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RESEARCHVESSELS N{Xopgr4ts33￿ rnaThag88twor2searthves8e150wned byUKRluthd&rabarèboat ouaMiiythgvalueas¢iiDgOtotrt9vwDershI9Jnao￿r&1Ir￿rfth8Trl MI)lUYOYHEThIA￿s7Al1UE I￿ComEFR0mDON￿Tb)N5￿NtsLEttAt1￿S Etb TOTAL FUNDS FVNDS FUNDS FUNDS 2024 20%4 2022 Olh8rdonAtiOllS 83 lJKR1￿ERCgra￿t 21149 8,819 11x7 26.709 124 4268 4YJ 54,124 50.82S 10,YEI 14,047 1.150 1.375 11892 TDt•lQrnn 7,OOB 2111C¢MEFROMTRADINGAcnvrriES TOTAL TOTAL FUND5 FUNDS FIINDS FiFND5 2024 2024 2024 2023 1.300 1￿9 3￿86 Dlsbursements 1267 hlainten4nceand repairsin¢om• 1.9 60 Othertrading iA¢omg 41 T•tsiothorTrWnybbcom• 4,242 Tn IAOThERIKOME TOTAL YOTAL FUN08 FUNDS AJNDS FUNDS 2024 2024 other&Dnations 88 L4TIoNALOCEANL￿NApAyrE￿[REANNvP￿RE￿QRTa￿NA￿¢1AL8T1YEmEM1￿234I ¥INCOFAEFROMINVESTMENTS YOYAL FUNDS FUNDS FUNDS 024 2024 2023 B￿k intorost 1A1È 444 4EXPENI)truREONGHARrrABLEACTNmES STAFF ¥E$5EL RESEAR¢H ESTATE COSTS ¢OSTS DEPRE¢WmON TOTAL 20x4 2024 2024 2024 2024 ¢t￿￿e$Undertaka￿d￿reetIY 10,29 12.526 51?18 -AdrninislratiDnwsts 14.95 151 4.703 3.678 2,5 .335 ?1.0 -Govefnanc&costg T•WExp•ndt4r• 41.998 10.2 6,S14 TOTAL TOT FUNDS RtNDS 2024 2023 Auditfee5-. 72f 125 -o￿rfe*S￿dtO￿UdltOwS Tru¥tEeremurnerati•nand ewcn5¢S L8gWandpiof8ssicn8lfeos Flnanc6co8t$ rla T¢talexpÈnOitureon¢tt*ritabka¢bwti*$forth¢y**rwagm,015Kw23.£BQ.574KI.ofthat￿pondIturO£4a,jsoK￿2o2s..£5s￿S6IOWa5Unr•lt￿Gtbd.￿28.686KQ￿￿.th&S,3Qf￿lW*$ r?¥trlrtEd¥ndE3.999X12023..£3.682KlwaSre5trictedtlxedassPtfuDds. NOTVSTOT￿F￿1HC￿S7ATE￿EHTS 69 5KTINCOME 4,￿? Amon￿￿￿onQfI￿L&ngib￿(Ix￿d￿sSBts Lossondtsws&iole4uipm+nt Ltss511Gain)on'orèigneXtrhan¢e 746 340 288 8STAFpeosTS 2V>4 2021 Wagesand salari klzticilal 1fj5urAnce¢OThtiibthlOThs 33.808 30,037 3,5 4.953 3,219 FeTh51anc05ts 41.998 3&00> Ihetre4rth¢r¢*ei•i¢dvrtdan¢yco$t¥of£￿1xIgO23..£6lK)Wh1chWe￿pa￿dt¢7{20g8.'9) membersofstsff.Ofthetts212023..2)werestatutoryredundahtypay&hd6I2023.71Wer8 svtyeraTrcoP&y. Th8nUmbèrofem￿Oyttgf¢rtheY&￿W&SIs￿4￿￿. 2024 2023 Scienceand rese?rch5talf 266 FundtQiSin9Sta(I OpgratiODEandflnanc8staff Enoln•irsanit¢chn*lJn 27S M2 83 86 T•t•lSt4tlnuTh*qrs ThOnUmtyer¢lÈM￿QYQéSwhJS0 &mplw8bèThÈfllslgxtludinoÈmpb￿rp8￿s40n costs) wAc8ed8dC60.OWwas" ZIO.001-É80.000 È80.Dth-kgD.000 O.OD1-klOO.WO %YDD,001-&110.OC¥J 1o.001-21￿.￿jo 420.001-W30,000 2130.001-£h40.t 19 E140.001-£150.t 90 IirKNALOCEANDGRAPHYCEHfREANNUALRfPQRT&FINWKL4L￿IITEp￿E￿r$2¥a4 65fAFPC05TS(COFifiNUÈD) Kegmanagemerrt personne1$34rie$iine.EMpwèrpen￿tsn ContnbutlDnsandNation&llnsuiancel O¢eymanJgernenip¢rsonnelareth¢S?nlorManagethonL Teèm.#s$et Duttsnpase6tolthiS rèport) 89 7TRusfEEIIEPAUNERATKJNANDEXPENSES Duringlh&y8ai or.etlusieer￿e1¥*dleMuneraLIO￿oI£9KI2023..onelMsIeerÈeelvÈd£8K>. rernuDEr&knonY4a5a9fBgdandpTovided Jndeiaproynston inthegoveTrynqdorumeDtoltheChBdty-RemuTrer&tioDwa5 W￿ded￿Ve￿0theTru￿tees'To￿89thPch￿r0ftheludII Rlsk Commllte¢.w1ieli￿qUIreS èrang¢ofspeclal￿t￿n￿￿4￿9ean￿exper1efteeand haSaw￿$remIIl￿IeImsO1lheroltthat theTrustee Isrequ*edtOPfovlde. ￿0therbefjeIIr$￿$1¢ provided. Dudngtheypaik1K12023..£IKlola%DBn6P5wereT&mbuT$edtotrustèpsln relat￿nt0traYeIanOsubslStenGts. Durtn#th4y•arDr4f+s4on*llnd•mnityitsSuIan¢•of£8￿(2o28..L78K1WaSpurth1S$dlnI•Sp1¢tofÉIth@TrU￿￿8aM4o1I1e•rsofth*c0mpÈrty. IINTAIIGIèLÉPIXEtsASSETS so ANDTOTAL t1(ktoberYY23 At10ctob&r2tv2s 1608 Ataosw•mb•r2024 At30Septpmber2024 At30S•pi•mb•r2023 ritsYESTofHÉnPIAr1tt4LSTATEkllNTS AklNE POOL EQUIPMENT &FrrriNGS EQUIPMENT MACHINERY VEHICLES TOTAL ¢￿tory￿￿￿C At1 O¢tobèr2023 11.322 47 .441 1AOO 291 34.5fT 11.420) (3,MS> At30sw￿￿r2O24 13.Tr2 47 0•w•c￿￿ Atl Octoty&rW23 5.2 1.6V2 0.023) Iy8 889 1,611 255 ?0,106 4B96 CharggfoitM8year d15poSa15 9.619 U,12 .3991 t>J&pt•mb•r2tr24 14853 5024 47 21003 At308epternber2024 7.548 2.102 16.65S At305epten*Er2023 6.OST 1.0È3 283 SCIENTFLC AfMIINE POOL FIXTUR¢5 &FfrnNG ¢OMPUT£R qUIPMEI PLANT& PIACMINERY NOTOR VEHICLts TOTAL At10ctobEr2029 Adoltions 18S$1$ 2962 244t 1AOO IB94 a4470 7,88e 13.1451 3,470 (1A201 DtspOS￿$ IIA691 2¢1.3DB 1,806 25 At10ctober2023 11,&86 2￿9 5,235 1.fft2 l348 20.080 ch￿98fDI￿h0Y0Ii 12ypi 12,399) At3DSgptaEnber2Vk4 1.9¥9 Nrtbty•kv4 A130S¢ptrmberQO 6,923 7.548 9.102 sg 16.8 At30September2023 6ts27 6.(Q7 I￿3 283 14390 OnlNoV8mbèr20tggoodwi113ndmov&a￿exS$ttr-ty&1fft9lhe piani.wlpm•tstlincru4ln9lTewlpmwt).Ilbrati¥S.s1o¢ks.jnwThiory¥￿￿￿su￿ats￿softh&Dpar8Ilon.weret[ansferredto tNpchaiity by¥y&yof2capi*al￿￿htfIOrn UKRllotalllng£24.646K. NATWOCEANWAPHYWTREAANLL4LREPORT&RNaNCJALyATEIIEN7$2344 IOINVE¥fMErirs IWVEsYMwfiNSVBSIDI4RIES Th￿r￿￿O￿￿9￿a£èoUbSid'aryU￿dtrt￿klDUQfIhecbartyvIIf￿￿ner￿ na1vBIUeforthelnvestventinthes1￿yId1kryotktr. Natlaniloctsanographycttntio InnovaLion$ N•tlonalOceanograohyCeDtre EuropeanWaySoutb&rnplonLknitod KihGdomS0143ZH DeVe￿p￿&￿t41p1QIutt$an servicesbasedor.: ofaceBn8cience rt5earth&nd 12￿507& OtdiAWy 024 023 2,4 Z62E 2.E28 1190) Is iNVESTMENTINCASHDEPQSITS Th8Valu8ofcashdep05tsbeingh&ldlor9￿terth8￿9od&Y5￿er*'. eth rjep05knat30SeMèM￿I 4￿0 STOC Ship￿￿ 51È NOTESTOTHERK4NCIALSTATEklElfts 120EklYIJAS GROUP $ROUP eHARfTY CAARryY 2024 9023 Trad0detr￿￿rS 9.965 216 1.886 7￿28 Gioupdebtors Propaym•nis Acciu8dlnc￿￿ 404 1B74 1374 Z77 6,483 7.160 QthqrdebtDrs 13,6fl IICREEfftIRS..AMIXINTSIAILNGDuewThHINONEYEAJt GROVP GRQVP ¢HARrrY 2024 2W 2(Y13 T1*e¢￿1t¢rS 1.181 768 Dv•loktarin8&nd Eupariners P&nsionaccru 857 50¢ialS•QurityaDaothèrtaMe5 242 2228 253 104S 3.039 28.74 3.039 1.968 DaferrédincornqlnDt•141 .9 T4>t•l¢¥•dWw• t4DEFERREDINCOME ROtsP aROUP CHARfTY 2024 2024 At1C¢tobei 32,626 176.6491 72.765 ¥1￿26 Y1.&11 178.486J 73.086 Re￿a￿edto1ncorn￿ 17&5901 7ze47 73.802 *7.9 D8lsrr¢din¢om¢r$lèt*5t¢grantillCQmÉ.Incluthfflgré£8aTchgrants.whcharor8colvedlnthatKèofsp8LyThCcDnditIOn8be1ngM0t.Thelnc0mejstshOVI￿I$4￿8￿¢dUnll1tk0SOc￿n￿￿0rnS NATIONALQ¢EANQtsRvTrfrcEinREANNUPIRÈPORf&FINPIKWL¥fATgllENfs2>24 1$FtINr BALANCEAT ANCEAT SOSEPTEPABER SOSEPTEMBER 2023 INCOAryE EXPENDITURE 2024 UnrnslrlEtodfuTrds 1950 ur*estliCtsdlund9 13,725 148,8851 15A46 17.fj49 9551 Restr￿¢1 fund 1550 7,074 28.599 7.05 8.8861 (S.g991 1463 Restr￿¢ IIAed P2.085) LANeEAT ALANCEAT $O$ErnBER ￿e￿gnated*un￿s 3.924 1.950 IYFOI 3.8D4 UNTestrictsdfund5 18.9 46.171 144,2fjQl 1S.T14 48,121 Iwso) 19,Vl8 r*d*￿tI￿dIund1 Re5tli¢teCf￿n05 1550 7.Cfj4 28,599 8.6861 2463 ftéstr￿ts￿fI￿P￿￿s¥otIUthds 7.058 r•￿¢le#[y￿￿1 TtsWfuAd$ 4174 r40TEsTOThEHN￿4fA4LsrA72￿Elq7S 15FVNDsi¢oimNUEDI PRIOR Y&4RCOMPARATIV¥FnURES BALANCEl4T 3O$EPTEMÈER 3OSÈPTÉMBÉR 2022 fl¢OME EXPE￿[[VRE TRANSFERS Unr0strkk￿Iund5 Dr￿at¢du￿re¥trfG11d. De&9nateQf￿n(s 3924 O¢ny•lynrestvkt•* 15.e22 ￿￿.556 156.1941 (e,2091 18.725 1&022 1MI R•strf¢t•dfunds 1.139 10213 24587 125.3281 (3,68a 2550 7.U14 Pe51iictsdlixeda￿ellun0$ 52 Yotsltsnds 185,2D* BAL•JICEAT &UNCEAT 30SEPTEMBER #OSEPTEMBeR 2022 INc￿E EXPENDrruRE TRANSFERS UnrÈStrfsteétsndS O¢sigDattdfynds 3ts?4 3ts24 Q•nw•lunrutrlGi•& 1&755 57,933 (5¥.56SJ TotDlunr•strfGtsdkn 14765 15¥.600) ff.T87 R•GtYl¢wdlur 1.139 lo.￿3 5,3261 2200 13S R8Strlct8dfix&dassotfunds 808 7.074 T¢ialr•rtrf¢¢•dfunds A52 12&008) 2.995 T￿￿ll￿ 82.778 182XM) NATIU1I￿oCE•JIO￿￿rtYClM￿EANNuALPEPDRT￿￿NAKmLSTATE￿IE1{fS￿3￿4 1SIUNDSICOlmNUED> G$n*rallJndsar¢ unrestfi¢tsalunthwxich¥èAvalabbforuseatthedixretionolEheTrugtGesinluith4rkhcèoltn&9Inèra[014t*1¥*s01thèGl0u￿a￿￿Wlmth havÈ nolbè*ndg3ignatsd lor oth¢roufpo5o$. treslwatedfut￿￿C0￿plrse unieytricted fundsttrwth&vebBenseiasldebkin¢Truste¢s1oi parti¢¥l)rpuYpos¢ Th¢alman4us$Dl$#¢1l09$19naE*f￿ffilIr¢sgt0ut lThth¢not•stot￿nn1tt¢l￿l$ldtemÈnt$. Restrictedkndsarefundswhich aretobeused InaccordancewithswficrpstriCtionsimPOSOdtydDnorsorWhlch￿VObS8n rais8U bytn&Groupforp8rtlcu18rpurw￿B.ThOCo%tS0f ralsin9andLdrydnIswiD9s￿CmIUnd$￿rgc￿aigQd49alDsttheS￿l￿cI￿n0. 8tricled IL￿dsc0Mprl9BD￿N￿Fship0p8r￿E1￿1nC0fn￿.cn8rt*r1fjcO￿Ab&WnCè￿￿dwmEPC￿pItÉI ￿p1a￿￿£nI. R8Strlct8dfix8dass8tfut￿S￿r&fUndSf0rthbs0I0uS80faCQukI￿tham￿v8abh¥$&t&of NOConth&1N<>v9M￿r20l9a￿dth￿￿xp￿TrdItUr51sIh•sUbsOq￿frAttt0Pl￿CI0E￿nOfth?$jas59tr. 16NET ASSErs FtXED CURR ASSEts INVÉSYMENTS ASSEf5 L￿BIL￿lEs YOYAL 2024 2024 20 2D24 2024 9.683 41.505 128.742) 15,446 3.804 24 D¢Sluna19dun￿5trf Réstrktod 2.646 8.390 &5731 Restrtctedflxeuasset n.326 25 10,138 Total NetAssets XEft CURftENT Awfs UABILIT Ci1Rr￿IT A$$ETS WVE%fMENTS TOT 202S 2023 2023 2023 34.7Q9 3.924 123,543,, 13.725 3,924 1550 7.074 09s1gnaigdunrgstrl¢l¢d R¢strkto 3.862 11&023 Restrkted fIxed￿set 8,0 (9m 166) NOTESW7HEFININLwsfATEklEN7S EfAsSEfsicoNfl￿É Al CVRKrtT ASSEfs UA3LmES TOTAL 2024 2024 2024 £T30 41.153 1804 B.1091 15.774 DeSIgTratedun￿3trtGt￿ 1&190) 2.463 R$8triCt6dfix+dasa+t 11.2T9 .133 TotalNelAve 1&65S 47￿6 14 FfAED tURR ASSEr$ LMLThIES 21123 2024 2024 2024 G•neI￿Unr&Str1ct8d 33.993 3,924 18.868 Desion&t4duDrestrt¢ted 3.924 2550 7m4 3,862 ReStrict8&flxed&sset Tot4lN•tA69016 (w&n) GROUP aRQUP CHARrrY 2024 2Q23 .347 5.949 32.6B1 2024 1,418 5.670 1,500 250 bpt¥yeen1andSy￿vS 98 4TKY•iOcE*IIOfyR￿Y¢ENIRE￿￿￿uAL￿Ep￿RT•FINAmCwL$TATE￿IE￿Ts2aQ4 20RELATEDPARTYTrANSACmONS Thécharityhas ma¢trUstoftn¢exernptiOf￿ Inseciionkn.1AufFRS102e￿p&ragf￿ph10fsCts￿l4*sOfIhPC0Mp￿esACt2wsafft￿ nastnOSeThnottOtsstlo5Qtron¥aGiions¥¥hhrtS whdlyowffl¢dsJbSldkary.￿t￿£$èar£el1￿ImBt£don coTrsolldatlon. TTans•¢tiwwSthTrusi•esaredetkiled inMle7. 21PÉMSIONeoMMITfyIENT5 UKRI-NERCemoloy6&sar8offltritl8Qtob•rnombgr$oftnèR#W¢hthn¢ilsPen51On$CbernP*knIckni￿a￿efLThed benoflt3chemtfundodfromannuaigrant-In-•ldanao•y-#SWU-Q¢ba91 Thep¢n¥oTrschemelseontrlburtryand15&dmini5teredbythBResearchCouncilsJDintSupgianrwlloDSorvlC•. Thoschem?LSa multI-bmpl¢yersGhem•.f¢rwhiGfiaSepar&leRes8Èr¢hCounttifsP*ns10NSchÉm&aE￿UnI1Spu￿￿￿¢d.￿1ER¢a￿8UllabIOtordeThUtyth￿IShkFeL￿thÈ undeTlOngassets andlLRblit￿séfidt￿)5èr&0tkngt9Nw. FmDloyeeswholoinsd#tteY1 November2019btèEniit4edtTrbemembersottheNational(kfanogiaphYC8ntf8GrwpPensionS¢heme,Trls14adelh)edc¢ntDbut￿nP￿fft5kn￿sChP[￿e #d￿l￿151eI8¢ byLe9alandGeTheial.Contrlbutionstoriheyearwereempioyels10%aThd prnployF8samlniMvmofS%. ThepensbDcosts¢haroefoitheyeryrrepreEent6CDlltributlonspayabbtcth8sch@M8s&Thddmouniedtog4fi58K{2￿&.y.44oKI. GD DEEPER Th•Natl•TrlllOwwr4phyC•ntr•l8oTrbofth4worb*stop wep.,DviaeiheuKbN#lion￿￿aD￿￿YnÈède41*beat0Pv￿btt1)￿11. to*adandparticipate1nintern&tiOT￿Co-0per&t￿DS.Weundert&kew0i t8chnology nThovation'.workirowifhoov8mm8ntandbusin8SStoturn gr8ats"ianc8and t*chTholLyyintoadviceand4pplicatlons WesupportS¢ienTiStsinurnlver*u¢$8ndYesearehinStlruceS¥yrt￿￿c1itlt$. r*s¢ar¢l lThfro*ru¢tureaThd Irre￿a¢tabl¢￿aIa0$$ttS-e￿ablI￿OthVL toharnÈssthÈlullp¢weianddiYtrSityOt t>ttkaASe1￿¢etÈlÈni. To9etblte-slz¢dupdates on4urSclen¢eandT¢chntslo9y.l attst New¥.PLiblicEwnts.¢arg¢r Dpp¢riunitie$and EdiirulivnalResoufcèB. suby¢rttyetoO¢ean New5vloowwety91teorlolbwuson50¢1alm￿w in FB.COMI NATIONALOCEAN OGRAPHYCENTRE LINKEDIN.COMI COMPANYI NATIONAL-OCEAN oaRAPHY-CENTrE /// l-).1 I YOUTUBE.COMI NOCNEWS INsfAGRAMKOW NOCNEWS 100 MA7￿￿otEANO0llpHy¢kylr*EAIlNuALREPO￿r&RNAHeL4Ls[Al￿￿ENTs23 w w