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Exhibit 99 (A)
DISCOVER CARD TRUST 1992 B
Credit Card Pass-Through Certificates
Distribution and Performance
Annual Aggregate Report - 1997
Under the Pooling and Servicing Agreement dated as of December 1,
1992 (the "Agreement") by and among Greenwood Trust Company (the
"Servicer"), Discover Receivables Financing Group, Inc. and Wilmington
Trust Company, as Trustee, the Servicer is required to prepare certain
information each month regarding current distributions to Investor
Certificateholders and the performance of the Trust during the previous
month. For purposes of filing Form 10-K, certain information is
required to be prepared with respect to the Distribution Dates occurring
during the calendar year 1997. The information which is required to be
prepared with respect to such Distribution Dates related to the year
mentioned above is set forth below. Certain of the information is
presented on the basis of an original principal amount of $1,000 per
Investor Certificate. Certain other information is presented based upon
the aggregate amounts for the Trust as a whole.
A. Information Regarding the Aggregate Distributions for 1997
1. Class A Certificates
(a) The aggregate amount of the distribution to Class
A Certificateholders on the related Distribution
Dates. $308,504,166.73
(b) The amount of the distribution set forth in
paragraph (a) above in respect of interest. $33,504,166.69
(c) The amount of the distribution set forth in
paragraph (a) above in respect of principal. $275,000,000.04
(d) The amount of the distribution set forth in
paragraph (a) above, per $1,000 interest. $560.916666783
(e) The amount of the distribution set forth in
paragraph (b) above, per $1,000 interest. $60.916666711
(f) The amount of the distribution set forth in
Paragraph (c) above, per $1,000 interest. $500.000000070
2. Class B Certificates
(a) The aggregate amount of the distribution to Class
B Certificateholders on the related Distribution
Dates. $4,125,000.00
(b) The amount of the distribution set forth in
paragraph (a) above in respect of interest. $4,125,000.00
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(c) The amount of the distribution set forth in
paragraph (a) above in respect of principal. $0.00
(d) The amount of the distribution set forth in
paragraph (a) above, per $1,000 interest. $75.000000000
(e) The amount of the distribution set forth in
paragraph (b) above, per $1,000 interest. $75.000000000
(f) The amount of the distribution set forth in
Paragraph (c) above, per $1,000 interest. $0.000000000
B. Information Regarding the Performance of the Trust
1. Collections of Receivables
(a) The aggregate amount of Finance Charge Collections
processed during the related Due Periods. $145,147,666.25
(b) The aggregate amount of Principal Collections
processed during the related Due Period. $1,498,187,122.73
(c) The aggregate amount of Finance Charge Collections
processed during the related Due Periods which was
allocated in respect of the Investor Certificates. $99,775,595.97
(d) The aggregate amount of Principal Collections
processed during the related Due Periods which was
allocated in respect of the Investor Certificates. $1,136,947,103.87
(e) The aggregate amount of Finance Charge Collections
processed during the related Due Periods which was
allocated in respect of the Class A Certificates. $89,773,295.93
(f) The aggregate amount of Principal Collections
processed during the related Due Periods which was
allocated in respect of the Class A Certificates $1,033,561,221.34
(g) The aggregate amount of Finance Charge Collections
processed during the related Due Periods which was
allocated in respect of the Class B Certificates. $10,002,300.04
(h) The aggregate amount of Principal Collections
processed during the related Due Periods which was
allocated in respect of the Class B Certificates. $103,385,882.53
(i) The aggregate amount of Finance Charge Collections
processed during the related Due Periods which was
allocated in respect of the Seller Certificate. $45,372,070.28
(j) The aggregate amount of Principal Collections
processed during the related Due Periods which was
allocated in respect of the Seller Certificate. $361,240,018.86
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2. Investor Losses; Reimbursement of Charge-Offs
(a) The aggregate amount of Class A Investor Losses,
as defined in Section 4.04 (b) of the Agreement,
during the related Due Periods. $0.00
(b) The aggregate amount of Class B Investor Losses,
as defined in Section 4.04 (b) of the Agreement,
during the related Due Periods. $0.00
(c) The amount of Class A Investor Losses set forth in
paragraph (a) above, per $1,000 interest. $0.000000000
(d) The amount of Class B Investor Losses set forth in
paragraph (b) above, per $1,000 interest. $0.000000000
(e) The total amount reimbursed to the Trust in the
current year pursuant to Section 4.04 (c) of the
Agreement, if any, in respect of Class A Investor
Losses. $0.00
(f) The total amount reimbursed to the Trust in the
current year pursuant to Section 4.04 (c) of the
Agreement, if any, in respect of Class B Investor
Losses. $0.00
(g) The amount set forth in paragraph (e) above, per
$1,000 interest. $0.000000000
(h) The amount set forth in paragraph (f) above, per
$1,000 interest. $0.000000000
(i) The aggregate amount of unreimbursed Class A
Investor Losses in the Trust as of the end of the
calendar year 1997. $0.00
(j) The aggregate amount of unreimbursed Class B
Investor Losses in the Trust as of the end of the
calendar year 1997. $0.00
(k) The amount set forth in paragraph (i) above, per
$1,000 interest. $0.000000000
(l) The amount set forth in paragraph (j) above, per
$1,000 interest. $0.000000000
3. Investor Servicing Fee
(a) The amount of the Class A Monthly Servicing Fee
payable by the Trust to the Servicer for the year
ended December 31, 1997. $9,854,417.14
(b) The amount of the Class B Monthly Servicing Fee
payable by the Trust to the Servicer for the year
ended December 31, 1997. $1,100,135.21
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4. Available Class B Credit Enhancement Amount
(a) The amount available to be drawn under the Class B
Credit Enhancement pursuant to Section 4.03 (c)
(i), (G) and (H) of the Agreement as of the end of
the day on December 31, 1997. $30,250,000.00
(b) The amount set forth in paragraph (a) above as a
percentage of the Class B Interest. 55.00%
5. The Pool Factor
The Pool Factor represents the ratio of the amount of the
Investor Interest as of the end ofthe day on December 31, 1997
to the amount of the Investor Interest as of the Closing
Date. The amount of a Certificateholder's pro-rata share of the
Investor Interest can be determined by multiplying the
original denomination of the Certificateholder's Certificate
by the Pool Factor.
(a) Class A Certificates. 0.500000000
(b) Class B Certificates. 1.000000000