‹#›
XP Power
19
Income and Expenditure Statement
2008
2007
£ M
%
£ M
%
Revenue
69.3
100%
66.3
100.0%
Gross margin
30.6
44.2%
28.0
42.2%
Research and Development (net)
(2.9)
(4.2%)
(1.8)
(2.7%)
Operating expenses
(18.1)
(26.1%)
(16.8)
(25.3%)
Reorganisation costs
-
-
(2.4)
(3.6%)
Amortisation
(0.3)
(0.4%)
(0.3)
(0.5%)
Operating profit
9.3
13.4%
6.7
10.1%
Non cash FX gain
2.4
3.5%
-
-
Finance cost
(1.5)
(2.1%)
(1.7)
(2.6%)
Profit before tax
10.2
14.7%
5.0
7.5%
Tax
(1.2)
(1.7%)
(1.4)
(2.1%)
Profit after tax
9.0
13.0%
3.6
5.4%
Diluted earnings per share
46.5p
17.8p
Adjusted diluted earnings per share
34.8p
31.4p