Abstract: A high frequency, transformer capable of operating at high power levels is disclosed. Conductive ribbons including end (terminal) sections which permit the terminal leads of a plurality of windings to be extended from the windings in an overlapping relationship and in the selected order is utilized for the windings. Preferably, the core is formed of a material having low eddy current losses and characteristics permitting the core to be molded such that the windings are substantially surrounded by the core with the exception of small openings through which the leads extend.