8-K 1 a33457.txt CIT EQUIPMENT COLLATERAL 2001-A SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 -------------- F O R M 8-K CURRENT REPORT Pursuant to Regulation FD Rules 100 and 101 Date of Report (Date of earliest event reported): June 30, 2002 CIT EC - EF 2001-A ------------------------------------------------------ (Exact name of registrant as specified in its charter) Delaware ---------------------------------------------- (State or other jurisdiction of incorporation) 000-33183 ------------------------ --------------------------------- (Commission File Number) (IRS Employer Identification No.) c/o Chase Manhattan Bank USA, National Association c/o JP Morgan Chase 500 Stanton Christiana Road, OPS4/3rd Floor Newark, Delaware 19713 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (302) 552-6287 N/A (Former name or former address, if changed since last report.) Item 9. Regulation FD Disclosure. CIT EC - EF 2001-A is reporting its portfolio stratification report as of June 30, 2002. The percentages and balances set forth in the tables in the report may not total due to rounding. Exhibit 99 - Portfolio Stratification Report SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CIT EC - EF 2001-A By: THE CIT GROUP/EQUIPMENT FINANCING, INC. as Servicer By: /s/ Glenn A. Votek ---------------------- Name: Glenn A. Votek Title: Executive Vice President & Treasurer Dated: September 27, 2002

Determination Date: 03/18/02 Collection Period: 02/28/02 Payment Date: 03/20/02 I. AVAILABLE FUNDS A. Available Pledged Revenues a. Scheduled Payments Received $22,753,167.83 b. Liquidation Proceeds Allocated to Owner Trust 0.00 c. Required Payoff Amounts of Prepaid Contracts 13,259,221.33 d. Required Payoff Amounts of Purchased Contracts 0.00 e. Proceeds of Clean-up Call 0.00 f. Investment Earnings on Collection Account and Note Distribution Account 22,854.60 -------------- Total Available Pledged Revenues = $36,035,243.76 B. Determination of Available Funds a. Total Available Pledged Revenues $36,035,243.76 b. Servicer Advances 3,429,444.31 c. Recoveries of prior Servicer Advances (2,847,463.85) d. Withdrawal from Reserve Account 0.00 -------------- Total Available Funds = $36,617,224.22

Distribution Class A-1 Class A-2 Class A-3 Class A-4 Amounts Notes Notes Notes Notes ------------ --------- --------- --------- ---------- 1. Interest Due 114,354.53 854,791.67 1,072,800.00 1,006,316.67 2 Interest Paid 114,354.53 854,791.67 1,072,800.00 1,006,316.67 3 Interest Shortfall 0.00 0.00 0.00 0.00 ((1) minus (2)) 4 Principal Paid 25,013,161.34 0.00 0.00 0.00 5 Total Distribution Amount 25,127,515.87 854,791.67 1,072,800.00 1,006,316.67 ((2) plus (4))

Distribution Class B Total Offered Amounts Notes Notes ------------ ------- ------------ 1. Interest Due 173,708.39 3,221,971.26 2 Interest Paid 173,708.39 3,221,971.26 3 Interest Shortfall 0.00 0.00 ((1) minus (2)) 4 Principal Paid 1,316,482.18 26,329,643.52 5 Total Distribution Amount 1,490,190.57 29,551,614.78 ((2) plus (4))

Applicable Principal Balance Class Factor Principal Balance Class Factor Class Coupon Mar-02 Mar-02 Feb-02 Feb-02 Rate Payment Date Payment Date Payment Date Payment Date ----- ----- ------------ ------------ ------------ ------------ a. Class A-1 Notes 3.4800% 17,236,050.67 0.07382 42,249,212.01 0.18094 b. Class A-2 Notes 3.7300% 275,000,000.00 1.00000 275,000,000.00 1.00000 c. Class A-3 Notes 4.3200% 298,000,000.00 1.00000 298,000,000.00 1.00000 d. Class A-4 Notes 4.8400% 249,500,000.00 1.00000 249,500,000.00 1.00000 e. Class B Notes 4.5800% 44,196,634.25 0.79542 45,513,116.42 0.81911 f. Total Offered Notes 883,932,684.92 910,262,328.44

Scheduled Scheduled Principal Balance Principal Balance Class Mar-02 Feb-02 Payment Date Payment Date ----- ------------ ------------ Class A-1 Notes 103,231,016.00 122,583,496.00

Target Class Target Class Class Principal Amount Floor Principal Amount Floor Class Percentage Mar-02 Mar-02 Feb-02 Feb-02 Payment Date Payment Date Payment Date Payment Date ----- ---------- ------------ ------------ ------------ ------------ Class A 95.00% 839,736,050.67 864,749,212.01 Class B 5.00% 44,196,634.25 4,816,635.37 45,513,116.42 4,413,791.83

Original Mar-02 Feb-02 Pool Payment Date Payment Date ------ ------------ ------------ 1. a. Contract Pool Principal Balance 1,111,563,967.00 883,932,684.92 910,262,328.44 b. No of Contracts 11,329 10,484 10,651 2. Weighted Average Remaining Term 48.60 42.4 42.9 3. Weighted Average Original Term 57.7

% of No. Of Contract Pool Contracts % of CPB Accounts Principal Balance --------- --------- -------- ------------------- 1. Current 94.64% 94.93% 9,922 839,130,342.57 31-60 days 3.07% 2.43% 322 21,516,956.69 61-90 days 1.09% 1.00% 114 8,844,185.43 91-120 days 0.62% 0.67% 65 5,897,235.62 120+ days 0.58% 0.97% 61 8,543,964.61 Total Delinquency 100.0% 100.0% 10,484 883,932,684.92 2. Delinquent Scheduled Payments: Beginning of Collection Period 8,919,075.32 End of Collection Period 9,501,055.78 ------------ Change in Delinquent Scheduled Payments 581,980.46 C. DEFAULTED CONTRACT INFORMATION A. Current Period Defaulted New Valuation Amount 3,132,818.52 Current Valuation Reversal 0.00 Current Period Gross loss on Liquidated Contract 0.00 ------------ Total Gross Loss 3,132,818.52 B. Payments Received on Defaulted Contracts -69,969.09 C. Proceeds received on Liquidated Contracts 0.00 ------------ D. Current Month Net Loss Amount 3,062,849.43 E. Cumulative Valuation Amount to date 6,741,441.97 %of Initial Contracts 0.159% %of Initial Contract Pool Balance 0.606% VII. INFORMATION REGARDING THE RESERVE ACCOUNT A. RESERVE ACCOUNT 1. Opening Reserve Account Balance 13,927,013.63 2. Investment Earnings 15,658.49 3. Deposit from the Collection Account 26,008.49 4. Withdrawls from the Reserve Account - 5. Interest payment to the Holdback Designee (41,666.98) 6. Release of Reserve Account Surplus (402,843.55) 7. Ending Reserve Account Balance 13,524,170.08 8. Available amount 13,927,013.63 9. Required Reserve Account Amount 13,524,170.08 10. Reserve Account Surplus/(Shortfall) 0.00

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