Item 1. Business.
The Registrant (formerly Deutsche Floorplan Receivables Master Trust) is a Grantor Trust created by Deutsche Floorplan Receivables, L.P., a limited purpose partnership ("Partnership") formerly known as ITT Floorplan Receivables, L.P.
Item 3.
Item 3. Legal Proceedings.*
None
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders.*
None
PART II
Item 5.
Item 5. Market for Registrant's Common Equity and Related Stockholder Matters.*
Registrant, on behalf of the Partnership reports that as of December 31, 2000 the Trust had no certificates outstanding which previously bore identifications as follows:
Floating Rate Asset Backed Certificates, Series 2000-3 Class A, aggregating $1,193,750,000.00 Floating Rate Asset Backed Certificates, Series 2000-3 Class B, aggregating $37,500,000.00 Floating Rate Asset Backed Certificates, Series 2000-3 Class C, aggregating $18,750,000.00 Floating Rate Asset Backed Certificates, Series 2000-4, aggregating $1,000,000,000.00 Total Outstanding = $2,250,000,000.00
PART IV
Item 14.
Item 14. Exhibits, Financial Statement Schedules, and Reports on Form 8-K.*
(a) Financial Statements.
The Registrant includes as exhibit hereto the Independent Accountants' Report with respect to all series of Certificates issued and outstanding by Distribution Financial Services Floorplan Master Trust.
(b) Reports on Form 8-K.
The Partnership has filed reports on Form 8-K for each month commencing August 2000 and ending December 2000 reporting Item 5. Other Events and including therewith as an exhibit, the Distribution Date Statement for the prior month's Collection Period with respect to (i) the Series 2000-3, Class A Certificates, (ii) the Series 2000-3, Class B Certificates, and (iii) the Series 2000-3, Class C Certificates, and (iv) the Series 2000-4 Certificates, which are outstanding by Distribution Financial Services Floorplan Master Trust.
In addition, under Item 5. Other Events, the Partnership reported in Form 8-K, certain specified distributions to Certificateholders made during such month. Included with each Form 8-K, the Partnership filed as exhibits thereto copies of the monthly Certificateholders' Statements required for such distributions.
SIGNATURES
Pursuant to the requirements of Section 13 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
DISTRIBUTION FINANCIAL SERVICES FLOORPLAN MASTER TRUST
By: 	Deutsche Floorplan Receivables, L.P.
By: 	Deutsche Floorplan Receivables, Inc. 	Its General Partner
By: 	 /s/ W. Steven Culp 	 Controller
	March 21, 2001
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
Signature/Title					 Date
/s/ W. Steven Culp March 21, 2001 Controller Deutsche Floorplan Receivables, Inc., General Partner
/s/ Richard C. Goldman				 March 21, 2001 Senior Vice President, Secretary Director Deutsche Floorplan Receivables, Inc., General Partner
/s/ C. Don Brown					 March 21, 2001 Director Deutsche Floorplan Receivables, Inc., General Partner
/s/ Phil Stout					 March 21, 2001 Director Deutsche Floorplan Receivables, Inc., General Partner
EXHIBIT INDEX
					 Incorporated by reference to Exhibit						 Exhibit in Registration Number		Title				 Statement Number 333-10943
2	 Plan of acquisition, reorganization, 	 arrangement, liquidation or succession		 Not Applicable
3	 Articles of Incorporation and By Laws		 Not Applicable
4	 Instruments defining the rights of security	holders, including indentures			Exhibits 4.1 & 4.2
9	 Voting trust agreements					 Not Applicable
10	 Material Contracts					 Exhibit 10.1
11	 Statement re computation of 	 per share earnings					 Not Applicable
12	 Statement re computation of ratios			 Not Applicable
13	 Annual report of security holders, 	 Form 10-Q or quarterly reports 	to security holders					 None
16	 Letter re change in certifying accountant		 None
18	 Letter re changes in accounting 	principles							 None
21	 Subsidiaries of Registrant				 Not Applicable
22	 Published report regarding matters 	 submitted to vote of security holders		 None
23	 Consents of experts and counsel			 Not Applicable
24	 Power of attorney						 Not Applicable
27	 Financial Data Schedule					 Not Applicable
99	 Additional Exhibits Filed Herewith 	 Independent Accountants' Report as EX-1