Notes to the Consolidated Financial Statements - Seylan Bank
Notes to the Consolidated Financial Statements - Seylan Bank
Notes to the Consolidated Financial Statements - Seylan Bank
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North Bound > <strong>Seylan</strong> <strong>Bank</strong> Annual Report 2011<br />
341<br />
45.4 O<strong>the</strong>r Instruments by Key Management Personnel<br />
2011 2010<br />
Rs. Mn. Rs. Mn.<br />
Mr. E. Narangoda Treasury Bill 4.585 –<br />
Treasury Bond – 5.279<br />
Mrs. G.H.C.S. Narangoda Treasury Bond – 2.047<br />
Mr. R. Nadarajah Repo 3.338 –<br />
Treasury Bill – 4.044<br />
Debentures 1.500 1.500<br />
Mr. A.L. Devasurendra Treasury Bond 1.000 1.000<br />
Mr. S. Palihawadana Repo 0.702 0.382<br />
Treasury Bill 1.530 0.590<br />
Treasury Bond 7.282 3.545<br />
Debentures 4.500 4.500<br />
Mrs. R.S. Palihawadana Treasury Bill 0.116 –<br />
45.5 Accommodation Granted <strong>to</strong> KMP for Credit Cards<br />
Name of Key Management Personnel<br />
Credit Card Limit<br />
Rs. ’000<br />
2011 2010<br />
Outstanding<br />
Outstanding<br />
Rs. ’000<br />
Rs. ’000<br />
Mr. E. Narangoda 500 2 –<br />
Mr. R. Nadarajah 500 21 1<br />
Mr. N.M. Jayamanne PC 500 434 4<br />
Mr. P.L.P. Withana – – –<br />
Rear Admiral B.A.J.G. Peiris 500 – 55<br />
Mr. A.L. Devasurendra 500 – –<br />
Mr. I.C. Nanayakkara 500 1 –<br />
Mr. S.P.S. Ranatunga 500 – 242<br />
Mr. A.M.M. De Alwis – – –<br />
Mr. P. Kudabalage – – –<br />
Mr. K.P. Ariyaratne 500 23<br />
(Credit Balance) –<br />
Mr. R.M.K.K.B. Rathnayaka 350 – 16<br />
Mr. S. Palihawadana 500 66 42<br />
Mr. C. Kotigala** 500 19 179<br />
** Mr. C. Kotigala ceased <strong>to</strong> hold office on 23rd August 2011.<br />
45.6 Compensation <strong>to</strong> Key Management Personnel<br />
2011 2010<br />
Rs. Mn.<br />
Rs. Mn.<br />
Short-Term Employee Benefits 42.379 46.674<br />
Post-Employment Benefits 39.754 7.695<br />
In addition <strong>to</strong> <strong>the</strong>ir salaries <strong>Bank</strong> also provides non-cash benefits <strong>to</strong> <strong>the</strong> Direc<strong>to</strong>rs and Executive Officers<br />
and contributes <strong>to</strong> a post-employment defined benefit plan on <strong>the</strong>ir behalf. Direc<strong>to</strong>rs emoluments are<br />
disclosed in Note 9 <strong>to</strong> <strong>the</strong> <strong>Financial</strong> <strong>Statements</strong>.<br />
45.7 All <strong>the</strong> o<strong>the</strong>r interests of each Direc<strong>to</strong>r, direct or indirect in financial and o<strong>the</strong>r arrangements are<br />
disclosed under Note 46 - O<strong>the</strong>r Related Party Transactions.