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Net income for the year increased to R$577.1 million representing
a 40.2% increase from 1999. The net income amount includes
a gain of R$132 million from the sale of minority interests
in our satellite subsidiary, Star One. Excluding the benefit
of the gain from the partial sale of Star One, our net income
would have been R$444.9 million, an increase of 8.1% from
1999.
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