| UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND | ||||||||||||||||
| A MICHIGAN LIMITED PARTNERSHIP | ||||||||||||||||
| STATEMENTS OF CASH FLOWS | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| THREE MONTHS ENDED | ||||||||||||||||
| March 31,2001 | March 31, 2000 | |||||||||||||||
| Cash Flows From Operating Activities: | ||||||||||||||||
| Net Income | $267,783.00 | $318,303.00 | ||||||||||||||
| Adjustments To Reconcile Net Income | ||||||||||||||||
| To Net Cash Provided By | ||||||||||||||||
| Operating Activities: | ||||||||||||||||
| Depreciation | $212,538.00 | $216,820.00 | ||||||||||||||
| Amortization | $21,500.00 | $21,500.00 | ||||||||||||||
| (Increase) Decrease In Other Assets | ($222,589.00) | ($234,505.00) | ||||||||||||||
| Increase (Decrease) In Accounts Payables | $145,810.00 | ($51,505.00) | ||||||||||||||
| Increase (Decrease) Other Liabilities | $198,597.00 | $201,555.00 | ||||||||||||||
| Total Adjustments: | $355,856.00 | $153,865.00 | ||||||||||||||
| Net Cash Provided By (Used In) | ||||||||||||||||
| Operating Activities | $623,639.00 | $472,168.00 | ||||||||||||||
| Cash Flows From Investing Activities: | ||||||||||||||||
| Capital Expenditures | ($170,733.00) | $6,633.00 | ||||||||||||||
| Proceeds from sale of Property and Equipment | $216,476.00 | $0.00 | ||||||||||||||
| Net Cash Provided By (Used In) | ||||||||||||||||
| Investing Activities | $45,743.00 | $6,633.00 | ||||||||||||||
| Cash Flows From Financing Activities: | ||||||||||||||||
| Distributions To Partners | ($249,813.00) | ($237,000.00) | ||||||||||||||
| (Net Payments) Advances from Line of Credit | ($78,264.00) | $0.00 | ||||||||||||||
| Principal Payments on Mortgage | ($83,565.00) | ($93,836.00) | ||||||||||||||
| Net Cash Provided By (Used In) | ($411,642.00) | ($330,836.00) | ||||||||||||||
| Financing Activities | ||||||||||||||||
| Increase (Decrease) In Cash and Equivalents | $257,740.00 | $147,965.00 | ||||||||||||||
| Cash and Equivalents, Beginning | $476,829.00 | $1,113,061.00 | ||||||||||||||
| Cash and Equivalents, Ending | $734,569.00 | $1,261,026.00 | ||||||||||||||
| See Notes to Financial Statements | ||||||||||||||||
| 5 | ||||||||||||||||