«ant only. • Achwe Capita/Appreciation: iwtStmerilt seeing growth of under rater than the generation of MOM.. • Procria Crlarnaabon of income and Capeal Appre< agora Invenrr*ntt snagboth the generation of index ref growth of principal Overall risk proMet • Cowan< Seeks to martian meal papal, with

°one only. • Achieve Capita /Appreciation Sestrnents Wang growth of Fence° fitter than the generation of income. • Footta Combnason of noose and Capeal Appreciation. Investments seeking both the genemica of °are and growth of passim' Overall risk profile; • Conserwaw. Seeks to rnaintan Mal natant

pi 2,429. 2) Goaded nonrecourse finning 12 3) Recourse 13 143,101. J Partners capital account analysis 1) Beginning capital account J1 2) Capeal contributed daring the year - cash . J2 50,000. 3) Capital oontibuted durng the yea • property J3 4) Current year increase (decrease) a -7,4

uctrona agreements, among others O9 votive transactons—No tranSaChOnS wit) derrvatire firers:03i instruments were conducted in the periods reported Capeal rnansgemenr—The obtectrves 41 to Grow in magagng is carstal are toensure that the Group is always capable of providing retirn to es SharerbOtden rd

ctions C %encash oontriCollonre (SO%) D Noncash cortritotiens 00%) / See be Partner's Instructions 17. Alternative minimum tax (MITI kerns E Capeal gain properly lo a 50% A Post-1986 depreciation atiketment organization (30%) B Adjusted gain or loss the Partners F Capital gain prose/W(20M

duction 13. Other deductions A Cash oontrhiglonre(50%) B Cash myetrbotions (30%) C NOnceish oontrlarlimre (50%) D Noncash myetritotionsl30%) E Capeal gain properly lo a 50% organization (30%) F Cased gain property (20%) O investment Interest expense H Deductions - royally encore I Section 598