-----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, BoAvhFl7P2bYWhpYOL5OuqNrgf9ucuCGDEsK7WL0YhTW3Y+Na58UH4DizfqZlu6g mt0sY/avHNPt5gMwnqAsaA== 0001125282-03-005620.txt : 20031015 0001125282-03-005620.hdr.sgml : 20031013 20031015105019 ACCESSION NUMBER: 0001125282-03-005620 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20031015 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20031015 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20787-01 FILM NUMBER: 03940942 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21424-04 FILM NUMBER: 03940940 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 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: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20787-07 FILM NUMBER: 03940939 BUSINESS ADDRESS: STREET 1: 6985 UNION PARK CENTER CITY: MIDVALE STATE: UT ZIP: 84047 BUSINESS PHONE: 8015655000 MAIL ADDRESS: STREET 1: 6985 UNION PARK CENTER CITY: MIDVALE STATE: UT ZIP: 84047 8-K 1 b327480_8k.txt CURRENT REPORT =============================================================================== SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) October 15, 2003 American Express Credit Account Master Trust (Issuer in respect of the Class A Series 1999-1 5.60% Asset Backed Certificates, Class B Series 1999-1 5.85% Asset Backed Certificates, Class A Series 1999-2 5.95% Asset Backed Certificates, Class B Series 1999-2 6.10% Asset Backed Certificates, Class A Series 1999-3 Floating Rate Asset Backed Certificates, Class B Series 1999-3 Floating Rate Asset Backed Certificates, Class A Series 1999-5 Floating Rate Asset Backed Certificates, Class B Series 1999-5 Floating Rate Asset Backed Certificates, Class A Series 2000-1 7.20% Asset Backed Certificates, Class B Series 2000-1 7.40% Asset Backed Certificates, Class A Series 2000-2 Floating Rate Asset Backed Certificates, Class B Series 2000-2 Floating Rate Asset Backed Certificates, Class A Series 2000-3 Floating Rate Asset Backed Certificates, Class B Series 2000-3 Floating Rate Asset Backed Certificates, Class A Series 2000-4 Floating Rate Asset Backed Certificates, Class B Series 2000-4 Floating Rate Asset Backed Certificates, Class A Series 2000-5 Floating Rate Asset Backed Certificates, Class B Series 2000-5 Floating Rate Asset Backed Certificates, Class A Series 2001-1 Floating Rate Asset Backed Certificates, Class B Series 2001-1 Floating Rate Asset Backed Certificates, Class A Series 2001-2 5.53% Asset Backed Certificates, Class B Series 2001-2 5.83% Asset Backed Certificates, Class A Series 2001-3 Floating Rate Asset Backed Certificates, Class B Series 2001-3 Floating Rate Asset Backed Certificates, Class A Series 2001-4 Floating Rate Asset Backed Certificates, Class B Series 2001-4 Floating Rate Asset Backed Certificates, Class A Series 2001-5 Floating Rate Asset Backed Certificates, Class B Series 2001-5 Floating Rate Asset Backed Certificates, Class A Series 2001-6 Floating Rate Asset Backed Certificates, Class B Series 2001-6 Floating Rate Asset Backed Certificates, Class A Series 2001-7 Floating Rate Asset Backed Certificates, Class B Series 2001-7 Floating Rate Asset Backed Certificates, Class A Series 2002-1 Floating Rate Asset Backed Certificates, Class B Series 2002-1 Floating Rate Asset Backed Certificates, Class A Series 2002-2 Floating Rate Asset Backed Certificates, Class B Series 2002-2 Floating Rate Asset Backed Certificates, Class A Series 2002-3 Floating Rate Asset Backed Certificates, Class B Series 2002-3 Floating Rate Asset Backed Certificates, Class A Series 2002-4 Floating Rate Asset Backed Certificates, Class B Series 2002-4 Floating Rate Asset Backed Certificates, Class A Series 2002-5 Floating Rate Asset Backed Certificates, Class B Series 2002-5 Floating Rate Asset Backed Certificates, Class A Series 2002-6 Floating Rate Asset Backed Certificates, Class B Series 2002-6 Floating Rate Asset Backed Certificates, Class A Series 2003-1 Floating Rate Asset Backed Certificates, Class B Series 2003-1 Floating Rate Asset Backed Certificates, Class A Series 2003-2 Floating Rate Asset Backed Certificates, Class B Series 2003-2 Floating Rate Asset Backed Certificates, Class A Series 2003-3 Floating Rate Asset Backed Certificates, Class B Series 2003-3 Floating Rate Asset Backed Certificates, Class A Series 2003-4 1.69% Asset Backed Certificates and Class B Series 2003-4 1.90% Asset Backed Certificates. ---------------------------------------------------------------------- American Express Centurion Bank Co-Originator of the Trust and a Transferor ------------------------------------------------------ (Exact name of registrant as specified in its charter) Utah 000-20787-01 11-2869526 - ----------------------------- -------------- ---------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification Number) 4315 South 2700 West, Salt Lake City, Utah 84184 - ------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (801) 945-3000 American Express Receivables Financing Corporation II Co-Originator of the Trust and a Transferor ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware 000-21424-04 13-3854638 - ---------------------------- -------------- ---------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification Number) 200 Vesey Street, New York, New York 10285 - -------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 640-2357 =============================================================================== Item 5. Other Events Information concerning the American Express Credit Account Master Trust (the "Trust") is contained in the Monthly Servicer's Certificate, dated as of October 7, 2003, for the Distribution Date occurring on October 15, 2003, covering activity from August 26, 2003 through September 25, 2003, and provided to the Bank of New York, as Trustee, under the Pooling and Servicing Agreement, dated as of May 16, 1996, as amended by the First Amendment to the Pooling and Servicing Agreement, (the "Agreement"), dated as of March 30, 2001. Such Monthly Servicer's Certificate is attached hereto as Exhibit 20 and is incorporated herein by reference. On April 21, 1999, the Trust issued $865,000,000 Class A Series 1999-1 5.60% Asset Backed Certificates and $60,000,000 Class B Series 1999-1 5.85% Asset Backed Certificates (the "Series 1999-1 Class A Certificates" and the "Series 1999-1 Class B Certificates", respectively, and collectively, the "Series 1999-1 Certificates"), offered pursuant to a Prospectus Supplement, dated as of April 13, 1999, to a Prospectus, dated as of April 13, 1999, and issued under theAgreement and the Series 1999-1 Supplement, dated as of April 21, 1999, to the Agreement (the "Series 1999-1 Supplement"). Interest on the Series 1999-1 Certificates accrues from April 21, 1999 and is payable on May 17, 1999, and on the fifteenth day of each month thereafter - which is a Distribution Date as described above. Principal with respect to the Series 1999-1 Class A Certificates and the Series 1999-1 Class B Certificates is scheduled to be distributed on the April 2004 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 1999-1 Supplement. On May 19, 1999, the Trust issued $432,000,000 Class A Series 1999-2 5.95% Asset Backed Certificates and $30,000,000 Class B Series 1999-2 6.10% Asset Backed Certificates (the "Series 1999-2 Class A Certificates" and the "Series 1999-2 Class B Certificates", respectively, and collectively, the "Series 1999-2 Certificates"), offered pursuant to a Prospectus Supplement, dated as of May 14, 1999, to a Prospectus, dated as of May 14, 1999, and issued under the Agreement and the Series 1999-2 Supplement, dated as of May 19, 1999, to the Agreement (the "Series 1999-2 Supplement"). Interest on the Series 1999-2 Certificates accrues from May 19, 1999 and is payable on June 15, 1999, and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 1999-2 Class A Certificates and the Series 1999-2 Class B Certificates is scheduled to be distributed on the May 2004 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 1999-2 Supplement. On May 19, 1999, the Trust issued $825,000,000 Class A Series 1999-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.14% per annum above one month LIBOR, and $80,000,000 Class Series 1999-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.34% per annum above one month LIBOR (the "Series 1999-3 Class A Certificates" and the "Series 1999-3 Class B Certificates", respectively, and collectively, the "Series 1999-3 Certificates"), offered pursuant to a Prospectus Supplement, dated as of May 14, 1999, to a Prospectus, dated as of May 14, 1999, and issued under the Agreement and the Series 1999-3 Supplement, dated as of May 19, 1999, to the Agreement (the "Series 1999-3 Supplement"). Interest on the Series 1999-3 Certificates accrues from May 19, 1999 and is payable on June 15, 1999 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 1999-3 Class A Certificates and the Series 1999-3 Class B Certificates is scheduled to be distributed on the May 2004 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 1999-3 Supplement. On August 17, 1999, the Trust issued $412,500,000 Class A Series 1999-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.24% per annum above one month LIBOR, and $40,000,000 Class B Series 1999-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.48% per annum above one month LIBOR (the "Series 1999-5 Class A Certificates" and the "Series 1999-5 Class B Certificates", respectively, and collectively, the "Series 1999-5 Certificates"), offered pursuant to a Prospectus Supplement, dated as of August 9, 1999, to a Prospectus, dated as of August 9, 1999, and issued under the Agreement and the Series 1999-5 Supplement, dated as of August 17, 1999, to the Agreement (the "Series 1999-5 Supplement"). Interest on the Series 1999-5 Certificates accrues from August 17, 1999 and is payable on September 15, 1999 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 1999-5 Class A Certificates and the Series 1999-5 Class B Certificates is scheduled to be distributed on the July 2004 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 1999-5 Supplement. On February 16, 2000, the Trust issued $432,500,000 Class A Series 2000-1 7.20% Asset Backed Certificates and $30,000,000 Class B Series 2000-1 7.40% Asset Backed Certificates (the "Series 2000-1 Class A Certificates" and the "Series 2000-1 Class B Certificates", respectively, and collectively, the "Series 2000-1 Certificates"), offered pursuant to a Prospectus Supplement, dated as of February 8, 2000, to a Prospectus, dated as of February 8, 2000, and issued under the Agreement and the Series 2000-1 Supplement, dated as of February 16, 2000, to the Agreement (the "Series 2000-1 Supplement"). Interest on the Series 2000-1 Certificates accrues from February 16, 2000 and is payable on March 15, 2000, and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2000-1 Class A Certificates and the Series 2000-1 Class B Certificates is scheduled to be distributed on the February 2005 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2000-1 Supplement. On February 16, 2000, the Trust issued $412,500,000 Class A Series 2000-2 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.165% per annum above one month LIBOR, and $40,000,000 Class B Series 2000-2 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.350% per annum above one month LIBOR (the "Series 2000-2 Class A Certificates" and the "Series 2000-2 Class B Certificates", respectively, and collectively, the "Series 2000-2 Certificates"), offered pursuant to a Prospectus Supplement, dated as of February 8, 2000, to a Prospectus, dated as of February 8, 2000, and issued under the Agreement and the Series 2000-2 Supplement, dated as of February 16, 2000, to the Agreement (the "Series 2000-2 Supplement"). Interest on the Series 2000-2 Certificates accrues from February 16, 2000 and is payable on March 15, 2000 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2000-2 Class A Certificates and the Series 2000-2 Class B Certificates is scheduled to be distributed on the February 2005 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2000-2 Supplement. On May 3, 2000, the Trust issued $825,000,000 Class A Series 2000-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.16% per annum above one month LIBOR, and $80,000,000 Class B Series 2000-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.35% per annum above one month LIBOR (the "Series 2000-3 Class A Certificates" and the "Series 2000-3 Class B Certificates", respectively, and collectively, the "Series 2000-3 Certificates"), offered pursuant to a Prospectus Supplement, dated as of April 27, 2000, to a Prospectus, dated as of April 27, 2000, and issued under the Agreement and the Series 2000-3 Supplement, dated as of May 3, 2000, to the Agreement (the "Series 2000-3 Supplement"). Interest on the Series 2000-3 Certificates accrues from May 3, 2000 and is payable on June 15, 2000 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2000-3 Class A Certificates and the Series 2000-3 Class B Certificates is scheduled to be distributed on the April 15, 2005 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2000-3 Supplement. On June 22, 2000, the Trust issued $1,000,000,000 Class A Series 2000-4 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.125% per annum above three-month LIBOR, and $96,970,000 Class B Series 2000-4 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.350% per annum above three-month LIBOR (the "Series 2000-4 Class A Certificates" and the "Series 2000-4 Class B Certificates", respectively, and collectively, the "Series 2000-4 Certificates"), offered pursuant to a Prospectus Supplement, dated as of June 13, 2000, to a Prospectus, dated as of June 13, 2000, and issued under the Agreement and the Series 2000-4 Supplement, dated as of June 22, 2000, to the Agreement (the "Series 2000-4 Supplement"). Interest on the Series 2000-4 Certificates accrues from June 22, 2000 and is payable on September 15, 2000 and on the fifteenth day of each March, June, September and December - which are the Distribution Dates as described above. Principal with respect to the Series 2000-4 Class A Certificates and the Series 2000-4 Class B Certificates is scheduled to be distributed on the September 15, 2005 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2000-4 Supplement. On September 15, 2000, the Trust issued $650,000,000 Class A Series 2000-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.140% per annum above one month LIBOR, and $63,030,000 Class B Series 2000-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.380% per annum above one month LIBOR (the "Series 2000-5 Class A Certificates" and the "Series 2000-5 Class B Certificates", respectively, and collectively, the "Series 2000-5 Certificates"), offered pursuant to a Prospectus Supplement, dated as of September 8, 2000, to a Prospectus, dated as of September 8, 2000, and issued under the Agreement and the Series 2000-5 Supplement, dated as of September 15, 2000, to the Agreement (the "Series 2000-5 Supplement"). Interest on the Series 2000-5 Certificates accrues from September 15, 2000 and is payable on October 16, 2000 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2000-5 Class A Certificates and the Series 2000-5 Class B Certificates is scheduled to be distributed on the September 15, 2005 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2000-5 Supplement. On February 23, 2001, the Trust issued $618,750,000 Class A Series 2001-1 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.14% per annum above one month LIBOR, and $60,000,000 Class B Series 2001-1 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.42% per annum above one month LIBOR (the "Series 2001-1 Class A Certificates" and the "Series 2001-1 Class B Certificates", respectively, and collectively, the "Series 2001-1 Certificates"), offered pursuant to a Prospectus Supplement, dated as of February 13, 2001, to a Prospectus, dated as of February 13, 2001, and issued under the Agreement and the Series 2001-1 Supplement, dated as of February 16, 2001, to the Agreement (the "Series 2001-1 Supplement"). Interest on the Series 2001-1 Certificates accrues from February 23, 2001 and is payable on April 16, 2001 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2001-1 Class A Certificates and the Series 2001-1 Class B Certificates is scheduled to be distributed on the February 16, 2006 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2001-1 Supplement. On March 23, 2001, the Trust issued $216,250,000 Class A Series 2001-2 5.53% Asset Backed Certificates and $15,000,000 Class B Series 2001-2 5.83% Asset Backed Certificates (the "Series 2001-2 Class A Certificates" and the "Series 2001-2 Class B Certificates", respectively, and collectively, the "Series 2001-2 Certificates"), offered pursuant to a Prospectus Supplement, dated as of March 15, 2001, to a Prospectus, dated as of March 15, 2001, and issued under the Agreement and the Series 2001-2 Supplement, dated as of March 23, 2001, to the Agreement (the "Series 2001-2 Supplement"). Interest on the Series 2001-2 Certificates accrues from March 23, 2001 and is payable on April 16, 2001 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2001-2 Class A Certificates and the Series 2001-2 Class B Certificates is scheduled to be distributed on the March 15, 2006 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2001-2 Supplement. On April 3, 2001, the Trust issued $618,750,000 Class A Series 2001-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.13% per annum above one month LIBOR, and $60,000,000 Class B Series 2001-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.38% per annum above one month LIBOR (the "Series 2001-3 Class A Certificates" and the "Series 2001-3 Class B Certificates", respectively, and collectively, the "Series 2001-3 Certificates"), offered pursuant to a Prospectus Supplement, dated as of March 15, 2001, to a Prospectus, dated as of March 15, 2001, and issued under the Agreement and the Series 2001-3 Supplement, dated as of April 3, 2001, to the Agreement (the "Series 2001-3 Supplement"). Interest on the Series 2001-3 Certificates accrues from April 3, 2001 and is payable on May 15, 2001 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2001-3 Class A Certificates and the Series 2001-3 Class B Certificates is scheduled to be distributed on the March 15, 2006 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2001-3 Supplement. On April 19, 2001, the Trust issued $598,125,000 Class A Series 2001-4 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.13% per annum above one month LIBOR, and $58,000,000 Class B Series 2001-4 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.38% per annum above one month LIBOR (the "Series 2001-4 Class A Certificates" and the "Series 2001-4 Class B Certificates", respectively, and collectively, the "Series 2001-4 Certificates"), offered pursuant to a Prospectus Supplement, dated as of April 12, 2001, to a Prospectus, dated as of April 12, 2001, and issued under the Agreement and the Series 2001-4 Supplement, dated as of April 19, 2001, to the Agreement (the "Series 2001-4 Supplement"). Interest on the Series 2001-4 Certificates accrues from April 19, 2001 and is payable on May 15, 2001 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2001-4 Class A Certificates and the Series 2001-4 Class B Certificates is scheduled to be distributed on the April 17, 2006 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2001-4 Supplement. On May 9, 2001, the Trust issued $412,500,000 Class A Series 2001-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.18% per annum above one month LIBOR, and $40,000,000 Class B Series 2001-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.45% per annum above one month LIBOR (the "Series 2001-5 Class A Certificates" and the "Series 2001-5 Class B Certificates", respectively, and collectively, the "Series 2001-5 Certificates"), offered pursuant to a Prospectus Supplement, dated as of May 3, 2001, to a Prospectus, dated as of May 3, 2001, and issued under the Agreement and the Series 2001-5 Supplement, dated as of May 9, 2001, to the Agreement (the "Series 2001-5 Supplement"). Interest on the Series 2001-5 Certificates accrues from May 9, 2001 and is payable on June 15, 2001 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2001-5 Class A Certificates and the Series 2001-5 Class B Certificates is scheduled to be distributed on the April 15, 2008 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2001-5 Supplement. On June 12, 2001, the Trust issued $577,500,000 Class A Series 2001-6 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.12% per annum above one month LIBOR, and $56,000,000 Class B Series 2001-6 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.35% per annum above one month LIBOR (the "Series 2001-6 Class A Certificates" and the "Series 2001-6 Class B Certificates", respectively, and collectively, the "Series 2001-6 Certificates"), offered pursuant to a Prospectus Supplement, dated as of June 6, 2001, to a Prospectus, dated as of June 6, 2001, and issued under the Agreement and the Series 2001-6 Supplement, dated as of June 12, 2001, to the Agreement (the "Series 2001-6 Supplement"). Interest on the Series 2001-6 Certificates accrues from June 12, 2001 and is payable on July 16, 2001 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2001-6 Class A Certificates and the Series 2001-6 Class B Certificates is scheduled to be distributed on the May 15, 2006 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2001-6 Supplement. On August 21, 2001, the Trust issued $536,250,000 Class A Series 2001-7 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.12% per annum above one month LIBOR, and $52,000,000 Class B Series 2001-7 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.36% per annum above one month LIBOR (the "Series 2001-7 Class A Certificates" and the "Series 2001-7 Class B Certificates", respectively, and collectively, the "Series 2001-7 Certificates"), offered pursuant to a Prospectus Supplement, dated as of August 15, 2001, to a Prospectus, dated as of August 15, 2001, and issued under the Agreement and the Series 2001-7 Supplement, dated as of August 21, 2001, to the Agreement (the "Series 2001-7 Supplement"). Interest on the Series 2001-7 Certificates accrues from August 21, 2001 and is payable on September 17, 2001 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2001-7 Class A Certificates and the Series 2001-7 Class B Certificates is scheduled to be distributed on the July 17, 2006 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2001-7 Supplement. On February 21, 2002, the Trust issued $759,000,000 Class A Series 2002-1 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.11% per annum above one month LIBOR, and $73,600,000 Class B Series 2002-1 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.40% per annum above one month LIBOR (the "Series 2002-1 Class A Certificates" and the "Series 2002-1 Class B Certificates", respectively, and collectively, the "Series 2002-1 Certificates"), offered pursuant to a Prospectus Supplement, dated as of February 13, 2002, to a Prospectus, dated as of February 13, 2002, and issued under the Agreement and the Series 2002-1 Supplement, dated as of February 21, 2002, to the Agreement (the "Series 2002-1 Supplement"). Interest on the Series 2002-1 Certificates accrues from February 21, 2002 and is payable on March 15, 2002 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2002-1 Class A Certificates and the Series 2002-1 Class B Certificates is scheduled to be distributed on the February 15, 2007 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2002-1 Supplement. On April 25, 2002, the Trust issued $775,500,000 Class A Series 2002-2 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.11% per annum above one month LIBOR, and $75,200,000 Class B Series 2002-2 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.39% per annum above one month LIBOR (the "Series 2002-2 Class A Certificates" and the "Series 2002-2 Class B Certificates", respectively, and collectively, the "Series 2002-2 Certificates"), offered pursuant to a Prospectus Supplement, dated as of April 18, 2002, to a Prospectus, dated as of April 18, 2002, and issued under the Agreement and the Series 2002-2 Supplement, dated as of April 25, 2002, to the Agreement (the "Series 2002-2 Supplement"). Interest on the Series 2002-2 Certificates accrues from April 25, 2002 and is payable on May 15, 2002 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2002-2 Class A Certificates and the Series 2002-2 Class B Certificates is scheduled to be distributed on the April 16, 2007 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2002-2 Supplement. On May 16, 2002, the Trust issued $759,000,000 Class A Series 2002-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.11% per annum above one month LIBOR, and $73,600,000 Class B Series 2002-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.38% per annum above one month LIBOR (the "Series 2002-3 Class A Certificates" and the "Series 2002-3 Class B Certificates", respectively, and collectively, the "Series 2002-3 Certificates"), offered pursuant to a Prospectus Supplement, dated as of May 13, 2002, to a Prospectus, dated as of May 13, 2002, and issued under the Agreement and the Series 2002-3 Supplement, dated as of May 16, 2002, to the Agreement (the "Series 2002-3 Supplement"). Interest on the Series 2002-3 Certificates accrues from May 16, 2002 and is payable on June 17, 2002 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2002-3 Class A Certificates and the Series 2002-3 Class B Certificates is scheduled to be distributed on the May 15, 2007 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2002-3 Supplement. On July 17, 2002, the Trust issued $412,500,000 Class A Series 2002-4 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.04% per annum above one month LIBOR, and $40,000,000 Class B Series 2002-4 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.31% per annum above one month LIBOR (the "Series 2002-4 Class A Certificates" and the "Series 2002-4 Class B Certificates", respectively, and collectively, the "Series 2002-4 Certificates"), offered pursuant to a Prospectus Supplement, dated as of July 10, 2002, to a Prospectus, dated as of July 10, 2002, and issued under the Agreement and the Series 2002-4 Supplement, dated as of July 17, 2002, to the Agreement (the "Series 2002-4 Supplement"). Interest on the Series 2002-4 Certificates accrues from July 17, 2002 and is payable on August 15, 2002 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2002-4 Class A Certificates and the Series 2002-4 Class B Certificates is scheduled to be distributed on the July 15, 2005 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2002-4 Supplement. On July 17, 2002, the Trust issued $495,000,000 Class A Series 2002-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.17% per annum above one month LIBOR, and $48,000,000 Class B Series 2002-5 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.45% per annum above one month LIBOR (the "Series 2002-5 Class A Certificates" and the "Series 2002-5 Class B Certificates", respectively, and collectively, the "Series 2002-5 Certificates"), offered pursuant to a Prospectus Supplement, dated as of July 10, 2002, to a Prospectus, dated as of July 10, 2002, and issued under the Agreement and the Series 2002-5 Supplement, dated as of July 17, 2002, to the Agreement (the "Series 2002-5 Supplement"). Interest on the Series 2002-5 Certificates accrues from July 17, 2002 and is payable on August 15, 2002 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2002-5 Class A Certificates and the Series 2002-5 Class B Certificates is scheduled to be distributed on the July 15, 2009 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2002-5 Supplement. On August 15, 2002, the Trust issued $594,000,000 Class A Series 2002-6 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.14% per annum above one month LIBOR, and $57,600,000 Class B Series 2002-6 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.45% per annum above one month LIBOR (the "Series 2002-6 Class A Certificates" and the "Series 2002-6 Class B Certificates", respectively, and collectively, the "Series 2002-6 Certificates"), offered pursuant to a Prospectus Supplement, dated as of August 8, 2002, to a Prospectus, dated as of August 8, 2002, and issued under the Agreement and the Series 2002-6 Supplement, dated as of August 15, 2002, to the Agreement (the "Series 2002-6 Supplement"). Interest on the Series 2002-6 Certificates accrues from August 15, 2002 and is payable on September 16, 2002 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2002-6 Class A Certificates and the Series 2002-6 Class B Certificates is scheduled to be distributed on the August 15, 2007 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2002-6 Supplement. On February 20, 2003, the Trust issued $759,000,000 Class A Series 2003-1 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.11% per annum above one month LIBOR, and $73,600,000 Class B Series 2003-1 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.40% per annum above one month LIBOR (the "Series 2003-1 Class A Certificates" and the "Series 2003-1 Class B Certificates", respectively, and collectively, the "Series 2003-1 Certificates"), offered pursuant to a Prospectus Supplement, dated as of February 13, 2003, to a Prospectus, dated as of February 13, 2003, and issued under the Agreement and the Series 2003-1 Supplement, dated as of February 20, 2003 to the Agreement (the "Series 2003-1 Supplement"). Interest on the Series 2003-1 Certificates accrues from February 20, 2003 and is payable on March 17, 2003 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2003-1 Class A Certificates and the Series 2003-1 Class B Certificates is scheduled to be distributed on the February 15, 2008 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2003-1 Supplement. On April 2, 2003, the Trust issued $907,500,000 Class A Series 2003-2 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.11% per annum above one month LIBOR, and $88,000,000 Class B Series 2003-2 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.37% per annum above one month LIBOR (the "Series 2003-2 Class A Certificates" and the "Series 2003-2 Class B Certificates", respectively, and collectively, the "Series 2003-2 Certificates"), offered pursuant to a Prospectus Supplement, dated as of March 26, 2003, to a Prospectus, dated as of March 26, 2003, and issued under the Agreement and the Series 2003-2 Supplement, dated as of April 2, 2003 to the Agreement (the "Series 2003-2 Supplement"). Interest on the Series 2003-2 Certificates accrues from April 2, 2003 and is payable on May 15, 2003 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2003-2 Class A Certificates and the Series 2003-2 Class B Certificates is scheduled to be distributed on the March 17, 2008 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2003-2 Supplement. On May 7, 2003, the Trust issued $618,750,000 Class A Series 2003-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.11% per annum above one month LIBOR, and $60,000,000 Class B Series 2003-3 Floating Rate Asset Backed Certificates, bearing a certificate rate of 0.35% per annum above one month LIBOR (the "Series 2003-3 Class A Certificates" and the "Series 2003-3 Class B Certificates", respectively, and collectively, the "Series 2003-3 Certificates"), offered pursuant to a Prospectus Supplement, dated as of May 1, 2003, to a Prospectus, dated as of May 1, 2003, and issued under the Agreement and the Series 2003-3 Supplement, dated as of May 7, 2003 to the Agreement (the "Series 2003-3 Supplement"). Interest on the Series 2003-3 Certificates accrues from May 7, 2003 and is payable on June 16, 2003 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2003-3 Class A Certificates and the Series 2003-3 Class B Certificates is scheduled to be distributed on the April 15, 2008 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2003-3 Supplement. On June 18, 2003, the Trust issued $588,200,000 Class A Series 2003-4 1.69% Asset Backed Certificates, and $40,800,000 Class B Series 2003-4 1.90% Asset Backed Certificates, (the "Series 2003-4 Class A Certificates" and the "Series 2003-4 Class B Certificates", respectively, and collectively, the "Series 2003-4 Certificates"), offered pursuant to a Prospectus Supplement, dated as of June 12, 2003, to a Prospectus, dated as of June 12, 2003, and issued under the Agreement and the Series 2003-4 Supplement, dated as of June 18, 2003 to the Agreement (the "Series 2003-4 Supplement"). Interest on the Series 2003-4 Certificates accrues from June 18, 2003 and is payable on July 15, 2003 and on the fifteenth day of each month thereafter - which is the Distribution Date as described above. Principal with respect to the Series 2003-4 Class A Certificates and the Series 2003-4 Class B Certificates is scheduled to be distributed on the June 15, 2006 Distribution Date, but may be paid earlier or later under certain limited circumstances as provided in the Agreement and Series 2003-4 Supplement. Item 7. Financial Statements, Pro Forma Financial Information and Exhibits. (a) Not applicable. (b) Not applicable. (c) Exhibit: 20 Series' 1999-1, 1999-2, 1999-3, 1999-5, 2000-1, 2000-2, 2000-3, 2000-4, 2000-5, 2001-1, 2001-2, 2001-3, 2001-4, 2001-5, 2001-6, 2001-7, 2002-1, 2002-2, 2002-3, 2002-4, 2002-5, 2002-6, 2003-1, 2003-2, 2003-3 and 2003-4 Monthly Servicer's Certificate, dated October 7, 2003, for the October 15, 2003 Distribution Date. SIGNATURES ---------- Pursuant to the requirements 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 on the date indicated. Dated: October 15, 2003 AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST American Express Centurion Bank, as Transferor, on behalf of AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST By: /s/ Daniel L. Follett ------------------------------------- Name: Daniel L. Follett Title: Chief Financial Officer American Express Receivables Financing Corporation II, as Transferor, on behalf of AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST By: /s/ Leslie R. Scharfstein ------------------------------------- Name: Leslie R. Scharfstein Title: Vice President EXHIBIT INDEX ------------- Designation Description - ----------- ----------- Exhibit 20 Series' 1999-1, 1999-2, 1999-3, 1999-5, 2000-1, 2000-2, 2000-3, 2000-4, 2000-5, 2001-1, 2001-2, 2001-3, 2001-4, 2001-5, 2001-6, 2001-7, 2002-1, 2002-2, 2002-3, 2002-4, 2002-5, 2002-6, 2003-1, 2003-2, 2003-3 and 2003-4 Monthly Servicer's Certificate, dated October 7, 2003, for the October 15, 2003 Distribution Date. EX-20 3 b327480_ex20.txt MONTHLY SERVICER'S CERTIFICATE MONTHLY SERVICER'S CERTIFICATE AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. ------------------------------------------------- AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST -------------------------------------------------- The undersigned, a duly authorized representative of American Express Travel Related Services Company, Inc., as Servicer ("TRS"), pursuant to the Pooling and Servicing Agreement, dated as of May 16, 1996 (as amended and supplemented, the "Agreement"), as supplemented by the Series Supplements (as amended and supplemented, the "Series Supplements"), among TRS, as Servicer, American Express 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 Certificate relates to the Distribution Date occurring on October 15, 2003 and covers activity from August 26, 2003 through September 25, 2003 . 5. As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Monthly Period preceding such Distribution Date. 6. As of the date hereof, to the best knowledge of the undersigned, no Pay Out Event occurred on or prior to such Distribution date. IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 7th day of October, 2003. AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer By: /s/ Robin Flanagan ---------------------------- Name: Robin Flanagan Title: Director CSBS - Forecast & Planning I. Monthly Period Trust Activity - ------------------------------------------------------------------------------- A. Trust Activity Trust Totals - ----------------- ------------ Number of days in period 31 Beginning Principal Receivable Balance 21,922,492,859.86 Special Funding Account Balance 0.00 Beginning Total Principal Balance 21,922,492,859.86 Finance Charge Collections (excluding 240,112,733.66 Discount Option & Recoveries) Discount Percentage 2.00% Discount Option Receivables Collections 93,300,025.01 Premium Option Receivables Collections 0.00 Recoveries 18,244,214.72 Total Collections of Finance Charge Receivables 351,656,973.39 Total Collections of Principal Receivables 4,571,701,225.55 Monthly Payment Rate 20.1812% Defaulted amount 106,991,486.61 Annualized Default Rate 5.8690% Trust Portfolio Yield 13.1406% New Principal Receivables 4,220,437,853.13 Ending Principal Receivables Balance 21,464,238,000.84 Ending Required Minimum Principal Balance 20,731,250,000.00 Ending Transferor Amount 2,089,238,000.84 Ending Special Funding Account Balance 0.00 Ending Total Principal Balance 21,464,238,000.84 - 2 -
B. Series Allocations Series 1999-1 Series 1999-2 Series 1999-3 Series 1999-5 - --------------------- ------------- ------------- ------------- ------------- Group Number 1 1 2 2 Invested Amount 1,000,000,000.00 500,000,000.00 1,000,000,000.00 500,000,000.00 Adjusted Invested Amount 1,000,000,000.00 500,000,000.00 1,000,000,000.00 500,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 Series Required Transferor Amount 70,000,000.00 35,000,000.00 70,000,000.00 35,000,000.00 Series Allocation Percentage 5.16% 2.58% 5.16% 2.58% Series Alloc. Finance Charge Collections 18,150,037.34 9,075,018.67 18,150,037.34 9,075,018.67 Series Allocable Recoveries 941,636.89 470,818.44 941,636.89 470,818.44 Series Alloc. Principal Collections 235,958,772.93 117,979,386.47 235,958,772.93 117,979,386.47 Series Allocable Defaulted Amount 5,522,141.24 2,761,070.62 5,522,141.24 2,761,070.62 B. Series Allocations Series 2000-1 Series 2000-2 Series 2000-3 Series 2000-4 Series 2000-5 - --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 1 2 2 2 2 Invested Amount 500,000,000.00 500,000,000.00 1,000,000,000.00 1,212,122,000.00 787,878,000.00 Adjusted Invested Amount 500,000,000.00 500,000,000.00 1,000,000,000.00 1,212,122,000.00 787,878,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 35,000,000.00 35,000,000.00 70,000,000.00 84,848,540.00 55,151,460.00 Series Allocation Percentage 2.58% 2.58% 5.16% 6.26% 4.07% Series Alloc. Finance Charge Collections 9,075,018.67 9,075,018.67 18,150,037.34 22,000,059.56 14,300,015.12 Series Allocable Recoveries 470,818.44 470,818.44 941,636.89 1,141,378.79 741,894.99 Series Alloc. Principal Collections 117,979,386.47 117,979,386.47 235,958,772.93 286,010,819.76 185,906,726.10 Series Allocable Defaulted Amount 2,761,070.62 2,761,070.62 5,522,141.24 6,693,508.89 4,350,773.60 B. Series Allocations Series 2001-1 Series 2001-2 Series 2001-3 Series 2001-4 Series 2001-5 \-------------------- ------------- ------------- ------------- ------------- ------------- Group Number 2 1 2 2 2 Invested Amount 750,000,000.00 250,000,000.00 750,000,000.00 725,000,000.00 500,000,000.00 Adjusted Invested Amount 750,000,000.00 250,000,000.00 750,000,000.00 725,000,000.00 500,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 52,500,000.00 17,500,000.00 52,500,000.00 50,750,000.00 35,000,000.00 Series Allocation Percentage 3.87% 1.29% 3.87% 3.74% 2.58% Series Alloc. Finance Charge Collections 13,612,528.00 4,537,509.33 13,612,528.00 13,158,777.07 9,075,018.67 Series Allocable Recoveries 706,227.67 235,409.22 706,227.67 682,686.74 470,818.44 Series Alloc. Principal Collections 176,969,079.70 58,989,693.23 176,969,079.70 171,070,110.38 117,979,386.47 Series Allocable Defaulted Amount 4,141,605.93 1,380,535.31 4,141,605.93 4,003,552.40 2,761,070.62 B. Series Allocations Series 2001-6 Series 2001-7 Series 2002-1 Series 2002-2 Series 2002-3 - --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 2 2 2 2 2 Invested Amount 700,000,000.00 650,000,000.00 920,000,000.00 940,000,000.00 920,000,000.00 Adjusted Invested Amount 700,000,000.00 650,000,000.00 920,000,000.00 940,000,000.00 920,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 49,000,000.00 45,500,000.00 64,400,000.00 65,800,000.00 64,400,000.00 Series Allocation Percentage 3.61% 3.35% 4.75% 4.85% 4.75% Series Alloc. Finance Charge Collections 12,705,026.14 11,797,524.27 16,698,034.35 17,061,035.10 16,698,034.35 Series Allocable Recoveries 659,145.82 612,063.98 866,305.94 885,138.68 866,305.94 Series Alloc. Principal Collections 165,171,141.05 153,373,202.41 217,082,071.10 221,801,246.56 217,082,071.10 Series Allocable Defaulted Amount 3,865,498.87 3,589,391.81 5,080,369.94 5,190,812.77 5,080,369.94 B. Series Allocations Series 2002-4 Series 2002-5 Series 2002-6 Series 2003-1 Series 2003-2 - --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 2 2 2 2 2 Invested Amount 500,000,000.00 600,000,000.00 720,000,000.00 920,000,000.00 1,100,000,000.00 Adjusted Invested Amount 500,000,000.00 600,000,000.00 720,000,000.00 920,000,000.00 1,100,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 35,000,000.00 42,000,000.00 50,400,000.00 64,400,000.00 77,000,000.00 Series Allocation Percentage 2.58% 3.10% 3.72% 4.75% 5.68% Series Alloc. Finance Charge Collections 9,075,018.67 10,890,022.40 13,068,026.88 16,698,034.35 19,965,041.07 Series Allocable Recoveries 470,818.44 564,982.13 677,978.56 866,305.94 1,035,800.58 Series Alloc. Principal Collections 117,979,386.47 141,575,263.76 169,890,316.51 217,082,071.10 259,554,650.22 Series Allocable Defaulted Amount 2,761,070.62 3,313,284.75 3,975,941.70 5,080,369.94 6,074,355.37
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B. Series Allocations Series 2003-3 Series 2003-4 Trust Total - --------------------- ------------- ------------- ----------- Group Number 2 1 Invested Amount 750,000,000.00 680,000,000.00 19,375,000,000.00 Adjusted Invested Amount 750,000,000.00 680,000,000.00 19,375,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 Series Required Transferor Amount 52,500,000.00 47,600,000.00 1,356,250,000.00 Series Allocation Percentage 3.87% 3.51% 100% Series Alloc. Finance Charge Collections 13,612,528.00 12,342,025.39 351,656,973.39 Series Allocable Recoveries 706,227.67 640,313.08 18,244,214.72 Series Alloc. Principal Collections 176,969,079.70 160,451,965.59 4,571,701,225.55 Series Allocable Defaulted Amount 4,141,605.93 3,755,056.05 106,991,486.61 C. Group Allocations - -------------------- 1. Group 1 Allocations Series 1999-1 Series 1999-2 Series 2000-1 - ---------------------- ------------- ------------- ------------- Investor Finance Charge Collections 16,040,920.88 8,020,460.44 8,020,460.44 Investor Monthly Interest 4,452,291.67 2,358,541.67 2,843,125.00 Investor Default Amount 4,880,443.45 2,440,221.72 2,440,221.72 Investor Monthly Fees 1,666,666.67 833,333.33 833,333.33 Investor Additional Amounts 0.00 0.00 0.00 Total 10,999,401.78 5,632,096.72 6,116,680.06 Reallocated Investor Finance Charge Collections 16,040,920.88 8,020,460.44 8,020,460.44 Available Excess 5,041,519.10 2,388,363.72 1,903,780.38 1. Group 1 Allocations Series 2001-2 Series 2003-4 Group 1 Total - ---------------------- ------------- ------------- ------------- Investor Finance Charge Collections 4,010,230.22 10,907,826.20 46,999,898.17 Investor Monthly Interest 1,100,208.33 978,831.67 11,732,998.33 Investor Default Amount 1,220,110.86 3,318,701.54 14,299,699.30 Investor Monthly Fees 416,666.67 1,133,333.33 4,883,333.33 Investor Additional Amounts 0.00 0.00 0.00 Total 2,736,985.86 5,430,866.54 30,916,030.96 Reallocated Investor Finance Charge Collections 4,010,230.22 10,907,826.20 46,999,898.17 Available Excess 1,273,244.36 5,476,959.65 16,083,867.21 2. Group 2 Allocations Series 1999-3 Series 1999-5 Series 2000-2 Series 2000-3 - ---------------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 16,040,920.88 8,020,460.44 8,020,460.44 16,040,920.88 Investor Monthly Interest 1,119,541.67 600,791.67 570,677.08 1,130,000.00 Investor Default Amount 4,880,443.45 2,440,221.72 2,440,221.72 4,880,443.45 Investor Monthly Fees 1,666,666.67 833,333.33 833,333.33 1,666,666.67 Investor Additional Amounts 0.00 0.00 0.00 0.00 Total 7,666,651.78 3,874,346.72 3,844,232.14 7,677,110.11 Reallocated Investor Finance Charge Collections 16,040,920.88 8,020,460.44 8,020,460.44 16,040,920.88 Available Excess 8,374,269.10 4,146,113.72 4,176,228.30 8,363,810.76 2. Group 2 Allocations Series 2000-4 Series 2000-5 Series 2001-1 Series 2001-3 Series 2001-4 - ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 19,443,553.10 12,638,288.66 12,030,690.66 12,030,690.66 11,629,667.64 Investor Monthly Interest 1,363,612.28 884,162.97 849,593.75 836,500.00 814,356.25 Investor Default Amount 5,915,692.87 3,845,194.02 3,660,332.58 3,660,332.58 3,538,321.50 Investor Monthly Fees 2,020,203.33 1,313,130.00 1,250,000.00 1,250,000.00 1,208,333.33 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 9,299,508.49 6,042,486.99 5,759,926.33 5,746,832.58 5,561,011.08 Reallocated Investor Finance Charge Collections 19,443,553.10 12,638,288.66 12,030,690.66 12,030,690.66 11,629,667.64 Investment Funding Account Proceeds 0.00 Available Excess 10,144,044.61 6,595,801.67 6,270,764.32 6,283,858.07 6,068,656.55
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2. Group 2 Allocations Series 2001-5 Series 2001-6 Series 2001-7 Series 2002-1 Series 2002-2 - ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 8,020,460.44 11,228,644.61 10,426,598.57 14,757,647.21 15,078,465.62 Investor Monthly Interest 585,104.17 780,062.50 724,777.08 1,029,250.00 1,047,277.50 Investor Default Amount 2,440,221.72 3,416,310.41 3,172,288.24 4,490,007.97 4,587,616.84 Investor Monthly Fees 833,333.33 1,166,666.67 1,083,333.33 1,533,333.33 1,566,666.67 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 3,858,659.22 5,363,039.58 4,980,398.66 7,052,591.30 7,201,561.01 Reallocated Investor Finance Charge Collections 8,020,460.44 11,228,644.61 10,426,598.57 14,757,647.21 15,078,465.62 Investment Funding Account Proceeds Available Excess 4,161,801.22 5,865,605.03 5,446,199.91 7,705,055.90 7,876,904.62 2. Group 2 Allocations Series 2002-3 Series 2002-4 Series 2002-5 Series 2002-6 Series 2003-1 - ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 14,757,647.21 8,020,460.44 9,624,552.53 11,549,463.03 14,757,647.21 Investor Monthly Interest 1,024,381.67 524,395.83 698,000.00 822,750.00 1,032,891.67 Investor Default Amount 4,490,007.97 2,440,221.72 2,928,266.07 3,513,919.28 4,490,007.97 Investor Monthly Fees 1,533,333.33 833,333.33 1,000,000.00 1,200,000.00 1,533,333.33 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 7,047,722.97 3,797,950.89 4,626,266.07 5,536,669.28 7,056,232.97 Reallocated Investor Finance Charge Collections 14,757,647.21 8,020,460.44 9,624,552.53 11,549,463.03 14,757,647.21 Investment Funding Account Proceeds Available Excess 7,709,924.24 4,222,509.55 4,998,286.46 6,012,793.75 7,701,414.24 2. Group 2 Allocations Series 2003-2 Series 2003-3 Group 2 Total - ---------------------- ------------- ------------- ------------- Investor Finance Charge Collections 17,645,012.96 12,030,690.66 263,792,943.82 Investor Monthly Interest 1,237,133.33 840,718.75 18,515,978.17 Investor Default Amount 5,368,487.79 3,660,332.58 80,258,892.48 Investor Monthly Fees 1,833,333.33 1,250,000.00 27,408,333.33 Investor Additional Amounts 0.00 0.00 0.00 Total 8,438,954.46 5,751,051.33 126,183,203.98 Reallocated Investor Finance Charge Collections 17,645,012.96 12,030,690.66 263,792,943.82 Investment Funding Account Proceeds 0.00 Available Excess 9,206,058.51 6,279,639.32 137,609,739.85 D. Trust Performance Delinquencies: 31-60 Days Delinquent: 257,863,982 61-90 Days Delinquent: 150,853,558 90+ Days Delinquent: 226,889,143 Total 30+ Days Delinquent: 635,606,682
- 5 -
II. Series 1999-1 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,131,483,502.44 1,000,000,000.00 131,483,502.44 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 18,150,037.34 16,040,920.88 2,109,116.46 Collections of Principal Receivables 235,958,772.93 208,539,295.91 27,419,477.02 Defaulted Amount 5,522,141.24 4,880,443.45 641,697.80 Ending Invested / Transferor Amounts 1,107,831,638.75 1,000,000,000.00 107,831,638.75 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ----------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 5.6000% 5.8500% 1.9700% Monthly Interest Due 4,036,666.67 292,500.00 123,125.00 4,452,291.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 4,036,666.67 292,500.00 123,125.00 4,452,291.67 Investor Default Amount 4,221,583.58 292,826.61 366,033.26 4,880,443.45 Investor Monthly Fees Due 1,441,666.67 100,000.00 125,000.00 1,666,666.67 Investor Additional Amounts Due Total Due 9,699,916.91 685,326.61 614,158.26 10,999,401.78 Reallocated Investor Finance Charge Collections 16,040,920.88 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 7.4447% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00 Interest Distributions 4,036,666.67 292,500.00 123,125.00 4,452,291.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 4,036,666.67 292,500.00 123,125.00 4,452,291.67 Ending Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00
- 6 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $4.67 2. Amount of the distribution in respect of Class A Monthly Interest: $4.67 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $4.88 2. Amount of the distribution in respect of Class B monthly interest: $4.88 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 7 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original ertificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $123,125.00 2. Amount distributed in respect of Collateral Monthly Interest: $123,125.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 8 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $13,875,396.56 a. Class A Monthly Interest: $4,036,666.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $4,221,583.58 e. Excess Spread: $5,617,146.31 2. Class B Available Funds: $962,455.25 a. Class B Monthly Interest: $292,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $669,955.25 3. Collateral Available Funds: $1,203,069.07 a. Excess Spread: $1,203,069.07 4. Total Excess Spread: $7,490,170.63 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 1999-1 Allocable Principal Collections: $235,958,772.93 3. Principal Allocation Percentage of Series 1999-1 Allocable Principal Collections: $208,539,295.91 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $208,539,295.91 6. Shared Principal Collections from other Series allocated to Series 1999-1: N/A 7. Other amounts Treated as Available Principal Collections: $4,880,443.45 8. Available Principal Collections (total of 5., 6. & 7.): $213,419,739.35 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $75,000,000.00 2. Required Collateral Invested Amount: $75,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $213,419,739.35 - 9 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-1 1. Excess Spread: $7,490,170.63 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $292,826.61 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $123,125.00 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $366,033.26 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $5,041,519.10 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 7.4447% b. Prior Monthly Period 7.2087% c. Second Prior Monthly Period 7.2084% 2. Three Month Average Base Rate 7.2873% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 10 -
III. Series 1999-2 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- ------------- ----------- Beginning Invested /Transferor Amount 565,741,751.22 500,000,000.00 65,741,751.22 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 9,075,018.67 8,020,460.44 1,054,558.23 Collections of Principal Receivables 117,979,386.47 104,269,647.95 13,709,738.51 Defaulted Amount 2,761,070.62 2,440,221.72 320,848.90 Ending Invested / Transferor Amounts 553,915,819.38 500,000,000.00 53,915,819.38 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 5.9500% 6.1000% 1.9700% Monthly Interest Due 2,144,479.17 152,500.00 61,562.50 2,358,541.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,144,479.17 152,500.00 61,562.50 2,358,541.67 Investor Default Amount 2,110,791.79 146,413.30 183,016.63 2,440,221.72 Investor Monthly Fees Due 720,833.33 50,000.00 62,500.00 833,333.33 Investor Additional Amounts Due Total Due 4,976,104.29 348,913.30 307,079.13 5,632,096.72 Reallocated Investor Finance Charge Collections 8,020,460.44 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 7.7669% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00 Interest Distributions 2,144,479.17 152,500.00 61,562.50 2,358,541.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,144,479.17 152,500.00 61,562.50 2,358,541.67 Ending Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00
- 11 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $4.96 2. Amount of the distribution in respect of Class A Monthly Interest: $4.96 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.08 2. Amount of the distribution in respect of Class B monthly interest: $5.08 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 12 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $61,562.50 2. Amount distributed in respect of Collateral Monthly Interest: $61,562.50 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 13 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,937,698.28 a. Class A Monthly Interest: $2,144,479.17 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,110,791.79 e. Excess Spread: $2,682,427.32 2. Class B Available Funds: $481,227.63 a. Class B Monthly Interest: $152,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $328,727.63 3. Collateral Available Funds: $601,534.53 a. Excess Spread: $601,534.53 4. Total Excess Spread: $3,612,689.48 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 1999-2 Allocable Principal Collections: $117,979,386.47 3. Principal Allocation Percentage of Series 1999-2 Allocable Principal Collections: $104,269,647.95 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $104,269,647.95 6. Shared Principal Collections from other Series allocated to Series 1999-2: N/A 7. Other amounts Treated as Available Principal Collections: $2,440,221.72 8. Available Principal Collections (total of 5., 6. & 7.): $106,709,869.68 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $37,500,000.00 2. Required Collateral Invested Amount: $37,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $106,709,869.68 - 14 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-2 1. Excess Spread: $3,612,689.48 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $146,413.30 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $61,562.50 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $183,016.63 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $2,388,363.72 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 7.7669% b. Prior Monthly Period 7.5204% c. Second Prior Monthly Period 7.5202% 2. Three Month Average Base Rate 7.6025% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 15 -
IV. Series 1999-3 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,131,483,502.44 1,000,000,000.00 131,483,502.44 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 18,150,037.34 16,040,920.88 2,109,116.46 Collections of Principal Receivables 235,958,772.93 208,539,295.91 27,419,477.02 Defaulted Amount 5,522,141.24 4,880,443.45 641,697.80 Ending Invested / Transferor Amounts 1,107,831,638.75 1,000,000,000.00 107,831,638.75 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2600% 1.4600% 1.9700% Monthly Interest Due 866,250.00 97,333.33 155,958.33 1,119,541.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 866,250.00 97,333.33 155,958.33 1,119,541.67 Investor Default Amount 4,026,365.84 390,435.48 463,642.13 4,880,443.45 Investor Monthly Fees Due 1,375,000.00 133,333.33 158,333.33 1,666,666.67 Investor Additional Amounts Due Total Due 6,267,615.84 621,102.14 777,933.79 7,666,651.78 Reallocated Investor Finance Charge Collections 16,040,920.88 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3899% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00 Interest Distributions 866,250.00 97,333.33 155,958.33 1,119,541.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 866,250.00 97,333.33 155,958.33 1,119,541.67 Ending Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00
- 16 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.05 2. Amount of the distribution in respect of Class A Monthly Interest: $1.05 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.22 2. Amount of the distribution in respect of Class B monthly interest: $1.22 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 17 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $155,958.33 2. Amount distributed in respect of Collateral Monthly Interest: $155,958.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 18 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $13,233,759.72 a. Class A Monthly Interest: $866,250.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $4,026,365.84 e. Excess Spread: $8,341,143.88 2. Class B Available Funds: $1,283,273.67 a. Class B Monthly Interest: $97,333.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,185,940.34 3. Collateral Available Funds: $1,523,887.48 a. Excess Spread: $1,523,887.48 4. Total Excess Spread: $11,050,971.70 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 1999-3 Allocable Principal Collections: $235,958,772.93 3. Principal Allocation Percentage of Series 1999-3 Allocable Principal Collections: $208,539,295.91 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $208,539,295.91 6. Shared Principal Collections from other Series allocated to Series 1999-3: N/A 7. Other amounts Treated as Available Principal Collections: $4,880,443.45 8. Available Principal Collections (total of 5., 6. & 7.): $213,419,739.35 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $95,000,000.00 2. Required Collateral Invested Amount: $95,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $213,419,739.35 - 19 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-3 1. Excess Spread: $11,050,971.70 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $390,435.48 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $155,958.33 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $463,642.13 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $8,374,269.10 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3899% b. Prior Monthly Period 3.3143% c. Second Prior Monthly Period 3.3112% 2. Three Month Average Base Rate 3.3385% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 20 -
V. Series 1999-5 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 565,741,751.22 500,000,000.00 65,741,751.22 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 9,075,018.67 8,020,460.44 1,054,558.23 Collections of Principal Receivables 117,979,386.47 104,269,647.95 13,709,738.51 Defaulted Amount 2,761,070.62 2,440,221.72 320,848.90 Ending Invested / Transferor Amounts 553,915,819.38 500,000,000.00 53,915,819.38 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.3600% 1.6000% 2.0200% Monthly Interest Due 467,500.00 53,333.33 79,958.33 600,791.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 467,500.00 53,333.33 79,958.33 600,791.67 Investor Default Amount 2,013,182.92 195,217.74 231,821.06 2,440,221.72 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Due Total Due 3,168,182.92 315,217.74 390,946.06 3,874,346.72 Reallocated Investor Finance Charge Collections 8,020,460.44 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.4897% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 467,500.00 53,333.33 79,958.33 600,791.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 467,500.00 53,333.33 79,958.33 600,791.67 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 21 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.13 2. Amount of the distribution in respect of Class A Monthly Interest: $1.13 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.33 2. Amount of the distribution in respect of Class B monthly interest: $1.33 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 22 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $79,958.33 2. Amount distributed in respect of Collateral Monthly Interest: $79,958.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 23 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,616,879.86 a. Class A Monthly Interest: $467,500.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,013,182.92 e. Excess Spread: $4,136,196.94 2. Class B Available Funds: $641,636.84 a. Class B Monthly Interest: $53,333.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $588,303.50 3. Collateral Available Funds: $761,943.74 a. Excess Spread: $761,943.74 4. Total Excess Spread: $5,486,444.18 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 1999-5 Allocable Principal Collections: $117,979,386.47 3. Principal Allocation Percentage of Series 1999-5 Allocable Principal Collections: $104,269,647.95 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $104,269,647.95 6. Shared Principal Collections from other Series allocated to Series 1999-5: N/A 7. Other amounts Treated as Available Principal Collections: $2,440,221.72 8. Available Principal Collections (total of 5., 6. & 7.): $106,709,869.68 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $47,500,000.00 2. Required Collateral Invested Amount: $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $106,709,869.68 - 24 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-5 1. Excess Spread: $5,486,444.18 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $195,217.74 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $79,958.33 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $231,821.06 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,146,113.72 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.4897% b. Prior Monthly Period 3.4142% c. Second Prior Monthly Period 3.4110% 2. Three Month Average Base Rate 3.4383% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 25 -
VI. Series 2000-1 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- ------------- ----------- Beginning Invested /Transferor Amount 565,741,751.22 500,000,000.00 65,741,751.22 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 9,075,018.67 8,020,460.44 1,054,558.23 Collections of Principal Receivables 117,979,386.47 104,269,647.95 13,709,738.51 Defaulted Amount 2,761,070.62 2,440,221.72 320,848.90 Ending Invested / Transferor Amounts 553,915,819.38 500,000,000.00 53,915,819.38 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 7.2000% 7.4000% 2.0200% Monthly Interest Due 2,595,000.00 185,000.00 63,125.00 2,843,125.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,595,000.00 185,000.00 63,125.00 2,843,125.00 Investor Default Amount 2,110,791.79 146,413.30 183,016.63 2,440,221.72 Investor Monthly Fees Due 720,833.33 50,000.00 62,500.00 833,333.33 Investor Additional Amounts Due Total Due 5,426,625.12 381,413.30 308,641.63 6,116,680.06 Reallocated Investor Finance Charge Collections 8,020,460.44 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 8.9461% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00 Interest Distributions 2,595,000.00 185,000.00 63,125.00 2,843,125.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,595,000.00 185,000.00 63,125.00 2,843,125.00 Ending Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00
- 26 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $6.00 2. Amount of the distribution in respect of Class A Monthly Interest: $6.00 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $6.17 2. Amount of the distribution in respect of Class B monthly interest: $6.17 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 27 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $63,125.00 2. Amount distributed in respect of Collateral Monthly Interest: $63,125.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 28 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,937,698.28 a. Class A Monthly Interest: $2,595,000.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,110,791.79 e. Excess Spread: $2,231,906.49 2. Class B Available Funds: $481,227.63 a. Class B Monthly Interest: $185,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $296,227.63 3. Collateral Available Funds: $601,534.53 a. Excess Spread: $601,534.53 4. Total Excess Spread: $3,129,668.65 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2000-1 Allocable Principal Collections: $117,979,386.47 3. Principal Allocation Percentage of Series 2000-1 Allocable Principal Collections: $104,269,647.95 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $104,269,647.95 6. Shared Principal Collections from other Series allocated to Series 2000-1: N/A 7. Other amounts Treated as Available Principal Collections: $2,440,221.72 8. Available Principal Collections (total of 5., 6. & 7.): $106,709,869.68 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $37,500,000.00 2. Required Collateral Invested Amount: $37,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $106,709,869.68 - 29 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-1 1. Excess Spread: $3,129,668.65 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $146,413.30 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $63,125.00 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $183,016.63 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $1,903,780.38 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.9460% b. Prior Monthly Period 8.6617% c. Second Prior Monthly Period 8.6614% 2. Three Month Average Base Rate 8.7564% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 30 -
VII. Series 2000-2 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 565,741,751.22 500,000,000.00 65,741,751.22 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 9,075,018.67 8,020,460.44 1,054,558.23 Collections of Principal Receivables 117,979,386.47 104,269,647.95 13,709,738.51 Defaulted Amount 2,761,070.62 2,440,221.72 320,848.90 Ending Invested / Transferor Amounts 553,915,819.38 500,000,000.00 53,915,819.38 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2850% 1.4700% 2.0200% Monthly Interest Due 441,718.75 49,000.00 79,958.33 570,677.08 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 441,718.75 49,000.00 79,958.33 570,677.08 Investor Default Amount 2,013,182.92 195,217.74 231,821.06 2,440,221.72 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Due Total Due 3,142,401.67 310,884.40 390,946.06 3,844,232.14 Reallocated Investor Finance Charge Collections 8,020,460.44 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.4164% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 441,718.75 49,000.00 79,958.33 570,677.08 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 441,718.75 49,000.00 79,958.33 570,677.08 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 31 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.07 2. Amount of the distribution in respect of Class A Monthly Interest: $1.07 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.23 2. Amount of the distribution in respect of Class B monthly interest: $1.23 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 32 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $79,958.33 2. Amount distributed in respect of Collateral Monthly Interest: $79,958.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 33 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,616,879.86 a. Class A Monthly Interest: $441,718.75 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,013,182.92 e. Excess Spread: $4,161,978.19 2. Class B Available Funds: $641,636.84 a. Class B Monthly Interest: $49,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $592,636.84 3. Collateral Available Funds: $761,943.74 a. Excess Spread: $761,943.74 4. Total Excess Spread: $5,516,558.77 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2000-2 Allocable Principal Collections: $117,979,386.47 3. Principal Allocation Percentage of Series 2000-2 Allocable Principal Collections: $104,269,647.95 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $104,269,647.95 6. Shared Principal Collections from other Series allocated to Series 2000-2: N/A 7. Other amounts Treated as Available Principal Collections: $2,440,221.72 8. Available Principal Collections (total of 5., 6. & 7.): $106,709,869.68 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $47,500,000.00 2. Required Collateral Invested Amount: $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $106,709,869.68 - 34 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-2 1. Excess Spread: $5,516,558.77 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $195,217.74 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $79,958.33 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $231,821.06 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,176,228.30 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.4164% b. Prior Monthly Period 3.3409% c. Second Prior Monthly Period 3.3377% 2. Three Month Average Base Rate 3.3650% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 35 -
VIII. Series 2000-3 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,131,483,502.44 1,000,000,000.00 131,483,502.44 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 18,150,037.34 16,040,920.88 2,109,116.46 Collections of Principal Receivables 235,958,772.93 208,539,295.91 27,419,477.02 Defaulted Amount 5,522,141.24 4,880,443.45 641,697.80 Ending Invested / Transferor Amounts 1,107,831,638.75 1,000,000,000.00 107,831,638.75 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2800% 1.4700% 1.9200% Monthly Interest Due 880,000.00 98,000.00 152,000.00 1,130,000.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 880,000.00 98,000.00 152,000.00 1,130,000.00 Investor Default Amount 4,026,365.84 390,435.48 463,642.13 4,880,443.45 Investor Monthly Fees Due 1,375,000.00 133,333.33 158,333.33 1,666,666.67 Investor Additional Amounts Due Total Due 6,281,365.84 621,768.81 773,975.46 7,677,110.11 Reallocated Investor Finance Charge Collections 16,040,920.88 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.4026% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00 Interest Distributions 880,000.00 98,000.00 152,000.00 1,130,000.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 880,000.00 98,000.00 152,000.00 1,130,000.00 Ending Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00
- 36 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.07 2. Amount of the distribution in respect of Class A Monthly Interest: $1.07 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.23 2. Amount of the distribution in respect of Class B monthly interest: $1.23 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 37 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $152,000.00 2. Amount distributed in respect of Collateral Monthly Interest: $152,000.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 38 - J. Application of Reallocated Investor Finance Charge Collections. 1 . Class A Available Funds: $13,233,759.72 a. Class A Monthly Interest: $880,000.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $4,026,365.84 e. Excess Spread: $8,327,393.88 2. Class B Available Funds: $1,283,273.67 a. Class B Monthly Interest: $98,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,185,273.67 3. Collateral Available Funds: $1,523,887.48 a. Excess Spread: $1,523,887.48 4. Total Excess Spread: $11,036,555.03 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2000-3 Allocable Principal Collections: $235,958,772.93 3. Principal Allocation Percentage of Series 2000-3 Allocable Principal Collections: $208,539,295.91 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $208,539,295.91 6. Shared Principal Collections from other Series allocated to Series 2000-3: N/A 7. Other amounts Treated as Available Principal Collections: $4,880,443.45 8. Available Principal Collections (total of 5., 6. & 7.): $213,419,739.35 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $95,000,000.00 2. Required Collateral Invested Amount: $95,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $213,419,739.35 - 39 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-3 1. Excess Spread: $11,036,555.03 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $390,435.48 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $152,000.00 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $463,642.13 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $8,363,810.76 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.4026% b. Prior Monthly Period 3.3271% c. Second Prior Monthly Period 3.3239% 2. Three Month Average Base Rate 3.3512% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 40 -
IX. Series 2000-4 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,371,496,045.95 1,212,122,000.00 159,374,045.95 Beginning Adjusted Invested Amount N/A 1,212,122,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 22,000,059.56 19,443,553.10 2,556,506.46 Collections of Principal Receivables 286,010,819.76 252,775,068.43 33,235,751.33 Defaulted Amount 6,693,508.89 5,915,692.87 777,816.02 Ending Invested / Transferor Amounts 1,342,827,101.63 1,212,122,000.00 130,705,101.63 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- =-------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2650% 1.4900% 1.9700% Monthly Interest Due 1,054,166.67 120,404.42 189,041.20 1,363,612.28 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 1,054,166.67 120,404.42 189,041.20 1,363,612.28 Investor Default Amount 4,880,443.45 473,256.60 561,992.82 5,915,692.87 Investor Monthly Fees Due 1,666,666.67 161,616.67 191,920.00 2,020,203.33 Investor Additional Amounts Due Total Due 7,601,276.78 755,277.68 942,954.02 9,299,508.49 Reallocated Investor Finance Charge Collections 19,443,553.10 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3965% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 1,000,000,000.00 96,970,000.00 115,152,000.00 1,212,122,000.00 Interest Distributions 1,054,166.67 120,404.42 189,041.20 1,363,612.28 Interest Deposits - Interest Funding Account (1,054,166.67) (120,404.42) 0.00 (1,174,571.08) Interest Funding Account Distributions 0.00 0.00 0.00 0.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 0.00 0.00 189,041.20 189,041.20 Ending Interest Funding Account Balance 1,054,166.67 120,404.42 0.00 1,174,571.08 Ending Certificates Balance 1,000,000,000.00 96,970,000.00 115,152,000.00 1,212,122,000.00
- 41 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.05 2. Amount of the distribution in respect of Class A Monthly Interest: $1.05 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.24 2. Amount of the distribution in respect of Class B monthly interest: $1.24 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 42 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $189,041.20 2. Amount distributed in respect of Collateral Monthly Interest: $189,041.20 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. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 43 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds (Includes Int. Income from IFA): $16,040,920.88 a. Class A Monthly Interest: $1,054,166.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $4,880,443.45 e. Excess Spread: $10,106,310.76 2. Class B Available Funds: $1,555,488.10 a. Class B Monthly Interest: $120,404.42 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,435,083.68 3. Collateral Available Funds: $1,847,144.12 a. Excess Spread: $1,847,144.12 4. Total Excess Spread: $13,388,538.57 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2000-4 Allocable Principal Collections: $286,010,819.76 3. Principal Allocation Percentage of Series 2000-4 Allocable Principal Collections: $252,775,068.43 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $252,775,068.43 6. Shared Principal Collections from other Series allocated to Series 2000-4: N/A 7. Other amounts Treated as Available Principal Collections: $5,915,692.87 8. Available Principal Collections (total of 5., 6. & 7.): $258,690,761.31 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $115,152,000.00 2. Required Collateral Invested Amount: $115,152,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $258,690,761.31 - 44 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-4 1. Excess Spread: $13,388,538.57 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $473,256.60 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $189,041.20 9. Applied to unpaid Monthly Servicing Fee: $2,020,203.33 10. Collateral Default Amount treated as Available Principal Collections: $561,992.82 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $10,144,044.61 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3965% b. Prior Monthly Period 3.3106% c. Second Prior Monthly Period 3.3103% 2. Three Month Average Base Rate 3.3392% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2742% c. Second Prior Monthly Period 13.0665% 4. Three Month Average Series Adjusted Portfolio Yield 13.1604% - 45 -
X. Series 2000-5 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 891,470,958.94 787,878,000.00 103,592,958.94 Beginning Adjusted Invested Amount N/A 787,878,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 14,300,015.12 12,638,288.66 1,661,726.46 Collections of Principal Receivables 185,906,726.10 164,303,523.38 21,603,202.72 Defaulted Amount 4,350,773.60 3,845,194.02 505,579.58 Ending Invested / Transferor Amounts 872,836,175.88 787,878,000.00 84,958,175.88 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2600% 1.5000% 1.9700% Monthly Interest Due 682,500.00 78,787.50 122,875.47 884,162.97 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 682,500.00 78,787.50 122,875.47 884,162.97 Investor Default Amount 3,172,288.24 307,614.35 365,291.43 3,845,194.02 Investor Monthly Fees Due 1,083,333.33 105,050.00 124,746.67 1,313,130.00 Investor Additional Amounts Due Total Due 4,938,121.57 491,451.85 612,913.56 6,042,486.99 Reallocated Investor Finance Charge Collections 12,638,288.66 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3931% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 650,000,000.00 63,030,000.00 74,848,000.00 787,878,000.00 Interest Distributions 682,500.00 78,787.50 122,875.47 884,162.97 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 682,500.00 78,787.50 122,875.47 884,162.97 Ending Certificates Balance 650,000,000.00 63,030,000.00 74,848,000.00 787,878,000.00
- 46 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.05 2. Amount of the distribution in respect of Class A Monthly Interest: $1.05 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.25 2. Amount of the distribution in respect of Class B monthly interest: $1.25 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 47 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $122,875.47 2. Amount distributed in respect of Collateral Monthly Interest: $122,875.47 3 . Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 48 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $10,426,598.57 a. Class A Monthly Interest: $682,500.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,172,288.24 e. Excess Spread: $6,571,810.33 2. Class B Available Funds: $1,011,059.24 a. Class B Monthly Interest: $78,787.50 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $932,271.74 3. Collateral Available Funds: $1,200,630.85 a. Excess Spread: $1,200,630.85 4. Total Excess Spread: $8,704,712.92 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2000-5 Allocable Principal Collections: $185,906,726.10 3. Principal Allocation Percentage of Series 2000-5 Allocable Principal Collections: $164,303,523.38 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $164,303,523.38 6. Shared Principal Collections from other Series allocated to Series 2000-5: N/A 7. Other amounts Treated as Available Principal Collections: $3,845,194.02 8. Available Principal Collections (total of 5., 6. & 7.): $168,148,717.40 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $74,848,000.00 2. Required Collateral Invested Amount: $74,848,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $168,148,717.40 - 49 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-5 1. Excess Spread: $8,704,712.92 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $307,614.35 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $122,875.47 9. Applied to unpaid Monthly Servicing Fee: $1,313,130.00 10. Collateral Default Amount treated as Available Principal Collections: $365,291.43 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,595,801.67 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3931% b. Prior Monthly Period 3.3176% c. Second Prior Monthly Period 3.3144% 2. Three Month Average Base Rate 3.3417% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 50 -
XI. Series 2001-1 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 848,612,626.83 750,000,000.00 98,612,626.83 Beginning Adjusted Invested Amount N/A 750,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 13,612,528.00 12,030,690.66 1,581,837.34 Collections of Principal Receivables 176,969,079.70 156,404,471.93 20,564,607.77 Defaulted Amount 4,141,605.93 3,660,332.58 481,273.35 Ending Invested / Transferor Amounts 830,873,729.06 750,000,000.00 80,873,729.06 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2600% 1.5400% 2.0700% Monthly Interest Due 649,687.50 77,000.00 122,906.25 849,593.75 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 649,687.50 77,000.00 122,906.25 849,593.75 Investor Default Amount 3,019,774.38 292,826.61 347,731.60 3,660,332.58 Investor Monthly Fees Due 1,031,250.00 100,000.00 118,750.00 1,250,000.00 Investor Additional Amounts Due Total Due 4,700,711.88 469,826.61 589,387.85 5,759,926.33 Reallocated Investor Finance Charge Collections 12,030,690.66 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.4060% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00 Interest Distributions 649,687.50 77,000.00 122,906.25 849,593.75 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 649,687.50 77,000.00 122,906.25 849,593.75 Ending Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00
- 51 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.05 2. Amount of the distribution in respect of Class A Monthly Interest: $1.05 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.28 2. Amount of the distribution in respect of Class B monthly interest: $1.28 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 52 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $122,906.25 2. Amount distributed in respect of Collateral Monthly Interest: $122,906.25 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 53 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,925,319.79 a. Class A Monthly Interest: $649,687.50 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,019,774.38 e. Excess Spread: $6,255,857.91 2. Class B Available Funds: $962,455.25 a. Class B Monthly Interest: $77,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $885,455.25 3. Collateral Available Funds: $1,142,915.61 a. Excess Spread: $1,142,915.61 4. Total Excess Spread: $8,284,228.78 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2001-1 Allocable Principal Collections: $176,969,079.70 3. Principal Allocation Percentage of Series 2001-1 Allocable Principal Collections: $156,404,471.93 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $156,404,471.93 6. Shared Principal Collections from other Series allocated to Series 2001-1: N/A 7. Other amounts Treated as Available Principal Collections: $3,660,332.58 8. Available Principal Collections (total of 5., 6. & 7.): $160,064,804.52 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $71,250,000.00 2. Required Collateral Invested Amount: $71,250,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $160,064,804.52 - 54 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-1 1. Excess Spread: $8,284,228.78 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $292,826.61 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $122,906.25 9. Applied to unpaid Monthly Servicing Fee: $1,250,000.00 10. Collateral Default Amount treated as Available Principal Collections: $347,731.60 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,270,764.32 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.4060% b. Prior Monthly Period 3.3305% c. Second Prior Monthly Period 3.3273% 2. Three Month Average Base Rate 3.3546% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 55 -
XII. Series 2001-2 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 282,870,875.61 250,000,000.00 32,870,875.61 Beginning Adjusted Invested Amount N/A 250,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 4,537,509.33 4,010,230.22 527,279.11 Collections of Principal Receivables 58,989,693.23 52,134,823.98 6,854,869.26 Defaulted Amount 1,380,535.31 1,220,110.86 160,424.45 Ending Invested / Transferor Amounts 276,957,909.69 250,000,000.00 26,957,909.69 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 5.5300% 5.8300% 1.9700% Monthly Interest Due 996,552.08 72,875.00 30,781.25 1,100,208.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 996,552.08 72,875.00 30,781.25 1,100,208.33 Investor Default Amount 1,055,395.90 73,206.65 91,508.31 1,220,110.86 Investor Monthly Fees Due 360,416.67 25,000.00 31,250.00 416,666.67 Investor Additional Amounts Due Total Due 2,412,364.65 171,081.65 153,539.56 2,736,985.86 Reallocated Investor Finance Charge Collections 4,010,230.22 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 7.3821% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 216,250,000.00 15,000,000.00 18,750,000.00 250,000,000.00 Interest Distributions 996,552.08 72,875.00 30,781.25 1,100,208.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 996,552.08 72,875.00 30,781.25 1,100,208.33 Ending Certificates Balance 216,250,000.00 15,000,000.00 18,750,000.00 250,000,000.00
- 56 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $4.61 2. Amount of the distribution in respect of Class A Monthly Interest: $4.61 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $4.86 2. Amount of the distribution in respect of Class B monthly interest: $4.86 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 57 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $30,781.25 2. Amount distributed in respect of Collateral Monthly Interest: $30,781.25 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 58 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $3,468,849.14 a. Class A Monthly Interest: $996,552.08 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $1,055,395.90 e. Excess Spread: $1,416,901.16 2. Class B Available Funds: $240,613.81 a. Class B Monthly Interest: $72,875.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $167,738.81 3. Collateral Available Funds: $300,767.27 a. Excess Spread: $300,767.27 4. Total Excess Spread: $1,885,407.24 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2001-2 Allocable Principal Collections: $58,989,693.23 3. Principal Allocation Percentage of Series 2001-2 Allocable Principal Collections: $52,134,823.98 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $52,134,823.98 6. Shared Principal Collections from other Series allocated to Series 2001-2: N/A 7. Other amounts Treated as Available Principal Collections: $1,220,110.86 8. Available Principal Collections (total of 5., 6. & 7.): $53,354,934.84 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $18,750,000.00 2. Required Collateral Invested Amount: $18,750,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $53,354,934.84 - 59 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-2 1. Excess Spread: $1,885,407.24 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $73,206.65 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $30,781.25 9. Applied to unpaid Monthly Servicing Fee: $416,666.67 10. Collateral Default Amount treated as Available Principal Collections: $91,508.31 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $1,273,244.36 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 7.3821% b. Prior Monthly Period 7.1481% c. Second Prior Monthly Period 7.1478% 2. Three Month Average Base Rate 7.2260% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 60 -
XIII. Series 2001-3 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 848,612,626.83 750,000,000.00 98,612,626.83 Beginning Adjusted Invested Amount N/A 750,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 13,612,528.00 12,030,690.66 1,581,837.34 Collections of Principal Receivables 176,969,079.70 156,404,471.93 20,564,607.77 Defaulted Amount 4,141,605.93 3,660,332.58 481,273.35 Ending Invested / Transferor Amounts 830,873,729.06 750,000,000.00 80,873,729.06 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2500% 1.5000% 1.9700% Monthly Interest Due 644,531.25 75,000.00 116,968.75 836,500.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 644,531.25 75,000.00 116,968.75 836,500.00 Investor Default Amount 3,019,774.38 292,826.61 347,731.60 3,660,332.58 Investor Monthly Fees Due 1,031,250.00 100,000.00 118,750.00 1,250,000.00 Investor Additional Amounts Due Total Due 4,695,555.63 467,826.61 583,450.35 5,746,832.58 Reallocated Investor Finance Charge Collections 12,030,690.66 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3848% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00 Interest Distributions 644,531.25 75,000.00 116,968.75 836,500.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 644,531.25 75,000.00 116,968.75 836,500.00 Ending Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00
- 61 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.04 2. Amount of the distribution in respect of Class A Monthly Interest: $1.04 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.25 2. Amount of the distribution in respect of Class B monthly interest: $1.25 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 62 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $116,968.75 2. Amount distributed in respect of Collateral Monthly Interest: $116,968.75 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 63 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,925,319.79 a. Class A Monthly Interest: $644,531.25 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,019,774.38 e. Excess Spread: $6,261,014.16 2. Class B Available Funds: $962,455.25 a. Class B Monthly Interest: $75,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $887,455.25 3. Collateral Available Funds: $1,142,915.61 a. Excess Spread: $1,142,915.61 4. Total Excess Spread: $8,291,385.03 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2001-3 Allocable Principal Collections: $176,969,079.70 3. Principal Allocation Percentage of Series 2001-3 Allocable Principal Collections: $156,404,471.93 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $156,404,471.93 6. Shared Principal Collections from other Series allocated to Series 2001-3: N/A 7. Other amounts Treated as Available Principal Collections: $3,660,332.58 8. Available Principal Collections (total of 5., 6. & 7.): $160,064,804.52 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $71,250,000.00 2. Required Collateral Invested Amount: $71,250,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $160,064,804.52 - 64 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-3 1. Excess Spread: $8,291,385.03 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $292,826.61 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $116,968.75 9. Applied to unpaid Monthly Servicing Fee: $1,250,000.00 10. Collateral Default Amount treated as Available Principal Collections: $347,731.60 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,283,858.07 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3848% b. Prior Monthly Period 3.3092% c. Second Prior Monthly Period 3.3061% 2. Three Month Average Base Rate 3.3333% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 65 -
XIV. Series 2001-4 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 820,325,539.27 725,000,000.00 95,325,539.27 Beginning Adjusted Invested Amount N/A 725,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 13,158,777.07 11,629,667.64 1,529,109.43 Collections of Principal Receivables 171,070,110.38 151,190,989.53 19,879,120.84 Defaulted Amount 4,003,552.40 3,538,321.50 465,230.90 Ending Invested / Transferor Amounts 803,177,938.10 725,000,000.00 78,177,938.10 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2500% 1.5000% 2.0700% Monthly Interest Due 623,046.88 72,500.00 118,809.38 814,356.25 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 623,046.88 72,500.00 118,809.38 814,356.25 Investor Default Amount 2,919,115.24 283,065.72 336,140.54 3,538,321.50 Investor Monthly Fees Due 996,875.00 96,666.67 114,791.67 1,208,333.33 Investor Additional Amounts Due Total Due 4,539,037.11 452,232.39 569,741.58 5,561,011.08 Reallocated Investor Finance Charge Collections 11,629,667.64 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3944% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 598,125,000.00 58,000,000.00 68,875,000.00 725,000,000.00 Interest Distributions 623,046.88 72,500.00 118,809.38 814,356.25 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 623,046.88 72,500.00 118,809.38 814,356.25 Ending Certificates Balance 598,125,000.00 58,000,000.00 68,875,000.00 725,000,000.00
- 66 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.04 2. Amount of the distribution in respect of Class A Monthly Interest: $1.04 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.25 2. Amount of the distribution in respect of Class B monthly interest: $1.25 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 67 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $118,809.38 2. Amount distributed in respect of Collateral Monthly Interest: $118,809.38 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 68 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,594,475.80 a. Class A Monthly Interest: $623,046.88 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,919,115.24 e. Excess Spread: $6,052,313.69 2. Class B Available Funds: $930,373.41 a. Class B Monthly Interest: $72,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $857,873.41 3. Collateral Available Funds: $1,104,818.43 a. Excess Spread: $1,104,818.43 4. Total Excess Spread: $8,015,005.52 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2001-4 Allocable Principal Collections: $171,070,110.38 3. Principal Allocation Percentage of Series 2001-4 Allocable Principal Collections: $151,190,989.53 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $151,190,989.53 6. Shared Principal Collections from other Series allocated to Series 2001-4: N/A 7. Other amounts Treated as Available Principal Collections: $3,538,321.50 8. Available Principal Collections (total of 5., 6. & 7.): $154,729,311.03 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $68,875,000.00 2. Required Collateral Invested Amount: $68,875,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $154,729,311.03 - 69 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-4 1. Excess Spread: $8,015,005.52 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $283,065.72 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $118,809.38 9. Applied to unpaid Monthly Servicing Fee: $1,208,333.33 10. Collateral Default Amount treated as Available Principal Collections: $336,140.54 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,068,656.55 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3944% b. Prior Monthly Period 3.3188% c. Second Prior Monthly Period 3.3157% 2. Three Month Average Base Rate 3.3430% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 70 -
XV. Series 2001-5 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ------------ Beginning Invested /Transferor Amount 565,741,751.22 500,000,000.00 65,741,751.22 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 9,075,018.67 8,020,460.44 1,054,558.23 Collections of Principal Receivables 117,979,386.47 104,269,647.95 13,709,738.51 Defaulted Amount 2,761,070.62 2,440,221.72 320,848.90 Ending Invested / Transferor Amounts 553,915,819.38 500,000,000.00 53,915,819.38 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.3000% 1.5700% 2.1700% Monthly Interest Due 446,875.00 52,333.33 85,895.83 585,104.17 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 446,875.00 52,333.33 85,895.83 585,104.17 Investor Default Amount 2,013,182.92 195,217.74 231,821.06 2,440,221.72 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Due Total Due 3,147,557.92 314,217.74 396,883.56 3,858,659.22 Reallocated Investor Finance Charge Collections 8,020,460.44 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.4515% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 446,875.00 52,333.33 85,895.83 585,104.17 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 446,875.00 52,333.33 85,895.83 585,104.17 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 71 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.08 2. Amount of the distribution in respect of Class A Monthly Interest: $1.08 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.31 2. Amount of the distribution in respect of Class B monthly interest: $1.31 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 72 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $85,895.83 2. Amount distributed in respect of Collateral Monthly Interest: $85,895.83 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 73 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,616,879.86 a. Class A Monthly Interest: $446,875.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,013,182.92 e. Excess Spread: $4,156,821.94 2. Class B Available Funds: $641,636.84 a. Class B Monthly Interest: $52,333.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $589,303.50 3. Collateral Available Funds: $761,943.74 a. Excess Spread: $761,943.74 4. Total Excess Spread: $5,508,069.18 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2001-5 Allocable Principal Collections: $117,979,386.47 3. Principal Allocation Percentage of Series 2001-5 Allocable Principal Collections: $104,269,647.95 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $104,269,647.95 6. Shared Principal Collections from other Series allocated to Series 2001-5: N/A 7. Other amounts Treated as Available Principal Collections: $2,440,221.72 8. Available Principal Collections (total of 5., 6. & 7.): $106,709,869.68 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $47,500,000.00 2. Required Collateral Invested Amount $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $106,709,869.68 - 74 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-5 1. Excess Spread: $5,508,069.18 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $195,217.74 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $85,895.83 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $231,821.06 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,161,801.22 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.4515% b. Prior Monthly Period 3.3760% c. Second Prior Monthly Period 3.3728% 2. Three Month Average Base Rate 3.4001% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 75 -
XVI. Series 2001-6 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 792,038,451.71 700,000,000.00 92,038,451.71 Beginning Adjusted Invested Amount N/A 700,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 12,705,026.14 11,228,644.61 1,476,381.52 Collections of Principal Receivables 165,171,141.05 145,977,507.14 19,193,633.92 Defaulted Amount 3,865,498.87 3,416,310.41 449,188.46 Ending Invested / Transferor Amounts 775,482,147.13 700,000,000.00 75,482,147.13 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2400% 1.4700% 2.0700% Monthly Interest Due 596,750.00 68,600.00 114,712.50 780,062.50 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 596,750.00 68,600.00 114,712.50 780,062.50 Investor Default Amount 2,818,456.09 273,304.83 324,549.49 3,416,310.41 Investor Monthly Fees Due 962,500.00 93,333.33 110,833.33 1,166,666.67 Investor Additional Amounts Due Total Due 4,377,706.09 435,238.17 550,095.32 5,363,039.58 Reallocated Investor Finance Charge Collections 11,228,644.61 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3836% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 577,500,000.00 56,000,000.00 66,500,000.00 700,000,000.00 Interest Distributions 596,750.00 68,600.00 114,712.50 780,062.50 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 596,750.00 68,600.00 114,712.50 780,062.50 Ending Certificates Balance 577,500,000.00 56,000,000.00 66,500,000.00 700,000,000.00
- 76 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.03 2. Amount of the distribution in respect of Class A Monthly Interest: $1.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.23 2. Amount of the distribution in respect of Class B monthly interest: $1.23 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 77 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $114,712.50 2. Amount distributed in respect of Collateral Monthly Interest: $114,712.50 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 78 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,263,631.81 a. Class A Monthly Interest: $596,750.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,818,456.09 e. Excess Spread: $5,848,425.72 2. Class B Available Funds: $898,291.57 a. Class B Monthly Interest: $68,600.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $829,691.57 3. Collateral Available Funds: $1,066,721.24 a. Excess Spread: $1,066,721.24 4. Total Excess Spread: $7,744,838.52 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2001-6 Allocable Principal Collections: $165,171,141.05 3. Principal Allocation Percentage of Series 2001-6 Allocable Principal Collections: $145,977,507.14 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $145,977,507.14 6. Shared Principal Collections from other Series allocated to Series 2001-6: N/A 7. Other amounts Treated as Available Principal Collections: $3,416,310.41 8. Available Principal Collections (total of 5., 6. & 7.): $149,393,817.55 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $66,500,000.00 2. Required Collateral Invested Amount: $66,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $149,393,817.55 - 79 - M. Application of Principal Collections During Accumulation or Amortization Period. 1 . Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-6 1. Excess Spread: $7,744,838.52 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $273,304.83 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $114,712.50 9. Applied to unpaid Monthly Servicing Fee: $1,166,666.67 10. Collateral Default Amount treated as Available Principal Collections: $324,549.49 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $5,865,605.03 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3836% b. Prior Monthly Period 3.3080% c. Second Prior Monthly Period 3.3049% 2. Three Month Average Base Rate 3.3322% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 80 -
XVII. Series 2001-7 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 735,464,276.59 650,000,000.00 85,464,276.59 Beginning Adjusted Invested Amount N/A 650,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 11,797,524.27 10,426,598.57 1,370,925.70 Collections of Principal Receivables 153,373,202.41 135,550,542.34 17,822,660.07 Defaulted Amount 3,589,391.81 3,172,288.24 417,103.57 Ending Invested / Transferor Amounts 720,090,565.19 650,000,000.00 70,090,565.19 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2400% 1.4800% 2.0700% Monthly Interest Due 554,125.00 64,133.33 106,518.75 724,777.08 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 554,125.00 64,133.33 106,518.75 724,777.08 Investor Default Amount 2,617,137.80 253,783.06 301,367.38 3,172,288.24 Investor Monthly Fees Due 893,750.00 86,666.67 102,916.67 1,083,333.33 Investor Additional Amounts Due Total Due 4,065,012.80 404,583.06 510,802.80 4,980,398.66 Reallocated Investor Finance Charge Collections 10,426,598.57 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3844% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 536,250,000.00 52,000,000.00 61,750,000.00 650,000,000.00 Interest Distributions 554,125.00 64,133.33 106,518.75 724,777.08 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 554,125.00 64,133.33 106,518.75 724,777.08 Ending Certificates Balance 536,250,000.00 52,000,000.00 61,750,000.00 650,000,000.00
- 81 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.03 2. Amount of the distribution in respect of Class A Monthly Interest: $1.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3 . Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.23 2. Amount of the distribution in respect of Class B monthly interest: $1.23 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 82 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $106,518.75 2. Amount distributed in respect of Collateral Monthly Interest: $106,518.75 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 83 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $8,601,943.82 a. Class A Monthly Interest: $554,125.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,617,137.80 e. Excess Spread: $5,430,681.02 2. Class B Available Funds: $834,127.89 a. Class B Monthly Interest: $64,133.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $769,994.55 3. Collateral Available Funds: $990,526.86 a. Excess Spread: $990,526.86 4. Total Excess Spread: $7,191,202.44 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2001-7 Allocable Principal Collections: $153,373,202.41 3. Principal Allocation Percentage of Series 2001-7 Allocable Principal Collections: $135,550,542.34 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $135,550,542.34 6. Shared Principal Collections from other Series allocated to Series 2001-7: N/A 7. Other amounts Treated as Available Principal Collections: $3,172,288.24 8. Available Principal Collections (total of 5., 6. & 7.): $138,722,830.58 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $61,750,000.00 2. Required Collateral Invested Amount: $61,750,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $138,722,830.58 - 84 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2001-7 1. Excess Spread: $7,191,202.44 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $253,783.06 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $106,518.75 9. Applied to unpaid Monthly Servicing Fee: $1,083,333.33 10. Collateral Default Amount treated as Available Principal Collections: $301,367.38 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $5,446,199.91 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3844% b. Prior Monthly Period 3.3089% c. Second Prior Monthly Period 3.3057% 2. Three Month Average Base Rate 3.3330% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 85 -
XVIII. Series 2002-1 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,040,964,822.25 920,000,000.00 120,964,822.25 Beginning Adjusted Invested Amount N/A 920,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 16,698,034.35 14,757,647.21 1,940,387.14 Collections of Principal Receivables 217,082,071.10 191,856,152.24 25,225,918.86 Defaulted Amount 5,080,369.94 4,490,007.97 590,361.97 Ending Invested / Transferor Amounts 1,019,205,107.65 920,000,000.00 99,205,107.65 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2300% 1.5200% 2.1700% Monthly Interest Due 777,975.00 93,226.67 158,048.33 1,029,250.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 777,975.00 93,226.67 158,048.33 1,029,250.00 Investor Default Amount 3,704,256.58 359,200.64 426,550.76 4,490,007.97 Investor Monthly Fees Due 1,265,000.00 122,666.67 145,666.67 1,533,333.33 Investor Additional Amounts Due Total Due 5,747,231.58 575,093.97 730,265.76 7,052,591.30 Reallocated Investor Finance Charge Collections 14,757,647.21 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3889% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 777,975.00 93,226.67 158,048.33 1,029,250.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 777,975.00 93,226.67 158,048.33 1,029,250.00 Ending Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00
- 86 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.03 2. Amount of the distribution in respect of Class A Monthly Interest: $1.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.27 2 . Amount of the distribution in respect of Class B monthly interest: $1.27 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 87 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $158,048.33 2. Amount distributed in respect of Collateral Monthly Interest: $158,048.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 88 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $12,175,058.95 a. Class A Monthly Interest: $777,975.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,704,256.58 e. Excess Spread: $7,692,827.37 2. Class B Available Funds: $1,180,611.78 a. Class B Monthly Interest: $93,226.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,087,385.11 3. Collateral Available Funds: $1,401,976.48 a. Excess Spread: $1,401,976.48 4. Total Excess Spread: $10,182,188.96 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2002-1 Allocable Principal Collections: $217,082,071.10 3. Principal Allocation Percentage of Series 2002-1 Allocable Principal Collections: $191,856,152.24 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $191,856,152.24 6. Shared Principal Collections from other Series allocated to Series 2002-1: N/A 7. Other amounts Treated as Available Principal Collections: $4,490,007.97 8. Available Principal Collections (total of 5., 6. & 7.): $196,346,160.21 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $87,400,000.00 2. Required Collateral Invested Amount: $87,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $196,346,160.21 - 89 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-1 1. Excess Spread: $10,182,188.96 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $359,200.64 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $158,048.33 9. Applied to unpaid Monthly Servicing Fee: $1,533,333.33 10. Collateral Default Amount treated as Available Principal Collections: $426,550.76 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,705,055.90 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3889% b. Prior Monthly Period 3.3134% c. Second Prior Monthly Period 3.3102% 2. Three Month Average Base Rate 3.3375% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 90 -
XIX. Series 2002-2 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- ------------- ----------- Beginning Invested /Transferor Amount 1,063,594,492.30 940,000,000.00 123,594,492.30 Beginning Adjusted Invested Amount N/A 940,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 17,061,035.10 15,078,465.62 1,982,569.47 Collections of Principal Receivables 221,801,246.56 196,026,938.15 25,774,308.40 Defaulted Amount 5,190,812.77 4,587,616.84 603,195.93 Ending Invested / Transferor Amounts 1,041,361,740.43 940,000,000.00 101,361,740.43 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2300% 1.5100% 2.1200% Monthly Interest Due 794,887.50 94,626.67 157,763.33 1,047,277.50 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 794,887.50 94,626.67 157,763.33 1,047,277.50 Investor Default Amount 3,784,783.89 367,009.35 435,823.60 4,587,616.84 Investor Monthly Fees Due 1,292,500.00 125,333.33 148,833.33 1,566,666.67 Investor Additional Amounts Due Total Due 5,872,171.39 586,969.35 742,420.27 7,201,561.01 Reallocated Investor Finance Charge Collections 15,078,465.62 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3833% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 775,500,000.00 75,200,000.00 89,300,000.00 940,000,000.00 Interest Distributions 794,887.50 94,626.67 157,763.33 1,047,277.50 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 794,887.50 94,626.67 157,763.33 1,047,277.50 Ending Certificates Balance 775,500,000.00 75,200,000.00 89,300,000.00 940,000,000.00
- 91 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.03 2. Amount of the distribution in respect of Class A Monthly Interest: $1.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.26 2. Amount of the distribution in respect of Class B monthly interest: $1.26 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 92 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $157,763.33 2. Amount distributed in respect of Collateral Monthly Interest: $157,763.33 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 93 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $12,439,734.14 a. Class A Monthly Interest: $794,887.50 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,784,783.89 e. Excess Spread: $7,860,062.75 2. Class B Available Funds: $1,206,277.25 a. Class B Monthly Interest: $94,626.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,111,650.58 3. Collateral Available Funds: $1,432,454.23 a. Excess Spread: $1,432,454.23 4. Total Excess Spread: $10,404,167.57 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2002-2 Allocable Principal Collections: $221,801,246.56 3. Principal Allocation Percentage of Series 2002-2 Allocable Principal Collections: $196,026,938.15 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $196,026,938.15 6. Shared Principal Collections from other Series allocated to Series 2002-2: N/A 7. Other amounts Treated as Available Principal Collections: $4,587,616.84 8. Available Principal Collections (total of 5., 6. & 7.): $200,614,554.99 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $89,300,000.00 2. Required Collateral Invested Amount: $89,300,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $200,614,554.99 - 94 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-2 1. Excess Spread: $10,404,167.57 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $367,009.35 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $157,763.33 9. Applied to unpaid Monthly Servicing Fee: $1,566,666.67 10. Collateral Default Amount treated as Available Principal Collections: $435,823.60 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,876,904.62 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3833% b. Prior Monthly Period 3.3077% c. Second Prior Monthly Period 3.3046% 2. Three Month Average Base Rate 3.3319% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 95 -
XX. Series 2002-3 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- ------------- ----------- Beginning Invested /Transferor Amount 1,040,964,822.25 920,000,000.00 120,964,822.25 Beginning Adjusted Invested Amount N/A 920,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 16,698,034.35 14,757,647.21 1,940,387.14 Collections of Principal Receivables 217,082,071.10 191,856,152.24 25,225,918.86 Defaulted Amount 5,080,369.94 4,490,007.97 590,361.97 Ending Invested / Transferor Amounts 1,019,205,107.65 920,000,000.00 99,205,107.65 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2300% 1.5000% 2.1200% Monthly Interest Due 777,975.00 92,000.00 154,406.67 1,024,381.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 777,975.00 92,000.00 154,406.67 1,024,381.67 Investor Default Amount 3,704,256.58 359,200.64 426,550.76 4,490,007.97 Investor Monthly Fees Due 1,265,000.00 122,666.67 145,666.67 1,533,333.33 Investor Additional Amounts Due Total Due 5,747,231.58 573,867.30 726,624.09 7,047,722.97 Reallocated Investor Finance Charge Collections 14,757,647.21 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3825% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 777,975.00 92,000.00 154,406.67 1,024,381.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 777,975.00 92,000.00 154,406.67 1,024,381.67 Ending Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00
- 96 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.03 2. Amount of the distribution in respect of Class A Monthly Interest: $1.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.25 2 . Amount of the distribution in respect of Class B monthly interest: $1.25 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 97 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $154,406.67 2. Amount distributed in respect of Collateral Monthly Interest: $154,406.67 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 98 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $12,175,058.95 a. Class A Monthly Interest: $777,975.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,704,256.58 e. Excess Spread: $7,692,827.37 2. Class B Available Funds: $1,180,611.78 a. Class B Monthly Interest: $92,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,088,611.78 3. Collateral Available Funds: $1,401,976.48 a. Excess Spread: $1,401,976.48 4. Total Excess Spread: $10,183,415.63 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2002-3 Allocable Principal Collections: $217,082,071.10 3. Principal Allocation Percentage of Series 2002-3 Allocable Principal Collections: $191,856,152.24 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $191,856,152.24 6. Shared Principal Collections from other Series allocated to Series 2002-3: N/A 7. Other amounts Treated as Available Principal Collections: $4,490,007.97 8. Available Principal Collections (total of 5., 6. & 7.): $196,346,160.21 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $87,400,000.00 2. Required Collateral Invested Amount: $87,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $196,346,160.21 - 99 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-3 1. Excess Spread: $10,183,415.63 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $359,200.64 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $154,406.67 9. Applied to unpaid Monthly Servicing Fee: $1,533,333.33 10. Collateral Default Amount treated as Available Principal Collections: $426,550.76 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,709,924.24 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3825% b. Prior Monthly Period 3.3069% c. Second Prior Monthly Period 3.3038% 2. Three Month Average Base Rate 3.3311% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 100 -
XXI. Series 2002-4 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 565,741,751.22 500,000,000.00 65,741,751.22 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 9,075,018.67 8,020,460.44 1,054,558.23 Collections of Principal Receivables 117,979,386.47 104,269,647.95 13,709,738.51 Defaulted Amount 2,761,070.62 2,440,221.72 320,848.90 Ending Invested / Transferor Amounts 553,915,819.38 500,000,000.00 53,915,819.38 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.1600% 1.4300% 1.9700% Monthly Interest Due 398,750.00 47,666.67 77,979.17 524,395.83 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 398,750.00 47,666.67 77,979.17 524,395.83 Investor Default Amount 2,013,182.92 195,217.74 231,821.06 2,440,221.72 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Due Total Due 3,099,432.92 309,551.07 388,966.90 3,797,950.89 Reallocated Investor Finance Charge Collections 8,020,460.44 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3038% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 398,750.00 47,666.67 77,979.17 524,395.83 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 398,750.00 47,666.67 77,979.17 524,395.83 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 101 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $0.97 2. Amount of the distribution in respect of Class A Monthly Interest: $0.97 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.19 2. Amount of the distribution in respect of Class B monthly interest: $1.19 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 102 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $77,979.17 2. Amount distributed in respect of Collateral Monthly Interest: $77,979.17 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 103 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $6,616,879.86 a. Class A Monthly Interest: $398,750.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,013,182.92 e. Excess Spread: $4,204,946.94 2. Class B Available Funds: $641,636.84 a. Class B Monthly Interest: $47,666.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $593,970.17 3. Collateral Available Funds: $761,943.74 a. Excess Spread: $761,943.74 4. Total Excess Spread: $5,560,860.85 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2002-4 Allocable Principal Collections: $117,979,386.47 3. Principal Allocation Percentage of Series 2002-4 Allocable Principal Collections: $104,269,647.95 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $104,269,647.95 6. Shared Principal Collections from other Series allocated to Series 2002-4: N/A 7. Other amounts Treated as Available Principal Collections: $2,440,221.72 8. Available Principal Collections (total of 5., 6. & 7.): $106,709,869.68 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $47,500,000.00 2. Required Collateral Invested Amount: $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $106,709,869.68 - 104 - M. Application of Principal Collections During Accumulation or Amortization Period. 1 . Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-4 1. Excess Spread: $5,560,860.85 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $195,217.74 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $77,979.17 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $231,821.06 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,222,509.55 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3038% b. Prior Monthly Period 3.2283% c. Second Prior Monthly Period 3.2251% 2. Three Month Average Base Rate 3.2524% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 105 -
XXII. Series 2002-5 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 678,890,101.47 600,000,000.00 78,890,101.47 Beginning Adjusted Invested Amount N/A 600,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 10,890,022.40 9,624,552.53 1,265,469.88 Collections of Principal Receivables 141,575,263.76 125,123,577.54 16,451,686.21 Defaulted Amount 3,313,284.75 2,928,266.07 385,018.68 Ending Invested / Transferor Amounts 664,698,983.25 600,000,000.00 64,698,983.25 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2900% 1.5700% 2.1700% Monthly Interest Due 532,125.00 62,800.00 103,075.00 698,000.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 532,125.00 62,800.00 103,075.00 698,000.00 Investor Default Amount 2,415,819.51 234,261.29 278,185.28 2,928,266.07 Investor Monthly Fees Due 825,000.00 80,000.00 95,000.00 1,000,000.00 Investor Additional Amounts Due Total Due 3,772,944.51 377,061.29 476,260.28 4,626,266.07 Reallocated Investor Finance Charge Collections 9,624,552.53 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.4432% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 495,000,000.00 48,000,000.00 57,000,000.00 600,000,000.00 Interest Distributions 532,125.00 62,800.00 103,075.00 698,000.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 532,125.00 62,800.00 103,075.00 698,000.00 Ending Certificates Balance 495,000,000.00 48,000,000.00 57,000,000.00 600,000,000.00
- 106 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.08 2. Amount of the distribution in respect of Class A Monthly Interest: $1.08 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.31 2. Amount of the distribution in respect of Class B monthly interest: $1.31 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 107 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $103,075.00 2 . Amount distributed in respect of Collateral Monthly Interest: $103,075.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 108 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $7,940,255.83 a. Class A Monthly Interest: $532,125.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,415,819.51 e. Excess Spread: $4,992,311.33 2. Class B Available Funds: $769,964.20 a. Class B Monthly Interest: $62,800.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $707,164.20 3. Collateral Available Funds: $914,332.49 a. Excess Spread: $914,332.49 4. Total Excess Spread: $6,613,808.02 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2002-5 Allocable Principal Collections: $141,575,263.76 3. Principal Allocation Percentage of Series 2002-5 Allocable Principal Collections: $125,123,577.54 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $125,123,577.54 6. Shared Principal Collections from other Series allocated to Series 2002-5: N/A 7. Other amounts Treated as Available Principal Collections: $2,928,266.07 8. Available Principal Collections (total of 5., 6. & 7.): $128,051,843.61 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $57,000,000.00 2. Required Collateral Invested Amount: $57,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $128,051,843.61 - 109 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-5 1. Excess Spread: $6,613,808.02 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $234,261.29 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $103,075.00 9. Applied to unpaid Monthly Servicing Fee: $1,000,000.00 10. Collateral Default Amount treated as Available Principal Collections: $278,185.28 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $4,998,286.46 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.4432% b. Prior Monthly Period 3.3676% c. Second Prior Monthly Period 3.3645% 2. Three Month Average Base Rate 3.3917% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 110 -
XXIII. Series 2002-6 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 814,668,121.76 720,000,000.00 94,668,121.76 Beginning Adjusted Invested Amount N/A 720,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 13,068,026.88 11,549,463.03 1,518,563.85 Collections of Principal Receivables 169,890,316.51 150,148,293.05 19,742,023.46 Defaulted Amount 3,975,941.70 3,513,919.28 462,022.41 Ending Invested / Transferor Amounts 797,638,779.90 720,000,000.00 77,638,779.90 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2600% 1.5700% 2.1700% Monthly Interest Due 623,700.00 75,360.00 123,690.00 822,750.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 623,700.00 75,360.00 123,690.00 822,750.00 Investor Default Amount 2,898,983.41 281,113.54 333,822.33 3,513,919.28 Investor Monthly Fees Due 990,000.00 96,000.00 114,000.00 1,200,000.00 Investor Additional Amounts Due Total Due 4,512,683.41 452,473.54 571,512.33 5,536,669.28 Reallocated Investor Finance Charge Collections 11,549,463.03 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.4181% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ------ Beginning Certificates Balance 594,000,000.00 57,600,000.00 68,400,000.00 720,000,000.00 Interest Distributions 623,700.00 75,360.00 123,690.00 822,750.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 623,700.00 75,360.00 123,690.00 822,750.00 Ending Certificates Balance 594,000,000.00 57,600,000.00 68,400,000.00 720,000,000.00
- 111 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.05 2. Amount of the distribution in respect of Class A Monthly Interest: $1.05 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.31 2. Amount of the distribution in respect of Class B monthly interest: $1.31 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 112 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $123,690.00 2. Amount distributed in respect of Collateral Monthly Interest: $123,690.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 113 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,528,307.00 a. Class A Monthly Interest: $623,700.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,898,983.41 e. Excess Spread: $6,005,623.59 2. Class B Available Funds: $923,957.04 a. Class B Monthly Interest: $75,360.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $848,597.04 3 . Collateral Available Funds: $1,097,198.99 a. Excess Spread: $1,097,198.99 4. Total Excess Spread: $7,951,419.62 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2002-6 Allocable Principal Collections: $169,890,316.51 3. Principal Allocation Percentage of Series 2002-6 Allocable Principal Collections: $150,148,293.05 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $150,148,293.05 6. Shared Principal Collections from other Series allocated to Series 2002-6: N/A 7. Other amounts Treated as Available Principal Collections: $3,513,919.28 8. Available Principal Collections (total of 5., 6. & 7.): $153,662,212.34 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $68,400,000.00 2. Required Collateral Invested Amount: $68,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $153,662,212.34 - 114 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2002-6 1. Excess Spread: $7,951,419.62 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $281,113.54 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $123,690.00 9. Applied to unpaid Monthly Servicing Fee: $1,200,000.00 10. Collateral Default Amount treated as Available Principal Collections: $333,822.33 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,012,793.75 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.4181% b. Prior Monthly Period 3.3425% c. Second Prior Monthly Period 3.3394% 2. Three Month Average Base Rate 3.3667% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 115 -
XXIV. Series 2003-1 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,040,964,822.25 920,000,000.00 120,964,822.25 Beginning Adjusted Invested Amount N/A 920,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 16,698,034.35 14,757,647.21 1,940,387.14 Collections of Principal Receivables 217,082,071.10 191,856,152.24 25,225,918.86 Defaulted Amount 5,080,369.94 4,490,007.97 590,361.97 Ending Invested / Transferor Amounts 1,019,205,107.65 920,000,000.00 99,205,107.65 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2300% 1.5200% 2.2200% Monthly Interest Due 777,975.00 93,226.67 161,690.00 1,032,891.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 777,975.00 93,226.67 161,690.00 1,032,891.67 Investor Default Amount 3,704,256.58 359,200.64 426,550.76 4,490,007.97 Investor Monthly Fees Due 1,265,000.00 122,666.67 145,666.67 1,533,333.33 Investor Additional Amounts Due Total Due 5,747,231.58 575,093.97 733,907.42 7,056,232.97 Reallocated Investor Finance Charge Collections 14,757,647.21 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3937% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00 Interest Distributions 777,975.00 93,226.67 161,690.00 1,032,891.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 777,975.00 93,226.67 161,690.00 1,032,891.67 Ending Certificates Balance 759,000,000.00 73,600,000.00 87,400,000.00 920,000,000.00
- 116 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.03 2. Amount of the distribution in respect of Class A Monthly Interest: $1.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.27 2. Amount of the distribution in respect of Class B monthly interest: $1.27 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 117 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $161,690.00 2. Amount distributed in respect of Collateral Monthly Interest: $161,690.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 118 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $12,175,058.95 a. Class A Monthly Interest: $777,975.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,704,256.58 e. Excess Spread: $7,692,827.37 2. Class B Available Funds: $1,180,611.78 a. Class B Monthly Interest: $93,226.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,087,385.11 3. Collateral Available Funds: $1,401,976.48 a. Excess Spread: $1,401,976.48 4. Total Excess Spread: $10,182,188.96 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2003-1 Allocable Principal Collections: $217,082,071.10 3. Principal Allocation Percentage of Series 2003-1 Allocable Principal Collections: $191,856,152.24 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $191,856,152.24 6. Shared Principal Collections from other Series allocated to Series 2002-6: N/A 7. Other amounts Treated as Available Principal Collections: $4,490,007.97 8. Available Principal Collections (total of 5., 6. & 7.): $196,346,160.21 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $87,400,000.00 2. Required Collateral Invested Amount: $87,400,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $196,346,160.21 - 119 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-1 1. Excess Spread: $10,182,188.96 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $359,200.64 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $161,690.00 9. Applied to unpaid Monthly Servicing Fee: $1,533,333.33 10. Collateral Default Amount treated as Available Principal Collections: $426,550.76 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $7,701,414.24 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3937% b. Prior Monthly Period 3.3182% c. Second Prior Monthly Period 3.3150% 2. Three Month Average Base Rate 3.3423% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 120 -
XXV. Series 2003-2 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 1,244,631,852.69 1,100,000,000.00 144,631,852.69 Beginning Adjusted Invested Amount N/A 1,100,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 19,965,041.07 17,645,012.96 2,320,028.11 Collections of Principal Receivables 259,554,650.22 229,393,225.50 30,161,424.73 Defaulted Amount 6,074,355.37 5,368,487.79 705,867.58 Ending Invested / Transferor Amounts 1,218,614,802.63 1,100,000,000.00 118,614,802.63 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2300% 1.4900% 2.2700% Monthly Interest Due 930,187.50 109,266.67 197,679.17 1,237,133.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 930,187.50 109,266.67 197,679.17 1,237,133.33 Investor Default Amount 4,429,002.43 429,479.02 510,006.34 5,368,487.79 Investor Monthly Fees Due 1,512,500.00 146,666.67 174,166.67 1,833,333.33 Investor Additional Amounts Due Total Due 6,871,689.93 685,412.36 881,852.17 8,438,954.46 Reallocated Investor Finance Charge Collections 17,645,012.96 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3961% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 907,500,000.00 88,000,000.00 104,500,000.00 1,100,000,000.00 Interest Distributions 930,187.50 109,266.67 197,679.17 1,237,133.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 930,187.50 109,266.67 197,679.17 1,237,133.33 Ending Certificates Balance 907,500,000.00 88,000,000.00 104,500,000.00 1,100,000,000.00
- 121 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.03 2. Amount of the distribution in respect of Class A Monthly Interest: $1.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.24 2. Amount of the distribution in respect of Class B monthly interest: $1.24 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 122 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $197,679.17 2. Amount distributed in respect of Collateral Monthly Interest: $197,679.17 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 123 - J. Application of Reallocated Investor Finance Charge Collections. 1 . Class A Available Funds: $14,557,135.70 a. Class A Monthly Interest: $930,187.50 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $4,429,002.43 e. Excess Spread: $9,197,945.77 2. Class B Available Funds: $1,411,601.04 a. Class B Monthly Interest: $109,266.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,302,334.37 3. Collateral Available Funds: $1,676,276.23 a. Excess Spread: $1,676,276.23 4. Total Excess Spread: $12,176,556.37 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2003-2 Allocable Principal Collections: $259,554,650.22 3. Principal Allocation Percentage of Series 2003-2 Allocable Principal Collections: $229,393,225.50 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $229,393,225.50 6. Shared Principal Collections from other Series allocated to Series 2003-2: N/A 7. Other amounts Treated as Available Principal Collections: $5,368,487.79 8. Available Principal Collections (total of 5., 6. & 7.): $234,761,713.29 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $104,500,000.00 2. Required Collateral Invested Amount: $104,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $234,761,713.29 - 124 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-2 1. Excess Spread: $12,176,556.37 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $429,479.02 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $197,679.17 9. Applied to unpaid Monthly Servicing Fee: $1,833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $510,006.34 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $9,206,058.51 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3961% b. Prior Monthly Period 3.3206% c. Second Prior Monthly Period 3.3174% 2. Three Month Average Base Rate 3.3447% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 125 -
XXVI. Series 2003-3 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 848,612,626.83 750,000,000.00 98,612,626.83 Beginning Adjusted Invested Amount N/A 750,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 13,612,528.00 12,030,690.66 1,581,837.34 Collections of Principal Receivables 176,969,079.70 156,404,471.93 20,564,607.77 Defaulted Amount 4,141,605.93 3,660,332.58 481,273.35 Ending Invested / Transferor Amounts 830,873,729.06 750,000,000.00 80,873,729.06 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.2300% 1.4700% 2.2400% Monthly Interest Due 634,218.75 73,500.00 133,000.00 840,718.75 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 634,218.75 73,500.00 133,000.00 840,718.75 Investor Default Amount 3,019,774.38 292,826.61 347,731.60 3,660,332.58 Investor Monthly Fees Due 1,031,250.00 100,000.00 118,750.00 1,250,000.00 Investor Additional Amounts Due Total Due 4,685,243.13 466,326.61 599,481.60 5,751,051.33 Reallocated Investor Finance Charge Collections 12,030,690.66 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.3916% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00 Interest Distributions 634,218.75 73,500.00 133,000.00 840,718.75 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 634,218.75 73,500.00 133,000.00 840,718.75 Ending Certificates Balance 618,750,000.00 60,000,000.00 71,250,000.00 750,000,000.00
- 126 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.02 2. Amount of the distribution in respect of Class A Monthly Interest: $1.02 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.23 2. Amount of the distribution in respect of Class B monthly interest: $1.23 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 127 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $133,000.00 2. Amount distributed in respect of Collateral Monthly Interest: $133,000.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 128 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,925,319.79 a. Class A Monthly Interest: $634,218.75 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $3,019,774.38 e. Excess Spread: $6,271,326.66 2. Class B Available Funds: $962,455.25 a. Class B Monthly Interest: $73,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $888,955.25 3 . Collateral Available Funds: $1,142,915.61 a. Excess Spread: $1,142,915.61 4. Total Excess Spread: $8,303,197.53 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2003-3 Allocable Principal Collections: $176,969,079.70 3. Principal Allocation Percentage of Series 2003-3 Allocable Principal Collections: $156,404,471.93 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $156,404,471.93 6. Shared Principal Collections from other Series allocated to Series 2003-3: N/A 7. Other amounts Treated as Available Principal Collections: $3,660,332.58 8. Available Principal Collections (total of 5., 6. & 7.): $160,064,804.52 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $71,250,000.00 2. Required Collateral Invested Amount: $71,250,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $160,064,804.52 - 129 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-3 1. Excess Spread: $8,303,197.53 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $292,826.61 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $133,000.00 9. Applied to unpaid Monthly Servicing Fee: $1,250,000.00 10. Collateral Default Amount treated as Available Principal Collections: $347,731.60 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $6,279,639.32 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.3916% b. Prior Monthly Period 3.3161% c. Second Prior Monthly Period 3.3129% 2. Three Month Average Base Rate 3.3402% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 130 -
XXVII. Series 2003-4 Certificates - ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest - ---------------------------------- ----------- -------------- ----------- Beginning Invested /Transferor Amount 769,408,781.66 680,000,000.00 89,408,781.66 Beginning Adjusted Invested Amount N/A 680,000,000.00 N/A Floating Allocation Percentage N/A 88.3796% 11.6205% Principal Allocation Percentage N/A 88.3796% 11.6205% Collections of Finance Chg. Receivables 12,342,025.39 10,907,826.20 1,434,199.19 Collections of Principal Receivables 160,451,965.59 141,806,721.22 18,645,244.38 Defaulted Amount 3,755,056.05 3,318,701.54 436,354.50 Ending Invested / Transferor Amounts 753,325,514.35 680,000,000.00 73,325,514.35 - ----------------------------------------------------------------------------------------------------------------------------------- Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total - -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon September 15, 2003 to October 14, 2003 1.6900% 1.9000% 2.0200% Monthly Interest Due 828,381.67 64,600.00 85,850.00 978,831.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 828,381.67 64,600.00 85,850.00 978,831.67 Investor Default Amount 2,870,676.84 199,122.09 248,902.62 3,318,701.54 Investor Monthly Fees Due 980,333.33 68,000.00 85,000.00 1,133,333.33 Investor Additional Amounts Due Total Due 4,679,391.84 331,722.09 419,752.62 5,430,866.54 Reallocated Investor Finance Charge Collections 10,907,826.20 Interest and Principal Funding Investment Proceeds 0.00 Interest on Reserve Account 0.00 Series Adjusted Portfolio Yield 13.1406% Base Rate 3.7791% - ----------------------------------------------------------------------------------------------------------------------------------- Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total - -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 588,200,000.00 40,800,000.00 51,000,000.00 680,000,000.00 Interest Distributions 828,381.67 64,600.00 85,850.00 978,831.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 828,381.67 64,600.00 85,850.00 978,831.67 Ending Certificates Balance 588,200,000.00 40,800,000.00 51,000,000.00 680,000,000.00
- 131 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $1.41 2. Amount of the distribution in respect of Class A Monthly Interest: $1.41 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $1.58 2. Amount of the distribution in respect of Class B monthly interest: $1.58 3. Amount of the distribution in respect of Class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of Class B additional interest: $0.00 5. Amount of the distribution in respect of Class B principal: $0.00 - 132 - G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $85,850.00 2. Amount distributed in respect of Collateral Monthly Interest: $85,850.00 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 - 133 - J. Application of Reallocated Investor Finance Charge Collections. 1. Class A Available Funds: $9,435,269.66 a. Class A Monthly Interest: $828,381.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount (Treated as Available Principal Collections): $2,870,676.84 e. Excess Spread: $5,736,211.16 2. Class B Available Funds: $654,469.57 a. Class B Monthly Interest: $64,600.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $589,869.57 3. Collateral Available Funds: $818,086.96 a. Excess Spread: $818,086.96 4. Total Excess Spread: $7,144,167.69 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 88.3795% 2. Series 2003-4 Allocable Principal Collections: $160,451,965.59 3. Principal Allocation Percentage of Series 2003-4 Allocable Principal Collections: $141,806,721.22 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $141,806,721.22 6. Shared Principal Collections from other Series allocated to Series 2003-4: N/A 7. Other amounts Treated as Available Principal Collections: $3,318,701.54 8. Available Principal Collections (total of 5., 6. & 7.): $145,125,422.76 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount: $51,000,000.00 2. Required Collateral Invested Amount: $51,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $145,125,422.76 - 134 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2003-4 1. Excess Spread: $7,144,167.69 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $199,122.09 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $85,850.00 9. Applied to unpaid Monthly Servicing Fee: $1,133,333.33 10. Collateral Default Amount treated as Available Principal Collections: $248,902.62 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 l4. Balance: $5,476,959.65 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 3.7791% b. Prior Monthly Period 3.6614% c. Second Prior Monthly Period 3.6612% 2. Three Month Average Base Rate 3.7006% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 13.1406% b. Prior Monthly Period 13.2725% c. Second Prior Monthly Period 13.0656% 4. Three Month Average Series Adjusted Portfolio Yield 13.1595% - 135 - -----END PRIVACY-ENHANCED MESSAGE-----