EX-99.2 3 d769814dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS

For the quarters ended June 30, 2014 and 2013

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

		June 30, 2014								June 30, 2013
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			4,212,298				684,615				4,207,482				683,832
Cost of goods sold			(3,395,460	)			(551,856	)			(3,396,703	)			(552,058	)
Gross profit			816,838				132,759				810,779				131,774
Other operating income			12,035				1,956				36,588				5,947
Research and development costs			(122,183	)			(19,858	)			(115,874	)			(18,833	)
Selling, distribution and administrative costs			(379,509	)			(61,681	)			(397,735	)			(64,643	)
Operating profit			327,181				53,176				333,758				54,245
Finance costs			(30,656	)			(4,982	)			(39,597	)			(6,436	)
Share of (loss)/profit of associates			(61	)			(10	)			112				18
Share of loss of joint ventures			(9,021	)			(1,466	)			(9,989	)			(1,623	)
Profit before tax			287,443				46,718				284,284				46,204
Income tax expense			(58,180	)			(9,456	)			(54,240	)			(8,815	)
Profit for the period			229,263				37,262				230,044				37,389
Attributable to:
Equity holders of the parent			165,361				26,876				166,280				27,026
Non-controlling interests			63,902				10,386				63,764				10,363
			229,263				37,262				230,044				37,389
Net earnings per common share			4.44				0.72				4.46				0.73
Unit sales			127,799								141,147

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS

For the six months ended June 30, 2014 and 2013

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

		June 30, 2014								June 30, 2013
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			8,763,058				1,424,239				8,011,034				1,302,014
Cost of goods sold			(7,157,867	)			(1,163,351	)			(6,463,099	)			(1,050,432	)
Gross profit			1,605,191				260,888				1,547,935				251,582
Other operating income			41,531				6,750				57,506				9,346
Research and development costs			(227,102	)			(36,910	)			(210,733	)			(34,250	)
Selling, distribution and administrative costs			(745,725	)			(121,201	)			(722,039	)			(117,351	)
Operating profit			673,895				109,527				672,669				109,327
Finance costs			(68,456	)			(11,126	)			(73,791	)			(11,993	)
Share of profit of associates			155				25				106				17
Share of loss of joint ventures			(24,191	)			(3,932	)			(25,747	)			(4,185	)
Profit before tax			581,403				94,494				573,237				93,166
Income tax expense			(114,361	)			(18,587	)			(110,646	)			(17,983	)
Profit for the period			467,042				75,907				462,591				75,183
Attributable to:
Equity holders of the parent			345,325				56,125				339,784				55,223
Non-controlling interests			121,717				19,782				122,807				19,960
			467,042				75,907				462,591				75,183
Net earnings per common share			9.27				1.51				9.12				1.48
Unit sales			279,708								271,891

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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, 2014								As of December 31, 2013 (audited)
		RMB’000				US$’000				RMB’000
Cash and bank balances			2,372,569				385,608				3,561,848
Trade and bills receivables			8,495,057				1,380,681				7,437,948
Inventories			2,189,499				355,854				2,334,052
Trade and bills payables			5,298,514				861,155				5,085,349
Short-term and long-term interest-bearing loans and borrowings			2,111,216				343,131				2,259,377
Equity attributable to equity holders of the parent			6,474,828				1,052,338				6,391,573

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