EX-99.2 3 d578568dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended June 30, 2013 and 2012

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

		QTD June 30, 2013								QTD June 30, 2012
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue			4,251,865				688,149				3,426,332				554,539
Cost of goods sold			(3,396,703	)			(549,744	)			(2,752,259	)			(445,443	)
Gross profit			855,162				138,405				674,073				109,096
Other operating income			36,588				5,922				11,649				1,885
Research and development costs			(115,874	)			(18,754	)			(95,265	)			(15,418	)
Selling, distribution and administrative costs			(442,118	)			(71,555	)			(380,370	)			(61,561	)
Operating profit			333,758				54,018				210,087				34,002
Finance costs			(39,597	)			(6,409	)			(62,152	)			(10,059	)
Share of profit of associates			112				18				910				147
Share of loss of joint ventures			(9,989	)			(1,617	)			(6,183	)			(1,001	)
Profit before tax			284,284				46,010				142,662				23,089
Income tax expense			(54,240	)			(8,779	)			(34,200	)			(5,535	)
Profit for the period			230,044				37,231				108,462				17,554
Attributable to:
Equity holders of the parent			166,280				26,912				67,121				10,863
Non-controlling interests			63,764				10,319				41,341				6,691
			230,044				37,231				108,462				17,554
Net earnings per common share			4.46				0.72				1.80				0.29
Unit sales			141,147								109,329

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CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the six months ended June 30, 2013 and 2012

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

		YTD June 30, 2013								YTD June 30, 2012
		RMB ‘000				US$ ‘000				RMB ‘000				US$ ‘000
Revenue			8,095,545				1,310,234				7,108,309				1,150,454
Cost of goods sold			(6,463,099	)			(1,046,029	)			(5,654,826	)			(915,213	)
Gross profit			1,632,446				264,205				1,453,483				235,241
Other operating income			57,506				9,307				37,660				6,095
Research and development costs			(210,733	)			(34,106	)			(177,153	)			(28,672	)
Selling, distribution and administrative costs			(806,550	)			(130,537	)			(756,725	)			(122,473	)
Operating profit			672,669				108,869				557,265				90,191
Finance costs			(73,791	)			(11,943	)			(137,504	)			(22,255	)
Share of profit of associates			106				17				1,940				314
Share of loss of joint ventures			(25,747	)			(4,167	)			(22,882	)			(3,703	)
Profit before tax			573,237				92,776				398,819				64,547
Income tax expense			(110,646	)			(17,908	)			(74,453	)			(12,050	)
Profit for the period			462,591				74,868				324,366				52,497
Attributable to:
Equity holders of the parent			339,784				54,992				235,004				38,034
Non-controlling interests			122,807				19,876				89,362				14,463
			462,591				74,868				324,366				52,497
Net earnings per common share			9.12				1.48				6.31				1.02
Unit sales			271,891								241,026

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

		As of June 30, 2013								As of December  31, 2012
		RMB ‘000				US$ ‘000				RMB ‘000
Cash and bank balances			3,981,040				644,317				3,156,999
Trade and bills receivables			6,921,148				1,120,162				6,591,736
Inventories			1,981,983				320,777				2,010,755
Current assets			13,492,778				2,183,757				12,480,452
Total assets			18,946,668				3,066,449				17,923,673
Trade and bills payables			5,040,649				815,811				4,587,358
Short-term and long-term interest bearing loans and borrowings			2,562,600				414,747				2,450,695
Equity attributable to equity holders of the parent			6,062,641				981,216				5,901,913

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