Exhibit 99.1 TIME WARNER ENTERTAINMENT COMPANY, L.P. SUPPLEMENTARY INFORMATION SUMMARIZED FINANCIAL INFORMATION OF PARAGON COMMUNICATIONS (Unaudited) TWE has an indirect 50% ownership interest in Paragon Communications ("Paragon"), a cable system joint venture accounted for on the equity basis. A summary of financial information of Paragon (100% basis) is set forth below: PARAGON COMMUNICATIONS Three Months Ended March 31, 1994 1993 (millions) Operating Statement Information Revenues $ 86 $ 84 Operating income 21 20 Net income 16 14 March 31, December 31, 1994 1993 (millions) Balance Sheet Information Property, plant and equipment $386 $385 Cable television franchises 213 216 Total assets 622 627 Debt 306 320 Total liabilities 368 390