TEXTAINER FINANCIAL SERVICES CORPORATION
                        650 California Street, 16th Floor
                             San Francisco, CA 94108


March 20, 2001


Securities and Exchange Commission
Washington, DC  20549

Gentlemen:

Pursuant to the  requirements  of the  Securities  Exchange Act of 1934,  we are
submitting  herewith for filing on behalf of Textainer Equipment Income Fund IV,
L.P. (the  "Partnership")  the Partnership's  Annual Report on Form 10-K for the
fiscal year ended December 31, 2000.

The financial  statements included in the enclosed Annual Report on Form 10-K do
not reflect a change from the  preceding  year in any  accounting  principles or
practices, or in the method of applying any such principles or practices.

This filing is being effected by direct  transmission to the Commission's  EDGAR
System.

Sincerely,

Nadine Forsman
Controller


<PAGE>



                UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                               Washington DC 20549

                                    FORM 10-K

                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 0-21228

                    TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
                    ----------------------------------------
             (Exact name of Registrant as specified in its charter)

          California                                              94-3147432
  (State or other jurisdiction                                  (IRS Employer
of incorporation or organization)                            Identification No.)

  650 California Street, 16th Floor
          San Francisco, CA                                             94108
(Address of Principal Executive Offices)                              (ZIP Code)

               Registrant's telephone number, including area code:
                                 (415) 434-0551

Securities registered pursuant to Section 12(b) of the Act:

                                      NONE

Securities registered pursuant to Section 12(g) of the Act:

                            LIMITED PARTNER INTERESTS
                                (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  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.
[ X ]

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 ]

State the aggregate  market value of the voting stock held by  nonaffiliates  of
the Registrant. The aggregate market value shall be computed by reference to the
price at which the stock was sold,  or the  average  bid and ask  prices of such
stock, as of a specified date within 60 days prior to the date of the filing.

Not Applicable.
---------------

Documents Incorporated by Reference

The Registrant's Prospectus as contained in Pre-Effective Amendment No. 2 to the
Registrant's  Registration  Statement, as filed with the Commission on April 10,
1992,  as  supplemented  by  Post-Effective  Amendment  No.  3 filed  under  The
Securities Act of 1933 on May 25, 1993 and as  supplemented  by Supplement No. 8
as filed under Rule 424(b) of the Securities Act of 1933 on March 1, 1994.


<PAGE>

                                     PART I

ITEM 1.  DESCRIPTION OF BUSINESS

For more detailed information about the Registrant's  business, see "Business of
the Partnership" in the Registrant's Prospectus as supplemented.

(a)      General Development of Business

         The Registrant is a California  Limited  Partnership  formed on October
         30, 1991 to purchase,  own, operate,  lease, and sell equipment used in
         the containerized  cargo shipping  industry.  The Registrant  commenced
         offering units representing  limited  partnership  interests (Units) to
         the  public  on April  30,  1992 in  accordance  with its  Registration
         Statement  and  ceased to offer such  Units as of April 30,  1994.  The
         Registrant  raised  a total  of  $136,918,060  from  the  offering  and
         invested a substantial  portion of the money raised in  equipment.  The
         Registrant has since engaged in leasing this and other equipment in the
         international shipping industry.

         See  Item 10  herein  for a  description  of the  Registrant's  General
         Partners.  See  Item 7  herein  for a  description  of  current  market
         conditions affecting the Registrant's business.

(b)      Financial Information About Industry Segments

         Inapplicable.

(c)      Narrative Description of Business

(c)(1)(i)         A container  leasing  company  generally,  and the  Registrant
                  specifically,  is an operating business comparable to a rental
                  car  business.  A customer can lease a car from a bank leasing
                  department for a monthly  charge which  represents the cost of
                  the car, plus interest,  amortized over the term of the lease;
                  or the  customer  can rent  the  same  car  from a rental  car
                  company at a much higher  daily lease  rate.  The  customer is
                  willing to pay the higher daily rate for the  convenience  and
                  value-added  features provided by the rental car company,  the
                  most  important  of  which is the  ability  to pick up the car
                  where it is most convenient,  use it for the desired period of
                  time,  and then drop it off at a  location  convenient  to the
                  customer. Rental car companies compete with one another on the
                  basis of lease rates,  availability of cars, and the provision
                  of additional services.  They generate revenues by maintaining
                  the highest  lease rates and the highest  utilization  factors
                  that market  conditions  will allow,  and by  augmenting  this
                  income with proceeds from sales of insurance,  drop-off  fees,
                  and  other  special  charges.  A  large  percentage  of  lease
                  revenues  earned by car rental  companies are generated  under
                  corporate  rate  agreements  wherein,  for a stated  period of
                  time,  employees of a participating  corporation can rent cars
                  at specific terms, conditions and rental rates.

                  Container  leasing  companies and the Registrant  operate in a
                  similar  manner  by owning a  worldwide  fleet of new and used
                  transportation  containers  and leasing  these  containers  to
                  international  shipping  companies  hauling  various  types of
                  goods among  numerous  trade  routes.  All lessees pay a daily
                  rental rate and in certain  markets  may pay special  handling
                  fees and/or  drop-off  charges.  In addition to these fees and
                  charges,  a lessee must  either  provide  physical  damage and
                  liability  insurance  or  purchase  a damage  waiver  from the
                  Registrant,  in which  case the  Registrant  agrees to pay the
                  cost of repairing any physical damage to containers  caused by
                  lessees.  Container leasing companies compete with one another
                  on the basis of lease rates,  availability  of  equipment  and
                  services provided.  To ensure the availability of equipment to
                  its customers,  container leasing companies and the Registrant
                  may pay to reposition  containers from low demand locations to
                  higher  demand  locations.  By  maintaining  the highest lease
                  rates and the highest equipment utilization factors allowed by
                  market conditions, the Registrant attempts to generate revenue
                  and profit.  The  majority of the  Registrant's  equipment  is
                  leased  under  master  leases,  which  are  comparable  to the
                  corporate rate  agreements  used by rental car companies.  The
                  master leases provide that the lessee,  for a specified period
                  of time, may rent containers at specific terms, conditions and
                  rental rates. Although the terms of the master lease governing
                  each  container  under  lease  do  not  vary,  the  number  of
                  containers  in use can vary from time to time  within the term
                  of the master  lease.  The terms and  conditions of the master
                  lease provide that the lessee pays a daily rental rate for the
                  entire time the container is in his possession (whether or not
                  he is actively using it), is responsible  for any damage,  and
                  must  insure the  container  against  liabilities.  For a more
                  detailed   discussion  of  the  leases  for  the  Registrant's
                  equipment,   see  "Leasing  Policy"  under  "Business  of  the
                  Partnership" in the  Registrant's  Prospectus as supplemented.
                  The  Registrant  also  sells  containers  in the course of its
                  business as opportunities arise, at the end of the container's
                  useful life or if market and economic considerations indicated
                  that a sale  would  be  beneficial.  See  Item  7  herein  and
                  "Business of the Partnership" in Registrant's  Prospectus,  as
                  supplemented.

(c)(1)(ii)        Inapplicable.

(c)(1)(iii)       Inapplicable.

(c)(1)(iv)        Inapplicable.

(c)(1)(v)         Inapplicable.

(c)(1)(vi)        Inapplicable.

(c)(1)(vii)       No single lessee  generated  lease revenue for the years ended
                  December 31, 2000,  1999 and 1998 which was 10% or more of the
                  total revenue of the Registrant.

(c)(1)(viii)      Inapplicable.

(c)(1)(ix)        Inapplicable.

(c)(1)(x)         There are  approximately  80  container  leasing  companies of
                  which  the  top ten  control  approximately  89% of the  total
                  equipment held by all container leasing companies. The top two
                  container leasing companies combined control approximately 34%
                  of  the  total   equipment  held  by  all  container   leasing
                  companies.   Textainer   Equipment   Management   Limited,  an
                  Associate General Partner of the Registrant and the manager of
                  its marine container equipment, is the third largest container
                  leasing company and manages approximately 13% of the equipment
                  held by all  container  leasing  companies.  The customers for
                  leased containers are primarily  international shipping lines.
                  The  Registrant  alone is not a  material  participant  in the
                  worldwide  container leasing market.  The principal methods of
                  competition  are  price,  availability  and the  provision  of
                  worldwide  service to the  international  shipping  community.
                  Competition in the container leasing market has increased over
                  the past few years.  Since 1996,  shipping alliances and other
                  operational  consolidations  among shipping lines have allowed
                  shipping  lines  to begin  operating  with  fewer  containers,
                  thereby  decreasing  the  demand  for  leased  containers  and
                  allowing lessees to gain concessions from lessors about price,
                  special  charges or credits and, in certain  markets,  the age
                  specification of the containers rented. Furthermore, primarily
                  as a result of lower new  container  prices  and low  interest
                  rates,  shipping  lines now own,  rather than lease,  a higher
                  percentage of containers. The decrease in demand from shipping
                  lines, along with the entry of new leasing company competitors
                  offering low container rental rates, has increased competition
                  among container lessors such as the Registrant.

(c)(1)(xi)        Inapplicable.

(c)(1)(xii)       Inapplicable.

(c)(1)(xiii)      The Registrant has no employees.  Textainer Financial Services
                  Corporation  (TFS),  a wholly  owned  subsidiary  of Textainer
                  Capital Corporation (TCC), the Managing General Partner of the
                  Registrant,  is responsible for the overall  management of the
                  business  of the  Registrant  and at  December  31, 2000 had 4
                  employees.  Textainer  Equipment  Management Limited (TEM), an
                  Associate  General Partner,  is responsible for the management
                  of the leasing  operations of the  Registrant  and at December
                  31, 2000 had a total of 164 employees.

(d)      Financial  Information about Foreign and Domestic Operations and Export
         Sales.

         The  Registrant  is involved in the leasing of shipping  containers  to
         international   shipping   companies   for  use  in  world   trade  and
         approximately  14%,  15% and  21% of the  Registrant's  rental  revenue
         during the years ended December 31, 2000, 1999 and 1998,  respectively,
         was derived from operations sourced or terminated  domestically.  These
         percentages do not reflect the proportion of the  Partnership's  income
         from  operations  generated  domestically  or  in  domestic  waterways.
         Substantially  all of  the  Partnership's  income  from  operations  is
         derived from assets  employed in foreign  operations.  See "Business of
         the Partnership" in the Registrant's Prospectus,  as supplemented,  and
         for a discussion  of the risks of leasing  containers  for use in world
         trade,  see "Risk  Factors and  Forward-Looking  Statements"  in Item 7
         herein.
<PAGE>

ITEM 2.      PROPERTIES

As of December 31, 2000, the Registrant owned the following types and quantities
of equipment:

         20-foot standard dry freight containers                          11,884
         40-foot standard dry freight containers                          14,209
         40-foot high cube dry freight containers                          6,969
                                                                          ------
                                                                          33,062
                                                                          ======

During  December 2000,  approximately  74% of these  containers were on lease to
international shipping companies, and the balance were being stored at container
manufacturers'  locations  and at a  large  number  of  storage  depots  located
worldwide. The Partnership sells containers when (i) a container reaches the end
of its useful  life or (ii) an  analysis  indicates  that the sale is  warranted
based on existing  market  conditions  and the  container's  age,  location  and
condition. At December 31, 2000, less than 1% of the Partnership's equipment had
been identified as being for sale.

For  information  about  the  Registrant's   property,   see  "Business  of  the
Partnership" and "Risk Factors" in the Registrant's Prospectus, as supplemented.
See also Item 7, "Results of Operations" regarding current, and possible future,
write-downs of some of the Registrant's property.

ITEM 3.      LEGAL PROCEEDINGS

The Registrant is not subject to any legal proceedings.

ITEM 4.      SUBMISSION OF MATTERS TO A VOTE OF SECURITIES HOLDERS

Inapplicable.
                                     PART II

ITEM 5.       MARKET FOR THE REGISTRANT'S  COMMON EQUITY AND RELATED STOCKHOLDER
              MATTERS

ITEM 201:
(a)      Market Information.

(a)(1)(i)         The Registrant's  limited  partnership  Units are not publicly
                  traded  and there is no  established  trading  market for such
                  Units.  The Registrant has a program whereby limited  partners
                  may redeem Units for a specified redemption price. The program
                  operates only when the Managing  General  Partner  determines,
                  among other matters,  that payment for redeemed units will not
                  impair the capital or operations of the Registrant.

(a)(1)(ii)        Inapplicable.

(a)(1)(iii)       Inapplicable.

(a)(1)(iv)        Inapplicable.

(a)(1)(v)         Inapplicable.

(a)(2)            Inapplicable.

(b)      Holders.

(b)(1)             As of January 1, 2001,  there were 7,978 holders of record of
                   limited partnership interests in the Registrant.

(b)(2)            Inapplicable.

(c)      Dividends.

                  Inapplicable.

At December 31, 2000 the  Registrant was paying  distributions  at an annualized
rate  equal to 7% of a Unit's  initial  cost,  or $1.40 per Unit per  year.  For
information  about the amount of distributions  paid during the five most recent
fiscal years,  see Item 6, "Selected  Financial  Data."  Distributions  are made
monthly by the Registrant to its limited partners.

ITEM 701:         Inapplicable.
<PAGE>

ITEM 6.      SELECTED FINANCIAL DATA

<TABLE>
<CAPTION>
                                                         (Amounts in thousands except for per unit amounts)
                                                                       Year Ended December 31,
                                               ------------------------------------------------------------------------
                                                      2000          1999          1998           1997           1996
                                                      ----          ----          ----           ----           ----
<S>                                                  <C>            <C>           <C>            <C>            <C>

Rental income...........................          $  17,525     $  17,256      $  21,505      $  21,297     $  23,664

Income from operations..................          $   2,961     $     434      $   4,916      $   5,684     $   8,240

Net earnings............................          $   3,182     $     567      $   5,011      $   5,750     $   8,329

Net earnings per unit of
  limited partner interest..............          $    0.45     $    0.07      $    0.72      $    0.82     $    1.20

Distributions per unit of
  limited partner interest..............          $    1.40     $    1.68      $    1.81      $    1.90     $    2.07

Distributions per unit of limited
   partnership interest representing
   a return of capital..................          $    0.95     $    1.61      $    1.09      $    1.08     $    0.87

Total assets............................          $  70,983     $  76,714      $  87,508      $  96,204     $ 104,029

Intercompany borrowings for
   container purchases..................          $       -     $       -      $       -      $     826    $        -
</TABLE>
<PAGE>

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

           (Amounts in thousands except for unit and per unit amounts)

The Financial  Statements contain information that will assist in evaluating the
financial  condition of the  Partnership  for the years ended December 31, 2000,
1999 and 1998.  Please refer to the  Financial  Statements  and Notes thereto in
connection with the following discussion.

Liquidity and Capital Resources

From  May 1,  1992  until  April  30,  1994,  the  Partnership  offered  limited
partnership  interests  to the  public.  The  Partnership  received  its minimum
subscription  amount  of  $5,000  on June 11,  1992 and on  April  30,  1994 the
Partnership had received a total subscription amount of $136,918.

From time to time,  the  Partnership  redeems units from limited  partners for a
specified  redemption  value,  which  is  set  by  formula.  Up  to  2%  of  the
Partnership's outstanding units may be redeemed each year, although the 2% limit
may be exceeded at the Managing General  Partner's  discretion.  All redemptions
are subject to the Managing  General  Partner's  good faith  determination  that
payment for the redeemed units will not (i) cause the Partnership to be taxed as
a  corporation,  (ii) impair the capital or  operations of the  Partnership,  or
(iii) impair the ability of the Partnership to pay  distributions  in accordance
with its  distribution  policy.  During the year ended  December 31,  2000,  the
Partnership  redeemed  51,662  units  for a total  dollar  amount  of $439.  The
Partnership used cash flow from operations to pay for the redeemed units.

The Partnership invests working capital,  cash flow from operations prior to its
distribution  to the partners and proceeds  from  container  sales that have not
been  used  to  purchase  containers  in  short-term,  liquid  investments.  The
Partnership's  cash is  affected  by  cash  provided  by or  used in  operating,
investing and financing  activities.  These  activities  are discussed in detail
below.

Limited partners are currently receiving monthly  distributions in an annualized
amount equal to 7% of their original investment.  During the year ended December
31, 2000,  the  Partnership  declared  cash  distributions  to limited  partners
pertaining to the period from December 1999 through November 2000, in the amount
of $9,492.  On a cash basis, all of these  distributions  were from current year
operating  activities.  On a GAAP  basis,  $6,410 of these  distributions  was a
return of capital and the balance was from net earnings.

At December 31, 2000, the Partnership had no commitments to purchase containers.

Net cash provided by operating  activities for the years ended December 31, 2000
and 1999 was $10,964 and $9,338,  respectively.  The  increase of $1,626 or 17%,
was primarily attributable to an increase in net earnings, adjusted for non-cash
transactions and fluctuations in accounts receivable,  offset by fluctuations in
accrued  damage  protection  plan costs.  Net  earnings,  adjusted  for non-cash
transactions,  increased  primarily  due to the  decrease  in  direct  container
expenses and the increase in rental income. These items are discussed more fully
in "Results of  Operations".  The decrease in accounts  receivable of $1,047 for
the year ended  December  31,  2000,  was  primarily  due to the decrease in the
average  collection  period of  accounts  receivable.  The  decrease in accounts
receivable  of $341 for the  comparable  period in 1999 was primarily due to the
decline in rental income, offset by an increase in the average collection period
of accounts receivable. The decrease in accrued damage protection plan costs for
the year ended December 31, 2000, was due to a decrease in the average estimated
repair cost per  container  and a decrease in the number of  containers  covered
under the damage protection plan.

For the year ended December 31, 2000, net cash used in investing activities (the
purchase  and sale of  containers)  was $403  compared  to net cash  provided by
investing  activities of $2,474 for the same period in 1999. The increase in net
cash used in investing  activities of $2,877 was due to the decrease in proceeds
from container sales and an increase in cash used for container purchases.  Cash
used  for   container   purchases   increased  as  the   Partnership   purchased
significantly  more containers during the year ended December 31, 2000, than the
same period in 1999.  The  General  Partners  believe  that the  fluctuation  in
container purchases reflects normal fluctuations in recent container  purchases.
The  decrease  in  proceeds  from  container  sales  was  primarily  due  to the
Partnership  selling fewer  containers  during the year ended December 31, 2000,
than in the  comparable  period in 1999. The  Partnership  has continued to sell
containers  in  low  demand   locations   (described  below  under  "Results  of
Operations"); however there were fewer low demand locations and fewer containers
in these  locations,  primarily  as a result of previous  sales  efforts,  which
resulted in the decline in the number of  containers  sold.  Although  the sales
prices received on container sales during 2000 increased slightly as compared to
1999,  these sales prices are lower than sales prices received in previous years
as a result of current  market  conditions,  which have  adversely  affected the
value  of  used  containers.  Until  conditions  improve  in  these  low  demand
locations,  the Partnership  plans to continue to sell some of its containers in
these  locations.  The amount of these sales  proceeds  will affect how much the
Partnership can reinvest in new containers.

Consistent  with its  investment  objectives  and  subject  to its  distribution
policy,  the  Partnership  intends  to  continue  to  reinvest  both  cash  from
operations  available for reinvestment and all, or a significant  amount of, the
proceeds from container  sales in additional  containers.  Cash from  operations
available  for  reinvestment  is generally  equal to cash  provided by operating
activities,  less  distributions  and redemptions paid, which are subject to the
General  Partners'  authority  to set these  amounts  (and modify  reserves  and
working capital), as provided in the Partnership Agreement.  The amount of sales
proceeds  available  for  reinvestment  will  fluctuate  based on the  number of
containers sold and the sales price received.  The Partnership  sells containers
when (i) a  container  reaches  the end of its useful  life or (ii) an  analysis
indicates that the sale is warranted based on existing market conditions and the
container's age, location and condition.

The rate of reinvestment is also affected by cash from operations  available for
reinvestment  which, like sales proceeds,  has been adversely affected by market
conditions.  These market  conditions have resulted in a slower than anticipated
rate of reinvestment.  Market conditions are discussed more fully under "Results
of Operations." A slower rate of reinvestment  will, over time,  affect the size
of the Partnership's container fleet. Furthermore,  even with reinvestment,  the
Partnership  is not likely to be able to replace  all the  containers  it sells,
since new container prices are usually higher than the average sales price for a
used container.

Results of Operations

The  Partnership's  income from operations,  which consists  primarily of rental
income, container depreciation,  direct container expenses, management fees, and
reimbursement of administrative expenses was directly related to the size of the
container fleet during the years ended December 31, 2000, 1999 and 1998, as well
as certain other factors as discussed  below.  The following is a summary of the
container fleet (in units) available for lease during those periods:

                                                   2000        1999        1998
                                                   ----        ----        ----

     Beginning container fleet...............     32,876      34,661      36,409
     Ending container fleet..................     33,062      32,876      34,661
     Average container fleet.................     32,969      33,769      35,535


The average  container  fleet  decreased 2% and 5% from the years ended December
31, 1999 to 2000 and from December 31, 1998 to 1999, respectively, primarily due
to  sales  of  containers.  Generally,  sales  proceeds  are  used  to  purchase
additional  containers,  however,  fewer  containers  are  bought  than  sold as
container sales prices are lower than new container  prices.  The  Partnership's
primary  source  of funds  for  container  purchases  is these  sales  proceeds.
Additionally,  the rate of decline in average  fleet size will  fluctuate due to
timing  differences in the purchase and sale of containers and  fluctuations  in
container  sale and purchase  prices during these  periods.  The increase in the
container  fleet during the year ended  December 31, 2000,  was primarily due to
these timing differences.

As noted above,  when containers are sold in the future,  sales proceeds are not
likely to be sufficient to replace all of the containers sold,  resulting in the
continuing  decline in the average  container  fleet.  This trend is expected to
continue.  Other factors related to this trend are discussed above in "Liquidity
and Capital Resources".

Rental income and direct container expenses are also affected by the utilization
of the container  fleet,  which was 77%, 71% and 79% on average during the years
ended December 31, 2000, 1999 and 1998, respectively. In addition, rental income
is affected by daily rental rates,  which have decreased  between the periods as
discussed below.

The  following is a comparative  analysis of the results of  operations  for the
years ended December 31, 2000, 1999 and 1998.

The  Partnership's  income from operations for the years ended December 31, 2000
and 1999 was  $2,961 and $434  respectively,  on rental  income of  $17,525  and
$17,256,  respectively.  The increase in rental  income of $269, or 2%, from the
year ended December 31, 1999, to the comparable  period in 2000 was attributable
to an increase in container  rental  income offset by a decrease in other rental
income,  which is discussed  below.  Income from  container  rentals,  the major
component of total revenue, increased $620, or 4%, primarily due to the increase
in average on-hire  utilization of 8%, offset by the decreases in average rental
rates of 3%, and in the average container fleet of 2%.

The  Partnership's  income from operations for the years ended December 31, 1999
and 1998 was $434 and  $4,916,  respectively,  on rental  income of $17,256  and
$21,505, respectively. The decrease in rental income of $4,249, or 20%, from the
year  ended  December  31,  1998,  to the year  ended  December  31,  1999,  was
attributable  to decreases in container  rental income and other rental  income,
which is discussed below.  Income from container  rentals  decreased  $3,521, or
19%,  primarily due to the decreases in the average on-hire  utilization of 10%,
the average container fleet of 5% and average rental rates of 4%.

The  improvement in  utilization,  which began in the third quarter of 1999, was
due to  improvements  in demand for leased  containers and in the trade balance,
primarily  as a result of the  improvement  in  certain  Asian  economies  and a
related increase in exports out of Europe.  This improvement in demand,  coupled
with  container  lessors'  efforts  to  sell  older  containers  in  low  demand
locations, has also reduced the container surplus.

However, the trade imbalance between Asia and North America still exists, and as
a consequence,  the build-up of  containers,  primarily on the East Coast of the
United States,  persists.  The Partnership has been unable to reposition a large
number of newer  containers to higher demand  locations in Asia,  due to lack of
available vessel capacity from the United States East Coast ports.

As a result,  the Partnership  continues to sell some containers  located in low
demand  locations.  The  decision  to sell  containers  is based on the  current
expectation  that the economic  benefit of selling  these  containers is greater
than the estimated  economic benefit of continuing to own these containers.  The
majority of the containers sold during 1999 and 2000 were older containers.  The
expected  economic  benefit of continuing to own these older containers was less
than that of newer  containers  primarily due to their shorter  remaining marine
life, the cost to reposition  containers and the shipping lines'  preference for
leasing newer containers when they are available.

Once the decision had been made to sell  containers,  if the book value of these
containers was greater than the estimated fair value, the Partnership wrote down
the value of these  specifically  identified  containers to their estimated fair
value, which was based on recent sales prices. Due to unanticipated  declines in
container  sales prices  during 1999,  the actual sales prices  received on some
containers were lower than the estimates used for the  write-down,  resulting in
the  Partnership  incurring  losses  upon the sale of some of these  containers.
Until demand for leased containers  improves,  the Partnership may incur further
write-downs and/or losses on the sale of such containers.  Should the decline in
economic  value of continuing to own such  containers  turn out to be permanent,
the Partnership may be required to increase its depreciation  rate or write-down
the value on some or all of its container rental equipment.

The decline in the purchase price of new  containers  and the container  surplus
mentioned  above have  resulted in the decline in rental rates in recent  years.
However,  as a result of the improvement in demand and increases in the purchase
price of new containers in 2000, rental rates remained stable during 2000.

In the fourth quarter of 2000, utilization began to decline and has continued to
decline  into the  beginning  of 2001.  This  decline was  primarily  due to the
slowing United States economy and the resulting  decline in exports out of Asia.
The General Partners caution that utilization  could continue to decline in 2001
if these conditions  persist and demand for leased  containers does not improve.
Despite the decline in  utilization,  rental rates have remained stable into the
beginning of 2001.  New  container  prices  declined in 2001,  and this decline,
combined with the recent  decline in utilization  may have a negative  effect on
rental rates in the future.

Substantially  all of the  Partnership's  rental income was  generated  from the
leasing of the Partnership's containers under master operating leases.

Other rental income consists of other lease-related items, primarily income from
charges to lessees for dropping off containers in surplus locations less credits
granted to lessees for  leasing  containers  from  surplus  locations  (location
income),  income  from  charges to lessees for  handling  related to leasing and
returning  containers (handling income) and income from charges to lessees for a
Damage Protection Plan (DPP). For the year ended December 31, 2000, other rental
income was $1,734,  a decrease of $351 from the  equivalent  period in 1999. The
decrease was primarily due to decreases in location,  DPP and handling income of
$167, $123, and $60,  respectively.  The decline in location income was due to a
decrease in charges to lessees for dropping off containers in certain locations,
offset by a decrease in credits  granted to lessees  for  picking up  containers
from  surplus  locations.  The  decline  in DPP income  was  primarily  due to a
decrease  in the  average  DPP price  charged  per  container.  Handling  income
declined primarily due to the decline in container movement.

For the year ended December 31, 1999, other rental income was $2,085, a decrease
of $728 from the year ended  December 31, 1998.  This decrease was primarily due
to decreases in location  and  handling  income of $638 and $107,  respectively.
Location income decreased  primarily due to a decrease in charges to lessees for
dropping off containers in certain locations and an increase in credits given to
lessees  for picking up  containers  from  certain  locations.  Handling  income
decreased due to a decrease in the average handling price charged per container,
offset by an increase in container movement.

Direct  container  expenses  decreased $855, or 15% from the year ended December
31, 1999, to the same period in 2000. The decrease was primarily due to declines
in storage,  DPP and  handling  expenses of $691,  $445 and $114,  offset by the
increase in repositioning  expense of $469.  Storage expense declined due to the
improvement  in  utilization  noted above and a lower  average  storage cost per
container. DPP expense declined due to a decrease in the average repair cost per
container.  Handling expense decreased due to the decrease in container movement
and a lower average  handling cost per container.  The increase in repositioning
expense was due to the  increase in the average  cost to  reposition a container
due to the high demand for limited  vessel  capacity,  offset by the decrease in
the number of containers repositioned.

Direct container  expenses  increased $816, or 17%, from the year ended December
31,  1998,  to the same  period  in 1999.  The  increase  was  primarily  due to
increases  in storage and DPP expenses of $513 and $443,  respectively.  Storage
expense  increased  primarily  due to the decrease in average  utilization.  DPP
expense  increased  due to an  increase  in the  average  repair  cost  per  DPP
container and an increase in the number of containers covered under DPP.

Bad debt  (benefit)  expense  was  ($120),  $364 and ($265) for the years  ended
December 31, 2000,  1999 and 1998,  respectively.  The benefit  recorded for the
year ended December 31, 2000, was due to the overall lower required  reserves at
December 31, 2000,  than at December 31, 1999. The effect of insurance  proceeds
received during 1998 relating to certain  receivables against which reserves had
been recorded in the 1994 and 1995, as well as the  resolution of payment issues
with one lessee during 1998, were primarily responsible for the benefit recorded
in 1998 and,  therefore,  the fluctuation in bad debt expense  (benefit) between
1998 and 1999.

Depreciation  expense  decreased  $256,  or 4%, and $395,  or 5%, from the years
ended  December 31, 1999 to 2000,  and December 31, 1998 to 1999,  respectively.
These decreases were primarily due to the decline in the average fleet size.

New  container  prices  steadily  declined  from  1995  through  1999.  Although
container prices increased in 2000, the cost of new containers at year-end 1998,
during 1999 and 2000 was significantly  less than the average cost of containers
purchased in prior years. The Partnership  evaluated the  recoverability  of the
recorded  amount of container  rental  equipment at December 31, 2000,  1999 and
1998 for containers to be held for continued use and determined that a reduction
to the carrying value of these containers was not required. The Partnership also
evaluated the recoverability of the recorded amount of containers identified for
sale in the ordinary  course of business and determined  that a reduction to the
carrying value of these containers was required.  The Partnership wrote down the
value of these  containers  to their  estimated  fair value,  which was based on
recent sales prices less cost to sell. During the years ended December 31, 2000,
1999 and 1998, the Partnership  recorded  write-down  expenses of $249, $475 and
$457,  respectively,  on 344, 746 and 844 containers  identified as for sale and
requiring  a  reserve.  At  December  31,  2000 and 1999,  the net book value of
containers identified as for sale was $259 and $231, respectively.

The Partnership sold 320 of these previously  written down containers for a loss
of $9 during the year ended December 31, 2000, and sold 1,499 previously written
down  containers  for a loss of $193 during the same period in 1999.  During the
year ended  December 31, 1998,  there were no sales of  previously  written down
containers  as the initial  write-down  was recorded at December  31, 1998.  The
Partnership  incurred losses on the sale of some containers  previously  written
down as the actual sales prices received on these containers were lower than the
estimates  used for the  write-downs,  primarily due to  unexpected  declines in
container prices.

The Partnership also sold containers that had not been written down and recorded
losses of $80, $204 and $700 during the years ended December 31, 2000,  1999 and
1998, respectively.

As more  containers are  subsequently  identified for sale or if container sales
prices decline,  the Partnership may incur additional  write-downs on containers
and /or may incur losses on the sale of containers.

Management fees to affiliates decreased $71, or 4%, from the year ended December
31, 1999,  to the  comparable  period in 2000,  due to the decrease in incentive
management fees. Incentive management fees, which are based on the Partnership's
limited and general partner  distributions and initial limited partners' capital
decreased  due  to  (i)  the  decreases  in  the  limited  partner  distribution
percentage from 9% to 8% of partners'  capital in July 1999 and from 8% to 7% of
partners'  capital in October 1999,  and (ii) the decrease in partners'  capital
due to  redemptions of limited  partners'  units during the years ended December
31, 2000 and 1999. Equipment management fees, which are based primarily on gross
revenue,  were  comparable and were  approximately  7% of rental income for both
periods.

Management  fees to  affiliates  decreased  $293,  or 15%,  from the year  ended
December 31, 1998, to the year ended December 31, 1999, due to decreases in both
incentive and equipment  management  fees. The decrease in equipment  management
fees  resulted  primarily  from the decrease in rental  income.  These fees were
approximately  7% of rental income for both periods.  Incentive  management fees
decreased due to the decreases in the limited partner  distribution  percentages
noted above and the decrease in partners'  capital due to redemptions of limited
partners' units during the years ended December 31, 1999 and 1998.

General and administrative costs to affiliates decreased $43, or 5% and $251, or
22%,  from the years ended  December 31, 1999 to 2000,  and December 31, 1998 to
1999,  respectively.  These  decreases  were  primarily due to a decrease in the
allocation of overhead costs from TEM, as the Partnership  represented a smaller
portion of the total fleet managed by TEM.

Loss on sale of containers  decreased from $397 during the period ended December
31, 1999 to $89 for the  comparable  period in 2000.  The decrease was primarily
due to the  Partnership  selling fewer  containers at a slightly  higher average
sales price during the year ended  December  31,  2000,  than the same period in
1999.  The decline in the number of container  sold was  primarily  due to there
being fewer lower demand  locations  and fewer  containers  in these  locations,
primarily as a result of previous sales efforts.

Loss on sale of containers  decreased $303 from the year ended December 31, 1998
to the year ended December 31, 1999. Although the Partnership  continued to sell
containers in low demand locations at lower average sales prices, as a result of
market conditions,  it incurred fewer losses during 1999 than 1998 primarily due
to the write-down of certain containers recorded during 1998 and 1999.

Net earnings per limited partnership unit increased from $0.07 to $0.45 from the
year ended  December 31, 1999 to 2000,  reflecting  the increase in net earnings
allocated to limited  partners from $447 to $3,082,  respectively.  Net earnings
per limited  partnership  unit decreased from $0.72 to $0.07 from the year ended
December 31, 1998 to 1999, respectively, reflecting the decrease in net earnings
allocated to limited partners from $4,881 to $447, respectively.  The allocation
of net earnings for the years ended December 31, 2000, 1999 and 1998, included a
special  allocation of gross income of $68, $114 and $80,  respectively,  to the
General Partners in accordance with the Partnership Agreement.

Risk Factors and Forward Looking Statements

Although  substantially  all of the  Partnership's  income  from  operations  is
derived from assets employed in foreign operations, virtually all of this income
is  denominated  in United  States  dollars.  The  Partnership's  customers  are
international  shipping  lines,  which transport  goods on  international  trade
routes.  The  domicile  of the lessee is not  indicative  of where the lessee is
transporting  the  containers.  The  Partnership's  business risk in its foreign
operations lies with the  creditworthiness of the lessees, and the Partnership's
ability to keep its containers under lease,  rather than the geographic location
of the  containers or the domicile of the lessees.  The containers are generally
operated on the international high seas rather than on domestic  waterways.  The
containers are subject to the risk of war or other political, economic or social
occurrence  where  the  containers  are used,  which  may  result in the loss of
containers,  which,  in turn,  may have a material  impact on the  Partnership's
results of operations  and  financial  condition.  The General  Partners are not
aware of any  conditions  as of December 31, 2000,  which would result in such a
risk materializing.

Other risks of the Partnership's  leasing  operations include  competition,  the
cost of  repositioning  containers  after  they come  off-lease,  the risk of an
uninsured loss, including bad debts,  increases in maintenance expenses or other
costs of  operating  the  containers,  and the effect of world  trade,  industry
trends  and/or  general  business  and  economic  cycles  on  the  Partnership's
operations. See "Risk Factors" in the Partnership's Prospectus, as supplemented,
for additional information on risks of the Partnership's business.

The foregoing includes forward-looking statements and predictions about possible
or  future  events,  results  of  operations  and  financial  condition.   These
statements  and  predictions  may  prove  to  be  inaccurate,   because  of  the
assumptions  made by the  Partnership  or the  General  Partners  or the  actual
development  of  future  events.  No  assurance  can be given  that any of these
forward-looking statements or predictions will ultimately prove to be correct or
even substantially correct. The risks and uncertainties in these forward-looking
statements  include,  but are not  limited  to,  changes  in demand  for  leased
containers,  changes in global  business  conditions  and their  effect on world
trade,  future  modifications  in the way in  which  the  Partnership's  lessees
conduct their business or of the  profitability of their business,  increases or
decreases in new container  prices or the  availability  of financing  therefor,
alterations in the costs of maintaining and repairing used containers, increases
in competition,  changes in the Partnership's  ability to maintain insurance for
its  containers  and its  operations,  the effects of  political  conditions  on
worldwide  shipping and demand for global trade or of other general business and
economic cycles on the  Partnership,  as well as other risks detailed herein and
from time to time in the Partnership's  filings with the Securities and Exchange
Commission.  The  Partnership  does  not  undertake  any  obligation  to  update
forward-looking statements.

ITEM 7A.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Inapplicable.

ITEM 8.      FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

Attached pages 13 to 25

<PAGE>

                          Independent Auditors' Report



The Partners
Textainer Equipment Income Fund IV, L.P.:

We have audited the  accompanying  balance sheets of Textainer  Equipment Income
Fund IV, L.P. (a  California  limited  partnership)  as of December 31, 2000 and
1999, the related  statements of earnings,  partners' capital and cash flows for
each of the years in the  three-year  period  ended  December  31,  2000.  These
financial statements are the responsibility of the Partnership's management. Our
responsibility  is to express an opinion on these financial  statements based on
our audits.

We conducted our audits in accordance with auditing standards generally accepted
in the  United  States of  America.  Those  standards  require  that we plan and
perform the audits 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  audits  provide  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 Textainer Equipment Income Fund
IV, L.P. as of December  31, 2000 and 1999,  and the results of its  operations,
its partners' capital and its cash flows for each of the years in the three-year
period  ended  December 31,  2000,  in  conformity  with  accounting  principles
generally accepted in the United States of America.



                                    KPMG LLP



San Francisco, California
February 16, 2001


<PAGE>
<TABLE>
<CAPTION>

TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Balance Sheets

December 31, 2000 and 1999
(Amounts in thousands)
-----------------------------------------------------------------------------------------------------------------

                                                                                 2000                  1999
                                                                           ---------------       ----------------
<S>                                                                        <C>                   <C>

Assets
Container rental equipment, net of accumulated
   depreciation of $50,184 (1999:  $45,244)                                $       63,447        $        69,262
Cash                                                                                3,183                  2,660
Accounts receivable, net of allowance
   for doubtful accounts of $323 (1999:  $749) (note 4)                             3,632                  4,042
Due from affiliates, net (note 2)                                                     704                    730
Prepaid expenses                                                                       17                     20
                                                                           ---------------       ----------------

                                                                           $       70,983        $        76,714
                                                                           ===============       ================

Liabilities and Partners' Capital
Liabilities:
   Accounts payable                                                        $          620        $           515
   Accrued liabilities                                                                417                    290
   Accrued damage protection plan costs (note 1(k))                                   366                    544
   Warranty claims (note 1(l))                                                        354                    415
   Accrued recovery costs (note 1(j))                                                 219                    186
   Deferred quarterly distributions (note 1(g))                                       121                    127
   Container purchases payable                                                      1,098                      -
                                                                           ---------------       ----------------

      Total liabilities                                                             3,195                  2,077
                                                                           ---------------       ----------------

Partners' capital:
   General partners                                                                     -                      -
   Limited partners                                                                67,788                 74,637
                                                                           ---------------       ----------------

      Total partners' capital                                                      67,788                 74,637
                                                                           ---------------       ----------------


                                                                           $       70,983        $        76,714
                                                                           ===============       ================

See accompanying notes to financial statements
</TABLE>


<PAGE>
<TABLE>
<CAPTION>


TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Statements of Earnings

Years ended  December 31, 2000,  1999 and 1998
(Amounts in thousands  except for unit and per unit amounts)
----------------------------------------------------------------------------------------------------------------------------

                                                                          2000                1999                1998
                                                                   -----------------   -----------------   -----------------
<S>                                                                <C>                 <C>                 <C>

Rental income                                                      $         17,525    $         17,256    $         21,505
                                                                   -----------------   -----------------   -----------------

Costs and expenses:
   Direct container expenses                                                  4,856               5,711               4,895
   Bad debt (benefit) expense                                                  (120)                364                (265)
   Depreciation and amortization                                              6,784               7,040               7,435
   Write-down of containers (note 1(e))                                         249                 475                 457
   Professional fees                                                             60                  70                  40
   Management fees to affiliates (note 2)                                     1,607               1,678               1,971
   General and administrative costs to affiliates (note 2)                      870                 913               1,164
   Other general and administrative costs                                       169                 174                 192
   Loss on sale of containers                                                    89                 397                 700
                                                                   -----------------   -----------------   -----------------

                                                                             14,564              16,822              16,589
                                                                   -----------------   -----------------   -----------------

   Income from operations                                                     2,961                 434               4,916
                                                                   -----------------   -----------------   -----------------

Other income:
   Interest income                                                              221                 133                  95
                                                                   -----------------   -----------------   -----------------

                                                                                221                 133                  95
                                                                   -----------------   -----------------   -----------------

   Net earnings                                                    $          3,182    $            567    $          5,011
                                                                   =================   =================   =================

Allocation of net earnings (note 1(g)):
   General partners                                                $            100    $            120    $            130
   Limited partners                                                           3,082                 447               4,881
                                                                   -----------------   -----------------   -----------------

                                                                   $          3,182    $            567    $          5,011
                                                                   =================   =================   =================
Limited partners' per unit share
   of net earnings                                                 $           0.45    $           0.07    $           0.72
                                                                   =================   =================   =================

Limited partners' per unit share
   of distributions                                                $           1.40    $           1.68    $           1.81
                                                                   =================   =================   =================

Weighted average number of limited
   partnership units outstanding (note 1(m))                              6,775,430           6,793,790           6,819,646
                                                                   =================   =================   =================

See accompanying notes to financial statements
</TABLE>


<PAGE>
<TABLE>
<CAPTION>

TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Statements of Partners' Capital

Years ended December 31, 2000, 1999 and 1998
(Amounts in thousands)
-------------------------------------------------------------------------------------------------------------------------

                                                                                     Partners' Capital
                                                                    -----------------------------------------------------
                                                                       General             Limited             Total
                                                                    --------------      --------------     --------------
<S>                                                                 <C>                 <C>                <C>

Balances at December 31, 1997                                       $           -       $      93,444      $      93,444

Distributions                                                                (130)            (12,337)           (12,467)

Redemptions (note 1(n))                                                         -                (327)              (327)

Net earnings                                                                  130               4,881              5,011
                                                                    --------------      --------------     --------------

Balances at December 31, 1998                                                   -              85,661             85,661
                                                                    --------------      --------------     --------------

Distributions                                                                (120)            (11,437)           (11,557)

Redemptions (note 1(n))                                                         -                 (34)               (34)

Net earnings                                                                  120                 447                567
                                                                    --------------      --------------     --------------

Balances at December 31, 1999                                                   -              74,637             74,637
                                                                    --------------      --------------     --------------

Distributions                                                                (100)             (9,492)            (9,592)

Redemptions (note 1(n))                                                         -                (439)              (439)

Net earnings                                                                  100               3,082              3,182
                                                                    --------------      --------------     --------------

Balances at December 31, 2000                                       $           -       $      67,788      $      67,788
                                                                    ==============      ==============     ==============


See accompanying notes to financial statements

</TABLE>

<PAGE>
<TABLE>
<CAPTION>


TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Statements of Cash Flows

Years ended December 31, 2000, 1999 and 1998
(Amounts in thousands)
---------------------------------------------------------------------------------------------------------------------------------

                                                                                      2000             1999             1998
                                                                                 ---------------  --------------   --------------
<S>                                                                              <C>              <C>              <C>

Cash flows from operating activities:
   Net earnings                                                                  $        3,182   $         567    $       5,011
   Adjustments to reconcile net earnings to
      net cash provided by operating activities:
         Depreciation and container write-down                                            7,033           7,515            7,892
         (Decrease) increase  in allowance for doubtful accounts,
            excluding write-off (note 4)                                                   (426)            323             (446)
         Loss on sale of containers                                                          89             397              700
         (Increase) decrease in assets:
            Accounts receivable, excluding write-off (note 4)                             1,047             341              942
            Prepaid expenses                                                                  3               8              167
            Due from affiliates, net                                                         10             (91)            (616)
         Increase (decrease) in liabilities:
            Accounts payable & accrued liabilities                                          232             111              128
            Accrued recovery costs                                                           33              58              (11)
            Accrued damage protection plan costs                                           (178)            170              (31)
            Warranty claims                                                                 (61)            (61)             (61)
                                                                                 ---------------  --------------   --------------

               Net cash provided by operating activities                                 10,964           9,338           13,675
                                                                                 ---------------  --------------   --------------

Cash flows from investing activities:
   Proceeds from sale of containers                                                       1,798           4,028            2,761
   Container purchases                                                                   (2,201)         (1,554)            (964)
                                                                                 ---------------  --------------   --------------

              Net cash (used in) provided by investing activities                          (403)          2,474            1,797
                                                                                 ---------------  --------------   --------------

Cash flows from financing activities:
    Repayment of borrowings from affiliates                                                   -               -             (826)
    Redemptions of limited partnership units                                               (439)            (34)            (327)
    Distributions to partners                                                            (9,599)        (11,606)         (12,495)
                                                                                 ---------------  --------------   --------------

               Net cash used in financing activities                                    (10,038)        (11,640)         (13,648)
                                                                                 ---------------  --------------   --------------

Net increase in cash                                                                        523             172            1,824

Cash at beginning of period                                                               2,660           2,488              664
                                                                                 ---------------  --------------   --------------

Cash at end of period                                                            $        3,183   $       2,660    $       2,488
                                                                                 ===============  ==============   ==============

Interest paid during the period                                                  $            -   $           -    $          20
                                                                                 ===============  ==============   ==============

See accompanying notes to financial statements
</TABLE>

<PAGE>
<TABLE>
<CAPTION>


TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(A California Limited Partnership)

Statements of Cash Flows - Continued

Years ended December 31, 2000, 1999 and 1998
(Amounts in thousands)
----------------------------------------------------------------------------------------------------------

Supplemental Disclosures:

Supplemental schedule of non-cash investing and financing activities:

The following table summarizes the amounts of container purchases, distributions
to partners  and  proceeds  from sale of  containers  which had not been paid or
received  by the  Partnership  as of December  31,  2000,  1999,  1998 and 1997,
resulting in  differences  in amounts  recorded and amounts of cash disbursed or
received by the Partnership, as shown in the Statements of Cash Flows.

                                                                     2000          1999           1998           1997
                                                                     ----          ----           ----           ----
<S>                                                                  <C>           <C>            <C>            <C>

Container purchases included in:
   Due to affiliates.....................................          $    -          $  -           $ 16           $  2
   Container purchases payable...........................           1,098             -              -              -

Distributions to partners included in:
   Due to affiliates.....................................               8             9             10             11
   Deferred quarterly distributions......................             121           127            175            202

Proceeds from sale of containers included in:
   Due from affiliates...................................             253           270            792            286

The following table summarizes the amounts of container purchases, distributions
to partners and proceeds from sale of containers recorded by the Partnership and
the amounts  paid or received as shown on the  Statements  of Cash Flows for the
years ended December 31, 2000, 1999 and 1998.

                                                                                   2000           1999          1998
                                                                                   ----           ----          ----

Container purchases recorded.........................................          $  3,299       $  1,538     $     978
Container purchases paid.............................................             2,201          1,554           964

Distributions to partners declared...................................             9,592         11,557        12,467
Distributions to partners paid.......................................             9,599         11,606        12,495

Proceeds from sale of containers recorded............................             1,781          3,506         3,267
Proceeds from sale of containers received............................             1,798          4,028         2,761

The  Partnership  has  entered  into direct  finance  leases,  resulting  in the
transfer of containers from container rental  equipment to accounts  receivable.
The carrying  values of containers  transferred  during the years ended December
31, 2000, 1999 and 1998 was $211, $109 and $73, respectively.

See accompanying notes to financial statements
</TABLE>


<PAGE>

TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Notes to Financial Statements

Years ended  December 31, 2000,  1999 and 1998
(Amounts in thousands  except for unit and per unit amounts)
--------------------------------------------------------------------------------


Note 1.  Summary of Significant Accounting Policies

      (a)  Nature of Operations

      Textainer  Equipment Income Fund IV, L.P. (TEIF IV or the Partnership),  a
      California  limited  partnership,  with a maximum  life of 20  years,  was
      formed on October 30, 1991.  The  Partnership  was formed to engage in the
      business  of  owning,  leasing  and  selling  both new and used  equipment
      related  to  the  international  containerized  cargo  shipping  industry,
      including,   but  not  limited   to,   containers,   trailers   and  other
      container-related  equipment.  TEIF IV offered units representing  limited
      partnership  interests  (Units) to the public  until April 30,  1994,  the
      close of the offering  period,  when a total of  6,845,903  Units had been
      purchased for a total of $136,918.

      Textainer  Financial  Services  Corporation  (TFS) is the managing general
      partner of the Partnership  and is a wholly-owned  subsidiary of Textainer
      Capital Corporation (TCC).  Textainer  Equipment  Management Limited (TEM)
      and  Textainer   Limited  (TL)  are  associate  general  partners  of  the
      Partnership.  The  managing  general  partner  and the  associate  general
      partners  are  collectively  referred to as the General  Partners  and are
      commonly  owned by Textainer  Group Holdings  Limited  (TGH).  The General
      Partners also act in this capacity for other limited  partnerships.  Prior
      to its liquidation in October 1998, Textainer Acquisition Services Limited
      (TAS),  a former  affiliate of the General  Partners,  performed  services
      related to the  acquisition  of  containers  outside the United  States on
      behalf of the  Partnership.  Effective  November 1998,  these services are
      being  performed  by TEM.  The  General  Partners  manage and  control the
      affairs of the Partnership.

      (b)  Basis of Accounting

      The  Partnership  utilizes the accrual  method of  accounting.  Revenue is
      recorded  when  earned  according  to the  terms of the  container  rental
      contracts.  These  contracts are classified as operating  leases or direct
      finance leases if they so qualify under Statement of Financial  Accounting
      Standards  No.  13:  "Accounting  for  Leases".  Substantially  all of the
      Partnership's  rental  income  was  generated  from  the  leasing  of  the
      Partnership's containers under short-term operating leases.

      (c)  Use of Estimates

      Certain   estimates  and  assumptions  were  made  by  the   Partnership's
      management that affect the reported  amounts of assets and liabilities and
      disclosures  of  contingent  assets  and  liabilities  at the  date of the
      financial  statements  and the  reported  amounts of revenue and  expenses
      during the  reporting  period.  Actual  results  could  differ  from those
      estimates.

      (d)  Fair Value of Financial Instruments

      In accordance  with Statement of Financial  Accounting  Standards No. 107,
      "Disclosures  about Fair Value of Financial  Instruments," the Partnership
      calculates  the fair value of  financial  instruments  and  includes  this
      additional  information in the notes to the financial  statements when the
      fair  value  is  different   than  the  book  value  of  those   financial
      instruments.  At  December  31,  2000  and  1999,  the  fair  value of the
      Partnership's financial instruments approximates the related book value of
      such instruments.

      (e)  Container Rental Equipment

      Container  rental  equipment  is  recorded  at  the  cost  of  the  assets
      purchased,  which includes  acquisition fees, less  depreciation  charged.
      Depreciation of new containers is computed using the straight-line  method
      over an  estimated  useful life of 12 years to a 28% salvage  value.  Used
      containers are  depreciated  based upon their estimated  remaining  useful
      life at the date of  acquisition  (from 2 to 11  years).  When  assets are
      retired  or  otherwise  disposed  of,  the  cost and  related  accumulated
      depreciation  are removed from the  equipment  accounts and any  resulting
      gain or loss is recognized in income for the period.

      In accordance  with Statement of Financial  Accounting  Standards No. 121,
      "Accounting for the Impairment of Long-Lived  Assets and Long-Lived Assets
      to be Disposed Of" (SFAS 121), the Partnership  periodically  compares the
      carrying  value of the  containers  to expected  future cash flows for the
      purpose of assessing the  recoverability of the recorded  amounts.  If the
      carrying value exceeds  expected future cash flows, the assets are written
      down to estimated  fair value.  In  addition,  containers  identified  for
      disposal are  recorded at the lower of carrying  amount or fair value less
      cost to sell.

      New container  prices steadily  declined from 1995 through 1999.  Although
      container prices increased in 2000, the cost of new containers at year-end
      1998, during 1999 and 2000 was significantly less than the average cost of
      containers  purchased  in  prior  years.  The  Partnership  evaluated  the
      recoverability  of the recorded  amount of container  rental  equipment at
      December 31, 2000,  1999 and 1998 for  containers to be held for continued
      use and  determined  that a  reduction  to the  carrying  value  of  these
      containers  was  not  required.   The   Partnership   also  evaluated  the
      recoverability of the recorded amount of containers identified for sale in
      the  ordinary  course of business and  determined  that a reduction to the
      carrying value of these  containers was required.  The  Partnership  wrote
      down the value of these  containers to their  estimated fair value,  which
      was based on recent sales prices less cost to sell. During the years ended
      December 31, 2000,  1999 and 1998,  the  Partnership  recorded  write-down
      expenses  of  $249,  $475  and  $457,  respectively,  on 344,  746 and 844
      containers identified as for sale and requiring a reserve. At December 31,
      2000 and 1999, the net book value of containers identified as for sale was
      $259 and $231, respectively.

      The Partnership sold 320 of these previously written down containers for a
      loss of $9  during  the year  ended  December  31,  2000,  and sold  1,499
      previously  written  down  containers  for a loss of $193  during the same
      period in 1999.  During the year ended  December 31,  1998,  there were no
      sales of previously  written down containers as the initial write-down was
      recorded at December 31, 1998. The Partnership incurred losses on the sale
      of some  containers  previously  written  down as the actual  sales prices
      received on these  containers  were lower than the estimates  used for the
      write-downs, primarily due to unexpected declines in container prices.

      The  Partnership  also sold  containers that had not been written down and
      recorded  losses of $80, $204 and $700 during the years ended December 31,
      2000, 1999 and 1998, respectively.

      If more  containers are  subsequently  identified for sale or if container
      sales prices decline, the Partnership may incur additional  write-downs on
      containers  and /or may  incur  losses  on the  sale  of  containers.  The
      Partnership will continue to evaluate the  recoverability  of the recorded
      amounts of container  rental  equipment  and cautions that a write-down of
      container rental equipment and/or an increase in its depreciation rate may
      be required  in future  periods  for some or all of its  container  rental
      equipment.

      (f)  Nature of Income from Operations

      Although  substantially all of the Partnership's income from operations is
      derived from assets employed in foreign operations,  virtually all of this
      income  is  denominated  in  United  States  dollars.   The  Partnership's
      customers  are  international  shipping  lines  that  transport  goods  on
      international  trade routes.  The domicile of the lessee is not indicative
      of where the lessee is  transporting  the  containers.  The  Partnership's
      business risk in its foreign operations lies with the  creditworthiness of
      the lessees rather than the  geographic  location of the containers or the
      domicile of the lessees.

      No single lessee accounted for more than 10% of the Partnership's revenues
      for the years ended December 31, 2000, 1999 and 1998.

      (g)  Allocation of Net Earnings and Partnership Distributions

      In accordance with the Partnership Agreement,  sections 3.08 through 3.12,
      net earnings or losses and distributions are generally allocated 1% to the
      General  Partners and 99% to the Limited  Partners.  If the  allocation of
      distributions exceeds the allocation of net earnings and creates a deficit
      in a General Partner's capital account, the Partnership Agreement provides
      for a  special  allocation  of gross  income  equal to the  amount  of the
      deficit.

      Actual  cash  distributions  to  the  Limited  Partners  differ  from  the
      allocated net earnings as presented in these financial  statements because
      cash  distributions  are based on cash  available for  distribution.  Cash
      distributions  are paid to the general  and limited  partners on a monthly
      basis in accordance with the provisions of the Partnership Agreement. Some
      limited partners have elected to have their  distributions paid quarterly.
      The Partnership has recorded  deferred  distributions  of $121 and $127 at
      December 31, 2000 and 1999, respectively.

      (h)  Income Taxes

      The Partnership is not subject to income taxes. Accordingly,  no provision
      for income taxes has been made.  The  Partnership  files federal and state
      information  returns  only.  Taxable  income or loss is  reportable by the
      individual partners.

      (i)  Acquisition Fees

      In accordance with the Partnership Agreement, acquisition fees equal to 5%
      of the container  purchase price were paid to TAS through October 1998 and
      to TEM beginning in November 1998.  These fees are  capitalized as part of
      the cost of the containers.

      (j)  Recovery Costs

      The  Partnership  accrues an estimate  for  recovery  costs as a result of
      defaults under its leases that it expects to incur, which are in excess of
      estimated insurance  proceeds.  At December 31, 2000 and 1999, the amounts
      accrued were $219 and $186, respectively.

      (k)  Damage Protection Plan

      The  Partnership  offers a Damage  Protection Plan (DPP) to lessees of its
      containers.  Under  the terms of DPP,  the  Partnership  earns  additional
      revenues  on a daily  basis  and,  in return,  has agreed to bear  certain
      repair costs.  It is the  Partnership's  policy to recognize  revenue when
      earned and  provide a reserve  sufficient  to cover the  estimated  future
      repair costs.  DPP expenses are included in direct  container  expenses in
      the  Statements  of Earnings and the related  reserve at December 31, 2000
      and 1999, was $366 and $544, respectively.

      (l)  Warranty Claims

      During 1996 and 1995, the Partnership  settled warranty claims against two
      container  manufacturers.  The  Partnership  is amortizing  the settlement
      amounts  over the  remaining  estimated  useful  lives  of the  applicable
      containers  (ten years),  reducing  maintenance and repair costs over that
      time.  At  December  31,  2000 and 1999,  the  unamortized  portion of the
      settlement amount was $354 and $415, respectively.


      (m)  Limited Partners' Per Unit Share of Net Earnings and Distributions

      Limited  partners'  per unit share of both net earnings and  distributions
      were  computed  using the  weighted  average  number of units  outstanding
      during  the years  ended  December  31,  2000,  1999 and 1998,  which were
      6,775,430, 6,793,790, and 6,819,646, respectively.

      (n)  Redemptions

      The following  redemption  offerings were  consummated by the  Partnership
      during the years ended December 31, 2000, 1999 and 1998:
<TABLE>
<CAPTION>

                                                         Units                 Average
                                                       Redeemed           Redemption Price           Amount Paid
                                                       --------           ----------------           -----------
<S>                                                    <C>                <C>                        <C>


      Total Partnership redemptions as of
      December 31, 1997.......................          18,735                 $14.46                   $  271
                                                        ------                                           -----

      Year ended December 31, 1998:
            4th quarter.......................          30,090                 $10.87                      327
                                                        ------                                           -----

      Year ended December 31, 1999:
            3rd quarter.......................           3,288                 $10.34                       34
                                                        ------                                           -----


       Year ended December 31, 2000:
            3rd quarter.......................          21,780                 $ 8.59                      187
            4th quarter.......................          29,882                 $ 8.44                      252
                                                        ------                                           -----
                                                        51,662                 $ 8.50                      439
                                                        ------                                           -----


      Total Partnership redemptions as of
      December 31, 2000.......................         103,775                 $10.32                   $1,071
                                                       =======                                           =====
</TABLE>

      The redemption price is fixed by formula.

      (o) Reclassification

      Following  the  adoption of SAB 101,  "Revenue  Recognition  in  Financial
      Statements",  by the Partnership in the fourth quarter of fiscal 2000, the
      Partnership  has  reclassified  gain/loss on sale of containers from other
      income (after income from operations) to costs and expenses (before income
      from   operations).   All  periods  have  been  amended  to  reflect  this
      reclassification.

Note 2.  Transactions with Affiliates

      As part of the operation of the Partnership,  the Partnership is to pay to
      the General Partners, or TAS prior to its liquidation, an acquisition fee,
      an equipment  management fee, an incentive management fee and an equipment
      liquidation  fee.  These  fees  are  for  various  services   provided  in
      connection with the administration and management of the Partnership.  The
      Partnership  capitalized $157, $73, and $47 of container  acquisition fees
      as part of  container  rental  equipment  costs  during  the  years  ended
      December 31, 2000, 1999 and 1998,  respectively.  The Partnership incurred
      $399, $472, and $517 of incentive management fees during each of the three
      years ended December 31, 2000, 1999 and 1998,  respectively.  No equipment
      liquidation fees were incurred during these periods.

      The  Partnership's  containers are managed by TEM. In its role as manager,
      TEM has authority to acquire, hold, manage, lease, sell and dispose of the
      containers.  TEM holds,  for the payment of direct operating  expenses,  a
      reserve of cash that has been collected from leasing operations; such cash
      is included in due from affiliates, net, at December 31, 2000 and 1999.

      Subject to certain reductions, TEM receives a monthly equipment management
      fee equal to 7% of gross lease revenues  attributable to master  operating
      leases and 2% of gross  lease  revenues  attributable  to full  payout net
      leases.  For the years ended December 31, 2000,  1999 and 1998,  equipment
      management  fees totaled $1,208,  $1,206,  and $1,454,  respectively.  The
      Partnership's  containers  are  leased by TEM to third  party  lessees  on
      operating  master  leases,  spot  leases,  term leases and full payout net
      leases. Although the Partnership has some rent receivable under cancelable
      long term operating leases,  the majority of the Partnership's  leases are
      operating leases with limited terms and no purchase option.

      Certain  indirect  general  and  administrative  costs  such as  salaries,
      employee  benefits,   taxes  and  insurance  are  incurred  in  performing
      administrative  services  necessary to the  operation of the  Partnership.
      These  costs  are  incurred  and paid by TEM and TFS.  Total  general  and
      administrative costs allocated to the Partnership were as follows:

                                                  2000         1999         1998
                                                  ----         ----         ----

               Salaries                           $450         $508       $  631
               Other                               420          405          533
                                                   ---          ---        -----
                 Total general and
                    administrative costs          $870         $913       $1,164
                                                   ===          ===        =====

      TEM allocates these general and administrative costs based on the ratio of
      the  Partnership's  interest  in  the  managed  containers  to  the  total
      container  fleet  managed by TEM during the period.  TFS  allocates  these
      costs  based on the  ratio of the  Partnership's  containers  to the total
      container  fleet of all limited  partnerships  managed by TFS. The General
      Partners allocated the following general and  administrative  costs to the
      Partnership:

                                                  2000         1999         1998
                                                  ----         ----         ----

               TEM                                $758         $816       $1,054
               TFS                                 112           97          110
                                                   ---          ---        -----
                 Total general and
                    administrative costs          $870         $913       $1,164
                                                   ===          ===        =====

      The General Partners,  or TAS through October 1998, may acquire containers
      in their own name and hold title on a  temporary  basis for the purpose of
      facilitating the acquisition of such containers for the  Partnership.  The
      containers may then be resold to the Partnership on an all-cash basis at a
      price equal to the actual cost, as defined in the  Partnership  Agreement.
      In addition,  the General Partners and, prior to its liquidation,  TAS are
      entitled  to  an  acquisition  fee  for  any  containers   resold  to  the
      Partnership.

      At December 31, 2000 and 1999, due from affiliates, net, is comprised of:

                                                             2000           1999
                                                             ----           ----
        Due from affiliates:
            Due from TEM...........................       $   758        $   784
                                                             ----           ----

            Due to affiliates:
            Due to TL..............................             1              1
            Due to TCC.............................            12             15
            Due to TFS.............................            41             38
                                                             ----           ----
                                                               54             54
                                                             ----           ----

            Due from affiliates, net                      $   704        $   730
                                                             ====           ====

      These amounts  receivable  from and payable to affiliates were incurred in
      the ordinary course of business between the Partnership and its affiliates
      and represent  timing  differences  in the accrual and payment of expenses
      and fees  described  above or in the accrual and  remittance of net rental
      revenues and container sales proceeds from TEM.

      It is the policy of the  Partnership  and the  General  Partners to charge
      interest on amounts due to the General  Partners which are outstanding for
      more than one  month,  to the  extent  such  balances  relate to loans for
      container  purchases.  Interest is charged at a rate not greater  than the
      General  Partners'  or  affiliates'  own cost of  funds.  The  Partnership
      incurred  $13 of interest  expense on amounts due to the General  Partners
      during the year ended  December  31, 1998.  There was no interest  expense
      incurred  on amounts due to the  General  Partners  during the years ended
      December 31, 2000 or 1999.


Note 3.   Income Taxes

      At December 31, 2000, 1999 and 1998,  there were temporary  differences of
      $55,358,  $60,365,  and  $65,004,  respectively,   between  the  financial
      statement carrying value of certain assets and liabilities and the federal
      income tax basis of such assets and liabilities. The reconciliation of net
      income for financial  statement  purposes to net income for federal income
      tax  purposes for the years ended  December 31, 2000,  1999 and 1998 is as
      follows:
<TABLE>
<CAPTION>

                                                                              2000               1999             1998
                                                                              ----               ----             ----
<S>                                                                           <C>                <C>              <C>

      Net income per financial statements......................            $ 3,182           $    567        $   5,011

      (Decrease) increase in provision for bad debt............               (426)               323           (1,007)
      Depreciation for federal income tax purposes
        less than (in excess of) depreciation for
         financial statement  purposes.........................              3,681                323          (10,433)
      Gain on sale of fixed assets for federal income
         tax purposes in excess of gain/loss recognized
         for financial statement purposes......................              1,990              3,885            3,647
      (Decrease) increase in damage protection plan costs......               (178)               170              (31)
      Warranty reserve income for tax purposes in excess
        of financial statement purposes........................                (61)               (61)             (61)
                                                                            ------             ------          -------

      Net income (loss) for federal income tax purposes........            $ 8,188           $  5,207        $ (2,874)
                                                                            ======             ======          ========
</TABLE>

Note 4.   Accounts Receivable Write-Off

      During 1998, the Partnership wrote-off $561 of delinquent receivables from
      two lessees against which reserves were recorded in 1994 and 1995.  During
      the  years  ended  December  31,  1999  and  2000,   there  were  no  such
      individually significant write-offs.




<PAGE>
<TABLE>
<CAPTION>


TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Selected Quarterly Financial Data
------------------------------------------------------------------------------------------------------------------------
The following is a summary of selected  quarterly  financial  data for the years
ended December 31, 2000, 1999 and 1998:

                                                                                (Amounts in thousands)
                                                                                 2000 Quarters Ended
                                                              --------------------------------------------------------
                                                              Mar. 31          June 30         Sept. 30        Dec. 31
                                                              --------------------------------------------------------
<S>                                                           <C>              <C>             <C>             <C>

Rental income                                                 $ 4,431          $ 4,395         $ 4,318        $ 4,381

Income from operations                                        $   704          $  886          $   643        $   728

Net earnings                                                  $   748          $  946          $   707        $   781

Limited partners' share of net earnings                       $   723          $  921          $   682        $   756

Limited partners' share of distributions                      $ 2,378          $ 2,378         $ 2,372        $ 2,364


                                                                                 1999 Quarters Ended
                                                              --------------------------------------------------------
                                                              Mar. 31          June 30         Sept. 30        Dec. 31
                                                              --------------------------------------------------------

Rental income                                                 $ 4,312          $ 4,060         $ 4,334        $ 4,550

Income (loss) from operations                                 $     2          $  (829)        $   114        $ 1,147

Net earnings (loss)                                           $    39          $  (792)        $   141        $ 1,179

Limited partners' share of net earnings (loss)                $     7          $  (824)        $   111        $ 1,153

Limited partners' share of distributions                      $ 3,058          $ 3,057         $ 2,831        $ 2,491


                                                                                 1998 Quarters Ended
                                                              --------------------------------------------------------
                                                              Mar. 31          June 30         Sept. 30        Dec. 31
                                                              --------------------------------------------------------

Rental income                                                 $ 5,517          $ 5,369         $ 5,378        $ 5,241

Income from operations                                        $ 1,806          $ 1,655         $ 1,419        $    36

Net earnings                                                  $ 1,811          $ 1,677         $ 1,453        $    70

Limited partners' share of net earnings                       $ 1,778          $ 1,645         $ 1,420        $    38

Limited partners' share of distributions                      $ 3,129          $ 3,072         $ 3,072        $ 3,064

The amounts of income from operations are different from the amounts  previously
reported in reports on Form 10-Q filed for the years 2000,  1999 and 1998 as the
Registrant adopted SAB 101, "Revenue  Recognition in Financial  Statements",  in
the  fourth  quarter  of  fiscal  2000  and  reclassified  gain/loss  on sale of
containers  from  other  income  (after  income  from  operations)  to costs and
expenses  (before  income from  operations).  To conform to the  current  year's
presentation,   the  following   reclassifications  were  made  to  income  from
operations:
                                                              Mar. 31          June 30         Sept. 30        Dec. 31
                                                              --------------------------------------------------------

                                                    2000      $    (3)         $    41         $   (62)       $   (65)
                                                    1999      $   (79)         $  (412)        $  (181)       $   275
                                                    1998      $   233          $     9         $   (88)       $  (854)
</TABLE>


<PAGE>



ITEM 9.   CHANGES  IN AND  DISAGREEMENTS  WITH  ACCOUNTANTS  ON  ACCOUNTING  AND
          FINANCIAL DISCLOSURE.

There have been none.

                                    PART III

ITEM 10.  DIRECTORS AND EXECUTIVE OFFICERS OF THE REGISTRANT

The Registrant has no officers or directors.

As described in the Prospectus, the Registrant's three original general partners
were TCC, TEM and Textainer Inc. (TI),  which  comprised the original  Textainer
Group.   Effective  October  1,  1993,  the  Textainer  Group  restructured  its
organization by forming a new holding company,  Textainer Group Holdings Limited
(TGH),  and the  shareholders  of the  underlying  companies  which  include the
General  Partners  accepted  shares in TGH in exchange  for their  shares in the
individual  companies.  Textainer  Financial  Services  Corporation (TFS) is the
Managing  General Partner of the Partnership  (prior to its name change on April
4, 1994, TFS was known as Textainer Capital Corporation).  TFS is a wholly-owned
subsidiary of Textainer  Capital  Corporation (TCC) (prior to its name change on
April 4, 1994, TCC was known as Textainer (Delaware) Inc.).  Textainer Equipment
Management Limited (TEM) is an Associate General Partner of the Partnership.  TI
was an Associate  General Partner of the Partnership  through September 30, 1993
when it was replaced in that capacity by Textainer Limited (TL), pursuant to the
corporate  restructuring effective October 1, 1993, which caused TFS, TEM and TL
to fall under the common ownership of TGH.  Pursuant to this  restructuring,  TI
transferred  substantially  all of its  assets  including  all of its rights and
duties as Associate  General  Partner to TL. This  transfer was  effective  from
October 1, 1993. The end result was that TFS now serves as the Managing  General
Partner and TEM and TL now serve as the Associate General Partners. The Managing
General Partner and Associate  General Partners are collectively  referred to as
the General Partners and are wholly-owned or substantially-owned subsidiaries of
TGH.  The  General  Partners  also  act  in  this  capacity  for  other  limited
partnerships.  Prior to its liquidation in October 1998,  Textainer  Acquisition
Services  Limited  (TAS) was an affiliate of the General  Partners and performed
services  related to the  acquisition of equipment  outside the United States on
behalf of the Partnership. Effective November 1998, these services are performed
by TEM.

TFS,  as  the  Managing  General  Partner,   is  responsible  for  managing  the
administration  and operation of the  Registrant,  and for the  formulation  and
administration of investment policies.

TEM, an Associate  General Partner,  manages all aspects of the operation of the
Registrant's equipment.

TL, an Associate  General  Partner,  owns a fleet of container  rental equipment
which is  managed  by TEM.  TL  provides  advice  to the  Partnership  regarding
negotiations  with financial  institutions,  manufacturers and equipment owners,
and regarding the terms upon which particular items of equipment are acquired.

Section 16(a) Beneficial Ownership Reporting Compliance.

Section 16(a) of the Securities  Exchange Act of 1934 requires the Partnership's
General Partners,  policy-making officials and persons who beneficially own more
than ten  percent  of the Units to file  reports  of  ownership  and  changes in
ownership with the Securities and Exchange  Commission.  Copies of these reports
must also be furnished to the Partnership.

Based  solely  on a  review  of  the  copies  of  such  forms  furnished  to the
Partnership  or on written  representations  that no forms were  required  to be
filed, the Partnership believes that with respect to its most recent fiscal year
ended  December 31, 2000,  all Section 16(a) filing  requirements  were complied
with. No member of management, or beneficial owner owned more than 10 percent of
any  interest in the  Partnership.  None of the  individuals  subject to Section
16(a) failed to file or filed late any reports of transactions in the Units.

The directors and executive officers of the General Partners are as follows:
<TABLE>
<CAPTION>

Name                              Age    Position
<S>                               <C>    <C>    <C>    <C>    <C>    <C>

Neil I. Jowell                     67    Director and Chairman of TGH, TEM, TL, TCC and TFS
John A. Maccarone                  56    President, CEO and Director of TGH, TEM, TL, TCC and TFS
James E. Hoelter                   61    Director of TGH, TEM, TL, TCC and TFS
Alex M. Brown                      62    Director of TGH, TEM, TL, TCC and TFS
Harold J. Samson                   79    Director of TGH and TL
Philip K. Brewer                   44    Senior Vice President - Asset Management Group and Director of TEM and TL
Robert D. Pedersen                 41    Senior Vice President - Leasing Group, Director of TEM
Ernest J. Furtado                  45    Senior Vice  President , CFO and  Secretary  of TGH,  TEM,  TL, TCC and TFS,
                                         Director of TEM, TCC and TFS
Wolfgang Geyer                     47    Regional Vice President - Europe
Mak Wing Sing                      43    Regional Vice President - South Asia
Masanori Sagara                    45    Regional Vice President - North Asia
Stefan Mackula                     48    Vice President -  Equipment Resale
Anthony C. Sowry                   48    Vice President - Corporate Operations and Acquisitions
Richard G. Murphy                  48    Vice President - Risk Management
Janet S. Ruggero                   52    Vice President - Administration and Marketing Services
Jens W. Palludan                   50    Regional Vice President - Americas and Logistics
Isam K. Kabbani                    66    Director of TGH and TL
James A. C. Owens                  61    Director of TGH and TL
S. Arthur Morris                   67    Director of TGH, TEM and TL
Dudley R. Cottingham               49    Assistant Secretary, Vice President and Director of TGH, TEM and TL
Nadine Forsman                     33    Controller of TCC and TFS
</TABLE>

         Neil I. Jowell is Director  and  Chairman of TGH,  TEM, TL, TCC and TFS
and a member of the Investment  Advisory Committee (see "Committees"  below). He
has served on the Board of Trencor Ltd.  since 1966 and as Chairman  since 1973.
He is also a director of Mobile Industries, Ltd. (1969 to present), an affiliate
of Trencor,  and a non-executive  director of Forward  Corporation Ltd. (1993 to
present).  Trencor is a publicly traded  diversified  industrial group listed on
the Johannesburg Stock Exchange. Its business is the leasing,  owning,  managing
and  financing of marine cargo  containers  worldwide  and the  manufacture  and
export of containers for international  markets.  In South Africa, it is engaged
in manufacturing,  trading and exports of general commodities.  Trencor also has
an interest in Forward  Corporation  Ltd.,  a publicly  traded  holding  company
listed on the  Johannesburg  Stock Exchange.  It has interests in industrial and
consumer  businesses  operating in South Africa and abroad.  Mr.  Jowell  became
affiliated  with the General  Partners and its affiliates  when Trencor  became,
through  its  beneficial  ownership  in  two  controlled   companies,   a  major
shareholder  of the  Textainer  Group in 1992.  Mr.  Jowell  has over 36  years'
experience  in the  transportation  industry.  He holds an  M.B.A.  degree  from
Columbia  University  and  Bachelor  of  Commerce  and L.L.B.  degrees  from the
University of Cape Town.

         John A.  Maccarone is President,  CEO and Director of TGH, TEM, TL, TCC
and TFS. In this capacity he is responsible for overseeing the management of and
coordinating  the  activities  of  Textainer's  worldwide  fleet of marine cargo
containers and the activities of all of these corporations.  Additionally, he is
Chairman of the Equipment  Investment  Committee,  the Credit  Committee and the
Investment  Advisory  Committee (see  "Committees",  below).  Mr.  Maccarone was
instrumental  in co-founding  Intermodal  Equipment  Associates  (IEA), a marine
container  leasing  company  based  in San  Francisco,  and  held a  variety  of
executive  positions with IEA from 1979 until 1987, when he joined the Textainer
Group.  Mr.  Maccarone  was  previously a Director of Marketing  for Trans Ocean
Leasing  Corporation in Hong Kong with responsibility for all leasing activities
in  Southeast  Asia.   From  1969  to  1977,  Mr.   Maccarone  was  a  marketing
representative  for IBM  Corporation.  He holds a Bachelor of Science  degree in
Engineering  Management  from  Boston  University  and  an  M.B.A.  from  Loyola
University of Chicago.

         James E.  Hoelter  is a  director  of TGH,  TEM,  TL,  TCC and TFS.  In
addition,  Mr. Hoelter is a member of the Equipment Investment Committee and the
Investment  Advisory  Committee (see  "Committees",  below). Mr. Hoelter was the
President  and  Chief  Executive  Officer  of TGH and TL from  1993 to 1998  and
currently serves as a consultant to Trencor (1999 to present).  Prior to joining
the  Textainer  Group in 1987,  Mr.  Hoelter was  president of IEA. Mr.  Hoelter
co-founded IEA in 1978 with Mr. Maccarone and was president from inception until
1987.  From 1976 to 1978,  Mr.  Hoelter was vice president for Trans Ocean Ltd.,
San Francisco,  a marine container leasing company, where he was responsible for
North America. From 1971 to 1976, he worked for Itel Corporation, San Francisco,
where he was  director of  financial  leasing for the  container  division.  Mr.
Hoelter  received his B.B.A. in finance from the University of Wisconsin,  where
he is an emeritus member of its Business School's Dean's Advisory Board, and his
M.B.A. from the Harvard Graduate School of Business Administration.

         Alex M. Brown is a director of TGH, TEM, TL, TCC and TFS. Additionally,
he is a member of the Equipment Investment Committee and the Investment Advisory
Committee (see "Committees",  below). Among other directorships,  Mr. Brown is a
director of Trencor Ltd. (1996 to present),  which is publicly traded and listed
on the  Johannesburg  Stock  Exchange.  Mr.  Brown  became  affiliated  with the
Textainer  Group in April 1986. From 1987 until 1993, he was President and Chief
Executive  Officer of Textainer,  Inc. and the Chairman of the Textainer  Group.
Mr. Brown was the managing director of Cross County Leasing in England from 1984
until it was  acquired by Textainer  in 1986.  From 1993 to 1997,  Mr. Brown was
Chief Executive Officer of AAF, a company affiliated with Trencor Ltd. Mr. Brown
was also Chairman of WACO International  Corporation,  based in Cleveland,  Ohio
until 1997.

         Harold J.  Samson is a  director  of TGH and TL and has  served as such
since the Textainer Group's  reorganization  and formation of these companies in
1993.  He  is  also  a  member  of  the  Investment   Advisory   Committee  (see
"Committees",  below).  Mr. Samson served as a consultant to various  securities
firms from 1981 to 1989.  From 1974 to 1981 he was Executive  Vice  President of
Foster & Marshall, Inc., a New York Stock Exchange member firm based in Seattle.
Mr. Samson was a director of IEA from 1979 to 1981.  From 1957 to 1984 he served
as Chief Financial  Officer in several New York Stock Exchange member firms. Mr.
Samson  holds  a  B.S.  in  Business   Administration  from  the  University  of
California, Berkeley and is a California Certified Public Accountant.

         Philip K. Brewer is Senior Vice President - Asset  Management Group and
director of TEM and TL. He was  President of TCC and TFS from January 1, 1998 to
December  31,  1998  until his  appointment  as Senior  Vice  President  - Asset
Management Group. As President of TCC, Mr. Brewer was responsible for overseeing
the  management  of, and  coordinating  the activities of TCC and TFS. As Senior
Vice President,  he is responsible  for optimizing the capital  structure of and
identifying  new sources of finance for  Textainer,  as well as  overseeing  the
management of and  coordinating  the activities of Textainer's  risk management,
logistics  and the resale  divisions.  Mr.  Brewer is a member of the  Equipment
Investment  Committee,  the Credit  Committee and was a member of the Investment
Advisory Committee through December 31, 1998 (see "Committees"  below). Prior to
joining  Textainer in 1996, as Senior Vice  President - Capital  Markets for TGH
and TL, Mr. Brewer worked at Bankers Trust from 1990 to 1996, starting as a Vice
President  in  Corporate  Finance  and ending as Managing  Director  and Country
Manager for  Indonesia;  from 1989 to 1990,  he was Vice  President in Corporate
Finance at Jarding Fleming; from 1987 to 1989, he was Capital Markets Advisor to
the United States Agency for International Development; and from 1984 to 1987 he
was an Associate  with Drexel  Burnham  Lambert in New York. Mr. Brewer holds an
M.B.A. in Finance from the Graduate  School of Business at Columbia  University,
and a B.A. in Economics and Political Science from Colgate University.

         Robert D.  Pedersen  is  Senior  Vice-President  - Leasing  Group and a
Director  of  TEM,   responsible  for  worldwide  sales  and  marketing  related
activities and operations.  Mr. Pedersen is a member of the Equipment Investment
Committee and the Credit Committee (see "Committees" below). He joined Textainer
in 1991 as Regional Vice  President for the Americas  Region.  Mr.  Pedersen has
extensive  experience  in the industry  having held a variety of positions  with
Klinge Cool, a manufacturer of refrigerated  container  cooling units (from 1989
to 1991), where he was worldwide sales and marketing director, XTRA, a container
lessor (from 1985 to 1988) and Maersk Line, a container shipping line (from 1978
to  1984).  Mr.  Pedersen  is  a  graduate  of  the  A.P.  Moller  shipping  and
transportation program and the Merkonom Business School in Copenhagen,  majoring
in Company Organization.

         Ernest J. Furtado is Senior Vice  President,  CFO and Secretary of TGH,
TEM, TL, TCC and TFS and a Director of TEM, TCC and TFS, in which capacity he is
responsible for all accounting,  financial  management,  and reporting functions
for TGH, TEM, TL, TCC and TFS.  Additionally,  he is a member of the  Investment
Advisory  Committee for which he serves as Secretary,  the Equipment  Investment
Committee and the Credit  Committee (see  "Committees",  below).  Prior to these
positions,  he held a number of accounting and financial management positions at
Textainer, of increasing responsibility. Prior to joining Textainer in May 1991,
Mr.  Furtado was Controller for Itel Instant Space and manager of accounting for
Itel Containers International  Corporation,  both in San Francisco, from 1984 to
1991. Mr.  Furtado's  earlier  business  affiliations  include  serving as audit
manager for Wells Fargo Bank and as senior accountant with John F. Forbes & Co.,
both in San Francisco.  He is a Certified Public  Accountant and holds a B.S. in
business  administration  from the  University  of California at Berkeley and an
M.B.A. in information systems from Golden Gate University.

         Wolfgang  Geyer is based  in  Hamburg,  Germany  and is  Regional  Vice
President - Europe,  responsible  for  coordinating  all leasing  activities  in
Europe,  Africa and the Middle  East/Persian Gulf. Mr. Geyer joined Textainer in
1993 and was the Marketing  Director in Hamburg  through July 1997. From 1991 to
1993,  Mr. Geyer most recently was the Senior Vice  President for Clou Container
Leasing,  responsible for its worldwide leasing activities.  Mr. Geyer spent the
remainder of his leasing career, 1975 through 1991, with Itel Container,  during
which time he held numerous  positions in both  operations and marketing  within
the company.

         Mak Wing Sing is based in Singapore and is the Regional Vice  President
- South Asia,  responsible  for container  leasing  activities in  North/Central
People's  Republic of China,  Hong Kong,  South China (PRC),  Southeast Asia and
Australia/New Zealand. Mr. Mak most recently was the Regional Manager, Southeast
Asia,  for Trans Ocean  Leasing,  working there from 1994 to 1996.  From 1987 to
1994, Mr. Mak worked with Tiphook as their Regional  General  Manager,  and with
OOCL  from  1976 to 1987 in a  variety  of  positions,  most  recently  as their
Logistics Operations Manager.

         Masanori  Sagara is based in Yokohama,  Japan and is the Regional  Vice
President - North Asia,  responsible for container leasing  activities in Japan,
Korea,  and Taiwan.  Mr. Sagara  joined  Textainer in 1990 and was the company's
Marketing  Director  in  Japan  through  1996.  From  1987 to  1990,  he was the
Marketing Manager at IEA. Mr. Sagara's other experience in the container leasing
business includes marketing  management at Genstar from 1984 to 1987 and various
container  operations  positions  with Thoresen & Company from 1979 to 1984. Mr.
Sagara  holds a Bachelor  of Science  degree in  Economics  from  Aoyama  Bakuin
University.

         Stefan Mackula is Vice President - Equipment  Resale,  responsible  for
coordinating the worldwide sale of equipment into secondary markets. Mr. Mackula
also  served  as Vice  President  -  Marketing  from  1989 to 1991  where he was
responsible for coordinating all leasing  activities in Europe,  Africa, and the
Middle East.  Mr. Mackula  joined  Textainer in 1983 as Leasing  Manager for the
United Kingdom. Prior to joining Textainer, Mr. Mackula held, beginning in 1972,
a variety of positions in the international container shipping industry.

         Anthony  C.  Sowry  is  Vice  President  -  Corporate   Operations  and
Acquisitions.  He is also a member of the Equipment Investment Committee and the
Credit   Committee  (see   "Committees",   below).   Mr.  Sowry  supervises  all
international  container  operations and maintenance and technical functions for
the fleets under Textainer's management.  In addition, he is responsible for the
acquisition of all new and used containers for the Textainer Group. He began his
affiliation  with  Textainer in 1982,  when he served as Fleet  Quality  Control
Manager for Textainer  Inc.  until 1988.  From 1980 to 1982,  he was  operations
manager for Trans Container  Services in London; and from 1978 to 1982, he was a
technical  representative  for Trans Ocean Leasing,  also in London. He received
his B.A. degree in business  management from the London School of Business.  Mr.
Sowry is a member of the Technical  Committee of the International  Institute of
Container Lessors and a certified container inspector.

         Richard G. Murphy is Vice President,  Risk Management,  responsible for
all credit and risk management functions.  He also supervises the administrative
aspects of  equipment  acquisitions.  He is a member of and acts as secretary to
the Equipment  Investment and Credit  Committees (see  "Committees",  below). He
previously  served as TEM's Director of Credit and Risk  Management from 1989 to
1991  and as  Controller  from  1988  to  1989.  Prior  to the  takeover  of the
management of the Interocean  Leasing Ltd. fleet by TEM in 1988, Mr. Murphy held
various  positions in the accounting and financial  areas with that company from
1980,  acting as Chief  Financial  Officer from 1984 to 1988.  Prior to 1980, he
held various  positions with firms of public  accountants in the U.K. Mr. Murphy
is an Associate of the Institute of Chartered  Accountants  in England and Wales
and holds a Bachelor of Commerce degree from the National University of Ireland.

         Janet  S.  Ruggero  is Vice  President,  Administration  and  Marketing
Services.  Ms.  Ruggero is  responsible  for the  tracking and billing of fleets
under TEM management, including direct responsibility for ensuring that all data
is input in an  accurate  and timely  fashion.  She assists  the  marketing  and
operations  departments by providing statistical reports and analyses and serves
on the Credit Committee (see "Committees", below). Prior to joining Textainer in
1986,  Ms.  Ruggero held various  positions with Gelco CTI over the course of 15
years,  the last one as Director of Marketing and  Administration  for the North
American  Regional  office in New York City.  She has a B.A. in  education  from
Cumberland College.

         Jens W. Palludan is based in Hackensack, New Jersey and is the Regional
Vice  President - Americas and  Logistics,  responsible  for  container  leasing
activities in North/South America and for coordinating  container logistics.  He
joined Textainer in 1993 as Regional Vice President - Americas/Africa/Australia,
responsible for coordinating all leasing  activities in North and South America,
Africa and  Australia/New  Zealand.  Mr.  Palludan  spent his  career  from 1969
through  1992 with  Maersk  Line of  Copenhagen,  Denmark  in a  variety  of key
management  positions in both Denmark and overseas.  Mr.  Palludan's most recent
position at Maersk was that of General Manager,  Equipment and Terminals,  where
he was  responsible  for the entire managed fleet.  Mr. Palludan holds an M.B.A.
from the Centre European D'Education Permanente, Fontainebleau, France.

         Sheikh  Isam K.  Kabbani is a director  of TGH and TL. He has served as
such since the Textainer Group's reorganization and formation of these companies
in 1993.  He is Chairman and  principal  stockholder  of the IKK Group,  Jeddah,
Saudi Arabia,  a  manufacturing  and trading group which is active both in Saudi
Arabia and internationally. In 1959 Sheikh Isam Kabbani joined the Saudi Arabian
Ministry of Foreign Affairs,  and in 1960 moved to the Ministry of Petroleum for
a period of ten years.  During this time he was seconded to the  Organization of
Petroleum Exporting Countries (OPEC). After a period as Chief Economist of OPEC,
in 1967 he became the Saudi Arabian member of OPEC's Board of Governors. In 1970
he left the ministry of Petroleum to establish  his own  business,  the National
Marketing Group, which has since been his principal  business  activity.  Sheikh
Kabbani holds a B.A. degree from Swarthmore College,  Pennsylvania,  and an M.A.
degree in Economics and International Relations from Columbia University.

         James A. C.  Owens is a  director  of TGH and TL.  Mr.  Owens  has been
associated  with the Textainer Group since 1980. In 1983 he was appointed to the
Board of Textainer  Inc., and served as President of Textainer Inc. from 1984 to
1987. From 1987 to 1998, Mr. Owens served as an alternate director on the Boards
of TI, TGH and TL and has served as  director  of TGH and TL since  1998.  Apart
from his association  with the Textainer  Group,  Mr. Owens has been involved in
insurance and financial brokerage companies and captive insurance companies.  He
is a member of a number of Boards of  Directors.  Mr.  Owens holds a Bachelor of
Commerce degree from the University of South Africa.

         S.  Arthur  Morris is a director  of TGH,  TEM and TL. He is a founding
partner in the firm of Morris and Kempe,  Chartered Accountants  (1962-1977) and
currently  functions  as a  correspondent  member of a number  of  international
accounting  firms through his firm Arthur Morris and Company (1977 to date).  He
is also President and director of Continental Management Limited (1977 to date).
Continental  Management Limited is a Bermuda corporation that provides corporate
representation,   administration  and  management  services  and  corporate  and
individual  trust  administration   services.  Mr.  Morris  has  over  30  years
experience in public  accounting and serves on numerous  business and charitable
organizations  in the Cayman  Islands and Turks and Caicos  Islands.  Mr. Morris
became a director of TL and TGH in 1993, and TEM in 1994.

         Dudley R.  Cottingham  is Assistant  Secretary,  Vice  President  and a
director  of TGH,  TEM and TL. He is a partner  with  Arthur  Morris and Company
(1977 to date) and a Vice  President  and  director  of  Continental  Management
Limited (1978 to date), both in the Cayman Islands and Turks and Caicos Islands.
Continental  Management Limited is a Bermuda corporation that provides corporate
representation,   administration  and  management  services  and  corporate  and
individual  trust  administration  services.  Mr.  Cottingham  has over 20 years
experience  in  public   accounting  with   responsibility   for  a  variety  of
international and local clients.  Mr. Cottingham became a director of TL and TGH
in 1993, and TEM in 1994.

         Nadine Forsman is the Controller of TCC and TFS. Additionally, she is a
member of the Investment Advisory Committee and Equipment  Investment  Committee
(See  "Committees"  below). As controller of TCC and TFS, she is responsible for
accounting, financial management and reporting functions for TCC and TFS as well
as  overseeing  all  communications  with  the  Limited  Partners  and as  such,
supervises  personnel in performing these functions.  Prior to joining Textainer
in August 1996, Ms. Forsman was employed by KPMG LLP, holding various positions,
the most  recent  of which was  manager,  from 1990 to 1996.  Ms.  Forsman  is a
Certified Public  Accountant and holds a B.S. in Accounting and Finance from San
Francisco State University.


Committees

          The Managing  General  Partner has  established  the  following  three
committees to facilitate decisions involving credit and organizational  matters,
negotiations,  documentation,  management and final disposition of equipment for
the Partnership and for other programs organized by the Textainer Group:

         Equipment  Investment  Committee.  The Equipment  Investment  Committee
reviews the equipment  leasing  operations of the Partnership on a regular basis
with emphasis on matters involving equipment  purchases,  equipment  remarketing
issues, and decisions regarding ultimate  disposition of equipment.  The members
of the committee are John A. Maccarone (Chairman),  James E. Hoelter, Anthony C.
Sowry, Richard G. Murphy (Secretary), Alex M. Brown, Philip K. Brewer, Robert D.
Pedersen, Ernest J. Furtado and Nadine Forsman.

         Credit Committee.  The Credit Committee  establishes  credit limits for
every lessee and potential  lessee of equipment and  periodically  reviews these
limits. In setting such limits,  the Credit Committee  considers such factors as
customer trade routes,  country,  political risk,  operational  history,  credit
references, credit agency analyses, financial statements, and other information.
The members of the Credit Committee are John A. Maccarone (Chairman), Richard G.
Murphy (Secretary), Janet S. Ruggero, Anthony C. Sowry, Philip K. Brewer, Ernest
J. Furtado and Robert D. Pedersen.

         Investment  Advisory  Committee.   The  Investment  Advisory  Committee
reviews investor program  operations on at least a quarterly basis,  emphasizing
matters  related  to cash  distributions  to  investors,  cash flow  management,
portfolio  management,  and liquidation.  The Investment  Advisory  Committee is
organized  with a view to  applying  an  interdisciplinary  approach,  involving
management,  financial,  legal  and  marketing  expertise,  to the  analysis  of
investor program  operations.  The members of the Investment  Advisory Committee
are  John  A.  Maccarone  (Chairman),   James  E.  Hoelter,  Ernest  J.  Furtado
(Secretary), Nadine Forsman, Harold J. Samson, Alex M. Brown and Neil I. Jowell.


ITEM 11.  EXECUTIVE COMPENSATION

The Registrant  has no executive  officers and does not reimburse TFS, TEM or TL
for the  remuneration  payable  to their  executive  officers.  For  information
regarding  reimbursements  made by the Registrant to the General  Partners,  see
note 2 of the Financial Statements in Item 8.


ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

(a)       Security Ownership of Certain Beneficial Owners

          There is no person or "Group" who is known to the Registrant to be the
          beneficial owner of more than five percent of the outstanding units of
          limited partnership interest in the Registrant.

(b)       Security Ownership of Management

          As of January 1, 2001:

                                                      Number
          Name of Beneficial Owner                    Of Units       % All Units
          ------------------------                    --------       -----------

          James E. Hoelter.......................       10,995           0.1631%
          John A. Maccarone......................        5,500           0.0816%
                                                        ------           -------

          Officers and Management
            as a Group..........................        16,495           0.2447%
                                                        ======           =======

(c)       Changes in control.

          Inapplicable.
<PAGE>

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

                             (Amounts in thousands)

(a)       Transactions with Management and Others.

          At December 31, 2000 and 1999, due from affiliates,  net, is comprised
          of:

                                                          2000              1999
                                                          ----              ----
          Due from affiliates:
            Due from TEM.........................       $  758            $  784
                                                          ----              ----

          Due to affiliates:
            Due to TL............................            1                 1
            Due to TCC...........................           12                15
            Due to TFS...........................           41                38
                                                          ----              ----
                                                            54                54
                                                          ----              ----

          Due from affiliates, net                      $  704            $  730
                                                          ====              ====

          These amounts  receivable from and payable to affiliates were incurred
          in the ordinary  course of business  between the  Partnership  and its
          affiliates and represent timing differences in the accrual and payment
          of expenses and fees described  above or in the accrual and remittance
          of net rental revenues and container sales proceeds from TEM.

          It is the policy of the Partnership and the General Partners to charge
          interest on amounts due to the General  Partners which are outstanding
          for more than one month,  to the extent such balances  relate to loans
          for  container  purchases.  Interest  is charged at a rate not greater
          than the  General  Partners'  or  affiliates'  own cost of funds.  The
          Partnership  incurred  $13 of  interest  expense on amounts due to the
          General Partners during the year ended December 31, 1998. There was no
          interest  expense  incurred  on amounts  due to the  General  Partners
          during the years ended December 31, 2000 or 1999.

          In addition,  the Registrant paid or will pay the following amounts to
          the General Partners and TAS:

          Acquisition  fees in  connection  with the purchase of  containers  on
          behalf of the Registrant:

                                        2000              1999              1998
                                        ----              ----              ----

                  TAS............       $  -               $ -               $31
                  TEM............        157                73                16
                                         ---                --                --

                  Total..........       $157               $73               $47
                                         ===                ==               ===

          Management fees in connection with the operations of the Registrant:

                                        2000              1999              1998
                                        ----              ----              ----

                  TEM............     $1,295            $1,310            $1,568
                  TFS............        312               368               403
                                       -----             -----             -----

                  Total..........     $1,607            $1,678            $1,971
                                       =====             =====             =====

           Reimbursement  for  administrative   costs  in  connection  with  the
           operations of the Registrant:

                                        2000              1999              1998
                                        ----              ----              ----

                  TEM............       $758              $816            $1,054
                  TFS............        112                97               110
                                         ---               ---             -----

                  Total..........       $870              $913            $1,164
                                         ===               ===             =====

(b)       Certain Business Relationships.

          Inapplicable.

(c)       Indebtedness of Management

          Inapplicable.

(d)       Transactions with Promoters

          Inapplicable.

See the  "Management"  and  "Compensation  of General  Partners and  Affiliates"
sections of the Registrant's Prospectus,  as supplemented,  and the Notes to the
Financial Statements in Item 8.



                                     PART IV

ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES, AND REPORTS ON FORM 8-K

(a)      1.       Audited  financial  statements of the  Registrant for the year
                  ended  December  31,  2000  are  contained  in  Item 8 of this
                  Report.

         2.       Financial Statement Schedules.

                  (i)   Independent Auditors' Report on Supplementary Schedule.

                  (ii)  Schedule II - Valuation and Qualifying Accounts.

         3.       Exhibits Incorporated by reference.

                  (i)   The    Registrant's    Prospectus    as   contained   in
                        Pre-Effective   Amendment  No.  2  to  the  Registrant's
                        Registration Statement (No. 33-44687), as filed with the
                        Commission   April  10,   1992,   as   supplemented   by
                        Post-Effective Amendment No. 3 filed with the Commission
                        under Section 8(c) of the  Securities Act of 1933 on May
                        25, 1993,  and as  supplemented  by Supplement  No. 8 as
                        filed under Rule 424(b) of the Securities Act of 1933 on
                        March 1, 1994.

                  (ii)  The Registrant's limited partnership agreement,  Exhibit
                        A to the Prospectus.

(b)      During the year ended  2000,  no reports on Form 8-K have been filed by
         the Registrant.



<PAGE>





             Independent Auditors' Report on Supplementary Schedule



The Partners
Textainer Equipment Income Fund IV, L.P.:

Under the date of February  16,  2001,  we  reported  on the  balance  sheets of
Textainer  Equipment  Income Fund IV, L.P. (the  Partnership) as of December 31,
2000 and 1999,  and the related  statements of earnings,  partners'  capital and
cash flows for each of the years in the  three-year  period  ended  December 31,
2000,  which are included in the 2000 annual  report on Form 10-K. In connection
with our audits of the aforementioned financial statements,  we also audited the
related  financial  statement  schedule  as  listed in Item 14.  This  financial
statement  schedule is the responsibility of the Partnership's  management.  Our
responsibility  is to express an opinion on this  financial  statement  schedule
based on our audits.

In our  opinion,  such  schedule,  when  considered  in  relation  to the  basic
financial  statements  taken  as a  whole,  presents  fairly,  in  all  material
respects, the information set forth therein.



                                    KPMG LLP



San Francisco, California
February 16, 2001


<PAGE>

<TABLE>
<CAPTION>




TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(A California Limited Partnership)

Schedule II - Valuation and Qualifying Accounts

(Amounts in thousands)
----------------------------------------------------------------------------------------------------------

                                                                 Charged                                       Balance
                                                Balance at       to Costs        Charged                        at End
                                                Beginning          and           to Other                         of
                                                of Period        Expenses        Accounts    Deduction          Period
                                                ----------       --------        --------    ---------          ------
<S>                                             <C>              <C>             <C>         <C>                <C>

For the year ended December 31, 2000:

Allowance for
  doubtful accounts                               $    749        $  (120)         $    -      $  (306)        $  323
                                                     -----          -----            ----        -----           ----


Recovery cost reserve                             $    186        $   140          $    -      $  (107)        $  219
                                                     -----          -----            ----        -----           ----


Damage protection
  plan reserve                                    $    544        $   385          $    -      $  (563)        $  366
                                                     -----          -----            ----        -----           ----


For the year ended December 31, 1999:

Allowance for
  doubtful accounts                               $    426        $   364          $    -      $   (41)        $  749
                                                     -----          -----            ----        -----           ----


Recovery cost reserve                             $    128        $   173          $    -      $  (115)        $  186
                                                     -----          -----            ----        -----           ----


Damage protection
  plan reserve                                    $    374        $   831          $    -      $  (661)        $  544
                                                     -----          -----            ----        -----           ----



For the year ended December 31, 1998:

Allowance for
  doubtful accounts                               $  1,433        $  (265)         $ (561)     $  (181)        $  426
                                                     -----          -----            ----        -----           ----

Recovery cost reserve                             $    139        $   268          $    -      $  (279)        $  128
                                                     -----          -----            ----        -----           ----


Damage protection
  plan reserve                                    $   405         $   388          $    -      $  (419)        $  374
                                                    -----           -----            ----        -----           ----

</TABLE>






<PAGE>


                                   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.

                                     TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
                                     A California Limited Partnership

                                     By Textainer Financial Services Corporation
                                     The Managing General Partner

                                     By__________________________
                                        Ernest J. Furtado
                                        Senior Vice President

Date:  March 20, 2001

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of Textainer  Financial
Services  Corporation,  the Managing  General Partner of the Registrant,  in the
capacities and on the dates indicated:
<TABLE>
<CAPTION>

Signature                                             Title                                    Date
<S>                                                   <C>                                      <C>


______________________________                        Senior Vice President, CFO               March 20, 2001
Ernest J. Furtado                                     (Principal Financial and
                                                      Accounting Officer),
                                                      Secretary and Director

______________________________                        President (Principal Executive           March 20, 2001
John A. Maccarone                                     Officer), and Director


______________________________                        Chairman of the Board and Director       March 20, 2001
Neil I. Jowell

</TABLE>




<PAGE>



                                   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.

                                     TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
                                     A California Limited Partnership


                                     By Textainer Financial Services Corporation
                                     The Managing General Partner

                                     By /s/Ernest J. Furtado
                                     ----------------------------------
                                     Ernest J. Furtado
                                     Senior Vice President

Date:  March 20, 2001


Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of Textainer  Financial
Services  Corporation,  the Managing  General Partner of the Registrant,  in the
capacities and on the dates indicated:
<TABLE>
<CAPTION>

Signature                                           Title                                     Date
<S>                                                 <C>                                       <C>

/s/Ernest J. Furtado                                                                          March 20, 2001
_____________________________________               Senior Vice President, CFO
Ernest J. Furtado                                   (Principal Financial and
                                                    Accounting Officer),
                                                    Secretary and Director

/s/John A. Maccarone                                                                          March 20, 2001

_____________________________________               President (Principal Executive
John A. Maccarone                                   Officer), and Director


/s/Neil I. Jowell                                                                             March 20, 2001
_____________________________________               Chairman of the Board and Director
Neil I. Jowell
</TABLE>