The Ceylon Petroleum Corporation was established as a public corporation.It operates through two main Operations: Selling and Refining. Selling is broken down into seven segments including Transport, Aviation, Power Generation, Industries, Domestic, Agro and Exports. The Transport segment comprises auto fuels supplied through CPC’s island-wide dealer network. The Aviation segment supplies aviation fuel to all local and international airlines and other customers. The Power Generation sector provides the crucial fuel supply to the CEB and independent power producers to ensure continuous electricity supply in the country. The Industries segment provides industrial kerosene, Fuel Oil to industries, Lubricant, Bitumen and Solvent. The Domestic Sector comprises Kerosene and Liquid Petroleum Gases. The Agro segment provides high quality agro chemical products, while the Exports segment involves the export of Naphtha and Furnace oil. The CPC Refinery is involved in producing petroleum products through a refinery process which is then transferred for distribution. The Ceylon Petroleum Corporation was founded in 1961 and has its headquarters in Colombo.
Ceylon Petroleum Corporation
Type
State Owned Enterprise
Industry
Utilities
ROA
-4.2
Governance
75
Profits/Losses
LKR 2,371,000
Governance Indicators
A systematic measure of how well this SOE is managed.
2019
Year of the most recent Annual Report available online
1
Have Annual Reports for the last five years been tabled in Parliament?
2
Does the Annual Report include the mandatory provisions set out in the PED guidelines?
1
Is the Audit Clean / Qualified / Disclaimer?
1
Is the information pertaining to the RTI officer available on the website?
1
Does the SOE respond to an RTI within the timeframe specified in the Act?
1
Does the SOE have a website?
1
Does the SOE website contain sufficient organtisational details?
1
Does the SOE website contain tender and procurement details?
Annual Report
Auditing Standards
Rights to Information
Accessibility of Information
Interpretation of the indicators
Good
2
Average
1
Bad
0
Financials
Available Financial data for the last few years.
| Year | Turnover (LKR) | Total Assets | Profit/Loss | Total Debt | Total Liabilities | Total Equity | Operational Profits | ROA |
|---|---|---|---|---|---|---|---|---|
|
2020
|
518,871,000
|
Data Not Available | 2,371,000 |
529,187,000
|
Data Not Available | Data Not Available | Data Not Available |
Data Not Available
|
|
2019
|
631,015,609
|
354,870,306
|
-10,302,736 |
9,404,124
|
621,756,969
|
-272,066,883
|
-16,691,331
|
-2.9
|
|
2018
|
522,238,384
|
350,884,456
|
-105,286,734 |
6,670,010
|
612,880,466
|
-261,996,010
|
-22,164,516
|
-35.9
|
|
2017
|
447,177,005
|
236,380,025
|
3,999,545 |
4,389,055
|
391,272,517
|
-154,892,492
|
10,718,241
|
1.8
|
|
2016
|
423,443,612
|
210,154,381
|
54,439,000 |
4,170,298
|
378,152,127
|
-167,997,746
|
83,525,172
|
25.6
|
|
2015
|
377,261,652
|
215,274,145
|
-20,059,713 |
4,699,783
|
428,136,025
|
-212,861,880
|
29,355,002
|
-9.7
|