Debenture Categories Interest Payable Frequency Applicable Rate Intrest rate of comparable Government Security Fixed Rate 2006/2016 - 14.00% p.a. Annually 14.00% 10.44% 2006/2011 - 13.75% p.a. Annually 13.75% 8.17% Floating Rate 2006/2011 - 6 months TB rate (Net) + 2.00% p.a. Semi-Annually 10.93% 8.17% 2006/2011 - 6 months TB rate (Gross) + 1.00% p.a. Semi-Annually 10.92% 8.17% 6 months TB rate (Net) - Six months weighted average Treasury Bill rate after 10% withholding (net rate) as published by the Central Bank of Sri Lanka. 6 months TB rate (Gross) - Six months weighted average Treasury Bill rate before 10% withholding (gross rate) as published by the Central Bank of Sri Lanka. Other Ratios 31-12-2010 Debt Equity Ratio 1.37 Interest Cover ( Times) 3.36 Quick Asset Ratio ( %) (same as liquid assset ratio) 308.2