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Chairman’s Message Risk Management Financial Statements
 
 
  2008 Compared to 2007
  Shareholder Base
  Information on Debentures of the Bank
  Share price trend & Movement in Share capital
  Income Statement (US$)
  Balance Sheet (US$)
  The Last decade in Summary
Information on Debentures of the Bank
          Market Values   Interest Rates     Other Ratios as at date of last trade
Debenture categories CSE Listing Interest payable frequency Balance as at 31.12.2008 Rs. Mn Highest Rs. Lowest Rs. Year End Rs. Coupon Rate
%
Effective Annual Yield
%
Interest rate of Comparable Government Security
%
Interest Yield
%
Yield to Maturity
Fixed rate                
May 2003/May 2008 - 10.00% p.a. Listed Quarterly Not traded during the year 10.00 10.38 10.38 9.80
Not traded during the year (Matured on 12.05.08) (as at 13.09.06) (as at 13.09.06)
Oct. 2005/Oct. 2010 - 12.00% p.a. Not listed Annually 284.000 10.00 10.38 20.00 10.38 9.80
(as at 13.09.06) (as at 13.09.06)
May 2006/May 2011 - 12.00% p.a. Not listed Annually 15.000 12.00 12.00 21.00
12.00 12.00 19.00
May 2006/May 2016 - 13.25% p.a. Not listed Annually 505.000 12.00 12.00 20.50
      12.00 12.00 18.50
Dec. 2006/Dec. 2011 - 13.50% p.a. Listed Annually 527.800 13.25 13.25 Indicative 17.00
Not traded during the year 13.25 13.25 Indicative 17.50
        711.89 711.89 711.89 13.50 13.50 21.00 13.50 13.25
  (as at 20.08.07) (as at 20.08.07) (as at 20.08.07)
Dec. 2006/Dec. 2013 - 13.75% p.a. Listed Annually 0.250 Not traded during the year 13.50 13.50 18.50
Not traded during the year 13.75 13.75 20.00
Dec. 2006/Dec. 2016 - 14.00% p.a. Listed Annually 467.260 Not traded during the year 13.75 13.75 18.00
Not traded during the year 14.00 14.00 Indicative 17.00
Floating rate         14.00 14.00 Indicative 17.50
May 2003/May 2008 - 3 Months TB rate (Net) + 2% p.a. Listed Quarterly Not traded during the year 21.85 23.71 11.10 13.05
  Not traded during the year (Matured on 12.05.08) (as at 05.10.05) (as at 05.10.05)
Oct. 2004/Oct. 2009 - 3 Months TB rate (Net) + 2% p.a. Not listed Quarterly 1,000.000 17.74 18.97 20.00 11.10 13.05
(as at 05.10.05) (as at 05.10.05)
Oct. 2005/Oct. 2010 - 3 Months TB rate (Net) + 2% p.a. Not listed Quarterly 120.000 20.55 22.19 20.25
17.74 18.97 20.00
Oct. 2005/Oct. 2010 - 3 Months TB rate (Gross) + 1% p.a. Not listed Quarterly 905.000 20.55 22.19 21.00
17.74 18.97 19.00
May 2006/May 2011 - 3 Months TB rate (Net) + 2% p.a. Not listed Quarterly 15.000 21.61 23.43 21.00
              18.49 19.81 19.00    
May 2006/May 2011 - 3 Months TB rate (Gross) + 1% p.a. Not listed Quarterly 465.000 20.55 22.19 21.00    
          17.74 18.97 18.50    
Dec. 2006/Dec. 2011 - 12 Months TB rate (Gross) + 1% p.a. Listed Annually 131.020 Not traded during the year 21.61 23.43 21.00
Not traded during the year 18.49 19.81 18.50
Dec. 2006/Dec. 2013 - 12 Months TB rate (Gross) + 1% p.a. Listed Annually 0.300 Not traded during the year 21.61 23.43 21.00
Not traded during the year 15.42 15.42 18.50
Dec. 2006/Dec. 2016 - 12 Months TB rate (Gross) + 1% p.a. Listed Annually 0.400 Not traded during the year 21.61 23.43 20.00
        Not traded during the year 15.42 15.42 18.00
  21.61 23.43 Indicative 17.00
      4,436.030   15.42 15.42 Indicative 17.50
       
               
       
(The comparative information for 2007 have been highlighted)

3 Months TB rate (Gross) - three months Treasury Bill rate before 10% Withholding Tax Rate as published by the Central Bank of Sri Lanka immediately prior to the commencement of each interest period.

3 Months TB rate (Net) - three months Treasury Bill rate after 10% Withholding Tax Rate as published by the Central Bank of Sri Lanka immediately prior to the commencement of each interest period.

12 Months TB rate (Gross) - twelve months Treasury Bill rate before 10% Withholding Tax Rate as published by the
Central Bank of Sri Lanka immediately prior to the commencement of each interest period.

Other Ratios 2008 2007
Debt Equity Ratio (%) 17.82 29.94
Interest Cover (Times) 8.69 7.07
Liquid Assets Ratio (%) [Minimum 20%] 24.82 24.24
 
 
   
 
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