-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QuxILKiTko8zma/hTbSq6lYfiYOfHTdcIsn9UKdryEgrEbZ18aIilYCl3jS2+8Tv gQud8peLljn9KnrplYHv4A== 0000950124-02-002856.txt : 20020822 0000950124-02-002856.hdr.sgml : 20020822 20020822135334 ACCESSION NUMBER: 0000950124-02-002856 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20020821 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20020822 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DAIMLERCHRYSLER AUTO TRUST 2002 A CENTRAL INDEX KEY: 0001171628 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-75942-01 FILM NUMBER: 02745614 BUSINESS ADDRESS: STREET 1: 2777 FRANKLIN RD CITY: SOUTHFIELD STATE: MI ZIP: 48034 8-K 1 k71216e8vk.txt FORM 8-K SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 August 21, 2002 - -------------------------------------------------------------------------------- Date of Report(Date of earliest event reported) DAIMLERCHRYSLER AUTO TRUST 2002-A - -------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 333-75942-01 Applied For -------- ------------ ----------- (State or other (Commission File (I.R.S. Employer jurisdiction Number) Identification No.) of incorporation) 1201 Market Street, Wilmington, Delaware 19801 - -------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) (302) 428-3375 ---------------------------------------------------------------- (Registrant's telephone number, including area code) Item 5. Other Events On the payment date July 8, 2002, payments were made to the holders of DaimlerChrysler Auto Trust Series 2002-A, Asset Backed Notes. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits Listed below are the financial statements, pro forma financial information and exhibits, if any, filed as a part of this Report: (a) Financial statement of businesses acquired: None (b) Pro forma financial information: None (c) Exhibits: Exhibit 99: Monthly report to holders of the Asset Backed Notes, Series 2002-A, relating to the July 8, 2002 Payment Date. -2- SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DaimlerChrysler Auto Trust 2002-A (Registrant) By: DaimlerChrysler Services North America LLC, as Administrator Date: August 21, 2002 By: /s/ Robert E. Menzies ------------------------------------------ Robert E. Menzies Assistant Controller -3- INDEX TO EXHIBITS Exhibit No. Description - ----------- ----------- 99 Monthly report to holders of the Asset Backed Notes, Series 2002-A, relating to the July 8, 2002 Payment Date. -4- EX-99 3 k71216exv99.txt REPORT OF ASSET BACKED NOTES, SERIES 2002-A Distribution Date: 8/6/2002 Page 1 of 2 EXHIBIT 99 Chrysler Financial DaimlerChrysler Auto Trust 2002-A Monthly Servicer's Certificate (HO) - -------------------------------------------------------------------------------- Payment Determination Statement Number 3.00 Distribution Date 8/6/2002
DATES COVERED FROM AND INCLUDING TO AND INCLUDING ------------- ------------------ ---------------- Collections Period 7/1/2002 7/31/2002 Accrual Period 7/8/2002 8/5/2002 30/360 Days 30 Actual/360 Days 29 NUMBER OF COLLATERAL POOL BALANCE DATA ACCOUNTS $ AMOUNT ---------------------------- -------- -------- Pool Balance - Beginning of Period 140,070 2,318,026,786.05 Collections of Installment Principal 52,358,894.02 Collections Attributable to Full Payoffs 20,555,222.74 Principal Amount of Repurchases - Principal Amount of Gross Losses 248,965 885,393.30 ---------------- Pool Balance - End of Period 138,231 2,244,227,275.99 ================ POOL STATISTICS END OF PERIOD --------------- ------------- Initial Pool Balance (Pool Balance at the Purchase Date) 2,504,880,990.65 Pool Factor (Pool Balance as a Percent of Initial Pool Balance) 0.90 Ending O/C Amount 140,420,206.88 Coverage Ratio (Ending Pool Balance as a Percent of Ending Securities) 1.07 CUMULATIVE NET LOSSES 156,692.05 497,636.49 ----------------------- Net Loss Ratio (3 mo. Weighted Avg.) 0.00 Cumulative Recovery Ratio 0.56 60+ Days Delinquency Amount 4,620,778.34 Delinquency Ratio (3 mo. Weighted Avg.) 0.00 Weighted Average APR 0.06 Weighted Average Remaining Term (months) 47.73 Weighted Average Seasoning (months) 8.69
Distribution Date: 8/6/2002 PAGE 2 OF 2 Chrysler Financial DAIMLERCHRYSLER AUTO TRUST 2002-A MONTHLY SERVICER'S CERTIFICATE (HO) - -------------------------------------------------------------------------------- Cash Sources Collections of Installment Principal 52,358,894.02 Collections Attributable to Full Payoffs 20,555,222.74 Principal Amount of Repurchases - Recoveries on Loss Accounts 92,273.38 544,448.86 Collections of Interest 13,012,720.57 Investment Earnings 101,098.63 Reserve Account 5,958,500.00 Total Sources 92,530,884.82 ----------------------- ======================= Cash Uses Servicer Fee 1,931,688.99 Note Interest 5,865,398.97 Reserve Fund 5,958,500.00 O/C Release to Seller - Note Principal 78,775,296.86 Total Cash Uses 92,530,884.82 ----------------------- ======================= Administrative Payment TOTAL PRINCIPAL AND INTEREST SOURCES 92,530,884.82 - ------------------------------------- Investment Earnings in Trust Account (101,098.63) Daily Collections Remitted (81,116,601.40) Cash Reserve in Trust Account (5,958,500.00) Servicer Fee (withheld) (1,931,688.99) O/C Release to Seller - ---------------------- PAYMENT DUE TO/(FROM) TRUST ACCOUNT 3,422,995.80 ====================== O/C Release (Prospectus pg S16) POOL BALANCE 2,244,227,275.99 ------------ Yield Supplement O/C Amount (30,307,838.31) Adjusted Pool Balance 2,213,919,437.68 Total Securities 2,103,807,069.11 ---------------------- ====================== Adjusted O/C Amount 110,112,368.57 O/C Release Threshold 88,556,777.51 O/C Release Period? (A1 Notes Matured) No O/C Release -
Beginning Ending Principal Principal per Balance Balance Payment $1000 Face ----------------- ------------------------------------------------------ NOTES & CERTIFICATES Class A-1 506,000,000.00 @ 1.95% 305,182,365.97 226,407,069.11 78,775,296.86 155.68 Class A-2 777,000,000.00 @ 2.90% 777,000,000.00 777,000,000.00 - - Class A-3 599,000,000.00 @ 3.85% 599,000,000.00 599,000,000.00 - - Class A-4 424,000,000.00 @ 4.49% 424,000,000.00 424,000,000.00 - - Certificates 77,400,000.00 77,400,000.00 - - ----------------- ------------------------------------- Total Securities 2,182,582,365.97 2,103,807,069.11 78,775,296.86 ================= ===================================== Interest Interest per Payment $1000 Face Original ------------------------------- NOTES & CERTIFICATES Class A-1 506,000,000.00 @ 1.95% 479,390.63 0.95 506,000,000.00 Class A-2 777,000,000.00 @ 2.90% 1,877,750.00 2.42 777,000,000.00 Class A-3 599,000,000.00 @ 3.85% 1,921,791.67 3.21 599,000,000.00 Class A-4 424,000,000.00 @ 4.49% 1,586,466.67 3.74 424,000,000.00 Certificates - 77,400,000.00 ------------- ------------------ Total Securities 5,865,398.97 2,383,400,000.00 ============= ==================
* Class A-1 Interest is computed on an Actual/360 Basis. Days in current period 29 ---- -----END PRIVACY-ENHANCED MESSAGE-----