The Case Study - Seylan Bank

174Seylan Bank PLC Annual Report 2009Notes to the Consolidated Financial Statements17.c.2 Unquoted Shares2009 2008 (Restated)No. of Cost Market No. of Cost MarketOrdinary Value Ordinary ValueShares Rs. ’000 Rs. ’000 Shares Rs. ’000 Rs. ’000Ceylinco Venture CapitalInvestment Limited 95,000 950 95,000 950Ceylinco Sports Complex Limited 220,000 2,200 220,000 2,200Ceycom Global CommunicationsLimited 40,500 405 40,500 405Asian Finance Company Limited 75,000 750 75,000 750MBSL Savings Bank Limited 25,000 250 25,000 250Ceylinco - Cisco Security Corporation(Pvt) Limited 10,000 – 10,000 –Ceylinco International PropertyDevelopers (Pvt) Limited 50,000 500 50,000 500Ceyenergy Electronics Co. (Pvt) Limited 15,000 150 15,000 150Ceylinco SwiftCare (Pvt) Limited 75,000 750 75,000 750Independent Financial News & Views(Pvt) Limited 4,900 49 4,900 49Ceylinco International Realty(Pvt) Limited 200,000 2,000 200,000 2,000e.Ceylinco.Com (Pvt) Limited 60,000 600 60,000 600International Consultancy & CorporateServices (Pvt) Limited 5,000 50 5,000 50Ceylinco PLC Technology (Pvt) Limited 177,500 1,775 177,500 1,775Ceylinco Investments & Realty(Pvt) Limited 4,000,000 40,000 4,000,000 40,000The Sitar (Pvt) Limited 60,000 600 60,000 600Seraka Investments Limited 510,000 5,100 510,000 5,100Ceylinco - Cisco Ranaviru Services(Pvt) Limited 10,000 100 10,000 100Ceylinco - Cisco Cash Management andTransport Company Limited 10,000 100 –Diminution in Value (Note 10) (31,479) (19,299)Total Unquoted Shares 24,850 36,930Total Investment Securities -Seylan Developments PLC(Notes 17.c.1 & 17.c.2) 27,244 3,272 39,324 2,11117.d Seylan Bank Asset Management Limited17.d.1 Quoted SharesBlue Diamond JewelleryWorldwide PLC 300,000 2,392 600 1,344,200 10,725 3,764Diminution in Value (Note 10) (1,792) – (8,843) –Total Quoted Shares 600 600 1,882 3,764