EX-99.2 3 d248506dex992.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 September 30, 2016 and 2015

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

		September 30, 2016								September 30, 2015
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			2,885,782				432,146				3,005,080				450,010
Cost of goods sold			(2,255,034	)			(337,691	)			(2,418,247	)			(362,132	)
Gross profit			630,748				94,455				586,833				87,878
Other operating income/(expense)			12,389				1,855				(24,462	)			(3,663	)
Research and development costs			(161,436	)			(24,175	)			(132,320	)			(19,815	)
Selling, general and administrative costs			(320,618	)			(48,013	)			(355,900	)			(53,296	)
Operating profit			161,083				24,122				74,151				11,104
Finance costs			(18,532	)			(2,775	)			(30,903	)			(4,628	)
Share of profit/(loss) of associates			738				111				(6	)			(1	)
Share of loss of joint ventures			(1,005	)			(150	)			(5,922	)			(887	)
Profit before tax			142,284				21,308				37,320				5,588
Income tax expense			(29,881	)			(4,475	)			(18,982	)			(2,843	)
Profit for the period			112,403				16,833				18,338				2,745
Attributable to:
Equity holders of the parent			76,810				11,503				349				51
Non-controlling interests			35,593				5,330				17,989				2,694
			112,403				16,833				18,338				2,745
Net earnings per common share
Basic			1.89				0.28				0.01				0.0013
Diluted			1.89				0.28				0.01				0.0013
Unit sales			66,013								84,170

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CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS

For the nine months ended September 30, 2016 and 2015

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

		September 30, 2016								September 30, 2015
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			9,928,981				1,486,864				10,806,986				1,618,345
Cost of goods sold			(7,983,496	)			(1,195,528	)			(8,708,554	)			(1,304,105	)
Gross profit			1,945,485				291,336				2,098,432				314,240
Other operating income/(expense)			51,750				7,750				(6,461	)			(968	)
Research and development costs			(400,662	)			(59,999	)			(384,477	)			(57,575	)
Selling, general and administrative costs			(1,008,710	)			(151,054	)			(1,064,498	)			(159,408	)
Operating profit			587,863				88,033				642,996				96,289
Finance costs			(68,385	)			(10,241	)			(94,284	)			(14,119	)
Share of profit of associates			11				2				57				9
Share of loss of joint ventures			(5,856	)			(877	)			(19,252	)			(2,883	)
Profit before tax			513,633				76,917				529,517				79,296
Income tax expense			(108,837	)			(16,298	)			(119,089	)			(17,834	)
Profit for the period			404,796				60,619				410,428				61,462
Attributable to:
Equity holders of the parent			289,708				43,385				282,104				42,245
Non-controlling interests			115,088				17,234				128,324				19,217
			404,796				60,619				410,428				61,462
Net earnings per common share
Basic			7.28				1.09				7.32				1.10
Diluted			7.28				1.09				7.32				1.10
Unit sales			244,575								304,424

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

		As of September 30, 2016 (unaudited)								As of December 31, 2015 (audited)
		RMB’000				US$’000				RMB’000
Cash and bank balances			3,089,562				462,662				3,842,123
Trade and bills receivables			7,337,615				1,098,807				7,178,513
Inventories			1,552,462				232,481				1,711,330
Trade and bills payables			4,412,023				660,700				3,841,756
Short-term and long-term interest-bearing loans and borrowings			763,058				114,268				2,455,704
Equity attributable to equity holders of the parent			7,437,460				1,113,759				7,239,617

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