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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344 North Bound > <strong>Seylan</strong> <strong>Bank</strong> Annual Report 2011<br />
<strong>Notes</strong> <strong>to</strong> <strong>the</strong> <strong>Consolidated</strong> <strong>Financial</strong> <strong>Statements</strong><br />
Party/Parties<br />
Accommodated<br />
Name of Direc<strong>to</strong>r/<br />
Key Management Personnel<br />
Relationship<br />
Deposit<br />
Nature of<br />
Accommodation<br />
Rs. Mn.<br />
<strong>Seylan</strong> <strong>Bank</strong> Employees’<br />
Provident Fund Mr. K.P. Ariyaratne - Trustee Savings Account 1,890.513<br />
Mr. S. Palihawadana - Trustee 1,890.513<br />
Mr. G. Widanapathirana - Secretary<br />
Mr. Sarath Kumarasiri - Trustee<br />
Ms. Rohini Weerakody - Trustee<br />
Mr. Mangala Karunaratne - Trustee<br />
Mr. C. Perera - Trustee<br />
2010 Comparatives 1,951.041<br />
Investment in <strong>Seylan</strong> <strong>Bank</strong> PLC<br />
Debenture amounted <strong>to</strong> Rs. 124.00 Mn.<br />
Investment in Treasury Bond amounting<br />
<strong>to</strong> face value Rs. 2,023.79 Mn.<br />
Sesot (Pvt) Limited Mr. E. Narangoda - Chairman Demand Deposit 3.678 No. of Voting Shares - 2,244,800<br />
Mr. R. Nadarajah - Direc<strong>to</strong>r 3.678 Rs. 51.854 Mn. Payable <strong>to</strong> <strong>Seylan</strong> <strong>Bank</strong> PLC<br />
Mr. K.P. Ariyaratne - Direc<strong>to</strong>r<br />
Mr. S.J. Jebaratnam - Direc<strong>to</strong>r<br />
Mrs. V.A. Paranagama - Direc<strong>to</strong>r<br />
Mr. M.P.V.R. De Silva<br />
Direc<strong>to</strong>r (Resigned on 07.04.2011)<br />
Mr. C. Kotigala<br />
Direc<strong>to</strong>r (Resigned on 07.04.2011)<br />
Mr. A.M . Pasqual<br />
Direc<strong>to</strong>r (Resigned on 28.04.2011)<br />
2010 Comparatives 1.043<br />
Seyfest (Pvt) Limited Mr. E. Narangoda - Chairman<br />
Mr. R. Nadarajah - Direc<strong>to</strong>r Demand Deposit 3.504 No. of Voting Shares - 2,972,596<br />
Mr. K.P. Ariyaratne - Direc<strong>to</strong>r 3.504 Rs. 23.0 Mn. Payable <strong>to</strong> <strong>Seylan</strong> <strong>Bank</strong> PLC<br />
Mr. S.J. Jebaratnam - Direc<strong>to</strong>r<br />
Mrs. V.A. Paranagama - Direc<strong>to</strong>r<br />
Mr. M.P.V.R. De Silva<br />
Direc<strong>to</strong>r (Resigned on 07.04.2011)<br />
Mr. C. Kotigala<br />
Direc<strong>to</strong>r (Resigned on 07.04.2011)<br />
Mr. A.M . Pasqual<br />
Direc<strong>to</strong>r (Resigned on 28.04.2011)<br />
2010 Comparatives 0.939<br />
Sotse (Pvt) Limited Mr. E. Narangoda - Chairman Term Loan<br />
Mr. R. Nadarajah - Direc<strong>to</strong>r (Rate of Interest - 9.52%)<br />
Mr. K.P. Ariyaratne - Direc<strong>to</strong>r<br />
Mr. S.J. Jebaratnam - Direc<strong>to</strong>r<br />
Loan Agreement Form for Rs. 38.8 Mn.<br />
Mrs. V.A. Paranagama - Direc<strong>to</strong>r No. of Voting Shares - 962,331<br />
Mr. M.P.V.R. De Silva<br />
Rs. 8.011 Mn. Payable <strong>to</strong> <strong>Seylan</strong> <strong>Bank</strong> PLC<br />
Direc<strong>to</strong>r (Resigned on 07.04.2011)<br />
Mr. C. Kotigala - Direc<strong>to</strong>r (Resigned on 07.04.2011)<br />
2010 Comparatives<br />
Mr. A.M . Pasqual - Direc<strong>to</strong>r (Resigned on 28.04.2011)
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