EXHIBIT 99.1 - ------------ Accrued Interest Date: Collection Period Ending: 25-May-07 31-May-07 Distribution Date: BMW VEHICLE OWNER TRUST 2004-A Period # 25-Jun-07 ------------------------------ 37 - ------------------------------------------------------------------------------------------------------------------------------------ Balances - ------------------------------------------------------------------------------------------------------------------------------------ Initial Period End Receivables $1,500,120,934 $179,022,990 Reserve Account $9,683,915 $7,424,874 Yield Supplement Overcollateralization $10,287,158 $934,451 Class A-1 Notes $313,000,000 $0 Class A-2 Notes $417,000,000 $0 Class A-3 Notes $470,000,000 $0 Class A-4 Notes $256,312,000 $144,566,763 Class B Notes $33,521,000 $33,521,000 Current Collection Period - ------------------------------------------------------------------------------------------------------------------------------------ Beginning Receivables Outstanding $196,968,238 Calculation of Total Distribution Amount Regular Principal Distributable Amount Receipts of Scheduled Principal $12,695,437 Receipts of Pre-Paid Principal $4,916,107 Liquidation Proceeds $129,486 Principal Balance Allocable to Gross Charge-offs $204,218 Total Receipts of Principal $17,945,248 Interest Distribution Amount Receipts of Interest $690,837 Servicer Advances $26,002 Reimbursement of Previous Servicer Advances $0 Accrued Interest on Purchased Receivables $0 Recoveries $27,573 Net Investment Earnings $30,101 Total Receipts of Interest $774,513 Release from Reserve Account $24,291 Total Distribution Amount $18,539,834 Ending Receivables Outstanding $179,022,990 Servicer Advance Amounts - ------------------------------------------------------------------------------------------------------------------------------------ Beginning Period Unreimbursed Previous Servicer Advance $543,999 Current Period Servicer Advance $26,002 Current Reimbursement of Previous Servicer Advance $0 Ending Period Unreimbursed Previous Servicer Advances $570,001 Collection Account - ------------------------------------------------------------------------------------------------------------------------------------ Deposits to Collection Account $18,539,834 Withdrawals from Collection Account Servicing Fees $164,140 Class A Noteholder Interest Distribution $449,292 First Priority Principal Distribution $0 Class B Noteholder Interest Distribution $98,328 Regular Principal Distribution $17,828,073 Reserve Account Deposit $0 Unpaid Trustee Fees $0 Excess Funds Released to Depositor $0 Total Distributions from Collection Account $18,539,834 Excess Funds Released to the Depositor - ------------------------------------------------------------------------------------------------------------------------------------ Release from Reserve Account $0 Release from Collection Account $0 Total Excess Funds Released to the Depositor $0 Note Distribution Account - ------------------------------------------------------------------------------------------------------------------------------------ Amount Deposited from the Collection Account $18,375,694 Amount Deposited from the Reserve Account $0 Amount Paid to Noteholders $18,375,694 Distributions - ------------------------------------------------------------------------------------------------------------------------------------ Monthly Principal Distributable Amount Current Payment Ending Balance Per $1,000 Factor Class A-1 Notes $0 $0 $0.00 0.00% Class A-2 Notes $0 $0 $0.00 0.00% Class A-3 Notes $0 $0 $0.00 0.00% Class A-4 Notes $17,828,073 $144,566,763 $69.56 56.40% Class B Notes $0 $33,521,000 $0.00 100.00% Interest Distributable Amount Current Payment Per $1,000 Class A-1 Notes $0 $0.00 Class A-2 Notes $0 $0.00 Class A-3 Notes $0 $0.00 Class A-4 Notes $449,292 $1.75 Class B Notes $98,328 $2.93 Carryover Shortfalls - ------------------------------------------------------------------------------------------------------------------------------------ Prior Period Carryover Current Payment Per $1,000 Class A-1 Interest Carryover Shortfall $0 $0 $0 Class A-2 Interest Carryover Shortfall $0 $0 $0 Class A-3 Interest Carryover Shortfall $0 $0 $0 Class A-4 Interest Carryover Shortfall $0 $0 $0 Class B Interest Carryover Shortfall $0 $0 $0 Receivables Data - ------------------------------------------------------------------------------------------------------------------------------------ Beginning Period Ending Period Number of Contracts 24,377 25,513 Weighted Average Remaining Term 16.23 17.12 Weighted Average Annual Percentage Rate 4.62% 4.62% Delinquencies Aging Profile End of Period Dollar Amount Percentage Current $156,567,496 87.46% 1-29 days $17,389,115 9.71% 30-59 days $3,372,839 1.88% 60-89 days $774,303 0.43% 90-119 days $219,255 0.12% 120-149 days $699,982 0.39% Total $179,022,990 100.00% Delinquent Receivables +30 days past due $5,066,379 2.83% Write-offs Gross Principal Write-Offs for Current Period $204,218 Recoveries for Current Period $27,573 Net Write-Offs for Current Period $176,644 Cumulative Realized Losses $7,459,601 Repossessions Dollar Amount Units Beginning Period Repossessed Receivables Balance $400,643 29 Ending Period Repossessed Receivables Balance $350,449 25 Principal Balance of 90+ Day Repossessed Vehicles $48,883 2 Yield Supplement Overcollateralization - ------------------------------------------------------------------------------------------------------------------------------------ Beginning Period Required Amount $1,051,626 Beginning Period Amount $1,051,626 Ending Period Required Amount $934,451 Current Period Release $117,175 Ending Period Amount $934,451 Next Distribution Date Required Amount $824,855 Reserve Account - ------------------------------------------------------------------------------------------------------------------------------------ Beginning Period Required Amount $7,449,165 Beginning Period Amount $7,449,165 Net Investment Earnings $30,101 Current Period Deposit $0 Current Period Release to Collection Account $24,291 Current Period Release to Depositor $0 Ending Period Required Amount $7,449,165 Ending Period Amount $7,424,874