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Privatisation can be achieved by the sale of shares to the general public (public offers, PO) or by the direct sale to a private company (private sales, PS). The diagram shows privatisation transactions and revenue for the European Union between 1981 and 2012.

What can be concluded from the diagram?  

1 ) 

Any increase in the number of privatisations resulted in an increase in privatisation revenue. 

2 ) 

The average revenue per privatisation was highest in 2000. 

3 ) 

The main revenue from privatisation changed from public offers to private sales. 

4 ) 

The number of privatisations and revenue raised peaked in the same year. 

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