CNH Capital Receivables 8K Other Events | SEC 20 Jan 05

Exhibit 20.1

CNH Equipment Trust 2003-B

$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004

$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006

$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008

$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008

$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011

$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011

$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011

$23,000,000 3.35% Asset Backed Certificates

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

		1		2		3		4
		3		3		3		3
Cutoff Date		12/31/2004
Date Added		10/31/2003		11/30/2003		12/31/2003		1/31/2004
Pool	Period	Pool 1		Pool 2		Pool 3		Pool 4
Scheduled Cashflows	0	3,590,715.69		637,813.51		1,666,342.66		4,470,834.28
	1	7,917,851.16		1,301,391.47		2,010,664.12		7,799,709.36
	2	7,901,102.37		1,249,054.41		1,824,926.95		1,879,402.13
	3	8,270,977.95		1,264,700.17		2,041,524.55		2,235,289.91
	4	8,448,313.57		1,543,077.80		1,948,479.08		2,189,591.11
	5	7,674,322.18		1,362,502.21		2,248,191.93		1,943,245.07
	6	12,281,417.24		1,190,933.71		2,185,651.43		2,340,332.55
	7	15,887,123.54		1,198,914.97		1,874,463.44		2,186,983.41
	8	18,295,600.38		1,191,668.36		1,851,317.90		2,129,885.67
	9	23,639,956.21		1,575,993.72		2,237,124.17		2,291,999.00
	10	16,729,302.71		6,299,308.92		2,547,181.96		2,025,219.27
	11	8,873,482.67		5,655,129.35		8,150,387.49		2,646,402.91
	12	9,534,011.49		1,424,126.96		10,109,752.85		14,140,998.17
	13	8,276,077.25		1,394,019.67		2,030,667.06		8,733,132.37
	14	7,027,513.58		1,086,106.89		1,601,304.36		1,635,916.46
	15	7,357,648.91		1,130,359.58		1,755,820.81		1,949,557.40
	16	7,412,163.83		1,376,777.03		1,643,308.38		1,838,684.64
	17	6,673,424.75		1,167,313.17		1,892,703.53		1,554,576.56
	18	11,004,013.78		997,747.15		1,798,953.97		1,812,046.56
	19	14,264,323.95		1,002,770.27		1,514,666.49		1,725,513.80
	20	16,109,071.15		990,451.67		1,467,663.28		1,680,107.65
	21	21,080,337.65		1,317,862.66		1,851,496.57		1,758,491.55
	22	14,256,514.59		6,079,829.21		2,173,700.84		1,594,483.57
	23	6,172,000.10		5,259,006.45		7,633,288.27		2,168,874.92
	24	6,786,526.08		1,080,393.62		9,478,467.27		13,266,894.85
	25	5,795,191.35		1,003,840.37		1,530,878.85		8,294,750.04
	26	4,597,479.68		791,514.25		1,119,829.84		1,220,900.73
	27	4,856,351.66		832,059.15		1,251,484.60		1,445,751.02
	28	5,065,291.91		1,076,821.38		1,148,676.55		1,363,431.53
	29	4,294,548.27		874,248.85		1,321,177.67		1,100,720.20
	30	7,161,688.39		724,013.25		1,244,300.99		1,309,961.60
	31	9,879,143.48		712,013.69		1,049,646.81		1,252,108.27
	32	11,774,856.65		708,038.52		984,613.13		1,227,913.26
	33	15,895,463.74		1,021,487.08		1,349,377.31		1,275,071.12
	34	10,485,842.80		4,927,176.84		1,606,542.57		1,224,541.83
	35	4,563,834.04		4,226,990.58		5,790,017.98		1,621,278.92
	36	5,074,895.09		825,081.32		7,362,959.33		10,264,095.78
	37	4,300,077.15		757,174.44		1,139,049.39		6,660,426.08
	38	3,196,908.56		532,521.77		762,414.39		840,626.18
	39	3,290,605.50		631,685.52		905,679.44		1,066,435.85
	40	3,505,154.91		835,882.69		777,853.93		941,107.87
	41	2,956,363.11		615,154.39		926,545.66		709,787.54
	42	5,696,027.72		472,057.90		825,217.80		846,374.92
	43	8,826,425.68		486,918.68		679,751.90		850,080.43
	44	9,785,627.68		468,372.63		749,020.50		812,516.99
	45	12,861,924.10		803,329.75		983,821.68		882,456.93
	46	7,317,345.42		4,473,009.50		1,267,233.94		823,492.20
	47	1,289,358.70		4,014,852.30		5,012,214.24		1,457,922.92
	48	936,133.07		110,371.12		6,954,719.31		11,950,348.58
	49	559,425.06		160,558.00		346,152.11		5,702,650.05
	50	451,241.13		38,876.49		106,452.63		153,194.41
	51	347,908.57		72,367.18		122,574.70		129,516.02
	52	585,039.26		105,455.34		49,171.29		44,414.61
	53	294,588.30		65,489.58		70,053.05		54,504.32
	54	582,049.11		73,681.86		81,068.43		129,993.97
	55	842,718.68		51,394.12		65,449.08		108,713.97
	56	990,018.16		57,041.49		139,221.51		77,223.45
	57	1,615,053.88		154,649.99		49,973.39		91,436.91
	58	951,173.26		718,980.70		179,656.24		92,440.54
	59	52,975.88		672,217.21		678,084.76		122,352.48
	60	7,800.92		0.00		908,845.07		1,491,742.67
	61	0.00		0.00		0.00		857,111.57
	62	0.00		0.00		0.00		827.56
	63	0.00		0.00		0.00		0.00
	64	0.00		0.00		0.00		0.00
	65	0.00		0.00		0.00		0.00
	66	0.00		0.00		0.00		0.00
	67	0.00		0.00		0.00		0.00
	68	0.00		0.00		0.00		0.00
	69	0.00		0.00		0.00		0.00
	70	0.00		0.00		0.00		0.00
	71	0.00		0.00		0.00		0.00
	72	0.00		0.00		0.00		0.00
	73	0.00		0.00		0.00		0.00
	74	0.00		0.00		0.00		0.00
	75	0.00		0.00		0.00		0.00
	76	0.00		0.00		0.00		0.00
	77	0.00		0.00		0.00		0.00
	78	0.00		0.00		0.00		0.00

Total Amount of Scheduled Cashflow	Total	436,150,323.65		82,872,580.86		125,077,779.43		156,496,396.49
Discount Rate		5.750	%	5.750	%	5.750	%	5.750	%
Beginning Contract Value		408,847,070.41		76,928,301.91		126,255,309.83		154,281,513.97
Scheduled Contract Value Decline		11,432,644.30		1,934,286.78		10,742,129.91		14,401,567.68
Unscheduled Contract Value Decline		2,982,046.22		888,997.35		3,650,606.12		(69,699.94	)
Additional Contract Value Added	1,149,999,999.75	0.00		0.00		0.00		0.00
Ending Contract Value		394,432,379.89		74,105,017.78		111,862,573.79		139,949,646.24

CNH Equipment Trust 2003-B

$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004

$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006

$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008

$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008

$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011

$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011

$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011

$23,000,000 3.35% Asset Backed Certificates

Dated Date (30/360)	12/15/2004
Dated Date (act/360)	12/15/2004
Scheduled Payment Date	1/15/2005
Actual Payment Date	1/18/2005
Days in accrual period (30/360)	30
Days in accrual period (act/360)	34
1 month LIBOR Rate	2.40250		%

Collateral Summary
Wtd. Average Discount Rate	5.750		%
Beginning Contract Value	766,312,196.11
Scheduled Contract Value Decline	38,510,628.68
Unscheduled Contract Value Decline	7,451,949.74
Additional Contract Value Purchased	0.00
Ending Contract Value	720,349,617.70

Beginning Pre-funding Account Balance	0.25
Ending Pre-funding Account Balance	0.25

Total Beginning Balance (Pool Balance + Pre-funding Account Balance)	766,312,196.36
Total Ending Balance (Pool Balance + Pre-funding Account Balance)	720,349,617.95

Collateral Performance
Scheduled Amounts 30 - 59 days past due	$	753,992.30		0.10	%
Scheduled Amounts 60 days or more past due	$	835,905.20		0.12	%
Net Losses on Liquidated Receivables	$	219,603.31		0.03	%
Cumulative Net Losses	$	1,514,542.58
Number of Loans at Beginning of Period	36,480
Number of Loans at End of Period	35,717
Repossessed Equipment not Sold or Reassigned (Beginning)	$	730,239.83
Repossessed Equipment not Sold or Reassigned (End)	$	962,913.27

Collections and Reinvestment Income
Receipts During the period	$	49,395,855.56

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	$	49,395,855.56

Reinvestment Income (excluding Pre-funding Account)	$	108,865.76
Reinvestment Income on Pre-funding Account)	$	0.00

Net Swap Receipts	62,991.46
Net Swap Termination Payments due Trust from the Swap CounterParty	$	0.00

Total Collections + Reinvestment Income For The Period + Swap Receipt	$	49,567,712.78

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

CNH Equipment Trust 2003-B

$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004

$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006

$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008

$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008

$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011

$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011

$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011

$23,000,000 3.35% Asset Backed Certificates

Actual Payment Date

1/18/2005

Caclulation of Distributable Amounts

Backup Servicer Engaged?			YES
Current Backup Servicing Fee Due			$	12,771.87
Past Due Backup Servicing Fee			$	0.00
Total Backup Servicing Fee Due			$	12,771.87

CNH or SST?			CNH
Current Servicing Fee Due			$	638,593.50
Past Due Servicing Fee			$	0.00
Total Servicing Fee Due			$	638,593.50

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)			$	766,312,196.36
A-1 notes Beginning Principal balance			$	0.00
A-2 notes Beginning Principal balance			$	123,791,269.49
A-3a notes Beginning Principal balance			$	205,500,000.00
A-3b notes Beginning Principal balance			$	139,500,000.00
A-4a notes Beginning Principal balance			$	133,200,000.00
A-4b notes Beginning Principal balance			$	114,500,000.00
B notes Beginning Principal balance			$	26,820,926.87
Certificate Beginning Principal balance			$	23,000,000.00

	Type	Coupon/ Spread		Swap Adj. Coupon		Daycount
A-1 notes Current Interest Due	Fix	1.23000	%	1.23000	%	act/360	$	0.00
A-2 notes Current Interest Due	Fix	1.71000	%	1.71000	%	30/360	$	176,402.56
A-3a notes Current Interest Due	Flt	0.14000	%	2.49500	%	act/360	$	493,456.88
A-3b notes Current Interest Due	Fix	2.47000	%	2.47000	%	30/360	$	287,137.50
A-4a notes Current Interest Due	Flt	0.23000	%	3.37500	%	act/360	$	331,168.50
A-4b notes Current Interest Due	Fix	3.38000	%	3.38000	%	30/360	$	322,508.33
B notes Current Interest Due	Fix	3.35000	%	3.35000	%	30/360	$	74,875.09
Certificate Current Interest Due	Fix	3.35000	%	3.35000	%	30/360	$	64,208.33

A-1 notes Past Due Interest							$	0.00
A-2 notes Past Due Interest							$	0.00
A-3a notes Past Due Interest							$	0.00
A-3b notes Past Due Interest							$	0.00
A-4a notes Past Due Interest							$	0.00
A-4b notes Past Due Interest							$	0.00
B notes Past Due Interest							$	0.00
Certificate 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-3a notes Interest Due on Past Due Interest							$	0.00
A-3b notes Interest Due on Past Due Interest							$	0.00
A-4a notes Interest Due on Past Due Interest							$	0.00
A-4b notes Interest Due on Past Due Interest							$	0.00
B notes Interest Due on Past Due Interest							$	0.00
Certificate Interest Due on Past Due Interest							$	0.00

A-1 notes Total Interest Due							$	0.00
A-2 notes Total Interest Due							$	176,402.56
A-3a notes Total Interest Due							$	493,456.88
A-3b notes Total Interest Due							$	287,137.50
A-4a notes Total Interest Due							$	331,168.50
A-4b notes Total Interest Due							$	322,508.33
B notes Total Interest Due							$	74,875.09
Certificate Total Interest Due							$	64,208.33

	1 Month LIBOR Fixed Coupon
A-1 Net Swap Payment Due	0.00000	%	$	0.00
A-2 Net Swap Payment Due	0.00000	%	$	0.00
A-3a Net Swap Payment Due	2.35500	%	$	0.00
A-3b Net Swap Payment Due	0.00000	%	$	0.00
A-4a Net Swap Payment Due	3.14500	%	$	46,860.50
A-4b Net Swap Payment Due	0.00000	%	$	0.00
B Net Swap Payment Due	0.00000	%	$	0.00
Certificate Net Swap Payment Due	0.00000	%	$	0.00

A-1 Net Swap Payment Past Due			$	0.00
A-2 Net Swap Payment Past Due			$	0.00
A-3a Net Swap Payment Past Due			$	0.00
A-3b Net Swap Payment Past Due			$	0.00
A-4a Net Swap Payment Past Due			$	0.00
A-4b Net Swap Payment Past Due			$	0.00
B Net Swap Payment Past Due			$	0.00
Certificate Net Swap Payment Past Due			$	0.00

A-1 Interest on Swap Payment Past Due			$	0.00
A-2 Interest on Swap Payment Past Due			$	0.00
A-3a Interest on Swap Payment Past Due			$	0.00
A-3b Interest on Swap Payment Past Due			$	0.00
A-4z Interest on Swap Payment Past Due			$	0.00
A-4b Interest on Swap Payment Past Due			$	0.00
B Interest on Swap Payment Past Due			$	0.00
Cert Interest on Swap Payment Past Due			$	0.00

A-1 Total Net Swap Payment Due			$	0.00
A-2 Total Net Swap Payment Due			$	0.00
A-3a Total Net Swap Payment Due			$	0.00
A-3b Total Net Swap Payment Due			$	0.00
A-4a Total Net Swap Payment Due			$	46,860.50
A-4b Total Net Swap Payment Due			$	0.00
B Total Net Swap Payment Due			$	0.00
Certificate Total Net Swap Payment Due			$	0.00

A-1 Net Swap Receipt			$	0.00
A-2 Net Swap Receipt			$	0.00
A-3a Net Swap Receipt			$	62,991.46
A-3b Net Swap Receipt			$	0.00
A-4a Net Swap Receipt			$	0.00
A-4b Net Swap Receipt			$	0.00
B Net Swap Receipt			$	0.00
Certificate Net Swap Receipt			$	0.00

A-1 notes Principal Due			$	0.00
A-2 notes Principal Due			$	44,353,888.17
A-3a notes Principal Due			$	0.00
A-3b notes Principal Due			$	0.00
A-4a notes Principal Due			$	0.00
A-4b notes Principal Due			$	0.00

Class B Floor			$	13,420,500.00
Class B notes Principal Due			$	1,608,690.24
Reallocated Class B Principal			$	0.00

Certificate Principal Due			$	0.00

Total notes Interest Due			$	1,685,548.85
Total notes Principal Due			$	45,962,578.41
Net Swap/Termination Payment Due			$	-16,130.96
Total notes Distributable Amount			$	47,631,996.31

CNH Equipment Trust 2003-B

$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004

$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006

$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008

$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008

$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011

$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011

$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011

$23,000,000 3.35% Asset Backed Certificates

Actual Payment Date

1/18/2005

Cash Available for Distribution
Total Collections + Reinvestment Income For The Period	$	49,567,712.78

Beginning Negitive Carry Account	$	0.00
Deposits from Negitive Carry Account to Distribution Account	$	0.00

Beginning Spread Account Balance	$	23,000,000.00
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

Total Cash Available	$	49,567,712.78

			Available Cash
Cash Allocation (Cashflow Waterfall)
Backup Servicing Fee Paid	$	12,771.87
Backup Servicing Fee Shortfall	$	0.00
			49,554,940.91
Servicing Fee Paid	$	638,593.50
Servicing Fee Shortfall	$	0.00
			$	48,916,347.41
Administration Fee Paid	$	166.67
Administration Fee Shortfall	$	0.00
			$	48,916,180.74
Net Swap Payment Paid	$	46,860.50
Net Swap Payment Shortfall	$	0.00

Remaining Cash Available to Pay Note Interest & Swap Termination Payment			$	48,869,320.24

Cash Available to Pay Note Interest	$	48,869,320.24
Cash Available to Pay Termination Payment	$	0.00

Class A-1 notes Interest Paid	$	0.00
Class A-2 notes Interest Paid	$	176,402.56
Class A-3a notes Interest Paid	$	493,456.88
Class A-3b notes Interest Paid	$	287,137.50
Class A-4a notes Interest Paid	$	331,168.50
Class A-4b notes Interest Paid	$	322,508.33
			$	47,258,646.47
Class A-1 notes Interest Shortfall	$	0.00
Class A-2 notes Interest Shortfall	$	0.00
Class A-3a notes Interest Shortfall
Class A-3b notes Interest Shortfall	$	0.00
Class A-4a notes Interest Shortfall
Class A-4b notes Interest Shortfall	$	0.00

Swap Termination Payment Paid	$	0.00
Swap Termination Payment Shortfall	$	0.00
			$	47,258,646.47
Class B notes Interest Paid	$	74,875.09
Class B notes Interest Shortfall	$	0.00
			$	47,183,771.38
Class A-1 notes Principal Paid	$	0.00
Class A-2 notes Principal Paid	$	44,353,888.17
Class A-3a notes Principal Paid	$	0.00
Class A-3b notes Principal Paid	$	0.00
Class A-4a notes Principal Paid	$	0.00
Class A-4b notes Principal Paid	$	0.00
Class B notes Principal Paid	$	1,608,690.24
			$	1,221,192.97
Remaining Class B Principal Reallocation Amount	$	0.00
Reallocated Class A-1 notes Principal Paid	$	0.00
Remaining Class B Principal Reallocation Amount	$	0.00	$	1,221,192.97
Reallocated Class A-2 notes Principal Paid	$	0.00
Remaining Class B Principal Reallocation Amount	$	0.00	$	1,221,192.97
Reallocated Class A-3a notes Principal Paid	$	0.00
Reallocated Class A-3b notes Principal Paid	$	0.00
Remaining Class B Principal Reallocation Amount	$	0.00	$	1,221,192.97
Reallocated Class A-4a notes Principal Paid	$	0.00
Reallocated Class A-4b notes Principal Paid	$	0.00
Remaining Class B Principal Reallocation Amount	$	0.00	$	1,221,192.97

Deposits to Spread Account	$	0.00
			$	1,221,192.97
Certificate Interest Paid	$	64,208.33
Certificate Interest Shortfall	$	0.00
			$	1,156,984.64
Certificate Principal Paid	$	0.00
			$	1,156,984.64
Total Principal Balance of Notes and Certificates (End of Period)	$	720,349,617.95
A-1 notes Ending Principal balance	$	0.00
A-2 notes Ending Principal balance	$	79,437,381.32
A-3a notes Ending Principal balance	$	205,500,000.00
A-3b notes Ending Principal balance	$	139,500,000.00
A-4a notes Ending Principal balance	$	133,200,000.00
A-4b notes Ending Principal balance	$	114,500,000.00
B notes Ending Principal balance	$	25,212,236.63
Certificate Ending Principal balance	$	23,000,000.00

Release to Seller as Excess	$	1,156,984.64	$	1,156,984.64

CNH Equipment Trust 2003-B

$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004

$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006

$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008

$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008

$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011

$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011

$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011

$23,000,000 3.35% Asset Backed Certificates

Actual Payment Date

1/18/2005

								Amount			Factor		Per/$1000
Summary and Factors
Total Principal Balance of Notes and Certificates (Beginning of Period)								$	766,312,196.36		0.6663584		$	666.36
A-1 notes Beginning Principal balance								$	(0.00	)	(0.0000000	)	$	(0.00	)
A-2 notes Beginning Principal balance								$	123,791,269.49		0.4761203		$	476.12
A-3a notes Beginning Principal balance								$	205,500,000.00		1.0000000		$	1,000.00
A-3b notes Beginning Principal balance								$	139,500,000.00		1.0000000		$	1,000.00
A-4a notes Beginning Principal balance								$	133,200,000.00		1.0000000		$	1,000.00
A-4b notes Beginning Principal balance								$	114,500,000.00		1.0000000		$	1,000.00
B notes Beginning Principal balance								$	26,820,926.87		0.6655317		$	665.53
Certificate Beginning Principal balance								$	23,000,000.00		1.0000000		$	1,000.00

Total Principal Balance of Notes and Certificates (End of Period)								$	720,349,617.95		0.6263910		$	626.39
A-1 notes Ending Principal balance			$	234,000,000.00				$	(0.00	)	(0.0000000	)	$	(0.00	)
A-2 notes Ending Principal balance	Pro rata %		$	260,000,000.00				$	79,437,381.32		0.3055284		$	305.53
A-3a notes Ending Principal balance	59.57	%	$	205,500,000.00				$	205,500,000.00		1.0000000		$	1,000.00
A-3b notes Ending Principal balance	40.43	%	$	139,500,000.00				$	139,500,000.00		1.0000000		$	1,000.00
A-4a notes Ending Principal balance	53.77	%	$	133,200,000.00				$	133,200,000.00		1.0000000		$	1,000.00
A-4b notes Ending Principal balance	46.23	%	$	114,500,000.00		94.50	%	$	114,500,000.00		1.0000000		$	1,000.00
B notes Ending Principal balance			$	40,300,000.00		3.50	%	$	25,212,236.63		0.6256138		$	625.61
Certificate Ending Principal balance			$	23,000,000.00		2.00	%	$	23,000,000.00		1.0000000		$	1,000.00

Class A-1 notes Interest Paid								$	(0.00	)	(0.0000000	)	$	(0.00	)
Class A-2 notes Interest Paid								$	176,402.56		0.0006785		$	0.68
Class A-3a notes Interest Paid								$	493,456.88		0.0024013		$	2.40
Class A-3b notes Interest Paid								$	287,137.50		0.0020583		$	2.06
Class A-4a notes Interest Paid								$	331,168.50		0.0024863		$	2.49
Class A-4b notes Interest Paid								$	322,508.33		0.0028167		$	2.82
Class B notes Interest Paid								$	74,875.09		0.0018579		$	1.86
Certificate Interest Paid								$	64,208.33		0.0027917		$	2.79

Class A-1 notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A-2 notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A-3a notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A-3b notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A-4a notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A-4b notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class B notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Certificate Interest Shortfall								$	0.00		0.0000000		$	0.00

Class A-1 notes Principal Paid								$	0.00		0.0000000		$	0.00
Class A-2 notes Principal Paid								$	44,353,888.17		0.1705919		$	170.59
Class A-3a notes Principal Paid								$	0.00		0.0000000		$	0.00
Class A-3b notes Principal Paid								$	0.00		0.0000000		$	0.00
Class A-4a notes Principal Paid								$	0.00		0.0000000		$	0.00
Class A-4b notes Principal Paid								$	0.00		0.0000000		$	0.00
Class B notes Principal Paid								$	1,608,690.24		0.0399179		$	39.92
Certificate Principal Paid								$	0.00		0.0000000		$	0.00

Negitive Carry Account
Negitive Carry	0.75000	%	11/25/2003					1.9312		%
Negitive Carry Days Remaining			2/15/2004					0
Required Negitive Carry Account								$	0.00
Beginning Negitive Carry Account								$	0.00
Negitive Carry Account Withdrawls to Distribution Account								$	0.00
Negitive Carry Released to Seller								$	0.00
Ending Negitive Carry Account Balance								$	0.00

Spread Account
Required Spread Account Deposit (Add Loans)			2.00		%			$	0.00
Required Spread Account Target			2.50		%			$	18,008,740.44
Required Spread Account Floor			2.00		%			$	23,000,000.00
Required Spread Account								$	23,000,000.00
Beginning Spread Account Balance								$	23,000,000.00
Additional Deposit to Spread Account from Pre-funding								$	0.00
Spread Account Withdrawls to Distribution Account								$	0.00
Spread Account Deposits from Excess Cash								$	0.00
Spread Account Released to Seller								$	0.00
Ending Spread Account Balance								$	23,000,000.00

Principal Supplement Account
Required Principal Supplement Account Balance								$	0.00
Beginning Principal Supplement Account Balance								$	0.00
Additional Deposit to Principal Supplement Account from Pre-funding								$	0.00
Principal Supplement Account Withdrawls to Distribution Account								$	0.00
Principal Supplement Account Released to Seller								$	0.00
Ending Principal Supplement Account								$	0.00

Pre-funding Account
Beginning Pre-funding Account Balance								$	0.25
New Contract Value Purchased								$	0.00
Deposits to Spread Account								$	0.00
Deposits to Principal Supplement Account								$	0.00
Ending Pre-funding Account Balance								$	0.25
Release to seller								$	0.00

Total Release to Seller								$	1,795,744.81

CNH Capital Receivables 8-KOther Events