<ARTICLE> 5 <LEGEND> Article 5 FDS for 1994 Year End 10-K for PLM Equipment Growth Fund II. </LEGEND> <MULTIPLIER> 1,000 <PERIOD-TYPE> 12-MOS <FISCAL-YEAR-END> DEC-31-1994 <PERIOD-END> DEC-31-1994 <CASH> 12,348 <SECURITIES> 0 <RECEIVABLES> 1,831 <ALLOWANCES> 427 <INVENTORY> 0 <CURRENT-ASSETS> 0 <PP&E> 128,784 <DEPRECIATION> 74,672 <TOTAL-ASSETS> 69,485 <CURRENT-LIABILITIES> 0 <BONDS> 0 <COMMON> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> 30,153 <TOTAL-LIABILITY-AND-EQUITY> 69,485 <SALES> 0 <TOTAL-REVENUES> 26,326 <CGS> 0 <TOTAL-COSTS> 23,709 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 2,550 <INCOME-PRETAX> 67 <INCOME-TAX> 0 <INCOME-CONTINUING> 67 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 67 <EPS-PRIMARY> (0.12) <EPS-DILUTED> (0.12)