Results and financial reports

Summary of financial and other performance measures

Selected financial and other data for the last three years is shown below.

2009

2008

2007

Revenue (£'m)

292.1

259.5

225.2

Operating profit before share based payments and strategic review costs (£'m)

41.5

33.3

27.2

Adjusted EBITDA1 (£'m)

49.5

40.6

33.2

Net cash generated from operating activities (£'m)

45.5

28.5

28.6

Annual Renewal Rate2

77.5%

77.3%

77.6%

Live Policies (millions)

10.0

9.5

9.2

1Operating profit before share based payments, strategic review costs, depreciation and software amortisation

2The net amount of annual policies remaining on book 45 calendar days after the scheduled renewal date as a proportion of those remaining from 45 calendar days after acquisition/ previous year renewal.