Exhibit 20.1
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DILLARD CREDIT CARD MASTER TRUST I
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Dillard Asset Funding Company, Transferor
Dillard National Bank, Servicer
Series 2000-1
Monthly Series 2000-1 Certificateholders' Statement
Capitalized terms used in this Certificate have their respective
meanings set forth in the Amended and Restated Pooling and Servicing
Agreement; provided, that the preceding Monthly Period shall mean the Monthly
Period immediately preceding the calendar month in which this Certificate is
delivered. This Certificate is delivered pursuant to subsection 3.4(b) of the
Amended and Restated Pooling and Servicing Agreement. References herein to
certain sections and subsections are references to the respective sections and
subsections of the Amended and Restated Pooling and Servicing Agreement.
For Month November 2002
5.2(a)(i) on an aggregate basis:
Class A Monthly Principal 0.00
Class B Monthly Principal 0.00
per $1,000 original principal amount per Certificate:
Class A Monthly Principal 0.00
Class B Monthly Principal 0.00
5.2(a)(ii) on an aggregate basis:
Class A Monthly Interest 284,381.94
Class B Monthly Interest 0.00
per $1,000 original principal amount per Certificate:
Class A Monthly Interest 1.42
Class B Monthly Interest 0.00
1
5.2(a)(iii) Collections of Principal Receivables allocated to Class A 16,385,542.17
Collections of Principal Receivables allocated to Class B 8,362,559.99
5.2(a)(iv) Collections of Finance Charge Receivables allocated to Class A 3,648,265.83
Collections of Finance Charge Receivables allocated to Class B 1,089,741.75
5.2(a)(v) Principal Receivables (beginning of month) 1,265,799,071.22
Gross Credit Sales 252,645,005.18
Principal Payments (177,189,062.57)
Returns (32,713,516.86)
Principal Defaults (10,155,442.32)
Ineligible Principal Receivables 0.00
Actual Misc. Adjustments 0.00
Principal Receivables (end of month) 1,298,386,054.65
Total Portfolio Recoveries
Gross Recoveries 1,514,168.54
Recoveries Net of Expenses 927,968.59
Total Portfolio Finance Charge Collections
Finance Charge Collections 22,161,888.93
Finance Charge Collections with Recoveries 23,089,857.52
Investor Interest 259,740,260.00
Adjusted Investor Interest 259,740,260.00
Class A Investor Interest 200,000,000.00
Class A Adjusted Investor Interest 200,000,000.00
Class B Investor Interest 59,740,260.00
Floating Investor Percentage 20.52%
Class A Floating Allocation 77.00%
Class B Floating Allocation 23.00%
Fixed Investor Percentage N/A
Class A Fixed Allocation N/A
Class B Fixed Allocation N/A
2
5.2(a)(vi) Delinquent Accounts
30-59 Days Delinquent 52,243,044.00
60-89 Days Delinquent 19,224,444.00
90 + Days Delinquent 36,065,283.00
5.2(a)(vii) Aggregate Investor Default Amount 2,083,883.05
Class A Investor Default Amount 1,604,589.95
Class B Investor Default Amount 479,293.10
5.2(a)(viii) on an aggregate basis:
Class A Investor Charge-Offs 0.00
Class B Investor Charge-Offs 0.00
per $1,000 original principal amount per Certificate:
Class A Investor Charge-Offs 0.00
Class B Investor Charge-Offs 0.00
5.2(a)(ix) on an aggregate basis:
Class A Investor Charge-Offs reimbursed 0.00
Class B Investor Charge-Offs reimbursed 0.00
per $1,000 original principal amount per Certificate:
Class A Investor Charge-Offs reimbursed 0.00
Class B Investor Charge-Offs reimbursed 0.00
5.2(a)(x) on an aggregate basis:
Class A Servicing Fee 333,333.33
Class B Servicing Fee 0.00
5.2(a)(xi) Portfolio Yield 12.26%
5.2(a)(xii) Reallocated Class B Principal Collections 0.00
3
5.2(a)(xiii) Class B Investor Interest 59,740,260.00
5.2(a)(xiv) LIBOR for Interest Period 1.38125%
5.2(a)(xv) Principal Funding Account Balance 0.00
5.2(a)(xvi) Accumulation Shortfall 0.00
5.2(a)(xvii) Principal Funding Account Investment Proceeds 0.00
5.2(a)(xviii) Principal Funding Investment Shortfall 0.00
5.2(a)(xix) on an aggregate basis:
Class A Available Funds 3,648,265.83
5.2(a)(xx) Class A Certificate Rate 1.65125%
Other items
Number of Accounts (beginning of month) 2,357,054
Number of Accounts (end of month) 2,284,416
Collateral Performance
Total Payment Rate 15.82%
Portfolio Yield (Gross) 21.89%
Excess Spread (current month)* 9.41%
Excess Spread (previous month) 9.91%
Excess Spread (2 months previous) 10.31%
-----------------------------------------------------------------------------------
Excess Spread (3 month rolling Average) 9.88%
* Please note that Excess Spread is calculated on a cash basis
and may be higher than Spread to Base Rate in any given month.
Spread to Base Rate assumes coupon and servicing fee are
allocated based upon the entire invested amount.
4
Defaults 9.63%
30-59 Days Delinquent 4.13%
60-89 Days Delinquent 1.52%
90 + Days Delinquent 2.85%
-----------------------------------------------------------------------------------
Total Delinquent 8.50%
Principal Payment Rate 14.00%
Pool Balance in $MM (end of month) 1,298
Seller Percent 51.07%
Series Performance Trigger (as defined in Pooling and Servicing Agreement)
Net Portfolio Yield (current month, net of Charge-offs) 12.26%
Net Portfolio Yield (previous month) 13.10%
Net Portfolio Yield (2 months previous) 13.41%
-----------------------------------------------------------------------------------
Net Portfolio Yield (3 month rolling average) 12.92%
Base Rate (current month) 3.71%
Base Rate (previous month) 4.14%
Base Rate (2 months previous) 4.02%
-----------------------------------------------------------------------------------
Base Rate (3 month rolling average) 3.96%
Spread to Base Rate (current month) 8.56%
Spread to Base Rate (previous month) 8.96%
Spread to Base Rate (2 months previous) 9.39%
-----------------------------------------------------------------------------------
Spread to Base Rate (3 month rolling average) 8.97%
Base Rate > Portfolio Yield (3 month rolling average) No
Dillard National Bank
as Servicer
By: ____________________________________
Title: Cashier
5
DNB Servicer Report Series 2002-2
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DILLARD CREDIT CARD MASTER TRUST I
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Dillard Asset Funding Company, Transferor
Dillard National Bank, Servicer
Series 2002-2
Monthly Series 2002-2 Certificateholders' Statement
Capitalized terms used in this Certificate have their respective
meanings set forth in the Amended and Restated Pooling and Servicing
Agreement; provided, that the preceding Monthly Period shall mean the Monthly
Period immediately preceding the calendar month in which this Certificate is
delivered. This Certificate is delivered pursuant to subsection 3.4(b) of the
Amended and Restated Pooling and Servicing Agreement. References herein to
certain sections and subsections are references to the respective sections and
subsections of the Amended and Restated Pooling and Servicing Agreement.
For the Period October 6 - November 30, 2002
Class A Class B Class C Total
Section 5.2 - Supplement
(a) (i) Monthly Principal Distributed - - - -
(a) (ii) Monthly Interest Distributed per $1,000 7.39 - - 7.39
Deficiency Amounts - - - -
Additional Interest - - - -
Accrued and Unpaid Interest - - - -
(a) (iii) Collections of Principal Receivables 63,406,048.24 5,317,865.27 13,090,342.25 81,814,255.75
(a) (iv) Collections of Finance Charge Receivables 6,519,790.70 546,814.85 1,346,027.61 8,412,633.15
(a) (v) Aggregate Amount of Principal Receivables 203,372,753.63 17,056,872.85 41,986,829.69 262,416,456.17
Investor Interest 200,000,000.00 16,774,000.00 41,290,516.00 258,064,516.00
Adjusted Interest 200,000,000.00 16,774,000.00 41,290,516.00 258,064,516.00
Floating Investor Percentage 15.66% 1.31% 3.23% 20.21%
Fixed Investor Percentage N/A N/A N/A N/A
(a) (vi) Receivables Delinquent (As % of Total Receivables)
Current 91.72% 1,190,853,283.65
30 to 59 days 4.02% 52,243,044.00
60 to 89 days 1.48% 19,224,444.00
90 or more days 2.78% 36,065,283.00
Total Receivables 1,298,386,054.65
(a) (vii) Investor Default Amount per $ 1,000 13.61 1.14 2.81 17.57
(a) (viii) Investor Charge-Offs N/A N/A N/A N/A
(a) (ix) Reimbursed Investor Charge-Offs N/A N/A N/A N/A
1
DNB Servicer Report Series 2002-2
Section 5.2 - Supplement (Continued)
Class A Class B Class C Total
(a) (x) Servicing Fee 777,777.78 65,232.22 160,574.23 1,003,584.23
(a) (xi) Portfolio Yield 9.76%
(a) (xii) Reallocated Monthly Principal - - - -
(a) (xiii) Closing Investor Interest 200,000,000.00 16,774,000.00 41,290,516.00 258,064,516.00
(a) (xiv) Principal Funding Account Balance -
(a) (xv) Accumulation Shortfall -
(a) (xvi) Principal Funding Investment Proceeds -
(a) (xvii) Principal Investment Funding Shortfall -
(a) (xviii)Available Funds 6,519,790.70 546,814.85 1,346,027.61 8,412,633.15
(a) (xix) Certificate Rate 3.80% 0.00% 0.00%
Additional Information
Principal Receivables - (Total Trust Pool)
Beginning Balance - 10/06/2002 1,276,853,493.36
Credit Purchases 417,881,956.79
Credit Returns (56,546,126.02)
Collections (362,253,280.57)
Finance Chgs & Late Fees 43,445,535.85
Charge-offs (20,995,524.76)
Accounts Purchased / Sold -
-----------------
Ending Balance - 11/30/2002 1,298,386,054.65
=================
Total Interest to be Distributed 1,477,777.78
=================
Dillard National Bank, as Servicer
By:
-------------------------
James P. Turk
Cashier
2
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DILLARD CREDIT CARD MASTER TRUST I
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Dillard Asset Funding Company, Transferor
Dillard National Bank, Servicer
Series 2002-2
Monthly Series 2002-2 Certificateholders' Statement
Capitalized terms used in this Certificate have their respective
meanings set forth in the Amended and Restated Pooling and Servicing
Agreement; provided, that the preceding Monthly Period shall mean the Monthly
Period immediately preceding the calendar month in which this Certificate is
delivered. This Certificate is delivered pursuant to subsection 3.4(b) of the
Amended and Restated Pooling and Servicing Agreement. References herein to
certain sections and subsections are references to the respective sections and
subsections of the Amended and Restated Pooling and Servicing Agreement.
For Month November 2002
Class A Class B Class C Total Amount
Section 5.2 - Supplement
Investor Interest 200,000,000.00 16,774,000.00 41,290,516.00 258,064,516.00
Investor Percentage 15.66% 1.31% 3.23% 20.21%
1. Monthly Principal Distributed - - - -
2. Monthly Interest Distributed 1,477,777.78 - - 1,477,777.78
Deficiency Amounts - - - -
Additional Interest - - - -
Accrued and Unpaid Interest - - - -
3. Collections of Principal Receivables 63,406,048.24 5,317,865.27 13,090,342.25 404,801,170.97
4. Collections of Finance Charge Receivables 6,519,790.70 546,814.85 1,346,027.61 41,624,087.64
5. Aggregate Amount of Principal Receivables 203,372,753.63 17,056,872.85 41,986,829.69 1,298,386,054.65
Investor Interest 200,000,000.00 16,774,000.00 41,290,516.00 258,064,516.00
Adjusted Interest 200,000,000.00 16,774,000.00 41,290,516.00 258,064,516.00
Floating Investor Percentage 15.66% 1.31% 3.23% 20.21%
Fixed Investor Percentage N/A N/A N/A N/A
6. Receivables Delinquent (As % of Total Receivables)
Current $1,190,853,283.65
30 to 59 days 52,243,044.00
60 to 89 days 19,224,444.00
90 or more days 36,065,283.00
Total Receivables $1,298,386,054.65
7. Investor Default Amount 2,722,875.66 228,367.58 562,144.70 17,383,566.47
8. Investor Charge-Offs N/A N/A N/A N/A
9. Reimbursed Investor Charge-Offs N/A N/A N/A N/A
10. Servicing Fee 777,777.78 65,232.22 160,574.23 1,003,584.23
11. Portfolio Yield 9.76%
12. Reallocated Monthly Principal -
13. Closing Investor Interest 200,000,000.00 16,774,000.00 41,290,516.00 258,064,516.00
14. Principal Funding Account Balance -
15. Accumulation Shortfall -
16. Principal Funding Investment Proceeds -
17. Principal Investment Funding Shortfall -
18. Available Funds 6,519,790.70 546,814.85 1,346,027.61 8,412,633.15
19. Certificate Rate 0.038 0 0
Beg. Balance - 10/01/02 1,276,853,493.36
Credit Purchases $417,881,956.79
Credit Returns ($56,546,126.02)
Collections ($362,253,280.57)
Finance Chgs & Late Fees $43,445,535.85
Charge-offs ($20,995,524.76)
Accounts Purchased / Sold -----------------
Ending Balance $1,298,386,054.65
=================
Memo Credit Reporting (net)
Beginning Balances 1,276,853,493.36
Net Purchases 369,593,970.70
Finance Charges 32,368,315.26
Late Fees 7,465,262.30
Recoveries 2,714,312.84
Payments (364,967,593.41)
Employee Discounts (8,258,139.93)
Possible Charge Off Accounts -
Charge Off Accounts (10,893,019.14)
Bankruptcy, Fraud, Etc. (6,490,547.33)
------------------
Ending Balance 1,298,386,054.65
==================
Defaults ($17,383,566.47)
==================
Finance Charge Collections 39,833,577.56
==================
Recoveries 2,714,312.84
Less: Costs of Collection 923,802.76
------------------
1,790,510.08
==================
Finance Charge Collections plus Recoveries 41,624,087.64
==================
Dillards
Daily Accounts Receivable Reconciliation
Oct 7 - Nov 30, 2002
Calendar 10/1 ~ 10/6
October November Combined DNB - LA DNB - AZ
CMS Balance: 1,288,650,386.90 1,265,799,071.22 1,288,650,386.90 1,276,853,493.36
Prior
Finance Charges -
billing 19,073,474.91 19,440,292.25 38,513,767.16 670,302.66 3,883,371.05 33,960,093.45
Credit Life Insurance 6,494.84 7,133.22 13,628.06 1,822.01 - 11,806.05
Property Insurance 252,143.88 265,871.78 518,015.66 9,643.79 59,807.91 448,563.96
Charge offs - billing (11,918,895.98) (12,303,636.38) (24,222,532.36) (299,236.58) (2,927,771.02) (20,995,524.76)
Small Balance W/O (3,684.52) (4,058.05) (7,742.57) (164.32) (749.70) (6,828.55)
Billed Amounts => 7,409,533.13 7,405,602.82 14,815,135.95 382,367.56 1,014,658.24 13,418,110.15
Purchases 174,313,986.20 219,204,676.17 393,518,662.37 4,241,537.82 29,188,301.51 360,088,823.04
Finance Chgs - posting (83,711.64) (74,907.05) (158,618.69) (1,114.54) (14,849.54) (142,654.61)
Credit Life Insurance (0.87) (1.81) (2.68) - - (2.68)
Property Insurance (5,500.28) (5,569.94) (11,070.22) (57.10) (796.62) (10,216.50)
Balance Transfer (227,339.74) (156,181.93) (383,521.67) (5,010.05) (26,951.21) (351,560.41)
Credit Balance Refunds 526,837.47 519,131.57 1,045,969.04 13,029.17 81,350.53 951,589.34
Legal and Agency Fees - - - - - -
Late Payment Charge 5,819,109.33 4,948,755.84 10,767,865.17 141,909.75 991,029.86 9,634,925.56
NSF Check Charges 82,883.45 64,476.00 147,359.45 2,025.00 16,406.50 128,927.95
Refinanced Balances 35,946.76 31,953.26 67,900.02 - - 67,900.02
Total Charges => 180,462,210.68 224,532,332.11 404,994,542.79 4,392,320.05 30,234,491.03 370,367,731.71
Downpayments (2,048,954.93) (2,441,740.43) (4,490,695.36) (48,565.17) (336,896.27) (4,105,233.92)
Cash Collections (208,674,104.56) (196,909,211.07) (405,583,315.63) (6,405,665.00) (41,029,603.98) (358,148,046.65)
Total Payments => (210,723,059.49) (199,350,951.50) (410,074,010.99) (6,454,230.17) (41,366,500.25) (362,253,280.57)
Net Change for Day (30,260,848.81) 25,181,380.61 (5,079,468.20) (2,061,910.12) (11,132,009.22) 8,114,451.14
CMS Ending Balance 1,265,799,071.22 1,298,386,054.65 1,298,386,054.65 1,298,386,054.65
General Ledger:
Beginning Balance 1,927,329,109.05 1,915,082,690.60
P & L account 638,639,995.50 649,249,654.67
Non P & L 1,288,689,113.55 1,265,833,035.93
Activity:
Insurance Charged 23,322.57 22,466.67 45,789.24 6,274.22 - 39,515.02
ADJ Late Fees (594,191.67) (580,637.44) (1,174,829.11) (18,340.25) (110,470.14) (1,046,018.72)
Late Fees Charged 6,413,301.00 5,529,393.28 11,942,694.28 160,250.00 1,101,500.00 10,680,944.28
DNB Charges 206,313,185.26 257,561,038.03 463,874,223.29 4,978,695.00 34,651,738.16 424,243,790.13
DNB Credits (29,465,240.83) (32,713,516.86) (62,178,757.69) (728,919.74) (4,903,711.93) (56,546,126.02)
DNB Payments (70,979,724.52) (73,991,346.85) (144,971,071.37) (2,179,852.52) (13,865,615.64) (128,925,603.21)
Mail Payments (139,095,357.57) (124,582,550.75) (263,677,908.32) (4,264,916.06) (27,411,077.41) (232,001,914.85)
Service Charges DNB 19,225,721.59 19,600,827.43 38,826,549.02 672,763.01 3,930,792.79 34,222,993.22
Tax on MS Fin Chgs 29,623.56 30,348.57 59,972.13 2,739.51 2,816.84 54,415.78
Employee Discounts (2,833,451.60) (6,017,496.15) (8,850,947.75) (8,933.77) (583,874.05) (8,258,139.93)
Jounal Entry (1,283,606.24) (1,315,872.44) (2,599,478.68) (26,716.89) (276,170.29) (2,296,591.50)
Reqested Total => (12,246,418.45) 43,542,653.49 31,296,235.04 (1,406,957.49) (7,464,071.67) 40,167,264.20
Ending Balance 1,915,082,690.60 1,958,625,344.09
P & L Account 649,249,654.67 660,278,778.42
Non P & L 1,265,833,035.93 1,298,346,565.67
Adjustments:
Opening Diff. Terms
Change transfers - -
Terms change balance
transfers - -
DNB Charges (P&L) - -
DNB Credits (P&L) - -
DNB PMTs (P&L) 956.00 -
Mail PMTs (P&L) - -
P & L Change for Day
less write-offs - -
P&L Folder - -
Batch Entries & pmt
processing - -
P/R W/E today - -
Miscellaneous Jes - -
Mail Pmts Today - -
Mail Pmts Yesterday - -
Finance chgs - GL today
or CMS today - -
Finance chgs - GL yesterday - -
MTD Adjustments yesterday - -
Total Adjustments 956.00 -
Adjusted GL 1,265,833,991.93 1,298,346,565.67
CMS Report (Posting) 1,265,799,071.22 1,298,386,054.65
Difference - Each Day 34,920.71 (39,488.98)
Additional Information:
Recoveries $1,519,658.52 1,514,168.54 $3,033,827.06 29,567.36 289946.86 2,714,312.84
================
Bankruptcies $3,414,273.47 3,692,840.40 $7,107,113.87 95,455.63 521110.91 6,490,547.33
================
Trust Reporting
Beg. Balance - 10/01/02 1,288,650,386.90 1,265,799,071.22 1,288,650,386.90 1,276,853,493.36
Credit Purchases 204,450,692.54 252,645,005.18 $457,095,697.72 $4,991,910.38 $34,221,830.55 $417,881,956.79
Credit Returns (29,465,240.83) (32,713,516.86) ($62,178,757.69) ($728,919.74) ($4,903,711.93) ($56,546,126.02)
Collections (210,723,059.49) (199,350,951.50) ($410,074,010.99) ($6,454,230.17)($41,366,500.25)($362,253,280.57)
Finance Chgs & Late Fees 24,805,188.08 24,310,082.99 $49,115,271.07 $810,933.55 $4,858,801.67 $43,445,535.85
Charge-offs (11,918,895.98) (12,303,636.38) ($24,222,532.36) ($299,236.58) ($2,927,771.02) ($20,995,524.76)
Accounts Purchased / Sold
----------------- -----------------
Ending Balance 1,265,799,071.22 1,298,386,054.65 $1,298,386,054.65 $1,298,386,054.65
================= =================
Delinquencies:
Delinquent 30 days 59,683,639.00 52,243,044.00
Delinquent 60 days 19,618,777.00 19,224,444.00
Delinquent 90 + days 33,934,738.00 36,065,283.00
Total Delinquencies => 113,237,154.00 107,532,771.00
Number of Accounts:
Beginning => 2,429,819.00 2,357,054.00
Ending => 2,357,054.00 2,284,416.00
Memo Credit Reporting
(gross)
Beginning Balances 1,288,650,386.90 1,265,799,071.22 1,276,853,493.36
Net Purchases 177,818,903.31 225,948,984.47 403,767,887.78 $4,271,924.41 $29,901,992.67 369,593,970.70
Finance Charges 18,986,078.75 19,361,327.15 38,347,405.90 $669,023.80 $3,867,771.81 33,810,610.29
Late Fees 5,819,109.33 4,948,755.84 10,767,865.17 $141,909.75 $991,029.86 9,634,925.56
Recoveries 1,519,658.52 1,514,168.54 3,033,827.06 $29,567.36 $289,946.86 2,714,312.84
Payments (212,242,718.01) (200,865,120.04) (413,107,838.05) ($6,483,797.53)($41,656,447.11) (364,967,593.41)
Employee Discounts (2,833,451.60) (6,017,496.15) (8,850,947.75) ($8,933.77) ($583,874.05) (8,258,139.93)
Possible Charge Off
Accounts - - - $0.00 $0.00 -
Charge Off Accounts (8,504,622.51) (8,610,795.98) (17,115,418.49) ($203,780.95) ($2,406,660.11) (14,504,977.43)
Bankruptcy, Fraud, Etc. (3,414,273.47) (3,692,840.40) (7,107,113.87) ($95,455.63) ($521,110.91) (6,490,547.33)
-----------------
Ending Balance 1,265,799,071.22 1,298,386,054.65 $1,298,386,054.65
=================
Memo Credit Reporting
(net)
Beginning Balances 1,288,650,386.90 1,265,799,071.22 1,276,853,493.36
Net Purchases 177,818,903.31 225,948,984.47 403,767,887.78 $4,271,924.41 $29,901,992.67 369,593,970.70
Finance Charges 18,140,004.30 18,505,450.22 36,645,454.52 $647,626.80 $3,629,512.46 32,368,315.26
Late Fees 4,552,436.15 3,656,438.70 8,208,874.86 $126,096.35 $617,516.21 7,465,262.30
Recoveries 1,519,658.52 1,514,168.54 3,033,827.06 $29,567.36 $289,946.86 2,714,312.84
Payments (212,242,718.01) (200,865,120.04) (413,107,838.05) ($6,483,797.53)($41,656,447.11) (364,967,593.41)
Employee Discounts (2,833,451.60) (6,017,496.15) (8,850,947.75) ($8,933.77) ($583,874.05) (8,258,139.93)
Possible Charge Off
Accounts - - - $0.00 $0.00 -
Charge Off Accounts (6,391,874.88) (6,462,601.92) (12,854,476.80) ($166,570.55) ($1,794,887.11) (10,893,019.14)
Bankruptcy, Fraud, Etc. (3,414,273.47) (3,692,840.40) (7,107,113.87) ($95,455.63) ($521,110.91) (6,490,547.33)
-----------------
Ending Balance 1,265,799,071.22 1,298,386,054.65 $1,298,386,054.65
=================
Defaults (9,806,148.35) (10,155,442.32) (19,961,590.67) ($262,026.18) ($2,315,998.02) (17,383,566.47)
Finance Charge Collections 22,692,440.45 22,161,888.93 44,854,329.38 $773,723.15 $4,247,028.67 39,833,577.56
Recoveries 1,519,658.52 1,514,168.54 3,033,827.06 29,567.36 289,946.86 2,714,312.84
Less: Costs of Collection 337,602.81 586,199.95 923,802.76 923,802.76
1,182,055.71 927,968.59 2,110,024.30 29,567.36 289,946.86 1,790,510.08
Dillards
Daily Accounts Receivable Reconciliation
October-02
Calendar
Center 1 Center 2 Center 3
CMS Balance:
Prior $1,124,252,509.89 ($54,470.86) $164,397,877.01
Finance Charges - billing $16,555,446.50 $160.24 $2,518,028.41
Credit Life Insurance $0.00 $0.00 $6,494.84
Property Insurance $214,718.27 $0.00 $37,425.61
Charge offs - billing ($10,781,835.36) ($5,000.00) ($1,137,060.62)
Small Balance W/O ($3,107.99) $0.00 ($576.53)
-----------------------------------------------------------------
Billed Amounts => $5,985,221.42 ($4,839.76) $1,424,311.71
-----------------------------------------------------------------
Purchases $152,083,477.27 $48,290.41 $22,230,508.93
Finance Chgs - posting ($76,431.18) ($64.23) ($7,280.46)
Credit Life Insurance $0.00 $0.00 ($0.87)
Property Insurance ($5,347.83) $0.00 ($152.45)
Balance Transfer ($205,077.24) $0.00 ($22,262.50)
Credit Balance Refunds $460,722.22 $12.95 $66,115.25
Legal and Agency Fees $0.00 $0.00 $0.00
Late Payment Charge $5,159,753.03 $0.00 $659,356.30
NSF Check Charges $74,508.45 $0.00 $8,375.00
Refinanced Balances $0.00 $0.00 $35,946.76
-----------------------------------------------------------------
Total Charges => $157,491,604.72 $48,239.13 $22,970,605.96
-----------------------------------------------------------------
Downpayments ($1,818,590.63) ($2,123.78) ($230,364.30)
Cash Collections ($180,598,292.53) ($34,823.38) ($28,075,812.03)
----------------- ----------------- ----------------
Total Payments => ($182,416,883.16) ($36,947.16) ($28,306,176.33)
----------------- ----------------- ----------------
----------------- ----------------- ----------------
Net Change for Day ($24,925,278.44) $11,291.97 ($5,335,570.37)
----------------- ----------------- ----------------
----------------- ----------------- ----------------
CMS Ending Balance $1,105,312,452.87 ($48,018.65) $160,486,618.35
----------------- ----------------- ----------------
General Ledger:
Beginning Balance $1,705,521,106.12 $178,172,883.90 $221,808,002.93
P & L account $581,230,421.56 $173,201,267.38 $57,409,573.94
----------------- ----------------- ----------------
Non P & L $1,124,290,684.56 $4,971,616.52 $164,398,428.99
----------------- ----------------- ----------------
Activity:
Insurance Charged $0.00 $0.00 $23,322.57
ADJ Late Fees ($515,187.97) $0.00 ($79,003.70)
Late Fees Charged $5,674,941.00 $0.00 $738,360.00
DNB Charges $180,238,900.10 ($25,364,709.35) $26,074,285.16
DNB Credits ($25,652,728.97) $23,381,257.43 ($3,812,511.86)
DNB Payments ($62,291,711.70) $70,947,338.15 ($8,688,012.82)
Mail Payments ($119,546,707.14) ($70,408,855.41) ($19,548,650.43)
Service Charges DNB $16,706,818.82 $160.24 $2,518,902.77
Tax on MS Fin Chgs $18,920.08 ($111.70) $10,703.48
Employee Discounts ($2,787,096.28) ($162.43) ($46,355.32)
Jounal Entry ($1,157,355.87) $1,243,896.01 ($126,250.37)
----------------- ----------------- ----------------
Reqested Total => ($9,311,207.93) ($201,187.06) ($2,935,210.52)
----------------- ----------------- ----------------
Ending Balance $1,696,209,898.19 $177,971,696.84 $218,872,792.41
P & L Account $590,863,196.81 $173,178,771.11 $58,386,457.86
----------------- ----------------- ----------------
Non P & L $1,105,346,701.38 $4,792,925.73 $160,486,334.55
----------------- ----------------- ----------------
Adjustments:
Opening Diff. Terms Change
transfers $0.00 $0.00
Terms change balance
transfers $0.00 $0.00
DNB Charges (P&L) $0.00 $64.00 $0.00
DNB Credits (P&L) $0.00 $0.00 $0.00
DNB PMTs (P&L) $956.00 $0.00 $0.00
Mail PMTs (P&L) $0.00 $0.00 $0.00
P & L Change for Day less
write-offs $0.00 $0.00 $0.00
P&L Folder $0.00
Batch Entries & pmt
processing $987.79
P/R W/E today $0.00
Miscellaneous Jes $0.00 $0.00
Mail Pmts Today ($140,640,195.23)
Mail Pmts Yesterday $135,500,022.19
Finance chgs - GL today or
CMS today
Finance chgs - GL yesterday
MTD Adjustments yesterday
----------------- ----------------- ----------------
Total Adjustments $956.00 ($5,139,121.25) $0.00
----------------- ----------------- ----------------
Adjusted GL $1,105,347,657.38 ($346,195.52) $160,486,334.55
CMS Report (Posting) $1,105,312,452.87 ($48,018.65) $160,486,618.35
----------------- ----------------- ----------------
Difference - Each Day $35,204.51 ($298,176.87) ($283.80)
================= ================= ================
Additional Information:
Recoveries $1,342,561.34 $0.00 $177,097.18
================= ================= ================
Bankruptcies $2,963,349.91 $0.00 $450,923.56
================= ================= ================
Trust Reporting
Beg. Balance - 10/01/02 $1,124,252,509.89 ($54,470.86) $164,397,877.01
Credit Purchases $178,275,730.11 ($23,332,954.07) $26,174,962.43
Credit Returns ($25,652,728.97) $23,381,257.43 ($3,812,511.86)
Collections ($182,416,883.16) ($36,947.16) ($28,306,176.33)
Finance Chgs & Late Fees $21,635,660.36 $96.01 $3,169,527.72
Charge-offs ($10,781,835.36) ($5,000.00) ($1,137,060.62)
Accounts Purchased / Sold
----------------- ----------------- ----------------
Ending Balance $1,105,312,452.87 ($48,018.65) $160,486,618.35
================= ================= ================
Delinquencies:
Delinquent 30 days $52,554,408.00 $30,566.00 $7,129,231.00
Delinquent 60 days $17,691,059.00 $21.00 $1,927,718.00
Delinquent 90 + days $31,253,319.00 $347.00 $2,681,419.00
----------------- ----------------- ----------------
Total Delinquencies => $101,498,786.00 $30,934.00 $11,738,368.00
================= ================= ================
Number of Accounts:
Beginning => 2,092,384 67 337,435
================= ================= ================
Ending => 2,031,598 66 325,456
================= ================= ================
Memo Credit Reporting (gross)
Beginning Balances $1,124,252,509.89 ($54,470.86) $164,397,877.01
Net Purchases $155,410,097.42 $48,465.79 $22,408,805.89
Finance Charges $16,475,907.33 $96.01 $2,510,171.42
Late Fees $5,159,753.03 $0.00 $659,356.30
Recoveries $1,342,561.34 $0.00 $177,097.18
Payments ($183,759,444.50) ($36,947.16) ($28,483,273.51)
Employee Discounts ($2,787,096.28) ($162.43) ($46,355.32)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts ($7,818,485.45) ($5,000.00) ($686,137.06)
Bankruptcy, Fraud, Etc. ($2,963,349.91) $0.00 ($450,923.56)
----------------- ----------------- ----------------
Ending Balance $1,105,312,452.87 ($48,018.65) $160,486,618.35
================= ================= ================
Memo Credit Reporting (net)
Beginning Balances $1,124,252,509.89 ($54,470.86) $164,397,877.01
Net Purchases $155,410,097.42 $48,465.79 $22,408,805.89
Finance Charges $15,701,877.27 $96.01 $2,438,127.03
Late Fees $3,946,324.09 $0.00 $606,112.06
Recoveries $1,342,561.34 $0.00 $177,097.18
Payments ($183,759,444.50) ($36,947.16) ($28,483,273.51)
Employee Discounts ($2,787,096.28) ($162.43) ($46,355.32)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts ($5,831,026.45) ($5,000.00) ($560,848.43)
Bankruptcy, Fraud, Etc. ($2,963,349.91) $0.00 ($450,923.56)
----------------- ----------------- ----------------
Ending Balance $1,105,312,452.87 ($48,018.65) $160,486,618.35
================= ================= ================
Defaults a ($8,794,376.36) ($5,000.00) ($1,011,771.99)
================= ================= ================
Finance Charge Collections b $19,648,201.36 $96.01 $3,044,239.09
================= ================= ================
Recoveries c $1,342,561.34 $0.00 $177,097.18
Less: Costs of Collection $337,602.81
----------------- ----------------- ----------------
$1,004,958.53 $0.00 $177,097.18
================= ================= ================
Oct 2001
Center 4 Totals Trust Trust
CMS Balance:
Prior $262,317.22 $1,288,858,233.26 <= $1,288,650,386.90
Finance Charges - billing $2,417.12 $19,076,052.27 $19,073,474.91
Credit Life Insurance $10.37 $6,505.21 $6,494.84
Property Insurance $2.58 $252,146.46 $252,143.88
Charge offs - billing ($1,383.10) ($11,925,279.08) ($11,918,895.98)
Small Balance W/O ($1.40) ($3,685.92) ($3,684.52)
-------------- ----------------- -----------------
Billed Amounts => $1,045.57 $7,405,738.94 $7,409,533.13
-------------- ----------------- -----------------
Purchases $84,333.38 $174,446,609.99 $174,313,986.20
Finance Chgs - posting ($179.49) ($83,955.36) ($83,711.64)
Credit Life Insurance $0.00 ($0.87) ($0.87)
Property Insurance $0.00 ($5,500.28) ($5,500.28)
Balance Transfer $160.16 ($227,179.58) ($227,339.74)
Credit Balance Refunds $1,082.84 $527,933.26 $526,837.47
Legal and Agency Fees $0.00 $0.00 $0.00
Late Payment Charge $0.00 $5,819,109.33 $5,819,109.33
NSF Check Charges $25.00 $82,908.45 $82,883.45
Refinanced Balances ($35,946.76) $0.00 $35,946.76
-------------- ----------------- -----------------
Total Charges => $49,475.13 $180,559,924.94 $180,462,210.68
-------------- ----------------- -----------------
Downpayments ($1,200.54) ($2,052,279.25) ($2,048,954.93)
Cash Collections ($67,149.32) ($208,776,077.26) ($208,674,104.56)
-------------- ----------------- -----------------
Total Payments => ($68,349.86) ($210,828,356.51) ($210,723,059.49)
-------------- ----------------- -----------------
-------------- ----------------- -----------------
Net Change for Day ($18,874.73) ($30,268,431.57) ($30,260,848.81)
-------------- ----------------- -----------------
-------------- ----------------- -----------------
CMS Ending Balance $244,488.06 $1,265,995,540.63 <= $1,265,799,071.22
-------------- ----------------- -----------------
General Ledger:
Beginning Balance $90,535,347.14 $2,196,037,340.09 <= $1,927,329,109.05
P & L account $90,273,028.97 $902,114,291.85 <= $638,639,995.50
-------------- -----------------
Non P & L $262,318.17 $1,293,923,048.24 <= $1,288,689,113.55
-------------- -----------------
Activity:
Insurance Charged $12.95 $23,335.52 $23,322.57
ADJ Late Fees $0.00 ($594,191.67) ($594,191.67)
Late Fees Charged $0.00 $6,413,301.00 $6,413,301.00
DNB Charges $107,724.69 $181,056,200.60 $206,313,185.26
DNB Credits ($22,487.18) ($6,106,470.58) ($29,465,240.83)
DNB Payments ($17,190.55) ($49,576.92) ($70,979,724.52)
Mail Payments ($50,806.59) ($209,555,019.57) ($139,095,357.57)
Service Charges DNB $2,413.36 $19,228,295.19 $19,225,721.59
Tax on MS Fin Chgs $3.76 $29,515.62 $29,623.56
Employee Discounts ($169.74) ($2,833,783.77) ($2,833,451.60)
Jounal Entry ($55,320.06) ($95,030.29) ($1,283,606.24)
-------------- ----------------- -----------------
Reqested Total => ($35,819.36) ($12,483,424.87) ($12,246,418.45)
-------------- ----------------- -----------------
Ending Balance $90,499,527.78 $2,183,553,915.22 <= $1,915,082,690.60
P & L Account $90,255,038.77 $912,683,464.55 <= $649,249,654.67
-------------- ----------------- -----------------
Non P & L $244,489.01 $1,270,870,450.67 <= $1,265,833,035.93
-------------- ----------------- -----------------
Adjustments:
Opening Diff. Terms Change
transfers $0.00 $0.00
Terms change balance
transfers $0.00 $0.00
DNB Charges (P&L) $0.00 $64.00 $0.00
DNB Credits (P&L) $0.00 $0.00 $0.00
DNB PMTs (P&L) $0.00 $956.00 $956.00
Mail PMTs (P&L) $0.00 $0.00 $0.00
P & L Change for Day less
write-offs $0.00 $0.00 $0.00
P&L Folder $0.00 $0.00
Batch Entries & pmt
processing $987.79 $0.00
P/R W/E today $0.00 $0.00
Miscellaneous Jes $0.00 $0.00 $0.00
Mail Pmts Today ($140,640,195.23) $0.00
Mail Pmts Yesterday $135,500,022.19 $0.00
Finance chgs - GL today or
CMS today $0.00 $0.00
Finance chgs - GL yesterday $0.00 $0.00
MTD Adjustments yesterday $0.00 $0.00
-------------- ----------------- -----------------
Total Adjustments $0.00 ($5,138,165.25) $956.00
-------------- ----------------- -----------------
Adjusted GL $244,489.01 $1,265,732,285.42 $1,265,833,991.93
CMS Report (Posting) $244,488.06 $1,265,995,540.63 $1,265,799,071.22
-------------- ----------------- -----------------
Difference - Each Day $0.95 ($263,255.21) $34,920.71
============== ================= =================
Additional Information:
Recoveries $21,000.98 $1,540,659.50 $1,519,658.52
============== ================= =================
Bankruptcies $1,627.68 $3,415,901.15 $3,414,273.47
============== ================= =================
Trust Reporting
Beg. Balance - 10/01/02 $262,317.22 $1,288,858,233.26 $1,288,650,386.90
Credit Purchases $72,154.75 $181,189,893.22 $204,450,692.54
Credit Returns ($22,487.18) ($6,106,470.58) ($29,465,240.83)
Collections ($68,349.86) ($210,828,356.51) ($210,723,059.49)
Finance Chgs & Late Fees $2,236.23 $24,807,520.32 $24,805,188.08
Charge-offs ($1,383.10) ($11,925,279.08) ($11,918,895.98)
Accounts Purchased / Sold
-------------- ----------------- -----------------
Ending Balance $244,488.06 $1,265,995,540.63 $1,265,799,071.22
============== ================= =================
Delinquencies:
Delinquent 30 days $12,647.00 $59,726,852.00 $59,683,639.00
Delinquent 60 days $15,977.00 $19,634,775.00 $19,618,777.00
Delinquent 90 + days $10,106.00 $33,945,191.00 $33,934,738.00
-------------- ----------------- -----------------
Total Delinquencies => $38,730.00 $113,306,818.00 $113,237,154.00
============== ================= =================
Number of Accounts:
Beginning => 2,779 2,432,665 2,429,819
============== ================= =================
Ending => 2,899 2,360,019 2,357,054
============== ================= =================
Memo Credit Reporting (gross)
Beginning Balances $262,317.22 $1,288,858,233.26 $1,288,650,386.90
Net Purchases $49,837.31 $177,917,206.41 $177,818,903.31
Finance Charges $2,236.23 $18,988,410.99 $18,986,078.75
Late Fees $0.00 $5,819,109.33 $5,819,109.33
Recoveries $21,000.98 $1,540,659.50 $1,519,658.52
Payments ($89,350.84) ($212,369,016.01) ($212,242,718.01)
Employee Discounts ($169.74) ($2,833,783.77) ($2,833,451.60)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts $244.58 ($8,509,377.93) ($8,504,622.51)
Bankruptcy, Fraud, Etc. ($1,627.68) ($3,415,901.15) ($3,414,273.47)
-------------- ----------------- -----------------
Ending Balance $244,488.06 $1,265,995,540.63 $1,265,799,071.22
============== ================= =================
Memo Credit Reporting (net)
Beginning Balances $262,317.22 $1,288,858,233.26 $1,288,650,386.90
Net Purchases $49,837.31 $177,917,206.41 $177,818,903.31
Finance Charges $2,236.23 $18,142,336.54 $18,140,004.30
Late Fees $0.00 $4,552,436.15 $4,552,436.15
Recoveries $21,000.98 $1,540,659.50 $1,519,658.52
Payments ($89,350.84) ($212,369,016.01) ($212,242,718.01)
Employee Discounts ($169.74) ($2,833,783.77) ($2,833,451.60)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts $244.58 ($6,396,630.30) ($6,391,874.88)
Bankruptcy, Fraud, Etc. ($1,627.68) ($3,415,901.15) ($3,414,273.47)
-------------- ----------------- -----------------
Ending Balance $244,488.06 $1,265,995,540.63 $1,265,799,071.22
============== ================= =================
Defaults a ($1,383.10) ($9,812,531.45) ($9,806,148.35)
============== ================= =================
Finance Charge Collections b $2,236.23 $22,694,772.69 $22,692,440.45
============== ================= =================
Recoveries c $21,000.98 $1,540,659.50 $1,519,658.52
Less: Costs of Collection $337,602.81 $337,602.81
-------------- ----------------- -----------------
$21,000.98 $1,203,056.69 $1,182,055.71
============== ================= =================
$1,288,650,386.90 Beg Above
$1,298,722,654.14 Trust
-----------------
($10,072,267.24)
=================
$1,265,799,071.22 End Above
$10,072,267.24 Adj
-----------------
$1,275,871,338.46
=================
Dillards
Daily Accounts Receivable Reconciliation
November-02
Calendar
Center 1 Center 2 Center 3
CMS Balance:
Prior $1,105,312,452.87 ($48,018.65) $160,486,618.35
Finance Charges - billing $16,893,451.79 $1.83 $2,546,840.46
Credit Life Insurance $0.00 $0.00 $7,133.22
Property Insurance $228,496.00 $0.00 $37,375.78
Charge offs - billing ($11,276,731.55) $0.00 ($1,026,904.83)
Small Balance W/O ($3,460.12) $0.00 ($597.93)
-----------------------------------------------------------------
Billed Amounts => $5,841,756.12 $1.83 $1,563,846.70
-----------------------------------------------------------------
Purchases $191,920,150.60 $20,311.39 $27,284,525.57
Finance Chgs - posting ($66,977.99) $0.00 ($7,929.06)
Credit Life Insurance $0.00 $0.00 ($1.81)
Property Insurance ($5,093.32) $0.00 ($476.62)
Balance Transfer ($139,228.49) $0.00 ($16,953.44)
Credit Balance Refunds $450,743.06 ($93.91) $68,388.51
Legal and Agency Fees $0.00 $0.00 $0.00
Late Payment Charge $4,387,640.84 $0.00 $561,115.00
NSF Check Charges $58,151.00 $0.00 $6,325.00
Refinanced Balances $0.00 $0.00 $31,953.26
-----------------------------------------------------------------
Total Charges => $196,605,385.70 $20,217.48 $27,926,946.41
-----------------------------------------------------------------
Downpayments ($2,207,179.57) ($366.92) ($234,560.86)
Cash Collections ($170,901,492.40) ($10,494.11) ($26,007,718.67)
-----------------------------------------------------------------
Total Payments => ($173,108,671.97) ($10,861.03) ($26,242,279.53)
-----------------------------------------------------------------
-----------------------------------------------------------------
Net Change for Day $23,496,713.73 $9,356.45 $1,684,666.88
-----------------------------------------------------------------
-----------------------------------------------------------------
CMS Ending Balance $1,134,650,922.72 ($38,660.37) $163,735,131.93
-----------------------------------------------------------------
General Ledger:
Beginning Balance $1,696,209,898.19 $177,971,696.84 $218,872,792.41
P & L account $590,863,196.81 $173,178,771.11 $58,386,457.86
-----------------------------------------------------------------
Non P & L $1,105,346,701.38 $4,792,925.73 $160,486,334.55
-----------------------------------------------------------------
Activity:
Insurance Charged $0.00 ($0.00) $22,466.67
ADJ Late Fees ($506,207.44) $0.00 ($74,430.00)
Late Fees Charged $4,893,848.28 $0.00 $635,545.00
DNB Charges $226,188,654.80 ($27,238,522.63) $31,372,383.23
DNB Credits ($28,732,394.81) $24,988,207.28 ($3,981,122.05)
DNB Payments ($65,228,425.38) $69,936,537.84 ($8,762,921.47)
Mail Payments ($107,166,039.79) ($67,185,243.64) ($17,416,510.96)
Service Charges DNB $17,064,622.00 ($6,729,795.56) $2,536,205.43
Tax on MS Fin Chgs $19,501.53 $0.00 $10,847.04
Employee Discounts ($5,918,885.40) ($95.05) ($98,610.75)
Jounal Entry ($1,174,765.42) $1,320,921.91 ($141,107.02)
-----------------------------------------------------------------
Reqested Total => $39,439,908.37 ($4,907,989.85) $4,102,745.12
-----------------------------------------------------------------
Ending Balance $1,735,649,806.56 $173,063,706.99 $222,975,537.53
P & L Account $600,961,355.58 $173,170,349.58 $59,317,422.84
-----------------------------------------------------------------
Non P & L $1,134,688,450.98 ($106,642.59) $163,658,114.69
-----------------------------------------------------------------
Adjustments:
Opening Diff. Terms Change
transfers $0.00 $0.00
Terms change balance
transfers $0.00 $0.00 $0.00
DNB Charges (P&L) $0.00 $0.00 $0.00
DNB Credits (P&L) $0.00 $0.00 $0.00
DNB PMTs (P&L) $0.00 $0.00 $0.00
Mail PMTs (P&L) $0.00 $0.00 $0.00
P & L Change for Day less
write-offs $0.00 $0.00 $0.00
P&L Folder $0.00
Batch Entries & pmt
processing $0.00
P/R W/E today $0.00
Miscellaneous Jes $0.00
Mail Pmts Today ($126,123,879.38)
Mail Pmts Yesterday $126,116,665.77
Finance chgs - GL today or
CMS today
Finance chgs - GL yesterday
MTD Adjustments yesterday
------------------------------------------------------------------
Total Adjustments $0.00 ($7,213.61) $0.00
------------------------------------------------------------------
Adjusted GL $1,134,688,450.98 ($113,856.20) $163,658,114.69
CMS Report (Posting) $1,134,650,922.72 ($38,660.37) $163,735,131.93
------------------------------------------------------------------
Difference - Each Day $37,528.26 ($75,195.83) ($77,017.24)
==================================================================
Additional Information:
Recoveries $1,325,344.86 $0.00 $188,823.68
==================================================================
Bankruptcies $3,233,956.20 $0.00 $458,884.20
==================================================================
Trust Reporting
Beg. Balance $1,105,312,452.87 ($48,018.65) $160,486,618.35
Credit Purchases $221,245,613.66 ($24,967,989.80) $31,399,391.52
Credit Returns ($28,732,394.81) $24,988,207.28 ($3,981,122.05)
Collections ($173,108,671.97) ($10,861.03) ($26,242,279.53)
Finance Chgs & Late Fees $21,210,654.52 $1.83 $3,099,428.47
Charge-offs ($11,276,731.55) $0.00 ($1,026,904.83)
Accounts Purchased / Sold
------------------------------------------------------------------
Ending Balance $1,134,650,922.72 ($38,660.37) $163,735,131.93
==================================================================
Delinquencies:
Delinquent 30 days $46,217,505.00 $1,850.00 $6,025,539.00
Delinquent 60 days $17,405,565.00 $7,486.00 $1,818,879.00
Delinquent 90 + days $33,130,195.00 $368.00 $2,935,088.00
-----------------------------------------------------------------
Total Delinquencies => $96,753,265.00 $9,704.00 $10,779,506.00
=================================================================
Number of Accounts:
Beginning => 2,031,598 66 325,456
=================================================================
Ending => 1,966,762 60 317,654
=================================================================
Memo Credit Reporting (gross)
Beginning Balances $1,105,312,452.87 ($48,018.65) $160,486,618.35
Net Purchases $198,432,104.25 $20,312.53 $27,516,880.22
Finance Charges $16,823,013.68 $1.83 $2,538,313.47
Late Fees $4,387,640.84 $0.00 $561,115.00
Recoveries $1,325,344.86 $0.00 $188,823.68
Payments ($174,434,016.83) ($10,861.03) ($26,431,103.21)
Employee Discounts ($5,918,885.40) ($95.05) ($98,610.75)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts ($8,042,775.35) $0.00 ($568,020.63)
Bankruptcy, Fraud, Etc. ($3,233,956.20) $0.00 ($458,884.20)
------------------------------------------------------------------
Ending Balance $1,134,650,922.72 ($38,660.37) $163,735,131.93
==================================================================
Memo Credit Reporting (net)
Beginning Balances $1,105,312,452.87 ($48,018.65) $160,486,618.35
Net Purchases $198,432,104.25 $20,312.53 $27,516,880.22
Finance Charges $16,026,778.92 $1.83 $2,478,671.30
Late Fees $3,139,402.11 $0.00 $517,036.60
Recoveries $1,325,344.86 $0.00 $188,823.68
Payments ($174,434,016.83) ($10,861.03) ($26,431,103.21)
Employee Discounts ($5,918,885.40) ($95.05) ($98,610.75)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts ($5,998,301.86) $0.00 ($464,300.06)
Bankruptcy, Fraud, Etc. ($3,233,956.20) $0.00 ($458,884.20)
------------------------------------------------------------------
Ending Balance $1,134,650,922.72 ($38,660.37) $163,735,131.93
==================================================================
Defaults a ($9,232,258.06) $0.00 ($923,184.26)
==================================================================
Finance Charge Collections b $19,166,181.03 $1.83 $2,995,707.90
==================================================================
Recoveries c $1,325,344.86 $0.00 $188,823.68
Less: Costs of Collection $586,199.95
------------------------------------------------------------------
$739,144.91 $0.00 $188,823.68
==================================================================
November 2002
Center 4 Totals Trust Trust
CMS Balance:
Prior $244,488.06 $1,265,995,540.63 <= $1,265,799,071.22
Finance Charges - billing $1,998.74 $19,442,292.82 $19,440,292.25
Credit Life Insurance $1.00 $7,134.22 $7,133.22
Property Insurance $2.10 $265,873.88 $265,871.78
Charge offs - billing ($5,163.18) ($12,308,799.56) ($12,303,636.38)
Small Balance W/O ($10.05) ($4,068.10) ($4,058.05)
------------------------------------ -----------------
Billed Amounts => ($3,171.39) $7,402,433.26 $7,405,602.82
------------------------------------ -----------------
Purchases $43,989.52 $219,268,977.08 $219,204,676.17
Finance Chgs - posting ($401.94) ($75,308.99) ($74,907.05)
Credit Life Insurance ($0.28) ($2.09) ($1.81)
Property Insurance $0.00 ($5,569.94) ($5,569.94)
Balance Transfer $79.91 ($156,102.02) ($156,181.93)
Credit Balance Refunds $593.91 $519,631.57 $519,131.57
Legal and Agency Fees $0.00 $0.00 $0.00
Late Payment Charge $0.00 $4,948,755.84 $4,948,755.84
NSF Check Charges $0.00 $64,476.00 $64,476.00
Refinanced Balances ($31,953.26) $0.00 $31,953.26
------------------------------------ -----------------
Total Charges => $12,307.86 $224,564,857.45 $224,532,332.11
------------------------------------ -----------------
Downpayments ($1,169.90) ($2,443,277.25) ($2,441,740.43)
Cash Collections ($59,962.90) ($196,979,668.08) ($196,909,211.07)
------------------------------------ -----------------
Total Payments => ($61,132.80) ($199,422,945.33) ($199,350,951.50)
------------------------------------ -----------------
------------------------------------ -----------------
Net Change for Day ($48,824.94) $25,141,912.12 $25,181,380.61
------------------------------------ -----------------
------------------------------------ -----------------
CMS Ending Balance $192,491.73 $1,298,539,886.01 <= $1,298,386,054.65
------------------------------------ -----------------
General Ledger:
Beginning Balance $90,499,527.78 $2,183,553,915.22 <= $1,915,082,690.60
P & L account $90,255,038.77 $912,683,464.55 <= $649,249,654.67
------------------------------------
Non P & L $244,489.01 $1,270,870,450.67 <= $1,265,833,035.93
------------------------------------
Activity:
Insurance Charged $3.38 $22,470.05 $22,466.67
ADJ Late Fees $0.00 ($580,637.44) ($580,637.44)
Late Fees Charged $0.00 $5,529,393.28 $5,529,393.28
DNB Charges $56,541.63 $230,379,057.03 $257,561,038.03
DNB Credits ($12,589.53) ($7,737,899.11) ($32,713,516.86)
DNB Payments ($17,115.92) ($4,071,924.93) ($73,991,346.85)
Mail Payments ($43,704.34) ($191,811,498.73) ($124,582,550.75)
Service Charges DNB $1,994.84 $12,873,026.71 $19,600,827.43
Tax on MS Fin Chgs $3.90 $30,352.47 $30,348.57
Employee Discounts ($64.00) ($6,017,655.20) ($6,017,496.15)
Jounal Entry ($54,158.11) ($49,108.64) ($1,315,872.44)
------------------------------------ -----------------
Reqested Total => ($69,088.15) $38,565,575.49 $43,542,653.49
------------------------------------ -----------------
Ending Balance $90,430,439.63 $2,222,119,490.71 <= $1,958,625,344.09
P & L Account $90,237,947.10 $923,687,075.10 <= $660,278,778.42
------------------------------------ -----------------
Non P & L $192,492.53 $1,298,432,415.61 <= $1,298,346,565.67
------------------------------------ -----------------
Adjustments:
Opening Diff. Terms Change
transfers $0.00 $0.00
Terms change balance
transfers $0.00 $0.00 $0.00
DNB Charges (P&L) $0.00 $0.00 $0.00
DNB Credits (P&L) $0.00 $0.00 $0.00
DNB PMTs (P&L) $0.00 $0.00 $0.00
Mail PMTs (P&L) $0.00 $0.00 $0.00
P & L Change for Day less
write-offs $0.00 $0.00 $0.00
P&L Folder $0.00 $0.00
Batch Entries & pmt
processing $0.00 $0.00
P/R W/E today $0.00 $0.00
Miscellaneous Jes $0.00 $0.00
Mail Pmts Today ($126,123,879.38) $0.00
Mail Pmts Yesterday $126,116,665.77 $0.00
Finance chgs - GL today or
CMS today $0.00 $0.00
Finance chgs - GL yesterday $0.00 $0.00
MTD Adjustments yesterday $0.00 $0.00
------------------------------------ -----------------
Total Adjustments $0.00 ($7,213.61) $0.00
------------------------------------ -----------------
Adjusted GL $192,492.53 $1,298,425,202.00 $1,298,346,565.67
CMS Report (Posting) $192,491.73 $1,298,539,886.01 $1,298,386,054.65
------------------------------------ -----------------
Difference - Each Day $0.80 ($114,684.01) ($39,488.98)
==================================== =================
Additional Information:
Recoveries $23,394.62 $1,537,563.16 $1,514,168.54
==================================== =================
Bankruptcies $5,268.99 $3,698,109.39 $3,692,840.40
==================================== =================
Trust Reporting Trust Reporting
Beg. Balance $244,488.06 $1,265,995,540.63 $1,265,799,071.22 Beg. Balance - 10/31/2002
Credit Purchases $25,302.43 $227,702,317.81 $252,645,005.18 Credit Purchases
Credit Returns ($12,589.53) ($7,737,899.11) ($32,713,516.86) Credit Returns
Collections ($61,132.80) ($199,422,945.33) ($199,350,951.50) Collections
Finance Chgs & Late Fees $1,586.75 $24,311,671.57 $24,310,082.99 Finance Chgs & Late Fees
Charge-offs ($5,163.18) ($12,308,799.56) ($12,303,636.38) Charge-offs
Accounts Purchased / Sold Accounts Purchased / Sold
------------------------------------ -----------------
Ending Balance $192,491.73 $1,298,539,886.01 $1,298,386,054.65 Ending Balance - 11/30/2002
==================================== =================
Delinquencies:
Delinquent 30 days $16,387.00 $52,261,281.00 $52,243,044.00
Delinquent 60 days $12,257.00 $19,244,187.00 $19,224,444.00
Delinquent 90 + days $17,753.00 $36,083,404.00 $36,065,283.00
------------------------------------ -----------------
Total Delinquencies => $46,397.00 $107,588,872.00 $107,532,771.00
==================================== =================
Number of Accounts:
Beginning => 2,899 2,360,019 2,357,054
==================================== =================
Ending => 2,696 2,287,172 2,284,416
==================================== =================
Memo Credit Reporting (gross)
Beginning Balances $244,488.06 $1,265,995,540.63 $1,265,799,071.22
Net Purchases $12,776.90 $225,982,073.90 $225,948,984.47
Finance Charges $1,586.75 $19,362,915.73 $19,361,327.15
Late Fees $0.00 $4,948,755.84 $4,948,755.84
Recoveries $23,394.62 $1,537,563.16 $1,514,168.54
Payments ($84,527.42) ($200,960,508.49) ($200,865,120.04)
Employee Discounts ($64.00) ($6,017,655.20) ($6,017,496.15)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts $105.81 ($8,610,690.17) ($8,610,795.98)
Bankruptcy, Fraud, Etc. ($5,268.99) ($3,698,109.39) ($3,692,840.40)
------------------------------------ -----------------
Ending Balance $192,491.73 $1,298,539,886.01 $1,298,386,054.65
==================================== =================
Memo Credit Reporting (net)
Beginning Balances $244,488.06 $1,265,995,540.63 $1,265,799,071.22
Net Purchases $12,776.90 $225,982,073.90 $225,948,984.47
Finance Charges $1,586.75 $18,507,038.80 $18,505,450.22
Late Fees $0.00 $3,656,438.70 $3,656,438.70
Recoveries $23,394.62 $1,537,563.16 $1,514,168.54
Payments ($84,527.42) ($200,960,508.49) ($200,865,120.04)
Employee Discounts ($64.00) ($6,017,655.20) ($6,017,496.15)
Possible Charge Off Accounts $0.00 $0.00 $0.00
Charge Off Accounts $105.81 ($6,462,496.11) ($6,462,601.92)
Bankruptcy, Fraud, Etc. ($5,268.99) ($3,698,109.39) ($3,692,840.40)
------------------------------------ -----------------
Ending Balance $192,491.73 $1,298,539,886.01 $1,298,386,054.65
==================================== =================
Defaults a ($5,163.18) ($10,160,605.50) ($10,155,442.32)
==================================== =================
Finance Charge Collections b $1,586.75 $22,163,477.51 $22,161,888.93
==================================== =================
Recoveries c $23,394.62 $1,537,563.16 $1,514,168.54
Less: Costs of Collection $586,199.95 $586,199.95
------------------------------------ -----------------
$23,394.62 $951,363.21 $927,968.59
==================================== =================