Annual Report
// Contents
6 2019 in numbers
8 An aquarium to discover and thrill
14 Conservation and knowledge
26 Education and raising awareness
31 Communication and dissemination
32 Human resources
33 Social responsibility
32 Economic and financial analysis
41 Proposed earnings distribution
42 Acknowledgements 4 | //2019
SHAREHOLDER The Oceano Azul Foundation, a non-profit // Vision foundation under Portuguese private law whose purpose is to contribute to the Ocean conservation and sustainable use of the ocean, is the sole shareholder of Oceanário de Lisboa. conservation is a responsibility shared by all.
GOVERNING BODIES // Mission PRESIDING BOARD OF THE GENERAL MEETING Chairman To encourage Tiago Ferreira Lemos Secretary people to learn Nuno de Deus Pinheiro more about the BOARD OF DIRECTORS Chairman José Manuel da Silveira e Castro Soares dos Santos ocean and make Members João Miguel Meister Falcato Pereira all citizens aware Tiago Filipe Olavo de Pitta e Cunha Pedro Miguel de Frias Torres Curto Simões of their duty to David José Ferreira Azevedo Lopes conserve their AUDIT COMMITTEE Auditor natural heritage, ERNST & YOUNG AUDIT & ASSOCIADOS - SROC, S.A. represented by João Alves ou Luís Rosado Substitute by changing their Rui Abel Serra Martins behaviour. //2019 | 5 6 | //2019
2019in numbers // VISITORS 1 407 183 (-2%)
// VISITOR SATISFACTION INDEX 90%
// TRIPADVISOR RATING 4,55 (+0,2)
// INVESTMENT IN OCEAN EDUCATION € 797 000
// PARTICIPANTS IN EDUCATIONAL ACTIVITIES 214 052 (+35%)
// VIEWS OF OCEANÁRIO FILMS 5,2 million
// SUPPORT TO CONSERVATION PROJECTS € 207 000
// CONSERVATION PROJECTS 16
// SPECIES BREEDING PROGRAMMES 16
// OPERATING INCOME 19.4 M€ (+4%)
// NET INCOME 2.0 M€ (+8%)
// INVESTMENTS IN EQUIPMENT 3.0 M€ (-41%) 8 | //2019 // An aquarium to discover and thrill
// VISITORS 1 407 183 (-2%) // TRIPADVISOR RATING 4,55 (+0,2) // NET PROMOTER SCORE 70 //2019 | 9
New visit model Starting on 1st December 2019, Oceanário de Lisboa implemented a new visit model that offers visitors access to all spaces and exhibits with a single ticket, and allows them to enjoy a more complete and flexible visit in an innovative and engaging environment, aligned with the ocean sustainability and conservation mission.
“Hooked on life” exhibition by Vicent Mock Featured in Oceanário de Lisboa’s main lobby from 28 June to 20 October 2019, the “Hooked on life” exhibition by Dutch artist Vincent Mock is “a tribute to the last giants of the ocean”. The 7 life-size marine animal sculptures were created from 22 000 fish hooks, a stark reminder of the alarming rate at which marine resources are exploited, and how this can that lead their exhaustion.
Exhibition “ONE - The ocean as you never felt it” Inaugurated on 11 January 2020, the new Oceanário de Lisboa temporary exhibition by Maya Almeida was designed, created, installed and assembled throughout 2019. Installed in the main lobby, in a structure made entirely of wood, the new exhibition zone comprises a raised 110 m2 room, which has increased the area open to visitors at the Oceanário de Lisboa.
New aquarium “Fish in armour” The aquarium contains several species from southern Australia that are rarely found in aquariums, in different shapes and colours, covered in bone plates that at first sight look like armour. 10 | //2019 An aquarium to discover and thrill
New species in the collection
Leafy seadragon | Antarctic gallery Phycodurus eques Armour fish aquarium Galeria do Sul
Although their conservation status is “Least Concern”, the data points to a decline in their populations, mainly due to the degra- dation of coastal habitats and accidental fishing. Native to Austra- lia, and infrequently found in European aquariums, this species is therefore rarely seen by the average citizen, but can be found at Oceanário de Lisboa, which raises the awareness of visitors to ma- rine biodiversity and the fragility of ecosystems, while also support- ing increased scientific understanding of the species.
Australian Striped cowfish White-barred pineapplefish Aracana aurita boxwfish Cleidopus gloriamaris Anoplocapros lenticularis
New animals Atlantic cod An iconic species in Portugal Atlantic cod is one of the most important resources of the Atlantic, but also one of the most exploited by fishing activity. Its conservation status is “Vulnerable”. This species is of great cultural importance in Portugal. The introduction of eight new cod fish in the Atlantic habitat aquarium enriches the experience of visitors and raises awareness to the importance of conservation.
Common murre in the atlantic habitat The three new common murre were born in an aquarium in England and arrived to reinforce the existing colony in the Atlantic habitat at Oceanário de Lisboa. //2019 | 11
Reopening of the walkway through the indian habitat forest The reopening of the walkway offers visitors to Oceanário de Lisboa a more immersive experience in the Indian habitat forest.
€3.0 M invested on the equipment An important and extensive set of interventions were carried out throughout 2019, as part of a programme to ensure the highest standards in the management and maintenance of all equipment, facilities and support areas.
New free shuttle In 2019, Oceanário de Lisboa launched a new exclusive and free transport service. With a route that includes stops at the main hotels in Lisbon, the Oceanário Shuttle is available free of charge to all ticket holders, ensuring a comfortable journey from the city centre to Parque das Nações.
25 million visitors Oceanário de Lisboa reached 25 million visitors, and marked the occasion by recognising the contribution to ocean conservation made by all visitors over the last 21 years. Visitor number 25 million and their family, the Martins, were invited to learn more about the sea turtle conservation project in São Tomé and Príncipe.
In 2019, Oceanário de Lisboa recorded the second best year yet in number of visitors. The 2 % decrease in comparison with the previous year was essentially due to the lower number of foreign visitors, in line with the signs of a slowdown in the growth of tourism in the city of Lisbon. 12 | //2019 An aquarium to discover and thrill
#SeaTheFuture More sustainable products at the gift shop Launched by Oceanário de Lisboa in 2018, this product line aims to reduce its environmental impact while at the same time raising the awareness of visitors to sustainable consumption, made of responsible choices. The review of the product portfolio available in the gift shop has brought the percentage of sustainable products on offer to 64 %.
Conservation institution Given its activities and investments in ocean conservation, 35% of visitors consider Oceanário de Lisboa as a conservation institution (+ 6% than in 2018).
Visit of Prince Albert II of Monaco Within the scope of the partnership between the Oceano Azul Foundation and the Prince Albert II of Monaco Foundation, which is dedicated to fighting the effects of climate change, the protection of biodiversity and water management, His Serene Highness Prince Albert visited and got to know the activities developed by Oceanário de Lisboa and the Oceano Azul Foundation.
Celebrating Children’s Day with games and fun stories In celebration of Children’s Day, on June 1st, the main lobby of Oceanário de Lisboa was the stage of several activities throughout the day, notably the reading of the story “The Sheriff of Ria Formosa”, which set the scene for themed games, drawings and paintings, with the support of marine educators. //2019 | 13
Launch of “The Big Egg Hunt” app This mobile phone application is a citizen science project, brought to Portugal by the Shark Attract project, which is supported by Oceanário de Lisboa, and aims to record the eggs of sharks and rays found along the Portuguese coast, thus involving all citizens the conservation of these species and furthering scientific knowledge.
EMAS environmental statement Published annually, it presents the environmental policies, procedures and practices adopted by Oceanário de Lisboa.
Certifications and accreditations
Committees and associations 14 | //2019
// Conservation and knowledge
// PROJECT SUPPORT € 207 000 // ONGOING CONSERVATION PROJECTS 16 //2019 | 15
ENSURE THE NECESSARY DEVELOP A NEW MARKING CONDITIONS FOR THE METHOD TO INCREASE SURVIVAL OF SEA TURTLES SCIENTIFIC KNOWLEDGE ABOUT THE ANGELSHARK SEA TURTLES CONSERVATION PROGRAMME IN SÃO TOMÉ AND PRÍNCIPE ANGELSHARK 2012-2019 | SÃO TOMÉ 2017-2019 | Canary Islands
Loggerhead sea turtle Caretta caretta Angelshark Squatina squatina Olive ridley Lepidochelys olivacea Leatherback Dermochelys coriacea The project intends to obtain data about the ecology of this species, aimed at conservation. The support provided by Green turtle Chelonia mydas Oceanário de Lisboa enabled the development of a low cost, open source and ethically acceptable tagging method. IN 2019 The conservation team at Oceanário de Lisboa Hawksbill turtle Eretmochelys imbricata accompanied the project team on their trip to the La Graciosa marine area. During the 5 days of work it was possible to mark The main activities of the project include the protection, over 32 angel sharks, collect 7 acoustic receivers, several monitoring and management of spawning beaches; samples for genetic studies and also drop 30 BRUVs (Baited communication, education and awareness raising for the Remote Underwater Video Systems) to record images of these conservation of sea turtles, and engaging and training local animals. communities in São Tomé.
IN 2019 33 beaches were monitored daily, spanning an PARTNERS/ENTITIES ZOOLOGICAL SOCIETY OF approximate combined total of 25 km, with 1 953 registered LONDON, UNIVERSIDAD DE LAS PALMAS DE GRAND CANARIA, sightings, 526 females were marked, 1 154 nests recorded and ZOOLOGICAL RESEARCH MUSEUM ALEXANDER KOENIG 55 112 baby turtles released.
PARTNERS/ENTITIES PROGRAMA TATÔ ASSOCIATION 16 | //2019 Conservation and knowledge
IDENTIFY THE DISTRIBUTION, ABUNDANCE, BEHAVIOURS AND WAYS OF LIFE OF BULL RAYS INCREASE KNOWLEDGE FLY WITH BULL RAYS ABOUT THE PRESENCE OF 2017-2019 | MALTA AND CANARY ISLANDS MOBULAS Bull ray Aetomylaeus bovinus Mediterranean and Europe MANTA CATALOG AZORES 2017-2019 | AZORES AND EAST ATLANTIC Bull ray Aetomylaeus bovinus Globally Mobula tarapacana Mobula birostris The project intends to monitor the bull ray population, through the photo-identification of individual specimens. The project seeks to understand the importance of habitats in the IN 2019 Over the two years of the project, an official website Azores as Essential Fish Habitats (EFH), to increase understanding was created, allowing photographs of individual specimens to of the lifestyle and migration patterns of various manta ray be uploaded, a collaboration was developed with NGOs, diving species in Macaronesia and other Atlantic islands. centres and other local institutions for the collection of data, IN 2019 Over the two years of the project, 1 429 sightings diving equipment was purchased to enable direct observation, were recorded, 193 rays were identified, 82 genetic samples and 13 internship programmes held. The support granted by were collected, the first samples were sequenced and the Oceanário de Lisboa will make it possible to: put the citizen- mitochondrial DNA was analysed, and data on the occurrence science component of the project into practice, continue field and abundance of manta rays were collected through visual work and expand the collaborator network, develop a pilot study censuses by diving centres and whale watching companies. to use “Baited Remote Underwater Video” (BRUV) and continue to collect biometric data from specimens found in aquariums. PARTNERS/ENTITIES OKEANOS R&D CENTRE OF THE UNIVERSITY OF THE AZORES PARCEIROS/ENTIDADES IMAR – INSTITUTO DO MAR, AÇORES //2019 | 17 © Miro Mirkovic © Miro
STUDY THE TWO SPECIES OF CHARACTERISE THE USE SEAHORSES THAT EXIST IN OF TUNA SPECIES IN THE PORTUGAL PORTUGUESE CANNING INDUSTRY THE UNKNOWN SEAHORSES 2019-2020 | PORTUGAL TUNAPRINT | THE TUNA BEHIND THE CAN 2019-2020 | PORTUGAL Long-snouted seahorse Hippocampus guttulatus There are 5 species of tuna in Portugal, and the conservation Short-snouted seahorse status of 4 of them presents some degree of threat. Support Hippocampus hippocampus for the project mainly aims to assess, and provide advice and information on the tuna species that are used in conserves, The project will allow species all over the country to in order to alert the Portuguese canning industry, regulatory be understood and identified, enabling conservation authorities and the general public of the need to conserve recommendations, contributing to the classification of species, endangered species. The support of Oceanário de Lisboa will and at the same time, raising awareness both among entities be a first step toward generating information that supports and and individuals that directly deal with these animals, as well as promotes the amendment of some regulations, to ensure the the general public, regarding the importance of these species final consumer is better informed and the industry is better able and the ecosystems they inhabit. It will bring together the to manage resources. scientific community, civil society entities and citizens with an interest and knowledge in the marine environment to collect PARTNERS/ENTITIES MARE – CENTRO DE CIÊNCIAS DO MAR E information on the ground, which will later be cross-referenced DO AMBIENTE with existing data.
PARTNERS/ENTITIES ASSOCIAÇÃO NATUREZA PORTUGAL | WWF PORTUGAL 18 | //2019 ConservaçãoConservation e and conhecimento knowledge
MONITOR THE EFFECT OF SAVE THE RIA FORMOSA CLIMATE CHANGE ON SEAHORSES
COASTAL FISH COMMUNITIES 2018-2019 | RIA FORMOSA, ALGARVE
REBREATH: INTERTIDAL REEFS, NURSERIES IN TEMPERATE Long-snouted seahorse REGIONS Hippocampus guttulatus 2018-2019 | AVENCAS MARINE PROTECTED AREA, SINTRA Short-snouted seahorse Hippocampus hippocampus 42 species of fish and 8 species of invertebrates
The project aims to draw attention and alert the local, regional The project aims to monitor the effect of climate change on the and national community for the importance of Ria Formosa as fish and juvenile invertebrate communities in temperate rocky a national natural capital/heritage to be preserved, disseminate intertidal waters and focuses on the Avencas Marine Protected the current state of seahorse populations and contribute to Area. removing their threats, ensuring their future continuity through IN 2019 The support of Oceanário de Lisboa allowed biological behavioural change and the cooperation of various stakeholders data to be collected for the 10th year in a row, so it is now possible IN 2019 Several awareness raising actions were promoted, to understand the relationships between several environmental among them the communication campaign “Riding towards variables and the abundance of sampled species more deeply. extinction”, in coordination with the ICNF and the Ria Formosa A data collection platform has also been developed to support Natural Park, by the accesses to Ria Formosa beaches, to raise researchers, and could eventually be used by a specialised awareness among the public (beach goers and civil society in audience, namely fishermen and divers. The project produced: general) of the need to protect the seahorses. 1 master thesis, 1 scientific publication, 1 app for data collection in the field, 4 papers at international congresses and 2 articles in PARTNERS/ENTITIES OCEANO AZUL FOUNDATION, the press. ASSOCIAÇÃO NATUREZA PORTUGAL | WWF PORTUGAL, SCIAENA – ASSOCIAÇÃO DE CIÊNCIAS MARINHAS E PARTNERS/ENTITIES MARE – CENTRO DE CIÊNCIAS DO MAR COOPERAÇÃO E DO AMBIENTE, ISPA-UP – INSTITUTO UNIVERSITÁRIO DE CIÊNCIAS PSICOLÓGICAS, SOCIAIS E DA VIDA //2019 | 19
STUDY THE IMPORTANCE ASSESSING RAY AND SHARK OF OCEANIC ISLANDS FOR POPULATIONS MIGRATORY SHARKS FINDRAYSHARK 2018-2020 | AZORES AND BERLENGAS ISLAND SHARK 2018-2020 | ARCHIPELAGOS OF MACARONESIA The project aims to have a high scientific and social impact, by developing innovative and non-invasive technological methods Tope shark Galeorhinus galeus to assess the presence, abundance and size of rays and sharks, Smooth hammerhead Sphyrna zygaena and by proposing appropriate management initiatives and good practice guides, as well as engaging stakeholders and the public The project aims to study the existence of birthing or nesting in our shared responsibility to safeguard these marine species areas of migratory sharks in the Macaronesian Archipelagos and their important role in the functioning of ecosystems. and their role in the resilience of the Atlantic populations. The A campaign has been conducted on the island of project combines classical approaches and techniques (catch- IN 2019 Faial, resulting in data collection, testing and analysis. Through and-release and sampling) with remote underwater and aerial the various identification methods, 70 markings were made. video surveys, biotelemetry (acoustic and satellite), genomics, Information was provided to over 20 000 people at fairs and and complex modelling to understand their spatial behaviour at events and 1 000 students at school activities, as well as 2 different spatio-temporal scales, and map their EHs; workshops and 2 scientific conferences. IN 2019 126 genetic samples have already been collected, 40 interviews with fishermen and other local maritime professionals MARE – CENTRO DE CIÊNCIAS DO MAR E have been held, two working meetings have been held with the PARTNERS/ENTITIES DO AMBIENTE Azores government within the scope of the working group on Marine Protected Areas, and a number of educational activities have been held at schools on the islands of Faial, Terceira and Santa Maria.
PARTNERS/ENTITIES OMA – AZORES SEA OBSERVATORY, UNIVERSITY OF THE AZORES 20 | //2019 Conservation and knowledge
CREATE ECOLOGICAL TRACK THE MOVEMENTS OF AWARENESS ABOUT SHARKS EELS IN THE AZORES AND RAYS EEL TREK 2019-2021 | AÇORES SHARK ATTRACT 2018-2020 | PORTUGAL European eel Anguilla anguilla
This project is expected to generate substantial knowledge about There are ongoing studies on the distribution, population shark and ray fishing in Portugal, which can help identify ways to dynamics and movements of the eels in the Azores. Based on mitigate its impact, and increase interest in these endangered satellite telemetry methods, and genetic and ecological studies, species. The project includes analysis of existing fisheries data the goal is to understand the factors that determine the migration and the collection of new data relating to unreported and illegal period of the European eel. fishing; engaging fishermen in initiatives to disseminate scientific IN 2019 A marking campaign targeting 23 eels was carried out knowledge; and the implementation of informal education and on the Flores islands, glass eels were sampled across several awareness-raising actions and activities, especially designed watercourses in São Miguel, data was collected (1000 km and and delivered to populations whose livelihood depends on the 1500 km west of the Açores) from 2 satellite transmitters, and marine environment and the conservation of these species. a contribution was presented to the “Evaluation of the Eel IN 2019 Several communication and engagement initiatives have Regulation” conducted by the European Commission. been carried out with fishermen, activities were prepared for the general public and lectures presented at 8 schools, covering PARTNERS/ENTITIES GASPAR FRUTUOSO FOUNDATION 225 students, and the mobile phone application was launched, which allows all citizens to contribute to the identification of sharks and rays eggs along the Portuguese coast, with 611 eggs already registered.
PARTNERS/ENTITIES MARE – CENTRO DE CIÊNCIAS DO MAR E DO AMBIENTE //2019 | 21
INCREASE THE SCIENTIFIC KNOWLEDGE ABOUT SPERM WHALE IN MADEIRA
WHALE TALES 2019-2021 | MADEIRA
Sperm whale Physeter macrocephalus
This project’s methodology is multi-disciplinary and innovative, combining the fields of spatial ecology, ecophysiology and ecotoxicology. It will use data collected in visual surveys, photo- identification based on individual marks present on the caudal fin, satellite biomarkers, biopsies, and microplastics found on surface waters. Awareness will be raised among the general public and the local community through multimedia tools, such as real-time transmission of the position of individual specimens. IN 2019 Over the course of 23 sea trips, 18 biopsies have been collected and over 5 000 photographs were taken for photo- identification. The catalogue of sperm whales in Madeira was updated and 220 individuals were identified, of which 15 were also identified in the Azores and the Canary Islands, demonstrating that there is connectivity between the Macaronesian archipelagos. Communication supports were also created for the project, namely a video, social media presence and lectures held at 7 schools, covering about 700 students.
PARTNERS/ENTITIES ARDITI - REGIONAL AGENCY FOR THE DEVELOPMENT OF RESEARCH TECHNOLOGY AND INNOVATION 22 | //2019 Conservation and knowledge
3rd Edition of the Ocean Conservation Fund “Marine Invertebrates. Protect the ocean, the future of the Planet”
// CONSERVATION PROJECTS AWARDED 3 // TO SUPPORT CONSERVATION € 150 000
Created by Oceanário de Lisboa and the Oceano Azul Foundation, it aims to support scientific projects within the scope of marine species and ecosystem conservation that include initiatives on the ground, ensure the scientific quality of information, are sustainable, enhance education and have a strong dissemination component, not only CARRY OUT A GENETIC STUDY among specialists but also among the general public. OF THE SELVAGENS ISLANDS LIMPET The 2019 edition aimed to support projects that contribute to the conservation of marine invertebrates. THE SELVAGENS’ LIMPET PROJECT It is estimated that about 97 % of the total number of 2019-2022 | SELVAGENS ISLANDS, MADEIRA animal species currently on Earth are invertebrates. However, it is estimated that only 10 % of these species Limpet Patella candei are known. This genetic clarification will be useful in the definition the conservation status of the species on the Selvagens islands, and effective conservation measures for one of the most threatened marine invertebrates in the Northeast Atlantic.
PARTNERS/ENTITIES UNIVERSIDADE LUSÓFONA (COORDINATION); FUNCHAL NATURAL HISTORY MUSEUM; CENTRE FOR MARINE SCIENCES OF UNIVERSITY OF ALGARVE, PORTUGUESE INSTITUTE OF MALACOLOGY //2019 | 23
PROMOTE THE SUSTAINABLE CREATING KNOWLEDGE DEVELOPMENT OF COCKLE ABOUT DEEP-SEA SPONGES PICKING AND CORALS ON THE PORTUGUESE COAST COACH 2019-2022 | RIA DE AVEIRO DEEPBASELINE 2019-2022 | PORTUGAL Common cockle Cerastoderma edule
This project’s main objective is to develop a mechanism for the The project aims to assess the performance and suitability of co-creation of a knowledge base on the diversity of sponges the cockle population; identify the main causes for its decline and corals, and the vulnerable ecosystems they form, in areas and/or success; estimate the potential distribution of the at depths ranging from 20 to 750 meters below sea level. cockle population in Ria de Aveiro and predict future trends; It will bring together the scientific community, local fishing and promote the sustainable development of cockle picking communities, associations and fisheries managers in the sharing and the consequent improvement of economic, social and off knowledge that promotes sustainable conservation and environmental services for the region, through the founding of management initiatives for these species and habitats. a cockle picker cooperative.
PARTNERS/ENTITIES CIIMAR, IPMA, UNIVERSITY OF AZORES PARTNERS/ENTITIES UNIVERSITY OF AVEIRO/CESAM 24 | //2019 Conservation and knowledge
Animals reproduced in Maintenance and Oceanário de Lisboa
reproduction of BIRTHS IN 2019 Sailfin sculpin (Nautichthys oculofasciatus) marine species Shiner perch (Cymatogaster aggregata) Oceanário de Lisboa contributes to the conservation Southern stingray (Hypanus americanus) of marine biodiversity, by promoting the scientific Blue Perch (Badis badis) knowledge about the different marine species that are present in its biological collection. SENT TO OTHER AQUARIUMS Corals | Tenerife (Loro Parque) Oceanário de Lisboa continuously develops and engages 1 ray | Belgium (Pairi Daiza) in the reproduction of marine animal species, being 1 ray | Denmark (Kateggat Centre) a pioneer in the reproduction of several species, with 5 penguins | Germany (Augsburg Zoo) which has been working in recent years. 3 penguins | Italy (Montellato Monica) Jellyfish | Spain (Acuario de Sevilla) At the same time, participates, coordinates and supports Jellyfish (ephiras) – Netherlands (Burgers Zoo) breeding programs of EAZA - European Association of Zoos and Aquariums, which aim to manage species populations in European public aquariums. //2019 | 25
Involvement in European Coordination of the breeding and monitoring breeding programme programmes for 16 species RIBBONTAIL STINGRAYS (Taeniura lymma) Zebra shark (Stegostoma fasciatum) Oceanário de Lisboa heads the European Association Blacktip reef shark (Carcharinus melanopterus) Sandbar shark (Carcharinus plumbeus) of Zoos and Aquaria’s breeding programme for the Inca tern (Larosterna inca) Ribbontail stingray (Taeniura lymma), as the European Seahorse (Hippocampus hippocampus) Studbook Keeper. In 2019 the third edition of the European Long-snouted seahorse (Hippocampus guttulatus) studbook of this species was published and the results Horn shark (Heterodontus francisci) were presented at the annual conference of the European Magellanic penguin (Spheniscus magellanicus) Union of Aquarium Curators. Common guitarfish (Rhinobatos rhinobatos) Sand tiger shark (Carcharias taurus) Spotted ratfish (Hydrolagus colliei) Coordination of the Common eagle ray (Myliobatis aquila) european taxon advisory Ratão-bispo (Aetomylaeus bovinus) Leopard shark (Triakis semifasciata) group Blonde ray (Raja brachyura) JELLYFISH Nursehound (Scyliorhinus stellaris) In 2019 the experimental site of this working group (www. jellyfishtag.com) was created, which aims to gather and share information regarding the maintenance and reproduction of this group of animals. The website was presented at the EUAC annual meeting and will continue to be developed in 2020. Financing fund for genetic analysis FISH AND AQUATIC INVERTEBRATE Oceanário de Lisboa finances a fund for genetic analysis, under the scope of the “Fish and Aquatic Invertebrate Taxon Advisory Group” (FAITAG), whose objective is to carry out genetic studies in species whose information is deficient, either due to the conservation status of the species concerned or the characteristics of the population.
In 2019, this fund allowed:
/Paternity studies in individuals of the species Aetobatus ocellatus
/Taxonomic studies within the European studbook of the species group Neotrygon.
/Genetic studies to identify coral species in several European aquariums 26 | //2019 Conservation and knowledge
Participation in courses, Communications at congresses and specialised conferences specialised meetings HUSBANDRY CHALLENGES DURING ADAPTATION PERIOD OF TWO YOUNG SEA OTTERS, ENHYDRA LUTRIS KENYONI AT OCEANÁRIO DE LISBOA VII AEICBAS BIOMEDICAL CONGRESS SEA OTTER WORKSHOP. SEATTLE (USA). 28-31 MARCH 16 MARCH, INST. CIÊNCIAS BIOMÉDICAS ABEL SALAZAR, PORTO EUROPEAN UNION OF AQUARIUM CURATORS. NAUSICAÁ (FRANCE). 15-17 OCTOBER EUROPEAN ASSOCIATION OF ZOOS AND AQUARIA | EDUCATION CONFERENCE JELLYFISH TAG - BREAKING BARRIERS BETWEEN THE POSSIBLE AND 25-28 MARCH, STOCKHOLM, SWEDEN THE IMPOSSIBLE IN THE PRODUCTION OF JELLYFISH FAITAG SESSION. EUROPEAN UNION OF AQUARIUM CURATORS. XI SEA OTTER CONSERVATION WORKSHOP NAUSICAÁ (FRANCE). 15-17 OCTOBER 29-31 MARCH, SEATTLE, USA THE POWER OF COMMUNICATION: SEA OTTERS ARRIVAL AALSO-AQUATIC ANIMAL LIFE SUPPORT OPERATORS | 2019 EUROPEAN UNION OF AQUARIUM CURATORS. NAUSICAÁ (FRANCE). SYMPOSIUM AND WORKSHOP 15-17 OCTOBER 30 MARCH – 3 APRIL, CALIFORNIA, USA 3RD EDITION BLUE SPOTTED STINGRAY EUROPEAN STUDBOOK FAITAG SESSION. EUROPEAN UNION OF AQUARIUM CURATORS. EUROPEAN ASSOCIATION OF ZOO AND WILDLIFE VETERINARIAN | NAUSICAÁ (FRANCE). 15-17 OCTOBER ELASMOBRANCH VETERINARY AND HUSBANDRY MEETING 14-18 APRIL, SÓSTÓ ZOO, HUNGARY IUCN RED LIST IN AQUARIUMS EUROPEAN UNION OF AQUARIUM CURATORS. NAUSICAÁ (FRANCE). REGIONAL AQUATICS WORSHOP 2019 15-17 OCTOBER 13-17 MAIO, COLUMBUS, OHIO, USA ELASMOBRANCHS IN-SITU CONSERVATION PROJECTS EUROPEAN ASSOCIATION OF ZOOS AND AQUARIA EUROPEAN UNION OF AQUARIUM CURATORS. NAUSICAÁ 23-25 MAY, GENOA, ITALY (FRANÇA). 15-17 OCTOBER
“IUCN RED LIST ASSESSMENT” WORKSHOP SEDATION AND ANESTHESIA IN RESEARCH FISH. BRIEF REVIEW AND 12-16 AUGUST, SOUTH AFRICA DISCUSSION 14TH FELASA CONGRESS. PRAGUE (CZECH REPUBLIC). 10-13 JUNE EUROPEAN MARINE SCIENCE EDUCATORS ASSOCIATION | A DESCRIPTION OF HUSBANDRY AND HEALTH PROGRAMS OF CONFERÊNCIA 2019 A MULTI-SPECIES AQUATIC FACILITY 16-20 SEPTEMBER, AZORES 14TH FELASA CONGRESS. CZECH REPUBLIC 10-13 JUNE EUROPEAN UNION OF AQUARIUM CURATORS | CONFERENCE 2019 ZEBRAFISH HEALTH MONITORING: RECOMMENDATIONS FROM 14-18 OCTOBER, NAUSICAA, BOULOGNE-SUR-MER, FRANCE THE FELAS-AAALAS WORKING GROUP. 14TH FELASA CONGRESS. CZECH REPUBLIC 10-13 JUNE ANIMAL TRAINING: UNDERSTANDING AND MANAGING ANIMAL BEHAVIOUR | EUROPEAN ASSOCIATION OF ZOOS AND AQUARIA HEMATOLOGIA CLÍNICA EM ELASMOBRÂNQUIOS – RELATO EM 22-25 OCTOBER, ATTICA PARK ZOO, ATHENS, GREECE MOBULA HYPOSTOMA. V SCIENTIFIC MEETING OF THE IBERIAN ASSOCIATION OF ANIMAL TRAINING THROUGH POSITIVE REINFORCEMENT VETERINARIANS OF WILD FAUNA AND ZOOLOGICAL PARKS. LISBON KEN RAMIREZ, SHEDD AQUARIUM ZOO (PORTUGAL). 16-17 NOVEMBER 30-31 OCTOBER, RIMINI, ITALY //2019 | 27
Scientific publications CURRICULAR AND PROFESSIONAL 6 INTERNSHIPS AT OCEANÁRIO DE LISBOA
WARMING IN TROPICAL MARINE ECOSYSTEMS: CAN INTEGRATIVE TRAINING PROVIDED BY AQUARISTS FROM PHYSIOLOGICAL INDICES HELP PRIORITIZE HABITATS AND SPECIES OTHER PUBLIC AQUARIUMS IN EUROPE FOR CONSERVATION? 3 Madeira C & Dias M, Leal MC, Mendonça V, Madeira D, Ferreira A, Gouveia R, Jogee N, Flores AAV, Diniz M, Cabral HN, Vinagre C. , 15th European Ecological Federation Congress and 18th Portuguese Society for Ecology Meeting: Ecology Across Borders - Embedding Ecology in Sustainable Development Goals, Poster presentation, 29th July - 2nd August 2019, Lisbon, Portugal.
LONG-TERM EXPOSURE TO INCREASING TEMPERATURES ON SCLERACTINIAN CORAL FRAGMENTS REVEALS OXIDATIVE STRESS. Marta Dias, Ana Ferreira, Raúl Gouveia, Carolina Madeira, Nadia Jogee, Henrique Cabral, Mário Diniz, Catarina Vinagre. Marine Environmental Research, volume 150, September 2019, 104758.
OXIDATIVE STRESS ON SCLEACTINIAN CORAL FRAGMENTS FOLLOWING EXPOSURE TO HIGH TEMPERATURE AND LOW SALINITY. Marta Dias, Carolina Madeira, Nadia Jogee, Ana Ferreira, Raúl Gouveia, Henrique Cabral, Mário Diniz, Catarina Vinagre. Ecological Indicators, volume 107, December 2019, 105586. Assessment of the extinction risk of 332 marine Training initiatives offered species to other institutions In a partnership with the Species Survival AQUARIOLOGY MODULE AS PART OF THE MASTER’S IN MARINE Commission, of the International Union for ECOLOGY Conservation of Nature, the IUCN Marine RED LIST FACULTY OF SCIENCES, UNIVERSITY OF LISBON Officer at Oceanário de Lisboa is 100 % committed to assessing the extinction risk of marine species, POSTGRADUATE COURSE IN ANIMAL EXPERIMENTATION a key role in increasing the number of assessed LESSON ON MEDICAL AND SURGICAL MANAGEMENT IN FISH species, and therefore a contribution to the EXPERIMENTS NOVA MEDICAL SCHOOL - FACULTY OF MEDICAL SCIENCES dissemination of their protection status and their conservation. PRACTICAL COURSE ON ANIMAL HANDLING AND EXPERIMENTATION IN MOUSE AND ZEBRAFISH In 2019, Oceanário de Lisboa was involved in ANESTHESIA, ANATOMY, EUTHANASIA AND HEALTH CONTROL IN assessing 332 marine species (20 of which are FISH (THEORETICAL AND PRACTICAL CLASSES) found in European public aquariums) that had GULBENKIAN SCIENCE INSTITUTE never been pre-assessed before. FISH WELFARE COURSE. LECTURE: ANAESTHESIA IN FISH UNIVERSITY OF ALGARVE 51 new assessments of marine species were published in the IUCN Red List, as THEMATIC SEMINAR MODULE IN THE UNDERGRADUATE DEGREE IN a result of the efforts of the Marine Red BIOLOGY List Officer at Oceanário de Lisboa. “OCEANÁRIO DE LISBOA. CONSERVATION’ HIGHER INSTITUTE OF APPLIED PSYCHOLOGY 28 | //2019 // Education and Raising Awareness //2019 | 29
// PARTICIPANTS IN EDUCATIONAL ACTIVITIES 214 052 (+35%) // EDUCATING A BLUE GENERATION INITIATIVE 699 Teachers // INVESTMENT IN OCEAN LITERACY € 729 000
Educational activities at Oceanário de Lisboa 73 246 participants (+11%)
Over 1.5 million participants have already been impacted by the Oceanário de Lisboa Education Programme.
In a unique setting, over 40 educational activities carried out at Oceanário de Lisboa present different approaches and formats, depending on the target audience, level of education and type of content. The activities are full of stories, games, challenges and surprises, all with a single goal: to make a difference in the future of the ocean, by transforming and influencing children and adults. 30 | //2019 Education and raising awareness
School Programmes
The activity programme aimed at school groups explores ocean literacy and works with the natural sciences, earth “Read the Sea” and life sciences, literature, mathematics and nature featured in new educational activities conservation. It is adapted to different pedagogical As a new addition for the 2019/20 school year, special levels, valuing and complementing the curricular themes activities were created for the various levels of education proposed by the educational system. The adopted based around reading a story, from authors such as strategies stimulate discovery and promote connection Sophia de Mello Breyner Andresen, Papiniano Carlos, to the ocean. Luís de Camões, Benji Davies and father António Vieira. Teaching children and young people about the ocean PARTICIPANTS through reading is a powerful tool to help them deepen their knowledge and understanding of the world around PRESCHOOL 12 414 them, develop their capacity to make decisions, stimulate 1ST CYCLE 20 620 their creativity, and thus strengthen attitudes and values that are conducive to responsible and conscious 2ND CYCLE 8 062 initiatives towards the ocean. PARTICIPANTS 3RD CYCLE 7 494
SECONDARY 4 410 UNDERWATER HOLIDAYS 4 045
BABY CONCERT 2 681
BIRTHDAY PARTIES 4 317
SLEEPOVERS WITH SHARKS 2 127 //2019 | 31
Free outdoor educational activities 140 806 participants (+53%)
MARINE PLASTICOLOGY VISITS SCHOOLS TO RAISE FRANCISCO LUFINHA SCHOOL TOUR INSPIRES YOUNG AWARENESS OF PLASTIC POLLUTION IN THE OCEAN PEOPLE TO HAVE A PROACTIVE ATTITUDE TOWARDS THE 52 391 PRIMARY SCHOOL STUDENTS SEA 7 279 MIDDLE AND SECONDARY SCHOOL STUDENTS
OCEANÁRIO SHUTTLE VAIVÉM BRINGS THE OCEAN TO ALL OF PORTUGAL AND PUBLICS OF ALL AGES SCHENKER SCHOOL TOUR | WORLD BODYBOARD 22 846 PARTICIPANTS CHAMPION SHARES HER CONCERNS ABOUT THE SEA WITH YOUNG PEOPLE IN THE ALGARVE 5 391 MIDDLE AND SECONDARY SCHOOL STUDENTS PLANET OCEAN PROVIDES ANSWERS TO ESSENTIAL QUESTIONS ABOUT THE MARINE WORLD EXHIBITION IN CASCAIS “OCEANÁRIO IS NOT ONLY IN 27 791 PARTICIPANTS LISBON” MOTIVATES REFLECTION ON THE ROLE OF EVERY PERSON IN THE PROTECTION OF MARINE BIODIVERSITY PARTICIPATORY OCEAN ALERTS STUDENTS TO THE 3 389 PARTICIPANTS IMPORTANCE OF MARINE PROTECTED AREAS 458 MIDDLE AND SECONDARY SCHOOL STUDENTS
SCOUTS LEARN TO CONTRIBUTE TO OCEAN CONSERVATION 4 897 SCOUTS
CONSERVATION OF THE RIA FORMOSA SEAHORSES ARRIVES IN VISEU 3 484 VISITORS TO THE SÃO MATEUS FAIR
BLUE FLAG PROGRAMME RAISES AWARENESS OF PLASTIC POLLUTION “FROM THE RIVER TO THE OCEAN, WITHOUT WASTE” 352 BEACHES, 17 MARINAS 32 | //2019 Education and raising awareness
“Educating a Blue Generation” brings ocean literacy to the classroom 699 TEACHERS TRAINED IN OCEAN LITERACY
Designed and implemented by the Oceano Azul Foundation and by Oceanário de Lisboa, the programme promotes ocean literacy among children living in Portugal, aged 6 to 10, New equipment promotes through the certified training of primary school teachers and by providing the first manual on the ocean and materials to help the practice of school discuss these topics with students. watersports 21 NEW NAUTICAL EQUIPMENTS IN PUBLIC SCHOOLS Through this initiative, 16 781 students are expected to become the first in the Blue New equipment was purchased with the aim of promoting Generation. ocean literacy to young people old enough to be interested in sporting activities. The equipment was gifted to the Directorate- Started in 2018, and developed in 2019, the first phase of this General for Education, as support and encouragement for the pilot project was implemented in: practice and learning of water sports at national public schools, and equally as a means to raise awareness of responsible Primary schools in the municipalities of attitudes toward ocean conservation among young people. In Mafra, Nazaré, Peniche, Moura and Silves 2019, a ceremony was held to deliver all the equipment offered 44 schools in Cascais to the Directorate-General of Education since 2017. 64 schools in the Azores //2019 | 33 //Communication and dissemination
1 652 NEWS (-19%) 1.5 MILLION WEBSITE VISITS
124 097 FANS (+17%) 5.2 MILLION VIEWS OF OCEANÁRIO FILMS
36 200 FOLLOWERS (+50%)
Raise awareness among citizens to the duty of ocean conservation The Oceanário de Lisboa’s communication aims to promote knowledge of the ocean and inspire no apostrophe to the duty of its conservation, bringing the important themes and issues regarding the ocean to all visitors and to those who do not visit the Oceanário de Lisboa. The aim is also to raise awareness of the Tv series activities carried out by Oceanário de Lisboa, as well as The first Portuguese documentary series completely all news and reasons to visit the aquarium. dedicated to the biodiversity of the Portuguese sea and the most pristine marine areas along Portuguese coast, including the Archipelagos of Madeira and the “The Future of the Planet” Azores, premiered on Portuguese national television on 20 November. An RTP project, developed in partnership conference with the Oceanário de Lisboa and the Oceano Oceanário de Lisboa hosted and co-organised the Azul Foundation, and directed by the underwater debate on “The Future of the Planet”, promoted by photographer and filmmaker Nuno Sá, shows viewers Francisco Manuel dos Santos Foundation and the the Portuguese sea through unique and exclusive Oceano Azul Foundation, held on 14 and 15 September, images. at a conference with a panel of national and international experts, with the presence of former US Secretary of State John Kerry, biologist and underwater explorer Sylvia Earle, and environmentalist Carl Safina. 34 | //2019
// Human resources
AVERAGE NUMBER OF EMPLOYEES 76
PERMANENT EMPLOYEES 95%
AVERAGE AGE 37
GENDER REPRESENTATION 62% 38%
TRAINING 1.421 hours (+310 hours than in 2018) //2019 | 35 // Social responsibility
OCEANÁRIO FOR ALL PROVIDES INCLUSIVE OCEANÁRIO IS A PARTNER OF THE “RESILIENT VISITS CITIES IN PORTUGAL” PROGRAMME New types of visits have been created for audiences with Oceanário de Lisboa is one of the partners in the programme specific needs, including visits with Portuguese sign language that encourages cities to implement measures that increase for the hearing impaired and narrated visits for the visually resilience to catastrophes. In partnership between Lisbon City impaired. Council and various public and private entities, the aim is to promote a set of activities aimed at greater knowledge of the “SOLIDARY OCEANÁRIO” OFFERS VISITS TO dangers, vulnerabilities and risks. SOCIAL INSTITUTIONS Offered 1 234 visits and 30 educational activities to children, SUPPORT PROVIDED UNDER THE PATRONAGE adults and seniors at various welfare institutions. LAW Within the scope of its policy on social responsibility and engagement with the community, Oceanário de Lisboa made several donations, under the patronage law, amounting to an overall value of 60 thousand euros. 36 | //2019 // Economic and financial analysis
In 2019, Oceanário de Lisboa strengthened its financial position with a 6 % growth in operating income before depreciation, with an increase in the operating margin to 33 % and the growth of all financial indicators, while continuing to strengthen its position as an institution for the conservation of marine biodiversity and the promotion of ocean literacy.
Oceanário de Lisboa recorded a slight slowdown in the number of visitors. However, ticket revenue grew 2 %, following the price increase registered in March and the adoption of the single ticket in December. Gift shop sales grew 18 %, in large part due to the increase in the diversity of products, and the investment in a larger offering of #SeaTheFuture brand items, focused on sustainability.
As far as investment is concerned, 2019 shows some stabilisation in the improvements made in the last two years in equipment structure, and a relevant investment in the new temporary exhibition “ONE - THE OCEAN AS YOU NEVER FELT IT”.
The continuous execution of conservation and education programmes demonstrates the strategic commitment to the Oceanário de Lisboa mission, as can be seen by the supported projects and initiatives presented in the following chart: //2019 | 37
Education and conservation programmes
EDUCATION 2019 2018 2017 Educational activities at Oceanário de Lisboa 276.548 261.640 229.600 Free outdoor educational activities 452.787 513.440 504.514 Educating a Blue Generation 69.788 58.677 - Marine plasticology 205.851 74.193 67.226 Oceanário Shuttle Vaivém 63.776 85.833 70.867 MPA Algarve Educational Programme 9.741 - - Support for Nautical School Sports 59.929 68.454 33.700 Leaders for ocean sustainability 43.701 36.970 36.000 “If it doesn't go in the bin it goes in the sea" Campaign - 188.980 208.371 Support for Ocean Alive's "Mariscar sem lixo" campaign - - 25.000 TV series "Sea: the last frontier" - - 63.350 Other - 334 -
729.335 775.080 734.113
CONSERVATION Ocean Conservation Fund (1st Edition - 2017) "FindRayShark" Project - 24.500 24.500 "Shark Attract" Project - 13.500 13.500 "Island Shark" Project - 12.000 12.000 Ocean Conservation Fund (2nd Edition - 2018) "Eel Trek" Project 50.000 50.000 - "Whale Tales" Project 25.000 25.000 - Ocean Conservation Fund (3rd Edition - 2019) "Coach" Project 28.387 - - "Deepbaseline" Project 29.850 - - "Slip" Project 16.763 - - Sea turtle conservation de São Tomé 20.000 20.000 20.000 "Fly with Bull rays" Project 10.000 - 10.000 "Tunaprint" Project 9.980 - - "Unknown Seahorses" Project 9.851 - - “Save the Ria Formosa seahorses” campaign 5.427 75.026 4.242 ECOMARE’s Marine Animal Rehabilitation Centre - 100.000 100.000 Pilot project for sustainable fisheries - 94.500 69.500 Expansion of the Selvagens islands Marine Protected Area (Madeira) - 20.000 - Algarve Marine Area of Community Interest - - 20.000 "Manta Catalog Azores" Project - - 18.300 "Angel Shark" Project - 8.480 - "Rebreath" Project - 7.345 - Other 1.456 14.700 -
206.714 465.051 292.042
Other 67.645 24.759 0
EDUCATION AND CONSERVATION PROGRAMMES 1.003.694 1.264.890 1.026.156
amounts in euros 38 | //2019 Economic and financial analysis
Results
EBITDA NET INCOME thousand of euros thousand of euros
2,494 EBITDA MILHARES DE EUROS 4,587 2,033 3,752 3,847 1,879 6,766 6,255 3,243 5,920 5,444 1,519 1,481
1,953 2,836
2015 2015 20162016 20172017 20182018 20192019 2015 2016 2017 2018 2019
2019 2018 VALUE VARIATION VARIANCE %
INCOME
Sales 2.285 1.929 356 18%
Provision of services 16.751 16.415 336 2%
Other Income and Profits 315 317 -2 -1%
Interest and other income 27 27 0 -1%
EXPENSES
Cost of Goods Sold 839 662 177 27%
Supplies and External Services 8.675 8.942 -267 -3%
Staff Costs 3.186 2.714 472 17%
Depreciation and amortisation costs 2.408 2.168 240 11%
Other expenses and losses 395 422 -27 -6%
Expenses and Losses from Loans 1.196 1.314 -119 -9%
EARNINGS BEFORE TAXES 2.678 2.464 214 9%
thousand of euros //2019 | 39
Income
INCOME 2019 2018 VALUE VARIATION VARIANCE % Ticket office 16.249 15.928 321 2% Gift shop 2.285 1.929 356 18% Sponsorships 100 115 -15 -13% Rentals 301 257 44 17% Space leases 63 85 -22 -26% ACE 37 29 8 26% Other Services 1 0 1 1126%
SALES AND SERVICES RENDERED 19.035 18.344 691 4% Other Income and Profits 315 317 -2 -1% Interest and other income 27 27 0 -1%
TOTAL INCOME 19.376 18.688 689 2% thousand of euros
TICKET OFFICE SPONSORSHIPS + 321 THOUSAND EUROS (+ 2 %) In 2019, the recorded revenue relates to the annual sponsorship thousand of euros contract with Pingo Doce, in the amount of 100 thousand euros.
15,928 16,249 An additional revenue of 15 thousand euros was recorded in 14,903 256 265 13,165 2018 for the 235partnership with Jerónimo Martins,230 for the creation 11,313 of182 the Super Animals Album, which took place in 2017.
RENTALS This item includes the income from operating the food areas on 2015 2016 2017 2018 2019 2015 2016 2017 2018 2019 level 1 of the Mar building (Tagus restaurant) and level 0 of the GIFT SHOP SALES Support Building. After the restaurant on level 0 opened to the + 356 THOUSAND EUROS (+ 18 %) public in May 2018, it recorded a 46 thousand euro increase in It should be noted that, in the first five months of 2018, the gift revenue in 2019 (+ 40 %) compared to the previous year. milhares de euros shop operated in a temporary installation, due to the works that took place on level 0, explaining the reduction in sales during OTHER INCOME AND PROFITS this period. The most significant amount in this item are the gains obtained 340 339 from the financial investment in Telecabine Lisboa, which
288 272 registered a year-on-year decrease of 35 thousand euros (-13 %),
233 largely due to the reduction of the Oceanário de Lisboa stake in 218 210 210 207 196 194 Telecabine Lisboa, from 30 % to 25 %, following the increase in 186 164 154 equity from the sale of the remaining shares held by Sociedade 132 134 118 129 Francisco Manuel dos Santos in Waterventures, S.A. 112 106 87 75 56 53
JAN FEV MAR ABR MAI JUN JUL AGO SET OUT NOV DEZ
2019 2018 40 | //2019 Economic and financial analysis
Expenses
EXPENSES 2019 2018 VALUE VARIATION VARIANCE %
Cost of Goods Sold 839 662 177 27%
Supplies and External Services 8.675 8.942 -267 -3%
Staff Costs 3.186 2.714 472 17%
Depreciation and amortisation costs 2.408 2.168 240 11%
Other expenses and Losses 395 422 -27 -6%
Expenses and Losses from Loans 1.196 1.314 -119 -9%
TOTAL EXPENDITURES 16.699 16.224 475 3%
thousand of euros
COST OF GOODS SOLD STAFF COSTS increase of 177 thousand euro (+ 27 %) in line with the growth increase of EUR 472 000 (+17 %), which is essentially due to of gift shop sales. the increase in staff remuneration, due to the increase in the average number of employees and salary updates.
SUPPLIES AND EXTERNAL SERVICES
decrease of 267 thousand euros (- 3 %)
• Spending on electricity and heating/cooling:
1 393 thousand euros (+17 %)
• Spending on building and aquarium maintenance provided by Sieocean: 1 056 thousand euros. (+ 26 %)
• Spending on the gift shop, namely consulting and outsourcing: EUR 446 000
• Staff assignments by related entities (3 SFMS Group employees): EUR 234 000
• Expenses with the variable component of the rent paid to the State, resulting from the growth in ticket revenue: EUR 34 000 //2019 | 41
Investments
INVESTMENTS 2019 2018 2017
Temporary exhibition 1.089 1.099 0
General investments of the company 896 3.012 1.015
Engineering 877 761 642
Biology 50 55 41
Commercial 33 79 1
Education 25 65 36
Operations 17 4 11
TOTAL 2.986 5.075 1.746
thousand of euros
Among the investments made in 2019, we highlight the investment in the design and creation of a new temporary exhibition, to be installed in the lobby, which was inaugurated and opened to the public in January 2020, amounting to 2.2 million euros since the project phase.
MAJOR INVESTMENTS 2019
Temporary exhibition 1.089
Computer Equipment 220
Refurbishment of the Food Preparation Room and Cooling Chests 176
Expansion project study 160
CCTV camera replacement 158
Small engineering investments 142
Replacement of air conditioning piping 104
Replacement of the Centralised Management System 67
Lift Platform Acquisition 61
HVAC pipeline replacement - Quarantine 58
Lighting and Emergency Signage for the Oceanos Building 52
Small biology investments 50
Other Investments 650
TOTAL 2.986
thousand of euros 42 | //2019 Economic and financial analysis
Financial information
FINANCIAL SITUATION 2019 2018 VARIATION % ACTIVITY INDICATORS 2019 2018 VARIATION %
Net Assets 49.377 50.069 -1% No. Visitors* 1.407.183 1.438.744 -2%
Liabilities 40.290 41.010 -2% Ticket office 16.249 15.928 2%
Equity 9.087 9.060 0% Average ticket price* (EUR) 11,55 11,07 4%
No. of Participants in 214.052 158.137 35% Educational Activities* RESULTS 2019 2018 VARIATION % Revenues of Educational 600 608 -1% Operating income 19.350 18.661 4% Activities
Operating expenses 15.503 14.909 4% (thousands of euros, except *)
EBITDA 6.255 5.920 6%
EBIT 3.847 3.752 3%
Earnings Before Taxes 2.678 2.464 9%
Net Income 2.033 1.879 8%
Operating margin* (%) 20% 20% 0%
EBITDA Margin* (%) 32% 32% 1%
CAPEX 2.986 5.075 -41%
EBITDA minus CAPEX 3.268 845 287%
RESULTADOSRESULTADOS (thousands of euros, except *) MILHARESMILHARES DE EUROS DE EUROS
RESULTS thousand of euros
2,494 2,494
1,879 1,8792,033 2,033 1,493 1,4931,519 1,519 1,481 1,481 1,165 1,165
2013 2013 2014 2014 2015 2015 2016 2016 2017 2017 2018 2018 2019 2019 EBITDAEBITDA EBITDA2,192 2,1922,480 2,4802,836 2,8365,444 5,4446,766 6,7665,920 5,9206,255 6,255 EBITEBIT EBIT1,638 1,6381,955 1,9551,953 1,9533,243 3,2434,587 4,5873,752 3,7523,847 3,847 RAIEARNINGS BEFORERAI1,580 TAXES 1,5801,960 1,9601,931 1,9311,868 1,8683,334 3,3342,464 2,4642,678 2,678 RLNET INCOME RL1,165 1,1651,493 1,4931,519 1,5191,481 1,4812,494 2,4941,879 1,8792,033 2,033 //2019 | 43 // Proposed earnings distribution The Board of Directors proposes that the Net Earnings of the Oceanário de Lisboa accounts for 2019, amounting to EUR 2 032 802.43, be fully transferred to Retained Earnings.
// Prospects for 2020
2020 will be an uncertain year.
What was foreseen to be a year of growth, based on a stabilization of the tourists’ influx and a growth in national visitors, became a year of uncertainty due to the potential impacts of the Covid-19 virus, both in tourism and in the influx to public visitation spaces.
The attractiveness of a new exhibition such as “ONE”, the reduction in children’s ticket prices as soon as the VAT is reduced to 6 %, RESULTADOS MILHARES DE EUROS and the more aggressive commercial strategy focused on the tourist market, are the main tools used to combat this uncertainty.
Despite the uncertainties of the beginning of the year, we believe it will be possible to continue to guarantee, in 2020, the capacity to generate resources essential to the growth of activity for the conservation of the oceans.
2,494
1,879 2,033 1,493 1,519 1,481 1,165
2013 2014 2015 2016 2017 2018 2019 EBITDA 2,192 2,480 2,836 5,444 6,766 5,920 6,255 EBIT 1,638 1,955 1,953 3,243 4,587 3,752 3,847 RAI 1,580 1,960 1,931 1,868 3,334 2,464 2,678 RL 1,165 1,493 1,519 1,481 2,494 1,879 2,033 44 | //2019
// Acknowledgements
The Board of Directors would like to thank all those who supported and helped Oceanário de Lisboa to achieve its goals, specifically:
/ Oceanário de Lisboa’s employees – their dedication, efforts and commitment once again were the keys to our success;
/ Sociedade Francisco Manuel dos Santos for their trust and commitment to the institution’s values and mission;
/ The shareholder, Oceano Azul Foundation for representing a strengthened commitment to ocean conservation;
/ Portuguese Government, in particular to the Ministry of the Environment and Climate Action, to the Ministry of Finance and to the Ministry of the Sea, for the trust deposited;
/ The governing bodies for their cooperation and accessibility;
/ Oceanário de Lisboa’s official sponsor, Pingo Doce;
/ Oceanário’s franchisees and suppliers – without their cooperation it would have been hard to face the challenges;
And, finally, to all visitors, the “raison d’être” of Oceanário de Lisboa.
Lisboa, 2nd March 2020
The Board of Directors
José Soares dos Santos
João Falcato Pereira David Azevedo Lopes
Tiago Pitta e Cunha Pedro Curto Simões
Annual Report
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