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Oil Refineries Announces Financial Results for Third Quarter and Nine Months 2007
Date:11/20/2007

169,847 191,002

Loan to Haifa Early Pensions Ltd. 303,664 300,000

Long-term loans and other debit balances 52,555 7,409

Excess of funded amounts over the liability

for employee termination benefits, net 36,400 45,458

_________ _________

562,466 543,869

----------------------------

Fixed assets

Property, plant and equipment 3,682,683 3,701,744

Materials and spare parts 169,759 178,147(ii)

Fund for investment in fixed assets 429,057 414,749

_________ _________

4,281,499 4,294,640

-------------- --------------

Other assets and deferred expenses 50,892 48,100

-------------- --------------

10,247,296 9,847,725

_________ _________

_________ _________

Current liabilities

Credit from banking institutions and other

credit providers 1,118,226 899,142

Suppliers and service providers 1,500,022 1,561,723

Accounts payable and credit balances 508,477 785,309

Proposed dividend 280,000 20,000

_________ _________

3,406,72
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SOURCE Oil Refineries Ltd
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