North European Oil Royalty Trust (NRT) 2013年年度报告「NYSE」.pdf

1、Annual Report 2013NorthEuropean OilRoyalty TrustATTENTION:PLEASE RETAINCRITICAL TAX INFORMATION ENCLOSEDThe Annual Meeting of Unit Owners will be held on February 11,2014,at 10:30 A.M.,in Rooms 3 and 4,Ninth Floor,at the University Club,1 West 54th Street,New York City(northwest corner of 5th Avenue

2、;entrance on 54th Street).All unit owners are cordially invited to attend.If you plan to attend the meeting,please note that The University Club has a dress code.Gentlemen are required to wear a jacket and ladies are required to wear business attire.The University Club does not make exceptions.Table

3、 of Contents Report to Unit Owners.1-3 Dollar Royalties Western and Eastern Oldenburg.4 Selected Financial Data.5 Net Proved Producing Gas Reserves(Est.)and Volume of Net Gas Sales .6 Ten Year History of Net Gas Sale Volumes .7 Description of Trust Assets .8-9 Managements Discussion and Analysis.9-1

4、7 Critical Accounting Policies .17-18 Distributions and Trading.19-20 Comparison of Five Year Returns .20-21 Gross Gas Sale Volumes .22 Report of Independent Registered Public Accounting Firm .23 Financial Statements.24-27 Notes to Financial Statements .28-30 Disclosure Controls and Procedures.31 In

5、ternal Control Over Financial Reporting.31-32 2013 Tax Letter(Removable).33-36IMPORTANT TAX INFORMATIONFor your convenience,the information necessary to prepareyour 2013 tax return is included in the removable“2013 tax letter”on Pages 33 through 36.Please note that there will be no separate mailing

6、of the tax letter.NORTH EUROPEAN OIL ROYALTY TRUST1Report to Unit Owners:FOURTH QUARTER 2013 Net income for the Trust for the fourth quarter of fiscal 2013 was$4,860,365,an increase of 3.87%from net income of$4,679,489 for the fourth quarter of fiscal 2012.The Trust receives nearly all of its royalt