vcl 20 - true sale international · period: 01.2015 / period no. 4 index deal name: vcl 20 issuer:...

Publication date: 16.02.2015

Period: 01.2015 / Period no. 4

Index

Deal name: VCL 20

Issuer: VCL Multi-Compartment S.A.

acting on behalf of its Compartment VCL 20

52-54 avenue du X Septembre

L-2550 Luxembourg

Luxembourg

Tel.: +352 2602 491

Fax: +352 2645 9628

Originator of the receivables: Volkswagen Leasing GmbH

Seller of the receivables: VCL Master S.A. acting on behalf of its Compartment 1

Servicer name: Volkswagen Leasing GmbH

Reporting entity: Volkswagen Leasing GmbH

ABS Operations

Käferweg, 4 Building E

38112 Braunschweig

Federal Republic of Germany

Contact: Tel.: +49 531 212 87510

Fax: +49 531 212 77540

Email: [email protected]

Corporate service provider: Wilmington Trust SP Services

(Luxembourg) S.A.

52-54 avenue du X Septembre

L-2550 Luxembourg

Luxembourg

Tel.: +352 2602 491

Fax: +352 2645 9628


Volkswagen Leasing | ABS Operations | [email protected] | +49 531 212 87510 1 / 29



Index

Contents

Page Table of contents1 Cover

2 Index

3 Reporting details

4 Parties overview

5 Transaction events I

6 Transaction events II

7 Transaction events III

8 Information regarding the notes I

9 Information regarding the otes II

10 Credit enhancement

11 Swap fixing / Waterfall

12 Retention

13 Amortisation profile I

14 Amortisation profile II

15 Run out schedule I

16 Run out schedule II

17 Outstanding contracts

18 Delinquencies & defaults I

19 Delinquencies & defaults II

20 Delinquencies & defaults III

21 Write-offs

22 Pool data I

23 Pool data II

24 Pool data III

25 Pool data IV

26 Pool data V

27 Pool data VI

28 Lease level data



Period: 31.01.2015 / Period no. 4

Index

Reporting details

Deal overview

Cut-Off-Date 30.09.2014 Publication date:

Scheduled date of Clean-Up-

Call05.2017 Payment date:

Legal final maturity date 06.2020 Reporting date:

Issue date 27.10.2014 Asset collection period:

Period no.: 4 Interest accrual period:

Reporting frequency: monthly Note payment period:

Next payment date: 23.03.2015 Days accrued:

Type of car at pool cutNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage outstanding

discounted balance

New cars 102.048 95,69% €1.020.683.852,78 95,33%

Used cars 2.077 1,95% €21.825.797,35 2,04%

Demonstration cars 2.518 2,36% €28.154.697,60 2,63%

Total 106.643 100,00% €1.070.664.347,73 100,00%

Type of product at pool cutNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage outstanding

discounted balance

Closed end contract 105.255 98,70% €1.057.698.683,99 98,79%

Open end lease contract 1.388 1,30% €12.965.663,74 1,21%

Total 106.643 100,00% 1.070.664.347,73 100,00%

33

16.02.2015 (16th of each month)

31.01.2015 (last day of each month)

from 01.01.2015 until 31.01.2015

from 21.01.2015 until 23.02.2015

from 21.01.2015 until 23.02.2015

23.02.2015 (21st of each month)




Index

Parties overview

Lead manger: BNP Paribas London Branch Wilmington Trust SP

Attn.: Nadia Bouzidi Services (Frankfurt) GmbH

10 Harewood Avenue Steinweg 3-5

London NW1 6AA 60313 Frankfurt am Main

United Kingdom Germany

Fax +49 69 9288 495 20

Tel.: +44 2075956722 Tel.: +49 069 9288 495 22

E-mail: [email protected] Email: [email protected]

DZ BANK AG

Attn.: Eva-Maria Kramer

Platz der Republik

60625 Frankfurt am Main

Germany

Tel.: +49 69 7447 2267

Fax: +49 69 7447 3716

E-mail: [email protected]

Paying agent/ Elavon Financial Services Limited, U.K. Branch Data protection Volkswagen Bank GmbH

Calculation agent/ 5th Floor, 125 Old Broad Street trustee: Gifhorner Straße 57

Interest determination agent: London EC2N 1AR 38112 Braunschweig

United Kingdom Germany

Fax: +49 531 212 7 23 67

Attn.: Structured Finance Relationship Management Tel.: +49 531 212 85257

Tel.: +44 207 330 2114 Email: [email protected]

Fax: +44 207 365 2577

E-Mail: [email protected]

Account bank: Elavon Financial Services Limited, U.K. Branch Clearing systems: Clearstream Banking S.A.

5th Floor, 125 Old Broad Street Luxembourg, 42 Avenue JF Kennedy

London EC2N 1AR L-1885 Luxembourg

United Kingdom Luxembourg


Attn.: Structured Finance Relationship Management

Tel.: +44 207 330 2114 Euroclear Bank S.A./N.V.

Fax: +44 207 365 2577 1 Boulevard du Roi Albert II

E-Mail: [email protected] B-1210 Brussels

Belgium

Tel.: +32 2 326 1211

Swap counterparty: The Bank of Nova Scotia Corporate servicer Wilmington Trust SP Services

Attn.: Global Capital Markets Documentation provider: (Luxembourg) S.A.

40 King Street West 52-54 avenue du X Septembre

Scotia Plaza, 55th Floor L-2550 Luxembourg

Toronto, Ontario Luxembourg

Canada M5H 1H1 Fax: +352 2645 9628

Tel.: (416) 866-6613 Tel.: +352 2602 491

Fax: (416) 350-1187 Email: [email protected]

Servicer: Volkswagen Leasing GmbH Rating agencies: Fitch Ratings Ltd

Gifhorner Str. 57 30 The North Colonnade

38112 Braunschweig London E14 5GN

Germany United Kingdom

Fax + 49 531 212 77540 Fax: 49 (0)69 768076 230

Tel.: +49 531 212 84952 E-mail: [email protected]


Standard & Poor’s

Attn.: Structured Finance

Surveillance Department

20 Canada Square

Canary Wharf

London E14 5LH

United Kingdom

Fax: +44 (20) 7176-3598


DBRS Ratings Limited

Attn: Alexander Garrod

1 Minster Court

10th Floor Mincing Lane

London, EC3R 7AA

United Kingdom

Fax: +44 203 137 5129


Security trustee/

Process agent:



Period: 01.YYY / Period no. 4

Index

Transaction events I

Clean-Up-Call

85,45%

10,00%

Repurchase of receivables Number of contractsPercentage of

contracts

Outstanding discounted

balance

Percentage of outstanding

discounted balanceRe-Purchase price

Current period - - - - -

Previous periods - - - - -

Total - - - - -

Transaction party replacements

Capacity of transaction party Date of replacementReason for

replacementReplaced party Replaced by

Clean-Up-Call condition

If a repurchase of receivables occurred, it would only result from non-eligibility as of the respective Cut-Off-Date (which has been discovered at a later stage).

Percentage of current outstanding discounted portfolio

Min. percentage of outstanding discounted portfolio The Clean-Up-Call condition is planned to be reached in Mai 2017.

Volkswagen Leasing GmbH will have the right at its option to exercise a Clean-Up-Call and to repurchase the lease receivables from VCL 20 at any time when the sum of the

outstanding discounted balances for all lease contracts is less than 10% of the sum of the outstanding discounted balances for all lease contracts as of the Cut-Off-Date,

provided that all payment obligations under the notes will be thereby fulfilled.




Index

Transaction events II

NO

NO

NO

Cumulative net losses Number of contractsWrite-Off

amountWrite-Offs registered in

current period1 €2.229,80

Write-Offs contracts incl.

current period1 €2.229,80

€2.229,80

€1.070.664.347,73

0,00021%

Outstanding discounted balance as of Cut-Off-Date

Cumulative net loss ratio as percentage divided by the discounted balance at pool cut

Credit enhancement increase conditionsLevel 1a credit enhancement increase condition - Cumulative Write-Offs do not amount to 0,50% for any payment

date before and incl. 01.2016

Level 1b credit enhancement increase condition -Cumulative Write-Offs do not amount to 1,15% for any payment

date between 02.2016 and incl. 10.2016

Level 2 credit enhancement increase condition - Cumulative Write-Offs do not amount to 1,60% for any payment

date

Cumulative Write-Offs as of the end of the monthly period

0,0

00

00

%

0,0

00

00

%

0,0

00

00

%

0,0

00

00

%

0,0

00

21

%

0,00%

0,25%

0,50%

0,75%

1,00%

1,25%

1,50%

1,75%

2,00%

09

.20

14

11

.20

14

01

.20

15

03

.20

15

05

.20

15

07

.20

15

09

.20

15

11

.20

15

01

.20

16

03

.20

16

05

.20

16

07

.20

16

09

.20

16

11

.20

16

01

.20

17

03

.20

17

05

.20

17

07

.20

17

09

.20

17

11

.20

17

01

.20

18

03

.20

18

05

.20

18

07

.20

18

09

.20

18

11

.20

18

01

.20

19

03

.20

19

05

.20

19

in %

Reporting period

Cumulative net losses in percent of initial pool

Cumulative Net Loss Ratio Level 1a/b Level 2




Index

Transaction events III

Account bank:

US Bank (Elavon Financial Services) Long term Short term Outlook Long term Short term Outlook Long term Short term OutlookCurrent rating* A+ A-1 Stable AA R-1 (middle) stable WD WD Stable

Minimum required rating

(if no short term rating available, the higher long

term rating is applicable)

A A-1 A R-1 A F1

U.S. Bank Global Corporate Trust Services Required rating: FulfilledSwap counterparty

Scotiabank Long term Short term Outlook Long term Short term Outlook Long term Short term OutlookCurrent rating* A+ A-1 Negative AA R-1 (high) stable AA- F1+ Stable

Bank of Nova Scotia

Minimum required rating A/A- - A - A F1

(if no short term rating available, the higher long term

rating is applicable)

Required rating: Fulfilled

*Ratings last updated on 05/01/2015

Fitch

Fitch

S&P DBRS

S&P DBRS




Index

Information regarding the notes I

Rating at issue date Class A Class B

S&P AAA(sf) A+(sf)

Fitch AAA(sf) A+(sf)

DBRS AAA(sf) A high(sf)

Current rating Class A Class B

S&P AAA(sf) A+(sf)

Fitch AAA(sf) A+(sf)

DBRS AAA(sf) A high(sf)

Information on notes Class A Class B

Legal final maturity date Jun 2020 Jun 2020

Scheduled Clean-Up-Call Mai 2017 Mai 2017

ISIN: XS1106979617 XS1106980979

Common code: 110697961 110698097

Nominal amount €100.000,00 €100.000,00

Information on interest Class A Class B

Spread/ Margin 27 bps 65 bps

Index rate 1-Month-Euribor 1-Month-Euribor

Fixed/Floating floating floating

Current coupon 0,268% 0,648%

Day count convention actual/360 actual/360




Index

Information regarding the notes II

Monthly period:

Payment date:

Interest accrual period (from/until)

Days accrued

Index rate

Base interest rate:

Day count convention

Interest payments Class A Class B

Total interest amount of the reporting period €216.921,33 €19.067,40

Paid interest €216.921,33 €19.067,40

Unpaid interest Class A Class B

Unpaid interest of the reporting period €0,00 €0,00

Cumulative unpaid interest €0,00 €0,00

Note balance Class A Class B

Note balance as of cut of date €1.000.000.000,00 €32.100.000,00

Note balance as of the beginning of the period €882.990.500,00 €32.100.000,00

Redemption amount per class (€38.963.700,00) €0,00

Class balance as of the end of the period €844.026.800,00 €32.100.000,00

Payments to investors per note Class A Class B

Interest €21,69 €59,40

Principal repayment by note €3.896,37 €0,00

Number of notes 10.000 321

Note factor 0,844027 1,000000

Overcollateralisation Class A Class B

Initial OC percentage at poolcut 6,6000% 3,6019%

Current OC percentage 7,7477% 4,2392%

Target OC percentage 12,2500% 7,5000%

Subordinated loan - -2

Balance as of the beginning of the period €24.526.156,27

Redemption (€424.291,76)

Capitalization of interest €0,00

Balance as of the end of the period €24.101.864,51

-0,002%

actual/360

01.2015

23.02.2015

21.01.2015 until 23.02.2015

33

1-Month-Euribor




Index

Credit enhancement

Credit enhancement as of Cut-off-Date% of aggregate outstanding

discounted balanceValue

Class B note* 3,00% €32.100.000,00

Subordinated loan 2,41% €25.764.347,73

Overcollateralization 1,20% €12.800.000,00

Cash collateral account 1,20% €12.800.000,00

Cash collateral account (CCA) in EURin Percentage of outstanding

discounted balance as of

Initial balance at poolcut €12.800.000,00 1,196%

Thereof general cash reserve €12.800.000,00 1,196%

Thereof german trade tax risk reserve €0,00 0,000%

Targeted balance (Floor)



Balance as of the beginning of the period €11.445.900,78 1,069%

Payment from CCA €466.963,18 -

Payment to CCA €0,00 -

Balance as of the end of the period €10.978.937,60 1,025%



Accrued interest €31,21 -

Calculation of credit enhancement

Set off risk

There is no set off risk applicable.

Initially, VCL 20's credit enhancement consists of the respective note issue in comparison to the outstanding discounted balance

as of poolcut, minus any senior debt issuance. This 'overcollateralisation' is specific for each note series and increases with its

seniority.

Subsequently, the 'overcollateralisation' is calculated (as an OC percentage) on a monthly basis, all on end of month figures.

Considering the seniority of the respective note series, redemption is made until an overcollateralisation of 12,25% for Class A

(7,5% for Class B) has been reached. However, if an enforcement event causes the transaction to switch into sequential

payment mode, the OC percentages will not determine the maximum redemption amount and may be exceeded.

In addition, there is the 'general cash reserve' which is in principle to the benefit of all tranches over the entire lifetime of the

transaction.

The transaction starts amortising class A only until its OC percentage is reached.

The transaction switches into pro rata amortisation once an overcollateralisation percentage (i.e. credit enhancement excluding

the cash collateral account) of 12,25% for the class A notes and 7,5% for the class B notes has been reached.




Index

Swap fixing / Waterfall

Amortising interest rate swap Class A Class B

Initial principal €1.000.000.000,00 €32.100.000,00

Underlying principal for reporting period €882.990.500,00 €32.100.000,00

Paying leg Fix interest rate Fix interest rate

Receiving leg Floating interest rate Floating interest rate

Net swap payments / Net swap receipts (€10.890,21) (€1.144,90)

Available distribution amount calculation Payment to waterfall position Remaining amount

Available collections amount €43.427.573,79 €43.427.573,79

Buffer release amount (€3.444.908,68) €39.982.665,11

Net swap receipt class A €10.890,21 €39.993.555,32

Net swap receipt class B €1.144,90 €39.994.700,22

Purchase price amount €0,00 €39.994.700,22

Accumulation account interest €0,00 €39.994.700,22

Remaining rounding amount (Previous period) €69,34 €39.994.769,56

Waterfall Payment to waterfall position Remaining amount

Available distribution amount - €39.994.769,56

1) Taxes €0,00 €39.994.769,56

2) Payment to security trustee €0,00 €39.994.769,56

3) Servicing fee (€794.854,22) €39.199.915,34

4) Payment in respect of fees (€214,28) €39.199.701,06

5.i) Net swap payment class A €0,00 €39.199.701,06

5.ii) Net swap payment class B €0,00 €39.199.701,06

6) Interest payment class A (€216.921,33) €38.982.779,73

7) Interest payment class B (€19.067,40) €38.963.712,33

8) Payment to cash collateral account €0,00 €38.963.712,33

9) Payment to CCA due to german trade tax increase event €0,00 €38.963.712,33

10) Redemption class A (€38.963.700,00) €12,33

11) Redemption class B €0,00 €12,33

Remaining rounding amount (Current period) (€12,33) €0,00

12) Other payment to swap counterparties €0,00 €0,00

13) Accrued and unpaid interest on the subordinated loan €0,00 €0,00

14) Redemption subordinated loan €0,00 €0,00

15) Final success fee €0,00 €0,00

Distribution of cash collateral account surplus Payment to waterfall position Remaining amount

Payment from cash collateral account €466.963,18 €466.963,18

Interest subordinated loan (€42.671,42) €424.291,76

Redemption subordinated loan (€424.291,76) €0,00




Index

Retention of net economic interest

Retention amount at poolcut

Type of assetNumber of

contracts

Percentage of

contracts

Outstanding

nominal balance

Percentage of

nominal balance

Portfolio sold to SPV 106.643 92,35% €1.152.227.881,25 92,50%

Retention of VW Leasing 8.828 7,65% €93.433.143,99 7,50%

Total 115.471 100,00% €1.245.661.025,24 100,00%

Retention amounts - -2

Minimum retention €60.643.572,70 5,00%

Actual retention €93.433.143,99 7,50%

Retention amount end of reporting period

Type of assetNumber of

contracts

Percentage of

contracts

Outstanding

nominal balance

Percentage of

nominal balance

Portfolio sold to SPV 105.112 92,37% €976.892.982,00 92,54%

Retention of VW Leasing 8.678 7,63% €78.793.994,59 7,46%

Total 113.790 100,00% €1.055.686.976,59 100,00%

Retention amounts - -2

Minimum retention €51.415.420,11 5,00%

Actual retention €78.793.994,59 7,46%

article 405 Abs. 1 c CRR.

By adhering to option c) of the direction, Volkwagen Leasing GmbH will keep the exposures

designated for retention on its balance sheet on an ongoing basis.

The latest end of month level of retention will be published on a monthly basis

within the investor report.

In its capacity as originator and original lender, Volkswagen Leasing GmbH complies

with the retention requirements of a material net economic interest in accordance with




Index

Amortisation profile I

Note class

WAL At closing: 1,17 yrs Currently: 1,20 yrs At closing: 1,70 yrs Currently: 1,59 yrs

Reporting period Actual note balanceForecasted note

balanceActual note balance2

Forecasted note

balance2

Poolcut €1.000.000.000,00 - €32.100.000,00 -

10.2014 €961.120.100,00 - €32.100.000,00 -

11.2014 €921.951.000,00 - €32.100.000,00 -

12.2014 €882.990.500,00 - €32.100.000,00 -

01.2015 €844.026.800,00 - €32.100.000,00 -

02.2015 - €737.733.726,70 - €32.100.000,00

03.2015 - €702.593.786,93 - €32.100.000,00

04.2015 - €667.747.854,12 - €32.100.000,00

05.2015 - €633.311.425,13 - €32.100.000,00

06.2015 - €599.294.215,61 - €32.100.000,00

07.2015 - €565.654.855,72 - €32.100.000,00

08.2015 - €532.424.893,58 - €32.100.000,00

09.2015 - €500.283.208,74 - €31.360.027,19

10.2015 - €471.817.191,40 - €27.362.741,73

11.2015 - €443.756.010,95 - €24.020.980,65

12.2015 - €416.164.917,21 - €22.527.445,66

01.2016 - €389.042.203,04 - €21.059.264,55

02.2016 - €362.410.115,05 - €19.617.641,56

03.2016 - €336.290.716,74 - €18.203.770,99

04.2016 - €310.806.339,11 - €16.824.274,77

05.2016 - €286.069.134,14 - €15.485.223,79

06.2016 - €262.120.431,76 - €14.188.855,28

07.2016 - €238.925.322,01 - €12.933.279,54

08.2016 - €216.514.090,52 - €11.720.135,95

09.2016 - €194.763.645,55 - €10.542.761,44

10.2016 - €173.765.716,97 - €9.406.121,43

11.2016 - €153.700.579,44 - €8.319.974,39

12.2016 - €134.772.473,47 - €7.295.376,06

01.2017 - €117.089.627,93 - €6.338.184,99

02.2017 - €101.235.890,01 - €5.480.005,44

03.2017 - €86.813.525,75 - €4.699.307,66

04.2017 - €72.164.319,30 - €4.699.307,66

05.2017 - €0,00 - €0,00

06.2017 - €0,00 - €0,00

Based on the following assumptions: CPR of 5% and Clean-Up-Call at 10% of the outstanding portfolio.

Class A Class B




Index

Amortisation profile II

0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

35.000.000

Reporting period

Outstanding balance in EUR

Amortisation profile class B-Notes

Actual Amort. B-Notes Expected Amort. B-Notes

Assuming a Clean-Up Call at 10% of the initial outstanding, annual prepayments of 5% and 0% defaults

0

200.000.000

400.000.000

600.000.000

800.000.000

1.000.000.000

1.200.000.000

Reporting period


Amortisation profile class A-Notes

Datenreihen1 Datenreihen2

Assuming a Clean-Up Call at 10% of the initial outstanding, annual prepayments of 5% and 0% defaults



Period: 01.2015 / Period no. 4Index

Run out schedule I

Payment period Principal Interest Instalment

arrears €358.831,95 €42.397,19 €401.229,14

02.2015 €37.343.348,43 €4.345.358,39 €41.688.706,82

03.2015 €37.227.941,97 €4.167.925,70 €41.395.867,67

04.2015 €37.090.148,84 €3.991.044,21 €41.081.193,05

05.2015 €36.978.152,35 €3.814.816,77 €40.792.969,12

06.2015 €36.830.419,53 €3.639.118,79 €40.469.538,32

07.2015 €36.740.596,04 €3.464.124,58 €40.204.720,62

08.2015 €36.562.001,03 €3.289.558,19 €39.851.559,22

09.2015 €36.326.707,07 €3.115.837,77 €39.442.544,84

10.2015 €35.998.576,19 €2.943.235,80 €38.941.811,99

11.2015 €35.664.823,15 €2.772.195,41 €38.437.018,56

12.2015 €35.293.713,47 €2.602.741,92 €37.896.455,39

01.2016 €34.879.031,64 €2.435.046,97 €37.314.078,61

02.2016 €34.285.762,31 €2.269.326,00 €36.555.088,31

03.2016 €33.524.309,97 €2.106.423,31 €35.630.733,28

04.2016 €32.687.477,75 €1.947.140,60 €34.634.618,35

05.2016 €31.889.356,72 €1.791.826,57 €33.681.183,29

06.2016 €31.034.769,50 €1.640.308,74 €32.675.078,24

07.2016 €30.344.677,06 €1.492.851,41 €31.837.528,47

08.2016 €29.511.961,23 €1.348.673,81 €30.860.635,04

09.2016 €28.399.479,20 €1.208.451,76 €29.607.930,96

10.2016 €26.972.104,10 €1.073.515,86 €28.045.619,96

11.2016 €25.361.755,63 €945.362,32 €26.307.117,95

12.2016 €22.859.122,19 €824.860,93 €23.683.983,12

01.2017 €20.917.152,56 €716.248,39 €21.633.400,95

02.2017 €18.736.763,17 €616.862,95 €19.353.626,12

03.2017 €16.494.439,11 €527.838,75 €17.022.277,86

04.2017 €13.613.598,96 €449.466,60 €14.063.065,56

05.2017 €10.815.873,07 €384.784,35 €11.200.657,42

06.2017 €8.068.630,01 €333.394,66 €8.402.024,67

07.2017 €7.821.814,59 €295.057,44 €8.116.872,03

08.2017 €7.530.786,43 €257.894,14 €7.788.680,57

09.2017 €7.135.844,00 €222.112,12 €7.357.956,12

10.2017 €6.628.579,05 €188.207,70 €6.816.786,75

11.2017 €6.115.873,85 €156.713,33 €6.272.587,18

12.2017 €5.346.551,19 €127.654,04 €5.474.205,23

01.2018 €4.755.328,98 €102.250,75 €4.857.579,73

02.2018 €4.076.010,70 €79.657,29 €4.155.667,99

03.2018 €3.433.662,17 €60.290,71 €3.493.952,88

04.2018 €2.519.492,49 €43.975,97 €2.563.468,46

05.2018 €1.630.747,05 €32.004,85 €1.662.751,90

06.2018 €738.003,86 €24.256,79 €762.260,65

07.2018 €696.493,47 €20.750,18 €717.243,65

08.2018 €652.922,72 €17.440,91 €670.363,63

09.2018 €606.106,98 €14.338,86 €620.445,84

10.2018 €550.073,34 €11.458,98 €561.532,32

11.2018 €481.823,53 €8.845,42 €490.668,95

12.2018 €378.721,65 €6.556,09 €385.277,74

01.2019 €324.764,38 €4.756,56 €329.520,94

02.2019 €258.425,64 €3.213,46 €261.639,10

03.2019 €205.543,77 €1.985,68 €207.529,45

04.2019 €139.516,80 €1.008,97 €140.525,77

05.2019 €72.855,99 €346,23 €73.202,22

06.2019 €0,00 €0,00 €0,00

Total €914.911.466,83 €61.981.515,17 €976.892.982,00




Index

Run out schedule II

0

200.000.000

400.000.000

600.000.000

800.000.000

1.000.000.000

09

.20

14

11

.20

14

01

.20

15

03

.20

15

05

.20

15

07

.20

15

09

.20

15

11

.20

15

01

.20

16

03

.20

16

05

.20

16

07

.20

16

09

.20

16

11

.20

16

01

.20

17

03

.20

17

05

.20

17

07

.20

17

09

.20

17

11

.20

17

01

.20

18

03

.20

18

05

.20

18

07

.20

18

09

.20

18

11

.20

18

01

.20

19

03

.20

19

05

.20

19Reporting

period


Expected amortisation of the outstanding discounted Asset-Portfolio

Expected Outstanding Discounted Asset-Portfolio Actual Outstanding Discounted Asset-Portfolio

The expected Portfolio amortisation is solely based on the scheduled payments according to rental plan, no assumptions on prepayments or defaults are made.




Index

Outstanding contracts

Collections by source - Collections

Paid instalments of monthly period - €41.721.224,92

therof capital - €37.222.727,20

therof interest - €4.498.497,72

Paid instalments of previous periods - €215.271,73

Early settlements - €1.491.077,14

Total - €43.427.573,79

Collections by statusNumber of

contractsCollections

Current 104.304 €41.577.320,80

Delinquent 659 €103.652,85

Default 149 €26.788,00

End of Term 763 €203.243,30

Early Settlement 767 €1.516.171,84

Write-Off * 1 €397,00

Total 106.643 €43.427.573,79

Contract status development INumber of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceCurrent 106.643 €1.070.664.347,73 102.048 €1.020.683.852,78 2.077 €21.825.797,35 2.518 €28.154.697,60 78.964 €814.827.322,74 27.679 €255.837.024,99

Delinquent 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Default 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

End of Term 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Early Settlement 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Write-Off 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Total 106.643 €1.070.664.347,73 102.048 €1.020.683.852,78 2.077 €21.825.797,35 2.518 €28.154.697,60 78.964 €814.827.322,74 27.679 €255.837.024,99

Contract status development IINumber of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceCurrent 104.304 €907.747.128,88 99.877 €866.039.130,30 1.993 €18.069.332,77 2.434 €23.638.665,81 77.277 €692.524.759,48 27.027 €215.222.369,40

Delinquent 659 €5.737.978,28 621 €5.392.614,89 14 €136.459,18 24 €208.904,21 395 €3.516.032,44 264 €2.221.945,84

Default 149 €1.426.359,67 138 €1.300.797,07 6 €59.033,93 5 €66.528,67 121 €1.172.272,45 28 €254.087,22

End of Term 763 €0,00 728 €0,00 21 €0,00 14 €0,00 353 €0,00 410 €0,00

Early Settlement 767 €0,00 683 €0,00 43 €0,00 41 €0,00 447 €0,00 320 €0,00

Write-Off 1 €0,00 1 €0,00 0 €0,00 0 €0,00 1 €0,00 0 €0,00

Total 106.643 €914.911.466,83 102.048 €872.732.542,26 2.077 €18.264.825,88 2.518 €23.914.098,69 78.594 €697.213.064,37 28.049 €217.698.402,46

3 4 5 6 7 8 9 10 13 14 17 18

Contract status as of the begin of the periodNumber of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceCurrent 103.919 €904.553.208,77 413 €3.703.580,72 32 €297.667,42 378 €0,00 179 €0,00 0 €0,00

Delinquent 383 €3.173.989,84 241 €2.007.683,18 51 €524.462,12 1 €0,00 5 €0,00 1 €0,00

Default 1 €16.634,19 5 €26.714,38 66 €604.230,13 0 €0,00 0 €0,00 0 €0,00

End of Term 0 €0,00 0 €0,00 0 €0,00 384 €0,00 1 €0,00 0 €0,00

Early Settlement 1 €3.296,08 0 €0,00 0 €0,00 0 €0,00 582 €0,00 0 €0,00

Write-Off 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Total 104.304 €907.747.128,88 659 €5.737.978,28 149 €1.426.359,67 763 €0,00 767 €0,00 1 €0,00

* Prior to write-off during reporting month.

Contract status developement IIIContract status as of the end of the Current period

Current Delinquent Default End of term Early settlement Write-Off

Total portfolio as of current reporting periodType of car Customer type

New vehicle Used vehicle Demonstration vehicle Retail Corporate

Total portfolio as of pool cut dateType of car Customer type





Index

Delinquencies & defaults I

Days in arrearsNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceDelinquent early settlements 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 30 <= 60 534 0,51% €4.676.020,17 0,51% 506 €4.414.993,13 11 €103.621,20 17 €157.405,84 297 €2.714.447,98 237 €1.961.572,19

> 60 <= 90 54 0,05% €447.136,92 0,05% 53 €443.497,94 0 €0,00 1 €3.638,98 44 €346.409,66 10 €100.727,26

> 90 <= 120 54 0,05% €460.937,57 0,05% 47 €404.111,37 2 €11.181,86 5 €45.644,34 38 €305.418,67 16 €155.518,90

> 120 <= 150 17 0,02% €153.883,62 0,02% 15 €130.012,45 1 €21.656,12 1 €2.215,05 16 €149.756,13 1 €4.127,49

> 150 <= 180 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 180 <= 210 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 210 <=240 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 240 <= 270 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 270 <= 300 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 300 <= 330 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 330 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Total 659 0,63% €5.737.978,28 0,63% 621 €5.392.614,89 14 €136.459,18 24 €208.904,21 395 €3.516.032,44 264 €2.221.945,84

Delinquent contractsType of car Customer type


€0

€1.000.000

€2.000.000

€3.000.000

€4.000.000

€5.000.000

€6.000.000

€7.000.000

€8.000.000

€9.000.000

€10.000.000

Delinquent early settlements > 30 <= 60 > 60 <= 90 > 90 <= 120 > 120 <= 150 > 150 <= 180> 180 <= 210 > 210 <=240 > 240 <= 270 > 270 <= 300 > 300 <= 330 > 330

Delinquencies I - Outstanding discounted balance of delinquent contracts

Reporting period




Index

Delinquencies & defaults II


contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Outstanding

discounted balance at

day of default

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceDelinquent early settlements 27 0,03% €246.318,56 0,03% €258.319,35 26 €232.188,81 1 €14.129,75 0 €0,00 20 €191.697,51 7 €54.621,05

> 30 <= 60 28 0,03% €235.394,77 0,03% €235.634,76 25 €210.942,43 2 €17.399,66 1 €7.052,68 27 €230.678,92 1 €4.715,85

> 60 <= 90 47 0,04% €529.242,69 0,06% €533.307,18 43 €489.661,72 2 €15.079,49 2 €24.501,48 32 €381.398,59 15 €147.844,10

> 90 <= 120 33 0,03% €284.669,12 0,03% €288.130,61 32 €273.242,31 0 €0,00 1 €11.426,81 29 €240.710,62 4 €43.958,50

> 120 <= 150 14 0,01% €130.734,53 0,01% €135.020,72 12 €94.761,80 1 €12.425,03 1 €23.547,70 13 €127.786,81 1 €2.947,72

> 150 <= 180 0 0,00% €0,00 0,00% €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 180 <= 210 0 0,00% €0,00 0,00% €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 210 <=240 0 0,00% €0,00 0,00% €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 240 <= 270 0 0,00% €0,00 0,00% €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 270 <= 300 0 0,00% €0,00 0,00% €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 300 <= 330 0 0,00% €0,00 0,00% €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

> 330 0 0,00% €0,00 0,00% €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Total 149 0,14% €1.426.359,67 0,16% €1.450.412,62 138 €1.300.797,07 6 €59.033,93 5 €66.528,67 121 €1.172.272,45 28 €254.087,22

Defaulted contractsType of car Customer type


€0

€500.000

€1.000.000

€1.500.000

€2.000.000

€2.500.000

€3.000.000

Delinquent early settlements > 30 <= 60 > 60 <= 90 > 90 <= 120 > 120 <= 150 > 150 <= 180 > 180 <= 210 > 210 <=240 > 240 <= 270 > 270 <= 300 > 300 <= 330 > 330

Delinquencies II - Outstanding discounted balance of default contracts

Reporting period




Index

Delinquencies & defaults III


contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceDelinquent early settlements 27 0,03% €246.318,56 0,03% 26 €232.188,81 1 €14.129,75 0 €0,00 20 €191.697,51 7 €54.621,05> 30 <= 60 562 0,53% €4.911.414,94 0,54% 531 €4.625.935,56 13 €121.020,86 18 €164.458,52 324 €2.945.126,90 238 €1.966.288,04> 60 <= 90 101 0,10% €976.379,61 0,11% 96 €933.159,66 2 €15.079,49 3 €28.140,46 76 €727.808,25 25 €248.571,36> 90 <= 120 87 0,08% €745.606,69 0,08% 79 €677.353,68 2 €11.181,86 6 €57.071,15 67 €546.129,29 20 €199.477,40> 120 <= 150 31 0,03% €284.618,15 0,03% 27 €224.774,25 2 €34.081,15 2 €25.762,75 29 €277.542,94 2 €7.075,21> 150 <= 180 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00> 180 <= 210 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00> 210 <=240 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00> 240 <= 270 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00> 270 <= 300 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00> 300 <= 330 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00> 330 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Total 808 0,77% €7.164.337,95 0,78% 759 €6.693.411,96 20 €195.493,11 29 €275.432,88 516 €4.688.304,89 292 €2.476.033,06

Delinquent and defaulted contractsCustomer type

Retail CorporateNew vehicle Used vehicle Demonstration vehicleType of car

€0

€1.000.000

€2.000.000

€3.000.000

€4.000.000

€5.000.000

€6.000.000

€7.000.000

€8.000.000

€9.000.000

€10.000.000

Delinquent early settlements > 30 <= 60 > 60 <= 90 > 90 <= 120 > 120 <= 150 > 150 <= 180 > 180 <= 210 > 210 <=240 > 240 <= 270 > 270 <= 300 > 300 <= 330 > 330

Delinquencies III - Outstanding discounted balance of delinquent and default contracts

Reporting period




Index

Write-Offs

Write-Offs of the

monthly periodNumber of contracts Amount

31.01.2015 1 €2.229,80

€2.229,80

€1.070.664.347,73

0,00021%

Monthly period Number of contracts Write-Offs Number of contracts Write-Offs

31.10.2014 0 €0,00 0 €0,00

30.11.2014 0 €0,00 0 €0,00

31.12.2014 0 €0,00 0 €0,00

31.01.2015 1 €2.229,80 1 €2.229,80

28.02.2015 - - - -

31.03.2015 - - - -

30.04.2015 - - - -

31.05.2015 - - - -

30.06.2015 - - - -

31.07.2015 - - - -

31.08.2015 - - - -

30.09.2015 - - - -

31.10.2015 - - - -

30.11.2015 - - - -

31.12.2015 - - - -

31.01.2016 - - - -

29.02.2016 - - - -

31.03.2016 - - - -

30.04.2016 - - - -

31.05.2016 - - - -

30.06.2016 - - - -

31.07.2016 - - - -

31.08.2016 - - - -

30.09.2016 - - - -

31.10.2016 - - - -

30.11.2016 - - - -

31.12.2016 - - - -

31.01.2017 - - - -

28.02.2017 - - - -

31.03.2017 - - - -

30.04.2017 - - - -

31.05.2017 - - - -

30.06.2017 - - - -

31.07.2017 - - - -

31.08.2017 - - - -

30.09.2017 - - - -

31.10.2017 - - - -

30.11.2017 - - - -

31.12.2017 - - - -

31.01.2018 - - - -

Total 1 €2.229,80

Current period Cumulative Write-Offs

Cumulative Write-Offs as of the end of the monthly period

Outstanding discounted balance as of Cut-Off-Date

Cumulative net loss ratio




Index

Prepayments

Reporting period Unscheduled paymentsDiscounted balance as

of previous periodPeriodic CPR Annualised CPR

Pool Cut - - - -

31.10.2014 €1.434.308,00 €1.070.664.347,73 0,134% 1,596%

30.11.2014 €1.649.887,37 €1.031.875.723,87 0,160% 1,902%

31.12.2014 €1.504.689,49 €992.756.019,98 0,152% 1,804%

31.01.2015 €1.491.077,14 €953.825.065,14 0,156% 1,860%

28.02.2015 - - - -

31.03.2015 - - - -

30.04.2015 - - - -

31.05.2015 - - - -

30.06.2015 - - - -

31.07.2015 - - - -

31.08.2015 - - - -

30.09.2015 - - - -

31.10.2015 - - - -

30.11.2015 - - - -

31.12.2015 - - - -

31.01.2016 - - - -

29.02.2016 - - - -

31.03.2016 - - - -

30.04.2016 - - - -

31.05.2016 - - - -

30.06.2016 - - - -

31.07.2016 - - - -

31.08.2016 - - - -

30.09.2016 - - - -

31.10.2016 - - - -

30.11.2016 - - - -

31.12.2016 - - - -

31.01.2017 - - - -

28.02.2017 - - - -

31.03.2017 - - - -

30.04.2017 - - - -

31.05.2017 - - - -

30.06.2017 - - - -

31.07.2017 - - - -

31.08.2017 - - - -

30.09.2017 - - - -

31.10.2017 - - - -

30.11.2017 - - - -

31.12.2017 - - - -

31.01.2018 - - - -

The annualised constant prepayment rate (CPR) of the underlying receivables based upon the most recent periodic

CPR. Periodic CPR is equal to the total unscheduled principal received in the most recent period divided by the

start of period principal balance. This is then annualised as follows:

1-((1-Periodic CPR)^number of periods in a year)



Index

Pool data I

Distribution by payment typeNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceDirect borrower account debit 98.693 93,89% €864.597.512,01 94,50% 94.356 €823.670.408,59 1.959 €17.811.751,52 2.378 €23.115.351,90 75.547 €678.248.984,43 23.146 €186.348.527,58

Others 6.419 6,11% €50.313.954,82 5,50% 6.280 €49.062.133,67 54 €453.074,36 85 €798.746,79 €2.246,00 €18.964.079,94 €4.173,00 €31.349.874,88

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

Distribution by contract

concentration

Number of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance1 45.220 43,02% €424.514.606,24 46,40% 41.711 €391.024.347,62 1.565 €14.320.723,15 1.944 €19.169.535,47 44.432 €417.686.506,54 788 €6.828.099,70

2 - 10 42.137 40,09% €359.253.207,40 39,27% 41.294 €351.448.163,14 368 €3.417.824,16 475 €4.387.220,10 31.978 €271.912.995,82 10.159 €87.340.211,58

11 - 20 8.864 8,43% €70.570.414,01 7,71% 8.794 €70.004.808,90 38 €309.941,74 32 €255.663,37 1.245 €7.264.434,66 7.619 €63.305.979,35

21 - 50 8.071 7,68% €57.743.245,65 6,31% 8.019 €57.432.809,58 40 €208.756,32 12 €101.679,75 138 €349.127,35 7.933 €57.394.118,30

> 50 820 0,78% €2.829.993,53 0,31% 818 €2.822.413,02 2 €7.580,51 0 €0,00 0 €0,00 820 €2.829.993,53

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

Distribution by largest customerNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance1 84 0,08% €296.602,78 0,03% 84 €296.602,78 0 €0,00 0 €0,00 0 €0,00 84 €296.602,78

2 21 0,02% €290.431,09 0,03% 21 €290.431,09 0 €0,00 0 €0,00 0 €0,00 21 €290.431,09

3 19 0,02% €289.218,59 0,03% 19 €289.218,59 0 €0,00 0 €0,00 0 €0,00 19 €289.218,59

4 32 0,03% €277.397,04 0,03% 32 €277.397,04 0 €0,00 0 €0,00 0 €0,00 32 €277.397,04

5 33 0,03% €277.260,30 0,03% 33 €277.260,30 0 €0,00 0 €0,00 0 €0,00 33 €277.260,30

6 16 0,02% €273.224,27 0,03% 16 €273.224,27 0 €0,00 0 €0,00 0 €0,00 16 €273.224,27

7 34 0,03% €271.346,79 0,03% 34 €271.346,79 0 €0,00 0 €0,00 0 €0,00 34 €271.346,79

8 29 0,03% €259.983,23 0,03% 29 €259.983,23 0 €0,00 0 €0,00 0 €0,00 29 €259.983,23

9 43 0,04% €258.494,38 0,03% 43 €258.494,38 0 €0,00 0 €0,00 0 €0,00 43 €258.494,38

10 34 0,03% €258.167,29 0,03% 34 €258.167,29 0 €0,00 0 €0,00 0 €0,00 34 €258.167,29

11 34 0,03% €257.388,71 0,03% 34 €257.388,71 0 €0,00 0 €0,00 0 €0,00 34 €257.388,71

12 34 0,03% €255.918,26 0,03% 34 €255.918,26 0 €0,00 0 €0,00 0 €0,00 34 €255.918,26

13 40 0,04% €253.293,02 0,03% 40 €253.293,02 0 €0,00 0 €0,00 0 €0,00 40 €253.293,02

14 103 0,10% €252.919,66 0,03% 103 €252.919,66 0 €0,00 0 €0,00 0 €0,00 103 €252.919,66

15 35 0,03% €252.697,60 0,03% 35 €252.697,60 0 €0,00 0 €0,00 0 €0,00 35 €252.697,60

16 110 0,10% €250.720,58 0,03% 110 €250.720,58 0 €0,00 0 €0,00 0 €0,00 110 €250.720,58

17 29 0,03% €246.954,79 0,03% 29 €246.954,79 0 €0,00 0 €0,00 0 €0,00 29 €246.954,79

18 21 0,02% €246.293,04 0,03% 21 €246.293,04 0 €0,00 0 €0,00 0 €0,00 21 €246.293,04

19 28 0,03% €244.056,27 0,03% 28 €244.056,27 0 €0,00 0 €0,00 0 €0,00 28 €244.056,27

20 33 0,03% €243.449,64 0,03% 33 €243.449,64 0 €0,00 0 €0,00 0 €0,00 33 €243.449,64

Total 1 - 20 812 0,77% €5.255.817,33 0,57% 812 €5.255.817,33 0 €0,00 0 €0,00 0 €0,00 812 €5.255.817,33

Total portfolioType of car Customer type









Index

Pool data II

Distribution by


balance

Number of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance0,01 - 5.000,00 26.125 24,85% €79.872.069,47 8,73% 25.054 €76.393.253,32 497 €1.569.040,06 574 €1.909.776,09 19.297 €59.805.169,24 6.828 €20.066.900,23

5.000,01 - 10.000,00 45.009 42,82% €337.086.494,17 36,84% 43.303 €324.322.828,68 790 €5.936.494,59 916 €6.827.170,90 31.923 €238.713.901,55 13.086 €98.372.592,62

10.000,01 - 15.000,00 23.010 21,89% €275.993.843,71 30,17% 21.971 €263.457.703,67 469 €5.635.947,33 570 €6.900.192,71 17.137 €206.075.830,53 5.873 €69.918.013,18

15.000,01 - 20.000,00 6.935 6,60% €118.395.744,93 12,94% 6.537 €111.595.129,80 155 €2.651.303,95 243 €4.149.311,18 5.803 €99.284.753,30 1.132 €19.110.991,63

20.000,01 - 25.000,00 2.500 2,38% €55.137.567,07 6,03% 2.333 €51.467.951,89 71 €1.555.102,92 96 €2.114.512,26 2.248 €49.625.420,87 252 €5.512.146,20

25.000,01 - 30.000,00 901 0,86% €24.340.130,76 2,66% 842 €22.748.673,56 22 €598.999,18 37 €992.458,02 827 €22.324.811,64 74 €2.015.319,12

> 30.000,00 632 0,60% €24.085.616,72 2,63% 596 €22.747.001,34 9 €317.937,85 27 €1.020.677,53 558 €21.383.177,24 74 €2.702.439,48

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

€99,53

€89.427,75

€8.704,16

Distribution by

outstanding nominal

balance

Number of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance0,01 - 5.000,00 24.208 23,03% €70.558.590,39 7,71% 23.233 €67.547.430,53 460 €1.387.610,23 515 €1.623.549,63 17.838 €52.724.786,29 6.370 €17.833.804,10

5.000,01 - 10.000,00 41.840 39,81% €297.240.077,64 32,49% 40.223 €285.795.220,86 734 €5.219.667,01 883 €6.225.189,77 29.687 €210.104.413,33 12.153 €87.135.664,31

10.000,01 - 15.000,00 25.343 24,11% €285.431.991,19 31,20% 24.254 €273.058.806,49 511 €5.799.095,96 578 €6.574.088,74 18.699 €210.998.397,22 6.644 €74.433.593,97

15.000,01 - 20.000,00 8.407 8,00% €133.475.706,09 14,59% 7.954 €126.262.149,09 171 €2.716.238,63 282 €4.497.318,37 6.821 €108.599.282,66 1.586 €24.876.423,43

20.000,01 - 25.000,00 3.137 2,98% €64.382.976,28 7,04% 2.929 €60.112.955,99 92 €1.888.894,52 116 €2.381.125,77 2.767 €56.824.228,76 370 €7.558.747,52

25.000,01 - 30.000,00 1.262 1,20% €31.621.299,20 3,46% 1.182 €29.608.765,76 29 €733.386,87 51 €1.279.146,57 1.166 €29.210.684,86 96 €2.410.614,34

> 30.000,00 915 0,87% €32.200.826,04 3,52% 861 €30.347.213,54 16 €519.932,66 38 €1.333.679,84 815 €28.751.271,25 100 €3.449.554,79

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

€100,00

€100.224,00

€9.293,83

Statistics

Minimum outstanding nominal balance

Customer type


Maximum outstanding nominal balance

Average outstanding nominal balance



Statistics

Minimum Outstanding discounted balance

Maximum Outstanding discounted balance

Average Outstanding discounted balance

Total portfolioType of car




Index

Pool data III

Distribution by

remaining term

Number of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance01-12 11.263 10,72% €37.991.157,45 4,15% 10.667 €35.688.545,18 339 €1.194.810,60 257 €1.107.801,67 7.137 €25.205.602,12 4.126 €12.785.555,33

13-24 41.883 39,85% €322.890.518,01 35,29% 40.128 €307.696.478,35 802 €6.794.628,51 953 €8.399.411,15 30.039 €233.363.939,31 11.844 €89.526.578,70

25-36 39.512 37,59% €402.649.221,64 44,01% 37.962 €385.237.154,96 660 €7.409.959,09 890 €10.002.107,59 30.245 €311.214.852,77 9.267 €91.434.368,87

37-48 11.625 11,06% €139.632.565,70 15,26% 11.091 €132.841.600,10 207 €2.785.813,47 327 €4.005.152,13 9.623 €116.838.942,95 2.002 €22.793.622,75

49-60 829 0,79% €11.748.004,03 1,28% 788 €11.268.763,67 5 €79.614,21 36 €399.626,15 749 €10.589.727,22 80 €1.158.276,81

61-72 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

>72 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

Distribution by

seasoning

Number of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance01-12 39.204 37,30% €404.704.737,92 44,23% 37.847 €389.590.206,67 701 €7.538.772,78 656 €7.575.758,47 28.997 €309.874.499,47 10.207 €94.830.238,45

13-24 55.764 53,05% €462.945.554,78 50,60% 53.119 €438.313.853,86 1.141 €9.923.737,05 1.504 €14.707.963,87 41.387 €351.635.557,90 14.377 €111.309.996,88

25-36 9.703 9,23% €45.831.637,96 5,01% 9.248 €43.470.812,24 166 €789.849,19 289 €1.570.976,53 7.049 €34.528.695,97 2.654 €11.302.941,99

37-48 439 0,42% €1.416.520,32 0,15% 420 €1.344.653,64 5 €12.466,86 14 €59.399,82 358 €1.161.295,18 81 €255.225,14

49-60 2 0,00% €13.015,85 0,00% 2 €13.015,85 0 €0,00 0 €0,00 2 €13.015,85 0 €0,00

61-72 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

>72 0 0,00% €0,00 0,00% 0 €0,00 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

Weighted average seasoning 14,38



Statistics

Minimum seasoning 4

Maximum seasoning 52

Weighted average remaining term 26,88



Statistics

Minimum remaining term 1

Maximum remaining term 52




Index

Pool data IV

Distribution by brandNumber of

contracts

Percentage of

contracts

Outstanding

discounted balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceVW 42.428 40,36% €299.279.841,96 32,71% 41.081 €289.109.301,32 871 €6.584.809,52 476 €3.585.731,12 29.858 €214.563.544,56 12.570 €84.716.297,40

VW LCV 15.576 14,82% €158.156.096,58 17,29% 14.684 €149.328.862,71 405 €3.891.057,32 487 €4.936.176,55 11.786 €122.834.142,10 3.790 €35.321.954,48

Audi 30.178 28,71% €351.021.666,21 38,37% 28.379 €330.949.823,14 627 €6.742.554,27 1.172 €13.329.288,80 22.668 €275.598.029,42 7.510 €75.423.636,79

Seat 4.228 4,02% €21.184.168,95 2,32% 4.093 €20.314.824,25 24 €174.724,25 111 €694.620,45 3.554 €17.991.923,33 674 €3.192.245,62

Skoda 12.534 11,92% €83.062.606,71 9,08% 12.286 €81.552.911,52 39 €215.786,18 209 €1.293.909,01 0 €0,00 0 €0,00

Other brands 168 0,16% €2.207.086,42 0,24% 113 €1.476.819,32 47 €655.894,34 8 €74.372,76 105 €1.400.013,45 63 €807.072,97

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 67.971 €632.387.652,86 24.607 €199.461.207,26

Distribution by geographical

region

Number of

contracts

Percentage of

contracts

Outstanding

discounted balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceBaden-Wuerttemberg 15.896 15,12% €143.311.126,29 15,66% 15.299 €137.689.046,09 235 €2.046.139,78 362 €3.575.940,42 11.712 €108.930.474,02 4.184 €34.380.652,27

Bavaria 17.487 16,64% €160.014.088,70 17,49% 16.610 €151.509.556,30 424 €3.887.303,48 453 €4.617.228,92 12.937 €121.053.293,81 4.550 €38.960.794,89

Berlin 3.234 3,08% €24.836.593,92 2,71% 3.083 €23.502.066,75 71 €657.079,39 80 €677.447,78 2.295 €18.997.574,76 939 €5.839.019,16

Brandenburg 2.314 2,20% €19.123.642,34 2,09% 2.183 €17.974.753,57 72 €586.617,90 59 €562.270,87 1.795 €15.468.300,35 519 €3.655.341,99

Bremen 1.090 1,04% €8.840.342,54 0,97% 1.046 €8.464.724,09 19 €168.479,95 25 €207.138,50 634 €5.419.805,77 456 €3.420.536,77

Hamburg 3.409 3,24% €27.843.051,36 3,04% 3.309 €27.000.495,08 33 €290.051,50 67 €552.504,78 2.378 €20.305.934,91 1.031 €7.537.116,45

Hesse 8.490 8,08% €73.244.273,61 8,01% 8.099 €69.820.769,94 196 €1.535.559,07 195 €1.887.944,60 6.067 €54.988.788,36 2.423 €18.255.485,25

Lower Saxony 9.858 9,38% €84.028.730,41 9,18% 9.454 €80.193.660,91 190 €1.785.888,88 214 €2.049.180,62 7.183 €62.447.751,96 2.675 €21.580.978,45

Mecklenburg-Vorpommern 1.679 1,60% €14.209.146,33 1,55% 1.611 €13.576.350,02 28 €218.148,11 40 €414.648,20 1.306 €11.556.214,29 373 €2.652.932,04

North Rhine-Westphalia 23.165 22,04% €199.409.394,49 21,80% 22.260 €190.943.226,04 392 €3.643.615,67 513 €4.822.552,78 16.981 €149.546.415,02 6.184 €49.862.979,47

Rhineland-Palatinate 3.503 3,33% €31.983.501,18 3,50% 3.325 €30.239.585,88 69 €710.441,66 109 €1.033.473,64 2.647 €24.852.937,89 856 €7.130.563,29

Saarland 641 0,61% €6.054.455,85 0,66% 583 €5.492.456,87 28 €297.192,93 30 €264.806,05 518 €5.014.299,44 123 €1.040.156,41

Saxony 5.643 5,37% €47.731.868,19 5,22% 5.444 €45.871.177,95 92 €810.518,77 107 €1.050.171,47 4.558 €39.464.842,77 1.085 €8.267.025,42

Saxony-Anhalt 2.520 2,40% €20.971.113,59 2,29% 2.386 €19.534.579,13 68 €683.838,78 66 €752.695,68 1.967 €16.697.690,58 553 €4.273.423,01

Schleswig-Holstein 3.416 3,25% €29.239.644,36 3,20% 3.288 €27.930.295,72 46 €468.532,34 82 €840.816,30 2.654 €23.294.870,96 762 €5.944.773,40

Thuringia 2.766 2,63% €24.062.173,60 2,63% 2.655 €22.981.477,85 50 €475.417,67 61 €605.278,08 2.160 €19.165.549,41 606 €4.896.624,19

Foreign countries (*) 1 0,00% €8.320,07 0,00% 1 €8.320,07 0 €0,00 0 €0,00 1 €8.320,07 0 €0,00

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

Distribution by industry sectorNumber of

contracts

Percentage of

contracts

Outstanding

discounted balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceAgriculture/ Forestry 646 0,61% €6.102.397,01 0,67% 613 5.786.317,85 € 20 163.723,30€ 13 152.355,86€ 529 5.277.457,39€ 117 824.939,62€

Energy/ Mining 1.278 1,22% €10.875.812,68 1,19% 1.256 10.617.324,65 € 5 69.497,87€ 17 188.990,16€ 748 6.687.015,04€ 530 4.188.797,64€

Manufacturing Industry 18.859 17,94% €183.868.047,56 20,10% 18.366 178.855.980,62 € 203 2.033.943,35€ 290 2.978.123,59€ 11.965 121.291.530,45€ 6.894 62.576.517,11€

Chemical Industry 1.159 1,10% €10.513.078,10 1,15% 1.140 10.296.329,12 € 8 92.818,72€ 11 123.930,26€ 551 5.182.642,63€ 608 5.330.435,47€

Construction 10.456 9,95% €102.094.560,94 11,16% 9.850 96.146.219,63 € 249 2.329.192,09€ 357 3.619.149,22€ 8.623 86.408.347,93€ 1.833 15.686.213,01€

Retail/ Wholesale 18.726 17,82% €164.157.417,40 17,94% 17.841 156.074.410,09 € 440 3.767.259,90€ 445 4.315.747,41€ 13.381 123.691.953,59€ 5.345 40.465.463,81€

Hotel and Restaurant Industry 1.786 1,70% €15.200.675,04 1,66% 1.625 13.757.043,43 € 65 517.435,50€ 96 926.196,11€ 1.577 13.684.230,69€ 209 1.516.444,35€

Transportation 2.675 2,54% €24.992.715,88 2,73% 2.520 23.472.128,89 € 76 681.542,83€ 79 839.044,16€ 2.050 19.942.443,66€ 625 5.050.272,22€

Financial Services 4.526 4,31% €37.381.691,13 4,09% 4.336 35.671.455,14 € 97 879.845,41€ 93 830.390,58€ 3.193 28.061.244,46€ 1.333 9.320.446,67€

Public Administration, Education,

Health Care, Public Serv.19.510 18,56% €133.300.350,12 14,57% 18.790 127.106.424,91 € 307 2.631.186,75€ 413 3.562.738,46€ 15.830 109.760.216,03€ 3.680 23.540.134,09€

Other Services 16.841 16,02% €151.748.241,88 16,59% 16.012 143.666.981,78 € 380 3.615.694,20€ 449 4.465.565,90€ 13.000 121.119.974,34€ 3.841 30.628.267,54€

Information Technology 5.692 5,42% €49.812.222,25 5,44% 5.514 48.191.574,37 € 77 701.857,03€ 101 918.790,85€ 3.820 34.321.990,65€ 1.872 15.490.231,60€

Real Estate 2.751 2,62% €23.418.814,07 2,56% 2.575 21.709.995,44 € 83 764.932,25€ 93 943.886,38€ 2.374 20.741.733,98€ 377 2.677.080,09€

Other 207 0,20% €1.445.442,77 0,16% 198 1.380.356,34 € 3 15.896,68€ 6 49.189,75€ 152 1.042.283,53€ 55 403.159,24€

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

(*) Customers who changed their residence after Cut-Off-Date










Index

Pool data V

Distribution by brand & model ModelNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceVW Fox 1 0,00% €861,41 0,00% 0 0 1 €861,41 0 €0,00 0 €0,00 1 €861,41

Polo 3.854 3,67% €13.628.439,38 1,49% 3.799 13.371.424 18 €85.449,74 37 €171.565,49 2.864 €10.480.822,38 990 €3.147.617,00

Golf 11.930 11,35% €76.308.557,99 8,34% 11.632 74.361.351 143 €875.802,38 155 €1.071.404,89 8.187 €54.301.963,49 3.743 €22.006.594,50

Eos 91 0,09% €800.694,76 0,09% 85 754.638 4 €34.685,58 2 €11.370,76 83 €740.361,77 8 €60.332,99

Jetta 66 0,06% €329.990,76 0,04% 39 245.342 25 €76.854,96 2 €7.793,44 54 €271.927,38 12 €58.063,38

New Beetle 597 0,57% €3.781.691,54 0,41% 561 3.503.996 12 €116.812,40 24 €160.883,23 562 €3.559.954,36 35 €221.737,18

Passat 10.443 9,94% €88.738.421,42 9,70% 10.276 87.491.601 107 €739.684,44 60 €507.135,83 5.906 €52.843.676,96 4.537 €35.894.744,46

Scirocco 84 0,08% €548.526,89 0,06% 75 489.660 6 €37.930,20 3 €20.937,15 71 €435.382,08 13 €113.144,81

Touran 3.384 3,22% €26.512.653,49 2,90% 3.345 26.193.844 27 €192.793,32 12 €126.015,84 2.180 €17.647.148,63 1.204 €8.865.504,86

Tiguan 4.048 3,85% €32.425.353,61 3,54% 3.967 31.622.850 33 €330.905,77 48 €471.598,33 3.438 €27.672.771,94 610 €4.752.581,67

Sharan 1.762 1,68% €19.208.717,55 2,10% 1.733 18.919.841 19 €200.530,83 10 €88.345,53 1.201 €13.479.339,77 561 €5.729.377,78

Touareg 1.254 1,19% €20.962.613,17 2,29% 1.155 19.391.890 55 €864.865,34 44 €705.857,41 1.124 €18.978.837,67 130 €1.983.775,50

Phaeton 641 0,61% €4.450.594,13 0,49% 243 1.492.408 398 €2.958.185,65 0 €0,00 592 €4.289.836,53 49 €160.757,60

up! 4.273 4,07% €11.582.725,86 1,27% 4.171 11.270.455 23 €69.447,50 79 €242.823,22 3.596 €9.861.521,60 677 €1.721.204,26

Sub-Total VW 42.428 40,36% €299.279.841,96 32,71% 41.081 €289.109.301,32 871 €6.584.809,52 476 €3.585.731,12 29.858 €214.563.544,56 12.570 €84.716.297,40

VW LCV Caddy 5.662 5,39% €39.043.711,67 4,27% 5.443 37.606.633 95 €559.479,47 124 €877.599,45 4.165 €29.329.300,42 1.497 €9.714.411,25

Transporter 6.895 6,56% €82.248.619,10 8,99% 6.436 77.175.585 215 €2.319.956,09 244 €2.753.077,69 5.222 €63.747.342,38 1.673 €18.501.276,72

Crafter 2.483 2,36% €30.511.558,72 3,33% 2.340 28.923.917 70 €774.169,54 73 €813.472,00 1.918 €23.993.409,20 565 €6.518.149,52

Amarok 536 0,51% €6.352.207,09 0,69% 465 5.622.727 25 €237.452,22 46 €492.027,41 481 €5.764.090,10 55 €588.116,99

LT 0 0,00% €0,00 0,00% 0 0 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Sub-Total VW LCV 15.576 14,82% €158.156.096,58 17,29% 14.684 €149.328.862,71 405 €3.891.057,32 487 €4.936.176,55 11.786 €122.834.142,10 3.790 €35.321.954,48

Audi A1 1.181 1,12% €5.969.619,30 0,65% 1.095 5.563.289 39 €209.419,20 47 €196.911,00 1.000 €5.110.619,83 181 €858.999,47

A2 0 0,00% €0,00 0,00% 0 0 0 €0,00 0 €0,00 0 €0,00 0 €0,00

A3 4.364 4,15% €33.395.904,96 3,65% 4.114 31.722.268 59 €378.484,01 191 €1.295.152,71 3.405 €26.682.784,24 959 €6.713.120,72

A4 7.105 6,76% €68.810.850,56 7,52% 6.790 65.819.669 125 €1.088.943,49 190 €1.902.238,50 4.228 €43.298.755,53 2.877 €25.512.095,03

A5 2.592 2,47% €31.442.654,09 3,44% 2.442 29.720.289 42 €493.195,86 108 €1.229.169,60 2.069 €26.011.653,10 523 €5.431.000,99

A6 7.820 7,44% €108.560.355,47 11,87% 7.422 103.548.209 172 €2.040.469,36 226 €2.971.677,56 5.769 €83.818.852,10 2.051 €24.741.503,37

A7 591 0,56% €10.715.309,90 1,17% 541 9.920.828 17 €268.779,98 33 €525.701,87 511 €9.442.319,16 80 €1.272.990,74

A8 527 0,50% €13.081.790,64 1,43% 388 10.793.075 59 €818.344,77 80 €1.470.371,18 450 €11.158.559,77 77 €1.923.230,87

Q3 1.943 1,85% €17.837.048,55 1,95% 1.835 16.868.696 19 €166.036,42 89 €802.316,51 1.655 €15.342.779,66 288 €2.494.268,89

Q5 3.165 3,01% €46.735.918,78 5,11% 3.001 44.546.729 41 €525.711,73 123 €1.663.477,76 2.746 €41.145.814,60 419 €5.590.104,18

Q7 642 0,61% €10.779.849,14 1,18% 545 9.362.344 35 €518.677,57 62 €898.827,51 600 €10.092.239,29 42 €687.609,85

TT 204 0,19% €2.232.060,39 0,24% 172 1.923.649 17 €179.521,44 15 €128.890,03 194 €2.145.801,47 10 €86.258,92

R8 44 0,04% €1.460.304,43 0,16% 34 1.160.779 2 €54.970,44 8 €244.554,57 41 €1.347.850,67 3 €112.453,76

Sub-Total Audi 30.178 28,71% €351.021.666,21 38,37% 28.379 €330.949.823,14 627 €6.742.554,27 1.172 €13.329.288,80 22.668 €275.598.029,42 7.510 €75.423.636,79

Seat Ibiza 808 0,77% €2.580.478,87 0,28% 777 2.431.872 4 €16.595,72 27 €132.011,20 654 €2.228.551,57 154 €351.927,30

Altea 121 0,12% €752.205,32 0,08% 115 709.725 3 €16.780,30 3 €25.699,90 106 €673.047,99 15 €79.157,33

Leon 1.579 1,50% €9.029.624,48 0,99% 1.539 8.766.514 6 €44.272,83 34 €218.837,95 1.367 €7.890.315,76 212 €1.139.308,72

Alhambra 744 0,71% €6.329.272,38 0,69% 722 6.097.843 8 €73.863,53 14 €157.566,15 597 €5.145.913,49 147 €1.183.358,89

Cordoba 0 0,00% €0,00 0,00% 0 0 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Exeo 131 0,12% €654.592,75 0,07% 116 546.556 3 €23.211,87 12 €84.824,42 90 €434.041,43 41 €220.551,32

Mii 831 0,79% €1.763.809,32 0,19% 811 1.696.156 0 €0,00 20 €67.653,20 728 €1.554.495,94 103 €209.313,38

Arosa 0 0,00% €0,00 0,00% 0 0 0 €0,00 0 €0,00 0 €0,00 0 €0,00

Toledo 14 0,01% €74.185,83 0,01% 13 66.158 0 €0,00 1 €8.027,63 12 €65.557,15 2 €8.628,68

Sub-Total Seat 4.228 4,02% €21.184.168,95 2,32% 4.093 20.314.824 24 174.724 111 694.620 3.554 €17.991.923,33 674 €3.192.245,62

Skoda Fabia 1.035 0,98% €4.195.558,79 0,46% 1.002 4.069.752 5 €17.063,61 28 €108.743,53 851 €3.469.094,58 184 €726.464,21

Octavia 6.387 6,08% €45.274.088,29 4,95% 6.292 44.573.851 13 €78.027,97 82 €622.208,83 4.849 €34.493.043,20 1.538 €10.781.045,09

Roomster 662 0,63% €3.037.969,66 0,33% 641 2.940.063 4 €19.386,92 17 €78.519,98 553 €2.511.989,79 109 €525.979,87

Superb 2.495 2,37% €21.450.118,30 2,34% 2.462 21.185.326 8 €55.445,86 25 €209.346,46 1.918 €16.585.141,93 577 €4.864.976,37

Yeti 680 0,65% €4.835.876,98 0,53% 657 4.681.239 5 €25.756,62 18 €128.881,70 606 €4.332.084,57 74 €503.792,41

Citygo 904 0,86% €2.247.569,20 0,25% 877 2.166.778 2 €7.335,49 25 €73.455,70 753 €1.823.000,32 151 €424.568,88

Rapid 371 0,35% €2.021.425,49 0,22% 355 1.935.903 2 €12.769,71 14 €72.752,81 292 €1.611.057,12 79 €410.368,37

Sub-Total Skoda 12.534 11,92% €83.062.606,71 9,08% 12.286 €81.552.911,52 39 €215.786,18 209 €1.293.909,01 9.822 €64.825.411,51 2.712 €18.237.195,20

Other brands 168 0,16% €2.207.086,42 0,24% 113 €1.476.819,32 47 €655.894,34 8 €74.372,76 105 €1.400.013,45 63 €807.072,97

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,460 €0,00 0 €0,00






Index

Pool data VI

Contract typeNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceClosed end contract 103.751 98,71% €903.725.901,70 98,78% 99.598 €864.397.519,48 1.836 €16.521.325,31 2.317 €22.807.056,91 76.481 €686.374.328,08 27.270 €217.351.573,62

Open end lease contract 1.361 1,29% €11.185.565,13 1,22% 1.038 €8.335.022,78 177 €1.743.500,57 146 €1.107.041,78 1.312 €10.838.736,29 49 €346.828,84

Total 105.112 100,00% €914.911.466,83 100,00% 100.636 €872.732.542,26 2.013 €18.264.825,88 2.463 €23.914.098,69 77.793 €697.213.064,37 27.319 €217.698.402,46

Type of carNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balance

Number of contracts

Outstanding

discounted

balance

Number of

contracts

Outstanding

discounted

balanceNew vehicles 100.636 95,74% €872.732.542,26 95,39% 73.574 €656.792.096,32 27.062 €215.940.445,94

Used vehicles 2.013 1,92% €18.264.825,88 2,00% 1.865 €17.324.868,73 148 €939.957,15

Demonstration vehicles 2.463 2,34% €23.914.098,69 2,61% 2.354 €23.096.099,32 109 €817.999,37

Total 105.112 100,00% €914.911.466,83 100,00% 77.793 €697.213.064,37 27.319 €217.698.402,46

Customer typeNumber of

contracts

Percentage of

contracts

Outstanding

discounted

balance

Percentage of

outstanding

discounted balanceRetail 77.793 74,01% €697.213.064,37 76,21%

Corporate 27.319 25,99% €217.698.402,46 23,79%

Total 105.112 100,00% €914.911.466,83 100,00%


New vehicle Used vehicle Demonstration vehicles Retail Corporate

Total portfolioCustomer type

Retail Corporate

Total portfolio




Lease level data

No.Month / Year of

originationMonth / Year of default


balance at pool cut


balance of loan at default

date


balanceRebate Month / Year of loss

Recovery from sale of

assetUnsecured recovery Total recovery Loss amount

Loss percentage on

original balance

Loss percentage current

balance

Geographical location of

borrower

Object type (new / used /

demonstration vehicle)Brand Contract type (lease) Distribution channel Customer type 10.2014 11.2014 12.2014

1 01.11.2012 10.2014 €19.495,60 €0,00 €3.699,00 €0,00 01.2015 €0,00 €822,00 €822,00 €411,00 2,1% 11,1% NRW New Skoda Lease Dealer Non Private €0,00 €0,00 €411,00

2 11.02.2014 11.2014 €30.099,04 €11.116,00 €0,00 €633,73 01.2015 €9.043,47 €0,00 €9.043,47 €1.438,80 4,8% 0,0% Schleswig-Holstein New Volkswagen Lease Dealer Non Private €0,00 €0,00 €8.646,47

3 04.11.2013 10.2014 €28.144,24 €0,00 €7.980,00 €0,00 01.2015 €0,00 €760,00 €760,00 €380,00 1,4% 4,8% NRW New Skoda Lease Dealer Non Private €0,00 €0,00 €380,00

Total - 0 €77.738,88 €11.116,00 €11.679,00 €633,73 0 €9.043,47 €1.582,00 €10.625,47 €2.229,80 2,9% 6,8% - - - - - - €0,00 €0,00 €9.437,47


vcl 20 - true sale international · period: 01.2015 / period no. 4 index deal name: vcl 20 issuer:...

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