AutoNation 2006 Annual Report Download - page 24
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Table of Contents
Revenue:
New vehicle $ 11,163.0 $11,224.0 $ (61.0) (.5) $11,258.0 $ (34.0) (.3)
Used vehicle 4,518.1 4,315.0 203.1 4.7 4,102.6 212.4 5.2
Parts and service 2,600.4 2,508.5 91.9 3.7 2,366.9 141.6 6.0
Finance and insurance, net 634.3 601.0 33.3 5.5 590.8 10.2 1.7
Other 72.8 81.0 (8.2) 82.2 (1.2)
Total revenue $18,988.6 $18,729.5 $ 259.1 1.4 $18,400.5 $ 329.0 1.8
Gross profit:
New vehicle $ 817.2 $ 816.7 $ .5 .1 $ 809.3 $ 7.4 .9
Used vehicle 409.1 418.8 (9.7) (2.3) 384.1 34.7 9.0
Parts and service 1,141.4 1,100.0 41.4 3.8 1,036.7 63.3 6.1
Finance and insurance 634.3 601.0 33.3 5.5 590.8 10.2 1.7
Other 42.4 47.6 (5.2) 46.6 1.0
Total gross profit 3,044.4 2,984.1 60.3 2.0 2,867.5 116.6 4.1
Selling, general & administrative expenses 2,165.0 2,100.9 (64.1) (3.1) 2,029.8 (71.1) (3.5)
Depreciation and amortization 82.9 78.4 (4.5) 79.2 .8
Other expenses (income), net (.1) .8 .9 4.0 3.2
Operating income 796.6 804.0 (7.4) (.9) 754.5 49.5 6.6
Floorplan interest expense (142.0) (105.5) (36.5) (74.7) (30.8)
Other interest expense (90.9) (63.3) (27.6) (76.3) 13.0
Other interest expense — senior note repurchases (34.5) (17.4) (17.1) (.6) (16.8)
Interest income 8.3 7.5 .8 3.5 4.0
Other gains (losses), net 4.6 (.1) 4.7 (5.1) 5.0
Income from continuing operations before income
taxes $ 542.1 $ 625.2 $ (83.1) (13.3) $ 601.3 $ 23.9 4.0
Retail vehicle unit sales:
New vehicle 369,567 381,082 (11,515) (3.0) 388,297 (7,215) (1.9)
Used vehicle 225,609 228,528 (2,919) (1.3) 226,271 2,257 1.0
595,176 609,610 (14,434) (2.4) 614,568 (4,958) (.8)
Revenue per vehicle retailed:
New vehicle $ 30,206 $ 29,453 $ 753 2.6 $ 28,993 $ 460 1.6
Used vehicle $ 16,051 $ 15,262 $ 789 5.2 $ 14,755 $ 507 3.4
Gross profit per vehicle retailed:
New vehicle $ 2,211 $ 2,143 $ 68 3.2 $ 2,084 $ 59 2.8
Used vehicle $ 1,816 $ 1,820 $ (4) (.2) $ 1,689 $ 131 7.8
Finance and insurance $ 1,066 $ 986 $ 80 8.1 $ 961 $ 25 2.6
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