Index. Page. Ca-cib Milan Piazza Cavour Milano

Transcription

1 Cover Sheet Monthly Investor Report Monthly Period apr 2015 Index Page 1. Portfolio Information 1 2. Reserve Accounts 2 3. Performance Data 3 4. Outstanding Notes 4 5. Original Principal Balance Original PB (Graph) Current Principal Balance Current PB (Graph) Borrower Concentration 7 8. Geographical Distribution Geographical (Graph) Object Type Insurance Coverage Contract Type Payment Methods Customer Yield Customer Yield (Graph) Seasoning Seasoning (Graph) Remaining Term Remaining Term (Graph) Original Term Original Term (Graph) Manufacturer Priority of Payments Transaction Costs Swap Counterparty Data Retention Counterparties I Counterparties II Originator Disclaimer 26

2 1. Portfolio Information Monthly Period apr 2015 current period previous period Outstanding Receivables No. of Contracts Aggregate Outstanding Principal Amount Aggregate Outstanding Principal Amount Beginning of Period n.a. Prepayment Principal ,14 n.a. Others ,50 n.a. Total Principal Collections ,47 n.a. Total Interest Collections ,05 n.a. Defaults - n.a. End of Period ,52 n.a. Current Prepayment Rate (annualised) 0,0%

3 2. Reserve Accounts Monthly Period apr 2015 Note Balance Beginning of Period ,00 End of Period ,00 Reserve Accounts Reserve Account in % Trigger Event y/n Beginning of Period 1,5% no Cash Outflow - Cash Inflow - End of Period 1,5% Required Reserve Fund - Commingling Reserve Beginning of Period ,00 no Commingling Reserve Required Amount - Commingling Reserve Distribution Amount - Commingling Reserve Aggregate Distribution Amount - Commingling Reserve Increas Amount - Commingling Reserve Release Amount - End of Period ,00

4 3. Performance Data Monthly Period apr 2015 Note Balance Beginning of Period ,00 End of Period ,00 Ratios 3-MRA* days past due days past due period before previous period 0,00% days past due previous period 0,00% days past due current period ,26 3-MRA* days past due days past due period before previous period 0,00% days past due previous period 0,00% days past due current period - 3-MRA* days past due days past due period before previous period 0,00% days past due previous period 0,00% days past due current period - Early Amortisation Event Cumulative Default Level 0,00% Cumulative Default Level period before previous period 0,00% Cumulative Default Level previous period 0,00% Cumulative Default Level current period 0,00% Trigger Breach (if higher than 4.60%) NO Delinquency Level Delinquency Level period before previous period Delinquency Level current period 0,07% Trigger Breach (if higher than 0.60% for 2 consecutive Calculation Dates) Principal Deficiency Amount Shortfall Trigger Breach (if the Principal Deficiency Amount Shortfall is higher than zero ) NO NO Replenishment Amount Trigger Breach (if Replenishment Amount is higher than 10% of the Aggregate Rated Notes Outstanding Amount on each of three consecutive Calculation Dates) NO Performance Data Number of Contracts being Days delinquent 357 Number of Contracts being Days delinquent 45 Number of Contracts being Days delinquent 0 Gross instalments being days delinquent ,00 Gross instalments being days delinquent 0,00 Gross instalments being days delinquent 0,00 Current Period Termination 0,00 Cumulative Termination 0,00 New number of Contracts being terminated 0,00 Total number of Contracts being terminated 0,00 Current Period Recoveries 0,00 Cumulative Recoveries 0,00

5 4. Outstanding Notes Monthly Period apr 2015 Principal Payable Amount (during Amortising Period) 1. Note Balance All notes Class A Class B Class C Class D Class M General Note Information ISIN Code XS XS XS XS XS Currency EURO EURO EURO EURO EURO Initial Tranching Legal Maturity Expected Maturity Original Rating (Fitch / Moody's / S&P) AAA(sf)/ Aaa (Sf) AA(sf)/Aa2 (sf) A+(sf)/A1(sf) A-(sf)/Baa(sf) N.A. Current Rating (Fitch / Moody's / S&P)* AAA(sf)/ Aaa (Sf) AA(sf)/Aa2 (sf) A+(sf)/A1(sf) A-(sf)/Baa(sf) N.A. Initial Notes Aggregate Principal Outstanding Balance , , , , ,00 Initial Nominal per Note , , , , ,00 Initial Number of Notes per Class Current Note Information Class Principal Outstanding Balance Beginning of Period , , , , ,00 Amortisation n.a. n.a. n.a. n.a. n.a. Redemption per Note 0,00 Class Principal Outstanding Balance End of Period , , , , ,00 Current Tranching Current Pool Factor 1,00 1,00 1,00 1,00 1,00 2. Payments to Investors per Note All notes Class A Class B Class C Class D Class M Interest Rate Basis: 1-M Euribor / Spread 0,451 0,751 2,00 3,00 20,00 DayCount Convention ACT/360 ACT/360 ACT/360 ACT/360 ACT/360 Interest Days 52 days 52 days 52 days 52 days 52 days Principal Outstanding per Note Beginning of Period , , , , ,00 > Principal Repayment per Note 0,00 0,00 0,00 0,00 0,00 Principal Outstanding per Note End of Period > Interest accrued for the period , , , , ,85 Interest Payment Initial total CE (Subordination, Reserve) Current CE 10,8% 7,8% 4,8% 2,2% n.a

6 5. Original Principal Balance Monthly Period apr 2015 as of ISSUE DATE Original Principal Balance (Ranges in EUR) Original Principal Balance in EUR Balance Number of Loans Loans Euro 0 to ,52 0,1% 560 0,80% Euro 2501 to ,97 3,5% ,00% Euro 5001 to ,33 9,6% ,90% Euro 7501 to ,78 15,2% ,20% Euro to ,21 15,5% ,20% Euro to ,39 13,6% ,70% Euro to ,16 10,5% ,70% Euro to ,97 8,4% ,30% Euro to ,23 11,0% ,80% Euro to ,60 11,4% ,30% Euro to ,32 0,9% 129 0,20% Greater Euro ,85 0,1% 7 0,00% Total ,33 100% %

7 5.1 Original PB (Graph) Monthly Period apr , , ,00 Original Principal Balance , , , ,00 0,00 Euro 0 to 2500 Euro 2501 to 5000 Euro 5001 to 7500 Euro 7501 to Euro to Euro to Euro to Euro to Euro to Euro to Euro to Greater Euro

8 6. Current Principal Balance Monthly Period apr 2015 Current Principal Balance (Ranges in EUR) Current Principal Balance in EUR Balance Number of Loans Loans Euro 0 to ,90 4,62% ,14% Euro 2501 to ,65 14,81% ,22% Euro 5001 to ,63 17,87% ,64% Euro 7501 to ,35 17,16% ,60% Euro to ,38 12,93% ,02% Euro to ,14 9,27% ,72% Euro to ,88 6,44% ,77% Euro to ,24 4,69% ,74% Euro to ,02 5,50% ,73% Euro to ,76 6,00% 952 1,34% Euro to ,43 0,70% 56 0,08% Greater Euro ,00 0,00% 0 0,00% Total ,38 100,00% ,00% Statistics in EUR Average Amount 6.724,33

9 6.1 Current PB (Graph) Monthly Period apr , , ,00 Current Principal Balance , , , , , ,00 0,00 Euro 0 to 2500 Euro 2501 to 5000Euro 5001 to 7500Euro 7501 to Euro to Euro to Euro to Euro to Euro to Euro to Euro to Greater Euro

10 7. Borrower Concentration Monthly Period apr 2015 No Current Principal Balance in EUR Balance Number of Loans ,57 0,07% ,38 0,07% ,97 0,05% ,50 0,04% ,35 0,04% ,34 0,03% ,01 0,03% ,86 0,03% ,93 0,03% ,08 0,03% ,46 0,03% ,46 0,03% ,32 0,03% ,40 0,03% ,20 0,03% ,56 0,03% ,26 0,03% ,11 0,02% ,69 0,02% ,27 0,02% ,72 0,69% 260

11 8. Geographical Distribution Monthly Period apr 2015 State Current Principal Balance in EUR Balance Number of Loans Loans Baden-Württemberg ,57% ,00 20,03% Bayern ,36% ,00 18,48% Berlin ,86% 1.862,00 2,61% Brandenburg ,68% 1.810,00 2,54% Bremen ,63% 475,00 0,67% Hamburg ,57% 1.044,00 1,47% Hessen ,11% 5.776,00 8,11% Mecklenburg-Vorpomm ,99% 1.339,00 1,88% Niedersachsen ,53% 4.697,00 6,59% Nordrhein-Westfalen ,14% ,00 18,00% Rheinland-Pfalz ,53% 5.206,00 7,31% Saarland ,57% 1.064,00 1,49% Sachsen ,71% 2.323,00 3,26% Sachsen-Anhalt ,18% 1.597,00 2,24% Schleswig-Holstein ,99% 2.095,00 2,94% Thüringen ,59% 1.693,00 2,38% Total ,00% ,00 100,00%

12 8.1 Geographical Distribution (Graph) Monthly Period apr Current Principal Balance

13 9. Object Type Monthly Period apr 2015 Car type Current Principal Balance in EUR Balance Number of Loans Loans New ,07 64,20% ,90% Used ,31 35,80% ,10% Total ,38 100% ,00 100% Object Type Current Principal Balance in EUR Balance Number of Loans Loans Car ,96 98,20% ,70% LCV ,42 1,80% ,30% Total ,38 100% ,00 100%

14 10. Insurances Monthly Period apr 2015 Loss Compensation Insurance Current Principal Balance in EUR Balance Number of Loans Loans With CPI ,02 36,70% ,20% Without CPI ,36 63,30% ,80% Total ,38 100% ,00 100%

15 11. Type of Contract Monthly Period apr 2015 Contracts w/balloon Payments Current Principal Balance in EUR Balance Number of Loans Loans No ,42 80,10% ,60% Yes ,96 19,90% ,40% - of which ballon rates ,24 n.a n.a n.a - of which regular installments ,72 n.a n.a n.a Total ,38 n.a n.a n.a Length of Original Term in months Number of Loans Total Balloon Loans in % Balloon Loan Principal in EUR Balloon Rate in % of Current Outstanding 0 to 12 months 15 0% ,80 87,50% 13 to 24 months 105 1% ,25 69,80% 25 to 36 months % ,59 68,20% 37 to 48 months % ,65 58,30% 49 to 60 months % ,83 43,50% 61 to 72 months 792 9% ,01 41,90% 73 to 96 months 477 5% ,83 28,00% Total % ,96 Length of Remaining Term in months Number of Loans Total Balloon Loans in % Balloon Loan Principal in EUR Balloon Rate in % of Current Outstanding bis ,60% ,46 84,50% bis ,40% ,62 62,00% bis ,20% ,08 50,00% bis ,70% ,27 41,20% bis ,10% ,51 33,20% bis ,00% ,02 23,70% Total % ,96

16 12. Payment Methods Monthly Period apr 2015 Payment Method Current Principal Balance in EUR Balance Number of Loans Loans Direct Debit ,60 99,70% ,60% Other ,78 0,30% 270 0,40% Total ,38 100% ,00 100% Current Principal Cycle of Payment Balance in EUR Balance Number of Loans Loans Monthly ,38 100,00% ,00% Total ,38 100% ,00 100% Downpayment Yes/No Current Principal Balance in EUR Balance Number of Loans Loans YES ,66 82,40% ,00% NO ,72 17,60% ,00% Total ,38 100,00% ,00% Downpayment and Purchase Price in EUR All contracts Contracts with initial downpayment Weighted average downpayment 6.976, ,00 Average purchase price , ,00 Downpayment in % 41,20% 44,20%

17 13. Customer Yield Monthly Period apr 2015 Yield Range * Current Principal Balance in EUR Balance Number of Loans Loans 0 to 1% ,28 8,85% ,15% 1,01 to 2% ,50 1,81% 858 1,20% 2,01 to 3% ,34 7,33% ,17% 3,01 to 4% ,47 15,21% ,76% 4,01 to 5% ,70 28,75% ,67% 5,01 to 6% ,90 23,34% ,24% 6,01 to 7% ,72 11,51% ,89% 7,01 to 8% ,92 2,48% ,82% 8,01 to 9% ,34 0,56% 622 0,87% 9,01 to 10% ,14 0,10% 82 0,12% Greater 10% ,07 0,07% 72 0,10% Total ,38 100% ,00 100% Statistics in % WA Interest 4,39% * runs from.00 to.99

18 13.1 Customer Yield (Graph) Monthly Period apr , , , , , , , ,00 0,00 0 to 1% 1,01 to 2% 2,01 to 3% 3,01 to 4% 4,01 to 5% 5,01 to 6% 6,01 to 7% 7,01 to 8% 8,01 to 9% 9,01 to 10% Greater 10% Current Principal Balance Yield Range

19 14. Seasoning Monthly Period apr 2015 Seasoning in Months Current Principal Balance in EUR Balance Number of Loans Loans 0 to 6 months ,96 10,37% ,65% 7 to 12 months ,37 15,94% ,69% 13 to 18 months ,35 13,91% ,94% 19 to 24 months ,99 13,86% ,31% 25 to 30 months ,46 10,53% ,45% 31 to 36 months ,29 9,94% ,65% 37 to 42 months ,11 6,83% ,88% 43 to 48 months ,17 6,68% ,06% 49 to 54 months ,45 3,74% ,49% 55 to 60 months ,09 3,34% ,95% 61 to 66 months ,26 1,96% ,74% 67 to 72 months ,98 1,23% ,21% 73 to 78 months ,95 0,85% ,78% 79 to 96 months ,95 0,83% ,20% Total ,38 100,00% ,00%

20 14.1 Seasoning (Graph) Monthly Period apr , , , , , , , , ,00 0,00 Current Principal Balance 0 to 6 months 7 to 12 months 13 to 18 months 19 to 24 months 25 to 30 months 31 to 36 months 37 to 42 months 43 to 48 months 49 to 54 months 55 to 60 months 61 to 66 months 67 to 72 months 73 to 78 months 79 to 96 months Seasoning in Months

21 15. Remaining Term Monthly Period apr 2015 Remaining Term in Months Current Principal Balance in EUR Balance Number of Loans Loans 0 to 6 months ,40 2,87% ,06% 7 to 12 months ,78 4,80% ,09% 13 to 18 months ,08 7,86% ,25% 19 to 24 months ,94 9,73% ,09% 25 to 30 months ,58 10,85% ,23% 31 to 36 months ,83 11,56% ,17% 37 to 42 months ,35 14,09% ,16% 43 to 48 months ,88 12,27% ,22% 49 to 54 months ,39 10,27% ,73% 55 to 60 months ,84 7,56% ,44% 61 to 66 months ,06 5,39% ,11% 67 to 72 months ,25 2,75% ,46% Total ,38 100,00% ,00%

22 15.1 Remaining Term (Graph) Monthly Period apr , , ,00 Current Principal Balance , , , , ,00 0,00 0 to 6 months 7 to 12 months 13 to 18 months 19 to 24 months 25 to 30 months 31 to 36 months 37 to 42 months Remaining Term in Months 43 to 48 months 49 to 54 months 55 to 60 months 61 to 66 months 67 to 72 months

23 16. Original Term Monthly Period apr 2015 Original Term in Months Current Principal Balance in EUR Balance Number of Loans Loans 0 to 6 months ,07 0,01% 27 0,04% 7 to 12 months ,56 0,17% 299 0,42% 13 to 18 months ,93 0,27% 479 0,67% 19 to 24 months ,61 1,74% ,94% 25 to 30 months ,56 0,92% ,66% 31 to 36 months ,54 8,72% ,01% 37 to 42 months ,20 1,39% ,00% 43 to 48 months ,97 19,94% ,28% 49 to 54 months ,04 1,63% ,03% 55 to 60 months ,68 26,42% ,37% 61 to 66 months ,00 1,58% ,77% 67 to 72 months ,90 15,39% ,07% 73 to 78 months ,25 0,90% 625 0,88% 79 to 96 months ,07 20,91% ,87% Total ,38 100% ,00 100% Statistics WA Original Term 63,06

24 16.1 Original Term (Graph) Monthly Period apr , ,00 Current Principal Balance , , , ,00 0,00 0 to 6 months 7 to 12 months 13 to 18 months 19 to 24 months 25 to 30 months 31 to 36 months 37 to 42 months 43 to 48 months Original Term in Months

25 17. Manufacturer Monthly Period apr 2015 Manufacturer Current Principal Balance in EUR Balance Number of Loans Loans Fiat ,82 74,46% ,74% Lancia ,30 1,86% ,80% Alfa Romeo ,79 7,12% ,20% Maserati ,37 0,18% 28 0,04% Jeep ,78 4,34% ,64% others ,32 12,05% ,58% -> Ferrari ,73 0,07% 6 0,01% -> Jaguar ,00 0,99% 295 0,41% -> LandRover ,93 2,84% 741 1,04% -> Chrysler ,51 0,27% 187 0,26% -> Dodge ,37 0,26% 159 0,22% -> others ,78 7,61% ,64% ,38 100% %

26 18. Priority of Payments Monthly Period apr 2015 Priority of Payments during the Revolging Period Payment Available Distribution Amount ,96 1. Senior expenses; ,91 2. Interest payments to swap counterparty and swap termination payments if the issuer is the defaulting party; ,00 3. Interest on Class A ,78 4. Interest on Class B ,67 5. Interest on Class C ,50 6. Interest on Class D ,90 7. Replenishment of the reserve fund up to the required principal reserve amount Purchase of further receivables or to credit the replenishment account ,47 9. Termination payments if the swap counterparty is the defaulting party Residual payments due to the servicer or the originator Interest on Class M , Additional servicing fee , Transaction Gain payments to the shareholder of the issuer - 100,00 Priority of Payments during the Amoritisation Period N/A Available Distribution Amount + 1. Senior expenses; - 2. Interest payments to swap counterparty and swap termination payments if the issuer is the defaulting party; - 3. Interest on Class A - 4. Interest on Class B - 5. Interest on Class C - 6. Interest on Class D - 7. Replenishment of the reserve fund up to the required principal reserve amount - 8. Principal payments to Class A up to the targeted amount - 9. Principal payments to Class B up to the targeted amount Principal payments to Class C up to the targeted amount Principal payments to Class D up to the targeted amount Termination payments if the swap counterparty is the defaulting party Residual payments due to the servicer or the originator Interest on Class M Additional servicing fee Transaction gain to the shareholder of the issuer -

27 19. Transaction Costs Monthly Period apr , , , , , ,0 Transaction Costs All notes Class A Class B Class C Class D Class M Senior Expenses , , , , , ,1 Interest accrued for the Period , , , , , ,85 Interest Payments , , , , , ,85 Unpaid Interest for the Period Cumulative Unpaid Interest

28 20. Swap Counterparty Data Monthly Period apr 2015 Swap Counterparty Data Swap Counterparty Provider FCA Bank SpA Swap Data Swap Type IRS Notional Amount ,00 Fixed Rate 0,20 Floating Rate (Euribor) 0,0010 Net Swap Payments ,44

29 21. Retemtion Monthly Period apr 2015 FCA Bank Deutschland confirms its compliance to have continuously retained a net economic interest in the ABEST 11 securitisation transaction of at least 5% of the securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013) Outstanding Principal Balance of Purchased Receivables as of the Offer Date: Outstanding Principal Balance of Purchased Receivables as of the beginning of the Monthly Period: Outstanding Principal Balance of Purchased Receivables as of the end of the Monthly Period: , , ,45 Net Economic Interest Ratio as of Offer Date: Net Economic Interest Ratio as of the beginning of the Monthly Period: Net Economic Interest Ratio as of the end of the Monthly Period: , , ,28

30 ABEST 11 Reporting Date 19/05/2015 Monthly Investor Report Payment Date 21/05/2015 Period No 22. Counterparties I Monthly Period apr 2015 Interest Period Collection Period 1 from 30/03/2015 to 21/05/2015 = 31 days from 02/03/2015 to 30/04/2015 Long Term Moody's Fitch S & P Short Term Outlook Long Term Short Term Outlook Long Term Short Term Outlook Joint Lead Managers: CA-CIB A2 P-1 NEG A F1 STAB A A-1 NEG LBBW A2 P-1 A- F1 STAB NR NR NR Transaction Account: BNP Paribas Securities Services, Luxembourg A1 P-1 NEG A+ F1 STAB A+ A-1 NEG Paying Agent: BNP Paribas Securities Services, Luxembourg A1 A+ A+ Swap Counterparty: FCA BANK Baa3 BBB- BB+ Ratings as of 20/05/2015

31 23. Counterparties II Monthly Period apr 2015 Interest Period from 30/03/2015 to 21/05/2015 = 31 days Transaction Security Trustee: TMF Trustee Limited Data Trustee: TMF Administration Services Limited Rating Agencies: Moody's Standard & Poor's Ratings Services Administrator: TMF Deutschland AG

32 24. Issuer Information Monthly Period apr 2015 Interest Period from 30/03/2015 to 21/05/2015 = 31 days Deal Name: ABEST 11 Issuer: ABEST 11 Seller of the Receivables: Servicer Name: Reporting Entity: FCA Bank Deutschland GmbH FCA Bank Deutschland GmbH Contact: Doriana Bettini doriana.bettini@ca-cib.com Administrator:

33 ABEST 11 Reporting Date 19/05/2015 Monthly Investor Report Payment Date 21/05/2015 Period No 25. Originator Monthly Period apr 2015 Interest Period Collection Period 1 from 30/03/2015 to 21/05/2015 = 31 days from 02/03/2015 to 30/04/2015 Contact Details FCA Bank Deutschland GmbH heike.simon@fgabank.de Ratings Originator Moody's Fitch S & P Long Term Short Term Outlook Long Term Short Term Outlook Long Term Short Term Outlook Baa3 BBB- BB+ Ratings as of March 12nd 2015

34 25. Glossary Monthly Period apr 2015 o Calculation Agent Doriana.bettini@ca-cib.com