Related Party Disclosures as per Sri Lanka Accounting Standard - LKAS 24 on Related Party Disclosures is detailed in Note 53 to the Financial Statements on Financial Reports section of this Annual Report. In addition, the Bank carries out transactions in the ordinary course of business on an arm's length basis with entities where the Chairman or a Director of the Bank is the Chairman or a Director of such entities, as detailed below:
| Director/Company | Relationship | Accommodation Granted/Deposits | Current Limit | Balance Outstanding | ||
| as at 31.12.12 | as at 31.12.12 | as at 31.12.11 | ||||
| Rs'000 | Rs'000 | Rs'000 | ||||
| (a) | Mr. D.S. Weerakkody | |||||
| Cornucopia Lanka Ltd. | Director | Deposits | 150 | 150 | ||
| (b) | Mr. K.G.D.D. Dheerasinghe | |||||
| The Finance Company PLC | Chairman | Loans & Advances | 169,500 | 64,424 | 35,950 | |
| Bartleet Finance PLC | Chairman | Loans & Advances | 120,000 | 76,044 | – | |
| Off Balance Sheet Accommodations | 52,500 | 2,500 | – | |||
| Deposits | 388,448 | – | ||||
| (c) | Prof. U.P. Liyanage | |||||
| Diesel & Motor Engineering Company PLC |
Director | Loans & Advances | 2,006,860 | 1,272,997 | 1,010,171 | |
| Off Balance Sheet Accommodations | 1,625,060 | 711,011 | 1,754,682 | |||
| Deposits | – | 5,214 | – | |||
| Chemanex PLC | Director | Loans & Advances | 160,000 | 94,734 | 8,368 | |
| Off Balance Sheet Accommodations | 105,000 | 20,918 | 20,516 | |||
| Deposits | 205 | 225 | ||||
| Ceylon Cold Stores PLC | Director | Loans & Advances | 150,000 | – | 178 | |
| Off Balance Sheet Accommodations | 99,280 | – | – | |||
| Deposits | 651 | – | ||||
| Talawakelle Tea Estates PLC | Director | Loans & Advances | 140,000 | 7,602 | 59,215 | |
| Off Balance Sheet Accommodations | 10,000 | – | – | |||
| Deposits | 116,169 | 314 | ||||
| (d) | Mr. M.P. Jayawardena | |||||
| Cal Exports Lanka (Pvt) Ltd. | Chairman | Loans & Advances | 8,320 | 1,952 | 795 | |
| Off Balance Sheet Accommodations | 76,800 | 43,456 | 6,516 | |||
| Deposits | – | 2,618 | 53,518 | |||
| Yasui Lanka (Pvt) Ltd. | Chairman | Loans & Advances | 58,560 | 30,484 | 34,314 | |
| Off Balance Sheet Accommodations | 8,000 | 7,782 | – | |||
| Deposits | 56,987 | 51,564 | ||||
| Chemanex Exports (Pvt) Ltd. | Chairman | Loans & Advances | 10,000 | – | 132 | |
| Off Balance Sheet Accommodations | 29,000 | 10,000 | 12,160 | |||
| Deposits | 2,018 | 58,864 | ||||
| Chemcel (Pvt) Ltd. | Chairman | Deposits | 501 | 165 | ||
| Chemanex PLC | Director/CEO | Loans & Advances | 160,000 | 94,734 | 8,368 | |
| Off Balance Sheet Accommodations | 105,000 | 20,918 | 20,516 | |||
| Deposits | 205 | 225 | ||||
| CIC Holdings PLC | Group Director | Loans & Advances | 1,200,000 | 700,935 | 133,405 | |
| Off Balance Sheet Accommodations | 100,000 | 88,061 | – | |||
| Deposits | 3,538 | 11,931 | ||||
| CIC Vetcare (Pvt) Ltd. | Director | Loans & Advances | 205,000 | 121,049 | 47,805 | |
| Off Balance Sheet Accommodations | 70,000 | 53,613 | 40,058 | |||
| Deposits | 1,037 | 1,881 | ||||
| CIC Poultry Farms Ltd. | Director | Loans & Advances | 613,733 | 274,518 | 62,352 | |
| Off Balance Sheet Accommodations | 50,000 | – | 73,239 | |||
| Deposits | 24 | 4,470 | ||||
| (e) | Mr. L. Hulugalle | |||||
| Waters Edge Hotel PLC | Director | Loans & Advances | 2,925 | 85 | – | |
| Deposits | 110,378 | – | ||||
* Comparative figures for 2011 are disclosed only if outstanding are available as at December 31, 2012.
** Balances disclosed above are based on SLAS.