Deal name: Issuer: Driver Italia One Driver Italia One S.r.l Via A. Pestalozza, 12/14 20131 Milan - Italy Originator of the receivables: Seller of the receivables: Servicer name: Volkswagen Bank GmbH Volkswagen Bank GmbH Volkswagen Bank GmbH Reporting entity: Volkswagen Bank GmbH Contact: Gifhorner Str. 57 38112 Braunschweig Germany email: ABS_Driver@vwfs.com fax + 49 (0) 531 212 77540 tel.: +49 (0) 531 212 87520 Corporate service provider: Zenith Service S.p.A. Contact: Via A. Pestalozza, 12/14 20131 Milan - Italy
Delinque ncies & Publication date: 17.09.2018 Contents Page Table of contents 1 Cover 2 Contents 3 Reporting details 4 Parties overview 5 Transaction events I 6 Transaction events II 7 Transaction events III 8 Notes I 9 Notes II 10 Cash collateral account (CCA) 11 Swaps & waterfall 12 Retention 13 Amortisation profile I 14 Amortisation profile II 15 Run out schedule I 16 Run out schedule II 17 18 Delinquencies & defaults I 19 Delinquencies & defaults II 20 Delinquencies & defaults III 21 Defaults recoveries 22 Write-Offs 23 Prepayments 24 Pool data I 25 Pool data II 26 Pool data III 27 Pool data IV 28 Pool data V 29 Pool data VI 30 Pool data VII 31 Pool data VIII 32 Pool data IX 33 Pool data X 34 Loan level data
Reporting details Deal overview Cut-Off date: Scheduled date of Clean-Up- Call: Legal maturity date: Issue date: Period no.: Reporting frequency: Next payment date: 30.04.2018 Publication date: 03.2021 Payment date: 21.04.2029 Reporting Date: 29.05.2018 Asset collection period: 4 Interest accrual period: monthly Note payment period: 22.10.2018 Days accrued: 17.09.2018 (16th of each month) 21.09.2018 (21st of each month) 17.09.2018 from 01.08.2018 until 31.08.2018 from 21.08.2018 until 21.09.2018 from 21.08.2018 until 21.09.2018 31 Type of car at Pool cut Percentage outstanding Percentage of New cars 53.966 89,06% 461.176.816,13 92,23% Used cars 5.128 8,46% 26.302.018,48 5,26% Young used cars 1.503 2,48% 12.565.859,44 2,51% Total 60.597 100,00% 500.044.694,05 100,00% at Pool cut Percentage outstanding Percentage of Balloon Credit 4 0,01% 36.556,27 0,01% Auto Credit 9.214 15,21% 144.124.438,50 28,82% Classic Credit 51.379 84,79% 355.883.699,28 71,17% Total 60.597 100,00% 500.044.694,05 100,00%
Parties overview Function Name of party Lead Manager Citigroup Global Markets Ltd Crédit Agricole Corporate and Investment Bank Canada Square Canary Wharf E14 5LB, London United Kingdom 12 Place des Etats-Unis 92547 Montrouge, CEDEX France Paying agent/calculation agent/interest deelavon Financial Services DAC 5th Floor, 125 Old Broad Street London EC2N 1AR United Kingdom e-mail: tom.jinks@usbank.com Account bank Elavon Financial Services DAC 5th Floor, 125 Old Broad Street London EC2N 1AR United Kingdom e-mail: tom.jinks@usbank.com Servicer Volkswagen Bank GmbH Gifhorner Str. 57 38112 Braunschweig Germany email: ABS_Driver@vwfs.com fax + 49 (0) 531 212 77540 tel.: +49 (0) 531 212 87520 Swap counterparty: Crédit Agricole Corporate and Investment Bank 12 Place des Etats-Unis 92547 Montrouge, CEDEX France Rating agencies DBRS Moody's Rating Agency Standard & Poor's Security trustee DBRS Ratings Limited 20 Fenchurch Street, 31st Floor London, EC3M 3BY United Kingdom Intertrust Trustees GmbH Grüneburgweg 58-62 60322 Frankfurt am Main Germany (1) Moody s Investors Service One Canada Square Canary Wharf London E14 5FA (2) Moody s Deutschland GmbH An der Welle 5 60322 Frankfurt am Main email: monitor.abs@moodys.com Attn.: Monitoring Opern Turm Bockenheimer Landstraße 2 60306 Frankfurt am Main Germany e-mail: ABSeuropeansurveillance@standardandpoors.com Clearing systems Clearstream Luxembourg Euroclear Bank S.A./N.V. 42 Avenue JF Kennedy L-1885 Luxembourg Luxembourg 1 Boulevard du Roi Albert II 1210 Brussels Belgium email: web@clearstream.com Corporate services provider Zenith Service S.p.A. Via A. Pestalozza, 12/14 20131 Milan - Italy
Transaction events (I) Clean-Up Call condition Percentage of current outstanding discounted portfolio Min. percentage of outstanding discounted portfolio 85,59% 10,00% The Clean-Up-Call condition is planned to be reached in 03.2021. Clean-Up call Volkswagen Bank GmbH will have the option to exercise a Clean-Up call and to repurchase the purchased loan receivables from the issuer at any time when the aggregate percentage is less than 10 per cent. of the aggregate Cut-Off date percentage provided that all payment obligations under the notes will be thereby fulfilled. Repurchase of receivables % of discounted % of Previous periods - - - - Current period - - - - Re-Purchase price - 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). Transaction party replacements Capacity of transaction party Date of replacement Reason for replacement Replaced party Replaced by
0,0000% 0,0000% 0,0000% 0,0000% Publication date: 17.09.2018 Transaction events (II) Credit enhancement increase conditions Level 1(i) Credit enhancement increase condition - Cumulative Net Loss Ratio does not amount to 1,60% for any payment date prior to or during 09.2019 Level 1(ii) Credit enhancement increase condition - Cumulative Net Loss Ratio does not amount to 3,00% for any payment date after (but excluding) the Payment Date falling in 09.2019 until (and including) the Payment Date falling in 03.2021 NO NO Level 2 Credit enhancement increase condition - Cumulative Net Loss Ratio does not amount to 6,00% for any payment date NO Cumulative net losses Write-Offs registered in current period Write-Offs incl. current period Write-Off amount 0 0,00 0 0,00 Cumulative Write-Offs as of the end of the Monthly period as of Cut-Off-Date Cumulative net loss ratio as percentage divided by the at pool cut 0,00 500.044.694,05 0,00000% in % 8,00% 7,50% 7,00% 6,50% 6,00% 5,50% 5,00% 4,50% 4,00% 3,50% 3,00% 2,50% 2,00% 1,50% 1,00% 0,50% 0,00% Cumulative net losses in percent of initial pool Cumulative net loss ratio Level 1a/b Level 2 Monthly period
Transaction events (III) Account bank DBRS Moody's S&P Elavon Financial Services LTD Long term Short term Outlook Long term Short term Outlook10 Long term Short term Outlook10 Current rating* n.a. n.a. n.a. Aa2 P-1 stable AA- A-1+ stable Minimum required rating (Monthly Remittance Condition) Minimum Required rating (if no short term rating available) A R-1 (middle) Baa1 P-2 BBB A-2 If the account bank ceases to have the account bank Required rating it shall, at its own cost, (i) transfer the accounts to an eligible collateral bank, or (ii) provide a guarantee from an eligible guarantor, or (iii) take any other action in order to maintain the rating of the notes. If none of the measures is taken within a given timespan, the issuer may enter into new banking arrangements at its own initiative with another account bank. A3 BBB+ Required rating: fulfilled Swap counterparty DBRS Moody's S&P Crédit Agricole Corporate and Investment Bank Long term Short term Outlook Long term Short term Outlook10 Long term Short term Outlook10 Current rating* AA (low) R-1 (middle) stable A1 P-1 positive A A-1 positive Minimum required rating (Monthly Remittance Condition) Minimum Required rating (if no short term rating available) (Please refer to the prospectus for a complete description of the mechanism) A If the Swap Bank falls below the above mentioned Minimum Rating (Level I) it shall provide Eligible Credit Support by means of Cash or certain types of Prime Debt Obligations A3 If the Swap Bank ceases to have the even lower Rating as an Eligible Swap Counterparty (Level II) it shall, at its own cost, (i) transfer all rights and obligations under the Swap Agreement to another Eligible Swap Partner or (ii) provide a guarantee from an Eligible Guarantor. If none of the measures is taken within a given timespan, the Issuer may enter into new arrangements at its own initiative with another Swap Bank. Required rating: fulfilled (Please refer to the Prospectus for a complete description of the mechanism) Servicer DBRS Moody's S&P Volkswagen Bank GmbH Long term Short term Outlook Long term Short term Outlook10 Long term Short term Outlook10 Current rating* n.a. n.a. n.a. A1 P-1 stable A- A-2 negative Minimum required rating (Monthly Remittance Condition) BBB (high) R-2 (middle) Baa1 P-2 BBB A-2 Minimum Required rating (if no short term rating available) A3 BBB+ If the VW Bank required rating falls below the above mentioned minimum rating VW Bank, as the servicer, shall determine and provide the monthly collections part 1/ part 2 and the monthly collateral part 1 / part 2 as an additional security. Required rating: fulfilled *Ratings last updated on 03/09/2018 **VW Bank is not rated by Fitch. Nevertheless, on 10 November 2015 VW Bank received notification from Fitch that Fitch has determined VW Bank's capacity for timely payment of financial commitments would no longer equal a short-term rating of at least "F1" and a long-term rating of at least "A".
Information regarding the notes I Rating at issue date Class A Class B DBRS AAA (sf) A (high) (sf) Moody's Rating Agency Aa2 (sf) A1 (sf) Standard & Poor's AA(sf) A+(sf) Current rating Class A Class B DBRS AAA (sf) A (high) (sf) Moody's Rating Agency Aa2 (sf) A1 (sf) Standard & Poor's AA(sf) A+(sf) Information on notes Class A Class B Legal maturity date Apr 2029 Apr 2029 Scheduled Clean-Up-Call Mrz 2021 Mrz 2021 ISIN XS1808851619 XS1808852773 Common code 180885161 180885277 Nominal amount 100.000,00 100.000,00 Information on interest Class A Class B Spread/ Margin 40 bps 50 bps rate 1-Month-Euribor 1-Month-Euribor Fixed/Floating Floating Floating Current coupon 0,0300% 0,1300% Day count convention actual/360 actual/360
Information regarding the notes II Monthly period: Payment date: Interest accrual period (from/until): Days accrued: rate: Base interest rate: Day count convention: 08.2018 21.09.2018 from 21.08.2018 until 21.09.2018 31 1-Month-Euribor -0,370% actual/360 Interest payments Class A Class B Total interest amount of the reporting period 9.962,93 1.567,22 Paid interest 9.962,93 1.567,22 Unpaid interest Class A Class B Unpaid interest of the reporting period 0,00 0,00 Cumulative unpaid interest 0,00 0,00 Note Class A Class B Note as of Cut-Off date 441.000.000,00 14.000.000,00 Note as of the beginning of the period 385.661.776,50 14.000.000,00 Redemption amount per class (16.837.644,60) 0,00 Class as of the end of the period 368.824.131,90 14.000.000,00 Payments to investors per note Class A Class B Interest 2,26 11,19 Principal repayment by note 3.818,06 0,00 notes 4.410 140 Note factor 0,836336 1,000000 Overcollateralisation percentage Class A Class B Initial OC percentage at poolcut 11,8079% 9,0081% Current OC percentage 13,8280% 10,5570% Target OC percentage 23,0000% 16,0000% Subordinated loan - Balance as of the beginning of the period 32.466.853,27 Redemption 0,00 Capitalization of interest 0,00 Balance as of the end of the period 32.279.646,29 Current OC percentage 3,0154%
Cash collateral account (CCA) Cash collateral account (CCA) in EUR in % of discounted Initial at poolcut 6.500.581,02 1,300% Thereof general cash reserve 6.500.581,02 1,300% Thereof german trade tax risk reserve 0,00 0,000% Targeted (Floor) 5.500.000,00 1,100% Thereof general cash reserve 5.500.000,00 1,100% Thereof german trade tax risk reserve 0,00 0,000% Balance as of the beginning of the period 5.782.370,06 1,300% Payment from CCA 218.239,88 0,040% Payment to CCA 0,00 0,000% Balance as of the end of the period 5.564.130,18 1,300% Thereof general cash reserve 5.564.130,18 1,300% Thereof german trade tax risk reserve 0,00 0,000% Accrued interest 0,00 0,000% Calculation of credit enhancement Initially, Driver Italia One's Credit enhancement consists of the respective note issue in comparison to the percentage 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 23% for class A and 16% 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 23% for the class A Notes and 16% for the class B notes has been reached.
Swap fixing / Waterfall Amortising interest rate swap Class A Class B Initial principal 441.000.000,00 14.000.000,00 Underlying principal for reporting period 385.661.776,50 14.000.000,00 Fix interest rate 0,2000% 0,3600% Floating interest rate 0,0300% 0,1300% Net swap payments / Net swap receipts 0,00 0,00 Available distribution amount calculation Payment to waterfall position Remaining amount (i) Receivables collections amount 17.282.658,35 17.282.658,35 (ii) Amounts received by the Issuer from the Seller pursuant to the Receivables Purchase Agreement 0,00 17.282.658,35 (iii) Interest accrued on the Distribution Account made using the standing to the credit of the Distribution Account 0,00 17.282.658,35 (iv) Amounts credited to the drawings from the Cash Collateral Account 0,00 17.282.658,35 (v) Net Swap Receipts under the Class A Swap Agreement and under the Class B Swap Agreement 0,00 17.282.658,35 (vi) Any other amounts received by the Issuer such as proceeds upon exercise of the Clean-Up Call 0,00 17.282.658,35 Remaining amount from previous period 27,60 17.282.685,95 Waterfall Payment to waterfall position Remaining amount Available distribution amount 17.282.685,95 1) Taxes 0,00 17.282.685,95 2) Payment to security trustee 0,00 17.282.685,95 3) Servicing fee (371.274,54) 16.911.411,41 4) Payment in respect of fees (5.276,09) 16.906.135,32 5.i) Net swap payment class A (54.314,03) 16.851.821,29 5.ii) Net swap payment class B (2.632,78) 16.849.188,51 6) Interest payment class A (9.962,93) 16.839.225,58 7) Interest payment class B (1.567,22) 16.837.658,36 8) Payment to cash collateral account 0,00 16.837.658,36 9) Redemption class A (16.837.644,60) 13,76 10) Redemption class B 0,00 13,76 Remaining rounding amount (Current period) (13,76) 0,00 11) Other payment to swap counterparties 0,00 0,00 12) Accrued and unpaid interest on the subordinated loan 0,00 0,00 12 a) Interest subordinated note 0,00 0,00 12 b) Unpaid interest subordinated note 0,00 0,00 13) Redemption subordinated loan 0,00 0,00 Remaining rounding amount sub note (Current period) 0,00 0,00 14) Final success fee 0,00 0,00 Distribution of cash collateral account surplus Payment to waterfall position Remaining amount Payment from cash collateral account 218.242,96 218.242,96 Interest subordinated loan (31.032,90) 187.210,06 Redemption subordinated loan (187.206,98) 3,08
Retention of net economic interest Retention amount at poolcut Type of asset Percentage of Percentage of nominal nominal Portfolio sold to SPV 60.597 94,88% 510.346.077,20 95,00% Retention of VW Bank 3.272 5,12% 26.860.036,90 5,00% Total 63.869 100,00% 537.206.114,10 100,00% Retention amount end of reporting period Type of asset Percentage of Percentage of nominal nominal Portfolio sold to SPV 55.211 94,92% 436.136.562,72 95,01% Retention of VW Bank 2.955 5,08% 22.897.902,96 4,99% Total 58.166 100,00% 459.034.465,68 100,00% In its capacity as originator and original lender, Volkswagen Bank Italy complies with the retention requirements of a material net economic interest in accordance with article 405 Abs. 1 c CRR and the corresponing delegated regulation 625/2014 article 10. By adhering to option c) of the direction, Volkwagen Bank Italy will keep the exposures designated for retention on its sheet on an ongoing basis. The latest end of month level of retention will be published on a monthly basis within the investor report.
Amortisation profile I Note class Class A WAL At closing: 1,31 yrs Currently: 1,30 yrs At closing: 2,37 yrs Currently: 2,17 yrs Payment date Actual note Forecasted note Actual note 2 Forecasted note 2 29.05.2018 441.000.000,00-14.000.000,00-21.06.2018 421.937.422,20-14.000.000,00-21.07.2018 403.546.663,80-14.000.000,00-21.08.2018 385.661.776,50-14.000.000,00-21.09.2018 368.824.131,90-14.000.000,00-21.10.2018-323.838.643,82-14.000.000,00 21.11.2018-309.293.416,14-14.000.000,00 21.12.2018-295.182.078,26-14.000.000,00 21.01.2019-280.797.173,70-14.000.000,00 21.02.2019-266.425.079,49-14.000.000,00 21.03.2019-252.271.426,55-14.000.000,00 21.04.2019-238.487.512,57-14.000.000,00 21.05.2019-225.366.171,73-14.000.000,00 21.06.2019-212.713.155,09-14.000.000,00 21.07.2019-200.710.887,35-14.000.000,00 21.08.2019-189.645.256,19-14.000.000,00 21.09.2019-180.216.879,19-14.000.000,00 21.10.2019-170.771.763,04-14.000.000,00 21.11.2019-161.619.795,80-14.000.000,00 21.12.2019-152.549.422,67-13.868.129,33 21.01.2020-143.348.626,26-13.031.693,30 21.02.2020-134.460.120,75-12.223.647,34 21.03.2020-126.404.909,52-11.491.355,41 21.04.2020-117.607.195,58-10.691.563,23 21.05.2020-109.306.922,77-9.936.992,98 21.06.2020-101.722.442,81-9.247.494,80 21.07.2020-94.570.653,80-8.597.332,16 21.08.2020-83.989.933,11-7.635.448,46 21.09.2020-74.758.477,10-6.796.225,19 21.10.2020-65.311.754,37-5.937.432,22 21.11.2020-56.883.776,38-5.171.252,40 21.12.2020-47.437.612,87-4.312.510,26 21.01.2021-37.194.348,17-3.381.304,38 21.02.2021-33.991.466,37-3.090.133,31 21.03.2021-0,00-0,00 21.04.2021-0,00-0,00 21.05.2021-0,00-0,00 21.06.2021-0,00-0,00 21.07.2021-0,00-0,00 21.08.2021-0,00-0,00 21.09.2021-0,00-0,00 21.10.2021-0,00-0,00 21.11.2021-0,00-0,00 21.12.2021-0,00-0,00 21.01.2022-0,00-0,00 21.02.2022-0,00-0,00 21.03.2022-0,00-0,00 21.04.2022-0,00-0,00 21.05.2022-0,00-0,00 21.06.2022-0,00-0,00 21.07.2022-0,00-0,00 21.08.2022-0,00-0,00 21.09.2022-0,00-0,00 21.10.2022-0,00-0,00 21.11.2022-0,00-0,00 21.12.2022-0,00-0,00 21.01.2023-0,00-0,00 21.02.2023-0,00-0,00 21.03.2023-0,00-0,00 21.04.2023-0,00-0,00 21.05.2023-0,00-0,00 21.06.2023-0,00-0,00 21.07.2023-0,00-0,00 21.08.2023-0,00-0,00 21.09.2023-0,00-0,00 21.10.2023-0,00-0,00 21.11.2023-0,00-0,00 21.12.2023-0,00-0,00 21.01.2024-0,00-0,00 21.02.2024-0,00-0,00 21.03.2024-0,00-0,00 + Based on the following assumptions: CPR of 10% and Clean Up Call at 10% of the outstanding portfolio Class B
Amortisation profile II in EUR 500.000.000 Amortisation profile Class A-Notes Actual Amort. A-Notes Expected Amort. A-Notes 450.000.000 400.000.000 350.000.000 Assuming a Clean-Up Call at 10% of the initial outstanding, annual prepayments of 10% and 0% defaults 300.000.000 250.000.000 200.000.000 150.000.000 100.000.000 50.000.000 Reporting period 0 in EUR 45.000.000 Amortisation profile Class B-Notes Actual Amort. B-Notes Expected Amort. B-Notes 40.000.000 35.000.000 30.000.000 Assuming a Clean-Up Call at 10% of the initial outstanding, annual prepayments of 10% and 0% defaults 25.000.000 20.000.000 15.000.000 10.000.000 5.000.000 0 Reporting period
Run out schedule I Payment date Principal Interest Instalment arrears 254.518,72 4.897,45 259.416,17 09.2018 15.132.072,05 464.528,00 15.596.600,05 10.2018 15.091.923,60 448.674,18 15.540.597,78 11.2018 15.019.444,99 432.369,29 15.451.814,28 12.2018 14.623.804,73 416.110,13 15.039.914,86 01.2019 14.186.178,61 400.224,05 14.586.402,66 02.2019 14.445.709,55 384.805,86 14.830.515,41 03.2019 14.439.625,18 369.106,31 14.808.731,49 04.2019 14.214.342,04 353.414,92 14.567.756,96 05.2019 13.844.131,57 337.958,82 14.182.090,39 06.2019 13.175.197,38 322.894,18 13.498.091,56 07.2019 12.706.343,36 308.579,62 13.014.922,98 08.2019 12.052.364,63 294.752,61 12.347.117,24 09.2019 12.806.787,65 281.639,52 13.088.427,17 10.2019 12.244.944,71 267.704,04 12.512.648,75 11.2019 12.266.684,58 254.379,31 12.521.063,89 12.2019 11.885.972,46 241.030,90 12.127.003,36 01.2020 11.780.006,48 228.097,10 12.008.103,58 02.2020 11.949.388,65 215.277,72 12.164.666,37 03.2020 11.543.816,08 202.275,29 11.746.091,37 04.2020 10.461.616,58 189.713,35 10.651.329,93 05.2020 11.425.901,83 178.333,86 11.604.235,69 06.2020 10.779.875,16 165.900,31 10.945.775,47 07.2020 9.850.273,39 154.171,18 10.004.444,57 08.2020 9.288.337,93 143.452,09 9.431.790,02 09.2020 13.741.496,70 133.344,56 13.874.841,26 10.2020 11.989.205,03 118.391,96 12.107.596,99 11.2020 12.268.772,39 105.346,03 12.374.118,42 12.2020 10.945.727,99 91.995,38 11.037.723,37 01.2021 12.268.047,75 80.084,20 12.348.131,95 02.2021 13.303.244,50 66.734,66 13.369.979,16 03.2021 4.159.890,13 52.259,01 4.212.149,14 04.2021 3.749.552,23 47.731,18 3.797.283,41 05.2021 3.769.189,78 43.651,47 3.812.841,25 06.2021 3.408.321,83 39.550,04 3.447.871,87 07.2021 3.193.247,72 35.841,16 3.229.088,88 08.2021 2.843.499,51 32.366,52 2.875.866,03 09.2021 3.008.762,18 29.272,31 3.038.034,49 10.2021 2.850.242,47 25.998,26 2.876.240,73 11.2021 2.883.522,18 22.896,41 2.906.418,59 12.2021 2.538.822,28 19.758,69 2.558.580,97 01.2022 2.038.099,04 16.996,23 2.055.095,27 02.2022 1.918.119,67 14.778,61 1.932.898,28 03.2022 1.303.080,13 12.691,16 1.315.771,29 04.2022 1.198.765,33 11.273,52 1.210.038,85 05.2022 1.118.464,37 9.968,68 1.128.433,05 06.2022 1.023.688,84 8.751,57 1.032.440,41 07.2022 920.929,90 7.637,76 928.567,66 08.2022 842.152,44 6.635,60 848.788,04 09.2022 779.609,83 5.719,12 785.328,95 10.2022 698.794,50 4.870,51 703.665,01 11.2022 624.456,26 4.110,25 628.566,51 12.2022 529.687,34 3.431,00 533.118,34 01.2023 446.559,80 2.854,51 449.414,31 02.2023 372.730,01 2.368,55 375.098,56 03.2023 284.773,97 1.962,93 286.736,90 04.2023 254.133,11 1.653,09 255.786,20 05.2023 234.980,21 1.376,36 236.356,57 06.2023 203.361,68 1.120,79 204.482,47 07.2023 175.008,34 899,60 175.907,94 08.2023 153.741,75 709,04 154.450,79 09.2023 137.811,59 541,63 138.353,22 10.2023 116.398,69 391,76 116.790,45 11.2023 96.970,43 265,13 97.235,56 12.2023 71.565,39 159,61 71.725,00 01.2024 51.834,52 81,75 51.916,27 02.2024 23.253,01 25,30 23.278,31 03.2024 - - - Total 428.009.776,73 8.126.785,99 436.136.562,72
Run out schedule II Expected amortisation of the outstanding discounted asset-portfolio 600.000.000,00 500.000.000,00 400.000.000,00 The expected portfolio amortisation is solely based on the scheduled payments according to rental plan, no assumptions on prepayments or defaults are made. 300.000.000,00 200.000.000,00 100.000.000,00 0,00 Expected outstanding
Overview outstanding Development of pool within reporting period Adjustments nominal Beginning of period 56.131 453.433.526,54 Periodic reduction of nominal 17.296.963,82 Discount 52.502,22 Fees for restructuring/prolongation - Interest on arrears 38.196,75 Compensation 14.305,47 Write-Off - Receivables collections amount 17.282.658,35 Repurchased loan - period End of 55.211 436.136.562,72 Collections by status Collections Current 54.832 15.141.603,91 Delinquent 377 37.709,46 Early settlement 1.030 1.693.688,07 Default 2 - End of term 4.356 409.656,91 Write-Off 0 - Total 60.597 17.282.658,35 Type of car as of pool cut date Balloon Credit Auto Credit Retail Corporate New vehicle Used vehicle Demonstration vehicle Classic Credit discounted discounted discounted discounted Contract status development I 2 3 4 4 5 5 6 2 2 22 23 Current 60.597 500.044.694,05 4 36.556,27 9.214 144.124.438,50 51.379 355.883.699,28 60.591 500.002.240,15 6 42.453,90 53.966 461.176.816,13 5.128 26.302.018,48 1.503 12.565.859,44 Delinquent 0 - Early settlement 0 - Default 0 - End of term 0 - Write-Off 0-60.597 500.044.694,05 4 36.556,27 9.214 144.124.438,50 51.379 355.883.699,28 60.591 500.002.240,15 6 42.453,90 53.966 461.176.816,13 5.128 26.302.018,48 1.503 12.565.859,44 Total Contract status development II discounted 2 3 4 4 5 5 6 Current 54.832 424.473.325,73 3 27.575,04 8.663 130.341.084,18 46.166 294.104.666,51 54.829 424.452.565,30 3 20.760,43 48.946 393.007.598,01 4.506 20.698.180,81 1.380 10.767.546,91 Delinquent 377 3.481.569,35 76 1.215.098,38 301 2.266.470,97 376 3.472.364,89 1 9.204,46 325 3.223.093,25 41 158.128,99 11 100.347,11 Early settlement 1.030-219 - 811-1.029-1 - 875-128 - 27 - Default 2 54.881,65 2 54.881,65 2 54.881,65 2 54.881,65 End of term 4.356-1 - 256-4.099-4.355-1 - 3.818-453 - 85 - Write-Off 0-60.597 428.009.776,73 4 27.575,04 9.214 131.556.182,56 51.379 296.426.019,13 60.591 427.979.811,84 6 29.964,89 53.966 396.285.572,91 5.128 20.856.309,80 1.503 10.867.894,02 Total Contract status as of the end of the Current period Contract status developement III Default Current Delinquent Early settlement End of term Write-Off discounted Contract status as of the begin of the period Current 54.694 423.416.943,36 191 1.772.832,48 203-706 - Delinquent 138 1.056.382,37 185 1.708.522,54 6-1 4.695,05 6 - Early settlement 0-1 214,33 821-9 - Default 0-1 50.186,60 End of term 0-3.635 - Write-Off 0-54.832 424.473.325,73 377 3.481.569,35 1.030-2 54.881,65 4.356 - Total * Prior to write-off during reporting month. as of current reporting period Balloon Credit Auto Credit Classic Credit Retail Corporate New vehicle discounted 2 Type of car Used vehicle discounted 2 22 Demonstration vehicle discounted 23
Delinquencies & Defaults I 2 3 4 5 6 7 Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Months in arrears (%) discounted discounted (%) 2 3 4 5 6 7 8 9 10 11 0 0 0,00% - 0,00% 0-1 259 0,47% 2.392.383,25 0,56% 0-48 780.180,99 211 1.612.202,26 259 2.392.383,25 227 2.229.701,90 26 107.500,29 6 55.181,06 > 1 <= 2 58 0,11% 556.559,37 0,13% 0-15 234.161,48 43 322.397,89 57 547.354,91 1 9.204,46 47 490.148,30 8 27.036,11 3 39.374,96 > 2 <= 3 39 0,07% 354.954,31 0,08% 0-8 120.137,34 31 234.816,97 39 354.954,31 34 338.369,26 5 16.585,05 > 3 <= 4 18 0,03% 148.496,22 0,03% 0-4 55.608,04 14 92.888,18 18 148.496,22 15 139.059,16 2 7.007,54 1 2.429,52 > 4 <= 5 3 0,01% 29.176,20 0,01% 0-1 25.010,53 2 4.165,67 3 29.176,20 2 25.814,63 1 3.361,57 > 5 <= 6 0 0,00% - 0,00% 0 - > 6 <= 7 0 0,00% - 0,00% 0 - > 7 <= 8 0 0,00% - 0,00% 0 - > 8 <= 9 0 0,00% - 0,00% 0 - > 9 <= 10 0 0,00% - 0,00% 0 - > 10 <= 11 0 0,00% - 0,00% 0 - > 11 <= 12 0 0,00% - 0,00% 0 - > 12 0 0,00% - 0,00% 0 - Total 377 0,68% 3.481.569,35 0,81% 0-76 1.215.098,38 301 2.266.470,97 376 3.472.364,89 1 9.204,46 325 3.223.093,25 41 158.128,99 11 100.347,11 10.000.000 Delinquencies & Defaults I - of delinquent 9.000.000 8.000.000 7.000.000 6.000.000 5.000.000 4.000.000 3.000.000 2.000.000 1.000.000 0 Period 1 2 3 4 5 6 7 8 9 10 11 12 >12
Delinquencies & Defaults II Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Months in arrears discounted 2 3 4 5 6 7 8 9 10 11 (%) (%) 10 discounted 11 0 0 0,00% - 0,00% 0-1 0 0,00% - 0,00% 0 - > 1 <= 2 0 0,00% - 0,00% 0 - > 2 <= 3 0 0,00% - 0,00% 0 - > 3 <= 4 0 0,00% - 0,00% 0 - > 4 <= 5 2 0,00% 54.881,65 0,01% 0-2 54.881,65 2 54.881,65 2 54.881,65 > 5 <= 6 0 0,00% - 0,00% 0 - > 6 <= 7 0 0,00% - 0,00% 0 - > 7 <= 8 0 0,00% - 0,00% 0 - > 8 <= 9 0 0,00% - 0,00% 0 - > 9 <= 10 0 0,00% - 0,00% 0 - > 10 <= 11 0 0,00% - 0,00% 0 - > 11 <= 12 0 0,00% - 0,00% 0 - > 12 0 0,00% - 0,00% 0 - Total 2 0,00% 54.881,65 0,01% 0-2 54.881,65 2 54.881,65 2 54.881,65 3.000.000 Delinquencies & Defaults II- of default 2.500.000 2.000.000 1.500.000 1.000.000 500.000 0 Period 1 2 3 4 5 6 7 8 9 10 11 12 >12
Delinquencies & Defaults III Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Months in arrears (%) discounted discounted (%) 2 3 4 5 6 7 8 9 10 11 10 discounted 11 0 0 0,00% - 0,00% 0-1 259 0,47% 2.392.383,25 0,56% 0-48 780.180,99 211 1.612.202,26 259 2.392.383,25 227 2.229.701,90 26 107.500,29 6 55.181,06 > 1 <= 2 58 0,11% 556.559,37 0,13% 0-15 234.161,48 43 322.397,89 57 547.354,91 1 9.204,46 47 490.148,30 8 27.036,11 3 39.374,96 > 2 <= 3 39 0,07% 354.954,31 0,08% 0-8 120.137,34 31 234.816,97 39 354.954,31 34 338.369,26 5 16.585,05 > 3 <= 4 18 0,03% 148.496,22 0,03% 0-4 55.608,04 14 92.888,18 18 148.496,22 15 139.059,16 2 7.007,54 1 2.429,52 > 4 <= 5 5 0,01% 84.057,85 0,02% 0-1 25.010,53 4 59.047,32 5 84.057,85 4 80.696,28 1 3.361,57 > 5 <= 6 0 0,00% - 0,00% 0 - > 6 <= 7 0 0,00% - 0,00% 0 - > 7 <= 8 0 0,00% - 0,00% 0 - > 8 <= 9 0 0,00% - 0,00% 0 - > 9 <= 10 0 0,00% - 0,00% 0 - > 10 <= 11 0 0,00% - 0,00% 0 - > 11 <= 12 0 0,00% - 0,00% 0 - > 12 0 0,00% - 0,00% 0 - Total 379 0,69% 3.536.451,00 0,83% 0-76 1.215.098,38 303 2.321.352,62 378 3.527.246,54 1 9.204,46 327 3.277.974,90 41 158.128,99 11 100.347,11 10.000.000 Delinquencies & Defaults III- of default & delinquent 9.000.000 8.000.000 7.000.000 6.000.000 5.000.000 4.000.000 3.000.000 2.000.000 1.000.000 0 04.2018 05.2018 06.2018 07.2018 08.2018 09.2018 10.2018 11.2018 12.2018 01.2019 02.2019 03.2019 04.2019 05.2019 06.2019 07.2019 08.2019 09.2019 10.2019 11.2019 12.2019 01.2020 02.2020 03.2020 04.2020 05.2020 06.2020 07.2020 08.2020 09.2020 10.2020 11.2020 12.2020 01.2021 02.2021 03.2021 04.2021 05.2021 06.2021 07.2021 08.2021 09.2021 10.2021 11.2021 12.2021 01.2022 02.2022 03.2022 04.2022 05.2022 06.2022 07.2022 08.2022 09.2022 10.2022 11.2022 12.2022 01.2023 02.2023 03.2023 04.2023 05.2023 06.2023 07.2023 08.2023 09.2023 10.2023 11.2023 12.2023 01.2024 02.2024 Period 1 2 3 4 5 6 7 8 9 10 11 12 >12
Defaults & recoveries Defaults & recoveries nominal at date of default at date of default Total Write-Offs Total recoveries Total discount nominal end of reporting period end of reporting period Balloon Credit New - - - - - - - - Used - - - - - - - - Young used - - - - - - - - Subtotal Balloon Credit 0 - - - - - - - Auto Credit New - - - - - - - - Used - - - - - - - - Young used - - - - - - - - Subtotal Auto Credit 0 - - - - - - - Classic Credit New 2 55.061,48 54.881,65 - - - 55.061,48 54.881,65 Used - - - - - - - - Young used - - - - - - - - Subtotal Classic Credit 2 55.061,48 54.881,65 - - - 55.061,48 54.881,65 Total 2 55.061,48 54.881,65 - - - 55.061,48 54.881,65
Write-Offs Write-Offs of the monthly period Spalte1 Spalte2 Spalte3 Type of car Write-Offs Balloon Credit New Used Young used Subtotal 0 - Auto Credit New Used Young used Subtotal 0 - Classic Credit New Used Young used Subtotal 0 - Total 0 - Cumulative Write-Offs as of the end of the monthly period as of Cut-Off-Date Cumulative net loss ratio - 500.044.694,05 0,00000% Current Period Cumulative Write-Offs Monthly period Write-Offs 2 Write-Offs3 04.2018 0-05.2018 0-06.2018 0-07.2018 0-08.2018 0-09.2018 - - - - 10.2018 - - - - 11.2018 - - - - 12.2018 - - - - 01.2019 - - - - 02.2019 - - - - 03.2019 - - - - 04.2019 - - - - 05.2019 - - - - 06.2019 - - - - 07.2019 - - - - 08.2019 - - - - 09.2019 - - - - 10.2019 - - - - 11.2019 - - - - 12.2019 - - - - 01.2020 - - - - 02.2020 - - - - 03.2020 - - - - 04.2020 - - - - 05.2020 - - - - 06.2020 - - - - 07.2020 - - - - 08.2020 - - - - 09.2020 - - - - 10.2020 - - - - 11.2020 - - - - 12.2020 - - - - 01.2021 - - - - 02.2021 - - - - 03.2021 - - - - 04.2021 - - - - 05.2021 - - - - 06.2021 - - - - 07.2021 - - - - 08.2021 - - - - 09.2021 - - - - 10.2021 - - - - 11.2021 - - - - 12.2021 - - - - 01.2022 - - - - 02.2022 - - - - 03.2022 - - - - 04.2022 - - - - 05.2022 - - - - 06.2022 - - - - 07.2022 - - - - 08.2022 - - - - 09.2022 - - - - 10.2022 - - - - 11.2022 - - - - 12.2022 - - - - Total 0 -
Prepayments Reporting period Unscheduled payments Discounted as of previous period* Periodic CPR Annualised CPR Poolcut 0,00 0,00 0,000% 0,000% 31.05.2018 1.524.724,27 500.044.694,05 0,305% 3,598% 30.06.2018 1.961.612,38 480.982.010,02 0,408% 4,786% 31.07.2018 2.022.369,62 462.623.969,11 0,437% 5,122% 31.08.2018 1.652.071,03 444.797.445,52 0,371% 4,367% The annualised constant prepayment rate (CPR) of the underlying receivables based upon the most recent periodic CPR. The periodic CPR is equal to the total unscheduled principal received in the most recent period divided by the start of period principal. This is then annualised a follows: 1-((1-Periodic CPR)^number of periods in a year) *Discounted as of Previous period deducted by Previous period's of written-off
Pool data I Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Percentage of Percentage of discounted discounted discounted discounted Distribution by payment type outstanding discounted discounted discounted discounted 2 4 5 6 8 9 10 11 10 3 7 11 Direct borrower account debit 54.252 98,26% 421.991.404,91 98,59% 3 27.575,04 8.660 130.501.334,15 45.589 291.462.495,72 54.248 421.961.440,02 4 29.964,89 48.444 390.804.063,04 4.438 20.491.610,34 1.370 10.695.731,53 Other 959 1,74% 6.018.371,82 1,41% 0-79 1.054.848,41 880 4.963.523,41 959 6.018.371,82 829 5.481.509,87 109 364.699,46 21 172.162,49 Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Distribution by contract concentration * Percentage of Percentage of outstanding discounted discounted 1 54.742 99,15% 423.995.615,53 99,06% 3 27.575,04 8.691 130.841.452,24 46.048 293.126.588,25 54.738 423.965.650,64 4 29.964,89 48.838 392.428.465,66 4.520 20.764.363,89 1.384 10.802.785,98 2 424 0,77% 3.680.497,19 0,86% 0-45 689.846,57 379 2.990.650,62 424 3.680.497,19 394 3.538.335,32 23 77.053,83 7 65.108,04 0,06% 0-3 24.883,75 27 232.633,32 30 257.517,07 30 257.517,07 3 30 0,05% 257.517,07 4 4 0,01% 14.892,08 0,00% 0-4 14.892,08 4 14.892,08 4 14.892,08 0,01% 0-5 41.786,19 5 41.786,19 5 41.786,19 5 5 0,01% 41.786,19 6-10 6 0,01% 19.468,67 0,00% 0-6 19.468,67 6 19.468,67 6 19.468,67 0,00% 0 - > 10 0 0,00% - Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Distribution by largest customer * Percentage of * Percentage of outstanding discounted Balloon Credit discounted 1 1 0,00% 65.526,76 0,02% 0-1 65.526,76 1 65.526,76 1 65.526,76 2 1 0,00% 61.062,07 0,01% 0-1 61.062,07 1 61.062,07 1 61.062,07 0,01% 0-1 58.244,48 1 58.244,48 1 58.244,48 3 1 0,00% 58.244,48 4 1 0,00% 56.865,28 0,01% 0-1 56.865,28 1 56.865,28 1 56.865,28 0,01% 0-2 55.756,31 2 55.756,31 2 55.756,31 5 2 0,00% 55.756,31 6 1 0,00% 54.204,44 0,01% 0-1 54.204,44 1 54.204,44 1 54.204,44 0,01% 0-1 53.691,25 1 53.691,25 1 53.691,25 7 1 0,00% 53.691,25 8 1 0,00% 52.902,65 0,01% 0-1 52.902,65 1 52.902,65 1 52.902,65 0,01% 0-1 51.774,61 1 51.774,61 1 51.774,61 9 1 0,00% 51.774,61 10 1 0,00% 51.264,55 0,01% 0-1 51.264,55 1 51.264,55 1 51.264,55 0,01% 0-2 51.085,84 2 51.085,84 2 51.085,84 11 2 0,00% 51.085,84 12 1 0,00% 50.265,73 0,01% 0-1 50.265,73 1 50.265,73 1 50.265,73 0,01% 0-3 50.222,06 3 50.222,06 3 50.222,06 13 3 0,01% 50.222,06 14 1 0,00% 50.186,60 0,01% 0-1 50.186,60 1 50.186,60 1 50.186,60 0,01% 0-2 49.663,84 2 49.663,84 2 49.663,84 15 2 0,00% 49.663,84 16 1 0,00% 49.592,51 0,01% 0-1 49.592,51 1 49.592,51 1 49.592,51 0,01% 0-2 49.466,71 2 49.466,71 2 49.466,71 17 2 0,00% 49.466,71 18 1 0,00% 49.239,25 0,01% 0-1 49.239,25 1 49.239,25 1 49.239,25 0,01% 0-1 48.942,79 1 48.942,79 1 48.942,79 19 1 0,00% 48.942,79 20 1 0,00% 48.875,05 0,01% 0-1 48.875,05 1 48.875,05 1 48.875,05 Total 26 0,05% 1.058.832,78 0,25% - - 9 428.379,81 17 630.452,97 26 1.058.832,78 - - 26 1.058.832,78 - - - - Auto Credit Classic Credit Retail Corporate discounted discounted New Used Young used discounted discounted discounted Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used discounted 4 5 6 7 8 9 10 11 12 13 14 15 16 17
Pool data II Distribution by outstanding discounted Percentage of Percentage of 0,01-5.000,00 22.966 41,60% 57.609.214,50 13,46% 0-83 388.347,44 22.883 57.220.867,06 22.965 57.605.237,87 1 3.976,63 19.568 48.881.484,13 2.804 7.152.257,79 594 1.575.472,58 5.000,01-10.000,00 16.867 30,55% 121.426.569,61 28,37% 2 13.820,89 2.199 17.443.469,78 14.666 103.969.278,94 16.865 121.412.347,83 2 14.221,78 15.025 108.552.313,56 1.445 10.025.862,39 397 2.848.393,66 10.000,01-15.000,0 7.904 14,32% 96.361.623,96 22,51% 1 13.754,15 2.542 31.268.147,86 5.361 65.079.721,95 7.903 96.349.857,48 1 11.766,48 7.447 90.958.085,32 265 3.113.774,17 192 2.289.764,47 15.000,01-20.000,0 4.395 7,96% 76.119.687,24 17,78% 0-2.066 36.187.956,20 2.329 39.931.731,04 4.395 76.119.687,24 4.246 73.564.013,99 29 477.885,97 120 2.077.787,28 20.000,01-25.000,0 2.005 3,63% 44.275.244,69 10,34% 0-1.189 26.319.507,60 816 17.955.737,09 2.005 44.275.244,69 1.929 42.600.421,81 4 86.529,48 72 1.588.293,40 25.000,01-30.000,0 706 1,28% 19.040.121,29 4,45% 0-433 11.708.652,65 273 7.331.468,64 706 19.040.121,29 697 18.797.675,17 9 242.446,12 30.000,01-35.000,0 205 0,37% 6.542.987,87 1,53% 0-118 3.790.370,81 87 2.752.617,06 205 6.542.987,87 201 6.414.887,00 4 128.100,87 35.000,01-40.000,0 91 0,16% 3.380.741,60 0,79% 0-56 2.096.566,12 35 1.284.175,48 91 3.380.741,60 89 3.305.118,53 2 75.623,07 40.000,01-45.000,0 45 0,08% 1.888.820,77 0,44% 0-37 1.555.657,48 8 333.163,29 45 1.888.820,77 44 1.846.808,20 1 42.012,57 45.000,01-50.000,0 16 0,03% 758.776,78 0,18% 0-10 468.029,90 6 290.746,88 16 758.776,78 16 758.776,78 > 50.000,00 11 0,02% 605.988,42 0,14% 0-6 329.476,72 5 276.511,70 11 605.988,42 11 605.988,42 Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Statistics outstanding Minimum outstanding 15,33 Maximum outstanding 65.526,76 Average outstanding 7.752,26 Classic Credit Corporate New Used Balloon Credit Auto Credit Retail Young used Percentage of Distribution by original Percentage of outstanding discounted 13,11% 0,01-5.000,00 22.666 41,05% 56.118.588,30 75 348.516,25 22.591 55.770.072,05 22.665 56.114.611,67 1 3.976,63 19.317 47.633.908,07 2.765 6.958.791,86 584 1.525.888,37 5.000,01-10.000,00 16.738 30,32% 118.671.914,90 27,73% 2 13.820,89 2.100 16.423.960,98 14.636 102.234.133,03 16.736 118.657.693,12 2 14.221,78 14.881 105.890.654,11 1.463 10.011.653,76 394 2.769.607,03 10.000,01-15.000,0 7.996 14,48% 95.610.385,72 22,34% 1 13.754,15 2.531 30.578.554,43 5.464 65.018.077,14 7.995 95.598.619,24 1 11.766,48 7.518 90.063.291,27 279 3.217.992,51 199 2.329.101,94 15.000,01-20.000,0 4.409 7,99% 74.740.538,86 17,46% 0-2.004 34.380.753,20 2.405 40.359.785,66 4.409 74.740.538,86 4.255 72.150.141,10 35 561.866,41 119 2.028.531,35 20.000,01-25.000,0 2.185 3,96% 47.121.369,90 11,01% 0-1.278 27.627.840,59 907 19.493.529,31 2.185 47.121.369,90 2.106 45.412.899,50 5 106.005,26 74 1.602.465,14 25.000,01-30.000,0 785 1,42% 20.677.042,14 4,83% 0-481 12.683.626,17 304 7.993.415,97 785 20.677.042,14 772 20.339.920,98 13 337.121,16 30.000,01-35.000,0 248 0,45% 7.712.351,57 1,80% 0-145 4.512.739,92 103 3.199.611,65 248 7.712.351,57 244 7.589.118,40 4 123.233,17 35.000,01-40.000,0 97 0,18% 3.512.498,05 0,82% 0-58 2.095.156,61 39 1.417.341,44 97 3.512.498,05 95 3.442.272,38 2 70.225,67 40.000,01-45.000,0 52 0,09% 2.124.991,78 0,50% 0-44 1.796.956,38 8 328.035,40 52 2.124.991,78 50 2.043.271,59 2 81.720,19 45.000,01-50.000,0 21 0,04% 966.332,54 0,23% 0-16 729.362,06 5 236.970,48 21 966.332,54 21 966.332,54 > 50.000,00 14 0,03% 753.762,97 0,18% 0-7 378.715,97 7 375.047,00 14 753.762,97 14 753.762,97 Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Statistics Minimum original 15,58 Maximum original 67.035,00 Average original 7.899,45 Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used
Pool data III Retail Corporate New Used Young used Balloon Credit Auto Credit Classic Credit Percentage of Total number of Percentage of outstanding instalments cotnracts discounted 0,04% 01-12 30 0,05% 151.441,58 30 151.441,58 30 151.441,58 22 128.528,93 7 18.449,74 1 4.462,91 13-24 1.432 2,59% 6.859.453,97 1,60% 0-213 3.015.888,41 1.219 3.843.565,56 1.432 6.859.453,97 1.111 5.965.406,94 269 665.460,10 52 228.586,93 25-36 15.897 28,79% 152.339.146,88 35,59% 0-8.179 119.130.247,91 7.718 33.208.898,97 15.895 152.330.152,93 2 8.993,95 14.148 141.750.794,25 1.175 4.033.794,14 574 6.554.558,49 37-48 20.118 36,44% 124.321.219,29 29,05% 3 27.575,04 347 9.410.046,24 19.768 114.883.598,01 20.116 124.300.248,35 2 20.970,94 18.113 115.485.184,74 1.658 7.159.039,51 347 1.676.995,04 49-60 14.501 26,26% 103.840.427,43 24,26% 0-14.501 103.840.427,43 14.501 103.840.427,43 12.798 93.647.603,95 1.332 8.195.672,05 371 1.997.151,43 61-72 3.229 5,85% 40.472.643,01 9,46% 0-3.229 40.472.643,01 3.229 40.472.643,01 3.077 39.282.609,53 106 783.894,26 46 406.139,22 >72 4 0,01% 25.444,57 0,01% 0-4 25.444,57 4 25.444,57 4 25.444,57 Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Statistics Minimum total number of instalments in months 8 Maximum total number of instalments in months 84 Weighted average total number of instalments in months 48,19 Retail Corporate New Used Young used Balloon Credit Auto Credit Classic Credit Percentage of Remaining number of Percentage of outstanding instalments cotnracts discounted 8,96% 01-12 14.309 25,92% 38.356.503,75 2 13.820,89 1.699 15.957.419,50 12.608 22.385.263,36 14.308 38.351.486,43 1 5.017,32 12.381 34.754.461,76 1.568 2.761.635,22 360 840.406,77 13-24 16.621 30,10% 110.560.026,64 25,83% 0-2.883 42.446.287,17 13.738 68.113.739,47 16.619 110.546.845,55 2 13.181,09 14.789 101.063.944,52 1.413 6.265.759,05 419 3.230.323,07 25-36 15.516 28,10% 161.116.081,99 37,64% 0-3.953 67.070.693,58 11.563 94.045.388,41 15.516 161.116.081,99 14.148 149.787.063,56 936 6.159.949,56 432 5.169.068,87 37-48 6.067 10,99% 76.204.461,14 17,80% 1 13.754,15 204 6.081.782,31 5.862 70.108.924,68 6.066 76.192.694,66 1 11.766,48 5.486 71.129.528,61 472 4.073.197,42 109 1.001.735,11 49-60 2.215 4,01% 33.248.531,95 7,77% 0-2.215 33.248.531,95 2.215 33.248.531,95 2.003 31.240.201,70 145 1.436.908,07 67 571.422,18 61-72 483 0,87% 8.524.171,26 1,99% 0-483 8.524.171,26 483 8.524.171,26 466 8.310.372,76 13 158.860,48 4 54.938,02 >72 0 0,00% - 0,00% 0 - Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Statistics Minimum Remaining number of instalments in months 1 Maximum Remaining number of instalments in months 68 Weighted Average Remaining number of instalments in months 29,32 Balloon Credit Auto Credit Retail Corporate New Used Young used Classic Credit Percentage of Seasoning (number of Percentage of outstanding instalments) cotnracts discounted 0,00% 0 0 0,00% - 01-12 11.232 20,34% 150.486.803,44 35,16% 1 13.754,15 4.418 76.321.820,47 6.813 74.151.228,82 11.231 150.475.036,96 1 11.766,48 10.073 140.143.046,38 703 4.862.365,84 456 5.481.391,22 13-24 18.204 32,97% 162.068.753,14 37,87% 0-2.772 41.119.949,90 15.432 120.948.803,24 18.203 162.064.776,51 1 3.976,63 16.359 150.420.145,01 1.445 8.134.697,36 400 3.513.910,77 25-36 14.390 26,06% 81.582.856,06 19,06% 0-1.530 13.938.433,85 12.860 67.644.422,21 14.388 81.568.634,28 2 14.221,78 12.958 75.847.016,20 1.225 4.700.271,03 207 1.035.568,83 37-48 8.394 15,20% 27.565.412,32 6,44% 2 13.820,89 19 175.978,34 8.373 27.375.613,09 8.394 27.565.412,32 7.286 24.333.550,67 903 2.613.979,47 205 617.882,18 49-60 2.781 5,04% 5.884.162,63 1,37% 0-2.781 5.884.162,63 2.781 5.884.162,63 2.404 5.146.763,28 259 528.190,56 118 209.208,79 61-72 208 0,38% 420.475,73 0,10% 0-208 420.475,73 208 420.475,73 191 393.737,96 12 16.805,54 5 9.932,23 >72 2 0,00% 1.313,41 0,00% 0-2 1.313,41 2 1.313,41 2 1.313,41 Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Statistics Minimum seasoning number of instalments in months 2 Maximum seasoning number of instalments in months 83 Weighted average seasoning number of instalments in months 18,87
Pool data IV Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Percentage of Percentage of outstanding discounted discounted Distribution by brand discounted Volkswagen 34.501 62,49% 266.743.247,41 62,32% 1 5.103,40 8.107 116.715.220,93 26.393 150.022.923,08 34.500 266.731.480,93 1 11.766,48 31.445 248.369.380,07 2.011 9.291.958,81 1.045 9.081.908,53 LCV Volkswagen 2.008 3,64% 16.856.777,14 3,94% 0-12 262.036,00 1.996 16.594.741,14 2.006 16.847.783,19 2 8.993,95 1.912 16.428.606,23 76 329.049,82 20 99.121,09 Audi 7.856 14,23% 76.281.031,87 17,82% 2 22.471,64 414 11.589.630,54 7.440 64.668.929,69 7.856 76.281.031,87 6.512 69.116.527,66 1.159 6.105.633,66 185 1.058.870,55 Seat 4.991 9,04% 28.212.134,29 6,59% 0-4.991 28.212.134,29 4.990 28.202.929,83 1 9.204,46 4.753 27.105.152,05 148 733.778,95 90 373.203,29 Skoda 4.772 8,64% 35.510.165,47 8,30% 0-206 2.989.295,09 4.566 32.520.870,38 4.772 35.510.165,47 4.508 34.303.499,67 213 951.875,24 51 254.790,56 Other 1.083 1,96% 4.406.420,55 1,03% 0-1.083 4.406.420,55 1.083 4.406.420,55 143 962.407,23 940 3.444.013,32 Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 Balloon Credit Auto Credit Classic Credit Retail Corporate New Used Young used Percentage of Distribution by geographic Percentage of outstanding discounted discounted region discounted Piemonte 3.918 7,10% 29.050.292,09 6,79% 0-485 7.445.902,03 3.433 21.604.390,06 3.918 29.050.292,09 3.440 26.443.553,98 362 1.629.778,00 116 976.960,11 Valle d`aosta 143 0,26% 1.137.788,76 0,27% 0-14 237.957,35 129 899.831,41 143 1.137.788,76 128 1.081.221,33 13 47.199,42 2 9.368,01 Lombardia 12.338 22,35% 93.778.433,19 21,91% 0-1.658 26.014.190,46 10.680 67.764.242,73 12.338 93.778.433,19 11.039 86.763.784,42 980 4.706.696,75 319 2.307.952,02 Trentino-Alto Adige 1.205 2,18% 9.425.725,66 2,20% 0-228 3.862.447,72 977 5.563.277,94 1.205 9.425.725,66 1.025 8.542.863,50 140 596.346,32 40 286.515,84 Veneto 5.977 10,83% 46.631.842,32 10,90% 2 13.820,89 912 14.172.494,69 5.063 32.445.526,74 5.976 46.622.637,86 1 9.204,46 5.206 42.662.425,68 639 2.920.446,73 132 1.048.969,91 Friuli-Venezia Giulia 1.279 2,32% 9.239.372,92 2,16% 0-169 2.734.734,91 1.110 6.504.638,01 1.279 9.239.372,92 1.126 8.464.657,25 125 556.572,04 28 218.143,63 Liguria 1.449 2,62% 10.156.038,82 2,37% 0-232 3.477.418,87 1.217 6.678.619,95 1.449 10.156.038,82 1.294 9.397.307,57 126 538.060,10 29 220.671,15 Emilia-Romagna 5.066 9,18% 39.869.101,49 9,31% 1 13.754,15 815 12.828.543,07 4.250 27.026.804,27 5.066 39.869.101,49 4.554 37.011.319,01 394 1.928.090,85 118 929.691,63 Toscana 6.089 11,03% 47.948.607,65 11,20% 0-1.100 16.076.174,22 4.989 31.872.433,43 6.088 47.943.590,33 1 5.017,32 5.551 45.181.640,93 441 1.959.518,17 97 807.448,55 Umbria 1.013 1,83% 8.221.749,05 1,92% 0-176 2.759.971,10 837 5.461.777,95 1.013 8.221.749,05 876 7.463.850,92 94 449.150,62 43 308.747,51 Marche 1.510 2,73% 10.878.685,63 2,54% 0-159 2.361.683,94 1.351 8.517.001,69 1.510 10.878.685,63 1.384 10.183.990,67 95 467.752,09 31 226.942,87 Lazio 4.252 7,70% 33.653.882,42 7,86% 0-1.238 16.495.086,71 3.014 17.158.795,71 4.252 33.653.882,42 3.806 31.215.804,76 291 1.261.762,81 155 1.176.314,85 Abruzzo 809 1,47% 6.266.522,89 1,46% 0-115 1.836.202,35 694 4.430.320,54 809 6.266.522,89 750 6.019.847,51 47 165.476,66 12 81.198,72 Molise 78 0,14% 547.923,03 0,13% 0-5 82.864,19 73 465.058,84 78 547.923,03 65 495.225,01 10 36.744,47 3 15.953,55 Campania 1.929 3,49% 15.644.837,37 3,66% 0-232 3.499.132,08 1.697 12.145.705,29 1.928 15.633.070,89 1 11.766,48 1.747 14.678.534,81 138 614.033,81 44 352.268,75 Puglia 2.140 3,88% 17.154.498,58 4,01% 0-298 4.273.538,39 1.842 12.880.960,19 2.140 17.154.498,58 1.917 15.790.849,77 158 715.435,31 65 648.213,50 Basilicata 361 0,65% 2.773.263,37 0,65% 0-40 605.986,45 321 2.167.276,92 361 2.773.263,37 296 2.439.431,22 43 154.297,13 22 179.535,02 Calabria 1.175 2,13% 9.880.701,60 2,31% 0-172 2.611.714,54 1.003 7.268.987,06 1.174 9.876.724,97 1 3.976,63 972 8.705.904,47 160 764.098,98 43 410.698,15 Sicilia 3.140 5,69% 24.668.617,62 5,76% 0-426 6.559.532,98 2.714 18.109.084,64 3.140 24.668.617,62 2.872 23.260.239,33 214 980.092,04 54 428.286,25 Sardegna 1.340 2,43% 11.081.892,27 2,59% 0-265 3.620.606,51 1.075 7.461.285,76 1.340 11.081.892,27 1.225 10.483.120,77 77 364.757,50 38 234.014,00 Foreign countries (*) 0 0,00% - 0,00% 0 - Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 (*) Customers who changed their residence after Cut-Off date
Pool data V Distribution by brand & model Model Percentage of Percentage of outstanding Balloon Credit Auto Credit Retail Corporate New Used Classic Credit 2 3 2 Audi A1 1.566 2,84% 9.730.058,11 2,27% 0-36 634.270,08 1.530 9.095.788,03 1.566 9.730.058,11 1.216 7.977.953,04 293 1.490.097,21 57 262.007,86 3 A3 2.817 5,10% 22.944.421,05 5,36% 2 22.471,64 91 2.034.500,08 2.724 20.887.449,33 2.817 22.944.421,05 2.374 20.503.762,37 380 2.074.328,99 63 366.329,69 A4 777 1,41% 8.457.879,85 1,98% 0-54 1.799.826,73 723 6.658.053,12 777 8.457.879,85 535 7.270.773,15 221 1.050.884,81 21 136.221,89 A5 141 0,26% 1.680.328,70 0,39% 0-7 259.689,98 134 1.420.638,72 141 1.680.328,70 89 1.422.394,12 51 256.055,68 1 1.878,90 A6 202 0,37% 3.064.153,32 0,72% 0-12 480.795,11 190 2.583.358,21 202 3.064.153,32 157 2.854.284,66 44 208.021,69 1 1.846,97 A7 8 0,01% 103.392,97 0,02% 0-8 103.392,97 8 103.392,97 2 59.508,02 6 43.884,95 A8 2 0,00% 42.803,11 0,01% 0-2 42.803,11 2 42.803,11 1 36.737,91 1 6.065,20 Q2 509 0,92% 7.959.181,99 1,86% 0-87 2.152.976,11 422 5.806.205,88 509 7.959.181,99 502 7.894.852,26 4 35.908,51 3 28.421,22 Q3 1.352 2,45% 14.469.481,07 3,38% 0-65 1.711.176,86 1.287 12.758.304,21 1.352 14.469.481,07 1.238 13.716.242,29 85 534.780,62 29 218.458,16 Q5 404 0,73% 6.668.462,02 1,56% 0-55 2.227.364,38 349 4.441.097,64 404 6.668.462,02 335 6.315.019,52 64 339.557,75 5 13.884,75 Q7 21 0,04% 467.747,36 0,11% 0-2 106.084,41 19 361.662,95 21 467.747,36 21 467.747,36 TT 57 0,10% 693.122,32 0,16% 0-5 182.946,80 52 510.175,52 57 693.122,32 42 597.252,96 10 66.048,25 5 29.821,11 Sub-Total Audi 7.856 14,23% 76.281.031,87 17,82% 2 22.471,64 414 11.589.630,54 7.440 64.668.929,69 7.856 76.281.031,87 - - 6.512 69.116.527,66 1.159 6.105.633,66 185 1.058.870,55 Seat Alhambra 72 0,13% 818.668,65 0,19% 0-72 818.668,65 72 818.668,65 61 746.061,70 10 68.632,52 1 3.974,43 Altea 106 0,19% 378.198,55 0,09% 0-106 378.198,55 106 378.198,55 91 333.120,57 8 25.450,77 7 19.627,21 Altea Freetrack 0 0,00% - 0,00% 0 - Arona 69 0,12% 905.473,52 0,21% 0-69 905.473,52 69 905.473,52 68 893.081,60 1 12.391,92 Ateca 413 0,75% 4.902.916,63 1,15% 0-413 4.902.916,63 413 4.902.916,63 406 4.842.418,53 3 41.722,19 4 18.775,91 Exeo 4 0,01% 11.246,55 0,00% 0-4 11.246,55 4 11.246,55 4 11.246,55 Ibiza 2.253 4,08% 9.832.410,78 2,30% 0-2.253 9.832.410,78 2.253 9.832.410,78 2.186 9.526.897,04 40 189.318,00 27 116.195,74 Leon 1.220 2,21% 8.452.201,56 1,97% 0-1.220 8.452.201,56 1.219 8.442.997,10 1 9.204,46 1.133 8.023.591,81 52 277.099,51 35 151.510,24 Mii 841 1,52% 2.876.688,65 0,67% 0-841 2.876.688,65 841 2.876.688,65 799 2.714.327,73 28 112.801,63 14 49.559,29 Toledo 13 0,02% 34.329,40 0,01% 0-13 34.329,40 13 34.329,40 9 25.653,07 3 7.507,78 1 1.168,55 Sub-Total Seat 4.991 9,04% 28.212.134,29 6,59% - - - - 4.991 28.212.134,29 4.990 28.202.929,83 1 9.204,46 4.753 27.105.152,05 148 733.778,95 90 373.203,29 Skoda Citigo 397 0,72% 1.848.323,86 0,43% 0-7 70.599,75 390 1.777.724,11 397 1.848.323,86 365 1.737.025,18 26 79.493,01 6 31.805,67 Fabia 1.926 3,49% 11.811.983,67 2,76% 0-58 570.886,76 1.868 11.241.096,91 1.926 11.811.983,67 1.877 11.567.493,41 30 155.675,55 19 88.814,71 Karoq 19 0,03% 335.198,47 0,08% 0-7 146.062,78 12 189.135,69 19 335.198,47 19 335.198,47 Kodiaq 132 0,24% 2.337.981,48 0,55% 0-25 579.545,65 107 1.758.435,83 132 2.337.981,48 131 2.334.252,14 1 3.729,34 Octavia 1.425 2,58% 12.685.940,40 2,96% 0-65 1.005.861,00 1.360 11.680.079,40 1.425 12.685.940,40 1.360 12.357.001,48 54 255.234,19 11 73.704,73 Rapid 190 0,34% 1.303.399,73 0,30% 0-7 88.715,44 183 1.214.684,29 190 1.303.399,73 160 1.171.998,08 27 122.871,33 3 8.530,32 Roomster 59 0,11% 159.289,65 0,04% 0-59 159.289,65 59 159.289,65 52 127.753,02 5 20.492,24 2 11.044,39 Superb 127 0,23% 1.503.454,67 0,35% 0-7 154.787,39 120 1.348.667,28 127 1.503.454,67 115 1.444.282,21 9 41.974,46 3 17.198,00 Yeti 497 0,90% 3.524.593,54 0,82% 0-30 372.836,32 467 3.151.757,22 497 3.524.593,54 429 3.228.495,68 62 276.134,46 6 19.963,40 Sub-Total Skoda 4.772 8,64% 35.510.165,47 8,30% - - 206 2.989.295,09 4.566 32.520.870,38 4.772 35.510.165,47 - - 4.508 34.303.499,67 213 951.875,24 51 254.790,56 VW Arteon 3 0,01% 80.259,50 0,02% 0-3 80.259,50 3 80.259,50 3 80.259,50 Beetle 223 0,40% 1.856.483,30 0,43% 0-44 710.587,79 179 1.145.895,51 223 1.856.483,30 182 1.600.743,57 22 111.195,70 19 144.544,03 Eos 2 0,00% 3.396,16 0,00% 0-2 3.396,16 2 3.396,16 2 3.396,16 Fox 1 0,00% 1.890,07 0,00% 0-1 1.890,07 1 1.890,07 1 1.890,07 Golf 9.626 17,43% 81.809.418,01 19,11% 0-2.314 38.425.554,23 7.312 43.383.863,78 9.626 81.809.418,01 8.573 74.719.132,05 694 3.395.961,08 359 3.694.324,88 Golf Sportsvan 622 1,13% 3.475.075,13 0,81% 0-68 915.049,17 554 2.560.025,96 622 3.475.075,13 545 2.962.260,34 55 342.280,40 22 170.534,39 Jetta 0 0,00% - 0,00% 0 - Passat 697 1,26% 7.403.906,61 1,73% 0-105 2.361.318,07 592 5.042.588,54 697 7.403.906,61 545 6.506.778,45 132 623.270,70 20 273.857,46 Phaeton 1 0,00% 11.862,98 0,00% 0-1 11.862,98 1 11.862,98 1 11.862,98 Polo 13.017 23,58% 77.005.836,37 17,99% 1 5.103,40 3.021 31.876.204,90 9.995 45.124.528,07 13.017 77.005.836,37 12.096 72.021.467,83 569 2.444.738,26 352 2.539.630,28 Scirocco 8 0,01% 37.569,10 0,01% 0-8 37.569,10 8 37.569,10 6 34.375,64 2 3.193,46 Sharan 92 0,17% 929.873,17 0,22% 0-7 165.683,91 85 764.189,26 92 929.873,17 72 785.663,93 15 64.174,11 5 80.035,13 T-Roc 253 0,46% 4.798.722,14 1,12% 0-172 3.658.181,87 81 1.140.540,27 253 4.798.722,14 253 4.798.722,14 Tiguan 4.479 8,11% 59.239.589,74 13,84% 0-1.278 28.325.675,22 3.201 30.913.914,52 4.478 59.227.823,26 1 11.766,48 4.274 57.746.275,27 132 618.018,05 73 875.296,42 Touareg 58 0,11% 943.261,82 0,22% 0-7 244.002,95 51 699.258,87 58 943.261,82 49 820.966,40 7 46.672,35 2 75.623,07 Touran 558 1,01% 5.443.180,38 1,27% 0-95 1.807.318,32 463 3.635.862,06 558 5.443.180,38 448 4.686.537,36 88 478.685,23 22 277.957,79 Up! 4.861 8,80% 23.702.922,93 5,54% 0-996 8.225.644,50 3.865 15.477.278,43 4.861 23.702.922,93 4.405 21.640.573,23 287 1.115.438,08 169 946.911,62 Sub-Total VW 34.501 62,49% 266.743.247 62,32% 1 5.103 8.107 116.715.221 26.393 150.022.923 34.500 266.731.481 1 11.766 31.445 248.369.380 2.011 9.291.959 1.045 9.081.909 VW LCV Amarok 70 0,13% 747.937,36 0,17% 0-70 747.937,36 70 747.937,36 64 718.248,81 5 24.040,53 1 5.648,02 Caddy 1.151 2,08% 8.195.241,05 1,91% 0-9 160.777,69 1.142 8.034.463,36 1.149 8.186.247,10 2 8.993,95 1.096 7.968.907,97 42 168.749,63 13 57.583,45 California 69 0,12% 533.588,67 0,12% 0-69 533.588,67 69 533.588,67 68 521.766,63 1 11.822,04 Caravelle 161 0,29% 1.714.448,58 0,40% 0-161 1.714.448,58 161 1.714.448,58 153 1.663.759,27 8 50.689,31 Crafter 152 0,28% 1.652.318,90 0,39% 0-152 1.652.318,90 152 1.652.318,90 140 1.605.582,72 9 36.827,19 3 9.908,99 Multivan 51 0,09% 612.317,12 0,14% 0-3 101.258,31 48 511.058,81 51 612.317,12 48 590.014,60 2 17.537,17 1 4.765,35 Transporter 354 0,64% 3.400.925,46 0,79% 0-354 3.400.925,46 354 3.400.925,46 343 3.360.326,23 10 31.205,99 1 9.393,24 Sub-Total LCV 2.008 3,64% 16.856.777,14 3,94% - - 12 262.036,00 1.996 16.594.741,14 2.006 16.847.783,19 2 8.993,95 1.912 16.428.606,23 76 329.049,82 20 99.121,09 Other brands 1.083 1,96% 4.406.420,55 1,03% - - - - 1.083 4.406.420,55 1.083 4.406.420,55 - - 143 962.407,23 940 3.444.013,32 - - Total 55.211 100,00% 428.009.776,73 100,00% 3 27.575,04 8.739 131.556.182,56 46.469 296.426.019,13 55.207 427.979.811,84 4 29.964,89 49.273 396.285.572,91 4.547 20.856.309,80 1.391 10.867.894,02 4 5 6 7 8 9 10 discounted 11 x Young used p