DIPPED PRODUCTS PLC / ANNUAL REPORT 2008—2009
Annual Report- 2008/2009 - Colombo Stock Exchange
Annual Report- 2008/2009 - Colombo Stock Exchange
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Notes to the Financial Statements<br />
Details of term loans<br />
Company<br />
Venigros<br />
(Pvt) Ltd<br />
Venigros<br />
(Pvt) Ltd<br />
Hanwella<br />
Rubber<br />
Products Ltd<br />
Kelani Valley<br />
Plantations<br />
<strong>PLC</strong><br />
Kalupahana<br />
Power<br />
Company<br />
(Pvt) Ltd<br />
ICOGUANTI<br />
S.p.A.<br />
Dipped<br />
Products<br />
(Thailand)<br />
Ltd.<br />
Lender/ rate of<br />
interest (p.a.)<br />
March 31, 2009<br />
Rs’000<br />
March 31, 2008<br />
Rs’000<br />
Repayment<br />
Rs’000<br />
People’s Bank 10.50% 20,839 58,339 3,125 x 48 inst Monthly ending<br />
21.10.2009<br />
NDB Bank 6.50% 28,250 - 941 x 36 inst Monthly ending<br />
31.08.2012<br />
Bank of Ceylon<br />
AWPLR +1.50%<br />
- 5,250 1,042 x 48 inst Monthly ending<br />
13.08.2009<br />
NDB Bank 11.51% 16,534 21,042 376 x 120 inst Monthly ending<br />
31.08.2013<br />
NDB Bank 11.51% 19,641 24,088 370 x 120 inst Monthly ending<br />
31.05.2014<br />
NDB Bank 6.50% 15,375 - 375 x 48 inst Monthly ending<br />
31.05.2013<br />
Seylan Bank 12.00% 27,798 32,634 403 x 120 inst Monthly ending<br />
30.10.2015<br />
DFCC Bank 9.42% 81,200 84,000 933 x 90 inst Monthly ending<br />
31.03.2017<br />
DFCC Bank 6.50% 22,335 26,878 379 x 84 inst Monthly ending<br />
30.11.2014<br />
DFCC Bank 11.64% 80,000 80,000 952 x 84 inst Monthly ending<br />
31.07.2017<br />
DFCC Bank 6.50% 27,987 33,076 424 x 84 inst Monthly ending<br />
30.06.2015<br />
DFCC Bank 14.47% 83,802 - 1,581 x 60 inst Monthly ending<br />
31.05.2014<br />
DFCC Bank 6.50% 10,005 - 139 x 84 inst Monthly ending<br />
31.12.2015<br />
DFCC Bank 6.05% 8,840 - 173 x 60 inst Monthly ending<br />
31.03.2014<br />
NDB Bank AWDR +<br />
4.00%<br />
BNL 6.50% (Euro<br />
100,000)<br />
Thai Military Bank<br />
Public Company<br />
Limited<br />
MLR - 1% - 2yrs<br />
MLR - next 3yrs<br />
HSBC - Thailand<br />
4.78%<br />
55,906 68,968 2,300 x 8 inst<br />
3,450 x 4 inst<br />
4,025 x 8 inst<br />
4,600 x 6 inst<br />
- 2,562 Euro 2.8 x 34<br />
Euro 2.0 x 2<br />
Euro 0.8 x 1<br />
280,898 421,725 Baht 150 x 8 inst<br />
Baht 500 x 12<br />
inst<br />
Baht 1,500 x 12<br />
inst<br />
Baht 4,800 x 25<br />
inst<br />
Baht 4,565 x 1<br />
inst<br />
71,850 128,554 Baht 1,480 x 36<br />
inst<br />
Baht 1,320 x 1<br />
inst<br />
851,260 987,116<br />
Quarterly<br />
ending<br />
31.03.2013<br />
Monthly ending<br />
31.07.2009<br />
Monthly ending<br />
30.06.2011<br />
Monthly ending<br />
31.03.2011<br />
Security<br />
Mortgage over Plant at<br />
Weliveriya<br />
Mortgage over Heater at<br />
Weliveriya<br />
Mortgage over property at<br />
Thunnana, Hanwella<br />
Primary mortgage over the<br />
lease-hold rights of Panawatta &<br />
Pedro estates have been pledged<br />
and a letter of undertaking<br />
from DPL Plantations (Pvt) Ltd<br />
was given to subordinate<br />
management fee and dividends<br />
in a default situation of Term Loan<br />
Primary mortgage over the<br />
leasehold rights of Robgill and<br />
Fordyce estates<br />
Primary mortgage over the<br />
leasehold rights of Halgolla,<br />
We-Oya, Polatagama and<br />
Ederapola estates and letter of<br />
undertaking from DPL Plantations<br />
(Pvt)Ltd ., was given to subordinate<br />
management fee and dividends in a<br />
default situation<br />
Primary mortgage over<br />
sub leasehold rights of<br />
Kalupahana Power Company (Pvt)<br />
Ltd, machinery and equipment of<br />
the Company<br />
None<br />
Mortgage over land ,<br />
building and machinery<br />
Corporate Guarantee for<br />
THB 47,200,000/- from<br />
Dipped Products <strong>PLC</strong><br />
D I P P E D P R O D U C T S P L C A N N U A L R E P O R T 2 0 0 8 – 2 0 0 9<br />
65
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