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138	138	* Stock: The number of cars advertised on Auto Trader increased by 1% to 485,000 (2020: 478,000), this was boosted by the growth in new cars seen on Auto Trader due to growing take up on its new car product. Used car stock marginally declined in the year as the company saw stock levels reduce through the second quarter, with the overall number of cars available to retail decreasing as a result of high demand and tightened supply. Stock levels recovered through the second half, although not enough to offset the decline. The year-on-year decline in the number of used cars live on site contributed to the decline in the levels of paid retailer stock resulting in a £52 decline in the stock lever (2020: decline of £30).
139	139	* Product: The company's product lever contributed an increase of £89 (2020: £82) to total ARPR. Much of this product growth was a result of its annual pricing event underpinned by three products: an upgraded Performance Dashboard, Retail Check and a new Market Insight tool. There was also growth in its new car advertising product with over 2,000 paying retailers at the end of March 2021 (March 2020: over 1,000). The penetration of its higher yielding advanced and premium packages also increased to 26% of retailer stock (March 2020: 23%), as retailers continue to recognise the value of receiving greater prominence within its search listings and took advantage of the free advertising offered in December and February. The company also saw a small contribution from its new Market Extension product.
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142	142	Home Trader revenue declined by 24% to £6.3m (2020: £8.3m). Other revenue increased by £3.1m to £7.0m (2020: £3.9m) mainly through the acquisition of KeeResources and AutoConvert which contributed £3.7m (2020: £1.9m) and £1.1m (2020: £0.0m) to this revenue line respectively.
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199	199	Leverage, defined as the ratio of Net bank debt to EBITDA, decreased to zero (2020: 1.0x) as the company exit the year in a net cash position. Interest paid on these financing arrangements was £3.0m (2020: £6.4m).
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202	202	== Half Year 30 September 2021 Results ==
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204	204	11 November 2021; Auto Trader Group plc, the UK’s largest digital automotive marketplace, announces half year results for the six months ended 30 September 2021{{footnote}}https://plc.autotrader.co.uk/media/2363/half-year-financial-results-press-release-fy22-final.pdf{{/footnote}}