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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350 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 />
(d) Shareholder Entities and Their Group and Owner-Related Entities<br />
Brown & Co. PLC<br />
Mr. A.L. Devasurendra<br />
Deputy Chairman<br />
Demand Deposit 3.072<br />
3.072<br />
Mr. I.C. Nanayakkara<br />
Direc<strong>to</strong>r<br />
No. of Ordinary Voting Shares -<br />
24,049,888 (13.87%)<br />
2010 Comparatives 2.112<br />
LOLC Investments Limited No. of Ordinary Voting Shares -<br />
16,555,954 (9.55%)<br />
SriLankan Airlines<br />
Limited<br />
Mr. N.M. Jayamanne PC<br />
Direc<strong>to</strong>r<br />
Sri Lanka Insurance<br />
Corporation Limited<br />
Mr. A.M.M. De Alwis<br />
Managing Direc<strong>to</strong>r/CEO<br />
Fixed Deposit<br />
Demand Deposit<br />
500.000<br />
0.141<br />
Mr. P. Kudabalage<br />
Executive Direc<strong>to</strong>r 500.141<br />
No. of Ordinary Voting Shares -<br />
25,999,999 (15%)<br />
No. of Ordinary (Non-voting)<br />
Shares - 350,000<br />
2010 Comparatives 500.000<br />
Agstar Fertilizers<br />
(Pvt) Limited<br />
Mr. I.C. Nanayakkara<br />
Direc<strong>to</strong>r<br />
Demand Deposit 1.300<br />
Letter of Credit - Sight<br />
1.300 Letter of Credit - Usance<br />
Rate of Interest - 0.3% - up <strong>to</strong> 3 months<br />
0.375% above 3 months<br />
Revolving Import Loan<br />
AWPLR+2% p.a.<br />
2010 Comparatives 1.543<br />
E-Chanelling PLC<br />
Mr. P. Kudabalage<br />
Chairman<br />
Demand Deposit 1.376<br />
1.376<br />
Concurrent Paripassu Mortgage for<br />
Rs. 500.00 Mn. over S<strong>to</strong>cks and Book Debts<br />
General Security Agreement<br />
Series of Loan<br />
Facility Agreement Form<br />
Mr. A.M.M. De Alwis<br />
Direc<strong>to</strong>r<br />
2010 Comparatives 0.598
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