U.S. Floorplan Risk Management slide image

U.S. Floorplan Risk Management

Payment Rate U.S. Floorplan Securitization Performance Overview Floorplan Portfolio Net Losses (Recoveries) as a Percent of Average Principal Balance Losses Recoveries Highest Net Loss Percentage on Floorplan Portfolio since January 2004 was 0.353% in 2009 0.202% 0.004% (0.008)% 2014 (0.004)% 2015 2016 (0.004)% 2017 2018 Trust Pool 3-Month Average of Monthly Principal Payment Rate* 65% 55% 45% 35% Lowest 3-Month Average Payment Rate was 29.9% in February 2005 Payment rate triggers Memo: Days Supply** 73 25% 120 143 15% Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 Jul-18 * The 3-month average monthly principal payment rate for a month equals the average of the monthly payment rate for that month and the prior two months ** Estimated days supply derived from payment rate 74 Ford FORD CREDIT Losses Trust Pool Net Losses (Recoveries) as a Percent of Average Principal Balance No Trust losses realized since inception because depositors elected to accept reassignment of receivables from "status" accounts 0.000% 0.000% 0.000% 0.000% 0.000% 2014 2015 2016 2017 2018 Recoveries Percent of Principal Balance Trust Pool Dealer Risk Ratings 100% 90% 80% 70% Other 60% 50% 40% 30% Group IV (Poor) ■Group III ■Group II 20% 10% ■Group (Strong) 0% Dec-14 Dec-15 Dec-16 Dec-17 Dec-18
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