EX-99.2 4 a04-2150_1ex99d2.htm EX-99.2

Exhibit 99.2

CARD SERIES SCHEDULE TO
MONTHLY NOTEHOLDERS’ STATEMENT

 

Date:       February 10, 2004

 

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1
Monthly Period Ending: January 31, 2004

 

 

Reference is made to the Series 2002-CC Supplement (the “Series 2002-CC Supplement”), dated as of October 9, 2002, between Capital One Funding, LLC, a Virginia limited liability company (“Funding”), as Transferor, Capital One Bank, a Virginia banking corporation (the “Bank”), as Servicer, and The Bank of New York, as Trustee, and the Indenture (the “Indenture”), dated as of October 9, 2002, between Capital One Multi-asset Execution Trust, as Issuer, and The Bank of New York, as Indenture Trustee.  Terms used herein and not defined herein have the meanings ascribed to them in the Series 2002-CC Supplement, the Indenture and the related Indenture Supplements, as applicable.

 

The following computations are prepared with respect to the Transfer Date of February 13, 2004 and with respect to the performance of the Trust during the related Monthly Period.

 

 

A. Targeted Deposits to Interest Funding sub-Accounts:

 

 

 

Targeted Deposit to
Interest Funding
sub-Account

 

Actual Deposit to

Interest Funding

sub-Account

 

Interest Funding sub-
account Balance prior
to Withdrawals

 

Interest Funding sub-
Account Earnings

 

Class A (2002-1)

 

627,916.67

 

627,916.67

 

627,916.67

 

0.00

 

Class A (2002-2)

 

709,500.00

 

709,500.00

 

709,500.00

 

0.00

 

Class A (2003-1)

 

1,639,000.00

 

1,639,000.00

 

1,639,000.00

 

0.00

 

Class A (2003-A)

 

552,040.95

 

552,040.95

 

552,040.95

 

0.00

 

Class A (2003-2)

 

554,583.33

 

554,583.33

 

554,583.33

 

0.00

 

Class A (2003-3)

 

618,750.00

 

618,750.00

 

618,750.00

 

0.00

 

Class A (2003-4)

 

2,281,250.00

 

2,281,250.00

 

2,281,250.00

 

0.00

 

Class A (2003-5)

 

637,083.33

 

637,083.33

 

637,083.33

 

0.00

 

Class A (2003-6)

 

1,229,166.67

 

1,229,166.67

 

1,229,166.67

 

0.00

 

Class A (2003-7)

 

880,000.00

 

880,000.00

 

880,000.00

 

0.00

 

Class B (2002-1)

 

571,083.33

 

571,083.33

 

571,083.33

 

0.00

 

Class B (2003-1)

 

416,166.67

 

416,166.67

 

416,166.67

 

0.00

 

Class B (2003-2)

 

437,500.00

 

437,500.00

 

437,500.00

 

0.00

 

Class B (2003-3)

 

562,500.00

 

562,500.00

 

562,500.00

 

0.00

 

Class B (2003-4)

 

348,333.33

 

348,333.33

 

348,333.33

 

0.00

 

Class B (2003-5)

 

598,750.00

 

598,750.00

 

598,750.00

 

0.00

 

Class B (2003-6)

 

373,541.67

 

373,541.67

 

373,541.67

 

0.00

 

Class B (2004-1)

 

192,500.00

 

192,500.00

 

192,500.00

 

0.00

 

Class C (2002-1)

 

529,375.00

 

529,375.00

 

529,375.00

 

0.00

 

Class C (2003-A)

 

398,750.00

 

398,750.00

 

398,750.00

 

0.00

 

Class C (2003-B)

 

590,153.93

 

590,153.93

 

590,153.93

 

0.00

 

Class C (2003-1)

 

836,458.33

 

836,458.33

 

836,458.33

 

0.00

 

Class C (2003-2)

 

810,000.00

 

810,000.00

 

810,000.00

 

0.00

 

Class C (2003-3)

 

767,708.33

 

767,708.33

 

767,708.33

 

0.00

 

Class C (2003-4)

 

1,250,000.00

 

1,250,000.00

 

1,250,000.00

 

0.00

 

Class C (2003-5)

 

309,375.00

 

309,375.00

 

309,375.00

 

0.00

 

Class C (2004-1)

 

453,333.33

 

453,333.33

 

453,333.33

 

0.00

 

 

 

 

 

 

 

 

 

 

 

Page 6 of 11



 

B. Interest to be paid on the corresponding Distribution Date:

 

 

 

CUSIP Number

 

Interest Payment Date

 

Total Amount of
Interest to be paid

 

Per $1000

 

Class A (2002-1)

 

14041NAC5

 

17-Feb-04

 

627,916.67

 

1.2558333333

 

Class A (2002-2)

 

14041NAD3

 

17-Feb-04

 

709,500.00

 

1.1825000000

 

Class A (2003-1)

 

14041NAJ0

 

17-Feb-04

 

1,639,000.00

 

1.3658333333

 

Class A (2003-A)

 

 

 

17-Feb-04

 

552,040.95

 

1.3801023833

 

Class A (2003-2)

 

14041NAR2

 

17-Feb-04

 

554,583.33

 

1.1091666667

 

Class A (2003-3)

 

14041NAS0

 

17-Feb-04

 

618,750.00

 

1.2375000000

 

Class A (2003-4)

 

14041NAW1

 

17-Feb-04

 

2,281,250.00

 

3.0416666667

 

Class A (2003-5)

 

14041NAX9

 

17-Feb-04

 

637,083.33

 

1.2741666667

 

Class A (2003-6)

 

14041NAY7

 

17-Feb-04

 

1,229,166.67

 

2.4583333333

 

Class A (2003-7)

 

14041NBC4

 

17-Feb-04

 

880,000.00

 

1.1733333333

 

Class B (2002-1)

 

14041NAA9

 

17-Feb-04

 

571,083.33

 

1.6316666667

 

Class B (2003-1)

 

14041NAK7

 

17-Feb-04

 

416,166.67

 

2.0808333333

 

Class B (2003-2)

 

14041NAL5

 

17-Feb-04

 

437,500.00

 

2.9166666667

 

Class B (2003-3)

 

14041NAT8

 

17-Feb-04

 

562,500.00

 

3.7500000000

 

Class B (2003-4)

 

14041NAU5

 

17-Feb-04

 

348,333.33

 

1.7416666667

 

Class B (2003-5)

 

14041NBA8

 

17-Feb-04

 

598,750.00

 

3.9916666667

 

Class B (2003-6)

 

14041NBB6

 

17-Feb-04

 

373,541.67

 

1.4941666667

 

Class B (2004-1)

 

14041N BF7

 

17-Feb-04

 

192,500.00

 

0.7700000000

 

Class C (2002-1)

 

14041NAB7

 

17-Feb-04

 

529,375.00

 

3.5291666667

 

Class C (2003-A)

 

14041NAE1

 

17-Feb-04

 

398,750.00

 

3.9875000000

 

Class C (2003-B)

 

 

 

17-Feb-04

 

590,153.93

 

3.9343595333

 

Class C (2003-1)

 

14041NAP6

 

17-Feb-04

 

836,458.33

 

3.3458333333

 

Class C (2003-2)

 

14041NAQ4

 

17-Feb-04

 

810,000.00

 

3.6000000000

 

Class C (2003-3)

 

14041NAV3

 

17-Feb-04

 

767,708.33

 

3.0708333333

 

Class C (2003-4)

 

14041NAZ4

 

17-Feb-04

 

1,250,000.00

 

5.0000000000

 

Class C (2003-5)

 

14041NBD2

 

17-Feb-04

 

309,375.00

 

2.0625000000

 

Class C (2004-1)

 

14041N BE0

 

17-Feb-04

 

453,333.33

 

2.2666666667

 

 

 

C. Targeted Deposits to Principal Funding sub-Accounts:

 

 

 

Targeted Deposit to
Principal Funding sub-
Account

 

Actual Deposit to Principal
Funding sub-Account

 

Principal Funding sub-
account Balance prior to
Withdrawals

 

Principal Funding sub-
Account Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

 

D. Principal to be paid on the Distribution Date:

 

 

 

 

CUSIP Number

 

Principal Payment Date

 

Total Amount of Principal to be paid

 

Per 1000

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

E. Targeted Deposits to Class C Reserve sub-Accounts:

 

 

 

Targeted Deposit to
Class C Reserve sub-
Account

 

Actual Deposit to Class C
Reserve sub-Account

 

Class C Reserve sub-
Account Balance prior to
Withdrawals

 

Class C Reserve sub-
Account Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

Page 7 of 11



 

F. Withdrawals to be made from Class C Reserve sub-Accounts:

 

 

 

Withdrawals for Interest

 

Withdrawals for Principal

 

Class C Reserve sub-Account
Balance after Withdrawals

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

G. Targeted Deposits to Class D Reserve sub-Accounts:

 

 

 

Targeted Deposit to

Class D Reserve
sub-Account

 

Actual Deposit to Class D
Reserve sub-Account

 

Class D Reserve sub-Account
Balance prior to Withdrawals

 

Class D Reserve sub-Account
Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

H. Withdrawals to be made from Class D Reserve sub-Accounts:

 

 

 

Withdrawals for Interest

 

Withdrawals for Principal

 

Class D Reserve sub-Account
Balance after Withdrawals

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

I. Targeted Deposits to Accumulation Reserve sub-Accounts:

 

 

 

Targeted Deposit to
Accumulation Reserve
sub-Account

 

Actual Deposit to
Accumulation Reserve sub-
Account

 

Accumulation Reserve sub-
Account Balance prior to
Withdrawals

 

Accumulation Reserve sub-
Account Earnings

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

 

J. Withdrawals to be made from Accumulation Reserve sub-Accounts:

 

 

 

Withdrawal Amount

 

Accumulation Reserve sub-

Account  Balance after
Withdrawals

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

Page 8 of 11

 



 

K. Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period:
(as of the end of the related Monthly Period)

 

 

 

Initial Dollar Principal Amount

 

Outstanding Dollar Principal Amount

 

Adjusted Outstanding Dollar Principal Amount

 

Nominal Liquidation Amount

 

Class A (2002-1)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2002-2)

 

600,000,000.00

 

600,000,000.00

 

600,000,000.00

 

600,000,000.00

 

Class A (2003-1)

 

1,200,000,000.00

 

1,200,000,000.00

 

1,200,000,000.00

 

1,200,000,000.00

 

Class A (2003-A)

 

400,000,000.00

 

400,000,000.00

 

400,000,000.00

 

400,000,000.00

 

Class A (2003-2)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2003-3)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2003-4)

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

Class A (2003-5)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2003-6)

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

500,000,000.00

 

Class A (2003-7)

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

750,000,000.00

 

Class B (2002-1)

 

350,000,000.00

 

350,000,000.00

 

350,000,000.00

 

350,000,000.00

 

Class B (2003-1)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class B (2003-2)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2003-3)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2003-4)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class B (2003-5)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class B (2003-6)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class B (2004-1)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class C (2002-1)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class C (2003-A)

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

100,000,000.00

 

Class C (2003-B)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class C (2003-1)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class C (2003-2)

 

225,000,000.00

 

225,000,000.00

 

225,000,000.00

 

225,000,000.00

 

Class C (2003-3)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class C (2003-4)

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

250,000,000.00

 

Class C (2003-5)

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

150,000,000.00

 

Class C (2004-1)

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

200,000,000.00

 

Class D (2002-1)

 

 

 

146,577,655.72

 

146,577,655.72

 

146,577,655.72

 

 

 

L. Class A Usage of Class B, C and D Subordination Amounts:

 

 

 

Class A Usage of
Class B
Subordination
Amount for this
Monthly Period

 

Class A Usage of
Class C
Subordination
Amount for this
Monthly Period

 

Class A Usage of
Class D
Subordination
Amount for this
Monthly Period

 

Cumulative
Class A Usage of
Class B
Subordination
Amount

 

Cumulative
Class A Usage of
Class C
Subordination
Amount

 

Cumulative
Class A Usage of
Class D
Subordination
Amount

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

M. Class B Usage of Class C and D Subordination Amounts:

 

 

 

Class B Usage of Class C Subordination Amount for this Monthly Period

 

Class B Usage of Class D Subordination Amount for this Monthly Period

 

Cumulative Class B Usage of Class C Subordination Amount

 

Cumulative Class B Usage of Class D Subordination Amount

 

 

 

 

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

 

 

Page 9 of 11



 

N. Class C Usage of Class D Subordination Amounts:

 

 

 

Class C Usage of Class D
Subordination Amount for this
Monthly Period

 

Cumulative Class C Usage of
Class D Subordination Amount

 

 

 

 

 

 

 

NOTHING TO REPORT

 

 

 

 

 

 

O. Required and Available Subordination Amount to Class A, B and C Notes: (as of the Determination Date, after taking into account all allocations expected to occur on the Distribution Date)

 

 

 

Required
Subordination
Amount from
Class B Notes

 

Available
Subordination
Amount from
Class B Notes

 

Required
Subordination
Amount from
Class C Notes

 

Available
Subordination
Amount from
Class C Notes

 

Required
Subordination
Amount from
Class D Notes

 

Available
Subordination
Amount from
Class D Notes

 

Class A (2002-1)

 

61,538,500.00

 

61,538,500.00

 

44,615,500.00

 

44,615,500.00

 

9,231,000.00

 

9,231,000.00

 

Class A (2002-2)

 

73,846,200.00

 

73,846,200.00

 

53,538,600.00

 

53,538,600.00

 

11,077,200.00

 

11,077,200.00

 

Class A (2003-1)

 

147,692,400.00

 

147,692,400.00

 

107,077,200.00

 

107,077,200.00

 

22,154,400.00

 

22,154,400.00

 

Class A (2003-A)

 

49,230,800.00

 

49,230,800.00

 

35,692,400.00

 

35,692,400.00

 

7,384,800.00

 

7,384,800.00

 

Class A (2003-2)

 

61,538,500.00

 

61,538,500.00

 

44,615,500.00

 

44,615,500.00

 

9,231,000.00

 

9,231,000.00

 

Class A (2003-3)

 

61,538,500.00

 

61,538,500.00

 

44,615,500.00

 

44,615,500.00

 

9,231,000.00

 

9,231,000.00

 

Class A (2003-4)

 

92,307,750.00

 

92,307,750.00

 

66,923,250.00

 

66,923,250.00

 

13,846,500.00

 

13,846,500.00

 

Class A (2003-5)

 

61,538,500.00

 

61,538,500.00

 

44,615,500.00

 

44,615,500.00

 

9,231,000.00

 

9,231,000.00

 

Class A (2003-6)

 

61,538,500.00

 

61,538,500.00

 

44,615,500.00

 

44,615,500.00

 

9,231,000.00

 

9,231,000.00

 

Class A (2003-7)

 

92,307,750.00

 

92,307,750.00

 

66,923,250.00

 

66,923,250.00

 

13,846,500.00

 

13,846,500.00

 

Class B (2002-1)

 

 

 

 

 

129,226,899.39

 

129,226,899.39

 

26,737,214.54

 

26,737,214.54

 

Class B (2003-1)

 

 

 

 

 

73,843,942.51

 

73,843,942.51

 

15,278,408.31

 

15,278,408.31

 

Class B (2003-2)

 

 

 

 

 

55,382,956.88

 

55,382,956.88

 

11,458,806.23

 

11,458,806.23

 

Class B (2003-3)

 

 

 

 

 

55,382,956.88

 

55,382,956.88

 

11,458,806.23

 

11,458,806.23

 

Class B (2003-4)

 

 

 

 

 

73,843,942.51

 

73,843,942.51

 

15,278,408.31

 

15,278,408.31

 

Class B (2003-5)

 

 

 

 

 

55,382,956.88

 

55,382,956.88

 

11,458,806.23

 

11,458,806.23

 

Class B (2003-6)

 

 

 

 

 

92,304,928.14

 

92,304,928.14

 

19,098,010.39

 

19,098,010.39

 

Class B (2004-1)

 

 

 

 

 

92,304,928.14

 

92,304,928.14

 

19,098,010.39

 

19,098,010.39

 

Class C (2002-1)

 

 

 

 

 

 

 

 

 

12,745,883.11

 

12,745,883.11

 

Class C (2003-A)

 

 

 

 

 

 

 

 

 

8,497,255.40

 

8,497,255.40

 

Class C (2003-B)

 

 

 

 

 

 

 

 

 

12,745,883.11

 

12,745,883.11

 

Class C (2003-1)

 

 

 

 

 

 

 

 

 

21,243,138.51

 

21,243,138.51

 

Class C (2003-2)

 

 

 

 

 

 

 

 

 

19,118,824.66

 

19,118,824.66

 

Class C (2003-3)

 

 

 

 

 

 

 

 

 

21,243,138.51

 

21,243,138.51

 

Class C (2003-4)

 

 

 

 

 

 

 

 

 

21,243,138.51

 

21,243,138.51

 

Class C (2003-5)

 

 

 

 

 

 

 

 

 

12,745,883.11

 

12,745,883.11

 

Class C (2004-1)

 

 

 

 

 

 

 

 

 

16,994,510.81

 

16,994,510.81

 

 

Page 10 of 11



 

P. Nominal Liquidation Amount for Tranches of Notes Outstanding:
(as of Determination Date, after taking into account all allocations expected to occur on the Distribution Date)

 

 

 

Beginning Nominal
Liquidation
Amount

 

Increase due to
issuance of
additional
Notes or
accretions of
Principal for
Discount Notes

 

Withdrawal
from Principal
Funding sub-
Account

 

Reimbursements
of Nominal
Liquidation
Amount from
Available Funds

 

Reductions due
to reallocation of
Card Series
Principal
Amounts

 

Reduction due to
Investor Charge-
offs

 

Reductions due
to deposits into
the Principal
Funding sub-
Account

 

Ending Nominal
Liquidation Amount

 

Class A
(2002-1)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A
(2002-2)

 

600,000,000.00

 

 

 

 

 

 

 

600,000,000.00

 

Class A
(2003-1)

 

1,200,000,000.00

 

 

 

 

 

 

 

1,200,000,000.00

 

Class A
(2003-A)

 

400,000,000.00

 

 

 

 

 

 

 

400,000,000.00

 

Class A
(2003-2)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A
(2003-3)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A
(2003-4)

 

750,000,000.00

 

 

 

 

 

 

 

750,000,000.00

 

Class A
(2003-5)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A
(2003-6)

 

500,000,000.00

 

 

 

 

 

 

 

500,000,000.00

 

Class A
(2003-7)

 

750,000,000.00

 

 

 

 

 

 

 

750,000,000.00

 

Class B
(2002-1)

 

350,000,000.00

 

 

 

 

 

 

 

350,000,000.00

 

Class B
(2003-1)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class B
(2003-2)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B
(2003-3)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B
(2003-4)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class B
(2003-5)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class B
(2003-6)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class B
(2004-1)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class C
(2002-1)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class C
(2003-A)

 

100,000,000.00

 

 

 

 

 

 

 

100,000,000.00

 

Class C
(2003-B)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class C
(2003-1)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class C
(2003-2)

 

225,000,000.00

 

 

 

 

 

 

 

225,000,000.00

 

Class C
(2003-3)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class C
(2003-4)

 

250,000,000.00

 

 

 

 

 

 

 

250,000,000.00

 

Class C
(2003-5)

 

150,000,000.00

 

 

 

 

 

 

 

150,000,000.00

 

Class C
(2004-1)

 

200,000,000.00

 

 

 

 

 

 

 

200,000,000.00

 

Class D
(2002-1)

 

146,577,655.72

 

 

 

 

 

 

 

146,577,655.72

 

 

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this tenth day of February, 2004.

 

 

Capital One Bank,

 

as Administrator

 

 

 

 

By:

/s/ Steve Cunningham

 

Name:

Steve Cunningham

 

Title:

Director, Capital Markets

 

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