| UNIPROP MANUFACTURED HOUSING COMMUNITIES INCOME FUND II, | ||||||||||||||||
| A MICHIGAN LIMITED PARTNERSHIP | ||||||||||||||||
| STATEMENTS OF CASH FLOWS | ||||||||||||||||
| THREE MONTHS ENDED | ||||||||||||||||
| March 31,2001 | March 31,2000 | |||||||||||||||
| (unaudited) | (unaudited) | |||||||||||||||
| Cash Flows From Operating Activities: | ||||||||||||||||
| Net Income | $656,668 | $614,997 | ||||||||||||||
| Adjustments To Reconcile Net Income | ||||||||||||||||
| To Net Cash Provided By | ||||||||||||||||
| Operating Activities: | ||||||||||||||||
| Depreciation | 444,984 | 454,485 | ||||||||||||||
| Amortization | 5,253 | 6,318 | ||||||||||||||
| (Increase) Decrease In Other Assets | 293,116 | (218,557) | ||||||||||||||
| Increase (Decrease) In Accounts Payables | (65,827) | 69,896 | ||||||||||||||
| Increase (Decrease) Other Liabilities | 1,595 | 233,528 | ||||||||||||||
| Total Adjustments | 679,121 | 545,670 | ||||||||||||||
| Net Cash Provided By (Used In) | ||||||||||||||||
| Operating Activities | 1,335,789 | 1,160,667 | ||||||||||||||
| Cash Flows From Investing Activities: | ||||||||||||||||
| Capital Expenditures | (252,937) | (216,202) | ||||||||||||||
| Proceeds from Sale of Property and Equipment | 151,000 | 0 | ||||||||||||||
| Net Cash Provided By (Used In) | ||||||||||||||||
| Investing Activities | (101,937) | (216,202) | ||||||||||||||
| Cash Flows From Financing Activities: | ||||||||||||||||
| Distributions To Partners | (627,643) | (627,643) | ||||||||||||||
| Payment On Mortgage | (101,916) | (91,625) | ||||||||||||||
| Net Cash Provided By (Used In) | ||||||||||||||||
| Financing Activities | (729,559) | (719,268) | ||||||||||||||
| Increase (Decrease) In Cash and Equivalents | 504,293 | 225,197 | ||||||||||||||
| Cash and Equivalents, Beginning | 3,155,170 | 2,821,681 | ||||||||||||||
| Cash and Equivalents, Ending | $3,659,463 | $3,046,878 | ||||||||||||||
| See Notes to Financial Statements | ||||||||||||||||
| 5 | ||||||||||||||||