<Page>
Exhibit 20.1
<Table>
CNH EQUIPMENT TRUST 2000-B
$107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
$353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
$244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
$231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
$42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
$22,500,000 7.14% Asset Backed Certificates
Please contact Kim Zier at (262) 636-6644 with any questions regarding
this report or email abs@cnh.com. For additional information consult
http://investors.cnh.com
300080 300081 300083 300181 5300080
-------------------------------------------------------------------------
Cutoff Date 11/30/2003
-------------------------------------------------------------------------
Date Added 8/31/2000 8/31/2000 8/31/2000 8/31/2000 8/31/2000
-------------------------------------------------------------------------
Pool PERIOD POOL 1 POOL 2 POOL 3 POOL 4 POOL 5
-------------------------------------------------------------------------
Scheduled Cashflows 0 474,920.73 1,417,744.20 220,354.50 52,000.00 1,997,414.53
1 473,937.47 1,272,794.00 145,250.37 19,460.05 1,930,610.20
2 470,393.41 1,023,153.29 169,856.49 0.00 1,597,864.13
3 358,022.56 889,058.05 188,211.84 0.00 1,500,422.48
4 421,409.73 898,325.30 110,518.42 0.00 1,384,026.73
5 407,890.97 1,208,739.30 88,661.61 0.00 1,983,038.24
6 369,212.45 1,648,887.42 130,356.46 0.00 2,946,305.32
7 421,370.37 2,590,152.47 82,501.46 0.00 3,737,870.59
8 1,123,548.39 1,635,483.48 97,493.61 0.00 2,749,929.91
9 1,215,545.08 488,425.48 85,706.43 0.00 2,253,836.13
10 395,620.53 551,505.10 68,684.70 0.00 1,002,651.68
11 296,688.42 363,075.73 60,360.63 0.00 1,133,532.94
12 273,247.97 517,510.64 68,404.50 0.00 1,157,030.56
13 294,910.61 767,615.12 96,837.35 0.00 1,562,458.43
14 234,520.19 496,421.45 99,594.17 0.00 1,103,934.95
15 158,527.19 327,462.29 70,356.45 0.00 1,045,220.17
16 201,546.38 419,181.66 63,509.39 0.00 942,839.58
17 184,823.22 538,235.83 25,880.39 0.00 1,324,736.72
18 138,460.63 759,918.16 50,828.43 0.00 1,898,858.77
19 172,609.76 1,451,127.72 68,757.19 0.00 2,340,114.05
20 633,588.80 788,918.39 33,534.65 0.00 1,480,213.92
21 629,057.60 112,739.87 2,182.44 0.00 1,064,999.47
22 146,676.78 88,471.17 512.00 0.00 109,029.82
23 99,662.44 35,037.95 512.00 0.00 106,942.73
24 22,496.70 99,291.26 14,705.26 0.00 79,002.60
25 84,846.68 108,089.96 0.00 0.00 164,962.31
26 12,940.32 8,621.85 0.00 0.00 45,755.03
27 846.94 794.14 0.00 0.00 39,480.80
28 0.00 794.14 0.00 0.00 34,108.56
29 0.00 44,960.42 0.00 0.00 36,757.17
30 0.00 794.14 0.00 0.00 77,486.68
31 0.00 38,775.33 0.00 0.00 128,881.26
32 80,004.67 0.00 27,509.63 0.00 7,677.25
33 0.00 0.00 0.00 0.00 0.00
34 0.00 0.00 0.00 0.00 0.00
35 44,977.88 0.00 0.00 0.00 0.00
36 0.00 1,433.07 0.00 0.00 0.00
37 65,135.86 0.00 0.00 0.00 0.00
38 0.00 0.00 0.00 0.00 0.00
39 0.00 0.00 0.00 0.00 1,759.59
40 0.00 0.00 0.00 0.00 0.00
41 0.00 0.00 0.00 0.00 0.00
42 0.00 0.00 0.00 0.00 0.00
43 0.00 0.00 0.00 0.00 0.00
44 0.00 0.00 0.00 0.00 0.00
45 0.00 0.00 0.00 0.00 0.00
46 0.00 0.00 0.00 0.00 0.00
47 0.00 0.00 0.00 0.00 0.00
48 0.00 1,433.07 0.00 0.00 0.00
49 0.00 0.00 0.00 0.00 0.00
50 0.00 0.00 0.00 0.00 0.00
51 0.00 0.00 0.00 0.00 0.00
52 0.00 0.00 0.00 0.00 0.00
53 0.00 0.00 0.00 0.00 0.00
54 0.00 0.00 0.00 0.00 0.00
55 0.00 0.00 0.00 0.00 0.00
56 0.00 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00 0.00
60 0.00 1,433.07 0.00 0.00 0.00
61 0.00 0.00 0.00 0.00 0.00
62 0.00 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00 0.00
72 0.00 1,433.07 0.00 0.00 0.00
73 0.00
74 0.00
75 0.00
76 0.00
77 0.00
78 2,270.23
Total Amount of Scheduled Cashflow TOTAL 9,907,440.73 20,600,107.82 2,071,080.37 71,460.05 38,969,753.30
Discount Rate 8.629% 8.629% 8.629% 8.629% 8.629%
Beginning Contract Value 9,865,551.45 20,623,764.35 2,100,307.59 71,183.17 37,884,558.05
Scheduled Contract Value Decline 824,424.38 2,134,092.62 304,848.04 51,862.06 3,075,091.17
Unscheduled Contract Value Decline (158,487.81) (847,607.45) (163,726.65) (52,000.00) (1,510,578.81)
Additional Contract Value Added 0.00 0.00 0.00 0.00 0.00
Ending Contract Value 9,199,614.88 19,337,279.19 1,959,186.19 71,321.12 36,320,045.70
=====================================================================================================================
300090 5300084 300085 300086 300087
--------------------------------------------------------------------------------
Cutoff Date 11/30/2003
--------------------------------------------------------------------------------
Date Added 9/30/2000 10/31/2000 11/30/2000 11/30/2000 11/30/2000
--------------------------------------------------------------------------------
Pool PERIOD POOL 6 POOL 7 POOL 8 POOL 9 POOL 10
--------------------------------------------------------------------------------
Scheduled Cashflows 0 377,939.15 541,542.84 1,958,025.28 108,444.49 0.00
1 321,875.22 269,786.01 1,710,117.14 8,125.68 0.00
2 315,309.35 209,994.92 1,145,108.09 0.00 0.00
3 306,692.33 263,088.41 812,479.58 0.00 0.00
4 343,762.75 205,616.89 1,064,829.89 11,704.74 0.00
5 289,325.88 239,369.03 973,115.87 14,401.62 0.00
6 302,544.65 184,232.91 889,656.22 0.00 0.00
7 303,657.59 188,537.34 828,654.58 0.00 0.00
8 354,190.27 202,341.67 875,804.44 0.00 0.00
9 776,007.47 233,095.49 1,310,874.23 0.00 0.00
10 1,201,002.98 673,969.91 3,237,721.31 0.00 0.00
11 246,016.06 954,157.92 2,690,344.49 0.00 0.00
12 243,524.30 191,380.97 2,245,797.26 0.00 0.00
13 269,088.42 227,125.38 1,344,897.59 0.00 0.00
14 231,544.20 144,556.14 548,580.46 0.00 0.00
15 223,433.76 138,873.32 379,380.82 0.00 0.00
16 230,317.18 139,763.64 511,233.97 0.00 0.00
17 195,050.04 159,930.72 398,035.99 0.00 0.00
18 202,967.71 122,595.16 387,481.43 0.00 0.00
19 195,652.50 121,653.53 329,151.46 0.00 0.00
20 247,969.70 125,895.45 415,221.77 0.00 0.00
21 579,780.39 164,690.68 689,809.89 0.00 0.00
22 741,829.41 406,352.63 1,968,549.61 0.00 0.00
23 26,986.37 631,143.65 1,505,379.63 0.00 0.00
24 13,908.13 69,900.41 1,064,460.66 0.00 0.00
25 3,776.69 71,646.95 556,002.15 3,714.71 0.00
26 24,866.78 13,941.81 72,244.25 0.00 0.00
27 14,821.78 13,006.17 31,267.81 0.00 0.00
28 2,522.98 13,006.17 20,096.20 0.00 0.00
29 2,301.19 13,006.17 33,739.45 0.00 0.00
30 2,301.19 13,006.17 30,504.53 0.00 0.00
31 2,062.39 13,006.17 5,357.06 0.00 0.00
32 38,013.04 28,842.90 816.83 0.00 0.00
33 12,336.73 58,032.05 61,105.01 0.00 0.00
34 0.00 8,464.82 23,536.64 0.00 0.00
35 0.00 53,579.08 26,969.01 0.00 0.00
36 0.00 25,061.19 57,960.91 0.00 0.00
37 0.00 27,784.83 10,251.56 0.00 0.00
38 0.00 0.00 1,555.34 0.00 0.00
39 0.00 0.00 8,998.03 0.00 0.00
40 0.00 0.00 0.00 14,454.04 0.00
41 0.00 0.00 0.00 0.00 0.00
42 0.00 0.00 0.00 0.00 0.00
43 0.00 0.00 4,540.23 0.00 0.00
44 0.00 0.00 0.00 0.00 0.00
45 0.00 0.00 0.00 0.00 0.00
46 0.00 0.00 0.00 0.00 0.00
47 0.00 0.00 0.00 0.00 0.00
48 0.00 0.00 0.00 0.00 0.00
49 0.00 0.00 6,654.95 0.00 0.00
50 0.00 0.00 0.00 0.00 0.00
51 0.00 0.00 0.00 0.00 0.00
52 0.00 0.00 0.00 0.00 0.00
53 0.00 0.00 0.00 0.00 0.00
54 0.00 0.00 0.00 0.00 0.00
55 0.00 0.00 4,540.23 0.00 0.00
56 0.00 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00 0.00
60 0.00 0.00 0.00 0.00 0.00
61 0.00 0.00 6,654.95 0.00 0.00
62 0.00 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00 0.00
67 0.00 0.00 28,923.21 0.00 0.00
68 0.00 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00 0.00
72 0.00 0.00 0.00 0.00 0.00
73 2,114.72
74 0.00
75 0.00
76 0.00
77 0.00
78 6,057.84
Total Amount of Scheduled Cashflow 8,643,378.58 7,161,979.50 30,284,602.57 160,845.28 0.00
Discount Rate 8.578% 8.423% 8.986% 8.986% 8.986%
Beginning Contract Value 8,329,457.39 6,995,815.83 31,268,362.07 178,290.73 0.00
Scheduled Contract Value Decline 641,786.32 805,431.96 4,525,968.76 130,651.99 0.00
Unscheduled Contract Value Decline (294,933.90) (394,274.00) (1,093,597.98) (107,913.38) 0.00
Additional Contract Value Added 0.00 0.00 0.00 0.00 0.00
Ending Contract Value 7,982,604.97 6,584,657.87 27,835,991.29 155,552.12 0.00
==============================================================================================================
5300085 300088 5300088
---------------------------------------------------------------
Cutoff Date 11/30/2003
---------------------------------------------------------------
Date Added 11/30/2000 12/31/2000 12/31/2000 12/31/2000
---------------------------------------------------------------
Pool PERIOD POOL 11 POOL 12 POOL 13 POOL 14
---------------------------------------------------------------
Scheduled Cashflows 0 438,851.53 329,609.59 394,551.62 0.00
1 149,746.73 1,543,479.42 402,670.24 0.00
2 180,177.92 210,718.35 113,980.51 0.00
3 143,337.33 158,612.30 95,147.93 0.00
4 140,857.86 103,474.66 89,576.94 0.00
5 151,257.55 112,625.84 108,629.35 0.00
6 165,524.49 115,109.30 115,656.06 0.00
7 141,141.48 128,291.02 126,557.21 0.00
8 148,313.57 139,404.77 133,131.20 0.00
9 145,333.15 128,017.11 123,027.23 0.00
10 140,204.23 142,015.53 109,477.91 0.00
11 645,992.63 133,364.12 120,033.99 0.00
12 803,017.32 476,261.38 623,376.18 0.00
13 125,315.01 1,144,175.29 303,092.20 0.00
14 137,944.37 104,973.45 87,351.73 0.00
15 100,088.26 91,308.76 60,517.27 0.00
16 96,425.59 49,185.32 57,392.34 0.00
17 102,850.45 58,524.22 74,358.98 0.00
18 114,014.23 56,796.85 66,308.53 0.00
19 96,272.05 55,955.39 90,760.54 0.00
20 100,915.10 65,987.36 90,228.45 0.00
21 98,820.51 71,589.17 85,565.92 0.00
22 93,174.04 80,906.68 76,523.83 0.00
23 482,059.99 55,734.79 66,360.87 0.00
24 604,956.86 347,360.01 478,673.93 0.00
25 24,791.36 707,370.63 201,991.44 0.00
26 40,213.40 25,631.12 4,474.95 0.00
27 12,064.62 20,717.25 1,033.09 0.00
28 15,104.14 0.00 1,033.09 0.00
29 8,131.72 0.00 1,033.09 0.00
30 7,116.44 0.00 1,033.09 0.00
31 7,116.44 0.00 1,033.09 0.00
32 7,099.96 0.00 1,033.09 0.00
33 6,756.57 0.00 1,033.09 0.00
34 6,756.57 0.00 1,033.09 0.00
35 20,943.29 0.00 1,006.11 0.00
36 19,222.35 17,531.02 41,295.67 0.00
37 0.00 147,678.81 17,790.80 0.00
38 0.00 0.00 0.00 0.00
39 0.00 0.00 0.00 0.00
40 0.00 0.00 0.00 0.00
41 0.00 0.00 0.00 0.00
42 0.00 0.00 0.00 0.00
43 0.00 0.00 0.00 0.00
44 0.00 0.00 0.00 0.00
45 0.00 0.00 0.00 0.00
46 0.00 0.00 0.00 0.00
47 0.00 0.00 0.00 0.00
48 0.00 0.00 0.00 0.00
49 0.00 0.00 0.00 0.00
50 0.00 0.00 0.00 0.00
51 0.00 0.00 0.00 0.00
52 0.00 0.00 0.00 0.00
53 0.00 0.00 0.00 0.00
54 0.00 0.00 0.00 0.00
55 0.00 0.00 0.00 0.00
56 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00
60 0.00 0.00 0.00 0.00
61 0.00 0.00 0.00 0.00
62 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00
72 0.00 0.00 0.00 0.00
73
74
75
76
77
78
Total Amount of Scheduled Cashflow 5,721,909.11 6,822,409.51 4,367,774.65 0.00
Discount Rate 8.986% 8.923% 8.923% 0.000%
Beginning Contract Value 6,094,771.63 7,071,001.15 4,485,137.21 0.00
Scheduled Contract Value Decline 1,277,717.92 815,039.52 828,358.26 0.00
Unscheduled Contract Value Decline (387,732.97) (36,403.63) (346,826.55) 0.00
Additional Contract Value Added 0.00 0.00 0.00 0.00
Ending Contract Value 5,204,786.68 6,292,365.25 4,003,605.50 0.00
====================================================================================================
Page 1
<Page>
CNH EQUIPMENT TRUST 2000-B
$107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
$353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
$244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
$231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
$42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
$22,500,000 7.14% Asset Backed Certificates
Scheduled Payment Date 9/21/2000 12/15/2003
Actual Payment Date 9/21/2000 12/15/2003
Collection Period Begin Date 11/1/2003
Collection Period End Date 11/30/2003
Days in accrual period (30/360) 30
Days in accrual period (act/360) 28
COLLATERAL SUMMARY
Wtd. Average Discount Rate 8.734%
Beginning Contract Value 134,968,200.61
Scheduled Contract Value Decline 15,415,272.99
Unscheduled Contract Value Decline (5,394,083.13)
Additional Contract Value Purchased 0.00
Ending Contract Value 124,947,010.75
Beginning Pre-funding Account Balance 0.00
Ending Pre-funding Account Balance 0.00
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 134,968,200.61
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 124,947,010.75
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $1,129,872.35 0.90%
Scheduled Amounts 60 days or more past due $3,138,538.83 2.51%
Net Losses on Liquidated Receivables $286,746.44 0.23%
Cumulative Net Losses $12,766,745.15
Number of Loans at Beginning of Period 13,126
Number of Loans at End of Period 12,476
Repossessed Equipment not Sold or Reassigned (Beginning) $772,212.13
Repossessed Equipment not Sold or Reassigned (End) $869,019.22
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $10,727,107.93
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 $10,727,107.93
Reinvestment Income (excluding Pre-funding Account) $24,221.83
Reinvestment Income on Pre-funding Account) $0.00
Total Collections + Reinvestment Income For The Period $10,751,329.76
================================================================= ==========================================================
Page 2
<Page>
CNH EQUIPMENT TRUST 2000-B
$107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
$353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
$244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
$231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
$42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
$22,500,000 7.14% Asset Backed Certificates
Actual Payment Date 12/15/2003
CALCULATION OF DISTRIBUTABLE AMOUNTS
Current Servicing Fee Due 1.000% $112,473.50
Past Due Servicing Fee $2,738,615.36
Total Servicing Fee Due $2,851,088.86
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) $134,968,200.61
A-1 notes Beginning Principal balance $0.00
A-2 notes Beginning Principal balance $0.00
A-3 notes Beginning Principal balance $0.00
A-4 notes Beginning Principal balance $106,732,052.09
B notes Beginning Principal balance $5,736,148.52
Certificate Beginning Principal balance $22,500,000.00
A-1 notes Current Interest Due 6.660% act/360 $0.00
A-2 notes Current Interest Due 6.870% 30/360 $0.00
A-3 notes Current Interest Due 6.880% 30/360 $0.00
A-4 notes Current Interest Due 6.950% 30/360 $618,156.47
B notes Current Interest Due 7.140% 30/360 $34,130.08
Certificate Current Interest Due 7.140% 30/360 $133,875.00
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
Certificate 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
Certificate 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 $0.00
A-4 notes Total Interest Due $618,156.47
B notes Total Interest Due $34,130.08
Certificate Total Interest Due $133,875.00
A-1 notes Principal Due $0.00
A-2 notes Principal Due $0.00
A-3 notes Principal Due $0.00
A-4 notes Principal Due $9,595,289.29
Class B notes Principal Due $425,900.57
Certificate Principal Due $0.00
Total notes Interest Due $652,286.55
Total notes Principal Due $10,021,189.86
Total notes Distributable Amount $10,673,476.41
================================================================= =========================================================
Page 3
<Page>
CNH Equipment Trust 2000-B
$107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
$353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
$244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
$231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
$42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
$22,500,000 7.14% Asset Backed Certificates
Actual Payment Date 12/15/2003
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $10,751,329.76
Beginning Negitive Carry Account $0.00
Deposits from Negitive Carry Account to Distribution Account $0.00
Beginning Spread Account Balance $20,000,000.28
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
Total Cash Available $10,751,329.76
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
$10,751,329.76
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$10,751,163.09
Class A-1 notes Interest Paid $0.00
Class A-2 notes Interest Paid $0.00
Class A-3 notes Interest Paid $0.00
Class A-4 notes Interest Paid $618,156.47
$10,133,006.62
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
Class B notes Interest Paid $34,130.08
Class B notes Interest Shortfall $0.00
$10,098,876.54
Class A-1 notes Principal Paid $0.00
Class A-2 notes Principal Paid $0.00
Class A-3 notes Principal Paid $0.00
Class A-4 notes Principal Paid $9,595,289.29
Class B notes Principal Paid $425,900.57
$77,686.68
Deposits to Spread Account $0.00
$77,686.68
Certificate Interest Paid $77,686.68
Certificate Interest Shortfall $56,188.32
$0.00
Certificate Principal Paid $0.00
$0.00
Total Principal Balance of Notes and Certificates (End of Period) $124,947,010.75
A-1 notes Ending Principal balance $0.00
A-2 notes Ending Principal balance $0.00
A-3 notes Ending Principal balance $0.00
A-4 notes Ending Principal balance $97,136,762.80
B notes Ending Principal balance $5,310,247.95
Certificate Ending Principal balance $22,500,000.00
Servicing Fee Paid (If CNH is the servicer) $0.00
Servicing Fee Shortfall $2,851,088.86
Release to Seller as Excess $0.00 $0.00
================================================================= =========================================================
Page 4
<Page>
CNH EQUIPMENT TRUST 2000-B
$107,000,000 Class A-1 6.66% Asset Backed Notes due October 12, 2001
$353,000,000 Class A-2 6.87% Asset Backed Notes due February 16, 2004
$244,000,000 Class A-3 6.88% Asset Backed Notes due March 15, 2005
$231,000,000 Class A-4 6.95% Asset Backed Notes due September 17, 2007
$42,500,000 Class B 7.14% Asset Backed Notes due September 17, 2007
$22,500,000 7.14% Asset Backed Certificates
Actual Payment Date 12/15/2003
SUMMARY AND FACTORS AMOUNT FACTOR PER/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period)$134,968,200.61 0.1349682 $134.97
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 $0.00 0.0000000 $0.00
A-4 notes Beginning Principal balance $106,732,052.09 0.4620435 $462.04
B notes Beginning Principal balance $5,736,148.52 0.1349682 $134.97
Certificate Beginning Principal balance $22,500,000.00 1.0000000 $1,000.00
Total Principal Balance of Notes and Certificates (End of Period) $124,947,010.75 0.1249470 $124.95
A-1 notes Ending Principal balance $107,000,000.00 $0.00 0.0000000 $0.00
A-2 notes Ending Principal balance $353,000,000.00 $0.00 0.0000000 $0.00
A-3 notes Ending Principal balance $244,000,000.00 $0.00 0.0000000 $0.00
A-4 notes Ending Principal balance $231,000,000.00 93.50% $97,136,762.80 0.4205055 $420.51
B notes Ending Principal balance $42,500,000.00 4.25% $5,310,247.95 0.1249470 $124.95
Certificate Ending Principal balance $22,500,000.00 2.25% $22,500,000.00 1.0000000 $1,000.00
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 $0.00 0.0000000 $0.00
Class A-4 notes Interest Paid $618,156.47 0.0026760 $2.68
Class B notes Interest Paid $34,130.08 0.0008031 $0.80
Certificate Interest Paid $77,686.68 0.0034527 $3.45
Class A-1 notes Interest Shortfall $0.00 0.0000000 $0.00
Class A21 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
Certificate Interest Shortfall $56,188.32 0.0024973 $2.50
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 $0.00 0.0000000 $0.00
Class A-4 notes Principal Paid $9,595,289.29 0.0415380 $41.54
Class B notes Principal Paid $425,900.57 0.0100212 $10.02
Certificate Principal Paid $0.00 0.0000000 $0.00
NEGATIVE CARRY ACCOUNT
Negative Carry 3.657%
Negative Carry Days Remaining 3/15/2001 0
Required Negative Carry Account $0.00
Beginning Negative Carry Account $0.00
Negative Carry Account Withdrawls 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 2.00% $20,000,000.28
Beginning Spread Account Balance $20,000,000.28
Additional Deposit to Spread Account from Pre-funding $0.00
Spread Account Withdrawls to Distribution Account $0.00
Spread Account Deposits from Excess Cash $0.00
Spread Account Released to Seller $0.00
Ending Spread Account Balance $20,000,000.28
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 Withdrawls 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
Ending Pre-funding Account Balance $0.00
Release to seller $0.00
Total Release to Seller $166.67
</Table>
Page 5
<Page>
<Table>
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Please contact Kim Zier at 262-636-6644 with any questions regarding this report or e-mail
abs@cnh.com. For additional information consult http://investors.cnh.com. 101050 101051
----------------------------------
----------------------------------
Cutoff Date 11/30/2003
----------------------------------
----------------------------------
Date Added 4/30/2001 4/30/2001
----------------------------------
----------------------------------
Pool PERIOD POOL 1 POOL 2
----------------------------------
----------------------------------
Scheduled Cashflows 0 412,670.79 1,575,378.54
1 847,714.12 4,397,889.86
2 701,981.49 4,816,192.68
3 699,134.54 4,640,381.59
4 1,676,982.28 3,882,248.22
5 3,587,559.55 1,290,310.78
6 533,517.51 1,458,236.77
7 403,903.77 1,173,913.77
8 386,509.82 1,234,666.64
9 434,594.43 1,214,086.99
10 432,760.11 1,157,709.57
11 452,930.06 1,140,578.85
12 417,720.93 1,720,801.53
13 622,080.57 3,037,610.72
14 449,291.88 2,981,921.95
15 503,796.22 2,798,253.20
16 986,514.18 2,235,878.75
17 2,117,863.67 655,053.84
18 258,053.81 561,255.40
19 196,749.00 590,175.43
20 167,691.75 620,545.73
21 194,112.50 615,310.35
22 204,389.59 587,668.48
23 214,855.44 504,364.70
24 177,649.36 896,581.48
25 299,978.12 1,672,502.96
26 207,074.48 1,763,435.79
27 235,819.93 1,311,362.53
28 534,767.60 872,884.12
29 1,097,779.17 95,759.65
30 65,247.53 20,804.97
31 19,731.22 17,025.12
32 13,704.67 54,905.36
33 23,846.86 1,905.43
34 3,259.68 22,576.10
35 2,371.41 1,905.43
36 17,595.69 12,480.58
37 38,176.52 71,881.09
38 2,371.41 16,434.03
39 35,707.18 32,238.68
40 30,776.61 38,060.07
41 14,249.31 385.86
42 0.00 0.00
43 0.00 0.00
44 0.00 13,892.72
45 0.00 0.00
46 0.00 0.00
47 0.00 0.00
48 0.00 0.00
49 3,702.67 9,408.63
50 0.00 0.00
51 0.00 0.00
52 0.00 0.00
53 0.00 0.00
54 0.00 0.00
55 0.00 0.00
56 0.00 0.00
57 0.00 0.00
58 0.00 0.00
59 0.00 0.00
60 0.00 0.00
61 3,702.67 9,408.63
62 0.00 0.00
63 0.00 0.00
64 0.00 0.00
65 0.00 0.00
66 0.00 0.00
67 0.00 0.00
68 0.00 0.00
69 0.00 0.00
70 0.00 0.00
71 0.00 0.00
72 0.00 0.00
73 3,702.67 9,408.63
74 0.00 0.00
75 0.00 0.00
76 0.00 0.00
77 0.00 0.00
78 6,491.69 22,631.08
Total Amount of Scheduled Cashflow TOTAL 19,741,084.46 51,858,313.28
Discount Rate 8.351% 8.351%
Beginning Contract Value 18,907,666.63 51,153,391.80
Scheduled Contract Value Decline 801,025.49 3,221,489.61
Unscheduled Contract Value Decline (97,675.29) (271,769.24)
Additional Contract Value Added 0.00 0.00
Ending Contract Value 18,204,316.44 48,203,671.44
===================================================================================================================================
5101050 5101051 101053 5101053 101054 5101054
--------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------
4/30/2001 4/30/2001 5/31/2001 5/31/2001 6/30/2001 6/30/2001
--------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------
Pool PERIOD POOL 3 POOL 4 POOL 5 POOL 6 POOL 7 POOL 8
--------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------
Scheduled Cashflows 0 638,873.95 1,725,741.20 568,925.17 756,843.76 367,520.36 757,535.49
1 544,191.81 2,776,044.51 889,211.24 777,324.61 890,960.12 1,006,246.38
2 509,173.49 2,902,669.84 605,438.73 745,803.29 595,805.76 792,878.77
3 532,169.03 2,754,251.22 617,866.68 713,381.12 455,818.56 726,609.31
4 1,427,819.08 2,138,795.28 654,011.02 707,028.27 470,720.33 778,687.15
5 1,532,337.82 1,119,729.35 2,532,129.61 2,100,819.21 683,399.66 715,935.55
6 419,860.00 1,210,925.12 3,357,149.34 2,427,183.26 1,462,139.15 2,119,450.61
7 428,268.58 1,219,011.44 536,081.94 577,694.83 3,108,298.13 2,502,497.01
8 414,404.41 1,236,730.26 453,799.34 586,558.08 564,264.22 600,396.01
9 405,888.72 1,245,598.39 435,151.82 589,396.39 457,259.53 610,343.52
10 471,554.01 1,287,962.58 490,491.33 610,083.96 440,026.63 689,028.21
11 484,381.62 1,309,893.54 444,541.26 712,235.42 419,141.61 617,748.59
12 416,408.16 1,746,015.83 556,163.17 772,288.95 396,282.59 773,818.26
13 434,751.96 2,295,528.83 729,722.88 708,039.55 700,098.61 837,641.28
14 396,749.05 2,216,943.29 448,230.14 585,808.27 457,412.67 644,476.20
15 392,086.78 2,031,087.36 450,260.38 568,025.05 343,840.13 540,750.24
16 990,107.29 1,503,742.70 522,050.31 569,870.59 363,256.49 602,527.96
17 1,154,871.85 655,793.29 1,664,693.41 1,527,380.55 540,850.36 552,831.04
18 272,675.08 727,070.00 2,090,550.17 1,674,505.71 1,008,789.73 1,529,322.41
19 279,512.83 734,029.45 302,035.94 405,328.86 1,978,111.74 1,794,462.12
20 251,224.09 736,628.33 276,901.16 413,089.82 358,666.68 429,172.01
21 252,501.67 763,163.21 260,782.15 409,494.34 304,536.63 434,188.09
22 287,894.49 728,552.98 278,924.59 421,989.37 278,744.45 527,396.23
23 315,379.66 782,457.19 277,242.81 510,920.55 282,229.31 439,806.06
24 263,503.72 1,092,222.15 306,034.47 524,535.11 233,849.46 538,374.25
25 273,465.83 1,266,730.54 426,996.99 463,727.60 418,531.84 622,105.35
26 235,102.81 1,290,484.46 266,287.03 383,161.03 249,621.72 467,020.36
27 247,600.90 1,071,333.04 258,817.49 375,874.00 211,896.71 368,190.75
28 612,514.61 704,127.41 246,671.49 354,001.13 214,752.33 430,661.15
29 738,442.70 42,604.05 966,762.50 1,057,267.61 328,597.77 357,804.81
30 32,125.94 41,786.95 1,235,212.19 1,074,236.71 656,620.28 1,007,225.54
31 28,927.61 78,207.61 64,810.60 47,654.08 1,320,677.76 1,092,819.05
32 15,589.68 40,298.10 17,570.47 60,402.52 149,978.76 38,972.41
33 22,241.24 114,517.86 20,909.14 52,900.15 72,209.13 41,847.56
34 21,710.43 37,061.39 14,703.10 47,660.86 54,188.46 48,547.43
35 49,052.49 93,095.51 16,486.85 48,878.69 3,708.18 28,951.34
36 10,315.38 85,137.32 32,212.16 64,612.48 36,202.30 64,026.85
37 10,315.38 106,431.76 9,054.48 72,088.59 23,730.48 76,982.01
38 10,251.70 126,243.66 1,503.23 39,890.73 24,571.16 87,220.30
39 9,939.96 44,594.59 1,503.23 31,421.09 567.32 26,998.14
40 18,076.56 17,226.38 1,503.23 30,982.07 567.32 37,357.47
41 49,573.16 532.82 1,503.23 36,603.92 385.41 25,093.11
42 0.00 282.69 18,347.25 71,484.20 11,422.05 98,925.67
43 0.00 0.00 0.00 170.37 10,446.75 210,999.02
44 0.00 9,548.00 0.00 7,413.96 0.00 466.69
45 11,509.13 0.00 0.00 0.00 0.00 466.69
46 0.00 0.00 0.00 0.00 0.00 1,364.46
47 30,033.04 2,641.24 0.00 0.00 0.00 0.00
48 0.00 0.00 0.00 0.00 0.00 0.00
49 0.00 0.00 3,079.16 0.00 0.00 0.00
50 0.00 0.00 0.00 0.00 0.00 0.00
51 0.00 0.00 0.00 0.00 0.00 0.00
52 0.00 0.00 0.00 0.00 0.00 0.00
53 0.00 0.00 0.00 0.00 0.00 0.00
54 0.00 0.00 0.00 0.00 0.00 0.00
55 0.00 0.00 0.00 0.00 0.00 0.00
56 0.00 0.00 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00 0.00 0.00
59 0.00 2,641.24 0.00 0.00 0.00 0.00
60 0.00 0.00 0.00 0.00 0.00 0.00
61 0.00 0.00 3,079.16 0.00 0.00 0.00
62 0.00 0.00 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00 0.00 0.00
71 0.00 5,699.69 0.00 0.00 0.00 0.00
72 0.00 0.00 0.00 0.00 0.00 0.00
73 0.00 0.00 3,079.16 0.00 0.00 0.00
74 0.00 0.00 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00 0.00 0.00
77 0.00 0.00 0.00 0.00 0.00 0.00
78 0.00 0.00 907.24 0.00 0.00 0.00
15,943,377.70 42,121,813.65 23,359,388.44 24,716,060.71 20,950,698.64 26,696,168.91
8.351% 8.351% 7.404% 7.404% 7.266% 7.266%
15,220,351.26 40,871,232.07 22,513,845.58 23,871,547.39 19,955,376.38 25,565,341.55
987,202.87 3,144,044.44 1,012,583.85 1,430,761.40 711,193.08 1,330,699.88
(367,122.66) (1,110,416.91) (91,020.30) (276,310.81) (19,140.75) (247,086.53)
0.00 0.00 0.00 0.00 0.00 0.00
14,600,271.05 38,837,604.53 21,592,282.02 22,717,096.80 19,263,324.06 24,481,728.20
===================================================================================================================================
101055 5101055
------------------------------
------------------------------
------------------------------
------------------------------
7/30/2001 7/30/2001
------------------------------
------------------------------
Pool PERIOD POOL 9 POOL 10
------------------------------
------------------------------
Scheduled Cashflows 0 188,228.69 180,200.48
1 353,940.63 190,505.20
2 237,380.50 150,637.26
3 337,741.90 157,827.20
4 625,686.93 242,297.19
5 446,815.19 168,642.41
6 246,575.87 120,121.63
7 726,851.67 499,818.49
8 719,043.21 289,876.41
9 173,183.86 95,576.69
10 270,527.71 103,619.37
11 167,104.64 102,466.23
12 170,433.07 132,181.96
13 312,763.78 171,787.50
14 202,562.73 125,933.41
15 305,442.83 128,830.84
16 562,060.18 221,269.54
17 414,685.69 156,249.53
18 204,416.48 95,362.97
19 615,203.11 419,765.36
20 528,539.01 195,771.15
21 112,627.72 73,972.17
22 199,061.09 80,965.30
23 112,850.59 76,194.71
24 114,682.56 112,463.69
25 242,839.96 140,199.03
26 121,446.05 87,130.25
27 290,210.84 95,615.97
28 496,919.21 183,645.31
29 349,487.21 113,692.92
30 108,077.10 71,483.10
31 494,803.46 311,220.09
32 384,380.85 94,241.85
33 6,279.53 14,352.30
34 96,155.64 14,042.65
35 781.39 15,680.00
36 9,052.39 12,873.35
37 0.00 31,020.25
38 0.00 12,433.73
39 0.00 5,024.67
40 0.00 5,024.67
41 0.00 5,024.67
42 0.00 5,024.67
43 0.00 78,841.94
44 17,091.91 4,738.43
45 0.00 0.00
46 0.00 0.00
47 0.00 0.00
48 0.00 0.00
49 0.00 0.00
50 0.00 0.00
51 0.00 0.00
52 0.00 0.00
53 0.00 0.00
54 0.00 0.00
55 0.00 0.00
56 0.00 0.00
57 0.00 0.00
58 0.00 0.00
59 0.00 0.00
60 0.00 0.00
61 0.00 0.00
62 0.00 0.00
63 0.00 0.00
64 0.00 0.00
65 0.00 0.00
66 0.00 0.00
67 0.00 0.00
68 0.00 0.00
69 0.00 0.00
70 0.00 0.00
71 0.00 0.00
72 0.00 0.00
73 0.00 0.00
74 0.00 0.00
75 0.00 0.00
76 0.00 0.00
77 0.00 0.00
78 0.00 0.00
10,965,935.18 5,593,646.54
7.844% 7.844%
10,178,203.91 5,211,605.95
285,051.44 285,346.83
(44,109.52) (139,621.28)
0.00 0.00
9,937,261.99 5,065,880.40
===================================================================================================================================
Page 1
<Page>
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Settlement Date
Scheduled Payment Date 6/15/2001 12/15/2003
Actual Payment Date 6/15/2001 12/15/2003
Collection Period Begin Date 11/1/2003
Collection Period End Date 11/30/2003
Days in accrual period (30/360) 30
Days in accrual period (act/360) 28
1 month LIBOR Rate 0.0000%
COLLATERAL SUMMARY
Wtd. Average Discount Rate 7.916%
Beginning Contract Value 233,448,562.53
Scheduled Contract Value Decline 13,209,398.89
Unscheduled Contract Value Decline (2,664,273.30)
Additional Contract Value Purchased 0.00
Ending Contract Value 222,903,436.94
Beginning Pre-funding Account Balance 0.00
Ending Pre-funding Account Balance 0.00
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 233,448,562.53
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 222,903,436.94
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $699,033.59 0.31%
Scheduled Amounts 60 days or more past due $2,290,218.57 1.03%
Net Losses on Liquidated Receivables $378,111.82 0.17%
Cumulative Net Losses $7,651,677.16
Number of Loans at Beginning of Period 20,707
Number of Loans at End of Period 20,097
Repossessed Equipment not Sold or Reassigned (Beginning) $1,163,513.99
Repossessed Equipment not Sold or Reassigned (End) $1,030,717.27
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $11,884,375.97
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 $11,884,375.97
Reinvestment Income (excluding Pre-funding Account) $22,173.25
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 $11,906,549.22
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
===================================================================================================================================
===================================================================================================================================
Page 2
<Page>
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Actual Payment Date 12/15/2003
CACLULATION OF DISTRIBUTABLE AMOUNTS
Current Servicing Fee Due 1.000% $194,540.47
Past Due Servicing Fee $0.00
Total Servicing Fee Due $194,540.47
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) $233,448,562.53
A-1 notes Beginning Principal balance $0.00
A-2 notes Beginning Principal balance $0.00
A-3 notes Beginning Principal balance $0.00
A-4 notes Beginning Principal balance $203,276,998.62
B notes Beginning Principal balance $9,921,563.91
Certificate Beginning Principal balance $20,250,000.00
A-1 notes Current Interest Due 4.035% act/360 $0.00
Class A-2 Current Interest Due
1 Month LIBOR Rate 0.00000%
Spread for Note 0.11000%
--------
Floating Rate Yield 0.11000% ACT/360
Class A-2 Current Interest Due $0.00
Class A-2 Swap float Rate receipt due $0.00
Class A-2 Swap fixed Rate payment due 4.162% 30/360 $0.00
Class A-2 Net Swap receipt 0.00
Class A-2 Past due Net Swap payment 0.00
Interest on Class A-2 Past due Net Swap payment 0.00
Class A-2 Net Swap payment 0.00
Class A-3 Current Interest Due
1 Month LIBOR Rate 0.00000%
Spread for Note 0.17000%
--------
Floating Rate Yield 0.17000% ACT/360
Class A-3 Current Interest Due $0.00
Class A-3 Swap float Rate receipt due $0.00
Class A-3 Swap fixed Rate payment due 4.580% 30/360 $0.00
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 0.00
Net Swap Payments Due 0.00
A-4 notes Current Interest Due 5.380% 30/360 $911,358.54
B notes Current Interest Due 5.730% 30/360 $47,375.47
Certificate Current Interest Due 5.730% 30/360 $96,693.75
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
Certificate 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
Certificate 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 $0.00
A-4 notes Total Interest Due $911,358.54
B notes Total Interest Due $47,375.47
Certificate Total Interest Due $96,693.75
A-1 notes Principal Due $0.00
A-2 notes Principal Due $0.00
A-3 notes Principal Due $0.00
A-4 notes Principal Due $10,096,957.75
Class B notes Principal Due $448,167.84
Certificate Principal Due $0.00
Total notes Interest Due $958,734.01
Total notes Principal Due $10,545,125.59
Net Swap/Termination Payment Due $0.00
Total notes Distributable Amount $11,503,859.60
===================================================================================================================================
===================================================================================================================================
Page 3
<Page>
CNH Equipment Trust 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Actual Payment Date 12/15/2003
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $11,906,549.22
Beginning Negitive Carry Account $0.00
Deposits from Negitive Carry Account to Distribution Account $0.00
Beginning Spread Account Balance $18,000,045.50
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
Total Cash Available $11,906,549.22
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
$11,906,549.22
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$11,906,382.55
Net Swap Payment Paid $0.00
Net Swap Payment Shortfall $0.00
Remaining Cash Available to Pay Note Interest & Swap Termination Payment $11,906,382.55
Cash Available to Pay Note Interest $11,906,382.55
Cash Available to Pay 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 $0.00
Class A-4 notes Interest Paid $911,358.54
$10,995,024.01
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
Swap Termination Payment Paid $0.00
Swap Termination Payment Shortfall $0.00
$10,995,024.01
Class B notes Interest Paid $47,375.47
Class B notes Interest Shortfall $0.00
$10,947,648.54
Class A-1 notes Principal Paid $0.00
Class A-2 notes Principal Paid $0.00
Class A-3 notes Principal Paid $0.00
Class A-4 notes Principal Paid $10,096,957.75
Class B notes Principal Paid $448,167.84
$402,522.95
Deposits to Spread Account $0.00
$402,522.95
Certificate Interest Paid $96,693.75
Certificate Interest Shortfall $0.00
$305,829.20
Certificate Principal Paid $0.00
$305,829.20
Total Principal Balance of Notes and Certificates (End of Period) $222,903,436.94
A-1 notes Ending Principal balance $0.00
A-2 notes Ending Principal balance $0.00
A-3 notes Ending Principal balance $0.00
A-4 notes Ending Principal balance $193,180,040.87
B notes Ending Principal balance $9,473,396.07
Certificate Ending Principal balance $20,250,000.00
Servicing Fee Paid (If CNH is the servicer) $194,540.47
Servicing Fee Shortfall $0.00
Release to Seller as Excess $111,288.73 $111,288.73
===================================================================================================================================
===================================================================================================================================
Page 4
<Page>
CNH EQUIPMENT TRUST 2001-A
$135,750,000 Class A-1 4.035% Asset Backed Notes due May 15, 2002
$273,000,000 Class A-2 4.162% Asset Backed Notes due September 15, 2004
$212,000,000 Class A-3 4.580% Asset Backed Notes due November 15, 2005
$220,750,000 Class A-4 5.380% Asset Backed Notes due August 15, 2007
$38,250,000 Class B 5.730% Asset Backed Notes due May 15, 2008
$20,250,000 5.730% Asset Backed Certificates
Actual Payment Date 12/15/2003
SUMMARY AND FACTORS AMOUNT FACTOR PER/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period) $233,448,562.53 0.2593873 $259.39
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 $0.00 0.0000000 $0.00
A-4 notes Beginning Principal balance $203,276,998.62 0.9208471 $920.85
B notes Beginning Principal balance $9,921,563.91 0.2593873 $259.39
Certificate Beginning Principal balance $20,250,000.00 1.0000000 $1,000.00
Total Principal Balance of Notes and Certificates (End of Period) $222,903,436.94 0.2476705 $247.67
A-1 notes Ending Principal balance 4.035% $135,750,000.00 $0.00 0.0000000 $0.00
A-2 notes Ending Principal balance 4.162% $273,000,000.00 $0.00 0.0000000 $0.00
A-3 notes Ending Principal balance 4.580% $212,000,000.00 $0.00 0.0000000 $0.00
A-4 notes Ending Principal balance 5.380% $220,750,000.00 93.50% $193,180,040.87 0.8751078 $875.11
B notes Ending Principal balance 5.730% $38,250,000.00 4.25% $9,473,396.07 0.2476705 $247.67
Certificate Ending Principal balance 5.730% $20,250,000.00 2.25% $20,250,000.00 1.0000000 $1,000.00
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 $0.00 0.0000000 $0.00
Class A-4 notes Interest Paid $911,358.54 0.0041285 $4.13
Class B notes Interest Paid $47,375.47 0.0012386 $1.24
Certificate Interest Paid $96,693.75 0.0047750 $4.78
Class A-1 notes Interest Shortfall $0.00 0.0000000 $0.00
Class A21 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
Certificate 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 $0.00 0.0000000 $0.00
Class A-4 notes Principal Paid $10,096,957.75 0.0457393 $45.74
Class B notes Principal Paid $448,167.84 0.0117168 $11.72
Certificate Principal Paid $0.00 0.0000000 $0.00
NEGITIVE CARRY ACCOUNT
Negitive Carry 5/22/2001 2.633%
Negitive Carry Days Remaining 11/15/2001 0
Required Negitive Carry Account $0.00
Beginning Negitive Carry Account $0.00
Negitive Carry Account Withdrawls to Distribution Account $0.00
Negitive Carry Released to Seller $0.00
Ending Negitive Carry Account Balance $0.00
SPREAD ACCOUNT
Required Spread Account Balance 2.00% $18,000,045.50
Beginning Spread Account Balance $18,000,045.50
Additional Deposit to Spread Account from Pre-funding $0.00
Spread Account Withdrawls to Distribution Account $0.00
Spread Account Deposits from Excess Cash $0.00
Spread Account Released to Seller $0.00
Ending Spread Account Balance $18,000,045.50
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 Withdrawls 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
Ending Pre-funding Account Balance $0.00
Release to seller $0.00
Total Release to Seller $305,995.87
</Table>
Page 5
<Page>
<Table>
CNH EQUIPMENT TRUST 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Please contact Kim Zier at 262-636-6644 with any questions regarding this report or e-mail
abs@cnh.com. For additional information consult http://investors.cnh.com.
801100 801101 801103 801151
------------------------------------------------------------
Cutoff Date 11/30/2003
------------------------------------------------------------
Date Added 10/31/2001 10/31/2001 10/31/2001 10/31/2001
------------------------------------------------------------
Pool PERIOD POOL 1 POOL 2 POOL 3 POOL 4
------------------------------------------------------------
Scheduled Cashflows 0 933,490.63 2,219,750.41 66,876.02 463,848.30
1 1,333,300.79 4,735,797.25 280,801.98 1,529,061.16
2 995,436.40 3,527,311.98 312,225.12 1,490,076.06
3 720,641.09 3,024,696.80 315,088.09 1,488,093.02
4 842,777.68 3,416,365.48 323,657.01 1,606,378.47
5 860,587.17 3,057,723.07 317,359.54 1,373,160.20
6 717,902.49 2,363,555.94 324,803.72 1,559,788.54
7 666,493.88 3,788,272.46 318,947.06 1,672,564.88
8 1,003,681.99 5,350,946.93 319,484.02 1,310,325.88
9 656,212.67 6,358,049.64 318,714.42 936,794.26
10 4,289,205.56 9,037,656.63 480,404.65 456,325.47
11 5,583,715.62 2,410,469.09 266,225.04 50,219.16
12 1,709,082.53 3,260,172.42 32,418.80 12,602.96
13 1,219,356.01 4,145,011.67 4,506.42 9,318.90
14 820,970.44 2,726,937.79 2,419.12 8,408.76
15 579,528.67 2,211,238.05 2,419.12 8,408.76
16 625,266.96 2,452,497.92 2,419.12 8,339.09
17 676,222.36 2,044,711.74 2,419.12 7,929.84
18 555,057.85 1,613,791.01 2,419.12 7,929.84
19 503,362.03 2,783,931.53 2,419.12 7,929.80
20 768,906.58 3,499,365.59 2,419.12 4,691.31
21 479,668.80 4,703,800.17 2,419.12 3,300.90
22 3,202,734.35 6,570,844.44 2,419.23 15,300.70
23 4,138,067.78 1,622,826.17 0.00 195.00
24 1,330,855.45 2,480,555.45 0.00 195.00
25 920,629.60 3,232,400.95 0.00 195.00
26 592,135.67 1,971,827.12 0.00 195.00
27 368,980.65 1,510,560.28 0.00 195.00
28 400,042.17 1,605,239.11 0.00 195.00
29 420,871.24 1,232,007.09 0.00 195.00
30 356,820.26 741,300.56 0.00 195.00
31 285,007.26 1,504,075.15 0.00 195.00
32 572,983.63 2,119,477.88 0.00 195.00
33 357,349.48 3,124,844.96 0.00 195.00
34 2,524,488.34 4,178,135.58 0.00 12,195.00
35 3,354,280.38 388,385.13 0.00 195.00
36 812,856.49 564,735.57 0.00 195.00
37 317,566.56 750,409.14 0.00 195.00
38 114,228.51 206,361.49 0.00 195.00
39 41,245.98 91,433.11 0.00 195.00
40 31,743.92 59,742.35 0.00 195.00
41 48,014.86 35,192.53 0.00 195.00
42 41,372.58 5,231.02 0.00 195.00
43 8,787.89 13,251.14 0.00 195.00
44 1,607.89 286,319.31 0.00 195.00
45 100,015.26 66,360.14 0.00 195.00
46 14,663.83 102,159.80 0.00 195.00
47 90,722.08 35,536.57 0.00 195.00
48 19,200.50 3,962.46 0.00 195.00
49 20,273.91 3,478.25 0.00 195.00
50 0.00 0.00 0.00 195.00
51 0.00 0.00 0.00 195.00
52 0.00 0.00 0.00 195.00
53 0.00 0.00 0.00 195.00
54 0.00 0.00 0.00 195.00
55 7,180.00 0.00 0.00 301.19
56 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00
60 0.00 3,962.46 0.00 0.00
61 8,482.54 3,478.25 0.00 0.00
62 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00
72 0.00 3,962.46 0.00 0.00
73 0.00 3,478.25 0.00 0.00
74 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00
77 0.00 3,759.96 0.00 0.00
78 0.00 10,192.06 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 47,044,077.26 113,267,539.76 3,703,284.08 14,049,337.45
Discount Rate 6.750% 6.750% 6.750% 6.750%
Beginning Contract Value 44,801,356.06 108,567,776.67 3,908,916.77 15,138,440.13
Scheduled Contract Value Decline 2,640,054.70 4,624,418.51 347,780.09 1,706,025.06
Unscheduled Contract Value Decline (424,189.03) 40,188.25 (16,486.25) (233,961.03)
Additional Contract Value Added 0.00 0.00 0.00 0.00
Ending Contract Value 42,585,490.39 103,903,169.91 3,577,622.93 13,666,376.10
5801100 5801101 5801103 5801151
-------------------------------------------------------------
Cutoff Date 11/30/2003
-------------------------------------------------------------
Date Added 10/31/2001 10/31/2001 10/31/2001 10/31/2001
-------------------------------------------------------------
Pool PERIOD POOL 5 POOL 6 POOL 7 POOL 8
-------------------------------------------------------------
Scheduled Cashflows 0 662,508.28 2,281,477.60 36,706.60 1,273,365.22
1 775,352.84 2,814,406.79 54,988.51 1,408,977.30
2 707,173.77 2,515,397.15 50,084.26 601,617.35
3 682,309.73 2,459,995.96 53,128.41 392,496.98
4 788,588.40 2,671,160.83 65,305.71 668,618.91
5 805,873.51 2,439,181.07 76,626.67 410,471.33
6 711,100.36 2,321,666.03 51,804.62 764,638.89
7 701,465.70 3,609,962.83 51,804.62 1,155,733.35
8 719,513.63 4,581,772.55 64,397.92 592,318.01
9 689,130.92 4,598,592.09 66,462.07 370,883.03
10 1,743,428.23 3,343,126.24 84,908.63 61,241.71
11 2,661,806.04 2,518,959.23 661,901.06 35,363.46
12 554,957.86 3,344,551.19 1,028.75 67,986.51
13 650,867.66 2,094,807.40 0.00 16,482.99
14 507,636.77 1,680,726.62 0.00 25,860.22
15 493,731.14 1,620,898.04 0.00 7,079.24
16 577,178.77 1,766,431.32 13,503.60 13,112.49
17 564,236.06 1,547,893.74 0.00 3,002.59
18 514,689.60 1,415,943.68 0.00 46,352.00
19 493,839.26 2,321,574.17 0.00 3,002.59
20 499,803.37 3,169,413.95 12,023.60 3,002.59
21 489,881.50 3,265,048.50 0.00 3,002.75
22 1,281,932.39 2,120,561.44 16,063.09 35,012.99
23 2,129,317.69 1,345,756.22 11,423.60 719.43
24 381,168.95 1,728,762.38 0.00 3,358.03
25 462,367.74 1,262,739.09 0.00 719.43
26 341,607.33 1,084,223.79 0.00 5,242.36
27 324,403.89 1,088,012.36 0.00 4,575.12
28 382,214.86 1,170,034.57 13,503.60 719.43
29 371,703.11 973,217.28 0.00 719.43
30 342,401.74 861,862.52 0.00 719.24
31 311,487.18 1,584,075.59 0.00 0.00
32 319,037.52 2,095,519.86 12,023.60 0.00
33 307,722.58 2,133,801.60 0.00 0.00
34 884,307.17 1,118,765.93 10,023.60 30,810.80
35 1,545,189.23 139,355.45 11,423.60 0.00
36 65,368.32 166,541.80 0.00 0.00
37 155,912.73 186,812.76 0.00 0.00
38 62,592.33 145,503.37 0.00 0.00
39 24,956.11 122,748.68 0.00 0.00
40 53,526.20 127,078.78 0.00 0.00
41 37,226.28 107,822.55 0.00 0.00
42 30,531.54 93,246.02 0.00 0.00
43 31,667.60 179,445.96 0.00 0.00
44 24,139.31 251,821.49 0.00 0.00
45 24,056.80 343,213.48 0.00 0.00
46 129,566.66 174,770.63 0.00 0.00
47 199,384.24 8,801.01 0.00 0.00
48 0.00 1,325.66 0.00 0.00
49 0.00 0.00 0.00 0.00
50 0.00 0.00 0.00 0.00
51 0.00 0.00 0.00 0.00
52 0.00 0.00 0.00 0.00
53 0.00 0.00 0.00 0.00
54 0.00 0.00 0.00 0.00
55 0.00 0.00 0.00 0.00
56 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00
60 0.00 1,325.66 0.00 0.00
61 0.00 0.00 0.00 0.00
62 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00
72 0.00 1,325.66 0.00 0.00
73 0.00 0.00 0.00 0.00
74 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00
77 0.00 0.00 0.00 0.00
78 0.00 1,448.39 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 27,218,862.90 79,002,906.96 1,419,136.12 8,007,205.77
Discount Rate 6.750% 6.750% 6.750% 6.750%
Beginning Contract Value 26,061,015.29 77,042,490.66 1,501,603.71 12,283,097.01
Scheduled Contract Value Decline 1,451,700.49 5,509,919.42 168,621.66 5,624,435.37
Unscheduled Contract Value Decline (177,445.07) (1,180,532.54) (13,323.97) (1,155,089.34)
Additional Contract Value Added 0.00 0.00 0.00 0.00
Ending Contract Value 24,786,759.86 72,713,103.78 1,346,306.01 7,813,750.98
Page 1
<Page>
CNH EQUIPMENT TRUST 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Settlement Date
Scheduled Payment Date 12/15/2001 12/15/2003
Actual Payment Date 12/17/2001 12/15/2003
Collection Period Begin Date 11/1/2003
Collection Period End Date 11/30/2003
Days in accrual period (30/360) 30
Days in accrual period (act/360) 28
1 month LIBOR Rate 1.1200%
COLLATERAL SUMMARY
Wtd. Average Discount Rate 6.750%
Beginning Contract Value 289,304,696.30
Scheduled Contract Value Decline 22,072,955.33
Unscheduled Contract Value Decline (3,160,838.98)
Additional Contract Value Purchased 0.00
Ending Contract Value 270,392,579.96
Beginning Pre-funding Account Balance 0.00
Ending Pre-funding Account Balance 0.00
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 289,304,696.31
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 270,392,579.96
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $1,095,912.67 0.41%
Scheduled Amounts 60 days or more past due $1,631,996.85 0.60%
Net Losses on Liquidated Receivables $232,012.66 0.09%
Cumulative Net Losses $4,924,370.43
Number of Loans at Beginning of Period 24,228
Number of Loans at End of Period 22,704
Repossessed Equipment not Sold or Reassigned (Beginning) $835,827.14
Repossessed Equipment not Sold or Reassigned (End) $896,923.88
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $20,439,756.32
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 $20,439,756.32
Reinvestment Income (excluding Pre-funding Account) $33,263.94
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 $20,473,020.26
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
Page 2
<Page>
CNH EQUIPMENT TRUST 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Actual Payment Date 12/15/2003
CACLULATION OF DISTRIBUTABLE AMOUNTS
Current Servicing Fee Due 1.000% $241,087.25
Past Due Servicing Fee $0.00
Total Servicing Fee Due $241,087.25
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) $289,304,696.31
A-1 notes Beginning Principal balance $0.00
A-2 notes Beginning Principal balance $0.00
A-3 notes Beginning Principal balance $121,703,899.10
A-4 notes Beginning Principal balance $132,328,000.00
B notes Beginning Principal balance $12,295,372.24
Certificate Beginning Principal balance $22,977,424.97
A-1 notes Current Interest Due 2.1125% act/360 $0.00
Class A-2 Current Interest Due
1 Month LIBOR Rate 1.12000%
Spread for Note 0.20000%
--------
Floating Rate Yield 1.32000% ACT/360
Class A-2 Current Interest Due $0.00
Class A-2 Swap float Rate receipt due $0.00
Class A-2 Swap fixed Rate payment due 2.495% 30/360 $0.00
Class A-2 Net Swap receipt 0.00
Class A-2 Past due Net Swap payment 0.00
Interest on Class A-2 Past due Net Swap payment 0.00
Class A-2 Net Swap payment 0.00
Class A-3 Current Interest Due
1 Month LIBOR Rate 1.12000%
Spread for Note 0.31000%
--------
Floating Rate Yield 1.43000% ACT/360
Class A-3 Current Interest Due $135,361.78
Class A-3 Swap float Rate receipt due $106,017.62
Class A-3 Swap fixed Rate payment due 3.405% 30/360 $345,334.81
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 239,317.19
Net Swap Payments Due 239,317.19
A-4 notes Current Interest Due 4.450% 30/360 $490,716.33
B notes Current Interest Due 4.300% 30/360 $44,058.42
Certificate Current Interest Due 4.300% 30/360 $82,335.77
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
Certificate 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
Certificate 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 $135,361.78
A-4 notes Total Interest Due $490,716.33
B notes Total Interest Due $44,058.42
Certificate Total Interest Due $82,335.77
A-1 notes Principal Due $0.00
A-2 notes Principal Due $0.00
A-3 notes Principal Due $18,108,356.45
A-4 notes Principal Due $0.00
Class B notes Principal Due $803,759.90
Certificate Principal Due $0.00
Total notes Interest Due $670,136.53
Total notes Principal Due $18,912,116.35
Net Swap/Termination Payment Due $239,317.19
Total notes Distributable Amount $19,821,570.07
Page 3
<Page>
CNH Equipment Trust 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Actual Payment Date 12/15/2003
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $20,473,020.26
Beginning Negitive Carry Account $0.00
Deposits from Negitive Carry Account to Distribution Account $0.00
Beginning Spread Account Balance $20,424,128.50
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
Total Cash Available $20,473,020.26
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
$20,473,020.26
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$20,472,853.59
Net Swap Payment Paid $239,317.19
Net Swap Payment Shortfall $0.00
Remaining Cash Available to Pay Note Interest & Swap Termination Payment $20,233,536.40
Cash Available to Pay Note Interest $20,233,536.40
Cash Available to Pay 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 $135,361.78
Class A-4 notes Interest Paid $490,716.33
$19,607,458.29
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
Swap Termination Payment Paid $0.00
Swap Termination Payment Shortfall $0.00
$19,607,458.29
Class B notes Interest Paid $44,058.42
Class B notes Interest Shortfall $0.00
$19,563,399.87
Class A-1 notes Principal Paid $0.00
Class A-2 notes Principal Paid $0.00
Class A-3 notes Principal Paid $18,108,356.45
Class A-4 notes Principal Paid $0.00
Class B notes Principal Paid $803,759.90
$651,283.52
Deposits to Spread Account $0.00
$651,283.52
Certificate Interest Paid $82,335.77
Certificate Interest Shortfall $0.00
$568,947.75
Certificate Principal Paid $0.00
$568,947.75
Total Principal Balance of Notes and Certificates (End of Period) $270,392,579.96
A-1 notes Ending Principal balance $0.00
A-2 notes Ending Principal balance $0.00
A-3 notes Ending Principal balance $103,595,542.65
A-4 notes Ending Principal balance $132,328,000.00
B notes Ending Principal balance $11,491,612.34
Certificate Ending Principal balance $22,977,424.97
Servicing Fee Paid (If CNH is the servicer) $241,087.25
Servicing Fee Shortfall $0.00
Release to Seller as Excess $327,860.50 $327,860.50
Page 4
<Page>
CNH EQUIPMENT TRUST 2001-B
$321,500,000 Class A-1 2.1125% Asset Backed Notes due December 16, 2002
$170,000,000 Class A-2 2.495% Asset Backed Notes due April 15, 2004
$331,000,000 Class A-3 3.405% Asset Backed Notes due March 15, 2006
$132,328,000 Class A-4 4.450% Asset Backed Notes due April 16, 2007
$43,401,000 Class B 4.300% Asset Backed Notes due May 15, 2008
$22,977,424 4.300% Asset Backed Certificates
Actual Payment Date 12/15/2003
SUMMARY AND FACTORS AMOUNT FACTOR PER/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period) $289,304,696.31 0.2832970 $283.30
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 $121,703,899.10 0.3676855 $367.69
A-4 notes Beginning Principal balance $132,328,000.00 1.0000000 $1,000.00
B notes Beginning Principal balance $12,295,372.24 0.2832970 $283.30
Certificate Beginning Principal balance $22,977,424.97 1.0000000 $1,000.00
Total Principal Balance of Notes and Certificates (End of Period) $270,392,579.96 0.2647776 $264.78
A-1 notes Ending Principal balance 2.1125% $321,500,000.00 $0.00 0.0000000 $0.00
A-2 notes Ending Principal balance 2.495% $170,000,000.00 $0.00 0.0000000 $0.00
A-3 notes Ending Principal balance 3.405% $331,000,000.00 $103,595,542.65 0.3129775 $312.98
A-4 notes Ending Principal balance 4.450% $132,328,000.00 93.50% $132,328,000.00 1.0000000 $1,000.00
B notes Ending Principal balance 4.300% $43,401,000.00 4.25% $11,491,612.34 0.2647776 $264.78
Certificate Ending Principal balance 4.300% $22,977,424.97 2.25% $22,977,424.97 1.0000000 $1,000.00
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 $135,361.78 0.0004089 $0.41
Class A-4 notes Interest Paid $490,716.33 0.0037083 $3.71
Class B notes Interest Paid $44,058.42 0.0010151 $1.02
Certificate Interest Paid $82,335.77 0.0035833 $3.58
Class A-1 notes Interest Shortfall $0.00 0.0000000 $0.00
Class A21 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
Certificate 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 $18,108,356.45 0.0547080 $54.71
Class A-4 notes Principal Paid $0.00 0.0000000 $0.00
Class B notes Principal Paid $803,759.90 0.0185194 $18.52
Certificate Principal Paid $0.00 0.0000000 $0.00
NEGITIVE CARRY ACCOUNT
Negitive Carry 11/21/2001 1.378%
Negitive Carry Days Remaining 11/21/2001 0
Required Negitive Carry Account $0.00
Beginning Negitive Carry Account $0.00
Negitive Carry Account Withdrawls to Distribution Account $0.00
Negitive Carry Released to Seller $0.00
Ending Negitive Carry Account Balance $0.00
SPREAD ACCOUNT
Required Spread Account Balance 2.00% $20,424,128.50
Beginning Spread Account Balance $20,424,128.50
Additional Deposit to Spread Account from Pre-funding $0.00
Spread Account Withdrawls to Distribution Account $0.00
Spread Account Deposits from Excess Cash $0.00
Spread Account Released to Seller $0.00
Ending Spread Account Balance $20,424,128.50
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 Withdrawls 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
Ending Pre-funding Account Balance $0.00
Release to seller $0.00
Total Release to Seller $569,114.42
</Table>
Page 5
<Page>
<Table>
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 Zier at (262) 636-6644 with any questions regarding this report
or email abs@cnh.com. For additional information consult http://investors.cnh.com.
-------------------------------------------------------------------------------------
502030 502031 502033 502051 5502030
-------------------------------------------------------------------------------------
Cutoff Date 11/30/2003
-------------------------------------------------------------------------------------
Date Added 2/28/2002 2/28/2002 2/28/2002 2/28/2002 2/28/2002
-------------------------------------------------------------------------------------
Pool PERIOD POOL 1 POOL 2 POOL 3 POOL 4 POOL 5
-------------------------------------------------------------------------------------
Scheduled Cashflows 0 130,454.31 2,193,803.37 19,455.09 165,691.25 585,765.43
1 769,157.76 9,577,896.70 176,591.77 1,043,306.76 483,069.32
2 1,921,226.23 7,968,343.02 251,091.96 998,236.95 1,666,826.28
3 4,901,058.71 1,981,773.28 303,541.59 898,707.88 2,655,976.08
4 732,795.14 1,796,037.75 120,955.15 894,057.86 459,275.01
5 437,476.46 1,717,119.48 122,371.39 904,200.69 499,847.53
6 458,978.85 1,763,877.32 121,424.69 916,743.55 462,498.66
7 382,520.59 1,753,077.16 122,277.36 929,016.37 447,595.00
8 453,180.11 1,898,788.37 122,277.36 914,163.88 535,559.33
9 509,634.77 1,559,889.68 124,239.86 915,554.87 547,185.15
10 444,978.29 1,983,795.32 122,277.36 916,171.89 456,012.33
11 429,041.38 3,337,155.85 134,928.55 954,725.44 462,249.16
12 573,433.83 8,220,333.16 122,796.25 1,046,102.32 536,618.86
13 857,470.41 10,577,906.88 139,692.82 878,781.77 499,433.77
14 1,897,963.56 7,743,795.43 185,610.63 267,948.74 1,598,564.46
15 4,739,459.51 1,609,475.33 216,519.79 37,616.01 2,511,100.90
16 638,325.18 1,434,698.46 21,129.70 18,005.39 380,393.20
17 343,565.66 1,353,181.42 15,097.51 15,434.99 412,872.58
18 358,871.62 1,356,062.47 15,097.51 15,434.99 361,154.57
19 266,153.05 1,332,707.70 15,097.51 20,464.27 350,965.81
20 339,249.45 1,458,378.97 15,097.51 15,434.99 413,698.57
21 354,869.42 1,250,488.58 15,097.51 15,434.99 440,459.88
22 308,906.04 1,402,144.37 15,097.51 15,434.99 366,426.83
23 302,055.32 2,473,456.53 25,116.26 15,434.99 370,668.45
24 412,850.57 6,194,216.57 15,097.51 36,576.18 463,336.90
25 654,291.30 7,913,356.88 15,097.51 33,062.59 389,806.72
26 1,524,627.26 5,471,544.79 20,116.16 6,649.83 1,289,827.85
27 3,251,783.93 1,031,230.23 28,833.78 6,649.83 2,015,168.45
28 415,403.27 913,156.08 10,727.17 6,649.83 264,601.54
29 229,482.04 849,726.98 10,727.17 6,649.83 276,499.10
30 221,265.01 823,865.73 10,727.17 6,649.83 246,434.84
31 153,432.30 743,987.74 10,727.17 11,679.11 235,823.70
32 219,779.53 854,421.13 10,727.17 6,649.83 278,877.93
33 212,247.14 686,138.79 10,727.17 6,649.83 301,097.22
34 197,880.99 833,103.92 10,727.17 6,649.83 243,700.16
35 184,672.69 1,755,214.97 10,597.76 6,649.53 245,711.05
36 394,447.45 4,916,546.78 10,208.28 26,717.35 291,512.15
37 530,549.12 6,042,912.65 10,208.28 61,219.88 251,043.31
38 1,133,455.71 3,685,179.46 10,208.28 4,829.12 975,723.58
39 2,436,934.29 354,203.74 50,809.64 0.00 1,513,148.22
40 184,804.27 68,602.48 944.75 0.00 49,587.48
41 7,374.97 15,425.07 944.75 0.00 22,245.56
42 1,708.67 16,925.11 0.00 0.00 18,062.30
43 1,708.67 4,600.08 0.00 0.00 17,749.30
44 19,512.79 4,095.80 0.00 0.00 17,749.30
45 1,708.44 4,095.80 0.00 0.00 19,421.35
46 1,078.22 4,095.80 0.00 0.00 17,749.30
47 6,696.77 43,373.98 0.00 0.00 17,749.30
48 1,078.22 150,089.95 0.00 0.00 36,729.79
49 48,755.39 188,797.28 0.00 0.00 17,702.50
50 35,934.26 143,045.58 0.00 0.00 57,552.28
51 46,617.24 0.00 0.00 0.00 81,447.29
52 0.00 0.00 0.00 0.00 487.95
53 0.00 0.00 0.00 0.00 0.00
54 0.00 0.00 0.00 0.00 0.00
55 0.00 0.00 0.00 0.00 0.00
56 0.00 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00 0.00
60 0.00 0.00 0.00 0.00 0.00
61 0.00 1,919.00 0.00 0.00 0.00
62 0.00 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00 0.00
72 0.00 0.00 0.00 0.00 0.00
73 0.00 1,919.00 0.00 0.00 0.00
74 0.00 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00 0.00
77 0.00 0.00 0.00 0.00 0.00
78 0.00 1,282.93 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 35,080,906.16 121,461,260.90 2,791,039.53 13,046,038.23 27,160,763.58
Discount Rate 6.750% 6.750% 6.750% 6.750% 6.750%
Beginning Contract Value 32,517,176.31 118,628,240.54 2,804,450.89 13,680,987.49 25,384,726.93
Scheduled Contract Value Decline 435,496.41 7,194,892.91 150,677.89 1,011,458.59 663,669.43
Unscheduled Contract Value Decline 220,691.45 973,473.41 16,787.58 162,858.67 76,530.04
Additional Contract Value Added 0.00 0.00 0.00 0.00 0.00
Ending Contract Value 31,860,988.45 110,459,874.22 2,636,985.43 12,506,670.23 24,644,527.46
---------------------------------------------------------------------------------------
5502031 5502033 5502051 502034 502035 5502034
---------------------------------------------------------------------------------------
Cutoff Date
---------------------------------------------------------------------------------------
Date Added 2/28/2002 2/28/2002 2/28/2002 3/31/2002 3/31/2002 3/31/2002
---------------------------------------------------------------------------------------
Pool PERIOD POOL 6 POOL 7 POOL 8 POOL 9 POOL 10 POOL 11
---------------------------------------------------------------------------------------
Scheduled Cashflows 0 2,946,107.02 21,127.04 559,751.10 192,152.19 30,814.78 354,614.43
1 4,866,604.20 95,276.25 1,209,907.32 737,544.64 251,580.26 693,071.40
2 3,577,511.47 276,272.19 597,803.30 697,829.00 269,740.60 676,507.74
3 1,825,616.90 227,877.82 303,457.35 2,646,375.11 358,075.84 2,332,332.30
4 1,843,608.81 85,431.52 303,489.36 5,782,667.60 340,397.64 2,621,260.25
5 1,890,279.37 90,961.92 318,992.77 721,198.86 163,684.37 607,103.08
6 2,033,079.36 86,203.14 464,597.15 484,754.07 163,686.41 616,311.23
7 2,075,322.78 87,731.31 395,100.70 514,851.14 153,696.81 626,898.08
8 2,049,337.99 101,929.11 376,451.54 453,948.44 155,392.88 608,470.09
9 1,922,740.72 86,796.51 313,739.32 547,169.44 155,610.13 668,938.30
10 1,893,687.86 86,796.51 303,746.33 800,353.97 155,830.63 823,669.22
11 3,129,240.05 92,326.91 1,076,254.12 502,842.73 164,197.73 620,272.76
12 5,933,810.73 88,105.45 3,851,569.41 490,744.28 157,343.96 704,577.79
13 4,589,636.75 105,290.04 959,814.27 796,393.39 168,611.11 739,530.79
14 3,094,994.57 250,293.80 307,410.39 701,355.76 155,905.30 643,047.15
15 1,357,595.47 212,775.76 5,232.91 2,602,008.18 227,083.20 2,192,627.95
16 1,370,339.96 2,942.98 4,532.13 5,698,902.75 225,714.23 2,433,270.57
17 1,404,631.60 4,088.46 4,192.18 613,772.40 34,504.60 516,965.03
18 1,483,045.70 1,102.23 5,833.50 382,114.21 17,929.58 518,280.53
19 1,522,613.33 2,630.40 15,407.95 379,892.90 17,929.58 526,220.48
20 1,529,041.33 9,299.44 5,833.50 340,995.39 19,368.69 508,397.57
21 1,371,820.68 2,630.40 5,833.50 419,866.12 19,368.69 553,097.27
22 1,396,701.82 2,630.40 5,833.50 641,746.95 19,368.69 698,891.95
23 2,300,296.29 5,116.13 5,833.50 382,450.98 27,730.79 518,639.76
24 5,029,697.62 2,630.40 11,415.97 371,042.43 19,368.69 546,193.36
25 3,593,264.34 11,124.73 127,236.75 671,231.11 30,635.84 592,187.37
26 2,280,314.96 35,644.57 45,398.04 512,725.47 17,929.58 546,344.40
27 913,637.01 10,558.73 1,416.57 1,840,689.78 17,929.58 1,778,826.54
28 919,335.26 1,102.23 1,416.57 4,330,796.69 58,653.44 1,833,554.56
29 939,615.18 3,587.96 1,270.65 416,133.20 16,931.48 402,139.09
30 1,007,219.68 1,102.23 2,807.99 232,651.69 16,931.48 395,217.53
31 1,023,932.47 2,630.40 12,382.44 206,141.71 16,931.48 403,170.79
32 1,041,237.83 9,299.44 2,807.99 188,716.70 18,370.59 383,485.17
33 885,487.94 2,630.40 2,807.99 269,549.61 18,370.59 416,953.95
34 913,702.02 2,630.40 2,807.99 425,939.14 18,370.59 539,513.76
35 1,706,002.53 5,116.13 2,807.98 221,429.91 26,732.69 379,177.40
36 3,784,599.86 2,630.30 8,390.27 176,399.75 18,370.59 401,321.31
37 2,353,169.63 11,124.73 126,986.56 478,000.49 29,637.86 459,132.10
38 1,158,252.53 35,644.01 43,981.47 328,769.59 16,229.78 402,458.90
39 104,376.92 9,456.50 0.00 1,435,732.05 15,885.22 1,524,088.18
40 78,889.08 0.00 0.00 3,303,948.79 50,585.31 1,339,078.90
41 74,689.98 0.00 0.00 172,352.11 1,306.27 45,597.10
42 53,426.25 0.00 0.00 17,097.72 1,306.07 34,631.85
43 69,375.83 0.00 0.00 20,781.40 0.00 43,416.71
44 64,005.69 0.00 0.00 7,564.37 0.00 36,077.56
45 52,757.38 0.00 0.00 2,973.45 0.00 32,827.08
46 59,462.20 0.00 0.00 86,534.31 0.00 76,263.10
47 107,682.72 0.00 0.00 21,846.92 0.00 32,651.70
48 432,152.41 0.00 0.00 2,973.45 0.00 32,368.79
49 140,992.27 0.00 0.00 25,701.31 0.00 40,761.68
50 96,601.68 0.00 0.00 2,973.45 0.00 31,657.98
51 1,766.53 0.00 0.00 17,262.24 0.00 90,519.77
52 0.00 0.00 0.00 60,845.59 0.00 116,178.49
53 0.00 0.00 0.00 0.00 0.00 569.43
54 0.00 0.00 0.00 0.00 0.00 0.00
55 3,596.94 0.00 0.00 0.00 0.00 0.00
56 0.00 0.00 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00 0.00 0.00
60 0.00 0.00 0.00 0.00 0.00 0.00
61 0.00 0.00 0.00 0.00 0.00 0.00
62 0.00 0.00 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00 0.00 0.00
72 0.00 0.00 0.00 0.00 0.00 0.00
73 0.00 0.00 0.00 0.00 0.00 0.00
74 0.00 0.00 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00 0.00 0.00
77 0.00 0.00 0.00 0.00 0.00 0.00
78 0.00 0.00 0.00 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 86,296,909.50 2,172,548.88 11,794,552.33 43,380,734.93 3,864,043.63 34,759,360.27
Discount Rate 6.750% 6.750% 6.750% 6.750% 6.750% 6.750%
Beginning Contract Value 83,908,278.81 2,142,271.21 14,349,623.86 39,947,806.31 3,897,813.26 31,969,865.25
Scheduled Contract Value Decline 7,064,395.98 85,681.42 3,532,529.19 380,861.17 227,702.85 691,491.31
Unscheduled Contract Value Decline (1,713,173.44) (2,476.12) (389,528.17) 364,208.57 28,467.68 (61,761.60)
Additional Contract Value Added 0.00 0.00 0.00 0.00 0.00 0.00
Ending Contract Value 78,557,056.27 2,059,065.91 11,206,622.84 39,202,736.57 3,641,642.74 31,340,135.55
---------------------------------------------------------------------------------------
5502035 502036 502037 502038 5502036 5502037
---------------------------------------------------------------------------------------
Cutoff Date
---------------------------------------------------------------------------------------
Date Added 3/31/2002 4/30/2002 4/30/2002 4/30/2002 4/30/2002 4/30/2002
---------------------------------------------------------------------------------------
Pool PERIOD POOL 12 POOL 13 POOL 14 POOL 15 POOL 16 POOL 17
---------------------------------------------------------------------------------------
Scheduled Cashflows 0 68,930.90 342,766.20 73,400.49 384,782.22 513,387.98 83,848.37
1 166,696.71 977,036.15 371,870.62 266,948.17 913,850.26 239,791.61
2 188,944.26 829,334.43 423,426.13 28,742.27 864,717.72 239,843.31
3 395,791.17 878,875.21 439,510.79 21,069.15 843,527.06 247,921.41
4 341,224.70 4,582,505.78 681,188.46 22,835.92 3,009,452.44 490,084.52
5 176,544.27 6,715,995.69 517,029.07 59,981.55 2,966,235.19 391,992.67
6 181,375.11 727,016.86 247,739.99 34,969.85 764,686.45 242,198.63
7 179,892.20 710,836.20 239,779.22 39,651.90 793,953.25 243,973.32
8 180,757.47 690,443.54 245,104.43 4,003.35 783,736.76 249,776.93
9 188,733.11 787,446.80 242,001.26 0.00 753,641.81 250,034.85
10 208,236.18 918,568.86 252,199.84 0.00 945,118.47 259,386.24
11 180,793.47 864,250.53 245,622.17 0.00 917,060.39 252,807.59
12 186,957.23 799,020.40 241,593.80 0.00 833,235.81 248,418.87
13 186,473.83 1,068,013.31 258,112.65 8,712.18 907,601.81 243,992.84
14 191,002.42 812,318.64 248,592.53 0.00 811,693.51 240,358.07
15 394,552.15 842,798.25 259,132.72 0.00 783,553.31 244,768.49
16 256,244.95 4,488,444.99 488,310.39 0.00 2,779,416.56 491,436.42
17 6,940.87 6,664,855.24 327,043.51 0.00 2,666,772.12 237,013.21
18 1,262.44 585,955.53 23,762.07 0.00 628,843.90 6,240.87
19 1,262.44 570,449.10 15,834.73 0.00 650,841.68 5,328.37
20 1,262.44 535,428.82 15,692.73 0.00 640,026.83 5,328.37
21 6,789.69 560,820.70 12,407.22 0.00 623,751.48 5,328.37
22 1,262.44 740,838.06 12,407.22 0.00 768,980.89 10,226.64
23 1,262.44 666,813.48 14,996.58 0.00 913,576.66 5,328.37
24 1,262.44 645,076.87 12,407.22 0.00 688,630.94 5,328.37
25 1,262.44 787,258.77 20,429.72 0.00 760,458.57 5,328.37
26 1,262.44 646,581.20 14,996.58 0.00 659,685.44 5,328.37
27 12,399.39 662,410.67 32,407.22 0.00 647,820.40 5,328.37
28 28,912.77 3,253,990.14 32,638.81 0.00 2,324,751.28 74,765.63
29 165.03 4,706,188.59 52,171.67 0.00 2,122,927.21 37,984.50
30 165.03 359,167.99 8,645.81 0.00 457,498.62 1,570.38
31 165.03 372,144.57 8,645.81 0.00 481,219.76 1,570.38
32 165.03 300,183.15 8,645.81 0.00 467,247.16 1,570.38
33 5,692.28 350,863.63 8,645.81 0.00 452,852.19 1,570.38
34 165.03 479,530.81 8,645.81 0.00 581,007.43 6,468.65
35 165.03 398,970.28 8,645.81 0.00 562,393.27 1,570.38
36 165.03 427,691.46 8,645.81 0.00 502,502.56 31,739.91
37 165.03 451,631.53 8,645.81 0.00 571,640.83 1,570.38
38 165.03 409,692.13 8,645.81 0.00 481,227.06 1,570.38
39 11,302.28 405,387.90 28,645.81 0.00 462,765.55 1,570.38
40 14,120.00 2,504,572.47 19,205.45 0.00 1,753,337.91 43,216.78
41 0.00 3,335,434.52 33,537.56 0.00 1,412,994.99 26,907.87
42 0.00 143,595.05 1,409.99 0.00 48,125.01 0.00
43 0.00 76,254.80 1,409.99 0.00 53,346.32 0.00
44 0.00 0.00 1,409.99 0.00 43,454.92 0.00
45 0.00 13,044.50 1,409.99 0.00 43,270.89 0.00
46 0.00 104,647.59 1,409.99 0.00 46,241.42 0.00
47 0.00 0.00 1,409.99 0.00 48,811.95 0.00
48 0.00 73,771.98 1,409.99 0.00 42,759.57 0.00
49 0.00 9,828.54 1,409.99 0.00 228,834.40 0.00
50 0.00 0.00 1,409.99 0.00 42,229.23 0.00
51 0.00 0.00 1,409.99 0.00 41,355.14 0.00
52 0.00 40,232.81 1,409.99 0.00 156,946.35 0.00
53 0.00 43,807.64 1,410.21 0.00 126,795.23 0.00
54 0.00 0.00 0.00 0.00 267.96 0.00
55 0.00 0.00 0.00 0.00 661.87 0.00
56 0.00 0.00 0.00 0.00 0.00 0.00
57 0.00 0.00 0.00 0.00 0.00 0.00
58 0.00 0.00 0.00 0.00 0.00 0.00
59 0.00 0.00 0.00 0.00 0.00 0.00
60 0.00 0.00 0.00 0.00 0.00 0.00
61 0.00 0.00 0.00 0.00 0.00 0.00
62 0.00 0.00 0.00 0.00 0.00 0.00
63 0.00 0.00 0.00 0.00 0.00 0.00
64 0.00 0.00 0.00 0.00 0.00 0.00
65 0.00 0.00 0.00 0.00 0.00 0.00
66 0.00 0.00 0.00 0.00 0.00 0.00
67 0.00 0.00 0.00 0.00 0.00 0.00
68 0.00 0.00 0.00 0.00 0.00 0.00
69 0.00 0.00 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00 0.00 0.00
72 0.00 0.00 0.00 0.00 0.00 0.00
73 0.00 0.00 0.00 0.00 0.00 0.00
74 0.00 0.00 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00 0.00 0.00
77 0.00 0.00 0.00 0.00 0.00 0.00
78 0.00 0.00 0.00 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 3,770,892.20 58,362,792.36 6,237,931.05 871,696.56 43,391,723.77 5,190,388.20
Discount Rate 6.750% 6.750% 6.750% 6.750% 6.750% 6.750%
Beginning Contract Value 3,782,404.55 53,909,750.38 6,290,241.02 1,051,843.42 40,148,838.27 5,114,737.94
Scheduled Contract Value Decline 184,717.06 705,717.90 322,122.08 553,921.13 1,038,193.10 237,957.97
Unscheduled Contract Value Decline 9,550.30 574,873.06 54,940.70 (365,970.87) 88,645.65 (31,928.77)
Additional Contract Value Added 0.00 0.00 0.00 0.00 0.00 0.00
Ending Contract Value 3,588,137.18 52,629,159.42 5,913,178.24 863,893.16 39,021,999.51 4,908,708.74
=================================================================================================================================
Page 1 of 7
<Page>
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 4/15/2002 12/15/2003
Actual Payment Date 4/15/2002 12/15/2003
Collection Period Begin Date 11/1/2003
Collection Period End Date 11/30/2003
Days in accrual period (30/360) 30
Days in accrual period (act/360) 28
1 month LIBOR Rate 1.1200%
COLLATERAL SUMMARY
Wtd. Average Discount Rate 6.750%
Beginning Contract Value 479,529,056.44
Scheduled Contract Value Decline 24,481,486.38
Unscheduled Contract Value Decline 6,188.15
Additional Contract Value Purchased 0.00
Ending Contract Value 455,041,381.91
Beginning Pre-funding Account Balance 0.00
Ending Pre-funding Account Balance 0.00
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 479,529,056.44
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 455,041,381.91
Total Original Contract Value (including Additional Contracts) 999,794,417.00
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $754,687.93 0.17%
Scheduled Amounts 60 days or more past due $1,588,866.82 0.35%
Net Losses on Liquidated Receivables $226,481.92 0.05%
Cumulative Net Losses $2,856,251.86
Number of Loans at Beginning of Period 28,668
Number of Loans at End of Period 28,010
Repossessed Equipment not Sold or Reassigned (Beginning) $570,889.44
Repossessed Equipment not Sold or Reassigned (End) $743,050.70
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $27,179,289.10
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 $27,179,289.10
Reinvestment Income (excluding Pre-funding Account) $42,507.00
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 $27,221,796.10
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
===================================================================================================
Page 2 of 7
<Page>
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 12/15/2003
CALCULATION OF DISTRIBUTABLE AMOUNTS
Current Servicing Fee Due 1.000% $399,607.55
Past Due Servicing Fee $0.00
Total Servicing Fee Due $399,607.55
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) $479,529,056.44
A-1 notes Beginning Principal balance $0.00
A-2 notes Beginning Principal balance $0.00
A-3 notes Beginning Principal balance $265,933,490.42
A-4 notes Beginning Principal balance $183,625,000.00
B notes Beginning Principal balance $14,385,871.69
C notes Beginning Principal balance $15,584,694.33
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 1.12000%
Spread for Note 0.25000%
--------
Floating Rate Yield 1.37000% ACT/360
Class A-3 Current Interest Due $283,366.91
Class A-3 Swap float Rate receipt due $231,657.62
Class A-3 Swap fixed Rate payment du4.2130% 30/360 $933,648.16
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 701,990.54
Class A-4 Current Interest Due
1 Month LIBOR Rate 1.12000%
Spread for Note 0.30000%
--------
Floating Rate Yield 1.42000% ACT/360
Class A-4 Current Interest Due $202,803.61
Class A-4 Swap float Rate receipt due $159,957.78
Class A-4 Swap fixed Rate payment du4.9950% 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 604,381.28
Class B Current Interest Due
1 Month LIBOR Rate 1.12000%
Spread for Note 0.97000%
--------
Floating Rate Yield 2.09000% ACT/360
Class B Current Interest Due $23,385.03
Class B Swap float Rate receipt due $12,531.69
Class B Swap fixed Rate payment due 4.3230% 30/360 $51,825.10
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 39,293.41
Class C Current Interest Due
1 Month LIBOR Rate 1.12000%
Spread for Note 1.90000%
--------
Floating Rate Yield 3.02000% ACT/360
Class C Current Interest Due $36,606.72
Class C Swap float Rate receipt due $13,576.00
Class C Swap fixed Rate payment due 4.4675% 30/360 $58,020.52
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 44,444.52
Net Swap Payments Due 1,390,109.75
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
Page 3 of 7
<Page>
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 $283,366.91
A-4 notes Total Interest Due $202,803.61
B notes Total Interest Due $23,385.03
C notes Total Interest Due $36,606.72
Class A Noteholders' Monthly Principal Distributable Amount $22,957,194.88
Class B Noteholders' Monthly Principal Distributable Amount $734,630.23
Class C Noteholders' Monthly Principal Distributable Amount $795,849.42
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 $22,957,194.88
A-4 notes Principal Due $0.00
Class B notes Principal Due $734,630.23
Class C notes Principal Due $795,849.42
Total notes Interest Due $546,162.27
Total notes Principal Due $24,487,674.53
Net Swap/Termination Payment Due $1,390,109.75
Total notes Distributable Amount $26,423,946.55
===================================================================================================
Page 4 of 7
<Page>
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 12/15/2003
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $27,221,796.10
Beginning Negitive Carry Account $0.00
Deposits from Negitive Carry Account to Distribution Account $0.00
Beginning Spread Account Balance $32,493,318.55
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 $27,221,796.10
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
$27,221,796.10
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$27,221,629.43
Net Swap Payment Paid $1,390,109.75
Net Swap Payment Shortfall $0.00
Remaining Cash Available to Pay Class A Interest & Swap Termination Payment $25,831,519.68
Cash Available to Pay Class A Interest $25,831,519.68
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 $283,366.91
Class A-4 notes Interest Paid $202,803.61
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 $25,345,349.16
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 $25,345,349.16
Cash Available to Pay Class B Interest $25,345,349.16
Cash Available to Pay Class B Termination Payment $0.00
Class B notes Interest Paid $23,385.03
Class B notes Interest Shortfall $0.00
Cash Available to Pay Class B Termination Payment $25,321,964.13
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 $25,321,964.13
Cash Available to Pay Class C Interest $25,321,964.13
Cash Available to Pay Class C Termination Payment $0.00
Class C notes Interest Paid $36,606.72
Class C notes Interest Shortfall $0.00
Cash Available to Pay Class C Termination Payment $25,285,357.41
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
$25,285,357.41
Class A-1 notes Principal Paid $0.00
Class A-2 notes Principal Paid $0.00
Class A-3 notes Principal Paid $22,957,194.88
Class A-4 notes Principal Paid $0.00
Class B notes Principal Paid $734,630.23
Page 5 of 7
<Page>
Class C notes Principal Paid $795,849.42
$797,682.88
Deposits to Spread Account $0.00
$797,682.88
Total Principal Balance of Notes and Certificates (End of Period) $455,041,381.91
A-1 notes Ending Principal balance $0.00
A-2 notes Ending Principal balance $0.00
A-3 notes Ending Principal balance $242,976,295.54
A-4 notes Ending Principal balance $183,625,000.00
B notes Ending Principal balance $13,651,241.46
C notes Ending Principal balance $14,788,844.91
Servicing Fee Paid (If CNH is the servicer) $399,607.55
Servicing Fee Shortfall $0.00
Release to Seller as Excess $398,075.33 $398,075.33
===================================================================================================================
Page 6 of 7
<Page>
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 12/15/2003
SUMMARY AND FACTORS AMOUNT FACTOR PER/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period) $479,529,056.44 0.4795291 $479.53
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 $265,933,490.42 0.7469643 $746.96
A-4 notes Beginning Principal balance $183,625,000.00 1.0000000 $1,000.00
B notes Beginning Principal balance $14,385,871.69 0.4795291 $479.53
C notes Beginning Principal balance $15,584,694.33 0.4795291 $479.53
Total Principal Balance of Notes and Certificates (End of Period) $455,041,381.91 0.4550414 $455.04
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 $242,976,295.54 0.6824813 $682.48
A-4 notes Ending Principal balance 5.2950% $183,625,000.00 93.75% $183,625,000.00 1.0000000 $1,000.00
B notes Ending Principal balance 5.2930% $30,000,000.00 3.00% $13,651,241.46 0.4550414 $455.04
C notes Ending Principal balance 6.3675% $32,500,000.00 3.25% $14,788,844.91 0.4550414 $455.04
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 $283,366.91 0.0007959 $0.80
Class A-4 notes Interest Paid $202,803.61 0.0011044 $1.10
Class B notes Interest Paid $23,385.03 0.0007795 $0.78
Class C notes Interest Paid $36,606.72 0.0011264 $1.13
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 $22,957,194.88 0.0644831 $64.48
Class A-4 notes Principal Paid $0.00 0.0000000 $0.00
Class B notes Principal Paid $734,630.23 0.0244877 $24.49
Class C notes Principal Paid $795,849.42 0.0244877 $24.49
NEGATIVE CARRY ACCOUNT
Negative Carry 3/27/2002 2.336%
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 4.50% $32,493,318.55
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 $32,493,318.55
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 $797,849.55
</Table>
Page 7 of 7
<Page>
<Table>
CNH EQUIPMENT TRUST 2002-B
$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003
$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005
$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006
$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008
$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010
$33,000,000 4.120% Asset Backed Certificates
Please contact Kim Zier at (262) 636-6644 with any questions regarding this report
or email abs@cnh.com. For additional information consult http://investors.cnh.com
1 2 3
1 1 1
-------------------------------------------------
Cutoff Date 11/30/2003
-------------------------------------------------
Date Added 10/31/2002 11/30/2002 12/31/2002
-------------------------------------------------
Pool PERIOD POOL 1 POOL 2 POOL 3
Scheduled Cashflows 0 6,595,306.39 1,760,834.25 1,644,352.08
1 13,225,432.25 2,355,297.15 6,267,155.39
2 12,334,757.14 2,642,982.95 1,647,100.26
3 11,042,544.63 2,184,591.04 1,308,805.32
4 11,226,371.66 2,491,700.75 1,349,031.18
5 17,382,491.15 2,675,087.31 1,313,483.05
6 21,860,789.16 2,323,789.64 1,523,695.56
7 19,655,077.51 2,266,765.19 1,479,395.73
8 16,730,083.79 1,833,730.99 1,371,196.24
9 15,009,293.58 2,011,255.31 1,372,498.72
10 16,858,500.87 2,095,809.52 1,470,392.56
11 14,917,500.93 4,560,775.97 1,350,918.10
12 10,942,568.19 8,775,469.14 3,951,289.27
13 11,655,256.88 2,393,103.80 6,466,270.78
14 9,999,434.26 2,268,433.94 1,446,004.35
15 9,257,415.04 1,793,563.69 1,072,445.56
16 9,570,751.30 2,181,658.12 1,106,875.15
17 15,407,450.37 2,395,406.57 1,069,860.51
18 19,633,763.11 2,033,134.11 1,174,769.77
19 16,933,288.46 1,950,424.83 1,214,074.08
20 13,630,664.25 1,501,970.36 1,099,983.62
21 11,615,990.49 1,648,511.42 1,088,535.08
22 13,092,324.51 1,776,448.27 1,169,091.92
23 11,232,100.50 4,351,591.81 1,083,748.76
24 7,159,425.05 8,474,226.90 3,546,717.38
25 7,625,344.74 1,939,281.79 6,027,386.56
26 6,474,197.79 1,877,954.36 1,093,495.17
27 5,801,665.80 1,310,885.80 728,679.12
28 6,271,168.33 1,709,991.69 729,860.78
29 10,408,475.80 1,866,438.64 692,562.53
30 13,333,197.79 1,419,559.74 773,918.02
31 11,243,081.24 1,425,744.25 801,253.81
32 9,016,171.41 984,179.44 716,678.58
33 7,558,229.56 1,066,225.30 713,759.43
34 8,943,656.08 1,317,294.74 776,822.89
35 7,349,893.06 2,699,434.59 668,621.26
36 4,739,530.46 5,117,620.78 2,359,471.39
37 5,755,449.48 1,323,092.21 4,323,865.96
38 4,202,406.50 1,191,865.89 733,315.81
39 3,920,974.52 1,018,617.53 488,036.59
40 3,899,786.81 1,378,650.50 481,442.11
41 6,742,692.44 1,376,262.95 454,941.78
42 9,244,079.15 1,016,376.50 508,371.65
43 7,056,652.42 891,106.55 518,837.30
44 5,278,411.17 635,499.44 473,215.12
45 3,969,937.80 622,934.24 458,376.78
46 4,696,470.31 936,265.16 500,862.18
47 3,092,958.19 2,220,982.12 421,763.05
48 598,970.76 3,986,181.74 1,970,716.45
49 548,843.65 226,181.78 3,456,604.68
50 609,006.48 248,319.17 207,826.23
51 282,829.14 135,184.67 31,422.10
52 272,735.99 354,828.46 31,549.61
53 333,424.16 387,525.89 20,106.33
54 454,262.83 172,106.68 20,106.33
55 436,537.22 258,336.27 39,011.14
56 231,244.66 86,525.29 20,106.33
57 417,604.38 32,074.26 19,728.59
58 152,883.99 59,902.34 18,905.55
59 167,924.28 74,023.32 18,782.05
60 1,132.60 26,633.83 83,730.34
61 90,456.40 0.00 178,448.18
62 0.00 0.00 793.65
63 0.00 0.00 0.00
64 0.00 0.00 0.00
65 0.00 0.00 0.00
66 0.00 0.00 0.00
67 0.00 0.00 0.00
68 0.00 0.00 0.00
69 0.00 0.00 0.00
70 0.00 0.00 0.00
71 0.00 0.00 0.00
72 0.00 0.00 0.00
73 0.00 0.00 0.00
74 0.00 0.00 0.00
75 0.00 0.00 0.00
76 0.00 0.00 0.00
77 0.00 0.00 0.00
78 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 498,190,868.86 112,140,650.94 79,151,065.85
Discount Rate 5.500% 5.500% 5.500%
Beginning Contract Value 472,178,040.30 114,853,007.39 76,350,523.31
Scheduled Contract Value Decline 16,232,117.53 9,491,715.27 3,983,436.70
Unscheduled Contract Value Decline (866,563.35) 3,740,278.89 335,598.03
Additional Contract Value Added 1,100,000,217.38 0.00 0.00 0.00
Ending Contract Value 456,812,486.11 101,621,013.24 72,031,488.58
=====================================================================================================
Page 1
<Page>
CNH EQUIPMENT TRUST 2002-B
$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003
$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005
$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006
$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008
$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010
$33,000,000 4.120% Asset Backed Certificates
Dated Date (30/360) 11/15/2003
Dated Date (act/360) 11/17/2003
Scheduled Payment Date 12/15/2003
Actual Payment Date 12/15/2003
Days in accrual period (30/360) 30
Days in accrual period (act/360) 28
1 month LIBOR Rate 1.1200%
COLLATERAL SUMMARY
Wtd. Average Discount Rate 5.500%
Beginning Contract Value 663,381,571.00
Scheduled Contract Value Decline 29,707,269.50
Unscheduled Contract Value Decline 3,209,313.57
Additional Contract Value Purchased 0.00
Ending Contract Value 630,464,987.93
Beginning Pre-funding Account Balance 0.00
Ending Pre-funding Account Balance 0.00
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 663,381,571.00
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 630,464,987.93
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $1,165,636.80 0.18%
Scheduled Amounts 60 days or more past due $1,161,324.05 0.18%
Net Losses on Liquidated Receivables $38,234.69 0.01%
Cumulative Net Losses $2,063,838.57
Number of Loans at Beginning of Period 36,924
Number of Loans at End of Period 36,161
Repossessed Equipment not Sold or Reassigned (Beginning) $1,178,136.99
Repossessed Equipment not Sold or Reassigned (End) $1,084,246.45
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $35,709,599.12
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 $35,709,599.12
Reinvestment Income (excluding Pre-funding Account) $36,336.02
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 $35,745,935.14
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
==================================================================================================================================
Page 2
<Page>
CNH EQUIPMENT TRUST 2002-B
$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003
$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005
$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006
$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008
$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010
$33,000,000 4.120% Asset Backed Certificates
Actual Payment Date 12/15/2003
CACLULATION OF DISTRIBUTABLE AMOUNTS
Current Servicing Fee Due 1.000% $552,817.98
Past Due Servicing Fee $0.00
Total Servicing Fee Due $552,817.98
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) $663,381,571.00
A-1 notes Beginning Principal balance $0.00
A-2 notes Beginning Principal balance $117,571,669.94
A-3 notes Beginning Principal balance $305,000,000.00
A-4 notes Beginning Principal balance $186,250,000.00
B notes Beginning Principal balance $21,559,901.06
Certificate Beginning Principal balance $33,000,000.00
Coupon/ Swap Adj.
TYPE SPREAD COUPON DAYCOUNT
---- ------ ------ --------
A-1 notes Current Interest Due Fix 1.40625% 1.40625% act/360 $0.00
A-2 notes Current Interest Due Fix 1.86000% 1.86000% 30/360 $182,236.09
A-3 notes Current Interest Due Flt 0.21000% 2.43050% act/360 $315,505.56
A-4 notes Current Interest Due Flt 0.36000% 3.16700% act/360 $214,394.44
B notes Current Interest Due Fix 4.12000% 4.12000% 30/360 $74,022.33
Certificate Current Interest Due Fix 4.12000% 4.12000% 30/360 $113,300.00
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
Certificate 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
Certificate Interest Due on Past Due Interest $0.00
A-1 notes Total Interest Due $0.00
A-2 notes Total Interest Due $182,236.09
A-3 notes Total Interest Due $315,505.56
A-4 notes Total Interest Due $214,394.44
B notes Total Interest Due $74,022.33
Certificate Total Interest Due $113,300.00
1 Month LIBOR
FIXED COUPON
-------------
A-1 Net Swap Payment Due 0.00000% $0.00
A-2 Net Swap Payment Due 0.00000% $0.00
A-3 Net Swap Payment Due 2.22050% $298,688.19
A-4 Net Swap Payment Due 2.80700% $273,425.35
B Net Swap Payment Due 0.00000% $0.00
Certificate Net Swap Payment Due 0.00000% $0.00
A-1 Net Swap Payment Past Due $0.00
A-2 Net Swap Payment Past Due $0.00
A-3 Net Swap Payment Past Due $0.00
A-4 Net Swap Payment Past Due $0.00
B Net Swap Payment Past Due $0.00
Certificate Net Swap Payment Past Due $0.00
A-1 Interest on Swap Payment Past Due $0.00
A-2 Interest on Swap Payment Past Due $0.00
A-3 Interest on Swap Payment Past Due $0.00
A-4 Interest on Swap Payment Past Due $0.00
B Interest on Swap Payment Past Due $0.00
Cert Interest on Swap Payment Past Due $0.00
A-1 Total Net Swap Payment Due $0.00
A-2 Total Net Swap Payment Due $0.00
A-3 Total Net Swap Payment Due $298,688.19
A-4 Total Net Swap Payment Due $273,425.35
B Total Net Swap Payment Due $0.00
Certificate Total Net Swap Payment Due $0.00
A-1 Net Swap Receipt $0.00
A-2 Net Swap Receipt $0.00
A-3 Net Swap Receipt $0.00
A-4 Net Swap Receipt $0.00
B Net Swap Receipt $0.00
Certificate Net Swap Receipt $0.00
A-1 notes Principal Due $0.00
A-2 notes Principal Due $31,846,794.12
A-3 notes Principal Due $0.00
A-4 notes Principal Due $0.00
Class B notes Principal Due $1,069,788.95
Certificate Principal Due $0.00
Total notes Interest Due $786,158.42
Total notes Principal Due $32,916,583.07
Net Swap/Termination Payment Due $572,113.54
Total notes Distributable Amount $34,274,855.03
==================================================================================================================================
Page 3
<Page>
CNH Equipment Trust 2002-B
$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003
$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005
$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006
$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008
$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010
$33,000,000 4.120% Asset Backed Certificates
Actual Payment Date 12/15/2003
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $35,745,935.14
Beginning Negitive Carry Account $0.00
Deposits from Negitive Carry Account to Distribution Account $0.00
Beginning Spread Account Balance $22,000,004.35
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
Total Cash Available $35,745,935.14
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
$35,745,935.14
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$35,745,768.47
Net Swap Payment Paid $572,113.54
Net Swap Payment Shortfall $0.00
Remaining Cash Available to Pay Note Interest & Swap Termination Payment $35,173,654.93
Cash Available to Pay Note Interest $35,173,654.93
Cash Available to Pay Termination Payment $0.00
Class A-1 notes Interest Paid $0.00
Class A-2 notes Interest Paid $182,236.09
Class A-3 notes Interest Paid $315,505.56
Class A-4 notes Interest Paid $214,394.44
$34,461,518.84
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
Swap Termination Payment Paid $0.00
Swap Termination Payment Shortfall $0.00
$34,461,518.84
Class B notes Interest Paid $74,022.33
Class B notes Interest Shortfall $0.00
$34,387,496.51
Class A-1 notes Principal Paid $0.00
Class A-2 notes Principal Paid $31,846,794.12
Class A-3 notes Principal Paid $0.00
Class A-4 notes Principal Paid $0.00
Class B notes Principal Paid $1,069,788.95
$1,470,913.44
Deposits to Spread Account $0.00
$1,470,913.44
Certificate Interest Paid $113,300.00
Certificate Interest Shortfall $0.00
$1,357,613.44
Certificate Principal Paid $0.00
$1,357,613.44
Total Principal Balance of Notes and Certificates (End of Period) $630,464,987.93
A-1 notes Ending Principal balance $0.00
A-2 notes Ending Principal balance $85,724,875.82
A-3 notes Ending Principal balance $305,000,000.00
A-4 notes Ending Principal balance $186,250,000.00
B notes Ending Principal balance $20,490,112.11
Certificate Ending Principal balance $33,000,000.00
Servicing Fee Paid (If CNH is the servicer) $552,817.98
Servicing Fee Shortfall $0.00
Release to Seller as Excess $804,795.46 $804,795.46
===================================================================================================================================
Page 4
<Page>
CNH EQUIPMENT TRUST 2002-B
$270,000,000 Class A-1 1.40625% Asset Backed Notes due December 9, 2003
$270,000,000 Class A-2 1.860% Asset Backed Notes due June 15, 2005
$305,000,000 Class A-3 Floating-Rate Asset Backed Notes due December 15, 2006
$186,250,000 Class A-4 Floating-Rate Asset Backed Notes due April 15, 2008
$35,750,000 Class B 4.120% Asset Backed Notes due May 17, 2010
$33,000,000 4.120% Asset Backed Certificates
Actual Payment Date 12/15/2003
SUMMARY AND FACTORS AMOUNT FACTOR PER/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period) $663,381,571.00 0.6030742 $603.07
A-1 notes Beginning Principal balance ($0.00) (0.0000000) ($0.00)
A-2 notes Beginning Principal balance $117,571,669.94 0.4354506 $435.45
A-3 notes Beginning Principal balance $305,000,000.00 1.0000000 $1,000.00
A-4 notes Beginning Principal balance $186,250,000.00 1.0000000 $1,000.00
B notes Beginning Principal balance $21,559,901.06 0.6030742 $603.07
Certificate Beginning Principal balance $33,000,000.00 1.0000000 $1,000.00
Total Principal Balance of Notes and Certificates (End of Period) $630,464,987.93 0.5731500 $573.15
A-1 notes Ending Principal balance $270,000,000.00 ($0.00) (0.0000000) ($0.00)
A-2 notes Ending Principal balance $270,000,000.00 $85,724,875.82 0.3174995 $317.50
A-3 notes Ending Principal balance $305,000,000.00 $305,000,000.00 1.0000000 $1,000.00
A-4 notes Ending Principal balance $186,250,000.00 93.75% $186,250,000.00 1.0000000 $1,000.00
B notes Ending Principal balance $35,750,000.00 3.25% $20,490,112.11 0.5731500 $573.15
Certificate Ending Principal balance $33,000,000.00 3.00% $33,000,000.00 1.0000000 $1,000.00
Class A-1 notes Interest Paid ($0.00) (0.0000000) ($0.00)
Class A-2 notes Interest Paid $182,236.09 0.0006749 $0.67
Class A-3 notes Interest Paid $315,505.56 0.0010344 $1.03
Class A-4 notes Interest Paid $214,394.44 0.0011511 $1.15
Class B notes Interest Paid $74,022.33 0.0020706 $2.07
Certificate Interest Paid $113,300.00 0.0034333 $3.43
Class A-1 notes Interest Shortfall $0.00 0.0000000 $0.00
Class A21 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
Certificate 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 $31,846,794.12 0.1179511 $117.95
Class A-3 notes Principal Paid $0.00 0.0000000 $0.00
Class A-4 notes Principal Paid $0.00 0.0000000 $0.00
Class B notes Principal Paid $1,069,788.95 0.0299242 $29.92
Certificate Principal Paid $0.00 0.0000000 $0.00
NEGITIVE CARRY ACCOUNT
Negitive Carry 1.25000% 11/19/2002 1.3135%
Negitive Carry Days Remaining 5/15/2003 0
Required Negitive Carry Account $0.00
Beginning Negitive Carry Account $0.00
Negitive Carry Account Withdrawls to Distribution Account $0.00
Negitive Carry Released to Seller $0.00
Ending Negitive Carry Account Balance $0.00
SPREAD ACCOUNT
Required Spread Account Deposit (Add Loans) 2.00% $0.00
Required Spread Account Target 2.50% $15,761,624.70
Required Spread Account Floor 2.00% $22,000,004.35
Required Spread Account $22,000,004.35
Beginning Spread Account Balance $22,000,004.35
Additional Deposit to Spread Account from Pre-funding $0.00
Spread Account Withdrawls to Distribution Account $0.00
Spread Account Deposits from Excess Cash $0.00
Spread Account Released to Seller $0.00
Ending Spread Account Balance $22,000,004.35
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 Withdrawls 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
Ending Pre-funding Account Balance $0.00
Release to seller $0.00
Total Release to Seller $1,357,780.11
</Table>
Page 5
<Page>
<Table>
CNH EQUIPMENT TRUST 2003-A
$228,000,000 Class A-1 1.26250% Asset Backed Notes due June 11, 2004
$251,000,000 Class A-2 1.460% Asset Backed Notes due February 15, 2006
$150,000,000 Class A-3a Floating-Rate Asset Backed Notes due July 16, 2007
$108,000,000 Class A-3b 1.890% Asset Backed Notes due July 16, 2007
$107,000,000 Class A-4a Floating-Rate Asset Backed Notes due September 15, 2009
$96,000,000 Class A-4b 2.570% Asset Backed Notes due September 15, 2009
$32,500,000 Class B 3.130% Asset Backed Notes due November 15, 2010
$27,500,000 3.130% Asset Backed Certificates
Please contact Kim Zier at 262-636-6644 with any questions regarding this report or email abs@cnh.com
For additional information consult http://investors.cnh.com
1 2 3 4
7 7 7 7
----------------------------------------------------------------
Cutoff Date 11/30/2003
----------------------------------------------------------------
Date Added 4/30/2003 5/31/2003 6/30/2003 7/31/2003
----------------------------------------------------------------
Pool PERIOD POOL 1 POOL 2 POOL 3 POOL 4
Scheduled Cashflows 0 4,902,460.15 807,223.58 1,119,708.78 207,380.23
1 19,657,773.04 2,196,111.20 3,683,763.49 722,781.82
2 20,430,083.47 2,478,387.57 3,159,547.44 759,755.32
3 19,550,422.55 2,138,569.14 3,001,222.71 535,668.70
4 25,943,576.48 2,102,206.43 3,059,464.89 558,324.77
5 21,421,781.27 7,909,644.92 3,156,922.67 580,565.27
6 9,670,519.02 9,454,726.34 9,665,558.10 615,937.69
7 9,661,420.52 2,039,808.17 11,950,139.20 2,336,339.64
8 8,873,465.02 2,043,605.80 3,013,268.47 2,307,962.18
9 8,503,561.95 2,156,678.55 3,129,514.81 568,254.76
10 9,441,734.06 2,040,158.41 3,051,598.41 716,629.85
11 8,020,194.45 2,357,957.88 3,015,286.42 565,704.44
12 8,288,574.13 2,439,723.40 3,519,851.64 516,444.81
13 14,616,202.58 2,484,281.78 4,217,008.39 795,234.43
14 14,967,420.20 2,427,686.50 3,148,111.13 702,325.09
15 14,936,504.83 2,091,243.24 2,944,196.73 511,823.61
16 20,407,776.77 2,039,331.14 2,991,410.94 529,099.85
17 16,098,240.59 7,659,269.22 3,061,565.70 550,678.33
18 5,904,199.34 9,300,602.62 9,432,650.02 582,795.61
19 6,189,575.29 1,862,186.70 11,585,111.71 2,285,321.47
20 6,010,315.18 1,839,936.93 2,715,343.25 2,220,923.38
21 6,035,378.51 1,927,443.56 2,808,719.45 522,352.93
22 6,959,537.71 1,832,886.71 2,731,616.41 638,906.98
23 6,276,484.47 2,135,885.61 2,690,643.81 516,190.74
24 6,262,977.10 2,218,196.57 3,224,793.30 467,048.87
25 12,266,177.71 2,264,244.74 3,861,288.83 692,682.46
26 12,752,465.46 2,143,758.25 2,834,205.09 644,392.91
27 13,306,505.41 1,902,618.42 2,654,982.78 459,009.25
28 18,333,472.87 1,825,181.08 2,677,809.03 475,886.18
29 13,846,583.42 7,322,315.91 2,750,409.76 492,345.74
30 4,008,325.71 8,720,023.19 8,949,164.40 525,471.01
31 4,286,098.00 1,172,251.17 10,673,742.76 2,337,413.92
32 4,044,963.97 1,141,104.67 1,620,639.14 2,061,579.24
33 4,169,680.28 1,157,604.08 1,759,669.16 346,305.63
34 4,753,600.00 1,151,024.74 1,624,950.73 448,646.03
35 4,287,789.23 1,398,834.07 1,658,372.70 333,420.61
36 4,394,960.34 1,443,595.77 2,021,524.65 306,217.65
37 9,199,073.46 1,524,395.25 2,567,809.24 491,284.36
38 9,476,109.25 1,411,345.57 1,802,943.83 474,318.40
39 10,437,601.23 1,215,925.94 1,677,484.06 303,650.28
40 14,180,553.74 1,186,080.47 1,662,171.50 312,220.70
41 10,560,841.22 5,392,334.89 1,736,401.55 332,138.74
42 2,771,806.76 6,216,425.32 6,113,689.31 339,751.40
43 2,923,333.44 870,951.38 7,239,233.18 1,591,354.53
44 2,776,275.66 837,703.81 1,159,163.49 1,376,914.06
45 2,857,025.74 851,884.12 1,286,192.84 260,082.62
46 3,221,330.18 862,057.53 1,172,644.92 282,710.75
47 3,169,124.20 1,064,790.08 1,276,395.70 430,134.24
48 3,412,330.57 1,227,139.42 1,521,950.24 216,327.70
49 8,238,572.07 1,219,114.61 2,144,989.78 441,649.17
50 7,357,131.73 1,376,117.04 1,328,575.53 368,364.56
51 8,118,336.86 937,823.13 1,187,477.28 201,171.18
52 11,220,067.54 909,281.59 1,149,240.13 229,968.05
53 7,365,052.22 4,711,021.23 1,284,417.64 279,915.66
54 718,225.79 5,144,289.81 5,171,317.54 273,647.98
55 211,101.60 121,619.08 6,004,405.45 1,397,911.98
56 249,225.67 73,825.40 357,304.71 1,250,031.14
57 238,436.00 63,610.40 115,242.72 13,719.84
58 394,018.92 63,523.78 99,814.77 67,619.18
59 352,530.17 106,357.33 107,634.99 16,967.26
60 362,612.77 140,551.39 142,459.13 6,899.79
61 631,558.07 99,909.36 210,463.47 19,269.96
62 708,936.21 160,572.74 114,387.31 24,469.11
63 800,860.25 90,359.57 129,295.05 6,899.79
64 1,161,984.31 72,582.78 100,538.25 6,899.79
65 797,336.75 686,332.33 89,759.36 24,254.22
66 0.00 368,232.97 621,491.81 6,899.79
67 0.00 0.00 209,144.15 201,728.90
68 0.00 0.00 0.00 108,148.78
69 0.00 0.00 0.00 0.00
70 0.00 0.00 0.00 0.00
71 0.00 0.00 0.00 0.00
72 0.00 0.00 0.00 0.00
73 0.00 0.00 0.00 0.00
74 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00
77 0.00 0.00 0.00 0.00
78 0.00 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 523,392,193.46 148,632,466.38 198,947,815.83 41,795,145.31
Discount Rate 5.400% 5.400% 5.400% 5.400%
Beginning Contract Value 489,463,189.76 136,737,982.50 182,296,108.29 37,842,865.43
Scheduled Contract Value Decline 12,680,233.06 2,194,896.46 3,023,328.01 405,522.55
Unscheduled Contract Value Decline 1,558,320.77 1,265,128.85 813,492.17 145,346.90
Additional Contract Value Added 1,000,000,000.29 0.00 0.00 0.00 0.00
Ending Contract Value 475,224,635.93 133,277,957.20 178,459,288.11 37,291,995.98
====================================================================================================================
Page 1
<Page>
CNH EQUIPMENT TRUST 2003-A
$228,000,000 Class A-1 1.26250% Asset Backed Notes due June 11, 2004
$251,000,000 Class A-2 1.460% Asset Backed Notes due February 15, 2006
$150,000,000 Class A-3a Floating-Rate Asset Backed Notes due July 16, 2007
$108,000,000 Class A-3b 1.890% Asset Backed Notes due July 16, 2007
$107,000,000 Class A-4a Floating-Rate Asset Backed Notes due September 15, 2009
$96,000,000 Class A-4b 2.570% Asset Backed Notes due September 15, 2009
$32,500,000 Class B 3.130% Asset Backed Notes due November 15, 2010
$27,500,000 3.130% Asset Backed Certificates
Dated Date (30/360) 11/15/2003
Dated Date (act/360) 11/17/2003
Scheduled Payment Date 12/15/2003
Actual Payment Date 12/15/2003
Days in accrual period (30/360) 30
Days in accrual period (act/360) 28
1 month LIBOR Rate 1.12000%
COLLATERAL SUMMARY
Wtd. Average Discount Rate 5.400%
Beginning Contract Value 846,340,145.98
Scheduled Contract Value Decline 18,303,980.07
Unscheduled Contract Value Decline 3,782,288.69
Additional Contract Value Purchased 0.00
Ending Contract Value 824,253,877.22
Beginning Pre-funding Account Balance 0.00
Ending Pre-funding Account Balance 0.00
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 846,340,145.98
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 824,253,877.22
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $755,093.54 0.09%
Scheduled Amounts 60 days or more past due $525,639.67 0.06%
Net Losses on Liquidated Receivables $118,404.03 0.01%
Cumulative Net Losses $797,346.98
Number of Loans at Beginning of Period 45,620
Number of Loans at End of Period 44,644
Repossessed Equipment not Sold or Reassigned (Beginning) $612,229.53
Repossessed Equipment not Sold or Reassigned (End) $509,554.87
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $25,854,021.99
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 $25,854,021.99
Reinvestment Income (excluding Pre-funding Account) $30,387.91
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 $25,884,409.90
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
==================================================================================================================================
Page 2
<Page>
CNH EQUIPMENT TRUST 2003-A
$228,000,000 Class A-1 1.26250% Asset Backed Notes due June 11, 2004
$251,000,000 Class A-2 1.460% Asset Backed Notes due February 15, 2006
$150,000,000 Class A-3a Floating-Rate Asset Backed Notes due July 16, 2007
$108,000,000 Class A-3b 1.890% Asset Backed Notes due July 16, 2007
$107,000,000 Class A-4a Floating-Rate Asset Backed Notes due September 15, 2009
$96,000,000 Class A-4b 2.570% Asset Backed Notes due September 15, 2009
$32,500,000 Class B 3.130% Asset Backed Notes due November 15, 2010
$27,500,000 3.130% Asset Backed Certificates
Actual Payment Date 12/15/2003
CACLULATION OF DISTRIBUTABLE AMOUNTS
Current Servicing Fee Due 1.000% $705,283.45
Past Due Servicing Fee $0.00
Total Servicing Fee Due $705,283.45
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) $846,340,145.98
A-1 notes Beginning Principal balance $79,334,091.24
A-2 notes Beginning Principal balance $251,000,000.00
A-3a notes Beginning Principal balance $150,000,000.00
A-3b notes Beginning Principal balance $108,000,000.00
A-4a notes Beginning Principal balance $107,000,000.00
A-4b notes Beginning Principal balance $96,000,000.00
B notes Beginning Principal balance $27,506,054.74
Certificate Beginning Principal balance $27,500,000.00
COUPON/ SWAP ADJ.
TYPE SPREAD COUPON DAYCOUNT
---- ------ -------- --------
A-1 notes Current Interest Due Fix 1.26250% 1.26250% act/360 $77,901.67
A-2 notes Current Interest Due Fix 1.46000% 1.46000% 30/360 $305,383.33
A-3a notes Current Interest Due Flt 0.18000% 1.86300% act/360 $151,666.67
A-3b notes Current Interest Due Fix 1.89000% 1.89000% 30/360 $170,100.00
A-4a notes Current Interest Due Flt 0.28000% 2.55700% act/360 $116,511.11
A-4b notes Current Interest Due Fix 2.57000% 2.57000% 30/360 $205,600.00
B notes Current Interest Due Fix 3.13000% 3.13000% 30/360 $71,744.96
Certificate Current Interest Due Fix 3.13000% 3.13000% 30/360 $71,729.17
A-1 notes Past Due Interest $0.00
A-2 notes Past Due Interest $0.00
A-3a notes Past Due Interest $0.00
A-3b notes Past Due Interest $0.00
A-4a notes Past Due Interest $0.00
A-4b notes Past Due Interest $0.00
B notes Past Due Interest $0.00
Certificate 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-3a notes Interest Due on Past Due Interest $0.00
A-3b notes Interest Due on Past Due Interest $0.00
A-4a notes Interest Due on Past Due Interest $0.00
A-4b notes Interest Due on Past Due Interest $0.00
B notes Interest Due on Past Due Interest $0.00
Certificate Interest Due on Past Due Interest $0.00
A-1 notes Total Interest Due $77,901.67
A-2 notes Total Interest Due $305,383.33
A-3a notes Total Interest Due $151,666.67
A-3b notes Total Interest Due $170,100.00
A-4a notes Total Interest Due $116,511.11
A-4b notes Total Interest Due $205,600.00
B notes Total Interest Due $71,744.96
Certificate Total Interest Due $71,729.17
1 MONTH LIBOR
FIXED COUPON
-------------
A-1 Net Swap Payment Due 0.00000% $0.00
A-2 Net Swap Payment Due 0.00000% $0.00
A-3a Net Swap Payment Due 1.68300% $79,708.33
A-3b Net Swap Payment Due 0.00000% $0.00
A-4a Net Swap Payment Due 2.27700% $109,823.61
A-4b Net Swap Payment Due 0.00000% $0.00
B Net Swap Payment Due 0.00000% $0.00
Certificate Net Swap Payment Due 0.00000% $0.00
A-1 Net Swap Payment Past Due $0.00
A-2 Net Swap Payment Past Due $0.00
A-3a Net Swap Payment Past Due $0.00
A-3b Net Swap Payment Past Due $0.00
A-4a Net Swap Payment Past Due $0.00
A-4b Net Swap Payment Past Due $0.00
B Net Swap Payment Past Due $0.00
Certificate Net Swap Payment Past Due $0.00
A-1 Interest on Swap Payment Past Due $0.00
A-2 Interest on Swap Payment Past Due $0.00
A-3a Interest on Swap Payment Past Due $0.00
A-3b Interest on Swap Payment Past Due $0.00
A-4z Interest on Swap Payment Past Due $0.00
A-4b Interest on Swap Payment Past Due $0.00
B Interest on Swap Payment Past Due $0.00
Cert Interest on Swap Payment Past Due $0.00
A-1 Total Net Swap Payment Due $0.00
A-2 Total Net Swap Payment Due $0.00
A-3a Total Net Swap Payment Due $79,708.33
A-3b Total Net Swap Payment Due $0.00
A-4a Total Net Swap Payment Due $109,823.61
A-4b Total Net Swap Payment Due $0.00
B Total Net Swap Payment Due $0.00
Certificate Total Net Swap Payment Due $0.00
A-1 Net Swap Receipt $0.00
A-2 Net Swap Receipt $0.00
A-3a Net Swap Receipt $0.00
A-3b Net Swap Receipt $0.00
A-4a Net Swap Receipt $0.00
A-4b Net Swap Receipt $0.00
B Net Swap Receipt $0.00
Certificate Net Swap Receipt $0.00
A-1 notes Principal Due $21,368,465.03
A-2 notes Principal Due $0.00
A-3a notes Principal Due $0.00
A-3b notes Principal Due $0.00
A-4a notes Principal Due $0.00
A-4b notes Principal Due $0.00
Class B notes Principal Due $717,803.73
Certificate Principal Due $0.00
Total notes Interest Due $1,098,907.74
Total notes Principal Due $22,086,268.76
Net Swap/Termination Payment Due $189,531.94
Total notes Distributable Amount $23,374,708.45
==================================================================================================================================
Page 3
<Page>
CNH Equipment Trust 2003-A
$228,000,000 Class A-1 1.26250% Asset Backed Notes due June 11, 2004
$251,000,000 Class A-2 1.460% Asset Backed Notes due February 15, 2006
$150,000,000 Class A-3a Floating-Rate Asset Backed Notes due July 16, 2007
$108,000,000 Class A-3b 1.890% Asset Backed Notes due July 16, 2007
$107,000,000 Class A-4a Floating-Rate Asset Backed Notes due September 15, 2009
$96,000,000 Class A-4b 2.570% Asset Backed Notes due September 15, 2009
$32,500,000 Class B 3.130% Asset Backed Notes due November 15, 2010
$27,500,000 3.130% Asset Backed Certificates
Actual Payment Date 12/15/2003
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $25,884,409.90
Beginning Negitive Carry Account $0.00
Deposits from Negitive Carry Account to Distribution Account $0.00
Beginning Spread Account Balance $21,158,503.65
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
Total Cash Available $25,884,409.90
CASH ALLOCATION (CASHFLOW WATERFALL) AVAILABLE
CASH
---------
Servicing Fee Paid $705,283.45
Servicing Fee Shortfall $0.00
$25,179,126.45
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$25,178,959.78
Net Swap Payment Paid $189,531.94
Net Swap Payment Shortfall $0.00
Remaining Cash Available to Pay Note Interest & Swap Termination Payment $24,989,427.84
Cash Available to Pay Note Interest $24,989,427.84
Cash Available to Pay Termination Payment $0.00
Class A-1 notes Interest Paid $77,901.67
Class A-2 notes Interest Paid $305,383.33
Class A-3a notes Interest Paid $151,666.67
Class A-3b notes Interest Paid $170,100.00
Class A-4a notes Interest Paid $116,511.11
Class A-4b notes Interest Paid $205,600.00
$23,962,265.05
Class A-1 notes Interest Shortfall $0.00
Class A-2 notes Interest Shortfall $0.00
Class A-3a notes Interest Shortfall
Class A-3b notes Interest Shortfall $0.00
Class A-4a notes Interest Shortfall
Class A-4b notes Interest Shortfall $0.00
Swap Termination Payment Paid $0.00
Swap Termination Payment Shortfall $0.00
$23,962,265.05
Class B notes Interest Paid $71,744.96
Class B notes Interest Shortfall $0.00
$23,890,520.09
Class A-1 notes Principal Paid $21,368,465.03
Class A-2 notes Principal Paid $0.00
Class A-3a notes Principal Paid $0.00
Class A-3b notes Principal Paid $0.00
Class A-4a notes Principal Paid $0.00
Class A-4b notes Principal Paid $0.00
Class B notes Principal Paid $717,803.73
$1,804,251.33
Deposits to Spread Account $0.00
$1,804,251.33
Certificate Interest Paid $71,729.17
Certificate Interest Shortfall $0.00
$1,732,522.17
Certificate Principal Paid $0.00
$1,732,522.17
Total Principal Balance of Notes and Certificates (End of Period) $824,253,877.22
A-1 notes Ending Principal balance $57,965,626.21
A-2 notes Ending Principal balance $251,000,000.00
A-3a notes Ending Principal balance $150,000,000.00
A-3b notes Ending Principal balance $108,000,000.00
A-4a notes Ending Principal balance $107,000,000.00
A-4b notes Ending Principal balance $96,000,000.00
B notes Ending Principal balance $26,788,251.01
Certificate Ending Principal balance $27,500,000.00
Release to Seller as Excess $1,732,522.17 $1,732,522.17
==================================================================================================================================
Page 4
<Page>
CNH EQUIPMENT TRUST 2003-A
$228,000,000 Class A-1 1.26250% Asset Backed Notes due June 11, 2004
$251,000,000 Class A-2 1.460% Asset Backed Notes due February 15, 2006
$150,000,000 Class A-3a Floating-Rate Asset Backed Notes due July 16, 2007
$108,000,000 Class A-3b 1.890% Asset Backed Notes due July 16, 2007
$107,000,000 Class A-4a Floating-Rate Asset Backed Notes due September 15, 2009
$96,000,000 Class A-4b 2.570% Asset Backed Notes due September 15, 2009
$32,500,000 Class B 3.130% Asset Backed Notes due November 15, 2010
$27,500,000 3.130% Asset Backed Certificates
Actual Payment Date 12/15/2003
SUMMARY AND FACTORS AMOUNT FACTOR PER/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period) $846,340,145.98 0.8463401 $846.34
A-1 notes Beginning Principal balance $79,334,091.24 0.3479565 $347.96
A-2 notes Beginning Principal balance $251,000,000.00 1.0000000 $1,000.00
A-3a notes Beginning Principal balance $150,000,000.00 1.0000000 $1,000.00
A-3b notes Beginning Principal balance $108,000,000.00 1.0000000 $1,000.00
A-4a notes Beginning Principal balance $107,000,000.00 1.0000000 $1,000.00
A-4b notes Beginning Principal balance $96,000,000.00 1.0000000 $1,000.00
B notes Beginning Principal balance $27,506,054.74 0.8463401 $846.34
Certificate Beginning Principal balance $27,500,000.00 1.0000000 $1,000.00
Total Principal Balance of Notes and Certificates (End of Period) $824,253,877.22 0.8242539 $824.25
A-1 notes Ending Principal balance $228,000,000.00 $57,965,626.21 0.2542352 $254.24
A-2 notes Ending Principal balance PRO RATA % $251,000,000.00 $251,000,000.00 1.0000000 $1,000.00
----------
A-3a notes Ending Principal balance 58.14% $150,000,000.00 $150,000,000.00 1.0000000 $1,000.00
A-3b notes Ending Principal balance 41.86% $108,000,000.00 $108,000,000.00 1.0000000 $1,000.00
A-4a notes Ending Principal balance 52.71% $107,000,000.00 $107,000,000.00 1.0000000 $1,000.00
A-4b notes Ending Principal balance 47.29% $96,000,000.00 94.00% $96,000,000.00 1.0000000 $1,000.00
B notes Ending Principal balance $32,500,000.00 3.25% $26,788,251.01 0.8242539 $824.25
Certificate Ending Principal balance $27,500,000.00 2.75% $27,500,000.00 1.0000000 $1,000.00
Class A-1 notes Interest Paid $77,901.67 0.0003417 $0.34
Class A-2 notes Interest Paid $305,383.33 0.0012167 $1.22
Class A-3a notes Interest Paid $151,666.67 0.0010111 $1.01
Class A-3b notes Interest Paid $170,100.00 0.0015750 $1.58
Class A-4a notes Interest Paid $116,511.11 0.0010889 $1.09
Class A-4b notes Interest Paid $205,600.00 0.0021417 $2.14
Class B notes Interest Paid $71,744.96 0.0022075 $2.21
Certificate Interest Paid $71,729.17 0.0026083 $2.61
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-3a notes Interest Shortfall $0.00 0.0000000 $0.00
Class A-3b notes Interest Shortfall $0.00 0.0000000 $0.00
Class A-4a notes Interest Shortfall $0.00 0.0000000 $0.00
Class A-4b notes Interest Shortfall $0.00 0.0000000 $0.00
Class B notes Interest Shortfall $0.00 0.0000000 $0.00
Certificate Interest Shortfall $0.00 0.0000000 $0.00
Class A-1 notes Principal Paid $21,368,465.03 0.0937213 $93.72
Class A-2 notes Principal Paid $0.00 0.0000000 $0.00
Class A-3a notes Principal Paid $0.00 0.0000000 $0.00
Class A-3b notes Principal Paid $0.00 0.0000000 $0.00
Class A-4a notes Principal Paid $0.00 0.0000000 $0.00
Class A-4b notes Principal Paid $0.00 0.0000000 $0.00
Class B notes Principal Paid $717,803.73 0.0220863 $22.09
Certificate Principal Paid $0.00 0.0000000 $0.00
NEGITIVE CARRY ACCOUNT
Negitive Carry 0.75000% 5/22/2003 1.1281%
Negitive Carry Days Remaining 11/15/2003 0
Required Negitive Carry Account $0.00
Beginning Negitive Carry Account $0.00
Negitive Carry Account Withdrawls to Distribution Account $0.00
Negitive Carry Released to Seller $0.00
Ending Negitive Carry Account Balance $0.00
SPREAD ACCOUNT
Required Spread Account Deposit (Add Loans) 2.00% $0.00
Required Spread Account Target 2.50% $20,606,346.93
Required Spread Account Floor 2.00% $20,000,000.01
Required Spread Account $20,606,346.93
Beginning Spread Account Balance $21,158,503.65
Additional Deposit to Spread Account from Pre-funding $0.00
Spread Account Withdrawls to Distribution Account $0.00
Spread Account Deposits from Excess Cash $0.00
Spread Account Released to Seller $552,156.72
Ending Spread Account Balance $20,606,346.93
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 Withdrawls 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
Ending Pre-funding Account Balance $0.00
Release to seller $0.00
Total Release to Seller $2,990,129.01
</Table>
Page 5
<Page>
<Table>
CNH EQUIPMENT TRUST 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Please contact Kim Zier at 262-636-6644 with any questions regarding this report or email abs@cnh.com
For additional information consult http://investors.cnh.com
1 2 3 4
1 1 1 1
-----------------------------------------------------------------
Cutoff Date 11/30/2003
-----------------------------------------------------------------
Date Added 10/31/2003 11/30/2003 12/31/2003 1/31/2004
-----------------------------------------------------------------
Pool PERIOD POOL 1 POOL 2 POOL 3 POOL 4
Scheduled Cashflows 0 3,262,721.43 384,151.75 0.00 0.00
1 12,233,675.31 1,380,378.29 0.00 0.00
2 12,006,137.90 1,659,815.91 0.00 0.00
3 10,586,227.72 1,492,678.13 0.00 0.00
4 10,754,451.32 1,528,293.59 0.00 0.00
5 10,932,851.48 1,922,536.39 0.00 0.00
6 10,341,338.34 1,644,162.03 0.00 0.00
7 16,521,386.69 1,408,220.31 0.00 0.00
8 20,624,017.51 1,454,928.71 0.00 0.00
9 25,079,846.95 1,490,391.76 0.00 0.00
10 36,207,670.33 2,376,833.32 0.00 0.00
11 23,238,954.36 8,389,989.54 0.00 0.00
12 12,621,856.68 8,052,458.27 0.00 0.00
13 12,852,812.95 1,945,528.62 0.00 0.00
14 11,147,562.71 1,764,463.24 0.00 0.00
15 9,249,929.76 1,391,258.43 0.00 0.00
16 9,485,713.37 1,443,787.51 0.00 0.00
17 9,587,106.57 1,795,878.16 0.00 0.00
18 8,709,713.45 1,526,233.64 0.00 0.00
19 13,966,345.94 1,310,524.02 0.00 0.00
20 18,451,589.67 1,347,058.05 0.00 0.00
21 22,302,378.84 1,350,490.26 0.00 0.00
22 31,250,124.16 2,218,212.86 0.00 0.00
23 20,275,902.05 7,912,847.39 0.00 0.00
24 10,285,197.78 7,789,173.57 0.00 0.00
25 10,862,718.57 1,785,160.50 0.00 0.00
26 9,546,539.80 1,582,928.87 0.00 0.00
27 7,957,375.25 1,208,366.91 0.00 0.00
28 8,266,452.00 1,266,911.86 0.00 0.00
29 8,266,517.30 1,590,021.96 0.00 0.00
30 7,429,141.90 1,298,346.24 0.00 0.00
31 12,366,826.03 1,090,690.73 0.00 0.00
32 16,357,244.87 1,109,116.86 0.00 0.00
33 19,630,549.29 1,117,341.92 0.00 0.00
34 27,912,492.17 1,959,288.26 0.00 0.00
35 17,466,993.80 7,593,512.27 0.00 0.00
36 7,391,590.69 7,338,946.72 0.00 0.00
37 7,863,064.71 1,435,705.70 0.00 0.00
38 6,632,694.80 1,163,517.62 0.00 0.00
39 5,251,662.54 885,645.01 0.00 0.00
40 5,500,369.84 940,191.85 0.00 0.00
41 5,667,351.30 1,242,426.51 0.00 0.00
42 4,856,134.45 977,603.61 0.00 0.00
43 8,186,769.56 788,266.33 0.00 0.00
44 11,474,091.81 784,716.66 0.00 0.00
45 14,718,133.90 805,991.83 0.00 0.00
46 21,429,520.37 1,557,120.24 0.00 0.00
47 13,224,498.35 6,163,109.07 0.00 0.00
48 5,478,807.80 6,047,761.95 0.00 0.00
49 5,943,757.98 1,140,714.00 0.00 0.00
50 5,065,839.44 887,287.94 0.00 0.00
51 3,790,197.18 601,872.25 0.00 0.00
52 3,728,988.03 720,388.74 0.00 0.00
53 3,909,512.87 947,763.85 0.00 0.00
54 3,342,530.07 699,075.89 0.00 0.00
55 6,561,023.79 522,324.94 0.00 0.00
56 10,487,228.23 561,426.73 0.00 0.00
57 12,665,069.31 553,100.54 0.00 0.00
58 18,491,003.50 1,280,324.77 0.00 0.00
59 9,254,614.89 5,675,721.94 0.00 0.00
60 1,276,579.11 5,865,227.25 0.00 0.00
61 1,163,683.07 143,357.54 0.00 0.00
62 636,689.72 165,005.06 0.00 0.00
63 501,216.89 50,648.02 0.00 0.00
64 392,604.77 77,521.19 0.00 0.00
65 598,517.60 110,937.05 0.00 0.00
66 364,790.58 77,296.38 0.00 0.00
67 706,115.31 79,104.26 0.00 0.00
68 990,634.77 57,182.77 0.00 0.00
69 1,256,064.64 70,047.18 0.00 0.00
70 2,088,468.27 176,844.56 0.00 0.00
71 1,131,052.32 807,066.04 0.00 0.00
72 0.00 772,807.53 0.00 0.00
73 0.00 0.00 0.00 0.00
74 0.00 0.00 0.00 0.00
75 0.00 0.00 0.00 0.00
76 0.00 0.00 0.00 0.00
77 0.00 0.00 0.00 0.00
78 0.00 0.00 0.00 0.00
Total Amount of Scheduled Cashflow TOTAL 740,059,236.71 138,756,029.65 0.00 0.00
Discount Rate 5.750% 5.750% 5.750% 5.750%
Beginning Contract Value 664,398,453.34 0.00 0.00 0.00
Scheduled Contract Value Decline 8,398,665.27 0.00 0.00 0.00
Unscheduled Contract Value Decline 3,018,067.57 0.00 0.00 0.00
Additional Contract Value Added 784,972,368.70 0.00 120,573,915.36 0.00 0.00
Ending Contract Value 652,981,720.50 120,573,915.36 0.00 0.00
====================================================================================================================
Page 1
<Page>
CNH EQUIPMENT TRUST 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Dated Date (30/360) 11/25/2003
Dated Date (act/360) 11/25/2003
Scheduled Payment Date 12/15/2003
Actual Payment Date 12/15/2003
Days in accrual period (30/360) 20
Days in accrual period (act/360) 20
1 month LIBOR Rate 1.12000%
COLLATERAL SUMMARY
Wtd. Average Discount Rate 5.750%
Beginning Contract Value 664,398,453.34
Scheduled Contract Value Decline 8,398,665.27
Unscheduled Contract Value Decline 3,018,067.57
Additional Contract Value Purchased 120,573,915.36
Ending Contract Value 773,555,635.86
Beginning Pre-funding Account Balance 485,601,546.66
Ending Pre-funding Account Balance 365,027,631.30
Total Beginning Balance (Pool Balance + Pre-funding Account Balance) 1,150,000,000.00
Total Ending Balance (Pool Balance + Pre-funding Account Balance) 1,138,583,267.16
COLLATERAL PERFORMANCE
Scheduled Amounts 30 - 59 days past due $244,205.01 0.03%
Scheduled Amounts 60 days or more past due $132,871.96 0.02%
Net Losses on Liquidated Receivables $23,739.26 0.00%
Cumulative Net Losses $23,739.26
Number of Loans at Beginning of Period 28,899
Number of Loans at End of Period 32,479
Repossessed Equipment not Sold or Reassigned (Beginning) $0.00
Repossessed Equipment not Sold or Reassigned (End) $110,727.99
COLLECTIONS AND REINVESTMENT INCOME
Receipts During the period $14,630,621.49
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 $14,630,621.49
Reinvestment Income (excluding Pre-funding Account) $3,829.05
Reinvestment Income on Pre-funding Account) $66,068.69
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 $14,700,519.23
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
==================================================================================================================================
Page 2
<Page>
CNH EQUIPMENT TRUST 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Actual Payment Date 12/15/2003
CACLULATION OF DISTRIBUTABLE AMOUNTS
Backup Servicer Engaged? YES
Current Backup Servicing Fee Due $11,073.31
Past Due Backup Servicing Fee $0.00
Total Backup Servicing Fee Due $11,073.31
CNH or SST? CNH
Current Servicing Fee Due $553,665.38
Past Due Servicing Fee $0.00
Total Servicing Fee Due $553,665.38
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) $1,150,000,000.00
A-1 notes Beginning Principal balance $234,000,000.00
A-2 notes Beginning Principal balance $260,000,000.00
A-3a notes Beginning Principal balance $205,500,000.00
A-3b notes Beginning Principal balance $139,500,000.00
A-4a notes Beginning Principal balance $133,200,000.00
A-4b notes Beginning Principal balance $114,500,000.00
B notes Beginning Principal balance $40,300,000.00
Certificate Beginning Principal balance $23,000,000.00
Coupon/ Swap Adj.
TYPE SPREAD COUPON DAYCOUNT
---- ------ -------- --------
A-1 notes Current Interest Due Fix 1.23000% 1.23000% act/360 $159,900.00
A-2 notes Current Interest Due Fix 1.71000% 1.71000% 30/360 $247,000.00
A-3a notes Current Interest Due Flt 0.14000% 2.49500% act/360 $143,850.00 0.0126000
A-3b notes Current Interest Due Fix 2.47000% 2.47000% 30/360 $191,425.00
A-4a notes Current Interest Due Flt 0.23000% 3.37500% act/360 $99,900.00
A-4b notes Current Interest Due Fix 3.38000% 3.38000% 30/360 $215,005.56
B notes Current Interest Due Fix 3.35000% 3.35000% 30/360 $75,002.78
Certificate Current Interest Due Fix 3.35000% 3.35000% 30/360 $42,805.56
A-1 notes Past Due Interest $0.00
A-2 notes Past Due Interest $0.00
A-3a notes Past Due Interest $0.00
A-3b notes Past Due Interest $0.00
A-4a notes Past Due Interest $0.00
A-4b notes Past Due Interest $0.00
B notes Past Due Interest $0.00
Certificate 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-3a notes Interest Due on Past Due Interest $0.00
A-3b notes Interest Due on Past Due Interest $0.00
A-4a notes Interest Due on Past Due Interest $0.00
A-4b notes Interest Due on Past Due Interest $0.00
B notes Interest Due on Past Due Interest $0.00
Certificate Interest Due on Past Due Interest $0.00
A-1 notes Total Interest Due $159,900.00
A-2 notes Total Interest Due $247,000.00
A-3a notes Total Interest Due $143,850.00
A-3b notes Total Interest Due $191,425.00
A-4a notes Total Interest Due $99,900.00
A-4b notes Total Interest Due $215,005.56
B notes Total Interest Due $75,002.78
Certificate Total Interest Due $42,805.56
1 Month LIBOR
FIXED COUPON
-------------
A-1 Net Swap Payment Due 0.00000% $0.00
A-2 Net Swap Payment Due 0.00000% $0.00
A-3a Net Swap Payment Due 2.35500% $142,338.43
A-3b Net Swap Payment Due 0.00000% $0.00
A-4a Net Swap Payment Due 3.14500% $150,783.88
A-4b Net Swap Payment Due 0.00000% $0.00
B Net Swap Payment Due 0.00000% $0.00
Certificate Net Swap Payment Due 0.00000% $0.00
A-1 Net Swap Payment Past Due $0.00
A-2 Net Swap Payment Past Due $0.00
A-3a Net Swap Payment Past Due $0.00
A-3b Net Swap Payment Past Due $0.00
A-4a Net Swap Payment Past Due $0.00
A-4b Net Swap Payment Past Due $0.00
B Net Swap Payment Past Due $0.00
Certificate Net Swap Payment Past Due $0.00
A-1 Interest on Swap Payment Past Due $0.00
A-2 Interest on Swap Payment Past Due $0.00
A-3a Interest on Swap Payment Past Due $0.00
A-3b Interest on Swap Payment Past Due $0.00
A-4z Interest on Swap Payment Past Due $0.00
A-4b Interest on Swap Payment Past Due $0.00
B Interest on Swap Payment Past Due $0.00
Cert Interest on Swap Payment Past Due $0.00
A-1 Total Net Swap Payment Due $0.00
A-2 Total Net Swap Payment Due $0.00
A-3a Total Net Swap Payment Due $142,338.43
A-3b Total Net Swap Payment Due $0.00
A-4a Total Net Swap Payment Due $150,783.88
A-4b Total Net Swap Payment Due $0.00
B Total Net Swap Payment Due $0.00
Certificate Total Net Swap Payment Due $0.00
A-1 Net Swap Receipt $0.00
A-2 Net Swap Receipt $0.00
A-3a Net Swap Receipt $0.00
A-3b Net Swap Receipt $0.00
A-4a Net Swap Receipt $0.00
A-4b Net Swap Receipt $0.00
B Net Swap Receipt $0.00
Certificate Net Swap Receipt $0.00
A-1 notes Principal Due $10,967,147.19
A-2 notes Principal Due $0.00
A-3a notes Principal Due $0.00
A-3b notes Principal Due $0.00
A-4a notes Principal Due $0.00
A-4b notes Principal Due $0.00
Class B Floor $23,132,530.93
Class B notes Principal Due $449,585.65
Reallocated Class B Principal $0.00
Certificate Principal Due $0.00
Total notes Interest Due $1,132,083.33
Total notes Principal Due $11,416,732.84
Net Swap/Termination Payment Due $293,122.31
Total notes Distributable Amount $12,841,938.48
==================================================================================================================================
Page 3
<Page>
CNH Equipment Trust 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Actual Payment Date 12/15/2003
CASH AVAILABLE FOR DISTRIBUTION
Total Collections + Reinvestment Income For The Period $14,700,519.23
Beginning Negitive Carry Account $1,610,247.69
Deposits from Negitive Carry Account to Distribution Account $535,741.80
Beginning Spread Account Balance $13,287,969.07
Additional Deposit to Spread Account from Pre-funding $2,411,478.31
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
Total Cash Available $15,236,261.03
CASH ALLOCATION (CASHFLOW WATERFALL) AVAILABLE
CASH
---------
Backup Servicing Fee Paid $11,073.31
Backup Servicing Fee Shortfall $0.00
15,225,187.72
Servicing Fee Paid $553,665.38
Servicing Fee Shortfall $0.00
$14,671,522.34
Administration Fee Paid $166.67
Administration Fee Shortfall $0.00
$14,671,355.67
Net Swap Payment Paid $293,122.31
Net Swap Payment Shortfall $0.00
Remaining Cash Available to Pay Note Interest & Swap Termination Payment $14,378,233.36
Cash Available to Pay Note Interest $14,378,233.36
Cash Available to Pay Termination Payment $0.00
Class A-1 notes Interest Paid $159,900.00
Class A-2 notes Interest Paid $247,000.00
Class A-3a notes Interest Paid $143,850.00
Class A-3b notes Interest Paid $191,425.00
Class A-4a notes Interest Paid $99,900.00
Class A-4b notes Interest Paid $215,005.56
$13,321,152.80
Class A-1 notes Interest Shortfall $0.00
Class A-2 notes Interest Shortfall $0.00
Class A-3a notes Interest Shortfall $0.00
Class A-3b notes Interest Shortfall $0.00
Class A-4a notes Interest Shortfall $0.00
Class A-4b notes Interest Shortfall $0.00
Swap Termination Payment Paid $0.00
Swap Termination Payment Shortfall $0.00
$13,321,152.80
Class B notes Interest Paid $75,002.78
Class B notes Interest Shortfall $0.00
$13,246,150.03
Class A-1 notes Principal Paid $10,967,147.19
Class A-2 notes Principal Paid $0.00
Class A-3a notes Principal Paid $0.00
Class A-3b notes Principal Paid $0.00
Class A-4a notes Principal Paid $0.00
Class A-4b notes Principal Paid $0.00
Class B notes Principal Paid $449,585.65
$1,829,417.19
Remaining Class B Principal Reallocation Amount $0.00
Reallocated Class A-1 notes Principal Paid $0.00
Remaining Class B Principal Reallocation Amount $0.00 $1,829,417.19
Reallocated Class A-2 notes Principal Paid $0.00
Remaining Class B Principal Reallocation Amount $0.00 $1,829,417.19
Reallocated Class A-3a notes Principal Paid $0.00
Reallocated Class A-3b notes Principal Paid $0.00
Remaining Class B Principal Reallocation Amount $0.00 $1,829,417.19
Reallocated Class A-4a notes Principal Paid $0.00
Reallocated Class A-4b notes Principal Paid $0.00
Remaining Class B Principal Reallocation Amount $0.00 $1,829,417.19
Deposits to Spread Account $1,829,417.19
$0.00
Certificate Interest Paid $0.00
Certificate Interest Shortfall $42,805.56
$0.00
Certificate Principal Paid $0.00
$0.00
Total Principal Balance of Notes and Certificates (End of Period) $1,138,583,267.16
A-1 notes Ending Principal balance $223,032,852.81
A-2 notes Ending Principal balance $260,000,000.00
A-3a notes Ending Principal balance $205,500,000.00
A-3b notes Ending Principal balance $139,500,000.00
A-4a notes Ending Principal balance $133,200,000.00
A-4b notes Ending Principal balance $114,500,000.00
B notes Ending Principal balance $39,850,414.35
Certificate Ending Principal balance $23,000,000.00
Release to Seller as Excess $0.00 $0.00
==================================================================================================================================
Page 4
<Page>
CNH EQUIPMENT TRUST 2003-B
$234,000,000 Class A-1 1.23% Asset Backed Notes due December 13, 2004
$260,000,000 Class A-2 1.71% Asset Backed Notes due May 15, 2006
$205,500,000 Class A-3a Floating-Rate Asset Backed Notes due January 15, 2008
$139,500,000 Class A-3b 2.47% Asset Backed Notes due January 15, 2008
$133,200,000 Class A-4a Floating-Rate Asset Backed Notes due February 15, 2011
$114,500,000 Class A-4b 3.38% Asset Backed Notes due February 15, 2011
$40,300,000 Class B 3.35% Asset Backed Notes due February 15, 2011
$23,000,000 3.35% Asset Backed Certificates
Actual Payment Date 12/15/2003
SUMMARY AND FACTORS AMOUNT FACTOR PER/$1000
------ ------ ---------
Total Principal Balance of Notes and Certificates (Beginning of Period) $1,150,000,000.00 1.0000000 $1,000.00
A-1 notes Beginning Principal balance $234,000,000.00 1.0000000 $1,000.00
A-2 notes Beginning Principal balance $260,000,000.00 1.0000000 $1,000.00
A-3a notes Beginning Principal balance $205,500,000.00 1.0000000 $1,000.00
A-3b notes Beginning Principal balance $139,500,000.00 1.0000000 $1,000.00
A-4a notes Beginning Principal balance $133,200,000.00 1.0000000 $1,000.00
A-4b notes Beginning Principal balance $114,500,000.00 1.0000000 $1,000.00
B notes Beginning Principal balance $40,300,000.00 1.0000000 $1,000.00
Certificate Beginning Principal balance $23,000,000.00 1.0000000 $1,000.00
Total Principal Balance of Notes and Certificates (End of Period) $1,138,583,267.16 0.9900724 $990.07
A-1 notes Ending Principal balance $234,000,000.00 $223,032,852.81 0.9531318 $953.13
A-2 notes Ending Principal balance PRO RATA % $260,000,000.00 $260,000,000.00 1.0000000 $1,000.00
----------
A-3a notes Ending Principal balance 59.57% $205,500,000.00 $205,500,000.00 1.0000000 $1,000.00
A-3b notes Ending Principal balance 40.43% $139,500,000.00 $139,500,000.00 1.0000000 $1,000.00
A-4a notes Ending Principal balance 53.77% $133,200,000.00 $133,200,000.00 1.0000000 $1,000.00
A-4b notes Ending Principal balance 46.23% $114,500,000.00 94.50% $114,500,000.00 1.0000000 $1,000.00
B notes Ending Principal balance $40,300,000.00 3.50% $39,850,414.35 0.9888440 $988.84
Certificate Ending Principal balance $23,000,000.00 2.00% $23,000,000.00 1.0000000 $1,000.00
Class A-1 notes Interest Paid $159,900.00 0.0006833 $0.68
Class A-2 notes Interest Paid $247,000.00 0.0009500 $0.95
Class A-3a notes Interest Paid $143,850.00 0.0007000 $0.70
Class A-3b notes Interest Paid $191,425.00 0.0013722 $1.37
Class A-4a notes Interest Paid $99,900.00 0.0007500 $0.75
Class A-4b notes Interest Paid $215,005.56 0.0018778 $1.88
Class B notes Interest Paid $75,002.78 0.0018611 $1.86
Certificate Interest Paid $0.00 0.0000000 $0.00
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-3a notes Interest Shortfall $0.00 0.0000000 $0.00
Class A-3b notes Interest Shortfall $0.00 0.0000000 $0.00
Class A-4a notes Interest Shortfall $0.00 0.0000000 $0.00
Class A-4b notes Interest Shortfall $0.00 0.0000000 $0.00
Class B notes Interest Shortfall $0.00 0.0000000 $0.00
Certificate Interest Shortfall $42,805.56 0.0018611 $1.86
Class A-1 notes Principal Paid $10,967,147.19 0.0468682 $46.87
Class A-2 notes Principal Paid $0.00 0.0000000 $0.00
Class A-3a notes Principal Paid $0.00 0.0000000 $0.00
Class A-3b notes Principal Paid $0.00 0.0000000 $0.00
Class A-4a notes Principal Paid $0.00 0.0000000 $0.00
Class A-4b notes Principal Paid $0.00 0.0000000 $0.00
Class B notes Principal Paid $449,585.65 0.0111560 $11.16
Certificate Principal Paid $0.00 0.0000000 $0.00
NEGITIVE CARRY ACCOUNT
Negitive Carry 0.75000% 11/25/2003 1.5015%
Negitive Carry Days Remaining 2/15/2004 60
Required Negitive Carry Account $913,485.16
Beginning Negitive Carry Account $1,610,247.69
Negitive Carry Account Withdrawls to Distribution Account $535,741.80
Negitive Carry Released to Seller $161,020.73
Ending Negitive Carry Account Balance $913,485.16
SPREAD ACCOUNT
Required Spread Account Deposit (Add Loans) 2.00% $2,411,478.31
Required Spread Account Target 2.50% $19,338,890.90
Required Spread Account Floor 2.00% $15,699,447.37
Required Spread Account $19,338,890.90
Beginning Spread Account Balance $13,287,969.07
Additional Deposit to Spread Account from Pre-funding $2,411,478.31
Spread Account Withdrawls to Distribution Account $0.00
Spread Account Deposits from Excess Cash $1,829,417.19
Spread Account Released to Seller $0.00
Ending Spread Account Balance $17,528,864.56
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 Withdrawls 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 $485,601,546.66
New Contract Value Purchased $120,573,915.36
Deposits to Spread Account $2,411,478.31
Deposits to Principal Supplement Account $0.00
Ending Pre-funding Account Balance $365,027,631.30
Release to seller $118,162,437.05
Total Release to Seller $118,877,289.83
</Table>
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