-----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, HyPFUTtYR2XDABvwIEgYguAlXLMCED3h985m/JIgVCFTpk675OOYfWO6R69b8ycE bJf1Xn+dSAcOZvPFJ52cWA== 0001264331-03-000001.txt : 20031001 0001264331-03-000001.hdr.sgml : 20031001 20031001163240 ACCESSION NUMBER: 0001264331-03-000001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030831 ITEM INFORMATION: Other events FILED AS OF DATE: 20030930 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WORLD OMNI AUTO RECEIVABLES TRUST 2003-A CENTRAL INDEX KEY: 0001264331 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-100621-01 FILM NUMBER: 03921033 MAIL ADDRESS: STREET 1: 190 JIM MORAN BLVD CITY: DEERFIELD BEACH STATE: FL ZIP: 33442 8-K 1 woart5form8k92003.txt FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): September 1, 2003 World Omni Auto Receivables LLC (Exact name of registrant and originator of the Trust as specified in its charter) WORLD OMNI AUTO RECEIVABLES TRUST 2003-A (Issuer with respect to the Notes) Delaware (State or other jurisdiction of incorporation) 333-100621-01 (Commission File Number) 52-2184798 (IRS Employer Identification No. WORLD OMNI AUTO RECEIVABLES LLC 190 NW 12th Avenue Deerfield Beach, FL 33442 (Address of principal executive offices of registrant, including Zip Code) Registrant's telephone number, including area code: (954) 429-2200 Former name or former address, if changed since last report: Not applicable Item 5. Other Events See attached certificate. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WORLD OMNI AUTO RECEIVABLES LLC (Registrant) Dated: September 30, 2003 By:/s/----------------------------------- Victor A. De Jesus, Vice President and Chief Financial Officer World Omni Financial Corp. (Duly authorized Officers of the Servicer on behalf of the Trust) EX-99 3 woart5cert92003.txt MONTHLY SERVICER'S CERTIFICATE World Omni Auto Receivables Trust 2003-A Monthly Servicer Certificate August 31, 2003
Aggregate Note Amount Aggregate Note Amount Original 785,025,000.00 Note Balance @ 7/31/03 656,210,312.11 Principal distributable amount 21,884,013.62 Note Balance @ 8/31/03 634,326,298.49 Class A-1 Note Amount Note Amount Original 189,000,000.00 Note Balance @ 7/31/03 60,185,312.11 Principal distributable amount 21,884,013.62 Note Balance @ 8/31/03 38,301,298.49 Class A-2 Note Amount Note Amount Original 156,000,000.00 Note Balance @ 7/31/03 156,000,000.00 Principal distributable amount 0.00 Note Balance @ 8/31/03 156,000,000.00 Class A-3 Note Amount Note Amount Original 257,000,000.00 Note Balance @ 7/31/03 257,000,000.00 Principal distributable amount 0.00 Note Balance @ 8/31/03 257,000,000.00 Class A-4 Note Amount Note Amount Original 139,300,000.00 Note Balance @ 7/31/03 139,300,000.00 Principal distributable amount 0.00 Note Balance @ 8/31/03 139,300,000.00 Class B Note Amount Note Amount Original 43,725,000.00 Note Balance @ 7/31/03 43,725,000.00 Principal distributable amount 0.00 Note Balance @ 8/31/03 43,725,000.00 Distributable Amounts Total Interest Distributable Amount 1,066,347.25 Principal Distributable Amount 21,884,013.62 Total 22,950,360.87 Distributable Amounts Class A-1 Interest Distributable Amount 67,374.12 Principal Distributable Amount 21,884,013.62 Total 21,951,387.74 Distributable Amounts Class A-2 Interest Distributable Amount 189,800.00 Principal Distributable Amount 0.00 Total 189,800.00 Distributable Amounts Class A-3 Interest Distributable Amount 424,050.00 Principal Distributable Amount 0.00 Total 424,050.00 Distributable Amounts Class A-4 Interest Distributable Amount 299,495.00 Principal Distributable Amount 0.00 Total 299,495.00 Distributable Amounts Class B Interest Distributable Amount 85,628.13 Principal Distributable Amount 0.00 Total 85,628.13 Note Factors Series A-1 Series A-2 8/31/2003 20.2652373% 100.0000000% Note Factors Series A-3 Series A-4 8/31/2003 100.0000000% 100.0000000% Note Factors Series B 8/31/2003 100.0000000% Pool Data $ # Original Pool Balance 795,001,395.18 44,938 Pool Balance at 7/31/03 676,505,476.40 42,153 Principal Payments 21,771,320.79 536 Defaulted Receivables 789,517.99 50 Pool Balance at 8/31/03 653,944,637.62 41,567 Overcollateralization Target Amount 19,618,339.13 Recoveries 314,124.38 Weighted Average APR 6.69% Weighted Average Remaining Term 48.67 Account Balances Advance Reserve Fund Balance as of 7/31/03 63,333.38 3,975,000.00 Balance as of 8/31/03 70,474.67 3,979,194.07 Change 7,141.29 4,194.07 Reserve Fund Requirement 3,975,000.00 Reserve Fund Supplemental Requirement/(Excess) (4,194.07) Distribution per $1,000 Total Distribution Amount 29.2351974 Interest Distribution Amount 1.3583609 Interest Carryover Shortfall 0.0000000 Principal Distribution Amount 27.8768366 Distribution per $1,000 Class A-1 Distribution Amount 116.1449087 Interest Distribution Amount 0.3564768 Interest Carryover Shortfall 0.0000000 Principal Distribution Amount 115.7884319 Distribution per $1,000 Class A-2 Distribution Amount 1.2166667 Interest Distribution Amount 1.2166667 Interest Carryover Shortfall 0.0000000 Principal Distribution Amount 0.0000000 Distribution per $1,000 Class A-3 Distribution Amount 1.6500000 Interest Distribution Amount 1.6500000 Interest Carryover Shortfall 0.0000000 Principal Distribution Amount 0.0000000 Distribution per $1,000 Class A-4 Distribution Amount 2.1500000 Interest Distribution Amount 2.1500000 Interest Carryover Shortfall 0.0000000 Principal Distribution Amount 0.0000000 Distribution per $1,000 Class B Distribution Amount 1.9583334 Interest Distribution Amount 1.9583334 Interest Carryover Shortfall 0.0000000 Principal Distribution Amount 0.0000000 Servicing Fee Total Amount of Servicing Fee Paid 563,754.56 Total Unpaid 0.00 Delinquent Receivables # $ Past Due 31-60 days 228 3,654,712.66 Past Due 61-90 days 73 1,083,806.06 Past Due 91 + days 22 392,968.28 Total 323 5,131,487.00
-----END PRIVACY-ENHANCED MESSAGE-----