The Case Study - Seylan Bank

Seylan Bank PLC Annual Report 2009 177Notes to the Consolidated Financial StatementsBANKGROUP2009 2008 2009 2008(Reclassified)(Restated)Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’00018. Bills of ExchangeExport Bills 849,682 1,090,162 849,682 1,090,162Import Bills 319,993 147,370 319,993 147,370Local Bills 181,781 250,496 181,781 250,4961,351,456 1,488,028 1,351,456 1,488,028Less: Provision for Bad & Doubtful Debts (Note 19.a) (29,092) (16,197) (29,092) (16,197)1,322,364 1,471,831 1,322,364 1,471,83119. Loans and AdvancesSri Lanka Rupee Loans and AdvancesOverdrafts 20,565,334 30,003,713 20,565,334 30,003,713Trust Receipt Loans/Revolving Import Loans (RIL) 2,377,152 3,731,720 2,377,152 3,731,720Staff Loans 4,543,552 3,665,637 4,549,431 3,677,272Housing Loans 8,426,228 9,242,718 8,426,228 9,242,718Pawning Advances 3,550,851 2,731,828 3,550,851 2,731,828Refinance Loans 1,185,931 1,594,264 1,185,931 1,594,264Other Loans 38,547,615 43,495,807 38,548,150 44,842,23479,196,663 94,465,687 79,203,077 95,823,749Foreign Currency Loans and AdvancesOverdrafts 677,773 1,317,592 677,773 1,317,592Trust Receipt Loans/Revolving Import Loans (RIL) 155,603 933,398 155,603 933,398Other Loans 7,769,329 10,761,933 7,769,329 10,761,9328,602,705 13,012,923 8,602,705 13,012,922Total Loans & Advances - Gross 87,799,368 107,478,610 87,805,782 108,836,671Less: Loan Loss Provision (Note 19.a) (6,167,662) (6,279,669) (6,167,662) (6,283,989)Interest in Suspense (Note 19.a) (5,592,735) (3,452,857) (5,592,735) (3,474,358)Total Loans & Advances - Net 76,038,971 97,746,084 76,045,385 99,078,32419.a Analysis of Provision for Loan Losses and Interest in SuspenseBANKGROUP2009 2008 2009 2008Loan Loss Interest in Loan Loss Interest in Loan Loss Interest in Loan Loss Interest inProvision Suspense Provision Suspense Provision Suspense Provision Suspense(Reclassified) (Reclassified) (Restated) (Restated)Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000Bills of Exchange 29,092 – 16,197 – 29,092 – 16,197 –Loans and Advances 6,167,662 5,592,735 6,279,669 3,452,857 6,167,662 5,592,735 6,283,989 3,474,358Lease Rental Receivable 269,254 66,156 264,400 69,837 269,254 66,156 450,185 127,0526,466,008 5,658,891 6,560,266 3,522,694 6,466,008 5,658,891 6,750,371 3,601,410