XP Power Annual Report and Financial Statements 2009
XP Power is a leading
international provider of
essential power control
solutions. Power direct
from the electricity grid is
unsuitable for the equipment
which it supplies. XP Power
designs and manufactures
power converters which
convert power into the
right form for our individual
customer's needs, allowing
their electronic equipment
to function. XP Power
supplies the healthcare,
industrial and technology
industries with this
mission critical equipment.
Significant, long term
investment into research and
development means that XP
Power's products frequently
offer significantly improved
functionality and efficiency.
XP Mission
Inspiring our people to be The Experts in Power
delivering genuine value to our customers
RevIew
Financial and Operational Highlights 01
Market 02
Products 04
Reliability - Manufacturing 06
Protecting the environment 08
Chairman's Statement 10
Chief executive's Review 12
Key Performance Indicators 16
Risk Management 17
Financial Review 18
GOveRnanCe
The Board of Directors 20
Directors' Report 22
Corporate Governance Report 23
Directors' Remuneration Report 25
Statement by Directors 29
FInanCIal STaTeMenTS
Independent auditor's Report 30
Consolidated Statement of
Comprehensive Income 31
Consolidated Balance Sheet 32
Consolidated Statement of
Changes in equity 33
Consolidated Statement of Cash Flows 34
notes to the Consolidated Financial
Statements 35
Company Balance Sheet 67
notes to the Company Balance Sheet 68
InFORMaTIOn
Five Year Review 76
advisors 77
