The Case Study - Seylan Bank

220Seylan Bank PLC Annual Report 2009Notes to the Consolidated Financial Statements44.d An analysis of the total liabilities as at 31st December 2009, based on the remaining period at theBalance Sheet date to the respective contractual maturity date is given below:Up to 3 3 to 12 1 to 3 3 to 5 More Than Total as atMonths Months Years Years 5 Years 31.12.2009Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000 Rs. ’000Interest Bearing LiabilitiesDeposits 61,341,193 22,668,800 3,704,450 1,720,810 6,322,681 95,757,934Securities Sold UnderRepurchase Agreements 3,253,739 919,974 1,164 – – 4,174,877Borrowings 1,936,081 291,170 721,590 211,766 338,097 3,498,704Debentures – 699,000 2,828,250 703,115 – 4,230,36566,531,013 24,578,944 7,255,454 2,635,691 6,660,778 107,661,880Non-Interest Bearing LiabilitiesDeposits 8,467,465 590,500 – – – 9,057,965Other Liabilities 8,155,962 249,304 – 64,607 – 8,469,873Deferred Taxation – – – – – –Tax Payable – 142,732 – – – 142,732Dividend Payable 23,314 – – – – 23,314Equity – – – – 11,109,138 11,109,138Minority Interest – – – – 802,949 802,94916,646,741 982,536 – 64,607 11,912,087 29,605,971Total Liabilities 83,177,754 25,561,480 7,255,454 2,700,298 18,572,865 137,267,851Notes - ‘Up to 3 months’ Interest Bearing Liabilities includes the Seylan Bank’s Savings Deposits base of Rs. 25.5 Bn.‘More than 5 years’ Interest Bearing Liabilities reflects the Seylan Bank’s Tikiri Deposit Base of Rs. 6.3 Bn.Shareholders’ Funds (Equity) are classified into the ‘More than 5 years’ category since no contractualdate of maturity can be identified.45. Segment Reporting45.a GroupSegment information is presented in respect of the Group’s business segments. The primary format,business segments are based on the Group’s management and internal reporting structure.Business SegmentsThe Group comprises the following main business segments:Banking: Loans (other than Leasing), deposits and other transactions and balances with corporate andretail customers.Leasing: Leasing balances with corporate and retail customers.Treasury: Undertakes the Group’s funding and centralised risk management activities throughborrowings, issue of debt securities, use of derivatives for risk management purpose andinvesting in liquid assets such as short-term placements and corporate and Government debtsecurities.Property/Investment: The property investment related income, expenses, assets & liabilities.