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 Zier 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 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cutoff Date |
|
|
| 4/30/2004 |
| ||||||||||||||
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 |
|
Pool |
| Period |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
|
Scheduled Cashflows |
| 0 |
| 161,614.53 |
| 773,988.27 |
| 6,470.81 |
| 150,544.09 |
| 580,729.52 |
| 1,239,589.20 |
| 13,489.27 |
| 41,177.47 |
|
|
| 1 |
| 359,689.33 |
| 1,394,775.92 |
| 93,672.88 |
| 698,552.01 |
| 391,085.44 |
| 1,712,510.25 |
| 67,674.32 |
| 353,539.70 |
|
|
| 2 |
| 324,336.78 |
| 1,677,910.98 |
| 116,164.29 |
| 857,572.31 |
| 421,320.17 |
| 1,925,208.76 |
| 76,056.38 |
| 400,397.50 |
|
|
| 3 |
| 419,959.44 |
| 1,814,990.17 |
| 117,868.04 |
| 872,486.20 |
| 499,075.03 |
| 1,943,340.28 |
| 94,443.75 |
| 359,816.68 |
|
|
| 4 |
| 477,894.48 |
| 1,469,063.65 |
| 119,830.54 |
| 873,830.51 |
| 521,905.23 |
| 1,789,469.35 |
| 84,720.00 |
| 305,722.42 |
|
|
| 5 |
| 392,603.11 |
| 1,788,975.68 |
| 118,212.63 |
| 875,695.73 |
| 420,906.94 |
| 1,752,725.48 |
| 82,861.15 |
| 293,471.34 |
|
|
| 6 |
| 386,806.38 |
| 3,053,749.64 |
| 130,474.73 |
| 915,110.12 |
| 431,335.90 |
| 2,817,419.37 |
| 88,391.55 |
| 990,286.28 |
|
|
| 7 |
| 535,303.95 |
| 7,612,320.29 |
| 118,212.63 |
| 973,127.45 |
| 505,936.24 |
| 5,377,875.16 |
| 83,815.73 |
| 3,643,138.42 |
|
|
| 8 |
| 796,148.85 |
| 9,541,584.92 |
| 135,778.76 |
| 853,039.81 |
| 460,476.64 |
| 4,123,952.79 |
| 100,808.96 |
| 923,136.35 |
|
|
| 9 |
| 1,679,514.50 |
| 6,975,775.76 |
| 181,697.66 |
| 248,555.68 |
| 1,486,870.36 |
| 2,858,201.15 |
| 237,604.85 |
| 296,649.86 |
|
|
| 10 |
| 4,262,466.78 |
| 1,460,954.24 |
| 215,998.90 |
| 37,616.01 |
| 2,271,592.92 |
| 1,230,646.46 |
| 207,257.93 |
| 4,066.24 |
|
|
| 11 |
| 576,649.20 |
| 1,355,604.87 |
| 20,610.81 |
| 18,005.39 |
| 362,841.87 |
| 1,261,728.59 |
| 2,942.98 |
| 3,365.46 |
|
|
| 12 |
| 336,019.55 |
| 1,285,291.40 |
| 14,578.62 |
| 15,434.99 |
| 365,152.36 |
| 1,309,354.39 |
| 4,088.46 |
| 3,025.51 |
|
|
| 13 |
| 336,238.79 |
| 1,292,099.52 |
| 14,578.62 |
| 15,434.99 |
| 339,532.94 |
| 1,386,428.03 |
| 1,102.23 |
| 4,666.83 |
|
|
| 14 |
| 244,754.31 |
| 1,272,750.36 |
| 14,578.62 |
| 20,464.27 |
| 330,184.25 |
| 1,417,246.41 |
| 2,630.40 |
| 14,241.28 |
|
|
| 15 |
| 324,311.35 |
| 1,405,835.89 |
| 14,578.62 |
| 15,434.99 |
| 388,834.47 |
| 1,451,238.85 |
| 9,299.44 |
| 4,666.83 |
|
|
| 16 |
| 347,554.40 |
| 1,164,286.08 |
| 14,578.62 |
| 15,434.99 |
| 422,950.84 |
| 1,290,518.69 |
| 2,630.40 |
| 4,666.83 |
|
|
| 17 |
| 267,090.45 |
| 1,310,788.26 |
| 14,578.62 |
| 15,434.99 |
| 342,710.34 |
| 1,287,924.31 |
| 2,630.40 |
| 4,666.83 |
|
|
| 18 |
| 279,972.84 | �� | 2,269,470.47 |
| 24,597.37 |
| 15,434.99 |
| 350,774.17 |
| 2,136,731.99 |
| 5,116.13 |
| 4,666.83 |
|
|
| 19 |
| 397,798.69 |
| 5,723,586.33 |
| 14,578.62 |
| 36,576.18 |
| 443,258.75 |
| 4,552,654.65 |
| 2,630.40 |
| 10,249.30 |
|
|
| 20 |
| 618,853.90 |
| 7,140,482.99 |
| 14,578.62 |
| 33,062.59 |
| 360,763.46 |
| 3,188,718.77 |
| 11,124.73 |
| 126,070.08 |
|
|
| 21 |
| 1,358,924.02 |
| 4,999,424.82 |
| 19,597.27 |
| 6,649.83 |
| 1,208,535.29 |
| 2,083,288.60 |
| 35,644.57 |
| 44,231.37 |
|
|
| 22 |
| 2,932,077.84 |
| 927,736.82 |
| 28,314.89 |
| 6,649.83 |
| 1,846,466.59 |
| 827,849.31 |
| 10,558.73 |
| 249.90 |
|
|
| 23 |
| 361,150.80 |
| 848,671.44 |
| 10,208.28 |
| 6,649.83 |
| 254,262.11 |
| 844,119.26 |
| 1,102.23 |
| 249.90 |
|
|
| 24 |
| 230,258.12 |
| 804,653.91 |
| 10,251.34 |
| 6,649.83 |
| 237,262.67 |
| 876,628.32 |
| 3,587.96 |
| 103.97 |
|
|
| 25 |
| 215,090.46 |
| 768,480.14 |
| 10,727.17 |
| 6,649.83 |
| 233,020.49 |
| 939,618.88 |
| 1,102.23 |
| 1,641.32 |
|
|
| 26 |
| 140,691.79 |
| 713,404.50 |
| 10,727.17 |
| 11,679.11 |
| 222,267.45 |
| 952,962.98 |
| 2,630.40 |
| 11,215.77 |
|
|
| 27 |
| 213,848.70 |
| 826,295.14 |
| 10,727.17 |
| 6,649.83 |
| 261,993.92 |
| 992,927.74 |
| 9,299.44 |
| 1,641.32 |
|
|
| 28 |
| 216,031.08 |
| 645,961.32 |
| 10,727.17 |
| 6,649.83 |
| 290,002.93 |
| 834,781.96 |
| 2,630.40 |
| 1,641.32 |
|
|
| 29 |
| 165,270.01 |
| 728,814.41 |
| 10,727.17 |
| 6,649.83 |
| 230,267.55 |
| 840,429.92 |
| 2,630.40 |
| 1,641.32 |
|
|
| 30 |
| 171,149.30 |
| 1,564,240.17 |
| 10,597.76 |
| 6,649.53 |
| 232,040.42 |
| 1,558,477.94 |
| 5,116.13 |
| 1,641.31 |
|
|
| 31 |
| 388,519.71 |
| 4,539,461.51 |
| 10,208.28 |
| 26,717.35 |
| 277,456.81 |
| 3,444,745.65 |
| 2,630.30 |
| 7,223.60 |
|
|
| 32 |
| 394,997.96 |
| 5,244,319.86 |
| 10,208.28 |
| 61,219.88 |
| 232,269.58 |
| 2,043,520.28 |
| 11,124.73 |
| 125,820.09 |
|
|
| 33 |
| 1,018,181.07 |
| 3,224,937.47 |
| 10,208.28 |
| 4,829.12 |
| 909,462.90 |
| 1,058,789.61 |
| 35,644.01 |
| 43,981.47 |
|
|
| 34 |
| 2,162,393.63 |
| 201,894.87 |
| 50,809.64 |
| 0.00 |
| 1,337,740.07 |
| 88,508.08 |
| 9,456.50 |
| 0.00 |
|
|
| 35 |
| 149,649.11 |
| 101,488.72 |
| 944.75 |
| 0.00 |
| 66,321.17 |
| 75,962.79 |
| 0.00 |
| 0.00 |
|
|
| 36 |
| 7,609.00 |
| 33,862.32 |
| 944.75 |
| 0.00 |
| 20,767.93 |
| 72,796.17 |
| 0.00 |
| 0.00 |
|
|
| 37 |
| 1,078.22 |
| 82,836.91 |
| 0.00 |
| 0.00 |
| 16,063.63 |
| 50,990.62 |
| 0.00 |
| 0.00 |
|
|
| 38 |
| 1,078.22 |
| 10,976.54 |
| 0.00 |
| 0.00 |
| 15,328.96 |
| 75,490.08 |
| 0.00 |
| 0.00 |
|
|
| 39 |
| 18,895.16 |
| 14,180.03 |
| 0.00 |
| 0.00 |
| 15,328.96 |
| 61,005.26 |
| 0.00 |
| 0.00 |
|
|
| 40 |
| 18,045.42 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 17,001.01 |
| 56,994.83 |
| 0.00 |
| 0.00 |
|
|
| 41 |
| 1,078.22 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 15,328.96 |
| 56,237.21 |
| 0.00 |
| 0.00 |
|
|
| 42 |
| 6,705.46 |
| 43,680.72 |
| 0.00 |
| 0.00 |
| 15,328.96 |
| 104,452.18 |
| 0.00 |
| 0.00 |
|
|
| 43 |
| 1,078.22 |
| 150,275.25 |
| 0.00 |
| 0.00 |
| 34,058.68 |
| 247,260.35 |
| 0.00 |
| 0.00 |
|
|
| 44 |
| 48,429.06 |
| 180,924.54 |
| 0.00 |
| 0.00 |
| 15,049.22 |
| 133,922.08 |
| 0.00 |
| 0.00 |
|
|
| 45 |
| 35,850.14 |
| 116,051.89 |
| 0.00 |
| 0.00 |
| 54,179.55 |
| 81,232.15 |
| 0.00 |
| 0.00 |
|
|
| 46 |
| 46,560.08 |
| 370.79 |
| 0.00 |
| 0.00 |
| 80,778.96 |
| 1,583.63 |
| 0.00 |
| 0.00 |
|
|
| 47 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 346.08 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 48 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 584.61 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 49 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 50 |
| 0.00 |
| 6,366.83 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 51 |
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 52 |
| 0.00 |
| 370.68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 53 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 54 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 55 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 56 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 57 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 58 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 59 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 60 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 61 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 23,830,222.41 |
| 88,574,383.63 |
| 1,732,148.38 |
| 7,721,141.92 |
| 19,837,753.30 |
| 64,458,058.81 |
| 1,314,477.49 |
| 8,032,970.70 |
|
Discount Rate |
|
|
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
|
|
| 22,288,156.60 |
| 83,521,087.59 |
| 1,748,396.17 |
| 8,295,734.44 |
| 18,869,630.69 |
| 61,661,364.96 |
| 1,334,057.11 |
| 8,236,192.95 |
|
Scheduled Contract Value Decline |
|
|
| 372,369.93 |
| 1,872,901.83 |
| 89,115.90 |
| 722,807.70 |
| 1,000,405.18 |
| 2,395,347.19 |
| 72,972.28 |
| 299,894.01 |
|
Unscheduled Contract Value Decline |
|
|
| 280,186.60 |
| 635,406.39 |
| 17,211.88 |
| 84,954.01 |
| (205,604.24 | ) | 72,186.08 |
| 10,095.03 |
| 213,878.89 |
|
Additional Contract Value Added |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
|
|
| 21,635,600.08 |
| 81,012,779.37 |
| 1,642,068.40 |
| 7,487,972.72 |
| 18,074,829.75 |
| 59,193,831.69 |
| 1,250,989.80 |
| 7,722,420.05 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| 502034 |
| 502035 |
| 5502034 |
| 5502035 |
| 502036 |
| 502037 |
| 502038 |
| 5502036 |
| 5502037 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cutoff Date |
|
|
| 4/30/2004 |
| ||||||||||||||||
Date Added |
|
|
| 3/31/2002 |
| 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 |
| Period |
| Pool 9 |
| Pool 10 |
| Pool 11 |
| Pool 12 |
| Pool 13 |
| Pool 14 |
| Pool 15 |
| Pool 16 |
| Pool 17 |
|
Scheduled Cashflows |
| 0 |
| 356,365.03 |
| 17,825.23 |
| 283,665.75 |
| 37,144.94 |
| 972,586.56 |
| 35,961.47 |
| 135,078.69 |
| 810,380.36 |
| 95,338.66 |
|
|
| 1 |
| 408,138.35 |
| 134,477.69 |
| 504,961.58 |
| 145,567.99 |
| 597,506.46 |
| 177,536.48 |
| 18,999.24 |
| 633,465.57 |
| 208,821.65 |
|
|
| 2 |
| 475,769.73 |
| 142,560.24 |
| 563,047.72 |
| 164,146.55 |
| 658,657.61 |
| 224,972.84 |
| 31,244.33 |
| 734,854.79 |
| 233,564.17 |
|
|
| 3 |
| 417,128.36 |
| 146,742.55 |
| 567,540.33 |
| 165,558.75 |
| 644,653.70 |
| 231,852.60 |
| 4,003.35 |
| 734,014.20 |
| 234,911.28 |
|
|
| 4 |
| 515,877.52 |
| 146,757.94 |
| 610,552.42 |
| 174,565.00 |
| 740,814.78 |
| 228,026.72 |
| 0.00 |
| 710,483.44 |
| 241,261.91 |
|
|
| 5 |
| 718,325.16 |
| 146,757.94 |
| 776,797.28 |
| 194,807.22 |
| 850,703.09 |
| 238,985.04 |
| 0.00 |
| 885,587.90 |
| 252,387.58 |
|
|
| 6 |
| 458,960.09 |
| 155,453.01 |
| 571,950.76 |
| 167,668.48 |
| 819,164.57 |
| 232,423.45 |
| 0.00 |
| 855,235.53 |
| 239,019.67 |
|
|
| 7 |
| 457,138.94 |
| 148,604.23 |
| 604,162.14 |
| 173,832.24 |
| 759,763.49 |
| 229,015.48 |
| 0.00 |
| 771,159.65 |
| 240,309.13 |
|
|
| 8 |
| 710,289.86 |
| 159,871.38 |
| 679,644.23 |
| 174,916.47 |
| 1,009,561.31 |
| 245,716.85 |
| 8,677.46 |
| 854,933.64 |
| 235,379.67 |
|
|
| 9 |
| 637,231.73 |
| 147,193.69 |
| 581,437.50 |
| 179,211.72 |
| 762,564.21 |
| 236,820.97 |
| 0.00 |
| 747,593.27 |
| 231,744.90 |
|
|
| 10 |
| 2,352,014.44 |
| 210,857.39 |
| 2,072,663.74 |
| 367,246.25 |
| 803,634.78 |
| 247,361.16 |
| 0.00 |
| 697,343.20 |
| 235,681.17 |
|
|
| 11 |
| 4,958,144.16 |
| 217,787.38 |
| 2,134,454.57 |
| 249,592.61 |
| 4,071,531.46 |
| 476,498.27 |
| 0.00 |
| 2,562,329.33 |
| 458,417.86 |
|
|
| 12 |
| 568,241.09 |
| 34,504.60 |
| 453,980.46 |
| 6,193.02 |
| 6,024,444.55 |
| 316,651.82 |
| 0.00 |
| 2,504,339.70 |
| 235,390.75 |
|
|
| 13 |
| 360,051.44 |
| 17,929.58 |
| 482,581.82 |
| 2,050.00 |
| 575,330.29 |
| 31,845.19 |
| 0.00 |
| 609,900.54 |
| 6,240.87 |
|
|
| 14 |
| 357,546.58 |
| 17,929.58 |
| 480,587.49 |
| 1,262.44 |
| 542,115.45 |
| 23,917.85 |
| 0.00 |
| 626,667.38 |
| 5,328.37 |
|
|
| 15 |
| 314,717.52 |
| 19,368.69 |
| 472,328.44 |
| 1,262.44 |
| 503,779.67 |
| 23,775.85 |
| 0.00 |
| 611,486.14 |
| 5,328.37 |
|
|
| 16 |
| 396,166.13 |
| 19,368.69 |
| 509,697.87 |
| 6,789.69 |
| 500,921.30 |
| 20,490.18 |
| 0.00 |
| 596,192.98 |
| 5,328.37 |
|
|
| 17 |
| 571,610.01 |
| 19,368.69 |
| 661,200.45 |
| 1,262.44 |
| 680,378.95 |
| 12,407.22 |
| 0.00 |
| 723,810.08 |
| 10,226.64 |
|
|
| 18 |
| 354,288.20 |
| 27,730.79 |
| 482,582.97 |
| 1,262.44 |
| 630,933.55 |
| 14,996.58 |
| 0.00 |
| 720,365.97 |
| 5,328.37 |
|
|
| 19 |
| 345,190.65 |
| 19,368.69 |
| 502,921.76 |
| 1,262.44 |
| 614,877.86 |
| 12,407.22 |
| 0.00 |
| 639,138.74 |
| 5,328.37 |
|
|
| 20 |
| 590,653.03 |
| 30,635.84 |
| 545,838.64 |
| 1,262.44 |
| 725,811.27 |
| 20,429.72 |
| 0.00 |
| 726,485.65 |
| 5,328.37 |
|
|
| 21 |
| 470,199.56 |
| 17,929.58 |
| 495,401.66 |
| 1,262.44 |
| 604,608.66 |
| 14,996.58 |
| 0.00 |
| 608,431.75 |
| 5,328.37 |
|
|
| 22 |
| 1,652,146.74 |
| 17,929.58 |
| 1,692,808.48 |
| 12,399.39 |
| 632,005.19 |
| 32,407.22 |
| 0.00 |
| 573,121.30 |
| 5,328.37 |
|
|
| 23 |
| 3,780,839.53 |
| 58,653.44 |
| 1,599,815.22 |
| 28,912.77 |
| 2,935,193.20 |
| 32,638.81 |
| 0.00 |
| 2,162,823.16 |
| 74,765.63 |
|
|
| 24 |
| 386,300.24 |
| 16,931.48 |
| 357,755.38 |
| 165.03 |
| 4,209,480.83 |
| 52,171.67 |
| 0.00 |
| 1,995,204.23 |
| 37,984.50 |
|
|
| 25 |
| 215,562.17 |
| 16,931.48 |
| 368,530.07 |
| 165.03 |
| 362,478.14 |
| 8,645.81 |
| 0.00 |
| 435,828.16 |
| 1,570.38 |
|
|
| 26 |
| 189,264.20 |
| 16,931.48 |
| 366,277.13 |
| 165.03 |
| 358,172.94 |
| 8,645.81 |
| 0.00 |
| 453,251.41 |
| 1,570.38 |
|
|
| 27 |
| 168,965.09 |
| 18,370.59 |
| 356,205.47 |
| 165.03 |
| 281,778.21 |
| 8,645.81 |
| 0.00 |
| 435,117.65 |
| 1,570.38 |
|
|
| 28 |
| 253,255.01 |
| 18,370.59 |
| 385,324.88 |
| 5,692.28 |
| 297,041.98 |
| 8,645.81 |
| 0.00 |
| 422,574.71 |
| 1,570.38 |
|
|
| 29 |
| 363,415.21 |
| 18,370.59 |
| 502,009.99 |
| 165.03 |
| 444,929.17 |
| 8,645.81 |
| 0.00 |
| 533,571.51 |
| 6,468.65 |
|
|
| 30 |
| 201,439.88 |
| 26,732.69 |
| 351,378.03 |
| 165.03 |
| 377,188.82 |
| 8,645.81 |
| 0.00 |
| 512,734.50 |
| 1,570.38 |
|
|
| 31 |
| 160,328.90 |
| 18,370.59 |
| 365,882.17 |
| 165.03 |
| 412,801.71 |
| 8,645.81 |
| 0.00 |
| 462,558.44 |
| 31,739.91 |
|
|
| 32 |
| 362,952.90 |
| 29,637.86 |
| 416,751.35 |
| 165.03 |
| 432,277.45 |
| 8,645.81 |
| 0.00 |
| 539,927.91 |
| 1,570.38 |
|
|
| 33 |
| 294,436.25 |
| 16,229.78 |
| 355,681.09 |
| 165.03 |
| 378,810.42 |
| 8,645.81 |
| 0.00 |
| 439,223.52 |
| 1,570.38 |
|
|
| 34 |
| 1,279,734.25 |
| 15,885.22 |
| 1,425,413.04 |
| 11,302.28 |
| 389,445.76 |
| 28,645.81 |
| 0.00 |
| 395,642.17 |
| 1,570.38 |
|
|
| 35 |
| 2,833,346.95 |
| 50,585.31 |
| 1,142,278.27 |
| 14,120.00 |
| 2,258,672.43 |
| 19,205.45 |
| 0.00 |
| 1,608,515.30 |
| 43,216.78 |
|
|
| 36 |
| 160,048.66 |
| 1,306.27 |
| 41,749.37 |
| 0.00 |
| 3,017,468.19 |
| 33,537.56 |
| 0.00 |
| 1,307,954.86 |
| 26,907.87 |
|
|
| 37 |
| 17,106.37 |
| 1,306.07 |
| 30,939.87 |
| 0.00 |
| 166,540.84 |
| 1,409.99 |
| 0.00 |
| 45,546.77 |
| 0.00 |
|
|
| 38 |
| 20,766.11 |
| 0.00 |
| 39,965.38 |
| 0.00 |
| 80,377.20 |
| 1,409.99 |
| 0.00 |
| 53,006.87 |
| 0.00 |
|
|
| 39 |
| 7,564.37 |
| 0.00 |
| 32,304.43 |
| 0.00 |
| 1,189.51 |
| 1,409.99 |
| 0.00 |
| 40,537.39 |
| 0.00 |
|
|
| 40 |
| 2,973.45 |
| 0.00 |
| 29,123.29 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 40,537.39 |
| 0.00 |
|
|
| 41 |
| 21,860.72 |
| 0.00 |
| 78,973.33 |
| 0.00 |
| 104,711.55 |
| 1,409.99 |
| 0.00 |
| 43,562.53 |
| 0.00 |
|
|
| 42 |
| 21,859.85 |
| 0.00 |
| 28,680.76 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 46,050.77 |
| 0.00 |
|
|
| 43 |
| 2,973.45 |
| 0.00 |
| 28,616.25 |
| 0.00 |
| 73,818.76 |
| 1,409.99 |
| 0.00 |
| 40,462.61 |
| 0.00 |
|
|
| 44 |
| 23,512.44 |
| 0.00 |
| 37,418.12 |
| 0.00 |
| 12,810.20 |
| 1,409.99 |
| 0.00 |
| 226,035.79 |
| 0.00 |
|
|
| 45 |
| 2,973.45 |
| 0.00 |
| 28,300.19 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 39,036.32 |
| 0.00 |
|
|
| 46 |
| 2,973.45 |
| 0.00 |
| 86,681.99 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 38,592.20 |
| 0.00 |
|
|
| 47 |
| 60,335.24 |
| 0.00 |
| 88,328.64 |
| 0.00 |
| 40,299.30 |
| 1,409.99 |
| 0.00 |
| 150,279.28 |
| 0.00 |
|
|
| 48 |
| 0.00 |
| 0.00 |
| 552.49 |
| 0.00 |
| 43,875.75 |
| 1,410.21 |
| 0.00 |
| 107,830.30 |
| 0.00 |
|
|
| 49 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 267.96 |
| 0.00 |
|
|
| 50 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 2,014.72 |
| 0.00 |
| 0.00 |
| 647.32 |
| 0.00 |
|
|
| 51 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 52 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 53 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 54 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 55 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 56 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 57 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 58 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 59 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 60 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 61 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 62 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 63 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 64 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 65 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 66 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 67 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 68 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 69 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 70 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 71 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 72 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 73 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 74 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 75 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 76 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 77 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 78 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Amount of Scheduled Cashflow |
| Total |
| 29,280,982.46 |
| 2,341,566.42 |
| 25,275,744.26 |
| 2,292,040.00 |
| 41,407,725.84 |
| 3,590,428.45 |
| 198,003.07 |
| 32,514,642.14 |
| 3,434,969.25 |
|
Discount Rate |
|
|
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
|
|
| 27,847,501.25 |
| 2,362,297.91 |
| 24,122,212.23 |
| 2,393,411.30 |
| 42,626,832.30 |
| 3,887,901.23 |
| 290,283.99 |
| 32,296,800.55 |
| 3,650,650.66 |
|
Scheduled Contract Value Decline |
|
|
| 1,052,635.33 |
| 139,590.97 |
| 807,894.47 |
| 159,721.57 |
| 5,268,606.51 |
| 440,189.82 |
| 137,010.02 |
| 3,057,048.28 |
| 410,706.89 |
|
Unscheduled Contract Value Decline |
|
|
| 293,851.47 |
| 13,401.37 |
| 409,130.02 |
| 32,457.20 |
| (83,391.10 | ) | 37,348.01 |
| (43,826.69 | ) | (187,758.56 | ) | (40,602.27 | ) |
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 |
|
|
| 26,501,014.45 |
| 2,209,305.56 |
| 22,905,187.75 |
| 2,201,232.53 |
| 37,441,616.88 |
| 3,410,363.40 |
| 197,100.65 |
| 29,427,510.83 |
| 3,280,546.04 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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 |
| 5/15/2004 |
|
|
| |
Actual Payment Date |
| 5/17/2004 |
|
|
| |
Collection Period Begin Date |
| 4/1/2004 |
|
|
| |
Collection Period End Date |
| 4/30/2004 |
|
|
| |
Days in accrual period (30/360) |
| 30 |
|
|
| |
Days in accrual period (act/360) |
| 32 |
|
|
| |
1 month LIBOR Rate |
| 1.1000 | % |
|
| |
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
| |
Wtd. Average Discount Rate |
| 6.750 | % |
|
| |
Beginning Contract Value |
| 345,432,511.93 |
|
|
| |
Scheduled Contract Value Decline |
| 18,299,217.87 |
|
|
| |
Unscheduled Contract Value Decline |
| 1,538,924.09 |
|
|
| |
Additional Contract Value Purchased |
| 0.00 |
|
|
| |
Ending Contract Value |
| 325,594,369.96 |
|
|
| |
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
| 0.00 |
|
|
| |
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 345,432,511.93 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 325,594,369.96 |
|
|
| |
Total Original Contract Value (including Additional Contracts) |
| 999,794,417.00 |
|
|
| |
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
| $ | 757,238.21 |
| 0.23 | % |
Scheduled Amounts 60 days or more past due |
| $ | 1,627,618.85 |
| 0.50 | % |
Net Losses on Liquidated Receivables |
| $ | 131,594.69 |
| 0.04 | % |
Cumulative Net Losses |
| $ | 3,616,947.84 |
|
|
|
Number of Loans at Beginning of Period |
| 25,973 |
|
|
| |
Number of Loans at End of Period |
| 24,547 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 825,038.07 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 818,830.57 |
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
| |
Receipts During the period |
| $ | 21,801,380.32 |
|
|
|
|
|
|
|
|
| |
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 |
| $ | 21,801,380.32 |
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
| $ | 43,964.33 |
|
|
|
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 |
| $ | 21,845,344.65 |
|
|
|
|
|
|
|
|
| |
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 |
| 5/17/2004 |
|
|
| |||||
|
|
|
|
|
|
| ||||
Calculation of Distributable Amounts |
|
|
|
|
| |||||
|
|
|
|
|
|
| ||||
| Current Servicing Fee Due | 1.000% |
|
| $ | 287,860.43 |
|
|
| |
| Past Due Servicing Fee |
| $ | 0.00 |
|
|
| |||
| Total Servicing Fee Due |
| $ | 287,860.43 |
|
|
| |||
|
|
|
|
|
|
| ||||
| 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) |
| $ | 345,432,511.93 |
|
|
| |||
| A-1 notes Beginning Principal balance |
| $ | 0.00 |
|
|
| |||
| A-2 notes Beginning Principal balance |
| $ | 0.00 |
|
|
| |||
| A-3 notes Beginning Principal balance |
| $ | 140,217,979.93 |
|
|
| |||
| A-4 notes Beginning Principal balance |
| $ | 183,625,000.00 |
|
|
| |||
| B notes Beginning Principal balance |
| $ | 10,362,975.36 |
|
|
| |||
| C notes Beginning Principal balance |
| $ | 11,226,556.64 |
|
|
| |||
|
|
|
|
|
|
| ||||
| 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 |
| 1.10000 | % |
|
| ||||
| Spread for Note |
| 0.25000 | % |
|
| ||||
| Floating Rate Yield |
| 1.35000 | % | ACT/360 |
| ||||
|
|
|
|
|
|
| ||||
| Class A-3 Current Interest Due |
| $ | 168,261.58 |
|
|
| |||
|
|
|
|
|
|
| ||||
| Class A-3 Swap float Rate receipt due |
| $ | 137,102.02 |
|
|
| |||
| Class A-3 Swap fixed Rate payment due | 4.2130% 30/360 |
| $ | 492,281.96 |
|
|
| ||
|
|
|
|
|
|
| ||||
| 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 |
| 355,179.94 |
|
|
| ||||
|
|
|
|
|
|
| ||||
| Class A-4 Current Interest Due |
|
|
|
|
| ||||
| 1 Month LIBOR Rate |
| 1.10000 | % |
|
| ||||
| Spread for Note |
| 0.30000 | % |
|
| ||||
| Floating Rate Yield |
| 1.40000 | % | ACT/360 |
| ||||
|
|
|
|
|
|
| ||||
| Class A-4 Current Interest Due |
| $ | 228,511.11 |
|
|
| |||
|
|
|
|
|
|
| ||||
| Class A-4 Swap float Rate receipt due |
| $ | 179,544.44 |
|
|
| |||
| 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 |
| 584,794.62 |
|
|
| ||||
|
|
|
|
|
|
| ||||
| Class B Current Interest Due |
|
|
|
|
| ||||
| 1 Month LIBOR Rate |
| 1.10000 | % |
|
| ||||
| Spread for Note |
| 0.97000 | % |
|
| ||||
| Floating Rate Yield |
| 2.07000 | % | ACT/360 |
| ||||
|
|
|
|
|
|
| ||||
| Class B Current Interest Due |
| $ | 19,067.87 |
|
|
| |||
|
|
|
|
|
|
| ||||
| Class B Swap float Rate receipt due |
| $ | 10,132.69 |
|
|
| |||
| Class B Swap fixed Rate payment due | 4.3230% 30/360 |
| $ | 37,332.62 |
|
|
| ||
|
|
|
|
|
|
| ||||
| 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 |
| 27,199.93 |
|
|
| ||||
|
|
|
|
|
|
| ||||
| Class C Current Interest Due |
|
|
|
|
| ||||
| 1 Month LIBOR Rate |
| 1.10000 | % |
|
| ||||
| Spread for Note |
| 1.90000 | % |
|
| ||||
| Floating Rate Yield |
| 3.00000 | % | ACT/360 |
| ||||
|
|
|
|
|
|
| ||||
| Class C Current Interest Due |
| $ | 29,937.48 |
|
|
| |||
|
|
|
|
|
|
| ||||
| Class C Swap float Rate receipt due |
| $ | 10,977.08 |
|
|
| |||
| Class C Swap fixed Rate payment due | 4.4675% 30/360 |
| $ | 41,795.53 |
|
|
| ||
|
|
|
|
|
|
| ||||
| 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 |
| 30,818.45 |
|
|
| ||||
|
|
|
|
|
|
| ||||
| Net Swap Payments Due |
| 997,992.94 |
|
|
| ||||
|
|
|
|
|
|
| ||||
|
|
|
|
|
|
| ||||
| 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 |
| $ | 168,261.58 |
|
|
|
| A-4 notes Total Interest Due |
| $ | 228,511.11 |
|
|
|
| B notes Total Interest Due |
| $ | 19,067.87 |
|
|
|
| C notes Total Interest Due |
| $ | 29,937.48 |
|
|
|
|
|
|
|
|
|
| |
| Class A Noteholders’ Monthly Principal Distributable Amount |
| $ | 18,598,258.09 |
|
|
|
| Class B Noteholders’ Monthly Principal Distributable Amount |
| $ | 595,144.26 |
|
|
|
| Class C Noteholders’ Monthly Principal Distributable Amount |
| $ | 644,739.62 |
|
|
|
| Reallocated Class C Principal Amount |
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
| |
| A-1 notes Principal Due |
| $ | 0.00 |
|
|
|
| A-2 notes Principal Due |
| $ | 0.00 |
|
|
|
| A-3 notes Principal Due |
| $ | 18,598,258.09 |
|
|
|
| A-4 notes Principal Due |
| $ | 0.00 |
|
|
|
| Class B notes Principal Due |
| $ | 595,144.26 |
|
|
|
| Class C notes Principal Due |
| $ | 644,739.62 |
|
|
|
|
|
|
|
|
|
| |
| Total notes Interest Due |
| $ | 445,778.04 |
|
|
|
| Total notes Principal Due |
| $ | 19,838,141.97 |
|
|
|
| Net Swap/Termination Payment Due |
| $ | 997,992.94 |
|
|
|
| Total notes Distributable Amount |
| $ | 21,281,912.95 |
|
|
|
|
|
|
|
|
|
| |
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 |
| 5/17/2004 |
|
|
| ||||
|
|
|
|
|
|
| |||
Cash Available for Distribution |
|
|
|
|
| ||||
| Total Collections + Reinvestment Income For The Period |
| $ | 21,845,344.65 |
|
|
| ||
|
|
|
|
|
|
| |||
| 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 |
| $ | 21,845,344.65 |
|
|
| ||
|
|
|
|
|
|
| |||
Cash Allocation (Cashflow Waterfall) |
|
|
| Available |
| ||||
| Is CNH the servicier |
| Yes |
|
|
| |||
| Servicing Fee Paid (If CNH is not the servicer) |
| $ | 0.00 |
|
|
| ||
| Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| ||
|
|
|
|
| $ | 21,845,344.65 |
| ||
| Administration Fee Paid |
| $ | 166.67 |
|
|
| ||
| Administration Fee Shortfall |
| $ | 0.00 |
|
|
| ||
|
|
|
|
| $ | 21,845,177.98 |
| ||
| Net Swap Payment Paid |
| $ | 997,992.94 |
|
|
| ||
| Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| ||
|
|
|
|
|
|
| |||
| Remaining Cash Available to Pay Class A Interest & Swap Termination Payment |
|
|
| $ | 20,847,185.04 |
| ||
|
|
|
|
|
|
| |||
| Cash Available to Pay Class A Interest |
| $ | 20,847,185.04 |
|
|
| ||
| 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 |
| $ | 168,261.58 |
|
|
| ||
| Class A-4 notes Interest Paid |
| $ | 228,511.11 |
|
|
| ||
|
|
|
|
|
|
| |||
| 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 |
| $ | 20,450,412.35 |
|
|
| ||
|
|
|
|
|
|
| |||
| 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 |
|
|
| $ | 20,450,412.35 |
| ||
|
|
|
|
|
|
| |||
| Cash Available to Pay Class B Interest |
| $ | 20,450,412.35 |
|
|
| ||
| Cash Available to Pay Class B Termination Payment |
| $ | 0.00 |
|
|
| ||
|
|
|
|
|
|
| |||
| Class B notes Interest Paid |
| $ | 19,067.87 |
|
|
| ||
| Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| ||
|
|
|
|
|
|
| |||
| Cash Available to Pay Class B Termination Payment |
| $ | 20,431,344.48 |
|
|
| ||
|
|
|
|
|
|
| |||
| 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 |
|
|
| $ | 20,431,344.48 |
| ||
|
|
|
|
|
|
| |||
| Cash Available to Pay Class C Interest |
| $ | 20,431,344.48 |
|
|
| ||
| Cash Available to Pay Class C Termination Payment |
| $ | 0.00 |
|
|
| ||
|
|
|
|
|
|
| |||
| Class C notes Interest Paid |
| $ | 29,937.48 |
|
|
| ||
| Class C notes Interest Shortfall |
| $ | 0.00 |
|
|
| ||
|
|
|
|
|
|
| |||
| Cash Available to Pay Class C Termination Payment |
| $ | 20,401,407.00 |
|
|
| ||
|
|
|
|
|
|
| |||
| 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 |
|
|
| ||
|
|
|
|
|
|
| |||
|
|
|
|
| $ | 20,401,407.00 |
| ||
| Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| ||
| Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| ||
| Class A-3 notes Principal Paid |
| $ | 18,598,258.09 |
|
|
| ||
| Class A-4 notes Principal Paid |
| $ | 0.00 |
|
|
| ||
| Class B notes Principal Paid |
| $ | 595,144.26 |
|
|
| ||
5
| Class C notes Principal Paid |
| $ | 644,739.62 |
|
|
| |
|
|
|
|
| $ | 563,265.03 |
| |
| Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
| $ | 563,265.03 |
| |
| Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 325,594,369.96 |
|
|
| |
| A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
| A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
| A-3 notes Ending Principal balance |
| $ | 121,619,721.84 |
|
|
| |
| A-4 notes Ending Principal balance |
| $ | 183,625,000.00 |
|
|
| |
| B notes Ending Principal balance |
| $ | 9,767,831.10 |
|
|
| |
| C notes Ending Principal balance |
| $ | 10,581,817.02 |
|
|
| |
|
|
|
|
|
|
| ||
| Servicing Fee Paid (If CNH is the servicer) |
| $ | 287,860.43 |
|
|
| |
| Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
| Release to Seller as Excess |
| $ | 275,404.60 |
| $ | 275,404.60 |
|
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 |
| 5/17/2004 |
|
|
|
|
| ||||||||
|
|
|
|
|
|
|
|
| |||||||
Summary and Factors |
| Amount |
| Factor |
| Per/$1000 |
| ||||||||
| Total Principal Balance of Notes and Certificates (Beginning of Period) |
| $ | 345,432,511.93 |
| 0.3454325 |
| $ | 345.43 |
| |||||
| 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 |
| $ | 140,217,979.93 |
| 0.3938497 |
| $ | 393.85 |
| |||||
| A-4 notes Beginning Principal balance |
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |||||
| B notes Beginning Principal balance |
| $ | 10,362,975.36 |
| 0.3454325 |
| $ | 345.43 |
| |||||
| C notes Beginning Principal balance |
| $ | 11,226,556.64 |
| 0.3454325 |
| $ | 345.43 |
| |||||
|
|
|
|
|
|
|
|
| |||||||
| Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 325,594,369.96 |
| 0.3255944 |
| $ | 325.59 |
| |||||
| A-1 notes Ending Principal balance | 2.0825% | $ | 162,400,000.00 |
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
| A-2 notes Ending Principal balance | 3.1300% | $ | 235,456,000.00 |
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
| A-3 notes Ending Principal balance | 4.4630% | $ | 356,019,000.00 |
|
| $ | 121,619,721.84 |
| 0.3416102 |
| $ | 341.61 |
| |
| A-4 notes Ending Principal balance | 5.2950% | $ | 183,625,000.00 | 93.75% |
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
| B notes Ending Principal balance | 5.2930% | $ | 30,000,000.00 | 3.00% |
| $ | 9,767,831.10 |
| 0.3255944 |
| $ | 325.59 |
| |
| C notes Ending Principal balance | 6.3675% | $ | 32,500,000.00 | 3.25% |
| $ | 10,581,817.02 |
| 0.3255944 |
| $ | 325.59 |
| |
|
|
|
|
|
|
|
|
| |||||||
| 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 |
| $ | 168,261.58 |
| 0.0004726 |
| $ | 0.47 |
| |||||
| Class A-4 notes Interest Paid |
| $ | 228,511.11 |
| 0.0012444 |
| $ | 1.24 |
| |||||
| Class B notes Interest Paid |
| $ | 19,067.87 |
| 0.0006356 |
| $ | 0.64 |
| |||||
| Class C notes Interest Paid |
| $ | 29,937.48 |
| 0.0009212 |
| $ | 0.92 |
| |||||
|
|
|
|
|
|
|
|
| |||||||
| 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-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 |
| |||||
| Class C notes 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 |
| $ | 18,598,258.09 |
| 0.0522395 |
| $ | 52.24 |
| |||||
| Class A-4 notes Principal Paid |
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |||||
| Class B notes Principal Paid |
| $ | 595,144.26 |
| 0.0198381 |
| $ | 19.84 |
| |||||
| Class C notes Principal Paid |
| $ | 644,739.62 |
| 0.0198381 |
| $ | 19.84 |
| |||||
|
|
|
|
|
|
|
|
| |||||||
Negative Carry Account |
|
|
|
|
|
|
| ||||||||
| Negative Carry | 3/27/2002 |
| 2.474 | % |
|
|
|
| ||||||
| Negative Carry Days Remaining | 9/16/2002 |
| 0 |
|
|
|
|
| ||||||
| Required Negative Carry Account |
| $ | 0.00 |
|
|
|
|
| ||||||
| Beginning Negative Carry Account |
| $ | 0.00 |
|
|
|
|
| ||||||
| Negative Carry Account Withdrawals to Distribution Account |
| $ | 0.00 |
|
|
|
|
| ||||||
| Negative Carry Released to Seller |
| $ | 0.00 |
|
|
|
|
| ||||||
| Ending Negative Carry Account Balance |
| $ | 0.00 |
|
|
|
|
| ||||||
|
|
|
|
|
|
|
|
| |||||||
Spread Account |
|
|
|
|
|
|
| ||||||||
| Required Spread Account Balance | 3.25% |
| $ | 32,493,318.55 |
|
|
|
|
| |||||
| Beginning Spread Account Balance | 4.50% |
| $ | 32,493,318.55 |
|
|
|
|
| |||||
| Additional Deposit to Spread Account from Pre-funding |
| $ | 0.00 |
|
|
|
|
| ||||||
| Spread Account Withdrawals to Distribution Account |
| $ | 0.00 |
|
|
|
|
| ||||||
| Spread Account Deposits from Excess Cash |
| $ | 0.00 |
|
|
|
|
| ||||||
| Spread Account Released to Seller |
| $ | 0.00 |
|
|
|
|
| ||||||
| Ending Spread Account Balance |
| $ | 32,493,318.55 |
|
|
|
|
| ||||||
|
|
|
|
|
|
|
|
| |||||||
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 Withdrawals 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 |
|
|
|
|
| ||||||
| Excess Release to Noteholders for Unpurchased Amount |
| $ | 0.00 |
|
|
|
|
| ||||||
| Ending Pre-funding Account Balance |
| $ | 0.00 |
|
|
|
|
| ||||||
| Release to seller |
| $ | 0.00 |
|
|
|
|
| ||||||
|
|
|
|
|
|
|
|
| |||||||
| Total Release to Seller |
| $ | 563,431.70 |
|
|
|
|
| ||||||
7
