EX-20 2 exh20rfc2.txt EXHIBIT 20 MONTHLY SERVICER'S CERTIFICATE AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC. -------------------------------------------- AMERICAN EXPRESS CREDIT ACCOUNT MASTER TRUST -------------------------------------------- The undersigned, a duly authorized representative of American Express Travel Related Services Company, Inc., as Servicer ("TRS"), pursuant to the Pooling and Servicing Agreement, dated as of May 16, 1996 (as amended and supplemented, the "Agreement"), as supplemented by the Series Supplements (as amended and supplemented, the "Series Supplements"), among TRS, as Servicer, American Express Centurion Bank and American Express Receivables Financing Corporation II, as Transferors, and The Bank of New York, as Trustee, does hereby certify as follows: 1. Capitalized terms used in this Certificate have their respective meanings as set forth in the Agreement or the Series Supplements, as applicable. 2. TRS is, as of the date hereof, the Servicer under the Agreement. 3. The undersigned is a Servicing Officer. 4. This Certificate relates to the Distribution Date occurring on February 15, 2001 and covers activity from December 26, 2000 through January 25, 2001. 5. As of the date hereof, to the best knowledge of the undersigned, the Servicer has performed in all material respects all its obligations under the Agreement through the Monthly Period preceding such Distribution Date. 6. As of the date hereof, to the best knowledge of the undersigned, no Pay Out Event occurred on or prior to such Distribution date. IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 12th day of February, 2001. AMERICAN EXPRESS TRAVEL RELATED SERVICES COMPANY, INC., as Servicer By: /s/ Lawrence Fazzari -------------------------------- Name: Lawrence Fazzari Title: Vice President Business Results - 1 -
I. Monthly Period Trust Activity ---------------------------------------------------------------------------------------------------------------------------------- A. Trust Activity Trust Totals ----------------- ------------ Number of days in period 31 Beginning Principal Receivable Balance 13,847,641,905.85 Special Funding Account Balance 0.00 Beginning Total Principal Balance 13,847,641,905.85 Finance Charge Collections (excluding 208,802,460.00 Discount Option & Recoveries) Discount Percentage 2.00% Discount Option Receivables Collections 37,885,915.54 Premium Option Receivables Collections 0.00 Recoveries 10,762,156.00 Total Collections of Finance Charge Receivables 257,450,531.54 Total Collections of Principal Receivables 1,856,409,861.46 Monthly Payment Rate 12.9735% Defaulted amount 64,209,224.54 Annualized Default Rate 5.5809% Trust Portfolio Yield 16.4307% New Principal Receivables 1,619,461,160.52 Ending Principal Receivables Balance 13,546,483,980.37 Ending Required Minimum Principal Balance 11,770,000,000.00 Ending Transferor Amount 2,546,483,980.37 Ending Special Funding Account Balance 0.00 Ending Total Principal Balance 13,546,483,980.37 ----------------------------------------------------------------------------------------------------------------------------------- B. Series Allocations Series 1996-1 Series 1997-1 Series 1998-1 Series 1999-1 Series 1999-2 --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 1 1 2 1 1 Invested Amount 1,000,000,000.00 1,000,000,000.00 1,000,000,000.00 1,000,000,000.00 500,000,000.00 Adjusted Invested Amount 1,000,000,000.00 1,000,000,000.00 1,000,000,000.00 1,000,000,000.00 500,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 70,000,000.00 70,000,000.00 70,000,000.00 70,000,000.00 35,000,000.00 Series Allocation Percentage 9.09% 9.09% 9.09% 9.09% 4.55% Series Alloc. Finance Charge Collections 23,404,593.78 23,404,593.78 23,404,593.78 23,404,593.78 11,702,296.89 Series Allocable Recoveries 978,377.82 978,377.82 978,377.82 978,377.82 489,188.91 Series Alloc. Principal Collections 168,764,532.86 168,764,532.86 168,764,532.86 168,764,532.86 84,382,266.43 Series Allocable Defaulted Amount 5,837,202.23 5,837,202.23 5,837,202.23 5,837,202.23 2,918,601.12 B. Series Allocations Series 1999-3 Series 1999-4 Series 1999-5 Series 1999-6 Series 2000-1 --------------------- ------------- ------------- ------------- ------------- ------------- Group Number 2 2 2 2 1 Invested Amount 1,000,000,000.00 500,000,000.00 500,000,000.00 500,000,000.00 500,000,000.00 Adjusted Invested Amount 1,000,000,000.00 500,000,000.00 500,000,000.00 500,000,000.00 500,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 70,000,000.00 35,000,000.00 35,000,000.00 35,000,000.00 35,000,000.00 Series Allocation Percentage 9.09% 4.55% 4.55% 4.55% 4.55% Series Alloc. Finance Charge Collections 23,404,593.78 11,702,296.89 11,702,296.89 11,702,296.89 11,702,296.89 Series Allocable Recoveries 978,377.82 489,188.91 489,188.91 489,188.91 489,188.91 Series Alloc. Principal Collections 168,764,532.86 84,382,266.43 84,382,266.43 84,382,266.43 84,382,266.43 Series Allocable Defaulted Amount 5,837,202.23 2,918,601.12 2,918,601.12 2,918,601.12 2,918,601.12 B. Series Allocations Series 2000-2 Series 2000-3 Series 2000-4 Series 2000-5 Trust Total --------------------- ------------- ------------- ------------- ------------- ----------- Group Number 2 2 2 2 Invested Amount 500,000,000.00 1,000,000,000.00 1,212,122,000.00 787,878,000.00 11,000,000,000.00 Adjusted Invested Amount 500,000,000.00 1,000,000,000.00 1,212,122,000.00 787,878,000.00 11,000,000,000.00 Principal Funding Account Balance 0.00 0.00 0.00 0.00 0.00 Series Required Transferor Amount 35,000,000.00 70,000,000.00 84,848,540.00 55,151,460.00 770,000,000.00 Series Allocation Percentage 4.55% 9.09% 11.02% 7.16% 100% Series Alloc. Finance Charge Collections 11,702,296.89 23,404,593.78 28,369,223.02 18,439,964.54 257,450,531.54 Series Allocable Recoveries 489,188.91 978,377.82 1,185,913.28 770,842.36 10,762,156.00 Series Alloc. Principal Collections 84,382,266.43 168,764,532.86 204,563,203.10 132,965,862.62 1,856,409,861.46 Series Allocable Defaulted Amount 2,918,601.12 5,837,202.23 7,075,401.24 4,599,003.22 64,209,224.54
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C. Group Allocations ----------------------------------------------------------------------------------------------------------------------------------- 1. Group 1 Allocations Series 1996-1 Series 1997-1 Series 1999-1 Series 1999-2 Series 2000-1 ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 18,591,651.44 18,591,651.44 18,591,651.44 9,295,825.72 9,295,825.72 Investor Monthly Interest 5,641,706.04 5,331,810.21 4,749,831.04 2,507,311.35 2,991,894.69 Investor Default Amount 4,636,834.56 4,636,834.56 4,636,834.56 2,318,417.28 2,318,417.28 Investor Monthly Fees 1,666,666.67 1,666,666.67 1,666,666.67 833,333.33 833,333.33 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 11,945,207.27 11,635,311.43 11,053,332.27 5,659,061.97 6,143,645.30 Reallocated Investor Finance Charge Collections 18,591,651.44 18,591,651.44 18,591,651.44 9,295,825.72 9,295,825.72 Available Excess 6,646,444.17 6,956,340.00 7,538,319.17 3,636,763.75 3,152,180.42 1. Group 1 Allocations Group 1 Total ---------------------- ------------- Investor Finance Charge Collections 74,366,605.75 Investor Monthly Interest 21,222,553.33 Investor Default Amount 18,547,338.23 Investor Monthly Fees 6,666,666.67 Investor Additional Amounts 0.00 Total 46,436,558.23 Reallocated Investor Finance Charge Collections 74,366,605.75 Available Excess 27,930,047.51 2. Group 2 Allocations Series 1998-1 Series 1999-3 Series 1999-4 Series 1999-5 Series 1999-6 ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 18,591,651.44 18,591,651.44 9,295,825.72 9,295,825.72 9,295,825.72 Investor Monthly Interest 5,026,566.67 5,086,733.33 2,554,366.67 2,584,387.50 2,568,970.83 Investor Default Amount 4,636,834.56 4,636,834.56 2,318,417.28 2,318,417.28 2,318,417.28 Investor Monthly Fees 1,666,666.67 1,666,666.67 833,333.33 833,333.33 833,333.33 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 11,330,067.89 11,390,234.56 5,706,117.28 5,736,138.11 5,720,721.45 Reallocated Investor Finance Charge Collections 18,591,651.44 18,591,651.44 9,295,825.72 9,295,825.72 9,295,825.72 Available Excess 7,261,583.55 7,201,416.88 3,589,708.44 3,559,687.61 3,575,104.27 2. Group 2 Allocations Series 2000-2 Series 2000-3 Series 2000-4 Series 2000-5 Group 2 Total ---------------------- ------------- ------------- ------------- ------------- ------------- Investor Finance Charge Collections 9,295,825.72 18,591,651.44 22,535,349.72 14,647,953.15 130,141,560.06 Investor Monthly Interest 2,554,272.92 5,097,191.67 6,793,373.00 4,009,826.00 36,275,688.59 Investor Default Amount 2,318,417.28 4,636,834.56 5,620,409.18 3,653,259.94 32,457,841.91 Investor Monthly Fees 833,333.33 1,666,666.67 2,020,203.33 1,313,130.00 11,666,666.67 Investor Additional Amounts 0.00 0.00 0.00 0.00 0.00 Total 5,706,023.53 11,400,692.89 14,433,985.52 8,976,215.94 80,400,197.17 Reallocated Investor Finance Charge Collections 9,295,825.72 18,591,651.44 22,535,349.72 14,647,953.15 130,141,560.06 Investment Funding Accoutn Proceeds 0.00 0.00 34,441.00 0.00 34,441.00 Available Excess 3,589,802.19 7,190,958.55 8,135,805.21 5,671,737.21 49,775,803.89 D. Trust Performance -------------------- Delinquencies: 31-60 Days Delinquent: 199,049,819 61-90 Days Delinquent: 103,618,587 90+ Days Delinquent: 134,144,161 Total 30+ Days Delinquent: 436,812,567
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II. Series 1996-1 Certificates ---------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ------------- --------------- ----------- Beginning Invested /Transferor Amount 1,258,876,536.90 1,000,000,000.00 258,876,536.90 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 23,404,593.78 18,591,651.44 4,812,942.34 Collections of Principal Receivables 168,764,532.86 134,059,638.03 34,704,894.83 Defaulted Amount 5,837,202.23 4,636,834.56 1,200,367.67 Ending Invested / Transferor Amounts 1,231,498,543.67 1,000,000,000.00 231,498,543.67 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ----------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 4,325,000.00 0.00 0.00 4,325,000.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.8000% 6.9500% 6.2806% Monthly Interest Due 4,901,666.67 347,500.00 392,539.38 5,641,706.04 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 4,901,666.67 347,500.00 392,539.38 5,641,706.04 Investor Default Amount 4,010,861.89 278,210.07 347,762.59 4,636,834.56 Investor Monthly Fees Due 1,441,666.67 100,000.00 125,000.00 1,666,666.67 Investor Additional Amounts Due Total Due 10,354,195.23 725,710.07 865,301.97 11,945,207.27 Reallocated Investor Finance Charge Collections 18,591,651.44 Interest and Principal Funding Investment Proceeds 0.00 Reserve Account Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.8919% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00 Interest Distributions 4,901,666.67 347,500.00 392,539.38 5,641,706.04 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 4,901,666.67 347,500.00 392,539.38 5,641,706.04 Ending Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00
- 4 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.67 2. Amount of the distribution in respect of Class A Monthly Interest: $5.67 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.79 2. Amount of the distribution in respect of class B monthly interest: $5.79 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 5 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $392,539.38 2. Amount distributed in respect of Collateral Monthly Interest: $392,539.38 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 6 - 1. Class A Available Funds: $16,081,778.49 a. Class A Monthly Interest: $4,901,666.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $4,010,861.89 e. Excess Spread: $7,169,249.93 2. Class B Available Funds: $1,115,499.09 a. Class B Monthly Interest: $347,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $767,999.09 3. Collateral Available Funds: $1,394,373.86 a. Excess Spread: $1,394,373.86 4. Total Excess Spread: $9,331,622.88 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1996-1 Allocable Principal Collections: $168,764,532.86 3. Principal Allocation Percentage of Series 1996-1 Allocable Principal Collections: $134,059,638.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $134,059,638.03 6. Shared Principal Collections from other Series allocated to Series 1996-1: N/A 7. Other amounts Treated as Available Principal Collections: $4,636,834.56 8. Available Principal Collections (total of 5., 6. & 7.): $138,696,472.59 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $75,000,000.00 2. Required Collateral Invested Amount $75,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $138,696,472.59 - 7 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1996-1 1. Excess Spread: $9,331,622.88 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $278,210.07 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $392,539.38 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $347,762.59 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $4,325,000.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $2,321,444.17 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.8919% b. Prior Monthly Period 8.4290% c. Second Prior Monthly Period 8.9481% 2. Three Month Average Base Rate 8.7563% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 8 -
III. Series 1997-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 1,258,876,536.90 1,000,000,000.00 258,876,536.90 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 23,404,593.78 18,591,651.44 4,812,942.34 Collections of Principal Receivables 168,764,532.86 134,059,638.03 34,704,894.83 Defaulted Amount 5,837,202.23 4,636,834.56 1,200,367.67 Ending Invested / Transferor Amounts 1,231,498,543.67 1,000,000,000.00 231,498,543.67 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.4000% 6.5500% 6.2556% Monthly Interest Due 4,613,333.33 327,500.00 390,976.88 5,331,810.21 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 4,613,333.33 327,500.00 390,976.88 5,331,810.21 Investor Default Amount 4,010,861.89 278,210.07 347,762.59 4,636,834.56 Investor Monthly Fees Due 1,441,666.67 100,000.00 125,000.00 1,666,666.67 Investor Additional Amounts Dues Total Due 10,065,861.89 705,710.07 863,739.47 11,635,311.43 Reallocated Investor Finance Charge Collections 18,591,651.44 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.5148% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00 Interest Distributions 4,613,333.33 327,500.00 390,976.88 5,331,810.21 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 4,613,333.33 327,500.00 390,976.88 5,331,810.21 Ending Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00
- 9 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.33 2. Amount of the distribution in respect of Class A Monthly Interest: $5.33 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.46 2. Amount of the distribution in respect of class B monthly interest: $5.46 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 10 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $390,976.88 2. Amount distributed in respect of Collateral Monthly Interest: $390,976.88 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 11 - 1. Class A Available Funds: $16,081,778.49 a. Class A Monthly Interest: $4,613,333.33 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $4,010,861.89 e. Excess Spread: $7,457,583.27 2. Class B Available Funds: $1,115,499.09 a. Class B Monthly Interest: $327,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $787,999.09 3. Collateral Available Funds: $1,394,373.86 a. Excess Spread: $1,394,373.86 4. Total Excess Spread: $9,639,956.21 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1997-1 Allocable Principal Collections: $168,764,532.86 3. Principal Allocation Percentage of Series 1997-1 Allocable Principal Collections: $134,059,638.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $134,059,638.03 6. Shared Principal Collections from other Series allocated to Series 1997-1: N/A 7. Other amounts Treated as Available Principal Collections: $4,636,834.56 8. Available Principal Collections (total of 5., 6. & 7.): $138,696,472.59 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $75,000,000.00 2. Required Collateral Invested Amount $75,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $138,696,472.59 - 12 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1997-1 1. Excess Spread: $9,639,956.21 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $278,210.07 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $390,976.88 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $347,762.59 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $6,956,340.00 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.5148% b. Prior Monthly Period 8.0754% c. Second Prior Monthly Period 8.5710% 2. Three Month Average Base Rate 8.3871% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 13 -
IV. Series 1998-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 1,258,876,536.90 1,000,000,000.00 258,876,536.90 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 23,404,593.78 18,591,651.44 4,812,942.34 Collections of Principal Receivables 168,764,532.86 134,059,638.03 34,704,894.83 Defaulted Amount 5,837,202.23 4,636,834.56 1,200,367.67 Ending Invested / Transferor Amounts 1,231,498,543.67 1,000,000,000.00 231,498,543.67 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- --------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 5.9706% 6.1306% 6.4806% Monthly Interest Due 4,104,808.13 408,708.67 513,049.88 5,026,566.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 4,104,808.13 408,708.67 513,049.88 5,026,566.67 Investor Default Amount 3,825,388.51 370,946.76 440,499.28 4,636,834.56 Investor Monthly Fees Due 1,375,000.00 133,333.33 158,333.33 1,666,666.67 Investor Additional Amounts Dues Total Due 9,305,196.64 912,988.76 1,111,882.49 11,330,067.89 Reallocated Investor Finance Charge Collections 18,591,651.44 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.1434% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ----------- ----- Beginning Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00 Interest Distributions 4,104,808.13 408,708.67 513,049.88 5,026,566.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 4,104,808.13 408,708.67 513,049.88 5,026,566.67 Ending Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00
- 14 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $4.98 2. Amount of the distribution in respect of Class A Monthly Interest: $4.98 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.11 2. Amount of the distribution in respect of class B monthly interest: $5.11 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 15 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $513,049.88 2. Amount distributed in respect of Collateral Monthly Interest: $513,049.88 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 16 - 1. Class A Available Funds: $15,338,112.44 a. Class A Monthly Interest: $4,104,808.13 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $3,825,388.51 e. Excess Spread: $7,407,915.80 2. Class B Available Funds: $1,487,332.11 a. Class B Monthly Interest: $408,708.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,078,623.45 3. Collateral Available Funds: $1,766,206.89 a. Excess Spread: $1,766,206.89 4. Total Excess Spread: $10,252,746.13 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1998-1 Allocable Principal Collections: $168,764,532.86 3. Principal Allocation Percentage of Series 1998-1 Allocable Principal Collections: $134,059,638.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $134,059,638.03 6. Shared Principal Collections from other Series allocated to Series 1998-1: N/A 7. Other amounts Treated as Available Principal Collections: $4,636,834.56 8. Available Principal Collections (total of 5., 6. & 7.): $138,696,472.59 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $95,000,000.00 2. Required Collateral Invested Amount $95,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $138,696,472.59 - 17 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1998-1 1. Excess Spread: $10,252,746.13 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $370,946.76 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $513,049.88 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $440,499.28 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $7,261,583.55 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.1434% b. Prior Monthly Period 8.8576% c. Second Prior Monthly Period 8.8931% 2. Three Month Average Base Rate 8.6314% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 18 -
V. Series 1999-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 1,258,876,536.90 1,000,000,000.00 258,876,536.90 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 23,404,593.78 18,591,651.44 4,812,942.34 Collections of Principal Receivables 168,764,532.86 134,059,638.03 34,704,894.83 Defaulted Amount 5,837,202.23 4,636,834.56 1,200,367.67 Ending Invested / Transferor Amounts 1,231,498,543.67 1,000,000,000.00 231,498,543.67 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 5.6000% 5.8500% 6.7306% Monthly Interest Due 4,036,666.67 292,500.00 420,664.38 4,749,831.04 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 4,036,666.67 292,500.00 420,664.38 4,749,831.04 Investor Default Amount 4,010,861.89 278,210.07 347,762.59 4,636,834.56 Investor Monthly Fees Due 1,441,666.67 100,000.00 125,000.00 1,666,666.67 Investor Additional Amounts Dues Total Due 9,489,195.23 670,710.07 893,426.97 11,053,332.27 Reallocated Investor Finance Charge Collections 18,591,651.44 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 7.8067% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00 Interest Distributions 4,036,666.67 292,500.00 420,664.38 4,749,831.04 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 4,036,666.67 292,500.00 420,664.38 4,749,831.04 Ending Certificates Balance 865,000,000.00 60,000,000.00 75,000,000.00 1,000,000,000.00
- 19 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $4.67 2. Amount of the distribution in respect of Class A Monthly Interest: $4.67 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $4.88 2. Amount of the distribution in respect of class B monthly interest: $4.88 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 20 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $420,664.38 2. Amount distributed in respect of Collateral Monthly Interest: $420,664.38 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 21 - 1. Class A Available Funds: $16,081,778.49 a. Class A Monthly Interest: $4,036,666.67 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $4,010,861.89 e. Excess Spread: $8,034,249.93 2. Class B Available Funds: $1,115,499.09 a. Class B Monthly Interest: $292,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $822,999.09 3. Collateral Available Funds: $1,394,373.86 a. Excess Spread: $1,394,373.86 4. Total Excess Spread: $10,251,622.88 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1999-1 Allocable Principal Collections: $168,764,532.86 3. Principal Allocation Percentage of Series 1999-1 Allocable Principal Collections: $134,059,638.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $134,059,638.03 6. Shared Principal Collections from other Series allocated to Series 1999-1: N/A 7. Other amounts Treated as Available Principal Collections: $4,636,834.56 8. Available Principal Collections (total of 5., 6. & 7.): $138,696,472.59 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $75,000,000.00 2. Required Collateral Invested Amount $75,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $138,696,472.59 - 22 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-1 1. Excess Spread: $10,251,622.88 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $278,210.07 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $420,664.38 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $347,762.59 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $7,538,319.17 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 7.8067% b. Prior Monthly Period 7.4139% c. Second Prior Monthly Period 7.8630% 2. Three Month Average Base Rate 7.6945% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 23 -
VI. Series 1999-2 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 629,438,268.45 500,000,000.00 129,438,268.45 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 11,702,296.89 9,295,825.72 2,406,471.17 Collections of Principal Receivables 84,382,266.43 67,029,819.01 17,352,447.42 Defaulted Amount 2,918,601.12 2,318,417.28 600,183.84 Ending Invested / Transferor Amounts 615,749,271.83 500,000,000.00 115,749,271.83 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 5.9500% 6.1000% 6.7306% Monthly Interest Due 2,144,479.17 152,500.00 210,332.19 2,507,311.35 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,144,479.17 152,500.00 210,332.19 2,507,311.35 Investor Default Amount 2,005,430.95 139,105.04 173,881.30 2,318,417.28 Investor Monthly Fees Due 720,833.33 50,000.00 62,500.00 833,333.33 Investor Additional Amounts Dues Total Due 4,870,743.45 341,605.04 446,713.48 5,659,061.97 Reallocated Investor Finance Charge Collections 9,295,825.72 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.1289% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00 Interest Distributions 2,144,479.17 152,500.00 210,332.19 2,507,311.35 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,144,479.17 152,500.00 210,332.19 2,507,311.35 Ending Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00
- 24 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $4.96 2. Amount of the distribution in respect of Class A Monthly Interest: $4.96 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.08 2. Amount of the distribution in respect of class B monthly interest: $5.08 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 25 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $210,332.19 2. Amount distributed in respect of Collateral Monthly Interest: $210,332.19 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 26 - 1. Class A Available Funds: $8,040,889.25 a. Class A Monthly Interest: $2,144,479.17 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $2,005,430.95 e. Excess Spread: $3,890,979.13 2. Class B Available Funds: $557,749.54 a. Class B Monthly Interest: $152,500.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $405,249.54 3. Collateral Available Funds: $697,186.93 a. Excess Spread: $697,186.93 4. Total Excess Spread: $4,993,415.61 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1999-2 Allocable Principal Collections: $84,382,266.43 3. Principal Allocation Percentage of Series 1999-2 Allocable Principal Collections: $67,029,819.01 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $67,029,819.01 6. Shared Principal Collections from other Series allocated to Series 1999-2: N/A 7. Other amounts Treated as Available Principal Collections: $2,318,417.28 8. Available Principal Collections (total of 5., 6. & 7.): $69,348,236.29 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $37,500,000.00 2. Required Collateral Invested Amount $37,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $69,348,236.29 - 27 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-2 1. Excess Spread: $4,993,415.61 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $139,105.04 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $210,332.19 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $173,881.30 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $3,636,763.75 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.1289% b. Prior Monthly Period 7.7159% c. Second Prior Monthly Period 8.1851% 2. Three Month Average Base Rate 8.0100% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 28 -
VII. Series 1999-3 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 1,258,876,536.90 1,000,000,000.00 258,876,536.90 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 23,404,593.78 18,591,651.44 4,812,942.34 Collections of Principal Receivables 168,764,532.86 134,059,638.03 34,704,894.83 Defaulted Amount 5,837,202.23 4,636,834.56 1,200,367.67 Ending Invested / Transferor Amounts 1,231,498,543.67 1,000,000,000.00 231,498,543.67 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.0206% 6.2206% 6.7306% Monthly Interest Due 4,139,183.13 414,708.67 532,841.54 5,086,733.33 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 4,139,183.13 414,708.67 532,841.54 5,086,733.33 Investor Default Amount 3,825,388.51 370,946.76 440,499.28 4,636,834.56 Investor Monthly Fees Due 1,375,000.00 133,333.33 158,333.33 1,666,666.67 Investor Additional Amounts Dues Total Due 9,339,571.64 918,988.76 1,131,674.16 11,390,234.56 Reallocated Investor Finance Charge Collections 18,591,651.44 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.2166% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00 Interest Distributions 4,139,183.13 414,708.67 532,841.54 5,086,733.33 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 4,139,183.13 414,708.67 532,841.54 5,086,733.33 Ending Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00
- 29 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.02 2. Amount of the distribution in respect of Class A Monthly Interest: $5.02 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.18 2. Amount of the distribution in respect of class B monthly interest: $5.18 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 30 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $532,841.54 2. Amount distributed in respect of Collateral Monthly Interest: $532,841.54 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 31 - 1. Class A Available Funds: $15,338,112.44 a. Class A Monthly Interest: $4,139,183.13 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $3,825,388.51 e. Excess Spread: $7,373,540.80 2. Class B Available Funds: $1,487,332.11 a. Class B Monthly Interest: $414,708.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,072,623.45 3. Collateral Available Funds: $1,766,206.89 a. Excess Spread: $1,766,206.89 4. Total Excess Spread: $10,212,371.13 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1999-3 Allocable Principal Collections: $168,764,532.86 3. Principal Allocation Percentage of Series 1999-3 Allocable Principal Collections: $134,059,638.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $134,059,638.03 6. Shared Principal Collections from other Series allocated to Series 1999-3: N/A 7. Other amounts Treated as Available Principal Collections: $4,636,834.56 8. Available Principal Collections (total of 5., 6. & 7.): $138,696,472.59 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $95,000,000.00 2. Required Collateral Invested Amount $95,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $138,696,472.59 - 32 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-3 1. Excess Spread: $10,212,371.13 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $370,946.76 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $532,841.54 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $440,499.28 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $7,201,416.88 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.2166% b. Prior Monthly Period 8.9308% c. Second Prior Monthly Period 8.9663% 2. Three Month Average Base Rate 8.7046% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 33 -
VIII. Series 1999-4 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 629,438,268.45 500,000,000.00 129,438,268.45 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 11,702,296.89 9,295,825.72 2,406,471.17 Collections of Principal Receivables 84,382,266.43 67,029,819.01 17,352,447.42 Defaulted Amount 2,918,601.12 2,318,417.28 600,183.84 Ending Invested / Transferor Amounts 615,749,271.83 500,000,000.00 115,749,271.83 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.0506% 6.3006% 6.6806% Monthly Interest Due 2,079,904.06 210,021.00 264,441.60 2,554,366.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,079,904.06 210,021.00 264,441.60 2,554,366.67 Investor Default Amount 1,912,694.26 185,473.38 220,249.64 2,318,417.28 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Dues Total Due 4,680,098.32 462,161.05 563,857.91 5,706,117.28 Reallocated Investor Finance Charge Collections 9,295,825.72 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.2434% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 2,079,904.06 210,021.00 264,441.60 2,554,366.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,079,904.06 210,021.00 264,441.60 2,554,366.67 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 34 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.04 2. Amount of the distribution in respect of Class A Monthly Interest: $5.04 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.25 2. Amount of the distribution in respect of class B monthly interest: $5.25 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 35 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $264,441.60 2. Amount distributed in respect of Collateral Monthly Interest: $264,441.60 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 36 - 1. Class A Available Funds: $7,669,056.22 a. Class A Monthly Interest: $2,079,904.06 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $1,912,694.26 e. Excess Spread: $3,676,457.90 2. Class B Available Funds: $743,666.06 a. Class B Monthly Interest: $210,021.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $533,645.06 3. Collateral Available Funds: $883,103.44 a. Excess Spread: $883,103.44 4. Total Excess Spread: $5,093,206.40 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1999-4 Allocable Principal Collections: $84,382,266.43 3. Principal Allocation Percentage of Series 1999-4 Allocable Principal Collections: $67,029,819.01 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $67,029,819.01 6. Shared Principal Collections from other Series allocated to Series 1999-4: N/A 7. Other amounts Treated as Available Principal Collections: $2,318,417.28 8. Available Principal Collections (total of 5., 6. & 7.): $69,348,236.29 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $47,500,000.00 2. Required Collateral Invested Amount $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $69,348,236.29 - 37 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-4 1. Excess Spread: $5,093,206.40 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $185,473.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $264,441.60 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $220,249.64 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $3,589,708.44 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.2434% b. Prior Monthly Period 8.9576% c. Second Prior Monthly Period 8.9930% 2. Three Month Average Base Rate 8.7313% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 38 -
IX. Series 1999-5 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 629,438,268.45 500,000,000.00 129,438,268.45 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 11,702,296.89 9,295,825.72 2,406,471.17 Collections of Principal Receivables 84,382,266.43 67,029,819.01 17,352,447.42 Defaulted Amount 2,918,601.12 2,318,417.28 600,183.84 Ending Invested / Transferor Amounts 615,749,271.83 500,000,000.00 115,749,271.83 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.1206% 6.3606% 6.7806% Monthly Interest Due 2,103,966.56 212,021.00 268,399.94 2,584,387.50 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,103,966.56 212,021.00 268,399.94 2,584,387.50 Investor Default Amount 1,912,694.26 185,473.38 220,249.64 2,318,417.28 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Dues Total Due 4,704,160.82 464,161.05 567,816.25 5,736,138.11 Reallocated Investor Finance Charge Collections 9,295,825.72 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.3165% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 2,103,966.56 212,021.00 268,399.94 2,584,387.50 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,103,966.56 212,021.00 268,399.94 2,584,387.50 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 39 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.10 2. Amount of the distribution in respect of Class A Monthly Interest: $5.10 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.30 2. Amount of the distribution in respect of class B monthly interest: $5.30 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 40 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $268,399.94 2. Amount distributed in respect of Collateral Monthly Interest: $268,399.94 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 41 - 1. Class A Available Funds: $7,669,056.22 a. Class A Monthly Interest: $2,103,966.56 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $1,912,694.26 e. Excess Spread: $3,652,395.40 2. Class B Available Funds: $743,666.06 a. Class B Monthly Interest: $212,021.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $531,645.06 3. Collateral Available Funds: $883,103.44 a. Excess Spread: $883,103.44 4. Total Excess Spread: $5,067,143.90 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1999-5 Allocable Principal Collections: $84,382,266.43 3. Principal Allocation Percentage of Series 1999-5 Allocable Principal Collections: $67,029,819.01 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $67,029,819.01 6. Shared Principal Collections from other Series allocated to Series 1999-5: N/A 7. Other amounts Treated as Available Principal Collections: $2,318,417.28 8. Available Principal Collections (total of 5., 6. & 7.): $69,348,236.29 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $47,500,000.00 2. Required Collateral Invested Amount $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $69,348,236.29 - 42 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-5 1. Excess Spread: $5,067,143.90 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $185,473.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $268,399.94 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $220,249.64 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $3,559,687.61 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.3165% b. Prior Monthly Period 9.0306% c. Second Prior Monthly Period 9.0661% 2. Three Month Average Base Rate 8.8044% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 43 -
X. Series 1999-6 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 629,438,268.45 500,000,000.00 129,438,268.45 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 11,702,296.89 9,295,825.72 2,406,471.17 Collections of Principal Receivables 84,382,266.43 67,029,819.01 17,352,447.42 Defaulted Amount 2,918,601.12 2,318,417.28 600,183.84 Ending Invested / Transferor Amounts 615,749,271.83 500,000,000.00 115,749,271.83 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.0806% 6.3106% 6.7806% Monthly Interest Due 2,090,216.56 210,354.33 268,399.94 2,568,970.83 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,090,216.56 210,354.33 268,399.94 2,568,970.83 Investor Default Amount 1,912,694.26 185,473.38 220,249.64 2,318,417.28 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Dues Total Due 4,690,410.82 462,494.38 567,816.25 5,720,721.45 Reallocated Investor Finance Charge Collections 9,295,825.72 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.2789% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 2,090,216.56 210,354.33 268,399.94 2,568,970.83 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,090,216.56 210,354.33 268,399.94 2,568,970.83 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 44 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.07 2. Amount of the distribution in respect of Class A Monthly Interest: $5.07 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.26 2. Amount of the distribution in respect of class B monthly interest: $5.26 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 45 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $268,399.94 2. Amount distributed in respect of Collateral Monthly Interest: $268,399.94 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 46 - 1. Class A Available Funds: $7,669,056.22 a. Class A Monthly Interest: $2,090,216.56 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $1,912,694.26 e. Excess Spread: $3,666,145.40 2. Class B Available Funds: $743,666.06 a. Class B Monthly Interest: $210,354.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $533,311.72 3. Collateral Available Funds: $883,103.44 a. Excess Spread: $883,103.44 4. Total Excess Spread: $5,082,560.57 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 1999-6 Allocable Principal Collections: $84,382,266.43 3. Principal Allocation Percentage of Series 1999-6 Allocable Principal Collections: $67,029,819.01 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $67,029,819.01 6. Shared Principal Collections from other Series allocated to Series 1999-6: N/A 7. Other amounts Treated as Available Principal Collections: $2,318,417.28 8. Available Principal Collections (total of 5., 6. & 7.): $69,348,236.29 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $47,500,000.00 2. Required Collateral Invested Amount $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $69,348,236.29 - 47 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 1999-6 1. Excess Spread: $5,082,560.57 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $185,473.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $268,399.94 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $220,249.64 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $3,575,104.27 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.2789% b. Prior Monthly Period 8.9931% c. Second Prior Monthly Period 9.0286% 2. Three Month Average Base Rate 8.7669% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 48 -
XI. Series 2000-1 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 629,438,268.45 500,000,000.00 129,438,268.45 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 11,702,296.89 9,295,825.72 2,406,471.17 Collections of Principal Receivables 84,382,266.43 67,029,819.01 17,352,447.42 Defaulted Amount 2,918,601.12 2,318,417.28 600,183.84 Ending Invested / Transferor Amounts 615,749,271.83 500,000,000.00 115,749,271.83 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 7.2000% 7.4000% 6.7806% Monthly Interest Due 2,595,000.00 185,000.00 211,894.69 2,991,894.69 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,595,000.00 185,000.00 211,894.69 2,991,894.69 Investor Default Amount 2,005,430.95 139,105.04 173,881.30 2,318,417.28 Investor Monthly Fees Due 720,833.33 50,000.00 62,500.00 833,333.33 Investor Additional Amounts Dues Total Due 5,321,264.28 374,105.04 448,275.98 6,143,645.30 Reallocated Investor Finance Charge Collections 9,295,825.72 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 9.3081% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ------ Beginning Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00 Interest Distributions 2,595,000.00 185,000.00 211,894.69 2,991,894.69 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,595,000.00 185,000.00 211,894.69 2,991,894.69 Ending Certificates Balance 432,500,000.00 30,000,000.00 37,500,000.00 500,000,000.00
- 49 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $6.00 2. Amount of the distribution in respect of Class A Monthly Interest: $6.00 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $6.17 2. Amount of the distribution in respect of class B monthly interest: $6.17 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 50 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $211,894.69 2. Amount distributed in respect of Collateral Monthly Interest: $211,894.69 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 51 - 1. Class A Available Funds: $8,040,889.25 a. Class A Monthly Interest: $2,595,000.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $2,005,430.95 e. Excess Spread: $3,440,458.30 2. Class B Available Funds: $557,749.54 a. Class B Monthly Interest: $185,000.00 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $372,749.54 3. Collateral Available Funds: $697,186.93 a. Excess Spread: $697,186.93 4. Total Excess Spread: $4,510,394.77 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 2000-1 Allocable Principal Collections: $84,382,266.43 3. Principal Allocation Percentage of Series 2000-1 Allocable Principal Collections: $67,029,819.01 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $67,029,819.01 6. Shared Principal Collections from other Series allocated to Series 2000-1: N/A 7. Other amounts Treated as Available Principal Collections: $2,318,417.28 8. Available Principal Collections (total of 5., 6. & 7.): $69,348,236.29 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $37,500,000.00 2. Required Collateral Invested Amount $37,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $69,348,236.29 - 52 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-1 1. Excess Spread: $4,510,394.77 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $139,105.04 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $211,894.69 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $173,881.30 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $3,152,180.42 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 9.3081% b. Prior Monthly Period 8.8216% c. Second Prior Monthly Period 9.3643% 2. Three Month Average Base Rate 9.1646% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 53 -
XII. Series 2000-2 Certificates ---------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 629,438,268.45 500,000,000.00 129,438,268.45 Beginning Adjusted Invested Amount N/A 500,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 11,702,296.89 9,295,825.72 2,406,471.17 Collections of Principal Receivables 84,382,266.43 67,029,819.01 17,352,447.42 Defaulted Amount 2,918,601.12 2,318,417.28 600,183.84 Ending Invested / Transferor Amounts 615,749,271.83 500,000,000.00 115,749,271.83 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.0456% 6.2306% 6.7806% Monthly Interest Due 2,078,185.31 207,687.67 268,399.94 2,554,272.92 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 2,078,185.31 207,687.67 268,399.94 2,554,272.92 Investor Default Amount 1,912,694.26 185,473.38 220,249.64 2,318,417.28 Investor Monthly Fees Due 687,500.00 66,666.67 79,166.67 833,333.33 Investor Additional Amounts Dues Total Due 4,678,379.57 459,827.72 567,816.25 5,706,023.53 Reallocated Investor Finance Charge Collections 9,295,825.72 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.2432% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00 Interest Distributions 2,078,185.31 207,687.67 268,399.94 2,554,272.92 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 2,078,185.31 207,687.67 268,399.94 2,554,272.92 Ending Certificates Balance 412,500,000.00 40,000,000.00 47,500,000.00 500,000,000.00
- 54 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.04 2. Amount of the distribution in respect of Class A Monthly Interest: $5.04 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.19 2. Amount of the distribution in respect of class B monthly interest: $5.19 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 55 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $268,399.94 2. Amount distributed in respect of Collateral Monthly Interest: $268,399.94 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 56 - 1. Class A Available Funds: $7,669,056.22 a. Class A Monthly Interest: $2,078,185.31 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $1,912,694.26 e. Excess Spread: $3,678,176.65 2. Class B Available Funds: $743,666.06 a. Class B Monthly Interest: $207,687.67 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $535,978.39 3. Collateral Available Funds: $883,103.44 a. Excess Spread: $883,103.44 4. Total Excess Spread: $5,097,258.48 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 2000-2 Allocable Principal Collections: $84,382,266.43 3. Principal Allocation Percentage of Series 2000-2 Allocable Principal Collections: $67,029,819.01 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $67,029,819.01 6. Shared Principal Collections from other Series allocated to Series 2000-2: N/A 7. Other amounts Treated as Available Principal Collections: $2,318,417.28 8. Available Principal Collections (total of 5., 6. & 7.): $69,348,236.29 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $47,500,000.00 2. Required Collateral Invested Amount $47,500,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $69,348,236.29 - 57 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-2 1. Excess Spread: $5,097,258.48 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $185,473.38 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $268,399.94 9. Applied to unpaid Monthly Servicing Fee: $833,333.33 10. Collateral Default Amount treated as Available Principal Collections: $220,249.64 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $3,589,802.19 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.2432% b. Prior Monthly Period 8.9573% c. Second Prior Monthly Period 8.9928% 2. Three Month Average Base Rate 8.7311% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 58 -
XIII. Series 2000-3 Certificates ---------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 1,258,876,536.90 1,000,000,000.00 258,876,536.90 Beginning Adjusted Invested Amount N/A 1,000,000,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 23,404,593.78 18,591,651.44 4,812,942.34 Collections of Principal Receivables 168,764,532.86 134,059,638.03 34,704,894.83 Defaulted Amount 5,837,202.23 4,636,834.56 1,200,367.67 Ending Invested / Transferor Amounts 1,231,498,543.67 1,000,000,000.00 231,498,543.67 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.0406% 6.2306% 6.6806% Monthly Interest Due 4,152,933.13 415,375.33 528,883.21 5,097,191.67 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 4,152,933.13 415,375.33 528,883.21 5,097,191.67 Investor Default Amount 3,825,388.51 370,946.76 440,499.28 4,636,834.56 Investor Monthly Fees Due 1,375,000.00 133,333.33 158,333.33 1,666,666.67 Investor Additional Amounts Dues Total Due 9,353,321.64 919,655.43 1,127,715.82 11,400,692.89 Reallocated Investor Finance Charge Collections 18,591,651.44 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.2294% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00 Interest Distributions 4,152,933.13 415,375.33 528,883.21 5,097,191.67 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 4,152,933.13 415,375.33 528,883.21 5,097,191.67 Ending Certificates Balance 825,000,000.00 80,000,000.00 95,000,000.00 1,000,000,000.00
- 59 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.03 2. Amount of the distribution in respect of Class A Monthly Interest: $5.03 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.19 2. Amount of the distribution in respect of class B monthly interest: $5.19 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 60 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $528,883.21 2. Amount distributed in respect of Collateral Monthly Interest: $528,883.21 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 61 - 1. Class A Available Funds: $15,338,112.44 a. Class A Monthly Interest: $4,152,933.13 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $3,825,388.51 e. Excess Spread: $7,359,790.80 2. Class B Available Funds: $1,487,332.11 a. Class B Monthly Interest: $415,375.33 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,071,956.78 3. Collateral Available Funds: $1,766,206.89 a. Excess Spread: $1,766,206.89 4. Total Excess Spread: $10,197,954.47 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 2000-3 Allocable Principal Collections: $168,764,532.86 3. Principal Allocation Percentage of Series 2000-3 Allocable Principal Collections: $134,059,638.03 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $134,059,638.03 6. Shared Principal Collections from other Series allocated to Series 2000-3: N/A 7. Other amounts Treated as Available Principal Collections: $4,636,834.56 8. Available Principal Collections (total of 5., 6. & 7.): $138,696,472.59 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $95,000,000.00 2. Required Collateral Invested Amount $95,000,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $138,696,472.59 - 62 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-3 1. Excess Spread: $10,197,954.47 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $370,946.76 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $528,883.21 9. Applied to unpaid Monthly Servicing Fee: $1,666,666.67 10. Collateral Default Amount treated as Available Principal Collections: $440,499.28 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $7,190,958.55 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.2294% b. Prior Monthly Period 8.9435% c. Second Prior Monthly Period 8.9790% 2. Three Month Average Base Rate 8.7173% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 63 -
XIV. Series 2000-4 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 1,525,911,945.65 1,212,122,000.00 313,789,945.65 Beginning Adjusted Invested Amount N/A 1,212,122,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 28,369,223.02 22,535,349.72 5,833,873.29 Collections of Principal Receivables 204,563,203.10 162,496,636.57 42,066,566.53 Defaulted Amount 7,075,401.24 5,620,409.18 1,454,992.06 Ending Invested / Transferor Amounts 1,492,726,477.75 1,212,122,000.00 280,604,477.75 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.7050% 6.9300% 6.7306% Monthly Interest Due 5,587,500.00 560,001.75 645,871.25 6,793,373.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 5,587,500.00 560,001.75 645,871.25 6,793,373.00 Investor Default Amount 4,636,834.56 449,633.85 533,940.77 5,620,409.18 Investor Monthly Fees Due 1,666,666.67 161,616.67 191,920.00 2,020,203.33 Investor Additional Amounts Dues Total Due 11,891,001.23 1,171,252.26 1,371,732.03 14,433,985.52 Reallocated Investor Finance Charge Collections 22,535,349.72 Interest and Principal Funding Investment Proceeds 34,441.00 Series Adjusted Portfolio Yield 16.4641% Base Rate 8.8466% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ------ Beginning Certificates Balance 1,000,000,000.00 96,970,000.00 115,152,000.00 1,212,122,000.00 Interest Distributions 5,587,500.00 560,001.75 645,871.25 6,793,373.00 Interest Deposits - Interest Funding Account (5,587,500.00) (560,001.75) 0.00 (6,147,501.75) Interest Funding Account Distributions 0.00 0.00 0.00 0.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 0.00 0.00 645,871.25 645,871.25 Ending Interest Funding Account Balance 11,547,500.00 1,157,336.95 0.00 12,704,836.95 Ending Certificates Balance 1,000,000,000.00 96,970,000.00 115,152,000.00 1,212,122,000.00
- 64 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.59 2. Amount of the distribution in respect of Class A Monthly Interest: $5.59 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.78 2. Amount of the distribution in respect of class B monthly interest: $5.78 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 65 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $645,871.25 2. Amount distributed in respect of Collateral Monthly Interest: $645,871.25 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 66 - 1. Class A Available Funds(Includes Int. Income from IFA): $18,626,092.44 a. Class A Monthly Interest: $5,587,500.00 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $4,636,834.56 e. Excess Spread: $8,401,757.88 2. Class B Available Funds: $1,802,832.44 a. Class B Monthly Interest: $560,001.75 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $1,242,830.69 3. Collateral Available Funds: $2,140,865.85 a. Excess Spread: $2,140,865.85 4. Total Excess Spread: $11,785,454.41 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 2000-4 Allocable Principal Collections: $204,563,203.10 3. Principal Allocation Percentage of Series 2000-4 Allocable Principal Collections: $162,496,636.57 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $162,496,636.57 6. Shared Principal Collections from other Series allocated to Series 2000-4: N/A 7. Other amounts Treated as Available Principal Collections: $5,620,409.18 8. Available Principal Collections (total of 5., 6. & 7.): $168,117,045.75 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $115,152,000.00 2. Required Collateral Invested Amount $115,152,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $168,117,045.75 - 67 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-4 1. Excess Spread: $11,785,454.41 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $449,633.85 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $645,871.25 9. Applied to unpaid Monthly Servicing Fee: $2,020,203.33 10. Collateral Default Amount treated as Available Principal Collections: $533,940.77 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $8,135,805.21 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.8466% b. Prior Monthly Period 8.7998% c. Second Prior Monthly Period 8.9912% 2. Three Month Average Base Rate 8.8792% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4641% b. Prior Monthly Period 16.5129% c. Second Prior Monthly Period 16.7201% 4. Three Month Average Series Adjusted Portfolio Yield 16.5657% - 68 -
XV. Series 2000-5 Certificates ----------------------------------------------------------------------------------------------------------------------------------- Series Total Investor Transferors A. Investor/Transferor Allocations Allocations Interest Interest ---------------------------------- ----------- --------------- ----------- Beginning Invested /Transferor Amount 991,841,128.14 787,878,000.00 203,963,128.14 Beginning Adjusted Invested Amount N/A 787,878,000.00 N/A Floating Allocation Percentage N/A 79.4359% 20.5641% Principal Allocation Percentage N/A 79.4359% 20.5641% Collections of Finance Chg. Receivables 18,439,964.54 14,647,953.15 3,792,011.38 Collections of Principal Receivables 132,965,862.62 105,622,639.49 27,343,223.13 Defaulted Amount 4,599,003.22 3,653,259.94 945,743.28 Ending Invested / Transferor Amounts 970,270,609.59 787,878,000.00 182,392,609.59 Collateral B. Monthly Period Funding Requirements Class A Class B Interest Total -------------------------------------- ------- ------- ---------- ----- Principal Funding Account 0.00 0.00 0.00 0.00 Investment Proceeds for Monthly Period 0.00 0.00 0.00 0.00 Reserve Draw Amount 0.00 0.00 0.00 0.00 Available Reserve Account Amount 0.00 0.00 0.00 0.00 Reserve Account Surplus 0.00 0.00 0.00 0.00 Coupon January 16, 2001 - February 14, 2001 6.0206% 6.2606% 6.7306% Monthly Interest Due 3,261,174.58 328,839.59 419,811.83 4,009,826.00 Outstanding Monthly Interest Due 0.00 0.00 0.00 0.00 Additional Interest Due 0.00 0.00 0.00 0.00 Total Interest Due 3,261,174.58 328,839.59 419,811.83 4,009,826.00 Investor Default Amount 3,013,942.46 292,259.68 347,057.79 3,653,259.94 Investor Monthly Fees Due 1,083,333.33 105,050.00 124,746.67 1,313,130.00 Investor Additional Amounts Dues Total Due 7,358,450.38 726,149.27 891,616.29 8,976,215.94 Reallocated Investor Finance Charge Collections 14,647,953.15 Interest and Principal Funding Investment Proceeds 0.00 Series Adjusted Portfolio Yield 16.4307% Base Rate 8.2199% Collateral C. Certificates - Balances and Distributions Class A Class B Interest Total -------------------------------------------- ------- ------- ---------- ----- Beginning Certificates Balance 650,000,000.00 63,030,000.00 74,848,000.00 787,878,000.00 Interest Distributions 3,261,174.58 328,839.59 419,811.83 4,009,826.00 Principal Deposits - Prin. Funding Account 0.00 0.00 0.00 0.00 Principal Distributions 0.00 0.00 0.00 0.00 Total Distributions 3,261,174.58 328,839.59 419,811.83 4,009,826.00 Ending Certificates Balance 650,000,000.00 63,030,000.00 74,848,000.00 787,878,000.00
- 69 - D. Information regarding distributions on the Distribution Date in respect of the Class A Certificates per $1,000 original certificate principal amount. 1. Total amount of the distribution: $5.02 2. Amount of the distribution in respect of Class A Monthly Interest: $5.02 3. Amount of the distribution in respect of Class A Outstanding Monthly Interest: $0.00 4. Amount of the distribution in respect of Class A Additional Interest: $0.00 5. Amount of the distribution in respect of Class A Principal: $0.00 E. Class A Investor Charge-Offs and Reimbursement of Class A Investor Charge-Offs on such Distribution Date. 1. Total amount of Class A Investor Charge-Offs: $0.00 2. Amount of Class A Investor Charge- Offs per $1,000 original certificate principal amount: $0.00 3. Total amount reimbursed in respect of Class A Investor Charge-Offs: $0.00 4. Amount reimbursed in respect of Class A Investor Charge-Offs per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class A Certificates exceeds the Class A Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 F. Information regarding distributions in respect of the Class B Certificates, per $1,000 original certificate principal amount. 1. The total amount of the distribution: $5.22 2. Amount of the distribution in respect of class B monthly interest: $5.22 3. Amount of the distribution in respect of class B outstanding monthly interest: $0.00 4. Amount of the distribution in respect of class B additional interest: $0.00 5. Amount of the distribution in respect of class B principal: $0.00 G. Amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), - 70 - and (e) of the definition of Class B Invested Amount on such Distribution Date. 1. The amount of reductions in Class B Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Class B Invested Amount: $0.00 2. The amount of reductions in the Class B Invested Amount set forth in paragraph 1 above, per $1,000 original certificate principal amount: $0.00 3. The total amount reimbursed in respect of such reductions in the Class B Invested Amount: $0.00 4. The amount set forth in paragraph 3 above, per $1,000 original certificate principal amount: $0.00 5. The amount, if any, by which the outstanding principal balance of the Class B Certificates exceeds the Class B Invested Amount after giving effect to all transactions on such Distribution Date: $0.00 H. Information regarding distributions on the Distribution Date to the Collateral Interest Holder. 1. Total amount distributed to the Collateral Interest Holder: $419,811.83 2. Amount distributed in respect of Collateral Monthly Interest: $419,811.83 3. Amount distributed in respect of Collateral Additional Interest: $0.00 4. The amount distributed to the Collateral Interest Holder in respect of principal on the Collateral Invested Amount: $0.00 I. Amount of reductions in Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount. 1. The amount of reductions in the Collateral Invested Amount pursuant to clauses (c), (d), and (e) of the definition of Collateral Invested Amount: $0.00 2. The total amount reimbursed in respect of such reductions in the Collateral Invested Amount: $0.00 J. Application of Reallocated Investor Finance Charge Collections. - 71 - 1. Class A Available Funds: $12,084,573.43 a. Class A Monthly Interest: $3,261,174.58 b. Class A Outstanding Monthly Interest: $0.00 c. Class A Additional Interest: $0.00 d. Class A Investor Default Amount $0.00 (Treated as Available Principal Collections): $3,013,942.46 e. Excess Spread: $5,809,456.39 2. Class B Available Funds: $1,171,831.79 a. Class B Monthly Interest: $328,839.59 b. Class B Outstanding Monthly Interest: $0.00 c. Class B Additional Interest: $0.00 d. Excess Spread: $842,992.20 3. Collateral Available Funds: $1,391,547.93 a. Excess Spread: $1,391,547.93 4. Total Excess Spread: $8,043,996.51 K. Reallocated Principal Collections. 1. Principal Allocation Percentage: 79.4359% 2. Series 2000-5 Allocable Principal Collections: $132,965,862.62 3. Principal Allocation Percentage of Series 2000-5 Allocable Principal Collections: $105,622,639.49 4. Reallocated Principal Collections Required to fund the Required Amount: $0.00 5. Item 3 minus item 4: $105,622,639.49 6. Shared Principal Collections from other Series allocated to Series 2000-5: N/A 7. Other amounts Treated as Available Principal Collections: $3,653,259.94 8. Available Principal Collections (total of 5., 6. & 7.): $109,275,899.43 L. Application of Available Principal Collections during Revolving Period. 1. Collateral Invested Amount $74,848,000.00 2. Required Collateral Invested Amount $74,848,000.00 3. Excess of Collateral Invested Amount over Required Collateral Invested Amount: $0.00 4. Treated as Shared Principal Collections: $109,275,899.43 - 71 - M. Application of Principal Collections During Accumulation or Amortization Period. 1. Principal Funding Account: N/A 2. Excess of Collateral Invested Amount over Required Collateral Invested Amount: N/A 3. Principal Distribution: N/A 4. Treated as Shared Principal Collections: N/A N. Application of Excess Spread and Excess Finance Charge Collections Allocated to Series 2000-5 1. Excess Spread: $8,043,996.51 2. Excess Finance Charge Collections: $0.00 3. Applied to fund Class A Required Amount: $0.00 4. Class A Investor Charge-Offs treated as Available Principal Collections: $0.00 5. Applied to fund Class B overdue Interest: $0.00 6. Applied to fund Class B Required Amount: $292,259.68 7. Reduction of Class B Invested Amount treated as Available Principal Collections: $0.00 8. Applied to Collateral Monthly Interest: $419,811.83 9. Applied to unpaid Monthly Servicing Fee: $1,313,130.00 10. Collateral Default Amount treated as Available Principal Collections: $347,057.79 11. Reduction of Collateral Invested Amount treated as Available Principal Collections: $0.00 12. Deposited to Reserve Account: $0.00 13. Applied to other amounts owed to Collateral Interest Holder: $0.00 14. Balance: $5,671,737.21 O. Yield and Base Rate 1. Base Rate a. Current Monthly Period 8.2199% b. Prior Monthly Period 8.9340% c. Second Prior Monthly Period 8.9695% 2. Three Month Average Base Rate 8.7078% 3. Series Adjusted Portfolio Yield a. Current Monthly Period 16.4307% b. Prior Monthly Period 16.5097% c. Second Prior Monthly Period 16.6539% 4. Three Month Average Series Adjusted Portfolio Yield 16.5314% - 73 -