-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IWPM7fQKFePGG5Co1aOkoTPSLjiM1SEQgq69/WQAaIBmQ6yzMBB9XHF59oeAOnId X0uTS5g9pXll6P8m0ZQqKg== 0001003509-01-500003.txt : 20010402 0001003509-01-500003.hdr.sgml : 20010402 ACCESSION NUMBER: 0001003509-01-500003 CONFORMED SUBMISSION TYPE: 10-K405 PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20000330 FILED AS OF DATE: 20010330 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST CENTRAL INDEX KEY: 0001003509 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K405 SEC ACT: SEC FILE NUMBER: 000-20787-07 FILM NUMBER: 1587573 BUSINESS ADDRESS: STREET 1: 6985 UNION PARK CENTER STREET 2: 200 VESEY STREET CITY: MIDVALE STATE: UT ZIP: 84047 BUSINESS PHONE: 8015655000 MAIL ADDRESS: STREET 1: 6985 UNION PARK CENTER CITY: MIDVALE STATE: UT ZIP: 84047 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS CENTURION BANK CENTRAL INDEX KEY: 0000949348 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 112869526 STATE OF INCORPORATION: UT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K405 SEC ACT: SEC FILE NUMBER: 000-20787-01 FILM NUMBER: 1587574 BUSINESS ADDRESS: STREET 1: 6985 UNION PARK CENTER CITY: MIVALE STATE: UT ZIP: 84047 BUSINESS PHONE: 8015655000 MAIL ADDRESS: STREET 1: 6985 UNION PARK CENTER CITY: MIDVALE STATE: UT ZIP: 84047 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN EXPRESS RECEIVABLES FINANCING CORP II CENTRAL INDEX KEY: 0000949349 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] IRS NUMBER: 133854638 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K405 SEC ACT: SEC FILE NUMBER: 000-21424-04 FILM NUMBER: 1587575 BUSINESS ADDRESS: STREET 1: WORLD FINANCIAL CENTER STREET 2: AMERICAN EXPRESS TOWER 200 VESEY ST CITY: NEW YORK STATE: NY ZIP: 10285 BUSINESS PHONE: 2126402000 MAIL ADDRESS: STREET 1: WORLD FINANCIAL CENTER STREET 2: AMERICAN EXPRESS TOWER 200 VESEY ST CITY: NEW YORK STATE: NY ZIP: 10285 10-K405 1 rfc2cvr.txt CREDIT ACCT MASTER TRUST'S WRAP PAGES UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2000 OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___ to ___ Commission File Nos. 000-20787-00; 000-20787-01; 33-95784; 333-67567; 333-91473-00; 333-91473-01 AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST (Issuer of Certificates) AMERICAN EXPRESS CENTURION BANK Co-Originator of the Trust and a Transferor (Exact name of registrant as specified in its charter) Utah 11-2869526 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 6985 Union Park Center, Midvale, Utah 84047 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (801) 565-5000 AMERICAN EXPRESS RECEIVABLES FINANCING CORPORATION II Co-Originator of the Trust and a Transferor (Exact name of registrant as specified in its charter) Delaware 13-3854638 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 200 Vesey Street, New York, New York 10285 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (212) 640-4473 Securities registered pursuant to Section 12(b) of the Act: NONE Securities registered pursuant to Section 12(g) of the Act: the Class A Series 1996-1 6.80% Asset Backed Certificates, the Class B Series 1996-1 6.95% Asset Backed Certificates, the Class A Series 1997-1 6.40% Asset Backed Certificates, the Class B Series 1997-1 6.55% Asset Backed Certificates, the Class A Series 1998-1 Floating Rate Asset Backed Certificates, the Class B Series 1998-1 Floating Rate Asset Backed Certificates, the Class A Series 1999-1 5.60% Asset Backed Certificates, the Class B Series 1999-1 5.85% Asset Backed Certificates, the Class A Series 1999-2 5.95% Asset Backed Certificates, the Class B Series 1999-2 6.10% Asset Backed Certificates, the Class A Series 1999-3 Floating Rate Asset Backed Certificates, the Class B Series 1999-3 Floating Rate Asset Backed Certificates, the Class A Series 1999-4 Floating Rate Asset Backed Certificates, the Class B Series 1999-4 Floating Rate Asset Backed Certificates, the Class A Series 1999-5 Floating Rate Asset Backed Certificates, the Class B Series 1999-5 Floating Rate Asset Backed Certificates, the Class A Series 1999-6 Floating Rate Asset Backed Certificates, the Class B Series 1999-6 Floating Rate Asset Backed Certificates, the Class A Series 2000-1 7.20% Asset Backed Certificates, the Class B Series 2000-1 7.40% Asset Backed Certificates, the Class A Series 2000-2 Floating Rate Asset Backed Certificates, the Class B Series 2000-2 Floating Rate Asset Backed Certificates, the Class A Series 2000-3 Floating Rate Asset Backed Certificates, the Class B Series 2000-3 Floating Rate Asset Backed Certificates, the Class A Series 2000-4 Floating Rate Asset Backed Certificates, the Class B Series 2000-4 Floating Rate Asset Backed Certificates, the Class A Series 2000-5 Floating Rate Asset Backed Certificates, the Class B Series 2000-5 Floating Rate Asset Backed Certificates, the Class A Series 2001-1 Floating Rate Asset Backed Certificates, the Class B Series 2001-1 Floating Rate Asset Backed Certificates, the Class A Series 2001-2 Floating Rate Asset Backed Certificates and the Class B Series 2001-2 Floating Rate Asset Backed Certificates THE REGISTRANT MEETS THE CONDITIONS SET FORTH IN GENERAL INSTRUCTION I(1)(a) AND (b) OF FORM 10-K AND HAS THEREFORE OMITTED CERTAIN ITEMS FROM THIS REPORT IN ACCORDANCE WITH THE REDUCED DISCLOSURE FORMAT PERMITTED UNDER INSTRUCTION I. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. Yes X NO Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of the registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. Not applicable. State the aggregate market value of the voting stock held by non-affiliates of the registrant: Not applicable. DOCUMENTS INCORPORATED BY REFERENCE: NONE PART I Item 1: Business The American Express Credit Account Master Trust (the "Trust") was formed pursuant to a Pooling and Servicing Agreement (the "Agreement"), dated as of May 16, 1996, among American Express Centurion Bank and American Express Receivables Financing Corporation II ("RFC II"), each as an Originator, American Express Travel Related Services Company, Inc. ("TRS"), as servicer (the "Servicer"), and The Bank of New York, as trustee (the "Trustee"). RFC II, a Delaware corporation, is a wholly owned subsidiary of TRS. It was incorporated on August 7, 1995. Its principal executive office is located at 200 Vesey Street, Mail Stop 4607B, New York, New York. TRS is a wholly owned subsidiary of American Express Company. It was incorporated in the state of New York on May 3, 1982 and its principal executive offices are located at 200 Vesey Street, New York, New York. American Express Centurion Bank was incorporated under Delaware banking laws as a limited service bank in 1985. As of July 1, 1996, its business was combined by merger with another subsidiary of TRS that is a Utah-chartered, FDIC-insured industrial loan company. The surviving institution was renamed American Express Centurion Bank ("Centurion"). Its principal executive office is located at 6985 Union Park Center, Midvale, Utah. The Trust was formed for the purpose of acquiring and holding the Trust Assets (defined below) and from time to time issuing asset-backed certificates (the "Certificates") under the Agreement and one or more supplements thereto (each, a "Supplement"), including issuing and selling certain Certificates to investors in underwritten public offerings ("Investor Certificates"). Each Certificate represents an undivided interest in the Trust and the right to receive payments of interest at a specified rate and payments of principal at certain times during the term of the Trust. Each series of Investor Certificates (each, a "Series") will have its own Supplement to govern the individual terms and allocations applicable to such Series. The property of the Trust (the "Trust Assets") includes a portfolio of receivables (the "Receivables") generated from time to time in a portfolio of designated American Express Credit Card (whether branded Optima(R)Card or otherwise), Optima Line of Credit and Sign & Travel(R)/Extended Payment Option consumer revolving credit accounts or features and other charge or credit accounts or products (collectively, the "Accounts") owned by Centurion or other eligible account owners (each, including Centurion, an "Account Owner"), all monies due or to become due in payment of the Receivables, all proceeds of such Receivables and any Series Enhancement provided for any particular Series or class of Certificates. "Series Enhancement" may include, with respect to any Series or class of Certificates, the subordination of one or more classes or Series of Certificates to one or more other classes or Series of Certificates, a letter of credit, a cash collateral guaranty, a cash collateral account, a surety bond, a collateral interest, a spread account, a guaranteed rate agreement, a maturity liquidity facility, a tax protection agreement or an insurance policy. No Originator or Account Owner will act as a guarantor with respect to any payments on the Certificates, and neither the Trustee nor the holders of the Certificates will have general recourse against any Originator or Account Owner or the assets of any Originator or Account Owner. Instead the Trustee's and the Certificateholders' only recourse in any action seeking to collect amounts owing under the Certificates will be against, and limited to, the Trust Assets. The Receivables that, to date, have been conveyed to the Trust arise from Accounts selected from Centurion's portfolio and consist of amounts charged or otherwise borrowed by Account holders for goods and services and cash advances ("Principal Receivables"), plus the related periodic finance charges, amounts charged to Accounts in respect of late charges and certain other items (the "Finance Charge Receivables"). Each Series of Investor Certificates will belong to a certain group of Series (each, a "Group"). The Series included in a particular Group will share a common distribution date and other terms, and certain cash collections may be allocated among the Series within a Group (any Group for which collections will be so allocated is hereinafter referred to as a "Reallocation Group"). The Agreement and Supplements govern the allocation of collections in respect of Principal Receivables and Finance Charge Receivables between the interests of the transferors and the Investor Certificateholders and, for the Investor Certificateholders, to each Group, based generally on the sum of the principal amounts of Investor Certificates for all Series in all Groups. Each Supplement will prescribe the manner in which collections will be allocated among Series. - 1 - Each Group may have a certain number of Series which will share, to a limited extent, the collections in respect of Principal Receivables and Finance Charge Receivables allocated to such Group. In addition, certain excess collections of Principal Receivables ("Shared Principal Collections") or Finance Charge Receivables ("Excess Finance Charge Collections") allocated to a Series in one Group that are not required to make distributions with respect to the Certificates of the Series in such Group may be shared with the Series in another Group (each such Series is hereinafter referred to, respectively, as a "Principal Sharing Series" and an "Excess Allocation Series"). For each Series, the Supplement relating to such Series will govern the terms and timing of payment of interest and principal and the allocations of collections of Principal Receivables and Finance Charge Receivables among the various Series within such Series' Group and among Series in a different Group. The Trust will not engage in any business activity other than acquiring and holding the Trust Assets, issuing Certificates, making payments thereon and related activities. Pursuant to the Agreement, the Trustee will hold the Trust Assets in trust for the benefit of the holders of the Certificates, and TRS or any successor servicer, as the Servicer, will be responsible for the administration and servicing of the Receivables. The Trust has issued 32 classes of Investor Certificates: . Class A Series 1996-1 6.80% Asset Backed Certificates and Class B Series 1996-1 6.95% Asset Backed Certificates (collectively, the "Series 1996-1 Certificates"); . Class A Series 1997-1 6.40% Asset Backed Certificates and Class B Series 1997-1 6.55% Asset Backed Certificates (collectively, the "Series 1997-1 Certificates"); . Class A Series 1998-1 Floating Rate Asset Backed Certificates and Class B Series 1998-1 Floating Rate Asset Backed Certificates (collectively, the "Series 1998-1 Certificates"); . Class A Series 1999-1 5.60% Asset Backed Certificates and Class B Series 1999-1 5.85% Asset Backed Certificates (collectively, the "Series 1999-1 Certificates"); . Class A Series 1999-2 5.95% Asset Backed Certificates and Class B Series 1999-2 6.10% Asset Backed Certificates (collectively, the "Series 1999-2 Certificates"); . Class A Series 1999-3 Floating Rate Asset Backed Certificates and Class B Series 1999-3 Floating Rate Asset Backed Certificates (collectively, the "Series 1999-3 Certificates"); . Class A Series 1999-4 Floating Rate Asset Backed Certificates and Class B Series 1999-4 Floating Rate Asset Backed Certificates (collectively, the "Series 1999-4 Certificates"); . Class A Series 1999-5 Floating Rate Asset Backed Certificates and Class B Series 1999-5 Floating Rate Asset Backed Certificates (collectively, the "Series 1999-5 Certificates"); . Class A Series 1999-6 Floating Rate Asset Backed Certificates and Class B Series 1999-6 Floating Rate Asset Backed Certificates (collectively, the "Series 1999-6 Certificates"); . Class A Series 2000-1 7.20% Asset Backed Certificates and Class B Series 2000-1 7.40% Asset Backed Certificates (collectively, the "Series 2000-1 Certificates"); . Class A Series 2000-2 Floating Rate Asset Backed Certificates and Class B Series 2000-2 Floating Rate Asset Backed Certificates (collectively, the "Series 2000-2 Certificates"); . Class A Series 2000-3 Floating Rate Asset Backed Certificates and Class B Series 2000-3 Floating Rate Asset Backed Certificates (collectively, the "Series 2000-3 Certificates"); . Class A Series 2000-4 Floating Rate Asset Backed Certificates and Class B Series 2000-4 Floating Rate Asset Backed Certificates (collectively, the "Series 2000-4 Certificates"); . Class A Series 2000-5 Floating Rate Asset Backed Certificates and Class B Series 2000-5 Floating Rate Asset Backed Certificates (collectively, the "Series 2000-5 Certificates"); - 2 - . Class A Series 2001-1 Floating Rate Asset Backed Certificates and Class B Series 2001-1 Floating Rate Asset Backed Certificates (collectively, the "Series 2001-1 Certificates"); and . Class A Series 2001-2 Floating Rate Asset Backed Certificates and Class B Series 2001-2 Floating Rate Asset Backed Certificates (collectively, the "Series 2001-2 Certificates"). Information concerning the performance of the Trust Assets for each monthly due period of the Trust is contained in monthly Servicer's reports provided to the Trustee and filed monthly on Form 8-K, and information concerning distributions made on the Investor Certificates is contained in payment date statements prepared by the Servicer and also filed on Form 8-K. The Servicer has prepared a report that sets forth, with respect to certain of the items reported on monthly in the monthly Servicer's reports, the aggregate amount of such items for the full year 2000 or, as applicable, the amount of such items as of December 25, 2000. This annual report is filed herewith as Exhibit 99.3. Item 2. Properties See Exhibit 99.3. Item 3. Legal Proceedings The Registrant knows of no material pending legal proceedings with respect to the Trust, involving the Trust, the Trustee, the Trust Assets, the Servicer or the Originators, exclusive of ordinary routine litigation incidental to the Trustee's, Servicer's or Originators' duties under the Agreement. Item 4. Submission of Matters to a Vote of Security Holders Not applicable. PART II Item 5. Market for Registrant's Common Equity and Related Stockholder Matters (a) To the best knowledge of the Registrant, there is no established public trading market for the Investor Certificates. (b) The Investor Certificates, representing investors' interests in the Trust, were delivered in book-entry form through the facilities of the Depository Trust Company ("DTC") and the nominee for DTC, Cede & Co., is the sole registered holder of the Investor Certificates. (c) Not applicable. Item 6. Selected Financial Data Not applicable. - 3 - Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations Not applicable. Item 7a. Quantitative and Qualitative Disclosures About Market Risk Not applicable. Item 8. Financial Statements and Supplementary Data See Exhibit 99.3. Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure None. PART III Item 10. Directors and Executive Officers of the Registrant Not applicable. Item 11. Executive Compensation Not applicable. - 4 - Item 12. Security Ownership of Certain Beneficial Owners and Management (a) The Investor Certificates were delivered in book-entry form through the facilities of DTC. As a consequence, the nominee for DTC, Cede & Co., is the sole registered holder of Investor Certificates. An investor holding an interest in the Trust is not entitled to receive a certificate representing such interest except in limited circumstances. Cede & Co. holds the Investor Certificate on behalf of brokers, dealers, banks and other direct participants in the DTC system. DTC participants may own Investor Certificates for their own account or hold them for the accounts of their customers. As of March 5, 2001 the following direct DTC participants held positions in Investor Certificates representing interests in the Trust equal to or exceeding 5% of the total principal amount of the Investor Certificates of each class of each Series outstanding on that date:
Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS A SERIES 1996-1 6.80% ASSET BACKED CERTIFICATES: Chase Manhattan Bank $160,648,000 18.6% State Street Bank & Trust Company $108,035,000 12.5% The Bank of New York $ 82,995,000 9.6% Boston Safe Deposit & Trust Company $ 82,915,000 9.6% Bank of Tokyo - Mitsubishi Trust Company $ 80,000,000 9.2% Citibank, N.A. $ 52,598,000 6.1% The Northern Trust Company $ 50,325,000 5.8% CLASS B SERIES 1996-1 6.95% ASSET BACKED CERTIFICATES: Chase Manhattan Bank $ 23,000,000 38.3% Investors Bank & Trust Company $ 22,575,000 37.6% The Bank of New York $ 5,550,000 9.2% Bank One Trust Company, N.A. $ 4,250,000 7.1%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS A SERIES 1997-1 6.40% ASSET BACKED CERTIFICATES: Chase Manhattan Bank $247,269,000 28.6% The Bank of New York $ 93,440,000 10.8% Bankers Trust Company $ 91,003,000 10.5% The Northern Trust Company $ 77,193,000 8.9% State Street Bank & Trust Company $ 77,121,000 8.9% Citibank, N.A. $ 57,515,000 6.6% Boston Safe Deposit & Trust Company $ 45,395,000 5.2% CLASS B SERIES 1997-1 6.55% ASSET BACKED CERTIFICATES: The Bank of New York $ 19,000,000 31.7% State Street Bank & Trust Company $ 15,000,000 25.0% Chase Manhattan Bank $ 9,900,000 16.5% Investors Bank & Trust Company $ 9,700,000 16.2% CLASS A SERIES 1998-1 FLOATING RATE ASSET BACKED CERTIFICATES: Chase Manhattan Bank $212,410,000 25.7% Citibank, N.A. $184,790,000 22.4% Bankers Trust Company $142,500,000 17.3% Boston Safe Deposit & Trust Company $ 81,805,000 9.9% State Street Bank & Trust Company $ 79,070,000 9.6%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS B SERIES 1998-1 FLOATING RATE ASSET BACKED CERTIFICATES: Bankers Trust Company $ 38,000,000 47.5% Chase Manhattan Bank $ 30,000,000 37.5% Citibank, N.A. $ 12,000,000 15.0% CLASS A SERIES 1999-1 5.60% ASSET BACKED CERTIFICATES: Bankers Trust Company $132,981,000 15.4% Chase Manhattan Bank $113,385,000 13.1% State Street Bank & Trust Company $104,040,000 12.0% Bank of New York $ 85,319,000 9.9% The Northern Trust Company $ 58,596,000 6.8% Bank One Trust Company, N.A./ Public Employee Retirement $ 55,000,000 6.4% Boston Safe Deposit & Trust Company $ 53,380,000 6.2% Union Bank of California, N.A. $ 44,245,000 5.1% CLASS B SERIES 1999-1 5.85% ASSET BACKED CERTIFICATES: FUNB - Philadelphia Main $ 32,500,000 54.2% Chase Manhattan Bank $ 18,000,000 30.0% State Street Bank & Trust Company $ 7,000,000 11.7%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS A SERIES 1999-2 5.95% ASSET BACKED CERTIFICATES: Bank of New York $ 79,639,000 18.4% Boston Safe Deposit & Trust Company $ 60,920,000 14.1% State Street Bank & Trust Company $ 58,365,000 13.5% Chase Manhattan Bank $ 57,019,000 13.2% Bankers Trust Company $ 53,529,000 12.4% Citibank, N.A. $ 30,500,000 7.1% CLASS B SERIES 1999-2 6.10% ASSET BACKED CERTIFICATES: Chase Manhattan Bank $ 16,000,000 53.3% Bank of New York $ 9,800,000 32.7% Brown Brothers Harriman & Co. $ 4,200,000 14.0% CLASS A SERIES 1999-3 FLOATING RATE ASSET BACKED CERTIFICATES: Chase Bank of Texas, N.A. $360,000,000 43.6% State Street Bank & Trust Company $232,000,000 28.1% Bankers Trust Company $ 80,000,000 9.7% Boston Safe Deposit & Trust Company $ 80,000,000 9.7% Citibank, N.A. $ 50,000,000 6.1%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS B SERIES 1999-3 FLOATING RATE ASSET BACKED CERTIFICATES: Bank One Trust Company, N.A. $ 25,000,000 31.2% Chase Bank of Texas, N.A. $ 25,000,000 31.2% Bankers Trust Company $ 20,000,000 25.0% Chase Manhattan Bank $ 10,000,000 12.5% CLASS A SERIES 1999-4 FLOATING RATE ASSET BACKED CERTIFICATES: The Northern Trust Company $116,000,000 28.1% Boston Safe Deposit & Trust Company $ 94,500,000 22.9% Chase Manhattan Bank $ 63,350,000 15.3% Deutsche Bank A.G., New York Branch $ 40,000,000 9.7% Bank of New York $ 33,000,000 8.0% State Street Bank & Trust Company $ 23,000,000 5.6% CLASS B SERIES 1999-4 FLOATING RATE ASSET BACKED CERTIFICATES: Bank One Trust Company, N.A. $ 30,000,000 75.0% Chase Manhattan Bank $ 10,000,000 25.0% CLASS A SERIES 1999-5 FLOATING RATE ASSET BACKED CERTIFICATES: State Street Bank & Trust Company $273,000,000 66.2% Citibank, N.A. $113,000,000 27.4%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS B SERIES 1999-5 FLOATING RATE ASSET BACKED CERTIFICATES: Chase Manhattan Bank $ 20,000,000 50.0% The Fuji Bank & Trust Company $ 20,000,000 50.0% CLASS A SERIES 1999-6 FLOATING RATE ASSET BACKED CERTIFICATES: The Northern Trust Company $132,930,000 32.2% State Street Bank & Trust Company $ 90,750,000 22.0% Citibank, N.A. $ 76,750,000 18.6% Deutsche Bank A.G., New York Branch $ 32,000,000 7.7% Brown Brothers Harriman & Co. $ 22,100,000 5.3% CLASS B SERIES 1999-6 FLOATING RATE ASSET BACKED CERTIFICATES: Citibank, N.A. $ 25,000,000 62.5% Chase Manhattan Bank $ 15,000,000 37.5%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS A SERIES 2000-1 7.20% ASSET BACKED CERTIFICATES: The Northern Trust Company $ 55,255,000 12.8% Bankers Trust Company $ 46,035,000 10.6% State Street Bank - Trust Custody $ 41,100,000 9.5% State Street Bank & Trust Company $ 36,650,000 8.5% Boston Safe Deposit & & Trust Company $ 34,450,000 7.9% Chase Manhattan Bank $ 29,675,000 6.9% Merrill Lynch, Pierce, Fenner & Smith, Inc. $ 26,000,000 6.0% Bank of New York $ 25,760,000 5.9% Salomon Smith Barney Inc./Salomon Brothers $ 22,730,000 5.2% CLASS B SERIES 2000-1 7.40% ASSET BACKED CERTIFICATES: Chase Manhattan Bank $ 6,025,000 20.0% Citibank, N.A. $ 5,725,000 19.1% Bank One Trust Company, N.A. - State $ 4,350,000 14.5% Wells Fargo Bank Minnesota, N.A. $ 2,850,000 9.5% State Street Bank & Trust Company $ 2,450,000 8.2% Salomon Smith Barney Inc./Salomon Brothers $ 1,850,000 6.2% Goldman Sachs & Co. $ 1,800,000 6.0%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS A SERIES 2000-2 FLOATING RATE ASSET BACKED CERTFICATES: State Street Bank & Trust Company $172,000,000 41.7% Chase Manhattan Bank $106,580,000 25.8% Bankers Trust Company $ 75,000,000 18.2% Citibank, N.A. $ 29,000,000 7.0% CLASS B SERIES 2000-2 FLOATING RATE ASSET BACKED CERTFICATES: Bankers Trust Company $ 25,000,000 62.5% Bank One Trust Company, N.A. $ 13,000,000 32.5% The Northern Trust Company $ 2,000,000 5.0% CLASS A SERIES 2000-3 FLOATING RATE ASSET BACKED CERTFICATES: State Street Bank & Trust Company $358,500,000 43.3% Boston Safe Deposit & Trust Company $245,000,000 29.7% Citibank, N.A. $ 69,000,000 8.4% Chase Manhattan Bank $ 68,440,000 8.3% CLASS B SERIES 2000-3 FLOATING RATE ASSET BACKED CERTFICATES: The Fuji Bank & Trust Company $ 30,000,000 37.5% Chase Manhattan Bank $ 22,500,000 28.1% Bank One Trust Company, N.A. $ 15,000,000 18.7% Bank of Tokyo - Mitsubishi Trust Company $ 10,000,000 12.5%
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Principal Amount of Percent Name Certificates of Class ---- ------------ -------- CLASS A SERIES 2000-4 FLOATING RATE ASSET BACKED CERTFICATES: Bank of Tokyo - Mitsubishi Trust Company $1,000,000,000 100% CLASS B SERIES 2000-4 FLOATING RATE ASSET BACKED CERTFICATES: Bank of Tokyo - Mitsubishi Trust Company $ 48,000,000 49.5% Chase Manhattan Bank $ 35,000,000 36.1% Bankers Trust Company $ 13,970,000 14.4% CLASS A SERIES 2000-5 FLOATING RATE ASSET BACKED CERTFICATES: Boston Safe Deposit & Trust Company $ 195,000,000 30.0% State Street Bank & Trust Company $ 164,500,000 25.3% Merrill Lynch, Pierce, Fenner & Smith Safekeeping $ 95,000,000 14.6% The Northern Trust Company $ 72,000,000 11.1% Chase Manhattan Bank $ 61,000,000 9.4% CLASS B SERIES 2000-5 FLOATING RATE ASSET BACKED CERTFICATES: Chase Manhattan Bank $ 30,000,000 47.6% Bank One Trust Company, N.A. $ 14,000,000 22.2% Bankers Trust Company $ 10,000,000 15.9% State Street Bank & Trust Company $ 5,170,000 8.2%
- 13 - The address of each of the above participants is: c/o The Depository Trust Company 55 Water Street New York, New York 10041 (b) Not applicable. (c) Not applicable. Item 13. Certain Relationships and Related Transactions The Bank of New York acts as Trustee under the Agreement. PART IV Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K (a) Financial Statements: 1. Annual Servicing Statement Delivered to the Trustee (filed as Exhibit 99.1). 2. Annual Accountant's Report of Ernst & Young LLP (filed as Exhibit 99.2). 3. Annual Report containing Aggregate Information for the Fiscal Year (filed as Exhibit 99.3). (b) Reports on Form 8-K: The Trust has filed the following reports on Form 8-K since March 31, 2000: 1. Form 8-K, dated April 17, 2000, attaching the Monthly Servicer's Certificate for the due period February 25, 2000 through March 25, 2000. 2. Form 8-K, dated April 25, 2000, attaching the Series Term Sheet, dated April 25, 2000, setting forth the proposed issuances of the Class A Floating Rate Asset Backed Certificates and the Class B Floating Rate Asset Backed Certificates of the American Express Credit Account Master Trust, Series 2000-3. 3. Form 8-K, dated May 3, 2000, attaching the Series 2000-3 Supplement, dated as of May 3, 2000, supplementing the Pooling and Servicing Agreement, dated as of May 16, 1996. 4. Form 8-K, dated May 15, 2000, attaching the Monthly Servicer's Certificate for the due period March 26, 2000 through April 24, 2000. 5. Form 8-K, dated May 19, 2000, attaching the Assignment No. 4 of Receivables in Additional Accounts, dated as of May 19, 2000, among American Express Centurion Bank, American Express Receivables Financing Corporation II and The Bank of New York, and also attaching the Supplemental Conveyance No. 4, dated as of May 19, 2000, between American Express Receivables Financing Corporation II and American Express Credit Corporation. - 14 - 6. Form 8-K, dated June 15, 2000, attaching the Monthly Servicer's Certificate for the due period April 25, 2000 through May 24, 2000. 7. Form 8-K, dated July 17, 2000, attaching the Monthly Servicer's Certificate for the due period May 25, 2000 through June 24, 2000. 8. Form 8-K, dated August 8, 2000, attaching the Assignment No. 5 of Receivables in Additional Accounts, dated as of August 8, 2000, among American Express Centurion Bank, American Express Receivables Financing Corporation II and The Bank of New York and, also attaching the Supplemental Conveyance No. 5, dated as of August 8, 2000, between American Express Receivables Financing Corporation II and American Express Credit Corporation. 9. Form 8-K, dated August 15 , 2000, attaching the Monthly Servicer's Certificate for the due period June 25, 2000 through July 25, 2000. 10. Form 8-K, dated September 6, 2000, attaching the Series Term Sheet, dated September 6, 2000, setting forth the proposed issuance of the Class A Floating Rate Asset Backed Certificates and the Class B Floating Rate Asset Backed Certificates of the American Express Credit Account Master Trust, Series 2000-5. 11. Form 8-K, dated September 15, 2000, attaching the Monthly Servicer's Certificate for the due period July 26, 2000 through August 24, 2000. 12. Form 8-K, dated September 15, 2000, attaching the Series 2000-5 Supplement, dated as of September 15, 2000, supplementing the Pooling and Servicing Agreement, dated as of May 16, 1996. 13. Form 8-K, dated October 16, 2000, attaching the Monthly Servicer's Certificate for the due period August 25, 2000 through September 24, 2000. 14. Form 8-K, dated November 15, 2000, attaching the Monthly Servicer's Certificate for the due period September 25, 2000 through October 25, 2000. 15. Form 8-K, dated December 15, 2000, attaching the Monthly Servicer's Certificate for the due period October 26, 2000 through November 24, 2000. 16. Form 8-K, dated January 16, 2001, attaching the Monthly Servicer's Certificate for the due period November 25, 2000 through December 25, 2000. 17. Form 8-K, dated February 15, 2001, attaching the Monthly Servicer's Certificate for the due period December 26, 2000 through January 25, 2001. 18. Form 8-K, dated February 15, 2001, attaching the Series Term Sheet, dated February 12, 2001, setting forth the proposed issuances of the Class A Floating Rate Asset Backed Certificates and the Class B Floating Rate Asset Backed Certificates of the American Express Credit Account Master Trust, Series 2001-1. 19. Form 8-K, dated February 23, 2001, attaching the Series 2001-1 Supplement, dated as of February 23, 2001, supplementing the Pooling and Servicing Agreement, dated as of May 16, 1996. - 15 - 20. Form 8-K, dated March 13, 2001, attaching the Series Term Sheet, dated March 13, 2001, setting forth the proposed issuances of the Class A 5.53% Asset Backed Certificates and the Class B 5.83% Asset Backed Certificates, Series 2001-2, of the American Express Credit Account Master Trust; and also attaching the Series Term Sheet, dated March 13, 2001, setting forth the proposed issuances of the Class A Floating Rate Asset Backed Certificates and the Class B Asset Backed Certificates, Series 2001-3, of the American Express Credit Account Master Trust. 21. Form 8-K, dated March 15, 2001, attaching the Monthly Servicer's Certificate for the due period January 26, 2001 through February 24, 2001. 22. Form 8-K, dated March 27, 2001, attaching the Assignment No. 6 of Receivables in Additional Accounts, dated as of March 2, 2001, among American Express Centurion Bank, American Express Receivables Financing Corporation II and The Bank of New York and, also attaching the Supplemental Conveyance o. 6, ated as of March 2, 2001, between American Express Receivables Financing Corporation II and American Express Credit Corporation. (c) Exhibits: 4.1 Pooling and Servicing Agreement, dated as of May 16, 1996 (incorporated by reference to Exhibit 4.1 of Form 8-A12G filed by registrant on May 30, 1996, File No. 000-20787). 4.2 Supplemental Assumption Agreement, dated as of June 27, 1996, between American Express Centurion Bank, as Assignor, and American Express Deposit Corporation, as Assignee, with respect to the Pooling and Servicing Agreement Governing the American Express Credit Account Master Trust (incorporated by reference to Exhibit 4.3 of Form 8-K filed by registrant on July 16, 1996, File No. 000-20787). 4.3 Assignment No. 1 of Receivables in Additional Accounts, dated as of August 7, 1997, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 20.2 of Form 8-K, dated as of August 15, 1997, File Nos. 000-20787-01 and 000-20787- 00). 4.4 Assignment No. 3 of Receivables in Additional Accounts, dated as of September 13, 1999, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.1 of Form 8-K, dated as of September 1, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.5 Assignment No. 4 of Receivables in Additional Accounts, dated as of May 19, 2000, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.01 of Form 8-K, dated as of May 19, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.6 Assignment No. 5 of Receivables in Additional Accounts, dated as of August 8, 2000, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.01 of Form 8-K, dated as of August 8, 2000, File Nos. 000-20787-01 and 000-20787-00). - 16 - 4.7 Assignment No. 6 of Receivables in Additional Accounts, dated as of March 2, 2001, by and among American Expres Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.01 of Form 8-K, dated as of March 27, 2001, File Nos. 000-20787-01 and 000-20787-00). 4.8 Supplemental Conveyance No. 1, dated as of August 7, 1997, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 20.3 of Form 8-K, dated as of August 15, 1997, File Nos. 000-20787-01 and 000-20787-00). 4.9 Supplemental Conveyance No. 3, dated as of September 13, 1999, by and between American Express Credit Corporation, as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.2 of Form 8-K, dated as of September 21, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.10 Supplemental Conveyance No. 4, dated as of May 19, 2000, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.02 of Form 8-K, dated as of May 19, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.11 Supplemental Conveyance No. 5, dated as of August 8, 2000, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.02 of Form 8-K, dated as of August 8, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.12 Supplemental Conveyance No. 6, dated as of March 2, 2001, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.02 of Form 8-K, dated as of March 27, 2001, File Nos. 000-20787-01 and 000-20787-00). 4.13 Series 1996-1 Supplement to the Pooling and Servicing Agree- ment, dated as of May 16, 1996 (incorporated by reference to Exhibit 4.2 of Form 8-A12G filed by registrant on May 30, 1996, File No. 000-20787). 4.14 Series 1997-1 Supplement to the Pooling and Servicing Agree- ment, dated as of August 28, 1997 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of September 16, 1997, File Nos. 000-20787-01 and 000-20787-00). 4.15 Series 1998-1 Supplement to the Pooling and Servicing Agree- ment, dated as of June 23, 1998 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of July 15, 1998, File Nos. 000-20787-01 and 000-20787-00). 4.16 Series 1999-1 Supplement to the Pooling and Servicing Agree- ment, dated as of April 21, 1999 (incorporated by reference to Exhibit 4.1 of Form 8-A12G, dated as of April 21, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.17 Series 1999-2 Supplement to the Pooling and Servicing Agree- ment, dated as of May 19, 1999 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of May 19, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.18 Series 1999-3 Supplement to the Pooling and Servicing Agree- ment, dated as of May 19, 1999 (incorporated by reference to Exhibit 4.3 of Form 8-A12G, dated as of May 19, 1999, File Nos. 000-20787-01 and 000-20787-00). - 17 - 4.19 Series 1999-4 Supplement to the Pooling and Servicing Agree- ment, dated as of August 17, 1999 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of August 17, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.20 Series 1999-5 Supplement to the Pooling and Servicing Agree- ment, dated as of August 17, 1999 (incorporated by reference to Exhibit 4.3 of Form 8-A12G, dated as of August 17, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.21 Series 1999-6 Supplement to the Pooling and Servicing Agree- ment, dated as of September 16, 1999 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of September 16, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.22 Series 2000-1 Supplement to the Pooling and Servicing Agreement, dated as of February 16, 2000 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of February 16, 2000, File Nos. 000-20787-01 and 000-20787- 00). 4.23 Series 2000-2 Supplement to the Pooling and Servicing Agreement, dated as of February 16, 2000 (incorporated by reference to Exhibit 4.2 of Form 8-K, dated as of February 16, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.24 Series 2000-3 Supplement to the Pooling and Servicing Agree- ment, dated as of May 3, 2000 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of May 3, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.25 Series 2000-4 Supplement to the Pooling and Servicing Agree- ment, dated as of June 22, 2000 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of June 22, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.26 Series 2000-5 Supplement to the Pooling and Servicing Agreement, dated as of September 15, 2000 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of September 15, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.27 Series 2001-1 Supplement to the Pooling and Servicing Agreement, dated as of February 23, 2001 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of February 23, 2001, File Nos. 000-20787-01 and 000-20787-00). 10.1 Form of RFC II Purchase Agreement (incorporated by reference to Exhibit 10.1 of Registration Statement on Form S-3, filed March 6, 1996, File No. 33-95784). 24.1 Power of Attorney for American Express Centurion Bank. 24.2 Power of Attorney for American Express Receivables Financing Corporation II. 99.1 Annual Servicing Statement Delivered to the Trustee. 99.2 Annual Accountant's Report of Ernst & Young LLP. 99.3 Annual Report Containing Aggregate Information for the Fiscal Year. - 18 - SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST AMERICAN EXPRESS CENTURION BANK, Co-Originator of the Trust and Registrant By: /s/ Rhonda Halpern -------------------------------------- Rhonda Halpern Chief Financial Officer Treasurer, and Chief Compliance Officer (Principal Accounting Officer) Pursuant to the requirements of the Securities and Exchange Act of 1934, this report has been signed by the following persons in the capacities indicated. * - ---------------------- Ash Gupta Director and Chairman * - ---------------------- David E. Poulsen Director, President and Chief Executive Officer * - ---------------------- Maria J. Garciaz Director * - ---------------------- Peter A. Lefferts Director - ---------------------- Raymond F. Pettit Director * - ---------------------- Frank L. Skillern Director - ---------------------- Jay Stevelman Director * - ---------------------- Roslyn M. Watson Director * - ---------------------- James F. Welch Director * By: /s/ John Hobby ---------------- John Hobby Attorney-in-Fact Dated: March 30, 2001 SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST AMERICAN EXPRESS RECEIVABLES FINANCING CORPORATION II, Co-Originator of the Trust and Registrant By: /s/ Leslie R. Scharfstein -------------------------------------- Leslie R. Scharfstein President Pursuant to the requirements of the Securities and Exchange Act of 1934, this report has been signed by the following persons in the capacities indicated. * - ------------------------- Leslie R. Scharfstein President (Principal Executive Officer) * - ------------------------- John D. Koslow Vice President and Treasurer (Principal Finance Officer and Principal Accounting Officer) * - ------------------------- Donald J. Puglisi Director * - ------------------------- Jay B. Stevelman Director * By: /s/ Leslie R. Scharfstein ------------------------- Leslie R. Scharfstein Attorney-in-Fact Dated: March 30, 2001 EXHIBIT INDEX The following exhibits are filed as part of this Annual Report or, where indicated, were heretofore filed and are hereby incorporated by reference (* indicates exhibits electronically filed herewith). 4.1 Pooling and Servicing Agreement, dated as of May 16, 1996 (incorporated by reference to Exhibit 4.1 of Form 8-A12G filed by registrant on May 30, 1996, File No. 000-20787). 4.2 Supplemental Assumption Agreement, dated as of June 27, 1996, between American Express Centurion Bank, as Assignor, and American Express Deposit Corporation, as Assignee, with respect to the Pooling and Servicing Agreement Governing the American Express Credit Account Master Trust (incorporated by reference to Exhibit 4.3 of Form 8-K filed by registrant on July 16, 1996, File No. 000-20787). 4.3 Assignment No. 1 of Receivables in Additional Accounts, dated as of August 7, 1997, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 20.2 of Form 8-K, dated as of August 15, 1997, File Nos. 000-20787-01 and 000-20787-00). 4.4 Assignment No. 3 of Receivables in Additional Accounts, dated as of September 13, 1999, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.1 of Form 8-K, dated as of September 1, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.5 Assignment No. 4 of Receivables in Additional Accounts, dated as of May 19, 2000, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.01 of Form 8-K, dated as of May 19, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.6 Assignment No. 5 of Receivables in Additional Accounts, dated as of August 8, 2000, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.01 of Form 8-K, dated as of August 8, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.7 Assignment No. 6 of Receivables in Additional Accounts, dated as of March 2, 2001, by and among American Express Centurion Bank and American Express Receivables Financing Corporation II, as transferors, and The Bank of New York, as trustee (incorporated by reference to Exhibit 99.01 of Form 8-K, dated as of March 27, 2001, File Nos. 000-20787-01 and 000-20787-00). 4.8 Supplemental Conveyance No. 1, dated as of August 7, 1997, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 20.3 of Form 8-K, dated as of August 15, 1997, File Nos. 000-20787-01 and 000-20787-00). 4.9 Supplemental Conveyance No. 3, dated as of September 13, 1999, by and between American Express Credit Corporation, as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.2 of Form 8-K, dated as of September 21, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.10 Supplemental Conveyance No. 4, dated as of May 19, 2000, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.02 of Form 8-K, dated as of May 19, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.11 Supplemental Conveyance No. 5, dated as of August 8, 2000, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.02 of Form 8-K, dated as of August 8, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.12 Supplemental Conveyance No. 6, dated as of March 2, 2001, by and between American Express Credit Corporation as seller, and American Express Receivables Financing Corporation II, as purchaser (incorporated by reference to Exhibit 99.02 of Form 8-K, dated as of March 27, 2001, File Nos. 000-20787-01 and 000-20787-00). 4.13 Series 1996-1 Supplement to the Pooling and Servicing Agreement, dated as of May 16, 1996 (incorporated by reference to Exhibit 4.2 of Form 8-A12G filed by registrant on May 30, 1996, File No. 000-20787). 4.14 Series 1997-1 Supplement to the Pooling and Servicing Agreement, dated as of August 28, 1997 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of September 16, 1997, File Nos. 000-20787-01 and 000-20787-00). 4.15 Series 1998-1 Supplement to the Pooling and Servicing Agreement, dated as of June 23, 1998 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of July 15, 1998, File Nos. 000-20787-01 and 000-20787-00). 4.16 Series 1999-1 Supplement to the Pooling and Servicing Agreement, dated as of April 21, 1999 (incorporated by reference to Exhibit 4.1 of Form 8-A12G, dated as of April 21, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.17 Series 1999-2 Supplement to the Pooling and Servicing Agreement, dated as of May 19, 1999 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of May 19, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.18 Series 1999-3 Supplement to the Pooling and Servicing Agreement, dated as of May 19, 1999 (incorporated by reference to Exhibit 4.3 of Form 8-A12G, dated as of May 19, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.19 Series 1999-4 Supplement to the Pooling and Servicing Agreement, dated as of August 17, 1999 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of August 17, 1999, File Nos. 000-20787-01 and 000- 20787-00). 4.20 Series 1999-5 Supplement to the Pooling and Servicing Agreement, dated as of August 17 1999 (incorporated by reference to Exhibit 4.3 of Form 8-A12G, dated as of August 17, 1999, File Nos. 000-20787-01 and 000-20787- 00). 4.21 Series 1999-6 Supplement to the Pooling and Servicing Agreement, dated as of September 16, 1999 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of September 16, 1999, File Nos. 000-20787-01 and 000-20787-00). 4.22 Series 2000-1 Supplement to the Pooling and Servicing Agreement, dated as of February 16, 2000 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of February 16, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.23 Series 2000-2 Supplement to the Pooling and Servicing Agreement, dated as of February 16, 2000 (incorporated by reference to Exhibit 4.2 of Form 8-K, dated as of February 16, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.24 Series 2000-3 Supplement to the Pooling and Servicing Agreement, dated as of May 3, 2000 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of May 3, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.25 Series 2000-4 Supplement to the Pooling and Servicing Agreement, dated as of June 22, 2000 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of June 22, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.26 Series 2000-5 Supplement to the Pooling and Servicing Agreement, dated as of September 15, 2000 (incorporated by reference to Exhibit 4.2 of Form 8-A12G, dated as of September 15, 2000, File Nos. 000-20787-01 and 000-20787-00). 4.27 Series 2001-1 Supplement to the Pooling and Servicing Agreement, dated as of February 23, 2001 (incorporated by reference to Exhibit 4.1 of Form 8-K, dated as of February 23, 2001, File Nos. 000-20787-01 and 000-20787-00). 10.1 Form of RFC II Purchase Agreement (incorporated by reference to Exhibit 10.1 of Registration Statement on Form S-3, filed March 6, 1996, File No. 33-95784). 24.1* Power of Attorney for American Express Centurion Bank. 24.2* Power of Attorney for American Express Receivables Financing Corporation II. 99.1* Annual Servicing Statement Delivered to the Trustee. 99.2* Annual Accountant's Report of Ernst & Young LLP. 99.3* Annual Report Containing Aggregate Information for the Fiscal Year. EX-24 2 rfc2exh24.txt RFC II AND CENTURION BANK'S POAS EXHIBIT 24.1 AMERICAN EXPRESS CENTURION BANK POWER OF ATTORNEY American Express Centurion Bank, a Utah corporation (the "Company"), and each of the undersigned officers and directors of the Company, hereby constitute and appoint John Hobby, Stephen P. Norman, Jay B. Stevelman and Rhonda Halpern, jointly and severally, with full power of substitution and revocation, their true and lawful attorneys-in-fact and agents, for them and on their behalf and in their respective names, places and steads, in any and all capacities, to sign, execute and affix their respective seal thereto and file any of the documents referred to below relating to the American Express Credit Account Master Trust; all filings and reports required under the Securities Exchange Act of 1934, including Current Reports on Form 8-K and Annual Reports on Form 10-K, including any amendments thereto, on behalf of the Company, with any regulatory authority, granting unto said attorneys, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises in order to effectuate the same as fully to all intents and purposes as they might or could do if personally present, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be executed in counterparts. IN WITNESS WHEREOF, American Express Centurion Bank has caused this Power of Attorney to be executed in its name by its Chairman and attested by its Assistant Secretary, and the undersigned officers and directors have hereunto set their hand as of the 30th day of March, 2001. AMERICAN EXPRESS CENTURION BANK By: /s/ Ash Gupta --------------------------- Ash Gupta Chairman ATTEST: /s/ John Hobby - ----------------------- John Hobby Assistant Secretary /s/ Ash Gupta - ---------------------- Ash Gupta Director and Chairman /s/ David E. Poulsen - ---------------------- David E. Poulsen Director, President and Chief Executive Officer /s/ Maria J. Garciaz - ---------------------- Maria J. Garciaz Director /s/ Peter A. Lefferts - ---------------------- Peter A. Lefferts Director - ---------------------- Raymond F. Pettit Director /s/ Frank L. Skillern - ---------------------- Frank L. Skillern Director - ---------------------- Jay Stevelman Director /s/ Roslyn M. Watson - ---------------------- Roslyn M. Watson Director /s/ James F. Welch - ---------------------- James F. Welch Director EXHIBIT 24.2 AMERICAN EXPRESS RECEIVABLES FINANCING CORPORATION II POWER OF ATTORNEY American Express Receivables Financing Corporation II, a Delaware corporation (the "Company"), and each of the undersigned officers and directors of the Company, hereby constitute and appoint Jay B. Stevelman, John D. Koslow, Leslie R. Scharfstein and Stephen P. Norman, jointly and severally, with full power of substitution and revocation, their true and lawful attorneys-in-fact and agents, for them and on their behalf and in their respective names, places and steads, in any and all capacities, to sign, execute and affix their respective seal thereto and file any of the documents referred to below relating to the American Express Credit Account Master Trust; all filings and reports required under the Securities Exchange Act of 1934, including Current Reports on Form 8-K and Annual Reports on Form 10-K, including any amendments thereto, on behalf of the Company, with any regulatory authority, granting unto said attorneys, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises in order to effectuate the same as fully to all intents and purposes as they might or could do if personally present, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be executed in counterparts. IN WITNESS WHEREOF, American Express Receivables Financing Corporation II has caused this Power of Attorney to be executed in its name by its President and attested by its Secretary, and the undersigned officers and directors have hereunto set their hand as of the 30th day of March, 2001. AMERICAN EXPRESS RECEIVABLES FINANCING CORPORATION II By: /s/ Leslie R. Scharfstein -------------------------- Leslie R. Scharfstein President ATTEST: /s/ Michael Kuchs - ----------------- Michael Kuchs Secretary /s/ Leslie R. Scharfstein - ------------------------------------- Leslie R. Scharfstein President (Principal Executive Officer) /s/ John D. Koslow - ------------------------------------- John D. Koslow Vice President and Treasurer (Principal Finance Officer and Principal Accounting Officer) /s/ Donald J. Puglisi - -------------------------------------- Donald J. Puglisi Director /s/ Jay B. Stevelman - ------------------------------------- Jay B. Stevelman Director EX-99 3 rfc2exh99.txt SERVICER CERTIFICATE, CONSENTS AND ANNUAL REPORT EXHIBIT 99.1 ANNUAL 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"), by and among TRS, as Servicer, American Express Centurion Bank, a Utah banking institution, and American Express Receivables Financing Corporation II, each as Transferor, and The Bank of New York, as trustee (the "Trustee"), does hereby certify to the best of his knowledge after reasonable investigation that: 1. TRS is as of the date hereof the Servicer under the Agreement. Capitalized terms used in this Certificate have their respective meanings set forth in the Agreement. 2. The undersigned is duly authorized pursuant to the Agreement to execute and deliver this Certificate to the Trustee. 3. A review of the activities of the Servicer during the calendar year ended December 31, 2000 and of its performance under the Agreement was conducted under my supervision. 4. Based on such review, the Servicer has, to the best of my knowledge, performed in all material respects its obligations under the Agreement throughout such calendar year and no default in the performance of such obligations has occurred or is continuing except as set forth in paragraph 5 below. 5. The following is a description of each Default in the performance of the Servicer's obligations under the provisions of the Agreement known to me to have been made by the Servicer during the calendar year ended December 31, 2000, which sets in detail (i) the nature of each such default, (ii) the action taken by the Servicer, if any, to remedy each such default, and (iii) the current status of each such default: NONE. IN WITNESS WHEREOF, the undersigned has duly executed this Certificate this 16th day of March, 2001. AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer By: /s/ Lawrence A. Belmonte ------------------------------------------ Name: Lawrence A. Belmonte Title: Vice President - Business Results EXHIBIT 99.2 REPORT OF INDEPENDENT ACCOUNTANTS American Express Travel Related Services Company, Inc. 3 World Financial Center 200 Vesey Street New York, New York 10285 American Express Centurion Bank 6985 Union Park Center, Suite 235 Midvale, UT 84047 American Express Receivables Financing Corporation II 3 World Financial Center 200 Vesey Street New York, New York 10285 and The Bank of New York 101 Barclay Street, Floor 12E New York, New York 10286 We have audited in accordance with auditing standards generally accepted in the United States the consolidated balance sheet of American Express Travel Related Services Company, Inc. (the "Company") as of December 31, 2000, and the related consolidated statements of income, shareholder's equity, and cash flows for the year then ended, and have issued our report thereon dated February 8, 2001. In connection with our audit, nothing came to our attention that caused us to believe that the Company failed to comply with the terms, covenants, provisions, or conditions of Articles III and IV and Section 8.08 of the Master Pooling and Servicing Agreement, dated as of May 16, 1996, as amended and supplemented by the Series' 1996-1, 1997-1, 1998-1, Series 1999-1, Series 1999-2, Series 1999-3, Series 1999-4, Series 1999-5, Series 1999-6, Series 2000-1, Series 2000-2, Series 2000-3, Series 2000-4 and Series 2000-5 Supplements (together the "Agreement"), among the Company, as Servicer, American Express Receivables Financing Corporation II ("RFCII") and American Express Centurion Bank ("Centurion"), as Transferors, and The Bank of New York ("BONY"), as Trustee on behalf of the Certificateholders of the Trust, insofar as they relate to accounting matters. However, our audit is not directed primarily toward obtaining knowledge of such noncompliance. Also, it should be understood that we make no representations as to questions of legal interpretation. This report is intended solely for the information and use of the Company, RFC II, Centurion, BONY, Moody's Investors Services and Standard & Poor's Corporation and is not intended to be and should not be used by anyone other than these specified parties. However, this report is a matter of public record, as a result of inclusion as an exhibit to the Annual Report on Form 10-K filed by RFCII on behalf of the Trust, and its distribution is not limited. /s/ Ernst & Young LLP March 30, 2001 REPORT OF INDEPENDENT ACCOUNTANTS American Express Travel Related Services Company, Inc. 3 World Financial Center 200 Vesey Street New York, New York 10285 American Express Centurion Bank 6985 Union Park Center, Suite 235 Midvale, UT 84047 American Express Receivables Financing Corporation II 3 World Financial Center 200 Vesey Street New York, New York 10285 and The Bank of New York 101 Barclay Street, Floor 12E New York, New York 10286 We have examined management's assertion that American Express Travel Related Services Company, Inc. ("TRS"), a wholly owned subsidiary of American Express Company ("American Express"), maintained internal control policies and procedures over the functions performed as Servicer of the American Express Credit Account Master Trust (the "Trust") that are effective, as of December 31, 2000, in providing reasonable assurance that Trust assets are safeguarded against loss from unauthorized use or disposition and that transactions are executed in accordance with management's authorization in conformity with the Master Pooling and Servicing Agreement, dated as of May 16, 1996, as amended and supplemented by the Series' 1996-1, 1997-1, 1998-1, 1999-1, 1999-2, 1999-3, 1999-4, 1999-5, 1999-6, 2000-1, 2000-2, 2000-3, 2000-4 and 2000-5 Supplements (together the "Agreement"), among TRS as Servicer, American Express Receivables Financing Corporation II ("RFCII") and American Express Centurion Bank ("Centurion") as Transferors, and The Bank of New York as Trustee on behalf of the Certificateholders of the Trust, and are recorded properly to permit the preparation of the required financial reports. This assertion is included in the accompanying report of management titled, "Report of Management on Credit Account Master Trust Internal Control Policies and Procedures and Pooling and Servicing Agreement Compliance" (the "Report"). Our examination was made in accordance with standards established by the American Institute of Certified Public Accountants, and accordingly, included obtaining an understanding of the internal control policies and procedures over the functions performed by TRS as Servicer of the Trust, testing and evaluating the design and operating effectiveness of the policies and procedures, and such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. Because of inherent limitations in any internal control policy and procedure, errors or irregularities may occur and not be detected. Also, projections of any evaluation of the internal control policies and procedures over the functions performed by TRS as Servicer of the Trust to future periods are subject to the risk that the policies and procedures may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate. In our opinion, management's assertion that TRS maintained internal control policies and procedures over the functions performed as Servicer of the Trust that are effective, as of December 31, 2000, in providing reasonable assurance that Trust assets are safeguarded against loss from unauthorized use or disposition and that transactions are executed in accordance with management's authorization in conformity with the Agreements between TRS as Servicer, Centurion and RFCII as Transferors, and The Bank of New York as Trustee on behalf of the Certificateholders of the Trust, and are recorded properly to permit the preparation of the required financial reports, is fairly stated, in all material respects, based upon the criteria specified in the Report. This report is intended solely for the information and use of the Board of Directors and management of TRS as Servicer, RFCII and Centurion as Transferors, and The Bank of New York as Trustee on behalf of the Certificateholders of the Trust, and is not intended to be and should not be used by anyone other than these specified parties. However, this report is a matter of public record, as a result of inclusion as an exhibit to the Annual Report on Form 10-K filed by RFCII on behalf of the Trust, and its distribution is not limited. /s/ Ernst & Young LLP March 30, 2001 REPORT OF MANAGEMENT ON CREDIT ACCOUNT MASTER TRUST INTERNAL CONTROL POLICIES AND PROCEDURES AND POOLING AND SERVICING AGREEMENT COMPLIANCE Internal Control Policies and Procedures - ---------------------------------------- American Express Travel Related Services Company, Inc. ("TRS"), which is a wholly owned subsidiary of American Express Company, is responsible for establishing and maintaining effective internal control policies and procedures over the functions performed as Servicer of the American Express Credit Account Master Trust (the "Trust"). These policies and procedures are designed to provide reasonable assurance to TRS' management and board of directors that Trust assets are safeguarded against loss from unauthorized use or disposition and that transactions are executed in conformity with the Master Pooling and Servicing Agreement, dated as of May 16, 1996 as supplemented by the Series' 1996-1, 1997-1, 1998-1, 1999-1, 1999-2, 1999-3, 1999-4, 1999-5, 1999-6, 2000-1, 2000-2, 2000-3, 2000-4 and 2000-5 Supplements (together the "Agreement"), among TRS as Servicer, American Express Receivables Financing Corporation II ("RFCII") and American Express Centurion Bank ("Centurion") as Transferors, and The Bank of New York as Trustee on behalf of the Certificateholders of the Trust and are recorded properly to permit the preparation of the required financial reports. There are inherent limitations in any internal control policy and procedure, including the possibility of human error and the circumvention or overriding of controls. Accordingly, even effective internal control policies and procedures can provide only reasonable assurance with respect to the achievement of any objectives of internal control. Further, because of changes in conditions, the effectiveness of the internal control policies and procedures may vary over time. TRS has determined that the objectives of its internal control policies and procedures, with respect to servicing and reporting of transferred loans, are to provide reasonable, but not absolute assurance that: o Funds collected are appropriately allocated to the Trust in accordance with the Agreement. o The addition of Accounts to the Trust are authorized in accordance with the Agreement. o The removal of Accounts from the Trust are authorized in accordance with the Agreement. o Trust assets amortizing out of the Trust are calculated in accordance with the Agreement. o Daily records as specified in the Agreement are maintained and are available for inspection by the Trustee upon request. o Monthly Servicer's Certificates are prepared and contain the required information in accordance with the Agreement. o Monthly Servicer's Certificates generated pursuant to the Agreement are materially correct and are derived from and reconcile to the computer reports which are the source of such amounts contained in the reports. o On an annual basis, the Servicer will deliver to the Trustee an Annual Servicer's Certificate. o The payments to the Trustee are made by the Servicer in accordance with the Agreement. TRS has assessed its internal control policies and procedures over the functions performed as Servicer of the Trust in relation to these criteria. Based upon this assessment, TRS maintained that, as of December 31, 2000, its internal control policies and procedures over the functions performed as Servicer of the Trust are effective in providing reasonable assurance that Trust assets are safeguarded against loss from unauthorized use or disposition and the transactions are executed in accordance with management's authorization in conformity with the Agreement between the TRS as Servicer, RFCII and Centurion as Transferors, and The Bank of New York as Trustee on behalf of the Certificateholders of the Trust, and are recorded properly to permit the preparation of the required financial reports. Pooling and Servicing Agreement Compliance - ------------------------------------------ TRS is responsible for complying with the Agreement. TRS assessed its compliance, as of December 31, 2000 and for the compliance period then ended, with the relevant covenants and conditions identified in the Agreement. Based upon this assessment and the delivery of the independent accountant's letters pursuant to Section 3.06 (a) and (b) of the Agreement, TRS was in compliance, as of December 31, 2000 and for the compliance period then ended, with the relevant covenants and conditions identified in the Agreement. In addition, TRS did not identify any instances of noncompliance in performing the assessment. March 30, 2001 American Express Travel Related Services Company, Inc. by: /s/ James R. Ford --------------------------------------------------- James R. Ford Senior Vice President - Assistant Comptroller Financial Accounting and Reporting /s/ Lawrence Belmonte --------------------------------------------------- Lawrence Belmonte Vice President, CSBS Finance EXHIBIT 99.3 SERVICER'S CERTIFICATE AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. -------------------------------------------- ANNUAL STATEMENT AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST SERIES 1996-1, 1997-1, 1998-1, 1999-1, 1999-2, 1999-3, 1999-4, 1999-5, 1999-6, 2000-1, 2000-2, 2000-3, 2000-4 & 2000-5 FOR THE PERIOD DECEMBER 25, 1999 THROUGH DECEMBER 25, 2000 -------------------------------------------- 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 1996-1, 1997-1, 1998-1, 1999-1, 1999-2, 1999-3, 1999-4, 1999-5, 1999-6, 2000-1, 2000-2, 2000-3, 2000-4 and 2000-5 Supplements (the "Series Supplements"),among TRS, as Servicer, American Express Centurion Bank and American Express Receivables Financing Corporation II, 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 Annual Statement is delivered pursuant to sections 5.02(d) of the Series Supplements and contains information with respect to the Trust aggregated for the period December 25, 1999 through December 25, 2000 (the end of the last monthly period of the Trust in 2000.) IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this day of January, 2001. AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer By: /s/ Lawrence Belmonte -------------------------------- Name: Lawrence Belmonte Title: Vice President Business Results
ACTIVITY AGGREGATE FOR THE PERIOD DECEMBER 25, 1999 THROUGH DECEMBER 25, 2000 A. Trust Activity Trust Totals - ----------------- ----------- BALANCES AT DECEMBER 25, 1999 Principal Receivable Balance (Restated for 10,304,756,926 Jan addition) Special Funding Account Balance 0 Total Principal Balance 10,304,756,926 Aggregate Finance Charge Collections (excluding 2,105,344,111 Discount Option & Recoveries) Discount Percentage 2.00% Discount Option Receivables Collections 317,175,829 Premium Option Receivables Collections 0 Recoveries 116,740,230 Total Collections of Finance Charge Receivables 2,539,260,170 Total Collections of Principal Receivables 15,541,615,634 Defaulted amount 682,959,238 New Principal Receivables 15,973,465,514 Additions 3,793,994,337 BALANCES AT DECEMBER 25, 2000 Principal Receivables Balance 13,847,641,906 Required Minimum Principal Balance 11,770,000,000 Transferor Amount 2,847,641,906 Special Funding Account Balance 0 Total Principal Balance 13,847,641,906 B. Series Allocations Series 1996-1 Series 1997-1 Series 1998-1 Series 1999-1 Series 1999-2 - --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 1 1 2 1 1 Invested Amount 1,000,000,000 1,000,000,000 1,000,000,000 1,000,000,000 500,000,000 Adjusted Invested Amount 1,000,000,000 1,000,000,000 1,000,000,000 1,000,000,000 500,000,000 Principal Funding Account Balance 0 0 0 0 0 Series Required Transferor Amount 70,000,000 70,000,000 70,000,000 70,000,000 35,000,000 Series Allocation Percentage at 12/25/00 9.09% 9.09% 9.09% 9.09% 4.55% Series Alloc. Finance Charge Collections 265,377,701 265,377,701 265,377,701 265,377,701 132,688,851 Series Allocable Recoveries 12,316,700 12,316,700 12,316,700 12,316,700 6,158,350 Series Alloc. Principal Collections 1,606,266,109 1,606,266,109 1,606,266,109 1,606,266,109 803,133,054 Series Allocable Defaulted Amount 72,258,308 72,258,308 72,258,308 72,258,308 36,129,154 B. Series Allocations Series 1999-3 Series 1999-4 Series 1999-5 Series 1999-6 Series 2000-1 - --------------------- ------------- ------------- ------------- ------------- ------------ Group Number 2 2 2 2 Invested Amount 1,000,000,000 500,000,000 500,000,000 500,000,000 500,000,000 Adjusted Invested Amount 1,000,000,000 500,000,000 500,000,000 500,000,000 500,000,000 Principal Funding Account Balance 0 0 0 0 0 Series Required Transferor Amount 70,000,000 35,000,000 35,000,000 35,000,000 35,000,000 Series Allocation Percentage at 12/25/00 9.09% 4.55% 4.55% 4.55% 4.55% Series Alloc. Finance Charge Collections 265,377,701 132,688,851 132,688,851 132,688,851 120,957,271 Series Allocable Recoveries 12,316,700 6,158,350 6,158,350 6,158,350 5,600,833 Series Alloc. Principal Collections 1,606,266,109 803,133,054 803,133,054 803,133,054 736,558,970 Series Allocable Defaulted Amount 72,258,308 36,129,154 36,129,154 36,129,154 32,528,889 B. Series Allocations Series 2000-2 Series 2000-3 Series 2000-4 Series 2000-5 Trust Total - --------------------- ------------- ------------- ------------- ------------- ---------- Group Number 2 2 2 2 Invested Amount 500,000,000 1,000,000,000 1,212,122,000 787,878,000 11,000,000,000 Adjusted Invested Amount 500,000,000 1,000,000,000 1,212,122,000 787,878,000 11,000,000,000 Principal Funding Account Balance 0 0 0 0 0 Series Required Transferor Amount 35,000,000 70,000,000 84,848,540 55,151,460 770,000,000 Series Allocation Percentage at 12/25/00 4.55% 9.09% 11.02% 7.16% 100% Series Alloc. Finance Charge Collections 120,957,271 177,706,709 189,085,954 72,909,057 2,539,260,170 Series Allocable Recoveries 5,600,833 8,022,338 8,251,253 3,048,073 116,740,230 Series Alloc. Principal Collections 736,558,970 1,122,578,681 1,215,637,308 486,418,946 15,541,615,634 Series Allocable Defaulted Amount 32,528,889 46,151,665 48,113,563 17,828,077 682,959,238
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C. Group Allocations - -------------------- - ------------------------------------------------------------------------------------------------------------------------------------ 1. Group 1 Allocations Series 1996-1 Series 1997-1 Series 1999-1 Series 1999-2 Series 2000-1 - ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 212,165,287 212,165,287 212,165,287 106,082,643 98,113,405 Investor Monthly Interest 68,152,036 64,433,078 57,453,286 30,315,393 51,081,221 Investor Default Amount 57,686,172 57,686,172 57,686,172 28,843,086 43,516,999 Investor Monthly Fees 20,000,000 20,000,000 20,000,000 10,000,000 15,000,000 Investor Additional Amounts 0 0 0 0 0 Total 145,838,208 142,119,250 135,139,458 69,158,479 109,598,221 Reallocated Investor Finance Charge Collections NA NA NA NA NA Available Excess 66,327,078 70,046,037 77,025,828 36,924,164 44,299,851 1. Group 1 Allocations Group 1 Total - ---------------------- ------------- Investor Finance Charge Collections 840,691,908 Investor Monthly Interest 271,435,016 Investor Default Amount 245,418,600 Investor Monthly Fees 85,000,000 Investor Additional Amounts 0 Total 601,853,616 Reallocated Investor Finance Charge Collections NA Available Excess 294,622,959 -------------------------------------------------------------------------------- 2. Group 2 Allocations Series 1998-1 Series 1999-3 Series 1999-4 Series 1999-5 Series 1999-6 - ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 212,165,287 212,165,287 106,082,643 106,082,643 106,082,643 Investor Monthly Interest 66,312,014 67,042,036 33,654,485 34,018,738 33,831,682 Investor Default Amount 57,686,172 57,686,172 28,843,086 28,843,086 28,843,086 Investor Monthly Fees 20,000,000 20,000,000 10,000,000 10,000,000 10,000,000 Investor Additional Amounts 0 0 0 0 0 Total 143,998,186 144,728,208 72,497,571 72,861,823 72,674,768 Reallocated Investor Finance Charge Collections NA NA NA NA NA Available Excess 68,167,101 67,437,079 33,585,073 33,220,820 33,407,876 2. Group 2 Allocations Series 2000-2 Series 2000-3 Series 2000-4 Series 2000-5 Group 2 Total - ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 98,113,405 145,492,015 155,513,310 59,133,616 1,200,830,848 Investor Monthly Interest 31,216,484 48,854,806 48,296,112 18,494,521 381,720,877 Investor Default Amount 26,397,434 37,857,140 39,688,298 14,460,423 320,304,896 Investor Monthly Fees 9,166,667 13,333,333 14,141,423 5,252,520 111,893,943 Investor Additional Amounts 0 0 0 0 0 Total 66,780,585 100,045,279 102,125,833 38,207,465 813,919,716 Reallocated Investor Finance Charge Collections NA NA NA NA NA Investment Funding Account Proceeds 200,875 Available Excess 0 0 200,875 0 235,817,948
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II. Series 1996-1 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 1,472,108,132 1,000,000,000 472,108,132 Adjusted Invested Amount at 12/25/99 N/A 1,000,000,000 N/A Collections of Finance Chg. Receivables 265,377,701 212,165,287 53,212,415 Collections of Principal Receivables 1,606,266,109 1,283,190,768 323,075,340 Defaulted Amount 72,258,308 57,686,172 14,572,136 Invested / Transferor Amounts at 12/25/00 1,258,876,537 1,000,000,000 258,876,537 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 58,820,000 4,170,000 5,162,036 68,152,036 Investor Default Amount 49,898,538 3,461,170 4,326,463 57,686,172 Investor Monthly Fees Due 17,300,000 1,200,000 1,500,000 20,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 126,018,538 8,831,170 10,988,499 145,838,208 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 865,000,000 60,000,000 75,000,000 1,000,000,000 Interest Distributions 58,820,000 4,170,000 5,162,036 68,152,036 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 58,820,000 4,170,000 5,162,036 68,152,036 Certificates Balance at 12/25/00 865,000,000 60,000,000 75,000,000 1,000,000,000
- 4 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 68.00 2. Amount in respect of Class A Monthly Interest $ 68.00 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 69.50 2. Amount in respect of Class B Monthly Interest $ 69.50 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 5 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 5,162,036.46 2. Amount distributed in respect of Collateral Monthly Interest: $ 5,162,036.46 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1996-1: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1996-1: $ 0.00 - 6 -
III. Series 1997-1 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 1,472,108,132 1,000,000,000 472,108,132 Adjusted Invested Amount at 12/25/99 N/A 1,000,000,000 N/A Collections of Finance Chg. Receivables 265,377,701 212,165,287 53,212,415 Collections of Principal Receivables 1,606,266,109 1,283,190,768 323,075,340 Defaulted Amount 72,258,308 57,686,172 14,572,136 Invested / Transferor Amounts at 12/25/00 1,258,876,537 1,000,000,000 258,876,537 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 55,360,000 3,930,000 5,143,078 64,433,078 Investor Default Amount 49,898,538 3,461,170 4,326,463 57,686,172 Investor Monthly Fees Due 17,300,000 1,200,000 1,500,000 20,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 122,558,538 8,591,170 10,969,541 142,119,250 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 865,000,000 60,000,000 75,000,000 1,000,000,000 Interest Distributions 55,360,000 3,930,000 5,143,078 64,433,078 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 55,360,000 3,930,000 5,143,078 64,433,078 Certificates Balance at 12/25/00 865,000,000 60,000,000 75,000,000 1,000,000,000
- 7 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 64.00 2. Amount in respect of Class A Monthly Interest $ 64.00 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 65.50 2. Amount in respect of Class B Monthly Interest $ 65.50 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 8 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 5,143,078.13 2. Amount distributed in respect of Collateral Monthly Interest: $ 5,143,078.13 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1997-1: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1997-1: $ 0.00 - 9 -
IV. Series 1998-1 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ------------ --------------- ----------- Invested /Transferor Amount at 12/25/99 1,472,108,132 1,000,000,000 472,108,132 Adjusted Invested Amount at 12/25/99 N/A 1,000,000,000 N/A Collections of Finance Chg. Receivables 265,377,701 212,165,287 53,212,415 Collections of Principal Receivables 1,606,266,109 1,283,190,768 323,075,340 Defaulted Amount 72,258,308 57,686,172 14,572,136 Invested / Transferor Amounts at 12/25/00 1,258,876,537 1,000,000,000 258,876,537 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 54,196,484 5,384,839 6,730,691 66,312,014 Investor Default Amount 47,591,092 4,614,894 5,480,186 57,686,172 Investor Monthly Fees Due 16,500,000 1,600,000 1,900,000 20,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 118,287,576 11,599,733 14,110,877 143,998,186 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 825,000,000 80,000,000 95,000,000 1,000,000,000 Interest Distributions 54,196,484 5,384,839 6,730,691 66,312,014 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 54,196,484 5,384,839 6,730,691 66,312,014 Certificates Balance at 12/25/00 825,000,000 80,000,000 95,000,000 1,000,000,000
- 10 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 65.69 2. Amount in respect of Class A Monthly Interest $ 65.69 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 67.31 2. Amount in respect of Class B Monthly Interest $ 67.31 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 11 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 6,730,690.63 2. Amount distributed in respect of Collateral Monthly Interest: $ 6,730,690.63 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1998-1: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1998-1: $ 0.00 - 12 -
V. Series 1999-1 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 1,472,108,132 1,000,000,000 472,108,132 Adjusted Invested Amount at 12/25/99 N/A 1,000,000,000 N/A Collections of Finance Chg. Receivables 265,377,701 212,165,287 53,212,415 Collections of Principal Receivables 1,606,266,109 1,283,190,768 323,075,340 Defaulted Amount 72,258,308 57,686,172 14,572,136 Invested / Transferor Amounts at 12/25/00 1,258,876,537 1,000,000,000 258,876,537 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 48,440,000 3,510,000 5,503,286 57,453,286 Investor Default Amount 49,898,538 3,461,170 4,326,463 57,686,172 Investor Monthly Fees Due 17,300,000 1,200,000 1,500,000 20,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 115,638,538 8,171,170 11,329,749 135,139,458 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 865,000,000 60,000,000 75,000,000 1,000,000,000 Interest Distributions 48,440,000 3,510,000 5,503,286 57,453,286 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 48,440,000 3,510,000 5,503,286 57,453,286 Certificates Balance at 12/25/00 865,000,000 60,000,000 75,000,000 1,000,000,000
- 13 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 56.00 2. Amount in respect of Class A Monthly Interest $ 56.00 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 58.50 2. Amount in respect of Class B Monthly Interest $ 58.50 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 14 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 5,503,286.46 2. Amount distributed in respect of Collateral Monthly Interest: $ 5,503,286.46 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1999-1: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1999-1: $ 0.00 - 15 -
VI. Series 1999-2 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 736,054,066 500,000,000 236,054,066 Adjusted Invested Amount at 12/25/99 N/A 500,000,000 N/A Collections of Finance Chg. Receivables 132,688,851 106,082,643 26,606,207 Collections of Principal Receivables 803,133,054 641,595,384 161,537,670 Defaulted Amount 36,129,154 28,843,086 7,286,068 Invested / Transferor Amounts at 12/25/00 629,438,268 500,000,000 129,438,268 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 25,733,750 1,830,000 2,751,643 30,315,393 Investor Default Amount 24,949,269 1,730,585 2,163,231 28,843,086 Investor Monthly Fees Due 8,650,000 600,000 750,000 10,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 59,333,019 4,160,585 5,664,875 69,158,479 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 432,500,000 30,000,000 37,500,000 500,000,000 Interest Distributions 25,733,750 1,830,000 2,751,643 30,315,393 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 25,733,750 1,830,000 2,751,643 30,315,393 Certificates Balance at 12/25/00 432,500,000 30,000,000 37,500,000 500,000,000
- 16 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 59.50 2. Amount in respect of Class A Monthly Interest $ 59.50 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 61.00 2. Amount in respect of Class B Monthly Interest $ 61.00 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 17 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 2,751,643.23 2. Amount distributed in respect of Collateral Monthly Interest: $ 2,751,643.23 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1999-2: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1999-2: $ 0.00 - 18 -
VII. Series 1999-3 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 1,472,108,132 1,000,000,000 472,108,132 Adjusted Invested Amount at 12/25/99 N/A 1,000,000,000 N/A Collections of Finance Chg. Receivables 265,377,701 212,165,287 53,212,415 Collections of Principal Receivables 1,606,266,109 1,283,190,768 323,075,340 Defaulted Amount 72,258,308 57,686,172 14,572,136 Invested / Transferor Amounts at 12/25/00 1,258,876,537 1,000,000,000 258,876,537 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 54,613,568 5,457,639 6,970,830 67,042,036 Investor Default Amount 47,591,092 4,614,894 5,480,186 57,686,172 Investor Monthly Fees Due 16,500,000 1,600,000 1,900,000 20,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 118,704,659 11,672,533 14,351,016 144,728,208 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 825,000,000 80,000,000 95,000,000 1,000,000,000 Interest Distributions 54,613,568 5,457,639 6,970,830 67,042,036 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 54,613,568 5,457,639 6,970,830 67,042,036 Certificates Balance at 12/25/00 825,000,000 80,000,000 95,000,000 1,000,000,000
- 19 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 66.20 2. Amount in respect of Class A Monthly Interest $ 66.20 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 68.22 2. Amount in respect of Class B Monthly Interest $ 68.22 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 20 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 6,970,829.51 2. Amount distributed in respect of Collateral Monthly Interest: $ 6,970,829.51 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1999-3: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1999-3: $ 0.00 - 21 -
VIII. Series 1999-4 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 736,054,066 500,000,000 236,054,066 Adjusted Invested Amount at 12/25/99 N/A 500,000,000 N/A Collections of Finance Chg. Receivables 132,688,851 106,082,643 26,606,207 Collections of Principal Receivables 803,133,054 641,595,384 161,537,670 Defaulted Amount 36,129,154 28,843,086 7,286,068 Invested / Transferor Amounts at 12/25/00 629,438,268 500,000,000 129,438,268 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 27,431,909 2,761,175 3,461,401 33,654,485 Investor Default Amount 23,795,546 2,307,447 2,740,093 28,843,086 Investor Monthly Fees Due 8,250,000 800,000 950,000 10,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 59,477,455 5,868,622 7,151,494 72,497,571 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 412,500,000 40,000,000 47,500,000 500,000,000 Interest Distributions 27,431,909 2,761,175 3,461,401 33,654,485 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 27,431,909 2,761,175 3,461,401 33,654,485 Certificates Balance at 12/25/00 412,500,000 40,000,000 47,500,000 500,000,000
- 22 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 66.50 2. Amount in respect of Class A Monthly Interest $ 66.50 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 69.03 2. Amount in respect of Class B Monthly Interest $ 69.03 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 23 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 3,461,400.87 2. Amount distributed in respect of Collateral Monthly Interest: $ 3,461,400.87 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1999-4: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1999-4: $ 0.00 - 24 -
IX. Series 1999-5 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 736,054,066 500,000,000 236,054,066 Adjusted Invested Amount at 12/25/99 N/A 500,000,000 N/A Collections of Finance Chg. Receivables 132,688,851 106,082,643 26,606,207 Collections of Principal Receivables 803,133,054 641,595,384 161,537,670 Defaulted Amount 36,129,154 28,843,086 7,286,068 Invested / Transferor Amounts at 12/25/00 629,438,268 500,000,000 129,438,268 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 27,723,867 2,785,442 3,509,429 34,018,738 Investor Default Amount 23,795,546 2,307,447 2,740,093 28,843,086 Investor Monthly Fees Due 8,250,000 800,000 950,000 10,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 59,769,413 5,892,889 7,199,522 72,861,823 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 412,500,000 40,000,000 47,500,000 500,000,000 Interest Distributions 27,723,867 2,785,442 3,509,429 34,018,738 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 27,723,867 2,785,442 3,509,429 34,018,738 Certificates Balance at 12/25/00 412,500,000 40,000,000 47,500,000 500,000,000
- 25 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 67.21 2. Amount in respect of Class A Monthly Interest $ 67.21 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 69.64 2. Amount in respect of Class B Monthly Interest $ 69.64 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 26 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 3,509,428.65 2. Amount distributed in respect of Collateral Monthly Interest: $ 3,509,428.65 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1999-5: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1999-5: $ 0.00 - 27 -
X. Series 1999-6 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 736,054,066 500,000,000 236,054,066 Adjusted Invested Amount at 12/25/99 N/A 500,000,000 N/A Collections of Finance Chg. Receivables 132,688,851 106,082,643 26,606,207 Collections of Principal Receivables 803,133,054 641,595,384 161,537,670 Defaulted Amount 36,129,154 28,843,086 7,286,068 Invested / Transferor Amounts at 12/25/00 629,438,268 500,000,000 129,438,268 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 27,557,034 2,765,219 3,509,429 33,831,682 Investor Default Amount 23,795,546 2,307,447 2,740,093 28,843,086 Investor Monthly Fees Due 8,250,000 800,000 950,000 10,000,000 Investor Additional Amounts Due 0 0 0 0 Total Due 59,602,580 5,872,666 7,199,522 72,674,768 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 412,500,000 40,000,000 47,500,000 500,000,000 Interest Distributions 27,557,034 2,765,219 3,509,429 33,831,682 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 27,557,034 2,765,219 3,509,429 33,831,682 Certificates Balance at 12/25/00 412,500,000 40,000,000 47,500,000 500,000,000
- 28 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 66.80 2. Amount in respect of Class A Monthly Interest $ 66.80 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 69.13 2. Amount in respect of Class B Monthly Interest $ 69.13 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 29 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 3,509,428.65 2. Amount distributed in respect of Collateral Monthly Interest: $ 3,509,428.65 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 1999-6: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 1999-6: $ 0.00 - 30 -
XI. Series 2000-1 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 643,313,903 500,000,000 143,313,903 Adjusted Invested Amount at 12/25/99 N/A 500,000,000 N/A Collections of Finance Chg. Receivables 120,957,271 98,113,405 22,843,865 Collections of Principal Receivables 736,558,970 596,371,747 140,187,223 Defaulted Amount 32,528,889 26,397,434 6,131,456 Invested / Transferor Amounts at 12/25/00 629,438,268 500,000,000 129,438,268 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 28,372,000 2,022,667 2,563,936 32,958,603 Investor Default Amount 22,833,780 1,583,846 1,979,808 26,397,434 Investor Monthly Fees Due 7,929,167 550,000 687,500 9,166,667 Investor Additional Amounts Due 0 0 0 0 Total Due 59,134,947 4,156,513 5,231,244 68,522,703 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 432,500,000 30,000,000 37,500,000 500,000,000 Interest Distributions 28,372,000 2,022,667 2,563,936 32,958,603 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 28,372,000 2,022,667 2,563,936 32,958,603 Certificates Balance at 12/25/00 432,500,000 30,000,000 37,500,000 500,000,000
- 31 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 65.60 2. Amount in respect of Class A Monthly Interest $ 65.60 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 67.42 2. Amount in respect of Class B Monthly Interest $ 67.42 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 32 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 2,563,936.20 2. Amount distributed in respect of Collateral Monthly Interest: $ 2,563,936.20 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 2000-1: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 2000-1: $ 0.00 - 33 -
XII. Series 2000-2 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 643,313,903 500,000,000 143,313,903 Adjusted Invested Amount at 12/25/99 N/A 500,000,000 N/A Collections of Finance Chg. Receivables 120,957,271 98,113,405 22,843,865 Collections of Principal Receivables 736,558,970 596,371,747 140,187,223 Defaulted Amount 32,528,889 26,397,434 6,131,456 Invested / Transferor Amounts at 12/25/00 629,438,268 500,000,000 129,438,268 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 25,428,763 2,534,681 3,253,041 31,216,484 Investor Default Amount 21,777,883 2,111,795 2,507,756 26,397,434 Investor Monthly Fees Due 7,562,500 733,333 870,833 9,166,667 Investor Additional Amounts Due 0 0 0 0 Total Due 54,769,146 5,379,809 6,631,630 66,780,585 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 412,500,000 40,000,000 47,500,000 500,000,000 Interest Distributions 25,428,763 2,534,681 3,253,041 31,216,484 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 25,428,763 2,534,681 3,253,041 31,216,484 Certificates Balance at 12/25/00 412,500,000 40,000,000 47,500,000 500,000,000
- 34 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 61.65 2. Amount in respect of Class A Monthly Interest $ 61.65 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 63.37 2. Amount in respect of Class B Monthly Interest $ 63.37 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 35 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 3,253,040.80 2. Amount distributed in respect of Collateral Monthly Interest: $ 3,253,040.80 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 2000-2: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 2000-2: $ 0.00 - 36 -
XIII. Series 2000-3 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 1,262,730,089 1,000,000,000 262,730,089 Adjusted Invested Amount at 12/25/99 N/A 1,000,000,000 N/A Collections of Finance Chg. Receivables 177,706,709 145,492,015 32,214,694 Collections of Principal Receivables 1,122,578,681 915,690,189 206,888,492 Defaulted Amount 46,151,665 37,857,140 8,294,524 Invested / Transferor Amounts at 12/25/00 1,258,876,537 1,000,000,000 258,876,537 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 39,855,865 3,973,744 5,025,197 48,854,806 Investor Default Amount 31,232,141 3,028,571 3,596,428 37,857,140 Investor Monthly Fees Due 11,000,000 1,066,667 1,266,667 13,333,333 Investor Additional Amounts Due 0 0 0 0 Total Due 82,088,005 8,068,982 9,888,292 100,045,279 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 825,000,000 80,000,000 95,000,000 1,000,000,000 Interest Distributions 39,855,865 3,973,744 5,025,197 48,854,806 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 39,855,865 3,973,744 5,025,197 48,854,806 Certificates Balance at 12/25/00 825,000,000 80,000,000 95,000,000 1,000,000,000
- 37 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 48.31 2. Amount in respect of Class A Monthly Interest $ 48.31 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 49.67 2. Amount in respect of Class B Monthly Interest $ 49.67 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 38 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 5,025,196.53 2. Amount distributed in respect of Collateral Monthly Interest: $ 5,025,196.53 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 2000-3: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 2000-3: $ 0.00 - 39 -
XIV. Series 2000-4 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 1,361,536,782 1,212,122,000 149,414,782 Adjusted Invested Amount at 12/25/99 NA 1,212,122,000 NA Collections of Finance Chg. Receivables 189,085,954 155,513,310 33,572,644 Collections of Principal Receivables 1,215,637,308 995,046,184 220,591,124 Defaulted Amount 48,113,563 39,688,298 8,425,265 Invested / Transferor Amounts at 12/25/00 1,525,911,946 1,212,122,000 313,789,946 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 39,370,174 3,339,136 4,982,151 47,691,461 Investor Default Amount 32,742,824 3,175,072 3,770,402 39,688,298 Investor Monthly Fees Due 11,666,667 1,131,317 1,343,440 14,141,423 Investor Additional Amounts Due 0 0 0 0 Total Due 83,779,665 7,645,524 10,095,993 101,521,182 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 1,000,000,000 96,970,000 115,152,000 1,212,122,000 Interest Distributions 39,370,174 3,943,787 4,982,151 48,296,112 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 43,739,549 4,380,818 4,982,151 48,296,112 Certificates Balance at 12/25/00 1,000,000,000 96,970,000 115,152,000 1,212,122,000
- 40 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 39.37 2. Amount in respect of Class A Monthly Interest $ 39.37 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 40.67 2. Amount in respect of Class B Monthly Interest $ 40.67 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 41 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 4,982,151.24 2. Amount distributed in respect of Collateral Monthly Interest: $ 4,982,151.24 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 2000-4: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 2000-4: $ 0.00 - 42 -
XV. Series 2000-5 Certificates - ------------------------------------------------------------------------------------------------------------------------------------ Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Invested /Transferor Amount at 12/25/99 980,360,539 787,878,000 192,482,539 Adjusted Invested Amount at 12/25/99 N/A 787,878,000 N/A Collections of Finance Chg. Receivables 72,909,057 59,133,616 13,775,441 Collections of Principal Receivables 486,418,946 394,494,379 91,924,566 Defaulted Amount 17,828,077 14,460,423 3,367,653 Invested / Transferor Amounts at 12/25/00 991,841,128 787,878,000 203,963,128 - ------------------------------------------------------------------------------------------------------------------------------------ Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Monthly Interest Due 15,065,561 1,512,580 1,916,380 18,494,521 Outstanding Monthly Interest Due 0 0 0 0 Additional Interest Due 0 0 0 0 Total Interest Due 15,065,561 1,512,580 1,916,380 18,494,521 Investor Default Amount 11,929,861 1,156,829 1,373,733 14,460,423 Investor Monthly Fees Due 4,333,333 420,200 498,987 5,252,520 Investor Additional Amounts Due 0 0 0 0 Total Due 31,328,756 3,089,610 3,789,099 38,207,465 Reallocated Investor Finance Charge Collections NA - ------------------------------------------------------------------------------------------------------------------------------------ Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Certificates Balance at 12/25/99 650,000,000 63,030,000 74,848,000 787,878,000 Interest Distributions 15,065,561 1,512,580 1,916,380 18,494,521 Principal Deposits - Prin. Funding Account 0 0 0 0 Principal Distributions 0 0 0 0 Total Distributions 15,065,561 1,512,580 1,916,380 18,494,521 Certificates Balance at 12/25/00 650,000,000 63,030,000 74,848,000 787,878,000
- 43 - D. Aggregate Distributions in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total $ 23.18 2. Amount in respect of Class A Monthly Interest $ 23.18 3. Amount in respect of Class A Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class A Additional Interest $ 0.00 5. Amount in respect of Class A Principal $ 0.00 E. Aggregate Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs. 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 F. Aggregate Distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. Total $ 24.00 2. Amount in respect of Class B Monthly Interest $ 24.00 3. Amount in respect of Class B Outstanding Monthly Interest $ 0.00 4. Amount in respect of Class B Additional Interest $ 0.00 5. Amount in respect of Class B Principal $ 0.00 G. Reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount as of December 25, 2000. 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 - 44 - 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 H. Aggregate Distributions to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $ 1,916,379.71 2. Amount distributed in respect of Collateral Monthly Interest: $ 1,916,379.71 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 as of December 25, 2000. 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 J. Aggregate Reallocated Principal Collections. 1. Reallocated Principal Collections Required to fund the Required Amount: $ 0.00 2. Shared Principal Collections from other Series allocated to Series 2000-5: N/A K. Aggregate Available Principal Collections treated as Shared Principal Collections: $ 0.00 L. Amount of Series Enhancement drawn upon and allocated to Series 2000-5: $ 0.00 - 45 - -----END PRIVACY-ENHANCED MESSAGE-----