Following payment dates: 25.1.213 25.11.213 Cover Sheet Monthly Investor Report Monthly Period Aug 213 Index Page 1 Portfolio Information 1 2 Amount Due for Distribution 2 3 Reserve Accounts 3 4 Performance Data 4 5 Outstanding Notes 5 6 Counterparty Ratings, Trigger Levels and Consequences 6 7 Original Principal Balance 7 7 Original PB (Graph) 8 8 a Outstanding principal Balance 9 8 b Outstanding PB (Graph) 1 9 a Geographical Distribution 11 9 b Geographical (Graph) 12 1 a Interest Rate 13 1 b Interest Rate (Graph) 14 11 a Remaining Terms 15 11 b Remaining Terms (Graph) 16 12 a Seasoning 17 12 b Seasoning (Graph) 18 13 a Vehicle Type 19 13 b Vehicle Type (Graph) 2 14 a Hybrid loans as % of other loans 21 14 b Hybrid loans as % of other loans (Graph) 22 15 a Loans per borrower 23 15 b Loans per borrower (Graph) 24 16 a Amortization Profile 25 16 b Amortization Profile (Graph) 26 17 a Payment Holidays 27 17 b Payment Holidays (Graph) 28 18 Defaults, Recoveries and Losses by Quarter of Default 29 19 Priority of Payments 3 2 Transaction Costs 31 21 Swap Counterparty Data 32 22 Contact Details 33
1. Portfolio Information Monthly Period Aug 213 Current Period Previous Period Aggregated Outstanding Aggregated Outstanding Outstanding receivables Principal Amount Principal Amount Opening balance 2 578 3 133, NOK 2 711 328 122, NOK Scheduled Loan Principal Repayments 47 863 884, NOK 55 354 273, NOK Prepayments 57 79 53, NOK 75 18 118, NOK Deemed Collections - Other - NOK - NOK Deemed Collections - CPI Single Premium Cancellations 348 13, NOK 251 74, NOK Total Principal Payments Received 16 2 544, NOK 13 714 95, NOK - New Defaulted Auto Loans in Period 2 987 125, NOK 3 356 62, NOK Total New Defaults 2 987 125, NOK 3 356 62, NOK Capitalised Interest (due to Repayment Holidays) 717 462, NOK 745 168, NOK Closing Balance 2 469 73 926, NOK 2 578 3 133, NOK Cumulative Capitalised Interest (Amount) Open 22 38 57, NOK 21 293 339, NOK New 717 462, NOK 745 168, NOK Close 22 755 969, NOK 22 38 57, NOK Total revenue collections Revenue and fees received on loan balances 15 26 736, NOK 17 451 492, NOK Recoveries on loans in default 1 727 19, NOK 1 47 631, NOK Total Revenue Received in Period 16 933 755, NOK 18 499 123, NOK # Loans At beginning of period 2 83 Loans 2 758 Loans Paid in Full 524 Loans 648 Loans Repurchased (Deemed Collections) - Loans - Loans New loans into default 29 Loans 27 Loans At end of period 19 53 Loans 2 83 Loans Weighted Average Loan Return 7,33 % Average NIBOR + Weighted Average Loan Threshold 4,62 %
2. Amount Due for Distribution Monthly Period Aug 213 Available Distribution Amount Current Period Previous Period a. Reserve Fund 77 34 13,8 NOK 81 339 775,8 NOK b. Collections (Principal, interest, fees, etc) 122 936 299, NOK 149 213 218, NOK c. Swap Counterparty payment to the Issuer, NOK, NOK d. Stamp Duty, Taxes, Liabilities, etc Paid by the Seller to the Issuer, NOK, NOK e. Default Interest, Indemnities, etc Paid by the Seller to the Issuer, NOK, NOK f. Other Amounts Paid by the Seller to the Issuer, NOK, NOK g. Interest/Investment Return Earned and Paid by the Seller or the Collections Account Bank to the Issuer 516 985,84 NOK 511 23,46 NOK h. Drawings Under Liquidity Facility, NOK, NOK i. Released from Commingling Reserve, NOK, NOK j. Released from CPI Reserve 2 23 377, NOK 2 94 391, NOK Total Amount for Distribution (Pre-Enforcement Waterfall) 22 816 792,64 NOK 233 158 588,26 NOK
3. Reserve Accounts Monthly Period Aug 213 Note Balance Beginning of Period 2 578 3 133, NOK End of Period 2 469 73 926, NOK Reserve Fund in % Beginning of Period 3, % 77 34 13,8 NOK Cash Outflow 74 91 93,9 NOK Cash Inflow 74 91 93,9 NOK End of Period 3, % 77 34 13,8 NOK Required Reserve Amount 2,9 % 74 91 93,9 NOK Commingling Reserve Beginning of Period 159 87 2,67 NOK Cash Outflow 8 21 819,83 NOK Drawings from Commingling Reserve - NOK Cash Inflow - NOK End of Period 151 596 182,83 NOK Required Commingling Reserve Fund 151 596 182,83 NOK CPI Reserve Beginning of Period 42 773 849, NOK Cash Outflow (to Servicer) 2 23 377, NOK Drawings - NOK Cash Inflow (from Servicer) - NOK End of Period 4 75 472, NOK Required CPI Reserve Fund 4 75 472, NOK Set-off from Deposits No borrowers whose loans were sold to Bilkreditt 2 held deposits with. The risk of set-off from deposits is therefore zero.
4. Performance Data Monthly Period Aug 213 Note Balance Beginning of Period 2 578 3 133, NOK End of Period 2 469 73 926, NOK Portfolio Performance: NOK % # loans Performing Receivables: Current 2 239 983 789, 9,7 % 17 745 1-29 days past due 173 756 996, 7,4 % 1 3 Delinquent Receivables: 3-59 days past due 35 548 87, 1,44 % 299 6-89 days past due 1 326 465,,42 % 85 9-119 days past due 2 998 53,,12 % 36 12-149 days past due 3 82 726,,15 % 36 15-179 days past due 3 296 81,,13 % 29 Total Performing and Delinquent 2 469 73 926, 1, % 19 53 Current Period Defaults 2 987 125, 29 Cumulative Defaults 42 43 252, 384 Current Period Recoveries 1 727 19, Cumulative Recoveries 14 32 889,94
5. Outstanding Notes Monthly Period Aug 213 1. Note Balance All Notes Class A Class B Class B General Note Information ISIN Code XS7672496 NA NA Currency NOK NOK NOK Initial Tranching 1 % 83 % 17 % % Legal Final Maturity Date 25.4.226 25.4.226 25.4.226 Rating (Fitch/Moody's/DBRS) AAAsf/AAA(sf) Not rated Not rated Initial Notes Aggregate Principal Outstanding Balance 5 773 58, NOK 4 77, NOK 1 3, NOK 58, NOK Initial Nominal per Note 1, NOK 1, NOK 1, NOK Initial Number of Notes per Class 6353 477 13 58 Current Note Information Class Principal Outstanding Opening Balance 2 578 4 36, NOK 1 574 424 36, NOK 1 3, NOK 58, NOK Available Distribution Amount 22 816 792,64 NOK Amortisation 18 274 23, NOK Redemption per Class 18 274 23, NOK 18 274 23, NOK, NOK kr, NOK Redemption per Note 22 699, NOK, NOK kr, NOK Class Principal Outstanding Closing Balance 2 469 73 13, NOK 1 466 15 13, NOK 1 3, NOK 58, NOK Current Tranching 59,36 % 4,61 %,2 % Current Pool Factor,31 1, 1, 2. Payments to Investors per Note All Notes Class A-1 Class B Class B Interest Rate Basis: 1-M NIBOR / Spread 1,63 % 1,5 % 1,15 % 1,15 % Day Count Convention (ACT/36) (ACT/36) (ACT/36) Interest Days 29 Principal Outstanding per Note Beginning of Period 33 68, NOK 1, NOK 1, NOK >Principal Repayment per note 22 699, NOK - NOK - NOK Principal Outstanding per Note End of Period 37 369, NOK 1, NOK 1, NOK >Interest accrued for the period 713, NOK 2 239, NOK 2, NOK Interest Payment 5 647 887, 3 41 1, NOK 2 245 717, NOK 1 16, NOK Interest Payment per Note 713, NOK 2 239, NOK 2, NOK 3. Credit Enhancements Initial total CE (Subordination, Reserve) 18,88 % 1,5 % Current CE (incl. Excess Spread) 45,1 % 4,38 % Current CE (excl. Excess Spread) 43,77 % 3,13 %
6. Counterparty Ratings, Trigger Levels and Consequences Monthly Period Aug 213 Interest Periodo 27.8.213 to 25.9.213 = 29 days Short Term Long Term Fitch Moody`s Fitch Moody`s Transaction Role Counterparty Criteria Current Criteria Current Criteria Current Criteria Current Trigger breached? Summary of Contractual Requirements if Rating Trigger Breach Issuer Bilkreditt 2 Limited No rating No rating No rating No rating N/A Seller No rating No rating No rating No rating N/A Servicer No rating No rating No rating No rating N/A The Servicer shall, within 1 business days deposit to the Commingling Reserve Account an amount equal to the Commingling Reserve Required Amount Downgrade 1 F1 Rating Watch Negative F2 P-1 Review for possible Downgrade P-2 A Rating Watch Negative BBB+ Outlook Negative A2 Review for possible Downgrade Baa2 Outlook negative Y [ ] determined by the Servicer as of each Cut-Off Date [ ] as the greater of (a) the actual amount of Collections for the Collection Period ending on that Cut-Off Date and (b) the amount estimated by the Servicer in good faith as the highest amount of Collections expected to be received in any future Collection Period -The Servicer will, within 1 business days, instruct the Collections Account Bank to transfer to the Issuer Collection Account any and all Collections received from time to time in the Seller Collections Account. 1) The Issuer will direct the Debtors to make payments on Purchased Auto Loans to a specified account of Servicer`s Owner Santander Consumer Finance Downgrade 2 N/A F2 N/A P-2 BB+ BBB+ Outlook Negative Ba1 Baa2 Outlook negative N the Issuer [...] at the Collections Account Bank. On each Transfer Date, the Issuer will transfer the amounts on deposit in the Issuer Collections Account to the Transaction Account. 2) Within 1bd, with the assistance of Banco Santander identify a back-up Servicer The Servicer shall, at its own cost, either: (i) within 14 calendar days, obtain from a third party with the Required Ratings a guarantee of the Seller`s obligations under the Auto Portfolio Purchase Agreement to pay to the Issuer a Deemed Collection in the amount of any unpaid portion of the Principal Amount of a CPI F1 Rating watch negative F2 N/A P-2 A Rating watch negative BBB+ Outlook Negative Baa2 Review for Possible Downgrade Baa2 Outlook negative Y Purchased Auto Loan corresponding to CPI Policy premium where the related CPI Policy has been cancelled; or (ii) procure that the Subordinated Loan Provider, within 14 calendar days, makes available to the Issuer an advance by way of deposit to the Transaction Account in an amount determined by the Servicer or Seller, as applicable, as equal to the aggregate of all CPI Deemed Collections that would have been payable by the Seller in the event that, as at the immediately preceding Cut-Off Date, the CPI Policies relating to all oustanding Purchased Auto Loans had been cancelled. Liquidity Facility Provider Banco Santander S.A. F1 Rating watch negative F2 P-1 Review for possible Downgrade P-2 A Rating watch negative BBB+ Outlook Negative A1 Review for possible downgrade Baa2 Outlook negative Y The Liquidity Facility Provider (Banco Santander) shall either a) assign or transfer all its rights, benefits, and obligations to a bank or financial intermediary provided the relevant assignee meets the required conditions, or b) deposit an amount equal to the Available Facility into the Transaction Account by no later than 14 calendar days after the downgrade (Cash Collateral) The Swap Counterparty (Banco Santander) will be obliged within 14 days to post collalteral for its Fitch Rating event I & Moodys first trigger F2 F2 P-2 P-2 A- BBB+ Outlook Negative A3 Baa2 Outlook negative Y obligations in accordance with the CSA and in addition will be obliged, within 3 days, to either (i) obtain a guarantee of it s obligations under the Basis Swap Agreement; (ii) transfer all of its rights and obligations to a third party or (iii) take such other actions as a result of which the Class A Notes will be rated by the RA at the same level Provide collateral in the form of cash or securities or both, in support of its obligations under this Agreement, in accordance with the provisions of the Credit Support Annex (such provision of collateral being a "Fitch Ratings Event II Collateral Cure" for the purposes of Fitch), and, upon the expiry of Issuer Swap Provider Banco Santander S.A. Fitch Rating event II F3 F2 N/A P-2 BBB BBB+ Outlook Negative N/A Baa2 Outlook negative N the relevant period from (and including) the date which such Fitch Ratings Event II occurs to (and including) the 14th calendar day thereafter (the "Rating Event Cure Period") shall be deemed to have elected to effect a Fitch Ratings Event II Collateral Cure (for the purposes of Fitch) unless and until an alternative Rating Event Cure for such Fitch Ratings Event is or has been effected, Fitch Rating event III & Moodys second trigger B F2 Not Prime P-2 BB+ BBB+ Outlook Negative Ba1 Baa2 Outlook negative N Provide a eligible Guarantee, or replace Swap Counterparty If at any time a Raings Downgrade has occured with respect to the Transaction Account Bank, the Issuer will Issuer Bank Deutsche Bank AG F1 Rating Watch Negative F1+ P-1 Review for possible Downgrade P-1 A Rating Watch Negative A+ A2 Review for possible downgrade A2 N be required, within thirty (3) calendar days after Ratings Downgrade, to transfer any amounts credited to the Issuer Secured Accounts, at no cost to the Issuer, to an alternative bank with at least the Required Ratings. The alternative bank will need to (i) enter into a Transaction Account Agreement prior to the transfer and (ii) accede to the Security Trust Deed. Paying Agent and related roles Deutsche Bank AG F1+ P-1 A+ A2 N/A Corporate Service Provider Deutsche International Corporate Services F1+ P-1 A+ A2 N/A Note Trustee and Security Trustee Deutsche Trustee Company Limited F1+ P-1 A+ A2 N/A Within 3 calendar days, the Issuer Collections Account and all of the funds standing to the credit of the Issuer Collections Account are transferred to another bank or banks who meet the Required Ratings (which Collections Bank SEB AB F1 Rating Watch Negative F1 P-1 Review for possible Downgrade P-1 A Rating Watch Negative A+ A1 Review for possible downgrade A1 N bank shall be notified in appointment of the Collections Account Bank shall treminate on the date on which the appointment of the new transaction account bank becomes effective. Upon the transfer of the Issuer Collections Acoount to another bank, the Issuer will procure that the new transaction account bank enters into an agreement substantially in the form of the Issuer Collections Account Agreement and accedes to the Security Trust Deed and the Norwegian Security Agreement.
Original balance 7.a Original Portfolio Principal Balance Monthly Period Aug 213 Average amount - all: 174 724 TOTAL Min Max No Original balance % WA months to maturity WA seasoning 1 49 999 1 65 52 935 458,9 % 39,2 6,1 5 99 999 5 67 361 8 273 6,3 % 5, 7,2 1 149 999 6 632 73 64 295 12,2 % 59, 8,2 15 199 999 5 817 871 614 725 15,1 % 66, 8,6 2 249 999 4 321 843 983 197 14,6 % 7,9 8,6 25 299 999 3 4 722 164 64 12,5 % 74,5 8,6 3 349 999 2 4 566 716 229 9,8 % 76,5 8,5 35 399 999 1 248 42 318 82 7, % 75,3 8,7 4 449 999 845 294 619 491 5,1 % 72,5 9,1 45 499 999 6 228 48 336 3,9 % 71,2 9,3 5 549 999 443 182 36 23 3,2 % 69,7 9,7 55 599 999 272 123 285 569 2,1 % 71,8 9,7 6 > 61 421 244 44 7,3 % 64,7 9,4 Total 33 44 5 773 579 631 1, % 66,3 8,59
Original Principal Balance (NOK) 7.b Original Principal Balance Graph Monthly Period Aug 213 1 9 8 7 6 Original Principal Balance (Total) 5 4 3 2 1 49 999 99 999 149 999 199 999 249 999 299 999 349 999 399 999 449 999 499 999 549 999 599 999 > 1 5 1 15 2 25 3 35 4 45 5 55 6
Outstanding balance 8.a Outstanding Principal Balance Monthly Period Aug 213 Average amount - all: 126 458 TOTAL Min Max No Outstanding balance % of Outstanding balance % of loans WA months to maturity WA seasoning 49 999 4 121 115 248 549 4,67 % 21,1 % 24,7 32,5 5 99 999 5 317 394 245 659 15,96 % 27,22 % 36,3 31,8 1 149 999 4 12 495 72 323 2,5 % 2,54 % 47,4 31,1 15 199 999 2 654 459 634 51 18,61 % 13,59 % 54,1 31,1 2 249 999 1 553 346 346 56 14,2 % 7,95 % 58,9 3,2 25 299 999 833 226 679 622 9,18 % 4,27 % 62,9 29,7 3 349 999 426 137 19 895 5,55 % 2,18 % 65,1 29,9 35 399 999 24 89 398 225 3,62 % 1,23 % 66,5 3,1 4 449 999 133 56 291 488 2,28 %,68 % 67,4 3,5 45 499 999 7 33 1 76 1,34 %,36 % 7,4 29,8 5 549 999 52 27 191 662 1,1 %,27 % 69,1 29,2 55 599 999 37 21 287 548,86 %,19 % 67,3 3,8 6 1 82 68 34 692 2,77 %,42 % 54,1 29,8 Total 19 53 2 469 73 926 1, % 1, % 51,9 3,8
Original Principal Balance (NOK) 8.b Outstanding Principal Balance Graph Monthly Period Aug 213 1:49999 6 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 4 5:549999 55:599999 6: Outstanding Principal Balance (Total) 3 2 1 49 999 99 999 149 999 199 999 249 999 299 999 349 999 399 999 449 999 499 999 549 999 599 999 1 5 1 15 2 25 3 35 4 45 5 55 6
Geographic distribution 9.a Geographical Distribution Monthly Period Aug 213 District code No Outstanding balance % of Outstanding balance % of Loans District WA months to maturity WA seasoning 1:49999 1 1 413 16 214 181 6,49 % 7,24 % ØSTFOLD 51,2 31,6 5:99999 2 2 863 362 64 962 14,68 % 14,66 % AKERSHUS 5,5 31,8 1:149999 3 1 735 234 551 225 9,5 % 8,88 % OSLO 45,3 32, 15:199999 4 751 84 44 449 3,4 % 3,85 % HEDEMARK 5,6 31,1 2:249999 5 721 81 644 458 3,31 % 3,69 % OPPLAND 5, 3,2 25:299999 6 1 453 177 183 36 7,17 % 7,44 % BUSKERUD 49,6 3,9 3:349999 7 1 51 132 65 765 5,35 % 5,38 % VESTFOLD 52,7 31,1 35:399999 8 648 76 47 24 3,8 % 3,32 % TELEMARK 51,4 3,4 4:449999 9 462 54 419 483 2,2 % 2,37 % AUST-AGDER 52,5 3,3 45:499999 1 634 85 644 119 3,47 % 3,25 % VEST-AGDER 51,7 3,3 5:549999 11 1 497 198 827 973 8,5 % 7,67 % ROGALAND 54, 3,5 55:599999 12 1 961 255 22 492 1,33 % 1,4 % HORDALAND 54,5 3,3 6: 14 158 2 231 75,82 %,81 % SOGN OG FJORDANE 52,9 3,2 15 763 12 326 27 4,14 % 3,91 % MØRE OG ROMSDAL 49,2 31,3 TOTAL 16 71 85 891 248 3,48 % 3,64 % SØR-TRØNDELAG 52,1 3,2 17 47 51 936 523 2,1 % 2,8 % NORD-TRØNDELAG 53,1 29,9 18 1 8 146 492 877 5,93 % 5,53 % NORDLAND 57,8 29,6 19 834 112 285 767 4,55 % 4,27 % TROMS 59,6 29,1 2 385 48 124 734 1,95 % 1,97 % FINNMARK 53,8 29,6 21 4 173 184,1 %,2 % SVALBARD 23,6 33,8 Total: 19 53 2 469 73 926 1, % 1, % 51,9 3,8
Oustanding Principal Balance 9.b Geographical Distribution Graph Monthly Period Aug 213 1:49999 5:99999 1:1499994 15:199999 2:249999 25:299999 35 3:349999 35:399999 4:449999 3 45:499999 5:549999 55:599999 6: 25 Geographical Distribution (Total) 2 15 1 5
Interest distribution 1.a Interest Rate Monthly Period Aug 213 Min (>=) Max (<) No Outstanding balance % of total WA months to maturity WA seasoning Outstanding balance <-1% < 1 % 1%-2% 1 % 2 % 1 13 666,1 % 58, 39, 2%-4% 2 % 4 % 97 18 418 49,75 % 23, 32,3 4%-6% 4 % 6 % 2 29 339 38 491 13,74 % 54,6 29,4 6%-8% 6 % 8 % 15 79 2 43 199 282 82,73 % 52,2 3,8 8%-1% 8 % 1 % 39 24 865 388 1,1 % 37,2 55,8 1%-12% 1 % 12 % 6 421 86,2 % 33, 3, 12%-14% 12 % 14 % 14 5 32 518,22 % 36,5 26,2 14%-16% 14 % 16 % 1 59 37 994 312 1,54 % 37,2 29,3 16%-18% 16 % 18 % TOTAL Total 19 53 2 469 73 926 1, % 51,9 3,8
Outstanding Principal Balance 1.b Interest Rate Monthly Period Aug 213 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6: 2 5, 2, 1 5, Interest Rate Levels (Total) 1, 5,, <-1% 1%-2% 2%-4% 4%-6% 6%-8% 8%-1% 1%-12% 12%-14% 14%-16% 16%-18% Interest Rate Level Intervals
Months to maturity 11.a Remaining Terms Monthly Period Aug 213 Min Max No Outstanding balance % WA months to maturity WA seasoning 1-12 13-24 1 12 1 881 13 587 218 4,19 % 7,3 32,8 25-36 13 24 1 768 112 286 43 4,55 % 19,4 35,4 37-48 25 36 5 93 512 255 634 2,74 % 31,6 31, 49-6 37 48 1 989 252 491 213 1,22 % 42,8 33,8 61-72 49 6 4 961 787 795 998 31,9 % 55,6 3, 73-84 61 72 1 664 352 78 198 14,28 % 66,7 29,6 85-96 73 84 385 94 538 734 3,83 % 77,8 31,1 97-18 85 96 896 227 275 951 9,2 % 91,9 29,1 19-12 97 18 81 26 283 82 1,6 % 99,1 27, 121-< 19 12 2 436 117,2 % 113,4 37,3 121 TOTAL Total 19 53 2 469 73 926 1, % 51,9 3,8
Outstanding Principal Balance 11.b Remaining Terms Monthly Period Aug 213 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6: 9, 8, 7, 6, 5, Remaining Terms (Total) 4, 3, 2, 1,, 1-12 13-24 25-36 37-48 49-6 61-72 73-84 85-96 97-18 19-12 121-< Remaining Terms
Months on book 12.a Seasoning Monthly Period Aug 213 Min Max No Outstanding balance % of Outstanding Balance WA months to maturity WA seasoning -12 12 13-24 13 24 25-36 25 36 17 144 2 229 428 151 9,27 % 53,1 29,2 37-48 37 48 1 471 166 314 264 6,73 % 42, 41,5 49-6 49 6 785 63 464 353 2,57 % 36,9 53,5 61-72 61 72 98 8 52 249,34 % 35,3 66,6 73-84 73 84 3 2 3 99,8 % 37,3 75,7 85-96 85 96 TOTAL Total 19 53 2 469 73 926 1 % 51,9 3,8
Outstanding Principal Balance 12.b Seasoning Monthly Period Aug 213 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6: 2 5, 2, 1 5, Seasoning (Total) 1, 5,, -12 13-24 25-36 37-48 49-6 61-72 73-84 85-96 Months on Book
Vehicle type 13.a Vehicle type Monthly Period Aug 213 TOTAL Min No Outstanding balance % of Outstanding Balance WA months to maturity WA seasoning CommercialLightVehicles 1 613 171 623 926 6,95 % 4,2 32,2 Motorcycles 648 5 448 377 2,4 % 49,9 28,41 Caravan/TrailersTent 984 144 665 855 5,86 % 66,6 27,58 Car/Commercial light vehicles 22 2 935 366,12 % 49,3 33,44 Cars 16 251 2 98 868 436 84,98 % 51,9 3,98 Electric cars 12 1 188 966,5 % 43,7 28,33 19 53 2 469 73 926 1, % 51,9 3,8
Outstanding Principal Balance 13.b Vehicle type Monthly Period Aug 213 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6: 2 5 2 1 5 Vehicle Type 1 5 CommercialLightVehicles Motorcycles Caravan/TrailersTent Car/Commercial light vehicles Cars Electric cars
Hybrid loans in % of portfolio 14.a Hybrid loans Monthly Period Aug 213 TOTAL Min No Outstanding balance % of Outstanding Balance WA months to maturity WA seasoning Hybrid 194 66 625 183 2,7 % 9,7 31,4 Standard 19 336 2 43 15 743 97,3 % 53,1 3,8 Total 19 53 2 469 73 926 1 % 51,9 3,8
14.b Hybrid loans Monthly Period Aug 213 25 75 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6: Hybrid loans in % of portfolio 3 % Hybrid Standard 97 %
# loans per borrower 15.a # loans per borrower Monthly Period Aug 213 Total number of loans Total number of debtors Outstanding balance % 1-12 14 2 3 833 41,16 % 13-24 11 1 2 69 657,8 % 25-36 8 1 543 224,2 % 37-48 7 1 217 469,1 % 49-6 6 2 1 639 59,7 % 61-72 5 4 4 43 749,18 % 73-84 4 5 3 42 4,14 % 85-96 3 25 1 46 99,42 % 97-18 2 236 57 752 48 2,34 % 19-12 1 18877 2 385 39 929 96,59 % 121-< TOTAL Total: 19 154 2 469 73 926 1, %
Outstanding Principal Balance 15.b # loans per borrower Monthly Period Aug 213 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6: 2 18 16 14 12 # loans per borrower 1 8 6 4 2 11 8 7 6 5 4 3 2 1 # loans
Amortization profile (first 2 periods) 16.a Amortization Profile Monthly Period Aug 213 WAL= 2,3168 TOTAL Period Opening Balance Closing Balance Amortization Interest Yield Percentage 1-12 13-24 1 2 469 73 926 2 411 121 637 58 69 289 13 516 31 6,57 % 97,63 % 25-36 2 2 411 121 637 2 352 624 819 58 496 818 13 211 27 6,58 % 95,26 % 37-48 3 2 352 624 819 2 293 459 339 59 165 481 12 882 84 6,57 % 92,86 % 49-6 4 2 293 459 339 2 235 553 821 57 95 517 12 563 712 6,57 % 9,52 % 61-72 5 2 235 553 821 2 179 32 593 56 521 229 12 25 191 6,58 % 88,23 % 73-84 6 2 179 32 593 2 121 436 43 57 596 549 11 93 87 6,57 % 85,9 % 85-96 7 2 121 436 43 2 61 943 35 59 493 8 11 64 348 6,56 % 83,49 % 97-18 8 2 61 943 35 2 5 88 257 56 134 779 11 294 62 6,57 % 81,22 % 19-12 9 2 5 88 257 1 948 976 592 56 831 665 1 982 561 6,57 % 78,91 % 121-< 1 1 948 976 592 1 893 869 177 55 17 414 1 678 426 6,57 % 76,68 % 11 1 893 869 177 1 84 931 534 52 937 643 1 385 251 6,58 % 74,54 % 12 1 84 931 534 1 789 513 23 51 418 331 1 1 25 6,58 % 72,46 % 13 1 789 513 23 1 739 521 77 49 992 127 9 822 584 6,59 % 7,43 % 14 1 739 521 77 1 686 94 519 52 616 557 9 529 883 6,57 % 68,3 % 15 1 686 94 519 1 637 678 71 49 225 818 9 255 371 6,58 % 66,31 % 16 1 637 678 71 1 588 41 453 49 268 248 8 982 14 6,58 % 64,32 % 17 1 588 41 453 1 539 123 674 49 286 779 8 77 711 6,58 % 62,32 % 18 1 539 123 674 1 49 183 291 48 94 384 8 433 972 6,58 % 6,34 % 19 1 49 183 291 1 441 519 278 48 664 13 8 162 849 6,57 % 58,37 % 2 1 441 519 278 1 393 175 443 48 343 835 7 892 793 6,57 % 56,41 %
1 3 5 7 9 11 13 15 17 19 21 23 25 27 29 31 33 35 37 39 41 43 45 47 49 51 53 55 57 59 61 63 65 67 69 71 73 75 77 79 81 83 85 87 89 91 93 95 97 99 Amount Outstanding 16.b Amortization Profile Monthly Period Aug 213 3 5 Amortization Profile 3 2 5 2 Closing balance EOP 1 5 1 5 Period 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6:
Paymet Holiday 17.a Payment Holidays Monthly Period Aug 213 TOTAL Period No Number of periods granted Sum of Payments 2111 379 68 2 517 438 21111 656 972 3 546 156 21112 852 1 319 4 751 32 2121 741 1 329 4 977 324 2122 643 996 3 785 586 2123 77 991 3 66 737 2124 475 653 2 549 22 2125 529 772 3 47 167 2126 43 628 2 516 158 2127 41 535 2 96 799 2128 333 443 1 636 782 2129 247 319 1 263 34 2121 275 425 1 575 3 21211 553 815 2 884 617 21212 677 1 1 3 663 12 2131 665 1 162 4 544 454 2132 482 784 2 868 788 2133 531 741 2 854 671 2134 354 486 1 814 917 2135 342 475 1 859 59 2136 279 47 1 57 44 2137 341 465 1 84 263 2138 266 351 1 328 593 Total: 1 91 16 335 61 733 19
# periods granted 17.b Payment Holidays Monthly Period Aug 213 1:49999 5:99999 1:149999 15:199999 2:249999 25:299999 3:349999 35:399999 4:449999 45:499999 5:549999 55:599999 6: 8 7 6 5 Payment Holidays 4 3 2 1 2121 2122 2123 2124 2125 2126 2127 2128 2129 2121 21211 21212 2131 2132 2133 2134 2135 Period
18. Defaults, Recoveries and Losses by Quarter of Default Monthly Period Aug 213 Recovery Quarter 212 1 212 2 212 3 212 4 213 1 Default Quarter Default Amount No Of Loans Recoveries Cum. Recoveries Loss Recoveries Cum. Recoveries Loss Recoveries Cum. Recoveries Loss Recoveries Cum. Recoveries Loss Recoveries 212 1 53 762 1 54 25 54 25-443 - 54 25-443 - 54 25-443 562 54 767-1 5-54 767-1 5 212 2 5 354 795 51 - - - 275 617 275 617 5 79 178 843 764 1 119 381 4 235 414 773 925 1 893 36 3 461 489 218 791 2 112 97 3 242 698 212 3 8 287 198 6 - - - - - - 372 832 372 832 7 914 366 2 147 437 2 52 269 5 766 929 1 191 964 3 712 233 4 574 965 212 4 6 58 97 63 - - - - - - - - - 77 51 77 51 5 81 46 677 71 1 447 761 5 132 336 213 1 7 416 317 77 - - - - - - - - - - - - 686 44 686 44 6 73 273 213 2 8 367 896 76 - - - - - - - - - - - - - - - 213 3 6 343 187 56 - - - - - - - - - - - - - - - Cum. Recoveries Loss 213 2 213 3 Default Quarter Recoveries Cum. Recoveries Loss Recoveries Cum. Recoveries 212 1-54 767-1 5-54 767-1 5 212 2 318 41 2 43 138 2 924 657 79 87 2 59 945 2 844 85 212 3 274 396 3 986 629 4 3 569 434 188 4 42 817 3 866 381 212 4 598 423 2 46 184 4 533 913 189 783 2 235 967 4 344 13 213 1 963 738 1 649 782 5 766 535 254 97 1 94 689 5 511 628 213 2 943 71 943 71 7 424 825 1 74 527 2 17 598 6 35 298 213 3 - - - 741 438 741 438 5 61 749 Loss
19. Priority of Payments Monthly Period Aug 213 Priority of Payments Available Distribution Amount + 22 816 792,64 NOK Senior Expenses - 1 73 95,21 NOK Net Swap Payments - 4 875 751,27 NOK Interest Notes Class A - 3 41 1, NOK Principal Payments Class A - 18 274 23, NOK Interest Notes Class B - 2 246 877, NOK Principal Payments Class B - - NOK Payments to Reserve Fund - 74 91 93,9 NOK Interest Subordinated Loan - 1 45 89,96 NOK Principal Payments Subordinated Loan - 5 271 63,9 NOK Termination payments to swap counterparties - - NOK Other payments - - NOK Payments to Seller = 2 537 231,4 NOK
2. Transaction Costs Monthly Period Aug 213 Transaction Costs All Notes Class A Class B Senior Expenses 1 73 95,21 NOK Interest accrued for the Period 5 647 887, NOK 3 41 1, NOK 2 246 877, NOK Cumulative Interest accrued 237 966 776, NOK 179 54 64, NOK 58 462 136, NOK Interest Payments 5 647 887, NOK 3 41 1, NOK 2 246 877, NOK Cumulative Interest Payments 237 966 776, NOK 179 54 64, NOK 58 462 136, NOK Interest accrued on Subordinated Loan for the Period 1 45 89,96 NOK Cumulative Interest accrued on Subordinated Loan 32 365 277,28 NOK Interest Payments on Subordinated Loan 1 45 89,96 NOK Cumulative Interest Payments on Subordinated Loan 32 192 844,5 NOK Unpaid Interest for the Period - NOK Cumulative Unpaid Interest 172 433,23 NOK
21. Swap Counterparty Data Monthly Period Aug 213 Swap Counterparty Data Swap Counterparty Provider Banco Santander SA Swap Rating Trigger Breach yes Swap Collateral posted - Based on calculations as of 13th of September 213 Swap Data Swap Type Floating Floating Interest Rate Swap Swap Average Performing Balance 2 523 867 29,5 NOK 1M Nibor (Notes, Swap) 1,63 % Gross Amount Due to Swap Counterparty 14 896 83,39 NOK Gross Amount Due from Swap Counterparty 1 21 79,12 NOK Net Amount Due to Swap Counterparty 4 875 751,27 NOK
22. Contact Details Monthly Period Aug 213 Financial Markets Anders Bruun-Olsen +47 21 8 37 7 anders.bruun.olsen@santanderconsumer.no Priscilla Halverson +47 21 8 37 72 priscilla.halverson@santanderconsumer.no Thomas Aase Johansen +47 918 24 244 thomas.aase.johansen@santanderconsumer.no Risk Morten Christopher Lundin Holme +47 21 8 38 25 morten.holme@santanderconsumer.no