Repsol

Organisation

Highlights

Consolidated financial data	2007	2008
Pperating income	5,808	5,083
Net profit	3,188	2,711
EBITDA	8,573	8,160
Operating revenues	55,923	60,975
Investment	5,373	5,586
Net debt	3,493	3,334
Number of employees	37,665	37,302

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Strategy

Upstream, Downstream and LNG make up the essential business of the company, with YPF defined as a strategic, operated company in which Repsol has a holding. Gas Natural is an independently managed company in which Repsol has a holding.

Integrated strategic businesses

DownstreamGNLUpstream

Strategic holdings

Operated

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Independent

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Team

Repsol is a great team and a diverse team, which is a key factor for attaining excellence in management and the fulfilment of its goals and strategies.

This diversity implicitly arises from the need to identify the most talented professionals and provide them with the necessary opportunities for them to reach their maximum potential.

The Repsol workforce is made up of 36,700 professionals spread across more than 30 countries and consists of more than 36 nationalities. 25% of staff are women and 75% men, 70% receive training courses over the year and 71% of vacancies are filled through internal mobility.

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Commitment

Social Commitment

For Repsol, care of the environment, good community relations, personal safety and respect for human rights are inherent to its business activities.

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Environmental Commitment

Committed to the environment, Repsol is responding to the challenge of sustainability through the application of the most advanced technology in research and development.

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Safety

Repsol is committed to carrying out its activities in a way that minimises negative impact on the environment and attains a high degree of safety in processes and installations.

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