‹#›
XP Power
7
Income and Expenditure Statement
2009
2008
£ Millions
%
£ Millions
%
Revenue
67.3
100%
69.3
100.0%
Gross margin
30.3
45.0%
30.6
44.2%
Research and Development (net)
(2.6)
(3.8%)
(2.9)
(4.2%)
Operating expenses
(17.8)
(26.4%)
(18.1)
(26.1%)
Amortisation relating to acquisitions
(0.3)
(0.4%)
(0.3)
(0.4%)
Operating
profit
9.6
14.2%
9.3
13.4%
Exceptional non cash FX gain
-
-
2.4
3.5%
Finance cost
(1.2)
(1.8%)
(1.5)
(2.2%)
Profit
before tax
8.4
12.5%
10.2
14.7%
Tax
(0.8)
(1.2%)
(1.2)
(1.7%)
Profit
after tax
7.6
11.3%
9.0
13.0%
Profit
before tax (excluding amortisation and FX gain)
8.7
12.9%
8.0
11.5%
Adjusted
diluted earnings per share
40.8p
34.8p
