EX-99.2 3 d341070dex992.htm EXHIBIT 99.2

Exhibit 99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended December 31, 2016 and 2015

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

		Quarter ended on December 31, 2016								Quarter ended on December 31, 2015
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			3,735,859				538,541				2,926,451				421,861
Cost of goods sold			(2,717,159	)			(391,691	)			(2,234,311	)			(322,086	)
Gross profit			1,018,700				146,850				692,140				99,775
Other operating income			43,605				6,286				25,798				3,719
Research and development costs			(187,345	)			(27,007	)			(122,478	)			(17,656	)
Selling, general and administrative costs			(495,650	)			(71,450	)			(433,276	)			(62,459	)
Operating profit			379,310				54,679				162,184				23,379
Finance costs			(11,298	)			(1,629	)			(22,067	)			(3,181	)
Share of profit of associates			445				64				188				27
Share of profit of joint ventures			1,788				258				16,316				2,352
Profit before tax			370,245				53,372				156,621				22,577
Income tax expense			(51,433	)			(7,414	)			(57,729	)			(8,322	)
Profit for the period			318,812				45,958				98,892				14,255
Attributable to:
Equity holders of the parent			226,029				32,583				59,004				8,505
Non-controlling interests			92,783				13,375				39,888				5,750
			318,812				45,958				98,892				14,255
Net earnings per common share
Basic			5.55				0.80				1.50				0.22
Diluted			5.55				0.80				1.50				0.22
Unit sales			75,849								60,143

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CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the years ended December 31, 2016 and 2015

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

		December 31, 2016								December 31, 2015
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			13,664,840				1,969,849				13,733,437				1,979,737
Cost of goods sold			(10,700,655	)			(1,542,548	)			(10,942,865	)			(1,577,464	)
Gross profit			2,964,185				427,301				2,790,572				402,273
Other operating income			95,355				13,746				19,337				2,788
Research and development costs			(588,007	)			(84,764	)			(506,955	)			(73,080	)
Selling, general and administrative costs			(1,504,360	)			(216,860	)			(1,497,774	)			(215,911	)
Operating profit			967,173				139,423				805,180				116,070
Finance costs			(79,683	)			(11,487	)			(116,351	)			(16,773	)
Share of profit of associates			456				66				245				35
Share of loss of joint ventures			(4,068	)			(586	)			(2,936	)			(423	)
Profit before tax			883,878				127,416				686,138				98,909
Income tax expense			(160,270	)			(23,104	)			(176,818	)			(25,489	)
Profit for the year			723,608				104,312				509,320				73,420
Attributable to:
Equity holders of the parent			515,737				74,346				341,108				49,171
Non-controlling interests			207,871				29,966				168,212				24,249
			723,608				104,312				509,320				73,420
Net earnings per common share
Basic			12.89				1.86				8.81				1.28
Diluted			12.89				1.86				8.81				1.28
Unit sales			320,424								364,567

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED UNAUDITED CONSOLIDATED BALANCE SHEET ITEMS

For the years ended December 31, 2016 and 2015

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

		As of December 31, 2016 (Unaudited)								As of December 31, 2015 (Audited)
		RMB ’000				US$ ’000				RMB ’000
Cash and bank balances			4,052,957				584,252				3,842,123
Trade and bills receivables			7,059,179				1,017,613				7,178,513
Inventories			1,663,878				239,856				1,711,330
Trade and bills payables			4,666,950				672,762				3,841,756
Short-term and long-term interest bearing loans and borrowings			910,406				131,239				2,455,704
Equity attributable to equity holders of the parent			7,683,834				1,107,660				7,239,617

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