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


                                    FORM 10-Q



[x ]     Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
         Exchange Act of 1934

For the period ended                        March 31, 1997
                     -----------------------------------------------------------

[  ]     Transition Report Pursuant to Section 13 or 15(d) of the Securities
         Exchange Act of 1934

For the transition period from                         to
                              -------------------------     --------------------

Commission File Number                           33-36376
                      ----------------------------------------------------------

                        ICON Cash Flow Partners L.P. Six
--------------------------------------------------------------------------------
             (Exact name of registrant as specified in its charter)


         Delaware                                              13-3723089
--------------------------------------------------------------------------------
(State or other jurisdiction of                              (IRS Employer
incorporation or organization)                           Identification Number)


              600 Mamaroneck Avenue, Harrison, New York 10528-1632
--------------------------------------------------------------------------------
  (Address of principal executive offices)                  (Zip code)


                                 (914) 698-0600
--------------------------------------------------------------------------------
               Registrant's telephone number, including area code



         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 reports),  and (2) has been subject to such
filing requirements for the past 90 days.

                                                          [ x] Yes     [  ] No


<PAGE>



PART I  - FINANCIAL INFORMATION
Item 1.  Financial Statements

                        ICON Cash Flow Partners L.P. Six
                        (A Delaware Limited Partnership)

                           Consolidated Balance Sheets

                                   (unaudited)
<TABLE>
                                                                                  March 31,        December 31,
                                                                                    1997               1996
       Assets
<S>                                                                           <C>                <C>            
Cash                                                                          $      1,754,458   $     4,821,624
                                                                              ----------------   ---------------

Investment in finance leases
   Minimum rents receivable                                                         38,691,218        45,645,436
   Estimated unguaranteed residual values                                           11,644,985        11,924,455
   Initial direct costs                                                              1,367,987         1,624,309
   Unearned income                                                                  (7,604,077)       (9,073,073)
   Allowance for doubtful accounts                                                    (463,166)         (485,627)
                                                                              ----------------   ---------------

                                                                                    43,636,947        49,635,500
Investment in operating leases
   Equipment, at cost                                                               19,371,603        19,371,603
   Accumulated depreciation                                                         (1,697,298)       (1,485,136)
   Initial direct costs                                                                  -                47,945
                                                                              ----------------   ---------------

                                                                                    17,674,305        17,934,412
Investment in financings
   Receivables due in installments                                                   3,474,501         7,737,022
   Initial direct costs                                                                 51,770           138,928
   Unearned income                                                                    (372,486)       (1,165,426)
   Allowance for doubtful accounts                                                     (13,198)          (13,198)
                                                                              ----------------   ---------------

                                                                                     3,140,587         6,697,326

Equity investment in joint ventures                                                  5,621,987            45,724
                                                                              ----------------   ---------------

Investment in leverage lease, net                                                    2,140,641         2,086,672
                                                                              ----------------   ---------------

Other assets                                                                           869,769           583,884
                                                                              ----------------   ---------------


Total assets                                                                  $     74,838,694   $    81,805,142
                                                                              ================   ===============

</TABLE>


<PAGE>



                        ICON Cash Flow Partners L.P. Six
                        (A Delaware Limited Partnership)

                     Consolidated Balance Sheets (continued)

                                   (unaudited)
<TABLE>

                                                                                 March 31,       December 31,
                                                                                    1997               1996

       Liabilities and Partners' Equity
<S>                                                                           <C>                <C>            
Notes payable - non-recourse                                                  $     36,604,885   $    39,001,676
Note payable - affiliate                                                             6,780,328              -
Note payable - non-recourse - securitized                                            3,625,955        12,134,273
Accounts payable - other                                                             1,229,105           753,769
Minority interest in joint venture                                                     681,291           877,893
Security deposits and deferred credits                                                 582,648         2,929,380
Accounts payable - equipment                                                           417,048           243,499
                                                                              ----------------   ---------------

                                                                                    49,921,260        55,940,490
Commitments and Contingencies

Partners' equity (deficiency)
   General Partner                                                                     (81,036)          (71,652)
   Limited partners (382,739 and 382,864
     units outstanding, $100 per unit original
     issue price in 1997 and 1996, respectively)                                    24,998,470        25,936,304
                                                                              ----------------   ---------------

     Total partners' equity                                                         24,917,434        25,864,652
                                                                              ----------------   ---------------

Total liabilities and partners' equity                                        $     74,838,694   $    81,805,142
                                                                              ================   ===============

</TABLE>

















See accompanying notes to consolidated financial statements.


<PAGE>



                        ICON Cash Flow Partners L.P. Six
                        (A Delaware Limited Partnership)

                      Consolidated Statements of Operations

                      For the Three Months Ended March 31,

                                   (unaudited)
<TABLE>
                                                                                       1997              1996
                                                                                       ----              ----
Revenue

<S>                                                                                <C>             <C>          
   Finance income                                                                  $   1,241,419   $   1,754,362
   Rental income                                                                         402,101         603,151
   Income from leveraged lease, net                                                       86,544             -
   Net gain on sales or remarketing
     of equipment                                                                         79,701          58,597
   Interest income and other                                                              45,561         115,501
   Income from equity investment
     in joint ventures                                                                    22,901           1,506
                                                                                   -------------   -------------

   Total revenues                                                                      1,878,227       2,533,117
                                                                                   -------------   -------------

Expenses

   Interest                                                                              665,728       1,180,959
   Amortization of initial direct costs                                                  418,146         331,719
   Management fees - General Partner                                                     267,846         489,485
   Depreciation                                                                          212,162         212,162
   Administrative expense
     reimbursements - General Partner                                                    133,007         225,277
   General and administrative                                                             67,783         168,798
   Minority interest in joint venture                                                     12,859          18,471
   Provision for bad debts                                                                  -            150,000
                                                                                   -------------   -------------

   Total expenses                                                                      1,777,531       2,776,871
                                                                                   -------------   -------------

Net income (loss)                                                                  $     100,696   $    (243,754)
                                                                                   =============   =============

Net income (loss) allocable to:
   Limited partners                                                                $      99,689   $    (241,316)
   General Partner                                                                         1,007          (2,438)
                                                                                   -------------   -------------

                                                                                   $     100,696   $    (243,754)
                                                                                   =============   =============
Weighted average number of limited
   partnership units outstanding                                                         382,781         383,436
                                                                                   =============   =============

Net income (loss) per weighted average
   limited partnership unit                                                        $         .26   $        (.63)
                                                                                   =============   =============
</TABLE>

See accompanying notes to consolidated financial statements.


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)

             Consolidated Statements of Changes in Partners' Equity

                  For the Three Months Ended March 31, 1997 and
                the Years Ended December 31, 1996, 1995 and 1994
                                   (unaudited)
<TABLE>

                                Limited Partner Distributions

                                  Return of      Investment            Limited        General
                                   Capital         Income             Partners        Partner          Total
                                 (Per weighted average unit)
<S>                               <C>             <C>                <C>                <C>           <C>    
Balance at
    December 31, 1993                                              $        1,000   $      1,000  $       2,000

Refund of initial
    limited partners'
    capital contribution                                                   (1,000)             -         (1,000)
Proceeds from issuance
    of limited partnership
    units (127,704.10 units)                                           12,770,410              -     12,770,410
Sales and offering expenses                                            (1,724,005)             -     (1,724,005)
Cash distributions
    to partners                    $  7.59        $   2.21               (311,335)        (3,145)      (314,480)
Net income                                                                 70,181            709         70,890
                                                                   --------------   ------------  -------------

Balance at
    December 31, 1994                                                  10,805,251         (1,436)    10,803,815
Proceeds from issuance
    of limited partnership
    units (256,153.02 units)                                           25,615,302            -       25,615,302
Sales and
    offering expenses                                                  (3,458,068)           -       (3,458,068)
Cash distributions
    to partners                    $  9.48        $    .29             (2,543,783)       (25,694)    (2,569,477)
Limited partnership units
    redeemed (265 units)                                                  (20,827)           -          (20,827)
Net income                                                                 75,307            761         76,068
                                                                   --------------   ------------  -------------

Balance at
    December 31, 1995                                                  30,473,182        (26,369)    30,446,813
Cash distributions
    to partners                    $ 10.75        $  -                 (4,119,354)       (41,613)    (4,160,967)
Limited partnership units
    redeemed (728 units)                                                  (54,227)            -         (54,227)
Net loss                                                                 (363,297)        (3,670)      (366,967)
                                                                   --------------   ------------  -------------

Balance at
    December 31, 1996                                                  25,936,304        (71,652)    25,864,652
Cash distributions
    to partners                    $  2.43        $    .26             (1,028,723)       (10,391)    (1,039,114)
Limited partnership units
    redeemed (125 units)                                                   (8,800)         -             (8,880)
Net income                                                                 99,689          1,007        100,696
                                                                   --------------   ------------  -------------

Balance at
    March 31, 1997                                                 $   24,998,470   $    (81,036) $  24,917,434
                                                                   ==============   ============  =============
</TABLE>

See accompanying notes to consolidated financial statements.


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)

                      Consolidated Statements of Cash Flows

                      For the Three Months Ended March 31,
<TABLE>

                                                                                         1997           1996
                                                                                         ----           ----
Cash flows from operating activities:
<S>                                                                                <C>            <C>           
   Net income (loss)                                                               $     100,696  $    (243,754)
                                                                                   -------------  -------------
   Adjustments to reconcile net income (loss) to
    net cash provided by operating activities:
      Depreciation                                                                       212,162        212,162
      Rental income - assigned operating lease receivables                              (402,101)      (603,151)
      Finance income portion of receivables paid directly
        to lenders by lessees                                                           (672,539)      (888,182)
      Amortization of initial direct costs                                               418,146        331,719
      Allowance for doubtful accounts                                                      -            135,562
      Net gain on sales or remarketing of equipment                                      (79,701)       (58,597)
      Income from leveraged lease, net                                                   (86,544)         -
      Income from equity investment in joint venture                                     (22,901)        (1,506)
      Distribution from investment in joint venture                                          -        1,482,236
      Interest expense on non-recourse financing paid directly by lessees                349,836        601,034
      Interest expense accrued on non-recourse debt                                          -          407,271
      Collection of principal - non-financed receivables                               2,453,578      2,571,188
      Change in operating assets and liabilities:
         Accounts payable to General Partner and affiliates, net                             -         (363,258)
         Accounts payable - other                                                        475,336        (27,766)
         Security deposits and deferred credits                                       (2,346,732)        95,717
         Minority interest in joint ventures                                            (196,602)    (1,890,880)
         Other, net                                                                      225,072        (69,108)
                                                                                   -------------  -------------

           Total adjustments                                                             327,010      1,934,441
                                                                                   -------------  -------------

        Net cash provided by operating activities                                        427,979      1,690,687
                                                                                   -------------  -------------

Cash flows from investing activities:
   Equipment and receivables purchased                                                (1,541,032)    (6,329,190)
   Proceeds from sales of equipment                                                      821,791        270,677
   Initial direct costs                                                                     -          (372,089)
                                                                                   -------------  -------------

         Net cash used in investing activities                                          (719,241)    (6,430,602)
                                                                                   -------------  -------------

Cash flows from financing activities:
   Proceeds from note payable-affiliate                                                7,780,328           -
   Principal payments on note payable - affiliate                                     (1,000,000)          -
   Proceeds from non-recourse securitized debt                                              -         5,941,893
   Principal payments on non-recourse securitized debt                                (8,508,318)    (2,197,059)
   Cash distributions to partners                                                     (1,039,114)    (1,041,316)
   Redemption of limited partnership units`                                               (8,800)       (14,173)
                                                                                   -------------  -------------

         Net cash provided by (used in) financing activities                          (2,775,904)     2,689,345
                                                                                   -------------  -------------

Net decrease in cash                                                                  (3,067,166)    (2,050,570)

Cash at beginning of period                                                            4,821,624      8,981,950
                                                                                   -------------  -------------

Cash at end of period                                                              $   1,754,458  $   6,931,380
                                                                                   =============  =============
</TABLE>

See accompanying notes to consolidated financial statements.


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)

                Consolidated Statements of Cash Flows (continued)

Supplemental Disclosures of Cash Flow Information

   For the three  months  ended  March 31,  1997 and 1996,  non-cash  activities
included the following:
<TABLE>


                                                                                       1997            1996
                                                                                       ----            ----

Principal and interest on direct finance
   receivables paid directly to
<S>                                                                              <C>             <C>           
   lenders by lessees                                                            $    2,895,846  $    8,022,035
Principal and interest on non-recourse
   financing paid directly to lenders by lessees                                     (2,895,846)     (8,022,035)
Decrease in investments in finance leases and financings
   due to contribution to joint venture                                               5,575,104             -
Increase in equity investment in joint venture                                       (5,575,104)            -
Non-recourse notes payable assumed
   in purchase price                                                                    186,715      10,579,054
Fair value of equipment and receivables
 purchased for debt and payables                                                       (186,715)    (10,579,054)
                                                                                 --------------  --------------

                                                                                 $        -      $       -
                                                                                 ==============  =========
</TABLE>

      Interest  expense of $665,728  and  $1,180,959  for the three months ended
March 31, 1997 and 1996 consisted of: interest expense on non-recourse financing
accrued or paid  directly  to lenders by  lessees of  $349,836  and  $1,008,305,
respectively,  interest  expense on recourse  financing  of $238,152  and $0 and
other interest of $77,740 and $172,654, respectively.


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)

                   Notes to Consolidated Financial Statements

                                 March 31, 1997

                                   (unaudited)

1.    Basis of Presentation

      The consolidated  financial statements of ICON Cash Flow Partners L.P. Six
(the  "Partnership") have been prepared pursuant to the rules and regulations of
the  Securities  and  Exchange  Commission  (the  "SEC")  and, in the opinion of
management,  include  all  adjustments  (consisting  only  of  normal  recurring
accruals)  necessary  for a fair  statement  of income  for each  period  shown.
Certain information and footnote  disclosures  normally included in consolidated
financial  statements  prepared in accordance with generally accepted accounting
principles  have  been  condensed  or  omitted  pursuant  to such SEC  rules and
regulations.  Management believes that the disclosures made are adequate to make
the information  represented not misleading.  The results for the interim period
are  not  necessarily  indicative  of the  results  for  the  full  year.  These
consolidated  financial  statements  should  be read  in  conjunction  with  the
consolidated  financial  statements and notes included in the Partnership's 1996
Annual Report on Form 10-K.

2.    Net Investment in Leveraged Lease

       In September 1996 the Partnership acquired, subject to a leveraged lease,
the residual interest in an aircraft.  The aircraft is an A-300B4-203  currently
on lease to Airbus. The purchase price was $19,595,956, consisting of $1,409,839
in  cash,  the  assumption  of  non-recourse  senior  debt  of  $12,495,956  and
non-recourse junior debt of $5,590,161.

The net investment in the leveraged leases as of March 31, 1997 consisted of the
following:

Non-cancelable minimum rents receivable (net of principal and
  interest on non-recourse debt)                              $        -
Estimated unguaranteed residual values                             4,000,000
Initial direct costs                                                 504,448
Unearned income                                                   (2,363,807)
                                                              --------------
                                                              $    2,140,641

       The  non-cancelable  rents are being paid  directly to the lenders by the
lessees to satisfy the principal and interest on the non-recourse debt assumed.

       Prior to the  acquisition,  the free  cash  flow  (rent in  excess of the
senior debt payments or junior debt) was financed by an affiliated  partnership,
ICON Cash Flow  Partners,  L.P.,  Series E. On January 29, 1997 the  Partnership
re-financed the junior debt with a third party.

3.    Redemption of Limited Partnership Units

      The General  Partner  consented to the  Partnership  redeeming 125 limited
partnership  units during 1997. The redemption  amount was calculated  following
the specified  redemption  formula as per the  Partnership  agreement.  Redeemed
units have no voting rights and do not share in  distributions.  The Partnership
agreement  limits the number of units  which can be redeemed in any one year and
redeemed  units may not be  reissued.  Redeemed  limited  partnership  units are
accounted for as a deduction from partners equity.


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)

             Notes to Consolidated Financial Statements (continued)

4.    Investment in Joint Ventures

      The  Partnership  Agreement  allows  the  Partnership  to  invest in joint
ventures  with other  limited  partnerships  sponsored  by the  General  Partner
provided that the  investment  objectives of the joint  ventures are  consistent
with that of the Partnership.

      ICON Asset Acquisition LLC

      On February 3, 1995 the  Partnership  and two  affiliates,  ICON Cash Flow
Partners, L.P., Series B ("Series B"), and ICON Cash Flow Partners, L.P., Series
C ("Series C") formed ICON Asset  Acquisition  L.L.C. I ("ICON Asset Acquisition
LLC") as a special purpose limited liability company. ICON Asset Acquisition LLC
was formed for the purpose of acquiring,  managing and  securitizing a portfolio
of leases. The Partnership, Series B and Series C contributed $8,700,000 (77.68%
interest),   $1,000,000  (8.93%  interest)  and  $1,500,000  (13.39%  interest),
respectively,  to ICON Asset  Acquisition  LLC. On February 17, 1995, ICON Asset
Acquisition LLC purchased an existing portfolio of leases. The purchase price of
the portfolio  totaled  $27,854,266,  and the underlying  equipment  consists of
graphic  arts  and  printing  equipment.   On  September  5,  1995,  ICON  Asset
Acquisition  LLC securitized  substantially  all of its portfolio and became the
beneficial  owner of a trust and the  Prudential  Insurance  Company  of America
("Prudential")  the  lender to the  trust.  On  January  28,  1997,  ICON  Asset
Acquisition LLC re-financed its outstanding  $7,780,000 obligation to Prudential
with proceeds it received from a loan from ICON Cash Flow Partners, L.P., Series
E ("Series E"), an affiliate of the Partnership.  The loan is short-term, and is
expected to be  re-financed  by June 30,  1997.  ICON Asset  Acquisition  LLC is
charged an  interest  rate that is equal to Series  E's cost of funds,  which is
approximately 8.0%.

      The Partnership's  consolidated  financial  statements include 100% of the
accounts of ICON Asset  Acquisition LLC with the affiliates'  share reflected as
"Minority interests in joint ventures."

      ICON Cash Flow LLC I

      In  September  1994 the  Partnership  and an  affiliate,  ICON  Cash  Flow
Partners,  L.P.,  Series E ("Series E"), formed a joint venture,  ICON Cash Flow
Partners  L.L.C.  I ("ICON Cash Flow LLC I"), for the purpose of  acquiring  and
managing an aircraft currently on lease to Alaska Airlines, Inc. The Partnership
and Series E contributed  1% and 99% of the cash required for such  acquisition,
respectively,  to ICON  Cash  Flow LLC I.  ICON  Cash  Flow LLC I  acquired  the
aircraft,  assuming non-recourse debt and utilizing  contributions received from
the Partnership and Series E. The lease is an operating lease. Profits,  losses,
excess cash and disposition proceeds are allocated 1% to the Partnership and 99%
to Series E. The General  Partner  manages and controls the business  affairs of
both the  Partnership  and Series E. As a result of this common  control and the
Partnership's  ability to influence  the  activities of the joint  venture,  the
Partnership's investment in the joint


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)

             Notes to Consolidated Financial Statements (continued)

venture  is  accounted  for  under  the  equity  method.  Information  as to the
financial  position and results of  operations of ICON Cash Flow LLC I as of and
for the three months ended March 31, 1997 is summarized below:

                                              March 31, 1997

             Assets                         $     18,117,350
                                            ================

             Liabilities                    $     13,197,112
                                            ================

             Equity                         $      4,920,238
                                            ================

                                           Three Months Ended
                                             March 31, 1997

             Net income                     $        175,346
                                            ================

     ICON Cash Flow LLC II

     In March 1995 the  Partnership  and an affiliate,  ICON Cash Flow Partners,
L.P.,  Series E ("Series E"),  formed a joint  venture,  ICON Cash Flow Partners
L.L.C.  II ("ICON Cash Flow LLC II"),  for the purpose of acquiring and managing
an aircraft  currently on lease to Alaska  Airlines,  Inc. The  Partnership  and
Series E  contributed  99% and 1% of the  cash  required  for such  acquisition,
respectively,  to ICON Cash Flow LLC II.  ICON  Cash  Flow LLC II  acquired  the
aircraft,  assuming non-recourse debt and utilizing  contributions received from
the Partnership and Series E. The lease is an operating lease. Profits,  losses,
excess cash and disposition proceeds are allocated 99% to the Partnership and 1%
to Series E. The Partnership's consolidated financial statements include 100% of
ICON Cash Flow LLC II.  Series E's  investment in ICON Cash Flow LLC II has been
reflected as "Minority interest in joint venture."

ICON Receivables 1997-A LLC

     On March 11,  1997,  the  Partnership  and two  affiliates,  ICON Cash Flow
Partners,  L.P., Series D and ICON Cash Flow Partners L.P. Seven,  (collectively
"the Members"),  contributed and assigned $6,712,631,  $5,794,273 and $6,582,150
in equipment  lease and finance  receivables and residuals with a net book value
of  $5,553,962,  $4,874,857 and  $5,465,238,  respectively  to ICON  Receivables
1997-A LLC  ("1997-A"),  a special  purpose entity  created by the Members.  The
Members received a 34.94%, 30.67% and 34.39% interest,  respectively,  in 1997-A
based on the present value of their related contributions. 1997-A was formed for
the purpose of originating new leases, managing existing contributed assets and,
eventually,  securitizing its portfolio. In order to fund the acquisition of new
leases,   1997-A  obtained  a  warehouse   borrowing  facility  from  Prudential
Securities Credit  Corporation (the  "Facility").  Borrowings under the Facility
are  based  on the  present  value  of the  new  leases,  provided  that  in the
aggregate, the amount outstanding cannot exceed $20,000,000. Outstanding amounts
under the  Facility  bear  interest  equal to Libor  plus 1.5%.  Collections  of
receivables from new leases are used to pay down the Facility,  however,  in the
event of a default,  all of 1997- A's assets are available to cure such default.
The net proceeds from the expected  securitization  of these assets will be used
to pay-off the remaining  Facility  balance and the  remaining  proceeds will be
distributed to the Members in accordance with their  membership  interests.  The
Partnership accounts for its investment in 1997- A under the equity method.


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)

             Notes to Consolidated Financial Statements (continued)


      Information  as to the  financial  position and results of  operations  of
1997-A as of and for the quarter ended March 31, 1997 is summarized below:

                                                March 31, 1997

                Assets                        $      23,430,264
                                              =================

                Liabilities                   $       7,475,691
                                              =================

                Equity                        $      15,954,573
                                              =================

                                             Three Months Ended
                                               March 31, 1997

                Net income                    $          60,516
                                              =================

5.    Related Party Transactions

      Fees and other expenses paid or accrued by the  Partnership to the General
Partner or its affiliates for the three months ended March 31, 1997 and 1996 are
as follows:

                                      1997               1996
                                      ----               ----

     Management fees            $  267,846    $   489,485  Charged to Operations
     Acquisition fees                -            372,089  Capitalized
     Administrative expense
       reimbursements              133,007        225,277  Charged to Operations
                                ----------    -----------

     Total                      $  400,853    $ 1,086,851
                                ==========    ===========

       The  Partnership  has  investments  in four  joint  ventures  with  other
Partnerships  sponsored  by the  General  Partner  (See  Note  4 for  additional
information relating to the joint ventures).

     Prior to the Partnership  acquiring its investment in leveraged leases (see
Note 2), the related  free cash flow was  financed  by ICON Cash Flow  Partners,
L.P.,  Series E, an  affiliate  of the  Partnership.  On January 29,  1997,  the
Partnership re-financed the junior debt with an unrelated third party.




<PAGE>



                        ICON Cash Flow Partners L.P. Six
                        (A Delaware Limited Partnership)

                                 March 31, 1997

Item 2.  General Partner's Discussion and Analysis of Financial Condition and
         Results of Operations

     The  Partnership's  portfolio  consisted  of a net  investment  in  finance
leases, operating leases, financings,  leveraged leases and equity investment in
joint  venture of 66%,  26%,  5%, 3%, and less than 1% of total  investments  at
March 31,  1997,  respectively,  and 73%,  19%, 0%, 8% and less than 1% of total
investments at March 31, 1996, respectively.

     For the three months ended March 31, 1997 and 1996, the Partnership  leased
or  financed  equipment  with  initial  costs  of  $1,728,312  and  $12,402,972,
respectively,  to 42  and 21  lessees  or  equipment  users,  respectively.  The
weighted  average initial  transaction  term for each year was 33 and 38 months,
respectively.

Results of Operations for the Three Months Ended March 31, 1997 and 1996

     Revenues  for the  three  months  ended  March 31,  1997  were  $1,878,227,
representing  a decrease of $654,980 or 26% from 1996.  The decrease in revenues
was  attributable to a decrease in finance income of $512,943 or 29%, a decrease
in rental income of $201,050 or 33% and a decrease in interest  income and other
of $69,940 or 61%. The decrease in income was partially offset by an increase in
income  from  leveraged  lease of  $86,544,  an  increase  in income from equity
investment in joint  ventures of $21,395 and an increase in net gain on sales or
remarketing  of equipment of $21,104.  The decrease in finance and rental income
resulted from a decrease in the average size of the finance and operating  lease
portfolios  from 1996 to 1997.  Interest  income  and other  decreased  due to a
decrease in the average cash balance from 1996 to 1997. The net gain on sales or
remarketing  of equipment  increased  due to an increase in the number of leases
maturing,  and the underlying equipment being sold or remarketed,  for which the
proceeds  received  were  in  excess  of the  remaining  carrying  value  of the
equipment.  Income  from equity  investment  in joint  ventures  and income from
leveraged lease increased due to the Partnerships  increased investment in these
transactions in December 1996 and March 1997.

     Expenses  for the  three  months  ended  March 31,  1997  were  $1,777,531,
representing  a decrease of $999,340 or 36% from 1996.  The decrease in expenses
was  attributable  to a  decrease  in  interest  expense of  $515,231  or 44%, a
decrease in management  fees of $221,639 or 45%, a decrease in provision for bad
debt of $150,000,  a decrease in general and  administrative  of $101,015 or 60%
and a decrease in administrative  expense and  reimbursements of $92,270 or 41%.
These  increases were partially  offset by an increase in amortization of IDC of
$86,427.  Interest  expense  decreased  due to a decrease  in the  average  debt
outstanding from 1996 to 1997.  Management fees,  general and administrative and
administrative expense reimbursements decreased due to a decrease in the average
size of the  portfolio  from 1996 to 1997 and as the  result of the  Partnership
contributing a portion of its portfolio to a joint venture. Based on an analysis
of delinquency, an assessment of overall risk and historical loss experience, it
was determined that no provision for bad debt was required for the quarter ended
March 31, 1997.

     Net income  (loss) for the three  months  ended March 31, 1997 and 1996 was
$100,696  and  ($243,754),  respectively.  The net income  (loss)  per  weighted
average limited  partnership  unit  outstanding was $.26 and ($.64) for 1997 and
1996, respectively.




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                        ICON Cash Flow Partners L.P. Six
                        (A Delaware Limited Partnership)

                                 March 31, 1997

Liquidity and Capital Resources

     The Partnership's primary sources of funds for the three months ended March
31,  1997 and 1996  were  net  cash  provided  by  operations  of  $427,979  and
$1,690,687,  respectively,  and proceeds from sales of equipment of $821,791 and
$270,677,  respectively.  These funds were used to purchase  equipment,  to fund
cash distributions and to make payments on borrowings.  The Partnership  intends
to continue  to purchase  additional  equipment  and to fund cash  distributions
utilizing cash provided by operations and proceeds from sales of equipment.

     Cash distributions to limited partners for the three months ended March 31,
1996 and 1996,  which were paid  monthly,  totaled  $1,028,723  and  $1,030,903,
respectively,  of which  $99,689 and $0 was  investment  income and $929,034 and
$1,030,903 was a return of capital,  respectively.  The monthly  annualized cash
distribution  rate to limited  partners  was  10.75%,  of which 1.03% and 0% was
investment  income and 9.72% and 10.75% was a return of  capital,  respectively.
The limited partner  distribution  per weighted average unit outstanding in 1997
and 1996 was $2.69 and $2.69, respectively,  of which $.26 and $0 was investment
income and $2.43 and $2.69 was a return of capital, respectively.

     On March 11,  1997,  the  Partnership  and two  affiliates,  ICON Cash Flow
Partners,  L.P., Series D and ICON Cash Flow Partners L.P. Seven,  (collectively
"the Members"),  contributed and assigned $6,712,631,  $5,794,273 and $6,582,150
in equipment  lease and finance  receivables and residuals with a net book value
of  $5,553,962,  $4,874,857 and  $5,465,238,  respectively  to ICON  Receivables
1997-A LLC  ("1997-A"),  a special  purpose entity  created by the Members.  The
Members received a 34.94%, 30.67% and 34.39% interest,  respectively,  in 1997-A
based on the present value of their related contributions. 1997-A was formed for
the purpose of originating new leases, managing existing contributed assets and,
eventually,  securitizing its portfolio. In order to fund the acquisition of new
leases,   1997-A  obtained  a  warehouse   borrowing  facility  from  Prudential
Securities Credit  Corporation (the  "Facility").  Borrowings under the Facility
are  based  on the  present  value  of the  new  leases,  provided  that  in the
aggregate, the amount outstanding cannot exceed $20,000,000. Outstanding amounts
under the  Facility  bear  interest  equal to Libor  plus 1.5%.  Collections  of
receivables from new leases are used to pay down the Facility,  however,  in the
event of a default,  all of 1997- A's assets are available to cure such default.
The net proceeds from the expected  securitization  of these assets will be used
to pay-off the remaining  Facility  balance and the  remaining  proceeds will be
distributed to the Members in accordance with their  membership  interests.  The
Partnership accounts for its investment in 1997- A under the equity method.

     As of March 31, 1997, except as noted above,  there were no known trends or
demands,  commitments,  events or  uncertainties  which  are  likely to have any
material  effect on  liquidity.  As cash is  realized  from  closings of limited
partnership  units,   operations,   sales  of  equipment  and  borrowings,   the
Partnership  will invest in equipment leases and financings where it deems it to
be prudent while retaining  sufficient cash to meet its reserve requirements and
recurring obligations as they become due.


<PAGE>



                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)


PART II - OTHER INFORMATION

Item 6 - Exhibits and Reports on Form 8-K

No reports on Form 8-K were filed during the quarter ended March 31, 1997.



<PAGE>


                        ICON Cash Flow Partners L. P. Six
                        (A Delaware Limited Partnership)



                                   SIGNATURES


     Pursuant to the  requirements  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.

                              ICON Cash Flow Partners L. P. Six
                              File No. 33-44413 (Registrant)
                              By its General Partner,
                              ICON Capital Corp.




May 15, 1997                  Gary N. Silverhardt
-------------                 -------------------------------------------------
    Date                      Gary N. Silverhardt
                              Chief Financial Officer
                              (Principal financial and account officer of
                              the General Partner of the Registrant)




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