EX-99.2 3 u00326exv99w2.htm EX-99.2 UNAUDITED FINANCIAL STATEMENTS FOR FIRST QUARTER 2009

EX-99.2 Unaudited Financial Statements

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED
UNAUDITED CONSOLIDATED INCOME STATEMENTS
For the period ended March 31, 2009
(RMB and US$ amounts expressed in thousands, except per share data)

		For Quarter ended March 31, 2009
		RMB '000				USD '000
Revenues, net			2,924,081				427,754
Cost of goods sold			2,540,654				371,663
Gross profit			383,427				56,091
Research & development			56,102				8,207
Selling, general and administrative expenses			225,806				33,032
Gain on acquisition of Guangxi Yulin Hotel Company Ltd in settlement of past loan			(202,950	)			(29,689	)
Operating income			304,469				44,541
Interest expenses			17,032				2,492
Other income			(36,013	)			(5,268	)
Share of equity in losses of affiliates			2,148				314
Income before income taxes and minority interests			321,302				47,003
Income taxes			18,872				2,761
Income before minority interests			302,430				44,242
Minority interests			68,070				9,958
Net income			234,360				34,284
Net earnings per common share			6.29				0.92

CHINA YUCHAI INTERNATIONAL LIMITED
Selected Unaudited Consolidated Balance Sheet Items
(RMB and US$ amounts are expressed in thousands)

		As of
		December 31, 2008				As of March 31, 2009
		RMB '000				RMB '000				USD '000
Cash balances			693,436				1,740,393				254,596
Trade accounts receivable, net			2,537,681				2,832,215				414,315
Inventories, net			2,250,030				2,311,121				338,086
Investment in affiliated companies			392,386				388,370				56,813
Net current assets			1,027,660				1,433,599				209,716
Total assets			9,712,678				11,024,118				1,612,680
Trade accounts payable			2,612,928				3,882,060				567,893
Short-term and long-term borrowings			1,323,204				1,281,360				187,446
Shareholders’ equity and accumulated other comprehensive income			3,430,825				3,634,274				531,645

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