EX-99.2 3 d491285dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended December 31, 2012 and 2011

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

		QTD December 31, 2012								QTD December 31, 2011
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue			3,264,361				519,348				3,746,590				596,069
Cost of goods sold			(2,459,453	)			(391,290	)			(2,710,554	)			(431,239	)
Gross profit			804,908				128,058				1,036,036				164,830
Other operating income			45,277				7,203				58,294				9,274
Research and development costs			(102,720	)			(16,342	)			(84,720	)			(13,479	)
Selling, distribution and administrative costs			(365,210	)			(58,104	)			(360,178	)			(57,303	)
Operating profit			382,255				60,815				649,432				103,322
Finance costs			(46,863	)			(7,456	)			(56,025	)			(8,913	)
Share of (loss)/profit of associates			(216	)			(34	)			194				31
Share of loss of joint ventures			(8,068	)			(1,284	)			(44,214	)			(7,034	)
Profit before tax from continuing operations			327,108				52,041				549,387				87,406
Income tax expense			(32,316	)			(5,141	)			(86,267	)			(13,725	)
Profit for the period from continuing operations			294,792				46,900				463,120				73,681
Discontinued operations			—				—				483				77
Profit for the period			294,792				46,900				463,603				73,758
Attributable to:
Owners of the parent			217,817				34,654				369,294				58,754
Non-controlling interests			76,975				12,246				94,309				15,004
			294,792				46,900				463,603				73,758
Net earnings per common share			5.84				0.93				9.91				1.58
Unit sales			92,996								104,352

Page 1

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the years ended December 31, 2012 and 2011

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

		YTD December 31, 2012								YTD December 31, 2011
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue			13,449,489				2,139,764				15,444,428				2,457,152
Cost of goods sold			(10,569,605	)			(1,681,585	)			(12,002,149	)			(1,909,498	)
Gross profit			2,879,884				458,179				3,442,279				547,654
Other operating income			123,650				19,672				73,078				11,626
Research and development costs			(373,732	)			(59,459	)			(328,140	)			(52,206	)
Selling, distribution and administrative costs			(1,475,041	)			(234,674	)			(1,652,129	)			(262,848	)
Operating profit			1,154,761				183,718				1,535,088				244,226
Finance costs			(213,018	)			(33,890	)			(156,174	)			(24,847	)
Share of profit of associates			2,372				377				1,519				242
Share of loss of joint ventures			(39,241	)			(6,243	)			(81,151	)			(12,911	)
Profit before tax from continuing operations			904,874				143,962				1,299,282				206,710
Income tax expense			(139,959	)			(22,267	)			(226,780	)			(36,080	)
Profit for the period			764,915				121,695				1,072,502				170,630
Attributable to:
Owners of the parent			563,945				89,721				818,532				130,224
Non-controlling interests			200,970				31,974				253,970				40,406
			764,915				121,695				1,072,502				170,630
Net earnings per common share			15.13				2.41				21.96				3.49
Unit sales			431,350								510,777

Page 2

CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

		As of December 31, 2012								As of December 31, 2011
		RMB ‘000				US$ ‘000				RMB ‘000
Cash and bank balances			3,156,999				502,267				4,124,776
Trade and bills receivable			6,577,995				1,046,535				6,690,917
Inventories			2,010,755				319,904				2,416,056
Trade and bills payable			4,580,895				728,804				4,813,009
Short-term and long-term interest-bearing loans and borrowings			2,450,694				389,896				3,696,731
Equity attributable to owners of the parent			5,898,530				938,434				5,542,203

Page 3