Independent News & Media plc announced audited consolidated and standalone earnings results for the year ended December 31, 2016. For the year, on consolidated basis, the company's revenue was EUR 323.4 million against EUR 321.2 million a year ago. Operating profit was EUR 52.2 million against EUR 32.8 million a year ago. Profit before taxation was EUR 55.2 million against EUR 31.2 million a year ago. Profit attributable to equity holders of the company was EUR 50.3 million against EUR 72.9 million a year ago. Earnings per diluted share were 3.6 cents per share against 5.2 cents per share a year ago. Cash generated by operating activities was EUR 27.7 million against EUR 34.9 million a year ago. Purchases of property, plant and equipment was EUR 2.3 million against EUR 1.9 million a year ago. Purchases of intangible assets was EUR 3.4 million compared to EUR 1.4 million a year ago. For the year, on standalone basis, the company's loss for the year was EUR 1.2 million against profit for the year of EUR 0.9 million a year ago. Net cash used in operating activities was EUR 2.0 million against net cash generated by operating activities of EUR 1.6 million a year ago.