Notes

Slide Show

Outline

1	XP Power plc - 2006 Results
2	Profit and Loss Account
3	Profit and Loss Metrics (% of revenue)
4	Summary Balance Sheets
5	Cash Flow Statements
6	Five Year Financial History
7	Why re-domicile to Asia? Our supplier base is in Asia Our customers are moving there Our competitors manufacture there More competitive corporate tax cost Higher calibre and lower cost people
8	Regional Payroll Comparisons
9	Product Overview
10	Market Data
11	Competitors
12	Industry Segmentation
13	Product Split and Gross Margin Trend
14	Outlook Improving penetration of target accounts Higher gross margins from increasing sales of own product Lower operational costs resulting from move to Singapore