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Previous: DEUTSCHE FLOORPLAN RECEIVABLES L P, 8-K, EX-2, 2000-06-27 |
Next: AMVESCAP PLC/LONDON/, 6-K, 2000-06-27 |
Deutsche Floorplan Receivables, L.P.
Distribution Financial Services Floorplan Master Trust
Distribution Date Statement
Report Date 05/31/2000
Collection Period 5/01/2000 -05/31/2000
Determination Date 06/13/2000
Distribution Date 06/15/2000
<TABLE>
<CAPTION>
Series Series Series Series
Total 2000-2 2000-2 2000-2 2000-2
Date Trust Class A Class B Class C Total
Pool Balance
<S> <C> <C> <C> <C> <C> <C>
1 Beginning of month
Principal Receivables 5/01/2000 3,606,183,821
2 Discount Factor 0.50%
3 Beginning of month Pool Balance 5/01/2000 3,588,152,902
4 Beginning of month
Dealer Overconcentrations 5/01/2000 -
5 Beginning of month
Unconcentrated Pool Balance 5/01/2000 3,588,152,902
6 End of month Principal Receivables 05/31/2000 3,457,234,051
7 Discount Factor 0.50%
8 End of month Pool Balance 05/31/2000 3,439,947,881
9 End of month Dealer
Overconcentrations 05/31/2000 -
10End of month Unconcentrated
Pool Balance 05/31/2000 3,439,947,881
11Overconcentrated Percentage 05/31/2000 0.00%
12Unconcentrated Percentage 05/31/2000 100.00%
Certificates
13Beginning of month/closing
date Invested Amount 5/01/2000 477,500,000 15,000,000 7,500,000 500,000,000
14Allocation Percentage 5/01/2000 15.92% 0.50% 0.25% 16.67%
15End of month Invested Amount 05/31/2000 477,500,000 15,000,000 7,500,000 500,000,000
16Principal Payments 06/13/2000 - - - -
17Outstanding Principal Balance 06/15/2000 477,500,000 15,000,000 7,500,000 500,000,000
18Pool Factor 06/15/2000 1.00000 1.00000 1.00000
Excess Funding Account
19End of month balance 05/31/2000 -
20Determination Date deposit 06/13/2000 -
21Distribution Date disbursement 06/15/2000 -
22Excess Funding Account balance 06/15/2000 -
Reserve Fund
23End of month Reserve Fund Amount 05/31/2000 17,500,000
24Reserve Fund Deposits 06/13/2000 -
25Reserve Fund withdrawals 06/15/2000 -
26Ending Reserve Fund Amount 06/15/2000 17,500,000
Collections
27Principal Allocation Percentage 05/31/2000 16.92% 0.53% 0.27% 17.71%
28Floating Allocation Percentage 05/31/2000 16.92% 0.53% 0.27% 17.71%
29Series Allocation Percentage 05/31/2000 16.67%
30Principal Collections 5/01/2000 -05/31/2000 1,336,884,651
31Nonprincipal Collections 5/01/2000 -05/31/2000 -
32Total Collections 5/01/2000 -05/31/2000 1,336,884,651
Defaults
33Defaulted Amount 5/01/2000 -05/31/2000 812,658
34Investor Default Amount 5/01/2000 -05/31/2000 137,468 4,318 2,159 143,945
Interest
35Prior Month's Interest/Program Amount
36Monthly Interest 06/15/2000 2,784,720 90,966 48,906 2,924,592
37Interest Shortfall 06/15/2000 - - - -
38Additional Interest 06/15/2000 - - - -
39Carryover Amount 06/15/2000 - - - -
40Total 06/15/2000 2,784,720 90,966 48,906 2,924,592
Servicing Fee
41Certificate Balance for
Servicing Fee determination 5/01/2000 477,500,000 15,000,000 7,500,000 500,000,000
42Servicing Fee Rate 2.00% 2.00% 2.00% 2.00%
43Servicing Fee 5/01/2000 -05/31/2000 822,361 25,833 12,917 861,111
44Servicing Fee Waived 06/15/2000 - - - -
45Remaining Servicing Fee 06/15/2000 822,361 25,833 12,917 861,111
Excess Servicing
46Nonprincipal Collections 5/01/2000 -05/31/2000 35,213,026
47Servicer Advance Less
Reimbursement of Servicer Advance 5/01/2000 -05/31/2000 1,321,466
48Floating Allocation Percentage 16.92% 0.53% 0.27%
49Investor Nonprincipal Collections 5/01/2000 -05/31/2000 5,956,579 187,118 93,559 6,237,255
50Investor portion of Servicer Advance
Less Reimbursement 5/01/2000 -05/31/2000 223,537 7,022 3,511 234,070
51Plus: Investment Proceeds 5/01/2000 -05/31/2000 102,667
52Less:
53Monthly Interest 06/13/2000 2,784,720 90,966 48,906 2,924,592
54Prior Monthly Interest 06/13/2000 - - - -
55Additional Interest 06/13/2000 - - - -
56Reserve Fund Deposit Amount 06/13/2000 -
57Default Amount 5/01/2000 -05/31/2000 137,468 4,318 2,159 143,945
58Charge-Offs 5/01/2000 -05/31/2000 - - - -
59Monthly Servicing Fee 06/13/2000 822,361 25,833 12,917 861,111
60Carry-over Amount 06/13/2000 - - - -
61Carry-over Amount Additional Interest 06/13/2000 - - - -
62Additional Amounts 06/13/2000 - - - -
63Yield Supplement Deposit Amount 06/13/2000 262,571
64Balance: Excess Servicing 5/01/2000 -05/31/2000 2,381,773
Collection Account
65Beginning Balance 05/31/2000 -
66Deposits 06/13/2000 3,523,899
67Disbursements 06/15/2000 3,523,899
68Ending Balance 06/15/2000 -
Interest Funding Account
69Beginning Balance 05/31/2000 - - - -
70Deposits 06/13/2000 2,784,720 90,966 48,906 2,924,592
71Disbursements 06/15/2000 2,784,720 90,966 48,906 2,924,592
72Ending Balance 06/15/2000 - - - -
Principal Funding Account
73Beginning Balance 05/31/2000 - - - -
74Controlled Deposit Amount 06/13/2000 - - - -
75Disbursements 06/15/2000 - - - -
76Ending Balance 06/15/2000 - - - -
Yield Supplement Account
77Required Amount 05/31/2000 2,500,000
78Beginning balance 05/31/2000 2,237,429
79Deposit 06/13/2000 262,571
80Withdrawal 06/15/2000 -
81Ending balance 06/15/2000 2,500,000
Interest Rate for the Next Interest Period
82One-month LIBOR 05/15/2000 06/15/2000 6.6513%
83Net Receivables Rate 05/31/2000 9.2236%
</TABLE>
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