EX-99.2 3 d306628dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended December 31, 2011 and 2010

(RMB and US$ amounts expressed in thousands, except per share data)

			September 30,				September 30,				September 30,				September 30,
		December 31, 2011								December 31, 2010
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue, net			3,746,591				594,612				3,787,478				601,101
Cost of goods sold			(2,710,554	)			(430,185	)			(2,468,787	)			(391,815	)
Gross profit			1,036,037				164,427				1,318,691				209,286
Other income			41,942				6,657				15,333				2,433
Research & development costs			(84,720	)			(13,446	)			(78,212	)			(12,413	)
Selling, general and administrative expenses			(356,853	)			(56,635	)			(461,916	)			(73,310	)
Operating profit			636,406				101,003				793,896				125,996
Finance cost			(56,024	)			(8,891	)			(32,875	)			(5,218	)
Share of profit/(loss) of associates			193				31				(182	)			(29	)
Share of loss of joint ventures			(44,213	)			(7,017	)			(47,389	)			(7,521	)
Profit before tax from continuing operations			536,362				85,126				713,450				113,228
Income tax expense			(84,106	)			(13,348	)			(159,944	)			(25,384	)
Profit for the period from continuing operations			452,256				71,778				553,506				87,844
Discontinued operations			(15,333	)			(2,433	)			11,630				1,846
Profit for the period			436,923				69,345				565,136				89,690
Attributable to:
Owners of the Parent			342,552				54,366				448,925				71,246
Non-controlling interests			94,371				14,979				116,211				18,444
			436,923				69,345				565,136				89,690
Net earnings per common share			9.19				1.46				12.05				1.91
Unit sales			104,352								115,460

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the years ended December 31, 2011 and 2010

(RMB and US$ amounts expressed in thousands, except per share data)

			September 30,				September 30,				September 30,				September 30,
		December 31, 2011								December 31, 2010
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue, net			15,444,429				2,451,147				16,205,570				2,571,945
Cost of goods sold			(12,002,149	)			(1,904,831	)			(12,197,258	)			(1,935,796	)
Gross profit			3,442,280				546,316				4,008,312				636,149
Other income			56,726				9,003				87,618				13,906
Research & development costs			(328,140	)			(52,078	)			(324,123	)			(51,441	)
Selling, general and administrative expenses			(1,648,804	)			(261,678	)			(1,823,373	)			(289,383	)
Operating profit			1,522,062				241,563				1,948,434				309,231
Finance cost			(156,173	)			(24,786	)			(130,446	)			(20,703	)
Share of profit/(loss) of associates			1,518				241				(121	)			(19	)
Share of loss of joint ventures			(81,150	)			(12,879	)			(53,902	)			(8,555	)
Profit before tax from continuing operations			1,286,257				204,139				1,763,965				279,954
Income tax expense			(224,619	)			(35,649	)			(327,862	)			(52,034	)
Profit for the period from continuing operations			1,061,638				168,490				1,436,103				227,920
Discontinued operations			(15,816	)			(2,510	)			13,809				2,192
Profit for the period			1,045,822				165,980				1,449,912				230,112
Attributable to:
Owners of the Parent			791,790				125,663				1,117,297				177,324
Non-controlling interests			254,032				40,317				332,615				52,788
			1,045,822				165,980				1,449,912				230,112
Net earnings per common share			21.25				3.37				29.98				4.76
Unit sales			510,777								551,592

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

			September 30,				September 30,				September 30,
		As of December 31, 2011								As of December 31, 2010
		RMB ‘000				US$ ‘000				RMB ‘000
Cash and cash equivalents			4,124,776				654,633				4,060,990
Trade and bills receivable, net			6,707,617				1,064,549				4,234,475
Inventories, net			2,416,056				383,446				2,632,860
Current assets			13,906,195				2,207,017				11,380,903
Total assets			19,193,102				3,046,089				16,246,263
Trade and bills payable			4,813,009				763,861				5,699,334
Short-term and long-term interest bearing loans and borrowings			3,696,731				586,699				625,393
Equity attributable to owners of the Parent			5,529,880				877,633				5,097,947

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