the Rigas family owned entities under co-borrowing credit facilities. In accordance with SOP 90-7, interest expense is reported only to the extent that it will be paid during Chapter 11 proceedings or will be allowed on a secured or unsecured claim. Had the Company not filed voluntary petitions under Chapter 11, the amount of interest expense that would have been reported in the unaudited consolidated statement of operations, for the one and nine month periods ended March 31, 2003 is $94,580 and $861,026, respectively.

3. Estimated Provision for Accounting Changes

        As discussed in Note 1, PwC, the Company’s independent accountants, has not completed its audit as of and for the years ended December 31, 2002 and 2001 or its re-audit as of and for the years ended December 31, 2000 and 1999. However, based on information known at that time, the Company recorded an estimated provision related to expected adjustments in the amount of $51,000 ($8,500 per month) for the six month period ended December 31, 2002. As more fully discussed in Note 1, beginning January 1, 2003, the Company reduced the estimated provision for accounting changes to $2,000 per month because of corrections made to the Company’s accounting policies and practices in PP&E. Such adjustments have been included in the Company’s Earnings Before Interest, Taxes, Depreciation and Amortization (“EBITDA excluding other income (expense)”) computation in Note 17.

        As disclosed in the Company’s Current Report on Form 8-K filed on June 10, 2002, the Company determined that it would make certain adjustments to its results of operations for the year ended December 31, 2001 and restate its financial statements as of and for the years ended December 31, 2000 and 1999. Based on information known at that time, the Company expected to record estimated adjustments totaling approximately $210,000 and $160,000 to reduce the results of operations in 2001 and 2000, respectively. Such estimates correct items in operating results previously announced by Rigas management, including, but not limited to, capitalization of certain labor expenses, the recognition of certain programming costs, the improper reduction of operating expenses for “marketing support” payments and the impairment of financial instruments. Final adjustments to any prior year financial statements will be made by management at the completion of the audits by PwC. The final adjustments could materially exceed the amounts estimated by the Company.

        Furthermore, as additional information becomes available, the Company will make necessary adjustments to current periods in 2003 to the extent that they impact post bankruptcy periods. These adjustments may be material to the accompanying unaudited financial statements.

4. Liabilities Subject to Compromise

        As discussed in Note 1 to the accompanying unaudited consolidated financial statements, the Company has been operating as debtors-in-possession under Chapter 11 since June 25, 2002. The Company is authorized to operate its business in the ordinary course.

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        As a result of the Chapter 11 filing, all actions to collect the payment of pre-petition indebtedness are subject to compromise or other treatment under a plan or plans of reorganization. Generally, actions to enforce or otherwise effect payment of pre-Chapter 11 liabilities are stayed. Although pre-petition claims are generally stayed, as part of the first day orders and subsequent motions granted by the Bankruptcy Court, the Bankruptcy Court approved Adelphia’s motions to pay certain pre-petition obligations including, but not limited to employee wages, salaries, commissions, incentive compensation and other related benefits. The Company has been paying and intends to continue to pay undisputed post-petition claims in the ordinary course of business. In addition, the Company may reject pre-petition executory contracts and unexpired leases with the approval of the Bankruptcy Court. Any damage resulting from rejection of executory contracts and unexpired leases are treated as general unsecured claims and will be classified as liabilities subject to compromise. Adelphia will notify all known claimants of the bar date and their need to file a proof of claim with the Bankruptcy Court. A bar date is the date by which claims against the Company must be filed if a claimant disagrees with how such claimant’s claim appears on the Debtor’s Schedules. No bar date has yet been set by the Bankruptcy Court. Differences between liability amounts estimated by the Company and claims filed by creditors will be investigated and the Bankruptcy Court will make a final determination of the allowable claim. The determination of how liabilities will ultimately be settled and treated cannot be made until the Bankruptcy Court approves a Chapter 11 plan or plans of reorganization as discussed in Note 1. Accordingly, the ultimate amount of such liabilities is presently not determinable. By order dated December 19, 2002, the Bankruptcy Court granted the Company an extension through April 23, 2003 to file its Statement of Financial Affairs and Schedules (“SOFA”). On March 24, 2003, the Company filed a motion with the Bankruptcy Court to extend the deadline for filing its SOFA and schedules through August 1, 2003. A hearing on the motion is scheduled for April 25, 2003.

        As of March 31, 2003, the Company had liabilities subject to compromise of $46,177,206. Liabilities subject to compromise have been reported in accordance with SOP 90-7. Such amounts may be subject to future adjustments depending on Bankruptcy Court actions, further developments with respect to disputed claims, determinations of the secured status of certain claims, the values of any collateral securing such claims, or other events. Such adjustments may be material to the amounts reported as liabilities subject to compromise.

        Valuation methods used in Chapter 11 reorganization cases vary depending on the purpose for which they are prepared and used and are rarely based on GAAP, the basis of which the accompanying financial statements are prepared, unless otherwise noted. Accordingly, the values set forth in the accompanying unaudited consolidated financial statements are not likely to be indicative of the values presented to or used by the Bankruptcy Court.

5. Non-Recurring Professional Fees and Reorganization Expenses Due to Bankruptcy

        The Company is incurring certain non-recurring professional fees that, although not directly related to the Chapter 11 filing, relate to the Company’s reorganization and have been incurred in response to the actions taken by Rigas management. These expenses include the re-audit, legal, special investigation and forensic consultant fees of the Company and the Special Committee of the Board of Directors and have been included in non-recurring professional fees in the accompanying unaudited consolidated statements of operations. Such expenses are not expected to recur in the foreseeable future and therefore, have been excluded from the Company’s EBITDA excluding other income (expense) computation in Note 17. Based on the Company’s interpretation of SOP 90-7, only those fees directly related to the Chapter 11 filing should be expensed and included in reorganization expenses due to bankruptcy in the unaudited consolidated statements of operations. These expenses include legal, restructuring and financial consultant fees for the Company and for Committee representatives.

        The Company has allocated its non-recurring professional fees to all of its joint ventures and related parties who filed voluntary petitions under Chapter 11. The Company and its legal counsel are confirming the treatment of the Company’s provisional allocation of its non-recurring professional fees.

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6. Accounts Payable, Accrued Expenses and Other Liabilities

        To the best of the Company’s knowledge, all undisputed post-petition trade payables are current and all premiums for insurance policies, including all workers’ compensation and disability insurance policies, required to be paid are fully paid as of March 31, 2003.

        As stated in Note 1, the Company is reviewing its books and records and other information on an ongoing basis to determine whether the accompanying unaudited consolidated financial statements should be supplemented or otherwise amended. Management is currently performing a review to substantiate the completeness of all liabilities. Such review is ongoing and may result in additional adjustments to the accompanying unaudited consolidated financial statements.

7. Preferred Stock Dividends

        In accordance with the accounting direction provided in SOP 90-7, the Company has discontinued accruing for its preferred stock dividends as of June 25, 2002, the filing date of the Chapter 11 cases. Had the Company not filed voluntary petitions under Chapter 11, preferred stock dividends would have been $5,750 and $51,750 for the respective one and nine month periods ended March 31, 2003.

8. Intercompany Receivables and Payables

        The accompanying unaudited consolidated financial statements include intercompany receivables and payables related to all of Adelphia’s majority-owned subsidiaries and subsidiaries that are at least 50% owned and controlled by the Company, including Non-Filing Entities and CMLCV (see Note 18). The intercompany receivables and payables are presented at the gross amount with the total receivables balance included in assets and the total intercompany payables included in liabilities in the accompanying unaudited consolidated balance sheet. Intercompany payables have been segregated between pre and post bankruptcy petition and none of the intercompany balances have been collateralized. The intercompany balances do not net to zero as the Non-Filing Entities and CMLCV have not been included in the accompanying consolidated balances, as discussed in Note 1.

9. Related Party Receivables and Payables

        Related party receivables and payables represent advances to and payables from certain related parties, including Adelphia Business Solutions and entities owned and/or controlled by the Rigas family. Related party receivables and payables are presented at the gross amount with the total receivable balance included in assets and the payables included in the liabilities in the accompanying unaudited consolidated balance sheet. Related party payables have been segregated between pre- and post-bankruptcy petition, and none of the related party balances have been collateralized.

        In October 2002, the Company began recording a reserve for management service fees invoiced to Adelphia Business Solutions. The reserve for management service fees is $5,909 for the nine month period ended March 31, 2003. In March 2003, the Company received a payment of $1,249 for certain 2002 amounts invoiced to Adelphia Business Solutions. Management is continuing to evaluate the recoverability of related party receivables and may record additional reserves in the future.

10. Cash and Cash Equivalents

        The Company considers all highly liquid investments with a maturity date of three months or less to be cash equivalents. As required by an agreement with the Company’s insurance provider, the Company has restricted cash for the payment of franchise obligations in the amount of $31,518 as of March 31, 2003. Also included in restricted cash is $12,733 related to working capital transactions for certain acquisitions of cable systems from Verizon that were completed in February 2002. The remainder of the restricted cash balance consists of $1,479, which represents cash collateral supporting obligations under certain of the Company’s franchise agreements.

        As discussed in Note 2, also included in cash and cash equivalents are the proceeds of the Tranche B Loan of $200,000.

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11. Subscriber Receivables

        Subscriber receivables consist of monthly amounts due from the Company’s subscribers and customers and are reported net of allowance for doubtful accounts of $9,707.

12. Prepaid Expenses and Other Assets — Net

        Included in prepaid expenses and other assets — net are unamortized deferred loan fees of $154,976. Such loan fees relate to pre-petition debt obligations, which have been classified as liabilities subject to compromise, and are not currently being amortized. See Note 4 to these unaudited consolidated financial statements for further discussion. SOP 90-7 requires that in cases where the underlying debt becomes an allowed claim and the allowed claim differs from the net carrying amount of the debt, the amount of the debt will be adjusted for any unamortized deferred loan fees to equal the value of the allowed claim. Any gain or loss from such adjustments to the underlying debt as compared to the allowed claim will be reflected in the statement of operations.

13. Other-than-Temporary Impairment of Investments, Long-Lived Assets and Certain Other Assets

        As discussed in Note 1, the Company is reviewing its books and records and other information on an ongoing basis to determine whether the accompanying unaudited consolidated financial statements should be supplemented or otherwise amended. Additionally, as discussed in Note 1, PwC has not completed its audit as of and for the years ended December 31, 2002 and 2001 or its re-audit as of and for the years ended December 31, 2000 and 1999. The Company is performing an evaluation of impairment related to several investments and long-lived and certain other assets. This evaluation includes a review of the accounting treatment when the transaction originated and a review of the accounting subsequent to the date of origination, including periodic evaluations for impairment. These evaluations may result in adjustments to the unaudited consolidated financial results contained herein and financial statements as of and for the periods ended December 31, 2002, 2001, 2000 and 1999. The adjustments may be material to these periods.

        Listed below are certain investments and other assets for which (with the exception of property, plant and equipment and intangible assets) the Company has recorded an asset impairment charge during the nine month period ended March 31, 2003. All adjustments to be made to prior periods as a result of the Company’s restatement of prior year financial statements have not been reflected in the unaudited consolidated financial statements contained herein pending the completion of the audit as of and for the years ended December 31, 2002 and 2001 and the re-audits as of and for the years ended December 31, 2000 and 1999.

        The tables below presents the impairment of long-lived and other assets and other than temporary impairment of investments and other assets that have been recorded by the Company since July 1, 2002.

Impairment of Long-Lived and Other Assets:

For the
Nine Months
Ended
March 31,
2003

Internal Operations, Call Center and Billing System     $ 63,910  
Competitive Local Exchange Carriers    8,224  

    $ 72,134  

15


Other-than-Temporary Impairment of Investments and Other Assets:

For the
Nine Months
Ended
March 31,
2003

Devon Mobile Communications, L.P.     $ 105,954  
Buffalo Sabres    69,369  
Interactive Digital TV Investments    5,387  
Praxis Capital Ventures, L.P.    2,300  

    $ 183,010  

Internal Operations, Call Center and Billing System

        From 1998 through mid-2002, the Company was developing an internal operations, call center and billing system known as “Convergence”. After careful evaluation of the functionality and usability of Convergence, the Company decided not to pursue continued rollout and terminated additional funding for the system. In October 2002, the Company recognized an impairment charge related to the abandonment of the Convergence system in the amount of $63,910. Additional adjustments totaling $7,610 were recorded in October to reclassify payroll and other operating expenses improperly capitalized during 2002. The Company’s remaining investment in this system of approximately $30,000 will be adjusted in connection with the restatement of its prior year financial statements.

Closure of the Competitive Local Exchange Carriers (“CLECs”)

        In August 2002, the Company filed a motion with the Bankruptcy Court for approval to close operations in 14 markets that were served by the Company’s CLECs. The CLECs provided local telephone service to certain geographic markets and competed with local telephone exchange carriers. The Company’s Board of Directors approved the closure, and approval was granted by the Bankruptcy Court by order dated September 25, 2002. The Company expects that, in connection with the restatement of its financial statements for prior periods, the property, plant and equipment associated with these CLECs will be written down by approximately $100,000. The remaining net book value of the property, plant and equipment of approximately $20,000 is being depreciated over its estimated remaining useful life beginning in November 2002. Furthermore, in November 2002, the Company recognized an additional impairment of $6,873 on certain of its CLEC assets that are expected to be sold and recorded a reserve on its CLEC trade accounts receivables of $1,351.

Devon Mobile Communications, L.P.

        The Company is a 49.9% Limited Partner in Devon Mobile Communications, L.P., (“Devon Mobile”), a Delaware limited partnership which, through its subsidiaries, holds licenses to operate regional wireless telephone businesses in several states. Devon Mobile had certain business and contractual relationships with the Company and with former subsidiaries or divisions of the Company which were spun-off as Adelphia Business Solutions in January 2002. In late May 2002, the Company notified Devon L.P., Inc., the General Partner of Devon Mobile, that it would likely terminate certain discretionary operational funding to Devon Mobile. In July 2002, the Company understood that its former subsidiary, Adelphia Business Solutions, elected to terminate certain services significant to Devon Mobile’s operations. Devon Mobile filed voluntary petitions to reorganize under Chapter 11 with the U.S. Bankruptcy Court on August 19, 2002. In July 2002, the Company recorded an asset impairment reserve against the investment in and receivables from Devon Mobile of $1,221 and $53,646, respectively. In November 2002, the Company refined its evaluation of exposure to Devon Mobile and recorded additional impairments of $51,087, which related primarily to the Company’s guarantee of certain obligations of Devon Mobile, other receivables from Devon Mobile, and an incremental investment in Devon Mobile that is expected to result from the Company’s restatement of prior year financial information. As of November2002, the Company has fully reserved for its investment and receivables in Devon Mobile. On January 17, 2003, the Company filed proofs of claim against Devon Mobile and its subsidiaries for approximately $130,100 in debt and equity claims, as well as an additional claim of approximately $34,000 relating to its guarantee of certain Devon Mobile obligations.

16


Buffalo Sabres

        As disclosed in the Company’s Current Report on Form 8-K filed on May 24, 2002, the Company had entered into various arrangements with Niagara Frontier Hockey, L.P. (“NFHLP”), a Delaware limited partnership owned by the Rigas family. Among other assets, NFHLP owned the Buffalo Sabres, a National Hockey League team. The Company has made approximately $165,000 of loans and advances, including accrued interest, to NFHLP and its subsidiaries. In November 2002, the Company recognized impairments of those loans and advances of $31,447, which combined with expected prior period adjustments reduced the Company’s investment to approximate net proceeds expected from the sale of the team. On November 21, 2002, the National Hockey League, which was then managing the affairs of NFHLP, gave conditional approval to the sale of the team. On January 13, 2003, the NFHLP and certain of its subsidiaries (the “Niagara Debtors”) filed voluntary petitions to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Western District of New York (the “Niagara Bankruptcy Court”). The protocol to sell the team was established by the Bankruptcy Court. In connection with the DIP facility of the Niagara Debtors (the “Niagara DIP Facility”), by order dated January 14, 2003, the Bankruptcy Court authorized the Company to consent to the “priming” of certain liens, security interests and claims that the Company held against the Niagara Debtors to the liens and claims granted to the Niagara DIP lender of the Niagara Debtors and agree to not support any attempt to relocate the Buffalo Sabres franchise from Buffalo, New York unless pursuant to the terms of such relocation all obligations of the Niagara Debtors to their DIP lender have been paid in full. By order dated February 5, 2003, the Bankruptcy Court authorized the Company to: (a) submit to the exclusive jurisdiction of the Niagara Bankruptcy Court in all matters related to the sale process of section 363 of the Bankruptcy Code described in the Niagara DIP Facility of the Niagara Debtors; (b) consent to the sale of certain assets of the Niagara Debtors in connection with any sale process pursuant to section 363 of the Bankruptcy Code described in the Niagara DIP Facility of the Niagara Debtors; and (c) consent to the “priming” of certain liens, security interests, and claims that the Debtors held against the Niagara Debtors to any breakup fees or expenses, which were approved by the Niagara Bankruptcy Court, in connection with any sale process pursuant to section 363 of the Bankruptcy Code.

        On or about March 13, 2003, certain of the Niagara Debtors entered into an Asset Purchase Agreement ( “APA”) with Hockey Western New York LLC ( “Purchaser”) for the sale of certain assets and assumption of certain liabilities of NFHLP. On March 14, 2003, the Niagara Debtors filed a motion seeking an order from the Niagara Bankruptcy Court (i) approving the APA, (ii) authorizing the sale of assets free and clear of liens, claims, encumbrances and interests, (iii) determining that such sale is exempt from any stamp, transfer, recording or similar tax, (iv) authorizing the assumption and assignment of certain executory contracts and unexpired leases and (v) granting related relief (the “Sale Motion”). The Sale Motion sought to establish an auction process for higher and better bids (the “Auction”). In connection therewith, on March 14, 2003, the Niagara Debtors filed a motion seeking an order from the Niagara Bankruptcy Court for, among other things, (i) approval of certain bidding procedures for the Auction, (ii) approval of bid protections for the Purchaser and (iii) the setting of a hearing to authorize the sale of assets. A hearing on the Sale Motion was held by the Niagara Bankruptcy Court on April 10, 2003. On or about April 23, 2003, the sale was completed.

        In March 2003, the Company recognized an additional impairment of $37,922 as a result of the then pending sale of certain assets, including the Buffalo Sabres, and assumption of certain liabilities of NFHLP. The sale resulted in no recovery by the Company of its investment in NFHLP. This impairment charge, combined with the November 2002 charge and with anticipated adjustments related to restatement of the Company’s prior year financial statements, will write off in full the Company’s investment in NFHLP and its subsidiaries.

17


Interactive Digital TV Investments

        The Company has investments in interactive digital TV product ventures. In November 2002, the Company recognized a loss of $3,690 in connection with the expiration of certain warrants received in connection with its Interactive Digital TV product ventures. In December 2002, the Company recognized a loss of $1,697 for declines in investment value deemed other than temporary. These adjustments, coupled with expected prior period adjustments, reduce the Company’s investment in such ventures to approximately $200.

Praxis Capital Ventures, L.P.

        As disclosed in the Company’s Current Report on Form 8-K filed on May 24, 2002 the Company entered into certain transactions with Praxis Capital Partners, LLC (“Praxis Capital”), a Delaware limited liability company and Praxis Capital Management, LLC, a Delaware limited liability company, through Praxis Capital Ventures, L.P. (“PCVLP”), a Delaware limited partnership in which ACC Operations, Inc. (a wholly-owned Company subsidiary) is a 99.5% Limited Partner. Formed in June 2001, PCVLP focused on private equity investments in the telecommunications market. At June 30, 2002, the net book value of the Company’s portion of these investments was approximately $1,247. In addition, the Company had recorded $1,053 of prepaid management service fees to PCVLP. The Company is continuing to evaluate the PCVLP investments, which consist primarily of investments in private companies whose securities have no actively traded market. In July 2002, the Company recorded a 100% reserve against its remaining investment in PCVLP and the related prepaid management service fees.

        Peter L. Venetis, the son-in-law of John J. Rigas and a former director of the Company, is the managing director of Praxis Capital Management, LLC.

Property, Plant and Equipment, and Intangible Assets

        As stated previously, the Company’s property, plant and equipment and intangible assets are currently being evaluated by management for asset impairment and other issues. These issues include the ownership of assets, prior capitalization policies, estimated useful lives, amounts allocated to specific assets in connection with acquisitions, and impairment. The complete results of these evaluations are unknown at this time but could result in material adjustments to the net book value of property, plant and equipment and intangible assets at December 31, 2002, 2001, 2000 and 1999, as well as results of operations for the periods then ended.

        In December 2002, the Company recorded an adjustment to expense of approximately $21,000 of capitalized labor and overhead costs for the period from July 1, 2002 through December 31, 2002 that was erroneously capitalized under Rigas management’s accounting policies. As more fully discussed in Note 1, effective January 1, 2003, the Company corrected many of its erroneous accounting policies and practices for PP&E with respect to the accounting for capitalizaton of labor, labor-related costs, certain overhead expenses and certain materials used in the maintenance of its cable systems. The Company is continuing its review of the historical books and records and other information; accordingly, these issues should not be considered the only issues related to these assets that are under evaluation by the Company, and the Company reserves the right to amend, update or supplement this information.

18


14. Derivative Instruments and Hedging Activities

        The Company manages its interest rate risk through the use of interest protection instruments such as interest rate swaps, caps and collars. The use of such interest rate protection instruments, as required by the Company’s debt obligations, is intended to minimize the volatility of cash flows caused by interest rate fluctuations. The Rigas management determined that these instruments were not hedging instruments under the provisions of SFAS No. 133, “Accounting for Derivative Instruments and Hedging Activities” and, therefore, changes in fair value have been recorded in other income (expense) in the accompanying unaudited consolidated statement of operations. The Company is currently reviewing the accounting treatment applied by Rigas management under SFAS No. 133. For the one and nine month periods ended March 31, 2003, changes in fair value recognized in the accompanying unaudited consolidated statement of operations were not material to the unaudited consolidated statement of operations.

15. Net Loss Per Weighted Average Share of Common Stock

        Basic net loss per weighted average share of common stock is computed based on the weighted average number of common shares outstanding after giving effect to dividend requirements on the Company’s preferred stock (see Note 7). Diluted net loss per common share is equal to basic net loss per common share because the Company’s convertible preferred stock and outstanding stock options have an antidilutive effect for the periods presented. In the future, however, the convertible preferred stock and outstanding stock options could have a potentially dilutive effect on earnings per share.

16. Supplemental Cash Flow Information

Interest Paid

        Cash payments for interest were $28,183 and $311,884 for the one and nine month periods ended March 31, 2003, respectively. Included in these amounts are cash payments made by the Company of $12,093 and $134,517 for the one and nine month periods ended March 31, 2003, respectively, for interest on the co-borrowing credit facilities attributable to the Rigas family owned entities. Such payments are included in the related party receivables and payables, net in the accompanying unaudited consolidated statements of cash flows.

Non Cash Activities

        Capital lease obligations entered into during the one and nine months ended March 31, 2003 were $206 and $1,827, respectively.

17. EBITDA Excluding Other Income (Expense)

        The following is a summary of EBITDA excluding other income (expense) from the accompanying unaudited consolidated statements of operations for the one and nine month periods ended March 31, 2003. EBITDA excluding other income (expense) is an alternative performance measure that is customarily used by companies that own, operate and manage cable television systems and other related telecommunications businesses. Management believes that EBITDA excluding other income (expense) provides an alternative measure that is useful in evaluating the Company’s liquidity. EBITDA excluding other income (expense) is not a performance measure in accordance with GAAP and the use of EBITDA excluding other income (expense) is not meant to replace or supercede any information presented in accordance with GAAP.

        On January 22, 2003, the SEC issued its final ruling on “Conditions for Use of Non-GAAP Financial Measures” adopting new rules and amendments to address disclosure or release of certain financial information calculated and presented on a basis other than in accordance with GAAP. This ruling, known as Regulation G, requires disclosure or release of such non-GAAP financial measures to include a presentation and reconciliation of the most directly comparable GAAP financial measure. Since EBITDA excluding other income (expense) is primarily used as a liquidity measure, presented below is a reconciliation to the net cash provided by operating activities as presented in the accompanying unaudited consolidated statement of cash flows.

19


        The Company believes that the non-recurring professional fees in Note 5 and the impairment of long-lived and other assets in Note 13 are of a nature that the expenses and adjustments are not expected to recur in the foreseeable future and, therefore, have been excluded from the EBITDA excluding other income (expense) calculation below.

For the
Month Ended
March 31, 2003

For the Nine
Months Ended
March 31, 2003

Net loss applicable to common stockholders     $ (81,046 ) $ (555,549 )
Cost and Expenses   
 Depreciation and amortization    76,760    677,206  
 Non-recurring professional fees    3,147    39,402  
 Impairment of long-lived assets    --    72,134  
 Reorganization expenses due to bankruptcy    6,794    59,386  


 Subtotal    5,655    292,579  
Other (expense) Income   
 Interest expense    (32,937 )  (303,152 )
 Minority interest in losses of subsidiaries    1,438    2,786  
 Other-than-temporary impairment of investments  
    and other assets    (37,922 )  (183,010 )
 Loss on sale of assets    --    (1,551 )
 Other    (254 )  1,794  


 Total    (69,675 )  (483,133 )


EBITDA excluding other income (expense)   $ 75,330    775,712  



        Reconciliation of EBITDA excluding other income (expense) to Net Cash provided by Operating Activities —

For the
Month Ended
March 31,
2003

For the Nine
Months Ended
March 31,
2003

EBITDA excluding other income (expense)     $ 75,330   $ 775,712  
Changes in Operating Assets and Liabilities:   
 Subscriber receivables - net    (5,742 )  3,100  
 Prepaid expenses and other assets - net    18,026    (24,100 )
 Accounts payable    4,878    252,579  
 Subscriber advance payments and deposits    9,870    20,175  
 Accrued interest and other liabilities    10,872    43,372  
 Intercompany receivables and payables - net    (1,138 )  10,098  


         Subtotal    112,096    1,080,936  
Other Reconciling Items:   
 Reorganization expenses paid during the period    (6,289 )  (36,907 )
 Non-recurring professional fees paid during the period    (2,273 )  (26,903 )
 Interest expense - net    (32,937 )  (303,152 )
 Other    (254 )  1,794  


 Net cash provided by operating activities   $ 70,343   $ 715,768  


20


18. Century-ML Cable Venture Bankruptcy Filing

        On September 30, 2002, CMLCV, a 50/50 joint venture between Century and ML Media Partners, L.P. (“ML Media”) filed a voluntary petition to reorganize under Chapter 11 in Bankruptcy Court. This bankruptcy proceeding is administered separately from that of Adelphia. CMLCV is operating its business as a debtor-in-possession and is continuing to serve its subscribers in three communities in Puerto Rico. At this time, CMLCV is expected to generate sufficient cash to fund foreseeable operations and capital requirements. The CMLCV Chapter 11 filing is not expected to have a material impact on the operations of CMLCV’s subsidiary, Century-ML Cable Corporation, which serves other communities in Puerto Rico.

        As of March 31, 2003, CMLCV’s total assets, total liabilities and equity were $124,015, $14,584 and $109,431, respectively. For the month ended March 31, 2003, CMLCV’s revenue and operating income were $922 and $206, respectively.

        CMLCV, since October 2002, has been filing a separate monthly operating report with the Bankruptcy Court. As more fully disclosed in CMLCV’s separate Monthly Operating Report, there is litigation pending in the Bankruptcy Court between ML Media and CMLCV, Century, the Company and Highland Holdings, L.P. (“Highland”) a Rigas family partnership. In connection with the parties’ December 13, 2001 Leveraged Recapitalization Agreement (“Recap Agreement”), there is a pre-petition dispute relating primarily to an alleged secured obligation in the amount of $279,800 to ML Media for its 50% ownership in CMLCV. If there is an adverse outcome against the Company relating to this litigation, the Company may be required to pay $279,800 to ML Media for its 50% ownership in CMLCV or Century may be required to surrender its 50% ownership in CMLCV to ML Media. A hearing was held on September 24, 2002, and a decision was rendered on January 17, 2003, wherein the Court; (i) denied all of the parties’ motions for summary judgment on the issue of whether there has been an acceleration of the September 30, 2002 closing date under the Recap Agreement, except that the Court (ii) found “as a matter of law, that, assuming that the Recap Agreement is enforceable, payment by the Company was due on September 30, 2002 and payment by Adelphia, Century and Highland was due on October 1, 2002, one day later, and that, having failed to make payment, each of the Company, Century and Highland is now in default.” The Court granted summary judgment only to such extent.

        In a decision and order dated March 31, 2003, and upon the motion of ML Media in the Adelphia and Century bankruptcy proceedings, the Court ruled that Adelphia and Century shall have 90 days from March 31, 2003 to assume or reject the Recap Agreement and denied ML Media’s request to become manager of Venture’s cable systems.

        In a decision and order dated April 21, 2003, the Court denied ML Media’s motion to dismiss the CMLCV bankruptcy petition rejecting ML Media’s claim that Century improperly filed the petition without ML Media’s consent.

        On February 21, 2003, CMLCV filed its Schedules of Assets and Liabilities and Statement of Financial Affairs with the Bankruptcy Court.

19. Bankruptcy Court Reporting Schedules

        The Bankruptcy Court reporting schedules included in this report on pages 22 through 53 are for the period from March 1 through March 31, 2003 and have been prepared for the purpose of filing with the Bankruptcy Court and are not required by GAAP. The accompanying Bankruptcy Court reporting schedules, as with all other information contained herein, have been obtained from the books and records of the Company and are unaudited.

21


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES
Summary


For the
Month Ended
March 31, 2003

Reference
Gross wages paid     $ 50,223,541   Schedule I    
Employee payroll taxes withheld    11,798,799   Schedule I  
Employer payroll taxes due    4,470,889   Schedule I  
Payroll taxes paid*    13,353,928   Schedule II*  
Sales and other taxes due    6,263,892   Schedule III  
Gross taxable sales    102,978,283   Schedule III  
Real estate and personal property taxes paid    655,670   Schedule IV  
Sales and other taxes paid    7,147,708   Schedule V  
Cash disbursements    293,155,489   Schedule VI  
Insurance coverage    N/A   Schedule VII  

* The amount reported above for payroll taxes paid is based upon the date paid and not the date due.

22


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule I

Court Reporting schedules for Payroll and Payroll Taxes
for the Month Ended March 31, 2003





Week Ending Date
Gross
Wages Paid

Employee Payroll
Taxes Withheld

Employer Payroll
Taxes Due

March 7, 2003 $ 24,543,479 $ 5,698,462 $ 2,261,758
March 21, 2003 $ 25,680,061 $ 6,100,337 $ 2,209,131





Total
$ 50,223,541 $ 11,798,799 $ 4,470,889




23


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule II

Court Reporting schedules for Payroll Taxes Paid
for the Month Ended March 31, 2003

Page 1 of 3


Payee
Payroll Taxes Paid
Payment Date
CITY OF IRONTON     $ 484   3/3/2003    
CITY OF NEWARK    147   3/3/2003  
NEW YORK TAX DEPARTMENT    561   3/3/2003  
CITY OF MACEDONIA    11   3/4/2003  
MASS DEPT OF REVENUE    484   3/5/2003  
INTERNAL REVENUE SERVICE    94,922   3/7/2003  
MICHIGAN DEPARTMENT OF REVENUE    --   3/7/2003  
NORTH CAROLINA DEPT OF REVENUE    11,403   3/7/2003  
OREGON DEPARTMENT OF REVENUE    69   3/7/2003  
STATE OF CONNECTICUT    13,902   3/7/2003  
STATE OF MARYLAND    947   3/7/2003  
STATE OF PENNSYLVANIA    86   3/7/2003  
STATE OF VIRGINIA    3,317   3/7/2003  
STATE OF WEST VIRGINIA    832   3/7/2003  
UTAH STATE TAX COMMISSION    --   3/7/2003  
VILLAGE OF DUBLIN    44   3/7/2003  
WEST VIRGINIA DEPT OF TAX & REV    6,754   3/7/2003  
PA DEPT OF REVENUE    96,552   3/10/2003  
MASS DEPT OF REVENUE    18,786   3/10/2003  
INTERNAL REVENUE SERVICE    5,438,130   3/10/2003  
GEORGIA DEPARTMENT OF REVENUE    12,364   3/10/2003  
ARIZONA DEPT OF REVENUE    2,033   3/10/2003  
COLORADO DEPARTMENT OF REVENUE    28,463   3/10/2003  
CONNECTICUT DEPARTMENT OF REV    1,944   3/10/2003  
DELEWARE DIVISION OF REVENUE    33   3/10/2003  
IDAHO STATE TAX COMMISSION    4,656   3/10/2003  
ILLINOIS DEPARTMENT OF REVENUE    288   3/10/2003  
INDIANA DEPARTMENT OF REVENUE    1,147   3/10/2003  
NEW JERSEY DIVISION OF TAXATION    77   3/10/2003  
NEW YORK TAX DEPARTMENT    113,898   3/10/2003  
OHIO DEPARTMENT OF TAXATION    66,743   3/10/2003  
OKLAHOMA TAX COMMISSION    313   3/10/2003  
SOUTH CAROLINA DEPARTMENT OF    5,126   3/10/2003  
VERMONT DEPARTMENT OF TAXES    14,218   3/10/2003  
VIRGINIA    51,530   3/10/2003  
KANSAS DEPARTMENT OF REVENUE    531   3/10/2003  
MAINE REVENUE SERVICE    23,934   3/10/2003  
STATE OF CALIFORNIA    156,008   3/10/2003  
CENTRAL TAX BUREAU OF P    47   3/11/2003  
TREASURER CITY OF OWENSBORO    1,177   3/11/2003  

24


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule II

Court Reporting schedules for Payroll Taxes Paid
for the Month Ended March 31, 2003

Page 2 of 3


Payee
Payroll Taxes Paid
Payment Date
DEPARTMENT OF EMPLOYMENT    475   3/19/2003  
MECHANICSBURG BORO    60   3/20/2003  
ASHTABULA INCOME TAX    678   3/21/2003  
BOURBON COUNTY OCCUP    47   3/21/2003  
CELINA CITY    208   3/21/2003  
CENTRAL COLLECTION AGENCY    30,358   3/21/2003  
CITY OF CAMBRIDGE    382   3/21/2003  
CITY OF CHILLICOTHE    7,860   3/21/2003  
CITY OF CINCINNATI    122   3/21/2003  
CITY OF CLEVELAND HEIGHTS    3,781   3/21/2003  
CITY OF CONNEAUT    212   3/21/2003  
CITY OF DANVILLE    390   3/21/2003  
CITY OF HUNTINGTON    136   3/21/2003  
CITY OF MACEDONIA    2,428   3/21/2003  
CITY OF MARION    822   3/21/2003  
CITY OF NEWARK    4,412   3/21/2003  
CITY OF PITTSBURGH    843   3/21/2003  
CITY OF VAN WERT    159   3/21/2003  
DIRECTOR OF FINANCE    248   3/21/2003  
INTERNAL REVENUE SERVICE    99,271   3/21/2003  
LORAIN CITY TAX    2,156   3/21/2003  
MADISON COUNTY    32   3/21/2003  
MICHIGAN DEPARTMENT OF REVENUE    203   3/21/2003  
MISSISSIPPI STATE TAX COMMISSN    --   3/21/2003  
MONTANA DEPARTMENT OF REVENUE    787   3/21/2003  
MOREHEAD DIRECTOR OF FIN    480   3/21/2003  
NEBRASKA DEPARTMENT OF REVENUE    229   3/21/2003  
NORTH CAROLINA DEPT OF REVENUE    13,130   3/21/2003  
OREGON DEPARTMENT OF REVENUE    74   3/21/2003  
PHILADELPHIA DEPT OF REV    194   3/21/2003  
RITA    9,538   3/21/2003  
SCHOOL DISTRICT INCOME TAX    2,581   3/21/2003  
STATE OF MARYLAND    22,307   3/21/2003  
TREASURER CITY OF OWENSBORO    --   3/21/2003  
UTAH STATE TAX COMMISSION    528   3/21/2003  
VILLAGE OF DUBLIN    70   3/21/2003  
VILLAGE OF MINSTER    146   3/21/2003  
VILLAGE OF NORTH KINGSVILLE    76   3/21/2003  
WEST VIRGINIA DEPT OF TAX & REV    6,911   3/21/2003  

25


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule II

Court Reporting schedules for Payroll Taxes Paid
for the Month Ended March 31, 2003

Page 3 of 3


Payee
Payroll Taxes Paid
Payment Date
PA DEPT OF REVENUE    98,065   3/24/2003  
MASS DEPT OF REVENUE    20,515   3/24/2003  
INTERNAL REVENUE SERVICE    6,240,092   3/24/2003  
GEORGIA DEPARTMENT OF REVENUE    12,270   3/24/2003  
BROOK PARK CITY INCOME    113   3/24/2003  
ALABAMA INCOME TAX DIV    3,994   3/24/2003  
ARIZONA DEPT OF REVENUE    2,009   3/24/2003  
COLORADO DEPARTMENT OF REVENUE    47,327   3/24/2003  
CONNECTICUT DEPARTMENT OF REV    2,064   3/24/2003  
DELEWARE DIVISION OF REVENUE    33   3/24/2003  
IDAHO STATE TAX COMMISSION    4,826   3/24/2003  
ILLINOIS DEPARTMENT OF REVENUE    288   3/24/2003  
INDIANA DEPARTMENT OF REVENUE    1,173   3/24/2003  
NEW JERSEY DIVISION OF TAXATION    77   3/24/2003  
NEW YORK TAX DEPARTMENT    123,897   3/24/2003  
OHIO DEPARTMENT OF TAXATION    76,143   3/24/2003  
OKLAHOMA TAX COMMISSION    296   3/24/2003  
SOUTH CAROLINA DEPARTMENT OF    6,241   3/24/2003  
VERMONT DEPARTMENT OF TAXES    16,660   3/24/2003  
WISCONSIN DEPARTMENT OF REVEN    1,568   3/24/2003  
VIRGINIA    54,600   3/24/2003  
KENTUCKY REVENUE CABINET    47,899   3/24/2003  
KANSAS DEPARTMENT OF REVENUE    533   3/24/2003  
MAINE REVENUE SERVICE    26,035   3/24/2003  
STATE OF CALIFORNIA    182,920   3/24/2003  

               TOTAL    13,353,928  

26


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 1 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

AL PSC     $ --   $ 3,738  
ALABAMA DEPT. OF REVENUE    352    5,873  
ALAMEDA COUNTY    13    229  
ALBANY COUNTY    (93 )  A  
ALBEMARLE COUNTY    5,076    A  
AMHERST COUNTY TREASURER    8    A  
ARIZONA DEPARTMENT OF REVENUE    37    1,200  
ARKANSAS DEPARTMENT OF REVENUE    5    67  
ASHLAND INDEPENDENT BOARD OF EDUCATION    10,054    335,136  
AUGUSTA COUNTY    24    A  
BANK OF AMERICA    130    43,305  
BATH COUNTY SCHOOL DISTRICT    1,189    39,623  
BEDFORD CITY    68    A  
BEDFORD COUNTY    58    11,605  
BEREA COUNTY SCHOOL DISTRICT    1,060    35,317  
BLACKSBURG    --    A  
BOARD OF EQUALIZATION    40    A  
BOARD OF EQUALIZATION    56    1,443  
BOTETOURT COUNTY TREASURER    --    A  
BOURBON COUNTY SCHOOL DISTRICT    590    19,651  
BOYD COUNTY SCHOOL DISTRICT    3,130    104,327  
BOYLE COUNTY SCHOOL DISTRICT    1,509    50,297  
BREATHITT COUNTY SCHOOL DISTRICT    958    31,943  
BRECKINRIDGE COUNTY BOARD OF EDUCATION    568    18,925  
BUCHANAN COUNTY TREASURER    --    A  
BUREAU OF TAXATION    152    3,035  
BURGIN INDEPENDENT BOARD OF EDUCATION    309    10,288  
BUTLER COUNTY SCHOOL DISTRICT    51    1,694  
CAMPBELL COUNTY TREASURER    285    A  
CAROLE MATTHEWS, TREASURER    23,972    0  
CARTER COUNTY SCHOOL DISTRICT    1,503    50,087  
CATTARAUGUS COUNTY    25    A  
CCHCF-A    156    43,305  
CHARLOTTESVILLE CITY TREASURER    2,222    A  
CHAUTAUQUA COUNTY DIRECTOR OF FINANCE    8    A  
CHCF-B    615    43,305  
CHESTERFIELD COUNTY    17    2,705  
CHESTERFIELD COUNTY    240    A  
CHIEF FISCAL OFFICER    (2 )  A  

27


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 2 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

CHRISTIANSBURG CITY    2    359  
CHRISTIANSBURG, TOWN OF    3    A  
CITY OF ABERDEEN    --    2  
CITY OF ALAHAMBRA    1    24  
CITY OF ALAMEDA    --    6  
CITY OF ALBION    1    17  
CITY OF ARCADIA    24    488  
CITY OF ARCATA    1    25  
CITY OF ASOTIN    --    1  
CITY OF BALDWIN PARK    3    114  
CITY OF BALDWIN PARK    4,605    153,504  
CITY OF BEAUMONT    14    460  
CITY OF BEAUMONT    1,948    64,940  
CITY OF BELLFLOWER    2    43  
CITY OF BERKELEY    4    50  
CITY OF BOTHELL    1    19  
CITY OF BRAWLEY    12    304  
CITY OF BRAWLEY    7,104    177,597  
CITY OF BURBANK    7    94  
CITY OF CALABASAS    11    221  
CITY OF CHARLOTTESVILLE    2,471    172,297  
CITY OF CHARLOTTESVILLE    55,262    552,618  
CITY OF CHICO    --    1  
CITY OF CLAREMONT    --    1  
CITY OF CLOVERDALE    1    61  
CITY OF COLFAX    1    13  
CITY OF COLORADO SPRINGS    232    9,265  
CITY OF COVINA    6    94  
CITY OF CULVER CITY    3    30  
CITY OF DEER PARK    --    5  
CITY OF DESERT HOT SPRINGS    4    88  
CITY OF DOWNEY    1    11  
CITY OF EL MONTE    3    39  
CITY OF ELK GROVE    --    3  
CITY OF FONTANA    30    608  
CITY OF FONTANA    36,871    737,422  
CITY OF GARDENA    1    30  
CITY OF GLENDALE    4    61  
CITY OF HARRISONBURG TREASURER    48    A  

28


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 3 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

CITY OF HAWTHORNE    2    31  
CITY OF HERMOSA    21    353  
CITY OF HERMOSA BEACH    17,024    283,727  
CITY OF HOLTVILLE    1    25  
CITY OF HOLTVILLE    1,631    32,622  
CITY OF HUNTINGTON BEACH    1    30  
CITY OF HUNTINGTON PARK    2    33  
CITY OF INDIO    --    5  
CITY OF INGLEWOOD    1    8  
CITY OF ISSAQUAH    --    7  
CITY OF KALAMA    3    46  
CITY OF KELSO    26    435  
CITY OF KELSO    6,630    110,497  
CITY OF KENT    --    4  
CITY OF KIRKLAND    --    1  
CITY OF LA HABRA    50    832  
CITY OF LA HABRA    25,312    421,874  
CITY OF LA PALMA    1    23  
CITY OF LA VERNE    24    605  
CITY OF LAKEWOOD    1    47  
CITY OF LEXINGTON    --    A  
CITY OF LONG BEACH    18    255  
CITY OF LONGVIEW    83    1,381  
CITY OF LONGVIEW    21,864    364,398  
CITY OF LOS ANGELES    1,351    13,502  
CITY OF LYNWOOD    1    10  
CITY OF MALIBU    1    28  
CITY OF MARTINVILLE    179    9,168  
CITY OF MAYWOOD    --    7  
CITY OF MODESTO    1    13  
CITY OF MONTCLAIR    1    25  
CITY OF MONTEREY PARK    1    42  
CITY OF MORENO VALLEY    97    1,613  
CITY OF MORENO VALLEY    58,174    969,568  
CITY OF MOUNTAIN VIEW    0    4  
CITY OF MUKILTEO    1    18  
CITY OF NORWALK    3    49  
CITY OF OAKLAND    --    5  

29


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 4 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

CITY OF OLYMPIA    2    39  
CITY OF PALM SPRINGS    --    8  
CITY OF PALO ALTO    --    2  
CITY OF PALOUSE    3    51  
CITY OF PALOUSE    769    10,991  
CITY OF PARAMOUNT    --    4  
CITY OF PASADENA    --    84  
CITY OF PICO RIVERA    4    87  
CITY OF PICO RIVERA    11,358    227,152  
CITY OF PLACENTIA    8    240  
CITY OF PLACENTIA    14,132    403,777  
CITY OF POMONA    1    7  
CITY OF PORT HUENEME    4    108  
CITY OF PORT HUENEME    8,580    214,481  
CITY OF PORTERVILLE    1    12  
CITY OF PULLMAN    41    514  
CITY OF REDMOND    --    1  
CITY OF REDONDO BEACH    70    1,473  
CITY OF REDONDO BEACH    38,712    814,986  
CITY OF RICHMOND    2,043    A  
CITY OF RICHMOND    3,050    110,023  
CITY OF RIVERSIDE    26    401  
CITY OF ROANOKE    5    1,058  
CITY OF ROANOKE    33    A  
CITY OF SACRAMENTO    1    12  
CITY OF SALEM    108    A  
CITY OF SALINAS    1    23  
CITY OF SAN BERNARDINO    57    710  
CITY OF SAN BERNARDINO    72,070    900,871  
CITY OF SAN BUENAVENTURA    31,412    628,248  
CITY OF SAN JOSE    --    1  
CITY OF SANTA ANA    41    691  
CITY OF SANTA BARBARA    1    13  
CITY OF SANTA MONICA    203    2,032  
CITY OF SANTA MONICA    133,795    1,337,954  
CITY OF SANTA ROSA    1    18  
CITY OF SEAL BEACH    12    107  
CITY OF SEATTLE    --    3  

30


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 5 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

CITY OF SEQUIM    1    38  
CITY OF SIERRA MADRE    4    59  
CITY OF SOUTH PASADENA    2    36  
CITY OF SPOKANE    3    58  
CITY OF STANTON    1    16  
CITY OF SUNNYVALE    --    11  
CITY OF TACOMA    --    2  
CITY OF TORRANCE    8    130  
CITY OF TURNWATER    2    30  
CITY OF VALLEJO    --    2  
CITY OF VANCOUVER    2    33  
CITY OF VENTURA    42    830  
CITY OF WAYNESBORO    29,395    293,948  
CITY OF WESTMINISTER    --    9  
CITY OF WESTPORT    1    15  
CITY OF WHITTIER    17    330  
CITY OF WINCHESTER    17,255    172,549  
CITY OF WINLOCK    1    9  
CITY OF WOODLAND    7    144  
CITY OF ZILLAH    1    10  
CITY TREASURER    --    A  
CLARKE COUNTY    2    A  
CLINTON COUNTY TREASURER    --    A  
COLONIAL HEIGHTS, CITY OF    --    A  
COLORADO DEPT. OF REVENUE    952    35,753  
COLORADO DEPT. OF REVENUE    3,180    101,024  
COLUMBIA COUNTY TREASURER    --    A  
COMMISSIONER OF REVENUE SERVICES    67,968    1,294,635  
COMMISSIONER OF REVENUE SERVICES    80,583    1,343,054  
COMMONWEALTH OF MASSACHUSETTS    58    1,158  
COMMONWEALTH OF MASSACHUSETTS    3,235    64,693  
COMPTROLLER OF MARYLAND    13,421    268,418  
COMPTROLLER OF PUBLIC ACCOUNTS    22    344  
COMPTROLLER, CITY OF BUFFALO    12,800    426,667  
COUNTY OF ALBEMARLE    554    95,117  
COUNTY OF GOOCHLAND    --    A  
COUNTY OF LOS ANGELES    1,495    29,895  
COUNTY OF MONTGOMERY    9,261    92,605  
COUNTY OF SACRAMENTO    --    16  

31


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 6 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

CULPEPPER COUNTY TREASURER    15    A  
DANVILLE INDEPENDENT SCHOOL DISTRICT    4,575    152,486  
DAVIESS COUNTY BOARD OF EDUCATION    16,458    548,591  
DAVIESS COUNTY SCHOOL DISTRICT    265    8,847  
E-911 AUTHORITY    --    A  
ELLIOT COUNTY SCHOOL DISTRICT    299    9,950  
ERIE COUNTY COMPTROLLER    6,017    A  
ESSEX COUNTY TREASURER    (2 )  A  
FAUQUIER COUNTY    24    A  
FLORIDA CST FUND    156,460    1,096,156  
FLORIDA DEPARTMENT OF REVENUE    151,393    2,205,277  
FLORIDA DEPARTMENT OF REVENUE    2,957,986    42,835,470  
FRANKLIN COUNTY PUBLIC SAFETY    4    A  
FRANKLIN COUNTY SCHOOL DISTRICT    85    2,844  
FREDERICK COUNTY    166    A  
GARRAD COUNTY SCHOOL DISTRICT    977    32,575  
GENESEE, COUNTY OF    11    A  
GEORGIA DEPARTMENT OF REVENUE    10,821    155,215  
GILES    --    A  
GREENE COUNTY    14    A  
HALIFAX COUNTY TREASURER    18    A  
HANCOCK COUNTY BOARD OF EDUCATION    827    27,570  
HANOVER COUNTY    577    28,455  
HANOVER COUNTY TREASURER    366    A  
HARLAN COUNTY SCHOOL DISTRICT    230    7,659  
HARRISON COUNTY SCHOOL DISTRICT    2,689    89,630  
HARRODSBURG INDEPENDENT BOARD OF EDUCATION    2,662    88,738  
HENDERSON COUNTY BOARD OF EDUCATION    2,104    70,128  
HENRICO COUNTY    1,452    A  
HENRY COUNTY TREASURER    1    A  
IDAHO STATE TAX COMMISSION    1,876    37,506  
IL DEPT OF REVENUE    --    1,094  
IN PURC    --    3,229  
INDIANA DEPARTMENT OF REVENUE    28,019    466,971  
INTERNAL REVENUE SERVICE    74,923    2,497,320  
JACKSON INDEPENDENT SCHOOLS    459    15,306  
JESSAMINE COUNTY BOARD OF EDUCATION    4,579    152,649  
KANSAS DEPT. OF REVENUE    17,440    238,951  
KENTUCKY REVENUE CABINET    1,851    30,856  

32


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 7 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

LAUREL COUNTY SCHOOL DISTRICT    9,514    317,127  
LEE COUNTY SCHOOL DISTRICT    1,158    38,612  
LESLIE COUNTY SCHOOL DISTRICT    894    29,814  
LETCHER COUNTY BOARD OF EDUCATION    774    25,796  
LEWIS COUNTY BOARD OF EDUCATION    883    35,305  
LEWIS COUNTY SCHOOL DISTRICT    26    1,057  
LINCOLN COUNTY BOARD OF EDUCATION    1,299    43,313  
LOGAN COUNTY SCHOOL DISTRICT    32    1,080  
LYNCHBURG, CITY OF    658    A  
MADISON COUNTY SCHOOL DISTRICT    12,306    410,204  
MAINE REVENUE SERVICES    228,862    4,577,258  
MARION COUNTY BOARD OF EDUCATION    2,561    85,362  
MARTINSVILLE, CITY OF - TREASURER    57    A  
MCLEAN COUNTY SCHOOL DISTRICT    446    14,856  
MENIFEE COUNTY SCHOOL DISTRICT    498    16,593  
MERCER COUNTY SCHOOL DISTRICT    1,635    54,489  
MINNESOTA DEPARTMENT OF REVENUE    12    182  
MISSISSIPPI STATE TAX COMMISSION    1,896    27,084  
MISSISSIPPI STATE TAX COMMISSION    40,825    583,223  
MONTANA DEPT. OF REVENUE    8    201  
MONTGOMERY COUNTY 911    --    A  
MONTGOMERY COUNTY TREASURER    --    A  
MORGAN COUNTY SCHOOL DISTRICT    1,253    41,759  
MTEAF    41    8,247  
NC DEPARTMENT OF REVENUE    14,787    208,161  
NECA KUSF    33    817  
NECA PAUSF    1,580    --  
NECA VUSF    261    21,717  
NELSON COUNTY BOARD OF EDUCATION    1,084    36,136  
NICHOLAS COUNTY SCHOOL DISTRICT    549    18,300  
NJ DIVISION OF TAXATION    1,280    21,337  
NORTON CITY OF    8    A  
NYS ESTIMATED CORPORATION TAX    1,038    41,564  
NYS ESTIMATED CORPORATION TAX    6,791    1,810,709  
NYS ESTIMATED CORPORATION TAX    39,694    1,587,770  
NYS SALES TAX PROCESSING    77,103    1,714,171  
OHIO COUNTY SCHOOL DISTRICT    17    576  
OKLAHOMA TAX COMMISSION    998    17,205  
ORLEANS COUNTY TREASURER    4    A  

33


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 8 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

OSET    (8 )  A  
OTSEGO, COUNTY OF    --    A  
OWENSBORO BOARD OF EDUCATION    12,011    400,367  
OWSLEY COUNTY BOARD OF EDUCATION    390    12,985  
PA DEPARTMENT OF REVENUE    194,662    3,561,095  
PA DEPT. OF REVENUE    13    217  
PA DEPT. OF REVENUE    4,792    95,801  
PAGE COUNTY    15    A  
PARIS INDEPENDENT SCHOOL DISTRICT    2,682    89,406  
PATRICK COUNTY E911 FUND    --    A  
PERRY COUNTY SCHOOL DISTRICT    265    8,831  
PITTSYLVANIA COUNTY    132    A  
POWELL COUNTY SCHOOL DISTRICT    2,682    89,406  
POWHATTAN COUNTY TREASURER    36    A  
PULASKI COUNTY TREASURER    7    A  
PULASKI, TOWN OF    --    A  
RADFORD COUNTY    3    A  
RHODE ISLAND DIVISION OF TAXATION    17    245  
ROANOKE COUNTY    15    A  
ROCKCASTLE COUNTY SCHOOL DISTRICT    746    24,871  
RUSSELL INDEPENDENT SCHOOL DISTRICT    5,901    196,710  
SARATOGA COUNTY TREASURER    (20 )  A  
SCHENECTADY COUNTY    (38 )  A  
SCHOHARIE COUNTY TREASURER    1    A  
SCOTT COUNTY SCHOOL DISTRICT    5,862    195,395  
SOUTH CAROLINA DEPT. OF REVENUE    47,823    796,054  
SPOTSYLVANIA COUNTY    48    A  
STATE OF CONNECTICUT    460,800    8,386,571  
STATE OF MICHIGAN    164    2,733  
STATE OF NEW HAMPSHIRE    39    A  
STATE OF NEW HAMPSHIRE    2,730    39,014  
STATE OF NEW HAMPSHIRE    47,082    672,599  
STATE TAX DEPARTMENT    243,494    4,058,229  
STAUNTON COUNTY    52    A  
TARGETED ACCESSIBILITY FUND OF NY    --    3,714  
TAZEWELL COUNTY    6    A  
TN DEPARTMENT OF REVENUE    26,656    331,712  
TOWN OF BLACKSBURG    16,214    162,140  
TOWN OF MT CRESTED BUTTE    1,303    28,947  
TOWN OF SOUTH BOSTON    4,715    47,149  

34


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule III

Court Reporting schedules for Sales and Other Taxes Due and Gross Taxable Sales
for the Month Ended March 31, 2003

Page 9 of 9


Taxing Jurisdiction
Sales and
Other
Taxes Due

Gross
Taxable Sales

TREASURER STATE OF MAINE    2    A  
TREASURER STATE OF OHIO    105,683    1,601,455  
UNION COUNTY SCHOOL DISTRICT    2,569    85,627  
USAC    46,717    --  
VERMONT DEPARTMENT OF TAXES    958    21,963  
VERMONT DEPARTMENT OF TAXES    248,334    4,966,670  
VINTON TREASURER    1    A  
VIRGINIA DEPARTMENT OF TAXATION    8,231    182,967  
WARREN COUNTY TREASURER    (34 )  A  
WASHINGTON UTILITIES&TRANSPORTATION COMMISSION    --    48,621  
WASHINGTON COUNTY ADMINISTRATORS    (12 )  A  
WASHINGTON COUNTY BOARD OF EDUCATION    151    5,043  
WASHINGTON DEPT. OF REVENUE    494    8,726  
WEBSTER COUNTY BOARD OF EDUCATION    822    27,380  
WEST VIRGINIA DEPT. OF TAX AND REVENUE    13,719    228,664  
WINCHESTER CITY TREASURER    461    A  
WISCONSIN DEPARTMENT OF REVENUE    8    --  
WOLFE COUNTY SCHOOL DISTRICT    721    24,043  
WOODFORD COUNTY BOARD OF EDUCATION    4,865    162,179  
WYOMING COUNTY TREASURER    8    A  
WYOMING DEPARTMENT OF REVENUE    8    132  


     Total   $ 6,263,892   $ 102,978,283  


35


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule IV

Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended March 31, 2003

Page 1 of 3


Payee
Amount Paid
Check Date
ADAMS COUNTY COLLECTOR     $ 1,126   03/29/03    
ADVANTA LEASING SERVICES    105   03/20/03  
ALLEGHENY COUNTY TREASURER    686   03/03/03  
ALLEGHENY COUNTY TREASURER    4,592   03/12/03  
ALLEGHENY COUNTY TREASURER    1,525   03/29/03  
ANATON ASSOCIATES    808   03/18/03  
ANATON ASSOCIATES    9   03/19/03  
ANATON ASSOCIATES    --   03/26/03  
ANDERSON COUNTY KY    4,448   03/19/03  
ARCHBALD BOROUGH    185   03/21/03  
AUBURN SCHOOL TAX COLLECTOR    8,407   03/29/03  
BEDFORD COUNTY COL    10   03/05/03  
BETHEL PARK MUNICIPALITY PA    3,804   03/29/03  
BETHEL PARK SCHOOL DISTRICT    12,254   03/12/03  
BLACKBURN CENTER, LLC    433   03/26/03  
BOROUGH OF COUDERSPORT    15,871   03/29/03  
BROWARD COUNTY    147,027   03/20/03  
CAL & JOANNE FAMILY LTD PRTNRSP    200   03/21/03  
CANYON SPRINGS PLAZA, LLC    310   03/21/03  
CITY OF AUBURN    4,559   03/29/03  
CITY OF CHARLOTTESVILLE    57,557   03/21/03  
CITY OF LOCKPORT    5,346   03/19/03  
CITY OF LOCKPORT    9,126   03/24/03  
CITY OF OWINGSVILLE    518   03/11/03  
CITY OF RUTLAND    --   03/06/03  
CITY OF SOUTH BURLINGTON    --   03/06/03  
CITY OF STAUNTON    1,399   03/10/03  
CITY OF STAUNTON    1,174   03/29/03  
CITY TREASURER OF DUNKIRK    1,226   03/19/03  
CLINTON COUNTY TREASURER    1,685   03/11/03  
COFFEE COUNTY    811   03/28/03  
COLUMBUS COUNTY    884   03/27/03  
COUNTY OF CITRUS    670   03/05/03  
COUNTY OF CITRUS    70   03/19/03  
COWLITZ COUNTY    12,658   03/24/03  
DANVILLE CITY TAX DEPARTMENT    4,360   03/14/03  
DORIS LAWTON    783   03/14/03  
DORIS LAWTON    145   03/28/03  
DURYEA BOROUGH    19,104   03/21/03  
EASTLAKE COMMERCIAL    69   03/26/03  
ELLIOTT COUNTY SHERIFF    1,897   03/29/03  

36


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule IV

Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended March 31, 2003

Page 2 of 3


Payee
Amount Paid
Check Date
ESSEX COUNTY    2,495   03/17/03  
FINISTERRA CORPORATION    20,895   03/10/03  
GE CAPITAL FLEET SERVICES    13,265   03/18/03  
GLYNN CNTY. TAX COMMISSIONER    --   03/17/03  
GROTON TOWN    32   03/28/03  
HAMMONDSPORT VILLAGE    122   03/04/03  
HARBORCREEK TOWNSHIP    3,614   03/24/03  
HERTFORD COUNTY TAX OFFICE    119   03/11/03  
HUNTERSVILLE TOWN    --   03/18/03  
HUNTERSVILLE TOWN    1,884   03/24/03  
INDIANOLA CITY    802   03/28/03  
IREDELL COUNTY TAX COLLECTOR    --   03/10/03  
J.J.D. ASSOCIATES OF    2,909   03/04/03  
JAMES S. HENDERSON    482   03/03/03  
JOHNSON VILLAGE    --   03/06/03  
KIR TEMECULA L.P.    105   03/25/03  
LACKAWANNA COUNTY TAX COLLECTOR    577   03/05/03  
LLB INVESTMENTS    2,302   03/12/03  
LOCK HAVEN CITY TREASURER    2,003   03/11/03  
LOS ANGELES COUNTY    3,903   03/12/03  
LOS ANGELES COUNTY    15,977   03/24/03  
MCKEAN COUNTY/ELDRED BOROUGH    432   03/05/03  
MCKEAN COUNTY/WET    58   03/03/03  
MIFFLIN COUNTY    --   03/18/03  
NEW CASTLE CITY    2,275   03/24/03  
NIAGARA FALLS CITY    9,266   03/03/03  
NICHOLAS COUNTY    5,185   03/19/03  
NORTH CODORUS TOWNSHIP    101   03/21/03  
NORTH EAST TOWNSHIP    320   03/24/03  
ORANGE COUNTY    8,887   03/12/03  
PACIFIC CORPORATE STRUCTURES    1,709   03/26/03  
PITTSYLVANIA COUNTY    86   03/24/03  
RIVERSIDE COUNTY    570   03/10/03  
ROBERT R WANTZ    904   03/05/03  
RUSH TOWNSHIP TAX C    51   03/24/03  
SAN BERNARDINO COUNTY TREASURER    68,816   03/12/03  
SAN DIEGO COUNTY    30,512   03/12/03  
SEASIDE RANCHOS    839   03/04/03  
SHERIFF OF HAMPSHIRE COUNTY    126   03/20/03  
SHERIFF OF LESLIE CO    5,126   03/29/03  
SHERIFF OF MINERAL COUNTY    2,931   03/20/03  
SHERIFF OF MORGAN COUNTY    3,063   03/20/03  

37


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule IV

Court Reporting schedules for Real Estate and Personal Property Taxes Paid
for the Month Ended March 31, 2003

Page 3 of 3


Payee
Amount Paid
Check Date
TELIMAGINE INC/SPRINT AUTH REP    88   03/11/03  
TOWN OF ACCIDENT TREASURER    351   03/05/03  
TOWN OF AMESBURY    273   03/24/03  
TOWN OF BAR HARBOR    8,022   03/05/03  
TOWN OF BOSTON    1,789   03/03/03  
TOWN OF BRATTLEBORO    --   03/06/03  
TOWN OF BRATTLEBORO    76   03/24/03  
TOWN OF BRISTOL    5,385   03/12/03  
TOWN OF BUCKSPORT    4,083   03/05/03  
TOWN OF CASTLETON    --   03/06/03  
TOWN OF CASTLETON    444   03/19/03  
TOWN OF CHARLESTOWN    657   03/10/03  
TOWN OF CONCORD    2,990   03/03/03  
TOWN OF HERMON    651   03/12/03  
TOWN OF HERMON    9,307   03/19/03  
TOWN OF NORWICH    10,306   03/17/03  
TOWN OF READING    --   03/06/03  
TOWN OF READING    21   03/19/03  
TOWN OF ROCKINGHAM    22   03/19/03  
TOWN OF SLAUGHTERS TREASURER    15   03/05/03  
TOWN OF SPRINGFIELD    6,393   03/12/03  
TOWN OF WALES    588   03/03/03  
TOWN OF WINDHAM    6,754   03/12/03  
TOWN OF WINTHROP    15,404   03/12/03  
TOWNSHIP OF EULALIA    385   03/29/03  
TREASURER CITY AND SCHOOL    2,114   03/19/03  
TYRONE BOROUGH COLLECTOR    744   03/24/03  
VENTURA COUNTY TAX COLLECTOR    18,723   03/12/03  
VILLAGE OF SAXTONS RIVER    --   03/06/03  
VILLAGE OF SAXTONS RIVER    9   03/19/03  
WHITMAN COUNTY TREASURER    20,767   03/24/03  
YORK COUNTY TAX COLLECTOR    725   03/21/03  

     Total   $ 655,670  

38


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule V

Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended March 31, 2003

Page 1 of 7


Taxing Jurisdiction
Tax Type
Amount Paid
Date Paid
ALBANY COUNTY     911 Surcharge     $ 82   03/28/03    
ALBEMARLE COUNTY   911 Surcharge    5,078   03/28/03  
AMHERST COUNTY   911 Surcharge    8   03/28/03  
BOARD OF EQUALIZATION   911 Surcharge    455   03/28/03  
CAMPBELL COUNTY   911 Surcharge    285   03/28/03  
CATTARAUGUS COUNTY   911 Surcharge    25   03/28/03  
CHESTERFIELD COUNTY   911 Surcharge    240   03/20/03  
CITY OF BEDFORD   911 Surcharge    68   03/28/03  
CITY OF CHARLOTTESVILLE   911 Surcharge    2,232   03/28/03  
CITY OF HARRISONBURG TREASURER   911 Surcharge    48   03/29/03  
CITY OF LYNCHBURG   911 Surcharge    714   03/28/03  
CITY OF RICHMOND   911 Surcharge    2,041   03/28/03  
CITY OF ROANOKE TREASURER   911 Surcharge    39   03/20/03  
CITY OF SALEM   911 Surcharge    82   03/28/03  
CITY OF STAUNTON   911 Surcharge    52   03/28/03  
CITY OF WINCHESTER   911 Surcharge    662   03/28/03  
COUNTY OF AUGUSTA TREASURER   911 Surcharge    24   03/28/03  
COUNTY OF FREDERICK   911 Surcharge    166   03/28/03  
COUNTY OF GENESEE   911 Surcharge    11   03/28/03  
COUNTY OF HALIFAX   911 Surcharge    18   03/28/03  
COUNTY OF PULASKI   911 Surcharge    7   03/28/03  
COUNTY OF ROANOKE   911 Surcharge    19   03/28/03  
CULPEPER COUNTY TREASURER   911 Surcharge    9   03/28/03  
DIRECTOR OF FINANCE   911 Surcharge    8   03/28/03  
ERIE COUNTY COMPTROLLER   911 Surcharge    6,079   03/28/03  
EXECUTIVE DIRECTOR-NHBEC (E-911   911 Surcharge    39   03/28/03  
FAUQUIER COUNTY TREASURER   911 Surcharge    24   03/28/03  
FRANKLIN COUNTY PUBLIC SAFETY   911 Surcharge    8   03/28/03  
GREENE COUNTY   911 Surcharge    14   03/28/03  
HENRICO COUNTY   911 Surcharge    1,471   03/28/03  
MARTINSVILLE CITY TREASURER   911 Surcharge    104   03/28/03  
NORTON CITY TAX COLLECTOR   911 Surcharge    8   03/28/03  
ORLEANS COUNTY TREASURER   911 Surcharge    8   03/28/03  
PAGE COUNTY   911 Surcharge    15   03/28/03  
PITTSYLVANIA COUNTY   911 Surcharge    132   03/28/03  
POWHATAN COUNTY TREASURER   911 Surcharge    36   03/28/03  
SARATOGA COUNTY TREASURER   911 Surcharge    11   03/28/03  
SCHENECTADY COUNTY   911 Surcharge    14   03/28/03  
SPOTSYLVANIA COUNTY   911 Surcharge    48   03/28/03  
TAZEWELL COUNTY   911 Surcharge    6   03/28/03  
TREASURER OF HANOVER COUNTY   911 Surcharge    365   03/28/03  

39


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule V

Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended March 31, 2003

Page 2 of 7


Taxing Jurisdiction
Tax Type
Amount Paid
Date Paid
WARREN COUNTY SHERIFF   911 Surcharge    16   03/28/03  
WARREN COUNTY TREASURER   911 Surcharge    12   03/28/03  
WASHINGTON COUNTY   911 Surcharge    6   03/28/03  
WYOMING COUNTY NY   911 Surcharge    8   03/28/03  
INTERNAL REVENUE SERVICE   Federal Excise Tax    41,518   03/10/03  
INTERNAL REVENUE SERVICE   Federal Excise Tax    25,779   03/25/03  
ALABAMA DEPARTMENT OF REVENUE   Gross Receipts Tax    386   03/13/03  
ALAMEDA COUNTY   Gross Receipts Tax    6   03/14/03  
CALIFORNIA HIGH COST FUND - A   Gross Receipts Tax    166   03/10/03  
CALIFORNIA HIGH COST FUND-B   Gross Receipts Tax    656   03/10/03  
CITY OF MONTEREY PARK   Gross Receipts Tax    5   03/14/03  
CITY OF ALAMEDA   Gross Receipts Tax    5   03/17/03  
CITY OF ARCADIA   Gross Receipts Tax    24   03/14/03  
CITY OF BALDWIN PARK   Gross Receipts Tax    8   03/14/03  
CITY OF BEAUMONT   Gross Receipts Tax    10   03/14/03  
CITY OF BERKELEY   Gross Receipts Tax    7   03/14/03  
CITY OF BRAWLEY   Gross Receipts Tax    14   03/14/03  
CITY OF CALABASAS   Gross Receipts Tax    10   03/14/03  
CITY OF COVINA   Gross Receipts Tax    6   03/14/03  
CITY OF CULVER CITY   Gross Receipts Tax    9   03/14/03  
CITY OF DESERT HOT SPRINGS   Gross Receipts Tax    11   03/14/03  
CITY OF FONTANA   Gross Receipts Tax    18   03/14/03  
CITY OF GLENDALE   Gross Receipts Tax    6   03/14/03  
CITY OF HAWTHORNE   Gross Receipts Tax    6   03/14/03  
CITY OF HERMOSA BEACH   Gross Receipts Tax    22   03/14/03  
CITY OF HUNTINGTON PARK   Gross Receipts Tax    7   03/14/03  
CITY OF LA HABRA   Gross Receipts Tax    44   03/14/03  
CITY OF LA VERNE   Gross Receipts Tax    23   03/14/03  
CITY OF LONG BEACH   Gross Receipts Tax    11   03/14/03  
CITY OF LOS ANGELES   Gross Receipts Tax    1,490   03/14/03  
CITY OF MALIBU   Gross Receipts Tax    6   03/14/03  
CITY OF MORENO VALLEY   Gross Receipts Tax    82   03/14/03  
CITY OF PASADENA   Gross Receipts Tax    7   03/14/03  
CITY OF PICO RIVERA   Gross Receipts Tax    8   03/14/03  
CITY OF PLACENTIA   Gross Receipts Tax    9   03/14/03  
CITY OF PORT HUENEME   Gross Receipts Tax    7   03/14/03  
CITY OF PULLMAN   Gross Receipts Tax    70   03/13/03  
CITY OF REDONDO BEACH   Gross Receipts Tax    79   03/14/03  
CITY OF RIVERSIDE   Gross Receipts Tax    26   03/14/03  
CITY OF SACRAMENTO   Gross Receipts Tax    5   03/14/03  
CITY OF SAN BERNARDINO   Gross Receipts Tax    52   03/14/03  
CITY OF SANTA ANA   Gross Receipts Tax    37   03/14/03  

40


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule V

Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended March 31, 2003

Page 3 of 7


Taxing Jurisdiction
Tax Type
Amount Paid
Date Paid
CITY OF SANTA MONICA   Gross Receipts Tax    234   03/14/03  
CITY OF SEAL BEACH   Gross Receipts Tax    10   03/14/03  
CITY OF SEATTLE   Gross Receipts Tax    8   03/28/03  
CITY OF SOUTH PASADENA   Gross Receipts Tax    7   03/14/03  
CITY OF TORRANCE   Gross Receipts Tax    10   03/14/03  
CITY OF VENTURA   Gross Receipts Tax    43   03/14/03  
CITY OF WHITTIER   Gross Receipts Tax    23   03/14/03  
DEAF TRUST   Gross Receipts Tax    139   03/10/03  
FLORIDA DEPT OF REVENUE   Gross Receipts Tax    9,462   03/20/03  
IDAHO UNIVERSAL SERVICE FUND   Gross Receipts Tax    42   03/04/03  
IDAHO UNIVERSAL SERVICE FUND   Gross Receipts Tax    35   03/21/03  
ILLINOIS COMMERCE COMMISSION   Gross Receipts Tax    2   03/13/03  
NECA PAUSF   Gross Receipts Tax    696   03/14/03  
NECA VUSF   Gross Receipts Tax    273   03/13/03  
PA DEPARTMENT OF REVENUE   Gross Receipts Tax    110,251   03/17/03  
PUBLIC SERVICE COMMISSION   Gross Receipts Tax    202   03/13/03  
STATE DEPT OF ASSESSMENTS &   Gross Receipts Tax    899   03/04/03  
STATE OF CONNECTICUT   Gross Receipts Tax    1,136,224   03/31/03  
STATE OF NEW HAMPSHIRE   Gross Receipts Tax    2,902   03/13/03  
UNIVERSAL SERVICE ADMINSTRATIVE   Gross Receipts Tax    53,638   03/04/03  
UNIVERSAL SERVICE ADMINSTRATIVE   Gross Receipts Tax    53,638   03/29/03  
ARIZONA DEPARTMENT OF REVENUE   Sales Tax    3   03/14/03  
BATH COUNTY SCHOOL D   Sales Tax    1,176   03/07/03  
BEREA INDEPENDENT SCHOOL DIST   Sales Tax    1,806   03/07/03  
BOARD OF EQUALIZATION   Sales Tax    50   03/24/03  
BOURBON COUNTY SCHOOL   Sales Tax    572   03/07/03  
BOYLE COUNTY SCHOOL DISTRICT   Sales Tax    1,494   03/07/03  
BREATHITT COUNTY SCH   Sales Tax    952   03/07/03  
BURGIN EDUCATION BO   Sales Tax    311   03/07/03  
BUTLER COUNTY SCHOOL DISTRICT   Sales Tax    50   03/07/03  
CARTER COUNTY SCHOOL   Sales Tax    1,553   03/07/03  
CITY OF COLORADO SPRINGS   Sales Tax    221   03/07/03  
CITY OF LA HABRA   Sales Tax    25,228   03/11/03  
CITY OF REDONDO BEACH CA   Sales Tax    37,888   03/11/03  
CITY OF SANTA MONICA   Sales Tax    133,457   03/11/03  
COLORADO DEPARTMENT OF REVENUE   Sales Tax    326   03/11/03  
COLORADO DEPT OF REVENUE   Sales Tax    2,695   03/20/03  
COMMONWEALTH OF MASS   Sales Tax    252   03/18/03  
COMMONWEALTH OF MASS   Sales Tax    130   03/19/03  
COMMONWEALTH OF MASS   Sales Tax    283   03/20/03  
COMPTROLLER OF MARYLAND   Sales Tax    4,013   03/07/03  
COMPTROLLER OF MD   Sales Tax    7,129   03/21/03  

41


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule V

Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended March 31, 2003

Page 4 of 7


Taxing Jurisdiction
Tax Type
Amount Paid
Date Paid
CONNECTICUT DEPT OF REVENUE   Sales Tax    77,901   03/31/03  
DANVILLE INDEPENDENT SCHOOL DIS   Sales Tax    4,615   03/07/03  
DAVIESS CO BOARD OF EDUCATION   Sales Tax    16,254   03/07/03  
DEPARTMENT OF REVENUE   Sales Tax    59,824   03/20/03  
DEPARTMENT OF TAX & REVENUE   Sales Tax    13,719   03/06/03  
ELLIOTT COUNTY SCHOO   Sales Tax    295   03/07/03  
FLORIDA DEPT OF REVENUE   Sales Tax    16   03/17/03  
FLORIDA DEPT OF REVENUE   Sales Tax    142,656   03/20/03  
FRANKLIN COUNTY SCHOOL DISTRICT   Sales Tax    87   03/07/03  
GARRARD COUNTY SCHOOL DISTRICT   Sales Tax    961   03/07/03  
GEORGIA DEPARTMENT OF REVENUE   Sales Tax    10,355   03/14/03  
HANCOCK COUNTY BOARD OF   Sales Tax    842   03/07/03  
HARLAN COUNTY SCHOOL   Sales Tax    234   03/07/03  
HARRISON COUNTY SCHOOL DISTRICT   Sales Tax    2,715   03/07/03  
HARRODSBURG BOARD OF EDUCATION   Sales Tax    2,642   03/07/03  
HENDERSON CO BOARD OF EDUCATION   Sales Tax    2,044   03/07/03  
IDAHO STATE TAX COMMISSION   Sales Tax    1,849   03/17/03  
INDIANA DEPT OF REVENUE   Sales Tax    1,275   03/14/03  
INDIANA DEPT OF REVENUE   Sales Tax    26,099   03/20/03  
JACKSON INDEPENDENT SCHOOLS   Sales Tax    445   03/07/03  
KANSAS DEPT OF REVENUE   Sales Tax    16,409   03/25/03  
KENTUCKY REVENUE CABINET   Sales Tax    58   03/20/03  
LAUREL COUNTY SCHOOL   Sales Tax    9,231   03/07/03  
LEE COUNTY SCHOOL DI   Sales Tax    1,167   03/07/03  
LESLIE COUNTY SCHOOL   Sales Tax    887   03/07/03  
LETCHER COUNTY BOARD OF EDUCATI   Sales Tax    817   03/07/03  
LINCOLN COUNTY BOARD OF EDUCATI   Sales Tax    1,269   03/07/03  
LOGAN COUNTY SCHOOL DISTRICT   Sales Tax    32   03/07/03  
MADISON COUNTY SCHOOL DISTRICT   Sales Tax    18,262   03/10/03  
MAINE REVENUE SERVICE   Sales Tax    13,716   03/17/03  
MAINE REVENUE SERVICES   Sales Tax    224,229   03/17/03  
MARION COUNTY SCHOOL   Sales Tax    2,557   03/10/03  
MCLEAN COUNTY SCHOOL DISTRICT   Sales Tax    442   03/10/03  
MENIFEE COUNTY SCHOO   Sales Tax    522   03/10/03  
MERCER COUNTY SCHOOL DISTRICT   Sales Tax    1,638   03/10/03  
MINOLTA CORPORATION   Sales Tax    536   03/03/03  
MINOLTA CORPORATION   Sales Tax    4   03/28/03  
MISSISSIPPI STATE TAX COMMISSIO   Sales Tax    33,279   03/12/03  
MISSISSIPPI STATE TAX COMMISSIO   Sales Tax    6,688   03/14/03  
MORGAN COUNTY SCHOOL   Sales Tax    1,254   03/10/03  
NELSON COUNTY BOARD OF EDUCATIO   Sales Tax    1,091   03/10/03  
NEW JERSEY SALES TAX   Sales Tax    130   03/14/03  

42


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule V

Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended March 31, 2003

Page 5 of 7


Taxing Jurisdiction
Tax Type
Amount Paid
Date Paid
NICHOLAS COUNTY SCHO   Sales Tax    554   03/10/03  
NORTH CAROLINA DEPT OF REVENUE   Sales Tax    14,585   03/13/03  
NORTH CAROLINA DEPT OF REVENUE   Sales Tax    617   03/14/03  
NYS SALES TAX PROCESSING   Sales Tax    61,145   03/17/03  
NYS SALES TAX PROCESSING   Sales Tax    22,784   03/18/03  
NYS SALES TAX PROCESSING   Sales Tax    8,397   03/20/03  
OHIO COUNTY SCHOOL DISTRICT   Sales Tax    16   03/10/03  
OKLAHOMA TAX COMMISSION   Sales Tax    990   03/13/03  
OWENSBORO BOARD OF EDUCATION   Sales Tax    11,696   03/10/03  
OWSLEY COUNTY BOARD OF EDUCATIO   Sales Tax    392   03/11/03  
PA DEPARTMENT OF REVENUE   Sales Tax    59,013   03/20/03  
PA DEPT. OF REVENUE   Sales Tax    38,654   03/20/03  
PARIS INDEPENDENT SCHOOLS   Sales Tax    2,755   03/10/03  
PERRY COUNTY SCHOOL   Sales Tax    262   03/11/03  
POWELL COUNTY SCHOOL   Sales Tax    2,755   03/11/03  
ROCKCASTLE COUNTY SCHOOL   Sales Tax    765   03/11/03  
SCOTT COUNTY SCHOOL   Sales Tax    5,856   03/11/03  
SOUTH CAROLINA DEPARTMENT OF   Sales Tax    46,699   03/20/03  
STATE OF CONNECTICUT   Sales Tax    261,698   03/31/03  
STATE TAX DEPARTMENT   Sales Tax    240,289   03/11/03  
TENNESSEE DEPT OF REVENUE   Sales Tax    25,357   03/17/03  
TOWN OF MT CRESTED BUTTE   Sales Tax    1,381   03/07/03  
TREASURER OF STATE OF OHIO   Sales Tax    73,163   03/21/03  
TREASURER STATE OF OHIO   Sales Tax    13,702   03/17/03  
TREASURER STATE OF OHIO   Sales Tax    3,271   03/18/03  
TREASURER STATE OF OHIO   Sales Tax    16   03/19/03  
TREASURER STATE OF OHIO   Sales Tax    8,765   03/21/03  
UNION COUNTY SCHOOL DISTRICT   Sales Tax    2,582   03/11/03  
VERMONT DEPT OF TAXES   Sales Tax    98,361   03/25/03  
VERMONT DEPT OF TAXES   Sales Tax    148,417   03/26/03  
VIRGINIA DEPARTMENT OF TAXATION   Sales Tax    3,981   03/18/03  
WASHINGTON COUNTY BOARD OF EDU   Sales Tax    150   03/11/03  
WASHINGTON DEPT OF REVENUE   Sales Tax    579   03/24/03  
WEBSTER COUNTY BOARD OF   Sales Tax    812   03/11/03  
WOLFE COUNTY SCHOOL   Sales Tax    739   03/11/03  
WOODFORD COUNTY BOARD OF ED   Sales Tax    4,902   03/11/03  
ARIZONA DEPARTMENT OF REVENUE   Telecommunications Tax    34   03/20/03  
COLORADO DEPARTMENT OF REVENUE   Telecommunications Tax    429   03/12/03  
FLORIDA DEPT OF REVENUE   Telecommunications Tax    3,064,302   03/20/03  
GEORGIA DEPARTMENT OF REVENUE   Telecommunications Tax    185   03/12/03  
KENTUCKY REVENUE CABINET   Telecommunications Tax    1,407   03/20/03  
MISSISSIPPI STATE TAX COMMISSIO   Telecommunications Tax    79   03/12/03  

43


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule V

Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended March 31, 2003

Page 6 of 7


Taxing Jurisdiction
Tax Type
Amount Paid
Date Paid
NEW JERSEY SALES TAX   Telecommunications Tax    1,234   03/12/03  
NORTH CAROLINA DEPT OF REVENUE   Telecommunications Tax    797   03/11/03  
NYS SALES TAX PROCESSING   Telecommunications Tax    7,671   03/18/03  
NYS SALES TAX PROCESSING   Telecommunications Tax    495   03/20/03  
PA DEPARTMENT OF REVENUE   Telecommunications Tax    13,629   03/20/03  
STATE OF ARKANSAS   Telecommunications Tax    121   03/14/03  
STATE OF MICHIGAN   Telecommunications Tax    175   03/11/03  
TREASURER OF STATE OF OHIO   Telecommunications Tax    7,388   03/21/03  
VERMONT DEPT OF TAXES   Telecommunications Tax    1,004   03/25/03  
ALBEMARLE COUNTY   Utility Tax    9,071   03/20/03  
ASHLAND INDEPENDENT BOARD OF   Utility Tax    9,944   03/07/03  
BEDFORD COUNTY   Utility Tax    130   03/20/03  
BOYD COUNTY SCHOOL D   Utility Tax    3,121   03/07/03  
BRECKINRIDGE COUNTY BOARD OF   Utility Tax    556   03/07/03  
CHESTERFIELD COUNTY   Utility Tax    141   03/20/03  
CITY OF BALDWIN PARK   Utility Tax    4,071   03/11/03  
CITY OF BEAUMONT   Utility Tax    1,740   03/11/03  
CITY OF BRAWLEY   Utility Tax    6,535   03/11/03  
CITY OF CHARLOTTSVILLE   Utility Tax    16,454   03/20/03  
CITY OF FONTANA   Utility Tax    31,194   03/11/03  
CITY OF HERMOSA BEACH   Utility Tax    17,154   03/11/03  
CITY OF HERMOSA BEACH   Utility Tax    137   03/20/03  
CITY OF HOLTVILLE   Utility Tax    1,485   03/11/03  
CITY OF LOS ANGELES   Utility Tax    119   03/20/03  
CITY OF MARTINSVILLE   Utility Tax    581   03/20/03  
CITY OF MORENO VALLEY   Utility Tax    51,669   03/11/03  
CITY OF PICO RIVERA   Utility Tax    10,172   03/11/03  
CITY OF PLACENTIA   Utility Tax    13,748   03/11/03  
CITY OF PORT HUENEME   Utility Tax    8,059   03/11/03  
CITY OF REDONDO BEACH CA   Utility Tax    4   03/20/03  
CITY OF RICHMOND   Utility Tax    18,204   03/20/03  
CITY OF ROANOKE TREASURER   Utility Tax    156   03/20/03  
CITY OF SAN BERNARDINO   Utility Tax    63,167   03/11/03  
CITY OF SAN BERNARDINO   Utility Tax    53   03/20/03  
CITY OF SAN BUENAVENTURA   Utility Tax    28,476   03/11/03  
CITY OF SANTA MONICA   Utility Tax    30   03/20/03  
CITY OF TORRANCE   Utility Tax    17   03/20/03  
CITY OF WINCHESTER   Utility Tax    17,087   03/14/03  
CITY TREASURER OF WAYNESBORO   Utility Tax    29,779   03/14/03  
COMMISSIONER OF TAXATION AND   Utility Tax    1,051   03/12/03  
COUNTY OF MONTGOMERY   Utility Tax    9,512   03/14/03  
HENRICO COUNTY   Utility Tax    2,536   03/20/03  

44


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule V

Court Reporting schedules for Sales and Other Taxes Paid
for the Month Ended March 31, 2003

Page 7 of 7


Taxing Jurisdiction
Tax Type
Amount Paid
Date Paid
JESSAMINE COUNTY BOARD OF EDUCA   Utility Tax    7,488   03/07/03  
LEWIS COUNTY BOARD OF   Utility Tax    907   03/07/03  
LEWIS COUNTY SCHOOL   Utility Tax    30   03/07/03  
MADISON COUNTY SCHOOL DISTRICT   Utility Tax    60   03/11/03  
MATTEWS, CAROLE, TREASURER   Utility Tax    23,972   03/13/03  
RUSSELL INDEPENDENT   Utility Tax    5,767   03/11/03  
STATE OF NEW HAMPSHIRE   Utility Tax    35,247   03/13/03  
TOWN OF BLACKSBURG   Utility Tax    16,094   03/14/03  
TOWN OF CHRISTIANSBURG   Utility Tax    20   03/20/03  
TOWN OF SOUTH BOSTON   Utility Tax    4,940   03/14/03  
TREASURER OF CHARLOTTESVILLE   Utility Tax    53,006   03/14/03  
TREASURER OF HANOVER COUNTY   Utility Tax    99   03/20/03  
VINTON TREASURER   Utility Tax    70   03/24/03  

     Total         $ 7,147,708     

45


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VI

Court Reporting schedules for Cash Disbursements
for the Month Ended March 31, 2003

Page 1 of 6


LEGAL ENTITY
Account
Number

Case
Number

Disbursements
ACC CABLE COMMUNICATIONS FL-VA, LLC     081-02-41904     02-41904     $ 1,954,574  
ACC CABLE HOLDINGS VA, INC   081-02-41905   02-41905    --  
ACC HOLDINGS II, LLC   081-02-41955   02-41955    --  
ACC INVESTMENT HOLDINGS, INC   081-02-41957   02-41957    1,514  
ACC OPERATIONS, INC   081-02-41956   02-41956    246,686  
ACC TELECOMMUNICATIONS HOLDINGS LLC   081-02-41864   02-41864    --  
ACC TELECOMMUNICATIONS LLC   081-02-41863   02-41863    4,461,027  
ACC TELECOMMUNICATIONS OF VIRGINIA LLC   081-02-41862   02-41862    974,436  
ACC-AMN HOLDINGS, LLC   081-02-41861   02-41861    --  
ADELPHIA ACQUISITION SUBSIDIARY, INC   081-02-41860   02-41860    --  
ADELPHIA ARIZONA, INC   081-02-41859   02-41859    --  
ADELPHIA BLAIRSVILLE, LLC   081-02-41735   02-41735    --  
ADELPHIA CABLE PARTNERS, LP   081-02-41902   02-41902    5,179,354  
ADELPHIA CABLEVISION ASSOCIATES, LP   081-02-41913   02-41913    470,412  
ADELPHIA CABLEVISION CORP   081-02-41752   02-41752    958,821  
ADELPHIA CABLEVISION OF BOCA RATON, LLC   081-02-41751   02-41751    972,013  
ADELPHIA CABLEVISION OF FONTANA, LLC   081-02-41755   02-41755    --  
ADELPHIA CABLEVISION OF INLAND EMPIRE, LLC   081-02-41754   02-41754    5,356,832  
ADELPHIA CABLEVISION OF NEW YORK, INC   081-02-41892   02-41892    3,051,428  
ADELPHIA CABLEVISION OF NEWPORT BEACH, LLC   081-02-41947   02-41947    454,609  
ADELPHIA CABLEVISION OF ORANGE COUNTY II, LLC   081-02-41781   02-41781    513,788  
ADELPHIA CABLEVISION OF ORANGE COUNTY, LLC   081-02-41946   02-41946    1,227,428  
ADELPHIA CABLEVISION OF SAN BERNANDINO, LLC   081-02-41753   02-41753    --  
ADELPHIA CABLEVISION OF SANTA ANA, LLC   081-02-41831   02-41831    2,158,824  
ADELPHIA CABLEVISION OF SEAL BEACH, LLC   081-02-41757   02-41757    266,165  
ADELPHIA CABLEVISION OF SIMI VALLEY, LLC   081-02-41830   02-41830    2,008,751  
ADELPHIA CABLEVISION OF THE KENNEBUNKS, LLC   081-02-41943   02-41943    262,205  
ADELPHIA CABLEVISION OF WEST PALM BEACH III, LLC   081-02-41783   02-41783    161,924  
ADELPHIA CABLEVISION OF WEST PALM BEACH IV, LLC   081-02-41766   02-41766    2,100,907  
ADELPHIA CABLEVISION OF WEST PALM BEACH V, LLC   081-02-41764   02-41764    66,692  
ADELPHIA CABLEVISION, LLC   081-02-41858   02-41858    60,416,267  
ADELPHIA CALIFORNIA CABLEVISION, LLC   081-02-41942   02-41942    2,889,156  
ADELPHIA CENTRAL PENNSYLVANIA, LLC   081-02-41950   02-41950    3,390,764  
ADELPHIA CLEVELAND, LLC   081-02-41793   02-41793    13,086,871  
ADELPHIA COMMUNICATIONS CORPORATION   081-02-41729   02-41729    361,445  
ADELPHIA COMMUNICATIONS INTERNATIONAL, INC   081-02-41857   02-41857    --  
ADELPHIA COMMUNICATIONS OF CALIFORNIA II, LLC   081-02-41748   02-41748    2,540,519  
ADELPHIA COMMUNICATIONS OF CALIFORNIA III, LLC   081-02-41817   02-41817    1,410,318  
ADELPHIA COMMUNICATIONS OF CALIFORNIA, LLC   081-02-41749   02-41749    168,992  

46


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VI

Court Reporting schedules for Cash Disbursements
for the Month Ended March 31, 2003

Page 2 of 6


LEGAL ENTITY
Account
Number

Case
Number

Disbursements
ADELPHIA COMPANY OF WESTERN CONNECTICUT   081-02-41801   02-41801    1,892,476  
ADELPHIA GENERAL HOLDINGS III, LLC   081-02-41854   02-41854    --  
ADELPHIA GP HOLDINGS, LLC   081-02-41829   02-41829    --  
ADELPHIA GS CABLE, LLC   081-02-41908   02-41908    1,866,387  
ADELPHIA HARBOR CENTER HOLDINGS LLC   081-02-41853   02-41853    100  
ADELPHIA HOLDINGS 2001, LLC   081-02-41926   02-41926    --  
ADELPHIA INTERNATIONAL II, LLC   081-02-41856   02-41856    100  
ADELPHIA INTERNATIONAL III, LLC   081-02-41855   02-41855    100  
ADELPHIA MOBILE PHONES, INC   081-02-41852   02-41852    200  
ADELPHIA OF THE MIDWEST, INC   081-02-41794   02-41794    50  
ADELPHIA PINELLAS COUNTY, LLC   081-02-41944   02-41944    --  
ADELPHIA PRESTIGE CABLEVISION, LLC   081-02-41795   02-41795    4,498,830  
ADELPHIA TELECOMMUNICATIONS OF FLORIDA, INC   081-02-41939   02-41939    27,552  
ADELPHIA TELECOMMUNICATIONS, INC   081-02-41851   02-41851    1,233,438  
ADELPHIA WELLSVILLE, LLC   081-02-41850   02-41850    --  
ADELPHIA WESTERN NEW YORK HOLDINGS, LLC   081-02-41849   02-41849    --  
ARAHOVA COMMUNICATIONS, INC   081-02-41815   02-41815    44,687  
ARAHOVA HOLDINGS, LLC   081-02-41893   02-41893    --  
BADGER HOLDING CORP   081-02-41792   02-41792    --  
BETTER TV INC. OF BENNINGTON   081-02-41914   02-41914    255,132  
BLACKSBURG/SALEM CABLEVISION, INC   081-02-41759   02-41759    824,833  
BRAZAS COMMUNICATIONS, INC   081-02-41804   02-41804    1,288  
BUENAVISION TELECOMMUNICATIONS, INC   081-02-41938   02-41938    423,472  
CABLE SENTRY CORPORATION   081-02-41894   02-41894    --  
CALIFORNIA AD SALES, LLC   081-02-41945   02-41945    --  
CCC-III, INC   081-02-41867   02-41867    --  
CCC-INDIANA, INC   081-02-41937   02-41937    --  
CCH INDIANA, LP   081-02-41935   02-41935    --  
CDA CABLE, INC   081-02-41879   02-41879    209,393  
CENTURY ADVERTISING, INC   081-02-41731   02-41731    21  
CENTURY ALABAMA CORP   081-02-41889   02-41889    397,196  
CENTURY ALABAMA HOLDING CORP   081-02-41891   02-41891    --  
CENTURY AUSTRALIA COMMUNICATIONS CORP   081-02-41738   02-41738    --  
CENTURY BERKSHIRE CABLE CORP   081-02-41762   02-41762    680,647  
CENTURY CABLE HOLDING CORP   081-02-41814   02-41814    101,812  
CENTURY CABLE HOLDINGS, LLC   081-02-41812   02-41812    8,330,646  
CENTURY CABLE MANAGEMENT CORPORATION   081-02-41887   02-41887    274,696  
CENTURY CABLE OF SOUTHERN CALIFORNIA   081-02-41745   02-41745    --  

47


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VI

Court Reporting schedules for Cash Disbursements
for the Month Ended March 31, 2003

Page 3 of 6


LEGAL ENTITY
Account
Number

Case
Number

Disbursements
CENTURY CABLEVISION HOLDINGS, LLC   081-02-41936   02-41936    1,959,269  
CENTURY CAROLINA CORP   081-02-41886   02-41886    511,767  
CENTURY COLORADO SPRINGS CORP   081-02-41736   02-41736    182,457  
CENTURY COLORADO SPRINGS PARTNERSHIP   081-02-41774   02-41774    3,597,487  
CENTURY COMMUNICATIONS CORPORATION   081-02-12834   02-12834    1,557,980  
CENTURY CULLMAN CORP   081-02-41888   02-41888    340,352  
CENTURY ENTERPRISE CABLE CORP   081-02-41890   02-41890    555,071  
CENTURY EXCHANGE, LLC   081-02-41744   02-41744    100  
CENTURY FEDERAL, INC   081-02-41747   02-41747    --  
CENTURY GRANITE CABLE TELEVISION CORP   081-02-41779   02-41779    --  
CENTURY HUNTINGTON COMPANY   081-02-41885   02-41885    1,723,391  
CENTURY INDIANA CORP   081-02-41768   02-41768    --  
CENTURY INVESTMENT HOLDING CORP   081-02-41740   02-41740    --  
CENTURY INVESTORS, INC   081-02-41733   02-41733    --  
CENTURY ISLAND ASSOCIATES, INC   081-02-41771   02-41771    28,085  
CENTURY ISLAND CABLE TELEVISION CORP   081-02-41772   02-41772    --  
CENTURY KANSAS CABLE TELEVISION CORP   081-02-41884   02-41884    175,648  
CENTURY LYKENS CABLE CORP   081-02-41883   02-41883    232,368  
CENTURY MENDOCINO CABLE TELEVISION, INC   081-02-41780   02-41780    997,044  
CENTURY MISSISSIPPI CORP   081-02-41882   02-41882    328,359  
CENTURY MOUNTAIN CORP   081-02-41797   02-41797    131,183  
CENTURY NEW MEXICO CABLE TELEVISION CORP   081-02-41784   02-41784    350  
CENTURY NORWICH CORP   081-02-41881   02-41881    1,168,536  
CENTURY OHIO CABLE TELEVISION CORP   081-02-41811   02-41811    637,178  
CENTURY OREGON CABLE CORP   081-02-41739   02-41739    30  
CENTURY PACIFIC CABLE TV INC   081-02-41746   02-41746    --  
CENTURY PROGRAMMING, INC   081-02-41732   02-41732    --  
CENTURY REALTY CORP   081-02-41813   02-41813    --  
CENTURY SHASTA CABLE TELEVISION CORP   081-02-41880   02-41880    --  
CENTURY SOUTHWEST COLORADO CABLE TELEVISION CORP   081-02-41770   02-41770    --  
CENTURY TRINIDAD CABLE TELEVISION CORP   081-02-41790   02-41790    91,231  
CENTURY VIRGINIA CORP   081-02-41796   02-41796    318,968  
CENTURY VOICE AND DATA COMMUNICATIONS, INC   081-02-41737   02-41737    104  
CENTURY WARRICK CABLE CORP   081-02-41763   02-41763    --  
CENTURY WASHINGTON CABLE TELEVISION, INC   081-02-41878   02-41878    --  
CENTURY WYOMING CABLE TELEVISION CORP   081-02-41789   02-41789    70,348  
CENTURY-TCI CALIFORNIA COMMUNICATIONS, LP   081-02-41743   02-41743    84,218  
CENTURY-TCI CALIFORNIA, LP   081-02-41741   02-41741    40,070,463  

48


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VI

Court Reporting schedules for Cash Disbursements
for the Month Ended March 31, 2003

Page 4 of 6


LEGAL ENTITY
Account
Number

Case
Number

Disbursements
CENTURY-TCI HOLDINGS, LLC   081-02-41742   02-41742    994  
CHELSEA COMMUNICATIONS, INC   081-02-41923   02-41923    115  
CHELSEA COMMUNICATIONS, LLC   081-02-41924   02-41924    6,485,196  
CHESTNUT STREET SERVICES, LLC   081-02-41842   02-41842    --  
CLEAR CABLEVISION, INC   081-02-41756   02-41756    --  
CMA CABLEVISION ASSOCIATES VII, LP   081-02-41808   02-41808    --  
CMA CABLEVISION ASSOCIATES XI, LP   081-02-41807   02-41807    --  
CORAL SECURITY, INC   081-02-41895   02-41895    --  
COWLITZ CABLEVISION, INC   081-02-41877   02-41877    551,746  
CP-MDU I LLC   081-02-41940   02-41940    --  
CP-MDU II LLC   081-02-41941   02-41941    --  
E & E CABLE SERVICE, INC   081-02-41785   02-41785    --  
EASTERN VIRGINIA CABLEVISION HOLDINGS, LLC   081-02-41799   02-41799    --  
EASTERN VIRGINIA CABLEVISION, LP   081-02-41800   02-41800    371,730  
EMPIRE SPORTS NETWORK, LP   081-02-41844   02-41844    1,005,195  
FAE CABLE MANAGEMENT CORP   081-02-41734   02-41734    --  
FOP INDIANA, LP   081-02-41816   02-41816    165,744  
FRONTIERVISION ACCESS PARTNERS, LLC   081-02-41819   02-41819    1,760,579  
FRONTIERVISION CABLE NEW ENGLAND , INC   081-02-41822   02-41822    1,137,040  
FRONTIERVISION CAPITAL CORPORATION   081-02-41820   02-41820    67  
FRONTIERVISION HOLDINGS CAPITAL CORPORATION   081-02-41824   02-41824    --  
FRONTIERVISION HOLDINGS CAPITAL II CORPORATION   081-02-41823   02-41823    --  
FRONTIERVISION HOLDINGS, LLC   081-02-41827   02-41827    199  
FRONTIERVISION HOLDINGS, LP   081-02-41826   02-41826    200  
FRONTIERVISION OPERATING PARTNERS, LLC   081-02-41825   02-41825    100  
FRONTIERVISION OPERATING PARTNERS, LP   081-02-41821   02-41821    22,653,277  
FRONTIERVISION PARTNERS, LP   081-02-41828   02-41828    115  
FT MYERS CABLEVISION, LLC   081-02-41948   02-41948    100  
FT. MYERS ACQUISITION LIMITED PARTNERSHIP   081-02-41949   02-41949    1,600  
GENESIS CABLE COMMUNICATIONS SUBSIDIARY, LLC   081-02-41903   02-41903    --  
GLOBAL ACQUISITION PARTNERS, LP   081-02-41933   02-41933    1,102,736  
GLOBAL CABLEVISION II, LLC   081-02-41934   02-41934    100  
GRAFTON CABLE COMPANY   081-02-41788   02-41788    --  
GS CABLE, LLC   081-02-41907   02-41907    1,634,926  
GS TELECOMMUNICATIONS LLC   081-02-41906   02-41906    --  
HARRON CABLEVISION OF NEW HAMPSHIRE, INC   081-02-41750   02-41750    2,616,512  
HUNTINGTON CATV, INC   081-02-41765   02-41765    --  
IMPERIAL VALLEY CABLEVISION, INC   081-02-41876   02-41876    794,940  

49


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VI

Court Reporting schedules for Cash Disbursements
for the Month Ended March 31, 2003

Page 5 of 6


LEGAL ENTITY
Account
Number

Case
Number

Disbursements
KALAMAZOO COUNTY CABLEVISION, INC   081-02-41922   02-41922    --  
KEY BISCAYNE CABLEVISION   081-02-41898   02-41898    99,379  
KOOTENAI CABLE, INC   081-02-41875   02-41875    736,782  
LAKE CHAMPLAIN CABLE TELEVISION CORPORATION   081-02-41911   02-41911    189,871  
LEADERSHIP ACQUISITION LIMITED PARTNERSHIP   081-02-41931   02-41931    --  
LOUISA CABLEVISION, INC   081-02-41760   02-41760    17,469  
MANCHESTER CABLEVISION, INC   081-02-41758   02-41758    --  
MARTHA'S VINEYARD CABLEVISION, LP   081-02-41805   02-41805    178,321  
MERCURY COMMUNICATIONS, INC   081-02-41840   02-41840    57,210  
MICKELSON MEDIA OF FLORIDA, INC   081-02-41874   02-41874    311,651  
MICKELSON MEDIA, INC   081-02-41782   02-41782    128,477  
MONTGOMERY CABLEVISION, INC   081-02-41848   02-41848    50  
MONUMENT COLORADO CABLEVISION, INC   081-02-41932   02-41932    116,379  
MOUNTAIN CABLE COMMUNICATIONS CORPORATION   081-02-41916   02-41916    9  
MOUNTAIN CABLE COMPANY, LP   081-02-41909   02-41909    3,604,823  
MT. LEBANON CABLEVISION, INC   081-02-41920   02-41920    --  
MULTI-CHANNEL TV CABLE COMPANY   081-02-41921   02-41921    474,826  
NATIONAL CABLE ACQUISITION ASSOCIATES, LP   081-02-41952   02-41952    2,076,386  
OLYMPUS CABLE HOLDINGS, LLC   081-02-41925   02-41925    986,369  
OLYMPUS CAPITAL CORPORATION   081-02-41930   02-41930    --  
OLYMPUS COMMUNICATIONS HOLDINGS, LLC   081-02-41953   02-41953    --  
OLYMPUS COMMUNICATIONS, LP   081-02-41954   02-41954    5,715  
OLYMPUS SUBSIDIARY, LLC   081-02-41928   02-41928    --  
OWENSBORO INDIANA, LP   081-02-41773   02-41773    --  
OWENSBORO ON THE AIR, INC   081-02-41777   02-41777    119  
OWENSBORO-BRUNSWICK, INC   081-02-41730   02-41730    2,612,890  
PAGE TIME, INC   081-02-41839   02-41839    148,016  
PARAGON CABLE TELEVISION, INC   081-02-41778   02-41778    240  
PARAGON CABLEVISION CONSTRUCTION CORPORATION   081-02-41775   02-41775    --  
PARAGON CABLEVISION MANAGEMENT CORPORATION   081-02-41776   02-41776    --  
PARNASSOS COMMUNICATIONS, LP   081-02-41846   02-41846    135,457  
PARNASSOS HOLDINGS, LLC   081-02-41845   02-41845    --  
PARNASSOS, LP   081-02-41843   02-41843    18,718,729  
PERICLES COMMUNICATIONS CORPORATION   081-02-41919   02-41919    --  
PULLMAN TV CABLE CO., INC   081-02-41873   02-41873    671,456  
RENTAVISION OF BRUNSWICK, INC   081-02-41872   02-41872    195,674  
RICHMOND CABLE TELEVISION CORPORATION   081-02-41912   02-41912    48,150  
RIGPAL COMMUNICATIONS, INC   081-02-41917   02-41917    --  

50


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VI

Court Reporting schedules for Cash Disbursements
for the Month Ended March 31, 2003

Page 6 of 6


LEGAL ENTITY
Account
Number

Case
Number

Disbursements
ROBINSON/PLUM CABLEVISION, LP   081-02-41927   02-41927    568,616  
S/T CABLE CORPORATION   081-02-41791   02-41791    --  
SABRES, INC   081-02-41838   02-41838    --  
SCRANTON CABLEVISION, INC   081-02-41761   02-41761    1,438,972  
SENTINEL COMMUNICATIONS OF MUNCIE, INDIANA, INC   081-02-41767   02-41767    --  
SOUTHEAST FLORIDA CABLE, INC   081-02-41900   02-41900    9,302,460  
SOUTHWEST COLORADO CABLE INC   081-02-41769   02-41769    140,077  
SOUTHWEST VIRGINIA CABLE, INC   081-02-41833   02-41833    963,714  
STAR CABLE INC   081-02-41787   02-41787    --  
STARPOINT, LIMITED PARTNERSHIP   081-02-41897   02-41897    1,240,726  
SVHH CABLE ACQUISITION, LP   081-02-41836   02-41836    1,019,242  
SVHH HOLDINGS, LLC   081-02-41837   02-41837    --  
TELE-MEDIA COMPANY OF HOPEWELL-PRINCE GEORGE   081-02-41798   02-41798    360,024  
TELE-MEDIA COMPANY OF TRI-STATES, LP   081-02-41809   02-41809    155,045  
TELE-MEDIA INVESTMENT PARTNERSHIP, LP   081-02-41951   02-41951    681,110  
TELESAT ACQUISITION LIMITED PARTNERSHIP   081-02-41929   02-41929    --  
TELESAT ACQUISITION, LLC   081-02-41871   02-41871    2,120,636  
THE GOLF CLUB AT WENDING CREEK FARMS, LLC   081-02-41841   02-41841    --  
THE MAIN INTERNETWORKS, INC   081-02-41818   02-41818    43  
THE WESTOVER TV CABLE CO., INC   081-02-41786   02-41786    --  
THREE RIVERS CABLE ASSOCIATES, LP   081-02-41910   02-41910    753,856  
TIMOTHEOS COMMUNICATIONS, LP   081-02-41901   02-41901    100  
TMC HOLDINGS CORPORATION   081-02-41803   02-41803    112  
TMC HOLDINGS, LLC   081-02-41802   02-41802    --  
TRI-STATES, LLC   081-02-41810   02-41810    --  
UCA LLC   081-02-41834   02-41834    6,200,880  
UPPER ST. CLAIR CABLEVISION INC   081-02-41918   02-41918    --  
US TELE-MEDIA INVESTMENT COMPANY   081-02-41835   02-41835    --  
VALLEY VIDEO, INC   081-02-41870   02-41870    193,887  
VAN BUREN COUNTY CABLEVISION, INC   081-02-41832   02-41832    197,947  
WARRICK CABLEVISION, INC   081-02-41866   02-41866    --  
WARRICK INDIANA, LP   081-02-41865   02-41865    279,528  
WELLSVILLE CABLEVISION, LLC   081-02-41806   02-41806    312,929  
WEST BOCA ACQUISITION LIMITED PARTNERSHIP   081-02-41899   02-41899    1,115,849  
WESTERN NY CABLEVSION, LP   081-02-41847   02-41847    --  
WESTVIEW SECURITY, INC   081-02-41896   02-41896    --  
WILDERNESS CABLE COMPANY   081-02-41869   02-41869    116,418  
YOUNG'S CABLE TV CORP   081-02-41915   02-41915    196,662  
YUMA CABLEVISION, INC   081-02-41868   02-41868    1,061,232  

     TOTAL           $ 293,155,489  

51


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VII

Court Reporting schedules for Insurance Coverage

Page 1 of 2


Coverage ** Company Policy No. Term

   Property & Inland Marine: All Risk Royal Indemnity Company RHD315165 05/16/00 - 05/16/03
   Property Including Antennas,      
   Microwave Dishes, Earth Stations, and      
   Receiving Dishes      

 

   Boiler & Machinery Inspection C N A #BM1098496299 05/16/02 - 05/16/03
   Contract      

 
 

   Difference in Conditions Essex Insurance Company MSP 6409 05/16/02 - 05/16/03
     Underwriters @ Lloyds LLX40298 05/16/02 - 05/16/03
     thru Western Re/Managers    

 

   Transmission Lines/Business United Assurance Co TD051600 05/16/00 - 05/16/03
   Interruption      

 

   Commercial General Liability Royal Insurance Co. P2TS465832 05/16/02 - 05/16/03

 

   Commercial Automobile Royal Insurance Co. P2TS465831 Liability 05/16/02 - 05/16/03
       (all states except Texas)  
       P2TS465834 Texas Liability  
       P2TS465833 Physical Damage  

 

   Worker's Compensation Royal Indemnity Co P2AO 003261 all states except 05/16/02-05/16/03
       California & monopolistic states  
          
        California State Compensation Insurance 1695463-02 05/16/02-05/16/03
          Fund    
               
        ACC Operations Inc (OH) Ohio Bureau of Workers 1328524 Ongoing*
          Compensation    
               
        Washington State WA Department of Labor & 083 004 452 10/1/99 - Ongoing*
          Industry    
               
        West Virginia West Virginia Workers' 20104948 101 10/1/99 - Ongoing*
          Compensation    
               
        Wyoming Wyoming Department of 366575 10/1/99 - Ongoing*
          Employment    

 

52


ADELPHIA COMMUNICATIONS CORPORATION, et al.
(DEBTORS-IN-POSSESSION)
BANKRUPTCY COURT REPORTING SCHEDULES

Schedule VII

Court Reporting schedules for Insurance Coverage

Page 2 of 2


Coverage ** Company Policy No. Term

   Aircraft Policy United States Aircraft Insurance 360AC625118 11/23/02 - 11/23/03

 

   Umbrella Excess Liability Liberty Mutual TH1641004429-012 05/16/02 - 05/16/03
   Excess Liability Federal Insurance Co 79808108 05/16/02 - 05/16/03

 

   Executive Protection Federal Insurance 81516188 12/19/01 - 12/19/04
   (Kidnap/Ransom & Extortion)      

 

   International Package Great Northern Insurance Co. 73223119 05/16/02 - 05/16/03

 

   Employee Dishonesty - ERISA Hanover Insurance Co BDR1680832 05/16/00 - 05/16/03

 

   New York Disability National Benefit Life 89100184825 01/01/02 - Ongoing*

 

   Pollution Liability Federal Insurance 37251845 01/01/03 - 01/01/04
       37251846 01/01/03 - 01/01/04

 

   Directors & Officers Liability AEGIS (Associated Electric & Gas D0999A1A00 12/31/00 - 12/31/03
     Insurance Services Limited)    

 

   Excess Directors & Officers Federal Insurance Company 8181-10-37 12/31/00 - 12/31/03
   Liability      
     Greenwich Insurance Company ELU 82137-00 12/31/00 - 12/31/03

 

   Media Liability Illinois Union Insurance Company EONG21640104001 10/28/02 - 10/28/03

 

   Commercial General Liability Royal Insurance Co. P2TS465832 05/16/02 - 05/16/03

* Ongoing means until the policy is cancelled by Adelphia or carrier

** The named insured is Adelphia Communications Corporation et al for all of the coverage except for Employee Dishonesty - ERISA whose named insured is Adelphia Communications Corporation Health Benefit Plan and Adelphia Communications Corporation Savings and Retirement Plan.

53

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