-----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, AGQty0wuopn331gBfkFw5LBvG3VXhP2yzvkFsuoNQ7kSBMEVUM7d8t6ybv/AaHm9 z7oP8pkT9BOSIIP0UimvKQ== 0000950124-04-000177.txt : 20040123 0000950124-04-000177.hdr.sgml : 20040123 20040123144238 ACCESSION NUMBER: 0000950124-04-000177 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040108 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DAIMLERCHRYSLER AUTO TRUST 2003-A CENTRAL INDEX KEY: 0001260531 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: 333-75942-05 FILM NUMBER: 04540266 BUSINESS ADDRESS: STREET 1: 2777 FRANKLIN RD CITY: SOUTHFIELD STATE: MI ZIP: 48034 8-K 1 k82300e8vk.txt CURRENT REPORT 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 January 8, 2004 ------------------------------------------------------------------------------ Date of Report(Date of earliest event reported) DAIMLERCHRYSLER AUTO TRUST 2003-A ------------------------------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 333-75942-04 74-6523266 - -------- ------------ ---------- (State or other (Commission File (I.R.S. Employer jurisdiction of Number) Identification No.) 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 January 8, 2004, payments were made to the holders of DaimlerChrysler Auto Trust Series 2003-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 2003-A, relating to the January 8, 2004 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 2003-A (Registrant) By: DaimlerChrysler Services North America LLC, as Administrator Date: January 23, 2004 By: /s/ Mark L. Davis ---------------------------- Mark L. Davis Assistant Controller -3- INDEX TO EXHIBITS Exhibit No. Description 99 Monthly report to holders of the Asset Backed Notes, Series 2003-A, relating to the January 8, 2004 Payment Date. -4- EX-99 3 k82300exv99.txt MONTHLY REPORT OF ASSET BACKED NOTES, SERIES 2003A EXHIBIT 99 CHRYSLER FINANCIAL DAIMLERCHRYSLER AUTO TRUST 2003-A MONTHLY DISTRIBUTION DATE: 08-JAN-04 SERVICER'S CERTIFICATE (HS) PAGE 1 OF 2 - ------------------------------------------------------------------------------- Payment Determination Statement Number 5 Distribution Date 08-Jan-04
DATES COVERED FROM AND INCLUDING TO AND INCLUDING - ------------- ------------------ ---------------- Collections Period 01-Dec-03 31-Dec-03 Accrual Period 08-Dec-03 07-Jan-04 30/360 Days 30 Actual/360 Days 31 NUMBER OF COLLATERAL POOL BALANCE DATA ACCOUNTS $ AMOUNT - ---------------------------- -------- -------- Pool Balance - Beginning of Period 106,858 1,681,761,518.59 Collections of Installment Principal 37,729,750.91 Collections Attributable to Full Payoffs 19,318,816.25 Principal Amount of Repurchases 0.00 Principal Amount of Gross Losses 2,063,291.90 ------------------ Pool Balance - End of Period 104,644 1,622,649,659.53 ================== POOL STATISTICS END OF PERIOD ------------------ Initial Pool Balance (Pool Balance at the Purchase Date) 1,910,004,660.84 Pool Factor (Pool Balance as a Percent of Initial Pool Balance) 84.96% Ending O/C Amount 152,185,885.56 Coverage Ratio (Ending Pool Balance as a Percent of Ending Securities) 110.35% Cumulative Net Losses 2,030,225.61 Net Loss Ratio (3 mo. Weighted Avg.) 0.44100% Cumulative Recovery Ratio 51.09% 60+ Days Delinquency Amount 4,964,642.36 Delinquency Ratio (3 mo. Weighted Avg.) 0.24030% Weighted Average APR 5.497% Weighted Average Remaining Term (months) 45.69 Weighted Average Seasoning (months) 13.87
CHRYSLER FINANCIAL DAIMLERCHRYSLER AUTO TRUST 2003-A MONTHLY DISTRIBUTION DATE: 08-JAN-04 SERVICER'S CERTIFICATE (HS) PAGE 2 OF 2 - -------------------------------------------------------------------------------- CASH SOURCES Collections of Installment Principal 37,729,750.91 Collections Attributable to Full Payoffs 19,318,816.25 Principal Amount of Repurchases 0.00 Recoveries on Loss Accounts 1,003,480.88 Collections of Interest 7,783,559.62 Investment Earnings 35,891.71 Reserve Account 4,442,000.00 ----------------- TOTAL SOURCES 70,313,499.37 ================= CASH USES Servicer Fee 1,401,467.93 Note Interest 2,508,705.99 Reserve Fund 4,442,000.00 O/C Release to Seller 0.00 Note Principal 61,961,325.45 ----------------- TOTAL CASH USES 70,313,499.37 ================= ADMINISTRATIVE PAYMENT Total Principal and Interest Sources 70,313,499.37 Investment Earnings in Trust Account (35,891.71) Daily Collections Remitted (62,165,596.24) Cash Reserve in Trust Account (4,442,000.00) Servicer Fee (withheld) (1,401,467.93) O/C Release to Seller 0.00 ----------------- PAYMENT DUE TO/(FROM) TRUST ACCOUNT 2,268,543.49 =================
O/C RELEASE (Prospectus pg S16) - ----------- Pool Balance 1,622,649,659.53 Yield Supplement O/C Amount (65,124,634.33) -------------------- Adjusted Pool Balance 1,557,525,025.20 Total Securities 1,470,463,773.97 -------------------- Adjusted O/C Amount 87,061,251.23 O/C Release Threshold 58,407,188.45 O/C Release Period? (A1 Notes Matured) No O/C Release 0.00
Beginning Ending Principal Balance Balance Payment ------------------ --------------------------------- NOTES & CERTIFICATES Class A-1 450,000,000 @ 1.10% 205,625,099.42 143,663,773.97 61,961,325.45 Class A-2 450,000,000 @ 1.52% 450,000,000.00 450,000,000.00 0.00 Class A-3 350,000,000 @ 2.12% 350,000,000.00 350,000,000.00 0.00 Class A-4 469,000,000 @ 2.88% 469,000,000.00 469,000,000.00 0.00 Certificates 57,800,000.00 57,800,000.00 0.00 ------------------ ----------------------------------- Total Securities 1,532,425,099.42 1,470,463,773.97 61,961,325.45 ================== =================================== Principal per Interest Interest per $1000 Face Payment $1000 Face Original ----------------------------------------------- NOTES & CERTIFICATES Class A-1 450,000,000 @ 1.10% 137.6918343 194,772.66 0.4328281 450000000 Class A-2 450,000,000 @ 1.52% 0.0000000 570,000.00 1.2666667 450000000 Class A-3 350,000,000 @ 2.12% 0.0000000 618,333.33 1.7666667 350000000 Class A-4 469,000,000 @ 2.88% 0.0000000 1,125,600.00 2.4000000 469000000 Certificates 0.0000000 0.00 57800000 -------------- ------------------ Total Securities 2,508,705.99 1,776,800,000.00 ============== ==================
* Class A-1 Interest is computed on an Actual/360 Basis. Days in current period 31 -- -----END PRIVACY-ENHANCED MESSAGE-----