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SECURITIES AND EXCHANGE COMMISSION
FORM 10-K/A
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[X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934 [FEE REQUIRED]
[_] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934 [NO FEE REQUIRED]
For the Year Ended Commission File Number:
DECEMBER 31, 1996 0-20135
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INTERMEDIA COMMUNICATIONS INC.
(Exact name of registrant as specified in its charter)
DELAWARE 59-291-3586
(STATE OR OTHER JURISDICTION OF (EMPLOYER IDENTIFICATION NUMBER)
INCORPORATION OR ORGANIZATION)
3625 QUEEN PALM DRIVE
TAMPA, FLORIDA 33619
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)
REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (813) 829-0011
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SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: None.
SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: Common Stock, par
value $.01 per share. Rights
to purchase units of Series C
Preferred Stock.
Indicate by check mark whether the registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of
1934 during the preceding 12 months (or for such shorter period that the
registrant was required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days: Yes [X] No [_]
Indicate by check mark if disclosure of delinquent filers pursuant to Item
405 of Regulation S-K is not contained herein, and will not be contained, to
the best of the registrant's knowledge, in definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment in this Form 10-K. [_]
Aggregate market value of the voting stock held by non-affiliates/1/ of the
registrant on March 6, 1997: $178,469,223.
As of March 6, 1997, there were 16,307,577 shares of the Registrant's Common
Stock outstanding.
DOCUMENTS INCORPORATED BY REFERENCE
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<CAPTION>
DOCUMENT PART OF 10-K INTO WHICH INCORPORATED
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<S> <C>
Proxy Statement relating to registrant's Part III
Annual Meeting of Stockholders to be held on
May 22, 1997
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/1/As used herein, "voting stock held by non-affiliates" means shares of
Common Stock held by persons other than executive officers, directors and
persons holding in excess of 5% of the registrant's Common Stock. The
determination of market value of the Common Stock is based on the last
reported sale price as reported by the Nasdaq National Market on the date
indicated. The determination of the "affiliate" status for purposes of this
report on Form 10-K shall not be deemed a determination as to whether an
individual is an "affiliate" of the registrant for any other purposes.
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SIGNATURE
PURSUANT TO THE REQUIREMENTS OF RULE 12b-15 PROMULGATED UNDER THE
SECURITIES AND EXCHANGE ACT OF 1934, AS AMENDED, THE REGISTRANT HAS DULY CAUSED
THIS AMENDMENT TO BE SIGNED ON ITS BEHALF BY THE UNDERSIGNED, THEREUNTO DULY
AUTHORIZED.
INTERMEDIA COMMUNICATIONS INC. (REGISTRANT)
By: /s/ Jeanne M. Walters
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Jeanne M. Walters
Controller and Chief
Accounting Officer
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Item 14 of the Annual Report on Form 10-K for the year ended December
31, 1996 of Intermedia Communications Inc. (the "Company") is hereby amended to
include the following exhibit:
ITEM 14. EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K
(s)(3) Exhibits
NUMBER EXHIBIT
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27 Financial Data Schedule.
<TABLE> <S> <C>
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<ARTICLE> 5
<S> <C> <C>
<PERIOD-TYPE> YEAR YEAR
<FISCAL-YEAR-END> DEC-31-1996 DEC-31-1995
<PERIOD-START> JAN-01-1996 JAN-01-1995
<PERIOD-END> DEC-31-1996 DEC-01-1995
<CASH> 189,545,939 50,996,919
<SECURITIES> 32,715,831 20,954,015
<RECEIVABLES> 20,617,769 8,823,194
<ALLOWANCES> (1,346,000) (869,000)
<INVENTORY> 5,230,149 1,832,186
<CURRENT-ASSETS> 246,763,688 81,737,314
<PP&E> 241,481,129 97,437,312
<DEPRECIATION> (37,574,116) (21,267,723)
<TOTAL-ASSETS> 512,940,377 216,018,125
<CURRENT-LIABILITIES> 40,734,372 11,384,622
<BONDS> 353,339,000 158,983,840
0 0
0 0
<COMMON> 162,853 103,597
<OTHER-SE> 114,067,357 40,150,766
<TOTAL-LIABILITY-AND-EQUITY> 512,940,337 216,018,125
<SALES> 0 0
<TOTAL-REVENUES> 103,396,887 38,630,574
<CGS> 0 0
<TOTAL-COSTS> 137,550,639 48,177,524
<OTHER-EXPENSES> 0 0
<LOSS-PROVISION> 0 0
<INTEREST-EXPENSE> 35,213,179 13,766,639
<INCOME-PRETAX> 0 0
<INCOME-TAX> 0 0
<INCOME-CONTINUING> 0 0
<DISCONTINUED> 0 0
<EXTRAORDINARY> 0 0
<CHANGES> 0 0
<NET-INCOME> (57,198,711) (20,748,642)
<EPS-PRIMARY> (4.08) (2.07)
<EPS-DILUTED> 0 0
</TABLE>
