EX-99.1 4 k92228exv99w1.htm ANNUAL SERVICER'S CERTIFICATE AND INDEPENDENT ACCOUNTANTS' REPORT exv99w1
 

Exhibit 99.1

ANNUAL SERVICER’S CERTIFICATE
For Year Ended December 31, 2004

DAIMLERCHRYSLER SERVICES NORTH AMERICA LLC

DAIMLERCHRYSLER AUTO TRUSTS

The undersigned, duly authorized representatives of DaimlerChrysler Services North America LLC (“DCS”), as Servicer, pursuant to the Sale and Servicing Agreements listed in Exhibit 1 (the “Agreements”), by and among DCS, as Seller and Servicer, and the Issuers listed in Exhibit 1, does hereby certify that:

  1.   DCS is, as of the date hereof, the Servicer under the Agreements.
 
  2.   The undersigned are Servicing Officers and are duly authorized pursuant to the Agreements to execute and deliver this Certificate to the Issuer, the Owner Trustee and to the Trustee.
 
  3.   A review of the activities of the Servicer during the calendar year ended December 31, 2004 and of their performance under the Agreements was conducted under our supervision.
 
  4.   Based on such review, the Servicer has, to the best of our knowledge, performed in all material respects all of its obligations under the Agreements and no default in the performance of such obligations has occurred or is continuing except as set forth in paragraph 5 below.
 
  5.   There were no defaults made by the Servicer in the performance of its obligations under the provisions of the Agreements during the year ended December 31, 2004.

Capitalized terms used but not defined herein are used as defined in the applicable Agreement.

IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this 21st day of March 2005.

     
/s/ Andree Ohmstedt

  /s/ Mark L. Davis

Andree Ohmstedt
  Mark L. Davis
Vice President and
  Assistant Controller
Controller
  Financial Reporting & Policy

 


 

Exhibit 1

             
    Sale and Servicing        
Issuer   Agreement Dated   Indenture Trustee   Owner Trustee
DCAT 2000-A
  February 1, 2000   Bank One, N.A.   Chase Manhattan
Bank Delaware
DCAT 2000-B
  May 1, 2000   Bank One, N.A.   Chase Manhattan
Bank Delaware
DCAT 2000-C
  September 1, 2000   Bank One, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2000-D
  October 1, 2000   Bank One, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2000-E
  December 1, 2000   Bank One, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2001-A
  March 1, 2001   Bank One, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2001-C
  September 1, 2001   Citibank, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2001-D
  November 1, 2001   Citibank, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2002-A
  April 1, 2002   Bank One, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2002-B
  July 1, 2002   Bank One, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2002-C
  October 1, 2002   Citibank, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2003-A
  August 1, 2003   Citibank, N.A.   Chase Manhattan
Bank USA, National
Association
DCAT 2004-B
  July 1, 2004   JPMorgan Chase Bank   Deutsche Bank Trust
Company Delaware

 


 

Report of Independent Registered Public Accounting Firm

The Manager and Member
DaimlerChrysler Services North America LLC:

We have audited the accompanying statement of assets, liabilities and equity arising from cash transactions of DaimlerChrysler Auto Trust 2004-B (the “Trust”) as of December 31, 2004, and the related statement of cash receipts and disbursements for the period July 13, 2004 (inception) through December 31, 2004. These financial statements are the responsibility of the management of DaimlerChrysler Services North America LLC, servicer for the Trust. Our responsibility is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes consideration of internal control over financial reporting as a basis for designing audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal control over financial reporting. Accordingly, we express no such opinion. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion.

As described in Note 1, these financial statements were prepared on the basis of cash receipts and disbursements, which is a comprehensive basis of accounting other than generally accepted accounting principles.

In our opinion, the financial statements referred to above present fairly, in all material respects, the assets, liabilities and equity arising from cash transactions of DaimlerChrysler Auto Trust 2004-B as of December 31, 2004, and its cash receipts and disbursements for the period July 13, 2004 (inception) through December 31, 2004, on the basis of accounting described in Note 1.

/s/ KPMG LLP

Detroit, Michigan
March 21, 2005


 

Management Assertion

March 21, 2005

As of and for the year ended December 31, 2004, DaimlerChrysler Services North America LLC has complied in all material respects with the minimum servicing standards set forth in the Mortgage Bankers Association of America’s Uniform Single Attestation Program for Mortgage Bankers, to the extent that such servicing standards are applicable to the servicing obligations pursuant to the Sale and Servicing Agreements, as applicable, included in Exhibit 1.

Due to the nature of the trusts referenced in Exhibit 1, minimum servicing standards I.2, I.4, III.1, III.2, III.3, III.4, III.5, III.6, V.2, V.3, V.4 and VII.1 are not applicable and, accordingly, DaimlerChrysler Services North America LLC has not made an attempt to comply with those standards.

DaimlerChrysler Services North America LLC, as Servicer

/s/ Paul E. Knauss                    
Paul E. Knauss
Vice President and Chief Financial Officer

/s/ Robert L. Watson                    
Robert L. Watson
Senior Manager – Structured Finance and Securitization

/s/ Mark L. Davis                    
Mark L. Davis
Assistant Controller – Financial Reporting & Policy


 

Exhibit 1

             
    Sale and Servicing        
Issuer   Agreement Dated   Indenture Trustee   Owner Trustee
DCAT 2000-A
  February 1, 2000   Bank One, N.A.   Chase Manhattan Bank Delaware
DCAT 2000-B
  May 1, 2000   Bank One, N.A.   Chase Manhattan Bank Delaware
DCAT 2000-C
  September 1, 2000   Bank One, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2000-D
  October 1, 2000   Bank One, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2000-E
  December 1, 2000   Bank One, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2001-A
  March 1, 2001   Bank One, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2001-C
  September 1, 2001   Citibank, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2001-D
  November 1, 2001   Citibank, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2002-A
  April 1, 2002   Bank One, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2002-B
  July 1, 2002   Bank One, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2002-C
  October 1, 2002   Citibank, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2003-A
  August 1, 2003   Citibank, N.A.   Chase Manhattan Bank USA, National Association
DCAT 2004-B
  July 1, 2004   JPMorgan Chase Bank   Deutsche Bank Trust Company Delaware