CAPITALIZATION
The following table sets forth CSC Holdings’ consolidated cash and capitalization as of September 30,
2008 and as adjusted assuming the notes offered hereby are not issued at a discount, the funding of a
$500 million distribution to Cablevision to repay or repurchase $500 million of its floating rate senior notes
due April 2009 and the use of the proceeds of this offering and the offering of our 81⁄2% senior notes due 2014
in January 2009 to repurchase or repay approximately $720 million of our senior notes due July and August
2009, as more fully described under “Use of Proceeds”.
Historical
As Adjusted
As of September 30, 2008
(Dollars in thousands)
Cash and cash equivalents(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
314,987
$
314,987
Short-term debt:
Restricted Group(2):
CSC Holdings’ bank indebtedness(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
$
235,000
$
235,000
Senior notes and debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
899,711
179,522
Total Restricted Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1,134,711
414,522
Unrestricted Group(2):
Rainbow National Services bank indebtedness. . . . . . . . . . . . . . . . . . . . . . .
25,000
25,000
Collateralized indebtedness from monetization transactions(4) . . . . . . . . . . .
209,189
209,189
Capital lease obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5,149
5,149
Total Unrestricted Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
239,338
239,338
Total short-term debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1,374,049
653,860
Long-term debt:
Restricted Group(2):
CSC Holdings’ bank indebtedness(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4,090,000
4,090,000
Newsday LLC bank indebtedness(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
650,000
650,000
Senior notes and debentures . . .