Transparency Seal

PNOC EC’s compliance with Inter-Agency Task Force (IATF) MC 2020-01 and Governance Commission for GOCCs (GCG) MC 2019-02

I. PNOC EC’s mandate and functions, names of PNOC EC’s officials with their position and designation, and contact information;

II. Annual Financial Reports

1. Annual Audit Reports

2021 Audit Report (uploaded on 19 July 2022)
2020 Audit Report (uploaded on 27 July 2021)
2019 Audit Report (uploaded on 17 September 2020)
2018 Audit Report (uploaded on 13 June 2019)
2017 Audit Report (uploaded on 11 June 2018)
2016 Audit Report (uploaded on 18 September 2017)
2015 Audit Report (uploaded on 15 June 2016)
2014 Audit Report (uploaded on 24 July 2015)

2. Financial Statements

2023

As at 31 March 2023 (Unaudited)
- Statement of Financial Position (uploaded on 25 April 2023)
- Statement of Comprehensive Income (uploaded on 25 April 2023)
- Statement of Changes in Equity (uploaded on 25 April 2023)
- Statement of Cash Flows (uploaded on 25 April 2023)
- Trial Balance (uploaded on 25 April 2023)

2022

As of 31 December 2022 (Unaudited)
- Statement of Cash Flows (uploaded on 19 January 2023)
- Statement of Changes in Equity (uploaded on 19 January 2023)
- Statement of Comprehensive Income (uploaded on 19 January 2023)
- Statement of Financial Position (uploaded on 19 January 2023)
As of 30 September 2022 (Unaudited)
- Statement of Cash Flows (uploaded on 25 October 2022)
- Statement of Changes in Equity (uploaded on 25 October 2022)
- Statement of Comprehensive Income (uploaded on 25 October 2022)
- Statement of Financial Position (uploaded on 25 October 2022)
As at 30 June 2022 (Unaudited)
- Statement of Cash Flows (uploaded on 19 July 2022)
- Statement of Changes in Equity (uploaded on 19 July 2022)
- Statement of Comprehensive Income (uploaded on 19 July 2022)
- Statement of Financial Position (uploaded on 19 July 2022)
As at 31 March 2022 (Unaudited)
- Statement of Cash Flows (uploaded on 25 April 2022)
- Statement of Changes in Equity (uploaded on 25 April 2022)
- Statement of Comprehensive Income (uploaded on 25 April 2022)
- Statement of Financial Position (uploaded on 25 April 2022)

2021

As of 31 December 2021 (Unaudited)
- Statement of Cash Flows (uploaded on 25 January 2022)
- Statement of Changes in Equity (uploaded on 25 January 2022)
- Statement of Comprehensive Income (uploaded on 25 January 2022)
- Statement of Financial Position (uploaded on 25 January 2022)
As of 30 September 2021 (Unaudited)
- Statement of Cash Flows (uploaded on 22 October 2021)
- Statement of Changes in Equity (uploaded on 22 October 2021)
- Statement of Comprehensive Income (uploaded on 22 October 2021)
- Statement of Financial Position (uploaded on 22 October 2021)
As at 30 June 2021 (Unaudited)
- Statement of Cash Flows (uploaded on 27 July 2021)
- Statement of Changes in Equity (uploaded on 27 July 2021)
- Statement of Comprehensive Income (uploaded on 27 July 2021)
- Statement of Financial Position (uploaded on 27 July 2021)
As at 31 March 2021 (Unaudited)
- Statement of Cash Flows (uploaded on 27 April 2021)
- Statement of Changes in Equity (uploaded on 27 April 2021)
- Statement of Comprehensive Income (uploaded on 27 April 2021)
- Statement of Financial Position (uploaded on 27 April 2021)

2020

As of 31 December 2020 (Unaudited)
- Statement of Cash Flows (uploaded on 29 January 2021)
- Statement of Changes in Equity (uploaded on 29 January 2021)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 29 January 2021)
- Statement of Financial Position (uploaded on 29 January 2021)
As of 30 September 2020 (Unaudited)
- Statement of Cash Flows (uploaded on 20 October 2020)
- Statement of Changes in Equity (uploaded on 20 October 2020)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 20 October 2020)
- Statement of Financial Position (uploaded on 20 October 2020)
As of 30 June 2020 (Unaudited)
- Statement of Cash Flows (uploaded on 28 July 2020)
- Statement of Changes in Equity (uploaded on 28 July 2020)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 28 July 2020)
- Statement of Financial Position (uploaded on 28 July 2020)
As of 31 March 2020 (Unaudited)
- Statement of Cash Flows (uploaded on 21 May 2020)
- Statement of Changes in Equity (uploaded on May 2020)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 21 May 2020)
- Statement of Financial Position (uploaded on 21 May 2020)

2019

As of 31 December 2019 (Unaudited)
- Statement of Cash Flows (uploaded on 22 January 2020)
- Statement of Changes in Equity (uploaded on 22 January 2020)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 22 January 2020)
- Statement of Financial Position (uploaded on 22 January 2020)
As of 30 September 2019 (Unaudited)
- Statement of Cash Flows (uploaded on 24 October 2019)
- Statement of Changes in Equity (uploaded on 24 October 2019)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 24 October 2019)
- Statement of Financial Position (uploaded on 24 October 2019)
As of 30 June 2019 (Unaudited)
- Statement of Cash Flows (uploaded on 18 July 2019)
- Statement of Changes in Equity (uploaded on 18 July 2019)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 18 July 2019)
- Statement of Financial Position (uploaded on 18 July 2019)
As of 31 March 2019 (Unaudited)
- Statement of Cash Flows (uploaded on 30 April 2019)
- Statement of Changes in Equity (uploaded on 30 April 2019)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 30 April 2019)
- Statement of Financial Position (uploaded on 30 April 2019)

2018

As of 31 December 2018 (Unaudited)
- Statement of Cash Flows (uploaded on 23 January 2018)
- Statement of Changes in Equity (uploaded on 23 January 2018)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 23 January 2018)
- Statement of Financial Position (uploaded on 23 January 2018)
As of 30 September 2018 (Unaudited)
- Statement of Cash Flows (uploaded on 24 October 2018)
- Statement of Changes in Equity (uploaded on 24 October 2018)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 24 October 2018)
- Statement of Financial Position (uploaded on 24 October 2018)
As of 30 June 2018 (Unaudited)
- Statement of Cash Flows (uploaded on 23 July 2018)
- Statement of Changes in Equity (uploaded on 23 July 2018)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 23 July 2018)
- Statement of Financial Position (uploaded on 23 July 2018)
As of 31 March 2018 (Unaudited)
- Statement of Cash Flows (uploaded on 25 April 2018)
- Statement of Changes in Equity (uploaded on 25 April 2018)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 25 April 2018)
- Statement of Financial Position (uploaded on 25 April 2018)

2017

As of 31 December 2017 (Unaudited)
- Statement of Cash Flows (uploaded on 23 January 2018)
- Statement of Changes in Equity (uploaded on 23 January 2018)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 23 January 2018)
- Statement of Financial Position (uploaded on 23 January 2018)
As of 30 September 2017 (Unaudited)
- Statement of Cash Flows (uploaded on 23 October 2017)
- Statement of Changes in Equity (uploaded on 23 October 2017)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 23 October 2017)
- Statement of Financial Position (uploaded on 23 October 2017)
As of 30 June 2017 (Unaudited)
- Statement of Cash Flows (uploaded on 24 July 2017)
- Statement of Changes in Equity (uploaded on 24 July 2017)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 24 July 2017)
- Statement of Financial Position (uploaded on 24 July 2017)
As of 31 March 2017 (Unaudited)
- Statement of Cash Flows (uploaded on 2 May 2017)
- Statement of Changes in Equity (uploaded on 2 May 2017)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 2 May 2017)
- Statement of Financial Position (uploaded on 2 May 2017)

2016

As of 31 December 2016 (Unaudited)
- Statement of Cash Flows (uploaded on 26 January 2017)
- Statement of Changes in Equity (uploaded on 26 January 2017)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 26 January 2017)
- Statement of Financial Position (uploaded on 26 January 2017)
As of 30 September 2016 (Unaudited)
- Statement of Cash Flows (uploaded on 26 October 2016)
- Statement of Changes in Equity (uploaded on 26 October 2016)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 26 October 2016)
- Statement of Financial Position (uploaded on 26 October 2016)
As of 30 June 2016 (Unaudited)
- Statement of Cash Flows (uploaded on 20 July 2016)
- Statement of Changes in Equity (uploaded on 20 July 2016)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 20 July 2016)
- Statement of Financial Position (uploaded on 20 July 2016)
As of 31 March 2016 (Unaudited)
- Statement of Cash Flows (uploaded on 21 April 2016)
- Statement of Changes in Equity (uploaded on 21 April 2016)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 21 April 2016)
- Statement of Financial Position (uploaded on 21 April 2016)

2015

As of 31 December 2015 (Unaudited)
- Statement of Cash Flows (uploaded on 27 January 2016)
- Statement of Changes in Equity (uploaded on 27 January 2016)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 27 January 2016)
- Statement of Financial Position (uploaded on 27 January 2016)
As of 30 September 2015 (Unaudited)
- Statement of Cash Flows (uploaded on 20 October 2015)
- Statement of Changes in Equity (uploaded on 20 October 2015)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 20 October 2015)
- Statement of Financial Position (uploaded on 20 October 2015)
As of 30 June 2015 (Unaudited)
- Statement of Cash Flows (uploaded on 22 July 2015)
- Statement of Changes in Equity (uploaded on 22 July 2015)
- Statement of Profit or Loss and other Comprehensive Income (uploaded on 22 July 2015)
- Statement of Financial Position (uploaded on 22 July 2015)
As of 31 March 2015 (Unaudited)

2014

3. Annual Reports

2021 – Annual Report (uploaded on 11 August 2022)
2020 – Annual Report (uploaded on 6 August 2021)
2019 – Annual Report (uploaded on 2 October 2020)
2018 – Geared Up! (uploaded on 27 June 2019)
2017 – Exploring Prospects, Pursuing Opportunities (uploaded on 12 July 2018)
2016 – Fueling Progress (uploaded on 7 July 2017)
2015 – Breaking New Grounds (uploaded on 5 July 2016)
2014 – Forging Partnerships in the Pursuit of Energy Security (uploaded on 23 October 2015)

4. Annual Reports on the Status of Income authorized by law to be deposited outside the National Treasury (not applicable)

III. Approved Corporate Operating Budget and Performance Targets

1. Corporate Operating Budget

Corporate Operating Budget for 2023 (updated last 8 February 2023)
Corporate Operating Budget for 2022 (updated last 6 July 2022)
Corporate Operating Budget for 2021 (uploaded on 19 July 2021)
Corporate Operating Budget for 2020 (updated last 19 November 2020)
Corporate Operating Budget for 2019 (updated last 7 May 2019)
Corporate Operating Budget for 2018
Corporate Operating Budget for 2017 (uploaded on 5 May 2017)
Corporate Operating Budget for 2016 (uploaded on 4 February 2016)
Corporate Operating Budget for 2015
Corporate Operating Budget for 2014

2. Performance Scorecards

2023

2023 Performance Scorecard (uploaded on 28 April 2023)
- First Quarter, 2023 (uploaded on 28 April 2023)

2022

2022 Performance Scorecard (uploaded on 27 June 2022)
- First Quarter, 2022 (uploaded on 29 April 2022)
- Second Quarter, 2022 (uploaded on 29 July 2022)
- Third Quarter, 2022 (uploaded on 28 October 2022)
- Fourth Quarter, 2022 (uploaded on 30 January 2023)

2021

2021 Performance Scorecard (uploaded on 9 June 2021)
- First Quarter, 2021 (uploaded on 30 April 2021)
- Second Quarter, 2021 (uploaded on 30 July 2021)
- Third Quarter, 2021 (uploaded on 30 October 2021)
- Fourth Quarter, 2021 (uploaded on 28 February 2022)

2020

2020 Performance Scorecard (uploaded on 12 December 2019)
- Fourth Quarter, 2020 (uploaded on 7 February 2022)
- Third Quarter, 2020 (uploaded on 30 October 2020)
- Second Quarter, 2020 (uploaded on 30 July 2020)
- First Quarter, 2020 (uploaded on 30 July 2020)

2019

2019 Performance Scorecard (uploaded on 17 January 2019)
- Fourth Quarter, 2019 (updated last 26 October 2020)
- Third Quarter, 2019 (uploaded on 24 October 2019)
- Second Quarter, 2019 (uploaded on 1 August 2019)
- First Quarter, 2019 (uploaded on 30 April 2019)

2018

2018 Performance Scorecard (uploaded on 25 June 2018)
- Fourth Quarter, 2018 (updated last 7 July 2019)
- Third Quarter, 2018 (uploaded on 26 October 2018)
- Second Quarter, 2018 (uploaded on 31 July 2018)
- First Quarter, 2018 (uploaded on 27 April 2018)

2017

2017 Performance Scorecard (uploaded on 25 January 2018)
- Fourth Quarter, 2017
- Third Quarter, 2017 (uploaded on 31 October 2018)
- Second Quarter, 2017 (uploaded on 27 July 2018)
- First Quarter, 2017 (uploaded on 27 April 2018)

2016

2016 Performance Scorecard (uploaded on 19 April 2016)
- Fourth Quarter, 2016 (updated last 1 March 2017)
- Third Quarter, 2016 (uploaded on 28 October 2016)
- Second Quarter, 2016 (uploaded on 28 July 2016)
- First Quarter, 2016 (uploaded on 19 April 2016)

2015

2015 Performance Scorecard
- Fourth Quarter, 2015 (updated last 28 July 2016)
- Third Quarter, 2015 (uploaded on 30 October 2015)
- Second Quarter, 2015 (uploaded on 7 August 2015)
- First Quarter, 2015

2013 - 2014

2013 – 2014 Major Final Output (MFO) targets (uploaded on 7 February 2019)

IV. Projects, Programs and Activities, Beneficiaries, and Status of Implementation for 2023

1. Project and Programs

2022 Projects and Programs (uploaded on 31 August 2022)

2. Beneficiaries

2023 Beneficiaries
- Beneficiaries identified under Special Provision (not applicable)
- Beneficiaries identified under Corporate Operating Budget

3. Status of Implementation

Status of Implementation 2023 (updated last 4 May 2023)

V. Annual Procurement Plan (APP non-CSE), Indicative APP non-CSE; and APP for Common-Supplies and Equipment (APP CSE)

1. Annual Procurement Plan

2023

Indicative Annual Procurement Plan of PNOC EC for FY 2023 (uploaded on 29 September 2022)
2023 Annual Procurement Plan - Common Supplies and Equipment (APP-CSE) (uploaded on 31 August 2022)
2023 Annual Procurement Plan (uploaded on 26 January 2023)

2022

Changes in 2022 APP - Second Update (as of December 31, 2022) (uploaded on 30 January 2023)
Changes in 2022 APP - First Update (as of June 30, 2022) (uploaded on 27 July 2022)
2022 Annual Annual Procurement Plan (uploaded on 31 January 2022)
2022 Indicative Annual Procurement Plan (uploaded on 29 September 2021)
2022 Annual Procurement Plan - Common Supplies and Equipment (APP-CSE) of PNOC Exploration Corporation (uploaded on 7 September 2021)

2021

Changes in 2021 APP - Second Update (as of December 31, 2021) (uploaded on 10 February 2022)
Changes in 2021 APP - First Update (as of June 30, 2021) (uploaded on 30 July 2021)
2021 APP (Final) (uploaded on 24 February 2021)
2021 Supplemental APP (No. 1) (uploaded on 2 July 2021)
2021 Indicative Annual Procurement Plan (uploaded on 28 September 2020)
2021 Annual Procurement Plan - Common Supplies and Equipment (APP-CSE) of PNOC Exploration Corporation (uploaded on 18 September 2020)

2020

Changes in the 2020 APP - Second Update (as of December 2020) (uploaded on 26 March 2021)
2020 APP - First Update (as of June 2020) (uploaded on 28 September 2020)
2020 APP (uploaded on 31 January 2020)
Indicative 2020 APP non-CSE (uploaded on 28 August 2019)
2020 APP CSE (uploaded on 5 September 2019)

2019

APP 2019 (as of December 2019) (updated last 14 December 2019)
2019 APP non-CSE (uploaded on 7 February 2019)
Indicative 2019 APP non-CSE (uploaded on 26 April 2018)
2019 APP CSE (uploaded on 24 August 2018)
2019 Supplemental Annual Procurement Plan – Common Supplies and Equipment (APP-CSE) – (Motor vehicle) of PNOC EC (uploaded on 27 August 2019)

2018

APP 2018 (uploaded on 26 April 2018)

2017

APP 2017 (uploaded on 19 April 2017)

2016

APP 2016 (uploaded on 4 August 2016)

2015

Investment (uploaded on 8 June 2015)
OPEX (uploaded on 8 June 2015)
CAPEX (uploaded on 8 June 2015)
Cost of Sales (uploaded on 8 June 2015)

2014

2. Contracts Awarded

2022

Perfected Contracts (as of October 31 2022) (uploaded on 6 June 2023)
Perfected Contracts (as of September 2022) (uploaded on 6 January 2023)
Perfected Contracts (as of August 2022) (uploaded on 6 January 2023)
Perfected Contracts (as of July 31, 2022) (uploaded on 14 October 2022)
Perfected Contracts (as of June 2022) (uploaded on 6 October 2022)
Perfected Contracts (as of May 2022) (uploaded on 7 September 2022)
Perfected Contracts (as of April 2022) (uploaded on 7 September 2022)
Perfected Contracts (as of March 2022) (uploaded on 30 June 2022)
Perfected Contracts (as of February 2022) (uploaded on 30 June 2022)
Perfected Contracts (as of January 2022) (uploaded on 30 June 2022)

2021

Perfected Contracts (as of December 2021) (uploaded on 26 April 2022)
Perfected Contracts (as of November 2021) (uploaded on 13 January 2022)
Perfected Contracts (as of October 2021) (uploaded on 13 January 2022)
Perfected Contracts (as of September 2021) (uploaded on 13 January 2022)
Perfected Contracts (as of August 2021) (uploaded on 13 January 2022)
Perfected Contracts (as of July 2021) (uploaded on 13 January 2022)
Perfected Contracts (as of June 2021) (uploaded on 30 September 2021)
Perfected Contracts (as of May 2021) (uploaded on 30 September 2021)
Perfected Contracts (as of April 2021) (uploaded on 10 September 2021)
Perfected Contracts (as of March 2021) (uploaded on 10 September 2021)
Perfected Contracts (as of February 2021) (uploaded on 10 September 2021)
Perfected Contracts (as of January 2021) (uploaded on 28 July 2021)

2020 (uploaded on 18 February 2021)

Perfected Contracts (as of December 2020) (uploaded on 30 September 2021)
Perfected Contracts (as of November 2020) (uploaded on 30 September 2021)
Perfected Contracts (as of October 2020) (uploaded on 28 July 2021)
Perfected Contracts (as of September 2020) (uploaded on 28 July 2021)
Perfected Contracts (as of August 2020) (uploaded on 6 July 2021)
Perfected Contracts (as of July 2020) (uploaded on 28 July 2021)
Perfected Contracts (as of June 2020) (uploaded on 30 March 2021)
Perfected Contracts (as of May 2020) (uploaded on 30 March 2021)
Perfected Contracts (as of April 2020) (uploaded on 26 March 2021)
Perfected Contracts (as of March 2020) (uploaded on 26 March 2021)
Perfected Contracts (as of February 2020) (uploaded on 26 March 2021)
Perfected Contracts (as of January 2020) (uploaded on 18 February 2021)

2019 (updated last 15 July 2019)

As of December 2019 (uploaded on 18 February 2021)
As of November 2019 (uploaded on 18 January 2021)
As of October 2019 (uploaded on 5 February 2020)
As of September 2019 (uploaded on 26 November 2019)
As of August 2019 (uploaded on 17 October 2019)
As of July 2019 (updated last 27 August 2019)

2018

2017 (uploaded on 14 June 2018)

2016

2015 (uploaded on 3 November 2016)

2014 (uploaded on 14 December 2014)

3. Procurement Monitoring Report

2022

2022 PMR - First Semester (as of June 2022) (uploaded on 14 July 2022)
2022 PMR - Second Semester (as of December 2022) (uploaded on 13 January 2023)

2021

2021 PMR - Second Semester (as of December 2021) (uploaded on 27 January 2022)
2021 PMR - First Semester (as of June 2021) (uploaded on 14 July 2021)

2020

2020 PMR - Second Semester (as of December 2020) (uploaded on 26 March 2021)
2020 PMR - First Semester (as of June 2020) (uploaded on 28 September 2020)

2019

2019 PMR - Second Semester (as of December 2019) (uploaded on 14 February 2020)
2019 PMR (as of September 2019) (uploaded on 2 January 2020)
2019 PMR - First Semester (as of June 2019) (uploaded on 19 July 2019)
2019 PMR (as of March 2019) (uploaded on 18 June 2019)

VI. QMS Certification of at least one core process by an international certifying body (ICB)

1. PNOC EC ISO 9001:2015 Certificate (uploaded on 28 October 2021)

• PNOC EC ISO 9001:2015 RA Final Audit Report 2022 (uploaded on August 1 2022)

2. PNOC EC QMS Manual (uploaded on 17 August 2021)

3. Memorandum on the approval of QMS Manual, Quality Procedures, and Quality Objectives (uploaded on 17 August 2021)

VII. System of Ranking Delivery Units for 2021 PBB

1. Performance Appraisal & Forced Ranking (uploaded on 19 August 2021)

2. Appraisal Form – Professional / Technical (uploaded on 19 August 2021)

3. Appraisal Form – Secretary (uploaded on 19 August 2021)

4. Appraisal Form – Rank & File (uploaded on 19 August 2021)

VIII. PNOC EC’s Review and Compliance Procedure of Statements and Financial Disclosures (uploaded on 13 August 2021)

IX. PNOC EC’s Final People’s Freedom of Information (FOI) Manual signed by head of PNOC EC; PNOC EC’s Information Inventory; FOI Registry, and FOI Summary Report

1. Manual and Implementing Guidelines (updated last 31 March 2023)

2. PNOC EC FOI One-Page Manual (uploaded on 20 January 2021)

3. eFOI Portal

4. FOI Certificate of Compliance

5. FOI Seal

6. PNOC EC FOI Reports (Inventory, Registry and Summary Report) (updated last 19 April 2023)

X. Distribution of 2019 Performance-Based Bonus

XI. Corporate Social Responsibility Report

1. 2013-2015 – Beyond Responsibility