CNH Capital Receivables 8K Other Events | SEC 17 Mar 05

Exhibit 20.1

CNH Equipment Trust 2002-B

$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003

$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005

$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006

$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008

$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010

$33,000,000 4.120% 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 4		2 4		3 4
Cutoff Date		2/28/2005
Date Added		10/31/2002		11/30/2002		12/31/2002
Pool	Period	Pool 1		Pool 2		Pool 3
Scheduled Cashflows	0	4,175,143.10		547,250.93		514,396.90
	1	6,756,358.75		1,448,704.70		814,470.17
	2	12,390,566.55		1,867,646.74		848,694.46
	3	15,877,226.35		1,508,969.63		963,817.33
	4	13,867,244.22		1,548,926.67		1,013,195.00
	5	11,325,414.73		1,205,317.53		891,806.88
	6	9,465,207.76		1,276,409.31		894,631.10
	7	10,807,187.38		1,331,026.84		931,628.10
	8	9,168,600.51		3,507,382.92		908,425.91
	9	6,099,274.65		6,889,527.68		2,680,064.51
	10	6,242,009.01		1,315,289.06		4,598,032.14
	11	5,325,174.41		1,267,852.35		810,996.48
	12	4,669,936.10		940,007.33		574,284.26
	13	5,031,904.56		1,191,416.68		604,115.95
	14	8,619,003.22		1,403,630.87		564,625.10
	15	10,919,908.88		992,969.09		638,677.16
	16	9,211,359.53		1,068,013.68		682,977.85
	17	7,732,954.53		718,587.13		599,016.56
	18	6,075,023.51		807,777.11		596,724.40
	19	7,152,012.70		883,081.32		607,825.31
	20	5,834,133.35		2,184,223.97		560,203.37
	21	4,078,472.58		4,001,383.01		1,772,903.01
	22	4,169,557.46		956,446.82		3,325,508.94
	23	3,451,153.16		863,265.44		584,311.59
	24	3,065,503.33		722,961.18		378,506.53
	25	3,100,755.70		940,306.14		400,249.76
	26	5,407,259.75		1,045,813.55		370,487.56
	27	7,027,430.76		748,749.34		421,797.00
	28	5,547,173.83		733,824.26		455,656.72
	29	4,110,929.57		481,405.57		402,513.90
	30	2,936,469.59		439,235.07		387,132.60
	31	3,742,450.43		569,046.24		369,698.51
	32	2,310,562.20		1,676,646.73		361,981.97
	33	640,806.02		3,034,431.77		1,376,310.90
	34	366,214.84		141,881.48		2,375,554.75
	35	313,210.10		129,934.66		197,386.21
	36	213,460.76		110,787.43		35,332.31
	37	229,347.35		229,103.21		39,883.46
	38	267,740.11		301,800.04		17,569.37
	39	345,034.15		119,511.90		26,093.06
	40	372,132.85		224,334.87		48,875.35
	41	179,426.23		45,989.43		16,832.16
	42	261,752.87		24,688.13		16,832.34
	43	123,154.92		56,254.03		15,897.89
	44	90,766.81		69,350.87		15,622.29
	45	2,482.15		4,728.72		78,599.89
	46	98,784.44		0.00		153,833.78
	47	119.93		0.00		737.66
	48	0.00		0.00		0.00
	49	0.00		0.00		0.00
	50	0.00		0.00		0.00
	51	0.00		0.00		0.00
	52	0.00		0.00		0.00
	53	0.00		0.00		0.00
	54	0.00		0.00		0.00
	55	0.00		0.00		0.00
	56	0.00		0.00		0.00
	57	0.00		0.00		0.00
	58	0.00		0.00		0.00
	59	0.00		0.00		0.00
	60	0.00		0.00		0.00
	61	0.00		0.00		0.00
	62	0.00		0.00		0.00
	63	0.00		0.00		0.00
	64	0.00		0.00		0.00
	65	0.00		0.00		0.00
	66	0.00		0.00		0.00
	67	0.00		0.00		0.00
	68	0.00		0.00		0.00
	69	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00
	70	0.00		0.00		0.00

Total Amount of Scheduled Cashflow	Total	229,197,795.69		51,575,891.43		34,944,718.45
Discount Rate		5.500	%	5.500	%	5.500	%
Beginning Contract Value		224,803,697.28		50,145,100.22		33,733,084.27
Scheduled Contract Value Decline		9,250,794.48		1,726,110.24		1,245,686.22
Unscheduled Contract Value Decline		(345,680.73	)	363,798.65		38,769.93
Additional Contract Value Added	1,100,000,217.38	0.00		0.00		0.00
Ending Contract Value		215,898,583.52		48,055,191.33		32,448,628.12

CNH Equipment Trust 2002-B

$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003

$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005

$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006

$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008

$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010

$33,000,000 4.120% Asset Backed Certificates

Dated Date (30/360)	2/15/2005
Dated Date (act/360)	2/15/2005
Scheduled Payment Date	3/15/2005
Actual Payment Date	3/15/2005
Days in accrual period (30/360)	30
Days in accrual period (act/360)	28
1 month LIBOR Rate	2.5900		%

Collateral Summary
Wtd. Average Discount Rate	5.500		%
Beginning Contract Value	308,681,881.77
Scheduled Contract Value Decline	12,222,590.94
Unscheduled Contract Value Decline	56,887.86
Additional Contract Value Purchased	0.00
Ending Contract Value	296,402,402.97

Beginning Pre-funding Account Balance	0.00
Ending Pre-funding Account Balance	0.00

Total Beginning Balance (Pool Balance + Pre-funding Account Balance)	308,681,881.77
Total Ending Balance (Pool Balance + Pre-funding Account Balance)	296,402,402.97

Collateral Performance
Scheduled Amounts 30 - 59 days past due	$	466,505.65		0.16	%
Scheduled Amounts 60 days or more past due	$	1,431,025.90		0.48	%
Net Losses on Liquidated Receivables	$	257,023.89		0.09	%
Cumulative Net Losses	$	4,369,265.52
Number of Loans at Beginning of Period	26,953
Number of Loans at End of Period	26,505
Repossessed Equipment not Sold or Reassigned (Beginning)	$	520,524.29
Repossessed Equipment not Sold or Reassigned (End)	$	708,575.88

Collections and Reinvestment Income
Receipts During the period	$	13,501,252.21

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	$	13,501,252.21

Reinvestment Income (excluding Pre-funding Account)	$	64,916.63
Reinvestment Income on Pre-funding Account)	$	0.00

Net Swap Receipts	13,023.76
Net Swap Termination Payments due Trust from the Swap CounterParty	$	0.00

Total Collections + Reinvestment Income For The Period + Swap Receipt	$	13,579,192.60

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 2002-B

$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003

$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005

$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006

$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008

$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010

$33,000,000 4.120% Asset Backed Certificates

Actual Payment Date				3/15/2005

Caclulation of Distributable Amounts

Current Servicing Fee Due	1.000		%	$	257,234.90
Past Due Servicing Fee				$	0.00
Total Servicing Fee Due				$	257,234.90

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)				$	308,681,881.77
A-1 notes Beginning Principal balance				$	0.00
A-2 notes Beginning Principal balance				$	0.00
A-3 notes Beginning Principal balance				$	79,399,720.61
A-4 notes Beginning Principal balance				$	186,250,000.00
B notes Beginning Principal balance				$	10,032,161.16
Certificate Beginning Principal balance				$	33,000,000.00

	Type	Coupon/ Spread		Swap Adj. Coupon		Daycount
A-1 notes Current Interest Due	Fix	1.40625	%	1.40625	%	act/360	$	0.00
A-2 notes Current Interest Due	Fix	1.86000	%	1.86000	%	30/360	$	0.00
A-3 notes Current Interest Due	Flt	0.21000	%	2.43050	%	act/360	$	172,914.95
A-4 notes Current Interest Due	Flt	0.36000	%	3.16700	%	act/360	$	427,340.28
B notes Current Interest Due	Fix	4.12000	%	4.12000	%	30/360	$	34,443.75
Certificate Current Interest Due	Fix	4.12000	%	4.12000	%	30/360	$	113,300.00

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
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-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
Certificate 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							$	172,914.95
A-4 notes Total Interest Due							$	427,340.28
B notes Total Interest Due							$	34,443.75
Certificate Total Interest Due							$	113,300.00

	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-3 Net Swap Payment Due	2.22050	%	$	0.00
A-4 Net Swap Payment Due	2.80700	%	$	60,479.51
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-3 Net Swap Payment Past Due			$	0.00
A-4 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-3 Interest on Swap Payment Past Due			$	0.00
A-4 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-3 Total Net Swap Payment Due			$	0.00
A-4 Total Net Swap Payment Due			$	60,479.51
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-3 Net Swap Receipt			$	13,023.76
A-4 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			$	0.00
A-3 notes Principal Due			$	11,880,395.74
A-4 notes Principal Due			$	0.00
Class B notes Principal Due			$	399,083.06
Certificate Principal Due			$	0.00

Total notes Interest Due			$	634,698.98
Total notes Principal Due			$	12,279,478.80
Net Swap/Termination Payment Due			$	47,455.75
Total notes Distributable Amount			$	12,961,633.53

CNH Equipment Trust 2002-B

$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003

$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005

$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006

$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008

$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010

$33,000,000 4.120% Asset Backed Certificates

Actual Payment Date	3/15/2005

Cash Available for Distribution
Total Collections + Reinvestment Income For The Period	$	13,579,192.60

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

Beginning Spread Account Balance	$	22,000,004.35
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	$	13,579,192.60

			Available Cash
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
			$	13,579,192.60
Administration Fee Paid	$	166.67
Administration Fee Shortfall	$	0.00
			$	13,579,025.93
Net Swap Payment Paid	$	60,479.51
Net Swap Payment Shortfall	$	0.00

Remaining Cash Available to Pay Note Interest & Swap Termination Payment			$	13,518,546.42

Cash Available to Pay Note Interest	$	13,518,546.42
Cash Available to Pay 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	$	172,914.95
Class A-4 notes Interest Paid	$	427,340.28
			$	12,918,291.19
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

Swap Termination Payment Paid	$	0.00
Swap Termination Payment Shortfall	$	0.00
			$	12,918,291.19
Class B notes Interest Paid	$	34,443.75
Class B notes Interest Shortfall	$	0.00
			$	12,883,847.44
Class A-1 notes Principal Paid	$	0.00
Class A-2 notes Principal Paid	$	0.00
Class A-3 notes Principal Paid	$	11,880,395.74
Class A-4 notes Principal Paid	$	0.00
Class B notes Principal Paid	$	399,083.06
			$	604,368.64
Deposits to Spread Account	$	0.00
			$	604,368.64
Certificate Interest Paid	$	113,300.00
Certificate Interest Shortfall	$	0.00
			$	491,068.64
Certificate Principal Paid	$	0.00
			$	491,068.64
Total Principal Balance of Notes and Certificates (End of Period)	$	296,402,402.97
A-1 notes Ending Principal balance	$	0.00
A-2 notes Ending Principal balance	$	0.00
A-3 notes Ending Principal balance	$	67,519,324.87
A-4 notes Ending Principal balance	$	186,250,000.00
B notes Ending Principal balance	$	9,633,078.10
Certificate Ending Principal balance	$	33,000,000.00

Servicing Fee Paid (If CNH is the servicer)	$	257,234.90
Servicing Fee Shortfall	$	0.00
Release to Seller as Excess	$	233,833.74	$	233,833.74

CNH Equipment Trust 2002-B

$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003

$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005

$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006

$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008

$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010

$33,000,000 4.120% Asset Backed Certificates

Actual Payment Date								3/15/2005

								Amount			Factor		Per/$1000
Summary and Factors
Total Principal Balance of Notes and Certificates (Beginning of Period)								$	308,681,881.77		0.2806199		$	280.62
A-1 notes Beginning Principal balance								$	(0.00	)	(0.0000000	)	$(0.00		)
A-2 notes Beginning Principal balance								$	0.00		0.0000000		$	0.00
A-3 notes Beginning Principal balance								$	79,399,720.61		0.2603270		$	260.33
A-4 notes Beginning Principal balance								$	186,250,000.00		1.0000000		$	1,000.00
B notes Beginning Principal balance								$	10,032,161.16		0.2806199		$	280.62
Certificate Beginning Principal balance								$	33,000,000.00		1.0000000		$	1,000.00

Total Principal Balance of Notes and Certificates (End of Period)								$	296,402,402.97		0.2694567		$	269.46
A-1 notes Ending Principal balance			$	270,000,000.00				$(0.00		)	(0.0000000	)	$(0.00		)
A-2 notes Ending Principal balance			$	270,000,000.00				$	0.00		0.0000000		$	0.00
A-3 notes Ending Principal balance			$	305,000,000.00				$	67,519,324.87		0.2213748		$	221.37
A-4 notes Ending Principal balance			$	186,250,000.00		93.75	%	$	186,250,000.00		1.0000000		$	1,000.00
B notes Ending Principal balance			$	35,750,000.00		3.25	%	$	9,633,078.10		0.2694567		$	269.46
Certificate Ending Principal balance			$	33,000,000.00		3.00	%	$	33,000,000.00		1.0000000		$	1,000.00

Class A-1 notes Interest Paid								$	0.00		0.0000000		$	0.00
Class A-2 notes Interest Paid								$	0.00		0.0000000		$	0.00
Class A-3 notes Interest Paid								$	172,914.95		0.0005669		$	0.57
Class A-4 notes Interest Paid								$	427,340.28		0.0022944		$	2.29
Class B notes Interest Paid								$	34,443.75		0.0009635		$	0.96
Certificate Interest Paid								$	113,300.00		0.0034333		$	3.43

Class A-1 notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A21 notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A-3 notes Interest Shortfall								$	0.00		0.0000000		$	0.00
Class A-4 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								$	0.00		0.0000000		$	0.00
Class A-3 notes Principal Paid								$	11,880,395.74		0.0389521		$	38.95
Class A-4 notes Principal Paid								$	0.00		0.0000000		$	0.00
Class B notes Principal Paid								$	399,083.06		0.0111632		$	11.16
Certificate Principal Paid								$	0.00		0.0000000		$	0.00

Negitive Carry Account
Negitive Carry	1.25000	%	11/19/2002					1.5667		%
Negitive Carry Days Remaining			5/15/2003					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		%			$	7,410,060.07
Required Spread Account Floor			2.00		%			$	22,000,004.35
Required Spread Account								$	22,000,004.35
Beginning Spread Account Balance								$	22,000,004.35
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								$	22,000,004.35

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

Total Release to Seller								$	491,235.31

CNH Capital Receivables 8-KOther Events