BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)

                              FINANCIAL STATEMENTS



<PAGE>








INDEPENDENT  AUDITORS'  REPORT






The  Owners
Boeing  737-300  Trust  S/N  24700

We  have  audited the accompanying balance sheet of the Boeing 737-300 Trust S/N
24700  (the  "Trust")  as  of  December  31, 2001, and the related statements of
operations,  changes  in owners' equity, and cash flows for the year then ended.
These  financial  statements  are  the responsibility of the Trust's management.
Our  responsibility is to express an opinion on these financial statements based
on  our  audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the  audit  to  obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management,  as well as evaluating the overall
financial  statement  presentation.  We  believe  that  our  audit  provides  a
reasonable  basis  for  our  opinion.

In  our  opinion,  such  financial  statements  present  fairly, in all material
respects,  the  financial position of the Trust as of December 31, 2001, and the
results  of  its  operations  and  its  cash  flows  for  the year then ended in
conformity with accounting principles generally accepted in the United States of
America.





/s/  Deloitte  &  Touche  LLP


Certified  Public  Accountants

Tampa,  Florida
March  8,  2002


<PAGE>








INDEPENDENT  AUDITORS'  REPORT






The  Owners
Boeing  737-300  Trust  S/N  24700

We  have  audited the accompanying balance sheet of the Boeing 737-300 Trust S/N
24700 as of December 31, 2000, and the related statements of operations, changes
in  owners'  equity,  and  cash  flows for the year then ended.  These financial
statements are the responsibility of the owners' management.  Our responsibility
is  to  express  an  opinion  on  these financial statements based on our audit.

We  conducted our audit in accordance with auditing standards generally accepted
in  the  United  States  of  America.  Those  standards require that we plan and
perform  the  audit  to  obtain reasonable assurance about whether the financial
statements are free of material misstatement.  An audit includes examining, on a
test  basis,  evidence  supporting  the amounts and disclosures in the financial
statements.  An audit also includes assessing the accounting principles used and
significant  estimates  made  by  management,  as well as evaluating the overall
financial  statement  presentation.  We  believe  that  our  audit  provides  a
reasonable  basis  for  our  opinion.

In  our  opinion,  the financial statements referred to above present fairly, in
all  material  respects,  the financial position of the Boeing 737-300 Trust S/N
24700  as  of  December 31, 2000, and the results of its operations and its cash
flows for the year then ended in conformity with accounting principles generally
accepted  in  the  United  States  of  America.  The  accompanying 2000 and 1999
financial  statements  were  not  audited  by us, and accordingly, we express no
opinion  or  any  other  form  of  assurance  on  them.




/s/  KPMG  LLP

SAN  FRANCISCO,  CALIFORNIA
March  12,  2001

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                                 BALANCE SHEETS
                                  DECEMBER 31,
                            (in thousands of dollars)

<TABLE>
<CAPTION>

<S>                                         <C>       <C>

                                               2001      2000
                                            ==================
ASSETS

Aircraft equipment held for lease, at cost  $23,875   $23,382
Less accumulated depreciation. . . . . . .   (9,107)   (6,027)
                                            --------  --------
    Net equipment. . . . . . . . . . . . .   14,768    17,355

Accounts receivable. . . . . . . . . . . .    1,078       836
Lease negotiation fees, less accumulated
      amortization of $33 in 2000. . . . .       --        52
Equipment deposits . . . . . . . . . . . .       --        58
Prepaid expenses . . . . . . . . . . . . .       12         3
                                            --------  --------
      Total assets . . . . . . . . . . . .  $15,858   $18,304
                                            ========  ========


LIABILITIES AND OWNERS' EQUITY

Liabilities:
Accounts payable and accrued expenses. . .  $    70   $   500
Due to affiliates. . . . . . . . . . . . .       20       156
Lessee deposits and reserve for repairs. .    1,027       836
                                            --------  --------
  Total liabilities. . . . . . . . . . . .    1,117     1,492

Owners' equity . . . . . . . . . . . . . .   14,741    16,812
                                            --------  --------
      Total liabilities and owners' equity  $15,858   $18,304
                                            ========  ========
</TABLE>

















                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                            STATEMENTS OF OPERATIONS
                            (in thousands of dollars)

<TABLE>
<CAPTION>

<S>                                     <C>             <C>             <C>
                                                                         For the period
                                          For the year    For the year   from 06/07/99
                                             ended           ended        (inception)
                                           December 31,   December 31,      through
                                              2001           2000          12/31/99
                                                                          (unaudited)
                                        ================================================
REVENUES

Lease revenue. . . . . . . . . . . . .  $        1,790  $        1,396  $         --
Interest income. . . . . . . . . . . .              23               3            --
                                        --------------  --------------  -------------
  Total revenues . . . . . . . . . . .           1,813           1,399            --
                                        --------------  --------------  -------------

EXPENSES

Depreciation and amortization expense.           3,272           3,491         2,569
Repairs and maintenance. . . . . . . .             845           1,146           100
Equipment operating expenses . . . . .             103              77            --
Management fees to affiliate . . . . .              89              70            --
Insurance expense. . . . . . . . . . .              32              38            14
Administrative expenses to affiliates.              38              11            13
Administrative expenses. . . . . . . .              88             115            55
                                        --------------  --------------  -------------
  Total expenses . . . . . . . . . . .           4,467           4,948         2,751
                                        --------------  --------------  -------------

      Net loss . . . . . . . . . . . .  $      (2,654)  $      (3,549)  $     (2,751)
                                        ==============  ==============  =============
</TABLE>



























                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                     STATEMENTS OF CHANGES IN OWNERS' EQUITY
   FOR THE PERIOD FROM INCEPTION JUNE 7, 1999 THROUGH DECEMBER 31, 1999, AND FOR
                   THE YEARS ENDED DECEMBER 31, 2000 AND 2001
                            (in thousands of dollars)


<TABLE>
<CAPTION>

<S>                                               <C>



Owners' capital contribution (unaudited) . . . .  $23,298

Net loss (unaudited) . . . . . . . . . . . . . .   (2,751)
                                                  --------
 Owners' equity at December 31, 1999 (unaudited)   20,547

Net loss . . . . . . . . . . . . . . . . . . . .   (3,549)

Distributions paid . . . . . . . . . . . . . . .     (186)
                                                  --------
  Owners' equity at December 31, 2000. . . . . .   16,812

Net loss . . . . . . . . . . . . . . . . . . . .   (2,654)

Owner's capital contribution . . . . . . . . . .      633

Distributions paid . . . . . . . . . . . . . . .      (50)
                                                  --------
  Owners' equity at December 31, 2001. . . . . .  $14,741
                                                  ========
</TABLE>























                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                            STATEMENTS OF CASH FLOWS
                            (in thousands of dollars)

<TABLE>
<CAPTION>

                                                                                           For the period
                                                             For the year   For the year    from 06/07/99
                                                                ended          ended         (inception)
                                                              December 31,  December 31,       through
                                                                 2001           2000          12/31/99
                                                                                             (unaudited)
                                                            =============================================
OPERATING ACTIVITIES
<S>                                                         <C>                                <C>
Net loss . . . . . . . . . . . . . . . . . . . . . . . . .  $     (2,654)  $      (3,549)  $      (2,751)
Adjustments to reconcile net loss to net cash
    provided by (used in) operating activities:
  Depreciation and amortization. . . . . . . . . . . . . .          3,272           3,491          2,569
  Changes in operating assets and liabilities:
    Accounts receivable. . . . . . . . . . . . . . . . . .          (242)           (836)             --
    Prepaid expenses . . . . . . . . . . . . . . . . . . .            (9)              --             (3)
    Equipment deposits . . . . . . . . . . . . . . . . . .             58            (58)             --
    Accounts payable and accrued expenses. . . . . . . . .          (430)             489             11
    Due to affiliates. . . . . . . . . . . . . . . . . . .          (136)             156             --
    Lessee deposits. . . . . . . . . . . . . . . . . . . .            191             836             --
                                                            -------------  --------------  --------------
      Net cash provided by (used in) operating activities.             50             529           (174)
                                                            -------------  --------------  --------------

INVESTING ACTIVITIES

Payments for the purchase of the aircraft and
  capitalized repairs. . . . . . . . . . . . . . . . . . .             --           (258)        (22,600)
Payment of acquisition fees to affiliate . . . . . . . . .          (493)              --           (524)
Payment of lease negotiation fees to affiliate . . . . . .          (140)            (85)             --
                                                            -------------  --------------  --------------
      Net cash used in investing activities. . . . . . . .          (633)           (343)        (23,124)
                                                            -------------  --------------  --------------

FINANCING ACTIVITIES

Owners' capital contributions. . . . . . . . . . . . . . .            633              --         23,298
Distributions paid . . . . . . . . . . . . . . . . . . . .           (50)           (186)             --
                                                            -------------  --------------  --------------
      Net cash provided by (used in) financing activities.            583           (186)         23,298
                                                            -------------  --------------  --------------

Net change in cash and cash equivalents. . . . . . . . . .             --              --             --
Cash and cash equivalents at beginning of period . . . . .             --              --             --
                                                            -------------  --------------  --------------
Cash and cash equivalents at end of year . . . . . . . . .  $          --  $           --  $          --
                                                            =============  ==============  ==============

</TABLE>









                 See accompanying notes to financial statements.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

1.     Summary  of  Significant  Accounting  Policies
       ----------------------------------------------

     Organization
     ------------

     In  June  1999,  PLM  Equipment  Growth  &  Income  Fund  VII  (EGF VII), a
California  limited  partnership,  and  PLM  Equipment Growth Fund VI (EGF VI) a
California  limited partnership (the Owners), and Boeing 737-300 Trust S/N 24700
(the  "Trust")  entered  into  a  Trust Agreement under which PLM Transportation
Equipment Corp.(TEC), a wholly-owned subsidiary of PLM International, Inc., acts
as  trustee  for the benefit of the Owners as equal co-beneficiaries.  The Trust
was  established  for  the  purpose  of  purchasing  a Boeing 737-300 commercial
aircraft.  The Trust has no employees nor operations other than the operation of
the  Boeing  737-300  commercial aircraft.  The Trust estate is owned 38% by EGF
VII  and  62%  by  EGF  VI.

PLM Financial Services Inc., (FSI) is the General Partner of EGF VII and EGF VI.
FSI  is  a  wholly-owned  subsidiary  of  PLM  International,  Inc.

     The aircraft was purchased in June 1999 for $22.6 million.  EGF VII paid or
accrued  acquisition fees of $0.5 million during 1999 and lease negotiation fees
of  $0.1  million  during  2000  to  FSI.  EGF  VI  paid  acquisition  and lease
negotiation  fees  of  $0.6  million  during  2001  to  FSI.

In  December  2001,  the  aircraft  was  leased to Pluna Lineas Aereas Uruguayas
(PLAU)  with  a  term  expiring  in  April  2005.

     Estimates
     ---------

These  accompanying financial statements have been prepared on the accrual basis
of accounting in accordance with accounting principles generally accepted in the
United  Sates  of  America.  This  requires  management  to  make  estimates and
assumptions  that  affect  the  reported  amounts  of  assets  and  liabilities,
disclosures  of  contingent  assets and liabilities at the date of the financial
statements,  and  the  reported  amounts  of  revenues  and  expenses during the
reporting  period.  Actual  results  could  differ  from  those  estimates.  All
amounts as of December 31, 1999 and for the period from June 7, 1999 (inception)
through  December  31,  1999  are  unaudited.

     Operations
     ----------

The  aircraft in the Trust is managed under a continuing management agreement by
PLM  Investment  Management,  Inc. (IMI), a wholly-owned subsidiary of FSI.  IMI
receives a monthly management fee from the Trust for managing the aircraft (Note
2).  FSI,  in  conjunction with its subsidiaries, sells transportation equipment
to  investor  programs  and  third  parties,  manages  pools  of  transportation
equipment  under agreements with the investor programs, and is a general partner
in  limited  partnerships.

     Cash  and  Cash  Equivalents
     ----------------------------

All  cash  generated  from operations is distributed to the owners; accordingly,
the  Trust  has  no  cash  balance  at  December  31,  2001  and  2000.

     Accounting  for  Leases
     -----------------------

     The  aircraft under the Trust is leased under an operating lease with fixed
monthly  payments.  Under  the  operating lease method of accounting, the leased
asset  is  recorded  at  cost  and  depreciated  over its estimated useful life.
Rental  payments  are recorded as revenue over the lease term in accordance with
Financial  Accounting  Standards Board Statement No. 13 "Accounting for Leases".
Lease  origination  costs  are  amortized  over  the  related  lease  period.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

1.     Summary  of  Significant  Accounting  Policies  (continued)
       ----------------------------------------------

     Depreciation  and  Amortization
     -------------------------------

Depreciation  of  aircraft  equipment  is  computed  using  the double-declining
balance  method, taking a full month's depreciation in the month of acquisition,
based  upon  an  estimated  useful  life  of  12 years.  The depreciation method
changes  to  straight-line  when  the  annual  depreciation  expense  using  the
straight-line  method  exceeds  that  calculated by the double-declining balance
method.  Acquisition  fees  of  $1.0  million,  which  were  paid  to  FSI, were
capitalized  as part of the cost of the equipment and amortized over the life of
the  aircraft.  Lease  negotiation  fees of $0.2 million were amortized based on
the  term  of  the  initial  lease.

During  2001, the Owners' limited partnership agreements were amended to require
additional acquisition and lease negotiation fees (see Note 2) to be paid to FSI
on  the  purchase  of  the aircraft in the Trust.  Depreciation and amortization
expense  of $0.2 million, which represents the cumulative effect of depreciation
and  amortization  that  should  have  been  recorded  from  the purchase of the
aircraft  from  1999  until  the Owners' limited partnership amendments in 2001,
were  recorded  in  2001.

     Aircraft
     --------

Aircraft  held for operating leases is stated at cost less any reductions to the
carrying value as required by Statement of Financial Accounting Standards (SFAS)
No.  121, "Accounting for the Impairment of Long-Lived Assets and for Long-Lived
Assets  to  Be  Disposed  Of"  (SFAS  No.  121).

In  accordance with SFAS No. 121, the General Partner reviews the carrying value
of  the  Trust's aircraft at least quarterly and whenever circumstances indicate
that the carrying value of the aircraft would not be recoverable due to expected
future market conditions.  If the projected undiscounted cash flows and the fair
market  value of the aircraft is less than the carrying value of the aircraft, a
loss  on revaluation is recorded.  No revaluations to the aircraft were required
in  2001,  2000,  or  1999.

In  October  2001,  Financial  Accounting  Standards  Board issued SFAS No. 144,
"Accounting for the Impairment or Disposal of Long-Lived Assets" (SFAS No. 144),
which  replaces SFAS No. 121.  SFAS No. 144 provides updated guidance concerning
the  recognition  and  measurement  of  an  impairment loss for certain types of
long-lived  assets,  expands  the scope of a discontinued operation to include a
component  of  an  entity, and eliminates the current exemption to consolidation
when  control  over  a  subsidiary  is  likely to be temporary.  SFAS No. 144 is
effective  for  fiscal  years  beginning  after  December  15,  2001.

The  Trust will apply the new rules on accounting for the impairment or disposal
of  long-lived  assets  beginning in the first quarter of 2002, and they are not
anticipated  to  have  an  impact on the Trust's earnings or financial position.

     Repairs  and  Maintenance
     -------------------------

Repairs  and  maintenance  for the aircraft are the obligation of the lessee. To
meet  the  maintenance  requirements  of certain aircraft airframes and engines,
reserve  accounts are prefunded by the lessee over the period of the lease based
on  the  number  of  hours  this  equipment is used, times the estimated rate to
repair  this  equipment.  If  repairs exceed the amount prefunded by the lessee,
the  Trust has the obligation to fund and accrue the difference.  If an aircraft
is  sold  and  there is a balance  in the  reserve  account  for repairs to that
aircraft,  the  balance  in  the  reserve  account is reclassified as additional
sales  proceeds.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

1.     Summary  of  Significant  Accounting  Policies(continued)
       ----------------------------------------------

     Repairs  and  Maintenance  (continued)
     -------------------------

The  aircraft  reserve  accounts  are  included  in  the balance sheet as lessee
deposits  and  reserve  for  repairs.

Since  one  of the aircraft engines was scheduled for an overhaul prior to going
on  its  initial  lease,  the  Trust  was  responsible  for the overhaul to this
aircraft  engine.  This  engine  was  overhauled  in  2000.

     Net  Loss  and  Cash  Distributions  to  Owners
     -----------------------------------------------

The  net  loss  and cash distributions of the Trust are allocated to the Owners.
The  net  loss is generally allocated to the Owners based on their percentage of
ownership  in  the  Trust.  Certain  depreciable  and  amortizable  amounts  are
allocated  specifically  to  each  of  the  Owners,  such  as  depreciation  on
acquisition fees and amortization on lease negotiation fees.  Cash distributions
are  allocated  50%  to  EGF  VII  and  50%  to  EGF  VI.

     Comprehensive  Loss
     -------------------

The Trust's comprehensive loss is equal to net loss for the years ended December
31,  2001,  2000  and  1999.

2.     General  Partner  and  Transactions  with  Affiliates
       -----------------------------------------------------

Under  the equipment management agreement, IMI receives a monthly management fee
equal  to  the  lesser  of  (i) the fees that would be charged by an independent
third  party  for similar services for similar equipment or (ii) 5% of the gross
lease  revenues  attributable  to equipment that is subject to operating leases.
The  Trust's  management  fee  in  2001 was less than an independent third party
management  fee charged for similar services for similar equipment.  The Trust's
management  fee  expense  to  affiliate was $0.1 million, $0.1 million, and $-0-
during  2001,  2000,  and  1999,  respectively.

The  Trust  reimbursed  FSI $38,000, $11,000, and $13,000 during 2001, 2000, and
1999,  respectively,  for  data  processing and administrative expenses directly
attributable  to  the  Trust.

The  Trust  paid  or  accrued  acquisition  and  lease  negotiation fees of $0.6
million,  $0.1  million,  and  $0.5  million  during  2001,  2000,  and  1999,
respectively.

As  of  December  31,  2001,  due  to  affiliates included Trust management fees
payable  to  IMI of $20,125.  As of December 31, 2000, amounts due to affiliates
included  Trust  management  fees  payable  to  IMI  of  $0.1  million and lease
negotiation  fees  payable  to  FSI  of  $0.1  million

3.     Equipment
       ---------

Lease revenues are earned by placing the aircraft on an operating lease.  During
December  2001, a fixed rate lease expiring in 2005 was signed with Pluna Lineas
Aereas  Uruguayas.

The  Trust  paid  acquisition  fees  of  $0.5  million  during  2001  and  1999.

The  aircraft  in the Trust is used as collateral against the senior loan of the
Owners.

<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

3.     Equipment  (continued)
       ---------

The  aircraft  lease  is  accounted  for  as an operating lease.  Future minimum
rentals  under  noncancelable  operating leases, as of December 31, 2001, during
each  of  the  next  five years are: $1.9 million in 2002, $1.9 million in 2003,
$1.9  million  in  2004,  $0.5  million  in  2005,  and  $-0-  thereafter.

4.     Geographic  Information
       -----------------------

As  of  December  31,  2001,  the  aircraft in the Trust is on lease to a lessee
domiciled  in South America.  Prior to relocating the aircraft to South America,
the  aircraft  was  on  lease to a lessee domiciled in Iceland.  During 1999 and
part  of  2000,  the  aircraft  was  in  the  United  States undergoing repairs.

The  table  below sets forth lease revenues by geographic region for the Trust's
aircraft  and  grouped  by  domicile of the lessee as of and for the years ended
December  31  (in  thousands  of  dollars):
<TABLE>
<CAPTION>


Region               2001    2000   1999
==================  ======  ======  =====
<S>                 <C>     <C>     <C>

Iceland. . . . . .  $1,635  $1,396  $  --
South America. . .     155      --     --
                    ------  ------  -----
    Lease revenues  $1,790  $1,396  $  --
                    ======  ======  =====
</TABLE>


The  following  table sets forth net income (loss) information by region for the
Trust's  aircraft  for  the  years  ended December 31 (in thousands of dollars):
<TABLE>
<CAPTION>


Region           2001      2000      1999
=============  ========  ========  =======
<S>            <C>       <C>       <C>

United States  $    --   $(1,326)  $(2,751)
Iceland . . .   (2,025)   (2,223)       --
South America     (629)       --        --
               --------  --------  --------
    Net loss.  $(2,654)  $(3,549)  $(2,751)
               ========  ========  ========
</TABLE>


The  net  book  value  of  the  aircraft  as  of  December 31 are as follows (in
thousands  of  dollars):
<TABLE>
<CAPTION>


Region               2001     2000
==================  =======  =======
<S>                 <C>      <C>

United States. . .  $    --  $    --
Iceland. . . . . .       --   17,355
South America. . .   14,768       --
                    -------  -------
    Net book value  $14,768  $17,355
                    =======  =======
</TABLE>


5.     Income  Taxes
       -------------

The  Trust  is not subject to income taxes, as any income or loss is included in
the  tax  return  of  the  individual  partners  and  members owning the Owners.
Accordingly,  no  provision  for  income  taxes  has  been made in the financial
statements  of  the  Trust.

As  of  December 31, 2001, the financial statement carrying amount of assets and
liabilities  was  approximately  $7.2  million lower than the federal income tax
basis  of  such  assets  and  liabilities,  primarily  due  to  differences  in
depreciation  methods.


<PAGE>

                         BOEING 737-300 TRUST S/N 24700
                                    (A TRUST)
                          NOTES TO FINANCIAL STATEMENTS

6.          Concentrations  of  Credit  Risk
            --------------------------------

Financial  instruments, which potentially subject the Trust to concentrations of
credit  risk,  consist  principally  of lease receivables.  The only lessee that
accounted  for  more  than  10%  of  the consolidated revenues for the Trust was
Islandsflug  HF  (91%  in  2001  and  100%  in  2000).

As  of  December  31,  2001,  the  manager  believes  that  the only significant
concentrations  of  credit risk that could have a material adverse effect on the
Trust is PLAU, the current lessee of the only equipment in the Trust, which will
account  for  100%  of  the  lease  revenues.

7,          Capital  Contributions
            ----------------------

During  2001,  EGF  VI  made an additional capital contribution of $0.6 million.
The  contribution  was  made  to  the  Trust  to  pay  for acquisition and lease
negotiation  fees  paid  in  2001.

This  contribution did not change EGF VI's percentage of ownership in the Trust.