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                                FORM 10-K/A NO. 1

                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

              ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934
                   For the fiscal year ended December 31, 2000

                         Commission File Number 0-21276

                      DATRONIC FINANCE INCOME FUND I, L.P.
                      ------------------------------------
             (Exact name of Registrant as specified in its charter)

       Delaware                                                 36-3744792
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    State or other                                            (I.R.S. Employer
   jurisdiction of                                           Identification No.)
  incorporation or
    organization

1300 E. Woodfield Road, Suite 312, Schaumburg, Illinois              60173
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(Address of principal executive offices)                           (Zip Code)

Registrant's telephone number, including area code: (847) 240-6200
                                                    --------------
Securities registered pursuant to Section 12(b) of the Act:

Title of each class                    Name of each exchange on which registered
       NONE                                                NONE
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Securities registered pursuant to Section 12(g) of the Act:

                      Units of Limited Partnership Interest
                      -------------------------------------
                                (Title of class)

Indicate by check mark whether the Registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the Registrant was
required to file such report(s)), and (2) has been subject to such filing
requirements for the past 90 days. Yes x  No
                                      ---

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in definitive proxy or information statements
incorporated by reference in Part III of this Form 10-K or any amendment to this
Form 10-K. [x]


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                                     PART I

ITEM 1 - BUSINESS

Datronic Finance Income Fund I, L.P. (the "Partnership"), a Delaware Limited
Partnership, was formed on November 21, 1990. The Partnership offered Units of
Limited Partnership Interests (the "Units") during 1991 and early 1992 raising
$29,117,000 of limited partner funds.

In 1992, a class action lawsuit was filed against the original general partner
of the Partnership alleging misappropriation of $13.3 million from this and six
other partnerships. Pursuant to a partial settlement of that lawsuit, on March
4, 1993, Lease Resolution Corporation ("LRC") was appointed general partner of
this and five of the other affected partnerships (collectively, the Datronic
Partnerships). The assets purchased with the misappropriated funds (Diverted
Assets) were recovered for the benefit of the affected partnerships and LRC has
been managing and liquidating these assets since March 4, 1993.

The Partnership was originally formed to invest in a variety of finance leases.
Since October 1, 1996, the Partnership has been in its Liquidating Phase, which
means that, as of that date, it ceased acquiring additional finance leases and
has been liquidating its lease portfolio and other assets in an orderly manner.

As of December 31, 2000, the principal assets of the Partnership consisted of a
14.4% interest in the remaining Diverted Assets (the Southwick office building,
a seven-story structure located in Schaumburg, Illinois along with $1.4 million
of cash generated primarily from building operations), fully reserved delinquent
leases, and cash. The building is listed for sale for $15.5 million. While the
actual amount to be realized from the sale cannot be determined until it is
sold, the Partnership will realize a substantial gain. The general partner, LRC,
is also exploring the sale of the remaining leases.

After all of the Partnership's assets have been converted to cash, the general
partner will satisfy all remaining known liabilities of the Partnership and will
set aside reserves to provide for future contingent Partnership liabilities. All
remaining cash will be distributed to the Limited Partners.

The general partner expects to utilize $217,000 to pay for partnership
liquidation activities. These activities will include preparation of final state
and federal tax returns, provide Limited Partners with final K-1s, file final
state and federal regulatory documents, close all bank accounts, and complete
all other such tasks as are necessary to

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conclude the Partnership's affairs. In accordance with the limited partnership
agreement, as amended, the general partner also expects to utilize up to
$228,000 to reserve, expense or otherwise provide for any uninsured, currently
unasserted claims that might arise from the operations or final liquidation of
the Partnership.

The general partner expects that the distribution to Limited Partners will occur
in the second half of 2001 and post-dissolution activities will be completed by
the end of 2001.

Since the Partnership is entering its final liquidation and dissolution stage,
information about industry segments, geographic regions, raw materials,
seasonality, sources and availability of leases, backlog and competition is not
relevant or material to an understanding of the Partnership's future activity.

The Partnership has no employees. LRC, the General Partner, employed 16 persons
at December 31, 2000 all of whom attend to the operations of the Datronic
Partnerships.

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ITEM 7 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
OF OPERATIONS

The following discussion and analysis presents information pertaining to the
Partnership's operating results and financial condition.

RESULTS OF OPERATIONS

The Partnership had a net loss of $700,000 in 2000 in the aggregate for all
classes of partners. This compares to aggregate net losses in 1999 and 1998 of
$367,000 and $253,000, respectively. The 2000 net loss includes a $217,000
provision for post-dissolution expenses which are discussed below. Differences
in operating results between Liquidating and Continuing Limited Partners are
attributable to lease income and expenses associated with new lease investments
made since March 4, 1993. Liquidating Limited Partners do not participate in the
post-March 4, 1993 investment activities. Significant factors affecting overall
operating results for the three years ended December 31, 2000 include the
following:

Lease income:
Since October 1996, the Partnership has been in its Liquidating Phase which
prohibits investing in any new leases. Accordingly, the lease portfolio has
continued to decrease as collections are made, resulting in a continued decline
in lease income over the three years ended December 31, 2000. As of September
2000 the Partnership no longer has an active lease portfolio. However, it does
have $341,000 of fully reserved lease balances. Occasionally recoveries are made
against these balances and any such amounts in excess of the reserve result in
lease income. These remaining leases are expected to be disposed of in bulk
during the first half of 2001.

Litigation Proceeds:
Litigation proceeds represent the Partnership's proportionate share of
recoveries received during 1998 in connection with the resolution of litigation
against its former accountants.

Recovery of Datronic Assets:
Recovery of Datronic Assets represents the Partnership's 10.2% share of
previously reserved cash balances held by a nominee company for the benefit of
the Datronic Partnerships. During 1998, potential claims against these funds
were resolved and a total of $750,000 was distributed proportionately to each of
the Datronic Partnerships.

Interest income:
Interest income for all three years includes earnings on invested cash balances.
Interest income is declining because the cash distributions paid to Limited
Partners of $1.3 million in June 2000 and $978,000 in April 1999 reduced average
invested cash balances.


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General Partner's expense reimbursement:
General Partner's expense reimbursement represents payments to LRC for expenses
it incurred as general partner. These expenses include expenses incurred by LRC
in its management of the day-to-day operations of the Partnership. Included in
2000 expenses is $88,000 of insurance premiums associated with the wrap up the
Partnership affairs and its final dissolution. See Note 10 to the Partnership's
financial statements included in Item 8.

Professional fees - litigation:
Professional fees - litigation represent fees paid in connection with the
Partnership's litigation, which is described in Note 7 to the Partnership's
financial statements included in Item 8. The 1998 amount reflects fees paid in
connection with the litigation against the Partnership's former accountants. The
decrease after 1998 reflects the fact that all major litigation was concluded
during 1998 and only incidental matters remained.

Professional fees - other:
Professional fees - other for the three years ended December 31, 2000 reflect a
decreasing level of professional services required as a result of the decrease
in the Partnership's lease portfolio and related activities.

Provision (credit) for lease losses:
These provisions (credits) reflect the assessment of the potential losses
inherent in the lease portfolio and any recoveries of previously reserved
balances.

Provision for post-dissolution expenses:
The general partner expects to dissolve the Partnership by mid-2001 and,
accordingly, the Partnership has recorded a $217,000 provision for
post-dissolution expenses in the 2000 Statement of Revenues and Expenses. This
provision is an estimate of the costs to be incurred as a direct consequence of
the final dissolution process. (See Note 8 to the Partnership's financial
statements included in Item 8.) The general partner expects that the Partnership
will be dissolved in mid-2001 and that post-dissolution activities will be
concluded by the end of 2001.

LIQUIDITY AND CAPITAL RESOURCES

During 2000, the Partnership continued to liquidate its assets and use its cash
to pay Partnership operating expenses, pay a distribution to Limited Partners
and provide funding for the post-dissolution activities of the Partnership.
During this period, Partnership cash and cash equivalents decreased by
$1,339,000 to $690,000 at December 31, 2000 from $2,029,000 at December 31,
1999.

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This decrease is primarily due to a distribution paid to Limited Partners of
$1,263,000 (see below) and by cash used in operations of $441,000, partially
offset by $149,000 of cash from leases and $216,000 from a distribution of
Diverted assets.

During June 2000, the Partnership made a cash distribution to Limited Partners
who were owners of record on March 31, 2000. This distribution was made from
residual cash, which is cash available for distribution after satisfying current
Partnership liabilities and setting aside reserves against potential future
Partnership liabilities. The total distribution paid to Continuing and
Liquidating Limited Partners was $1,170,000 and $92,000, respectively. Pursuant
to the Partnership Agreement, these amounts were allocated among the Limited
Partners based on each partner's proportionate share of total partners' capital
attributable to their Class.

The Partnership's sources of future liquidity are expected to come from
cash-on-hand, the Partnership's share of the net proceeds from the sale of the
Southwick office building (along with its share of $1.4 million of cash
primarily from building operations), and net proceeds (if any) from the bulk
sale of the remaining deficient leases.

The Southwick office building, and related cash from operations, represent the
only remaining Diverted Assets (see Note 4 to the Partnership's financial
statements included in Item 8). The Partnership's 14.4% interest in the
Southwick office building is carried at $402,000. The building is currently
listed for sale with an asking price of $15.5 million. While the actual amount
to be realized from the sale of the building cannot be determined until it is
sold, the Partnership will realize a substantial gain. The general partner
expects the building to be sold during the second quarter 2001.

After all of the Partnership's assets have been converted to cash, the general
partner will satisfy all remaining known liabilities of the Partnership and will
set aside reserves to provide for future contingent Partnership liabilities. All
remaining cash will be distributed to the Limited Partners.

The general partner expects to utilize $217,000 to pay for partnership
liquidation activities. These activities will include preparation of final state
and federal tax returns, provide Limited Partners with final K-1s, file final
state and federal regulatory documents, close all bank accounts, and complete
all other such tasks as are necessary to conclude the Partnership's affairs. In
accordance with the
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limited partnership agreement, as amended, the general partner also expects to
utilize up to $228,000 to reserve, expense or otherwise provide for any
uninsured, currently unasserted claims that might arise from the operations or
final liquidation of the Partnership.

IMPACT OF INFLATION AND CHANGING PRICES

Inflation is not expected to have any significant direct, determinable effect on
the Partnership's business or financial condition.

ITEM 7A - QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

The information called for in this disclosure is not applicable to the
Registrant.

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                                   SIGNATURES
                                   ----------

Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned, thereunto duly authorized on the 14th day of May
2001.

                      DATRONIC FINANCE INCOME FUND I, L.P.

May 14, 2001 By: Lease Resolution Corporation,
                 General Partner


                 By: /s/ Donald D. Torisky
                     ---------------------
                     Donald D. Torisky
                     Chairman and Chief Executive Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of the Registrant and
in the capacities indicated and on the dates indicated.

By: /s/ Jeffrey T. McReynolds                May 14, 2001
    --------------------------
    Jeffrey T. McReynolds
    Director, Chief Financial Officer,
    (and Principal Accounting Officer)
    Lease Resolution Corporation,
    General Partner of Datronic
    Finance Income Fund I, L.P.

By: /s/ Arthur M. Mintz                      May 14, 2001
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    Arthur M. Mintz
    Vice-Chairman and General Counsel,
    Lease Resolution Corporation,
    General Partner of Datronic
    Finance Income Fund I, L.P.

By: /s/ Scott E. Newlund                     May 14, 2001
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    Scott E. Newlund
    Director,
    Lease Resolution Corporation,
    General Partner of Datronic
    Finance Income Fund I, L.P.

By: /s/ Donald D. Torisky                    May 14, 2001
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    Donald D. Torisky
    Chairman and Chief Executive Officer,
    Lease Resolution Corporation,
    General Partner of Datronic
    Finance Income Fund I, L.P.


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