compartment german auto loans 3 reporting date mar 09 ... · pdf...

Monthly Investor Report

Monthly Period

Compartment German Auto Loans 3Payment Date

Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017

Feb 20, 2017 to Mar 20, 2017 = 28 daysFrom

Cover Sheet Monthly Investor Report

Index

1. Contact Information

2. Reporting Contact Details

3. Counterparty History

4. Overview Dates

5. Portfolio information

6. Reserves

7. Performance data

8. Defaulted Amount & Recovery Amount

9. Defaulted Amount & Recovery Amount - Loan Level Data

10. Outstanding Note Balance

11. Original Principal Balance

12. Aggregate Principal Balance

13. Aggregate Outstanding Principal Balance

14. Down Payments

15. Borrower Concentration

16. Geographical Distribution

17. Object Type

18. Delinquencies

19. Seasoning

20. Remaining Term

21. Original Term

22. Vehicle Class

23. Payment Type

24. Interest Rates

25. Credit Type

26. Contracts per Customer

27. Amortisation

28. Priority of Payments

29. Transaction Costs

30. Ratings

31. Swap Counterparties


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Transaction Parties

Luxembourg

Acting in respect of its Compartment German Auto Loans 3

Bavarian Sky S.A.Issuer:

Attn: Valérie Schleimer

[email protected]

+352 26 44 91

L-2453 Luxembourg

Corporate Administrator: Intertrust (Luxembourg) S.à r.l.

6, Rue Eugène Ruppert

+352 26 44 91

[email protected]

L-2453 Luxembourg

Attn: Valérie Schleimer

Luxembourg

BMW Bank GmbHOriginator/Servicer:

Heidemannstrasse 164

80939 Munich

Germany

+49-89-382-13846

[email protected]

Anne Schoen

+49-89-382-53070

[email protected]

Michael Dalchow


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Transaction Parties

Elavon Financial Services Limited, UK Branch

125 Old Broad Street, Fifth Floor

[email protected] / [email protected]

United Kingdom

Attn: Eseobong Ekpo/ Bipin Samji

EC2N 1AR London

Calculation Agent/Paying Agent/

Interest Determination Agent:

Trustee: U.S. Bank Trustees Limited

125 Old Broad Street 5th Floor

United Kingdom

+44 207 330 2144

[email protected]; [email protected]

EC2N 1AR London

Attn: Structured Finance Relationship Management



United Kingdom

EC2N 1AR London


Elavon Financial Services Limited, UK BranchIssuer Account Bank:

Data Trustee: Intertrust Trustees Limited

35 Great St. Helen's

United Kingdom

+44 20 73986300

[email protected]

Attn: The Directors

EC3A 6AP London


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Transaction Parties

Swap Counterparty: Royal Bank of Canada

RBC Capital Markets

United Kingdom

EC4V 4DE London


Rating Agencies: DBRS Ratings Limited

20 Fenchurch Street

United Kingdom

EC3M 3BY London

[email protected]

S&P

Neue Mainzer Strasse 52

Germany

60311 Frankfurt am Main

[email protected]


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


2. Reporting Contact Details

Contact for Servicer Report (Portfolio related information in Investor Report)

Germany

80939 Munich

Heidemannstrasse 164

BMW Bank GmbHContact for Investor Reporting:

+49-89-382-13846

[email protected]

Anne Schoen

+49-89-382-53070

[email protected]

Michael Dalchow


United Kingdom

EC2N 1AR London


Elavon Financial Services Limited, UK Branch

[email protected] / [email protected]

Calculation Agent:

3. Counterparty History

Replacement Party to be added if applicable


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


4. Overview Dates

Legal Maturity Date:Issue Date:

Initial Cut-Off Date:

22/08/202221/08/2015

31/07/2015

Reporting Frequency:

Payment Date:

Next Payment Date

Reporting Date

Investor Reporting Date

Interest Determination Date

Monthly Period:

20/04/2017

20/03/2017

Monthly Period No.: 19

28/02/201701/02/2017 until

09/03/2017

monthly

(since Issue Date)

16/03/2017

16/02/2017


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


5. Portfolio informationcurrent period prior period

Outstanding receivables in EUR Aggregate outstanding

principal balanceAggregate outstanding

principal balance

407,577,150.64

6,840,867.45

Total interest collections in EUR

Defaulted Amounts in EUR

48,674.69

505 Prepayments* number of contracts

Repurchases* principal in EUR 612,190.01

35 Repurchases* number of contracts

Beginning of period in EUR

10,704,522.14

18,157,579.60

1,340,106.29

169,052.52

426,224,137.67

10,453,465.69

7,278,136.22

777,089.56

18,508,691.47

1,393,525.99

-532,12

Scheduled principal payments in EUR

Prepayment* principal in EUR

Total principal collections in EUR

138.295,56

Late Recoveries in EUR

48

544

End of Period in EUR

Current prepayment rate (annualised) in %

389,250,518.52

18.83 19.10

407,577,150.64

* Prepayments are defined as all contracts that are early settled by the borrower and repurchases are defined as all contracts that are repurchased due to modification of contract.


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


6. Reserves

Aggregate outstanding notes balance

800,000,000.00Initial outstanding notes balance in EUR

Cash Reserve

Outstanding cash reserve beginning of period

Interest on cash reserve - previous period

Required cash reserve 8,000,000.00

Outstanding cash reserve end of period

8,000,000.00

8,000,000.00

in % in EUR

0.00

1.00

Triggers*

Trigger Breach

DBRSMoody'sFitch

Required Rating BMW AGTriggerCurrent ratioReserves

S&P**

N/A N/A N/A A noCommingling Reserve Long Term

N/A N/AN/A N/AShort Term

* Breach of one of these triggers in conjunction with any other event as set out in the Servicing Agreement and / or the Receivables Purchase Agreement will oblige BMW Bank GmbH to post

additional cash collateral. The Reserves will be adjusted on a monthly basis and shall be deposited in the Issuer Account and exclusively reserved to cover risks.

** S&P notifies BMW Bank GmbH that BMW Bank is no longer deemed eligible under the applicable rating criteria by S&P.

Outstanding Commingling Reserve end of period

in EUR

0.00

Commingling Reserve


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


7. Performance data

Aggregate outstanding notes balance 375,086,995.29Beginning of period (in EUR)

355,663,315.25End of period (in EUR)

Ratios

31- 60 days past due

0.2231- 60 days past due period before previous period

0.2131- 60 days past due previous period

0.1331- 60 days past due current period

61- 90 days past due

0.0461- 90 days past due period before previous period

0.11

61- 90 days past due current period 0.09

61- 90 days past due previous period

497,142.90

339,660.40

186,893.67

428,173.84

927,322.11

875,227.49

(in EUR) (in %)

(in %)(in EUR)

Cumulative net loss ratio (in %)

Cumulative net loss ratio Current ratio

0.19

Cumulative recoveries (in EUR)

Recoveries (in EUR)

Cumulative defaulted amounts (in EUR) 1,494,663.06

Defaulted amounts (in EUR) 169,052.52

Balance of contracts being 61 - 90 days delinquent (in EUR) 339,660.40

Balance of contracts being 31 - 60 days delinquent (in EUR) 497,142.90

Number of contracts being 61 - 90 days delinquent 11

Number of contracts being 31 - 60 days delinquent 36

Performance data

172,712.24

2,006,515.06


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


8. Defaulted Amount & Recovery Amount

(as at end of Monthly Period)

Cumulative Recovery Amount

(in EUR)

Recovery Amount in Collection Period

(in EUR)

Cumulative Net Loss Ratio

(in %)

Aggregate Amountof Purchased Receivables

(in EUR)

Purchased Amountof New Receivables

(in EUR)

Aggregate Defaulted Amount since

Initial Cut-Off Date(in EUR)

Collection Period Defaulted Amountin Collection Period

(in EUR)

Number of Defaulted Agreements in

Collection Period

799,999,962.58 n/a n/an/an/an/a 0 799,999,962.58July - 15

799,999,962.58 37.74 37.74 8 0.00 0.00Aug - 15 0.00 0.00

799,999,962.58 60.83 23.09 4 0.00 0.00Sept - 15 0.00 0.00

799,999,962.58 9,437.34 9,376.51 15 0.00 0.00Oct - 15 24,266.91 24,266.91

799,999,962.58 33,398.73 23,961.39 17 0.00 0.00Nov - 15 84,872.25 60,605.34

799,999,962.58 94,700.41 61,301.68 22 0.00 0.01Dec - 15 202,364.62 117,492.37

799,999,962.58 142,922.00 48,221.59 19 0.00 0.02Jan - 16 337,957.49 135,592.87

799,999,962.58 199,110.60 56,188.60 20 0.00 0.02Feb - 16 484,857.16 146,899.67

799,999,962.58 260,779.67 61,669.07 16 0.00 0.03Mar - 16 641,409.08 156,551.92

799,999,962.58 270,780.39 10,000.72 17 0.00 0.03Apr - 16 670,460.60 29,051.52

799,999,962.58 350,304.72 79,524.33 23 0.00 0.04May - 16 698,552.10 28,091.50

799,999,962.58 472,903.81 122,599.09 18 0.00 0.06June - 16 892,219.35 193,667.25

799,999,962.58 545,299.60 72,395.79 27 0.00 0.07July - 16 1,034,847.84 142,628.49

799,999,962.58 660,495.45 115,195.85 24 0.00 0.08Aug - 16 1,178,991.02 144,143.18

799,999,962.58 848,444.03 187,948.58 21 0.00 0.11Sept - 16 1,297,129.50 118,138.48

799,999,962.58 961,762.27 113,318.24 27 0.00 0.12Oct - 16 1,486,194.62 189,065.12

799,999,962.58 1,071,674.87 109,912.60 20 0.00 0.13Nov - 16 1,646,654.37 160,459.75

799,999,962.58 1,187,314.98 115,640.11 20 0.00 0.15Dec - 16 1,711,126.59 64,472.22

799,999,962.58 1,325,610.54 138,295.56 20 0.00 0.17Jan - 17 1,833,802.82 122,676.23

799,999,962.58 1,494,663.06 169,052.52 32 0.00 0.19Feb - 17 2,006,515.06 172,712.24


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


9. Defaulted Amount & Recovery Amount - Loan Level Data*

Out of Deal(Month /

Year)

Customer Type

(private / commercial)

ObjectType (new / used)

Principal Balance End

of Period(in EUR)

Recovery Total

(in EUR)

Principal Balance

(Initial in EUR)

Month / Yearof Loan

Origination

Month / Yearof Default

Vehicle Series

Principal Balance

of Loan at Default(in EUR)

1 Feb - 13 9,140.55 MINI Private 6,143.94 9,140.55 2.996,61 UsedOct - 15

2 Dec - 14 20,591.39 3 Series Private 15,435.00 20,305.57 4.870,57 UsedNov - 15

3 Nov - 14 24,310.60 MINI Commercial 13,022.13 23,958.17 10.936,04 NewDec - 15

4 Nov - 14 36,458.02 X6 Series Private 34,851.96 34,851.96 0,00 UsedDec - 15

5 Dec - 14 16,770.78 5 Series Commercial 12,652.45 16,282.95 3.630,50 UsedDec - 15

6 Sept - 14 7,024.89 MINI Private 4,733.93 7,024.89 2.290,96 UsedDec - 15

7 Apr - 15 24,296.84 7 Series Commercial 12,824.85 24,296.84 11.471,99 UsedDec - 15

8 Dec - 12 10,540.71 X5 Series Private 5,938.30 10,146.98 4.208,68 UsedJan - 16

9 May - 14 32,263.83 X5 Series Commercial 23,648.94 32,263.83 8.614,89 UsedJan - 16

10 July - 14 42,623.90 X3 Series Private 36,934.36 40,442.45 3.508,09 NewJan - 16

11 Apr - 15 30,801.60 5 Series Commercial 22,830.52 30,378.31 7.547,79 UsedJan - 16

12 July - 12 22,243.21 5 Series Commercial 10,037.50 21,770.40 11.732,90 UsedJan - 16

13 Feb - 15 5,665.18 Non BMW Group (incl. Motorcycles) Commercial 3,491.51 5,665.18 2.173,67 UsedJan - 16

14 Nov - 12 50,548.13 X6 Series Commercial 31,428.57 48,835.07 17.406,50 NewFeb - 16

15 July - 13 15,001.28 X1 Series Commercial 171.18 7,179.66 7.047,79 UsedFeb - 16

16 Apr - 15 21,663.42 X1 Series Private 16,800.00 20,988.85 4.188,85 UsedFeb - 16

17 July - 14 45,355.49 Non BMW Group (incl. Motorcycles) Commercial 30,845.99 43,909.64 13.063,65 UsedFeb - 16

18 Oct - 14 9,971.49 Non BMW Group (incl. Motorcycles) Commercial 6,716.92 9,436.23 2.719,31 UsedFeb - 16

19 Nov - 14 29,461.43 3 Series Private 18,094.08 28,535.49 10.441,41 UsedFeb - 16

20 Apr - 15 39,297.89 MINI Commercial 23,870.66 37,353.88 13.483,22 NewMar - 16

21 June - 14 14,880.57 MINI Commercial 14,341.81 14,341.81 0,00 UsedMar - 16

22 Jan - 15 67,795.91 X3 Series Private 37,290.60 66,828.23 29.537,63 NewMar - 16

23 Nov - 13 57,175.51 5 Series Commercial -13.00 30,290.30 30.303,30 NewMar - 16

24 Oct - 12 13,089.16 X3 Series Private 12,735.00 12,897.33 162,33 UsedMar - 16

25 Apr - 15 5,503.35 5 Series Private 3,839.50 5,042.88 1.203,38 UsedMar - 16

26 Apr - 15 19,551.20 3 Series Commercial -92.53 4,027.48 4.127,64 UsedMar - 16

27 Sept - 14 25,674.82 X6 Series Commercial -102.66 18,818.44 18.921,10 UsedMay - 16

28 June - 14 27,547.45 5 Series Commercial 19,820.63 23,983.43 4.162,80 UsedMay - 16

29 Nov - 14 11,051.41 1 Series Commercial 10,495.96 10,495.96 0,00 NewMay - 16

30 Feb - 15 34,784.64 5 Series Commercial 25,256.06 32,385.86 7.129,80 UsedMay - 16

31 Feb - 15 12,148.07 Other BMW Group Commercial 0.00 11,745.84 11.745,84 NewMay - 16

32 Dec - 14 9,376.18 1 Series Private 0.00 129.64 129,64 UsedMay - 16

33 June - 12 25,258.12 X6 Series Commercial 0.00 14,260.73 14.260,73 UsedMay - 16

34 May - 13 21,619.52 Non BMW Group (incl. Motorcycles) Commercial -47.50 3,815.93 3.951,20 UsedMay - 16


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Out of Deal(Month /

Year)

Customer Type




of Period(in EUR)

Recovery Total

(in EUR)

Principal Balance

(Initial in EUR)

Month / Yearof Loan

Origination


Vehicle Series

Principal Balance


35 Nov - 14 17,578.96 1 Series Commercial -0.67 8,632.57 8.633,24 NewMay - 16

36 Feb - 15 44,013.94 X5 Series Private 26,242.12 40,136.06 13.893,94 UsedJune - 16

37 June - 13 10,924.58 MINI Commercial -158.24 5,577.30 5.735,54 NewJune - 16

38 Mar - 15 60,010.83 X5 Series Commercial 34,239.76 56,992.16 22.752,40 NewJune - 16

39 Oct - 14 79,698.00 X5 Series Commercial 44,732.08 75,143.86 30.411,78 NewJune - 16

40 Aug - 14 7,500.92 MINI Commercial 3,267.38 6,471.55 3.204,17 UsedJune - 16

41 Feb - 15 8,334.09 3 Series Private 7,144.22 7,144.22 0,00 UsedJune - 16

42 Feb - 15 6,425.78 1 Series Commercial 2,857.54 5,667.92 2.810,38 UsedJuly - 16

43 Mar - 15 28,007.54 MINI Commercial 19,738.75 26,540.47 6.801,72 NewJuly - 16

44 Aug - 14 55,492.96 6 Series Commercial 42,801.18 49,918.26 7.117,08 NewJuly - 16

45 Apr - 13 18,782.67 X1 Series Private 15,890.41 18,109.05 2.218,64 NewJuly - 16

46 Dec - 13 8,952.70 Non BMW Group (incl. Motorcycles) Commercial 1,649.01 6,263.61 4.614,60 UsedJuly - 16

47 Dec - 12 18,072.18 MINI Private 10,485.87 17,358.30 6.872,43 NewJuly - 16

48 Nov - 13 20,397.75 5 Series Commercial 11,145.20 18,834.06 7.688,86 UsedJuly - 16

49 Feb - 15 26,399.97 5 Series Private 18,157.51 24,479.35 6.321,84 UsedAug - 16

50 Oct - 14 41,943.55 X6 Series Commercial 21,059.47 38,760.32 17.700,85 UsedAug - 16

51 Oct - 12 12,540.74 Non BMW Group (incl. Motorcycles) Private 0.00 9,373.58 9.373,58 UsedAug - 16

52 Nov - 14 30,566.67 7 Series Commercial -94.23 10,078.84 10.173,07 UsedAug - 16

53 Oct - 14 16,283.40 Non BMW Group (incl. Motorcycles) Private 0.00 15,176.96 15.229,46 UsedAug - 16

54 Dec - 14 8,326.55 1 Series Private 3,005.46 3,338.29 332,83 UsedAug - 16

55 Mar - 15 20,646.11 X1 Series Private 9,035.00 19,285.94 10.250,94 UsedAug - 16

56 Nov - 14 32,858.20 Non BMW Group (incl. Motorcycles) Commercial 20,696.29 27,523.28 6.826,99 UsedAug - 16

57 Aug - 14 7,156.55 Non BMW Group (incl. Motorcycles) Commercial 4,415.25 4,415.25 0,00 UsedAug - 16

58 June - 14 6,813.38 3 Series Private 0.00 6,410.89 6.434,62 UsedAug - 16

59 May - 14 9,498.93 1 Series Commercial 7,405.98 8,402.05 996,07 UsedAug - 16

60 Feb - 14 19,518.79 5 Series Commercial 14,163.90 17,573.96 3.410,06 UsedAug - 16

61 Nov - 14 27,949.88 MINI Commercial -85.67 14,346.50 14.432,17 NewSept - 16

62 May - 14 22,925.12 5 Series Commercial 13,411.25 20,556.21 7.144,96 UsedSept - 16

63 Aug - 12 9,334.09 3 Series Private 3,596.95 7,785.73 4.188,78 UsedSept - 16

64 Feb - 13 2,568.64 MINI Private 318.41 318.41 0,00 UsedSept - 16

65 Apr - 15 14,890.67 3 Series Commercial 6,233.53 12,070.60 5.837,07 UsedSept - 16

66 Sept - 14 10,962.26 MINI Commercial 0.00 10,203.21 10.203,21 NewSept - 16

67 Mar - 15 24,130.93 5 Series Commercial 12,500.00 21,887.32 9.387,32 UsedSept - 16

68 Apr - 13 10,281.15 X1 Series Commercial 0.00 8,119.37 8.119,37 UsedSept - 16


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Out of Deal(Month /

Year)

Customer Type




of Period(in EUR)

Recovery Total

(in EUR)

Principal Balance

(Initial in EUR)

Month / Yearof Loan

Origination


Vehicle Series

Principal Balance


69 Sept - 14 72,897.48 X5 Series Commercial 0.00 67,525.68 67.525,68 UsedSept - 16

70 July - 14 12,977.70 7 Series Commercial 7,275.16 11,030.69 3.755,53 UsedSept - 16

71 Feb - 15 35,545.28 X5 Series Commercial 17,263.99 32,984.82 15.720,83 UsedSept - 16

72 Oct - 14 10,720.16 MINI Commercial 8,715.67 8,715.67 0,00 UsedSept - 16

73 May - 14 23,559.40 X1 Series Commercial 10,856.50 21,530.73 10.674,23 NewOct - 16

74 Mar - 13 11,028.02 3 Series Private 1,193.64 4,434.53 3.240,89 UsedOct - 16

75 Mar - 15 26,345.11 3 Series Commercial 14,186.72 20,811.84 6.625,12 UsedOct - 16

76 July - 14 27,032.38 X6 Series Commercial 1,500.00 24,519.98 23.019,98 UsedOct - 16

77 Oct - 13 13,965.50 3 Series Private 8,985.12 11,920.13 2.935,01 UsedOct - 16

78 Dec - 14 20,252.25 1 Series Private 16,619.32 18,754.10 2.134,78 NewOct - 16

79 Sept - 14 74,944.05 Other BMW Group Commercial 45,746.97 64,692.77 18.945,80 UsedNov - 16

80 Nov - 14 16,140.60 3 Series Private 3,000.00 14,114.86 11.114,86 UsedNov - 16

81 Mar - 14 25,997.03 X5 Series Commercial 0.00 22,915.63 22.915,63 UsedNov - 16

82 Sept - 13 24,933.93 X6 Series Private 11,406.47 11,406.47 0,00 NewNov - 16

83 July - 14 39,366.07 2 Series Commercial 19,775.97 33,393.91 13.617,94 NewNov - 16

84 Feb - 15 36,697.30 5 Series Commercial 24,188.46 33,574.00 9.385,54 UsedNov - 16

85 June - 14 9,990.78 MINI Commercial 1,873.37 2,099.61 226,24 UsedDec - 16

86 July - 14 91,643.13 Non BMW Group (incl. Motorcycles) Commercial 29,514.83 80,672.22 51.157,39 NewDec - 16

87 Apr - 15 16,943.28 X3 Series Private 11,430.37 15,041.34 3.610,97 UsedDec - 16

88 Aug - 14 12,806.10 Other BMW Group Private 10,095.85 10,646.05 550,20 NewDec - 16

89 Sept - 14 16,840.82 1 Series Private 3,773.33 15,095.07 11.321,74 UsedDec - 16

90 May - 14 19,109.22 X1 Series Commercial -63.93 148.20 212,13 NewDec - 16

91 Dec - 14 13,385.27 MINI Private 9,451.15 9,451.15 0,00 UsedDec - 16

92 Mar - 15 12,715.15 5 Series Private 8,910.00 10,419.81 1.509,81 UsedDec - 16

93 July - 14 29,440.76 5 Series Commercial 11,708.74 25,254.03 13.545,29 NewDec - 16

94 Sept - 13 5,982.06 5 Series Commercial 3,400.51 4,993.05 1.592,54 UsedDec - 16

95 Dec - 13 15,378.53 Non BMW Group (incl. Motorcycles) Commercial 5,876.09 5,876.09 0,00 UsedJan - 17

96 Nov - 14 13,110.10 Non BMW Group (incl. Motorcycles) Commercial 0.00 11,270.17 11.270,17 UsedJan - 17

97 Sept - 13 6,474.00 MINI Commercial 3,524.61 5,783.07 2.258,46 UsedJan - 17

98 Aug - 13 57,603.22 Other BMW Group Commercial 26,237.52 47,800.24 21.562,72 NewJan - 17

99 May - 13 14,902.96 3 Series Private 6,935.00 12,364.30 5.429,30 UsedJan - 17

100 Aug - 14 35,372.33 1 Series Commercial 0.00 32,589.75 32.589,75 NewJan - 17

101 Feb - 15 8,094.48 3 Series Commercial 6,251.04 7,200.18 949,14 UsedJan - 17

102 June - 13 6,913.25 X5 Series Private 500.00 1,367.53 867,53 UsedJan - 17


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Out of Deal(Month /

Year)

Customer Type




of Period(in EUR)

Recovery Total

(in EUR)

Principal Balance

(Initial in EUR)

Month / Yearof Loan

Origination


Vehicle Series

Principal Balance


103 June - 13 19,017.95 MINI Commercial 0.00 16,302.56 16.302,56 NewJan - 17

104 Nov - 13 15,875.78 Non BMW Group (incl. Motorcycles) Private 7,625.00 13,298.00 5.673,00 UsedJan - 17

105 Nov - 14 14,454.44 3 Series Commercial -13.00 3,679.78 3.692,78 UsedJan - 17

106 Jan - 14 24,374.13 5 Series Commercial 15,395.47 21,527.04 6.131,57 NewJan - 17

107 Dec - 14 62,432.87 5 Series Commercial 29,104.80 53,749.42 24.644,62 NewJan - 17

108 June - 14 35,418.30 Non BMW Group (incl. Motorcycles) Private 20,483.50 28,665.44 8.181,94 NewJan - 17

109 Feb - 14 24,856.29 7 Series Commercial 7,000.00 20,156.34 13.156,34 UsedFeb - 17

110 Oct - 14 28,449.78 MINI Commercial 19,010.63 25,018.55 6.007,92 NewFeb - 17

111 July - 14 24,011.90 3 Series Commercial 0.00 23,243.46 23.243,46 NewFeb - 17

112 Sept - 13 10,520.18 MINI Private 6,264.50 9,762.00 3.497,50 UsedFeb - 17

113 Dec - 14 31,630.00 5 Series Commercial 16,928.65 26,950.90 10.022,25 UsedFeb - 17

114 Sept - 14 18,513.03 X1 Series Private 0.00 17,166.43 17.166,43 UsedFeb - 17

115 Sept - 12 3,236.31 Non BMW Group (incl. Motorcycles) Private 0.00 1,176.28 1.176,28 UsedFeb - 17

116 Mar - 15 22,085.89 X5 Series Commercial 660.34 17,164.23 16.503,89 UsedFeb - 17

117 Apr - 15 26,598.30 1 Series Commercial 14,091.39 22,724.67 8.633,28 UsedFeb - 17

118 July - 14 4,839.15 1 Series Private 195.02 1,083.33 888,31 UsedFeb - 17

119 Apr - 14 21,986.47 3 Series Commercial 9,682.90 14,414.25 4.731,35 UsedFeb - 17

120 Aug - 14 17,601.73 Non BMW Group (incl. Motorcycles) Private 11,135.00 14,880.77 3.745,77 UsedFeb - 17

121 Jan - 15 24,691.67 5 Series Commercial 14,986.05 21,462.19 6.476,14 UsedFeb - 17

122 Aug - 14 1,923.88 Non BMW Group (incl. Motorcycles) Private 0.00 397.45 397,45 UsedFeb - 17

123 July - 14 16,820.57 MINI Commercial 0.00 16,515.75 16.515,75 NewFeb - 17

124 May - 14 13,506.06 X1 Series Private 8,755.60 11,666.40 2.910,80 UsedFeb - 17

125 Sept - 14 35,486.81 3 Series Commercial 15,085.25 31,424.29 16.339,04 UsedFeb - 17

126 July - 14 17,247.16 MINI Commercial 0.00 17,111.75 17.111,75 NewFeb - 17

127 Nov - 14 24,438.50 Z Series Private Jan - 16 22,560.63 24,438.50 1.877,87 UsedOct - 15

128 Jan - 15 40,751.89 X1 Series Private Feb - 16 29,765.96 40,222.26 10.456,30 NewNov - 15

129 May - 14 8,614.45 1 Series Private Feb - 16 7,538.84 8,385.79 846,95 UsedNov - 15

130 Jan - 15 15,582.52 3 Series Commercial Mar - 16 11,349.60 15,582.52 4.232,92 UsedNov - 15

131 Apr - 15 72,277.56 Other BMW Group Commercial Mar - 16 52,080.38 72,277.56 20.197,18 NewDec - 15

132 Oct - 14 26,292.92 2 Series Private Apr - 16 20,121.19 25,209.28 5.088,09 NewJan - 16

133 June - 14 16,324.64 3 Series Commercial Apr - 16 11,445.44 15,429.80 3.984,36 NewJan - 16

134 Oct - 14 771.78 3 Series Private Apr - 16 120.73 258.91 138,18 UsedApr - 16

135 Oct - 12 597.08 Non BMW Group (incl. Motorcycles) Private Apr - 16 -7.19 199.02 206,21 UsedApr - 16

136 Mar - 15 14,165.75 1 Series Private May - 16 8,167.55 13,570.09 5.402,54 UsedFeb - 16


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Out of Deal(Month /

Year)

Customer Type




of Period(in EUR)

Recovery Total

(in EUR)

Principal Balance

(Initial in EUR)

Month / Yearof Loan

Origination


Vehicle Series

Principal Balance


137 July - 14 2,762.77 5 Series Commercial May - 16 56.56 149.56 93,00 UsedMay - 16

138 Feb - 15 23,454.65 Non BMW Group (incl. Motorcycles) Private June - 16 19,200.57 22,955.89 3.755,32 UsedMar - 16

139 Mar - 15 11,459.71 1 Series Private June - 16 9,790.63 11,269.82 1.479,19 UsedApr - 16

140 July - 14 7,857.31 3 Series Private July - 16 6,519.72 7,574.08 1.054,36 UsedFeb - 16

141 Dec - 14 8,630.28 1 Series Private July - 16 8,049.16 8,118.62 69,46 UsedFeb - 16

142 Nov - 13 21,444.04 X3 Series Private July - 16 16,873.24 21,217.70 4.344,46 UsedApr - 16

143 Apr - 14 12,033.79 3 Series Private July - 16 11,294.59 11,530.05 235,46 UsedApr - 16

144 Aug - 13 14,183.30 1 Series Commercial July - 16 11,305.70 13,054.37 1.748,67 UsedMay - 16

145 Jan - 15 30,632.08 5 Series Private Aug - 16 23,897.28 30,266.61 6.369,33 UsedMar - 16

146 Mar - 13 30,532.37 3 Series Commercial Aug - 16 16,329.65 29,717.39 13.387,74 NewJune - 16

147 Sept - 14 16,715.30 3 Series Private Sept - 16 14,109.30 15,387.50 1.278,20 UsedJune - 16

148 May - 12 9,274.07 3 Series Private Sept - 16 3,947.23 8,190.07 4.242,84 UsedJune - 16

149 Nov - 14 26,519.64 5 Series Private Sept - 16 22,498.86 24,173.51 1.674,65 UsedJune - 16

150 Apr - 13 19,248.06 1 Series Private Sept - 16 16,531.92 17,419.18 887,26 NewJune - 16

151 June - 14 9,218.31 Non BMW Group (incl. Motorcycles) Private Sept - 16 7,005.93 7,756.21 750,28 NewJuly - 16

152 May - 13 22,433.61 X6 Series Private Oct - 16 14,301.51 21,202.26 6.900,75 UsedJune - 16

153 Sept - 12 25,425.05 X5 Series Commercial Oct - 16 13,024.83 22,881.26 9.856,43 UsedJuly - 16

154 Sept - 14 11,997.99 1 Series Private Oct - 16 3,912.90 11,415.14 7.502,24 UsedJuly - 16

155 June - 13 12,193.69 3 Series Private Oct - 16 9,389.20 10,357.87 968,67 UsedJuly - 16

156 Sept - 14 24,626.10 1 Series Private Oct - 16 15,637.71 22,193.30 6.555,59 NewAug - 16

157 Feb - 14 8,717.20 1 Series Private Oct - 16 979.26 4,971.09 3.991,83 UsedOct - 16

158 Sept - 13 22,058.99 7 Series Commercial Nov - 16 16,907.69 18,573.72 1.666,03 UsedAug - 16

159 Sept - 13 11,290.87 Non BMW Group (incl. Motorcycles) Private Nov - 16 4,630.60 10,400.75 5.770,15 UsedAug - 16

160 Jan - 15 6,922.17 1 Series Commercial Nov - 16 2,571.86 4,702.30 2.130,44 UsedNov - 16

161 July - 14 16,567.24 MINI Commercial Dec - 16 11,936.76 14,310.25 2.373,49 NewSept - 16

162 July - 14 23,348.17 3 Series Commercial Dec - 16 14,198.19 20,886.97 6.688,78 UsedSept - 16

163 Sept - 14 45,473.99 5 Series Commercial Dec - 16 23,430.72 40,581.88 17.151,16 NewSept - 16

164 May - 13 21,531.60 Non BMW Group (incl. Motorcycles) Private Dec - 16 15,475.59 19,857.84 4.382,25 NewOct - 16

165 Sept - 14 20,116.55 MINI Private Jan - 17 13,855.71 18,945.35 5.089,64 UsedAug - 16

166 Apr - 15 16,696.49 Z Series Commercial Jan - 17 10,021.94 14,814.62 4.792,68 UsedOct - 16

167 Nov - 14 46,299.24 4 Series Commercial Jan - 17 27,675.73 40,202.70 12.526,97 NewOct - 16

168 Apr - 14 31,917.29 3 Series Commercial Jan - 17 19,173.11 28,062.71 8.889,60 NewOct - 16

169 Jan - 14 28,376.88 5 Series Private Jan - 17 22,957.66 24,491.04 1.711,51 UsedOct - 16

170 July - 14 32,638.41 3 Series Commercial Jan - 17 18,835.17 29,651.13 10.952,68 NewOct - 16


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Out of Deal(Month /

Year)

Customer Type




of Period(in EUR)

Recovery Total

(in EUR)

Principal Balance

(Initial in EUR)

Month / Yearof Loan

Origination


Vehicle Series

Principal Balance


171 Dec - 13 20,223.64 1 Series Commercial Feb - 17 16,030.71 17,493.59 1.462,88 NewOct - 16

172 Oct - 13 5,000.20 Non BMW Group (incl. Motorcycles) Private Feb - 17 1,916.38 4,495.06 2.578,68 UsedNov - 16

173 Nov - 14 17,889.01 MINI Private Feb - 17 9,576.41 15,560.38 5.983,97 UsedNov - 16

174 Nov - 13 11,447.44 1 Series Commercial Feb - 17 7,216.47 9,355.69 2.139,22 UsedNov - 16

175 Jan - 15 42,284.02 X5 Series Private Feb - 17 28,138.88 34,576.32 6.437,44 UsedNov - 16

176 Jan - 15 2,029.64 3 Series Private Feb - 17 242.22 702.70 460,48 UsedFeb - 17

*Applicable only if loans have defaulted. Does not include defaulted amounts less than 10 EUR.


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


10. Outstanding note balance

1. Note balance All Notes Class A Class B

N/A/N/A/AAA/AAA

Initial number of notes per class in EUR

Nominal amount per note in EUR

Initial notes aggregate principal outstanding balance in EUR

Rating (Fitch / Moody's / S&P/DBRS)

Legal final maturity

CurrencyISIN code

Initial note information for Class

744,000,000.00

EUR

100,000.00

EUR

N/A/N/A/N/A/N/A

56,000,000.00 800,000,000.00

560 7,440

100,000.00

XS1222740471XS1222738731

Aug 2022 Aug 2022

Current Note Information

319,086,995.29 56,000,000.00 375,086,995.29Notes aggregate principal outstanding balance in EUR - BoP

27,546,360.58Available distribution amount in EUR

Current pool factor

Notes aggregate principal outstanding balance in EUR - EoP

Redemption per note in EUR

Redemption per class in EUR

299,663,315.25

19.423.680,04

56,000,000.00

0,00

355,663,315.25

0.40 1.00

2,610.71 0.00

2. Payments to investor per note Class A Class B

Day count fraction

Interest days

Principal outstanding per note in EUR - BoP

Principal repayment per note in EUR

Principal outstanding per note in EUR - EoP

0,230%

28 days

NONE

28 days

42,888.04 100,000.00

40,277.33 100,000.00

2,610.71 0.00

Interest Type

Reference Rate

Actual Interest Rate

Spread

Coupon

Actual/360Actual/360

Floating Rate Fixed Rate

1M_EURIBOR NONE

1,000%

-0,372% NONE

Interest payment per Note in EUR 0.00 77.78

0,000%*

* rate is floored at 0,000%, the theoretical negative interest rate is -0,142%.

3. Credit enhancement Initial CE

(in %)

Current Period

(in EUR)

Current CE

(in %)

Initial Period

(in EUR)

56,000,000.00

744,000,000.00Class A

Class B

Cash Reserve (+ Overcollateralisation) 0.00

299,663,315.25

56,000,000.00

0.00

25.07

10.68

8.00

1.00

41,587,203.27 7,999,962.58

"In its capacity as originator and lender, BMW Bank GmbH complies with the retention requirement of a material net economic interest in accordance with Art. 405 CRR. A minimum of 5.0% of the net

economic interest will be retained throughout the life of the transaction in form of retention of the Class B Notes and the Subordinated Loan."


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


10. Outstanding note balance

4. Clean-Up Call Option

If the aggregate outstanding principal balance has been reduced to less than 10% of the aggregate outstanding principal balance at the Issue Date,

the seller will have the option under the receivables purchase Agreement to acquire all outstanding purchased receivables.

Aggregate outstanding principal balance at end of period (in EUR)

Clean-Up option exercisable

389,250,518.52

No


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


11. Original Principal BalanceInitial Portfolio as of origination of contract

Number of Contracts

(in % of total)

Number

of Contracts

Original Principal Balance

(in % of total)

Original principal balance

(in EUR)

Group (in EUR)

(by Original Principal Balance)

0.00 - 5,000.00 0.79 1,924 4.05 7,384,126.15

5.000,01 - 10.000,00 6.86 8,173 17.20 63,969,927.93

10.000,01 - 15.000,00 13.38 9,923 20.88 124,736,188.35

15.000,01 - 20.000,00 16.62 8,854 18.63 154,952,065.46

20.000,01 - 25.000,00 16.26 6,774 14.25 151,581,121.12

25.000,01 - 30.000,00 13.43 4,565 9.61 125,216,652.29

30.000,01 - 35.000,00 9.79 2,828 5.95 91,309,029.78

35.000,01 - 40.000,00 6.55 1,632 3.43 61,056,268.61

40.000,01 - 45.000,00 4.33 952 2.00 40,387,550.24

45.000,01 - 50.000,00 3.15 620 1.30 29,336,082.78

50.000,01 - 55.000,00 2.29 408 0.86 21,384,546.26

55.000,01 - 60.000,00 1.60 260 0.55 14,931,390.99

> 60.000,00 4.94 609 1.28 46,008,370.00

Total 100.00 47,522 100.00 932,253,319.96

209.250,00Max:

989,90Min:

Average: 19,617.30

11a. Original Principal Balance (graph)

0

20. 000. 000

40. 000. 000

60. 000. 000

80. 000. 000

100. 000. 000

120. 000. 000

140. 000. 000

160. 000. 000

0. 00 -5, 000. 00

5. 000, 01 -10. 000, 00

10. 000, 01 -15. 000, 00

15. 000, 01 -20. 000, 00

20. 000, 01 -25. 000, 00

25. 000, 01 -30. 000, 00

30. 000, 01 -35. 000, 00

35. 000, 01 -40. 000, 00

40. 000, 01 -45. 000, 00

45. 000, 01 -50. 000, 00

50. 000, 01 -55. 000, 00

55. 000, 01 -60. 000, 00

> 60. 000, 00

Group (in EUR)

Ori

gin

al P

rin

cip

al B

alan

ce


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


12. Aggregate Principal BalanceInitial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts

Aggregate Principal Balance

(in % of total)


(in EUR)

Group (in EUR)

0.00 - 5,000.00 1.86 4,474 9.41 14,872,844.76

5.000,01 - 10.000,00 9.74 10,268 21.61 77,907,669.31

10.000,01 - 15.000,00 15.28 9,823 20.67 122,219,632.30

15.000,01 - 20.000,00 18.13 8,320 17.51 145,027,414.96

20.000,01 - 25.000,00 16.21 5,804 12.21 129,643,893.50

25.000,01 - 30.000,00 12.86 3,769 7.93 102,886,338.09

30.000,01 - 35.000,00 8.12 2,014 4.24 64,928,377.53

35.000,01 - 40.000,00 5.26 1,128 2.37 42,091,020.21

40.000,01 - 45.000,00 3.63 686 1.44 29,008,618.29

45.000,01 - 50.000,00 2.52 427 0.90 20,181,733.85

50.000,01 - 55.000,00 1.76 270 0.57 14,095,917.88

55.000,01 - 60.000,00 1.25 175 0.37 10,010,210.86

> 60.000,00 3.39 364 0.77 27,126,291.04

Total 100.00 47,522 100.00 799,999,962.58

Average:

178.05Min:

192,125.49Max:

16,834.31

12a. Aggregate Principal Balance (graph)

0

20. 000. 000

40. 000. 000

60. 000. 000

80. 000. 000

100. 000. 000

120. 000. 000

140. 000. 000

160. 000. 000

0. 00 -5, 000. 00

5. 000, 01 -10. 000, 00

10. 000, 01 -15. 000, 00

15. 000, 01 -20. 000, 00

20. 000, 01 -25. 000, 00

25. 000, 01 -30. 000, 00

30. 000, 01 -35. 000, 00

35. 000, 01 -40. 000, 00

40. 000, 01 -45. 000, 00

45. 000, 01 -50. 000, 00

50. 000, 01 -55. 000, 00

55. 000, 01 -60. 000, 00

> 60. 000, 00

Group (in EUR)

Ag

gre

gat

e P

rin

cip

al B

alan

ce


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


13. Aggregate Outstanding Principal BalancePortfolio as of: Feb 28, 2017

Number of Contracts

(in % of total)

Number

of Contracts

Aggregate Outstanding

Principal Balance

(in % of total)


Principal Balance

(in EUR)

Group

(in EUR)

0.00 - 5,000.00 23.07 7,080 3.34 12,991,724.47

5.000,01 - 10.000,00 21.70 6,660 12.85 50,009,175.76

10.000,01 - 15.000,00 20.23 6,207 19.89 77,407,333.16

15.000,01 - 20.000,00 16.04 4,922 21.88 85,163,800.62

20.000,01 - 25.000,00 9.31 2,858 16.32 63,507,473.76

25.000,01 - 30.000,00 4.43 1,359 9.49 36,941,627.01

30.000,01 - 35.000,00 2.22 680 5.64 21,936,324.54

35.000,01 - 40.000,00 1.33 409 3.91 15,213,977.48

40.000,01 - 45.000,00 0.68 209 2.27 8,833,499.97

45.000,01 - 50.000,00 0.36 110 1.34 5,220,362.00

50.000,01 - 55.000,00 0.25 76 1.03 3,995,784.45

55.000,01 - 60.000,00 0.13 40 0.59 2,301,407.57

> 60.000,00 0.25 78 1.47 5,728,027.73

100.00 30,688 100.00 389,250,518.52Total

Max :

Min :

138.664,92

0,00

WA : 12.684,13


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


0

20. 000. 000

40. 000. 000

60. 000. 000

80. 000. 000

100. 000. 000

0. 00 -5, 000. 00

5. 000, 01 -10. 000, 00

10. 000, 01 -15. 000, 00

15. 000, 01 -20. 000, 00

20. 000, 01 -25. 000, 00

25. 000, 01 -30. 000, 00

30. 000, 01 -35. 000, 00

35. 000, 01 -40. 000, 00

40. 000, 01 -45. 000, 00

45. 000, 01 -50. 000, 00

50. 000, 01 -55. 000, 00

55. 000, 01 -60. 000, 00

> 60. 000, 00

Group (in EUR)

Ag

gre

gat

e O

uts

tan

din

g P

rin

cip

al B

alan

ce

13a. Aggregate Outstanding Principal Balance (graph)


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


14. Down PaymentsFeb 28, 2017Portfolio as of:

Down Payment/

Purchase Price

(in %)

Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Down Payment

No Down Payment 27.60 8,469 24.11 93,841,186.07 0.00

<=1000 2.54 778 1.89 7,342,182.42 4.74

1.000,01 - 2.000,00 5.95 1,827 4.77 18,549,564.13 9.49

2.000,01 - 3.000,00 7.42 2,278 6.39 24,889,859.08 13.25

3.000,01 - 4.000,00 6.71 2,058 5.96 23,214,000.98 16.86

4.000,01 - 5.000,00 9.53 2,926 9.61 37,421,241.91 18.86

5.000,01 - 6.000,00 5.67 1,739 5.77 22,449,716.01 21.12

6.000,01 - 7.000,00 4.82 1,479 5.09 19,803,620.41 22.99

7.000,01 - 8.000,00 4.52 1,386 5.23 20,344,828.08 23.77

8.000,01 - 9.000,00 2.54 779 2.95 11,474,609.58 25.80

9.000,01 - 10.000,00 7.06 2,166 8.49 33,065,534.33 27.46

10.000,01 - 11.000,00 1.50 461 1.92 7,487,566.44 27.01

11.000,01 - 12.000,00 1.92 588 2.40 9,325,202.77 29.27

12.000,01 - 13.000,00 1.37 421 1.66 6,455,691.85 30.96

13.000,01 - 14.000,00 1.11 340 1.28 4,977,148.80 32.83

14.000,01 - 15.000,00 2.87 882 3.61 14,049,488.33 33.56

> 15.000,00 6.88 2,111 8.88 34,559,077.33 40.02

100.00 30,688 100.00 389,250,518.52Total 17.85

5,660.94

114,000.00

42.42Minimum Down Payment

Maximum Down Payment

Average Down Payment

Average Down Payment (customers that made a Down Payment) 7,818.66


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


15. Borrower Concentration

Feb 28, 2017Portfolio as of:

Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Borrower

(Top 20)

0.03 8 0.08 304,374.43 1

0.05 15 0.07 279,043.63 2

0.01 2 0.05 181,100.85 3

0.00 1 0.04 138,664.92 4

0.01 2 0.03 133,133.64 5

0.02 7 0.03 128,509.37 6

0.01 2 0.03 127,765.04 7

0.02 5 0.03 120,697.65 8

0.00 1 0.03 120,589.51 9

0.01 3 0.03 120,300.93 10

0.01 2 0.03 115,998.15 11

0.01 2 0.03 106,351.85 12

0.00 1 0.03 101,162.72 13

0.01 2 0.03 100,795.43 14

0.01 2 0.03 99,473.00 15

0.01 3 0.03 97,429.53 16

0.01 2 0.02 97,256.40 17

0.01 3 0.02 91,684.89 18

0.00 1 0.02 91,408.35 19

0.00 1 0.02 90,536.35 20

0.21 65 0.68 2,646,276.64Total

Total Portfolio Balance 389,250,518.52


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Initial Portfolio

Number of contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Post code area

post code area 0 5.85 2,679 5.64 46,839,944.69

post code area 1 6.38 2,836 5.97 51,008,452.85

post code area 2 8.76 4,195 8.83 70,077,808.65

post code area 3 9.16 4,610 9.70 73,301,084.91

post code area 4 12.50 5,864 12.34 100,035,465.33

post code area 5 11.51 5,537 11.65 92,099,007.46

post code area 6 12.47 5,895 12.40 99,797,543.77

post code area 7 11.64 5,764 12.13 93,119,781.73

post code area 8 12.72 5,868 12.35 101,721,826.46

post code area 9 9.00 4,274 8.99 71,999,046.73

100.00 47,522 100.00 799,999,962.58Total


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017




Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Post code area

post code area 0 5.99 1,837 6.19 24,089,830.19

post code area 1 6.09 1,870 6.35 24,718,290.43

post code area 2 8.82 2,707 8.57 33,357,135.22

post code area 3 9.67 2,966 9.07 35,290,402.87

post code area 4 12.40 3,806 12.46 48,481,154.74

post code area 5 11.55 3,544 11.24 43,764,702.07

post code area 6 12.75 3,912 12.94 50,358,557.83

post code area 7 12.09 3,709 11.84 46,092,114.52

post code area 8 11.81 3,625 12.45 48,468,084.86

post code area 9 8.77 2,691 8.86 34,478,971.11

post code area Others 0.07 21 0.04 151,274.68

100.00 30,688 100.00 389,250,518.52Total


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

post code area0

post code area1

post code area2

post code area3

post code area4

post code area5

post code area6

post code area7

post code area8

post code area9

post code areaOthers

Post code area

Ag

gre

gat

e O

uts

tan

din

g P

rin

cip

al B

alan

ce

16a. Geographical Distribution (graph)


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


17. Object Type

Initial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Car Type

New 33.59 45.36 362,915,583.88 15,964

Used 66.41 54.64 437,084,378.70 31,558

Total 100.00 47,522 100.00 799,999,962.58

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Customer Group

Commercial 20.87 28.96 231,695,786.67 9,917

Private Individual 79.13 71.04 568,304,175.91 37,605

Total 100.00 47,522 100.00 799,999,962.58

Portfolio as of: Feb 28, 2017

Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Car Type

New 36.28 11,135 49.30 191,889,611.84

Used 63.72 19,553 50.70 197,360,906.68

Total 100.00 30,688 100.00 389,250,518.52

Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Customer Group

Commercial 21.05 6,460 28.54 111,084,997.62

Private Individual 78.95 24,228 71.46 278,165,520.90

Total 100.00 30,688 100.00 389,250,518.52


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


18. Delinquencies

Initial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Days past due

1 - 30 0.00 0 0.00 0.00

31 - 60 0.00 0 0.00 0.00

61 - 90 0.00 0 0.00 0.00

91 - 120 0.00 0 0.00 0.00

> 120 0.00 0 0.00 0.00

0.00 0 0.00 0.00Total


Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Days past due

1 - 30 0.85 261 0.95 3,681,042.82

31 - 60 0.13 40 0.13 497,142.90

61 - 90 0.07 21 0.09 339,660.40

91 - 120 0.04 11 0.04 136,859.62

> 120 0.04 12 0.04 161,449.47

1.12 345 1.24 4,816,155.21Total


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


18a. Delinquencies Analysis

61-90 days past due

(in EUR)

31-60 days past due

(in EUR)Monthly Period 91-120 days past due

(in EUR)

>120 days past due

(in EUR)

Performing

(in EUR)

780,242,246.96Aug - 15 0.00 0.00 0.00 0.00

759,057,660.44Sept - 15 195,422.52 0.00 0.00 0.00

732,831,802.66Oct - 15 514,171.13 132,413.45 0.00 0.00

708,180,885.13Nov - 15 841,273.76 233,437.51 132,413.45 0.00

685,229,869.22Dec - 15 625,725.67 390,287.12 105,894.24 107,976.22

664,155,088.63Jan - 16 507,808.40 280,995.11 255,232.33 72,934.85

640,870,562.34Feb - 16 790,015.72 221,766.42 117,571.68 247,864.75

616,234,792.44Mar - 16 813,599.51 374,092.82 64,002.51 168,878.36

592,004,853.52Apr - 16 768,747.46 452,873.04 284,273.02 134,411.08

569,719,395.33May - 16 742,329.59 285,980.56 319,719.49 249,199.36

546,920,040.54June - 16 933,647.30 223,117.29 146,284.29 271,666.09

525,049,069.37July - 16 822,417.95 307,085.74 137,485.90 273,658.08

503,981,114.94Aug - 16 905,856.19 231,447.84 167,435.99 238,732.06

483,736,821.54Sept - 16 796,501.75 330,278.43 159,151.36 224,197.76

464,376,677.01Oct - 16 862,420.54 340,176.35 233,772.55 286,545.89

444,846,464.61Nov - 16 552,166.69 176,235.94 228,536.86 358,775.11

424,609,474.19Dec - 16 927,322.11 186,893.67 118,745.47 381,702.23

405,884,072.70Jan - 17 875,227.49 428,173.84 154,463.77 235,212.84

388,115,406.13Feb - 17 497,142.90 339,660.40 136,859.62 161,449.47


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


19. SeasoningInitial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Group

(in months)

<= 6 27.92 13,270 30.66 245,301,935.43

> 6 - <= 12 38.85 18,460 40.04 320,342,323.95

> 12 - <= 24 23.81 11,315 22.28 178,253,895.84

> 24 - <= 36 8.60 4,086 6.51 52,046,428.25

> 36 - <= 42 0.82 391 0.51 4,055,379.11

> 42 - <= 48 0.00 0 0.00 0.00

> 48 - <= 53 0.00 0 0.00 0.00

> 53 0.00 0 0.00 0.00

100.00 47,522 100.00 799,999,962.58Total

WA Seasoning (in months): 10.76

Min (in months):

Max (in months): 39.00

3.00


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


19. SeasoningFeb 28, 2017Portfolio as of:

Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Group

(in months)

<= 6 0.00 0 0.00 0.00

> 6 - <= 12 0.00 0 0.00 0.00

> 12 - <= 24 26.43 8,111 28.37 110,440,863.36

> 24 - <= 36 66.52 20,413 67.23 261,692,673.78

> 36 - <= 42 3.29 1,009 2.07 8,046,930.27

> 42 - <= 48 2.24 688 1.43 5,564,270.84

> 48 - <= 53 0.73 224 0.46 1,795,882.81

> 53 0.79 243 0.44 1,709,897.46

100.00 30,688 100.00 389,250,518.52Total

Min (in months):

Max (in months):

WA Seasoning (in months):

58.00

22.00

28.05

0

40.000.000

80.000.000

120.000.000

160.000.000

200.000.000

240.000.000

280.000.000

<= 6 > 6 - <= 12 > 12 - <= 24 > 24 - <= 36 > 36 - <= 42 > 42 - <= 48 > 48 - <= 53 > 53

Group (in months)

Ag

gre

gat

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19a. Seasoning (graph)


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


20. Remaining Term

Initial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Group

(in months)

<= 6 1,72% 1.332 2,80% 13,726,564.80

> 6 - <= 12 4,20% 3.439 7,24% 33,624,671.59

> 12 - <= 24 23,34% 13.319 28,03% 186,707,521.66

> 24 - <= 36 46,41% 19.607 41,26% 371,318,556.68

> 36 - <= 42 7,05% 3.120 6,57% 56,386,771.79

> 42 - <= 48 6,81% 2.825 5,94% 54,486,660.63

> 48 - <= 53 6,05% 2.258 4,75% 48,435,856.74

> 53 4,41% 1.622 3,41% 35,313,358.69

100.00 47,522 100.00 799,999,962.58Total

WA Remaining Term (in months): 30.52

Min (in months):


3.00


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


20. Remaining Term


Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Group

(in months)

<= 6 32.64 10,016 21.07 81,995,739.81

> 6 - <= 12 27.78 8,526 30.95 120,487,580.97

> 12 - <= 24 24.36 7,475 28.15 109,569,008.84

> 24 - <= 36 13.01 3,993 16.75 65,199,712.90

> 36 - <= 42 2.21 678 3.08 11,998,476.00

> 42 - <= 48 0.00 0 0.00 0.00

> 48 - <= 53 0.00 0 0.00 0.00

> 53 0.00 0 0.00 0.00

100.00 30,688 100.00 389,250,518.52Total

Min (in months):

Max (in months):

WA Remaining Term (in months):

41.00

0.00

14.68

0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

140.000.000

<= 6 > 6 - <= 12 > 12 - <= 24 > 24 - <= 36 > 36 - <= 42 > 42 - <= 48 > 48 - <= 53 > 53

Remaining Term (in months)

Ag

gre

gat

e O

uts

tan

din

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alan

ce

20a. Remaining Term (graph)


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


21. Original TermInitial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Group

(in months)

<= 6 0.00 0 0.00 0.00

> 6 - <= 12 0.05 170 0.36 430,418.15

> 12 - <= 24 5.32 5,014 10.55 42,568,331.77

> 24 - <= 36 61.88 27,865 58.64 495,009,643.75

> 36 - <= 42 0.70 445 0.94 5,616,197.23

> 42 - <= 48 14.22 6,902 14.52 113,726,239.52

> 48 - <= 53 0.06 35 0.07 470,936.09

> 53 17.77 7,091 14.92 142,178,196.07

100.00 47,522 100.00 799,999,962.58Total

WA Original Term (in months): 41.28

Min (in months):


11.00


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


21. Original TermFeb 28, 2017Portfolio as of:

Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Group

(in months)

<= 6 0.00 0 0.00 0.00

> 6 - <= 12 0.01 2 0.00 136.21

> 12 - <= 24 3.95 1,212 0.92 3,599,080.75

> 24 - <= 36 61.13 18,760 62.14 241,880,789.10

> 36 - <= 42 0.84 257 0.57 2,229,866.83

> 42 - <= 48 16.14 4,954 15.28 59,478,434.23

> 48 - <= 53 0.08 25 0.07 264,048.18

> 53 17.85 5,478 21.01 81,798,163.22

100.00 30,688 100.00 389,250,518.52Total

Min (in months):

Max (in months):

WA Original Term (in months):

12.00

96.00

42.76

0

40.000.000

80.000.000

120.000.000

160.000.000

200.000.000

240.000.000

280.000.000

<= 6 > 6 - <= 12 > 12 - <= 24 > 24 - <= 36 > 36 - <= 42 > 42 - <= 48 > 48 - <= 53 > 53

Original Term (in months)

Ag

gre

gat

e O

uts

tan

din

g P

rin

cip

al B

alan

ce

21a. Original Term (graph)


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


22. Vehicle ClassInitial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Group

BMW 1 Series 14.40 8,995 18.93 115,198,567.25

BMW 2 Series 2.04 682 1.44 16,337,828.01

BMW 3 Series 17.75 9,286 19.54 142,003,769.86

BMW 4 Series 2.31 521 1.10 18,483,272.60

BMW 5 Series 15.10 5,917 12.45 120,790,553.07

BMW 6 Series 0.82 187 0.39 6,575,744.10

BMW 7 Series 1.60 499 1.05 12,777,231.35

BMW X1 Series 7.73 3,372 7.10 61,818,271.14

BMW X3 Series 6.88 2,470 5.20 55,031,489.56

BMW X4 Series 0.79 155 0.33 6,321,760.58

BMW X5 Series 6.15 1,636 3.44 49,215,989.98

BMW X6 Series 1.96 423 0.89 15,672,941.91

BMW Z Series 1.58 707 1.49 12,614,013.48

MINI 9.73 5,741 12.08 77,866,905.17

Non BMW Group Models (incl. Motorcycles) 5.00 3,170 6.67 39,999,904.83

Other BMW Group (incl. Motorcycles) 6.16 3,761 7.91 49,291,719.69

100.00 47,522 100.00 799,999,962.58Total


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017



Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Group

BMW 1 Series 19.60 6,015 14.82 57,693,400.08

BMW 2 Series 1.80 552 2.66 10,363,528.70

BMW 3 Series 18.76 5,758 16.99 66,139,400.13

BMW 4 Series 1.36 418 2.95 11,497,931.47

BMW 5 Series 12.55 3,851 14.91 58,020,192.89

BMW 6 Series 0.42 128 0.78 3,052,224.97

BMW 7 Series 1.03 315 1.34 5,223,268.79

BMW X1 Series 7.74 2,375 8.36 32,527,884.42

BMW X3 Series 5.20 1,596 7.00 27,250,832.82

BMW X4 Series 0.39 120 0.94 3,670,920.29

BMW X5 Series 3.47 1,066 6.18 24,053,460.92

BMW X6 Series 0.88 270 1.95 7,583,239.56

BMW Z Series 1.37 421 1.45 5,626,190.11

MINI 12.78 3,923 10.23 39,832,963.70

Non BMW Group Models (incl. Motorcycles) 5.98 1,836 4.38 17,058,364.59

Other BMW Group (incl. Motorcycles) 6.66 2,044 5.05 19,656,715.08

100.00 30,688 100.00 389,250,518.52Total


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


23. Payment TypeInitial Portfolio:

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Group

Direct debit 99.70 47,379 99.69 797,508,997.40

Self payment 0.30 143 0.31 2,490,965.18

100.00 47,522 100.00 799,999,962.58Total


Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Group

Direct debit 97.42 29,896 98.50 383,414,559.49

Self payment 2.58 792 1.50 5,835,959.03

100.00 30,688 100.00 389,250,518.52Total

24. Interest Rates

Weighted Average Nominal Interest Rate (in %)

4.11

Aggregate Outstanding Principal Balance

Aggregate Principal Balance (Initial) 799,999,962.58

389,250,518.52 3.97


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


25. Credit Type

Initial Portfolio

Number of Contracts

(in % of total)

Number

of Contracts


(in % of total)


(in EUR)

Credit Type

Balloon 95.27 98.51 788,055,727.82 45,274

Equal Instalment Loan 4.73 1.49 11,944,234.76 2,248

Total 100.00 47,522 100.00 799,999,962.58


Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Credit Type

Balloon 96.78 29,699 99.30 386,506,931.46

Equal Instalment Loan 3.22 989 0.70 2,743,587.06

100.00 30,688 100.00 389,250,518.52Total


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


26. Contracts Per Customer

Initial Portfolio :

Number

of Contracts


(in % of total)


(in EUR)

Group Number of Contracts

(in % of total)

1 97.13 46,160 96.10 768,796,001.38

2 - 4 2.51 1,195 3.47 27,793,828.40

5 - 7 0.20 96 0.21 1,681,461.35

8 - 10 0.05 26 0.10 833,907.89

> 10 0.09 45 0.11 894,763.56

100.00 47,522 100.00 799,999,962.58Total


Number of Contracts

(in % of total)

Number

of Contracts


Principal Balance

(in % of total)


Principal Balance

(in EUR)

Group

1 97.65 29,967 96.65 376,206,931.28

2 - 4 2.14 658 3.06 11,912,240.91

5 - 7 0.13 40 0.14 547,928.27

8 - 10 0.03 8 0.08 304,374.43

> 10 0.05 15 0.07 279,043.63

100.00 30,688 100.00 389,250,518.52Total


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


Current PortfolioInitial Portfolio

27. Amortisation

Principal Balance in EURPrincipal Balance (in EUR)Period Reduction in EURPeriod

799,999,962.58 389,250,518.52

1 788,353,902.20 1 376,221,135.39 13,029,383.13

2 776,665,736.57 2 363,549,978.29 12,671,157.10

3 761,991,230.22 3 341,278,064.00 22,271,914.29

4 746,931,010.94 4 318,754,481.72 22,523,582.28

5 732,001,619.10 5 295,467,424.32 23,287,057.40

6 717,990,799.31 6 275,252,078.77 20,215,345.55

7 704,183,957.02 7 253,968,346.56 21,283,732.21

8 689,004,220.99 8 231,420,173.90 22,548,172.66

9 673,689,763.42 9 210,855,640.83 20,564,533.07

10 657,311,337.13 10 190,920,770.96 19,934,869.87

11 640,872,537.86 11 170,784,513.09 20,136,257.87

12 625,144,568.36 12 150,264,731.48 20,519,781.61

13 609,592,060.23 13 125,760,977.08 24,503,754.40

14 594,401,907.87 14 99,755,349.97 26,005,627.11

15 578,506,553.98 15 94,272,012.86 5,483,337.11

16 563,009,562.70 16 89,079,970.90 5,192,041.96

17 547,587,406.69 17 83,714,316.95 5,365,653.95

18 532,606,941.91 18 78,613,463.07 5,100,853.88

19 517,603,455.28 19 73,579,206.98 5,034,256.09

20 500,662,841.41 20 68,352,459.81 5,226,747.17

21 482,838,856.41 21 63,260,437.34 5,092,022.47

22 451,158,275.60 22 59,017,540.15 4,242,897.19

23 420,416,500.09 23 54,260,143.10 4,757,397.05

24 389,271,487.57 24 49,890,111.29 4,370,031.81

25 362,065,734.84 25 45,312,772.38 4,577,338.91

26 333,882,383.49 26 41,174,765.58 4,138,006.80

27 303,982,313.88 27 37,109,395.41 4,065,370.17

28 277,012,106.85 28 33,331,606.61 3,777,788.80

29 250,692,212.62 29 29,579,769.68 3,751,836.93

30 224,034,232.34 30 25,466,445.48 4,113,324.20


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


Current PortfolioInitial Portfolio

27. Amortisation

Principal Balance in EURPrincipal Balance (in EUR)Period Reduction in EURPeriod

31 197,512,001.74 31 21,948,023.57 3,518,421.91

32 166,685,824.56 32 17,845,080.83 4,102,942.74

33 133,828,304.58 33 14,185,607.73 3,659,473.10

34 126,184,773.02 34 11,534,284.53 2,651,323.20

35 119,220,121.78 35 8,707,335.86 2,826,948.67

36 112,032,352.08 36 6,031,075.76 2,676,260.10

37 105,032,460.01 37 3,148,250.70 2,882,825.06

38 98,147,369.15 38 4,472.58 3,143,778.12

39 91,205,892.60 39 2,100.74 2,371.84

40 84,339,004.79 40 330.04 1,770.70

41 78,564,344.60 41 0.00 330.04

42 72,247,135.57 42 0.00 0.00

43 66,397,411.29 43 0.00 0.00

44 60,516,430.54 44 0.00 0.00

45 54,906,460.64 45 0.00 0.00

46 49,536,518.63 46 0.00 0.00

47 44,486,039.88 47 0.00 0.00

48 39,400,610.42 48 0.00 0.00

49 33,878,544.53 49 0.00 0.00

50 29,063,053.13 50 0.00 0.00

51 23,562,016.95 51 0.00 0.00

52 18,722,938.29 52 0.00 0.00

53 15,109,705.02 53 0.00 0.00

54 11,257,241.77 54 0.00 0.00

55 7,554,487.84 55 0.00 0.00

56 3,949,498.54 56 0.00 0.00

57 6,209.43 57 0.00 0.00

58 3,120.66 58 0.00 0.00

59 627.58 59 0.00 0.00

60 0.00 60 0.00 0.00


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


28. Priority of Payments

Priority of Payments*

Available Distribution Amount 27,546,360.58+

Taxes 0.00-

Trustee Payment 0.00-

Senior Expenses - 2,755.59

Swap Net Payment - 76,368.15

0.00Class A Interest -

43,556.80Class B Interest -

Cash Reserve - 8,000,000.00

Principal Class A 19,423,680.04-

Principal Class B 0.00-

Swap Termination Event 0.00-

Subordinated Loan Interest 0.00-

Subordinated Loan Principal 0.00-

Seller 0.00-

*all Amounts in EUR


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


29. Transaction costs

TotalSubordinated LoanClass BClass A

Cumulative Unpaid Interest (in EUR)

Unpaid Interest for the Period (in EUR)

Cumulative Interest Payments (in EUR)

Interest payments for the Period (in EUR)

Interest accrued for the Period (in EUR)

Senior Expenses 2,755.59

123,428.89

5,463.11

0.00

123,428.89 0.00 0.00

302,808.00

0.00 0.00

897,556.80

5,463.11

1,200,364.80

43,556.80 0.00 43,556.80 0.00

49,019.91 5,463.11 43,556.80 0.00


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


30. Ratings

S&PFitch

Notes - current ratings

DBRSMoodys

Class A AAAN/AAAAN/A

Class B N/AN/AN/AN/A

no

no

Transaction Parties - current ratings

S&PFitch Trigger Breached

BMW AGlong term

short term

N/A A+

N/A A-1

Moodys DBRS

A1

P-1

A

N/A

Issuer Account Bank: noshort term

long termElavon Financial Services Limited, UK Branch N/AP-1A-1+F1+

AA- Aa2 N/AAA no

Royal Bank of Canadano

no

A-1+

AA-Swap Provider:

short term

long term AA

F1+

Aa3P-1

AAR-1 H

Elavon FS Ltd.no

no

A-1+

AA-

F1+

AA

short term

long termCalculation Agent:

Aa2

P-1

N/AN/A

Trustee:long term

short termAA

F1+

A+

A-1nono

US Bank Trustees Limited A1P-1

N/A

N/A

Royal Bank of CanadaSwap Provider:

Issuer Account Bank:

N/A

A

N/A

N/A

N/A

N/A

N/A

N/Along term

short term

short term

long term

short term

long term

BMW AG

Transaction Parties - required ratings

Fitch S&P DBRSMoodys

N/A

N/A

N/A

N/A

N/A

N/A

A

N/A

Elavon Financial Services Limited, UK BranchN/A

N/A

A+

A-1

N/A

N/A

A

R-1 L


Monthly Period


Reporting Date

Period No 19

Interest Period

Mar 09, 2017

Mar 20, 2017

Feb 28, 2017


31. Swap counterparty data

Swap counterparty data

Swap counterparty provider

Swap termination event

Royal Bank of Canada

No

Swap data

Swap type

Notional amount (in EUR)

Fixed rate (in %)

Floating rate (Euribor in %)

Net swap payments (in EUR)

(- from SPV / + to SPV)

Fixed floating interest rate swap

319,086,995.29

-0.060

-76,368.15

-0.372

compartment german auto loans 3 reporting date mar 09 ... · pdf...

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