-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JJ1oweLIzNftzEMqa22kAdYb6EgRC3caekHJRTSBSXh3ZfE3p0LwnhnIrY9TeEly no42sVJqrp3I5lmMYWC+4A== 0000909518-03-000199.txt : 20030411 0000909518-03-000199.hdr.sgml : 20030411 20030411170738 ACCESSION NUMBER: 0000909518-03-000199 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 4 CONFORMED PERIOD OF REPORT: 20021231 FILED AS OF DATE: 20030411 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BMW MANUFACTURING LP CENTRAL INDEX KEY: 0001126531 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-43128-03 FILM NUMBER: 03647540 BUSINESS ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07675 BUSINESS PHONE: 2013074000 MAIL ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07675 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FINANCIAL SERVICES VEHICLE TRUST CENTRAL INDEX KEY: 0001126525 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-43128-02 FILM NUMBER: 03647541 BUSINESS ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07675 BUSINESS PHONE: 2013074000 MAIL ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07675 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BMW AUTO LEASING LLC CENTRAL INDEX KEY: 0001126530 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-43128-01 FILM NUMBER: 03647542 BUSINESS ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07675 BUSINESS PHONE: 2013074000 MAIL ADDRESS: STREET 1: 300 CHESTNUT RIDGE RD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07675 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BMW VEHICLE LEASE TRUST 2000-A CENTRAL INDEX KEY: 0001120604 STANDARD INDUSTRIAL CLASSIFICATION: ASSET-BACKED SECURITIES [6189] FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-43128 FILM NUMBER: 03647543 BUSINESS ADDRESS: STREET 1: 300 CHESTNUT RIDGE ROAD CITY: WOODCLIFF LAKE STATE: NJ ZIP: 07675 BUSINESS PHONE: 2013074000 MAIL ADDRESS: STREET 1: 300 CHESTNUT RIDGE ROAD CITY: WOODCLIFF STATE: NJ ZIP: 07675 10-K 1 jd2000a_10k.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K [X] Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the fiscal year ended December 31, 2002 [ ] Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _________ to _________ 333-43128 333-43128-1 333-43128-2 333-43128-3 (Commission File Number) BMW VEHICLE LEASE TRUST 2000-A BMW AUTO LEASING LLC FINANCIAL SERVICES VEHICLE TRUST BMW MANUFACTURING LP (Exact name of registrant as specified in its charter) DELAWARE DELAWARE DELAWARE INDIANA 51-6518223 (State or other jurisdiction of (IRS Employer Identification No.) incorporation) 300 CHESTNUT RIDGE ROAD WOODCLIFF LAKE, NJ 07677 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code : (201) 307-4000 Securities registered pursuant to Section 12(b) of the Act: NONE Securities registered pursuant to Section 12(g) of the Act: NONE Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes [X] No [ ] Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K. [X] State the aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter. NOT APPLICABLE. Indicate the number of shares outstanding of each of the registrant's classes of common stock, as of the latest practicable date. NOT APPLICABLE. List hereunder the following documents if incorporated by reference and the Part of the Form 10-K (e.g. Part I, Part II, etc..) into which the document is incorporated: (1) Any annual report to security holders; (2) Any proxy or information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or (c) under the Securities Act of 1933. The listed documents should be clearly described for identification purposes (e.g. annual report to security holders for fiscal year ended December 24, 1980). NOT APPLICABLE. PART I Item 1. Business NOT APPLICABLE. Item 2. Properties NOT APPLICABLE. Item 3. Legal Proceedings NONE. Item 4. Submission of Matters to a Vote of Security Holders NONE. PART II Item 5. Market for Registrant's Common Equity and Related Stockholder Matters 2 NOT APPLICABLE. Item 6. Selected Financial Data NOT APPLICABLE. Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations NOT APPLICABLE. Item 7A. Quantitative and Qualitative Disclosures About Market Risk NOT APPLICABLE. Item 8. Financial Statements and Supplementary Data NOT APPLICABLE. Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure NONE. PART III Item 10. Directors and Executive Officers of the Registrant NOT APPLICABLE. Item 11. Executive Compensation NOT APPLICABLE. Item 12. Security Ownership of Certain Beneficial Owners and Management NOT APPLICABLE. Item 13. Certain Relationships and Related Transactions NOT APPLICABLE. Item 14. Control and Procedures NOT APPLICABLE 3 Item 15. Principal Accountant Fees and Services NOT APPLICABLE. PART IV Item 16. Exhibits, Financial Statement Schedules and Reports on Form 8-K (a) The following documents are filed as part of this report: (1) Financial Statements: NOT APPLICABLE. (2) Financial Statement Schedules: NOT APPLICABLE. (3) Exhibits: Exhibit 99.1 Annual Servicer Statement of Compliance Exhibit 99.2 Annual Statement of Independent Accountants Report for the Servicer Exhibit 99.3 Management Assertion (b) Reports on Form 8-K were filed during the last quarter of 2002 in order to provide servicer reports to investors on October 28, 2002, November 25, 2002 and December 31, 2002. 4 (c) EXHIBITS TO THIS REPORT ARE LISTED IN ITEM (14)(A)(3) ABOVE. (d) NOT APPLICABLE. SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. BMW Vehicle Lease Trust 2000-A BMW Auto Leasing LLC Financial Services Vehicle Trust BMW Manufacturing LP Signed: BMW Financial Services NA, LLC, as Servicer Date: April 11, 2003 By: /s/ Gerald Holzmann ------------------------------ Gerald Holzmann Chief Financial Officer SARBANES-OXLEY CERTIFICATION I, Gerald Holzmann, certify that: 1. I have reviewed this annual report on Form 10-K, and all reports on Form 8-K containing distribution or servicing reports filed in respect of periods included in the year covered by this annual report, of BMW Vehicle Lease Trust 2000-A, BMW Auto Leasing LLC, Financial Services Vehicle Trust and BMW Manufacturing LP; 2. Based on my knowledge, the information in these reports, taken as a whole, does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading as of the last day of the period covered by this annual report; 3. Based on my knowledge, the distribution or servicing information required to be provided to the trustee by the servicer under the pooling and servicing, or similar, agreement, for inclusion in these reports is included in these reports; 4. I am responsible for reviewing the activities performed by the servicer under the pooling and servicing, or similar, agreement and based upon my knowledge and the annual compliance review required under that agreement, and except as disclosed in the reports, the servicer has fulfilled its obligations under that agreement; and 5 5. The reports disclose all significant deficiencies relating to the servicer's compliance with the minimum servicing standards based upon the report provided by an independent public accountant, after conducting a review in compliance with the Uniform Single Attestation Program for Mortgage Bankers or similar procedure, as set forth in the pooling and servicing, or similar, agreement, that is included in these reports. Date: April 11, 2003 By: /s/ Gerald Holzmann ------------------------------------ Gerald Holzmann Chief Financial Officer SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(D) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT. The registrant has not sent an annual report or proxy material to its security holders. The registrant will not be sending an annual report or proxy material to its security holders subsequent to the filing of this form. EXHIBIT INDEX Exhibit Description 99.1 Servicer's Annual Statement of Compliance 99.2 Servicer's Annual Independent Accountant's Report 99.3 Managment Assertion 6 EX-99 3 jd4-10ex991_2000.txt 99.1 EXHIBIT 99.1 COMPLIANCE CERTIFICATE This Compliance Certificate is furnished pursuant to Section 2.12 of the 2000-A Servicing Supplement to the Basic Servicing Agreement dated as of November 1, 2000, among Financial Services Vehicle Trust, BMW Manufacturing LP and BMWFS, as Servicer (the "Servicing Supplement", and together with the Basic Servicing Agreement, the "Servicing Agreement") (all capitalized terms used herein without definition have the respective meanings specified in the Servicing Agreement). THE UNDERSIGNED HEREBY CERTIFIES THAT: 1. I am a duly authorized officer of the Servicer; 2. I have reviewed the terms of the Sale and Servicing Agreement and I have made, or have caused to be made under my supervision, a detailed review of the transactions and conditions of the Servicer and the performance of its obligations there under during the period from January 1, 2002 to December 31, 2002; 3. To my knowledge, based on the review described in paragraph 2, the Servicer has fulfilled all its obligations under the Sale and Servicing Agreement, during the period from January 1, 2002 to December 31, 2002, except as set forth below. Described below are the exceptions, if any, to paragraph 3 by listing, in detail, the nature of the condition or event, the period during which it has existed and the action which the Servicer has taken, is taking, or proposes to take with respect to each such condition or event: NONE IN WITNESS WHEREOF, I have affixed hereunto set my hand this 9th day of April, 2003. By: BMW Financial Services NA, LLC By: /s/ Gerald Holzmann -------------------------------- Gerald Holzmann Title: CFO EX-99 4 jd4-10ex992_2000.txt 99.2 EXHIBIT 99.2 Independent Accountants' Report ------------------------------- The Board of Directors BMW Financial Services NA, LLC We have examined management's assertion that the servicing of consumer finance receivables owned by BMW Vehicle Lease Trust 2000-A has been conducted by BMW Financial Services NA, LLC, in its capacity as servicer, in compliance with the servicing standards in all material respects as set forth in Article II of the 2000-A Servicing Supplement dated November 1, 2000, of the Basic Servicing Agreement dated August 30, 1995 (collectively, the Agreement), as of and for the year ended December 31, 2002. BMW Financial Service NA, LLC's management is responsible for the assertion. Our responsibility is to express an opinion on management's assertion based on our examination. Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants and, accordingly, included examining, on a test basis, evidence supporting management's assertion that the servicing of receivables has been conducted in compliance with the servicing standards as set forth in Article II of the Agreement, and performing such other procedures as we considered necessary in the circumstances. We believe that our examination provides a reasonable basis for our opinion. In our opinion, management's assertion that the servicing of the receivables has been conducted by BMW Financial Services NA, LLC, as Servicer, in compliance with the servicing standards as set forth in Article II of the 2000-A Servicing Supplement dated November 1, 2000, of the Basic Servicing Agreement dated August 30, 1995, as of and for the year ended December 31, 2002 is fairly stated, in all material respects. /s/ KPMG LLP April 11, 2003 EX-99 5 jd4-11ex993_2000.txt 99.3 EXHIBIT 99.3 MANAGEMENT ASSERTION For the period of January 1, 2002 to December 31, 2002, the servicing of consumer finance receivables owned by BMW Vehicle Lease Trust 2000-A has been conducted by BMW Financial Services NA, LLC, in its capacity as servicer, in compliance with the servicing standards in all material respects, set forth in Article II of the 2000-A Servicing Supplement dated November 1, 2000, of the Basic Servicing Agreement dated August 30, 1995. By: BMW Financial Services NA, LLC By: /s/ Gerald Holzmann ------------------------------- Gerald Holzmann Title: CFO -----END PRIVACY-ENHANCED MESSAGE-----