Item 1. Business
Omitted.
Item 2.
Item 2. Properties
The Trust has acquired certain auto loan receivables from the Bank pursuant to a Sale and Servicing Agreement. The aggregate principal balance of the receivables, as of December 31, 2003, was $205,573,403.02.
The Trust also holds a reserve account pursuant to the Sale and Servicing Agreement. The principal balance of the reserve account, as of December 31, 2003, was $9,000,899.15.
The aggregate balance of receivables that were 60 or more days past due, as of December 31, 2003, was $3,631,197.51, or,1.7664% of the receivables by principal balance.
The aggregate amount of principal charge-offs, net of recoveries, for the year ended December 31, 2003, was $3,493,001.85, or 1.0728% of the average aggregate outstanding principal balance of the receivables for that year.
Item 3.
Item 3. Legal Proceedings
The registrant knows of no material pending legal proceedings with respect to the Trust, the Trustee or the Bank.
Item 4.
Item 4. Submission of Matters to a Vote of Security Holders
No matter was submitted to a vote of Certificateholders during the fiscal year covered by this report.
Part II
Item 5.
Item 5. Market for Registrant's Common Equity and Related Stockholders Matters
The registrant has no voting stock or class of common stock outstanding as of the date of this report. The beneficial interest in the Trust is represented by certificates of beneficial interest (the "Certificates"). The registrant is also the issuer of three outstanding classes of notes (the "Notes"). To the knowledge of the registrant, the Certificates and the Notes are traded in the over-the-counter market to a limited extent.
As of December 31, 2003, all of the Certificates and the Notes were registered in the name of CEDE and Co. The registrant understands that CEDE and Co. is the nominee for the Depository Trust Company ("DTC"). The registrant further understands that DTC has no knowledge of the actual beneficial owners of the Certificates and the Notes held of record by CEDE & Co., and that DTC knows only the identity of the participants to whose accounts such Certificates and Notes are credited, who may or may not be the beneficial owners of the Certificates and the Notes.
The records provided to the Trust by DTC indicate that as of December 31, 2003, the number of holders of record for each outstanding class of securities issued by the Trust were as follows:
Class No. of Holders ----- -------------- A-4 32 B 8
Item 6.
Item 6. Selected Financial Data
Omitted.
Item 7.
Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations
Omitted.
Item 7A.
Item 7A. Quantitative and Qualitative Disclosures About Market Risk
Not applicable.
Item 8.
Item 8. Financial Statements and Supplementary Data
Omitted.
Item 9.
Item 9. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure
None.
Part III
Item 10.
Item 10. Directors and Executive Officers of the Registrant
Omitted.
Item 11.
Item 11. Executive Compensation
Omitted.
Item 12.
Item 12. Security Ownership of Certain Beneficial Owners and Management
The records of DTC indicate that as of December 31, 2003, there were the following holders of record with more than 5% of each class of the Certificates and Notes:
Item 13.
Item 13. Certain Relationships and Related Transactions
None.
Part IV
Item 14.
Item 14. Exhibits, Financial Statement Schedules, and Reports of Form 8-K
(a) Exhibits.
The following documents are filed as part of this Annual Report on Form 10-K.
Exhibit Number Description -------------- -----------
99.1 Annual Management Report on Internal Controls.
99.2 Annual Servicer's Certificate pursuant to Section 4.10 of the Sale and Servicing Agreement.
99.3 Annual Independent Accountants Reports pursuant to Section 4.11 of the Sale and Servicing Agreement.
99.4 Annual Issuer's Certificate of Compliance with the Indenture.
99.5 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
(b) Reports on Form 8-K.
The following reports were filed on Form 8-K during the last quarter of 2003:
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) 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.
Dated: March 30, 2004
Chase Manhattan Auto Owner Trust 2000-A
By: Chase Manhattan Bank USA, National Association, as Depositor
By: /s/ Keith W. Schuck ----------------------------------- Name: Keith W. Schuck Title: Chief Financial Officer
SUPPLEMENTAL INFORMATION TO BE FURNISHED WITH REPORTS FILED PURSUANT TO SECTION 15(d) OF THE ACT BY REGISTRANTS WHICH HAVE NOT REGISTERED SECURITIES PURSUANT TO SECTION 12 OF THE ACT.
No annual report, proxy statement, form of proxy or other proxy soliciting material has been sent to Certificateholders during the period covered by this Annual Report on Form 10-K and the registrant does not intend to furnish such materials to Certificateholders subsequent to the filing of this report.
INDEX TO EXHIBITS
Exhibit Number: Description: - --------------- ------------
99.1 Annual Management Report on Internal Controls.
99.2 Annual Servicer's Certificate pursuant to Section 4.10 of the Sale and Servicing Agreement.
99.3 Annual Independent Accountants Reports pursuant to Section 4.11 of the Sale and Servicing Agreement.
99.4 Annual Issuer's Certificate of Compliance with the Indenture.
99.5 Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.