Year to 31 March 2016
£m
2015
£m
2014
£m
2013
£m
Revenue 281.6 255.9 237.7 218.9
Administrative expenses (112.0) (122.8) (139.0) (109.8)
Operating profit before share based payments, management incentive plans, exceptional items and impairment charges 171.3 144.1 126.2 116.1
Share-based payments (2.5) (3.7) - -
Management incentive plans - (1.9) (0.6) (0.6)
Exceptional items 0.8 (5.4) (11.1) (6.4)
Impairment charges - - (15.8) -
Operating profit 169.6 133.1 98.7 109.1
Finance costs - net (14.6) (122.2) (95.0) (86.3)
Profit before taxation 155.0 10.9 3.7 22.8
Taxation (28.3) (2.4) (6.5) (9.3)
Profit/(loss) for the year from continuing operations 126.7 8.5 (2.8) 13.5
         
Profit/(loss) for the year from discontinued operations - 1.9 13.3 6.8
         
Profit for the year attributable to equity holders of the parent 126.7 10.4 10.5 20.3
         
Operating profit before exceptional items, share based payments, management incentive plans and impairment 171.3 144.1 126.2 116.1
Capitalised development spend - - (4.9) (10.6)
Depreciation 2.8 2.5 2.2 1.8
Amortisation 7.8 10.0 12.6 13.4
Adjusted underlying EBITDA 181.9 156.6 136.1 120.7
Adjusted underlying EBITDA margin 65% 61% 57% 55%
         
Net assets attributable to equity owners of the parent (51.5) (176.1) (750.6) (760.0)
Net external debt 392.6 527.9 977.8 562.0
ARPR £1,384 £1,252 £1,181 £1,088
Retailer numbers (average pcm) 13,514 13,452 13,129 12,919