EX-99.2 3 d681940dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended December 31, 2013 and 2012

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

		December 31, 2013								December 31, 2012
		RMB				US$				RMB				US$
Revenue			4,064,460				666,644				3,264,361				535,413
Cost of goods sold			(3,213,031	)			(526,995	)			(2,459,453	)			(403,394	)
Gross profit			851,429				139,649				804,908				132,019
Other operating income			61,636				10,109				53,977				8,853
Research and development costs			(146,266	)			(23,990	)			(102,720	)			(16,848	)
Selling, distribution and administrative costs			(297,647	)			(48,819	)			(365,207	)			(59,900	)
Operating profit			469,152				76,949				390,958				64,124
Finance costs			(25,851	)			(4,240	)			(46,864	)			(7,687	)
Share of loss of associates			(49	)			(8	)			(216	)			(35	)
Share of loss of joint ventures			(46,344	)			(7,601	)			(8,068	)			(1,323	)
Profit before tax			396,908				65,100				335,810				55,079
Income tax expense			(74,323	)			(12,190	)			(34,595	)			(5,674	)
Profit for the period			322,585				52,910				301,215				49,405
Attributable to:
Equity holders of the parent			246,304				40,398				221,205				36,282
Non-controlling interests			76,281				12,512				80,010				13,123
			322,585				52,910				301,215				49,405
Net earnings per common share			6.61				1.08				5.94				0.97
Unit sales			110,583								92,996

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the years ended December 31, 2013 and 2012

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

		December 31, 2013 (Unaudited)								December 31, 2012 (Audited)
		RMB				US$				RMB				US$
Revenue			15,902,355				2,608,269				13,449,489				2,205,955
Cost of goods sold			(12,636,969	)			(2,072,688	)			(10,569,605	)			(1,733,603	)
Gross profit			3,265,386				535,581				2,879,884				472,352
Other operating income			148,052				24,283				132,350				21,708
Research and development costs			(468,612	)			(76,861	)			(373,732	)			(61,299	)
Selling, distribution and administrative costs			(1,550,228	)			(254,265	)			(1,475,038	)			(241,932	)
Operating profit			1,394,598				228,738				1,163,464				190,829
Finance costs			(161,210	)			(26,441	)			(213,019	)			(34,939	)
Share of profit of associates			159				26				2,372				389
Share of loss of joint ventures			(79,245	)			(12,998	)			(39,241	)			(6,436	)
Profit before tax			1,154,302				189,325				913,576				149,843
Income tax expense			(222,147	)			(36,436	)			(142,238	)			(23,330	)
Profit for the period			932,155				152,889				771,338				126,513
Attributable to:
Equity holders of the parent			692,606				113,599				567,333				93,053
Non-controlling interests			239,549				39,290				204,005				33,460
			932,155				152,889				771,338				126,513
Net earnings per common share			18.58				3.05				15.22				2.50
Unit sales			500,756								431,350

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

		As of December 31, 2013 (Unaudited)								As of December 31, 2012 (Audited)
		RMB				US$				RMB
Cash and bank balances			3,396,737				557,125				3,156,999
Trade and bills receivables			7,437,948				1,219,956				6,591,736
Inventories			2,334,054				382,826				2,010,755
Trade and bills payables			5,085,349				834,088				4,587,358
Short-term and long-term interest bearing loans and borrowings			2,259,433				370,587				2,450,695
Equity attributable to equity holders of the parent			6,391,570				1,048,331				5,901,913

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