Form 10-Q

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                |X|     Quarterly Report Pursuant to Section 13 or 15(d) of
                        the Securities Exchange Act of 1934.
                        For the quarterly period ended September 30, 1999

                |_|     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 000-23842

                       ATEL Cash Distribution Fund V, L.P.
             (Exact name of registrant as specified in its charter)


California                                                         94-3165807
(State or other jurisdiction of                               (I. R. S. Employer
incorporation or organization)                               Identification No.)


           235 Pine Street, 6th Floor, San Francisco, California 94104
                    (Address of principal executive offices)


       Registrant's telephone number, including area code: (415) 989-8800


Indicate  by a 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.
                                                       Yes        |X|
                                                        No        |_|

                       DOCUMENTS INCORPORATED BY REFERENCE

                                      None




<PAGE>

                          Part I. FINANCIAL INFORMATION

                      Item 1:  Financial Statements.


<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                                 BALANCE SHEETS

                    SEPTEMBER 30, 1999 AND DECEMBER 31, 1998
                                   (Unaudited)

                                     ASSETS


                                                 1999               1998
                                                 ----               ----
Cash                                             $5,066,050        $ 8,872,945

Accounts receivable                               1,658,983          2,050,366

Notes receivable                                  1,283,359            995,175

Investments in leases                            63,680,434         74,753,369
                                            ----------------  -----------------
                                               $ 71,688,826       $ 86,671,855
                                            ================  =================




                       LIABILITIES AND PARTNERS' CAPITAL


Non-recourse debt                              $ 23,924,232       $ 29,331,123
Line of credit                                            -          1,000,000
Accounts payable
   Other                                            417,579            348,769
   General Partner                                  105,966            217,385
   Equipment purchases                                    -            178,200
Accrued interest                                     80,371            104,179
Unearned lease income                               660,021            871,146
                                            ----------------  -----------------
Total liabilities                                25,188,169         32,050,802

Partners' capital:
   General Partner                                  149,117            117,833
   Limited Partners                              46,351,540         54,503,220
                                            ----------------  -----------------
Total partners' capital                          46,500,657         54,621,053
                                            ----------------  -----------------
Total liabilities and partners' capital        $ 71,688,826       $ 86,671,855
                                            ================  =================

                             See accompanying notes.
<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                                INCOME STATEMENTS

                       NINE AND THREE MONTH PERIODS ENDED
                           SEPTEMBER 30, 1999 AND 1998


<TABLE>
<CAPTION>
                                                     Nine Months Ended                  Three Months Ended
                                                       September 30,                      September 30,
                                                       -------------                      -------------
                                                   1999             1998              1999               1998
                                                   ----             ----              ----               ----
Revenues:
Leasing activities:
<S>                                               <C>              <C>                <C>               <C>
   Operating leases                               $10,489,356      $13,997,923        $3,237,430        $ 4,547,932
   Direct financing leases                          1,330,480        1,625,523           416,433            521,411
   Leveraged leases                                    74,818           82,326            24,939             27,442
   Gain (loss) on sales of assets                     233,547          210,920          (258,557)            83,085
Interest income                                       215,767           13,160            68,590              3,722
Other                                                  (1,410)          23,452             5,959             10,913
                                              ---------------- ----------------  ----------------  -----------------
                                                   12,342,558       15,953,304         3,494,794          5,194,505
Expenses:
Depreciation and amortization                       6,234,664        8,962,402         2,043,712          2,916,726
Interest                                            1,579,828        2,148,109           488,760            686,708
Management fees                                       794,182          989,811           208,975            348,813
Other                                                 341,731          582,323           132,636            272,600
Administrative cost reimbursements                    263,709          300,998           118,969             70,916
Provision for losses                                        -           55,409                 -                  -
                                              ---------------- ----------------  ----------------  -----------------
                                                    9,214,114       13,039,052         2,993,052          4,295,763
                                              ---------------- ----------------  ----------------  -----------------
Net income                                        $ 3,128,444       $2,914,252         $ 501,742          $ 898,742
                                              ================ ================  ================  =================


Net income:
     General Partner                                 $ 31,284         $ 29,143           $ 5,017            $ 8,987
     Limited Partners                               3,097,160        2,885,109           496,725            889,755
                                              ---------------- ----------------  ----------------  -----------------
                                                  $ 3,128,444       $2,914,252         $ 501,742          $ 898,742
                                              ================ ================  ================  =================

Net income per Limited Partnership unit                $ 0.25           $ 0.23            $ 0.04             $ 0.07

Weighted average number of units outstanding       12,497,000       12,497,000        12,497,000         12,497,000


</TABLE>
                             See accompanying notes.

<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                    STATEMENT OF CHANGES IN PARTNERS' CAPITAL

                             NINE MONTH PERIOD ENDED
                               SEPTEMBER 30, 1999
                                   (Unaudited)

<TABLE>
<CAPTION>
                                            Limited Partners            General
                                       Units           Amount            Partner            Total

<S>                                    <C>             <C>                 <C>             <C>
Balance December 31, 1998              12,497,000      $54,503,220         $ 117,833       $ 54,621,053
Distributions to limited partners                      (11,248,840)                -        (11,248,840)
Net income                                               3,097,160            31,284          3,128,444
                                  ---------------- ----------------  ----------------  -----------------
Balance September 30, 1999             12,497,000      $46,351,540         $ 149,117       $ 46,500,657
                                  ================ ================  ================  =================
</TABLE>

                             See accompanying notes.

<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                             STATEMENT OF CASH FLOWS

                       NINE AND THREE MONTH PERIODS ENDED
                           SEPTEMBER 30, 1999 AND 1998
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                   Nine Months Ended                 Three Months Ended
                                                                     September 30,                      September 30,
                                                                     -------------                      -------------
                                                                 1999             1998              1999               1998
                                                                 ----             ----              ----               ----
Operating activities:
<S>                                                             <C>               <C>                <C>                <C>
Net income                                                      $ 3,128,444       $2,914,252         $ 501,742          $ 898,742
Adjustments to reconcile net income to net cash
     provided by operations
   Depreciation and amortization                                  6,234,664        8,962,402         2,043,712          2,916,726
   Leveraged lease income                                           (74,818)               -           (24,939)                 -
   Gain on sale of assets                                          (233,547)        (210,920)          258,557            (83,085)
   Provision for losses                                                   -           55,409                 -                  -
Changes in operating assets and liabilities:
      Accounts receivable                                           391,383          (38,302)           82,140           (186,773)
      Accounts payable, General Partner                            (111,419)        (122,037)           42,628            191,918
      Accounts payable, other                                        68,810        1,329,015            10,429          1,303,729
      Unearned lease income                                        (211,125)         (82,621)          (15,007)            56,090
      Accrued interest                                              (23,808)         (99,652)           (7,475)           (68,984)
                                                            ---------------- ----------------  ----------------  -----------------
Net cash provided by operating activities                         9,168,584       12,707,546         2,891,787          5,028,363
                                                            ---------------- ----------------  ----------------  -----------------

Investing activities:
Purchase of equipment on operating leases                          (178,200)             352                 -            (11,796)
Reductions in investment in direct financing leases               1,331,428        1,174,710           165,636            109,180
Reductions in investment in leveraged leases                        476,332          259,681           153,145            118,952
Payments received on notes receivable                                     -          359,618                 -            159,570
Proceeds from sales of assets                                     3,050,692        3,551,993           797,701            948,112
                                                            ---------------- ----------------  ----------------  -----------------
Net cash provided by investing activities                         4,680,252        5,346,354         1,116,482          1,324,018
                                                            ---------------- ----------------  ----------------  -----------------
</TABLE>


                       ATEL CASH DISTRIBUTION FUND V, L.P.

                             STATEMENT OF CASH FLOWS

                       NINE AND THREE MONTH PERIODS ENDED
                           SEPTEMBER 30, 1999 AND 1998
                                   (Unaudited)


<TABLE>
<CAPTION>
                                                                   Nine Months Ended                  Three Months Ended
                                                                     September 30,                      September 30,
                                                                     -------------                      -------------
                                                                 1999             1998              1999               1998
                                                                 ----             ----              ----               ----
<S>                                                             <C>                <C>              <C>                 <C>
Financing activities:
Distributions to limited partners                               (11,248,840)     (11,103,092)       (3,749,100)        (3,748,862)
Repayments of non-recourse debt                                  (5,406,891)      (7,485,362)       (1,686,443)        (2,606,580)
Repayment of line of credit                                      (1,000,000)               -                 -                  -
Borrowings under line of credit                                           -        1,000,000                 -            500,000
                                                            ---------------- ----------------  ----------------  -----------------
Net cash used in financing activities                           (17,655,731)     (18,588,454)       (5,435,543)        (6,355,442)
                                                            ---------------- ----------------  ----------------  -----------------
Net decrease in cash and cash equivalents                        (3,806,895)        (534,554)       (1,427,274)            (3,061)
Cash and cash equivalents at beginning
   of period                                                      8,872,945          733,263         6,493,324            701,770
                                                            ---------------- ----------------  ----------------  -----------------
Cash and cash equivalents at end of period                      $ 5,066,050        $ 500,020        $5,066,050          $ 500,020
                                                            ================ ================  ================  =================


Supplemental disclosure of cash flow information:

Cash paid for interest during period                            $ 1,603,636       $2,247,761         $ 496,235          $ 755,692
                                                            ================ ================  ================  =================

Supplemental schedule of non-cash transactions:

Direct financing lease assets reclassified to notes
   receivable                                                     $ 288,184        $ 704,898         $ 288,184
                                                            ================ ================  ================
</TABLE>



                             See accompanying notes.


<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                               SEPTEMBER 30, 1999
                                   (Unaudited)


1.  Interim financial statements:

The unaudited interim financial statements reflect all adjustments which are, in
the opinion of the general partners,  necessary to a fair statement of financial
position and results of operations for the interim periods  presented.  All such
adjustments are of a normal recurring nature.  These unaudited interim financial
statements  should be read in  conjunction  with the most recent  report on Form
10K.


2. Organization and partnership matters:

ATEL Cash Distribution Fund V, L.P. (the Partnership), was formed under the laws
of the State of California  on September 23, 1992,  for the purpose of acquiring
equipment to engage in equipment leasing and sales activities.  Contributions in
the  aggregate  of $600 were  received  as of  October  6,  1992,  $100 of which
represented  the  General  Partner's  continuing  interest,  and  $500 of  which
represented the Initial Limited Partners' capital investment.

Upon the sale of the  minimum  amount of Units of Limited  Partnership  interest
(Units) of $1,200,000 and the receipt of the proceeds thereof on March 19, 1993,
the Partnership commenced operations.  The Fund or the General Partner on behalf
of the Fund, will incur costs in connection with the organization,  registration
and  issuance  of the Units.  The amount of such costs to be born by the Fund is
limited by certain provisions in the Agreement of Limited Partnership.

The Fund does not make a provision  for income taxes since all income and losses
will be allocated to the Partners for inclusion in their individual tax returns.


3. Investment in leases:

The Partnership's investment in leases consists of the following:

<TABLE>
<CAPTION>
                                                              Depreciation
                                                              Expense or         Reclass-
                                            December 31,     Amortization      ifications &      September 30,
                                                1998           of Leases       Dispositions           1999
                                                ----           ---------      --------------          ----
<S>                                            <C>             <C>               <C>                <C>
Net investment in operating leases             $54,308,897     $ (5,876,369)     $ (2,171,231)       $46,261,297
Net investment in direct financing leases       17,631,304       (1,619,612)         (501,533)        15,510,159
Net investment in leveraged leases               2,628,378         (401,514)                -          2,226,864
Residual value interests                           835,759                -                 -            835,759
Equipment held for sale or lease                   217,819                -          (144,381)            73,438
Initial direct costs, net of accumulated
   amortization of $2,431,130 in 1998 and
   $2,036,653 in 1999.                           1,386,021         (358,295)                -          1,027,726
Reserve for losses                              (2,254,809)               -                 -         (2,254,809)
                                           ---------------- ----------------  ----------------  -----------------
                                               $74,753,369     $ (8,255,790)     $ (2,817,145)      $ 63,680,434
                                           ================ ================  ================  =================
</TABLE>


<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                               SEPTEMBER 30, 1999
                                   (Unaudited)


3. Investments in leases (continued):

The following  schedule provides an analysis of the Partnership's  investment in
property on operating leases by major  classifications  as of December 31, 1998,
dispositions  and  reclasifications  during the quarters ended March 31, June 30
and September 30, 1999 and as of September 30, 1999.

<TABLE>
<CAPTION>
                               December 31,             Dispositions & Reclassifications             September 30,
                                   1998          1st Quarter      2nd Quarter       3rd Quarter           1999
                                   ----          -----------      -----------       -----------           ----
<S>                              <C>               <C>             <C>               <C>                <C>
Transportation                   $ 26,801,502                                                           $ 26,801,502
Construction                       24,075,113      $(4,661,144)      $ (913,505)                          18,500,464
Materials handling                 15,467,931         (109,970)               -        $ (150,446)        15,207,515
Mining                             12,841,705       (2,192,914)               -                 -         10,648,791
Furniture and fixtures              5,977,981                -                -                 -          5,977,981
Manufacturing                       3,297,262                -                -                 -          3,297,262
Printing                            2,325,000                -                -                 -          2,325,000
Food processing                     1,826,162                -                -                 -          1,826,162
Office automation                   1,919,479         (254,815)        (635,340)         (714,914)           314,410
Other                                 278,396                -                -                 -            278,396
                             ----------------- ---------------- ----------------  ----------------  -----------------
                                   94,810,531       (7,218,843)      (1,548,845)         (865,360)        85,177,483
Less accumulated depreciation     (40,501,634)       3,579,789         (837,659)       (1,156,682)       (38,916,186)
                             ----------------- ---------------- ----------------  ----------------  -----------------
                                 $ 54,308,897      $(3,639,054)    $ (2,386,504)     $ (2,022,042)      $ 46,261,297
                             ================= ================ ================  ================  =================
</TABLE>

All of the property on operating  leases was acquired during 1993,  1994,  1995,
1996 and 1997.

At September 30, 1999,  the aggregate  amounts of future  minimum lease payments
are as follows:

<TABLE>
<CAPTION>
                                                            Direct
                                         Operating         Financing           Total
<S>                                       <C>              <C>                <C>
Three months ending December 31, 1999      $3,211,491         $ 944,360        $ 4,155,851
        Year ending December 31, 2000       6,282,979         3,722,037         10,005,016
                                 2001       4,415,532         3,114,032          7,529,564
                                 2002       2,576,802         2,766,273          5,343,075
                                 2003         759,539           909,334          1,668,873
                           Thereafter       4,175,056         5,630,777          9,805,833
                                      ----------------  ----------------  -----------------
                                          $21,421,399      $ 17,086,813       $ 38,508,212
                                      ================  ================  =================
</TABLE>


<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                               SEPTEMBER 30, 1999
                                   (Unaudited)


3. Investments in leases (continued):

Direct financing leases:

The following  lists the  components of the  Partnership's  investment in direct
financing leases as of September 30, 1999.

Total minimum lease payments receivable                        $17,086,813
Estimated residual values of leased equipment (unguaranteed)     5,304,034
                                                              -------------
Investment in direct financing leases                           22,390,847
Less unearned income                                            (6,880,688)
                                                              -------------
Net investment in direct financing leases                      $15,510,159
                                                              =============


4.  Non-recourse debt:

Notes payable to financial  institutions are due in varying  monthly,  quarterly
and semi-annual installments of principal and interest. The notes are secured by
assignments  of lease  payments and pledges of the assets  which were  purchased
with the proceeds of the particular notes. Interest rates on the notes vary from
6.5% to 11.05%.

Future minimum principal  payments of non-recourse debt as of September 30, 1999
are as follows:

<TABLE>
<CAPTION>
                                         Principal         Interest            Total
<S>                                       <C>                <C>              <C>
Three months ending December 31, 1999      $1,814,658         $ 726,002        $ 2,540,660
        Year ending December 31, 2000       5,674,659         1,501,917          7,176,576
                                 2001       4,580,202         1,063,299          5,643,501
                                 2002       2,916,489           700,203          3,616,692
                                 2003         709,048           553,832          1,262,880
                           Thereafter       8,229,176         3,430,997         11,660,173
                                      ----------------  ----------------  -----------------
                                          $23,924,232        $7,976,250       $ 31,900,482
                                      ================  ================  =================
</TABLE>


5.  Related party transactions:

The terms of the  Agreement  of Limited  Partnership  provide  that the  General
Partner  and/or  Affiliates  are entitled to receive  certain fees for equipment
acquisition,  management and resale and for management of the  Partnership.  The
amounts  above  are  gross  amounts  incurred  by  the  General  Partner  and/or
affiliates,  including  commissions to  broker-dealers  for the sales of Limited
Partnership Units.

The General Partner and/or Affiliates earned the following fees and commissions,
pursuant to the Agreement of Limited Partnership as follows:

                                               1999              1998
                                               ----              ----
Equipment and incentive management fees         $ 794,182         $ 989,811
Reimbursement of administrative costs             263,709           300,998
                                          ----------------  ----------------
                                               $1,057,891        $1,290,809
                                          ================  ================

<PAGE>

                       ATEL CASH DISTRIBUTION FUND V, L.P.

                          NOTES TO FINANCIAL STATEMENTS

                               SEPTEMBER 30, 1999
                                   (Unaudited)


6. Partner's capital:

The Fund is authorized to issue up to  12,500,000  Units of Limited  Partnership
interest in addition to the Initial Limited Partners.

The Fund's Net Profits,  Net Losses and Tax Credits are to be  allocated  99% to
the Limited Partners and 1% to the General Partner.

As more fully described in the Agreement of Limited Partnership,  available Cash
from  Operations  and Cash from Sales or  Refinancing  shall be  distributed  as
follows:

     First, 5% of  Distributions  of Cash from Operations to the General Partner
as Incentive Management Fees.

     Second, the balance to the Limited Partners until the Limited Partners have
          received aggregate  Distributions,  as defined,  in an amount equal to
          their  Original  Invested  Capital,  as defined,  plus a 10% per annum
          cumulative  (compounded  daily)  return  on  their  Adjusted  Invested
          Capital, as defined.

     Third,  the General Partner will receive as Incentive  Management Fees, the
following:

           (A) 10% of remaining Cash from Operations, as defined,

           (B) 15% of remaining Cash from Sales or Refinancing, as defined.

     Fourth, the balance to the Limited Partners.


7.  Line of credit:

The  Partnership  participates  with the  General  Partner  and  certain  of its
Affiliates in a $95,000,000 revolving credit agreement with a group of financial
institutions  which  expires on January  28,  2000.  The  agreement  includes an
acquisition  facility and a warehouse  facility which are used to provide bridge
financing  for  assets  on  leases.  Draws on the  acquisition  facility  by any
individual  borrower  are  secured  only by that  borrower's  assets,  including
equipment and related leases.  Borrowings on the warehouse facility are recourse
jointly to certain of the Affiliates, the Partnership and the General Partner.

At September  30, 1999,  the  Partnership  had no  borrowings  under the line of
credit.

The credit agreement  includes certain  financial  covenants  applicable to each
borrower.  The  Partnership was in compliance with its covenants as of September
30, 1999.

<PAGE>

Item 2: Management's  Discussion and Analysis of Financial Condition and Results
of Operations

Capital Resources and Liquidity

The Partnership currently has available adequate reserves to meet contingencies,
but in the event those  reserves were found to be  inadequate,  the  Partnership
would  likely be in a position to borrow  against its current  portfolio to meet
such  requirements.  The General  Partner  envisions  no such  requirements  for
operating purposes.

As of  September  30,  1999,  the  Partnership  had  borrowed  $58,317,911.  The
remaining unpaid balance as of that date was $23,924,232.  Long-term  borrowings
are to be  non-recourse  to the  Partnership,  that is, the only recourse of the
lender will be to the equipment or corresponding  lease acquired or secured with
the loan proceeds.  The General Partner expects that aggregate borrowings in the
future  will not exceed  40% of  aggregate  equipment  cost.  In any event,  the
Agreement of Limited Partnership limits such borrowings to 40% of the total cost
of equipment, in aggregate.

The  Partnership  participates  with the  General  Partner  and  certain  of its
affiliates  in  a  $95,000,000   revolving  line  of  credit  with  a  financial
institution. The line of credit expires on January 28, 2000.

No  commitments  of capital  have been or are expected to be made other than for
the acquisition of additional equipment. As of September 30, 1999, there were no
such commitments.

If  inflation  in the general  economy  becomes  significant,  it may affect the
Partnership  inasmuch as the residual  (resale) values and rates on re-leases of
the  Partnership's  leased  assets may  increase as the costs of similar  assets
increase.  However,  the  Partnership's  revenues from existing leases would not
increase,  as such rates are generally fixed for the terms of the leases without
adjustment for inflation.

If interest rates increase  significantly,  the lease rates that the Partnership
can obtain on future  leases will be expected to increase as the cost of capital
is a significant  factor in the pricing of lease  financing.  Leases  already in
place, for the most part, would not be affected by changes in interest rates.

In 1999, the Partnership's most significant source of cash was lease rents.

Cash flows - 1999 vs. 1998:

In both 1999 and 1998, the Partnership's  primary source of operating cash flows
was operating  lease rents.  Operating  lease rents have decreased by $3,508,567
(25%) as a result of asset sales over the last year.

In 1999 and 1998 the largest  source of cash from  investing  activities was the
proceeds  from sales of lease  assets.  In both  years,  lease rents from direct
financing and leveraged lease transactions also provided a significant amount of
cash flows.

There were no sources if cash from  financing  activities in 1999. In 1998,  the
only financing  source of cash from  financing  activities was borrowings on the
line of credit.  Repayments of non-recoursed  debt have decreased as a result of
scheduled debt payments.

Results of operations - 1999 vs. 1998

Operating leases are the Partnership's primary source of revenues. Such revenues
decreased by $3,508,567 (25%) compared to 1998. The decrease resulted from asset
sales over the last year.  Depreciation expense is directly related to operating
lease assets and has also decreased  compared to 1998 as a result of these asset
sales.  Management  fees  are  based  on  the  Partnership's  revenues  and  its
distributions  to the  Limited  Partners.  As a result of the  decrease in lease
revenues,  management  fees have declined  compared to 1998.  Debt balances have
been reduced by scheduled debt payments and this has resulted in the decrease of
$568,281 in interest expense compared to 1998.

<PAGE>

                           PART II. OTHER INFORMATION

Item 1.  Legal Proceedings.

         Inapplicable.

Item 2. Changes In Securities.

         Inapplicable.

Item 3. Defaults Upon Senior Securities.

         Inapplicable.

Item 4. Submission Of Matters To A Vote Of Security Holders.

         Inapplicable.

Item 5. Other Information.

         Inapplicable.

Item 6. Exhibits And Reports On Form 8-K.

                           (a)Documents filed as a part of this report

                           1.  Financial Statements

                               Included in Part I of this report:

                               Balance  Sheets,  September 30, 1999 and December
                                  31, 1998.

                               Income  statements  for the nine and three  month
                                  periods ended September 30, 1999 and 1998.

                               Statement of changes in partners' capital for the
                                  nine months ended September 30, 1999.

                               Statements  of cash  flows for the nine and three
                                  month  periods  ended  September  30, 1999 and
                                  1998.

                               Notes to the Financial Statements

                           2.  Financial Statement Schedules

                               All other  schedules for which  provision is made
                               in the applicable  accounting  regulations of the
                               Securities   and  Exchange   Commission  are  not
                               required  under the related  instructions  or are
                               inapplicable, and therefore have been omitted.

                           (b) Report on Form 8-K
                               None

<PAGE>

                                   SIGNATURES


Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

Date:
November 12, 1999

                       ATEL CASH DISTRIBUTION FUND V, L.P.
                                  (Registrant)



                                      By: ATEL Financial Corporation
                                          General Partner of Registrant




                                      By:   /s/ A.  J.  BATT
                                           ---------------------------------
                                           A. J. Batt
                                           President and Chief Executive Officer
                                           of General Partner




                                      By:    /s/ DEAN L. CASH
                                           ---------------------------------
                                           Dean L. Cash
                                           Executive Vice President
                                           of General Partner




                                      By:   /s/ PARITOSH K. CHOKSI
                                          -----------------------------------
                                          Paritosh K. Choksi
                                          Principal financial officer of
                                          registrant




                                      By:   /s/ DONALD E.  CARPENTER
                                          -----------------------------------
                                          Donald E. Carpenter
                                          Principal accounting officer of
                                          registrant