EX-99.01 6 a2073675zex-99_01.txt EXHIBIT 99.01 Exhibit 99.01 RESIDUAL VALUE OBLIGATION QUARTERLY CERTIFICATE FOR THE QUARTER ENDED DECEMBER 31, 2001 The information below is being disclosed pursuant to the Residual Value Obligation Agreement dated as of April 3, 2000 between Associates First Capital Corporation and the Chase Manhattan Bank, as Trustee. Terms used and not otherwise defined herein have the meaning assigned to them in the Residual Value Agreement. Securitization Distribution Dates during quarter: October 15, 2001 November 15, 2001 December 17, 2001 Allocation Dates during quarter: October 16, 2001 November 16, 2001 December 18, 2001 Payment Date during quarter: NA AFCC Amount at beginning of quarter: $ 533,765,443 AFCC Amount at end of quarter: $ 526,682,856 ================================================================================================================================ ON THE PAYMENT DATE DURING THE QUARTER: Accrued RVO Payment Amount as of the immediately preceding Allocation Date: $ - Interest accrued on Accrued RVO Payment Amount since immediately preceding Allocation Date: $ - Accrued RVO Payment Amount as of such Payment Date: $ - Number of RVO's outstanding as of the applicable record date N/A Payment per RVO: $ - ================================================================================================================================ AS OF THE FIRST ALLOCATION DATE DURING THE QUARTER: RESIDUAL CASH FLOW: Residual Cash Flow Allocated for current period - Cumulative Residual Cash Flow not covered by allocation (to be carried forward) $ (31,574,710) Excess Litigation Reserve allocated: $ - RVO EXPENSES: Residual Cash Flow allocated to RVO Expenses: $ - Cumulative RVO Expenses not covered by allocation (to be carried forward): $ 5,404 LITIGATION EXPENSES: Residual Cash Flow allocated to Litigation Expenses: $ - Cumulative Litigation Expenses not covered by allocation (to be carried forward): $ 457,600
AFCC AMOUNT: AFCC Amount at end of immediately preceding Allocation Date: $ 533,765,443 plus: AFCC Interest added on immediately preceding Securitization Distribution Date: $ 6,672,068 less: Residual Cash Flow allocated to AFCC Amount: $ - AFCC Amount after allocation: $ 540,437,511 ACCRUED RVO PAYMENT AMOUNT: Residual Cash Flow allocated to Accrued RVO Payment Amount on such Allocation Date: $ - plus: cumulative Residual Cash Flow allocated to, and cumulative interest accrued on, Accrued RVO Payment Amount since most recent Payment Date on which RVO Payments were made: $ - Accrued RVO Payment Amount on such Allocation Date: $ - ================================================================================================================================ AS OF THE SECOND ALLOCATION DATE DURING THE QUARTER: RESIDUAL CASH FLOW: Residual Cash Flow allocated for current period - Cumulative Residual Cash Flow not covered by allocation (to be carried forward) $ (34,806,982) Excess Litigation Reserve allocated: $ - RVO EXPENSES: Residual Cash Flow allocated to RVO Expenses: Cumulative RVO Expenses not covered by allocation (to be carried forward): $ 5,415 LITIGATION EXPENSES: Residual Cash Flow allocated to Litigation Expenses: $ - Cumulative Litigation Expenses not covered by allocation (to be carried forward): $ 458,563 AFCC AMOUNT: AFCC Amount at end of immediately preceding Allocation Date: $ 540,437,511 plus: AFCC Interest added on immediately preceding Securitization Distribution Date: $ 6,755,469 less: Residual Cash Flow allocated to AFCC Amount: $ - AFCC Amount after allocation: $ 547,192,980 ACCRUED RVO PAYMENT AMOUNT: Residual Cash Flow allocated to Accrued RVO Payment Amount on such Allocation Date: $ - plus: cumulative Residual Cash Flow allocated to, and cumulative interest accrued on, Accrued RVO Payment Amount since most recent Payment Date on which RVO Payments were made: $ - Accrued RVO Payment Amount on such Allocation Date: $ - ================================================================================================================================
AS OF THE THIRD ALLOCATION DATE DURING THE QUARTER: RESIDUAL CASH FLOW: Residual Cash Flow allocated for current period 27,350,036 Cumulative Residual Cash Flow not covered by allocation (to be carried forward) $ (7,456,946) Excess Litigation Reserve allocated: $ - RVO EXPENSES: Residual Cash Flow allocated to RVO Expenses: Cumulative RVO Expenses not covered by allocation (to be carried forward): $ 5,425 LITIGATION EXPENSES: Residual Cash Flow allocated to Litigation Expenses: $ - Cumulative Litigation Expenses not covered by allocation (to be carried forward): $ 459,385 AFCC AMOUNT: AFCC Amount at end of immediately preceding Allocation Date: $ 547,192,980 plus: AFCC Interest added on immediately preceding Securitization Distribution Date: $ 6,839,912 less: Residual Cash Flow allocated to AFCC Amount: $ (27,350,036) AFCC Amount after allocation: $ 526,682,856 ACCRUED RVO PAYMENT AMOUNT: Residual Cash Flow allocated to Accrued RVO Payment Amount on such Allocation Date: $ - plus: cumulative Residual Cash Flow allocated to, and cumulative interest accrued on, Accrued RVO Payment Amount since most recent Payment Date on which RVO Payments were made: $ - Accrued RVO Payment Amount on such Allocation Date: $ - ================================================================================================================================