AutoNation 2007 Annual Report Download - page 29

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Table of Contents

We have presented below our operating results on a same store basis to reflect our internal performance. The “Same Store” amounts
presented below include the results of dealerships for the identical months in each period presented in the comparison, commencing with the first
full month in which the dealership was owned by us. For example, the results for a dealership acquired in February 2006 would be included
only in our same store comparison of 2007 to 2006, not in our same store comparison of 2006 to 2005. Results for a dealership that we
classified as a discontinued operation in October 2007 would be removed entirely from our same store comparison of 2007 to 2006. Therefore,
the amounts presented in the year 2006 column that is being compared to the year 2007 column may differ from the amounts presented in the
year 2006 column that is being compared to the year 2005 column.
 
 
 
       

Revenue:
New vehicle $ 10,107.7 $ 10,985.0 $ (877.3) (8.0) $ 11,050.5 $ 11,224.0 $ (173.5) (1.5)
Used vehicle 4,205.7 4,410.9 (205.2) (4.7) 4,472.1 4,312.3 159.8 3.7
Parts and service 2,563.9 2,532.5 31.4 1.2 2,572.7 2,508.5 64.2 2.6
Finance and insurance, net 596.5 624.6 (28.1) (4.5) 632.3 600.5 31.8 5.3
Other 25.1 27.8 (2.7) 27.6 28.2 (0.6)
Total revenue $17,498.9 $18,580.8 $ (1,081.9) (5.8) $18,755.2 $ 18,673.5 $ 81.7 0.4
Gross profit:
New vehicle $ 712.6 $ 805.2 $ (92.6) (11.5) $ 806.6 $ 816.7 $ (10.1) (1.2)
Used vehicle 355.2 398.2 (43.0) (10.8) 404.6 416.2 (11.6) (2.8)
Parts and service 1,116.4 1,111.7 4.7 0.4 1,126.8 1,099.9 26.9 2.4
Finance and insurance 596.5 624.6 (28.1) (4.5) 632.3 600.5 31.8 5.3
Other 25.7 24.5 1.2 25.5 27.1 (1.6)
Total gross profit $ 2,806.4 $ 2,964.2 $ (157.8) (5.3) $ 2,995.8 $ 2,960.4 $ 35.4 1.2
Retail vehicle unit sales:
New vehicle 327,372 362,895 (35,523) (9.8) 367,665 381,082 (13,417) (3.5)
Used vehicle 205,490 219,271 (13,781) (6.3) 224,980 228,528 (3,548) (1.6)
Total 532,862 582,166 (49,304) (8.5) 592,645 609,610 (16,965) (2.8)
Revenue per vehicle retailed:
New vehicle $ 30,875 $ 30,270 $ 605 2.0 $ 30,056 $ 29,453 $ 603 2.0
Used vehicle $ 16,387 $ 16,107 $ 280 1.7 $ 15,981 $ 15,262 $ 719 4.7
Gross profit per vehicle retailed:
New vehicle $ 2,177 $ 2,219 $ (42) (1.9) $ 2,194 $ 2,143 $ 51 2.4
Used vehicle $ 1,739 $ 1,827 $ (88) (4.8) $ 1,810 $ 1,820 $ (10) (0.5)
Finance and insurance $ 1,119 $ 1,073 $ 46 4.3 $ 1,067 $ 985 $ 82 8.3
27