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SC Germany Consumer 2016-1Monthly Investor Report
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
Cover Sheet Monthly Investor Report Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Index Page
1. Portfolio Information 1
2. Reserve Accounts 2
3. Performance Data 3
4. Concentration Limits 4
5. Outstanding Notes 5
6. Original Principal Balance 6
6.1 Original PB (Graph) 7
7. Current Principal Balance 8
7.1 Current PB (Graph) 9
8. Borrower Concentration 10
9. Geographical Distribution 11
9.1 Geographical (Graph) 12
10. Collateral 13
11. Insurances 14
12. Payment Methods 15
13. Customer Yield 16
13.1 Customer Yield (Graph) 17
14. Seasoning 18
14.1 Seasoning (Graph) 19
15. Remaining Term 20
15.1 Remaining Term (Graph) 21
16. Original Term 22
16.1 Original Term (Graph) 23
17. Loan Concentration 24
18. Priority of Payments + Transaction Costs 25
19. Swap Counterparty Data 26
20. Retention 27
21. Santander Consumer Bank 28
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
1. Portfolio Information Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
current period previous period
Outstanding ReceivablesNo. of
ContractsAggregate Outstanding
Principal AmountAggregate Outstanding
Principal Amount
Beginning of Period 718.249.318,98 € 749.999.985,74 €
Scheduled Principal Payments 20.819.957,87 € Prepayment Principal 7.212.151,60 €
Total Principal Collections 28.032.109,47 € 31.561.402,46 €
Total Interest Collections 3.849.237,76 € 4.015.402,36 €
Defaults 599.685,74 € 189.264,30 €
Replenishment Amount* 58.755.260,87 € - €
End of Period 77.586 748.372.784,64 € 718.249.318,98 €
Purchase Shortfall Amount 1.627.215,36 € 31.750.681,02 €
Total Assets (End of Period) 750.000.000,00 € 750.000.000,00 €
Current Prepayment Rate (annualised) 11,4%
letter between SPV, Security Trustee and Originator.
*Due to technical reasons, the Cut-Off Date with respect to the Eligible Receivables to be offeredtogether with any Related Collateral in connection with the Replenishment will, in deviation from the Transaction Documents, be 2 January 2017 instead of 31 December 2016 as agreed in an amendment
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
2. Reserve Accounts Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Note BalanceBeginning of Period 750.000.000,00 € End of Period 750.000.000,00 €
Reserve AccountsLiquidity Reserve in % Trigger Event y/nBeginning of Period 0,5% 3.750.000,00 € Cash Outflow - € Cash Inflow - € End of Period 0,5% 3.750.000,00 € Required Liquidity Reserve Fund 0,5% 3.750.000,00 €
Commingling Reserve in %Beginning of Period n/a noCash Outflow n/aCash Inflow n/aEnd of Period n/aRequired Commingling Reserve Fund n/a
Set-Off Reserve in %Beginning of Period n/a noCash Outflow n/aCash Inflow n/aEnd of Period n/aRequired Set-Off Reserve Fund n/a
Current Set-Off Amount n/aSet-Off Amount (per Loan) n/aSet-Off Amount (in % of Outstanding Balance) n/a
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
3. Performance Data Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Note BalanceBeginning of Period 750.000.000,00 € End of Period 750.000.000,00 €
Delinquency Data and Ratios3-MRA* /
current ratio Amount at risk Overdue amountNumber of
Loans
3-MRA* 31- 60 days past due 0,15%31- 60 days past due period before previous period 206.123,10 € 9.296,41 € 1831- 60 days past due previous period 1.558.926,02 € 57.333,39 € 7931- 60 days past due current period 0,22% 1.663.283,61 € 66.859,95 € 111
3-MRA* 61-90 days past due 0,05%61- 90 days past due period before previous period 22.792,81 € 809,68 € 161- 90 days past due previous period 174.751,12 € 11.638,19 € 1461- 90 days past due current period 0,12% 901.950,95 € 48.536,59 € 48
3-MRA* 91-120 days past due 0,01%91- 120 days past due period before previous period - € - € 091- 120 days past due previous period 17.371,93 € 1.324,11 € 491- 120 days past due current period 0,02% 164.160,29 € 13.136,76 € 15
Default Data and Ratios Amount Number of Loans
Current DefaultCurrent Period Gross Default 599.685,74 € Current Period Recoveries 86,27 € Current Period Net Default 599.599,47 € New Number of Defaulted Contracts 33
Cumulative DefaultCumulative Gross Default 788.950,04 € Cumulative Recoveries 1.167,03 €- Cumulative Net Default 790.117,07 € Total Number of Defaulted Contracts 45
3-MRA* /current ratio Ratio
3-MRA* Annualised Loss Ratio (Neue Rechtsakten) 0,44%Annualised Loss Ratio period before previous period 0,00%Annualised Loss Ratio previous period 0,30%Annualised Loss Ratio current period 1,00% 1,00%
Principial Deficiency Principial Deficiency period before previous period - € Principial Deficiency previous period - € Principial Deficiency current period - €
* 3-MRA stands for three months rolling average
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
4. Concentration Limits Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Portfolio Concentrations Minimum-Trigger Maximum-Trigger Current Value Trigger Breach
Average Yield (applicable for Total Portfolio) 6,20% - 6,68% no
Remaining Term (applicable for Total Portfolio) - 68,50 62,95 no
Early Amortisation Events Maximum-Trigger Current Value Trigger Breach
Cumulative Loss Ratio- prior to 30 September 2017 1,80% 0,10% no
Purchase Shortfall Event no Period before previous period 17,70 € Previous period 14,26 € Current period 31.750.681,02 €
Principal Deficiency Event - € no
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
5. Outstanding Notes Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
1. Note Balance All notes Class A Class B Class C Class D Class EGeneral Note Information ISIN Code XS1489761558 XS1489762366 XS1489762523 XS1489763091 XS1489763331 Currency EUR EUR EUR EUR EUR Initial Tranching in % 84,8% 5,8% 3,8% 1,5% 4,2% Legal Maturity Sep 2029 Sep 2029 Sep 2029 Sep 2029 Sep 2029 Expected Maturity Okt 2020 Apr 2021 Apr 2021 Apr 2021 Apr 2021 Original Rating (DBRS / S&P) AA (sf) / AA (sf) A (sf) / A (sf) BBB (sf) / BBB(sf) BB (sf) / BB (sf) Not rated Current Rating (DBRS / S&P)* AA (sf) / AA (sf) A (sf) / A (sf) BBB (sf) / BBB(sf) BB (sf) / BB (sf) Not rated Initial Notes Aggregate Principal Outstanding Balance 750.000.000,00 € 635.800.000,00 € 43.200.000,00 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 € Initial Nominal per Note 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € Initial Number of Notes per Class 6.358 432 282 113 315
Current Note Information Class Principal Outstanding Balance Beginning of Period 750.000.000,00 € 635.800.000,00 € 43.200.000,00 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 € Available Distribution Amount 63.632.114,52 € Replenishment 58.755.260,87 € Amortisation 0,00 € Redemption per Class 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € Redemption per Note 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € Class Principal Outstanding Balance End of Period 750.000.000,00 € 635.800.000,00 € 43.200.000,00 € 28.200.000,00 € 11.300.000,00 € 31.500.000,00 € Current Tranching 84,8% 5,8% 3,8% 1,5% 4,2% Current Pool Factor 1,00 1,00 1,00 1,00 1,00
2. Payments to Investors per Note All notes Class A Cl ass B Class C Class D Class E Interest Rate Basis: 1 M-Euribor / Fixed / Floating -0,371% 0,150% 0,650% 1,000% +500 bps +945 bps DayCount Convention 31 act/360 act/360 act/360 act/360 act/360 Interest Days Principal Outstanding per Note Beginning of Period 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €> Principal Repayment per Note 0,00 € 0,00 € 0,00 € 0,00 € 0,00 € Principal Outstanding per Note End of Period 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 € 100.000,00 €> Interest accrued for the period 82.145,36 € 24.179,04 € 24.283,02 € 45.042,93 € 246.267,00 € Interest Payment 82.145,36 € 24.179,04 € 24.283,02 € 45.042,93 € 246.267,00 € Interest Payment per Note 12,92 € 55,97 € 86,11 € 398,61 € 781,80 €
3. Credit Enhancements Class A Class B Class C Class D Class EInitial total CE (Subordination, Reserve) 15,23% 9,47% 5,71% 4,20% 0,00%Current CE (incl. Excess Spread) 21,25% 15,49% 11,73% 10,23% 6,03%Current CE (excl. Excess Spread) 15,23% 9,47% 5,71% 4,20% 0,00%
* Last rating action as of 27.09.2016
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
6. Original Principal Balance Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Original Principal Balance (Ranges in EUR)
Original Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
0: 1999 8.083.934,15 0,89% 6.362 8,20% 2000: 3999 51.776.621,59 5,73% 18.052 23,27% 4000: 5999 64.136.303,91 7,10% 13.194 17,01% 6000: 7999 43.293.621,91 4,79% 6.369 8,21% 8000: 9999 37.080.073,04 4,10% 4.199 5,41%
10000: 11999 55.572.709,63 6,15% 5.198 6,70% 12000: 13999 42.407.233,73 4,69% 3.320 4,28% 14000: 15999 33.899.798,98 3,75% 2.262 2,92% 16000: 17999 35.186.463,88 3,89% 2.075 2,67% 18000: 19999 34.494.723,51 3,82% 1.819 2,34% 20000: 21999 35.549.273,02 3,93% 1.695 2,18% 22000: 23999 35.149.644,81 3,89% 1.530 1,97% 24000: 25999 36.025.262,69 3,99% 1.444 1,86% 26000: 27999 36.738.659,15 4,07% 1.361 1,75% 28000: 29999 36.349.852,27 4,02% 1.253 1,61% 30000: 31999 30.391.174,94 3,36% 982 1,27% 32000: 33999 26.558.968,28 2,94% 805 1,04% 34000: 35999 26.620.483,06 2,95% 761 0,98% 36000: 37999 23.937.552,76 2,65% 648 0,84% 38000: 39999 23.254.980,36 2,57% 597 0,77% 40000: 41999 20.725.444,97 2,29% 506 0,65% 42000: 43999 18.358.963,68 2,03% 427 0,55% 44000: 45999 18.140.552,11 2,01% 403 0,52% 46000: 47999 16.019.359,94 1,77% 341 0,44% 48000: 49999 15.133.348,86 1,67% 309 0,40% 50000: 51999 13.750.765,23 1,52% 270 0,35% 52000: 53999 13.891.451,16 1,54% 262 0,34% 54000: 55999 12.316.680,35 1,36% 224 0,29% 56000: 57999 10.994.869,39 1,22% 193 0,25% 58000: 59999 9.082.022,43 1,01% 154 0,20% 60000: 61999 7.795.281,41 0,86% 128 0,16% 62000: 63999 6.101.521,07 0,68% 97 0,13% 64000: 65999 5.333.196,10 0,59% 82 0,11% 66000: 67999 4.215.545,03 0,47% 63 0,08% 68000: 69999 2.964.057,09 0,33% 43 0,06% 70000: 71999 2.340.025,29 0,26% 33 0,04% 72000: 73999 2.630.621,56 0,29% 36 0,05% 74000: 75999 1.800.462,21 0,20% 24 0,03% 76000: 77999 922.453,36 0,10% 12 0,02% 78000: 79999 1.340.427,12 0,15% 17 0,02% 80000: 81999 569.057,39 0,06% 7 0,01% 82000: 83999 581.502,27 0,06% 7 0,01% 84000: 85999 764.484,74 0,08% 9 0,01% 86000: 87999 523.819,26 0,06% 6 0,01% 88000: 89999 89.807,17 0,01% 1 0,00% 90000: 91999 90.756,47 0,01% 1 0,00% 92000: 93999 92.619,95 0,01% 1 0,00% 98000: 99999 197.989,28 0,02% 2 0,00%
100001: 216.450,48 0,02% 2 0,00%Total 903.490.871,04 100,00% 77.586 100,00%
Statistics in EURAverage Amount 11.645,02
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
6.1 Original PB (Graph) Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
0
10.000.000
20.000.000
30.000.000
40.000.000
50.000.000
60.000.000
70.000.000
Orig
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Prin
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ance
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
7. Current Principal Balance Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Current Principal Balance (Ranges in EUR)
Current Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
0: 1999 19.734.924,85 2,64% 17.844 23,00% 2000: 3999 47.320.133,51 6,32% 16.571 21,36% 4000: 5999 41.718.638,61 5,57% 8.577 11,05% 6000: 7999 37.862.901,67 5,06% 5.452 7,03% 8000: 9999 45.999.311,18 6,15% 5.127 6,61%
10000:11999 39.119.474,85 5,23% 3.572 4,60%12000:13999 31.511.575,24 4,21% 2.427 3,13%14000:15999 33.274.781,95 4,45% 2.220 2,86%16000:17999 34.101.934,69 4,56% 2.008 2,59%18000:19999 33.584.438,13 4,49% 1.770 2,28%20000:21999 33.158.283,05 4,43% 1.580 2,04%22000:23999 34.349.958,43 4,59% 1.495 1,93%24000:25999 33.055.274,26 4,42% 1.323 1,71%26000:27999 31.641.309,46 4,23% 1.173 1,51%28000:29999 26.717.560,90 3,57% 924 1,19%30000:31999 24.329.207,75 3,25% 785 1,01%32000:33999 24.730.008,43 3,30% 750 0,97%34000:35999 20.840.860,16 2,78% 596 0,77%36000:37999 19.041.508,45 2,54% 515 0,66%38000:39999 17.561.276,37 2,35% 451 0,58%40000:41999 16.680.086,15 2,23% 407 0,52%42000:43999 15.787.218,55 2,11% 367 0,47%44000:45999 13.625.959,62 1,82% 303 0,39%46000:47999 11.400.421,76 1,52% 243 0,31%48000:49999 11.769.379,60 1,57% 240 0,31%50000:51999 10.035.996,85 1,34% 197 0,25%52000:53999 9.159.747,60 1,22% 173 0,22%54000:55999 6.092.787,44 0,81% 111 0,14%56000:57999 5.017.700,03 0,67% 88 0,11%58000:59999 4.014.259,26 0,54% 68 0,09%60000:61999 3.838.840,53 0,51% 63 0,08%62000:63999 2.767.551,54 0,37% 44 0,06%64000:65999 2.273.610,49 0,30% 35 0,05%66000:67999 1.869.576,47 0,25% 28 0,04%68000:69999 761.427,62 0,10% 11 0,01%70000:71999 1.063.062,68 0,14% 15 0,02%72000:73999 946.167,68 0,13% 13 0,02%74000:75999 452.546,80 0,06% 6 0,01%76000:77999 231.805,03 0,03% 3 0,00%78000:79999 316.189,51 0,04% 4 0,01%
80001: 615.087,49 0,08% 7 0,01%
Total 748.372.784,64 100,00% 77.586 100,00%
Statistics in EURAverage Amount 9.645,72
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
7.1 Current PB (Graph) Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
0
5.000.000
10.000.000
15.000.000
20.000.000
25.000.000
30.000.000
35.000.000
40.000.000
45.000.000
50.000.000
Cur
rent
Prin
cipa
l Bal
ance
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
8. Borrower Concentration Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
NoCurrent Principal Balance in EUR
Percentage of Total Balance Number of Loans
1 98.802,06 0,0132% 12 97.198,18 0,0130% 13 89.511,17 0,0120% 14 84.142,41 0,0112% 15 82.269,30 0,0110% 16 81.638,74 0,0109% 17 81.525,63 0,0109% 18 79.236,22 0,0106% 19 79.163,50 0,0106% 1
10 79.126,43 0,0106% 111 78.663,36 0,0105% 112 77.867,08 0,0104% 113 77.405,85 0,0103% 114 76.532,10 0,0102% 115 75.848,09 0,0101% 116 75.587,63 0,0101% 117 75.572,36 0,0101% 118 75.467,15 0,0101% 119 75.091,15 0,0100% 120 74.980,42 0,0100% 121 73.967,81 0,0099% 122 73.535,16 0,0098% 123 73.427,19 0,0098% 124 73.231,67 0,0098% 125 72.777,01 0,0097% 1
1.982.567,67 0,2649% 25
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
9. Geographical Distribution Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
StateCurrent Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
Baden-Württemberg 87.227.913,38 11,66% 9.294 11,98%Bayern 83.171.554,58 11,11% 9.631 12,41%Berlin 37.225.694,91 4,97% 3.906 5,03%Brandenburg 31.312.347,95 4,18% 3.382 4,36%Bremen 5.602.217,73 0,75% 581 0,75%Hamburg 13.839.224,14 1,85% 1.510 1,95%Hessen 54.177.514,42 7,24% 5.421 6,99%Mecklenburg-Vorpommern 25.090.702,08 3,35% 2.422 3,12%Niedersachsen 74.784.473,14 9,99% 7.538 9,72%Nordrhein-Westfalen 171.139.167,01 22,87% 16.736 21,57%Rheinland-Pfalz 36.807.389,11 4,92% 3.766 4,85%Saarland 9.432.657,05 1,26% 932 1,20%Sachsen 38.864.758,23 5,19% 4.170 5,37%Sachsen-Anhalt 31.225.888,91 4,17% 2.995 3,86%Schleswig-Holstein 22.951.479,47 3,07% 2.625 3,38%Thüringen 25.317.181,64 3,38% 2.657 3,42%n/a 202.620,89 0,03% 20 0,03%Total 748.372.784,64 100,00% 77.586 100,00%
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
9.1 Geographical Distribution (Graph) Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
0
20.000.000
40.000.000
60.000.000
80.000.000
100.000.000
120.000.000
140.000.000
160.000.000
180.000.000
Cur
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cipa
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ance
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
10. Collateral Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
CollateralCurrent Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
secured 167.035.790,62 22,32% 6.806 8,77%unsecured 581.336.994,02 77,68% 70.780 91,23%
Total 748.372.784,64 100,00% 77.586 100,00%
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
11. Insurances Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Payment Protection Insurance
Current Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
No 127.864.640,26 17,09% 27.763 35,78%Yes 620.508.144,38 82,91% 49.823 64,22%
Total 748.372.784,64 100,00% 77.586 100,00%
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
12. Payment Methods Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Payment MethodCurrent Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
Direct Debit 736.796.862,26 98,45% 76.734 98,90%Other 11.575.922,38 1,55% 852 1,10%
Total 748.372.784,64 100,00% 77.586 100,00%
Cycle of PaymentCurrent Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
15th of month 191.860.675,54 25,64% 20.374 26,26%1st of month 556.512.109,10 74,36% 57.212 73,74%
Total 748.372.784,64 100,00% 77.586 100,00%
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
13. Customer Yield Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Yield Range *Current Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
0: 0 1.029.778,67 0,14% 1.272 1,64% 1: 1 15.488.604,63 2,07% 10.836 13,97% 2: 2 22.484.148,40 3,00% 9.646 12,43% 3: 3 99.359.830,94 13,28% 13.389 17,26% 4: 4 73.397.936,81 9,81% 5.090 6,56% 5: 5 96.937.471,46 12,95% 6.110 7,88% 6: 6 87.983.136,47 11,76% 5.489 7,07% 7: 7 177.919.940,86 23,77% 12.454 16,05% 8: 8 107.191.782,75 14,32% 8.255 10,64% 9: 9 59.429.535,15 7,94% 4.365 5,63%10:10 5.841.229,57 0,78% 534 0,69%11:11 867.478,39 0,12% 84 0,11%12:12 391.966,70 0,05% 51 0,07%13:13 36.546,96 0,00% 9 0,01%14:14 13.396,88 0,00% 2 0,00%
Total 748.372.784,64 100,00% 77.586 100,00%
Statistics in %WA Interest 6,68%
*runs from .00 to .99
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
13.1 Customer Yield (Graph) Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
*runs from .00 to .99
0
20.000.000
40.000.000
60.000.000
80.000.000
100.000.000
120.000.000
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180.000.000
200.000.000
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
Cur
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Prin
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ance
Yield Range *
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
14. Seasoning Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Seasoning in Months
Current Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
0: 2 2.829.200,92 0,38% 416 0,54% 3: 5 30.136.887,82 4,03% 3.143 4,05% 6: 8 231.182.748,12 30,89% 24.412 31,46% 9:11 239.431.268,94 31,99% 23.227 29,94%12:14 103.046.197,05 13,77% 10.402 13,41%15:17 58.069.717,95 7,76% 6.013 7,75%18:20 23.202.158,34 3,10% 2.653 3,42%21:23 19.594.083,04 2,62% 2.479 3,20%24:26 13.227.989,13 1,77% 1.658 2,14%27:29 14.968.829,39 2,00% 1.980 2,55%30:32 8.010.054,80 1,07% 685 0,88%33:35 1.238.766,04 0,17% 90 0,12%36:38 452.775,42 0,06% 48 0,06%39:41 914.644,28 0,12% 146 0,19%42:44 114.187,42 0,02% 11 0,01%45:47 275.739,44 0,04% 18 0,02%48:50 103.014,24 0,01% 12 0,02%51:53 239.909,49 0,03% 28 0,04%54:56 202.874,49 0,03% 21 0,03%57:59 193.529,86 0,03% 33 0,04%60:62 149.590,63 0,02% 19 0,02%63:65 250.174,22 0,03% 30 0,04%66:68 237.109,56 0,03% 23 0,03%69:71 176.744,20 0,02% 21 0,03%72:74 76.411,84 0,01% 8 0,01%75:77 33.305,86 0,00% 6 0,01%78:80 14.872,15 0,00% 4 0,01%
Total 748.372.784,64 100,00% 77.586 100,00%
StatisticsWA Seasoning 11,37
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
14.1 Seasoning (Graph) Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
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
Cur
rent
Prin
cipa
l Bal
ance
Seasoning in Months
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
15. Remaining Term Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Remaining Term in Months
Current Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
0: 6 2.461.861,85 0,33% 3.818 4,92% 7: 13 8.789.750,62 1,17% 5.876 7,57% 14: 20 18.394.669,69 2,46% 7.536 9,71% 21: 27 25.115.972,02 3,36% 8.132 10,48% 28: 34 39.295.092,73 5,25% 9.446 12,17% 35: 41 38.792.154,26 5,18% 5.240 6,75% 42: 48 47.162.536,19 6,30% 4.902 6,32% 49: 55 79.012.064,07 10,56% 6.726 8,67% 56: 62 63.679.779,38 8,51% 3.835 4,94% 63: 69 91.307.608,91 12,20% 5.118 6,60% 70: 76 91.730.867,99 12,26% 4.855 6,26% 77: 83 89.708.282,22 11,99% 4.851 6,25% 84: 90 126.432.505,65 16,89% 5.951 7,67% 91: 97 26.489.639,06 3,54% 1.300 1,68%
Total 748.372.784,64 100,00% 77.586 100,00%
StatisticsWA Remaining Term 62,95
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
15.1 Remaining Term (Graph) Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
0
20.000.000
40.000.000
60.000.000
80.000.000
100.000.000
120.000.000
140.000.000
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
Cur
rent
Prin
cipa
l Bal
ance
Remaining Term in Months
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
16. Original Term Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Original Term in Months
Current Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans
0: 13 1.993.006,89 0,27% 2.494 3,21% 14: 20 4.428.169,30 0,59% 3.297 4,25% 21: 27 17.023.332,44 2,27% 8.088 10,42% 28: 34 4.906.614,53 0,66% 1.146 1,48% 35: 41 51.943.613,58 6,94% 17.416 22,45% 42: 48 11.547.923,83 1,54% 1.545 1,99% 49: 55 54.791.105,12 7,32% 7.558 9,74% 56: 62 89.051.986,26 11,90% 8.678 11,19% 63: 69 32.642.321,82 4,36% 1.675 2,16% 70: 76 102.199.670,74 13,66% 6.309 8,13% 77: 83 38.488.232,87 5,14% 1.496 1,93% 84: 90 125.856.990,54 16,82% 7.450 9,60% 91: 97 118.582.517,61 15,85% 5.942 7,66% 98:104 93.623.172,70 12,51% 4.411 5,69%105:111 1.126.975,97 0,15% 70 0,09%112:118 91.460,48 0,01% 7 0,01%119:120 53.688,62 0,01% 3 0,00%121: 22.001,34 0,00% 1 0,00%
Total 748.372.784,64 100,00% 77.586 100,00%
StatisticsWA Original Term 74,31
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
16.1 Original Term (Graph) Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
0
20.000.000
40.000.000
60.000.000
80.000.000
100.000.000
120.000.000
140.000.000
0: 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 98:104 105:111 112:118 119:120 121:
Cur
rent
Prin
cipa
l Bal
ance
Original Term in Months
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
17. Loan Concentration Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Loan Concentration
Current Principal Balance in EUR
Percentage of Total Balance Number of Loans
Percentage of Total Loans Number of Debtors
Percentage of Total Debtors
1: 1 742.643.901,34 99,23% 76.074 98,05% 76.074 99,04% 2: 2 5.558.942,77 0,74% 1.424 1,84% 712 0,93% 3: 3 157.153,67 0,02% 75 0,10% 25 0,03% 4: 4 9.119,82 0,00% 8 0,01% 2 0,00% 5: 5 3.667,04 0,00% 5 0,01% 1 0,00%Total 748.372.784,64 100,00% 77.586 100,00% 76.814 100,0 0%
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
18. Priority of Payments + Transaction Costs Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Priority of Payments
Available Distribution Amount 63.632.114,52 € Senior Expenses - - € Net Swap Payments - 1.805,92 €- Interest Notes Class A - 82.145,36 € Interest Notes Class B - 24.179,04 € Interest Notes Class C - 24.283,02 € Interest Notes Class D - 45.042,93 € Interest Notes Class E - 246.267,00 € Replenishment - 58.755.260,87 € Payments to Purchase Shortfall Account - 1.627.215,36 € Principal Payments Class A - - € Principal Payments Class B - - € Principal Payments Class C - - € Principal Payments Class D - - € Principal Payments Class E - - € Payments to Commingling Reserve Ledger - n/a Payments to Set-Off Reserve Ledger - n/a Payments to Seller = 2.829.526,86 €
Transaction Costs All notes Class A Class B Class C Clas s D Class E Senior Expenses - € Interest accrued for the Period 421.917,35 €- 82.145,36 €- 24.179,04 €- 24.283,02 €- 45.042,93 €- 246.267,00 €- Cumulative Interest accrued 1.469.754,13 €- 286.110,00 €- 84.240,00 €- 84.600,00 €- 156.901,63 €- 857.902,50 €- Interest Payments 421.917,35 €- 82.145,36 €- 24.179,04 €- 24.283,02 €- 45.042,93 €- 246.267,00 €- Cumulative Interest Payments 1.469.754,13 €- 286.110,00 €- 84.240,00 €- 84.600,00 €- 156.901,63 €- 857.902,50 €- Unpaid Interest for the Period - € Cumulative Unpaid Interest - €
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
19. Swap Counterparty Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Swap Counterparty Swap Counterparty Abbey National Treasury Services plc Swap Rating Trigger Breach no
Rating Trigger & Current RatingsConsequenses
LongTerm
ShortTerm
OutlookLongTerm
ShortTerm
OutlookTrigger breach
1st Rating TriggerCollateral, Guaranteeor Replacement BBB - BB - no
Current Counterparty Ratings - - - A A-1 NEG
Current Swap Data Swap Counterparty Details Counterparty Replacement Swap Type Fixed Floating Interest Rate Swap Abbey National Treasury Services plc Old Counterparty Abbey National Treasury Services plc Notional Amount 42.800.000,00 € FI Structuring Current Counterparty Abbey National Treasury Services plc Fixed Rate -0,4200% 2 Triton Square Floating Rate (Euribor) -0,3710% Regent's Place Net Swap Payments 1.805,92 € London, NW1 3AN Notional Amount next period 42.800.000,00 € United Kingdom
Ratings as of 31/12/2016, data source: Bloomberg
DBRS S & P
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
20. Retention Monthly Period Jan 2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Outstanding Balance of the Class A Notes as of the Offer Date: 635.800.000,00 €635.800.000,00 €635.800.000,00 €635.800.000,00 €
Outstanding Balance of the Class B Notes as of the Offer Date: 43.200.000,00 €43.200.000,00 €
Outstanding Balance of the Class B Notes as of the end of the Monthly Period: 43.200.000,00 €43.200.000,00 €
Outstanding Balance of the Class C Notes as of the Offer Date: 28.200.000,00 €28.200.000,00 €
Outstanding Balance of the Class C Notes as of the end of the Monthly Period: 28.200.000,00 €28.200.000,00 €
Outstanding Balance of the Class D Notes as of the Offer Date: 11.300.000,00 €600.000,00 €
Outstanding Balance of the Class D Notes as of the end of the Monthly Period: 11.300.000,00 €600.000,00 €
Outstanding Balance of the Class E Notes as of the Offer Date: 31.500.000,00 €1.600.000,00 €
Outstanding Balance of the Class E Notes as of the end of the Monthly Period: 31.500.000,00 €1.600.000,00 €Outstanding Balance of the retained Class E Notes 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 Consumer 2016-1 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 no less than 5 % of the nominal value of each of the tranches sold or transferred to the investors.
Outstanding Balance of the Class A Notes as of the end of the Monthly Period:
Outstanding Balance of the retained Class B Notes as of the Offer Date:
Outstanding Balance of the retained Class A Notes as of the Offer Date:
Outstanding Balance of the retained Class A Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class B Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class C Notes as of the Offer Date:
Outstanding Balance of the retained Class C Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class D Notes as of the Offer Date:
Outstanding Balance of the retained Class D Notes of the end of the Monthly Period:
Outstanding Balance of the retained Class E Notes as of the Offer Date:
SC Germany Consumer 2016-1 11.01.2017
Monthly Investor Report 13.01.20174
21. Counterparties Jan 2017
from 13.12.2016 to 13.01.2017 = 31 daysfrom 01.12.2016 to 31.12.2016
LongTerm
ShortTerm
OutlookLongTerm
ShortTerm
OutlookCounterparty
status
Join Lead Managers: UniCredit Bank AG - - - BBB *+ A-2 - performingArabellastraße 1281925 MünchenGermany
Banco Santander S.A. A R-1L STABLE A- A-2 STABLE performingSantander Global Banking and Markets2 Triton SquareRegent's PlaceLondon NW1 3ANUnited Kingdom
Paying Agent: Bank of New York Mellon AA R-1H STABLE AA- A-1+ STABLE performingCorporate Trust Administration One Canada SquareLondon E14 5ALEngland
Transaction Account: Bank of New York Mellon AA R-1H STABLE AA- A-1+ STABLE performingMesseturmFriedrich-Ebert-Anlage 4960327 Frankfurt am MainGermany
Transaction Security Trustee: Wilmington Trust (Lond on) Limited - - - - - - performingThird Floor, 1 King's Arms YardLondon EC2R 7AFUnited Kingdom
Data Trustee: Wilmington Trust (London) Limited - - - - - - performingThird Floor, 1 King's Arms YardLondon EC2R 7AFUnited Kingdom
Rating Agencies: Standard & Poor's Ratings Services DBRSStructured Finance Surveillance Team20 Canada Square 1 Minster CourtE14 5LH London London EC3R 7AAUnited Kingdom United Kingdom
Ratings as of 31/12/2016, data source: Bloomberg
DBRS S & P
Reporting Date
Payment DatePeriod No
Monthly Period
Interest PeriodCollection Period
SC Germany Consumer 2016-1 Reporting Date 11.01.2017
Monthly Investor Report Payment Date 13.01.2017Period No 4
22. Issuer Information Monthly Period 13.01.2017
Interest Period from 13.12.2016 to 13.01.2017 = 31 daysCollection Period from 01.12.2016 to 31.12.2016
Deal Name: SC Germany Consumer 2016-1
Issuer: SC Germany Consumer 2016-1 UG (haftungsbeschränkt)The Managing DirectorsSteinweg 3-560313 Frankfurt am MainGermanyeMail [email protected] +49 (0) 69 2992 5387
Seller of the Receivables: Santander Consumer Bank AG
Servicer Name: Santander Consumer Bank AG
Reporting Entity: Santander Consumer Bank AGCapital MarketsSantander-Platz 141061 MönchengladbachGermanyeMail [email protected] +49 (0) 2161 690 7077
SPV-Administrator: Wilmington Trust SP Services (Frankfurt) GmbHSteinweg 3-560313 Frankfurt am MainGermanyeMail [email protected] +49 (0) 69 2992 5387
SC Germany Consumer 2016-1 11.01.2017
Monthly Investor Report 13.01.20174
23. Santander Consumer Bank Jan 2017
from 13.12.2016 to 13.01.2017 = 31 daysfrom 01.12.2016 to 31.12.2016
Contact DetailsCapital MarketsPeter René Müller +49-2161-690-7337 [email protected] Schüring +49-2161-690-5464 [email protected] Menges +49-2161-690-7085 [email protected] Zilligen +49-2161-690-6069 [email protected] Daners +49-2161-690-7410 [email protected] Dahmen +49-2161-690-9453 [email protected] ABS [email protected]
Ratings SantanderLongTerm
ShortTerm
OutlookLongTerm
ShortTerm
Outlook
A R-1L STABLE A- A-2 STABLE
- - - BBB+ A-2 STABLE
Ratings as of 31/12/2016, data source: Bloomberg
Interest PeriodCollection Period
Reporting Date
Payment DatePeriod No
Monthly Period
Santander Consumer Finance S.A.
DBRS
Banco Santander S.A.
S & P