Exhibit 20.1
CNH Equipment Trust 2002-A
$162,400,000 Class A-1 2.0825% Asset Backed Notes due April 15, 2003
$235,456,000 Class A-2 3.1300% Asset Backed Notes due September 15, 2004
$356,019,000 Class A-3 Floating-Rate Asset Backed Notes due July 17, 2006
$183,625,000 Class A-4 Floating-Rate Asset Backed Notes due August 15, 2008
$30,000,000 Class B Floating-Rate Asset Backed Notes due August 15, 2008
$32,500,000 Class C Floating-Rate Asset Backed Notes due March 15, 2010
Please contact Kim Jeske at (262) 636-6644 with any questions regarding this report |
| 502030 |
| 502031 |
| 502033 |
| 502051 |
| 5502030 |
| 5502031 |
| 5502033 |
| 5502051 |
|
or email abs@cnh.com. For additional information consult http://investors.cnh.com. |
|
|
|
|
|
|
|
|
| ||||||||
Cutoff Date |
| 11/30/2004 |
| ||||||||||||||
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 |
| Pool 1 |
| Pool 2 |
| Pool 3 |
| Pool 4 |
| Pool 5 |
| Pool 6 |
| Pool 7 |
| Pool 8 |
|
Scheduled Cashflows |
| 71,412.25 |
| 1,853,429.40 |
| 10,814.29 |
| 60,378.10 |
| 320,878.91 |
| 1,958,303.15 |
| 19,408.36 |
| 427,700.79 |
|
|
| 586,752.49 |
| 7,170,633.03 |
| 115,294.38 |
| 692,141.68 |
| 365,870.51 |
| 3,338,080.96 |
| 81,175.65 |
| 762,725.28 |
|
|
| 1,504,734.31 |
| 6,453,317.30 |
| 162,859.75 |
| 202,176.01 |
| 1,378,837.06 |
| 2,549,321.90 |
| 217,474.06 |
| 276,519.69 |
|
|
| 4,003,379.84 |
| 1,309,526.73 |
| 211,883.02 |
| 27,803.86 |
| 2,088,870.35 |
| 1,097,175.25 |
| 200,831.63 |
| 4,066.24 |
|
|
| 524,424.31 |
| 1,191,056.31 |
| 21,452.24 |
| 16,473.69 |
| 341,768.99 |
| 1,110,840.98 |
| 4,979.80 |
| 6,796.53 |
|
|
| 310,716.32 |
| 1,147,542.66 |
| 15,420.05 |
| 15,434.99 |
| 354,710.80 |
| 1,134,159.38 |
| 6,125.28 |
| 3,025.51 |
|
|
| 318,942.49 |
| 1,149,275.82 |
| 15,420.05 |
| 15,434.99 |
| 308,992.59 |
| 1,233,794.11 |
| 1,102.23 |
| 4,666.83 |
|
|
| 227,525.60 |
| 1,125,204.36 |
| 15,420.05 |
| 26,144.27 |
| 301,868.09 |
| 1,266,561.63 |
| 2,630.40 |
| 14,241.28 |
|
|
| 305,469.12 |
| 1,294,455.49 |
| 15,420.05 |
| 15,434.99 |
| 360,467.91 |
| 1,327,719.67 |
| 5,116.13 |
| 4,666.83 |
|
|
| 331,293.72 |
| 1,054,473.71 |
| 15,420.05 |
| 15,434.99 |
| 397,618.84 |
| 1,167,156.37 |
| 2,630.40 |
| 4,666.83 |
|
|
| 270,980.21 |
| 1,123,861.82 |
| 15,420.05 |
| 15,434.99 |
| 318,739.07 |
| 1,166,458.01 |
| 2,630.40 |
| 4,666.83 |
|
|
| 258,536.67 |
| 1,972,540.37 |
| 25,438.80 |
| 15,434.99 |
| 329,454.44 |
| 1,868,297.99 |
| 5,116.13 |
| 4,666.83 |
|
|
| 401,353.62 |
| 5,206,957.66 |
| 15,420.05 |
| 36,576.18 |
| 382,993.23 |
| 3,990,403.18 |
| 2,630.40 |
| 10,249.30 |
|
|
| 584,126.57 |
| 6,559,574.98 |
| 17,078.62 |
| 41,587.09 |
| 338,257.05 |
| 2,862,437.57 |
| 11,124.73 |
| 126,070.08 |
|
|
| 1,205,610.54 |
| 4,665,723.97 |
| 15,419.95 |
| 6,649.83 |
| 1,131,038.24 |
| 1,975,731.31 |
| 31,461.26 |
| 44,231.37 |
|
|
| 2,841,115.14 |
| 819,936.29 |
| 29,156.32 |
| 6,649.83 |
| 1,696,950.55 |
| 754,158.56 |
| 10,558.73 |
| 249.90 |
|
|
| 330,507.74 |
| 759,495.84 |
| 11,049.71 |
| 6,649.83 |
| 239,711.71 |
| 752,756.41 |
| 1,102.23 |
| 249.90 |
|
|
| 216,621.04 |
| 717,581.21 |
| 11,049.71 |
| 6,649.83 |
| 237,096.60 |
| 757,837.23 |
| 3,587.96 |
| 103.97 |
|
|
| 214,195.35 |
| 670,449.74 |
| 11,049.71 |
| 6,649.83 |
| 212,773.29 |
| 839,648.94 |
| 1,102.23 |
| 1,641.32 |
|
|
| 130,525.57 |
| 617,141.93 |
| 11,049.71 |
| 17,359.11 |
| 206,661.67 |
| 853,618.94 |
| 2,630.40 |
| 11,215.77 |
|
|
| 198,594.48 |
| 767,343.82 |
| 11,049.71 |
| 6,649.83 |
| 245,769.66 |
| 845,829.16 |
| 5,116.13 |
| 1,641.32 |
|
|
| 203,417.75 |
| 581,922.24 |
| 11,049.71 |
| 6,649.83 |
| 269,231.32 |
| 749,990.50 |
| 2,630.40 |
| 1,641.32 |
|
|
| 175,237.69 |
| 602,023.13 |
| 11,049.71 |
| 6,649.83 |
| 214,583.89 |
| 765,115.31 |
| 2,630.40 |
| 1,641.32 |
|
|
| 158,357.79 |
| 1,313,462.04 |
| 11,049.71 |
| 6,649.53 |
| 216,450.19 |
| 1,331,728.50 |
| 5,116.13 |
| 1,641.31 |
|
|
| 296,088.67 |
| 4,201,185.51 |
| 11,049.71 |
| 26,717.35 |
| 254,396.97 |
| 3,085,558.99 |
| 2,630.30 |
| 7,223.60 |
|
|
| 371,719.14 |
| 4,628,349.09 |
| 10,208.28 |
| 32,810.88 |
| 219,421.47 |
| 1,805,444.11 |
| 11,124.73 |
| 125,820.09 |
|
|
| 890,004.23 |
| 3,008,705.02 |
| 10,208.28 |
| 4,829.12 |
| 848,517.83 |
| 1,003,474.24 |
| 31,460.77 |
| 43,981.47 |
|
|
| 2,082,754.84 |
| 155,667.87 |
| 27,298.18 |
| 0.00 |
| 1,200,931.90 |
| 82,988.01 |
| 9,456.50 |
| 0.00 |
|
|
| 137,306.80 |
| 74,087.37 |
| 944.75 |
| 0.00 |
| 66,441.75 |
| 71,316.50 |
| 0.00 |
| 0.00 |
|
|
| 8,074.84 |
| 33,556.05 |
| 944.75 |
| 0.00 |
| 37,898.57 |
| 67,870.16 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 82,482.67 |
| 0.00 |
| 0.00 |
| 18,371.09 |
| 46,063.56 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 10,467.55 |
| 0.00 |
| 0.00 |
| 14,899.95 |
| 70,698.54 |
| 0.00 |
| 0.00 |
|
|
| 18,909.83 |
| 14,172.96 |
| 0.00 |
| 0.00 |
| 14,899.95 |
| 56,380.70 |
| 0.00 |
| 0.00 |
|
|
| 18,169.06 |
| 4,203.23 |
| 0.00 |
| 0.00 |
| 14,629.12 |
| 52,464.83 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 4,193.19 |
| 0.00 |
| 0.00 |
| 14,620.21 |
| 50,415.95 |
| 0.00 |
| 0.00 |
|
|
| 6,706.93 |
| 43,617.54 |
| 0.00 |
| 0.00 |
| 14,620.21 |
| 82,859.93 |
| 0.00 |
| 0.00 |
|
|
| 1,078.22 |
| 136,846.65 |
| 0.00 |
| 0.00 |
| 33,455.37 |
| 202,141.54 |
| 0.00 |
| 0.00 |
|
|
| 48,438.48 |
| 130,188.65 |
| 0.00 |
| 0.00 |
| 14,396.82 |
| 122,244.43 |
| 0.00 |
| 0.00 |
|
|
| 35,862.96 |
| 116,051.91 |
| 0.00 |
| 0.00 |
| 53,759.12 |
| 80,088.61 |
| 0.00 |
| 0.00 |
|
|
| 46,504.26 |
| 370.79 |
| 0.00 |
| 0.00 |
| 60,525.84 |
| 1,325.67 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 5,141.96 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 6,353.93 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.79 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 370.28 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 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 |
| 19,338,683.53 |
| 62,779,283.27 |
| 866,389.35 |
| 1,337,455.45 |
| 15,146,523.09 |
| 42,578,460.78 |
| 683,583.77 |
| 1,896,011.51 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
| 18,732,560.38 |
| 66,322,597.53 |
| 951,462.12 |
| 2,203,472.16 |
| 14,672,671.11 |
| 44,590,097.72 |
| 747,976.64 |
| 4,920,085.94 |
|
Scheduled Contract Value Decline |
| 364,259.84 |
| 6,751,421.63 |
| 107,426.11 |
| 830,358.54 |
| 669,237.73 |
| 5,758,052.07 |
| 87,480.07 |
| 3,359,438.35 |
|
Unscheduled Contract Value Decline |
| 322,334.84 |
| 884,644.38 |
| 12,552.59 |
| 69,010.18 |
| (110,042.56 | ) | (920,681.15 | ) | (1,514.99 | ) | (287,736.47 | ) |
Additional Contract Value Added |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
Ending Contract Value |
| 18,045,965.69 |
| 58,686,531.52 |
| 831,483.42 |
| 1,304,103.44 |
| 14,113,475.93 |
| 39,752,726.80 |
| 662,011.56 |
| 1,848,384.06 |
|
Please contact Kim Jeske at (262) 636-6644 with any questions regarding this report |
| 502034 |
| 502035 |
| 5502034 |
| 5502035 |
| 502036 |
| 502037 |
| 502038 |
| 5502036 |
| 5502037 |
|
or email abs@cnh.com. For additional information consult http://investors.cnh.com. |
|
|
|
|
|
|
|
|
|
| |||||||||
Cutoff Date |
| 11/30/2004 |
| ||||||||||||||||
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 |
| Pool 9 |
| Pool 10 |
| Pool 11 |
| Pool 12 |
| Pool 13 |
| Pool 14 |
| Pool 15 |
| Pool 16 |
| Pool 17 |
|
Scheduled Cashflows |
| 221,926.42 |
| 17,600.60 |
| 214,234.66 |
| 27,087.10 |
| 263,485.55 |
| 31,973.84 |
| 115,505.43 |
| 341,926.80 |
| 49,684.78 |
|
|
| 560,878.14 |
| 129,215.84 |
| 514,468.83 |
| 137,489.85 |
| 745,828.66 |
| 180,207.98 |
| 0.00 |
| 677,311.52 |
| 196,716.24 |
|
|
| 549,822.95 |
| 136,271.86 |
| 504,574.55 |
| 159,695.22 |
| 677,322.02 |
| 213,708.11 |
| 0.00 |
| 650,470.27 |
| 212,956.69 |
|
|
| 2,261,329.09 |
| 200,985.22 |
| 1,929,536.57 |
| 352,223.09 |
| 746,582.42 |
| 230,215.38 |
| 0.00 |
| 609,037.89 |
| 220,451.34 |
|
|
| 4,519,303.37 |
| 201,996.13 |
| 1,973,471.18 |
| 238,891.05 |
| 3,788,819.88 |
| 460,779.62 |
| 0.00 |
| 2,337,097.92 |
| 436,712.69 |
|
|
| 517,929.44 |
| 33,635.71 |
| 415,930.98 |
| 5,240.39 |
| 5,541,816.46 |
| 303,568.75 |
| 0.00 |
| 2,246,725.01 |
| 232,307.18 |
|
|
| 321,362.36 |
| 17,929.58 |
| 439,763.61 |
| 1,259.90 |
| 530,019.10 |
| 30,766.68 |
| 0.00 |
| 556,241.56 |
| 6,240.87 |
|
|
| 340,083.55 |
| 17,929.58 |
| 430,350.14 |
| 1,262.44 |
| 484,566.55 |
| 23,221.74 |
| 0.00 |
| 576,947.94 |
| 7,103.06 |
|
|
| 284,321.21 |
| 19,368.69 |
| 427,400.84 |
| 1,262.44 |
| 472,114.41 |
| 20,490.34 |
| 0.00 |
| 573,493.57 |
| 7,103.06 |
|
|
| 366,929.30 |
| 19,368.69 |
| 454,782.09 |
| 6,789.69 |
| 493,430.32 |
| 20,490.18 |
| 0.00 |
| 540,102.07 |
| 7,103.06 |
|
|
| 543,122.71 |
| 19,368.69 |
| 579,997.77 |
| 1,262.44 |
| 629,366.58 |
| 12,407.22 |
| 0.00 |
| 657,114.36 |
| 12,001.33 |
|
|
| 326,167.28 |
| 27,730.79 |
| 446,494.97 |
| 1,262.44 |
| 595,896.68 |
| 12,407.22 |
| 0.00 |
| 662,636.49 |
| 7,103.06 |
|
|
| 312,406.07 |
| 19,368.69 |
| 448,567.74 |
| 1,262.44 |
| 595,544.63 |
| 12,407.22 |
| 0.00 |
| 580,025.31 |
| 7,103.06 |
|
|
| 524,842.50 |
| 30,635.84 |
| 491,769.47 |
| 1,262.44 |
| 664,466.04 |
| 12,407.22 |
| 0.00 |
| 665,575.54 |
| 5,328.37 |
|
|
| 418,590.39 |
| 17,929.58 |
| 455,729.66 |
| 1,262.44 |
| 556,562.75 |
| 12,407.22 |
| 0.00 |
| 551,139.31 |
| 5,328.37 |
|
|
| 1,604,060.43 |
| 17,929.58 |
| 1,595,827.65 |
| 12,399.39 |
| 596,487.68 |
| 32,407.22 |
| 0.00 |
| 513,605.90 |
| 5,328.37 |
|
|
| 3,418,909.41 |
| 51,077.13 |
| 1,461,600.99 |
| 28,912.77 |
| 2,707,918.58 |
| 32,638.81 |
| 0.00 |
| 1,983,975.42 |
| 72,101.27 |
|
|
| 361,359.76 |
| 16,931.48 |
| 333,696.87 |
| 165.03 |
| 3,850,106.45 |
| 49,582.39 |
| 0.00 |
| 1,802,883.34 |
| 37,984.50 |
|
|
| 190,840.53 |
| 16,931.48 |
| 337,913.18 |
| 165.03 |
| 327,660.36 |
| 8,645.81 |
| 0.00 |
| 398,570.11 |
| 1,570.38 |
|
|
| 186,945.27 |
| 16,931.48 |
| 325,977.97 |
| 165.03 |
| 315,618.02 |
| 8,645.81 |
| 0.00 |
| 422,119.41 |
| 3,345.07 |
|
|
| 151,766.75 |
| 18,370.59 |
| 322,005.06 |
| 165.03 |
| 268,348.85 |
| 8,645.81 |
| 0.00 |
| 414,249.57 |
| 3,345.07 |
|
|
| 236,325.43 |
| 18,370.59 |
| 339,750.86 |
| 5,692.28 |
| 310,172.29 |
| 8,645.81 |
| 0.00 |
| 381,165.36 |
| 3,345.07 |
|
|
| 343,858.96 |
| 18,370.59 |
| 448,214.50 |
| 165.03 |
| 404,176.51 |
| 8,645.81 |
| 0.00 |
| 482,286.40 |
| 8,243.34 |
|
|
| 175,172.87 |
| 26,732.69 |
| 325,041.44 |
| 165.03 |
| 356,475.22 |
| 8,645.81 |
| 0.00 |
| 470,826.02 |
| 3,345.07 |
|
|
| 142,278.79 |
| 18,370.59 |
| 335,820.01 |
| 165.03 |
| 413,906.19 |
| 8,645.81 |
| 0.00 |
| 433,237.82 |
| 3,344.87 |
|
|
| 297,196.68 |
| 29,637.86 |
| 375,290.74 |
| 165.03 |
| 396,285.58 |
| 8,645.81 |
| 0.00 |
| 487,167.42 |
| 1,570.38 |
|
|
| 252,740.50 |
| 16,229.78 |
| 326,230.94 |
| 165.03 |
| 356,644.58 |
| 8,645.81 |
| 0.00 |
| 390,067.63 |
| 1,570.38 |
|
|
| 1,237,168.64 |
| 15,885.22 |
| 1,361,854.39 |
| 11,302.28 |
| 360,468.67 |
| 28,645.81 |
| 0.00 |
| 358,313.26 |
| 1,570.38 |
|
|
| 2,536,292.01 |
| 43,008.99 |
| 1,049,023.93 |
| 14,120.00 |
| 2,034,397.57 |
| 19,205.45 |
| 0.00 |
| 1,447,446.62 |
| 43,216.78 |
|
|
| 160,050.48 |
| 1,306.27 |
| 44,213.14 |
| 0.00 |
| 2,767,305.60 |
| 33,537.56 |
| 0.00 |
| 1,182,488.55 |
| 26,907.87 |
|
|
| 10,269.72 |
| 1,306.07 |
| 28,982.87 |
| 0.00 |
| 151,455.66 |
| 1,409.99 |
| 0.00 |
| 39,071.52 |
| 0.00 |
|
|
| 20,773.54 |
| 0.00 |
| 36,746.34 |
| 0.00 |
| 79,031.25 |
| 1,409.99 |
| 0.00 |
| 51,871.12 |
| 0.00 |
|
|
| 7,564.37 |
| 0.00 |
| 27,308.85 |
| 0.00 |
| 1,213.27 |
| 1,409.99 |
| 0.00 |
| 54,753.07 |
| 0.00 |
|
|
| 2,973.45 |
| 0.00 |
| 26,770.69 |
| 0.00 |
| 33,542.28 |
| 1,409.99 |
| 0.00 |
| 35,565.86 |
| 0.00 |
|
|
| 21,860.72 |
| 0.00 |
| 75,454.12 |
| 0.00 |
| 88,827.54 |
| 1,409.99 |
| 0.00 |
| 40,835.04 |
| 0.00 |
|
|
| 22,023.25 |
| 0.00 |
| 26,625.37 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 40,366.77 |
| 0.00 |
|
|
| 2,973.45 |
| 0.00 |
| 26,625.37 |
| 0.00 |
| 91,071.33 |
| 1,409.99 |
| 0.00 |
| 49,477.50 |
| 0.00 |
|
|
| 23,511.52 |
| 0.00 |
| 33,619.91 |
| 0.00 |
| 19,668.50 |
| 1,409.99 |
| 0.00 |
| 62,430.28 |
| 0.00 |
|
|
| 2,973.45 |
| 0.00 |
| 26,309.31 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 32,600.87 |
| 0.00 |
|
|
| 2,973.45 |
| 0.00 |
| 64,800.51 |
| 0.00 |
| 0.00 |
| 1,409.99 |
| 0.00 |
| 32,313.85 |
| 0.00 |
|
|
| 60,304.29 |
| 0.00 |
| 80,603.79 |
| 0.00 |
| 40,266.46 |
| 1,409.99 |
| 0.00 |
| 143,910.40 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 541.46 |
| 0.00 |
| 31,019.13 |
| 1,410.21 |
| 0.00 |
| 75,975.74 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 267.96 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 2,010.07 |
| 0.00 |
| 0.00 |
| 659.74 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
|
|
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 0.00 |
| 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 |
| 23,542,182.50 |
| 1,236,725.88 |
| 19,163,923.32 |
| 1,011,425.36 |
| 32,789,899.69 |
| 1,868,208.35 |
| 115,505.43 |
| 24,054,348.11 |
| 1,630,031.96 |
|
Discount Rate |
| 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % | 6.750 | % |
Beginning Contract Value |
| 22,665,006.40 |
| 1,328,952.87 |
| 18,613,195.28 |
| 1,144,619.32 |
| 31,295,458.38 |
| 2,014,656.50 |
| 119,293.27 |
| 23,123,292.62 |
| 1,839,048.86 |
|
Scheduled Contract Value Decline |
| 465,092.04 |
| 137,161.02 |
| 717,751.50 |
| 159,717.58 |
| 750,276.38 |
| 195,518.56 |
| 119,293.27 |
| 861,602.70 |
| 256,815.92 |
|
Unscheduled Contract Value Decline |
| 298,342.14 |
| 13,991.52 |
| 138,285.94 |
| (3,835.01 | ) | 149,439.29 |
| 18,496.20 |
| (115,505.43 | ) | 23,780.25 |
| 2,963.37 |
|
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 |
| 21,901,572.22 |
| 1,177,800.34 |
| 17,757,157.84 |
| 988,736.76 |
| 30,395,742.71 |
| 1,800,641.74 |
| 115,505.43 |
| 22,237,909.67 |
| 1,579,269.57 |
|
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 |
| 12/15/2004 |
|
|
| |
Actual Payment Date |
| 12/15/2004 |
|
|
| |
Collection Period Begin Date |
| 11/1/2004 |
|
|
| |
Collection Period End Date |
| 11/30/2004 |
|
|
| |
Days in accrual period (30/360) |
| 30 |
|
|
| |
Days in accrual period (act/360) |
| 30 |
|
|
| |
1 month LIBOR Rate |
| 2.1000 | % |
|
| |
|
|
|
|
|
| |
Collateral Summary |
|
|
|
|
| |
Wtd. Average Discount Rate |
| 6.750 | % |
|
| |
Beginning Contract Value |
| 255,284,447.08 |
|
|
| |
Scheduled Contract Value Decline |
| 21,590,903.30 |
|
|
| |
Unscheduled Contract Value Decline |
| 494,525.08 |
|
|
| |
Additional Contract Value Purchased |
| 0.00 |
|
|
| |
Ending Contract Value |
| 233,199,018.70 |
|
|
| |
|
|
|
|
|
| |
Beginning Pre-funding Account Balance |
| 0.00 |
|
|
| |
Ending Pre-funding Account Balance |
| 0.00 |
|
|
| |
|
|
|
|
|
| |
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) |
| 255,284,447.08 |
|
|
| |
Total Ending Balance (Pool Balance + Pre-funding Account Balance) |
| 233,199,018.70 |
|
|
| |
Total Original Contract Value (including Additional Contracts) |
| 999,794,417.00 |
|
|
| |
|
|
|
|
|
| |
Collateral Performance |
|
|
|
|
| |
Scheduled Amounts 30 - 59 days past due |
| $ | 488,836.90 |
| 0.21 | % |
Scheduled Amounts 60 days or more past due |
| $ | 1,191,747.63 |
| 0.51 | % |
Net Losses on Liquidated Receivables |
| $ | 261,833.32 |
| 0.11 | % |
Cumulative Net Losses |
| $ | 4,607,636.95 |
|
|
|
Number of Loans at Beginning of Period |
| 21,782 |
|
|
| |
Number of Loans at End of Period |
| 19,848 |
|
|
| |
Repossessed Equipment not Sold or Reassigned (Beginning) |
| $ | 466,437.63 |
|
|
|
Repossessed Equipment not Sold or Reassigned (End) |
| $ | 432,732.79 |
|
|
|
|
|
|
|
|
| |
Collections and Reinvestment Income |
|
|
|
|
| |
Receipts During the period |
| $ | 23,385,695.17 |
|
|
|
|
|
|
|
|
| |
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 |
| $ | 23,385,695.17 |
|
|
|
|
|
|
|
|
| |
Reinvestment Income (excluding Pre-funding Account) |
| $ | 76,413.47 |
|
|
|
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 |
| $ | 23,462,108.64 |
|
|
|
|
|
|
|
|
| |
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 |
|
|
|
|
|
|
| 12/15/2004 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Calculation of Distributable Amounts |
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Current Servicing Fee Due |
|
|
|
|
| 1.000 | % | $ | 212,737.04 |
|
|
| |
Past Due Servicing Fee |
|
|
|
|
|
|
| $ | 699,154.57 |
|
|
| |
Total Servicing Fee Due |
|
|
|
|
|
|
| $ | 911,891.61 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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) |
|
|
|
|
|
|
| $ | 496,367,527.96 |
|
|
| |
A-1 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 0.00 |
|
|
| |
A-3 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 21,877,922.32 |
|
|
| |
A-4 notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 183,625,000.00 |
|
|
| |
B notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 280,864,605.64 |
|
|
| |
C notes Beginning Principal balance |
|
|
|
|
|
|
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
A-1 notes Current Interest Due |
| 2.0825 | % | act/360 |
|
|
| $ | 0.00 |
|
|
| |
A-2 notes Current Interest Due |
| 3.1300 | % | 30/360 |
|
|
| $ | 0.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 2.10000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.25000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.35000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Current Interest Due |
|
|
|
|
|
|
| $ | 42,844.26 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-3 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 38,286.36 |
|
|
| |
Class A-3 Swap fixed Rate payment due |
| 4.2130 | % | 30/360 |
|
|
| $ | 76,809.74 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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 |
|
|
|
|
|
|
| 38,523.38 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 2.10000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.30000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 2.40000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Current Interest Due |
|
|
|
|
|
|
| $ | 367,250.00 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class A-4 Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 321,343.75 |
|
|
| |
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 |
|
|
|
|
|
|
| 442,995.31 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 2.10000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 0.97000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 3.07000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Current Interest Due |
|
|
|
|
|
|
| $ | 718,545.28 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class B Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 491,513.06 |
|
|
| |
Class B Swap fixed Rate payment due |
| 4.3230 | % | 30/360 |
|
|
| $ | 1,011,814.74 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
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 |
|
|
|
|
|
|
| 520,301.68 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
|
|
|
|
|
|
| ||
1 Month LIBOR Rate |
|
|
|
|
|
|
| 2.10000 | % |
|
| ||
Spread for Note |
|
|
|
|
|
|
| 1.90000 | % |
|
| ||
Floating Rate Yield |
|
|
|
|
|
|
| 4.00000 | % | ACT/360 |
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Current Interest Due |
|
|
|
|
|
|
| $ | 33,333.33 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Swap float Rate receipt due |
|
|
|
|
|
|
| $ | 17,500.00 |
|
|
| |
Class C Swap fixed Rate payment due |
| 4.4675 | % | 30/360 |
|
|
| $ | 37,229.17 |
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
| ||
Class C Net Swap receipt |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class C Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Interest on Class C Past due Net Swap payment |
|
|
|
|
|
|
| 0.00 |
|
|
| ||
Class C Net Swap payment |
|
|
|
|
|
|
| 19,729.17 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
Net Swap Payments Due |
|
|
|
|
|
|
| 1,021,549.54 |
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
|
|
|
|
|
|
|
|
|
|
|
| ||
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 |
|
|
|
|
|
|
| $ | 42,844.26 |
|
|
|
A-4 notes Total Interest Due |
|
|
|
|
|
|
| $ | 367,250.00 |
|
|
|
B notes Total Interest Due |
|
|
|
|
|
|
| $ | 718,545.28 |
|
|
|
C notes Total Interest Due |
|
|
|
|
|
|
| $ | 33,333.33 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Class A Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 205,502,922.32 |
|
|
|
Class B Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 57,665,586.94 |
|
|
|
Class C Noteholders’ Monthly Principal Distributable Amount |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
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 |
|
|
|
|
|
|
| $ | 21,877,922.32 |
|
|
|
A-4 notes Principal Due |
|
|
|
|
|
|
| $ | 183,625,000.00 |
|
|
|
Class B notes Principal Due |
|
|
|
|
|
|
| $ | 57,665,586.94 |
|
|
|
Class C notes Principal Due |
|
|
|
|
|
|
| $ | 0.00 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |
Total notes Interest Due |
|
|
|
|
|
|
| $ | 1,161,972.87 |
|
|
|
Total notes Principal Due |
|
|
|
|
|
|
| $ | 263,168,509.26 |
|
|
|
Net Swap/Termination Payment Due |
|
|
|
|
|
|
| $ | 1,021,549.54 |
|
|
|
Total notes Distributable Amount |
|
|
|
|
|
|
| $ | 265,352,031.67 |
|
|
|
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 |
| 12/15/2004 |
|
|
| ||
|
|
|
|
|
| ||
Cash Available for Distribution |
|
|
|
|
| ||
Total Collections + Reinvestment Income For The Period |
| $ | 23,462,108.64 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| |
|
|
|
|
|
| ||
Beginning Prefunding Account |
|
|
|
|
| ||
Deposits from Prefunding Account |
|
|
|
|
| ||
|
|
|
|
|
| ||
Total Cash Available |
| $ | 23,462,108.64 |
|
|
| |
|
|
|
|
|
| ||
Cash Allocation (Cashflow Waterfall) |
|
|
| Available |
| ||
|
|
|
| Cash |
| ||
Is CNH the servicier |
| Yes |
|
|
| ||
Servicing Fee Paid (If CNH is not the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 23,462,108.64 |
| |
Administration Fee Paid |
| $ | 166.67 |
|
|
| |
Administration Fee Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
| $ | 23,461,941.97 |
| |
Net Swap Payment Paid |
| $ | 1,021,549.54 |
|
|
| |
Net Swap Payment Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Remaining Cash Available to Pay Class A Interest & Swap Termination Payment |
|
|
| $ | 22,440,392.43 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class A Interest |
| $ | 22,440,392.43 |
|
|
| |
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 |
| $ | 42,844.26 |
|
|
| |
Class A-4 notes Interest Paid |
| $ | 367,250.00 |
|
|
| |
|
|
|
|
|
| ||
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 |
| $ | 22,030,298.17 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| $ | 22,030,298.17 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Interest |
| $ | 22,030,298.17 |
|
|
| |
Cash Available to Pay Class B Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class B notes Interest Paid |
| $ | 718,545.28 |
|
|
| |
Class B notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class B Termination Payment |
| $ | 21,311,752.89 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| $ | 21,311,752.89 |
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Interest |
| $ | 21,311,752.89 |
|
|
| |
Cash Available to Pay Class C Termination Payment |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Class C notes Interest Paid |
| $ | 33,333.33 |
|
|
| |
Class C notes Interest Shortfall |
| $ | 0.00 |
|
|
| |
|
|
|
|
|
| ||
Cash Available to Pay Class C Termination Payment |
| $ | 21,278,419.56 |
|
|
| |
|
|
|
|
|
| ||
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 |
|
|
| |
|
|
|
|
|
| ||
|
|
|
| $ | 21,278,419.56 |
| |
Class A-1 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-2 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class A-3 notes Principal Paid |
| $ | 21,278,419.56 |
|
|
| |
Class A-4 notes Principal Paid |
| $ | 0.00 |
|
|
| |
Class B notes Principal Paid |
| $ | 0.00 |
|
|
| |
5
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) |
| $ | 475,089,108.40 |
|
|
| |
A-1 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-2 notes Ending Principal balance |
| $ | 0.00 |
|
|
| |
A-3 notes Ending Principal balance |
| $ | 599,502.76 |
|
|
| |
A-4 notes Ending Principal balance |
| $ | 183,625,000.00 |
|
|
| |
B notes Ending Principal balance |
| $ | 280,864,605.64 |
|
|
| |
C notes Ending Principal balance |
| $ | 10,000,000.00 |
|
|
| |
|
|
|
|
|
| ||
Servicing Fee Paid (If CNH is the servicer) |
| $ | 0.00 |
|
|
| |
Servicing Fee Shortfall |
| $ | 911,891.61 |
|
|
| |
Release to Seller as Excess |
| $ | 0.00 |
| $ | 0.00 |
|
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 |
|
|
|
|
| 12/15/2004 |
|
|
|
|
| |||
|
|
|
|
|
|
|
|
|
|
|
| |||
Summary and Factors |
|
|
|
|
| Amount |
| Factor |
| Per/$1000 |
| |||
Total Principal Balance of Notes and Certificates (Beginning of Period) |
|
|
|
|
| $ | 496,367,527.96 |
| 0.4963675 |
| $ | 496.37 |
| |
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 |
|
|
|
|
| $ | 21,877,922.32 |
| 0.0614516 |
| $ | 61.45 |
| |
A-4 notes Beginning Principal balance |
|
|
|
|
| $ | 183,625,000.00 |
| 1.0000000 |
| $ | 1,000.00 |
| |
B notes Beginning Principal balance |
|
|
|
|
| $ | 280,864,605.64 |
| 9.3621535 |
| $ | 9,362.15 |
| |
C notes Beginning Principal balance |
|
|
|
|
| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
Total Principal Balance of Notes and Certificates (End of Period) |
|
|
|
|
| $ | 475,089,108.40 |
| 0.4750891 |
| $ | 475.09 |
| |
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 |
| $ | 599,502.76 |
| 0.0016839 |
| $ | 1.68 |
|
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 |
| $ | 280,864,605.64 |
| 9.3621535 |
| $ | 9,362.15 |
|
C notes Ending Principal balance |
| 6.3675 | % | $ | 32,500,000.00 |
| $ | 10,000,000.00 |
| 0.3076923 |
| $ | 307.69 |
|
|
|
|
|
|
|
|
|
|
|
|
| |||
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 |
|
|
|
|
| $ | 42,844.26 |
| 0.0001203 |
| $ | 0.12 |
| |
Class A-4 notes Interest Paid |
|
|
|
|
| $ | 367,250.00 |
| 0.0020000 |
| $ | 2.00 |
| |
Class B notes Interest Paid |
|
|
|
|
| $ | 718,545.28 |
| 0.0239515 |
| $ | 23.95 |
| |
Class C notes Interest Paid |
|
|
|
|
| $ | 33,333.33 |
| 0.0010256 |
| $ | 1.03 |
| |
|
|
|
|
|
|
|
|
|
|
|
| |||
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 |
|
|
|
|
| $ | 21,278,419.56 |
| 0.0597677 |
| $ | 59.77 |
| |
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 |
| 2.793 | % |
|
|
|
| |||
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 |
|
|
| 4.5d0 | % | $ | 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 |
|
|
|
|
| ||
7
