Charter 2002 Annual Report Download - page 9

ORGANIZATIONAL STRUCTURE
The chart below sets forth our organizational structure and that of our principal direct and indirect
subsidiaries. Equity ownership and voting percentages are actual percentages as of March 31, 2003 and do not
give eÅect to any exercise, conversion or exchange of options, preferred stock, convertible notes and other
convertible or exchangeable securities.
Summary Organizational Chart
Public Paul G. Allen
Convertible Preferred Stock (1)
Charter Communications, Inc.
(issuer of $750 million of 5.75% senior convertible notes and
$632.5 million of 4.75% senior convertible notes)
Vulcan Cable III Inc. Charter Investment, Inc.
Charter Communications Holding Company, LLC (5)
Charter Communications Holdings, LLC (co-issuer of $6.1 billion
of senior notes and $3.2 billion accreted value of senior discount
notes and guarantor of Charter Operating credit facilities) Charter Communications Holdings Capital Corporation
(co-issuer of $6.1 billion of senior notes
and $3.2 billion accreted value of senior discount notes)
Former owners of
cable system
Charter Operating companies
(including Charter Operating
bank borrower, Rennaissance
notes issuers and
operating companies)
CC VII companies
(including Falcon Cable
bank borrower and
operating companies)
CC VI companies (including
CC VI bank borrower
and operating companies)
Class A Common stock -
92.9% common equity
interest, 7% voting interest
Class A and Class B common
stock - 7.1% common equity
interest, 93% voting interest
sole manager (6)
46.5% common equity interest,
100% voting interest
100% convertible mirror notes and
mirror preferred (2)
100%
100% 100%
18.4% common
equity interest; no
voting interest (3)
35.1% common
equity interest; no
voting interest (3)
100%
100% 100% 100% 100% common equity
100% preferred membership interest (4)
CC VIII
CC V and CC VIII
(Bresnan) companies
(including CC V Holdings
notes issuers, CC VIII
Operating bank borrower
and operating companies)
(1) Represents 545,259 shares of non-voting convertible redeemable preferred stock issued in connection
with certain acquisitions to former owners of cable systems, convertible at a rate of 4.0469446 shares of
Class A common stock for each share of non-voting convertible redeemable preferred stock, for an
aggregate of approximately 2,206,633 shares of Charter Communications, Inc. Class A common stock.
(2) Represents mirror convertible notes and mirror convertible preferred equity, which are convertible into
common membership units of Charter Communications Holding Company. These notes and equity
mirror the terms and amounts of the convertible notes and the Series A convertible redeemable preferred
stock issued by Charter Communications, Inc.
(3) These membership units are exchangeable at any time on a one-for-one basis for shares of Charter
Communications, Inc. Class B common stock, which are in turn convertible on a one-for-one basis into
shares of Charter Communications, Inc. Class A common stock.
(4) Represents 100% of the preferred membership interests in CC VIII, LLC, a subsidiary of the CC V
Holdings 11.875% notes issuers. Cable Systems.'' In April 2002, the former owners of the Bresnan cable
systems, who are the holders of these interests, exercised their right to put their CC VIII membership
interests to Mr. Allen. Though not reÖected in the above chart (which provides data as of March 31), we
have been informed that this transaction was consummated on June 6, 2003. An issue has arisen
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