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 |
| 5/31/2004 |
| ||||||||||||||
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 |
|
Pool |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
|
Scheduled Cashflows |
| 137,311.47 |
| 787,631.60 |
| 7,238.01 |
| 118,686.71 |
| 576,819.38 |
| 1,330,256.16 |
| 15,799.69 |
| 70,812.40 |
|
|
| 267,119.63 |
| 1,464,412.89 |
| 97,029.07 |
| 719,882.92 |
| 383,003.21 |
| 1,726,840.30 |
| 68,869.70 |
| 353,825.41 |
|
|
| 448,430.87 |
| 1,811,382.59 |
| 116,671.28 |
| 843,480.39 |
| 523,530.29 |
| 1,909,976.39 |
| 87,979.72 |
| 351,326.29 |
|
|
| 473,908.38 |
| 1,440,923.67 |
| 118,985.12 |
| 865,809.78 |
| 518,121.72 |
| 1,773,841.41 |
| 82,921.34 |
| 300,517.93 |
|
|
| 390,485.23 |
| 1,737,864.31 |
| 117,868.04 |
| 871,844.78 |
| 414,656.95 |
| 1,738,136.22 |
| 81,915.60 |
| 291,011.60 |
|
|
| 381,860.10 |
| 3,004,201.80 |
| 130,474.73 |
| 912,051.33 |
| 427,536.39 |
| 2,813,080.00 |
| 87,642.25 |
| 988,865.57 |
|
|
| 533,726.61 |
| 7,484,991.06 |
| 118,212.63 |
| 970,087.19 |
| 499,169.70 |
| 5,306,026.14 |
| 83,066.43 |
| 3,602,092.05 |
|
|
| 795,912.73 |
| 9,443,808.68 |
| 135,778.76 |
| 866,149.04 |
| 452,462.96 |
| 4,051,318.79 |
| 100,059.66 |
| 922,720.55 |
|
|
| 1,652,400.64 |
| 6,887,941.02 |
| 170,361.91 |
| 248,028.38 |
| 1,474,468.34 |
| 2,824,939.01 |
| 232,672.24 |
| 296,649.86 |
|
|
| 4,252,122.91 |
| 1,445,706.76 |
| 215,998.90 |
| 37,616.01 |
| 2,229,449.02 |
| 1,213,223.50 |
| 206,713.28 |
| 4,066.24 |
|
|
| 575,567.81 |
| 1,341,714.82 |
| 20,610.81 |
| 18,005.39 |
| 358,826.21 |
| 1,245,141.41 |
| 2,942.98 |
| 3,365.46 |
|
|
| 334,942.56 |
| 1,275,046.92 |
| 14,578.62 |
| 15,434.99 |
| 376,114.69 |
| 1,282,756.05 |
| 4,088.46 |
| 3,025.51 |
|
|
| 335,162.72 |
| 1,280,749.67 |
| 14,578.62 |
| 15,434.99 |
| 332,625.22 |
| 1,372,117.73 |
| 1,102.23 |
| 4,666.83 |
|
|
| 243,674.62 |
| 1,257,604.75 |
| 14,578.62 |
| 26,144.27 |
| 328,158.32 |
| 1,396,742.50 |
| 2,630.40 |
| 14,241.28 |
|
|
| 321,975.21 |
| 1,395,068.79 |
| 14,578.62 |
| 15,434.99 |
| 387,084.12 |
| 1,436,691.79 |
| 5,116.13 |
| 4,666.83 |
|
|
| 346,271.30 |
| 1,155,417.48 |
| 14,578.62 |
| 15,434.99 |
| 422,356.26 |
| 1,282,215.56 |
| 2,630.40 |
| 4,666.83 |
|
|
| 266,010.76 |
| 1,300,349.67 |
| 14,578.62 |
| 15,434.99 |
| 340,955.00 |
| 1,279,612.14 |
| 2,630.40 |
| 4,666.83 |
|
|
| 278,897.43 |
| 2,229,784.40 |
| 24,597.37 |
| 15,434.99 |
| 348,477.42 |
| 2,136,388.24 |
| 5,116.13 |
| 4,666.83 |
|
|
| 396,674.38 |
| 5,633,708.82 |
| 14,578.62 |
| 36,576.18 |
| 411,366.67 |
| 4,432,254.46 |
| 2,630.40 |
| 10,249.30 |
|
|
| 618,803.90 |
| 7,081,024.88 |
| 14,578.62 |
| 41,587.09 |
| 356,192.81 |
| 3,117,707.20 |
| 11,124.73 |
| 126,070.08 |
|
|
| 1,332,689.28 |
| 4,921,297.66 |
| 14,578.52 |
| 6,649.83 |
| 1,201,623.63 |
| 2,070,220.25 |
| 31,461.26 |
| 44,231.37 |
|
|
| 2,926,852.91 |
| 921,806.82 |
| 28,314.89 |
| 6,649.83 |
| 1,802,165.36 |
| 818,902.36 |
| 10,558.73 |
| 249.90 |
|
|
| 360,515.16 |
| 843,595.12 |
| 10,208.28 |
| 6,649.83 |
| 250,988.49 |
| 833,959.72 |
| 1,102.23 |
| 249.90 |
|
|
| 229,654.78 |
| 799,636.84 |
| 10,251.34 |
| 6,649.83 |
| 248,980.36 |
| 855,923.89 |
| 3,587.96 |
| 103.97 |
|
|
| 222,870.06 |
| 762,432.67 |
| 10,727.17 |
| 6,649.83 |
| 226,847.01 |
| 929,890.97 |
| 1,102.23 |
| 1,641.32 |
|
|
| 140,062.46 |
| 705,036.80 |
| 10,381.53 |
| 17,359.11 |
| 218,539.83 |
| 929,957.01 |
| 2,630.40 |
| 11,215.77 |
|
|
| 211,963.22 |
| 820,684.18 |
| 10,208.28 |
| 6,649.83 |
| 257,515.02 |
| 983,146.98 |
| 5,116.13 |
| 1,641.32 |
|
|
| 215,401.75 |
| 641,038.92 |
| 10,208.28 |
| 6,649.83 |
| 286,610.02 |
| 825,470.83 |
| 2,630.40 |
| 1,641.32 |
|
|
| 164,640.67 |
| 723,133.45 |
| 10,208.28 |
| 6,649.83 |
| 225,863.95 |
| 830,803.79 |
| 2,630.40 |
| 1,641.32 |
|
|
| 170,518.53 |
| 1,538,265.20 |
| 10,208.28 |
| 6,649.53 |
| 227,863.11 |
| 1,546,090.49 |
| 5,116.13 |
| 1,641.31 |
|
|
| 388,176.52 |
| 4,470,605.09 |
| 10,208.28 |
| 26,717.35 |
| 270,557.90 |
| 3,410,684.36 |
| 2,630.30 |
| 7,223.60 |
|
|
| 380,494.14 |
| 5,120,485.40 |
| 10,208.28 |
| 32,810.88 |
| 228,027.87 |
| 2,004,648.91 |
| 11,124.73 |
| 125,820.09 |
|
|
| 990,954.44 |
| 3,169,720.05 |
| 10,208.28 |
| 4,829.12 |
| 898,527.53 |
| 1,054,143.71 |
| 31,460.77 |
| 43,981.47 |
|
|
| 2,157,749.20 |
| 199,107.32 |
| 50,809.64 |
| 0.00 |
| 1,302,099.47 |
| 87,910.77 |
| 9,456.50 |
| 0.00 |
|
|
| 149,674.47 |
| 101,615.47 |
| 944.75 |
| 0.00 |
| 66,310.98 |
| 75,640.06 |
| 0.00 |
| 0.00 |
|
|
| 7,612.87 |
| 33,867.35 |
| 944.75 |
| 0.00 |
| 37,230.89 |
| 72,475.90 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 82,899.12 |
| 0.00 |
| 0.00 |
| 18,752.54 |
| 50,671.84 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 10,976.40 |
| 0.00 |
| 0.00 |
| 15,328.96 |
| 75,280.89 |
| 0.00 |
| 0.00 |
|
|
| 18,895.16 |
| 14,180.03 |
| 0.00 |
| 0.00 |
| 15,328.96 |
| 60,983.46 |
| 0.00 |
| 0.00 |
|
|
| 18,045.40 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 16,864.84 |
| 56,950.05 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 4,466.59 |
| 0.00 |
| 0.00 |
| 15,047.26 |
| 55,855.41 |
| 0.00 |
| 0.00 |
|
|
| 6,705.46 |
| 43,684.06 |
| 0.00 |
| 0.00 |
| 14,816.11 |
| 104,315.67 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 150,274.95 |
| 0.00 |
| 0.00 |
| 33,763.62 |
| 239,603.76 |
| 0.00 |
| 0.00 |
|
|
| 48,429.77 |
| 180,695.14 |
| 0.00 |
| 0.00 |
| 14,767.52 |
| 134,291.68 |
| 0.00 |
| 0.00 |
|
|
| 35,851.33 |
| 116,051.91 |
| 0.00 |
| 0.00 |
| 53,834.24 |
| 81,186.88 |
| 0.00 |
| 0.00 |
|
|
| 46,560.69 |
| 370.79 |
| 0.00 |
| 0.00 |
| 80,847.32 |
| 1,584.49 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 346.08 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 584.50 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 6,366.83 |
| 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 |
| 370.44 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 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 |
| 23,279,890.41 |
| 85,847,948.93 |
| 1,599,074.42 |
| 6,810,124.03 |
| 19,191,408.05 |
| 61,859,859.13 |
| 1,208,260.34 |
| 7,603,456.34 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning 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 |
|
Scheduled Contract Value Decline |
| 400,512.69 |
| 1,717,420.99 |
| 90,943.45 |
| 807,823.06 |
| 873,410.65 |
| 2,626,106.84 |
| 74,202.65 |
| 351,510.18 |
|
Unscheduled Contract Value Decline |
| 15,396.92 |
| 458,858.10 |
| 31,435.65 |
| 58,375.26 |
| (347,836.36 | ) | (420,109.22 | ) | 22,557.70 |
| 32,886.80 |
|
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 21,219,690.47 |
| 78,836,500.28 |
| 1,519,689.29 |
| 6,621,774.40 |
| 17,549,255.47 |
| 56,987,834.07 |
| 1,154,229.44 |
| 7,338,023.07 |
|
|
| 502034 |
| 502035 |
| 5502034 |
| 5502035 |
| 502036 |
| 502037 |
| 502038 |
| 5502036 |
|
Cutoff Date |
| 5/31/2004 |
| ||||||||||||||
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 |
|
Pool |
| Pool 9 |
| Pool 10 |
| Pool 11 |
| Pool 12 |
| Pool 13 |
| Pool 14 |
| Pool 15 |
| Pool 16 |
|
Scheduled Cashflows |
| 322,104.45 |
| 29,528.97 |
| 260,161.29 |
| 45,707.11 |
| 671,874.08 |
| 44,850.49 |
| 138,538.68 |
| 654,332.89 |
|
|
| 422,786.69 |
| 126,402.76 |
| 509,684.96 |
| 142,567.08 |
| 576,147.49 |
| 190,110.24 |
| 35,851.15 |
| 658,517.53 |
|
|
| 408,718.50 |
| 142,571.04 |
| 547,996.44 |
| 162,644.11 |
| 630,567.96 |
| 228,728.42 |
| 5,481.33 |
| 714,595.21 |
|
|
| 511,400.33 |
| 145,922.73 |
| 600,003.54 |
| 172,190.54 |
| 731,801.84 |
| 227,145.90 |
| 0.00 |
| 706,883.65 |
|
|
| 721,554.17 |
| 145,924.61 |
| 765,563.18 |
| 193,893.02 |
| 821,780.10 |
| 238,613.51 |
| 0.00 |
| 872,659.38 |
|
|
| 451,756.72 |
| 154,619.68 |
| 569,101.68 |
| 167,042.65 |
| 814,231.38 |
| 232,051.92 |
| 0.00 |
| 844,138.08 |
|
|
| 454,009.08 |
| 147,770.90 |
| 596,200.56 |
| 173,832.24 |
| 750,169.30 |
| 228,023.55 |
| 0.00 |
| 772,818.66 |
|
|
| 715,795.05 |
| 159,038.05 |
| 668,165.21 |
| 172,816.63 |
| 986,676.68 |
| 245,162.80 |
| 8,677.29 |
| 842,361.20 |
|
|
| 634,162.74 |
| 146,360.36 |
| 573,097.71 |
| 178,164.83 |
| 752,531.81 |
| 235,825.20 |
| 0.00 |
| 737,272.43 |
|
|
| 2,349,286.06 |
| 210,024.06 |
| 2,034,882.87 |
| 366,516.18 |
| 793,600.95 |
| 246,989.63 |
| 0.00 |
| 687,648.98 |
|
|
| 4,901,476.76 |
| 216,610.18 |
| 2,092,463.11 |
| 249,278.78 |
| 4,043,859.02 |
| 476,126.82 |
| 0.00 |
| 2,523,497.00 |
|
|
| 566,939.04 |
| 34,504.60 |
| 452,058.52 |
| 6,193.02 |
| 5,963,884.37 |
| 316,651.82 |
| 0.00 |
| 2,474,214.45 |
|
|
| 350,655.25 |
| 17,929.58 |
| 476,439.84 |
| 2,050.00 |
| 577,940.89 |
| 31,845.19 |
| 0.00 |
| 600,484.41 |
|
|
| 375,235.11 |
| 17,929.58 |
| 476,341.35 |
| 1,262.44 |
| 534,024.20 |
| 23,917.85 |
| 0.00 |
| 625,911.61 |
|
|
| 312,844.41 |
| 19,368.69 |
| 464,626.48 |
| 1,262.44 |
| 495,611.47 |
| 23,775.85 |
| 0.00 |
| 602,983.77 |
|
|
| 394,424.20 |
| 19,368.69 |
| 505,049.09 |
| 6,789.69 |
| 492,752.17 |
| 20,490.18 |
| 0.00 |
| 587,654.49 |
|
|
| 576,297.68 |
| 19,368.69 |
| 646,790.24 |
| 1,262.44 |
| 656,283.52 |
| 12,407.22 |
| 0.00 |
| 715,180.15 |
|
|
| 352,340.35 |
| 27,730.79 |
| 483,014.09 |
| 1,262.44 |
| 622,765.11 |
| 14,996.58 |
| 0.00 |
| 711,472.79 |
|
|
| 343,957.68 |
| 19,368.69 |
| 481,893.32 |
| 1,262.44 |
| 606,708.74 |
| 12,407.22 |
| 0.00 |
| 632,209.33 |
|
|
| 541,677.83 |
| 30,635.84 |
| 537,539.21 |
| 1,262.44 |
| 713,084.66 |
| 20,429.72 |
| 0.00 |
| 716,743.03 |
|
|
| 469,032.61 |
| 17,929.58 |
| 489,850.10 |
| 1,262.44 |
| 595,869.46 |
| 14,996.58 |
| 0.00 |
| 598,585.33 |
|
|
| 1,650,599.55 |
| 17,929.58 |
| 1,667,252.76 |
| 12,399.39 |
| 623,845.31 |
| 32,407.22 |
| 0.00 |
| 563,205.76 |
|
|
| 3,718,163.43 |
| 58,653.44 |
| 1,558,274.95 |
| 28,912.77 |
| 2,909,166.44 |
| 32,638.81 |
| 0.00 |
| 2,117,358.43 |
|
|
| 386,020.91 |
| 16,931.48 |
| 358,711.44 |
| 165.03 |
| 4,146,537.05 |
| 52,171.67 |
| 0.00 |
| 1,967,418.78 |
|
|
| 206,309.61 |
| 16,931.48 |
| 365,305.74 |
| 165.03 |
| 357,810.50 |
| 8,645.81 |
| 0.00 |
| 429,597.32 |
|
|
| 194,268.67 |
| 16,931.48 |
| 362,254.09 |
| 165.03 |
| 353,504.96 |
| 8,645.81 |
| 0.00 |
| 454,684.69 |
|
|
| 167,870.60 |
| 18,370.59 |
| 348,924.26 |
| 165.03 |
| 277,111.72 |
| 8,645.81 |
| 0.00 |
| 428,529.72 |
|
|
| 252,160.52 |
| 18,370.59 |
| 379,960.57 |
| 5,692.28 |
| 292,375.48 |
| 8,645.81 |
| 0.00 |
| 415,604.61 |
|
|
| 362,326.53 |
| 18,370.59 |
| 492,572.78 |
| 165.03 |
| 424,338.61 |
| 8,645.81 |
| 0.00 |
| 526,520.98 |
|
|
| 200,346.09 |
| 26,732.69 |
| 351,544.02 |
| 165.03 |
| 372,532.57 |
| 8,645.81 |
| 0.00 |
| 505,012.61 |
|
|
| 159,141.04 |
| 18,370.59 |
| 360,986.92 |
| 165.03 |
| 408,147.82 |
| 8,645.81 |
| 0.00 |
| 469,135.64 |
|
|
| 349,210.21 |
| 29,637.86 |
| 409,941.71 |
| 165.03 |
| 428,047.95 |
| 8,645.81 |
| 0.00 |
| 531,132.63 |
|
|
| 293,339.58 |
| 16,229.78 |
| 350,641.29 |
| 165.03 |
| 376,865.20 |
| 8,645.81 |
| 0.00 |
| 430,741.51 |
|
|
| 1,278,715.04 |
| 15,885.22 |
| 1,416,911.12 |
| 11,302.28 |
| 387,352.53 |
| 28,645.81 |
| 0.00 |
| 387,066.56 |
|
|
| 2,764,120.25 |
| 27,856.37 |
| 1,118,990.00 |
| 14,120.00 |
| 2,220,846.77 |
| 19,205.45 |
| 0.00 |
| 1,566,880.51 |
|
|
| 160,090.47 |
| 1,306.27 |
| 45,956.90 |
| 0.00 |
| 2,972,116.97 |
| 33,537.56 |
| 0.00 |
| 1,283,706.01 |
|
|
| 8,995.57 |
| 1,306.07 |
| 30,294.93 |
| 0.00 |
| 167,022.53 |
| 1,409.99 |
| 0.00 |
| 44,998.95 |
|
|
| 20,760.58 |
| 0.00 |
| 39,318.85 |
| 0.00 |
| 80,381.33 |
| 1,409.99 |
| 0.00 |
| 59,148.14 |
|
|
| 7,564.37 |
| 0.00 |
| 28,995.50 |
| 0.00 |
| 1,194.40 |
| 1,409.99 |
| 0.00 |
| 39,990.50 |
|
|
| 2,973.45 |
| 0.00 |
| 28,476.81 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 39,990.50 |
|
|
| 21,860.71 |
| 0.00 |
| 78,603.35 |
| 0.00 |
| 88,864.80 |
| 1,409.99 |
| 0.00 |
| 43,015.64 |
|
|
| 21,859.85 |
| 0.00 |
| 28,333.32 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 45,445.94 |
|
|
| 2,973.45 |
| 0.00 |
| 28,311.19 |
| 0.00 |
| 73,818.75 |
| 1,409.99 |
| 0.00 |
| 54,781.99 |
|
|
| 23,512.44 |
| 0.00 |
| 37,113.07 |
| 0.00 |
| 12,809.61 |
| 1,409.99 |
| 0.00 |
| 224,975.52 |
|
|
| 2,973.45 |
| 0.00 |
| 27,995.13 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 37,969.12 |
|
|
| 2,973.45 |
| 0.00 |
| 86,383.93 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 37,560.33 |
|
|
| 60,330.19 |
| 0.00 |
| 83,896.15 |
| 0.00 |
| 40,288.82 |
| 1,409.99 |
| 0.00 |
| 149,240.61 |
|
|
| 0.00 |
| 0.00 |
| 550.84 |
| 0.00 |
| 43,963.04 |
| 1,410.21 |
| 0.00 |
| 107,075.73 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 267.96 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 2,014.72 |
| 0.00 |
| 0.00 |
| 648.83 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 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 |
| 28,495,914.72 |
| 2,168,722.15 |
| 24,317,424.41 |
| 2,122,434.95 |
| 39,893,123.08 |
| 3,378,885.60 |
| 188,548.45 |
| 31,241,869.89 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning 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 |
|
Scheduled Contract Value Decline |
| 617,439.73 |
| 139,975.84 |
| 661,381.27 |
| 170,539.94 |
| 1,364,954.72 |
| 194,516.94 |
| 153,729.06 |
| 1,282,874.57 |
|
Unscheduled Contract Value Decline |
| (12,820.45 | ) | 16,201.04 |
| 135,645.03 |
| (13,518.17 | ) | (109,313.13 | ) | (2,354.58 | ) | (144,581.06 | ) | (210,562.61 | ) |
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 25,896,395.18 |
| 2,053,128.68 |
| 22,108,161.45 |
| 2,044,210.76 |
| 36,185,975.29 |
| 3,218,201.04 |
| 187,952.66 |
| 28,355,198.87 |
|
|
| 5502037 |
|
Cutoff Date |
| 5/31/2004 |
|
Date Added |
| 4/30/2002 |
|
Pool |
| Pool 17 |
|
Scheduled Cashflows |
| 56,945.88 |
|
|
| 219,873.46 |
|
|
| 235,277.63 |
|
|
| 243,727.08 |
|
|
| 253,656.49 |
|
|
| 240,459.92 |
|
|
| 242,083.82 |
|
|
| 235,379.67 |
|
|
| 231,744.90 |
|
|
| 235,681.17 |
|
|
| 458,417.86 |
|
|
| 235,390.75 |
|
|
| 6,240.87 |
|
|
| 7,103.06 |
|
|
| 7,103.06 |
|
|
| 7,103.06 |
|
|
| 12,001.33 |
|
|
| 7,103.06 |
|
|
| 7,103.06 |
|
|
| 5,328.37 |
|
|
| 5,328.37 |
|
|
| 5,328.37 |
|
|
| 74,765.63 |
|
|
| 37,984.50 |
|
|
| 1,570.38 |
|
|
| 3,345.07 |
|
|
| 3,345.07 |
|
|
| 3,345.07 |
|
|
| 8,243.34 |
|
|
| 3,345.07 |
|
|
| 3,344.87 |
|
|
| 1,570.38 |
|
|
| 1,570.38 |
|
|
| 1,570.38 |
|
|
| 43,216.78 |
|
|
| 26,907.87 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 0.00 |
|
|
| 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 |
| 3,172,506.03 |
|
Discount Rate |
| 6.750 | % |
Beginning Contract Value |
| 3,280,546.04 |
|
Scheduled Contract Value Decline |
| 286,243.52 |
|
Unscheduled Contract Value Decline |
| (43,866.51 | ) |
Additional Contract Value Added |
| 0.00 |
|
Ending Contract Value |
| 3,038,169.03 |
|
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 |
| 6/15/2004 |
|
|
| |
Actual Payment Date |
| 6/15/2004 |
|
|
| |
Collection Period Begin Date |
| 5/1/2004 |
|
|
| |
Collection Period End Date |
| 5/31/2004 |
|
|
| |
Days in accrual period (30/360) |
| 30 |
|
|
| |
Days in accrual period (act/360) |
| 29 |
|
|
| |
1 month LIBOR Rate |
| 1.1000 | % |
|
| |
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
| |
Wtd. Average Discount Rate |
| 6.750 | % |
|
| |
Beginning Contract Value |
| 325,594,369.96 |
|
|
| |
Scheduled Contract Value Decline |
| 11,813,586.10 |
|
|
| |
Unscheduled Contract Value Decline |
| (533,605.60 | ) |
|
| |
Additional Contract Value Purchased |
| 0.00 |
|
|
| |
Ending Contract Value |
| 314,314,389.46 |
|
|
| |
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
| 0.00 |
|
|
| |
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 325,594,369.96 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 314,314,389.46 |
|
|
| |
Total Original Contract Value (including Additional Contracts) |
| 999,794,417.00 |
|
|
| |
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
| $ | 693,105.11 |
| 0.22 | % |
Scheduled Amounts 60 days or more past due |
| $ | 1,761,868.95 |
| 0.56 | % |
Net Losses on Liquidated Receivables |
| $ | 86,616.62 |
| 0.03 | % |
Cumulative Net Losses |
| $ | 3,703,564.46 |
|
|
|
Number of Loans at Beginning of Period |
| 24,547 |
|
|
| |
Number of Loans at End of Period |
| 24,188 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 818,830.57 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 786,006.35 |
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
| |
Receipts During the period |
| $ | 13,147,632.98 |
|
|
|
|
|
|
|
|
| |
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 |
| $ | 13,147,632.98 |
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
| $ | 37,017.58 |
|
|
|
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 |
| $ | 13,184,650.56 |
|
|
|
|
|
|
|
|
| |
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 |
|
|
|
|
|
|
| 6/15/2004 |
|
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| ||
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| ||
Calculation of Distributable Amounts |
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| ||
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|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 271,328.64 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 1,667,464.71 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 1,938,793.35 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Administration Fee Due |
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|
|
|
| $ | 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) |
|
|
|
|
|
|
| $ | 723,503,813.68 |
|
|
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 84,837,431.77 |
|
|
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 183,625,000.00 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 439,456,687.58 |
|
|
| |
C notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 15,584,694.33 |
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| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Current Interest Due |
| 2.0825 | % | act/360 |
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Current Interest Due |
| 3.1300 | % | 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
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|
| ||
Class A-3 Current Interest Due |
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|
|
|
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| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 1.10000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.25000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 1.35000 | % | ACT/360 |
| ||
|
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|
|
|
|
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|
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| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
| $ | 92,260.71 |
|
|
| |
|
|
|
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|
|
|
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| ||
Class A-3 Swap float Rate receipt due |
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|
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|
|
| $ | 75,175.39 |
|
|
| |
Class A-3 Swap fixed Rate payment due |
| 4.2130 | % | 30/360 |
|
|
| $ | 297,850.08 |
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| |
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| ||
Class A-3 Net Swap receipt |
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|
| 0.00 |
|
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| ||
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 |
|
|
|
|
|
|
| 222,674.69 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
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|
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|
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| ||
1 Month LIBOR Rate |
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|
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|
| 1.10000 | % |
|
| ||
Spread for Note |
|
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|
|
| 0.30000 | % |
|
| ||
Floating Rate Yield |
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| 1.40000 | % | ACT/360 |
| ||
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|
|
|
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| ||
Class A-4 Current Interest Due |
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|
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|
|
| $ | 207,088.19 |
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| |
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| ||
Class A-4 Swap float Rate receipt due |
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|
| $ | 162,712.15 |
|
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| |
Class A-4 Swap fixed Rate payment due |
| 4.9950 | % | 30/360 |
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|
| $ | 764,339.06 |
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| |
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|
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|
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| ||
Class A-4 Net Swap receipt |
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| 0.00 |
|
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| ||
Class A-4 Past due Net Swap payment |
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|
| 0.00 |
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| ||
Interest on Class A-4 Past due Net Swap payment |
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|
|
| 0.00 |
|
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| ||
Class A-4 Net Swap payment |
|
|
|
|
|
|
| 601,626.91 |
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| ||
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Class B Current Interest Due |
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|
|
|
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|
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| ||
1 Month LIBOR Rate |
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|
|
|
| 1.10000 | % |
|
| ||
Spread for Note |
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|
|
| 0.97000 | % |
|
| ||
Floating Rate Yield |
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| 2.07000 | % | ACT/360 |
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Class B Current Interest Due |
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| $ | 732,794.03 |
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| |
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| ||
Class B Swap float Rate receipt due |
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| $ | 389,407.45 |
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| |
Class B Swap fixed Rate payment due |
| 4.3230 | % | 30/360 |
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| $ | 1,583,142.72 |
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| |
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| ||
Class B Net Swap receipt |
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| 0.00 |
|
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| ||
Class B Past due Net Swap payment |
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| 0.00 |
|
|
| ||
Interest on Class B Past due Net Swap payment |
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|
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|
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| 0.00 |
|
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| ||
Class B Net Swap payment |
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|
|
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|
|
| 1,193,735.27 |
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| ||
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Class C Current Interest Due |
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1 Month LIBOR Rate |
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| 1.10000 | % |
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| ||
Spread for Note |
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|
|
| 1.90000 | % |
|
| ||
Floating Rate Yield |
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| 3.00000 | % | ACT/360 |
| ||
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| ||
Class C Current Interest Due |
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|
|
| $ | 37,663.01 |
|
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| |
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| ||
Class C Swap float Rate receipt due |
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| $ | 13,809.77 |
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| |
Class C Swap fixed Rate payment due |
| 4.4675 | % | 30/360 |
|
|
| $ | 58,020.52 |
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| |
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| ||
Class C Net Swap receipt |
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| 0.00 |
|
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| ||
Class C Past due Net Swap payment |
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| 0.00 |
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| ||
Interest on Class C Past due Net Swap payment |
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| 0.00 |
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| ||
Class C Net Swap payment |
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|
|
| 44,210.75 |
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| ||
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Net Swap Payments Due |
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|
|
|
|
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| 2,062,247.62 |
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| ||
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A-1 notes Past Due Interest |
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| $ | 0.00 |
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| |
A-2 notes Past Due Interest |
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| $ | 0.00 |
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| |
A-3 notes Past Due Interest |
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| $ | 0.00 |
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| |
A-4 notes Past Due Interest |
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| $ | 0.00 |
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| |
B notes Past Due Interest |
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|
| $ | 0.00 |
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| |
C notes Past Due Interest |
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| $ | 0.00 |
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| |
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| ||
A-1 notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
A-2 notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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A-3 notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
A-4 notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
B notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
C notes Interest Due on Past Due Interest |
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| $ | 0.00 |
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| |
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| ||
A-1 notes Total Interest Due |
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|
| $ | 0.00 |
|
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| |
A-2 notes Total Interest Due |
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|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Total Interest Due |
|
|
|
|
|
|
| $ | 92,260.71 |
|
|
| |
A-4 notes Total Interest Due |
|
|
|
|
|
|
| $ | 207,088.19 |
|
|
| |
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 732,794.03 |
|
|
| |
C notes Total Interest Due |
|
|
|
|
|
|
| $ | 37,663.01 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
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| ||
Class A Noteholders’ Monthly Principal Distributable Amount |
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|
|
|
|
|
| $ | 268,462,431.77 |
|
|
| |
Class B Noteholders’ Monthly Principal Distributable Amount |
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|
|
|
|
|
| $ | 140,726,992.45 |
|
|
| |
Class C Noteholders’ Monthly Principal Distributable Amount |
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|
| $ | 0.00 |
|
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| |
Reallocated Class C Principal Amount |
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| $ | 0.00 |
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| |
|
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|
|
|
|
|
|
|
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| ||
A-1 notes Principal Due |
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|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Principal Due |
|
|
|
|
|
|
| $ | 84,837,431.77 |
|
|
| |
A-4 notes Principal Due |
|
|
|
|
|
|
| $ | 183,625,000.00 |
|
|
| |
Class B notes Principal Due |
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|
|
|
|
|
| $ | 140,726,992.45 |
|
|
| |
Class C notes Principal Due |
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|
|
| $ | 0.00 |
|
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| |
|
|
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|
|
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|
|
| ||
Total notes Interest Due |
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|
|
|
|
|
| $ | 1,069,805.94 |
|
|
| |
Total notes Principal Due |
|
|
|
|
|
|
| $ | 409,189,424.22 |
|
|
| |
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 2,062,247.62 |
|
|
| |
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 412,321,477.78 |
|
|
| |
3
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 |
| 6/15/2004 |
|
|
| ||
|
|
|
|
|
| ||
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 13,184,650.56 |
|
|
| |
|
|
|
|
|
| ||
Beginning Negitive Carry Account |
| $ | 0.00 |
|
|
| |
Deposits from Negitive Carry Account to Distribution Account |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Beginning Spread Account Balance |
| $ | 0.00 |
|
|
| |
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 |
|
|
| |
|
|
|
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|
| ||
Beginning Prefunding Account |
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|
|
|
| ||
Deposits from Prefunding Account |
|
|
|
|
| ||
|
|
|
|
|
| ||
Total Cash Available |
| $ | 13,184,650.56 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| 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 |
|
|
| |
|
|
|
| $ | 13,184,650.56 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 13,184,483.89 |
| |
Net Swap Payment Paid |
| $ | 2,062,247.62 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class A Interest & Swap Termination Payment |
|
|
| $ | 11,122,236.27 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Interest |
| $ | 11,122,236.27 |
|
|
| |
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 |
| $ | 92,260.71 |
|
|
| |
Class A-4 notes Interest Paid |
| $ | 207,088.19 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Termination Payment |
| $ | 10,822,887.37 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| $ | 10,822,887.37 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Interest |
| $ | 10,822,887.37 |
|
|
| |
Cash Available to Pay Class B Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B notes Interest Paid |
| $ | 732,794.03 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Termination Payment |
| $ | 10,090,093.34 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| $ | 10,090,093.34 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Interest |
| $ | 10,090,093.34 |
|
|
| |
Cash Available to Pay Class C Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C notes Interest Paid |
| $ | 37,663.01 |
|
|
| |
Class C notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Termination Payment |
| $ | 10,052,430.33 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| $ | 10,052,430.33 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Principal Paid |
| $ | 10,052,430.33 |
|
|
| |
Class A-4 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class B notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class C notes Principal Paid |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 0.00 |
| |
Deposits to Spread Account |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 0.00 |
| |
Total Principal Balance of Notes and Certificates (End of Period) |
| $ | 713,451,383.35 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-3 notes Ending Principal balance |
| $ | 74,785,001.44 |
|
|
| |
A-4 notes Ending Principal balance |
| $ | 183,625,000.00 |
|
|
| |
B notes Ending Principal balance |
| $ | 439,456,687.58 |
|
|
| |
C notes Ending Principal balance |
| $ | 15,584,694.33 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 1,938,793.35 |
|
|
| |
Release to Seller as Excess |
| $ | 0.00 |
| $ | 0.00 |
|
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 |
|
|
|
|
| 6/15/2004 |
|
|
|
|
|
|
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Summary and Factors |
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
| $ | 723,503,813.68 |
| 0.7235038 |
| $ | 723.50 |
| |
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 |
|
|
|
|
| $ | 84,837,431.77 |
| 0.2382947 |
| $ | 238.29 |
| |
A-4 notes Beginning Principal balance |
|
|
|
|
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
B notes Beginning Principal balance |
|
|
|
|
| $ | 439,456,687.58 |
| 14.6485563 |
| $ | 14,648.56 |
| |
C notes Beginning Principal balance |
|
|
|
|
| $ | 15,584,694.33 |
| 0.4795291 |
| $ | 479.53 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
| $ | 713,451,383.35 |
| 0.7134514 |
| $ | 713.45 |
| |
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 |
| $ | 74,785,001.44 |
| 0.2100590 |
| $ | 210.06 |
|
A-4 notes Ending Principal balance |
| 5.2950 | % | $ | 183,625,000.00 |
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
|
B notes Ending Principal balance |
| 5.2930 | % | $ | 30,000,000.00 |
| $ | 439,456,687.58 |
| 14.6485563 |
| $ | 14,648.56 |
|
C notes Ending Principal balance |
| 6.3675 | % | $ | 32,500,000.00 |
| $ | 15,584,694.33 |
| 0.4795291 |
| $ | 479.53 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
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 |
|
|
|
|
| $ | 92,260.71 |
| 0.0002591 |
| $ | 0.26 |
| |
Class A-4 notes Interest Paid |
|
|
|
|
| $ | 207,088.19 |
| 0.0011278 |
| $ | 1.13 |
| |
Class B notes Interest Paid |
|
|
|
|
| $ | 732,794.03 |
| 0.0244265 |
| $ | 24.43 |
| |
Class C notes Interest Paid |
|
|
|
|
| $ | 37,663.01 |
| 0.0011589 |
| $ | 1.16 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
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 |
|
|
|
|
| $ | 10,052,430.33 |
| 0.0282357 |
| $ | 28.24 |
| |
Class A-4 notes Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class B notes Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
Class C notes Principal Paid |
|
|
|
|
| $ | 0.00 |
| 0.0000000 |
| $ | 0.00 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Negative Carry Account |
|
|
|
|
|
|
|
|
|
|
| |||
Negative Carry |
|
|
| 3/27/2002 |
| 2.705 | % |
|
|
|
| |||
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 | % | $ | 0.00 |
|
|
|
|
| ||
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 |
|
|
|
|
| $ | 0.00 |
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| |||
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 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 |
|
|
|
|
| $ | 166.67 |
|
|
|
|
| ||
5
