SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 -------------- F O R M 8-K CURRENT REPORT Pursuant to Regulation FD Rules 100 and 101 Date of Report (Date of earliest event reported): December 31, 2001 CIT Equipment Collateral 2000-1 ------------------------------- (Exact name of registrant as specified in its charter) Delaware -------- (State or other jurisdiction of incorporation) 000-30687 22-6846998 ----------------------- -------------------------------- (Commission File Number) (IRS Employer Identification No.)

c/o Allfirst Financial Center National Association 499 Mitchell Road - MC 101-591 Millsboro, Delaware 19966 (Address of principal executive offices and zip code) Registrant's telephone number, including area code: (410) 244-4626 N/A (Former name or former address, if changed since last report.) Item 9. Regulation FD Disclosure. CIT EQUIPMENT COLLATERAL 2000-1 is reporting its year end servicing report as of December 31, 2001. Exhibit 99 - Annual Servicing Report SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CIT EQUIPMENT COLLATERAL 2000-1 By: Capita Corporation, f/k/a AT&T Capital Corporation, as Servicer By: /s/ Eric S. Mandelbaum ---------------------- Name: Eric S. Mandelbaum Title: Vice President Dated: February 5, 2002

-------------------------------------------------------------------------------------------------- DISTRIBUTION CLASS A-1 CLASS A-2a CLASS A-3 CLASS A-4 AMOUNTS NOTES NOTES NOTES NOTES -------------------------------------------------------------------------------------------------- 1. Interest Due 441,768.45 883,050.79 1,174,411.25 587,641.01 2. Interest Paid 441,768.45 883,050.79 1,174,411.25 587,641.01 3. Interest Shortfall 0.00 0.00 0.00 0.00 ((1) minus (2)) 4. Principal Paid 21,696,906.81 0.00 0.00 0.00 5. Total Distribution Amount 22,138,675.26 883,050.79 1,174,411.25 587,641.01 ((2) plus (4)) ------------------------------------------------------------------------------------------------------ DISTRIBUTION CLASS B CLASS C CLASS D TOTAL OFFERED CLASS A-2b AMOUNTS NOTES NOTES NOTES NOTES NOTES ------------------------------------------------------------------------------------------------------ 1. Interest Due 49,828.62 67,231.19 89,105.56 3,293,036.87 0.00 2. Interest Paid 49,828.62 67,231.19 89,105.56 3,293,036.87 0.00 3. Interest Shortfall 0.00 0.00 0.00 0.00 0.00 ((1) minus (2)) 4. Principal Paid 346,227.24 461,636.32 577,045.39 23,081,815.75 0.00 5. Total Distribution Amount 396,055.86 528,867.51 666,150.95 26,374,852.62 0.00 ((2) plus (4))

-------------------------------------------------------------------------------------------------------- APPLICABLE PRINCIPAL BALANCE CLASS FACTOR PRINCIPAL BALANCE CLASS FACTOR CLASS COUPON JAN-01 JAN-01 DEC-00 DEC-00 RATE PAYMENT DATE PAYMENT DATE PAYMENT DATE PAYMENT DATE -------------------------------------------------------------------------------------------------------- a. Class A-1 Notes 6.7230% 49,986,492.47 0.17321 71,683,399.28 0.24840 b. Class A-2a Notes 6.6763% 144,291,800.00 1.00000 144,291,800.00 1.00000 c. Class A-3 Notes 6.8163% 187,959,055.00 1.00000 187,959,055.00 1.00000 d. Class A-4 Notes 7.5800% 93,030,239.00 1.00000 93,030,239.00 1.00000 e. Class B Notes 7.5400% 7,584,057.23 0.66577 7,930,284.47 0.69616 f. Class C Notes 7.6300% 10,112,076.31 0.66577 10,573,712.62 0.69616 g. Class D Notes 12,640,095.38 0.66577 13,217,140.78 h. Total Offered Notes 8.0900% 505,603,815.39 528,685,631.14 0.69616 i. Class A-2b Notes 144,291,800.00 j. ONE - MONTH LIBOR RATE 6.6863%

--------------------------------------------------------------------------- SCHEDULED SCHEDULED PRINCIPAL BALANCE PRINCIPAL BALANCE CLASS JAN-01 DEC-00 PAYMENT DATE PAYMENT DATE --------------------------------------------------------------------------- Class A-1 Notes 63,364,064.00 85,310,021.00

----------------------------------------------------------------------------------------------------------- TARGET CLASS TARGET CLASS CLASS PRINCIPAL AMOUNT FLOOR PRINCIPAL AMOUNT FLOOR CLASS PERCENTAGE JAN-01 JAN-01 DEC-00 DEC-00 PAYMENT DATE PAYMENT DATE PAYMENT DATE PAYMENT DATE ----------------------------------------------------------------------------------------------------------- Class A 94.00% 475,267,586.47 496,964,493.27 Class B 1.50% 7,584,057.23 0.00 7,930,284.47 0.00 Class C 2.00% 10,112,076.31 0.00 10,573,712.62 0.00 CLASS D 2.50% 12,640,095.38 0.00 13,217,140.78 0.00

-------------------------------------------------------- ORIGINAL JAN-01 DEC-00 POOL PAYMENT DATE PAYMENT DATE -------------------------------------------------------- 1. a. Contract Pool Balance 759,430,525.00 505,603,815.39 528,685,631.14 b. No. of Contracts 79,033 62,661 64,302 2. Weighted Average Remaining Term 39.70 59.9 37.3 3. Weighted Average Original Term 53.3

B. DELINQUENCY INFORMATION ---------------------------------------------------------------------------------- % OF AGGREGATE % OF REQUIRED PAYOFF NO. OF AGGREGATE REQUIRED CONTRACTS AMOUNT ACCOUNTS PAYOFF AMOUNTS ---------------------------------------------------------------------------------- 1. Current 90.47% 90.37% 56,687 467,074,851.35 31-60 days 5.24% 5.04% 3,282 26,035,048.86 61-90 days 1.89% 1.92% 1,184 9,912,434.19 91-120 days 1.04% 0.96% 649 4,984,363.64 120+ days 1.37% 1.71% 859 8,844,589.76 Total Delinquency 100.0% 100.0% 62,661 516,851,287.8 2. Delinquent Scheduled Payments: Beginning of Collection Period 10,361,118.18 End of Collection Period 11,247,472.41 -------------- Change in Delinquent Scheduled Payments 886,354.23 C. DEFAULTED CONTRACT INFORMATION 1. Required Payoff Amount on Defaulted Contracts 2,539,007.06 2. Liquidation Proceeds received 819,110.55 -------------- 3. Current Liquidation Loss Amount 1,719,896.51 4. Cumulative Liquidation Losses to date 8,476,704.82 % of Initial Contracts 2.035% % of Initial Contract Pool Balance 1.116%

------------------------------------------------------------- JAN-01 DEC-00 ITEM PAYMENT DATE PAYMENT DATE ------------------------------------------------------------- a. Senior Loan 9,492,881.56 9,492,881.56 b. Holdback Amount 32,275,797.31 32,275,797.31

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