EX-1
from 10-Q
1 page
[Article] 5 [Legend] Registrant Is a Limited Partnership Which Invests in Federally Tax-Exempt Revenue Bonds, Which Financed Construction and/or Ownership of Multi- Family Residential Properties. in Accordance With Industry Practice, Its Balance Sheet Is Unclassified. for Full Informaiton, Refer to the Accompanying Unaudited Financial Statements. <table> <s> <c> [Period-Type] 3-Mos [Fiscal-Year-End] Dec-31-1998 [Period-End] Mar-31-1998 [Cash] 8,446,653 [Securities] 0 [Receivables] 240,374 [Allowances] 0 [Inventory] 0 [Current-Assets] 0 [PP&E] 0 [Depreciation] 0 [Total-Assets] 16,827,027<f1> [Current-Liabilities] 0 [Bonds] 0 [Common] 0 [Preferred-Mandatory] 0 [Preferred] 0 [Other-Se] 16,691,737<f2> [Total-Liability-And-Equity] 16,827,027<f3> [Sales] 0 [Total-Revenues] 35,041,226<f4> [Cgs] 0 [Total-Costs] 0 [Other-Expenses] 121,675 [Loss-Provision] 0 [Interest-Expense] 0 [Income-Pretax] 34,919,551 [Income-Tax] 0 [Income-Continuing] 34,919,551 [Discontinued] 0 [Extraordinary] 0 [Changes] 0 [Net-Income] 34,919,551 [EPS-Primary] 4.68<f5> [EPS-Diluted] 0 <fn> <f1>in Addition to Cash and Receivables, Total Assets Include Escrowed Funds of $8,140,000. <f2>represents Partners' Capital. <f3>liabilities Include Accounts Payable and Other Liabilities of $135,290. <f4>total Revenue Includes Interest Income of $802,418, Gain on Sale of Assets of $34,483,204 and Equity in Losses of Property-Owning Investees of $244,396. <f5>represents Net Income Per Assigned Benefit Certificate. </Fn> </Table>
12/34/56
EX-1
from 10-K
1 page
[Article] 5 [Legend] Registrant Is a Limited Partnership Which Invests in Federally Tax-Exempt Revenue Bonds, Which Financed Construction and/or Ownership of Multi-Family Residential Properties. in Accordance With Industry Practice, Its Balance Sheet Is Unclassified. for Full Information, Refer to the Accompanying Audited Financial Statements. <table> <s> <c> [Period-Type] 12-Mos [Fiscal-Year-End] Dec-31-1997 [Period-End] Dec-31-1997 [Cash] 4,231,538 [Securities] 0 [Receivables] 381,856 [Allowances] 0 [Inventory] 0 [Current-Assets] 0 [PP&E] 0 [Depreciation] 0 [Total-Assets] 133,272,601<f1> [Current-Liabilities] 0 [Bonds] 0 [Preferred-Mandatory] 0 [Preferred] 0 [Common] 0 [Other-Se] 119,251,523<f2> [Total-Liability-And-Equity] 133,272,601<f3> [Sales] 0 [Total-Revenues] 10,109,725<f4> [Cgs] 0 [Total-Costs] 0 [Other-Expenses] 1,105,495<f5> [Loss-Provision] 0 [Interest-Expense] 0 [Income-Pretax] 9,004,230 [Income-Tax] 0 [Income-Continuing] 9,004,230 [Discontinued] 0 [Extraordinary] 0 [Changes] 0 [Net-Income] 9,004,230 [EPS-Primary] 1.18<f6> [EPS-Diluted] 0 <fn> <f1>in Addition to Cash and Receivables, Total Assets Include Investment in Revenue Bonds of $120,317,750, Net Deferred Expenses of $835,058, Escrowed Funds of $747,222, Purchaser's Deposit of $6,371,135 and Prepaid Expenses of $388,042. <f2>represents Partners' Capital. <f3>liabilities Include Accounts Payable and Other Liabilities of $1,070,312, Excess of Equity in Losses of Property-Owning Investees Over Investments Therein of $6,579,631 and Purchaser's Deposit of $6,371,135. <f4>total Revenue Includes Interest Income of $10,109,725. <f5>other Expenses Include Equity in Losses of Property-Owning Investees of $607,755 and General and Administrative Expenses of $497,740. <f6>represents Net Income Per Assigned Benefit Certificate. </Fn> </Table>
12/34/56
EX-1
from 10-Q
1 page
[Article] 5 [Legend] Registrant Is a Limited Partnership Which Invests in Federally Tax-Exempt Revenue Bonds, Which Financed Construction and/or Ownership of Multi- Family Residential Properties. in Accordance With Industry Practice, Its Balance Sheet Is Unclassified. for Full Informaiton, Refer to the Accompanying Unaudited Financial Statements. <table> <s> <c> [Period-Type] 9-Mos [Fiscal-Year-End] Dec-31-1997 [Period-End] Sep-30-1997 [Cash] 5,024,383 [Securities] 0 [Receivables] 458,356 [Allowances] 0 [Inventory] 0 [Current-Assets] 0 [PP&E] 0 [Depreciation] 0 [Total-Assets] 125,089,291<f1> [Current-Liabilities] 0 [Bonds] 0 [Common] 0 [Preferred-Mandatory] 0 [Preferred] 0 [Other-Se] 117,305,243<f2> [Total-Liability-And-Equity] 125,089,291<f3> [Sales] 0 [Total-Revenues] 7,351,071<f4> [Cgs] 0 [Total-Costs] 0 [Other-Expenses] 987,270<f5> [Loss-Provision] 0 [Interest-Expense] 0 [Income-Pretax] 6,363,801 [Income-Tax] 0 [Income-Continuing] 6,363,801 [Discontinued] 0 [Extraordinary] 0 [Changes] 0 [Net-Income] 6,363,801 [EPS-Primary] .84<f6> [EPS-Diluted] 0 <fn> <f1>in Addition to Cash and Receivables, Total Assets Include Investment in Revenue Bonds of $117,786,000, Net Deferred Expenses of $888,301 and Escrowed Funds of $932,251. <f2>represents Partners' Capital. <f3>liabilities Include Accounts Payable and Other Liabilities of $1,127,799 and Excess of Equity in Losses of Property-Owning Investees Over Investments Therein of $6,656,249. <f4>total Revenue Includes Interest Income of $7,351,071. <f5>other Expenses Include Equity in Losses of Property-Owning Investees of $636,587 and General and Administrative Expenses of $350,683. <f6>represents Net Income Per Assigned Benefit Certificate. </Fn> </Table>
12/34/56