Investor Presentaiton
TMCC Financial Performance
Total Financing Revenues
Nine Months Ended, Dec 31
$9,025
0.49%
$8,821
2019
2020
60+ Days Delinquent (1)
As of Dec 31
Retail
$9,022
Net Financing Revenues
Nine Months Ended, Dec 31
$2,803
$2,040
2021
2019
Lease
0.51%
0.38%
0.32%
0.30%
2019
$ in millions
2020
2020
$3,567
Net Income
Nine Months Ended, Dec 31
$1,697
$999
2021
2019
Allowance for Credit Losses (1)(2)
0.28%
0.53%
2021
2019
As of Dec 31
1.50%
2020
0.42%
1.44%
2021
2019
2020
Net Credit Losses (1)(3)
Nine Months Ended, Dec 31
$2,291
2021
0.32%
0.18%
2020
2021
TMCC has adopted Accounting Standard Update "ASU" 2016-13 effective starting April 1, 2020
(1) 60+ Days Delinquent, Allowance for Credit Losses, and Net Credit Losses: percentage of gross earning assets
(2) Allowance for Credit Losses: the quotient of allowance for credit losses divided by the sum of gross finance receivables (finance receivables before allowance for credit losses) plus gross investments in operating leases (investments in operating leases before allowance for credit losses). Starting April 1, 2020, quotient
for credit losses divided by sum of gross finance receivables (finance receivables before allowance for credit losses)
(3) Net Credit Losses: results are annualized and for Finance Receivables only
Source: TMCC December 31, 2020 10-Q & December 31, 2021 10-Q
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