10-Q 1 cabtv14bq.txt CABLE TV 14B FORM 10-Q SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Mark one) [x] Quarterly report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended MARCH 31, 2001 [ ] Transition report pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to ---------------- ------------------ Commission File Number 0-16200 CABLE TV FUND 14-B, LTD. Exact name of registrant as specified in charter Colorado #84-1024658 ---------------------------- --------------------------- State of organization I.R.S. employer I.D. # c/o Comcast Corporation 1500 Market Street, Philadelphia, PA 19102-2148 ------------------------------------------------------------------------------- Address of principal executive office (215) 665-1700 ------------------------------------------------------------------------------- Registrant's telephone number 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 ------ ------- CABLE TV FUND 14-B, LTD. (A Limited Partnership) CONDENSED BALANCE SHEET (Unaudited)

1 CABLE TV FUND 14-B, LTD. (A Limited Partnership) CONDENSED STATEMENT OF OPERATIONS (Unaudited)

2 CABLE TV FUND 14-B, LTD. (A Limited Partnership) CONDENSED STATEMENT OF CASH FLOWS (Unaudited)

3 CABLE TV FUND 14-B, LTD. (A Limited Partnership) NOTES TO CONDENSED FINANCIAL STATEMENTS (Unaudited) (1) The condensed balance sheet as of December 31, 2000 has been condensed from the audited balance sheet as of that date. The condensed balance sheet as of March 31, 2001 and the condensed statements of operations and of cash flows for the three months ended March 31, 2001 and 2000 have been prepared by Cable TV Fund 14-B, Ltd. (the "Partnership") and have not been audited by the Partnership's independent auditors. In the opinion of management, all adjustments necessary to present fairly the financial position, results of operations and cash flows as of March 31, 2001 and for all periods presented have been made. Certain information and note disclosures normally included in the Partnership's annual financial statements prepared in accordance with generally accepted accounting principles have been condensed or omitted. These condensed financial statements should be read in conjunction with the financial statements and notes thereto included in the Partnership's December 31, 2000 Annual Report on Form 10-K filed with the Securities and Exchange Commission. The results of operations for the period ended March 31, 2001 are not necessarily indicative of operating results for the full year. The Partnership has sold all of its cable television systems. The Partnership has continued in existence because of pending litigation in which the Partnership is a party. It cannot be predicted when the Partnership will be dissolved. (2) The Partnership reimburses its general partner for certain administrative expenses. These expenses represent the salaries and related benefits paid for corporate personnel. Such personnel provide administrative, accounting, tax, legal and investor relations services to the Partnership. Such services, and their related costs, are necessary to the administration of the Partnership until the Partnership is dissolved. Such costs were included in other, net in the accompanying condensed statement of operations. Reimbursements made to the general partner by the Partnership for administrative expenses for the three months ended March 31, 2001 and 2000 were $30,055 and $38,579, respectively. 4 CABLE TV FUND 14-B, LTD. (A Limited Partnership) MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS FINANCIAL CONDITION The only asset of the Partnership at March 31, 2001 was its cash on hand which is being held in reserve to pay the Partnership's administrative expenses until the Partnership is dissolved. The Partnership has continued in existence because of pending litigation in which the Partnership is a party. It cannot be predicted when the Partnership will be dissolved. RESULTS OF OPERATIONS The Partnership has sold all of its cable television systems. Other expense of $49,408 incurred in the first quarter of 2001 related to various costs associated with the administration of the Partnership. PART II - OTHER INFORMATION Item 6. Exhibits and Reports on Form 8-K. a) Exhibits None. b) Reports on Form 8-K None. 5 SIGNATURES 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. CABLE TV FUND 14-B, LTD. BY: COMCAST CABLE COMMUNICATIONS, INC. ------------------------------------ General Partner By: /S/ Lawrence J. Salva ------------------------------------ Lawrence J. Salva Senior Vice President (Principal Accounting Officer) Dated: May 15, 2001 6

CABLE TV FUND 14 B LTD 10-Q