Revenue up 10%
(2015: £255.9 million)
Underlying operating profit up 19%
(2015: £144.1 million)
Reported operating profit up 27%
(2015: £133.1 million)
Basic earnings per share from operations
Operating cash flow up 30%
(2015: £135.8 million)
Reduction in net external debt to £392.6 million
(March 2015: £527.9 million)
Total dividend per share
(interim 0.5p plus final 1.0p)
Operating cash conversion
(March 2015: 3.4x)
Larger consumer audience compared to nearest competitor
Average Revenue per Retailer forecourt ('ARPR') per month up 10.5%
Number of retailer forecourts advertising on Auto Trader
Advert Views per month increased by 7.5%
(2015: 226 million)
Revenue from retailers and home traders advertising their vehicles and utilising Auto Trader's products.
(2015: £214.8 million)
Revenue from private sellers who can place an advert for a fee on the marketplace and from our partners who provide services to consumers.
(2015: £29.0 million)
Revenue from manufacturers or their advertising agencies who advertise their brand or services on the marketplace.
(2015: £12.1 million)
Even in a culture that welcomes change like Auto Trader's, this has been a truly landmark year.
The automotive marketplace is complex and often inefficient; Auto Trader's aim is to make it simple and more efficient.
Through our digital platforms and data we simplify and speed up the majority of the 10 million transactions to end users around the marketplace each year.
I am pleased to introduce our corporate governance report for 2016, which includes a review of the corporate governance arrangements in place, and reports from each of our Board Committees.