| **Caterpillar Financial Asset Trust 2003-A**                                                      |                                                                                                                                                                                     |
|---------------------------------------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|                                                                                                   |                                                                                                                                                                                     |  |  |
| **STATEMENT TO NOTEHOLDERS**                                                                      | **EXHIBIT 99.3**                                                                                                                                                                    |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| **Distribution Date**                                                                             |                                                                                                                                                                                     | **Year End Statement** |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (i) Amount of principal being paid on Notes                                                       |                                                                                                                                                                                     |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (a) Class A-1 Notes (CUSIP No. 149114 BM1)                                     | $205,531,043.50                                                                                                                                                                     |
|            per $1,000 original principal balance     | $908.22                                                                                                                                                                             |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (b) Class A-2 Notes (CUSIP No. 149114 BN9)                                     | $0.00                                                                                                                                                                               |
|           per $1,000 original principal balance      | $0.00                                                                                                                                                                               |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (c) Class A-3 Notes (CUSIP No. 149114 BP4)                                     | $0.00                                                                                                                                                                               |
|           per $1,000 original principal balance      | $0.00                                                                                                                                                                               |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (d) Class B Notes (CUSIP No. 149114 BQ2)                                       | $0.00                                                                                                                                                                               |
|           per $1,000 original principal balance      | $0.00                                                                                                                                                                               |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (f) Total                                                                      |                                                                                                                                                                                     |  | $205,531,043.50 |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (ii) Amount of interest being paid on Notes                                                       |                                                                                                                                                                                     |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (a) Class A-1 Notes (CUSIP No. 149114 BM1)                                     | $1,125,946.31                                                                                                                                                                       |
|           per $1,000 original principal balance      | $4.98                                                                                                                                                                               |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (b) Class A-2 Notes (CUSIP No. 149114 BN9)                                     | $1,176,770.83                                                                                                                                                                       |
|           per $1,000 original principal balance      | $8.23                                                                                                                                                                               |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (c) Class A-3 Notes (CUSIP No. 149114 BP4)                                     | $3,109,110.83                                                                                                                                                                       |
|           per $1,000 original principal balance      | $10.93                                                                                                                                                                              |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (d) Class B Notes (CUSIP No. 149114 BQ2)                                       | $254,050.83                                                                                                                                                                         |
|           per $1,000 original principal balance      | $14.94                                                                                                                                                                              |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|     (f) Total                                                                      |                                                                                                                                                                                     |  | $5,665,878.81 |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (iii) (a) Aggregate Contract Balance at end of related collection period                          | $476,641,561.60                                                                                                                                                                     |
|       (b)Note Value at end of related collection period                  | $475,512,152.71                                                                                                                                                                     |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (iv) After giving effect to distributions on this Distribution Date                               |                                                                                                                                                                                     |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|        (a) (1) outstanding principal amount of Class A-1 Notes           | $20,768,956.50                                                                                                                                                                      |
|             (2) Class A-1 Note Pool Factor |                               0.09 |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|       (b) (1) outstanding principal amount of Class A-2 Notes            | $143,000,000.00                                                                                                                                                                     |
|             (2) Class A-2 Note Pool Factor |                               1.00 |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|       (c) (1) outstanding principal amount of Class A-3 Notes            | $284,500,000.00                                                                                                                                                                     |
|             (2) Class A-3 Note Pool Factor |                               1.00 |
|                                                                                                   |                                                                                                                                                                                     |  |  |
|       (d) (1) outstanding principal amount of Class B Notes              | $17,000,000.00                                                                                                                                                                      |
|             (2) Class B Note Pool Factor   |                               1.00 |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (v) Amount of Servicing Fee paid                                                                  | $3,943,475.52                                                                                                                                                                       |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (vi) Amount of Administration fee being paid                                                      | $4,000.00                                                                                                                                                                           |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (vii) Aggregate Amount of Realized Losses for Collection Period                                   | $743,070.73                                                                                                                                                                         |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (viii) Aggregate Purchase Amounts for Collection Period                                           | $1,102,727.94                                                                                                                                                                       |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (ix) Balance of Reserve Account at end of related Collection Period                               | $15,323,471.91                                                                                                                                                                      |
|                                                                                                   |                                                                                                                                                                                     |  |  |
| (x) Specified Reserve Account Balance at end of related Collection Period                         | $15,323,471.91                                                                                                                                                                      |
|                                                                                                   |                                                                                                                                                                                     |  |  |