‹#›
XP Power
3
Income and Expenditure Statement
2007
2006
£ M
%
£ M
%
Revenue
66.3
100%
78.7
100.0%
Gross margin
28.0
42.2%
29.2
37.1%
Development cost (gross)
2.7
4.1%
2.6
3.3%
Capitalised development
(0.9)
(1.4%)
(0.7)
(0.9)%
Development cost (net)
1.8
2.7%
1.9
2.4%
Operating expenses
16.8
25.3%
16.7
21.2%
Reorganisation costs
2.4
3.6%
1.0
1.3%
Amortisation
0.3
0.5%
0.3
0.4%
Operating profit
6.7
10.1%
9.3
11.8%
Profit before tax
5.0
7.5%
8.0
10.2%
Pre tax clean (1)
7.7
11.6%
9.3
11.8%
Adjusted diluted earnings per share (2)
31.4p
32.8p
(1) Pre tax clean = Profit before tax plus reorganisation costs and
amortisation of goodwill
(2) Adjusted for reorganisation costs and amortisation (2006: restated
by 4.2p for payments to minorities)