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SCHEDULE 14A
(RULE 14A-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(A) OF THE SECURITIES
EXCHANGE ACT OF 1934
Filed by the registrant / /
Filed by a party other than the registrant / /
Check the appropriate box:
/ / Preliminary proxy statement
/ / Definitive proxy statement
/X/ Definitive additional materials
/ / Soliciting material pursuant to Rule 14a-11(c) or Rule 14a-12
Tele-Communications, Inc.
(Name of Registrant as Specified in Its Charter)
Tele-Communications, Inc.
(Name of Person(s) Filing Proxy Statement)
Payment of filing fee (Check the appropriate box):
/ / $125 per Exchange Act Rule 0-11(c)(1)(ii), 14a-6(i)(1), or 14a-6(j)(2).
/ / $500 per each party to the controversy pursuant to Exchange Act Rule
14a-6(i)(3).
/ / Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and
0-11.
(1) Title of each class of securities to which transaction applies:
- --------------------------------------------------------------------------------
(2) Aggregate number of securities to which transactions applies:
- --------------------------------------------------------------------------------
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11:(1)
- --------------------------------------------------------------------------------
(4) Proposed maximum aggregate value of transaction:
- --------------------------------------------------------------------------------
/X/ Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or
the form or schedule and the date of its filing.
(1) Amount previously paid:
$4,606,909
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(2) Form, schedule or registration statement no.:
Form S-4
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(3) Filing party:
TCI/Liberty Holding Company
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(4) Date filed:
April 13, 1994 and June 23, 1994
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- ---------------
(1) Set forth the amount on which the filing fee is calculated and state how
it was determined.
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Tele-Communications, Inc.
Special Meeting of Stockholders
August 4, 1994
(TCI LOGO) TCI
We're taking television into tomorrow.
<PAGE> 3
Condensed Pro Forma Balance Sheet
March 31, 1994
($ Millions)
<TABLE>
<CAPTION>
ASSETS TCI TCI/Liberty Change
- ------ ------- ----------- ------
<S> <C> <C> <C>
Current Assets $ 285 $ 761 $ 476
Investments 1,779 2,245 466
PP & E and Franchise Costs, net 14,787 15,455 668
------- ------- ------
Total Assets $16,851 $18,461 $1,610
======= ======= ======
LIABILITIES AND
STOCKHOLDERS' EQUITY
Current Liabilities $ 843 $ 1,167 $ 324
Debt 10,008 10,268 260
Deferred Income Taxes 3,456 3,620 164
Other Liabilities 97 100 3
------- ------- ------
Total Liabilities $14,404 $15,155 $ 751
Minority Interests 300 391 91
Total Equity 2,147 2,915 768
------- ------- ------
Total Liabilities and Equity $16,851 $18,461 $1,610
======= ======= ======
</TABLE>
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Condensed Pro Forma Statement of Operations
Three Months Ended March 31, 1994
($ Millions except per share amounts)
<TABLE>
<CAPTION>
TCI TCI/Liberty Change
------ ----------- ------
<S> <C> <C> <C>
Revenue $1,060 $1,380 $ 320
Operating and SG&A Expenses (591) (871) (280)
------ ------ -----
Operating Cash Flow 469 509 40
Depreciation and Amortization (235) (248) (13)
------ ------ -----
Operating Income 234 261 27
Interest Expense, net (168) (171) (3)
Other Expense, net (17) (20) (3)
Income Tax Expense (25) (36) (11)
------ ------ -----
Net Earnings 24 34 10
Preferred Stocks Dividend -- (3) (3)
------ ------ -----
Net Earnings Attributable to
Common Shareholders $ 24 $ 31 $ 7
====== ====== =====
</TABLE>
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Corporate Organization
NEW Tele-Communications, Inc.
<TABLE>
<S> <C> <C> <C>
Domestic Programming International Technology/
Communications Peter Barton Fred Vierra Venture Capital
Brendan Clouston Larry Romrell
- -Interactive CATV -Niche Programming -Worldwide Brands -Develop Interactive
- -Telephony/Satellite -Branding & Bundling -Geographical Focus Technologies
- -Service Quality -Public Relations -Strong Regional -Strategic Investments
Partners
</TABLE>
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(TCI LOGO) TCI
We're taking television into tomorrow.