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

Invitation of tender Repair (partial replacement/reconstruction) of a) Product & b) Furnace Oil Storage Tank No. a) T-6126 & b) T-6122.Closing Date 27-05-2018
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eTender Invitation of procuring 50.00 Metric Ton Hot Rolled Mild Steel Plate and Caustic Soda (NaOH) - 100 M. Ton.
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Invitation of tender on Engineering Inspection of Boiler ‘E’ at ERL. Closing Date 30-05-2018
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In regard to ERL purchase activities in e-tendering Please click here.


Laboratory Test Prices are updated
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News & Events
1968-2018, 50 years ceremony of Eastern Refinery Limited has been celebrated on 07thMay, 2018 at International Convention Center.
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: 02
  • Foreign Tender:
  •  Goods: 00
  •  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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