| UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND | |||||||||||||||||
| A MICHIGAN LIMITED PARTNERSHIP | |||||||||||||||||
| STATEMENTS OF CASH FLOWS | |||||||||||||||||
| SIX MONTHS ENDED | |||||||||||||||||
| June 30,2001 | June 30, 2000 | ||||||||||||||||
| (unaudited) | (unaudited) | ||||||||||||||||
| Cash Flows From Operating Activities: | |||||||||||||||||
| Net Income | $542,220 | $546,270 | |||||||||||||||
| Adjustments To Reconcile Net Income | |||||||||||||||||
| To Net Cash Provided By | |||||||||||||||||
| Operating Activities: | |||||||||||||||||
| Depreciation | 410,361 | 433,641 | |||||||||||||||
| Amortization | 43,000 | 43,000 | |||||||||||||||
| Gain on sale of Property and Equipment | (37,084) | 0 | |||||||||||||||
| (Increase) Decrease In Other Assets | (338,959) | (406,911) | |||||||||||||||
| Increase (Decrease) In Accounts Payables | 90,212 | (85,118) | |||||||||||||||
| Increase (Decrease) Other Liabilities | 286,324 | 162,638 | |||||||||||||||
| Total Adjustments: | 453,854 | 147,250 | |||||||||||||||
| Net Cash Provided By (Used In) | |||||||||||||||||
| Operating Activities | 996,074 | 693,520 | |||||||||||||||
| Cash Flows From Investing Activities: | |||||||||||||||||
| Capital Expenditures | (624,306) | (52,511) | |||||||||||||||
| Proceeds from sale of Property and Equipment | 411,810 | 0 | |||||||||||||||
| Net Cash Provided By (Used In) | |||||||||||||||||
| Investing Activities Activities | (212,496) | (52,511) | |||||||||||||||
| Cash Flows From Financing Activities: | |||||||||||||||||
| (Net Payment ) Advances from Line of Credit | (78,264) | (150,000) | |||||||||||||||
| Distributions To Partners | (510,063) | (486,813) | |||||||||||||||
| Principal Payments on Mortgage | (154,063) | (158,218) | |||||||||||||||
| Net Cash Provided By (Used In) Financing Activites | (742,390) | (795,031) | |||||||||||||||
| Increase (Decrease) In Cash and Equivalents | 41,188 | (154,022) | |||||||||||||||
| Cash and Equivalents, Beginning | 476,829 | 1,113,061 | |||||||||||||||
| Cash and Equivalents, Ending | $518,017 | $959,039 | |||||||||||||||
| See Notes to Financial Statements | |||||||||||||||||
| 5 | |||||||||||||||||