‹#›
XP Power
21
Cash Flow Statements
£ Millions
2008
2007
Cash provided by operating activities
8.5
6.9
Capitalised development costs
(1.0)
(1.0)
Interest expense
(1.5)
(1.5)
Free cash flow
6.0
4.4
Opening net debt
(19.4)
(17.8)
Free cash flow
6.0
4.4
Acquisitions/deferred consideration
(1.0)
(1.8)
Purchase of property and
equipment
(3.5)
(0.9)
Sale/(purchase) of treasury shares
(0.2)
0.1
Dividends
(4.2)
(3.6)
Effects of currency translation on cash
(5.5)
0.2
Closing net debt
(27.8)
(19.4)
Debt facilities converted to one US$36 term loan running to
September 2011