EX-99.6 8 y90580exv99w6.txt SERVICER REPORT: DVI RECEIVABLES XIV EXHIBIT 99.6 DVI RECEIVABLES XIV L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 I. RECONCILIATION OF COLLECTION ACCOUNT: End of Period Collection Account Balance as of Prior Payment Date: 402,305.83 Available Funds: Contract Payments due and received in this period 2,890,125.51 Contract Payments due in prior period(s) and received in this period 95,584.21 Contract Payments received in this period for next period 35,500.64 Sales, Use and Property Tax, Maintenance, Late Charges 70,525.47 Prepayment Amounts related to early termination in this period 5,740.09 Servicer Advance 1,621,626.31 Proceeds received from recoveries on previously Defaulted Contracts 0.00 Transfer from Reserve Account 2,865,984.34 Interest earned on Collection Account 1,401.11 Interest earned on SPG Account 213.46 Proceeds from repurchase of Contracts per Contribution and Servicing Agreement Section 5.03 0.00 Amounts paid per Contribution and Servicing Agreement Section 7.01 (Substituted contract < Predecessor contract) 0.00 Amounts paid under insurance policies 0.00 Any other amounts 0.00 -------------- Total Available Funds 7,989,006.97 Less: Amounts to be Retained in Collection Account 173,710.18 -------------- AMOUNT TO BE DISTRIBUTED 7,815,296.79 ============== DISTRIBUTION OF FUNDS: 1. To Trustee - Fees 0.00 2. To Servicer, any unreimbursed Nonrecoverable Advances or Servicer Advances 664,413.32 3. To Noteholders (For Servicer Report immediately following the Final Additional Closing Date) a) Class A1 Principal and Interest 0.00 a) Class A2 Principal (distributed after A1 Note matures) and Interest 0.00 a) Class A3 Principal (distributed after A2 Note matures) and Interest 5,648,770.43 a) Class A4 Principal (distributed after A3 Note matures) and Interest 518,751.20 b) Class B Principal and Interest 104,996.21 c) Class C Principal and Interest 210,103.01 d) Class D Principal and Interest 141,150.13 e) Class E Principal and Interest 184,199.22 4. To Reserve Account for Requirement per Indenture Agreement Section 3.08 223,429.93 5. To Issuer - Residual Principal and Interest and Reserve Account Distribution a) Residual Interest (Provided no Restricting or Amortization Event in effect) 0.00 b) Residual Principal (Provided no Restricting or Amortization Event in effect) 0.00 c) Reserve Account Distribution (Provided no Restricting or Amortization Event in effect) 0.00 6. To Servicer, Tax, Maintenance, Late Charges and Bank Interest Earned and Any Other Amounts 70,525.47 7. To Servicer, Servicing Fee and other Servicing Compensations 48,957.87 -------------- TOTAL FUNDS DISTRIBUTED 7,815,296.79 ============== -------------- End of Period Collection Account Balance {Includes Payments in Advance & Restricting Event Funds (if any)} 173,710.18 ============== II. RESERVE ACCOUNT Beginning Balance $ 4,876,395.87 - Add Investment Earnings $ 3,511.53 - Add Transfer from Certificate Account (To Satisfy Reserve Account Requirement) $ 223,429.93 - Less Distribution to Certificate Account $ 2,865,984.34 -------------- End of period balance $ 2,237,352.99 ============== Reserve Account Requirement (Lesser of: (i) Initial Reserve Account Required Amount, or (ii) Sum of Class A, Class B, Class C, Class D, and Class E Note Balances $ 4,876,395.87 ==============

DVI RECEIVABLES XIV L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 III. CLASS A NOTE PRINCIPAL BALANCE Beginning Principal Balance of the Class A Notes Pool A 103,803,019.68 Pool B 13,239,117.57 -------------- Class A Overdue Interest, if any 0.00 117,042,137.25 Class A Monthly Interest - Pool A 497,515.82 Class A Monthly Interest - Pool B 63,453.55 Class A Overdue Principal, if any 149,493.31 Class A Monthly Principal - Pool A 4,980,034.93 Class A Monthly Principal - Pool B 626,517.33 Excess (Shortfall) cash to Principal 0.00 Reserve Account Distribution 0.00 Cash Shortfall due to Residual funds erroneously received in August (149,493.31) 5,606,552.26 -------------- Ending Principal Balance of the Pools AA Notes 98,822,984.75 Pool B 12,612,600.24 -------------- -------------- 111,435,584.99 ============== --------------------------------------------------------------------------------------------- Interest Paid Per $1,000 Principal Paid Per $1,000 Ending Principal Original Face $286,080,000 Original Face $286,080,000 Balance Factor $ 1.960883 $ 20.120405 38.952595% --------------------------------------------------------------------------------------------- IV. CLASS A NOTE PRINCIPAL BALANCE Beginning Principal Balance of the Class A Notes Class A1 0.00 Class A2 0.00 Class A3 9,862,137.25 Class A4 107,180,000.00 -------------- Class A Monthly Interest 117,042,137.25 Class A1 (Actual Number Days/360) 0.00 Class A2 0.00 Class A3 42,218.17 Class A4 518,751.20 -------------- Class A Monthly Principal Class A1 0.00 Class A2 0.00 Class A3 5,606,552.26 Class A4 0.00 -------------- 5,606,552.26 Ending Principal Balance of the Class A Notes Class A1 0.00 Class A2 0.00 Class A3 4,255,584.99 Class A4 107,180,000.00 -------------- -------------- 111,435,584.99 ============== Class A3 ---------------------------------------------------------------------------------------------- Interest Paid Per $1,000 Principal Paid Per $1,000 Ending Principal Original Face $82,500,000 Original Face $82,500,000 Balance Factor $ 0.511735 $ 67.958209 5.158285% ----------------------------------------------------------------------------------------------

DVI RECEIVABLES XIV L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 V. CLASS B NOTE PRINCIPAL BALANCE Beginning Principal Balance of the Class B Notes Pool A 1,770,689.09 Pool B 225,835.06 ------------ 1,996,524.15 Class B Overdue Interest, if any 0.00 Class B Monthly Interest - Pool A 8,300.11 Class B Monthly Interest - Pool B 1,058.60 Class B Overdue Principal, if any 2,550.08 Class B Monthly Principal - Pool A 84,950.26 Class B Monthly Principal - Pool B 10,687.24 Cash Shortfall due to Residual funds erroneously received in August (2,550.08) 95,637.50 ------------ Ending Principal Balance of the Class B Notes Pool A 1,685,738.83 Pool B 215,147.82 ------------ ------------ 1,900,886.65 ============ --------------------------------------------------------------------------------------- Interest Paid Per $1,000 Principal Paid Per $1,000 Ending Principal Original Face $4,880,000 Original Face $4,880,000 Balance Factor $ 1.917768 $ 19.597848 38.952595% --------------------------------------------------------------------------------------- VI. CLASS C NOTE PRINCIPAL BALANCE Beginning Principal Balance of the Class C Notes Pool A 3,537,749.74 Pool B 451,207.35 -------------- 3,988,957.09 Class C Overdue Interest, if any 0.00 Class C Monthly Interest - Pool A 16,872.12 Class C Monthly Interest - Pool B 2,151.88 Class C Overdue Principal, if any 5,094.94 Class C Monthly Principal - Pool A 169,726.44 Class C Monthly Principal - Pool B 21,352.57 Cash Shortfall due to Residual funds erroneously received in August (5,094.94) 191,079.01 -------------- Ending Principal Balance of the Class C Notes Pool A 3,368,023.30 Pool B 429,854.78 -------------- -------------- 3,797,878.08 ============== --------------------------------------------------------------------------------------------- Interest Paid Per $1,000 Principal Paid Per $1,000 Ending Principal Original Face $9,750,000 Original Face $9,750,000 Balance Factor $ 1.951179 $ 19.597847 38.952596% ---------------------------------------------------------------------------------------------

DVI RECEIVABLES XIV L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 VII. CLASS D NOTE PRINCIPAL BALANCE Beginning Principal Balance of the Class D Notes Pool A 2,358,499.79 Pool B 300,804.88 -------------- 2,659,304.67 Class D Overdue Interest, if any 0.00 Class D Monthly Interest - Pool A 12,207.20 Class D Monthly Interest - Pool B 1,556.92 Class D Overdue Principal, if any 3,396.63 Class D Monthly Principal - Pool A 113,150.96 Class D Monthly Principal - Pool B 14,235.05 Cash Shortfall due to Residual funds erroneously received in August (3,396.63) 127,386.01 -------------- Ending Principal Balance of the Class D Notes Pool A 2,245,348.83 Pool B 286,569.83 -------------- -------------- 2,531,918.66 ============== ------------------------------------------------------------------------------------------ Interest Paid Per $1,000 Principal Paid Per $1,000 Ending Principal Original Face $6,500,000 Original Face $6,500,000 Balance Factor $ 2.117557 $ 19.597848 38.952595% ------------------------------------------------------------------------------------------ VIII. CLASS E NOTE PRINCIPAL BALANCE Beginning Principal Balance of the Class E Notes Pool A 2,949,939.00 Pool B 376,237.52 -------------- 3,326,176.52 Class E Overdue Interest, if any 0.00 Class E Monthly Interest - Pool A 22,055.71 Class E Monthly Interest - Pool B 2,813.00 Class E Overdue Principal, if any 4,248.39 Class E Monthly Principal - Pool A 141,525.75 Class E Monthly Principal - Pool B 17,804.76 Cash Shortfall due to Residual funds erroneously received in August (4,248.39) 159,330.51 -------------- Ending Principal Balance of the Class E Notes Pool A 2,808,413.25 Pool B 358,432.76 -------------- -------------- 3,166,846.01 ============== -------------------------------------------------------------------------------------- Interest Paid Per $1,000 Principal Paid Per $1,000 Ending Principal Original Face $8,130,000 Original Face $8,130,000 Balance Factor $ 3.058882 $ 19.597849 38.952595% --------------------------------------------------------------------------------------

DVI RECEIVABLES XIV L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 IX. ISSUERS RESIDUAL PRINCIPAL BALANCE Beginning Residual Principal Balance Pool A 3,538,859.22 Pool B 451,348.86 -------------- 3,990,208.08 Residual Interest - Pool A 0.00 Residual Interest - Pool B 0.00 Residual Principal - Pool A 174,876.21 Residual Principal - Pool B 21,359.27 -------------- 196,235.48 Ending Residual Principal Balance Pool A 3,363,983.01 Pool B 429,989.59 -------------- -------------- 3,793,972.60 ============== X. PAYMENT TO SERVICER - Collection period Servicer Fee 48,957.87 - Servicer Advances reimbursement 664,413.32 - Tax, Maintenance, Late Charges, Bank Interest and other amounts 70,525.47 -------------- Total amounts due to Servicer 783,896.66 ==============

DVI RECEIVABLES XIV L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 XI. AGGREGATE DISCOUNTED CONTRACT BALANCE POOL A Aggregate Discounted Contract Balance, as defined in Indenture Agreement, at the beginning of the related Collection Period 117,958,756.51 Aggregate Discounted Contract Balance of Additional Contracts acquired during Collection Period 0.00 Decline in Aggregate Discounted Contract Balance 5,829,047.88 -------------- Aggregate Discounted Contract Balance, as defined in Indenture Agreement, at the ending of the related Collection Period 112,129,708.63 ============== Components of Decline in Aggregate Discounted Contract Balance: - Principal portion of Contract Payments and Servicer Advances 3,306,082.32 - Principal portion of Prepayment Amounts 5,756.27 - Principal portion of Contracts repurchased under Indenture Agreement Section 4.02 0.00 - Aggregate Discounted Contract Balance of Contracts that have become Defaulted Contracts during the Collection Period 2,517,209.29 - Aggregate Discounted Contract Balance of Substitute Contracts added during Collection Period 0.00 - Aggregate Discounted Contract Balance of Predecessor Contracts withdrawn during Collection Period 0.00 -------------- Total Decline in Aggregate Discounted Contract Balance 5,829,047.88 ============== POOL B Aggregate Discounted Contract Balance, as defined in Indenture Agreement, at the beginning of the related Collection Period 15,044,551.23 Aggregate Discounted Contract Balance of Additional Contracts acquired during Collection Period 0.00 Decline in Aggregate Discounted Contract Balance 711,956.21 -------------- Aggregate Discounted Contract Balance, as defined in Indenture Agreement, at the ending of the related Collection Period 14,332,595.02 ============== Components of Decline in Aggregate Discounted Contract Balance: - Principal portion of Contract Payments and Servicer Advances 711,351.75 - Principal portion of Prepayment Amounts 0.00 - Principal portion of Contracts repurchased under Indenture Agreement Section 4.02 0.00 - Aggregate Discounted Contract Balance of Contracts that have become Defaulted Contracts during the Collection Period 604.46 - Aggregate Discounted Contract Balance of Substitute Contracts added during Collection Period 0.00 - Aggregate Discounted Contract Balance of Predecessor Contracts withdrawn during Collection Period 0.00 -------------- Total Decline in Aggregate Discounted Contract Balance 711,956.21 ============== -------------- AGGREGATE DISCOUNTED CONTRACT BALANCE AT THE END OF THE RELATED COLLECTION PERIOD 126,462,303.65 ==============

DVI RECEIVABLES XIV, L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 XII. CUMULATIVE DETAIL OF DEFAULTED CONTRACTS* POOL A
Discounted Discounted Lease # Present Value Lease # Present Value ------- ------------- ------- ------------- #* 2858-001 (08/03) 2,516,760.25 #* 2003899-001 (09/03) 449.04 ------------- Totals: $2,517,209.29
POOL B
Discounted Discounted Lease # Present Value Lease # Present Value ------- ------------- ------- ------------- ~~------------- Totals: $0.00~~
a) DISCOUNTED CONTRACT BALANCES OF ALL DEFAULTED CONTRACTS $2,517,209.29 b) ADCB AT CLOSING DATE 325,093,057.74 c) (CANNOT EXCEED 6% OVER THE LIFE OF THE POOL) 0.77% * ANY CONTRACT PAYMENT (OR PORTION THEREOF) DELINQUENT > 180 DAYS. ** THE SERVICER HAS DECLINED TO ADVANCE ON THE GROUNDS THAT IT IS A NONRECOVERABLE ADVANCE # NONRECOVERABLE DVI RECEIVABLES XIV, L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 XIII. CUMULATIVE DETAIL OF DELINQUENT CONTRACTS REPURCHASED* POOL A Repurchases $ 13,245,573.06 Substitutions $ 11,381,843.19 POOL B Repurchases $ 2,153,767.98 Substitutions $ -- TOTAL ----------------- $ 26,781,184.23

a) DISCOUNTED CONTRACT BALANCES OF ALL DELINQUENT CONTRACTS REPURCHASED $ 26,781,184.23 b) ADCB AT CLOSING DATE 325,093,057.74 c) (CANNOT EXCEED 15% OVER THE LIFE OF THE POOL) 8.24% * ANY DELINQUENT CONTRACT THE SERVICER HAS REPURCHASED FROM THE POOL DVI RECEIVABLES XIV L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 XIV. CUMULATIVE DETAIL OF SUBSTITUTED CONTRACTS - PREPAYMENTS Pool A Predecessor Discounted Predecessor Discounted Lease # Lessee Name Present Value Lease # Present Value ------- ----------- ------------- ----------- --------------- 3355-004 $1,178,581.83 4424-401 $ 1,264,331.32 CASH $ 520,726.22 4424-402 $ 434,976.73 ------------- --------------- Total: $1,699,308.05 $ 1,699,308.05 a) A DISCOUNTED CONTRACT BALANCES OF ALL PREPAID CONTRACTS $ 1,699,308.05 b) ADCB OF POOL A AT CLOSING DATE $272,767,516.82 c) (CANNOT EXCEED 10% OVER THE LIFE OF THE POOL) 0.62% DATA FOR CURRENT REPORTING PERIOD SUBSTITUTIONS a) Total discounted Contract Balance of Predecessor Receivables $0.00 b) Total discounted Contract Balance of Substitute Receivables $0.00 c) If (a) > (b), amount to be deposited in Collection Account per Contribution & Servicing Agreement Section 7.02 $0.00 CHANGES IN ANY OF THE ABOVE DETAIL DURING THE RELATED COLLECTION PERIOD YES NO X ---------- --------- Pool B Predecessor Discounted Predecessor Discounted Lease # Lessee Name Present Value Lease # Present Value ------- ----------- ------------- ----------- --------------- NONE ------------- --------------- Totals: $ 0.00 $ 0.00 a) DISCOUNTED CONTRACT BALANCES OF ALL PREPAID CONTRACTS $ 0.00 b) ADCB OF POOL B AT CLOSING DATE $ 52,325,540.92 c) (CANNOT EXCEED 10% OVER THE LIFE OF THE POOL UNLESS RATING AGENCY APPROVES) $ 0.00 * ANY CONTRACT DELINQUENT > 60 DAYS OR HAS DEFAULTED ( > 180 DAYS), THE SERVICER HAS FAILED TO ADVANCE, OR A BANKRUPTCY PETITION HAS BEEN FILED DATA FOR CURRENT REPORTING PERIOD SUBSTITUTIONS a) Total discounted Contract Balance of Predecessor Receivables $0.00 b) Total discounted Contract Balance of Substitute Receivable $0.00 c) If (a) > (b), amount to be deposited in Collection Amount per Contribution & Servicing Agreement Section 7.02 $0.00 CHANGE IN ANY OF THE ABOVE DETAIL DURING THE RELATED COLLECTION PERIOD YES NO X ---------- ---------

DV RECEIVABLES XIV, L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 XV. CUMULATIVE DETAIL OF SUBSTITUTED CONTRACTS - NON-PERFORMING - (POOL A) & GENERAL RIGHTS (POOL B)
Pool A - Non-Performing Predecessor Discounted Predecessor Discounted Lease # Lessee Name Present Value Lease # Present Value ---------------------------------- -------------- ----------- --------------- 2707-201 1,045,934.66 2041-203 3,154,026.34 2707-202 491,545.72 2708-201 1,305,725.82 2706-202 90,653.94 2706-207 215,544.48 Cash 4,621.72 2869-001 2,037,442.62 3271-002 2,317,472.63 2769-001 2,940,134.55 3702-003 2,946,305.69 2770-001 3,087,098.20 3714-001 1,470,213.52 2002918-002 25,199.70 3718-006 1,893,050.93 2004445-001 85,324.68 2002452-001 52,617.10 -------------- --------------- Totals: $11,781,069.11 $11,381,843.19 a) DISCOUNTED CONTRACT BALANCES OF ALL NON-PERFORMING CONTRACTS 11,381,843.19 b) ADCB OF POOL A AT CLOSING DATE $272,767,516.82 c) (CANNOT EXCEED 10% OVER THE LIFE OF THE POOL) 4.17%
DATA FOR CURRENT REPORTING PERIOD SUBSTITUTIONS a) Total discounted Contract Balance of Predecessor Receivables $0.00 b) Total discounted Contract Balance of Substitute Receivables $0.00 c) If (a) > (b) amount to be deposited in Collection Account per Contribution & Servicing Agreement Section 7.02 $0.00 Change in any of the above detail during the related Collection Period YES [ ] NO [X]

Pool B - General Contract Substitution Rights Predecessor Discounted Predecessor Discounted Lease # Lessee Name Present Value Lease # Present Value ---------------------------------- -------------- ----------- --------------- NONE -------------- --------------- Totals: $0.00 $0.00 a) DISCOUNTED CONTRACT BALANCES OF ALL CONTRACTS SUBSTITUTED $0.00 b) ADCB OF POOL B AT CLOSING DATE $52,325,540.92 c) (CANNOT EXCEED 10% OVER THE LIFE OF THE POOL) 0.00%
* ANY CONTRACT DELINQUENT > 60 DAYS OR HAS DEFAULTED ( > 180 DAYS), THE SERVICER HAS DECLINED TO ADVANCE OR A BANKRUPTCY PETITION HAS BEEN FILED. DATA FOR CURRENT REPORTING PERIOD SUBSTITUTIONS a) Total discounted Contract Balance of Predecessor Receivables $0.00 b) Total discounted Contract Balance of Substitute Receivables $0.00 c) If (a) > (b) amount to be deposited in Collection Account per Contribution & Servicing Agreement Section 7.02 $0.00 Change in any of the above detail during the related Collection Period YES [ ] NO [X]

DVI RECEIVABLES XIV, L.L.C. 2001-1 SERVICER REPORT FOR THE PAYMENT DATE SEPTEMBER 11, 2003 XVI. POOL PERFORMANCE MEASUREMENTS 1. Aggregate Discounted Contract Balance Contracts Delinquent > 90 days TOTAL OUTSTANDING CONTRACTS This Month 701,504.68 This Month 126,462,303.64 1 Month Prior 2,492,606.38 1 Month Prior 133,003,307.74 2 Months Prior 2,568,941.51 2 Months Prior 137,413,546.57 Total 5,763,052.57 Total 396,879,157.95 a) 3 Month Average 1,921,017.52 b) 3 Month Average 132,293,052.65 c) a/b 1.45% 2. Does a Delinquency Condition Exist (1c >6%)? Yes No X ----- ----- 3. Restricting Event Check A. A Delinquency Condition exists for current period? Yes No X ----- ----- B. An Indenture Event of Default has occurred and is then continuing? Yes No ----- ----- 4. Has Servicer Event of Default occurred? Yes No ----- ----- 5. Amortization Event Check A. Is c > 8%? Yes No X ----- ----- B. Bankruptcy, insolvency, reorganization; default/violation of any covenant or obligation not remedied within 90 days? Yes No ----- ----- C. As of any Determination date, the sum of all defaulted contracts since the Closing date exceeds 6% of the ADCB on the Closing Date? Yes No X ----- ----- 6. Aggregate Discounted Contract Balance at Closing Date Balance $ 325,093,057.74 ------------------ Aggregate Discounted Contract Balances (A.D.C.B.) of contracts listed as more than: TOTAL % OF TOTAL A.D.C.B. A.D.C.B. A.D.C.B. ------------- -------------- ---------- 30 Days Overdue 19,550,972.22 126,462,303.64 15.460% 60 Days Overdue 3,900,097.57 126,462,303.64 3.084% 90 Days Overdue 663,066.06 126,462,303.64 0.524% 120 Days Overdue 38,438.62 126,462,303.64 0.030% 150 Days Overdue 0.00 126,462,303.64 0.000% 180 Days Overdue 0.00 126,462,303.64 0.000%

DVI RECEIVABLES XIV L.L.C. 2001-1 FUNDS TRANSFER FOR THE PAYMENT DATE SEPTEMBER 11, 2003 Please transfer the following funds from DVI Collection A # 33-38702-1 To the Distribution Account 6,399,215.83 -------------- Please transfer the following funds from DVI Collection B # 33-38702-3 To the Distribution Account 554,777.78 -------------- Please transfer the following funds from SPG Collection A # 33-38702-0 To the Distribution Account 585,075.63 -------------- Please transfer the following funds from SPG Collection B # 33-38702-2 To the Distribution Account 276,227.55 --------------