EX-20 2 b401554ex_20.txt MONTHLY SERVICER'S CERTIFICATE Exhibit 20 MONTHLY SERVICER'S CERTIFICATE AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. ------------------------------------------------- AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST -------------------------------------------------- The undersigned, a duly authorized representative of American Express Travel Related Services Company, Inc., as Servicer ("TRS"), pursuant to the Pooling and Servicing Agreement, dated as of May 16, 1996 (as amended and supplemented, the "Agreement"), as supplemented by the Series Supplements (as amended and supplemented, the "Series Supplements"), among TRS, as Servicer, American Express Receivables Financing Corporation II, American Express Receivables Financing Corporation III LLC and American Express Receivables Financing Corporation IV LLC, as Transferors, and The Bank of New York, as Trustee, does hereby certify as follows: 1. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or the Series Supplements, as applicable. 2. TRS is, as of the date hereof, the Servicer under the Agreement. 3. The undersigned is a Servicing Officer. 4. This Certificate relates to the Distribution Date occurring on October 15, 2004 and covers activity from August 26, 2004 through September 25, 2004. 5. As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Monthly Period preceding such Distribution Date. 6. As of the date hereof, to the best knowledge of the undersigned, no Pay Out Event occurred on or prior to such Distribution date. IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 11th day of October, 2004. AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer By: /s/ Michael McFerran --------------------------- Name: Michael McFerran Title: Vice President Securitization Operations & Accounting I. Monthly Period Trust Activity ------------------------------------------------------------------------------- A. Trust Activity Trust Totals ----------------- ------------ Number of days in period 31 Beginning Principal Receivable Balance 23,460,585,858.10 Special Funding Account Balance 0.00 Beginning Total Principal Balance 23,460,585,858.10 Finance Charge Collections (excluding 351,012,694.51 Recoveries) Recoveries 18,302,048.14 Total Collections of Finance Charge Receivables 369,314,742.65 Total Collections of Principal Receivables 5,543,528,226.54 Monthly Payment Rate 22.8669% Defaulted amount 94,151,658.40 Annualized Default Rate 4.7569% Trust Portfolio Yield 13.8096% New Principal Receivables 5,481,142,087.17 Ending Principal Receivables Balance 23,304,048,060.33 Ending Required Minimum Principal Balance 21,694,250,000.00 Ending Transferor Amount 3,029,048,060.33 Ending Special Funding Account Balance 0.00 Ending Total Principal Balance 23,304,048,060.33 - 02 -
B. Series Allocations Series 2000-1 Series 2000-2 Series 2000-3 Series 2000-4 --------------------- ------------- ------------- ------------- ------------- Group Number 1 2 2 2 Invested Amount 500,000,000.00 500,000,000.00 1,000,000,000.00 1,212,122,000.00 Adjusted Invested Amount 500,000,000.00 500,000,000.00 1,000,000,000.00 1,212,122,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 Series Required Transferor Amount 35,000,000.00 35,000,000.00 70,000,000.00 84,848,540.00 Series Allocation Percentage 2.47% 2.47% 4.93% 5.98% Series Alloc. Finance Charge Collections 9,107,638.54 9,107,638.54 18,215,277.07 22,079,138.08 Series Allocable Recoveries 451,345.21 451,345.21 902,690.41 1,094,170.91 Series Alloc. Principal Collections 136,708,464.28 136,708,464.28 273,416,928.56 331,414,674.28 Series Allocable Defaulted Amount 2,321,865.81 2,321,865.81 4,643,731.61 5,628,769.25 B. Series Allocations Series 2000-5 Series 2001-1 Series 2001-2 Series 2001-3 Series 2001-4 --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 2 2 1 2 2 Invested Amount 787,878,000.00 750,000,000.00 250,000,000.00 750,000,000.00 725,000,000.00 Adjusted Invested Amount 787,878,000.00 750,000,000.00 250,000,000.00 750,000,000.00 725,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 55,151,460.00 52,500,000.00 17,500,000.00 52,500,000.00 50,750,000.00 Series Allocation Percentage 3.89% 3.70% 1.23% 3.70% 3.58% Series Alloc. Finance Charge Collections 14,351,416.07 13,661,457.80 4,553,819.27 13,661,457.80 13,206,075.88 Series Allocable Recoveries 711,209.92 677,017.81 225,672.60 677,017.81 654,450.55 Series Alloc. Principal Collections 215,419,182.84 205,062,696.42 68,354,232.14 205,062,696.42 198,227,273.21 Series Allocable Defaulted Amount 3,658,693.97 3,482,798.71 1,160,932.90 3,482,798.71 3,366,705.42 B. Series Allocations Series 2001-5 Series 2001-6 Series 2001-7 Series 2002-1 Series 2002-2 --------------------- ------------- ------------- ------------ ------------- ------------- Group Number 2 2 2 2 2 Invested Amount 500,000,000.00 700,000,000.00 650,000,000.00 920,000,000.00 940,000,000.00 Adjusted Invested Amount 500,000,000.00 700,000,000.00 650,000,000.00 920,000,000.00 940,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 35,000,000.00 49,000,000.00 45,500,000.00 64,400,000.00 65,800,000.00 Series Allocation Percentage 2.47% 3.45% 3.21% 4.54% 4.64% Series Alloc. Finance Charge Collections 9,107,638.54 12,750,693.95 11,839,930.10 16,758,054.91 17,122,360.45 Series Allocable Recoveries 451,345.21 631,883.29 586,748.77 830,475.18 848,528.99 Series Alloc. Principal Collections 136,708,464.28 191,391,849.99 177,721,003.56 251,543,574.27 257,011,912.85 Series Allocable Defaulted Amount 2,321,865.81 3,250,612.13 3,018,425.55 4,272,233.08 4,365,107.71 B. Series Allocations Series 2002-3 Series 2002-4 Series 2002-5 Series 2002-6 Series 2003-1 --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 2 2 2 2 2 Invested Amount 920,000,000.00 500,000,000.00 600,000,000.00 720,000,000.00 920,000,000.00 Adjusted Invested Amount 920,000,000.00 500,000,000.00 600,000,000.00 720,000,000.00 920,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 64,400,000.00 35,000,000.00 42,000,000.00 50,400,000.00 64,400,000.00 Series Allocation Percentage 4.54% 2.47% 2.96% 3.55% 4.54% Series Alloc. Finance Charge Collections 16,758,054.91 9,107,638.54 10,929,166.24 13,114,999.49 16,758,054.91 Series Allocable Recoveries 830,475.18 451,345.21 541,614.25 649,937.10 830,475.18 Series Alloc. Principal Collections 251,543,574.27 136,708,464.28 164,050,157.14 196,860,188.56 251,543,574.27 Series Allocable Defaulted Amount 4,272,233.08 2,321,865.81 2,786,238.97 3,343,486.76 4,272,233.08 B. Series Allocations Series 2003-2 Series 2003-3 Series 2003-4 Series 2004-1 Series 2004-2 --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 2 2 1 2 2 Invested Amount 1,100,000,000.00 750,000,000.00 680,000,000.00 800,000,000.00 400,000,000.00 Adjusted Invested Amount 1,100,000,000.00 750,000,000.00 680,000,000.00 800,000,000.00 400,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 77,000,000.00 52,500,000.00 47,600,000.00 56,000,000.00 28,000,000.00 Series Allocation Percentage 5.43% 3.70% 3.35% 3.95% 1.97% Series Alloc. Finance Charge Collections 20,036,804.78 13,661,457.80 12,386,388.41 14,572,221.66 7,286,110.83 Series Allocable Recoveries 992,959.46 677,017.81 613,829.48 722,152.33 361,076.17 Series Alloc. Principal Collections 300,758,621.42 205,062,696.42 185,923,511.42 218,733,542.85 109,366,771.42 Series Allocable Defaulted Amount 5,108,104.77 3,482,798.71 3,157,737.49 3,714,985.29 1,857,492.64
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B. Series Allocations Series 2004-3 Series 2004-4 Series 2004-5 Trust Total --------------------- ------------- ------------- ------------- ----------- Group Number 1 2 2 Invested Amount 600,000,000.00 1,100,000,000.00 1,000,000,000.00 20,275,000,000.00 Adjusted Invested Amount 600,000,000.00 1,100,000,000.00 1,000,000,000.00 20,275,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 Series Required Transferor Amount 42,000,000.00 77,000,000.00 70,000,000.00 1,419,250,000.00 Series Allocation Percentage 2.96% 5.43% 4.93% 100% Series Alloc. Finance Charge Collections 10,929,166.24 20,036,804.78 18,215,277.07 369,314,742.65 Series Allocable Recoveries 541,614.25 992,959.46 902,690.41 18,302,048.14 Series Alloc. Principal Collections 164,050,157.14 300,758,621.42 273,416,928.56 5,543,528,226.54 Series Allocable Defaulted Amount 2,786,238.97 5,108,104.77 4,643,731.61 94,151,658.40 C. Group Allocations -------------------- 1. Group 1 Allocations Series 2000-1 ---------------------- ------------- Invested Amount 500,000,000.00 Investor Finance Charge Collections 7,870,961.64 Investor Monthly Interest 2,863,125.00 Investor Default Amount 2,006,592.23 Investor Monthly Fees 833,333.33 Investor Additional Amounts 0.00 Total 5,703,050.56 Reallocated Investor Finance Charge Collections 8,991,582.94 Available Excess 3,288,532.39 1. Group 1 Allocations Series 2001-2 Series 2003-4 Series 2004-3 Group 1 Total ---------------------- ------------- ------------- ------------- ------------- Invested Amount 250,000,000.00 680,000,000.00 600,000,000.00 2,030,000,000.00 Investor Finance Charge Collections 3,935,480.82 10,704,507.83 9,445,153.97 31,956,104.26 Investor Monthly Interest 1,110,208.33 1,006,031.67 2,095,200.00 7,074,565.00 Investor Default Amount 1,003,296.11 2,728,965.43 2,407,910.67 8,146,764.44 Investor Monthly Fees 416,666.67 1,133,333.33 1,000,000.00 3,383,333.33 Investor Additional Amounts 0.00 0.00 0.00 0.00 Total 2,530,171.11 4,868,330.43 5,503,110.67 18,604,662.77 Reallocated Investor Finance Charge Collections 4,174,437.31 9,340,734.47 9,449,349.53 31,956,104.26 Available Excess 1,644,266.19 4,472,404.04 3,946,238.86 13,351,441.49 2. Group 2 Allocations Series 2000-2 Series 2000-3 Series 2000-4 Series 2000-5 ---------------------- ------------- ------------- ------------- ------------- Invested Amount 500,000,000.00 1,000,000,000.00 1,212,122,000.00 787,878,000.00 Investor Finance Charge Collections 7,870,961.64 15,741,923.28 19,081,131.53 12,402,715.03 Investor Monthly Interest 821,510.42 1,639,583.33 2,067,905.52 1,282,533.90 Investor Default Amount 2,006,592.23 4,013,184.45 4,864,469.16 3,161,899.74 Investor Monthly Fees 833,333.33 1,666,666.67 2,020,203.33 1,313,130.00 Investor Additional Amounts 0.00 0.00 0.00 0.00 Total 3,661,435.98 7,319,434.45 8,952,578.01 5,757,563.64 Reallocated Investor Finance Charge Collections 7,893,160.08 15,782,882.66 19,211,309.78 12,425,728.28 Investment Funding Account Proceeds 0.00 Available Excess 4,231,724.10 8,463,448.20 10,258,731.76 6,668,164.64 2. Group 2 Allocations Series 2001-1 Series 2001-3 Series 2001-4 Series 2001-5 Series 2001-6 ---------------------- ------------- ------------- ------------- ------------- ------------- Invested Amount 750,000,000.00 750,000,000.00 725,000,000.00 500,000,000.00 700,000,000.00 Investor Finance Charge Collections 11,806,442.46 11,806,442.46 11,412,894.38 7,870,961.64 11,019,346.30 Investor Monthly Interest 1,222,875.00 1,215,718.75 1,175,194.79 830,000.00 1,128,458.33 Investor Default Amount 3,009,888.34 3,009,888.34 2,909,558.73 2,006,592.23 2,809,229.12 Investor Monthly Fees 1,250,000.00 1,250,000.00 1,208,333.33 833,333.33 1,166,666.67 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 5,482,763.34 5,475,607.09 5,293,086.85 3,669,925.56 5,104,354.12 Reallocated Investor Finance Charge Collections 11,830,349.49 11,823,193.24 11,429,086.80 7,901,649.66 11,028,767.86 Investment Funding Account Proceeds Available Excess 6,347,586.15 6,347,586.15 6,135,999.95 4,231,724.10 5,924,413.74
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2. Group 2 Allocations Series 2001-7 Series 2002-1 Series 2002-2 Series 2002-3 Series 2002-4 ---------------------- ------------- ------------- ------------- ------------- ------------- Invested Amount 650,000,000.00 920,000,000.00 940,000,000.00 920,000,000.00 500,000,000.00 Investor Finance Charge Collections 10,232,250.13 14,482,569.42 14,797,407.88 14,482,569.42 7,870,961.64 Investor Monthly Interest 1,048,287.50 1,479,858.33 1,511,402.50 1,478,631.67 777,208.33 Investor Default Amount 2,608,569.89 3,692,129.70 3,772,393.38 3,692,129.70 2,006,592.23 Investor Monthly Fees 1,083,333.33 1,533,333.33 1,566,666.67 1,533,333.33 833,333.33 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 4,740,190.73 6,705,321.36 6,850,462.55 6,704,094.70 3,617,133.89 Reallocated Investor Finance Charge Collections 10,241,432.06 14,491,693.71 14,806,103.86 14,490,467.04 7,848,857.99 Investment Funding Account Proceeds Available Excess 5,501,241.33 7,786,372.35 7,955,641.31 7,786,372.35 4,231,724.10 2. Group 2 Allocations Series 2002-5 Series 2002-6 Series 2003-1 Series 2003-2 Series 2003-3 ---------------------- ------------- ------------- ------------- ------------- ------------- Invested Amount 600,000,000.00 720,000,000.00 920,000,000.00 1,100,000,000.00 750,000,000.00 Investor Finance Charge Collections 9,445,153.97 11,334,184.76 14,482,569.42 17,316,115.61 11,806,442.46 Investor Monthly Interest 991,875.00 1,175,400.00 1,479,858.33 1,767,195.83 1,203,906.25 Investor Default Amount 2,407,910.67 2,889,492.81 3,692,129.70 4,414,502.90 3,009,888.34 Investor Monthly Fees 1,000,000.00 1,200,000.00 1,533,333.33 1,833,333.33 1,250,000.00 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 4,399,785.67 5,264,892.81 6,705,321.36 8,015,032.06 5,463,794.59 Reallocated Investor Finance Charge Collections 9,477,854.59 11,358,575.51 14,491,693.71 17,324,825.09 11,811,380.74 Investment Funding Account Proceeds Available Excess 5,078,068.92 6,093,682.71 7,786,372.35 9,309,793.02 6,347,586.15 2. Group 2 Allocations Series 2004-1 Series 2004-2 Series 2004-4 Series 2004-5 Group 2 Total ---------------------- ------------- ------------- ------------- ------------- ------------- Invested Amount 800,000,000.00 400,000,000.00 1,100,000,000.00 1,000,000,000.00 18,245,000,000.00 Investor Finance Charge Collections 12,593,538.62 6,296,769.31 17,316,115.61 15,741,923.28 287,211,390.22 Investor Monthly Interest 1,263,366.67 663,333.33 1,740,245.83 1,202,544.44 29,166,894.07 Investor Default Amount 3,210,547.56 1,605,273.78 4,414,502.90 4,013,184.45 73,220,550.32 Investor Monthly Fees 1,333,333.33 666,666.67 1,833,333.33 1,666,666.67 30,408,333.33 Investor Additional Amounts 0.00 0.00 1.00 1.00 0.00 Total 5,807,247.56 2,935,273.78 7,988,082.06 6,882,395.56 132,795,777.73 Reallocated Investor Finance Charge Collections 12,578,006.13 6,320,653.06 17,297,875.09 15,345,843.77 287,211,390.22 Investment Funding Account Proceeds 0.00 Available Excess 6,770,758.56 3,385,379.28 9,309,793.02 8,463,448.20 154,415,612.49 GROUP I GROUP II ------- -------- Group Investor Finance Charge Collections 31,956,104.26 287,211,390.22 Group Expenses 18,604,662.77 132,795,777.73 Reallocable Investor Finance Charge Collections 13,351,441.49 154,415,612.49 D. Trust Performance Delinquencies: 31-60 Days Delinquent: 262,005,175 61-90 Days Delinquent: 145,808,651 90+ Days Delinquent: 213,762,419 Total 30+ Days Delinquent: 621,576,245
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II. Series 2000-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 578,559,453.96 500,000,000.00 78,559,453.96 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 9,107,638.54 7,870,961.64 1,236,676.90 Collections of Principal Receivables 136,708,464.28 118,145,562.52 18,562,901.76 Defaulted Amount 2,321,865.81 2,006,592.23 315,273.58 Ending Invested / Transferor Amounts 574,699,089.03 500,000,000.00 74,699,089.03 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ------ Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 2,162,500.00 0.00 0.00 2,162,500.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 7.2000% 7.4000% 2.6600% Monthly Interest Due 2,595,000.00 185,000.00 83,125.00 2,863,125.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,595,000.00 185,000.00 83,125.00 2,863,125.00 Investor Default Amount 1,735,702.28 120,395.53 150,494.42 2,006,592.23 Investor Monthly Fees Due 720,833.33 50,000.00 62,500.00 833,333.33 Investor Additional Amounts Due Total Due 5,051,535.61 355,395.53 296,119.42 5,703,050.56 Reallocated Investor Finance Charge Collections 8,991,582.94 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 16.4485% Base Rate 8.9947% Excess Spread Percentage 7.8925% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00 Interest Distributions 2,595,000.00 185,000.00 83,125.00 2,863,125.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,595,000.00 185,000.00 83,125.00 2,863,125.00 Ending Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00
- 06 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $6.00 2. Amount of the distribution in respect of Class A Monthly Interest: $6.00 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $6.17 2. Amount of the distribution in respect of class B monthly interest: $6.17 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 07 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $83,125.00 2. Amount distributed in respect of Collateral Monthly Interest: $83,125.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 08 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $7,777,719.25 a. Class A Monthly Interest: $2,595,000.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $1,735,702.28 e. Excess Spread: $3,447,016.97 2. Class B Available Funds: $539,494.98 a. Class B Monthly Interest: $185,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $354,494.98 3. Collateral Available Funds: $674,368.72 a. Excess Spread: $674,368.72 4. Total Excess Spread: $4,475,880.67 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2000-1 Allocable Principal Collections: $136,708,464.28 3. Principal Allocation Percentage of Series 2000-1 Allocable Principal Collections: $118,145,562.52 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $118,145,562.52 6. Shared Principal Collections from other Series allocated to Series 2000-1: N/A 7. Other amounts Treated as Available Principal Collections: $2,006,592.23 8. Available Principal Collections (total of 5., 6. & 7.): $120,152,154.75 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $37,500,000.00 2. Required Collateral Invested Amount: $37,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $120,152,154.75 - 09 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-1 1. Excess Spread: $4,475,880.67 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $120,395.53 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $83,125.00 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $150,494.42 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $2,162,500.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $1,126,032.39 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.9947% b. Prior Monthly Period 8.9825% c. Second Prior Monthly Period 8.4163% 2. Three Month Average Base Rate 8.7979% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4485% b. Prior Monthly Period 17.0535% c. Second Prior Monthly Period 16.1007% 4. Three Month Average Series Adjusted Portfolio Yield 16.5342% - 10 -
III. Series 2000-2 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 578,559,453.96 500,000,000.00 78,559,453.96 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 9,107,638.54 7,870,961.64 1,236,676.90 Collections of Principal Receivables 136,708,464.28 118,145,562.52 18,562,901.76 Defaulted Amount 2,321,865.81 2,006,592.23 315,273.58 Ending Invested / Transferor Amounts 574,699,089.03 500,000,000.00 74,699,089.03 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 2,062,500.00 0.00 0.00 2,062,500.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9250% 2.1100% 2.2600% Monthly Interest Due 661,718.75 70,333.33 89,458.33 821,510.42 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 661,718.75 70,333.33 89,458.33 821,510.42 Investor Default Amount 1,655,438.59 160,527.38 190,626.26 2,006,592.23 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Due Total Due 3,004,657.34 297,527.38 359,251.26 3,661,435.98 Reallocated Investor Finance Charge Collections 7,893,160.08 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8619% Base Rate 4.0268% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 661,718.75 70,333.33 89,458.33 821,510.42 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 661,718.75 70,333.33 89,458.33 821,510.42 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 11 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.60 2. Amount of the distribution in respect of Class A Monthly Interest: $1.60 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.76 2. Amount of the distribution in respect of class B monthly interest: $1.76 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 12 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $89,458.33 2. Amount distributed in respect of Collateral Monthly Interest: $89,458.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 13 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,511,857.06 a. Class A Monthly Interest: $661,718.75 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $1,655,438.59 e. Excess Spread: $4,194,699.73 2. Class B Available Funds: $631,452.81 a. Class B Monthly Interest: $70,333.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $561,119.47 3. Collateral Available Funds: $749,850.21 a. Excess Spread: $749,850.21 4. Total Excess Spread: $5,505,669.41 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2000-2 Allocable Principal Collections: $136,708,464.28 3. Principal Allocation Percentage of Series 2000-2 Allocable Principal Collections: $118,145,562.52 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $118,145,562.52 6. Shared Principal Collections from other Series allocated to Series 2000-2: N/A 7. Other amounts Treated as Available Principal Collections: $2,006,592.23 8. Available Principal Collections (total of 5., 6. & 7.): $120,152,154.75 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $47,500,000.00 2. Required Collateral Invested Amount: $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $120,152,154.75 - 14 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-2 1. Excess Spread: $5,505,669.41 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $160,527.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $89,458.33 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $190,626.26 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $2,062,500.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $2,169,224.10 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0268% b. Prior Monthly Period 3.8646% c. Second Prior Monthly Period 3.5148% 2. Three Month Average Base Rate 3.8020% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8619% b. Prior Monthly Period 14.3691% c. Second Prior Monthly Period 13.4829% 4. Three Month Average Series Adjusted Portfolio Yield 13.9046% - 15 -
IV. Series 2000-3 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,157,118,907.92 1,000,000,000.00 157,118,907.92 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 18,215,277.07 15,741,923.28 2,473,353.79 Collections of Principal Receivables 273,416,928.56 236,291,125.04 37,125,803.52 Defaulted Amount 4,643,731.61 4,013,184.45 630,547.16 Ending Invested / Transferor Amounts 1,149,398,178.07 1,000,000,000.00 149,398,178.07 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9200% 2.1100% 2.2600% Monthly Interest Due 1,320,000.00 140,666.67 178,916.67 1,639,583.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,320,000.00 140,666.67 178,916.67 1,639,583.33 Investor Default Amount 3,310,877.17 321,054.76 381,252.52 4,013,184.45 Investor Monthly Fees Due 1,375,000.00 133,333.33 158,333.33 1,666,666.67 Investor Additional Amounts Due Total Due 6,005,877.17 595,054.76 718,502.52 7,319,434.45 Reallocated Investor Finance Charge Collections 15,782,882.66 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8579% Base Rate 4.0226% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00 Interest Distributions 1,320,000.00 140,666.67 178,916.67 1,639,583.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,320,000.00 140,666.67 178,916.67 1,639,583.33 Ending Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00
- 16 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.60 2. Amount of the distribution in respect of Class A Monthly Interest: $1.60 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.76 2. Amount of the distribution in respect of class B monthly interest: $1.76 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 17 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $178,916.67 2. Amount distributed in respect of Collateral Monthly Interest: $178,916.67 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 18 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $13,020,878.19 a. Class A Monthly Interest: $1,320,000.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,310,877.17 e. Excess Spread: $8,390,001.02 2. Class B Available Funds: $1,262,630.61 a. Class B Monthly Interest: $140,666.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,121,963.95 3. Collateral Available Funds: $1,499,373.85 a. Excess Spread: $1,499,373.85 4. Total Excess Spread: $11,011,338.82 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2000-3 Allocable Principal Collections: $273,416,928.56 3. Principal Allocation Percentage of Series 2000-3 Allocable Principal Collections: $236,291,125.04 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $236,291,125.04 6. Shared Principal Collections from other Series allocated to Series 2000-3: N/A 7. Other amounts Treated as Available Principal Collections: $4,013,184.45 8. Available Principal Collections (total of 5., 6. & 7.): $240,304,309.49 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $95,000,000.00 2. Required Collateral Invested Amount: $95,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $240,304,309.49 - 19 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-3 1. Excess Spread: $11,011,338.82 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $321,054.76 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $178,916.67 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $381,252.52 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $8,463,448.20 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0226% b. Prior Monthly Period 3.8604% c. Second Prior Monthly Period 3.5106% 2. Three Month Average Base Rate 3.7979% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8579% b. Prior Monthly Period 14.3649% c. Second Prior Monthly Period 13.4786% 4. Three Month Average Series Adjusted Portfolio Yield 13.9005% - 20 -
V. Series 2000-4 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- ------------- ----------- Beginning Invested /Transferor Amount 1,402,569,284.91 1,212,122,000.00 190,447,284.91 Beginning Adjusted Invested Amount N/A 1,212,122,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 22,079,138.08 19,081,131.53 2,998,006.55 Collections of Principal Receivables 331,414,674.28 286,413,671.07 45,001,003.21 Defaulted Amount 5,628,769.25 4,864,469.16 764,300.08 Ending Invested / Transferor Amounts 1,393,210,818.40 1,212,122,000.00 181,088,818.40 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 2.0050% 2.2300% 2.2600% Monthly Interest Due 1,670,833.33 180,202.58 216,869.60 2,067,905.52 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,670,833.33 180,202.58 216,869.60 2,067,905.52 Investor Default Amount 4,013,184.45 389,158.50 462,126.22 4,864,469.16 Investor Monthly Fees Due 1,666,666.67 161,616.67 191,920.00 2,020,203.33 Investor Additional Amounts Due Total Due 7,350,684.45 730,977.75 870,915.82 8,952,578.01 Reallocated Investor Finance Charge Collections 19,211,309.78 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.9361% Base Rate 4.1034% Excess Spread Percentage 10.1561% ---------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 1,000,000,000.00 96,970,000.00 115,152,000.00 1,212,122,000.00 Interest Distributions 1,670,833.33 180,202.58 216,869.60 2,067,905.52 Interest Deposits - Interest Funding Account (1,670,833.33) (180,202.58) 0.00 (1,851,035.92) Interest Funding Account Distributions 0.00 0.00 0.00 0.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 0.00 0.00 216,869.60 216,869.60 Ending Interest Funding Account Balance 1,670,833.33 180,202.58 0.00 1,851,035.92 Ending Certificates Balance 1,000,000,000.00 96,970,000.00 115,152,000.00 1,212,122,000.00
- 21 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.67 2. Amount of the distribution in respect of Class A Monthly Interest: $1.67 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.86 2. Amount of the distribution in respect of class B monthly interest: $1.86 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 22 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $216,869.60 2. Amount distributed in respect of Collateral Monthly Interest: $216,869.60 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 23 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds (Includes Int. Income from IFA): $15,849,320.27 a. Class A Monthly Interest: $1,670,833.33 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $4,013,184.45 e. Excess Spread: $10,165,302.48 2. Class B Available Funds: $1,536,908.59 a. Class B Monthly Interest: $180,202.58 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,356,706.00 3. Collateral Available Funds: $1,825,080.93 a. Excess Spread: $1,825,080.93 4. Total Excess Spread: $13,347,089.41 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2000-4 Allocable Principal Collections: $331,414,674.28 3. Principal Allocation Percentage of Series 2000-4 Allocable Principal Collections: $286,413,671.07 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $286,413,671.07 6. Shared Principal Collections from other Series allocated to Series 2000-4: N/A 7. Other amounts Treated as Available Principal Collections: $4,864,469.16 8. Available Principal Collections (total of 5., 6. & 7.): $291,278,140.23 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $115,152,000.00 2. Required Collateral Invested Amount: $115,152,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $291,278,140.23 - 24 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-4 1. Excess Spread: $13,347,089.41 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $389,158.50 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $216,869.60 9. Applied to unpaid Monthly Servicing Fee: $2,020,203.33 10. Collateral Default Amount treated as Available Principal Collections: $462,126.22 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $10,258,731.76 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.1034% b. Prior Monthly Period 3.7577% c. Second Prior Monthly Period 3.6098% 2. Three Month Average Base Rate 3.8236% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.9361% b. Prior Monthly Period 14.2662% c. Second Prior Monthly Period 13.5824% 4. Three Month Average Series Adjusted Portfolio Yield 13.9282% - 25 -
VI. Series 2000-5 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 911,668,530.94 787,878,000.00 123,790,530.94 Beginning Adjusted Invested Amount N/A 787,878,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 14,351,416.07 12,402,715.03 1,948,701.04 Collections of Principal Receivables 215,419,182.84 186,168,579.02 29,250,603.82 Defaulted Amount 3,658,693.97 3,161,899.74 496,794.23 Ending Invested / Transferor Amounts 905,585,537.74 787,878,000.00 117,707,537.74 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------ ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9000% 2.1400% 2.2600% Monthly Interest Due 1,029,166.67 112,403.50 140,963.73 1,282,533.90 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,029,166.67 112,403.50 140,963.73 1,282,533.90 Investor Default Amount 2,608,569.89 252,951.02 300,378.83 3,161,899.74 Investor Monthly Fees Due 1,083,333.33 105,050.00 124,746.67 1,313,130.00 Investor Additional Amounts Due Total Due 4,721,069.89 470,404.52 566,089.23 5,757,563.64 Reallocated Investor Finance Charge Collections 12,425,728.28 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8440% Base Rate 4.0083% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 650,000,000.00 63,030,000.00 74,848,000.00 787,878,000.00 Interest Distributions 1,029,166.67 112,403.50 140,963.73 1,282,533.90 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,029,166.67 112,403.50 140,963.73 1,282,533.90 Ending Certificates Balance 650,000,000.00 63,030,000.00 74,848,000.00 787,878,000.00
- 26 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.58 2. Amount of the distribution in respect of Class A Monthly Interest: $1.58 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.78 2. Amount of the distribution in respect of class B monthly interest: $1.78 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 27 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $140,963.73 2. Amount distributed in respect of Collateral Monthly Interest: $140,963.73 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 28 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $10,251,236.09 a. Class A Monthly Interest: $1,029,166.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,608,569.89 e. Excess Spread: $6,613,499.53 2. Class B Available Funds: $994,054.48 a. Class B Monthly Interest: $112,403.50 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $881,650.98 3. Collateral Available Funds: $1,180,437.72 a. Excess Spread: $1,180,437.72 4. Total Excess Spread: $8,675,588.22 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2000-5 Allocable Principal Collections: $215,419,182.84 3. Principal Allocation Percentage of Series 2000-5 Allocable Principal Collections: $186,168,579.02 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $186,168,579.02 6. Shared Principal Collections from other Series allocated to Series 2000-5: N/A 7. Other amounts Treated as Available Principal Collections: $3,161,899.74 8. Available Principal Collections (total of 5., 6. & 7.): $189,330,478.75 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $74,848,000.00 2. Required Collateral Invested Amount: $74,848,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $189,330,478.75 - 29 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-5 1. Excess Spread: $8,675,588.22 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $252,951.02 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $140,963.73 9. Applied to unpaid Monthly Servicing Fee: $1,313,130.00 10. Collateral Default Amount treated as Available Principal Collections: $300,378.83 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,668,164.64 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0083% b. Prior Monthly Period 3.8461% c. Second Prior Monthly Period 3.4963% 2. Three Month Average Base Rate 3.7836% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8440% b. Prior Monthly Period 14.3506% c. Second Prior Monthly Period 13.4638% 4. Three Month Average Series Adjusted Portfolio Yield 13.8862% - 30 -
VII. Series 2001-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 867,839,180.94 750,000,000.00 117,839,180.94 Beginning Adjusted Invested Amount N/A 750,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 13,661,457.80 11,806,442.46 1,855,015.35 Collections of Principal Receivables 205,062,696.42 177,218,343.78 27,844,352.64 Defaulted Amount 3,482,798.71 3,009,888.34 472,910.37 Ending Invested / Transferor Amounts 862,048,633.55 750,000,000.00 112,048,633.55 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9000% 2.1800% 2.2600% Monthly Interest Due 979,687.50 109,000.00 134,187.50 1,222,875.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 979,687.50 109,000.00 134,187.50 1,222,875.00 Investor Default Amount 2,483,157.88 240,791.07 285,939.39 3,009,888.34 Investor Monthly Fees Due 1,031,250.00 100,000.00 118,750.00 1,250,000.00 Investor Additional Amounts Due Total Due 4,494,095.38 449,791.07 538,876.89 5,482,763.34 Reallocated Investor Finance Charge Collections 11,830,349.49 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8472% Base Rate 4.0116% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00 Interest Distributions 979,687.50 109,000.00 134,187.50 1,222,875.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 979,687.50 109,000.00 134,187.50 1,222,875.00 Ending Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00
- 31 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.58 2. Amount of the distribution in respect of Class A Monthly Interest: $1.58 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.82 2. Amount of the distribution in respect of class B monthly interest: $1.82 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 32 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $134,187.50 2. Amount distributed in respect of Collateral Monthly Interest: $134,187.50 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 33 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,760,038.33 a. Class A Monthly Interest: $979,687.50 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,483,157.88 e. Excess Spread: $6,297,192.95 2. Class B Available Funds: $946,427.96 a. Class B Monthly Interest: $109,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $837,427.96 3. Collateral Available Funds: $1,123,883.20 a. Excess Spread: $1,123,883.20 4. Total Excess Spread: $8,258,504.11 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2001-1 Allocable Principal Collections: $205,062,696.42 3. Principal Allocation Percentage of Series 2001-1 Allocable Principal Collections: $177,218,343.78 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $177,218,343.78 6. Shared Principal Collections from other Series allocated to Series 2001-1: N/A 7. Other amounts Treated as Available Principal Collections: $3,009,888.34 8. Available Principal Collections (total of 5., 6. & 7.): $180,228,232.12 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $71,250,000.00 2. Required Collateral Invested Amount: $71,250,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $180,228,232.12 - 34 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-1 1. Excess Spread: $8,258,504.11 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $240,791.07 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $134,187.50 9. Applied to unpaid Monthly Servicing Fee: $1,250,000.00 10. Collateral Default Amount treated as Available Principal Collections: $285,939.39 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,347,586.15 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0116% b. Prior Monthly Period 3.8493% c. Second Prior Monthly Period 3.4995% 2. Three Month Average Base Rate 3.7868% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8472% b. Prior Monthly Period 14.3539% c. Second Prior Monthly Period 13.4672% 4. Three Month Average Series Adjusted Portfolio Yield 13.8894% - 35 -
VIII. Series 2001-2 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 289,279,726.98 250,000,000.00 39,279,726.98 Beginning Adjusted Invested Amount N/A 250,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 4,553,819.27 3,935,480.82 618,338.45 Collections of Principal Receivables 68,354,232.14 59,072,781.26 9,281,450.88 Defaulted Amount 1,160,932.90 1,003,296.11 157,636.79 Ending Invested / Transferor Amounts 287,349,544.52 250,000,000.00 37,349,544.52 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 5.5300% 5.8300% 2.6100% Monthly Interest Due 996,552.08 72,875.00 40,781.25 1,110,208.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 996,552.08 72,875.00 40,781.25 1,110,208.33 Investor Default Amount 867,851.14 60,197.77 75,247.21 1,003,296.11 Investor Monthly Fees Due 360,416.67 25,000.00 31,250.00 416,666.67 Investor Additional Amounts Due Total Due 2,224,819.89 158,072.77 147,278.46 2,530,171.11 Reallocated Investor Finance Charge Collections 4,174,437.31 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 14.9351% Base Rate 7.4308% Excess Spread Percentage 7.8925% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 216,250,000.00 15,000,000.00 18,750,000.00 250,000,000.00 Interest Distributions 996,552.08 72,875.00 40,781.25 1,110,208.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 996,552.08 72,875.00 40,781.25 1,110,208.33 Ending Certificates Balance 216,250,000.00 15,000,000.00 18,750,000.00 250,000,000.00
- 36 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $4.61 2. Amount of the distribution in respect of Class A Monthly Interest: $4.61 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $4.86 2. Amount of the distribution in respect of class B monthly interest: $4.86 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 37 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $40,781.25 2. Amount distributed in respect of Collateral Monthly Interest: $40,781.25 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 38 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $3,610,888.27 a. Class A Monthly Interest: $996,552.08 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $867,851.14 e. Excess Spread: $1,746,485.05 2. Class B Available Funds: $250,466.24 a. Class B Monthly Interest: $72,875.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $177,591.24 3. Collateral Available Funds: $313,082.80 a. Excess Spread: $313,082.80 4. Total Excess Spread: $2,237,159.08 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2001-2 Allocable Principal Collections: $68,354,232.14 3. Principal Allocation Percentage of Series 2001-2 Allocable Principal Collections: $59,072,781.26 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $59,072,781.26 6. Shared Principal Collections from other Series allocated to Series 2001-2: N/A 7. Other amounts Treated as Available Principal Collections: $1,003,296.11 8. Available Principal Collections (total of 5., 6. & 7.): $60,076,077.37 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $18,750,000.00 2. Required Collateral Invested Amount: $18,750,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $60,076,077.37 - 39 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-2 1. Excess Spread: $2,237,159.08 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $60,197.77 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $40,781.25 9. Applied to unpaid Monthly Servicing Fee: $416,666.67 10. Collateral Default Amount treated as Available Principal Collections: $75,247.21 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $1,644,266.19 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 7.4308% b. Prior Monthly Period 7.4186% c. Second Prior Monthly Period 6.9499% 2. Three Month Average Base Rate 7.2664% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 14.9351% b. Prior Monthly Period 15.4895% c. Second Prior Monthly Period 14.5870% 4. Three Month Average Series Adjusted Portfolio Yield 15.0039% - 40 -
IX. Series 2001-3 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 867,839,180.94 750,000,000.00 117,839,180.94 Beginning Adjusted Invested Amount N/A 750,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 13,661,457.80 11,806,442.46 1,855,015.35 Collections of Principal Receivables 205,062,696.42 177,218,343.78 27,844,352.64 Defaulted Amount 3,482,798.71 3,009,888.34 472,910.37 Ending Invested / Transferor Amounts 862,048,633.55 750,000,000.00 112,048,633.55 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8900% 2.1400% 2.2600% Monthly Interest Due 974,531.25 107,000.00 134,187.50 1,215,718.75 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 974,531.25 107,000.00 134,187.50 1,215,718.75 Investor Default Amount 2,483,157.88 240,791.07 285,939.39 3,009,888.34 Investor Monthly Fees Due 1,031,250.00 100,000.00 118,750.00 1,250,000.00 Investor Additional Amounts Due Total Due 4,488,939.13 447,791.07 538,876.89 5,475,607.09 Reallocated Investor Finance Charge Collections 11,823,193.24 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8359% Base Rate 3.9999% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00 Interest Distributions 974,531.25 107,000.00 134,187.50 1,215,718.75 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 974,531.25 107,000.00 134,187.50 1,215,718.75 Ending Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00
- 41 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.58 2. Amount of the distribution in respect of Class A Monthly Interest: $1.58 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.78 2. Amount of the distribution in respect of class B monthly interest: $1.78 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 42 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $134,187.50 2. Amount distributed in respect of Collateral Monthly Interest: $134,187.50 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 43 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,754,134.42 a. Class A Monthly Interest: $974,531.25 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,483,157.88 e. Excess Spread: $6,296,445.30 2. Class B Available Funds: $945,855.46 a. Class B Monthly Interest: $107,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $838,855.46 3. Collateral Available Funds: $1,123,203.36 a. Excess Spread: $1,123,203.36 4. Total Excess Spread: $8,258,504.11 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2001-3 Allocable Principal Collections: $205,062,696.42 3. Principal Allocation Percentage of Series 2001-3 Allocable Principal Collections: $177,218,343.78 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $177,218,343.78 6. Shared Principal Collections from other Series allocated to Series 2001-3 N/A 7. Other amounts Treated as Available Principal Collections: $3,009,888.34 8. Available Principal Collections (total of 5., 6. & 7.): $180,228,232.12 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $71,250,000.00 2. Required Collateral Invested Amount: $71,250,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $180,228,232.12 - 44 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-3 1. Excess Spread: $8,258,504.11 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $240,791.07 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $134,187.50 9. Applied to unpaid Monthly Servicing Fee: $1,250,000.00 10. Collateral Default Amount treated as Available Principal Collections: $285,939.39 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,347,586.15 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9999% b. Prior Monthly Period 3.8377% c. Second Prior Monthly Period 3.4879% 2. Three Month Average Base Rate 3.7752% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8359% b. Prior Monthly Period 14.3423% c. Second Prior Monthly Period 13.4552% 4. Three Month Average Series Adjusted Portfolio Yield 13.8778% - 45 -
X. Series 2001-4 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 838,911,208.24 725,000,000.00 113,911,208.24 Beginning Adjusted Invested Amount N/A 725,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 13,206,075.88 11,412,894.38 1,793,181.50 Collections of Principal Receivables 198,227,273.21 171,311,065.65 26,916,207.55 Defaulted Amount 3,366,705.42 2,909,558.73 457,146.69 Ending Invested / Transferor Amounts 833,313,679.10 725,000,000.00 108,313,679.10 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- --------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8900% 2.1400% 2.2600% Monthly Interest Due 942,046.88 103,433.33 129,714.58 1,175,194.79 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 942,046.88 103,433.33 129,714.58 1,175,194.79 Investor Default Amount 2,400,385.95 232,764.70 276,408.08 2,909,558.73 Investor Monthly Fees Due 996,875.00 96,666.67 114,791.67 1,208,333.33 Investor Additional Amounts Due Total Due 4,339,307.83 432,864.70 520,914.33 5,293,086.85 Reallocated Investor Finance Charge Collections 11,429,086.80 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8359% Base Rate 3.9999% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 598,125,000.00 58,000,000.00 68,875,000.00 725,000,000.00 Interest Distributions 942,046.88 103,433.33 129,714.58 1,175,194.79 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 942,046.88 103,433.33 129,714.58 1,175,194.79 Ending Certificates Balance 598,125,000.00 58,000,000.00 68,875,000.00 725,000,000.00
- 46 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.58 2. Amount of the distribution in respect of Class A Monthly Interest: $1.58 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.78 2. Amount of the distribution in respect of class B monthly interest: $1.78 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 47 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $129,714.58 2. Amount distributed in respect of Collateral Monthly Interest: $129,714.58 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 48 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,428,996.61 a. Class A Monthly Interest: $942,046.88 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,400,385.95 e. Excess Spread: $6,086,563.79 2. Class B Available Funds: $914,326.94 a. Class B Monthly Interest: $103,433.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $810,893.61 3. Collateral Available Funds: $1,085,763.25 a. Excess Spread: $1,085,763.25 4. Total Excess Spread: $7,983,220.64 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2001-4 Allocable Principal Collections: $198,227,273.21 3. Principal Allocation Percentage of Series 2001-4 Allocable Principal Collections: $171,311,065.65 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $171,311,065.65 6. Shared Principal Collections from other Series allocated to Series 2001-4 N/A 7. Other amounts Treated as Available Principal Collections: $2,909,558.73 8. Available Principal Collections (total of 5., 6. & 7.): $174,220,624.38 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $68,875,000.00 2. Required Collateral Invested Amount: $68,875,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $174,220,624.38 - 49 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-4 1. Excess Spread: $7,983,220.64 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $232,764.70 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $129,714.58 9. Applied to unpaid Monthly Servicing Fee: $1,208,333.33 10. Collateral Default Amount treated as Available Principal Collections: $276,408.08 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,135,999.95 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9999% b. Prior Monthly Period 3.8377% c. Second Prior Monthly Period 3.4879% 2. Three Month Average Base Rate 3.7752% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8359% b. Prior Monthly Period 14.3423% c. Second Prior Monthly Period 13.4552% 4. Three Month Average Series Adjusted Portfolio Yield 13.8778% - 50 -
XI. Series 2001-5 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 578,559,453.96 500,000,000.00 78,559,453.96 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 9,107,638.54 7,870,961.64 1,236,676.90 Collections of Principal Receivables 136,708,464.28 118,145,562.52 18,562,901.76 Defaulted Amount 2,321,865.81 2,006,592.23 315,273.58 Ending Invested / Transferor Amounts 574,699,089.03 500,000,000.00 74,699,089.03 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------ ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9400% 2.2100% 2.2600% Monthly Interest Due 666,875.00 73,666.67 89,458.33 830,000.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 666,875.00 73,666.67 89,458.33 830,000.00 Investor Default Amount 1,655,438.59 160,527.38 190,626.26 2,006,592.23 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Due Total Due 3,009,813.59 300,860.71 359,251.26 3,669,925.56 Reallocated Investor Finance Charge Collections 7,901,649.66 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8819% Base Rate 4.0474% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------ ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 666,875.00 73,666.67 89,458.33 830,000.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 666,875.00 73,666.67 89,458.33 830,000.00 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 51 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.62 2. Amount of the distribution in respect of Class A Monthly Interest: $1.62 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.84 2. Amount of the distribution in respect of class B monthly interest: $1.84 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 52 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $89,458.33 2. Amount distributed in respect of Collateral Monthly Interest: $89,458.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 53 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,518,860.97 a. Class A Monthly Interest: $666,875.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $1,655,438.59 e. Excess Spread: $4,196,547.38 2. Class B Available Funds: $632,131.97 a. Class B Monthly Interest: $73,666.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $558,465.31 3. Collateral Available Funds: $750,656.72 a. Excess Spread: $750,656.72 4. Total Excess Spread: $5,505,669.41 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2001-5 Allocable Principal Collections: $136,708,464.28 3. Principal Allocation Percentage of Series 2001-5 Allocable Principal Collections: $118,145,562.52 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $118,145,562.52 6. Shared Principal Collections from other Series allocated to Series 2001-5 N/A 7. Other amounts Treated as Available Principal Collections: $2,006,592.23 8. Available Principal Collections (total of 5., 6. & 7.): $120,152,154.75 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $47,500,000.00 2. Required Collateral Invested Amount: $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $120,152,154.75 - 54 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-5 1. Excess Spread: $5,505,669.41 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $160,527.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $89,458.33 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $190,626.26 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,231,724.10 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0474% b. Prior Monthly Period 3.8852% c. Second Prior Monthly Period 3.5354% 2. Three Month Average Base Rate 3.8227% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8819% b. Prior Monthly Period 14.3898% c. Second Prior Monthly Period 13.5042% 4. Three Month Average Series Adjusted Portfolio Yield 13.9253% - 55 -
XII. Series 2001-6 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 809,983,235.54 700,000,000.00 109,983,235.54 Beginning Adjusted Invested Amount N/A 700,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 12,750,693.95 11,019,346.30 1,731,347.66 Collections of Principal Receivables 191,391,849.99 165,403,787.53 25,988,062.46 Defaulted Amount 3,250,612.13 2,809,229.12 441,383.01 Ending Invested / Transferor Amounts 804,578,724.65 700,000,000.00 104,578,724.65 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8800% 2.1100% 2.2600% Monthly Interest Due 904,750.00 98,466.67 125,241.67 1,128,458.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 904,750.00 98,466.67 125,241.67 1,128,458.33 Investor Default Amount 2,317,614.02 224,738.33 266,876.77 2,809,229.12 Investor Monthly Fees Due 962,500.00 93,333.33 110,833.33 1,166,666.67 Investor Additional Amounts Due Total Due 4,184,864.02 416,538.33 502,951.77 5,104,354.12 Reallocated Investor Finance Charge Collections 11,028,767.86 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8255% Base Rate 3.9892% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 577,500,000.00 56,000,000.00 66,500,000.00 700,000,000.00 Interest Distributions 904,750.00 98,466.67 125,241.67 1,128,458.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 904,750.00 98,466.67 125,241.67 1,128,458.33 Ending Certificates Balance 577,500,000.00 56,000,000.00 66,500,000.00 700,000,000.00
- 56 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.57 2. Amount of the distribution in respect of Class A Monthly Interest: $1.57 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.76 2. Amount of the distribution in respect of class B monthly interest: $1.76 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 57 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $125,241.67 2. Amount distributed in respect of Collateral Monthly Interest: $125,241.67 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 58 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,098,733.48 a. Class A Monthly Interest: $904,750.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,317,614.02 e. Excess Spread: $5,876,369.46 2. Class B Available Funds: $882,301.43 a. Class B Monthly Interest: $98,466.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $783,834.76 3. Collateral Available Funds: $1,047,732.95 a. Excess Spread: $1,047,732.95 4. Total Excess Spread: $7,707,937.17 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2001-6 Allocable Principal Collections: $191,391,849.99 3. Principal Allocation Percentage of Series 2001-6 Allocable Principal Collections: $165,403,787.53 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $165,403,787.53 6. Shared Principal Collections from other Series allocated to Series 2001-6 N/A 7. Other amounts Treated as Available Principal Collections: $2,809,229.12 8. Available Principal Collections (total of 5., 6. & 7.): $168,213,016.65 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $66,500,000.00 2. Required Collateral Invested Amount: $66,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $168,213,016.65 - 59 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-6 1. Excess Spread: $7,707,937.17 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $224,738.33 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $125,241.67 9. Applied to unpaid Monthly Servicing Fee: $1,166,666.67 10. Collateral Default Amount treated as Available Principal Collections: $266,876.77 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $5,924,413.74 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9891% b. Prior Monthly Period 3.8269% c. Second Prior Monthly Period 3.4771% 2. Three Month Average Base Rate 3.7644% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8255% b. Prior Monthly Period 14.3315% c. Second Prior Monthly Period 13.4440% 4. Three Month Average Series Adjusted Portfolio Yield 13.8670% - 60 -
XIII. Series 2001-7 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 752,127,290.15 650,000,000.00 102,127,290.15 Beginning Adjusted Invested Amount N/A 650,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 11,839,930.10 10,232,250.13 1,607,679.97 Collections of Principal Receivables 177,721,003.56 153,589,231.28 24,131,772.29 Defaulted Amount 3,018,425.55 2,608,569.89 409,855.65 Ending Invested / Transferor Amounts 747,108,815.74 650,000,000.00 97,108,815.74 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ----------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8800% 2.1200% 2.2600% Monthly Interest Due 840,125.00 91,866.67 116,295.83 1,048,287.50 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 840,125.00 91,866.67 116,295.83 1,048,287.50 Investor Default Amount 2,152,070.16 208,685.59 247,814.14 2,608,569.89 Investor Monthly Fees Due 893,750.00 86,666.67 102,916.67 1,083,333.33 Investor Additional Amounts Due Total Due 3,885,945.16 387,218.92 467,026.64 4,740,190.73 Reallocated Investor Finance Charge Collections 10,241,432.06 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8263% Base Rate 3.9900% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 536,250,000.00 52,000,000.00 61,750,000.00 650,000,000.00 Interest Distributions 840,125.00 91,866.67 116,295.83 1,048,287.50 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 840,125.00 91,866.67 116,295.83 1,048,287.50 Ending Certificates Balance 536,250,000.00 52,000,000.00 61,750,000.00 650,000,000.00
- 61 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.57 2. Amount of the distribution in respect of Class A Monthly Interest: $1.57 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.77 2. Amount of the distribution in respect of class B monthly interest: $1.77 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 62 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $116,295.83 2. Amount distributed in respect of Collateral Monthly Interest: $116,295.83 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 63 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $8,449,181.45 a. Class A Monthly Interest: $840,125.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,152,070.16 e. Excess Spread: $5,456,986.29 2. Class B Available Funds: $819,314.56 a. Class B Monthly Interest: $91,866.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $727,447.90 3. Collateral Available Funds: $972,936.05 a. Excess Spread: $972,936.05 4. Total Excess Spread: $7,157,370.23 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2001-7 Allocable Principal Collections: $177,721,003.56 3. Principal Allocation Percentage of Series 2001-7 Allocable Principal Collections: $153,589,231.28 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $153,589,231.28 6. Shared Principal Collections from other Series allocated to Series 2001-7 N/A 7. Other amounts Treated as Available Principal Collections: $2,608,569.89 8. Available Principal Collections (total of 5., 6. & 7.): $156,197,801.17 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $61,750,000.00 2. Required Collateral Invested Amount: $61,750,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $156,197,801.17 - 64 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-7 1. Excess Spread: $7,157,370.23 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $208,685.59 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $116,295.83 9. Applied to unpaid Monthly Servicing Fee: $1,083,333.33 10. Collateral Default Amount treated as Available Principal Collections: $247,814.14 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $5,501,241.33 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9900% b. Prior Monthly Period 3.8277% c. Second Prior Monthly Period 3.4779% 2. Three Month Average Base Rate 3.7652% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8263% b. Prior Monthly Period 14.3323% c. Second Prior Monthly Period 13.4449% 4. Three Month Average Series Adjusted Portfolio Yield 13.8678% - 65 -
XIV. Series 2002-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,064,549,395.29 920,000,000.00 144,549,395.29 Beginning Adjusted Invested Amount N/A 920,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 16,758,054.91 14,482,569.42 2,275,485.49 Collections of Principal Receivables 251,543,574.27 217,387,835.04 34,155,739.24 Defaulted Amount 4,272,233.08 3,692,129.70 580,103.39 Ending Invested / Transferor Amounts 1,057,446,323.82 920,000,000.00 137,446,323.82 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8700% 2.1600% 2.2600% Monthly Interest Due 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Investor Default Amount 3,046,007.00 295,370.38 350,752.32 3,692,129.70 Investor Monthly Fees Due 1,265,000.00 122,666.67 145,666.67 1,533,333.33 Investor Additional Amounts Due Total Due 5,493,782.00 550,517.04 661,022.32 6,705,321.36 Reallocated Investor Finance Charge Collections 14,491,693.71 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8213% Base Rate 3.9848% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Ending Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00
- 66 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.56 2. Amount of the distribution in respect of Class A Monthly Interest: $1.56 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.80 2. Amount of the distribution in respect of class B monthly interest: $1.80 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 67 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $164,603.33 2. Amount distributed in respect of Collateral Monthly Interest: $164,603.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 68 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $11,955,647.31 a. Class A Monthly Interest: $1,182,775.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,046,007.00 e. Excess Spread: $7,726,865.31 2. Class B Available Funds: $1,159,335.50 a. Class B Monthly Interest: $132,480.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,026,855.50 3. Collateral Available Funds: $1,376,710.90 a. Excess Spread: $1,376,710.90 4. Total Excess Spread: $10,130,431.71 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2002-1 Allocable Principal Collections: $251,543,574.27 3. Principal Allocation Percentage of Series 2002-1 Allocable Principal Collections: $217,387,835.04 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $217,387,835.04 6. Shared Principal Collections from other Series allocated to Series 2002-1 N/A 7. Other amounts Treated as Available Principal Collections: $3,692,129.70 8. Available Principal Collections (total of 5., 6. & 7.): $221,079,964.73 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $87,400,000.00 2. Required Collateral Invested Amount: $87,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $221,079,964.73 - 69 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-1 1. Excess Spread: $10,130,431.71 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $295,370.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $164,603.33 9. Applied to unpaid Monthly Servicing Fee: $1,533,333.33 10. Collateral Default Amount treated as Available Principal Collections: $350,752.32 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,786,372.35 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9848% b. Prior Monthly Period 3.8226% c. Second Prior Monthly Period 3.4728% 2. Three Month Average Base Rate 3.7601% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8213% b. Prior Monthly Period 14.3272% c. Second Prior Monthly Period 13.4396% 4. Three Month Average Series Adjusted Portfolio Yield 13.8627% - 70 -
XV. Series 2002-2 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,087,691,773.45 940,000,000.00 147,691,773.45 Beginning Adjusted Invested Amount N/A 940,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 17,122,360.45 14,797,407.88 2,324,952.57 Collections of Principal Receivables 257,011,912.85 222,113,657.54 34,898,255.31 Defaulted Amount 4,365,107.71 3,772,393.38 592,714.33 Ending Invested / Transferor Amounts 1,080,434,287.38 940,000,000.00 140,434,287.38 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8700% 2.1500% 2.2600% Monthly Interest Due 1,208,487.50 134,733.33 168,181.67 1,511,402.50 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,208,487.50 134,733.33 168,181.67 1,511,402.50 Investor Default Amount 3,112,224.54 301,791.47 358,377.37 3,772,393.38 Investor Monthly Fees Due 1,292,500.00 125,333.33 148,833.33 1,566,666.67 Investor Additional Amounts Due Total Due 5,613,212.04 561,858.14 675,392.37 6,850,462.55 Reallocated Investor Finance Charge Collections 14,806,103.86 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8205% Base Rate 3.9840% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ----------- ------ Beginning Certificates Balance 775,500,000.00 75,200,000.00 89,300,000.00 940,000,000.00 Interest Distributions 1,208,487.50 134,733.33 168,181.67 1,511,402.50 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,208,487.50 134,733.33 168,181.67 1,511,402.50 Ending Certificates Balance 775,500,000.00 75,200,000.00 89,300,000.00 940,000,000.00
- 71 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.56 2. Amount of the distribution in respect of Class A Monthly Interest: $1.56 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.79 2. Amount of the distribution in respect of class B monthly interest: $1.79 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 72 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $168,181.67 2. Amount distributed in respect of Collateral Monthly Interest: $168,181.67 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 73 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $12,215,035.69 a. Class A Monthly Interest: $1,208,487.50 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,112,224.54 e. Excess Spread: $7,894,323.65 2. Class B Available Funds: $1,184,488.31 a. Class B Monthly Interest: $134,733.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,049,754.98 3. Collateral Available Funds: $1,406,579.87 a. Excess Spread: $1,406,579.87 4. Total Excess Spread: $10,350,658.49 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2002-2 Allocable Principal Collections: $257,011,912.85 3. Principal Allocation Percentage of Series 2002-2 Allocable Principal Collections: $222,113,657.54 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $222,113,657.54 6. Shared Principal Collections from other Series allocated to Series 2002-2 N/A 7. Other amounts Treated as Available Principal Collections: $3,772,393.38 8. Available Principal Collections (total of 5., 6. & 7.): $225,886,050.92 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $89,300,000.00 2. Required Collateral Invested Amount: $89,300,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $225,886,050.92 - 74 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-2 1. Excess Spread: $10,350,658.49 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $301,791.47 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $168,181.67 9. Applied to unpaid Monthly Servicing Fee: $1,566,666.67 10. Collateral Default Amount treated as Available Principal Collections: $358,377.37 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,955,641.31 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9840% b. Prior Monthly Period 3.8218% c. Second Prior Monthly Period 3.4720% 2. Three Month Average Base Rate 3.7593% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8205% b. Prior Monthly Period 14.3263% c. Second Prior Monthly Period 13.4388% 4. Three Month Average Series Adjusted Portfolio Yield 13.8619% - 75 -
XVI. Series 2002-3 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,064,549,395.29 920,000,000.00 144,549,395.29 Beginning Adjusted Invested Amount N/A 920,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 16,758,054.91 14,482,569.42 2,275,485.49 Collections of Principal Receivables 251,543,574.27 217,387,835.04 34,155,739.24 Defaulted Amount 4,272,233.08 3,692,129.70 580,103.39 Ending Invested / Transferor Amounts 1,057,446,323.82 920,000,000.00 137,446,323.82 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8700% 2.1400% 2.2600% Monthly Interest Due 1,182,775.00 131,253.33 164,603.33 1,478,631.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,182,775.00 131,253.33 164,603.33 1,478,631.67 Investor Default Amount 3,046,007.00 295,370.38 350,752.32 3,692,129.70 Investor Monthly Fees Due 1,265,000.00 122,666.67 145,666.67 1,533,333.33 Investor Additional Amounts Due Total Due 5,493,782.00 549,290.38 661,022.32 6,704,094.70 Reallocated Investor Finance Charge Collections 14,490,467.04 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8198% Base Rate 3.9832% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 1,182,775.00 131,253.33 164,603.33 1,478,631.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,182,775.00 131,253.33 164,603.33 1,478,631.67 Ending Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00
- 76 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution $1.56 2. Amount of the distribution in respect of Class A Monthly Interest: $1.56 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.78 2. Amount of the distribution in respect of class B monthly interest: $1.78 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 77 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $164,603.33 2. Amount distributed in respect of Collateral Monthly Interest: $164,603.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 78 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $11,954,635.31 a. Class A Monthly Interest: $1,182,775.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,046,007.00 e. Excess Spread: $7,725,853.31 2. Class B Available Funds: $1,159,237.36 a. Class B Monthly Interest: $131,253.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,027,984.03 3. Collateral Available Funds: $1,376,594.37 a. Excess Spread: $1,376,594.37 4. Total Excess Spread: $10,130,431.71 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2002-3 Allocable Principal Collections: $251,543,574.27 3. Principal Allocation Percentage of Series 2002-3 Allocable Principal Collections: $217,387,835.04 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $217,387,835.04 6. Shared Principal Collections from other Series allocated to Series 2002-3 N/A 7. Other amounts Treated as Available Principal Collections: $3,692,129.70 8. Available Principal Collections (total of 5., 6. & 7.): $221,079,964.73 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $87,400,000.00 2. Required Collateral Invested Amount: $87,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $221,079,964.73 - 79 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-3 1. Excess Spread: $10,130,431.71 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $295,370.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $164,603.33 9. Applied to unpaid Monthly Servicing Fee: $1,533,333.33 10. Collateral Default Amount treated as Available Principal Collections: $350,752.32 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,786,372.35 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9832% b. Prior Monthly Period 3.8210% c. Second Prior Monthly Period 3.4712% 2. Three Month Average Base Rate 3.7585% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8198% b. Prior Monthly Period 14.3255% c. Second Prior Monthly Period 13.4379% 4. Three Month Average Series Adjusted Portfolio Yield 13.8611% - 80 -
XVII. Series 2002-4 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 578,559,453.96 500,000,000.00 78,559,453.96 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 9,107,638.54 7,870,961.64 1,236,676.90 Collections of Principal Receivables 136,708,464.28 118,145,562.52 18,562,901.76 Defaulted Amount 2,321,865.81 2,006,592.23 315,273.58 Ending Invested / Transferor Amounts 574,699,089.03 500,000,000.00 74,699,089.03 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8000% 2.0700% 2.2600% Monthly Interest Due 618,750.00 69,000.00 89,458.33 777,208.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 618,750.00 69,000.00 89,458.33 777,208.33 Investor Default Amount 1,655,438.59 160,527.38 190,626.26 2,006,592.23 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Due Total Due 2,961,688.59 296,194.04 359,251.26 3,617,133.89 Reallocated Investor Finance Charge Collections 7,848,857.99 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.7576% Base Rate 3.9190% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 618,750.00 69,000.00 89,458.33 777,208.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 618,750.00 69,000.00 89,458.33 777,208.33 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 81 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.50 2. Amount of the distribution in respect of Class A Monthly Interest: $1.50 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.73 2. Amount of the distribution in respect of class B monthly interest: $1.73 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 82 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $89,458.33 2. Amount distributed in respect of Collateral Monthly Interest: $89,458.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 83 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,475,307.85 a. Class A Monthly Interest: $618,750.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $1,655,438.59 e. Excess Spread: $4,201,119.26 2. Class B Available Funds: $627,908.64 a. Class B Monthly Interest: $69,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $558,908.64 3. Collateral Available Funds: $745,641.51 a. Excess Spread: $745,641.51 4. Total Excess Spread: $5,505,669.41 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2002-4 Allocable Principal Collections: $136,708,464.28 3. Principal Allocation Percentage of Series 2002-4 Allocable Principal Collections: $118,145,562.52 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $118,145,562.52 6. Shared Principal Collections from other Series allocated to Series 2002-4 N/A 7. Other amounts Treated as Available Principal Collections: $2,006,592.23 8. Available Principal Collections (total of 5., 6. & 7.): $120,152,154.75 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $47,500,000.00 2. Required Collateral Invested Amount: $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $120,152,154.75 - 84 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-4 1. Excess Spread: $5,505,669.41 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $160,527.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $89,458.33 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $190,626.26 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,231,724.10 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9190% b. Prior Monthly Period 3.7568% c. Second Prior Monthly Period 3.4070% 2. Three Month Average Base Rate 3.6942% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.7576% b. Prior Monthly Period 14.2613% c. Second Prior Monthly Period 13.3716% 4. Three Month Average Series Adjusted Portfolio Yield 13.7968% - 85 -
XVIII. Series 2002-5 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 694,271,344.75 600,000,000.00 94,271,344.75 Beginning Adjusted Invested Amount N/A 600,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 10,929,166.24 9,445,153.97 1,484,012.28 Collections of Principal Receivables 164,050,157.14 141,774,675.02 22,275,482.11 Defaulted Amount 2,786,238.97 2,407,910.67 378,328.30 Ending Invested / Transferor Amounts 689,638,906.84 600,000,000.00 89,638,906.84 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9300% 2.2100% 2.2600% Monthly Interest Due 796,125.00 88,400.00 107,350.00 991,875.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 796,125.00 88,400.00 107,350.00 991,875.00 Investor Default Amount 1,986,526.30 192,632.85 228,751.51 2,407,910.67 Investor Monthly Fees Due 825,000.00 80,000.00 95,000.00 1,000,000.00 Investor Additional Amounts Due Total Due 3,607,651.30 361,032.85 431,101.51 4,399,785.67 Reallocated Investor Finance Charge Collections 9,477,854.59 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8738% Base Rate 4.0391% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 495,000,000.00 48,000,000.00 57,000,000.00 600,000,000.00 Interest Distributions 796,125.00 88,400.00 107,350.00 991,875.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 796,125.00 88,400.00 107,350.00 991,875.00 Ending Certificates Balance 495,000,000.00 48,000,000.00 57,000,000.00 600,000,000.00
- 86 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.61 2. Amount of the distribution in respect of Class A Monthly Interest: $1.61 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.84 2. Amount of the distribution in respect of class B monthly interest: $1.84 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 87 - . Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $107,350.00 2. Amount distributed in respect of Collateral Monthly Interest: $107,350.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 88 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $7,819,230.04 a. Class A Monthly Interest: $796,125.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $1,986,526.30 e. Excess Spread: $5,036,578.74 2. Class B Available Funds: $758,228.37 a. Class B Monthly Interest: $88,400.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $669,828.37 3. Collateral Available Funds: $900,396.19 a. Excess Spread: $900,396.19 4. Total Excess Spread: $6,606,803.29 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2002-5 Allocable Principal Collections: $164,050,157.14 3. Principal Allocation Percentage of Series 2002-5 Allocable Principal Collections: $141,774,675.02 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $141,774,675.02 6. Shared Principal Collections from other Series allocated to Series 2002-5 N/A 7. Other amounts Treated as Available Principal Collections: $2,407,910.67 8. Available Principal Collections (total of 5., 6. & 7.): $144,182,585.70 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $57,000,000.00 2. Required Collateral Invested Amount: $57,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $144,182,585.70 - 89 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-5 1. Excess Spread: $6,606,803.29 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $192,632.85 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $107,350.00 9. Applied to unpaid Monthly Servicing Fee: $1,000,000.00 10. Collateral Default Amount treated as Available Principal Collections: $228,751.51 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $5,078,068.92 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0391% b. Prior Monthly Period 3.8769% c. Second Prior Monthly Period 3.5271% 2. Three Month Average Base Rate 3.8143% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8738% b. Prior Monthly Period 14.3814% c. Second Prior Monthly Period 13.4956% 4. Three Month Average Series Adjusted Portfolio Yield 13.9169% - 90 -
XIX. Series 2002-6 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 833,125,613.70 720,000,000.00 113,125,613.70 Beginning Adjusted Invested Amount N/A 720,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 13,114,999.49 11,334,184.76 1,780,814.73 Collections of Principal Receivables 196,860,188.56 170,129,610.03 26,730,578.53 Defaulted Amount 3,343,486.76 2,889,492.81 453,993.95 Ending Invested / Transferor Amounts 827,566,688.21 720,000,000.00 107,566,688.21 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ----------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9000% 2.2100% 2.2600% Monthly Interest Due 940,500.00 106,080.00 128,820.00 1,175,400.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 940,500.00 106,080.00 128,820.00 1,175,400.00 Investor Default Amount 2,383,831.56 231,159.42 274,501.82 2,889,492.81 Investor Monthly Fees Due 990,000.00 96,000.00 114,000.00 1,200,000.00 Investor Additional Amounts Due Total Due 4,314,331.56 433,239.42 517,321.82 5,264,892.81 Reallocated Investor Finance Charge Collections 11,358,575.51 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8495% Base Rate 4.0140% Excess Spread Percentage 10.1561% ---------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 594,000,000.00 57,600,000.00 68,400,000.00 720,000,000.00 Interest Distributions 940,500.00 106,080.00 128,820.00 1,175,400.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 940,500.00 106,080.00 128,820.00 1,175,400.00 Ending Certificates Balance 594,000,000.00 57,600,000.00 68,400,000.00 720,000,000.00
- 91 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.58 2. Amount of the distribution in respect of Class A Monthly Interest: $1.58 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.84 2. Amount of the distribution in respect of class B monthly interest: $1.84 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 92 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $128,820.00 2. Amount distributed in respect of Collateral Monthly Interest: $128,820.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 93 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,370,824.80 a. Class A Monthly Interest: $940,500.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,383,831.56 e. Excess Spread: $6,046,493.23 2. Class B Available Funds: $908,686.04 a. Class B Monthly Interest: $106,080.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $802,606.04 3. Collateral Available Funds: $1,079,064.67 a. Excess Spread: $1,079,064.67 4. Total Excess Spread: $7,928,163.95 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2002-6 Allocable Principal Collections: $196,860,188.56 3. Principal Allocation Percentage of Series 2002-6 Allocable Principal Collections: $170,129,610.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $170,129,610.03 6. Shared Principal Collections from other Series allocated to Series 2002-6 N/A 7. Other amounts Treated as Available Principal Collections: $2,889,492.81 8. Available Principal Collections (total of 5., 6. & 7.): $173,019,102.84 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $68,400,000.00 2. Required Collateral Invested Amount: $68,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $173,019,102.84 - 94 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-6 1. Excess Spread: $7,928,163.95 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $231,159.42 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $128,820.00 9. Applied to unpaid Monthly Servicing Fee: $1,200,000.00 10. Collateral Default Amount treated as Available Principal Collections: $274,501.82 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,093,682.71 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0140% b. Prior Monthly Period 3.8518% c. Second Prior Monthly Period 3.5020% 2. Three Month Average Base Rate 3.7892% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8495% b. Prior Monthly Period 14.3563% c. Second Prior Monthly Period 13.4697% 4. Three Month Average Series Adjusted Portfolio Yield 13.8918% - 95 -
XX. Series 2003-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,064,549,395.29 920,000,000.00 144,549,395.29 Beginning Adjusted Invested Amount N/A 920,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 16,758,054.91 14,482,569.42 2,275,485.49 Collections of Principal Receivables 251,543,574.27 217,387,835.04 34,155,739.24 Defaulted Amount 4,272,233.08 3,692,129.70 580,103.39 Ending Invested / Transferor Amounts 1,057,446,323.82 920,000,000.00 137,446,323.82 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ----------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8700% 2.1600% 2.2600% Monthly Interest Due 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Investor Default Amount 3,046,007.00 295,370.38 350,752.32 3,692,129.70 Investor Monthly Fees Due 1,265,000.00 122,666.67 145,666.67 1,533,333.33 Investor Additional Amounts Due Total Due 5,493,782.00 550,517.04 661,022.32 6,705,321.36 Reallocated Investor Finance Charge Collections 14,491,693.71 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8213% Base Rate 3.9848% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,182,775.00 132,480.00 164,603.33 1,479,858.33 Ending Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00
- 96 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.56 2. Amount of the distribution in respect of Class A Monthly Interest: $1.56 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.80 2. Amount of the distribution in respect of class B monthly interest: $1.80 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 97 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $164,603.33 2. Amount distributed in respect of Collateral Monthly Interest: $164,603.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 98 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $11,955,647.31 a. Class A Monthly Interest: $1,182,775.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,046,007.00 e. Excess Spread: $7,726,865.31 2. Class B Available Funds: $1,159,335.50 a. Class B Monthly Interest: $132,480.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,026,855.50 3. Collateral Available Funds: $1,376,710.90 a. Excess Spread: $1,376,710.90 4. Total Excess Spread: $10,130,431.71 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2003-1 Allocable Principal Collections: $251,543,574.27 3. Principal Allocation Percentage of Series 2003-1 Allocable Principal Collections: $217,387,835.04 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $217,387,835.04 6. Shared Principal Collections from other Series allocated to Series 2003-1 N/A 7. Other amounts Treated as Available Principal Collections: $3,692,129.70 8. Available Principal Collections (total of 5., 6. & 7.): $221,079,964.73 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $87,400,000.00 2. Required Collateral Invested Amount: $87,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $221,079,964.73 - 99 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-1 1. Excess Spread: $10,130,431.71 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $295,370.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $164,603.33 9. Applied to unpaid Monthly Servicing Fee: $1,533,333.33 10. Collateral Default Amount treated as Available Principal Collections: $350,752.32 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,786,372.35 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9848% b. Prior Monthly Period 3.8226% c. Second Prior Monthly Period 3.4728% 2. Three Month Average Base Rate 3.7601% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8213% b. Prior Monthly Period 14.3272% c. Second Prior Monthly Period 13.4396% 4. Three Month Average Series Adjusted Portfolio Yield 13.8627% - 100 -
XXI. Series 2003-2 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,272,830,798.71 1,100,000,000.00 172,830,798.71 Beginning Adjusted Invested Amount N/A 1,100,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 20,036,804.78 17,316,115.61 2,720,689.17 Collections of Principal Receivables 300,758,621.42 259,920,237.55 40,838,383.87 Defaulted Amount 5,108,104.77 4,414,502.90 693,601.87 Ending Invested / Transferor Amounts 1,264,337,995.88 1,100,000,000.00 164,337,995.88 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8700% 2.1300% 2.2600% Monthly Interest Due 1,414,187.50 156,200.00 196,808.33 1,767,195.83 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,414,187.50 156,200.00 196,808.33 1,767,195.83 Investor Default Amount 3,641,964.89 353,160.23 419,377.78 4,414,502.90 Investor Monthly Fees Due 1,512,500.00 146,666.67 174,166.67 1,833,333.33 Investor Additional Amounts Due Total Due 6,568,652.39 656,026.90 790,352.78 8,015,032.06 Reallocated Investor Finance Charge Collections 17,324,825.09 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8190% Base Rate 3.9824% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 907,500,000.00 88,000,000.00 104,500,000.00 1,100,000,000.00 Interest Distributions 1,414,187.50 156,200.00 196,808.33 1,767,195.83 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,414,187.50 156,200.00 196,808.33 1,767,195.83 Ending Certificates Balance 907,500,000.00 88,000,000.00 104,500,000.00 1,100,000,000.00
- 101 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.56 2. Amount of the distribution in respect of Class A Monthly Interest: $1.56 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.77 2. Amount of the distribution in respect of class B monthly interest: $1.77 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 102 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $196,808.33 2. Amount distributed in respect of Collateral Monthly Interest: $196,808.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 103 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $14,292,980.70 a. Class A Monthly Interest: $1,414,187.50 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,641,964.89 e. Excess Spread: $9,236,828.31 2. Class B Available Funds: $1,385,986.01 a. Class B Monthly Interest: $156,200.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,229,786.01 3. Collateral Available Funds: $1,645,858.38 a. Excess Spread: $1,645,858.38 4. Total Excess Spread: $12,112,472.70 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2003-2 Allocable Principal Collections: $300,758,621.42 3. Principal Allocation Percentage of Series 2003-2 Allocable Principal Collections: $259,920,237.55 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $259,920,237.55 6. Shared Principal Collections from other Series allocated to Series 2003-2 N/A 7. Other amounts Treated as Available Principal Collections: $4,414,502.90 8. Available Principal Collections (total of 5., 6. & 7.): $264,334,740.44 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $104,500,000.00 2. Required Collateral Invested Amount: $104,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $264,334,740.44 - 104 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-2 1. Excess Spread: $12,112,472.70 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $353,160.23 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $196,808.33 9. Applied to unpaid Monthly Servicing Fee: $1,833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $419,377.78 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $9,309,793.02 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9824% b. Prior Monthly Period 3.8202% c. Second Prior Monthly Period 3.4704% 2. Three Month Average Base Rate 3.7577% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8190% b. Prior Monthly Period 14.3247% c. Second Prior Monthly Period 13.4371% 4. Three Month Average Series Adjusted Portfolio Yield 13.8603% - 105 -
XXII. Series 2003-3 Certificates ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 867,839,180.94 750,000,000.00 117,839,180.94 Beginning Adjusted Invested Amount N/A 750,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 13,661,457.80 11,806,442.46 1,855,015.35 Collections of Principal Receivables 205,062,696.42 177,218,343.78 27,844,352.64 Defaulted Amount 3,482,798.71 3,009,888.34 472,910.37 Ending Invested / Transferor Amounts 862,048,633.55 750,000,000.00 112,048,633.55 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8700% 2.1100% 2.2600% Monthly Interest Due 964,218.75 105,500.00 134,187.50 1,203,906.25 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 964,218.75 105,500.00 134,187.50 1,203,906.25 Investor Default Amount 2,483,157.88 240,791.07 285,939.39 3,009,888.34 Investor Monthly Fees Due 1,031,250.00 100,000.00 118,750.00 1,250,000.00 Investor Additional Amounts Due Total Due 4,478,626.63 446,291.07 538,876.89 5,463,794.59 Reallocated Investor Finance Charge Collections 11,811,380.74 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8174% Base Rate 3.9808% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00 Interest Distributions 964,218.75 105,500.00 134,187.50 1,203,906.25 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 964,218.75 105,500.00 134,187.50 1,203,906.25 Ending Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00
- 106 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.56 2. Amount of the distribution in respect of Class A Monthly Interest: $1.56 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.76 2. Amount of the distribution in respect of class B monthly interest: $1.76 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 107 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $134,187.50 2. Amount distributed in respect of Collateral Monthly Interest: $134,187.50 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 108 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,744,389.11 a. Class A Monthly Interest: $964,218.75 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections) $2,483,157.88 e. Excess Spread: $6,297,012.48 2. Class B Available Funds: $944,910.46 a. Class B Monthly Interest: $105,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $839,410.46 3. Collateral Available Funds: $1,122,081.17 a. Excess Spread: $1,122,081.17 4. Total Excess Spread: $8,258,504.11 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2003-3 Allocable Principal Collections: $205,062,696.42 3. Principal Allocation Percentage of Series 2003-3 Allocable Principal Collections: $177,218,343.78 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $177,218,343.78 6. Shared Principal Collections from other Series allocated to Series 2003-3 N/A 7. Other amounts Treated as Available Principal Collections: $3,009,888.34 8. Available Principal Collections (total of 5., 6. & 7.): $180,228,232.12 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $71,250,000.00 2. Required Collateral Invested Amount: $71,250,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $180,228,232.12 - 109 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-3 1. Excess Spread: $8,258,504.11 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $240,791.07 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $134,187.50 9. Applied to unpaid Monthly Servicing Fee: $1,250,000.00 10. Collateral Default Amount treated as Available Principal Collections: $285,939.39 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,347,586.15 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9808% b. Prior Monthly Period 3.8186% c. Second Prior Monthly Period 3.4688% 2. Three Month Average Base Rate 3.7560% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8174% b. Prior Monthly Period 14.3231% c. Second Prior Monthly Period 13.4354% 4. Three Month Average Series Adjusted Portfolio Yield 13.8586% - 110 -
XXIII. Series 2003-4 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 786,840,857.39 680,000,000.00 106,840,857.39 Beginning Adjusted Invested Amount N/A 680,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 12,386,388.41 10,704,507.83 1,681,880.58 Collections of Principal Receivables 185,923,511.42 160,677,965.03 25,245,546.39 Defaulted Amount 3,157,737.49 2,728,965.43 428,772.07 Ending Invested / Transferor Amounts 781,590,761.09 680,000,000.00 101,590,761.09 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.6900% 1.9000% 2.6600% Monthly Interest Due 828,381.67 64,600.00 113,050.00 1,006,031.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 828,381.67 64,600.00 113,050.00 1,006,031.67 Investor Default Amount 2,360,555.09 163,737.93 204,672.41 2,728,965.43 Investor Monthly Fees Due 980,333.33 68,000.00 85,000.00 1,133,333.33 Investor Additional Amounts Due Total Due 4,169,270.09 296,337.93 402,722.41 4,868,330.43 Reallocated Investor Finance Charge Collections 9,340,734.47 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 11.4483% Base Rate 3.8278% Excess Spread Percentage 7.8925% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 588,200,000.00 40,800,000.00 51,000,000.00 680,000,000.00 Interest Distributions 828,381.67 64,600.00 113,050.00 1,006,031.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 828,381.67 64,600.00 113,050.00 1,006,031.67 Ending Certificates Balance 588,200,000.00 40,800,000.00 51,000,000.00 680,000,000.00
- 111 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.41 2. Amount of the distribution in respect of Class A Monthly Interest: $1.41 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.58 2. Amount of the distribution in respect of class B monthly interest: $1.58 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 112 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $113,050.00 2. Amount distributed in respect of Collateral Monthly Interest: $113,050.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 113 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $8,079,735.32 a. Class A Monthly Interest: $828,381.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,360,555.09 e. Excess Spread: $4,890,798.56 2. Class B Available Funds: $560,444.07 a. Class B Monthly Interest: $64,600.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $495,844.07 3. Collateral Available Funds: $700,555.09 a. Excess Spread: $700,555.09 4. Total Excess Spread: $6,087,197.71 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2003-4 Allocable Principal Collections: $185,923,511.42 3. Principal Allocation Percentage of Series 2003-4 Allocable Principal Collections: $160,677,965.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $160,677,965.03 6. Shared Principal Collections from other Series allocated to Series 2003-4: N/A 7. Other amounts Treated as Available Principal Collections: $2,728,965.43 8. Available Principal Collections (total of 5., 6. & 7.): $163,406,930.46 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $51,000,000.00 2. Required Collateral Invested Amount: $51,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $163,406,930.46 - 114 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-4 1. Excess Spread: $6,087,197.71 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $163,737.93 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $113,050.00 9. Applied to unpaid Monthly Servicing Fee: $1,133,333.33 10. Collateral Default Amount treated as Available Principal Collections: $204,672.41 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,472,404.04 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.8278% b. Prior Monthly Period 3.8156% c. Second Prior Monthly Period 3.5723% 2. Three Month Average Base Rate 3.7386% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 11.4483% b. Prior Monthly Period 11.8865% c. Second Prior Monthly Period 11.1005% 4. Three Month Average Series Adjusted Portfolio Yield 11.4784% - 115 -
XXIV. Series 2004-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 925,695,126.34 800,000,000.00 125,695,126.34 Beginning Adjusted Invested Amount N/A 800,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 14,572,221.66 12,593,538.62 1,978,683.04 Collections of Principal Receivables 218,733,542.85 189,032,900.03 29,700,642.81 Defaulted Amount 3,714,985.29 3,210,547.56 504,437.73 Ending Invested / Transferor Amounts 919,518,542.45 800,000,000.00 119,518,542.45 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8400% 2.0100% 2.3100% Monthly Interest Due 1,024,266.67 100,500.00 138,600.00 1,263,366.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,024,266.67 100,500.00 138,600.00 1,263,366.67 Investor Default Amount 2,680,807.21 240,791.07 288,949.28 3,210,547.56 Investor Monthly Fees Due 1,113,333.33 100,000.00 120,000.00 1,333,333.33 Investor Additional Amounts Due Total Due 4,818,407.21 441,291.07 547,549.28 5,807,247.56 Reallocated Investor Finance Charge Collections 12,578,006.13 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.7868% Base Rate 3.9492% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 668,000,000.00 60,000,000.00 72,000,000.00 800,000,000.00 Interest Distributions 1,024,266.67 100,500.00 138,600.00 1,263,366.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,024,266.67 100,500.00 138,600.00 1,263,366.67 Ending Certificates Balance 668,000,000.00 60,000,000.00 72,000,000.00 800,000,000.00
- 116 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.53 2. Amount of the distribution in respect of Class A Monthly Interest: $1.53 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.67 2. Amount of the distribution in respect of class B monthly interest: $1.67 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 117 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $6,909,358.56 2. Amount distributed in respect of Collateral Monthly Interest: $138,600.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 5. The amount distributed to the Collateral Interest Holder in respect of remaining Excess Spread: $6,770,758.56 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 118 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $10,502,635.11 a. Class A Monthly Interest: $1,024,266.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,680,807.21 e. Excess Spread: $6,797,561.23 2. Class B Available Funds: $943,350.46 a. Class B Monthly Interest: $100,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $842,850.46 3. Collateral Available Funds: $1,132,020.55 a. Excess Spread: $1,132,020.55 4. Total Excess Spread: $8,772,432.24 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2004-1 Allocable Principal Collections: $218,733,542.85 3. Principal Allocation Percentage of Series 2004-1 Allocable Principal Collections: $189,032,900.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $189,032,900.03 6. Shared Principal Collections from other Series allocated to Series 2004-1: N/A 7. Other amounts Treated as Available Principal Collections: $3,210,547.56 8. Available Principal Collections (total of 5., 6. & 7.): $192,243,447.59 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $72,000,000.00 2. Required Collateral Invested Amount: $72,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $192,243,447.59 - 119 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-1 1. Excess Spread: $8,772,432.24 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $240,791.07 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $138,600.00 9. Applied to unpaid Monthly Servicing Fee: $1,333,333.33 10. Collateral Default Amount treated as Available Principal Collections: $288,949.28 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 l3. Remaining Excess Spread Distributed to Collateral Interest Holder: $6,770,758.56 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9491% b. Prior Monthly Period 3.7869% c. Second Prior Monthly Period 3.4371% 2. Three Month Average Base Rate 3.7244% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.7868% b. Prior Monthly Period 14.2915% c. Second Prior Monthly Period 13.4028% 4. Three Month Average Series Adjusted Portfolio Yield 13.8270% - 120 -
XXV. Series 2004-2 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 462,847,563.17 400,000,000.00 62,847,563.17 Beginning Adjusted Invested Amount N/A 400,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 7,286,110.83 6,296,769.31 989,341.52 Collections of Principal Receivables 109,366,771.42 94,516,450.02 14,850,321.41 Defaulted Amount 1,857,492.64 1,605,273.78 252,218.86 Ending Invested / Transferor Amounts 459,759,271.23 400,000,000.00 59,759,271.23 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9300% 2.1300% 2.4300% Monthly Interest Due 537,183.33 53,250.00 72,900.00 663,333.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 537,183.33 53,250.00 72,900.00 663,333.33 Investor Default Amount 1,340,403.61 120,395.53 144,474.64 1,605,273.78 Investor Monthly Fees Due 556,666.67 50,000.00 60,000.00 666,666.67 Investor Additional Amounts Due Total Due 2,434,253.61 223,645.53 277,374.64 2,935,273.78 Reallocated Investor Finance Charge Collections 6,320,653.06 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8800% Base Rate 4.0454% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 334,000,000.00 30,000,000.00 36,000,000.00 400,000,000.00 Interest Distributions 537,183.33 53,250.00 72,900.00 663,333.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 537,183.33 53,250.00 72,900.00 663,333.33 Ending Certificates Balance 334,000,000.00 30,000,000.00 36,000,000.00 400,000,000.00
- 121 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.61 2. Amount of the distribution in respect of Class A Monthly Interest: $1.61 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.77 2. Amount of the distribution in respect of class B monthly interest: $1.77 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 122 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $3,458,279.28 2. Amount distributed in respect of Collateral Monthly Interest: $72,900.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 5. The amount distributed to the Collateral Interest Holder in respect of remaining Excess Spread: $3,385,379.28 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 123 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $5,277,745.31 a. Class A Monthly Interest: $537,183.33 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $1,340,403.61 e. Excess Spread: $3,400,158.37 2. Class B Available Funds: $474,048.98 a. Class B Monthly Interest: $53,250.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $420,798.98 3. Collateral Available Funds: $568,858.78 a. Excess Spread: $568,858.78 4. Total Excess Spread: $4,389,816.12 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2004-2 Allocable Principal Collections: $109,366,771.42 3. Principal Allocation Percentage of Series 2004-2 Allocable Principal Collections: $94,516,450.02 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $94,516,450.02 6. Shared Principal Collections from other Series allocated to Series 2004-2: N/A 7. Other amounts Treated as Available Principal Collections: $1,605,273.78 8. Available Principal Collections (total of 5., 6. & 7.): $96,121,723.80 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $36,000,000.00 2. Required Collateral Invested Amount: $36,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $96,121,723.80 - 124 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-2 1. Excess Spread: $4,389,816.12 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $120,395.53 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $72,900.00 9. Applied to unpaid Monthly Servicing Fee: $666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $144,474.64 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 l3. Remaining Excess Spread Distributed to Collateral Interest Holder: $3,385,379.28 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0454% b. Prior Monthly Period 3.8832% c. Second Prior Monthly Period 3.5334% 2. Three Month Average Base Rate 3.8207% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8799% b. Prior Monthly Period 14.3877% c. Second Prior Monthly Period 13.5021% 4. Three Month Average Series Adjusted Portfolio Yield 13.9233% - 125 -
XXVI. Series 2004-3 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- ------------- ----------- Beginning Invested /Transferor Amount 694,271,344.75 600,000,000.00 94,271,344.75 Beginning Adjusted Invested Amount N/A 600,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 10,929,166.24 9,445,153.97 1,484,012.28 Collections of Principal Receivables 164,050,157.14 141,774,675.02 22,275,482.11 Defaulted Amount 2,786,238.97 2,407,910.67 378,328.30 Ending Invested / Transferor Amounts 689,638,906.84 600,000,000.00 89,638,906.84 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ----------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 4.3500% 4.5500% 2.2300% Monthly Interest Due 1,892,250.00 113,750.00 89,200.00 2,095,200.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,892,250.00 113,750.00 89,200.00 2,095,200.00 Investor Default Amount 2,094,882.28 120,395.53 192,632.85 2,407,910.67 Investor Monthly Fees Due 870,000.00 50,000.00 80,000.00 1,000,000.00 Investor Additional Amounts Due Total Due 4,857,132.28 284,145.53 361,832.85 5,503,110.67 Reallocated Investor Finance Charge Collections 9,449,349.53 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.8179% Base Rate 6.2764% Excess Spread Percentage 7.8925% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 522,000,000.00 30,000,000.00 48,000,000.00 600,000,000.00 Interest Distributions 1,892,250.00 113,750.00 89,200.00 2,095,200.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,892,250.00 113,750.00 89,200.00 2,095,200.00 Ending Certificates Balance 522,000,000.00 30,000,000.00 48,000,000.00 600,000,000.00
- 126 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $3.62 2. Amount of the distribution in respect of Class A Monthly Interest: $3.62 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $3.79 2. Amount of the distribution in respect of class B monthly interest: $3.79 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 127 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $4,035,438.86 2. Amount distributed in respect of Collateral Monthly Interest: $89,200.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 5. The amount distributed to the Collateral Interest Holder in respect of remaining Excess Spread: $3,946,238.86 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 128 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $8,220,934.09 a. Class A Monthly Interest: $1,892,250.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,094,882.28 e. Excess Spread: $4,233,801.81 2. Class B Available Funds: $472,467.48 a. Class B Monthly Interest: $113,750.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $358,717.48 3. Collateral Available Funds: $755,947.96 a. Excess Spread: $755,947.96 4. Total Excess Spread: $5,348,467.25 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2004-3 Allocable Principal Collections: $164,050,157.14 3. Principal Allocation Percentage of Series 2004-3 Allocable Principal Collections: $141,774,675.02 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $141,774,675.02 6. Shared Principal Collections from other Series allocated to Series 2004-3: N/A 7. Other amounts Treated as Available Principal Collections: $2,407,910.67 8. Available Principal Collections (total of 5., 6. & 7.): $144,182,585.70 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $48,000,000.00 2. Required Collateral Invested Amount: $48,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $144,182,585.70 - 129 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-3 1. Excess Spread: $5,348,467.25 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $120,395.53 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $89,200.00 9. Applied to unpaid Monthly Servicing Fee: $1,000,000.00 10. Collateral Default Amount treated as Available Principal Collections: $192,632.85 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 l3. Remaining Excess Spread Distributed to Collateral Interest Holder: $3,946,238.86 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 6.2764% b. Prior Monthly Period 6.2634% c. Second Prior Monthly Period 5.8646% 2. Three Month Average Base Rate 6.1348% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.8179% b. Prior Monthly Period 14.3343% c. Second Prior Monthly Period 13.4667% 4. Three Month Average Series Adjusted Portfolio Yield 13.8730% - 130 -
XXVII. Series 2004-4 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,272,830,798.71 1,100,000,000.00 172,830,798.71 Beginning Adjusted Invested Amount N/A 1,100,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 20,036,804.78 17,316,115.61 2,720,689.17 Collections of Principal Receivables 300,758,621.42 259,920,237.55 40,838,383.87 Defaulted Amount 5,108,104.77 4,414,502.90 693,601.87 Ending Invested / Transferor Amounts 1,264,337,995.88 1,100,000,000.00 164,337,995.88 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.8500% 2.0400% 2.2300% Monthly Interest Due 1,416,020.83 140,250.00 183,975.00 1,740,245.83 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,416,020.83 140,250.00 183,975.00 1,740,245.83 Investor Default Amount 3,686,109.92 331,087.72 397,305.26 4,414,502.90 Investor Monthly Fees Due 1,530,833.33 137,500.00 165,000.00 1,833,333.33 Investor Additional Amounts Due Total Due 6,632,964.09 608,837.72 746,280.26 7,988,082.06 Reallocated Investor Finance Charge Collections 17,297,875.09 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.7901% Base Rate 3.9526% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 918,500,000.00 82,500,000.00 99,000,000.00 1,100,000,000.00 Interest Distributions 1,416,020.83 140,250.00 183,975.00 1,740,245.83 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 1,416,020.83 140,250.00 183,975.00 1,740,245.83 Ending Certificates Balance 918,500,000.00 82,500,000.00 99,000,000.00 1,100,000,000.00
- 131 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.54 2. Amount of the distribution in respect of Class A Monthly Interest: $1.54 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.70 2. Amount of the distribution in respect of class B monthly interest: $1.70 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 132 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $9,493,768.02 2. Amount distributed in respect of Collateral Monthly Interest: $183,975.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 5. The amount distributed to the Collateral Interest Holder in respect of remaining Excess Spread: $9,309,793.02 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 133 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $14,443,725.70 a. Class A Monthly Interest: $1,416,020.83 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,686,109.92 e. Excess Spread: $9,341,594.95 2. Class B Available Funds: $1,297,340.63 a. Class B Monthly Interest: $140,250.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,157,090.63 3. Collateral Available Funds: $1,556,808.76 a. Excess Spread: $1,556,808.76 4. Total Excess Spread: $12,055,494.34 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2004-4 Allocable Principal Collections: $300,758,621.42 3. Principal Allocation Percentage of Series 2004-4 Allocable Principal Collections: $259,920,237.55 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $259,920,237.55 6. Shared Principal Collections from other Series allocated to Series 2004-4: N/A 7. Other amounts Treated as Available Principal Collections: $4,414,502.90 8. Available Principal Collections (total of 5., 6. & 7.): $264,334,740.44 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $99,000,000.00 2. Required Collateral Invested Amount: $99,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $264,334,740.44 - 134 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-4 1. Excess Spread: $12,055,494.34 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $331,087.72 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $183,975.00 9. Applied to unpaid Monthly Servicing Fee: $1,833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $397,305.26 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 l3. Remaining Excess Spread Distributed to Collateral Interest Holder: $9,309,793.02 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.9526% b. Prior Monthly Period 3.7904% c. Second Prior Monthly Period N/A 2. Three Month Average Base Rate N/A 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.7901% b. Prior Monthly Period 14.2362% c. Second Prior Monthly Period N/A 4. Three Month Average Series Adjusted Portfolio Yield N/A - 135 -
XXVIII. Series 2004-5 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,157,118,907.92 1,000,000,000.00 157,118,907.92 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 86.4215% 13.5785% Principal Allocation Percentage N/A 86.4215% 13.5785% Collections of Finance Chg. Receivables 18,215,277.07 15,741,923.28 2,473,353.79 Collections of Principal Receivables 273,416,928.56 236,291,125.04 37,125,803.52 Defaulted Amount 4,643,731.61 4,013,184.45 630,547.16 Ending Invested / Transferor Amounts 1,149,398,178.07 1,000,000,000.00 149,398,178.07 ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2004 to October 14, 2004 1.9225% 2.0825% 2.2925% Monthly Interest Due 981,009.03 95,447.92 126,087.50 1,202,544.44 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 981,009.03 95,447.92 126,087.50 1,202,544.44 Investor Default Amount 3,351,009.02 300,988.83 361,186.60 4,013,184.45 Investor Monthly Fees Due 1,391,666.67 125,000.00 150,000.00 1,666,666.67 Investor Additional Amounts Due Total Due 5,723,684.71 521,436.75 637,274.10 6,882,395.56 Reallocated Investor Finance Charge Collections 15,345,843.77 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.3433% Base Rate 4.0229% Excess Spread Percentage 10.1561% ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ----------- ----- Beginning Certificates Balance 835,000,000.00 75,000,000.00 90,000,000.00 1,000,000,000.00 Interest Distributions 981,009.03 95,447.92 126,087.50 1,202,544.44 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 981,009.03 95,447.92 126,087.50 1,202,544.44 Ending Certificates Balance 835,000,000.00 75,000,000.00 90,000,000.00 1,000,000,000.00
- 136 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.17 2. Amount of the distribution in respect of Class A Monthly Interest: $1.17 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.27 2. Amount of the distribution in respect of class B monthly interest: $1.27 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 - 137 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $8,589,535.70 2. Amount distributed in respect of Collateral Monthly Interest: $126,087.50 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 5. The amount distributed to the Collateral Interest Holder in respect of remaining Excess Spread: $8,463,448.20 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 138 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $12,813,779.55 a. Class A Monthly Interest: $981,009.03 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,351,009.02 e. Excess Spread: $8,481,761.50 2. Class B Available Funds: $1,150,938.28 a. Class B Monthly Interest: $95,447.92 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,055,490.37 3. Collateral Available Funds: $1,381,125.94 a. Excess Spread: $1,381,125.94 4. Total Excess Spread: $10,918,377.81 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 86.4215% 2. Series 2004-5 Allocable Principal Collections: $273,416,928.56 3. Principal Allocation Percentage of Series 2004-5 Allocable Principal Collections: $236,291,125.04 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $236,291,125.04 6. Shared Principal Collections from other Series allocated to Series 2004-5: N/A 7. Other amounts Treated as Available Principal Collections: $4,013,184.45 8. Available Principal Collections (total of 5., 6. & 7.): $240,304,309.49 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $90,000,000.00 2. Required Collateral Invested Amount: $90,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $240,304,309.49 - 139 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2004-5 1. Excess Spread: $10,918,377.81 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $300,988.83 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $126,087.50 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $361,186.60 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 l3. Remaining Excess Spread Distributed to Collateral Interest Holder: $8,463,448.20 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 4.0229% b. Prior Monthly Period N/A c. Second Prior Monthly Period N/A 2. Three Month Average Base Rate N/A 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.3433% b. Prior Monthly Period N/A c. Second Prior Monthly Period N/A 4. Three Month Average Series Adjusted Portfolio Yield N/A - 140 -