Introductory Document - Colombo Stock Exchange
Introductory Document - Colombo Stock Exchange
Introductory Document - Colombo Stock Exchange
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RAMBODA FALLS (PVT) LIMITEDNOTES TO THE FINANCIAL STATEMENT21. RELATED PARTIES`21.1 Transactions with Key management personnelKey management personnel compensationKey management personnel comprise of board of directors and the emolumentsmade on behalf of them has been disclosed in the note no 6.21.2 Other transactions with key management personnelThe board of directors of the Company hold 100% of voting shares of the Company.Name of the Director Nature of transaction Value (Rs.) Bal. as at31 March 2011L.S. SigeraOpening balance5,974,781Advances Given8,130,15814,387,678Advances takenAccounting adjustments(4,321,609)4,604,348I.J.A. KarunarathnaOpening balanceAccounting adjustments5,936,5443,643,8869,580,43022. CONTINGENT LIABILITIESThere are no material contingent liabilities outstanding as at the balance sheet date.23. CAPITAL COMMITMENTSThere were no material capital expenditure commitment w h i c h require disclosureas at the balance sheet date.24. EVENTS OCCURING AFTER THE BALANCE SHEET DATENo circumstances have arisen since the balance sheet date which would requiredisclosure in or adjustments to the financial statements.25. COMPARATIVE INFORMATIONComparative figures have been rearranged and reclassified to facilitate comparisonwith current year classification, where it is necessary.26. DIRECTORS’ RESPONSIBILITYThe directors are responsible for preparation and presentation of thesefinancial statements.27. RE-ISSUE OF FINANCIAL STATEMENTSInformation in accordance with SLAS 18, Property, plant & equipment were incorporatedand reissued the financial statements2256 Ramboda Falls Limited – <strong>Introductory</strong> <strong>Document</strong>