EASTERN REFINERY LIMITED

FINANCIAL STATEMENTS (YEAR 2014 AND 2015)

    TAKA IN LAKH
A) CURRENT ASSETS:   June 30, 2015 June 30, 2014
  Stores & spares   6,277.80 5,976.12
  Investment in Fixed Deposit with Bank   10,053.72 11,168.13
  Account Receivable-Others   891.81 1,143.89
  Account Receivable-BPC   --- 1,860.14
  Advances, Deposits & Pre-Payments   3,311.91 3,397.54
  Cash & Bank Balance   3,716.61 2,075.72
  TOTAL CURRENT ASSETS   24,251.85 25,621.54
B) NON-CURRENT ASSETS:      
  Operating Fixed Assets   5,124.75 6,671.13
  Capital Work-in-Progress   382.83 413.58
  Blocked Assets   20.00 20.00
  TOTAL NON-CURRENT ASSETS   5,527.58 7,104.71
  TOTAL ASSETS (A+B)   29,779.43 32,726.25
 
    TAKA IN LAKH
C) CURRENT LIABILITIES:   June 30, 2015 June 30, 2014
  Accounts Payable   4,292.34 5,267.73
  Provision for Taxation   3,238.12 4,105.58
  ADP Loan   450.97 494.20
  Current A/C with BPC   537.95 ---
  Dividend Payable   330.00 330.00
  TOTAL CURRENT LIABILITIES   8,849.38 10,197.51
 
D) NON-CURRENT LIABILITIES:      
  Long Term Loan   1,431.39 1,882.36
  Deffered Liabilities      
  Employees' Gratuity    2,465.60 3,232.03
  Deffered Tax Liability   804.82 1,355.21
  TOTAL Deffered Liabilities   3,270.42 4,587.24
  TOTAL NON-CURRENT LIABILITIES   4,701.81 6,449.60
 
E) SHAREHOLDERS' EQUITY:      
  Paid up Capital   3,300.00 3,300.00
  Capital Reserve   4,345.37 4,101.69
  Revenue Reserve   8,148.92 8,048.92
  Retained Earnings   433.95 608.53
  TOTAL SHAREHOLDERS' EQUITY   16,228.24 16,059.14
  TOTAL LIABILITIES & SHAREHOLDERS' EQUITY(C+D+E)   29,779.43 32,726.25
Notices

National Tender for installing 4 deep tubewell in farm area of ERL on experimental basis. Closing Date: 20-08-2017
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Job opportunities for varoius officer positions are available. Closing Date: 22-08-2017
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International Tender for supply and installation of complete Aerocondenser unit is available. Closing Date: 17-09-2017
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National Tender for fork lift, air compressor, distribution panel and 10 KVA Online UPS is available. Closing Date: 25-07-2017
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National Tender for Caustic Soda and Cloth Stitching is available. Closing Date: 30-07-2017
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National Tender for Scrap Sale is available. Closing Date: 01-08-2017
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Laboratory Test Prices are updated
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News & Events
40thAnnual General Meeting held on 02ndAug, 2017

Eid-e-Miladunnabi (SAW) has been observed at ERL on 19thJanuary, 2017

Contract Agreement signed between Bangladesh Petroleum Corporation (BPC) and Technip for the installation of ERL unit-2 on 18thJanuary, 2017
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Contract Agreement signed between Bangladesh Petroleum Corporation and China Petroleum Pipeline Bureau for the installation of Single Point Mooring with Double Pipeline on 08thDecember, 2016
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MOI signed between BPC and EIL for Project Management Consultancy for ERL Unit 2 on 19th April, 2016
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Finished Products

Finished Products

ERL produces 16 petroleum products including a few non-fuel products, namely, SBP, JBO, MTT, BITUMEN. Some of these products are produced only on demand.

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production

Physical Facilities

Refinery went on-stream with three Processing Units namely:
  Crude Distillation Unit,
  Catalytic Reforming Unit
  Hydrodesulphurization Unit

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development

Development

procurement

Tender Information

    Local Tender:
  •  Goods: 00
  •  Works: 01
  • Foreign Tender:
  •  Goods: 05
  •  Works: 00
  • EOI:
  •  Consultancy Service: 00

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Image 05

Lab Testing

ERL has an well Equipped Quality Control Lab for ensuring best quality products. It also provides outsider the facilities for the following test:

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