EX-99.2 3 c21028exv99w2.htm EXHIBIT 99.2

Exhibit 99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED
UNAUDITED CONSOLIDATED INCOME STATEMENTS
For the quarter ended June 30, 2011 and 2010
(RMB and US$ amounts expressed in thousands, except per share data)

		30 June 2011								30 June 2010
		RMB '000				US$ '000				RMB '000				US$ '000
Revenue, net			4,017,242				620,749				4,016,043				620,564
Cost of goods sold			3,246,139				501,598				3,120,913				482,248
Gross profit			771,103				119,151				895,130				138,316
Other income			(21,353	)			(3,300	)			(17,179	)			(2,655	)
Research & development costs			81,965				12,665				82,905				12,811
Selling, general and administrative expenses			420,245				64,937				498,258				76,991
Operating profit			290,246				44,849				331,146				51,169
Finance cost			27,976				4,323				37,569				5,805
Share of (profit)/loss of associates			(628	)			(97	)			245				38
Share of loss/(profit) of joint ventures			9,265				1,432				(163	)			(25	)
Profit before tax from continuing operations			253,633				39,191				293,495				45,351
Income tax expense			46,864				7,241				51,924				8,023
Profit for the period			206,769				31,950				241,571				37,328
Attributable to:
Owners of the Parent			155,130				23,971				179,096				27,674
Non-controlling interests			51,639				7,979				62,475				9,654
			206,769				31,950				241,571				37,328
Net earnings per common share			4.16				0.64				4.81				0.74

CHINA YUCHAI INTERNATIONAL LIMITED
UNAUDITED CONSOLIDATED INCOME STATEMENTS
For the six months ended June 30, 2011 and 2010
(RMB and US$ amounts expressed in thousands, except per share data)

		30 June 2011								30 June 2010
		RMB '000				US$ '000				RMB '000				US$ '000
Revenue, net			8,249,584				1,274,736				9,085,601				1,403,919
Cost of goods sold			6,534,337				1,009,694				7,165,303				1,107,192
Gross profit			1,715,247				265,042				1,920,298				296,727
Other income			(40,711	)			(6,291	)			(35,752	)			(5,524	)
Research & development costs			159,962				24,718				150,206				23,210
Selling, general and administrative expenses			877,278				135,558				1,006,004				155,449
Operating profit			718,718				111,057				799,840				123,592
Finance cost			75,342				11,642				76,560				11,830
Share of (profit)/loss of associates			(972	)			(150	)			197				30
Share of loss of joint ventures			27,021				4,175				7,617				1,177
Profit before tax from continuing operations			617,327				95,390				715,466				110,555
Income tax expense			109,057				16,851				116,561				18,011
Profit for the period			508,270				78,539				598,905				92,544
Attributable to:
Owners of the Parent			385,597				59,583				450,888				69,672
Non-controlling interests			122,673				18,956				148,017				22,872
			508,270				78,539				598,905				92,544
Net earnings per common share			10.35				1.60				12.10				1.87

CHINA YUCHAI INTERNATIONAL LIMITED
UNAUDITED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(RMB and US$ amounts are expressed in thousands)

		As of December
		31, 2010				As of June 30, 2011
		RMB '000				RMB '000				US$ '000
		(audited)				(unaudited)				(unaudited)
Cash and cash equivalents			4,060,990				2,926,329				452,180
Trade and bills receivable, net			4,234,475				7,365,757				1,138,166
Inventories, net			2,632,860				2,184,166				337,500
Other current assets			452,578				710,961				109,859
Current assets			11,380,903				13,187,213				2,037,705
Property, plant and equipment			3,276,302				3,355,090				518,433
Prepaid operating leases			407,468				393,295				60,772
Goodwill			212,636				212,636				32,857
Investment in associates and joint ventures			552,923				561,444				86,755
Other non-current assets			416,031				319,248				49,331
Non-current assets			4,865,360				4,841,713				748,148
Total assets			16,246,263				18,028,926				2,785,853
Trade and bills payable			5,699,334				6,411,589				990,727
Interest bearing loans and borrowings			423,543				1,211,561				187,212
Other current liabilities			2,769,730				3,018,673				466,449
Current liabilities			8,892,607				10,641,823				1,644,388
Interest bearing loans and borrowings			201,850				220,497				34,071
Deferred grants			269,736				312,511				48,290
Other non-current liabilities			96,143				78,172				12,079
Non-current liabilities			567,729				611,180				94,440
Total liabilities			9,460,336				11,253,003				1,738,828
Equity attributable to owners of the Parent			5,097,947				5,107,041				789,147
Non-controlling interests			1,687,980				1,668,882				257,878
Total equity			6,785,927				6,775,923				1,047,025
Total equity and liabilities			16,246,263				18,028,926				2,785,853

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