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 September 30, 2000 ------------------ [ ] 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) UNAUDITED BALANCE SHEETS ------------------------

~~June~~September 30, December 31, ASSETS 2000 1999 ------ ---------------------- --------------------- Cash $ ~~576~~531,~~522~~360 $ - Receivable from affiliates - 571,208 ---------------------- --------------------- Total assets $ ~~576~~531,~~522~~360 $ 571,208 ====================== ===================== LIABILITIES AND PARTNERS' CAPITAL --------------------------------- LIABILITIES: Advances from affiliates $ ~~114~~100,~~372~~255 $ - ---------------------- --------------------- Total liabilities ~~114~~100,~~372~~255 - ---------------------- --------------------- PARTNER'S CAPITAL: General Partner- Contributed capital 1,000 1,000 Accumulated deficit (1,000) (1,000) ---------------------- --------------------- - - ---------------------- --------------------- Limited Partners- Net contributed capital (261,353 units outstanding at ~~June~~September 30, 2000 and December 31, 1999) 112,127,301 112,127,301 Distributions (112,853,367) (112,853,367) Accumulated earnings 1,~~188~~157,~~216~~171 1,297,274 ---------------------- --------------------- ~~462~~431,~~150~~105 571,208 ---------------------- --------------------- Total liabilities and partners' capital $ ~~576~~531,~~522~~360 $ 571,208 ====================== =====================

The accompanying notes to unaudited financial statements are an integral part of these unaudited balance sheets. 2 CABLE TV FUND 14-B, LTD. ------------------------ (A Limited Partnership) UNAUDITED STATEMENTS OF OPERATIONS ----------------------------------

For the Three Months Ended For the ~~Six~~Nine Months Ended ~~June~~September 30, ~~June~~September 30, ----------------------------------- ------------------------------------ 2000 1999 2000 1999 ----------------- ----------------- ------------------ ----------------- REVENUES $ - $ - $ - $ 237,069 COSTS AND EXPENSES: Operating expenses - - - 115,608 Management fees and allocated overhead from Jones Intercable - - - 26,628 Depreciation and amortization - - - 75,588 ----------------- ----------------- ------------------ ----------------- OPERATING INCOME - - - 19,245 ----------------- ----------------- ------------------ ----------------- OTHER INCOME (EXPENSE): Interest expense (12,~~678~~075) 5(2,~~701~~146) (13,~~678~~753) (24,~~553~~699) Interest income 59,~~315~~065 -16,646 514,~~315~~380 -16,646 Gain on sale of cable television system - - - 5,492,858 Other, net (5238,~~771~~035) (7145,~~901~~173) (~~112~~150,~~695~~730) (~~559~~604,~~807~~980) ----------------- ----------------- ------------------ ----------------- Total other income (expense), net (4931,~~134~~045) (6630,~~200~~673) (~~109~~140,~~058~~103) 4,~~930~~899,~~498~~825 ----------------- ----------------- ------------------ ----------------- NET INCOME (LOSS) $ (4931,~~134~~045) $ (6630,~~200~~673) $ (~~109~~140,~~058~~103) $ 4,~~949~~919,~~743~~070 ================= ================= ================== ================= ALLOCATION OF NET INCOME (LOSS): General Partner $ - $ - $ - $ 2,721 ================= ================= ================== ================= Limited Partners $ (4931,~~134~~045) $ (6630,~~200~~673) $ (~~109~~140,~~058~~103) $ 4,~~947~~916,~~022~~349 ================= ================= ================== ================= NET INCOME (LOSS) PER LIMITED PARTNERSHIP UNIT $ (0.1912) $ (0.2512) $ (0.4254) $ 18.9381 ================= ================= ================== ================= WEIGHTED AVERAGE NUMBER OF LIMITED PARTNERSHIP UNITS OUTSTANDING 261,353 261,353 261,353 261,353 ================= ================= ================== =================

The accompanying notes to unaudited financial statements are an integral part of these unaudited statements. 3 CABLE TV FUND 14-B, LTD. ------------------------ (A Limited Partnership) UNAUDITED STATEMENTS OF CASH FLOWS ----------------------------------

For the ~~Six~~Nine Months Ended ~~June~~September 30, ---------------------------------------------------- 2000 1999 ---------------------- --------------------- CASH FLOWS FROM OPERATING ACTIVITIES: Net income (loss) $ (~~109~~140,~~058~~103) $ 4,~~949~~919,~~743~~070 Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization - 75,588 Gain on sale of cable television system - (5,492,858) Decrease in trade receivables, net - 157,760 Decrease in deposits, prepaid expenses and deferred charges - ~~316~~40,~~356~~396 Transactions with affiliates ~~685~~671,~~580~~463 ~~376~~424,~~867~~186 Decrease in accounts payable and accrued liabilities and subscriber prepayments - (~~365~~89,~~792~~832) ---------------------- --------------------- Net cash provided by operating activities ~~576~~531,~~522~~360 1734,~~664~~310 ---------------------- --------------------- CASH FLOWS FROM INVESTING ACTIVITIES: Purchase of property and equipment, net - (19,115) Proceeds from sale of cable television system - 10,720,400 ---------------------- --------------------- Net cash provided by investing activities - 10,701,285 ---------------------- --------------------- CASH FLOWS FROM FINANCING ACTIVITIES: Repayment of debt - (25,981) Distributions to limited partners - (9,985,361) ---------------------- --------------------- Net cash used in financing activities - (10,011,342) ---------------------- --------------------- Increase in cash ~~576~~531,~~522~~360 ~~707~~724,~~607~~253 Cash, beginning of period - 23,538 ---------------------- --------------------- Cash, end of period $ ~~576~~531,~~522~~360 $ ~~731~~747,~~145~~791 ====================== ===================== SUPPLEMENTAL CASH FLOW DISCLOSURE: Interest paid $ 68,~~760~~438 $ ~~2,553~~- ====================== =====================

The accompanying notes to unaudited financial statements are an integral part of these unaudited statements. 4 CABLE TV FUND 14-B, LTD. ------------------------ (A Limited Partnership) NOTES TO UNAUDITED FINANCIAL STATEMENTS --------------------------------------- (1) This Form 10-Q is being filed in conformity with the SEC requirements for unaudited financial statements and does not contain all of the necessary footnote disclosures required for a complete presentation of the Balance Sheets and Statements of Operations and Cash Flows in conformity with generally accepted accounting principles. However, in the opinion of management, this data includes all adjustments, consisting only of normal recurring accruals, necessary to present fairly the financial position of Cable TV Fund 14-B, Ltd. (the "Partnership") at September 30, 2000 and December 31, 1999, its Statements of Operations for the three and nine month periods ended September 30, 2000 and 1999 and its Statements of Cash Flows for the nine month periods ended September 30, 2000 and 1999. Certain prior period amounts have been reclassified to conform to the 2000 presentation. 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. On April 7, 1999, Comcast Corporation ("Comcast") completed the acquisition of a controlling interest in Jones Intercable, Inc. ("Jones Intercable"), the Partnership's general partner until March 2, 2000. In December 1999, Comcast and Jones Intercable entered into a definitive merger agreement pursuant to which Comcast agreed to acquire all of the outstanding shares of Jones Intercable not yet owned by Comcast. On March 2, 2000, Jones Intercable was merged with and into Comcast JOIN Holdings, Inc., a wholly owned subsidiary of Comcast. As a result of this transaction, Jones Intercable no longer exists and Comcast JOIN Holdings, Inc. continued as the surviving corporation of the merger. On August 1, 2000 Comcast JOIN Holdings, Inc. was merged with and into Comcast Cable Communications, Inc. ("Comcast Cable"), another wholly owned subsidiary of Comcast. Comcast Cable is now the general partner of the Partnership. References in these Notes to "the General Partner" refer to Comcast Cable. The General Partner shares corporate offices with Comcast at 1500 Market Street, Philadelphia, Pennsylvania 19102-2148. (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 charged to operating costs during the periods that the Partnership operated its cable television systems. Subsequent to the sale of the Partnership's final cable television system, such costs were charged to other expense. Reimbursements made to the general partner by the Partnership for overhead and administrative expenses for the three and nine month periods ended September 30, 2000 were $25,970 and $92,500, respectively, compared to $19,410 and $69,970, respectively, for the three and nine month periods ended September 30, 1999. 5 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 is 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 $150,730 incurred in the first nine months of 2000 related to various costs associated with the administration of the Partnership. 6 PART II - OTHER INFORMATION Item 6. Exhibits and Reports on Form 8-K. a) Exhibits 27) Financial Data Schedule b) Reports on Form 8-K None 7 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: November 14, 2000 8

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