SC Germany Vehicles 2013-1 Monthly Investor Report€¦ · 151- 180 days past due previous period...

SC Germany Vehicles 2013-1

Monthly Investor Report

SC Germany Vehicles 2013-1 Reporting Date 09.04.2019

Monthly Investor Report Payment Date 12.04.2019

Period No 66

Cover Sheet Monthly Investor Report Monthly Period Apr 2019

Interest Period from 12.03.2019 to 12.04.2019 = 31 days

Collection Period from 01.03.2019 to 31.03.2019

Index Page

1. Portfolio Information 1

2. Reserve Accounts 2

3. Delinquency Data 3

4. Default Data 4

5. Concentration Limits 5

6. Outstanding Notes 6

7. Original Principal Balance 7

7.1 Original PB (Graph) 8

8. Current Principal Balance 9

8.1 Current PB (Graph) 10

9. Borrower Concentration 11

10. Geographical Distribution 12

10.1 Geographical (Graph) 13

11. Object/Vehicle Type 14

12. Insurances 15

13. Contract Type 16

14. Payment Methods 17

15. Downpayment 18

16. Effective Interest Rate 19

16.1 Effective Interest Rate (Graph) 20

17. Seasoning 21

17.1 Seasoning (Graph) 22

18. Remaining Term 23

18.1 Remaining Term (Graph) 24

19. Original Term 25

19.1 Original Term (Graph) 26

20. Manufacturer Brands 27

21. Priority of Payments + Transaction Costs 28

22. Retention 30

23. Counterparties 31

24. Issuer Information 32

25. Santander Consumer Bank 33

Santander Consumer Bank AG

Santander-Platz 1

41061 Mönchengladbach



Period No 66

1. Portfolio Information Monthly Period Apr 2019



current period previous period

Outstanding ReceivablesNo. of

Contracts

Aggregate Outstanding

Principal Amount

Aggregate Outstanding

Principal Amount

Beginning of Period 20.437 152.826.989,38 € 162.840.140,96 €

Scheduled Principal Payments 7.276.516,05 €

Prepayment Principal 2.886.662,25 €

Others 45.880,45 €

Total Principal Collections 10.209.058,75 € 9.889.118,01 €

Total Interest Collections 691.428,30 € 736.173,43 €

Defaults 143.209,90 € 124.033,57 €

Replenishment - € - €

End of Period 19.294 142.474.720,73 € 152.826.989,38 €

Purchase Shortfall Account 38,27 € 55,62 €

Total Assets (End of Period) 142.474.759,00 € 152.827.045,00 €

Current Prepayment Rate (annualised) 20,5%


Santander-Platz 1




Period No 66

2. Reserve Accounts Monthly Period Apr 2019



Note BalanceBeginning of Period 152.827.045,00 €

End of Period 142.474.759,00 €

Reserve AccountsReserve Account in % Trigger Event y/n

Beginning of Period 4,58% 7.000.000,00 €

Cash Outflow - €

Cash Inflow - €

End of Period 4,91% 7.000.000,00 €

Required Reserve Fund 4,91% 7.000.000,00 €

Commingling Reserve in % no

Beginning of Period n/a

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Commingling Reserve Fund n/a

Set-Off Reserve in % no

Beginning of Period n/a

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Set-Off Reserve Fund n/a

Current Set-Off Amount n/a

Set-Off Amount (per Loan) n/a

Set-Off Amount (in % of Outstanding Balance) n/a


Santander-Platz 1




Period No 66

3. Delinquency Data Monthly Period Apr 2019




End of Period 142.474.759,00 €

Delinquency Data and Ratios3-MRA* /

current ratio Amount at risk Overdue amount

Number of

Loans

3-MRA* 1- 30 days past due 0,72%

1- 30 days past due period before previous period 1.383.618,29 € 379.316,57 € 166

1- 30 days past due previous period 1.127.408,49 € 210.223,82 € 137

1- 30 days past due current period 0,51% 777.106,03 € 82.592,66 € 115

3-MRA* 31- 60 days past due 0,67%

31- 60 days past due period before previous period 1.039.080,91 € 125.495,00 € 124

31- 60 days past due previous period 1.078.094,00 € 127.310,37 € 111


3-MRA* 61-90 days past due 0,31%

61- 90 days past due period before previous period 451.505,37 € 147.465,97 € 52

61- 90 days past due previous period 521.222,95 € 91.253,93 € 54














* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 66

4. Default Data Monthly Period Apr 2019




End of Period 142.474.759,00 €

Default Data and Ratios Amount Number of Loans

Current Default

Current Period Gross Default 143.209,90 €

Current Period Recoveries 39.929,83 €

Current Period Net Default 103.280,07 €

New Number of Defaulted Contracts 16

Cumulative Default

Cumulative Gross Default 20.702.571,27 €

Cumulative Recoveries 3.936.446,95 €

Cumulative Net Default 16.766.124,32 €

Total Number of Defaulted Contracts 2.266

3-MRA* /

current ratio Ratio

3-MRA* Annualised Net Default Ratio (New Default) 0,83%

Annualised Loss Ratio period before previous period 1,15%

Annualised Loss Ratio previous period 0,46%

Annualised Loss Ratio current period 0,87% 0,87%

Principal Deficiency Trigger Event y/n

Principal Deficiency period before previous period - € no

Principal Deficiency previous period - €

Principal Deficiency current period - €

PDL Trigger 2.500.000,00 €

Repurchased Assets

Current Repurchased Asset Amount through breach of warranty or voluntary buyback - €

Cumulative Repurchased Asset Amount through breach of warranty or voluntary buyback - €

* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 66

5. Concentration Limits Monthly Period Apr 2019



Current Transaction Status Amortizing

Portfolio Concentrations Minimum-Trigger Maximum-Trigger Current Value Trigger Breach

New Vehicles (applicable for Replenishment Portfolio) 45,00% - - -

Average Yield (applicable for Replenishment Portfolio) 4,50% - - -

Contracts with Balloon Rates (applicable for Total Portfolio) - 45,00% - -

Remaining Term (applicable for Total Portfolio) - 55,00 - -

Early Amortisation Events Maximum-Trigger Current Value Trigger Breach

Cumulative Loss Ratio

- prior to 30 September 2014 0,75% - -



Purchase Shortfall Event -

Period before previous period -

Previous period -

Current period -

Principal Deficiency Event - -

Total Sold Receivables 1.645.278.869,84 €


Santander-Platz 1




Period No 66

6. Outstanding Notes Monthly Period Apr 2019



1. Note Balance All notes Class A Class BGeneral Note Information

ISIN Code XS0980215825 XS0980216807

Currency EUR EUR

Initial Tranching in % 90,0% 10,0%

Legal Maturity Oct 2027 Oct 2027

Expected Maturity Mrz 2020 Mrz 2020

Original Rating (DBRS / S&P) A(sf) / A(sf) NR / NR

Current Rating (DBRS / S&P)* AA (high) (sf) / AA-(sf) NR / NR

Initial Notes Aggregate Principal Outstanding Balance 700.000.000,00 € 630.000.000,00 € 70.000.000,00 €

Initial Nominal per Note 100.000,00 € 100.000,00 €

Initial Number of Notes per Class 6.300 700

Current Note Information

Class Principal Outstanding Balance Beginning of Period 152.827.045,00 € 82.827.045,00 € 70.000.000,00 €

Available Distribution Amount 17.940.472,50 €

Replenishment 0,00 €

Amortisation 10.352.286,00 €

Redemption per Class 10.352.286,00 € 10.352.286,00 € 0,00 €

Redemption per Note 1.643,22 € 0,00 €

Class Principal Outstanding Balance End of Period 142.474.759,00 € 72.474.759,00 € 70.000.000,00 €

Current Tranching 50,9% 49,1%

Current Pool Factor 0,12 1,00

2. Payments to Investors per Note All notes Class A Class B Interest Rate Basis: Fixed 1,593% 2,802%

DayCount Convention act/360 act/360

Interest Days 31

Principal Outstanding per Note Beginning of Period 13.147,15 € 100.000,00 €

> Principal Repayment per Note 1.643,22 € 0,00 €

Principal Outstanding per Note End of Period 11.503,93 € 100.000,00 €

> Interest accrued for the period 113.589,00 € 168.896,00 €

Interest Payment 113.589,00 € 168.896,00 €

Interest Payment per Note 18,03 € 241,28 €

3. Credit Enhancements Class A Class B Initial total CE (Subordination, Reserve) 11,00% 1,00%

Current CE (incl. Excess Spread) 56,61% 7,48%

Current CE (excl. Excess Spread) 54,04% 4,91%

* Last rating action as of 23.08.2018


Santander-Platz 1




Period No 66

7. Original Principal Balance Monthly Period Apr 2019



Original Principal Balance

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of

Total Balance Number of Loans

Percentage of Total

Loans

0: 1999 11.368,82 0,00% 7 0,04%

2000: 3999 492.270,57 0,13% 150 0,78%

4000: 5999 2.585.979,68 0,68% 503 2,61%

6000: 7999 6.762.840,19 1,79% 954 4,94%

8000: 9999 11.675.268,11 3,09% 1.288 6,68%

10000:11999 18.863.216,93 4,99% 1.718 8,90%

12000:13999 22.711.576,88 6,01% 1.748 9,06%

14000:15999 26.775.061,89 7,08% 1.784 9,25%

16000:17999 28.355.718,75 7,50% 1.670 8,66%

18000:19999 30.048.786,00 7,95% 1.582 8,20%

20000:21999 32.139.826,77 8,50% 1.533 7,95%

22000:23999 29.701.131,91 7,86% 1.292 6,70%

24000:25999 26.063.187,38 6,89% 1.044 5,41%

26000:27999 22.674.051,57 6,00% 842 4,36%

28000:29999 18.812.883,79 4,98% 650 3,37%

30000:31999 17.590.130,73 4,65% 568 2,94%

32000:33999 12.290.938,98 3,25% 373 1,93%

34000:35999 10.378.503,40 2,75% 297 1,54%

36000:37999 9.636.505,95 2,55% 261 1,35%

38000:39999 7.599.330,62 2,01% 195 1,01%

40000:41999 6.921.368,74 1,83% 169 0,88%

42000:43999 4.934.460,98 1,31% 115 0,60%

44000:45999 4.538.620,95 1,20% 101 0,52%

46000:47999 3.096.379,96 0,82% 66 0,34%

48000:49999 3.379.415,39 0,89% 69 0,36%

50000:51999 2.337.263,43 0,62% 46 0,24%

52000:53999 1.847.846,40 0,49% 35 0,18%

54000:55999 1.813.760,26 0,48% 33 0,17%

56000:57999 1.769.143,25 0,47% 31 0,16%

58000:59999 2.006.056,09 0,53% 34 0,18%

60000:61999 1.156.590,52 0,31% 19 0,10%

62000:63999 882.346,60 0,23% 14 0,07%

64000:65999 1.363.887,42 0,36% 21 0,11%

66000:67999 802.311,74 0,21% 12 0,06%

68000:69999 342.763,26 0,09% 5 0,03%

70000:70000 210.000,00 0,06% 3 0,02%70001: 5.441.164,65 1,44% 62 0,32%

Total 378.011.958,56 100,00% 19.294 100,00%

Statistics in EUR

Average Amount 19.592,20


Santander-Platz 1




Period No 66

7.1 Original PB (Graph) Monthly Period Apr 2019



0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

35.000.000

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Santander-Platz 1




Period No 66

8. Current Principal Balance Monthly Period Apr 2019



Current Principal Balance

(Ranges in EUR)

Current Principal

Balance in EUR

Percentage of Total

Balance Number of Loans

Percentage of Total

Loans

0: 1999 3.772.499,51 2,65% 3.885 20,14%

2000: 3999 10.068.136,70 7,07% 3.368 17,46%

4000: 5999 13.996.927,16 9,82% 2.820 14,62%

6000: 7999 16.372.241,21 11,49% 2.350 12,18%

8000: 9999 15.834.878,86 11,11% 1.769 9,17%

10000:11999 15.600.747,16 10,95% 1.423 7,38%

12000:13999 14.037.283,43 9,85% 1.084 5,62%

14000:15999 11.087.608,24 7,78% 743 3,85%

16000:17999 9.024.679,47 6,33% 534 2,77%

18000:19999 6.615.733,77 4,64% 349 1,81%

20000:21999 5.422.115,20 3,81% 259 1,34%

22000:23999 4.436.344,02 3,11% 193 1,00%

24000:25999 3.165.206,17 2,22% 127 0,66%

26000:27999 3.186.305,75 2,24% 118 0,61%

28000:29999 1.935.915,40 1,36% 67 0,35%

30000:31999 1.459.284,69 1,02% 47 0,24%

32000:33999 921.670,67 0,65% 28 0,15%

34000:35999 1.018.032,08 0,71% 29 0,15%

36000:37999 667.918,50 0,47% 18 0,09%

38000:39999 1.018.606,32 0,71% 26 0,13%

40000:41999 535.934,22 0,38% 13 0,07%

42000:43999 385.323,19 0,27% 9 0,05%

44000:45999 271.389,98 0,19% 6 0,03%

46000:47999 281.895,55 0,20% 6 0,03%

48000:49999 294.290,71 0,21% 6 0,03%

52000:53999 106.949,44 0,08% 2 0,01%

54000:55999 328.284,27 0,23% 6 0,03%

56000:57999 170.052,61 0,12% 3 0,02%

64000:65999 64.709,49 0,05% 1 0,01%

68000:69999 138.911,43 0,10% 2 0,01%70001: 254.845,53 0,18% 3 0,02%

Total 142.474.720,73 100,00% 19.294 100,00%

Statistics in EUR

Average Amount 7.384,41


Santander-Platz 1




Period No 66

8.1 Current PB (Graph) Monthly Period Apr 2019



0

2.000.000

4.000.000

6.000.000

8.000.000

10.000.000

12.000.000

14.000.000

16.000.000

18.000.000

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Santander-Platz 1




Period No 66

9. Borrower Concentration Monthly Period Apr 2019



No

Current Principal

Balance in EUR

Percentage of


1 98.298,04 0,0690% 1

2 78.577,62 0,0552% 1

3 77.969,87 0,0547% 1

4 69.854,92 0,0490% 1

5 69.056,51 0,0485% 1

6 64.709,49 0,0454% 1

7 58.571,18 0,0411% 2

8 57.185,85 0,0401% 1

9 56.459,70 0,0396% 1

10 55.742,19 0,0391% 1

11 54.912,64 0,0385% 2

12 54.834,33 0,0385% 1

13 54.780,06 0,0384% 1

14 54.674,58 0,0384% 1

15 54.140,81 0,0380% 1

16 54.112,30 0,0380% 1

17 53.725,90 0,0377% 1

18 53.223,54 0,0374% 1

19 50.945,07 0,0358% 2

20 50.703,40 0,0356% 4

21 49.649,71 0,0348% 1

22 49.438,83 0,0347% 1

23 49.366,75 0,0346% 1

24 48.977,28 0,0344% 1

25 48.822,52 0,0343% 1

1.468.733,09 1,0309% 31


Santander-Platz 1




Period No 66

10. Geographical Distribution Monthly Period Apr 2019



State

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Baden-Wuerttemberg 11.355.822,26 7,97% 1.408 7,30%

Bavaria 13.296.211,65 9,33% 1.665 8,63%

Berlin 4.812.479,83 3,38% 708 3,67%

Brandenburg 10.953.937,32 7,69% 1.562 8,10%

Bremen 816.700,15 0,57% 104 0,54%

Hamburg 2.521.600,89 1,77% 313 1,62%

Hesse 9.396.218,92 6,60% 1.184 6,14%

Lower Saxony 13.221.207,27 9,28% 1.793 9,29%

Mecklenburg-Western Pomerania8.864.740,54 6,22% 1.214 6,29%

North Rhine-Westphalia 25.541.087,46 17,93% 3.559 18,45%

Rhineland-Palatinate 5.716.580,79 4,01% 750 3,89%

Saarland 1.695.069,95 1,19% 207 1,07%

Saxonia 10.813.011,40 7,59% 1.559 8,08%

Saxony-Anhalt 8.512.255,59 5,97% 1.239 6,42%

Schleswig-Holstein 6.367.481,88 4,47% 896 4,64%

Thuringia 7.971.602,69 5,60% 1.065 5,52%

n/a 618.712,14 0,43% 68 0,35%

Total 142.474.720,73 100,00% 19.294 100,00%


Santander-Platz 1




Period No 66

10.1 Geographical Distribution (Graph) Monthly Period Apr 2019



0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

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Santander-Platz 1




Period No 66

11. Object/Vehicle Type Monthly Period Apr 2019



Vehicle Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

New Vehicle 68.871.512,42 48,34% 8.400 43,54%Used Vehicle 73.603.208,31 51,66% 10.894 56,46%

Total 142.474.720,73 100,00% 19.294 100,00%

Object Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Car 136.666.197,05 95,92% 18.272 94,70%

Leisure 3.986.400,25 2,80% 424 2,20%Motorbike 1.822.123,43 1,28% 598 3,10%

Total 142.474.720,73 100,00% 19.294 100,00%


Santander-Platz 1




Period No 66

12. Insurances Monthly Period Apr 2019



Payment Protection

Insurance

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 84.555.246,66 59,35% 10.723 55,58%Yes 57.919.474,07 40,65% 8.571 44,42%

Total 142.474.720,73 100,00% 19.294 100,00%

Gap Insurance

(Santander Safe)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 106.038.667,32 74,43% 14.631 75,83%Yes 36.436.053,41 25,57% 4.663 24,17%

Total 142.474.720,73 100,00% 19.294 100,00%

Repair Cost Insurance

(Santander AutoCare)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 130.506.714,57 91,60% 17.635 91,40%Yes 11.968.006,16 8,40% 1.659 8,60%

Total 142.474.720,73 100,00% 19.294 100,00%


Santander-Platz 1




Period No 66

13. Type of Contract Monthly Period Apr 2019



Contracts w/Balloon Payments

Current Principal Balance

in EUR

Percentage of Total


Percentage of Total

Loans

No 87.225.669,11 61,22% 14.886 77,15%

Yes 55.249.051,62 38,78% 4.408 22,85%

- of which balloon rates 42.153.759,92 29,59%

- of which regular installments 13.095.291,70 9,19%

Total 142.474.720,73 100,00% 19.294 100,00%

Balloon Loans - Original Term

in months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

26:38 1.351.803,23 3,21% 136 3,09%

39:51 16.179.422,76 38,38% 1.652 37,48%

52:64 24.360.220,41 57,79% 2.610 59,21%

65:72 132.961,83 0,32% 6 0,14%73: 129.351,69 0,31% 4 0,09%

Total 42.153.759,92 100,00% 4.408 100,00%

Balloon Loans - Remaining

Term in months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

0:12 23.228.529,41 55,10% 2.449 55,56%

13:25 17.500.578,01 41,52% 1.818 41,24%26:38 1.424.652,50 3,38% 141 3,20%

Total 42.153.759,92 100,00% 4.408 100,00%


Santander-Platz 1




Period No 66

14. Payment Methods Monthly Period Apr 2019



Payment Method

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Direct Debit 136.422.500,80 95,75% 18.513 95,95%Other 6.052.219,93 4,25% 781 4,05%

Total 142.474.720,73 100,00% 19.294 100,00%

Cycle of Payment

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

15th of month 76.487.737,95 53,69% 10.303 53,40%1st of month 65.986.982,78 46,31% 8.991 46,60%

Total 142.474.720,73 100,00% 19.294 100,00%


Santander-Platz 1




Period No 66

15. Downpayment Monthly Period Apr 2019



Downpayment

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of

Total Balance Number of Loans

Percentage of Total

Loans

Downpayment /

Purchase Price in %

No Downpayment 47.313.121,64 33,21% 6.279 32,54% 0,00%

0: 999 1.378.404,69 0,97% 326 1,69% 4,84%

1000: 1999 5.428.170,08 3,81% 1.227 6,36% 10,24%

2000: 2999 9.513.384,19 6,68% 1.843 9,55% 14,34%

3000: 3999 11.262.363,48 7,90% 1.875 9,72% 16,97%

4000: 4999 10.691.599,73 7,50% 1.512 7,84% 18,69%

5000: 5999 13.610.612,61 9,55% 1.751 9,08% 20,47%

6000: 6999 8.017.900,35 5,63% 941 4,88% 23,15%

7000: 7999 6.045.191,88 4,24% 652 3,38% 25,00%

8000: 8999 4.642.975,01 3,26% 525 2,72% 27,57%

9000: 9999 2.861.416,31 2,01% 289 1,50% 28,61%

10000:10999 7.298.089,59 5,12% 774 4,01% 30,30%

11000:11999 1.780.451,69 1,25% 181 0,94% 31,24%

12000:12999 1.714.768,32 1,20% 180 0,93% 34,10%

13000:13999 1.414.190,56 0,99% 127 0,66% 34,14%

14000:14999 1.015.338,84 0,71% 104 0,54% 37,62%

15000:15000 2.014.347,41 1,41% 190 0,98% 37,06%15001: 6.472.394,35 4,54% 518 2,68% 42,01%

Total 142.474.720,73 100,00% 19.294 100,00% 17,19%

Downpayment and

Purchase Price All Contracts

Contracts with

Downpayment

Average Downpayment 3.891,32 € 5.768,66 €

Average Purchase Price 22.640,80 € 24.397,77 €

Minimum Downpayment 100,00 €

Maximum Downpayment 118.000,00 €

Downpayment in % 17,19% 23,64%


Santander-Platz 1




Period No 66

16. Effective Interest Rate Monthly Period Apr 2019



Yield Range*

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

1: 1 779.340,13 0,55% 82 0,43%

2: 2 2.000.408,52 1,40% 275 1,43%

3: 3 55.908.052,65 39,24% 6.025 31,23%

4: 4 51.506.611,60 36,15% 6.900 35,76%

5: 5 20.370.766,26 14,30% 3.602 18,67%

6: 6 8.508.770,04 5,97% 1.583 8,20%

7: 7 2.238.296,27 1,57% 524 2,72%

8: 8 728.135,42 0,51% 181 0,94%

9: 9 346.487,06 0,24% 105 0,54%

10:10 83.105,81 0,06% 15 0,08%11:11 4.746,97 0,00% 2 0,01%

Total 142.474.720,73 100,00% 19.294 100,00%

Statistics in %

WA Interest 4,75%

*runs from .00 to .99


Santander-Platz 1




Period No 66

16.1 Effective Interest Rate (Graph) Monthly Period Apr 2019



*runs from .00 to .99

0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

1: 1 2: 2 3: 3 4: 4 5: 5 6: 6 7: 7 8: 8 9: 9 10:10 11:11

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Yield Range*


Santander-Platz 1




Period No 66

17. Seasoning Monthly Period Apr 2019



Seasoning in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

30:32 1.081.167,31 0,76% 119 0,62%

33:35 14.105.516,18 9,90% 1.423 7,38%

36:38 20.557.808,07 14,43% 2.183 11,31%

39:41 20.302.360,43 14,25% 2.179 11,29%

42:44 18.827.559,06 13,21% 2.274 11,79%

45:47 18.754.423,93 13,16% 2.494 12,93%

48:50 13.028.790,29 9,14% 1.660 8,60%

51:53 4.434.412,82 3,11% 578 3,00%

54:56 4.432.101,04 3,11% 688 3,57%

57:59 5.177.362,65 3,63% 837 4,34%

60:62 3.365.262,31 2,36% 605 3,14%

63:65 2.493.520,02 1,75% 426 2,21%

66:68 2.690.003,79 1,89% 534 2,77%

69:71 3.898.336,85 2,74% 810 4,20%

72:74 2.619.625,23 1,84% 543 2,81%

75:77 1.575.046,18 1,11% 300 1,55%

78:80 1.398.537,69 0,98% 316 1,64%81: 3.732.886,88 2,62% 1.325 6,87%

Total 142.474.720,73 100,00% 19.294 100,00%

Statistics

WA Seasoning 47,25


Santander-Platz 1




Period No 66

17.1 Seasoning (Graph) Monthly Period Apr 2019



0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30:32 33:35 36:38 39:41 42:44 45:47 48:50 51:53 54:56 57:59 60:62 63:65 66:68 69:71 72:74 75:77 78:80 81:

Cu

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t P

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cip

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Bala

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Seasoning in Months


Santander-Platz 1




Period No 66

18. Remaining Term Monthly Period Apr 2019



Remaining Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 6 16.868.938,82 11,84% 4.709 24,41%

7:13 26.043.298,40 18,28% 4.205 21,79%

14:20 27.365.826,55 19,21% 3.519 18,24%

21:27 25.514.332,80 17,91% 2.835 14,69%

28:34 10.917.015,64 7,66% 1.261 6,54%

35:41 10.735.212,54 7,53% 988 5,12%

42:48 8.308.142,14 5,83% 677 3,51%

49:55 9.545.525,08 6,70% 669 3,47%

56:62 6.418.552,73 4,51% 388 2,01%63:69 757.876,03 0,53% 43 0,22%

Total 142.474.720,73 100,00% 19.294 100,00%

Statistics

WA Remaining Term 24,11


Santander-Platz 1




Period No 66

18.1 Remaining Term (Graph) Monthly Period Apr 2019



0

5.000.000

10.000.000

15.000.000

20.000.000

25.000.000

30.000.000

0: 6 7:13 14:20 21:27 28:34 35:41 42:48 49:55 56:62 63:69

Cu

rren

t P

rin

cip

al

Bala

nce

Remaining Term in Months


Santander-Platz 1




Period No 66

19. Original Term Monthly Period Apr 2019



Original Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

13:25 213,63 0,00% 1 0,01%

26:38 1.638.803,27 1,15% 531 2,75%

39:51 24.428.084,53 17,15% 3.920 20,32%

52:64 50.302.389,81 35,31% 6.027 31,24%

65:77 15.745.142,73 11,05% 2.706 14,03%

78: 50.360.086,76 35,35% 6.109 31,66%

Total 142.474.720,73 100,00% 19.294 100,00%

Statistics

WA Original Term 71,36


Santander-Platz 1




Period No 66

19.1 Original Term (Graph) Monthly Period Apr 2019



0

10.000.000

20.000.000

30.000.000

40.000.000

50.000.000

60.000.000

13:25 26:38 39:51 52:64 65:77 78:

Cu

rren

t P

rin

cip

al

Bala

nce

Original Term in Months


Santander-Platz 1




Period No 66

20. Manufacturer Brands Monthly Period Apr 2019



Manufacturer

brands

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

1 14.506.884,95 10,18% 1.914 9,92%

2 12.468.979,81 8,75% 1.364 7,07%

3 11.822.246,89 8,30% 1.855 9,61%

4 10.438.030,81 7,33% 1.131 5,86%

5 7.738.870,71 5,43% 1.263 6,55%

6 7.499.746,97 5,26% 659 3,42%

7 7.218.434,95 5,07% 955 4,95%

8 6.785.885,11 4,76% 1.156 5,99%

9 6.661.424,74 4,68% 1.166 6,04%

10 6.090.004,27 4,27% 595 3,08%

11 6.064.852,18 4,26% 811 4,20%

12 6.030.251,56 4,23% 673 3,49%

13 5.468.293,84 3,84% 738 3,83%

14 4.364.867,47 3,06% 445 2,31%

15 3.673.656,39 2,58% 630 3,27%

116.832.430,65 82,00% 15.355 79,58%

TOP 15 manufacturer brands in alphabetical order:

Audi, BMW, Citroen, Fiat, Ford, Hyundai, Kia, Mazda, Mercedes, Nissan, Opel, Peugeot, Renault, Volvo, VW


Santander-Platz 1




Period No 66

21. Priority of Payments + Transaction Costs Monthly Period Apr 2019



Priority of Payments

Available Distribution Amount 17.940.472,50 €

Senior Expenses - 4.192,50 €

Interest Notes Class A - 113.589,00 €

Interest Notes Class B - 168.896,00 €

Replenishment - - €

Payments to Purchase Shortfall Account - 38,27 €

Payments to Reserve Fund - 7.000.000,00 €

Principal Payments Class A - 10.352.286,00 €

Principal Payments Class B - - € Payments to Commingling Reserve Ledger - n/a

Payments to Set-Off Reserve Ledger - n/a

Interest Subordinated Loan - 25.931,50 €

Principal Payments Subordinated Loan - - €

Payments to Seller = 275.539,23 €

Transaction Costs All notes Class A Class B Senior Expenses 4.192,50 €-

Interest accrued for the Period 282.485,00 €- 113.589,00 €- 168.896,00 €-

Cumulative Interest accrued 53.653.019,00 €- 42.772.716,00 €- 10.880.303,00 €-

Interest Payments 282.485,00 €- 113.589,00 €- 168.896,00 €-

Cumulative Interest Payments 53.653.019,00 €- 42.772.716,00 €- 10.880.303,00 €-

Interest accrued on Subordinated Loan for the Period 25.931,50 €-

Cumulative Interest accrued on Subordinated Loan 1.670.490,50 €-

Interest Payments on Subordinated Loan 25.931,50 €-

Cumulative Interest Payments on Subordinated Loan 1.670.490,50 €-

Unpaid Interest for the Period - €

Cumulative Unpaid Interest - €


Santander-Platz 1




Period No 66

22. Retention Monthly Period 12.04.2019



699.999.999,22 €

152.826.989,38 €

142.474.720,73 €

7.000.000,00 €

7.000.000,00 €

7.000.000,00 €

70.000.000,00 €

70.000.000,00 €

70.000.000,00 €

11,00%

50,38%

54,04%Net Economic Interest Ratio as of the end of the Monthly Period:

Santander Consumer Bank AG confirms its compliance to have continuously retained a net economic interest in the SC Germany Vehicles 2013-1 securitisation

transaction of at least 5% of the securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and

of the Council of 26 June 2013) by retaining the regulatory first loss tranche which is represented by the Subordinated Loan of at least 1% and by retaining the

regulatory second loss tranche which is represented by the Class B Notes of at least 4%.

Outstanding Balance of the Class B Notes as of the Offer Date:

Outstanding Balance of the Class B Notes as of the beginning of the Monthly Period:

Outstanding Balance of the Class B Notes of the end of the Monthly Period:

Net Economic Interest Ratio as of Offer Date:

Net Economic Interest Ratio as of the beginning of the Monthly Period:

Outstanding Principal Balance of Purchased Receivables as of the end of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the Offer Date:

Outstanding Principal Balance of the Subordinated Loan as of the beginning of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the end of the Monthly Period:

Outstanding Principal Balance of Purchased Receivables as of the Offer Date:

Outstanding Principal Balance of Purchased Receivables as of the beginning of the Monthly Period:


Santander-Platz 1


SC Germany Vehicles 2013-1 09.04.2019

Monthly Investor Report 12.04.2019

66

23. Counterparties Apr 2019

from 12.03.2019 to 12.04.2019 = 31 days

from 01.03.2019 to 31.03.2019

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Counterpart

y status

Calculation Agent, Cash Administrator: Intertrust (Ireland) Limited - - - - - - performing

1st Floor, 1-2 Victoria Buildings

[email protected] Haddington Road

Phone +353 (0)1 6975 350 Dublin 4 D04 XN32, Ireland

Account Bank and Principal Paying Agent: Bank of New York Mellon AA R-1H POS AA- A-1+ STABLE performing

Friedrich-Ebert-Anlage 49

eMail: [email protected] 60327 Frankfurt am MainPhone: +49 69 12014 1772 Germany

Transaction Security Trustee: Wilmington Trust SP Services (Frankfurt) GmbH - - - - - - performing

Steinweg 3-5

eMail: [email protected] 60313 Frankfurt am Main

Phone: +49 (0)69 9288 49512 Germany

Data Trustee: Circumference FS (Netherlands) B.V. - - - - - - performing

Barbara Strozzilaan 101

eMail: [email protected] 1083 HN Amsterdam

Phone: +31 20 205 0132 The Netherlands

Rating Agencies: DBRS Ratings Ltd. Standard & Poor's Ratings Services

Structured Finance Structured Finance

1 Minister Court, 10th floor, Mincing Lane 20 Canada Square

EC3R 7 AA London E14 5LH London

United Kingom United Kingdom

Ratings as of 31.03.2019, data source: Bloomberg

DBRS S & P

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

Collection Period


Santander-Platz 1


mailto:[email protected]






Period No 66

24. Issuer Information Monthly Period Apr 2019



Deal Name: SC Germany Vehicles 2013-1

Issuer: SC Germany Vehicles 2013-1 UG (haftungsbeschränkt)

The Managing Directors

Grüneburgweg 58-62

60322 Frankfurt am Main

Germany

eMail [email protected]

fax +49 (0) 69 643 50 8925

LEI: 391200MKWPTO6FNJBG27

Seller of the Receivables: Santander Consumer Bank AG

Servicer Name: Santander Consumer Bank AG

Reporting Entity: Santander Consumer Bank AG

Capital Markets

Santander-Platz 1

41061 MönchengladbachGermany


fax +49 (0) 2161 690 7077

SPV-Administrator: Intertrust (Deutschland) GmbH

Grüneburgweg 58-62

60322 Frankfurt am Main

Germany


fax +49 (0) 69 643 50 8925


Santander-Platz 1




66

25. Santander Consumer Bank Apr 2019

from 12.03.2019 to 12.04.2019 = 31 days

from 01.03.2019 to 31.03.2019

Contact DetailsCapital Markets

Peter René Müller +49-2161-690-7337 [email protected]

Ralf Schüring +49-2161-690-5464 [email protected]

Bastian Menges +49-2161-690-7085 [email protected]

Stefan Zilligen +49-2161-690-6069 [email protected]

Robert Westermann +49-2161-690-7424 [email protected]

Team ABS [email protected]

Ratings Santander

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

AH R-1M STABLE A A-1 STABLE

- - - A- A-2 STABLE

- - - A- A-2 STABLE

Ratings as of 31.03.2019, data source: Bloomberg


Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

S & P

Collection Period

Banco Santander S.A.

Santander Consumer Finance S.A.

DBRS


Santander-Platz 1




66

26. Glossary Apr 2019

from 12.03.2019 to 12.04.2019 = 31 days

from 01.03.2019 to 31.03.2019

Aggregate Outstanding Principal Amount: Shall mean in respect of all Purchased Receivables at any time, the aggregate of the Outstanding Principal Amounts of all Purchased Receivables

which, as of such time, are not defaulted receivables.

Balloon Loan: A loan where the final payment due is higher than any of the previous loan instalments payable by the relevant debtor.

Balloon Payment: The final payment of a balloon loan.

Defaulted Contracts/Defaults: Shall mean as of any date, any purchased receivable which has been declared due and payable in full in accordance to the Credit and Collection Policy

which in principal is between 120 and 180 calendar days after the due date.

Delinquent Receivable: Shall mean as of any date, any purchased receivable which is more than 30 days overdue and not a defaulted contract.

Downpayment: The initial upfront portion of the total net amount due at the time of finalizing the contract.

Excess Spread: Excess Spread equals WA Portfolio Yield minus WA Notes Margin

Gap Insurance: Insurance which covers the risk that loss is incurred if the relevant Financed Vehicle has to be completely written off (total damage) due to fire, accident (irrespective

of whether such accident was caused by the Debtor or a third party), flooding or theft

Legal Maturity: Final Payment date on which all outstanding notes will mature.

Expected Maturity: Maturity date of the notes under the assumption of inter alia (a) a 14% constant prepayment rate, (b) an exercised Clean-Up Call at 10%

and (c) 0% cumulative gross losses.

Leisure: Is composed of motorised and not motorised caravans and campers.

Payment Protection Insurance: Insurance, composed of life insurance and/or accident insurance and/or temporary disability insurance and/or unemployment insurance, which covers

the risk that a Debtor in its capacity as insured person is unable to pay the Loan Instalments owed by such Debtor life insurance

Recoveries: Any amount received on defaulted contracts

Repair Cost Insurance: Insurance which covers repair costs for the repair of certain important components of the Financed Vehicle

Set-Off Reserves: Protection against set-off risks due to deposits

Used Vehicle Shall mean any Financed Vehicle the date of purchase of which by the relevant debtor was later than 12 months after the date of first registration

of such Financed Vehicle

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

SC Germany Vehicles 2013-1 Monthly Investor Report€¦ · 151- 180 days past due previous period...

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Transcript of SC Germany Vehicles 2013-1 Monthly Investor Report€¦ · 151- 180 days past due previous period...