EASTERN REFINERY LIMITED

FINANCIAL STATEMENTS (YEAR 2016 AND 2015)

    TAKA IN LAKH
A) NON-CURRENT ASSETS:   June 30, 2015 June 30, 2016
  Prperty, Plant & Equipment (Cost less Accumulated Depreciation)   5,124.75 5,248.65
  Capital Work-in-Progress   382.83 2,368.58
  Blocked Assets   20.00 20.00
  TOTAL NON-CURRENT ASSETS   5,527.58 7,636.90
B) CURRENT ASSETS:  
  Stores & spares   6,277.80 6,052.72
  Investment in Fixed Deposit with Bank   10,053.72 8,636.49
  Account Receivable-Others   891.81 862.17
  Account Receivable-BPC   --- 823.74
  Deposits & Pre-Payments   485.79 564.09
  Loans & Advances   2,875.49 2,826.12
  Cash & Bank Balance   923.15 3,716.61
  TOTAL CURRENT ASSETS   20,737.85 24,251.85
  TOTAL ASSETS (A+B)   29,779.43 28,374.75
 
    TAKA IN LAKH
C) SHAREHOLDERS' EQUITY:   June 30, 2015 June 30, 2016
  Paid up Capital   3,300.00 3,300.00
  Capital Reserve   4,345.37 4,599.18
  Revenue Reserve   8,148.92 8,248.92
  Retained Earnings   433.95 353.49
  TOTAL SHAREHOLDERS' EQUITY   16,228.24 16,501.59
D) LONG-TERM LIABILITIES:      
  Long Term Loan   1,431.39 1,027.15
  Deffered Liabilities      
  Employees' Gratuity    2,465.60 3.048.19
  Deffered Tax Liability   804.82 863.57
  TOTAL Deffered Liabilities   3,270.42 3,911.76
  TOTAL LONG-TERM LIABILITIES   4,701.81 4,938.91
 
E) CURRENT LIABILITIES:  
  Accounts Payable   4,292.34 3,380.91
  Provision for Taxation   3,238.12 2,819.10
  ADP Loan   450.97 404.24
  Current A/C with BPC   537.95 ---
  Dividend Payable   330.00 330.00
  TOTAL CURRENT LIABILITIES   8,849.38 6,934.25
 
  TOTAL LIABILITIES & SHAREHOLDERS' EQUITY(C+D+E)   29,779.43 28,374.75
Notices

Design, Supply, Installation, Testing and Commissioning of a Cooling Tower(4000 m3/hr) at Eastern Refinery Limited, Chittagong on Turn Key basis
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Tender Invitation of Various goods like Caustic Soda (NaOH),Physical Form: Flakes or Pearl,Split type Air Conditioner (Wall mounted),Capacity: 2.0 Ton (24000BTU/HR) And 1.5 Ton (18000BTU/HR) each,Public Address System for Training Center Seminar Room,Projector, Projector Celling Mount Kit and Projector Screen with Installation,3 Phase Oil Immersed and Naturally Air Cooled Transformer,Navy Blue Drill And White Drill Cloth and Portable Flue Gas Analyzer
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Recruitment Result of different post has been published. Download Notice:
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Written exam result and interview notice for the post of Accounts Assistant and Junior Computer Typist has been published.
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International Tender Invitation of Electronic Transmitter and Spares for Air Compressor; Manufacturer: Burton Corblin, France. Closing Date: 12-12-2017
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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: 07
  •  Works: 00
  • Foreign Tender:
  •  Goods: 03
  •  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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