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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348 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 />
(c) Common Direc<strong>to</strong>rship Entities<br />
The Finance Co. PLC<br />
Mr. R. Nadarajah<br />
Direc<strong>to</strong>r<br />
Mr. A.L. Devasurendra<br />
Direc<strong>to</strong>r<br />
Fixed Deposit 200.817<br />
Demand Deposit 36.178<br />
Call Deposit 115.934<br />
352.929<br />
Overdraft<br />
(Rate of Interest 14.00%)<br />
Piyasa Velende Niwasa<br />
(Rate of Interest 14.00%)<br />
Term Loan<br />
(Rate of Interest 14.00%)<br />
Term Loan<br />
(Rate of Interest 14.00%)<br />
Term Loan<br />
(Rate of Interest 14.00%)<br />
Leases<br />
(Rate of Interest 14.00%)<br />
CIC Feeds (Pvt) Limited<br />
Mr. S.P.S. Ranatunga<br />
Direc<strong>to</strong>r Demand Deposit 1.809<br />
1.809<br />
Primary Mortgage Bond Rs. 42.5 Mn.<br />
Primary Mortgage Bond Rs. 50.0 Mn.<br />
Primary Mortgage Bond Rs. 68.2 Mn.<br />
Primary Mortgage Bond Rs. 56.2 Mn.<br />
Primary Mortgage Bond Rs. 20.2 Mn.<br />
Primary Mortgage Bond Rs. 90.0 Mn.<br />
Absolute Ownership Over Vehicle<br />
Property Mortgage for Rs. 121.85 Mn.<br />
No. of Non-Voting Shares 16,200<br />
No. of Debentures 50,000 (Rs. 5 Mn.)<br />
CIC Poultry Farms Limited Mr. S.P.S. Ranatunga<br />
Direc<strong>to</strong>r<br />
Demand Deposit 2.030<br />
2.030<br />
CIC Agri Business<br />
(Pvt) Ltd.<br />
Mr. S.P.S. Ranatunga<br />
Direc<strong>to</strong>r Demand Deposit 0.029<br />
0.029<br />
Overdraft<br />
(Rate of Interest - 10.5%)<br />
Letter of Credit - Usance<br />
(Rate of Interest - 0.1% per Quarter)<br />
Short-Term Loan/Revolving Import Loan<br />
(Rate of Interest - 10.5%) Within which<br />
2010 Comparatives 0.029<br />
Negative pledge
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