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Notes to the Consolidated Financial Statements - Seylan Bank

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346 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 />

Seyshop (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 />

Mrs. V.A. Paranagama - Direc<strong>to</strong>r<br />

Loan Agreement Form for Rs. 55.1 Mn.<br />

Mr. M.P.V.R. De Silva<br />

Direc<strong>to</strong>r (Resigned on 07.04.2011)<br />

No. of Voting Shares - 2,132,900<br />

Mr. C. Kotigala<br />

Rs. 14.180 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. A.M . Pasqual<br />

Direc<strong>to</strong>r (Resigned on 28.04.2011)<br />

2010 Comparatives<br />

Seybest (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 />

Loan Agreement Form for Rs. 55.1 Mn.<br />

Mr. S.J. Jebaratnam - Direc<strong>to</strong>r No. of Voting Shares - 2,132,900<br />

Mrs. V.A. Paranagama<br />

Rs. 14.180 Mn. Payable <strong>to</strong> <strong>Seylan</strong> <strong>Bank</strong> PLC<br />

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<br />

Esots (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 />

Loan Agreement Form for Rs. 54.6 Mn.<br />

Mr. S.J. Jebaratnam - Direc<strong>to</strong>r No. of Voting Shares - 2,115,857<br />

Mrs. V.A. Paranagama<br />

Rs. 13.171 Mn. Payable <strong>to</strong> <strong>Seylan</strong> <strong>Bank</strong> PLC<br />

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<br />

Rs. Mn.

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