EX-99.2 3 d393664dex992.htm UNAUDITED FINANCIAL STATEMENTS

Unaudited Financial Statements

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarter ended June 30, 2012 and 2011

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

		QTD June 30, 2012								QTD June 30, 2011
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue			3,426,332				541,721				4,017,242				635,147
Cost of goods sold			(2,752,259	)			(435,147	)			(3,246,139	)			(513,232	)
Gross profit			674,073				106,574				771,103				121,915
Other operating income			11,649				1,842				21,353				3,376
Research and development costs			(95,265	)			(15,062	)			(81,965	)			(12,959	)
Selling, distribution and administrative costs			(380,370	)			(60,139	)			(420,245	)			(66,443	)
Operating profit			210,087				33,215				290,246				45,889
Finance costs			(62,152	)			(9,827	)			(27,976	)			(4,423	)
Share of profit of associates			910				144				628				99
Share of loss of joint ventures			(6,183	)			(978	)			(9,265	)			(1,465	)
Profit before tax from continuing operations			142,662				22,554				253,633				40,100
Income tax expense			(34,200	)			(5,407	)			(46,864	)			(7,409	)
Profit for the period			108,462				17,147				206,769				32,691
Attributable to:
Owners of the parent			67,121				10,612				155,130				24,527
Non-controlling interests			41,341				6,535				51,639				8,164
			108,462				17,147				206,769				32,691
Net earnings per common share			1.80				0.28				4.16				0.66
Unit sales			109,329								139,236

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CHINA YUCHAI INTERNATIONAL LIMITED

UNAUTIED CONSOLIDATED INCOME STATEMENTS

For the six months ended June 30, 2012 and 2011

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

		YTD June 30, 2012								YTD June 30, 2011
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue			7,108,309				1,123,861				8,249,584				1,304,303
Cost of goods sold			(5,654,826	)			(894,058	)			(6,534,337	)			(1,033,113	)
Gross profit			1,453,483				229,803				1,715,247				271,190
Other operating income			37,660				5,954				40,711				6,437
Research and development costs			(177,153	)			(28,009	)			(159,962	)			(25,291	)
Selling, distribution and administrative costs			(756,725	)			(119,642	)			(877,278	)			(138,702	)
Operating profit			557,265				88,106				718,718				113,634
Finance costs			(137,504	)			(21,740	)			(75,342	)			(11,912	)
Share of profit of associates			1,940				307				972				154
Share of loss of joint ventures			(22,882	)			(3,618	)			(27,021	)			(4,272	)
Profit before tax from continuing operations			398,819				63,055				617,327				97,604
Income tax expense			(74,453	)			(11,771	)			(109,057	)			(17,242	)
Profit for the period			324,366				51,284				508,270				80,362
Attributable to:
Owners of the parent			235,004				37,155				385,597				60,967
Non-controlling interests			89,362				14,129				122,673				19,395
			324,366				51,284				508,270				80,362
Net earnings per common share			6.31				1.00				10.35				1.64
Unit sales			241,026								300,067

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

As of June 30, 2012 and December 31, 2011

(RMB and US$ amounts expressed in thousands)

		As of June 30, 2012								As of December 31, 2011 RMB ‘000
		RMB ‘000				US$ ‘000
Cash and cash equivalents			5,896,841				932,322				4,124,776
Trade and bills receivable			4,854,560				767,532				6,690,917
Inventories			1,971,068				311,636				2,416,056
Current assets			13,307,561				2,103,995				13,906,195
Total assets			18,524,254				2,928,782				19,151,019
Trade and bills payable			4,890,372				773,194				4,813,009
Short-term and long-term interest-bearing loans and borrowings			2,972,361				469,946				3,696,731
Equity attributable to owners of the parent			5,566,891				880,155				5,542,203

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