The Case Study - Seylan Bank

182Seylan Bank PLC Annual Report 2009Notes to the Consolidated Financial Statements19.g.1 Collateral-Wise Analysis of Gross Non-Performing PortfolioThe Bank holds collateral against its lending portfolio in the form of mortgage interest over property,other registered securities and assets. Estimation of fair value/realisable value are based on the value ofcollateral, assessed at the time of lending and generally are not updated except when a loan is individuallyassessed as non-performing.2009 2008Rs. ‘000 Rs. ‘000Secured by Tangible Assets 19,025,060 9,345,274Secured by Movable Assets (Non-Performing Lease Receivable) 644,106 599,306Other Securities – –Clean 11,480,793 9,483,65431,149,959 19,428,23419.g.2 Foreclosed PropertiesLoans & Advances 1,099,823 889,454Bills of Exchange 68,630 28,1101,168,453 917,56419.h Balance Outstanding on Advances Granted to Employee Share Owning Trust CompaniesAmountOutstanding2009AmountOutstanding2008Rs. ’000 Rs. ’000Seybest (Pvt) Limited 30,898 32,896Sotse (Pvt) Limited 30,225 30,530Esot (Pvt) Limited 31,540 33,462Seyshop (Pvt) Limited 30,937 32,932