EX-99.2 3 d818987dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended September 30, 2014 and 2013

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

		September 30, 2014								September 30, 2013
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			3,752,189				609,864				3,701,224				601,580
Cost of goods sold			(3,036,483	)			(493,536	)			(2,960,839	)			(481,242	)
Gross profit			715,706				116,328				740,385				120,338
Other operating income			39,575				6,432				28,910				4,699
Research and development costs			(134,939	)			(21,932	)			(111,613	)			(18,141	)
Selling, distribution and administrative costs			(392,726	)			(63,832	)			(404,905	)			(65,811	)
Operating profit			227,616				36,996				252,777				41,085
Finance costs			(51,729	)			(8,408	)			(61,568	)			(10,007	)
Share of (loss) / profit of associates			(3	)			—				102				17
Share of loss of joint ventures			(2,929	)			(476	)			(7,154	)			(1,163	)
Gains arising from acquisitions			95,192				15,472				—				—
Profit before tax			268,147				43,584				184,157				29,932
Income tax expense			(38,068	)			(6,187	)			(37,178	)			(6,043	)
Profit for the period			230,079				37,397				146,979				23,889
Attributable to:
Equity holders of the parent			143,785				23,370				106,518				17,313
Non-controlling interests			86,294				14,027				40,461				6,576
			230,079				37,397				146,979				23,889
Net earnings per common share:
Basic			3.77				0.61				2.86				0.46
Diluted			3.77				0.61				2.86				0.46
Unit sales			111,023								118,282

Page 1

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the nine months ended September 30, 2014 and 2013

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

		September 30, 2014								September 30, 2013
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			12,515,247				2,034,173				11,712,258				1,903,658
Cost of goods sold			(10,194,350	)			(1,656,944	)			(9,423,938	)			(1,531,725	)
Gross profit			2,320,897				377,229				2,288,320				371,933
Other operating income			81,106				13,183				86,416				14,046
Research and development costs			(362,041	)			(58,845	)			(322,346	)			(52,393	)
Selling, distribution and administrative costs			(1,138,451	)			(185,039	)			(1,126,944	)			(183,168	)
Operating profit			901,511				146,528				925,446				150,418
Finance costs			(120,185	)			(19,534	)			(135,359	)			(22,001	)
Share of profit of associates			152				25				208				34
Share of loss of joint ventures			(27,120	)			(4,408	)			(32,901	)			(5,348	)
Gains arising from acquisitions			95,192				15,472				—				—
Profit before tax			849,550				138,083				757,394				123,103
Income tax expense			(152,429	)			(24,775	)			(147,824	)			(24,027	)
Profit for the period			697,121				113,308				609,570				99,076
Attributable to:
Equity holders of the parent			489,110				79,499				446,302				72,539
Non-controlling interests			208,011				33,809				163,268				26,537
			697,121				113,308				609,570				99,076
Net earnings per common share:
Basic			13.02				2.12				11.98				1.95
Diluted			13.02				2.12				11.98				1.95
Unit sales			390,731								390,173

Page 2

CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

		As of September 30, 2014 (Unaudited)								As of December 31, 2013 (Audited)
		RMB ’000				US$ ’000				RMB ’000
Cash and bank balances			2,875,073				467,302				3,561,848
Trade and bills receivables			8,578,240				1,394,269				7,437,948
Inventories			2,099,920				341,312				2,334,052
Trade and bills payables			4,907,361				797,621				5,085,349
Short-term and long-term interest bearing loans and borrowings			2,692,952				437,700				2,259,377
Equity attributable to equity holders of the parent			6,736,958				1,094,995				6,391,573

# # #

Page 3