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N O T E S T O C O N S O L I D A T E D F I N A N C I A L S T A T E M E N T S
December 31, 2012, 2011 and 2010 (currencies in millions)
Information regarding finance receivables evaluated and determined individually and collectively is as follows:
RETAIL
At December 31, 2012 WHOLESALE CUSTOMER DEALER TOTAL
Recorded investment for impaired finance
receivables evaluated individually $ 3.6 $ 67.4 $ .1 $ 71.1
Allowance for impaired finance receivables
determined individually 2.2 10.8 13.0
Recorded investment for finance receivables
evaluated collectively 1,537.4 5,278.2 1,429.6 8,245.2
Allowance for finance receivables determined
collectively 9.6 88.4 13.4 111.4
retail
At December 31, 2011 wholesale customer dealer total
Recorded investment for impaired finance
receivables evaluated individually $ 18.4 $ 95.6 $ .4 $ 114.4
Allowance for impaired finance receivables
determined individually 2.2 25.6 .1 27.9
Recorded investment for finance receivables
evaluated collectively 1,498.7 4,454.8 1,219.8 7,173.3
Allowance for finance receivables determined
collectively 9.5 80.9 11.9 102.3
The recorded investment for finance receivables that are on non-accrual status in the wholesale segment and the fleet,
owner/operator and retail dealer portfolio classes as of December 31, 2012 is $3.1, $42.8, $11.7 and $.1, respectively,
and as of December 31, 2011 was $17.8, $63.6, $17.7 and $.4, respectively.
Impaired Loans: Impaired loans with no specific reserves were $6.8 and $2.5 at December 31, 2012 and 2011,
respectively. Impaired loans with a specific reserve are summarized below. The impaired loans with specific reserve
represent the unpaid principal balance.
RETAIL CUSTOMER
OWNER/ RETAIL
At December 31, 2012 WHOLESALE FLEET OPERATOR DEALER TOTAL
Impaired loans with specific reserve $ 3.6 $ 43.9 $ 6.8 $ 54.3
Associated allowance (2.2) (7.3) (1.2) (10.7)
Net carrying amount of impaired loans $ 1.4 $ 36.6 $ 5.6 $ 43.6
Average recorded investment $ 9.4 $ 35.0 $ 9.2 $ 53.6
retail customer
owner/ retail
At December 31, 2011 wholesale fleet operator dealer total
Impaired loans with specific reserve $ 18.4 $ 27.9 $ 11.5 $ 57.8
Associated allowance (2.2) (6.0) (2.6) (10.8)
Net carrying amount of impaired loans $ 16.2 $ 21.9 $ 8.9 $ 47.0
Average recorded investment $ 14.4 $ 28.1 $ 13.6 $ .6 $ 56.7