Exhibit 20.1
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Please contact Kim Jeske at (262) 636-6644 with any questions regarding this report or email abs@cnh.com. For additional information consult http://investors.cnh.com.
|
| 502030 |
| 502031 |
| 502033 |
| 502051 |
| 5502030 |
| 5502031 |
| 5502033 |
| 5502051 |
| 502034 |
|
Cutoff Date |
| 10/31/2004 |
| ||||||||||||||||
Date Added |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 2/28/2002 |
| 3/31/2002 |
|
Pool |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
| Pool 9 |
|
Scheduled Cashflows |
| 76,514.41 |
| 1,168,934.60 |
| 13,634.10 |
| 108,121.33 |
| 352,522.39 |
| 1,430,136.72 |
| 26,059.80 |
| 297,057.41 |
| 193,205.56 |
|
|
| 392,685.69 |
| 5,948,976.38 |
| 99,067.29 |
| 734,023.56 |
| 397,266.18 |
| 4,570,690.13 |
| 65,481.05 |
| 3,088,385.48 |
| 398,290.36 |
|
|
| 730,293.11 |
| 8,892,516.37 |
| 132,328.06 |
| 791,213.69 |
| 415,730.70 |
| 3,679,267.74 |
| 89,927.55 |
| 895,326.07 |
| 680,912.01 |
|
|
| 1,536,341.52 |
| 6,550,436.26 |
| 167,627.88 |
| 232,269.88 |
| 1,397,459.33 |
| 2,604,735.96 |
| 224,701.48 |
| 288,109.16 |
| 592,358.04 |
|
|
| 4,090,125.88 |
| 1,332,502.66 |
| 213,625.64 |
| 27,813.98 |
| 2,129,764.81 |
| 1,118,012.50 |
| 202,909.94 |
| 4,066.24 |
| 2,274,990.84 |
|
|
| 537,716.44 |
| 1,219,043.54 |
| 21,452.24 |
| 17,601.03 |
| 345,917.05 |
| 1,132,649.29 |
| 4,979.80 |
| 3,365.46 |
| 4,598,626.81 |
|
|
| 318,708.68 |
| 1,174,784.67 |
| 15,420.05 |
| 15,434.99 |
| 359,714.04 |
| 1,179,142.08 |
| 6,125.28 |
| 3,025.51 |
| 524,041.07 |
|
|
| 322,679.01 |
| 1,176,051.34 |
| 15,420.05 |
| 15,434.99 |
| 314,298.18 |
| 1,250,275.20 |
| 1,102.23 |
| 4,666.83 |
| 327,074.39 |
|
|
| 230,950.32 |
| 1,154,014.98 |
| 15,420.05 |
| 26,144.27 |
| 310,984.83 |
| 1,281,350.62 |
| 2,630.40 |
| 14,241.28 |
| 337,601.45 |
|
|
| 310,640.83 |
| 1,322,820.16 |
| 15,420.05 |
| 15,434.99 |
| 364,914.83 |
| 1,345,548.59 |
| 5,116.13 |
| 4,666.83 |
| 291,157.87 |
|
|
| 334,718.43 |
| 1,081,824.93 |
| 15,420.05 |
| 15,434.99 |
| 401,755.94 |
| 1,184,075.54 |
| 2,630.40 |
| 4,666.83 |
| 373,749.21 |
|
|
| 274,404.92 |
| 1,165,416.02 |
| 15,420.05 |
| 15,434.99 |
| 322,827.01 |
| 1,179,672.64 |
| 2,630.40 |
| 4,666.83 |
| 549,429.80 |
|
|
| 263,747.31 |
| 2,051,655.05 |
| 25,438.80 |
| 15,434.99 |
| 333,266.68 |
| 1,928,082.67 |
| 5,116.13 |
| 4,666.83 |
| 332,291.70 |
|
|
| 404,865.90 |
| 5,306,987.43 |
| 15,420.05 |
| 36,576.18 |
| 391,747.17 |
| 4,124,284.22 |
| 2,630.40 |
| 10,249.30 |
| 323,571.08 |
|
|
| 587,559.87 |
| 6,730,965.24 |
| 17,078.62 |
| 41,587.09 |
| 342,251.65 |
| 2,878,360.79 |
| 11,124.73 |
| 126,070.08 |
| 521,370.21 |
|
|
| 1,220,650.53 |
| 4,718,911.20 |
| 15,419.95 |
| 6,649.83 |
| 1,136,241.86 |
| 1,990,978.08 |
| 31,461.26 |
| 44,231.37 |
| 449,391.03 |
|
|
| 2,856,398.54 |
| 832,497.92 |
| 29,156.32 |
| 6,649.83 |
| 1,714,395.65 |
| 764,249.85 |
| 10,558.73 |
| 249.90 |
| 1,610,147.36 |
|
|
| 342,714.23 |
| 778,453.74 |
| 11,049.71 |
| 6,649.83 |
| 242,365.42 |
| 762,202.48 |
| 1,102.23 |
| 249.90 |
| 3,483,781.18 |
|
|
| 219,320.65 |
| 736,684.11 |
| 11,049.71 |
| 6,649.83 |
| 239,934.36 |
| 792,914.68 |
| 3,587.96 |
| 103.97 |
| 365,889.81 |
|
|
| 216,895.27 |
| 690,559.83 |
| 11,049.71 |
| 6,649.83 |
| 215,246.13 |
| 848,932.86 |
| 1,102.23 |
| 1,641.32 |
| 195,230.12 |
|
|
| 133,412.68 |
| 636,558.65 |
| 11,049.71 |
| 17,359.11 |
| 209,225.52 |
| 862,588.84 |
| 2,630.40 |
| 11,215.77 |
| 182,975.02 |
|
|
| 201,294.41 |
| 782,860.74 |
| 11,049.71 |
| 6,649.83 |
| 248,679.24 |
| 859,022.80 |
| 5,116.13 |
| 1,641.32 |
| 156,568.38 |
|
|
| 206,117.68 |
| 594,197.02 |
| 11,049.71 |
| 6,649.83 |
| 271,891.16 |
| 762,265.82 |
| 2,630.40 |
| 1,641.32 |
| 240,943.58 |
|
|
| 177,937.62 |
| 626,152.03 |
| 11,049.71 |
| 6,649.83 |
| 217,199.60 |
| 774,000.34 |
| 2,630.40 |
| 1,641.32 |
| 348,404.44 |
|
|
| 161,057.03 |
| 1,377,333.35 |
| 11,049.71 |
| 6,649.53 |
| 218,906.22 |
| 1,373,076.49 |
| 5,116.13 |
| 1,641.31 |
| 179,591.25 |
|
|
| 298,790.78 |
| 4,241,853.96 |
| 11,049.71 |
| 26,717.35 |
| 256,775.65 |
| 3,200,768.29 |
| 2,630.30 |
| 7,223.60 |
| 147,051.27 |
|
|
| 374,465.60 |
| 4,724,444.43 |
| 10,208.28 |
| 32,810.88 |
| 221,813.70 |
| 1,839,287.54 |
| 11,124.73 |
| 125,820.09 |
| 337,340.27 |
|
|
| 902,142.23 |
| 3,040,526.17 |
| 10,208.28 |
| 4,829.12 |
| 850,421.77 |
| 1,007,952.01 |
| 31,460.77 |
| 43,981.47 |
| 281,685.97 |
|
|
| 2,097,370.72 |
| 155,662.73 |
| 27,298.18 |
| 0.00 |
| 1,208,767.14 |
| 83,596.95 |
| 9,456.50 |
| 0.00 |
| 1,241,952.78 |
|
|
| 137,291.05 |
| 74,089.25 |
| 944.75 |
| 0.00 |
| 66,443.99 |
| 71,927.20 |
| 0.00 |
| 0.00 |
| 2,588,189.39 |
|
|
| 8,076.57 |
| 33,499.21 |
| 944.75 |
| 0.00 |
| 37,898.10 |
| 68,484.98 |
| 0.00 |
| 0.00 |
| 160,227.88 |
|
|
| 1,078.22 |
| 82,471.57 |
| 0.00 |
| 0.00 |
| 18,366.75 |
| 46,677.92 |
| 0.00 |
| 0.00 |
| 10,269.73 |
|
|
| 1,078.22 |
| 10,467.55 |
| 0.00 |
| 0.00 |
| 14,899.95 |
| 71,313.64 |
| 0.00 |
| 0.00 |
| 20,772.25 |
|
|
| 18,909.83 |
| 14,172.96 |
| 0.00 |
| 0.00 |
| 14,899.95 |
| 56,995.08 |
| 0.00 |
| 0.00 |
| 7,564.37 |
|
|
| 18,169.78 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 14,629.78 |
| 53,079.00 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 1,078.22 |
| 4,313.38 |
| 0.00 |
| 0.00 |
| 14,620.21 |
| 51,122.77 |
| 0.00 |
| 0.00 |
| 21,860.72 |
|
|
| 6,706.93 |
| 43,529.71 |
| 0.00 |
| 0.00 |
| 14,620.21 |
| 83,255.52 |
| 0.00 |
| 0.00 |
| 21,934.23 |
|
|
| 1,078.22 |
| 136,874.83 |
| 0.00 |
| 0.00 |
| 33,454.90 |
| 202,393.16 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 48,439.73 |
| 130,218.98 |
| 0.00 |
| 0.00 |
| 14,396.82 |
| 122,288.75 |
| 0.00 |
| 0.00 |
| 23,512.44 |
|
|
| 35,861.50 |
| 116,051.89 |
| 0.00 |
| 0.00 |
| 53,644.02 |
| 80,116.74 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 46,508.95 |
| 370.79 |
| 0.00 |
| 0.00 |
| 60,538.87 |
| 1,325.63 |
| 0.00 |
| 0.00 |
| 2,973.45 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 5,138.10 |
| 0.00 |
| 0.00 |
| 0.00 |
| 60,310.45 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 6,353.93 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 369.66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| 20,144,797.51 |
| 70,872,358.97 |
| 991,820.88 |
| 2,249,525.58 |
| 15,795,835.86 |
| 47,717,102.11 |
| 773,773.89 |
| 4,994,512.80 |
| 24,466,158.12 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
| 19,269,125.05 |
| 70,171,855.97 |
| 1,050,727.02 |
| 3,090,224.80 |
| 15,166,293.70 |
| 47,554,093.99 |
| 826,823.19 |
| 5,846,177.33 |
| 23,206,568.06 |
|
Scheduled Contract Value Decline |
| 328,632.17 |
| 2,920,888.78 |
| 97,474.18 |
| 784,225.48 |
| 612,123.58 |
| 3,133,820.22 |
| 85,694.75 |
| 879,348.71 |
| 476,762.74 |
|
Unscheduled Contract Value Decline |
| 207,932.50 |
| 928,369.66 |
| 1,790.72 |
| 102,527.16 |
| (118,500.99 | ) | (169,823.95 | ) | (6,848.20 | ) | 46,742.68 |
| 64,798.93 |
|
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 18,732,560.38 |
| 66,322,597.53 |
| 951,462.12 |
| 2,203,472.16 |
| 14,672,671.11 |
| 44,590,097.72 |
| 747,976.64 |
| 4,920,085.94 |
| 22,665,006.40 |
|
|
| 502035 |
| 5502034 |
| 5502035 |
| 502036 |
| 502037 |
| 502038 |
| 5502036 |
| 5502037 |
|
Cutoff Date |
| 10/31/2004 |
| ||||||||||||||
Date Added |
| 3/31/2002 |
| 3/31/2002 |
| 3/31/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
| 4/30/2002 |
|
Pool |
| Pool 10 |
| Pool 11 |
| Pool 12 |
| Pool 13 |
| Pool 14 |
| Pool 15 |
| Pool 16 |
| Pool 17 |
|
Scheduled Cashflows |
| 21,510.35 |
| 333,377.10 |
| 24,865.80 |
| 305,092.58 |
| 37,102.79 |
| 119,293.27 |
| 386,541.90 |
| 65,071.29 |
|
|
| 123,005.03 |
| 487,198.38 |
| 141,150.39 |
| 619,504.61 |
| 169,539.51 |
| 0.00 |
| 602,955.02 |
| 201,723.25 |
|
|
| 150,873.07 |
| 598,501.71 |
| 155,232.10 |
| 933,164.89 |
| 220,925.49 |
| 0.00 |
| 768,591.70 |
| 223,625.27 |
|
|
| 140,508.77 |
| 526,319.14 |
| 163,670.12 |
| 697,632.55 |
| 219,394.75 |
| 0.00 |
| 671,316.46 |
| 222,872.10 |
|
|
| 204,328.75 |
| 1,977,097.09 |
| 353,533.11 |
| 752,432.69 |
| 232,618.69 |
| 0.00 |
| 624,752.88 |
| 227,706.78 |
|
|
| 204,633.29 |
| 1,983,740.90 |
| 239,123.65 |
| 3,847,892.86 |
| 461,811.52 |
| 0.00 |
| 2,358,860.36 |
| 445,300.44 |
|
|
| 33,635.71 |
| 423,482.62 |
| 5,405.42 |
| 5,543,340.27 |
| 304,581.64 |
| 0.00 |
| 2,283,415.69 |
| 232,876.18 |
|
|
| 17,929.58 |
| 446,466.47 |
| 1,262.44 |
| 531,867.81 |
| 30,766.68 |
| 0.00 |
| 562,237.02 |
| 6,240.87 |
|
|
| 17,929.58 |
| 436,634.12 |
| 1,262.44 |
| 485,285.86 |
| 23,221.74 |
| 0.00 |
| 582,760.25 |
| 7,103.06 |
|
|
| 19,368.69 |
| 432,849.18 |
| 1,262.44 |
| 472,110.37 |
| 20,490.34 |
| 0.00 |
| 579,846.30 |
| 7,103.06 |
|
|
| 19,368.69 |
| 472,705.84 |
| 6,789.69 |
| 493,426.35 |
| 20,490.18 |
| 0.00 |
| 544,839.91 |
| 7,103.06 |
|
|
| 19,368.69 |
| 585,528.91 |
| 1,262.44 |
| 629,366.63 |
| 12,407.22 |
| 0.00 |
| 662,192.00 |
| 12,001.33 |
|
|
| 27,730.79 |
| 452,055.52 |
| 1,262.44 |
| 596,137.57 |
| 12,407.22 |
| 0.00 |
| 667,990.63 |
| 7,103.06 |
|
|
| 19,368.69 |
| 454,087.63 |
| 1,262.44 |
| 591,698.00 |
| 12,407.22 |
| 0.00 |
| 585,119.04 |
| 7,103.06 |
|
|
| 30,635.84 |
| 497,423.45 |
| 1,262.44 |
| 690,171.14 |
| 12,407.22 |
| 0.00 |
| 674,614.96 |
| 5,328.37 |
|
|
| 17,929.58 |
| 461,506.69 |
| 1,262.44 |
| 556,590.77 |
| 12,407.22 |
| 0.00 |
| 553,472.73 |
| 5,328.37 |
|
|
| 17,929.58 |
| 1,629,916.22 |
| 12,399.39 |
| 596,471.58 |
| 32,407.22 |
| 0.00 |
| 518,776.05 |
| 5,328.37 |
|
|
| 51,077.13 |
| 1,467,453.06 |
| 28,912.77 |
| 2,758,579.67 |
| 32,638.81 |
| 0.00 |
| 1,989,335.53 |
| 72,101.27 |
|
|
| 16,931.48 |
| 338,704.72 |
| 165.03 |
| 3,849,419.26 |
| 49,582.39 |
| 0.00 |
| 1,843,218.38 |
| 37,984.50 |
|
|
| 16,931.48 |
| 343,018.58 |
| 165.03 |
| 327,366.73 |
| 8,645.81 |
| 0.00 |
| 401,098.29 |
| 1,570.38 |
|
|
| 16,931.48 |
| 330,811.60 |
| 165.03 |
| 315,620.16 |
| 8,645.81 |
| 0.00 |
| 425,903.96 |
| 3,345.07 |
|
|
| 18,370.59 |
| 326,838.04 |
| 165.03 |
| 268,348.85 |
| 8,645.81 |
| 0.00 |
| 417,749.03 |
| 3,345.07 |
|
|
| 18,370.59 |
| 356,970.49 |
| 5,692.28 |
| 310,172.29 |
| 8,645.81 |
| 0.00 |
| 384,221.72 |
| 3,345.07 |
|
|
| 18,370.59 |
| 452,726.28 |
| 165.03 |
| 404,176.37 |
| 8,645.81 |
| 0.00 |
| 485,165.36 |
| 8,243.34 |
|
|
| 26,732.69 |
| 329,847.44 |
| 165.03 |
| 356,475.23 |
| 8,645.81 |
| 0.00 |
| 473,778.89 |
| 3,345.07 |
|
|
| 18,370.59 |
| 340,731.10 |
| 165.03 |
| 409,999.40 |
| 8,645.81 |
| 0.00 |
| 436,527.91 |
| 3,344.87 |
|
|
| 29,637.86 |
| 379,329.23 |
| 165.03 |
| 422,456.45 |
| 8,645.81 |
| 0.00 |
| 494,519.45 |
| 1,570.38 |
|
|
| 16,229.78 |
| 331,574.49 |
| 165.03 |
| 356,903.38 |
| 8,645.81 |
| 0.00 |
| 403,957.91 |
| 1,570.38 |
|
|
| 15,885.22 |
| 1,388,050.23 |
| 11,302.28 |
| 376,961.46 |
| 28,645.81 |
| 0.00 |
| 361,548.89 |
| 1,570.38 |
|
|
| 43,008.99 |
| 1,053,557.62 |
| 14,120.00 |
| 2,082,446.15 |
| 19,205.45 |
| 0.00 |
| 1,454,401.10 |
| 43,216.78 |
|
|
| 1,306.27 |
| 44,791.95 |
| 0.00 |
| 2,766,275.42 |
| 33,537.56 |
| 0.00 |
| 1,219,332.85 |
| 26,907.87 |
|
|
| 1,306.07 |
| 29,590.57 |
| 0.00 |
| 150,524.64 |
| 1,409.99 |
| 0.00 |
| 42,564.02 |
| 0.00 |
|
|
| 0.00 |
| 37,352.60 |
| 0.00 |
| 79,028.53 |
| 1,409.99 |
| 0.00 |
| 52,686.22 |
| 0.00 |
|
|
| 0.00 |
| 27,917.90 |
| 0.00 |
| 1,208.59 |
| 1,409.99 |
| 0.00 |
| 55,568.74 |
| 0.00 |
|
|
| 0.00 |
| 27,380.02 |
| 0.00 |
| 33,542.29 |
| 1,409.99 |
| 0.00 |
| 36,379.97 |
| 0.00 |
|
|
| 0.00 |
| 75,867.61 |
| 0.00 |
| 88,830.08 |
| 1,409.99 |
| 0.00 |
| 41,650.15 |
| 0.00 |
|
|
| 0.00 |
| 27,234.30 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 41,176.75 |
| 0.00 |
|
|
| 0.00 |
| 27,234.30 |
| 0.00 |
| 91,061.98 |
| 1,409.99 |
| 0.00 |
| 50,355.09 |
| 0.00 |
|
|
| 0.00 |
| 34,228.85 |
| 0.00 |
| 19,668.71 |
| 1,409.99 |
| 0.00 |
| 63,318.69 |
| 0.00 |
|
|
| 0.00 |
| 26,918.24 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 33,415.94 |
| 0.00 |
|
|
| 0.00 |
| 65,313.02 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 33,129.36 |
| 0.00 |
|
|
| 0.00 |
| 80,849.71 |
| 0.00 |
| 40,266.47 |
| 1,409.99 |
| 0.00 |
| 144,755.02 |
| 0.00 |
|
|
| 0.00 |
| 543.87 |
| 0.00 |
| 31,019.12 |
| 1,410.21 |
| 0.00 |
| 76,899.04 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 267.96 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 2,010.08 |
| 0.00 |
| 0.00 |
| 657.38 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| 1,395,515.49 |
| 20,143,726.79 |
| 1,173,781.79 |
| 33,884,547.84 |
| 2,093,729.06 |
| 119,293.27 |
| 25,091,866.50 |
| 1,900,378.35 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
| 1,457,428.32 |
| 19,141,831.92 |
| 1,290,575.48 |
| 32,379,956.68 |
| 2,251,159.62 |
| 121,276.27 |
| 23,958,052.95 |
| 2,064,366.11 |
|
Scheduled Contract Value Decline |
| 127,385.34 |
| 696,283.32 |
| 147,559.88 |
| 837,324.82 |
| 198,925.44 |
| 121,276.27 |
| 976,066.88 |
| 249,317.52 |
|
Unscheduled Contract Value Decline |
| 1,090.11 |
| (167,646.68 | ) | (1,603.72 | ) | 247,173.48 |
| 37,577.68 |
| (119,293.27 | ) | (141,306.54 | ) | (24,000.26 | ) |
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 1,328,952.87 |
| 18,613,195.28 |
| 1,144,619.32 |
| 31,295,458.38 |
| 2,014,656.50 |
| 119,293.27 |
| 23,123,292.62 |
| 1,839,048.86 |
|
1
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Settlement Date |
|
|
|
|
| ||
Scheduled Payment Date |
| 11/15/2004 |
|
|
| ||
Actual Payment Date |
| 11/15/2004 |
|
|
| ||
Collection Period Begin Date |
| 10/1/2004 |
|
|
| ||
Collection Period End Date |
| 10/31/2004 |
|
|
| ||
Days in accrual period (30/360) |
| 30 |
|
|
| ||
Days in accrual period (act/360) |
| 31 |
|
|
| ||
1 month LIBOR Rate |
| 1.8700 | % |
|
| ||
|
|
|
|
|
| ||
Collateral Summary |
|
|
|
|
| ||
Wtd. Average Discount Rate |
| 6.750 | % |
|
| ||
Beginning Contract Value |
| 268,846,536.46 |
|
|
| ||
Scheduled Contract Value Decline |
| 12,673,110.09 |
|
|
| ||
Unscheduled Contract Value Decline |
| 888,979.29 |
|
|
| ||
Additional Contract Value Purchased |
| 0.00 |
|
|
| ||
Ending Contract Value |
| 255,284,447.08 |
|
|
| ||
|
|
|
|
|
| ||
Beginning Pre-funding Account Balance |
| 0.00 |
|
|
| ||
Ending Pre-funding Account Balance |
| 0.00 |
|
|
| ||
|
|
|
|
|
| ||
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 268,846,536.46 |
|
|
| ||
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 255,284,447.08 |
|
|
| ||
Total Original Contract Value (including Additional Contracts) |
| 999,794,417.00 |
|
|
| ||
|
|
|
|
|
| ||
Collateral Performance |
|
|
|
|
| ||
Scheduled Amounts 30 - 59 days past due |
| $ | 323,794.75 |
| 0.13 | % | |
Scheduled Amounts 60 days or more past due |
| $ | 1,420,666.45 |
| 0.56 | % | |
Net Losses on Liquidated Receivables |
| $ | 186,997.37 |
| 0.07 | % | |
Cumulative Net Losses |
| $ | 4,345,803.63 |
|
|
| |
Number of Loans at Beginning of Period |
| 22,686 |
|
|
| ||
Number of Loans at End of Period |
| 21,782 |
|
|
| ||
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 583,574.53 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 466,437.63 |
|
|
| |
|
|
|
|
|
| ||
Collections and Reinvestment Income |
|
|
|
|
| ||
Receipts During the period |
| $ | 15,006,061.05 |
|
|
| |
|
|
|
|
|
| ||
Warranty Repurchases |
|
|
|
|
| ||
Contracts deferred beyond Final Scheduled Maturity Date |
| $ | 0.00 |
|
|
| |
Government obligors |
| $ | 0.00 |
|
|
| |
Total Warranty Repurchases |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Total Collections For The Period |
| $ | 15,006,061.05 |
|
|
| |
|
|
|
|
|
| ||
Reinvestment Income (excluding Pre-funding Account) |
| $ | 62,851.50 |
|
|
| |
Reinvestment Income on Pre-funding Account) |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Net Swap Receipts |
| 0.00 |
|
|
| ||
Net Swap Termination Payments due Trust from the Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period - Swap Receipt |
| $ | 15,068,912.55 |
|
|
| |
|
|
|
|
|
| ||
Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
2
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
|
|
|
|
|
|
| 11/15/2004 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Calculation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 224,038.78 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 224,038.78 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Administration Fee Due |
|
|
|
|
| $ | 500.00 |
| $ | 166.67 |
|
|
|
Past Due Administration Fee |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
Total Administration Fee Due |
|
|
|
|
|
|
| $ | 166.67 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
|
|
| $ | 268,846,536.46 |
|
|
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 67,156,140.37 |
|
|
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 183,625,000.00 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 8,065,396.09 |
|
|
| |
C notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Current Interest Due |
| 2.0825 | % | act/360 |
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Current Interest Due |
| 3.1300 | % | 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.87000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.25000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.12000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
| $ | 122,597.27 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 108,140.04 |
|
|
| |
Class A-3 Swap fixed Rate payment due |
| 4.2130 | % | 30/360 |
|
|
| $ | 235,774.02 |
|
|
| |
|
|
|
|
|
|
|
| �� |
|
|
| ||
Class A-3 Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-3 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-3 Net Swap payment |
|
|
|
|
|
|
| 127,633.98 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.87000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.30000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.17000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
| $ | 343,123.72 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 295,687.26 |
|
|
| |
Class A-4 Swap fixed Rate payment due |
| 4.9950 | % | 30/360 |
|
|
| $ | 764,339.06 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-4 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class A-4 Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class A-4 Net Swap payment |
|
|
|
|
|
|
| 468,651.80 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.87000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.97000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.84000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
|
|
| $ | 19,724.37 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 12,987.53 |
|
|
| |
Class B Swap fixed Rate payment due |
| 4.3230 | % | 30/360 |
|
|
| $ | 29,055.59 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class B Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class B Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class B Net Swap payment |
|
|
|
|
|
|
| 16,068.06 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.87000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 1.90000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 3.77000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
|
|
| $ | 32,463.89 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
| |
Class C Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 16,102.78 |
|
|
| |
Class C Swap fixed Rate payment due |
| 4.4675 | % | 30/360 |
|
|
| $ | 37,229.17 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class C Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class C Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class C Net Swap payment |
|
|
|
|
|
|
| 21,126.39 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Net Swap Payments Due |
|
|
|
|
|
|
| 633,480.23 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
C notes Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-4 notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
B notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
3
C notes Interest Due on Past Due Interest |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
A-1 notes Total Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-2 notes Total Interest Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-3 notes Total Interest Due |
|
|
|
|
|
|
| $ | 122,597.27 |
|
|
|
A-4 notes Total Interest Due |
|
|
|
|
|
|
| $ | 343,123.72 |
|
|
|
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 19,724.37 |
|
|
|
C notes Total Interest Due |
|
|
|
|
|
|
| $ | 32,463.89 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Class A Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 11,451,971.23 |
|
|
|
Class B Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 406,862.68 |
|
|
|
Class C Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
Reallocated Class C Principal Amount |
|
|
|
|
|
|
| $ | 1,703,255.47 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
A-1 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-2 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
A-3 notes Principal Due |
|
|
|
|
|
|
| $ | 13,155,226.70 |
|
|
|
A-4 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
Class B notes Principal Due |
|
|
|
|
|
|
| $ | 406,862.68 |
|
|
|
Class C notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Total notes Interest Due |
|
|
|
|
|
|
| $ | 517,909.25 |
|
|
|
Total notes Principal Due |
|
|
|
|
|
|
| $ | 13,562,089.38 |
|
|
|
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 633,480.23 |
|
|
|
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 14,713,478.86 |
|
|
|
4
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
| 11/15/2004 |
|
|
| |
|
|
|
|
|
| |
Cash Available for Distribution |
|
|
|
|
| |
Total Collections + Reinvestment Income For The Period |
| $ | 15,068,912.55 |
|
|
|
|
|
|
|
|
| |
Beginning Negitive Carry Account |
| $ | 0.00 |
|
|
|
Deposits from Negitive Carry Account to Distribution Account |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Beginning Spread Account Balance |
| $ | 32,493,318.55 |
|
|
|
Additional Deposit to Spread Account from Pre-funding |
| $ | 0.00 |
|
|
|
Deposits from Spread Account to Distribution Account |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Beginning Principal Supplement Account |
| $ | 0.00 |
|
|
|
Deposits from Principal Supplement Account to Distribution Account |
| $ | 0.00 |
|
|
|
|
|
|
|
|
| |
Beginning Prefunding Account |
|
|
|
|
| |
Deposits from Prefunding Account |
|
|
|
|
| |
|
|
|
|
|
| |
Total Cash Available |
| $ | 15,068,912.55 |
|
|
|
|
|
|
| Available |
| ||
Cash Allocation (Cashflow Waterfall) |
|
|
|
|
| ||
Is CNH the servicier |
| Yes |
|
|
| ||
Servicing Fee Paid (If CNH is not the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 15,068,912.55 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 15,068,745.88 |
| |
Net Swap Payment Paid |
| $ | 633,480.23 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class A Interest & Swap Termination Payment |
|
|
| $ | 14,435,265.65 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Interest |
| $ | 14,435,265.65 |
|
|
| |
Cash Available to Pay Class A Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Paid |
| $ | 122,597.27 |
|
|
| |
Class A-4 notes Interest Paid |
| $ | 343,123.72 |
|
|
| |
|
|
|
|
|
| ||
Class A-1 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-2 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-3 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
Class A-4 notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Termination Payment |
| $ | 13,969,544.66 |
|
|
| |
|
|
|
|
|
| ||
Class A Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class A Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class A Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class A Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class A Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class B Interest & Swap Termination Payment |
|
|
| $ | 13,969,544.66 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Interest |
| $ | 13,969,544.66 |
|
|
| |
Cash Available to Pay Class B Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B notes Interest Paid |
| $ | 19,724.37 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Termination Payment |
| $ | 13,949,820.29 |
|
|
| |
|
|
|
|
|
| ||
Class B Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class B Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class B Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class B Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class C Interest & Swap Termination Payment |
|
|
| $ | 13,949,820.29 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Interest |
| $ | 13,949,820.29 |
|
|
| |
Cash Available to Pay Class C Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C notes Interest Paid |
| $ | 32,463.89 |
|
|
| |
Class C notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Termination Payment |
| $ | 13,917,356.40 |
|
|
| |
|
|
|
|
|
| ||
Class C Swap Termination Payments due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
Prior Class C Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
Total Class C Swap Termination Payment due to Swap CounterParty |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C Swap Termination Payment Paid |
| $ | 0.00 |
|
|
| |
Class C Swap Termination Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| $ | 13,917,356.40 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Principal Paid |
| $ | 13,155,226.70 |
|
|
| |
Class A-4 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class B notes Principal Paid |
| $ | 406,862.68 |
|
|
| |
5
Class C notes Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 355,267.02 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
| $ | 355,267.02 |
|
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 255,284,447.08 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-3 notes Ending Principal balance |
| $ | 54,000,913.67 |
|
|
| |
A-4 notes Ending Principal balance |
| $ | 183,625,000.00 |
|
|
| |
B notes Ending Principal balance |
| $ | 7,658,533.41 |
|
|
| |
C notes Ending Principal balance |
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 224,038.78 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
Release to Seller as Excess |
| $ | 131,228.24 |
| $ | 131,228.24 |
|
6
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Actual Payment Date |
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| 11/15/2004 |
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| Amount |
| Factor |
| Per/$1000 |
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Summary and Factors |
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Total Principal Balance of Notes and Certificates (Beginning of Period) |
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| $ | 268,846,536.46 |
| 0.2688465 |
| $ | 268.85 |
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A-1 notes Beginning Principal balance |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-2 notes Beginning Principal balance |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-3 notes Beginning Principal balance |
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| $ | 67,156,140.37 |
| 0.1886308 |
| $ | 188.63 |
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A-4 notes Beginning Principal balance |
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| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
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B notes Beginning Principal balance |
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| $ | 8,065,396.09 |
| 0.2688465 |
| $ | 268.85 |
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C notes Beginning Principal balance |
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| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
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Total Principal Balance of Notes and Certificates (End of Period) |
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| $ | 255,284,447.08 |
| 0.2552844 |
| $ | 255.28 |
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A-1 notes Ending Principal balance |
| 2.0825 | % | $ | 162,400,000.00 |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-2 notes Ending Principal balance |
| 3.1300 | % | $ | 235,456,000.00 |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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A-3 notes Ending Principal balance |
| 4.4630 | % | $ | 356,019,000.00 |
| $ | 54,000,913.67 |
| 0.1516799 |
| $ | 151.68 |
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A-4 notes Ending Principal balance |
| 5.2950 | % | $ | 183,625,000.00 |
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
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B notes Ending Principal balance |
| 5.2930 | % | $ | 30,000,000.00 |
| $ | 7,658,533.41 |
| 0.2552844 |
| $ | 255.28 |
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C notes Ending Principal balance |
| 6.3675 | % | $ | 32,500,000.00 |
| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
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Class A-1 notes Interest Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-2 notes Interest Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-3 notes Interest Paid |
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| $ | 122,597.27 |
| 0.0003444 |
| $ | 0.34 |
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Class A-4 notes Interest Paid |
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| $ | 343,123.72 |
| 0.0018686 |
| $ | 1.87 |
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Class B notes Interest Paid |
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| $ | 19,724.37 |
| 0.0006575 |
| $ | 0.66 |
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Class C notes Interest Paid |
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| $ | 32,463.89 |
| 0.0009989 |
| $ | 1.00 |
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Class A-1 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-2 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-3 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-4 notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class B notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class C notes Interest Shortfall |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-1 notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-2 notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class A-3 notes Principal Paid |
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| $ | 13,155,226.70 |
| 0.0369509 |
| $ | 36.95 |
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Class A-4 notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Class B notes Principal Paid |
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| $ | 406,862.68 |
| 0.0135621 |
| $ | 13.56 |
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Class C notes Principal Paid |
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| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
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Negative Carry Account |
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Negative Carry |
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| 3/27/2002 |
| 2.612 | % |
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Negative Carry Days Remaining |
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| 9/16/2002 |
| 0 |
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Required Negative Carry Account |
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| $ | 0.00 |
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Beginning Negative Carry Account |
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| $ | 0.00 |
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Negative Carry Account Withdrawals to Distribution Account |
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| $ | 0.00 |
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Negative Carry Released to Seller |
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| $ | 0.00 |
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Ending Negative Carry Account Balance |
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| $ | 0.00 |
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Spread Account |
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Required Spread Account Balance |
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| 3.25 | % | $ | 32,493,318.55 |
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Beginning Spread Account Balance |
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| 4.50 | % | $ | 32,493,318.55 |
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Additional Deposit to Spread Account from Pre-funding |
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| $ | 0.00 |
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Spread Account Withdrawals to Distribution Account |
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| $ | 0.00 |
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Spread Account Deposits from Excess Cash |
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| $ | 0.00 |
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Spread Account Released to Seller |
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| $ | 0.00 |
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Ending Spread Account Balance |
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| $ | 32,493,318.55 |
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Principal Supplement Account |
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Required Principal Supplement Account Balance |
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| $ | 0.00 |
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Beginning Principal Supplement Account Balance |
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| $ | 0.00 |
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Additional Deposit to Principal Supplement Account from Pre-funding |
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| $ | 0.00 |
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Principal Supplement Account Withdrawals to Distribution Account |
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| $ | 0.00 |
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Principal Supplement Account Released to Seller |
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| $ | 0.00 |
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Ending Principal Supplement Account |
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| $ | 0.00 |
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Pre-funding Account |
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Beginning Pre-funding Account Balance |
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| $ | 0.00 |
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New Contract Value Purchased |
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| $ | 0.00 |
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Deposits to Spread Account |
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| $ | 0.00 |
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Deposits to Principal Supplement Account |
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| $ | 0.00 |
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Excess Release to Noteholders for Unpurchased Amount |
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| $ | 0.00 |
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Ending Pre-funding Account Balance |
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| $ | 0.00 |
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Release to seller |
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| $ | 0.00 |
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Total Release to Seller |
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| $ | 355,433.69 |
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7
