‹#›
XP Power
9
Cash Flow Statements
£ Millions
2009
2008
Cash provided by operating
activities
16.3
8.5
Capitalised development costs
(1.5)
(1.0)
Interest expense
(1.1)
(1.5)
Free cash flow
13.7
6.0
Opening net debt
(27.8)
(19.4)
Free cash flow
13.7
6.0
Acquisitions/deferred consideration
-
(1.0)
Purchase of property and
equipment
(1.7)
(3.5)
Sale/(purchase) of treasury shares
-
(0.2)
Dividends
(4.0)
(4.2)
Effects of currency translation on cash
1.1
(5.5)
Closing net debt
(18.7)
(27.8)
Net debt substantially reduced due to profitability and
inventory reduction