Notes to the Consolidated Financial Statements - Seylan Bank

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340 North Bound > Seylan Bank Annual Report 2011 Notes to the Consolidated Financial Statements 45.2 Transactions with Key Management Personnel (KMP) for Credit Facilities Facilities Limit Rs. Mn. 2011 2010 Outstanding Security Outstanding Rs. Mn. Rs. Mn. Mr. K.P. Ariyaratne Overdraft 0.500 – Lien over Repo – Housing Loan – I 2.500 2.476 Mortgage over Property – Housing Loan – II 3.500 3.466 } Mr. S. Palihawadana Overdraft 0.015 – Demand Promissory Note and Overdraft Agreement Form 0.015 Employee Provident Fund Loan 3.910 3.910 Housing Loan - I 1.582 0.420 Assignment over Employee Provided Fund balance 3.910 0.636 } Housing Loan - II 1.500 0.678 Mortgage over Property 0.887 Housing Loan - III 0.500 0.218 0.290 Piyasa Housing Loan 2.375 0.116 0.151 Mr. C. Kotigala** Housing Loan - I 2.475 1.478 } 1.636 Housing Loan - II 1.000 0.482 0.569 Mortgage over Property Housing Loan - III 0.500 0.199 0.279 Housing Loan - IV 1.345 0.889 1.033 Employees’ Provident Fund Loan – – 7.139 Overdraft – – 0.053 Leasing 1.444 0.617 Absolute ownership over vehicle – ** Mr. C. Kotigala ceased to hold office on 23rd August 2011. 45.3. Deposits by Key Management Personnel 2011 2010 Rs. Mn. Rs. Mn. Mr. E. Narangoda Total 0.453 1.708 Mr. R. Nadarajah Total 0.791 0.851 Mr. A.L. Devasurendra Total 0.513 – Mr. A.M.M. De Alwis Total 0.003 – Mr. N.M. Jayamanne PC Total 0.807 – Rear Admiral B.A.J.G. Peiris Total 0.003 – Mrs. R.N.A. De Silva Total 0.136 – Mrs. M.R.N.P. De Alwis Total 0.041 – Mr. P. Kudabalage Total 0.097 – Ms. T.D. Ariyaratne Total 0.249 – Mr. R.D. Ariyaratne Total 0.089 – Mr. K.P. Ariyaratne Total 0.238 – Mr. S. Palihawadana Total 3.606 0.497 Mr. K. Rathnayaka Total 0.130 0.171 Mr. C. Kotigala** Total 0.462 0.082 ** Mr. C. Kotigala ceased to hold office on 23rd August 2011.
North Bound > Seylan Bank Annual Report 2011 341 45.4 Other Instruments by Key Management Personnel 2011 2010 Rs. Mn. Rs. Mn. Mr. E. Narangoda Treasury Bill 4.585 – Treasury Bond – 5.279 Mrs. G.H.C.S. Narangoda Treasury Bond – 2.047 Mr. R. Nadarajah Repo 3.338 – Treasury Bill – 4.044 Debentures 1.500 1.500 Mr. A.L. Devasurendra Treasury Bond 1.000 1.000 Mr. S. Palihawadana Repo 0.702 0.382 Treasury Bill 1.530 0.590 Treasury Bond 7.282 3.545 Debentures 4.500 4.500 Mrs. R.S. Palihawadana Treasury Bill 0.116 – 45.5 Accommodation Granted to KMP for Credit Cards Name of Key Management Personnel Credit Card Limit Rs. ’000 2011 2010 Outstanding Outstanding Rs. ’000 Rs. ’000 Mr. E. Narangoda 500 2 – Mr. R. Nadarajah 500 21 1 Mr. N.M. Jayamanne PC 500 434 4 Mr. P.L.P. Withana – – – Rear Admiral B.A.J.G. Peiris 500 – 55 Mr. A.L. Devasurendra 500 – – Mr. I.C. Nanayakkara 500 1 – Mr. S.P.S. Ranatunga 500 – 242 Mr. A.M.M. De Alwis – – – Mr. P. Kudabalage – – – Mr. K.P. Ariyaratne 500 23 (Credit Balance) – Mr. R.M.K.K.B. Rathnayaka 350 – 16 Mr. S. Palihawadana 500 66 42 Mr. C. Kotigala** 500 19 179 ** Mr. C. Kotigala ceased to hold office on 23rd August 2011. 45.6 Compensation to Key Management Personnel 2011 2010 Rs. Mn. Rs. Mn. Short-Term Employee Benefits 42.379 46.674 Post-Employment Benefits 39.754 7.695 In addition to their salaries Bank also provides non-cash benefits to the Directors and Executive Officers and contributes to a post-employment defined benefit plan on their behalf. Directors emoluments are disclosed in Note 9 to the Financial Statements. 45.7 All the other interests of each Director, direct or indirect in financial and other arrangements are disclosed under Note 46 - Other Related Party Transactions.
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Notes to the Consolidated Financial Statements - Seylan Bank

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