##### Table of Contents



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
 Washington, D.C. 20549
 FORM 10-Q
 þ
    
    QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
 For the quarterly period ended March 31, 2008
 OR
 o
    
    TRANSITION REPORT PURSUANT TO SECTION
13 OR 15(d) OF THE SECURITIES EXCHANGE
ACT OF 1934
 For the transition period from  to
 Commission file number 0-23158
 CRONOS GLOBAL INCOME FUND XIV, L.P.
  California
(State or other jurisdiction of 
incorporation or organization)
    
    94-3163375
(I.R.S. Employer
Identification No.)
 
 
 þ o
  Large accelerated filer o
    
    Accelerated filer o
    
    Non-accelerated filer o
    
    Smaller reporting company þ(Do not check if a smaller reporting company)
 o þ




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##### 



CRONOS GLOBAL INCOME FUND XIV, L.P.
 Report on Form 10-Q for the Quarterly Period
Ended March 31, 2008
 TABLE OF CONTENTS
 PAGEItem 1. Financial Statements
    
    
    1Condensed Balance Sheets  March 31, 2008 and December 31, 2007 (unaudited)
    
    
    2Condensed Statements of Income for the three months ended March 31, 2008 and 2007 (unaudited)
    
    
    3Condensed Statements of Cash Flows for the three months ended March 31, 2008 and 2007 (unaudited)
    
    
    4Notes to the Condensed Financial Statements (unaudited)
    
    
    5Item 2. Managements Discussion and Analysis of Financial Condition and Results of Operations
    
    
    11Item 3. Quantitative and Qualitative Disclosures About Market Risk
    
    
    15Item 4. Controls and Procedures
    
    
    15Item 4T. Controls and Procedures
    
    
    15PART II  OTHER INFORMATION
    
    
    16Item 1. Legal Proceedings
    
    
    16Item 1A. Risk Factors
    
    
    16Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
    
    
    16Item 3. Defaults Upon Senior Securities
    
    
    16Item 4. Submissions of Matters to a Vote of Securities Holders
    
    
    16Item 5. Other Information
    
    
    16Item 6. Exhibits
    
    
    16EXHIBIT 31.1EXHIBIT 31.2EXHIBIT 32




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PART I  FINANCIAL INFORMATION
 
 Financial Statements
   1




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CRONOS GLOBAL INCOME FUND XIV, L.P.
 
 Condensed Balance Sheets
 (Unaudited)
 March 31,
    
    
    December 31,2008
    
    
    2007AssetsCurrent assets:Cash and cash equivalents, includes $913,297 at March 31, 2008 and
$977,456 at December 31, 2007 in interest-bearing accounts
    
    $
    928,297
    
    
    $
    992,456Net lease receivables due from Leasing Agent
    
    
    223,485
    
    
    
    247,443Sales-type lease receivable, due from Leasing Agent within one year, net
    
    
    39,099
    
    
    
    39,086Total current assets
    
    
    1,190,881
    
    
    
    1,278,985Sales-type lease receivable, due from Leasing Agent after one year, net
    
    
    42,892
    
    
    
    52,576Container rental equipment, at cost
    
    
    12,781,619
    
    
    
    13,722,811Less accumulated depreciation
    
    
    (10,971,098
    )
    
    
    (11,567,119
    )Net container rental equipment
    
    
    1,810,521
    
    
    
    2,155,692Total assets
    
    $
    3,044,294
    
    
    $
    3,487,253Partners CapitalPartners capital:General partner
    
    $
    1,565
    
    
    $
    2,556Limited partners
    
    
    3,042,729
    
    
    
    3,484,697Total partners capital
    
    $
    3,044,294
    
    
    $
    3,487,253
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CRONOS GLOBAL INCOME FUND XIV, L.P.
 
 Condensed Statements of Income
 (Unaudited)
 Three Months EndedMarch 31,
    
    
    March 31,2008
    
    
    2007Net lease revenue from Leasing Agent
    
    $
    199,541
    
    
    $
    302,504Other operating income (expenses):Depreciation
    
    
    (194,936
    )
    
    
    (284,730
    )Other general and administrative expenses
    
    
    (45,762
    )
    
    
    (42,097
    )Net gain on disposal of equipment
    
    
    168,829
    
    
    
    120,725(71,869
    )
    
    
    (206,102
    )Income from operations
    
    
    127,672
    
    
    
    96,402Other income:Interest income
    
    
    3,568
    
    
    
    11,988Net income
    
    $
    131,240
    
    
    $
    108,390Allocation of net income:General partner
    
    $
    13,650
    
    
    $
    120,602Limited partners
    
    
    117,590
    
    
    
    (12,212
    )$
    131,240
    
    
    $
    108,390Limited partners per unit share of net income
    
    $
    0.04
    
    
    $
    
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CRONOS GLOBAL INCOME FUND XIV, L.P.
 
 Condensed Statements of Cash Flows
 (Unaudited)
 Three Months EndedMarch 31,
    
    
    March 31,2008
    
    
    2007Net cash provided by operating activities
    
    $
    176,974
    
    
    $
    339,643Cash flows from investing activities:Proceeds from sale of container rental equipment
    
    
    333,068
    
    
    
    394,454Cash flows from financing activities:Distribution to general partner
    
    
    (14,643
    )
    
    
    (20,130
    )Distribution to limited partners
    
    
    (559,558
    )
    
    
    (683,904
    )Net cash used in financing activities
    
    
    (574,201
    )
    
    
    (704,034
    )Net (decrease) increase in cash and cash equivalents
    
    
    (64,159
    )
    
    
    30,063Cash and cash equivalents at the beginning of the period
    
    
    992,456
    
    
    
    1,042,791Cash and cash equivalents at the end of the period
    
    $
    928,297
    
    
    $
    1,072,854
  4




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CRONOS GLOBAL INCOME FUND XIV, L.P.
 Notes to Unaudited Condensed Financial Statements
 (1)
    
    Summary of Significant Accounting Policies
 (a)
    
    Nature of OperationsCronos Global Income Fund XIV, L.P. (the Partnership) is a limited partnership organized
under the laws of the State of California on July 30, 1992, for the purpose of owning and
leasing marine cargo containers to ocean carriers. The Partnership commenced operations on
January 29, 1993 when the minimum subscription proceeds of $2,000,000 were obtained. The
Partnership offered 4,250,000 units of limited partnership interests at $20 per unit, or
$85,000,000. The offering terminated on November 30, 1993, at which time 2,984,309 limited
partnership units had been sold.Cronos Capital Corp. (CCC), the general partner and its affiliate, Cronos Containers
Limited (the Leasing Agent), manage the business of the Partnership. CCC and the Leasing
Agent also manage the container leasing business for other partnerships affiliated with
CCC.The Partnership has completed its 15th year of operations. Future periods are expected to
generate diminishing results as the Partnerships smaller fleet now has a greater impact on
its operations than global economic growth and container trade. The General Partner
anticipates liquidating the remaining containers in the fleet by year-end 2008 but no final
decision has been made. CCC will suspend the cash distribution for May 2008 and all
subsequent distributions while the liquidation of the remaining containers in the fleet is
evaluated. CCC intends to make one or more liquidating distributions to the Limited
Partners on or before the termination of the Partnership, or reinstate the monthly cash
distributions should no decision be made to liquidate the fleet by year-end 2008. At March
31, 2008, approximately 31% of the original equipment remained in the Partnerships fleet.(b)
    
    Leasing AgentThe Partnership and the Leasing Agent have entered into an agreement (the Leasing Agent
Agreement) whereby the Leasing Agent manages the leasing operations for all equipment
owned by the Partnership. In addition to responsibility for leasing and re-leasing the
equipment to ocean carriers, the Leasing Agent disposes of the containers at the end of
their useful economic life and has full discretion over which ocean carriers and suppliers
of goods and services it may deal with. The Leasing Agent Agreement permits the Leasing
Agent to use the containers owned by the Partnership, together with other containers owned
or managed by the Leasing Agent and its affiliates, as part of a single fleet operated
without regard to ownership. The Leasing Agent Agreement generally provides that the
Leasing Agent will make payments to the Partnership based upon rentals collected from ocean
carriers after deducting direct operating expenses and management fees due both to CCC and
the Leasing Agent.The Leasing Agent leases containers to ocean carriers, generally under operating leases
which are either master leases or term leases (mostly one to five years). Master leases do
not specify the exact number of containers to be leased or the term that each container
will remain on hire but allow the ocean carrier to pick up and drop off containers at
various locations, and rentals are charged and recognized based upon the number of
containers used and the applicable per-diem rate. Accordingly, rentals under master leases
are all variable and contingent upon the number of containers used.Term leases are for a fixed quantity of containers for a fixed period of time, typically
varying from three to five years. In most cases, containers cannot be returned prior to
the expiration of the lease. Term lease agreements may contain early termination penalties
that apply in the event of early redelivery. Term leases provide greater revenue stability
to the lessor, usually at lower lease rates than master leases. Ocean carriers use term
leases to lower their operating costs when they have a need for an identified number of
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CRONOS GLOBAL INCOME FUND XIV, L.P.
 Notes to Unaudited Condensed Financial Statements
 (1)
    
    Summary of Significant Accounting Policies (continued)
 (b)
    
    Leasing Agent (continued)containers for a specified term. Rentals under term leases are charged and recognized based upon the number of containers
leased, the applicable per diem rate and the length of the lease, irrespective of the
number of days which the customer actually uses the containers.Sales-type leases are long-term in nature, usually ranging from three to seven years, and
require relatively low levels of customer service. They ordinarily require fixed payments
over a defined period and provide customers with an option to purchase the subject
containers at the end of the lease term. Per-diem rates include an element of repayment of
capital and therefore are usually higher than rates charged under either term or master
leases.(c)
    
    Basis of PresentationThe accompanying unaudited condensed financial statements have been prepared in
accordance with accounting principles generally accepted in the United States of America
for interim financial information and with the instructions to Form 10-Q and Article 10 of
Regulation S-X. Accordingly, they do not include all of the information and footnotes
required by accounting principles generally accepted in the United States of America for
annual financial statements. In the opinion of management, all adjustments (consisting of
normal recurring accruals) considered necessary for a fair presentation have been included.
Operating results for the interim period are not necessarily indicative of the results
that may be expected for the fiscal year ending December 31, 2008. For further
information, refer to the financial statements and footnotes thereto included in the
Partnerships Annual Report on Form 10-K for the year ended December 31, 2007.(d)
    
    Use of Estimates in interim financial statementsThe preparation of interim financial statements, in conformity with US GAAP and SEC
regulations for interim reporting, requires the Partnership to make estimates and
assumptions that affect the reported amounts of assets and liabilities and disclosure of
contingent assets and liabilities at the date of the financial statements and the reported
amounts of revenues and expenses during the reported period. The most significant
estimates relate to the carrying value of equipment including estimates relating to
depreciable lives, residual values and asset impairments. Actual results could differ from
those estimates.(e)
    
    Container Rental EquipmentContainer rental equipment is depreciated over a 15-year life using the straight-line basis
to its residual value of 10% of original equipment cost. Depreciation policies are also
evaluated to determine whether subsequent events and circumstances warrant revised
estimates of useful lives. Residual values are only revised downwards.In accordance with Statement of Financial Accounting Standards (SFAS) No. 144,
Accounting for the Impairment or Disposal of Long-Lived Assets, container rental
equipment is considered to be impaired if the carrying value of the asset exceeds the
expected future cash flows from related operations (undiscounted and without interest
charges). If impairment is deemed to exist, the assets are
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CRONOS GLOBAL INCOME FUND XIV, L.P.
 Notes to Unaudited Condensed Financial Statements
 (1)
    
    Summary of Significant Accounting Policies (continued)
 (e)
    
    Container Rental Equipment (continued)written down to fair value. An
analysis of projected future cash flows from container operations is prepared annually, or upon
material changes in market conditions. The primary variables utilized in the analysis are
current and projected utilization rates, per-diem rental rates, direct operating expenses,
fleet size and timing of container disposals. Additionally, the Partnership evaluates
future cash flows and potential impairment for its entire container fleet rather than for
each container type or individual container, and as a result, future losses could result
for individual container dispositions due to various factors, including age, condition,
suitability for continued leasing, as well as the geographical location of containers when
disposed. There were no impairment charges to the carrying value of container rental
equipment for the three-month periods ended March 31, 2008 and 2007.(f)
    
    Allocation of Net Income or Loss, Partnership Distributions and Partners
CapitalNet income or loss has been allocated between the general and limited partners in
accordance with the Partnership Agreement. The Partnership Agreement generally provides
that CCC shall at all times maintain at least a 1% interest in each item of income or loss,
including the gain arising from the sale of containers. The Partnership Agreement further
provides that the gain arising from the sale of containers be allocated first to the
partners with capital account deficit balances in an amount sufficient to eliminate any
deficit capital account balance. Thereafter, the Partnerships gains arising from the sale
of containers are allocated to the partners in accordance with their share of sale proceeds
distributed. The Partnership Agreement also provides for income (excluding the gain
arising from the sale of containers) for any period, be allocated to CCC in an amount equal
to that portion of CCCs distributions in excess of 1% of the total distributions made to
both CCC and the limited partners of the Partnership for such period, as well as other
allocation adjustments.Actual cash distributions differ from the allocations of net income or loss between the
general and limited partners as presented in these financial statements. Partnership
distributions are paid to its partners (general and limited) from distributable cash from
operations, allocated 95% to the limited partners and 5% to CCC. Distributions of sales
proceeds are allocated 99% to the limited partners and 1% to CCC. The allocations remain
in effect until such time as the limited partners have received from the Partnership
aggregate distributions in an amount equal to their capital contributions plus an 8%
cumulative, compounded (daily), annual return on their adjusted capital contributions.
Thereafter, all Partnership distributions will be allocated 85% to the limited partners and
15% to CCC. Cash distributions from operations to CCC in excess of 5% of distributable
cash will be considered an incentive fee and will be recorded as compensation to CCC, with
the remaining distributions from operations charged to partners capital.Upon dissolution, the assets of the Partnership will be sold and the proceeds thereof
distributed as follows: (i) all of the Partnerships debts and liabilities to persons
other than CCC or the limited partners shall be paid and discharged; (ii) all of the
Partnerships debts and liabilities to CCC and the limited partners shall be paid and
discharged; and (iii) the balance of such proceeds shall be distributed to CCC and the
limited partners in accordance with the positive balances of CCC and the limited partners
capital accounts. CCC shall contribute to the Partnership, if necessary, an amount equal
to the lesser of the deficit balance in its capital account at the time of such
liquidation, or 1.01% of the excess of the Limited Partners capital contribution to the
Partnership over the capital contributions previously made to the Partnership by CCC, after
giving effect to the allocation of income or loss arising from the liquidation of the
Partnerships assets.
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CRONOS GLOBAL INCOME FUND XIV, L.P.
 Notes to Unaudited Condensed Financial Statements
 (1)
    
    Summary of Significant Accounting Policies (continued)
 (g)
    
    Accounting pronouncements adopted during the periodOn February 15, 2007 the Financial Accounting Standards Board (FASB) issued SFAS No. 159,
The Fair Value Option for Financial Assets and Financial Liabilities  Including an
Amendment of FASB Statement No. 115 (SFAS 159). This standard permits an entity to
choose to measure many financial instruments and certain other items at fair value. The
unrealized gains and losses on items for which the fair value option has been elected will
be reported in earnings at each subsequent reporting date. The fair value option: (a) may
be applied instrument by instrument, with a few exceptions, such as investments otherwise
accounted for by the equity method; (b) is irrevocable (unless a new election date occurs);
and (c) is applied only to entire instruments and not to portions of instruments. On
January 1, 2008 the Partnership adopted SFAS 159, however, the Partnership has elected not
to use the fair value option for any of its existing financial assets and liabilities and
consequently, adoption had no impact.In September 2006 the FASB issued SFAS No. 157, Fair Value Measurements (SFAS 157),
which provides a single definition of fair value, establishes a framework for the
measurement of fair value and expands disclosure about the use of fair value to measure
assets and liabilities. SFAS 157 is effective for fiscal years beginning after November 15,
2007, and for interim periods within those fiscal years. In November 2007, the FASB agreed
to defer the effective date of Statement 157 for all non-financial assets and liabilities
by one year. The Partnership adopted the effective provisions of SFAS 157 as of January 1,
2008. There was no impact to the condensed interim financial statements upon adoption. At
March 31, 2008, the Partnership did not have any financial assets or liabilities that were
subject to the expanded disclosures regarding fair value measurements, consequently
adoption had no disclosure impact.
 (2)
    
    Net Lease Receivables Due from Leasing AgentNet lease receivables due from Leasing Agent at March 31, 2008 and December 31, 2007 comprised:
 March 31,
    
    
    December 31,2008
    
    
    2007Gross lease receivables
    
    $
    610,490
    
    
    $
    637,593Less:Direct operating payables and accrued expenses
    
    
    126,854
    
    
    
    133,399Base management fees payable
    
    
    14,973
    
    
    
    8,413Reimbursed administrative expenses
    
    
    4,753
    
    
    
    5,527Allowance for doubtful accounts
    
    
    240,425
    
    
    
    242,811387,005
    
    
    
    390,150Net lease receivables due from Leasing Agent
    
    $
    223,485
    
    
    $
    247,443
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CRONOS GLOBAL INCOME FUND XIV, L.P.
 Notes to Unaudited Condensed Financial Statements
 (3)
    
    Net Lease RevenueNet lease revenue for the three-month periods ended March 31, 2008 and 2007 comprised:
 Three Months EndedMarch 31,
    
    
    March 31,2008
    
    
    2007Gross lease revenue
    
    $
    264,402
    
    
    $
    406,338Less:Direct operating expenses
    
    
    31,224
    
    
    
    52,239Base management fees
    
    
    18,310
    
    
    
    27,954Reimbursed administrative expensesSalaries
    
    
    11,430
    
    
    
    15,749Other payroll related expenses
    
    
    1,403
    
    
    
    2,955General and administrative expenses
    
    
    2,494
    
    
    
    4,937Total reimbursed administrative expenses
    
    
    15,327
    
    
    
    23,64164,861
    
    
    
    103,834Net lease revenue
    
    $
    199,541
    
    
    $
    302,504
 (4)
    
    Operating SegmentAn operating segment is a component of an enterprise that engages in business activities from
which it may earn revenues and incur expenses, whose operating results are regularly reviewed
by the enterprises chief operating decision maker to make decisions about resources to be
allocated to the segment and assess its performance, and about which separate financial
information is available. The general partner operates the Partnerships container fleet as a
homogenous unit and have determined that as such, it has a single reportable operating segment.A summary of gross lease revenue earned by each Partnership container type for the three-month
periods ended March 31, 2008 and 2007 follows:
 Three Months EndedMarch 31,
    
    
    March 31,2008
    
    
    2007Dry cargo containers
    
    $
    227,995
    
    
    $
    330,523Refrigerated containers
    
    
    36,407
    
    
    
    75,815Total
    
    $
    264,402
    
    
    $
    406,338
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CRONOS GLOBAL INCOME FUND XIV, L.P.
 Notes to Unaudited Condensed Financial Statements
 (5)
    
    Limited Partners CapitalCash distributions made to the limited partners for the three-month periods ended March 31,
2008 and 2007 were as follows:
 Three Months EndedMarch 31,
    
    
    March 31,2008
    
    
    2007Cash Distribution from Operations
    
    $
    211,389
    
    
    $
    310,866Cash Distribution from Sales Proceeds
    
    
    348,169
    
    
    
    373,038Total Cash Distributions
    
    $
    559,558
    
    
    $
    683,904
 These distributions are used in determining Adjusted Capital Contributions as defined by the
Partnership Agreement.The limited partners per unit share of capital was $1 at March 31, 2008 and
December 31, 2007,
respectively. This is calculated by dividing the limited partners capital at the end of
March 31, 2008 and December 31, 2007 by 2,984,309, the total number of outstanding
limited partnership units.
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Managements Discussion and Analysis of Financial Condition and Results of Operations
  Results of Operations
 Overview
    Dry Cargo
    
    RefrigeratedContainers
    
    Containers40-Foot20-Foot
    
    40-Foot
    
    High-Cube
    
    20-Foot
    
    40-FootContainers on lease:Master lease
    
    
    1,667
    
    
    
    516
    
    
    
    95
    
    
    
    41
    
    
    
    1Term leaseShort term1
    
    
    327
    
    
    
    57
    
    
    
    2
    
    
    
    9
    
    
    
    Long term2
    
    
    919
    
    
    
    365
    
    
    
    23
    
    
    
    8
    
    
    
    11,246
    
    
    
    422
    
    
    
    25
    
    
    
    17
    
    
    
    1Subtotal
    
    
    2,913
    
    
    
    938
    
    
    
    120
    
    
    
    58
    
    
    
    2Containers off lease
    
    
    91
    
    
    
    30
    
    
    
    11
    
    
    
    5
    
    
    
    Total container fleet
    
    
    3,004
    
    
    
    968
    
    
    
    131
    
    
    
    63
    
    
    
    2
 
 1.
    
    Short term leases represent term leases that are either scheduled for renegotiation or
that may expire on or before March 2009.2.
    
    Long term leases represent term leases, the majority of which will expire between April
2009 and December 2012.  
    
    Activity-related expenses, including agent and depot costs such as repairs,
maintenance and handling;
    
    Inventory-related expenses for off-hire containers, comprising storage and
repositioning costs. These costs are sensitive to the quantity of off-hire containers
as well as the frequency at which containers are re-delivered and the frequency and size
of repositioning moves undertaken;
    
    Legal and other expenses, including legal costs related to the recovery of containers
and doubtful accounts, insurance and provisions for doubtful accounts.
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Dry Cargo
    
    RefrigeratedContainers
    
    Containers40-Foot20-Foot
    
    40-Foot
    
    High-Cube
    
    20-Foot
    
    40-FootUnits
    
    %
    
    Units
    
    %
    
    Units
    
    %
    
    Units
    
    %
    
    Units
    
    %Total purchases
    
    
    8,778
    
    
    
    100
    %
    
    
    3,612
    
    
    
    100
    %
    
    
    216
    
    
    
    100
    %
    
    
    511
    
    
    
    100
    %
    
    
    350
    
    
    
    100
    %Less disposals
    
    
    5,774
    
    
    
    66
    %
    
    
    2,644
    
    
    
    73
    %
    
    
    85
    
    
    
    39
    %
    
    
    448
    
    
    
    88
    %
    
    
    348
    
    
    
    99
    %Remaining fleet at March 31, 2008
    
    
    3,004
    
    
    
    34
    %
    
    
    968
    
    
    
    27
    %
    
    
    131
    
    
    
    61
    %
    
    
    63
    
    
    
    12
    %
    
    
    2
    
    
    
    1
    %
  
    
    The Leasing Agent extended certain expiring leases at lower rental rates;
    
    Off hire containers were placed on leases at rates that, although they resulted in a
reduction in the average per-diem rental rates, they also significantly lowered inventory
levels;
    
    The overall lease market for the Partnerships older containers continues to be very
competitive and, therefore, subject to significant pricing pressures.
   Three Months EndedMarch 31,
    
    March 31,2008
    
    2007Fleet size (measured in twenty-foot equivalent units (TEU))Dry cargo containers
    
    
    5,349
    
    
    
    6,763Refrigerated containers
    
    
    101
    
    
    
    182Average utilization ratesDry cargo containers
    
    
    97
    %
    
    
    97
    %Refrigerated containers
    
    
    92
    %
    
    
    70
    %
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Three Months Ended March 31, 2008 Compared to the Three Months Ended March 31, 2007
 Overview
 Net income
 
    
    an increase in the gains recognized on the disposal of equipment;
    
    this increase was partially offset by a decline in net lease revenue, in line with the
reduction in size of the fleet.
 Analysis and discussion
 Net lease revenue
 Depreciation expense
 Other general and administrative expenses
 Net gain on disposal of equipment
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Liquidity and Capital Resources
     Cash from Operating Activities:
 Cash from Investing Activities:
 Cash from Financing Activities
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##### Table of Contents



Critical Accounting Policies
  
    
    Container equipment  depreciable lives and residual values
    
    Container equipment  recoverability and valuation in accordance with SFAS 144
Accounting for the Impairment or Disposal of Long Lived Assets
    
    Allowance for doubtful accounts
  Inflation
  
 Quantitative and Qualitative Disclosures About Market Risk
 Exchange rate risk:
 
 Controls and Procedures
  
 Controls and Procedures
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PART II  OTHER INFORMATION
 
 Legal Proceedings
  
 Risk Factors
  
 Unregistered Sales of Equity Securities and Use of Proceeds
  
 Defaults Upon Senior Securities
  
 Submissions of Matters to a Vote of Securities Holders
  
 Other Information
  
 Exhibits
  ExhibitNo.
    
    Description
    
    Method of Filing3(a)
    
    Limited Partnership Agreement, amended
and restated as of December 2, 1992
    
    *3(b)
    
    Certificate of Limited Partnership
    
    **10
    
    Form of Leasing Agent Agreement with
Cronos Containers Limited
    
    ***31.1
    
    Rule 13a-14 Certification
    
    Filed with this document31.2
    
    Rule 13a-14 Certification
    
    Filed with this document32
    
    Section 1350 Certification
    
    Filed with this document****
 
 *
    
    Incorporated by reference to Exhibit A to the Prospectus of the Partnership dated December
2, 1992, included as part of Registration Statement on Form S-1 (No. 33-51810)**
    
    Incorporated by reference to Exhibit 3.2 to the Registration Statement on Form S-1 (No.
33-51810)***
    
    Incorporated by reference to Exhibit 10.2 to the Registration Statement on Form S-1 (No.
33-51810)****
    
    This certification, required by Section 906 of the Sarbanes-Oxley Act of 2002, other than as
required by Section 906, is not to be deemed filed with the Commission or subject to the
rules and regulations promulgated by the Commission under the Securities Exchange Act of 1934,
as amended, or to the liabilities of Section 18 of said Act. 16




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##### Table of Contents



SIGNATURES
  CRONOS GLOBAL INCOME FUND XIV, L.P.By
    Cronos Capital Corp.The General PartnerBy
    /s/ Dennis J. TietzDennis J. TietzPresident and Director of Cronos
Capital Corp. (CCC)
Principal Executive Officer of CCCBy
    /s/ Frank P. VaughanFrank P. VaughanChief Financial Officer and
Director of Cronos Capital Corp. (CCC)
Principal Financial and Accounting Officer of CCC  17




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##### Table of Contents



EXHIBIT INDEX
 ExhibitNo.
    
    Description
    
    Method of Filing3(a)
    
    Limited Partnership Agreement, amended
and restated as of December 2, 1992
    
    *3(b)
    
    Certificate of Limited Partnership
    
    **10
    
    Form of Leasing Agent Agreement with
Cronos Containers Limited
    
    ***31.1
    
    Rule 13a-14 Certification
    
    Filed with this document31.2
    
    Rule 13a-14 Certification
    
    Filed with this document32
    
    Section 1350 Certification
    
    Filed with this document
****
 
 *
    
    Incorporated by reference to Exhibit A to the Prospectus of the Partnership dated December
2, 1992, included as part of Registration Statement on Form S-1 (No. 33-51810)**
    
    Incorporated by reference to Exhibit 3.2 to the Registration Statement on Form S-1 (No.
33-51810)***
    
    Incorporated by reference to Exhibit 10.2 to the Registration Statement on Form S-1 (No.
33-51810)****
    
    This certification, required by Section 906 of the Sarbanes-Oxley Act of 2002, other than as
required by Section 906, is not to be deemed filed with the Commission or subject to the
rules and regulations promulgated by the Commission under the Securities Exchange Act of 1934,
as amended, or to the liabilities of Section 18 of said Act.