SC Germany Auto 2014-2 Monthly Investor Report · SC Germany Auto 2014-2 Reporting Date 08.07.2018 Monthly Investor Report Payment Date 11.07.2018 Period No 46 Cover Sheet Monthly

SC Germany Auto 2014-2

Monthly Investor Report

SC Germany Auto 2014-2 Reporting Date 08.07.2018

Monthly Investor Report Payment Date 11.07.2018

Period No 46

Cover Sheet Monthly Investor Report Monthly Period Jul 2018

Interest Period from 11.06.2018 to 11.07.2018 = 30 days

Collection Period from 01.06.2018 to 30.06.2018

Index Page

1. Portfolio Information 1

2. Reserve Accounts 2

3. Delinquency Data 3

4. Default Data 4

5. Concentration Limits 5

6. Outstanding Notes 6

7. Original Principal Balance 7

7.1 Original PB (Graph) 8

8. Current Principal Balance 9

8.1 Current PB (Graph) 10

9. Borrower Concentration 11

10. Geographical Distribution 12

10.1 Geographical (Graph) 13

11. Object / Vehicle / Distribution 14

12. Insurances 15

13. Contract Type 16

14. Payment Methods 17

15. Downpayment 18

16. Effective Interest Rate 19

16.1. Effective Interest Rate (Graph) 20

17. Seasoning 21

17.1 Seasoning (Graph) 22

18. Remaining Term 23

18.1 Remaining Term (Graph) 24

19. Original Term 25

19.1 Original Term (Graph) 26

20. Manufacturer Brands 27

21. Priority of Payments + Transaction Costs 28

22. Retention 29

23. Counterparties 30

24. Issuer Information 31

25. Santander Consumer Bank 32

Santander Consumer Bank AG

Santander-Platz 1

41061 Mönchengladbach



Period No 46

1. Portfolio Information Monthly Period Jul 2018



current period previous period

Outstanding ReceivablesNo. of

Contracts

Aggregate Outstanding

Principal Amount

Aggregate Outstanding

Principal Amount

Beginning of Period 367.545 2.999.999.999,64 € 2.999.999.998,98 €

Scheduled Principal Payments 78.925.600,28 €

Prepayment Principal 41.456.925,32 €

Others 3.399.832,41 €

Total Principal Collections 123.782.358,01 € 124.734.018,63 €

Total Interest Collections 13.778.175,41 € 13.485.742,27 €

Defaults 489.345,32 € 698.150,42 €

Replenishment Amount 124.271.702,72 € 125.432.169,71 €

End of Period 366.918 2.999.999.999,03 € 2.999.999.999,64 €

Purchase Shortfall Amount 0,97 € 0,36 €

Total Assets (End of Period) 3.000.000.000,00 € 3.000.000.000,00 €

Current Prepayment Rate (annualised) 15,4%


Santander-Platz 1




Period No 46

2. Reserve Accounts Monthly Period Jul 2018



Note BalanceBeginning of Period 3.000.000.000,00 €

End of Period 3.000.000.000,00 €

Reserve AccountsReserve Account in % Trigger Event y/n

Beginning of Period 1,00% 30.000.000,00 €

Cash Outflow - €

Cash Inflow - €

End of Period 1,00% 30.000.000,00 €

Required Reserve Fund 1,00% 30.000.000,00 €

Commingling Reserve in %

Beginning of Period n/a no

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Commingling Reserve Fund n/a

Set-Off Reserve in %

Beginning of Period n/a no

Cash Outflow n/a

Cash Inflow n/a

End of Period n/a

Required Set-Off Reserve Fund n/a

Current Set-Off Amount n/a

Set-Off Amount (per Loan) n/a

Set-Off Amount (in % of Outstanding Balance) n/a


Santander-Platz 1




Period No 46

3. Delinquency Data Monthly Period Jul 2018




End of Period 3.000.000.000,00 €

Delinquency Data and Ratios3-MRA* /

current ratio Amount at risk Overdue amount

Number of

Loans

3-MRA* 1- 30 days past due 0,21%

1- 30 days past due period before previous period 6.415.670,85 € 716.841,71 € 726

1- 30 days past due previous period 6.925.545,86 € 566.850,95 € 792

1- 30 days past due current period 0,17% 5.174.863,14 € 407.862,87 € 607

3-MRA* 31- 60 days past due 0,20%




3-MRA* 61-90 days past due 0,08%









121- 150 days past due period before previous period 612.830,50 € 93.125,41 € 68

121- 150 days past due previous period 753.278,63 € 90.540,12 € 82

121- 150 days past due current period 0,03% 945.351,39 € 133.523,48 € 99


151- 180 days past due period before previous period 968.805,54 € 169.296,69 € 92



* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 46

4. Default Data Monthly Period Jul 2018




End of Period 3.000.000.000,00 €

Default Data and Ratios Amount Number of Loans

Current Default

Current Period Gross Default 489.345,32 €

Current Period Recoveries 152.404,32 €

Current Period Net Default 336.941,00 €

New Number of Defaulted Contracts 69

Cumulative Default

Cumulative Gross Default 19.784.274,75 €

Cumulative Recoveries 3.697.082,59 €

Cumulative Net Default 16.087.192,16 €

Total Number of Defaulted Contracts 2.857

3-MRA* /

current ratio Ratio

3-MRA* Annualised Net Default Ratio (New Default) 0,17%

Annualised Loss Ratio period before previous period 0,16%

Annualised Loss Ratio previous period 0,22%

Annualised Loss Ratio current period 0,13% 0,13%

Principal Deficiency Trigger Event y/n

Principal Deficiency period before previous period - € no

Principal Deficiency previous period - €

Principal Deficiency current period - €

PDL Trigger 7.500.000,00 €

Repurchased Assets

Current Repurchased Asset Amount through breach of warranty or voluntary buyback - €

Cumulative Repurchased Asset Amount through breach of warranty or voluntary buyback - €

* 3-MRA stands for three months rolling average


Santander-Platz 1




Period No 46

5. Concentration Limits Monthly Period Jul 2018



Portfolio Concentrations Minimum-Trigger Maximum-Trigger Current Value Trigger Breach

New Vehicles (applicable for Replenishment Portfolio) 35,00% - 35,00% no

Average Yield (applicable for Total Portfolio) 4,25% - 4,32% no

Contracts with Balloon Rates (applicable for Total Portfolio) - 30,00% 18,49% no

Remaining Term (applicable for Total Portfolio) - 62,50 46,91 no

Online Business (applicable for Total Portfolio) - 10,00% 0,00% no

Loans with Original Term of more than 90 months (applicable for Total Portfolio) - 37,00% 32,30% no

Early Amortisation Events Maximum-Trigger Current Value Trigger Breach

Cumulative Loss Ratio

- prior to or on 31 August 2015 0,75% - -



- prior to or on 31 August 2018 2,25% 0,20% no

Purchase Shortfall Event no

Period before previous period 1,44 €

Previous period 1,02 €

Current period 0,36 €

Principal Deficiency Event no


Santander-Platz 1




Period No 46

6. Outstanding Notes Monthly Period Jul 2018



1. Note Balance All notes Class A Class BGeneral Note Information

ISIN Code XS1107063676 XS1107063593

Currency EUR EUR

Initial Tranching in % 96,50% 3,50%

Legal Maturity Aug 2030 Aug 2030

Expected Maturity Jul 2022 Jul 2022

Original Rating (DBRS / S&P) A(sf) / A(sf) Not rated

Current Rating (DBRS / S&P)* A (high) (sf) / A(sf) Not rated

Initial Notes Aggregate Principal Outstanding Balance 3.000.000.000,00 € 2.895.000.000,00 € 105.000.000,00 €

Initial Nominal per Note 100.000,00 € 100.000,00 €

Initial Number of Notes per Class 28.950 1.050

Current Note Information

Class Principal Outstanding Balance Beginning of Period 3.000.000.000,00 € 2.895.000.000,00 € 105.000.000,00 €

Available Distribution Amount 167.712.938,10 €

Replenishment 124.271.702,72 €

Amortisation 0,00 €

Redemption per Class 0,00 € 0,00 € 0,00 €

Redemption per Note 0,00 € 0,00 €

Class Principal Outstanding Balance End of Period 3.000.000.000,00 € 2.895.000.000,00 € 105.000.000,00 €

Current Tranching 96,50% 3,50%

Current Pool Factor 1,00 1,00

2. Payments to Investors per Note All notes Class A Class B Interest Rate Basis: Fixed 1,209% 2,505%

DayCount Convention act/360 act/360

Interest Days 30

Principal Outstanding per Note Beginning of Period 100.000,00 € 100.000,00 €

> Principal Repayment per Note 0,00 € 0,00 €

Principal Outstanding per Note End of Period 100.000,00 € 100.000,00 €

> Interest accrued for the period 2.916.712,50 € 219.187,50 €

Interest Payment 2.916.712,50 € 219.187,50 €

Interest Payment per Note 100,75 € 208,75 €

3. Credit Enhancements Class A Class B Initial total CE (Subordination, Reserve) 4,50% 1,00%

Current CE (incl. Excess Spread) 7,56% 4,06%

Current CE (excl. Excess Spread) 4,50% 1,00%

* Last rating action as of 06.09.2016


Santander-Platz 1




Period No 46

7. Original Principal Balance Monthly Period Jul 2018



Original Principal Balance

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of

Total Balance Number of Loans

Percentage of Total

Loans

0: 999 61.719,13 0,00% 76 0,02%

1000: 1999 1.781.384,01 0,04% 1.106 0,30%

2000: 2999 11.073.733,12 0,22% 4.360 1,19%

3000: 3999 30.938.171,91 0,62% 8.815 2,40%

4000: 4999 59.999.565,06 1,20% 13.311 3,63%

5000: 5999 96.691.297,31 1,93% 17.593 4,79%

6000: 6999 127.244.418,67 2,54% 19.532 5,32%

7000: 7999 157.415.065,40 3,14% 20.954 5,71%

8000: 8999 187.607.605,85 3,74% 22.053 6,01%

9000: 9999 212.206.731,43 4,23% 22.308 6,08%

10000:10999 261.370.961,19 5,21% 24.899 6,79%

11000:11999 257.686.483,71 5,14% 22.405 6,11%

12000:12999 262.834.984,89 5,24% 21.029 5,73%

13000:13999 265.956.216,09 5,31% 19.711 5,37%

14000:14999 259.863.675,09 5,18% 17.924 4,89%

15000:15999 263.007.478,55 5,25% 16.976 4,63%

16000:16999 248.204.991,30 4,95% 15.047 4,10%

17000:17999 226.304.785,16 4,52% 12.936 3,53%

18000:18999 215.376.155,75 4,30% 11.650 3,18%

19000:19999 197.630.677,59 3,94% 10.141 2,76%

20000:20999 192.607.261,55 3,84% 9.411 2,56%

21000:21999 182.161.286,43 3,63% 8.475 2,31%

22000:22999 156.487.228,58 3,12% 6.957 1,90%

23000:23999 137.377.305,04 2,74% 5.847 1,59%

24000:24999 125.207.974,82 2,50% 5.113 1,39%

25000:25999 110.631.746,75 2,21% 4.343 1,18%

26000:26999 102.283.549,37 2,04% 3.861 1,05%

27000:27999 89.605.162,69 1,79% 3.259 0,89%

28000:28999 78.208.397,98 1,56% 2.746 0,75%

29000:29999 67.595.060,18 1,35% 2.292 0,62%

30000:30999 59.034.238,37 1,18% 1.938 0,53%

31000:31999 50.237.096,62 1,00% 1.596 0,43%

32000:32999 44.282.983,83 0,88% 1.363 0,37%

33000:33999 35.772.652,49 0,71% 1.068 0,29%

34000:34999 30.523.649,87 0,61% 885 0,24%

35000:35999 26.112.691,60 0,52% 736 0,20%

36000:36999 22.224.549,50 0,44% 609 0,17%

37000:37999 20.016.480,98 0,40% 534 0,15%

38000:38999 17.311.424,67 0,35% 450 0,12%

39000:39999 15.070.563,34 0,30% 382 0,10%

40000:40999 14.182.712,36 0,28% 351 0,10%

41000:41999 9.875.565,85 0,20% 238 0,06%

42000:42999 10.364.743,09 0,21% 244 0,07%

43000:43999 7.393.795,25 0,15% 170 0,05%

44000:44999 6.627.991,47 0,13% 149 0,04%

45000:45999 5.728.316,71 0,11% 126 0,03%

46000:46999 5.210.082,42 0,10% 112 0,03%

47000:47999 4.509.628,05 0,09% 95 0,03%

48000:48999 4.166.445,14 0,08% 86 0,02%

49000:49999 4.255.885,60 0,08% 86 0,02%

50000:50999 3.526.250,95 0,07% 70 0,02%

51000:51999 2.783.212,74 0,06% 54 0,01%

52000:52999 3.094.892,15 0,06% 59 0,02%

53000:53999 2.137.546,15 0,04% 40 0,01%

54000:54999 1.852.928,78 0,04% 34 0,01%

55000:55999 1.939.047,21 0,04% 35 0,01%

56000:56999 2.086.166,66 0,04% 37 0,01%

57000:57999 1.662.788,82 0,03% 29 0,01%

58000:58999 760.395,90 0,02% 13 0,00%

59000:59999 655.038,30 0,01% 11 0,00%

60000:60000 420.000,00 0,01% 7 0,00%60001: 12.957.225,80 0,26% 181 0,05%

Total 5.012.198.065,27 100,00% 366.918 100,00%

Statistics in EUR

Average Amount 13.660,27


Santander-Platz 1




Period No 46

7.1 Original PB (Graph) Monthly Period Jul 2018



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

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Santander-Platz 1




Period No 46

8. Current Principal Balance Monthly Period Jul 2018



Current Principal Balance

(Ranges in EUR)

Current Principal

Balance in EUR

Percentage of


Percentage of

Total Loans

0: 999 11.018.692,68 0,37% 23.459 6,39%

1000: 1999 39.230.639,57 1,31% 25.827 7,04%

2000: 2999 71.246.394,05 2,37% 28.422 7,75%

3000: 3999 102.487.604,19 3,42% 29.276 7,98%

4000: 4999 128.407.258,75 4,28% 28.550 7,78%

5000: 5999 149.574.696,25 4,99% 27.230 7,42%

6000: 6999 167.402.951,33 5,58% 25.770 7,02%

7000: 7999 180.288.158,19 6,01% 24.056 6,56%

8000: 8999 185.784.698,82 6,19% 21.884 5,96%

9000: 9999 182.910.577,07 6,10% 19.276 5,25%

10000:10999 177.958.588,40 5,93% 16.967 4,62%

11000:11999 167.586.405,68 5,59% 14.588 3,98%

12000:12999 158.277.634,00 5,28% 12.672 3,45%

13000:13999 149.316.827,91 4,98% 11.072 3,02%

14000:14999 136.109.058,94 4,54% 9.395 2,56%

15000:15999 123.526.003,47 4,12% 7.977 2,17%

16000:16999 110.863.645,23 3,70% 6.726 1,83%

17000:17999 100.018.258,86 3,33% 5.720 1,56%

18000:18999 88.054.903,93 2,94% 4.765 1,30%

19000:19999 78.035.128,51 2,60% 4.005 1,09%

20000:20999 67.719.084,37 2,26% 3.306 0,90%

21000:21999 57.386.934,10 1,91% 2.670 0,73%

22000:22999 51.709.980,87 1,72% 2.300 0,63%

23000:23999 42.628.251,26 1,42% 1.815 0,49%

24000:24999 38.257.669,16 1,28% 1.563 0,43%

25000:25999 33.135.720,57 1,10% 1.300 0,35%

26000:26999 28.815.553,86 0,96% 1.088 0,30%

27000:27999 24.700.089,10 0,82% 899 0,25%

28000:28999 18.624.184,43 0,62% 654 0,18%

29000:29999 18.862.265,76 0,63% 640 0,17%

30000:30999 14.808.917,94 0,49% 486 0,13%

31000:31999 13.957.855,01 0,47% 443 0,12%

32000:32999 10.815.411,91 0,36% 333 0,09%

33000:33999 9.206.665,08 0,31% 275 0,07%

34000:34999 8.068.797,50 0,27% 234 0,06%

35000:35999 7.521.727,48 0,25% 212 0,06%

36000:36999 5.878.546,26 0,20% 161 0,04%

37000:37999 5.248.506,22 0,17% 140 0,04%

38000:38999 4.391.937,15 0,15% 114 0,03%

39000:39999 3.749.484,71 0,12% 95 0,03%

40000:40999 3.804.361,24 0,13% 94 0,03%

41000:41999 2.404.561,08 0,08% 58 0,02%

42000:42999 2.164.844,10 0,07% 51 0,01%

43000:43999 1.870.252,67 0,06% 43 0,01%

44000:44999 1.865.160,84 0,06% 42 0,01%

45000:45999 1.229.942,65 0,04% 27 0,01%

46000:46999 1.257.418,76 0,04% 27 0,01%

47000:47999 1.141.050,82 0,04% 24 0,01%

48000:48999 873.550,07 0,03% 18 0,00%

49000:49999 1.284.833,91 0,04% 26 0,01%

50000:50999 1.060.181,75 0,04% 21 0,01%

51000:51999 670.629,48 0,02% 13 0,00%

52000:52999 786.787,48 0,03% 15 0,00%

53000:53999 532.853,18 0,02% 10 0,00%

54000:54999 545.210,83 0,02% 10 0,00%

55000:55999 388.530,29 0,01% 7 0,00%

56000:56999 507.711,60 0,02% 9 0,00%

57000:57999 230.944,64 0,01% 4 0,00%

58000:58999 410.008,03 0,01% 7 0,00%

59000:59999 296.921,35 0,01% 5 0,00%60001: 3.088.535,69 0,10% 42 0,01%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Statistics in EUR

Average Amount 8.176,21


Santander-Platz 1




Period No 46

8.1 Current PB (Graph) Monthly Period Jul 2018



0

20.000.000

40.000.000

60.000.000

80.000.000

100.000.000

120.000.000

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160.000.000

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Santander-Platz 1




Period No 46

9. Borrower Concentration Monthly Period Jul 2018



No

Current Principal

Balance in EUR

Percentage of

Balance Number of Loans

1 125.808,00 0,0042% 1

2 100.213,16 0,0033% 1

3 99.540,66 0,0033% 1

4 91.685,61 0,0031% 1

5 89.305,95 0,0030% 2

6 88.060,25 0,0029% 1

7 85.179,81 0,0028% 1

8 84.831,86 0,0028% 1

9 82.819,64 0,0028% 2

10 82.444,55 0,0027% 1

11 79.767,32 0,0027% 1

12 79.335,83 0,0026% 1

13 79.278,25 0,0026% 1

14 78.296,56 0,0026% 1

15 78.064,47 0,0026% 1

16 77.146,88 0,0026% 1

17 76.206,00 0,0025% 2

18 73.140,19 0,0024% 1

19 72.696,74 0,0024% 3

20 72.337,70 0,0024% 1

21 72.177,17 0,0024% 1

22 71.255,76 0,0024% 1

23 70.581,89 0,0024% 1

24 70.562,88 0,0024% 1

25 69.895,95 0,0023% 1

2.050.633,08 0,0684% 30


Santander-Platz 1




Period No 46

10. Geographical Distribution Monthly Period Jul 2018



State

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Baden-Wuerttemberg 292.597.324,57 9,75% 34.063 9,28%

Bavaria 284.688.916,54 9,49% 33.223 9,05%

Berlin 59.135.101,14 1,97% 7.303 1,99%

Brandenburg 184.567.347,54 6,15% 23.305 6,35%

Bremen 17.238.612,15 0,57% 2.134 0,58%

Hamburg 31.138.041,56 1,04% 3.894 1,06%

Hesse 170.388.717,94 5,68% 20.608 5,62%

Lower Saxony 315.850.901,17 10,53% 38.729 10,56%

Mecklenburg-Western Pomerania 166.917.766,78 5,56% 20.802 5,67%

North Rhine-Westphalia 548.321.838,17 18,28% 67.212 18,32%

Rhineland-Palatinate 133.479.376,42 4,45% 15.936 4,34%

Saarland 45.057.917,93 1,50% 5.129 1,40%

Saxonia 199.517.118,97 6,65% 26.770 7,30%

Saxony-Anhalt 245.883.268,14 8,20% 30.430 8,29%

Schleswig-Holstein 118.673.493,29 3,96% 14.752 4,02%

Thuringia 181.074.342,95 6,04% 21.973 5,99%

n/a 5.469.913,77 0,18% 655 0,18%

Total 2.999.999.999,03 100,00% 366.918 100,00%


Santander-Platz 1




Period No 46

10.1 Geographical Distribution (Graph) Monthly Period Jul 2018



0

100.000.000

200.000.000

300.000.000

400.000.000

500.000.000

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Santander-Platz 1




Period No 46

11. Object/Vehicle Type Monthly Period Jul 2018



Vehicle Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

New Vehicle 1.119.082.902,12 37,30% 115.773 31,55%Used Vehicle 1.880.917.096,91 62,70% 251.145 68,45%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Object Type

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Car 2.888.489.029,29 96,28% 350.356 95,49%

Leisure 56.516.479,63 1,88% 4.558 1,24%Motorbike 54.994.490,11 1,83% 12004 3,27%

Total 2.999.999.999,03 100,00% 366.918 100,00%


Santander-Platz 1




Period No 46

12. Insurances Monthly Period Jul 2018



Payment Protection

Insurance

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 872.109.093,29 29,07% 107.934 29,42%Yes 2.127.890.905,74 70,93% 258.984 70,58%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Gap Insurance

(Santander Safe)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 1.954.203.259,00 65,14% 254.395 69,33%Yes 1.045.796.740,03 34,86% 112.523 30,67%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Repair Cost Insurance

(Santander AutoCare)

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

No 2.707.397.264,00 90,25% 331.759 90,42%Yes 292.602.735,03 9,75% 35.159 9,58%

Total 2.999.999.999,03 100,00% 366.918 100,00%


Santander-Platz 1




Period No 46

13. Type of Contract Monthly Period Jul 2018



Contracts w/Balloon Payments

Current Principal Balance

in EUR

Percentage of Total


Percentage of Total

Loans

No 2.445.342.354,49 81,51% 316.824 86,35%

Yes 554.657.644,54 18,49% 50.094 13,65%

- of which balloon rates 371.620.198,41 12,39%

- of which regular installments 183.037.446,13 6,10%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Balloon Loans - Original Term in

months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

0:12 3.723,65 0,00% 3 0,01%

13:25 2.380.690,03 0,64% 348 0,69%

26:38 21.125.048,06 5,68% 2.767 5,52%

39:51 110.343.714,29 29,69% 14.041 28,03%

52:64 237.370.174,80 63,87% 32.890 65,66%

65:72 284.917,69 0,08% 32 0,06%73: 111.929,89 0,03% 13 0,03%

Total 371.620.198,41 100,00% 50.094 100,00%

Balloon Loans - Remaining

Term in months

Balloon Rates

in EUR

Balloon Rates in % of

Total Balloon Rates

Number of Balloon

Loans

Percentage of Total

Balloon Loans

0:12 123.759.592,35 33,30% 17.298 34,53%

13:25 115.503.097,43 31,08% 15.602 31,15%

26:38 96.490.901,75 25,96% 12.573 25,10%

39:51 35.713.152,00 9,61% 4.593 9,17%

52:64 140.005,23 0,04% 26 0,05%65:72 13.449,65 0,00% 2 0,00%

Total 371.620.198,41 100,00% 50.094 100,00%


Santander-Platz 1




Period No 46

14. Payment Methods Monthly Period Jul 2018



Payment Method

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

Direct Debit 2.971.338.509,03 99,04% 362.831 98,89%Other 28.661.490,00 0,96% 4.087 1,11%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Cycle of Payment

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

15th of month 1.390.331.881,14 46,34% 170.037 46,34%1st of month 1.609.668.117,89 53,66% 196.881 53,66%

Total 2.999.999.999,03 100,00% 366.918 100,00%


Santander-Platz 1




Period No 46

15. Downpayment Monthly Period Jul 2018



Downpayment

(Ranges in EUR)

Original Principal

Balance in EUR

Percentage of


Percentage of Total

Loans

Downpayment /

Purchase Price in %

No Downpayment 1.210.515.075,36 40,35% 131.414 35,82% 0,00%

0: 999 113.246.329,78 3,77% 18.074 4,93% 5,17%

1000: 1999 249.684.833,02 8,32% 36.631 9,98% 10,59%

2000: 2999 267.279.413,86 8,91% 36.372 9,91% 16,20%

3000: 3999 223.959.029,14 7,47% 29.289 7,98% 21,07%

4000: 4999 168.154.038,41 5,61% 21.534 5,87% 25,62%

5000: 5999 190.915.745,59 6,36% 23.261 6,34% 28,82%

6000: 6999 110.528.536,97 3,68% 13.997 3,81% 33,47%

7000: 7999 84.070.937,22 2,80% 10.558 2,88% 36,87%

8000: 8999 71.283.140,04 2,38% 8.948 2,44% 39,81%

9000: 9999 40.609.956,02 1,35% 5.021 1,37% 42,57%

10000:10999 89.287.193,99 2,98% 10.364 2,82% 43,37%

11000:11999 26.236.648,04 0,87% 3.371 0,92% 48,07%

12000:12999 29.663.623,08 0,99% 3.714 1,01% 49,81%

13000:13999 19.749.502,65 0,66% 2.431 0,66% 51,78%

14000:14999 14.530.348,27 0,48% 1.855 0,51% 54,34%

15000:15999 26.438.408,91 0,88% 3.069 0,84% 53,80%

16000:16999 9.835.176,46 0,33% 1.208 0,33% 57,05%

17000:17999 6.618.057,22 0,22% 909 0,25% 59,93%

18000:18999 6.868.829,33 0,23% 874 0,24% 60,01%

19000:19999 3.526.823,92 0,12% 467 0,13% 62,54%

20000:20000 10.481.437,05 0,35% 948 0,26% 55,65%20001: 26.516.914,70 0,88% 2.609 0,71% 63,53%

Total 2.999.999.999,03 100,00% 366.918 100,00% 20,16%

Downpayment and

Purchase Price All Contracts

Contracts with

Downpayment

Average downpayment 3.188,54 € 4.967,78 €

Average Purchase Price 15.812,31 € 16.877,19 €

Mimimum Downpayment 100,00 €

Maximum Downpayment 110.000,00 €

Downpayment in % 20,16% 29,43%


Santander-Platz 1




Period No 46

16. Effective Interest Rate Monthly Period Jul 2018



Yield Range*

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 0 593.537,47 0,02% 62 0,02%

1: 1 98.836.903,57 3,29% 8.986 2,45%

2: 2 313.582.195,13 10,45% 31.004 8,45%

3: 3 1.321.227.261,30 44,04% 130.928 35,68%

4: 4 797.721.998,54 26,59% 108.404 29,54%

5: 5 297.892.026,43 9,93% 53.240 14,51%

6: 6 114.609.228,30 3,82% 22.084 6,02%

7: 7 31.882.527,46 1,06% 7.240 1,97%

8: 8 16.383.166,97 0,55% 3.150 0,86%

9: 9 5.792.184,87 0,19% 1.512 0,41%

10:10 1.199.375,38 0,04% 245 0,07%

11:11 275.153,35 0,01% 58 0,02%

12:12 2.484,59 0,00% 2 0,00%

13:13 1.739,38 0,00% 2 0,00%14:14 216,29 0,00% 1 0,00%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Statistics in %

WA Interest 4,32%

*runs from .00 to .99


Santander-Platz 1




Period No 46

16.1 Effective Interest Rate (Graph) Monthly Period Jul 2018



*runs from .00 to .99

0

200.000.000

400.000.000

600.000.000

800.000.000

1.000.000.000

1.200.000.000

1.400.000.000

0: 0 1: 1 2: 2 3: 3 4: 4 5: 5 6: 6 7: 7 8: 8 9: 9 10:10 11:11 12:12 13:13 14:14

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Yield Range*


Santander-Platz 1




Period No 46

17. Seasoning Monthly Period Jul 2018



Seasoning in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 2 19.661.778,90 0,66% 1.570 0,43%

3: 5 132.242.551,00 4,41% 10.849 2,96%

6: 8 177.761.779,60 5,93% 15.645 4,26%

9:11 245.089.812,90 8,17% 23.254 6,34%

12:14 269.810.442,46 8,99% 26.787 7,30%

15:17 234.581.157,64 7,82% 22.606 6,16%

18:20 185.710.831,71 6,19% 18.529 5,05%

21:23 240.192.821,96 8,01% 25.570 6,97%

24:26 236.360.811,83 7,88% 25.554 6,96%

27:29 145.583.392,06 4,85% 16.347 4,46%

30:32 105.057.085,79 3,50% 12.257 3,34%

33:35 127.916.780,98 4,26% 16.379 4,46%

36:38 126.554.683,54 4,22% 16.508 4,50%

39:41 112.337.539,99 3,74% 15.052 4,10%

42:44 85.221.650,51 2,84% 12.284 3,35%

45:47 99.105.417,61 3,30% 15.985 4,36%

48:50 99.068.199,67 3,30% 15.797 4,31%

51:53 91.687.653,65 3,06% 15.419 4,20%

54:56 60.924.888,44 2,03% 11.013 3,00%

57:59 55.869.968,06 1,86% 11.398 3,11%

60:62 42.258.376,74 1,41% 9.025 2,46%

63:65 25.588.725,04 0,85% 5.058 1,38%

66:68 14.697.215,30 0,49% 3.088 0,84%

69:71 16.378.029,33 0,55% 3.854 1,05%

72:74 13.534.321,15 0,45% 3.337 0,91%

75:77 11.384.889,01 0,38% 2.811 0,77%

78:80 7.294.591,51 0,24% 2.115 0,58%81: 18.124.602,65 0,60% 8.827 2,41%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Statistics

WA Seasoning 27,28


Santander-Platz 1




Period No 46

17.1 Seasoning (Graph) Monthly Period Jul 2018



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

0: 2 3: 5 6: 8 9:11 12:14 15:17 18:20 21:23 24:26 27:29 30:32 33:35 36:38 39:41 42:44 45:47 48:50 51:53 54:56 57:59 60:62 63:65 66:68 69:71 72:74 75:77 78:80 81:

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Seasoning in Months


Santander-Platz 1




Period No 46

18. Remaining Term Monthly Period Jul 2018



Remaining Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 6 81.604.210,96 2,72% 33.960 9,26%

7: 13 163.831.164,55 5,46% 42.977 11,71%

14: 20 190.234.602,68 6,34% 38.325 10,45%

21: 27 286.654.206,80 9,56% 45.516 12,40%

28: 34 277.877.010,97 9,26% 37.022 10,09%

35: 41 340.688.740,37 11,36% 39.167 10,67%

42: 48 301.378.448,99 10,05% 30.527 8,32%

49: 55 258.292.941,79 8,61% 24.660 6,72%

56: 62 249.724.558,31 8,32% 20.692 5,64%

63: 69 191.028.082,97 6,37% 14.046 3,83%

70: 76 248.802.057,71 8,29% 16.436 4,48%

77: 83 191.664.034,37 6,39% 11.664 3,18%

84: 90 153.941.266,55 5,13% 8.692 2,37%

91: 97 58.132.928,69 1,94% 2.989 0,81%

98:104 4.921.050,11 0,16% 193 0,05%105:107 1.224.693,21 0,04% 52 0,01%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Statistics

WA Remaining Term 46,91


Santander-Platz 1




Period No 46

18.1 Remaining Term (Graph) Monthly Period Jul 2018



0

50.000.000

100.000.000

150.000.000

200.000.000

250.000.000

300.000.000

350.000.000

400.000.000

0: 6 7: 13 14: 20 21: 27 28: 34 35: 41 42: 48 49: 55 56: 62 63: 69 70: 76 77: 83 84: 90 91: 97 98:104 105:107

Cu

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Remaining Term in Months


Santander-Platz 1




Period No 46

19. Original Term Monthly Period Jul 2018



Original Term in

Months

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

0: 12 1.119.744,69 0,04% 782 0,21%

13: 25 28.325.120,76 0,94% 11.476 3,13%

26: 38 128.810.880,76 4,29% 30.447 8,30%

39: 51 343.524.237,16 11,45% 53.712 14,64%

52: 64 749.104.019,94 24,97% 96.062 26,18%

65: 77 369.987.867,92 12,33% 48.339 13,17%

78: 90 410.223.711,24 13,67% 37.068 10,10%

91:103 934.711.717,75 31,16% 86.912 23,69%

104:116 6.347.984,59 0,21% 525 0,14%

117:119 2.864.866,51 0,10% 151 0,04%

120: 24.979.847,71 0,83% 1.444 0,39%

Total 2.999.999.999,03 100,00% 366.918 100,00%

Statistics

WA Original Term 74,20


Santander-Platz 1




Period No 46

19.1 Original Term (Graph) Monthly Period Jul 2018



0

100.000.000

200.000.000

300.000.000

400.000.000

500.000.000

600.000.000

700.000.000

800.000.000

900.000.000

1.000.000.000

0: 12 13: 25 26: 38 39: 51 52: 64 65: 77 78: 90 91:103 104:116 117:119 120:

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Original Term in Months


Santander-Platz 1




Period No 46

20. Manufacturer Brands Monthly Period Jul 2018



Manufacturer

brands

Current Principal

Balance in EUR

Percentage of Total


Percentage of Total

Loans

1 313.007.848,30 10,43% 38.464 10,48%

2 288.899.372,07 9,63% 30.044 8,19%

3 269.724.044,46 8,99% 37.871 10,32%

4 268.262.391,15 8,94% 34.279 9,34%

5 236.947.659,19 7,90% 27.349 7,45%

6 211.424.915,32 7,05% 21.068 5,74%

7 127.274.015,02 4,24% 12.825 3,50%

8 125.489.159,01 4,18% 13.553 3,69%

9 122.644.357,26 4,09% 15.557 4,24%

10 118.323.000,10 3,94% 13.149 3,58%

11 92.588.697,15 3,09% 11.553 3,15%

12 79.867.197,91 2,66% 9.324 2,54%

13 72.072.218,87 2,40% 8.481 2,31%

14 71.489.736,63 2,38% 10.911 2,97%

15 67.066.248,00 2,24% 9.853 2,69%

2.465.080.860,44 82,17% 294.281 80,20%

TOP 15 manufacturer brands in alphabetical order:

Audi, BMW, Citroen, Fiat, Ford, Hyundai, Kia, Mazda, Mercedes, Nissan, Opel, Renault, SEAT (E), Skoda, VW


Santander-Platz 1




Period No 46

21. Priority of Payments + Transaction Costs Monthly Period Jul 2018



Priority of Payments

Available Distribution Amount 167.712.938,10 €

Senior Expenses - 24.194,79 €

Interest Notes Class A - 2.916.712,50 €

Interest Notes Class B - 219.187,50 €

Replenishment - 124.271.702,72 €

Payments to Purchase Shortfall Account - 0,97 €

Payments to Reserve Fund - 30.000.000,00 €

Principal Payments Class A - - €

Principal Payments Class B - - €

Payments to Commingling Reserve Ledger - n/a Payments to Set-Off Reserve Ledger - n/a

Interest Subordinated Loan - 71.375,00 €

Principal Payments Subordinated Loan - - €

Payments to Seller = 10.209.764,62 €

Transaction Costs All notes Class A Class B Senior Expenses 24.194,79 €-

Interest accrued for the Period 3.135.900,00 €- 2.916.712,50 €- 219.187,50 €-

Cumulative Interest accrued 145.402.380,00 €- 135.239.346,00 €- 10.163.034,00 €-

Interest Payments 3.135.900,00 €- 2.916.712,50 €- 219.187,50 €-

Cumulative Interest Payments 145.402.380,00 €- 135.239.346,00 €- 10.163.034,00 €-

Interest accrued on Subordinated Loan for the Period 71.375,00 €-

Cumulative Interest accrued on Subordinated Loan 3.309.420,86 €-

Interest Payments on Subordinated Loan 71.375,00 €-

Cumulative Interest Payments on Subordinated Loan 3.309.420,86 €-

Unpaid Interest for the Period - €

Cumulative Unpaid Interest - €


Santander-Platz 1




Period No 46

22. Retention Monthly Period 11.07.2018



2.999.999.999,91 €

2.999.999.999,64 €

2.999.999.999,03 €

30.000.000,00 €

30.000.000,00 €

30.000.000,00 €

105.000.000,00 €

105.000.000,00 €

105.000.000,00 €

Outstanding Balance of the Class A Notes as of the Offer Date: 2.895.000.000,00 €

Outstanding Balance of the Class A Notes as of the beginning of the Monthly Period: 2.895.000.000,00 €

Outstanding Balance of the Class A Notes of the end of the Monthly Period: 2.895.000.000,00 €

101,00%

101,00%

101,00%Net Economic Interest Ratio as of the end of the Monthly Period:

Santander Consumer Bank AG confirms its compliance to have continuously retained a net economic interest in the SC Germany Auto 2014-2 securitisation transaction of at least 5% of the

securitised Purchased Receivables pursuant to Art. 405 of the CRR (Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013) by retaining the regulatory first

loss tranche which is represented by the Subordinated Loan of at least 1% and by retaining the regulatory second loss tranche which is represented by the Class B Notes of at least 3,5% and the

third loss tranche which is represented by the Class A Notes of at least 0,5%.

Outstanding Balance of the Class B Notes as of the Offer Date:

Outstanding Balance of the Class B Notes as of the beginning of the Monthly Period:

Outstanding Balance of the Class B Notes of the end of the Monthly Period:

Net Economic Interest Ratio as of Offer Date:

Net Economic Interest Ratio as of the beginning of the Monthly Period:

Outstanding Principal Balance of Purchased Receivables as of the end of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the Offer Date:

Outstanding Principal Balance of the Subordinated Loan as of the beginning of the Monthly Period:

Outstanding Principal Balance of the Subordinated Loan as of the end of the Monthly Period:

Outstanding Principal Balance of Purchased Receivables as of the Offer Date:

Outstanding Principal Balance of Purchased Receivables as of the beginning of the Monthly Period:


Santander-Platz 1


SC Germany Auto 2014-2 08.07.2018

Monthly Investor Report 11.07.2018

46

23. Counterparties Jul 2018

from 11.06.2018 to 11.07.2018 = 30 days

from 01.06.2018 to 30.06.2018

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

Counterpart

y status

Calculation Agent, Cash Administrator:Wilmington Trust SP Services (Frankfurt) GmbH

- - - - - -performing

Steinweg 3-5

eMail: [email protected] 60313 Frankfurt am Main

Phone: +49 (0)69 9288 49512 Germany

Account Bank and Principal Paying Agent: BNP Paribas Securities Services - - - A A-1 STABLE performing

33, rue de Gasperich

eMail: [email protected] L-5826 Hesperange

Phone: +34 91 7625101 The Grand Duchy of Luxembourg

Transaction Security Trustee: Circumference FS (Netherlands) B.V. - - - - - - performing

Barbara Strozzilaan 101

eMail: [email protected] 1083 HN Amsterdam

Phone: +31 20 205 0132 The Netherlands

Data Trustee: Circumference FS (Luxembourg) S.A. - - - - - - performing

52-54 Avenue Du X Septembre

eMail: [email protected] L-2550 Luxembourg

Phone: + 352 2602 4945 The Grand Duchy of Luxembourg

Rating Agencies: DBRS Ratings Ltd. Standard & Poor's Ratings Services

Structured Finance Structured Finance

1 Minister Court, 10th floor, Mincing Lane 20 Canada Square

EC3R 7 AA London E14 5LH London

United Kingom United Kingdom

Ratings as of 30.06.2018, data source: Bloomberg

DBRS S & P

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period

Collection Period


Santander-Platz 1


mailto:[email protected]






Period No 46

24. Issuer Information Monthly Period Jul 2018



Deal Name: SC Germany Auto 2014-2

Issuer: SC Germany Auto 2014-2 UG (haftungsbeschränkt)

The Managing Directors

Steinweg 3-5

60313 Frankfurt am Main

Germany

eMail [email protected]

fax +49 (0) 69 2992 5387

Seller of the Receivables: Santander Consumer Bank AG

Servicer Name: Santander Consumer Bank AG

Reporting Entity: Santander Consumer Bank AG

Capital Markets

Santander-Platz 1

41061 MönchengladbachGermany


fax +49 (0) 2161 690 7077

SPV-Administrator: Wilmington Trust SP Services (Frankfurt) GmbH

Steinweg 3-5

60313 Frankfurt am Main

Germany


fax +49 (0) 69 2992 5387


Santander-Platz 1


SC Germany Auto 2014-2 08.07.2018

Monthly Investor Report 11.07.2018

46

25. Santander Consumer Bank Jul 2018

from 11.06.2018 to 11.07.2018 = 30 days

from 01.06.2018 to 30.06.2018

Contact DetailsCapital Markets

Peter René Müller +49-2161-690-7337 [email protected]

Ralf Schüring +49-2161-690-5464 [email protected]

Bastian Menges +49-2161-690-7085 [email protected]

Stefan Zilligen +49-2161-690-6069 [email protected]

Tobias Daners +49-2161-690-7410 [email protected]

Ronja Dahmen +49-2161-690-9453 [email protected]

Team ABS [email protected]

Ratings Santander

Long

Term

Short

TermOutlook

Long

Term

Short

TermOutlook

AH R-1M STABLE A A-1 STABLE

- - - A- A-2 STABLE

- - - A- A-2 STABLE

Ratings as of 30.06.2018, data source: Bloomberg

Collection Period

Reporting Date

Payment Date

Period No

Monthly Period

Interest Period


S & P

Banco Santander S.A.

Santander Consumer Finance S.A.

DBRS


Santander-Platz 1







Documents

SC Germany Auto 2014-2 Monthly Investor Report · SC Germany Auto 2014-2 Reporting Date 08.07.2018 Monthly Investor Report Payment Date 11.07.2018 Period No 46 Cover Sheet Monthly