Exhibit 19
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Principal Receivables FCARC Investor
------------------- -------------------
Beginning Principal Receivables $3,467,332,821.65 $3,510,000,000.00
Current Floating Allocation Pct. 49.69424435% 50.30575565%
Total Adj. Principal Collections $1,468,021,947.33 $1,486,086,655.14
Principal Default Amounts $53,807.30 $54,469.41
As a Percentage of Collections 0.00366529% 0.00366529%
Monthly Principal Amortized $0.00
Ending Principal Receivables $4,075,830,092.03 $3,510,000,000.00
New Floating Allocation Pct. 53.72951994% 46.27048006%
Interest Collections FCARC Investor
------------------- -------------------
Total Interest Collections $28,076,495.24 $28,421,989.87
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Early Amortization Triggered? Yes No
--- --
1. Breach of covenants or agreements made in the x
PSA and uncured for 45 days
2. Breach of any representation or warranty made x
in the PSA and uncured for 60 days
3. Bankruptcy, insolvency or receivership of FMCC, x
FCARC, or Ford
4. FCARC is an investment company within the x
meaning of the ICA of 1940
5. Failure of FCARC to convey Receivables pursuant x
to the PSA
6. Available Subordinated Amount has been reduced x
to less than the Required Subordinated Amount
7. Servicer Default has occurred x
8. Average monthly payment rate for past three x
periods is less than 20%
9. Used vehicle percentage exceeds 10% for two x
collection periods
10. Interest rate swap is terminated in accordance x
with its terms
11. Outstanding principal amount of the certificates x
is not repaid by the expected payment date
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
----------------------------------------------------------------------------
Principal Receivables Trust Total
-------------------
Beginning Principal Receivables $6,977,332,821.65
Current Floating Allocation Percentage 100.00000000%
Total Adjusted Principal Collections $2,954,108,602.47
Payment Rate 42.34%
Principal Collections $2,945,564,035.97
Principal Collection Adjustments $8,374,949.78
Principal Collections for Status Dealer Accounts $169,616.72
Principal Default Amounts $108,276.71
As a Percentage of Collections 0.00366529%
Aggregate New Principal Receivables $3,562,714,149.56
Ending Principal Receivables $7,585,830,092.03
New Floating Allocation Percentage 100.00000000%
Interest Collections Trust Total
-------------------
Total Interest Collections $56,498,485.11
Interest Collections $56,498,485.11
Interest Collections for Status Dealer Accounts $0.00
Recoveries on Receivables Written Off $0.00
Monthly Yield 9.72%
Used Vehicle Principal Receivables Balance $134,745,965.95
1.78%
Status Dealer Accounts Trust Total
-------------------
Beginning Balance $879,344.38
Principal Collections $169,616.72
Principal Write Offs $108,276.71
Interest Collections $0.00
Ending Balance $601,450.95
Subordination and Participation Trust Total
-------------------
Incremental Subordinated Amount $0.00
Overconcentration Amount $0.00
Installment Amount $0.00
Other Ineligible Amounts $0.00
Available Subordinated Amount $390,000,000.00
Required Subordinated Amount $390,000,000.00
Required Participation 4.00% $140,400,000.00
Required Participation and Subordinated Amount $530,400,000.00
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Current Participation Amount $4,075,830,092.03
Current Participation Percentage 768.44%
Current Participation Shortfall $0.00
Available Seller Collections $1,496,098,442.57
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Available Seller Collections to FCARC $1,496,098,442.57
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Series Allocations 1995-1
-------------------
Certificates $1,000,000,000.00
Current Floating Allocation Percentage 14.33212412%
Total Adjusted Principal collections $423,386,511.43
Principal Default Amounts $15,518.35
Total Interest Collections $8,097,433.01
Source and Use of Funds 1995-1
-------------------
Investor Interest Funding Account Balance $8,097,433.01
Investment and Net Swap Proceeds ($722,222.22)
Reserve Fund Balance $3,500,000.00
Total Investor Collections and Reserve Fund $10,875,210.79
Certificates Outstanding $1,000,000,000.00
Certificate Rate 6.5000%
Days in Interest Period 30
Current Interest Due $5,416,666.67
Net Trust Swap Receipts not req. to be paid $0.00
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $5,416,666.67
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $833,333.33
Servicing Fees Paid $833,333.33
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $3,500,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $15,518.35
Current Investor Default Amount Paid $15,518.35
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $1,109,692.44
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Subordination and Participation 1995-1
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $111,111,111.11
Required Subordinated Amount $111,111,111.11
Required Participation 4.00% $40,000,000.00
Required Participation and Subordinated Amount $151,111,111.11
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $3,500,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $23,588,541.67
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $3,494,791.68
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1995-1
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Series Allocations 1996-1
-------------------
Certificates $800,000,000.00
Current Floating Allocation Percentage 11.46569929%
Total Adjusted Principal collections $338,709,209.15
Principal Default Amounts $12,414.68
Total Interest Collections $6,477,946.41
Source and Use of Funds 1996-1
-------------------
Investor Interest Funding Account Balance $6,477,946.41
Investment and Net Swap Proceeds ($1,244,444.44)
Reserve Fund Balance $2,800,000.00
Total Investor Collections and Reserve Fund $8,033,501.97
Certificates Outstanding $800,000,000.00
Certificate Rate 5.5000%
Days in Interest Period 30
Current Interest Due $3,666,666.67
Net Trust Swap Receipts not req. to be paid $0.00
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $3,666,666.67
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $666,666.67
Servicing Fees Paid $666,666.67
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $2,800,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $12,414.68
Current Investor Default Amount Paid $12,414.68
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $887,753.95
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Subordination and Participation 1996-1
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $88,888,888.89
Required Subordinated Amount $88,888,888.89
Required Participation 4.00% $32,000,000.00
Required Participation and Subordinated Amount $120,888,888.89
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $2,800,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $18,125,000.01
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $208,333.34
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1996-1
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Series Allocations 1996-2
-------------------
Certificates $960,000,000.00
Current Floating Allocation Percentage 13.75883915%
Total Adjusted Principal collections $406,451,050.98
Principal Default Amounts $14,897.62
Total Interest Collections $7,773,535.69
Source and Use of Funds 1996-2
-------------------
Investor Interest Funding Account Balance $7,773,535.69
Investment and Net Swap Proceeds ($272,000.00)
Reserve Fund Balance $3,360,000.00
Total Investor Collections and Reserve Fund $10,861,535.69
Certificates Outstanding $960,000,000.00
Certificate Rate 6.2000%
Days in Interest Period 34
Current Interest Due $5,621,333.33
Net Trust Swap Receipts not req. to be paid $0.00
Prior months Swap Receipts payable this month $0.00
Current Interest Paid $5,621,333.33
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $800,000.00
Servicing Fees Paid $800,000.00
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $3,360,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $14,897.62
Current Investor Default Amount Paid $14,897.62
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $1,065,304.74
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Subordination and Participation 1996-2
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $106,666,666.67
Required Subordinated Amount $106,666,666.67
Required Participation 4.00% $38,400,000.00
Required Participation and Subordinated Amount $145,066,666.67
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $3,360,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $9,971,333.33
Interest Payment Date? N
Cum. Net Trust Swap Receipts not req. to be paid $610,000.00
Interest Payment Amount Due $0.00
Interest Payment Amount Paid $0.00
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1996-2
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $0.00000000
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $0.00000000
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Series Allocations 1997-1
-------------------
Certificates $750,000,000.00
Current Floating Allocation Percentage 10.74909309%
Total Adjusted Principal collections $317,539,883.58
Principal Default Amounts $11,638.76
Total Interest Collections $6,073,074.76
Source and Use of Funds 1997-1
-------------------
Investor Interest Funding Account Balance $6,073,074.76
Investment and Net Swap Proceeds $890,104.17
Reserve Fund Balance $2,625,000.00
Total Investor Collections and Reserve Fund $9,588,178.93
Certificates Outstanding $750,000,000.00
Certificate Rate 6.2675%
Days in Interest Period 34
Current Interest Due $4,439,479.17
Net Trust Swap Receipts not req. to be paid $0.00
Prior months Swap Receipts payable this month $1,054,791.67
Current Interest Paid $5,494,270.84
Current Interest Shortfall $0.00
Additional Interest Due $0.00
Additional Interest Paid $0.00
Additional Interest Shortfall $0.00
Deferred Interest Due $0.00
Deferred Interest Paid $0.00
Deferred Interest Shortfall $0.00
Servicing Fees Due FMCC 1.00% $625,000.00
Servicing Fees Paid $625,000.00
Servicing Fees Shortfall $0.00
Deferred Servicing Fees Due FMCC $0.00
Deferred Servicing Fees Paid $0.00
Deferred Servicing Fees Shortfall $0.00
Reserve Fund Required Amount $2,625,000.00
Reserve Fund Deposit (Draw) Amount $0.00
Current Investor Default Amount Due $11,638.76
Current Investor Default Amount Paid $11,638.76
Current Investor Default Amount Shortfall $0.00
Deferred Investor Default Amount Due $0.00
Deferred Investor Default Amount Paid $0.00
Deferred Investor Default Amount Shortfall $0.00
Asset Composition Premium $0.00
Excess Servicing (Deficiency) Amount $832,269.33
Ford Credit Auto Loan Master Trust
Ford Motor Credit Company Asset Backed Certificates 01/05/00 08:23 am
Investor Reporting System v2.7 Monthly Statement 12/99 Activity
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Subordination and Participation 1997-1
-------------------
Incremental Subordinated Amount $0.00
Available Subordinated Amount $83,333,333.33
Required Subordinated Amount $83,333,333.33
Required Participation 4.00% $30,000,000.00
Required Participation and Subordinated Amount $113,333,333.33
Subordinated Draw Amount $0.00
Reserve Fund Deposit $0.00
Reserve Fund Balance $2,625,000.00
Controlled Distribution Amount $0.00
Principal Funding Account Balance $0.00
Excess Funding Account Balance $0.00
Principal Payment Amont $0.00
Pool Factor 1.000000000000
Interest Funding Account Balance $12,404,427.09
Interest Payment Date? Y
Cum. Net Trust Swap Receipts not req. to be paid $0.00
Interest Payment Amount Due $12,404,427.09
Interest Payment Amount Paid $12,404,427.09
Interest Payment Amount Shortfall $0.00
Distributions to Holders of Certificates 1997-1
(per $1,000 denomination certificate) -------------------
Total Amount Distributed $16.53923612
Total Amount Allocable to Principal $0.00000000
Total Amount Allocable to Interest $16.53923612