The Case Study - Seylan Bank

Seylan Bank PLC Annual Report 2009 131Aggregate Amount ofAccommodation as at31.12.2009CompanyName of Director &RelationshipNature ofTransactionLimitRs. Mn.OutstandingRs. Mn.SecurityMaturataPlantationsLimitedMr. I.C. Nanayakkara,DirectorMr. A.L. Devasurendra,DirectorOverdraftTerm Loan(PSRP I)Term Loan(PSRP II)Term Loan(PSRP III)Term Loan(PSRP IV)Term Loan(PSRP V)Term Loan(E-FRIENDS)Term Loan (IV)Term Loan (V)Short-TermLoanTerm Loan(Tea Relief)Term Loan(Tea Relief)Guarantee125.00041.91118.7372.27410.60013.7320.3806.00010.6003.00043.74826.0002.00039.31841.91118.7372.27410.50013.7320.3806.00010.6003.00043.748NIL1.250Mortgage over leasehold rights ofBramley Estate for Rs. 13.0 Mn. (MV -Rs. 27.0 Mn., FSV - Rs. 22.0 Mn.)Primary Mortgage for Rs. 36.0 Mn.Secondary Mortgage forRs. 50.0 Mn. over leasehold rightsof Gonapitiya Estate (MV -Rs. 160.0 Mn., FSV - Rs. 120.0 Mn.)Mortgage over leasehold rights ofAlma Estate for Rs. 26.0 Mn. (MV -Rs. 75.0 Mn., FSV - Rs. 65.0 Mn.)Mortgage over leasehold rightsof Ragala Estate for Rs. 74.75 Mn.(MV - Rs. 190.0 Mn., FSV -Rs. 160.0 Mn.)Mortgage over leasehold rightsof Maha Uva Estate for Rs. 19.5Mn. (MV - Rs. 75.0 Mn., FSV -Rs. 65.0 Mn.)Mortgage over leasehold rightsof Enselwatte Estate forRs. 102.25 Mn. (MV - Rs. 270.0 Mn.,FSV - Rs. 220.0 Mn.)Letter of Comfort from FreeLanka Trading Co. and FreeLanka Plantations Co. (Pvt)Limited for Rs. 75.0 Mn.Overdraft Agreement forRs. 125.0 Mn.Total 303.982 191.450Loan Agreement Forms forRs. 296.986 Mn.