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The following table shows the revenue and expenses in millions of Euros (European currency) associated with REPSOL YPF company’s oil and gas producing activities in operations in different parts of the world for 1998-2000.

Question 70

How many operations registered a sustained yearly increase in income before taxes and charges from 1998 to 2000?

Solution

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There are 4 such operations - North Africa & Middle East, Argentina, Rest of Latin America and Far East - that registered a sustained yearly increase in income before taxes and charges from 1998 to 2000.

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