8-K 1 a8k2003d.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report(Date of earliest event reported): January 31, 2005 Onyx Acceptance Owner Trust 2004-A ------------------------------------------------------------------------------ (Issuer with respect to Certificates) Onyx Acceptance Financial Corporation ------------------------------------------------------------- (Exact Name of Registrant as Specified in Its Charter) Commission File Number 333-103244 (I.R.S. EmployerIdentification No.) 33-0639768 State or other jurisdiction of incorporation or organization Delaware Onyx Acceptance Financial Corporation 27051 Towne Centre Drive Foothill Ranch 92610 949 465-3900 Item 8.01 Other Events On behalf of the Onyx Acceptance Owner Trust 2004-A, (the"Trust"), a trust created pursuant to the Trust Agreement dated as of February 1, 2004 with Onyx Acceptance Financial Corporation as registrant and seller and JP Morgan Chase Bank as Owner Trustee and Trust Agent, the registrant has caused to be filed with the Commission, the December 2004 monthly Distribution Date Statement with respect to the Trust. This Distribution Date Statement is filed pursuant to and in accordance with a no action request filed on August 21, 1995 with the Commission by Onyx Acceptance Financial Corporation, originator of the Onyx Acceptance Owner Trust 2004-A and Onyx Acceptance Corporation as servicer and the affirmative response thereto by the Securities and Exchange Commission dated September 22, 1995. The filing of the monthly Distribution Date Statement will occur subsequent to each monthly distribution to the Trust's Securityholders until and unless exempted under provisions of the Securities and Exchange Act. Item 9.01 Financial Statements and Exhibits (a) Financial Statements None (c) Exhibits Exhibit No.19 Monthly Distribution Date Statement of the Onyx Acceptance Owner Trust 2004-A for the month of January 2005. SIGNATURES 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, thereunto duly authorized. Onyx Acceptance Financial Corporation /s/ DON P. DUFFY By:_____________________________________________________ Don P. Duffy Chief Financial Officer Exhibit 19

Onyx Acceptance Owner Trust 2004_A 1.12% Class A-1 Auto Loan Backed Notes CUSIP 68338SEC8 $91,000,000 1.52% Class A-2 Auto Loan Backed Notes CUSIP 68338SED6 $115,000,000 2.19% Class A-3 Auto Loan Backed Notes CUSIP 68338SEE4 $128,000,000 2.94% Class A-4 Auto Loan Backed Notes CUSIP 68338SEF1 $116,000,000 N/A Class B Auto Loan Backed Notes $0 30-Aug-00 Total Securities Issued $450,000,000 Collection Period Beginning on: 1201/01/0405 Collection Period Ending on: 1201/31/0405 Distribution Date: 0102/1815/05 1 Original Pool Balance of underlying Contracts $450,000,000.00 1a Subsequent Contracts $46,322,129.46 1b Original Prefunded Amount $129,897,957.08 2 Collection Period Beginning Pool Balance of underlying Contracts $~~309~~296,~~694~~696,~~879~~915.8870 3 Securities Balance : Beginning $~~309~~296,~~694~~696,~~879~~915.7759 Net Collections for the Collection Period 4 Monthly P&I, partial prepayments & Full Prepayments in Calendar Month $1413,~~593~~964,~~938~~273.7724 5 Full Prepayments through first 5 business days of current month (Precompute only) 2320,~~109~~103.7639 5a Full Prepayments through first 5 business days of current month (Simple interest only) ~~996~~1,~~867~~277,032.0385 6 Full Prepayments included in Prior Collection Period (Precompute only) 223,~~219~~109.1376 6a Full Prepayments included in Prior Collection Period (Simple Interest only) 1996,~~225,756~~867.4503 7 Partial Prepayments of Rule of 78's contracts deposited to PayAhead Acct 03,700.0057 8 Amounts Withdrawn from PayAhead Acct & Deposited to Collection Acct ~~2,162~~0.4700 9 Capitalized Interest Amount 0.00 10 Net Liquidation Proceeds on Defaulted Contracts ~~324~~374,~~155~~496.3057 11 Net Liquidation Proceeds first 5 business days of current month 0.00 12 Net Liquidation Proceeds included in Prior Collection Period 0.00 13 Net Insurance Proceeds 0.00 14 Net Insurance Proceeds first 5 business days of current month 0.00 15 Net Insurance Proceeds included in Prior Collection Period 0.00 16 Aggregate Purchase Amount for Purchased Contracts (Repurchases) 0.00 17 Reinvestment earnings on Funds in Collection Acct (ccma acct #012958) 1819,~~110~~004.4166 17a Prepayment Amount (Final Funding Period Distribution Date only) (236) 0.00 17b Investment earnings on funds in Prefunding Account 0.00 18 Net Collections $14,~~730~~631,~~368~~233.1635 Computation of Regular Principal Distributable Amount 19 Scheduled Principal Decline (recomputed actuarial) Precompute contracts only ~~102~~95,~~315~~964.0591 20 Principal Collected: Payments only - Simple Interest contracts 65,~~089~~923,~~593~~446.5853 21 Principal Collected: Full Prepayments - S.I. thru month-end 4,~~917~~628,~~112~~519.3577 22 Full Prepayments through first 5 business days of current month: Simple Interest only ~~996~~1,~~867~~277,032.0385 23 Full Prepayments: Precompute only thru month end 3933,~~617~~601.7433 24 Full Prepayments through first 5 business days of current month: Precompute only 2320,~~109~~103.7639 25 Defaulted Contracts (Liquidated Proceeds received) ~~829~~726,~~348~~358.6719 26 Defaulted Contracts thru 1st 5 business days of current month 03,150.0085 27 Defaulted Contracts (4 or more periods.) 0.00 28 Defaulted Contracts (4 or more periods.Liquidated Proceeds not received) 0.00 29 Repurchased Contracts 0.00 30 Regular Principal Distributable Amount (Sum of 19 thru 29) $12,~~997~~708,~~964~~177.1882 30a Subsequent Contracts sold to Trust during related Collection Period $0.00 30b Prefunded Contracts sold to Trust during related Collection Period $0.00 31 Collection Period Ending Pool Balance of underlying Contracts $~~296~~283,~~696~~988,~~915~~737.7088 32 Collection Period Ending Pool Balance as a percent of Original Pool Balance 6563.9311% 33 Accelerated Principal Target Level N/A 34 Accelerated Principal Distributable Amount $0.00 Calculation of Class A Note Interest Distributable Amount Class A Note Interest Accrual Period begins Class A Note Interest Accrual Period ends 35 Class A-1 Notes: Outstanding Principal Amount $0.00 36 Class A-1 Note Interest Carryover Shortfall $0.00 37 Class A-1 Note Interest Accrual over Interest Accrual Period $0.00 38 Class A-1 Note Interest Distributable Amount (36 + 37) $0.00 39 Class A-2 Notes: Outstanding Principal Amount $6552,~~694~~696,~~879~~915.7759 40 Class A-2 Note Interest Carryover Shortfall $0.00 41 Class A-2 Note Interest Accrual over Interest Accrual Period $8366,~~213~~749.5143 42 Class A-2 Note Interest Distributable Amount (40 + 41) $8366,~~213~~749.5143 43 Class A-3 Notes: Outstanding Principal Amount $128,000,000.00 44 Class A-3 Note Interest Carryover Shortfall $0.00 45 Class A-3 Note Interest Accrual over Interest Accrual Period $233,600.00 46 Class A-3 Note Interest Distributable Amount (44 + 45) $233,600.00 47 Class A-4 Notes: Outstanding Principal Amount $116,000,000.00 48 Class A-4 Note Interest Carryover Shortfall $0.00 49 Class A-4 Note Interest Accrual over Interest Accrual Period $284,200.00 50 Class A-4 Note Interest Distributable Amount (48 + 49) $284,200.00 51 Class A Note Interest Distributable Amount $~~601~~584,~~013~~549.5143 Calculation of Class A Note Principal Distributable Amount 52 Class A-1 Note original outstanding principal amount $91,000,000.00 53 Class A-1 Note outstanding principal amount: Beginning (35) $0.00 54 Class A-1 Note Principal Carryover Shortfall $0.00 55 Class A-1 Note Percentage 0% 56 Class A-1 Note Percentage multiplied by Regular Principal Distributable Amount $0.00 57 Class A-1 Note Accelerated Principal Distributable Amount $0.00 58 Class A-1 Note Principal Distributable Amount (54 + 56 + 57) $0.00 59 Class A-1 Note outstanding principal amount: Ending (53 - 58) $0.00 60 Class A-1 Note Pool Factor (59 / 52) 0.000000 61 Class A-2 Note original outstanding principal amount $115,000,000.00 62 Class A-2 Note outstanding principal amount: Beginning (39) $6552,~~694~~696,~~879~~915.7759 63 Class A-2 Note Principal Carryover Shortfall $0.00 64 Class A-2 Note Percentage 100% 65 Class A-2 Note Percentage multiplied by Regular Principal Distributable Amount $12,~~997~~708,~~964~~177.1882 66 Class A-2 Note Accelerated Principal Distributable Amount $0.00 67 Class A-2 Note Principal Distributable Amount (63 + 65 + 66) $12,~~997~~708,~~964~~177.1882 68 Class A-2 Note outstanding principal amount: Ending (62 - 67) $5239,~~696~~988,~~915~~737.5977 69 Class A-2 Note Pool Factor (68 / 61) 0.~~458234~~347728 70 Class A-3 Note original outstanding principal amount $128,000,000.00 71 Class A-3 Note outstanding principal amount: Beginning (43) $128,000,000.00 72 Class A-3 Note Principal Carryover Shortfall $0.00 73 Class A-3 Note Percentage 0% 74 Class A-3 Note Percentage multiplied by Regular Principal Distributable Amount $0.00 75 Class A-3 Note Accelerated Principal Distributable Amount $0.00 76 Class A-3 Note Principal Distributable Amount (72 + 74 + 75) $0.00 77 Class A-3 Note outstanding principal amount: Ending (71 - 76) $128,000,000.00 78 Class A-3 Note Pool Factor (77 / 70) 1.000000 79 Class A-4 Note original outstanding principal amount $116,000,000.00 80 Class A-4 Note outstanding principal amount: Beginning (47) $116,000,000.00 81 Class A-4 Note Principal Carryover Shortfall $0.00 82 Class A-4 Note Percentage 0% 83 Class A-4 Note Percentage multiplied by Regular Principal Distributable Amount $0.00 84 Class A-4 Note Accelerated Principal Distributable Amount $0.00 85 Class A-4 Note Principal Distributable Amount (81 + 83 + 84) $0.00 86 Class A-4 Note outstanding principal amount: Ending (80 - 85) $116,000,000.00 87 Class A-4 Note Pool Factor (86 / 79) 1.000000 88 Class A Note Principal Distributable Amount - Total all Class A Notes $12,~~997~~708,~~964~~177.1882 89 Class A Note outstanding principal amount - Total all Class A Notes: Ending $~~296~~283,~~696~~988,~~915~~737.5977 90 Accelerated Principal Distributable Amount $0.00 91 Class A Note Distributable Amount - Total all Class A Notes $13,~~598~~292,~~977~~727.6925 92 Memo: Class A Note Principal Carryover Shortfall $0.00 Calculation of Class B Note Interest Distributable Amount 93 Class B Note Interest Accrual Period begins 94 Class B Note Interest Accrual Period ends 95 Class B Note Balance as of immediately preceding Distribution Date $0.00 96 Class B Note Interest Carryover Shortfall $0.00 97 Class B Note Interest Accrual over Interest Accrual Period @ $0.00 98 Class B Note Interest Distributable Amount (96 + 97) $0.00 Calculation of Class B Note Principal Distributable Amount 99 Original Class B Note Balance $0.00 100 Class B Note Balance: Beginning (95) $0.00 101 Class B Note Principal Carryover Shortfall $0.00 102 Class B Note Percentage 0% 103 Class B Note Percentage multiplied by Regular Principal Distributable Amount $0.00 104 Class B Note Principal Distributable Amount (101 + 103) $0.00 105 Class B Note Balance: Ending (100 - 104) $0.00 106 Class B Note Pool Factor (105 / 99) 0.000000 107 Class B Note Distributable Amount (Principal & Interest) (98 + 104) $0.00 108 Securities Balance - Beginning $~~309~~296,~~694~~696,~~879~~915.7759 109 Principal Distribution Amount $12,~~997~~708,~~964~~177.1882 110 Securities Balance - Ending $~~296~~283,~~696~~988,~~915~~737.5977 Calculation of Total Distribution Amount 111 Interest Distribution Amount $~~601~~584,~~013~~549.5143 112 Principal Distribution Amount $12,~~997~~708,~~964~~177.1882 113 Total Distribution Amount $13,~~598~~292,~~977~~727.6925 NET COLLECTIONS PAYOUT ALLOCATION OF TOTAL DISTRIBUTION AMOUNT 114 Reinvestment Earnings on Funds in Collection Acct $1819,~~110~~004.4166 115 Servicing Fee Paid this Period to Servicer $~~258~~247,~~079~~247.0743 Note Interest Paid Calculation 116 Class A-1 Note Interest Carryover Shortfall (Beginning) $0.00 117 Interest Due on Above Beginning Shortfall $0.00 118 Class A-1 Note Interest Distributable Amount $0.00 119 Class A-1 Note Interest Paid this Period $0.00 120 Class A-1 Note Interest Carryover Shortfall (Ending) $0.00 121 Class A-2 Note Interest Carryover Shortfall (Beginning) $0.00 122 Interest Due on Above Beginning Shortfall $0.00 123 Class A-2 Note Interest Distributable Amount $8366,~~213~~749.5143 124 Class A-2 Note Interest Paid this Period $8366,~~213~~749.5143 125 Class A-2 Note Interest Carryover Shortfall (Ending) $0.00 126 Class A-3 Note Interest Carryover Shortfall (Beginning) $0.00 127 Interest Due on Above Beginning Shortfall $0.00 128 Class A-3 Note Interest Distributable Amount $233,600.00 129 Class A-3 Note Interest Paid this Period $233,600.00 130 Class A-3 Note Interest Carryover Shortfall (Ending) $0.00 131 Class A-4 Note Interest Carryover Shortfall (Beginning) $0.00 132 Interest Due on Above Beginning Shortfall $0.00 133 Class A-4 Note Interest Distributable Amount $284,200.00 134 Class A-4 Note Interest Paid this Period $284,200.00 135 Class A-4 Note Interest Carryover Shortfall (Ending) $0.00 136 Class A Note Interest Carryover Shortfall (Beginning) $0.00 137 Interest Due on Above Beginning Shortfall $0.00 138 Class A Note Interest Distributable Amount $~~601~~584,~~013~~549.5143 139 Class A Note Interest Paid this Period $~~601~~584,~~013~~549.5143 140 Class A Note Interest Carryover Shortfall (Ending) $0.00 Class B Note Interest Paid Calculation 141 Class B Note Interest Carryover Shortfall (Beginning) $0.00 142 Interest Due on Above Beginning Shortfall $0.00 143 Class B Note Interest Distributable Amount $0.00 144 Class B Note Interest Paid this Period $0.00 145 Class B Note Interest Carryover Shortfall (Ending) $0.00 Class A Note Principal Paid Calculation 146 Class A-1 Note Principal Carryover Shortfall (Beginning) $0.00 147 Class A-1 Note Principal Distributable Amount $0.00 148 Class A-1 Note Principal Paid this Period $0.00 149 Class A-1 Note Principal Carryover Shortfall (Ending) $0.00 150 Class A-2 Note Principal Carryover Shortfall (Beginning) $0.00 151 Class A-2 Note Principal Distributable Amount $12,~~997~~708,~~964~~177.1882 152 Class A-2 Note Principal Paid this Period $12,~~997~~708,~~964~~177.1882 153 Class A-2 Note Principal Carryover Shortfall (Ending) $0.00 154 Class A-3 Note Principal Carryover Shortfall (Beginning) $0.00 155 Class A-3 Note Principal Distributable Amount $0.00 156 Class A-3 Note Principal Paid this Period $0.00 157 Class A-3 Note Principal Carryover Shortfall (Ending) $0.00 158 Class A-4 Note Principal Carryover Shortfall (Beginning) $0.00 159 Class A-4 Note Principal Distributable Amount $0.00 160 Class A-4 Note Principal Paid this Period $0.00 161 Class A-4 Note Principal Carryover Shortfall (Ending) $0.00 162 Class A Note Principal Carryover Shortfall (Beginning) $0.00 163 Class A Note Principal Distributable Amount $12,~~997~~708,~~964~~177.1882 164 Class A Note Principal Paid this Period $12,~~997~~708,~~964~~177.1882 165 Class A Note Principal Carryover Shortfall (Ending) $0.00 Class B Note Principal Paid Calculation 166 Class B Note Principal Carryover Shortfall (Beginning) $0.00 167 Class B Note Principal Distributable Amount $0.00 168 Class B Note Principal Paid this Period $0.00 169 Class B Note Principal Carryover Shortfall (Ending) $0.00 Summary of Distributions Paid from Net Collections this Period 170 Reinvestment Earnings on Funds in Collection Account Payable to Servicer $1819,~~110~~004.4166 171 Servicing Fee Payable to Servicer (1.0% / 12 x Beginning Pool Balance) $~~258~~247,~~079~~247.0743 172 Class A Note Interest Distributable Amount Paid this Period ~~601~~584,~~013~~549.5143 173 Class B Note Interest Distributable Amount Paid this Period 0.00 174 Class A Note Principal Distributable Amount Paid this Period $12,~~997~~708,~~964~~177.1882 175 Class B Note Principal Distributable Amount Paid this Period $0.00 176 Surety Fee Payable to Insurer 4845,~~002~~988.7102 177 Reinsurance Fee Payable to Insurer 0.00 178 Total Distributions from Collection Account $13,~~923~~604,~~169~~967.8836 179 Total Excess Spread Available for Deposit to Spread Account $~~807~~1,~~198~~026,265.2899 SPREAD ACCOUNT RECONCILIATION 180 Initial Deposit $5,625,000.00 181 Deposits to Spread Account Prior Collection Periods $1516,~~188~~021,~~372~~644.1639 182 Deposit to Spread Account this Collection Period $~~807~~1,~~198~~026,265.2899 183 Reinvestment Earnings on Funds in Spread Acct $2624,~~073~~380.9537 184 Draws from Spread Account Prior Periods $56,~~328~~811,~~628~~798.1761 185 Spread Account Balance $1615,~~318~~885,~~016~~492.2214 186 Required Spread Account Balance $14,~~834~~199,~~845~~436.7889 186a Required Spread Account Cash Balance $14,~~834~~199,~~845~~436.7889 187 Draws from Spread Account this Collection Period $1,~~483~~686,~~170~~055.4425 188 Spread Account Balance net of Draws this Collection Period $14,~~834~~199,~~845~~436.7889 Delinquency Statistics 189 Number of Accts Delinquent 30 - 59 Days ~~254~~229 190 Number of Accts Delinquent 60 - 89 Days 99117 191 Number of Accts Deliquent 90 Days and Over ~~187~~194 192 Total Number of Delinquent Accounts 30 Days and Over 540 193 Aggregate Net Outstanding Balance of Delinquent Loans 30-59 days $21,~~105~~335,~~587~~710 194 Aggregate Net Outstanding Balance of Delinquent Loans 60 - 89 days $~~896~~1,~~087~~261,790 195 Aggregate Net Outstanding Balance of Delinquent Loans 90 days and over $1,~~757~~806,~~289~~923 196 Total Aggregate Net Outstanding Balance of Delinquent Loans $4,~~758~~404,~~963~~423 197 Policy Claim Amount $0.00 198 Deposit Coverage Amount (Reinsurance) $0.00 Memo: Deposit Coverage Amount + Spread Account Cash Balance Repossession Statistics 199 Number of Accounts in Repo Inventory @ Beginning of Collection Period ~~133~~140 200 Number of Accounts Repossessed During Collection Period 5866 201 Number of Repo'd Accounts Sold or Reinstated During Collection Period 5170 202 Number of Accounts in Repo Inventory @ End of Collection Period ~~140~~136 203 Net Outstanding Balance of Accounts in Repo Inventory @ Beginning of Collection Period $1,~~504~~448,~~318~~391.8612 204 Net Outstanding Balance of Accounts Repossessed During Month ~~724~~874,~~918~~466.3603 205 Net Outstanding Balance of Repo Accounts Sold or Reinstated During Month ~~780~~666,~~846~~172.1013 206 Net Outstanding Balance of Accounts in Repo Inventory @ End of Collection Period $1,~~448~~656,~~391~~685.1202 Accounts Outstanding Statistics 207 Original Accounts Outstanding - Initial + Subsequent 21,880 207a Original Accounts Outstanding - Prefunded as of End of Collection Period 8,573 208 Remaining Number of Accounts Outstanding @ End of Collection Period 2322,~~468~~668 Calculation of Net Yield 209 Interest Collected on Contracts 2,~~219~~259,~~486~~063.9434 210 Interest Collected on Contracts - Prior Collection Period 2,~~343~~219,~~173~~486.1994 211 Interest Collected on Contracts - Two Collection Periods Ago 2,~~468~~343,~~214~~173.0019 212 Liquidated Contract Balances (less Liquidation proceeds) ~~505~~355,~~193~~012.3747 213 Liquidated Contract Balances (less Liquidation proceeds) - Prior Collection Period ~~382~~505,~~909~~193.3837 214 Liquidated Contract Balances (less Liquidation proceeds) - Two Collection Periods Ago ~~268~~382,~~270~~909.5938 215 Interest Paid to Securityholders (111) ~~601~~584,~~013~~549.5143 216 Interest Paid to Securityholders - Prior Collection Period ~~617~~601,~~188~~013.7651 217 Interest Paid to Securityholders - Two Collection Periods Ago ~~633~~617,~~507~~188.3476 218 Servicing Fees Paid to Servicer (171) $~~258~~247,~~079~~247.0743 219 Servicing Fees Paid to Servicer - Prior Collection Period $~~268~~258,~~720~~079.6807 220 Servicing Fees Paid to Servicer - Two Collection Periods Ago $~~279~~268,~~456~~720.5868 221 Ending Pool Balance (31) $~~296~~283,~~696~~988,~~915~~737.7088 222 Ending Pool Balance - Prior Collection Period $~~309~~296,~~694~~696,~~879~~915.8870 223 Ending Pool Balance - Two Collection Periods Ago $~~322~~309,~~464~~694,~~813~~879.7888 224 Net Yield 4.1605% A.P.R. Statistics 225 Original Dollar Weighted A.P.R. of Initial + Subsequent Contracts only 8.90% 225a Original Dollar Weighted A.P.R. of Prefunded Contracts only 9.14% 226 Dollar Weighted A.P.R. of Remaining Contracts in Trust as of End of Collection Period 8.7774% Credit Loss Statistics 227 Gross Credit Losses during Collection Period (25 + 26 + 27 + 28)) $~~829~~729,~~348~~509.6704 228 Recoveries during Collection Period (10+11-12) ~~324~~374,~~155~~496.3057 229 Net Credit Losses during Collection Period (227 - 228) $~~505~~355,~~193~~012.3747 230 Cumulative Net Credit Losses $2,~~579~~934,~~015~~027.1360 231 Cumulative Net Credit Losses as a Percent of Original Certificate Balance (230 / 1) 0.5765% 232 Memo: Cram Down Losses 2.0020% $~~122~~136,~~255~~828.8983 233 Remaining Weighted Average Maturity (Months) 5049.34 Calculation of Remaining Prefunded Amount 234 Prefunded Amount at Beginning of Collection Period $0.00 235 Prefunded Contracts sold to Trust during related Collection Period (30b) $0.00 236 Prepayment Amount Released to Collection Account to be Paid to A1 Noteholders $0.00 237 Remaining Prefunded Amount (234-235-236) $0.00 Calculation of Capitalized Interest Amount 238 Class A&B Note Interest Distributable Amt allocable to Prefunded Acct balance $0.00 239 Portions of Insurance Premium allocable to Prefunded Acct balance $0.00 240 Earnings on investment of funds in Prefunding Account $0.00 241 Capitalized Interest Amount to be withdrawn from Capitalized Interest Acct $0.00 Calculation of Maximum Capitalized Interest Amount 242 Portions of Class A&B Note Interest Distributable Amt allocable to Prefunded Acct balance $0.00 243 Insurance Premium allocable to Prefunded Acct balance $0.00 244 Earnings on Prefunded Amount at Beginning of Collection Period @ 2.5% thru Nov 15 $0.00 245 Maximum Capitalized Interest Amount $0.00 Calculation of Capitalized Interest Account Balance 246 Initial Capitalized Interest Amount $462,999.62 247 Withdrawals from Capitalized Interest Account in Current Collection Period (241 + 254) $0.00 248 Withdrawals and Releases from Capitalized Interest in Prior Collection Periods (241) $463,581.82 249 Earnings on Capitalized Interest Account this Collection Period $0.00 250 Earnings on Capitalized Interest Account in Prior Collection Periods $582.20 251 Capitalized Interest Account Balance (246-247-248+249+250) $0.00 Calculation of Additional Funds to be Released from Capitalized Interest Account 252 Capitalized Interest Account Balance (251) $0.00 253 Maximum Capitalized Interest Amount (245) $0.00 254 Release to Seller (if 252-253 > 0 only) $0.00 255 Number of extensions granted in Collection period ~~259~~150.00 256 Principal balance of contracts extended in Collection period 31,~~665~~921,~~370~~706.3552 Collection Acct Reconciliation Beginning Bank balance 1011,~~836~~329,~~699~~635.6256 Monthly P&I, partial prepayments & Full Prepayments in Calendar Month 1413,~~593~~964,~~938~~273.7724 Net Liquidation Proceeds deposited to Collection acct in Calendar Month ~~324~~374,~~155~~496.3057 Deficiency balance recoveries (net in transit) (513,~~557~~680.~~12)~~74 Net transfers from/(to) Payahead acct/Cap Int/Prefund Acct acct prior period 2,~~975~~162.2147 Collection Account investment earnings collected in current month 1819,~~110~~004.4166 Transfers from Collection Acct to Spread Account prior period (14,~~745~~730,~~837~~368.9416) Net Deposits in Transit ~~305~~(508,~~151~~776.3129) Ending Bank balance 1110,~~329~~464,~~635~~108.5679

Filing Compare · ONYX ACCEPTANCE OWNER TRUST 2004-A