EX-99.2 3 d437419dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended June 30, 2017 and 2016

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

		June 30, 2017								June 30, 2016
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			4,093,351				604,239				3,663,030				540,717
Cost of goods sold			(3,340,670	)			(493,131	)			(2,952,611	)			(435,848	)
Gross profit			752,681				111,108				710,419				104,869
Other operating income			48,588				7,172				16,107				2,378
Research and development costs			(113,041	)			(16,686	)			(139,610	)			(20,608	)
Selling, general and administrative costs			(446,597	)			(65,925	)			(343,945	)			(50,773	)
Operating profit			241,631				35,669				242,971				35,866
Finance costs			(16,490	)			(2,434	)			(20,851	)			(3,078	)
Share of profit/(loss) of associates			20				3				(760	)			(112	)
Share of profit of joint ventures			3,042				449				998				147
Profit before tax			228,203				33,687				222,358				32,823
Income tax expense			(46,541	)			(6,870	)			(44,508	)			(6,570	)
Profit for the period			181,662				26,817				177,850				26,253
Attributable to:
Equity holders of the parent			131,488				19,411				123,715				18,262
Non-controlling interests			50,174				7,406				54,135				7,991
			181,662				26,817				177,850				26,253
Net earnings per common share
Basic			3.23				0.48				3.15				0.46
Diluted			3.23				0.48				3.15				0.46
Unit sales			90,638								87,791

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CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the six months ended June 30, 2017 and 2016

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

		June 30, 2017								June 30, 2016
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			8,652,872				1,277,290				7,043,199				1,039,679
Cost of goods sold			(6,979,534	)			(1,030,281	)			(5,728,462	)			(845,604	)
Gross profit			1,673,338				247,009				1,314,737				194,075
Other operating income			88,194				13,019				39,361				5,810
Research and development costs			(237,624	)			(35,077	)			(239,226	)			(35,313	)
Selling, general and administrative costs			(851,458	)			(125,688	)			(688,092	)			(101,573	)
Operating profit			672,450				99,263				426,780				62,999
Finance costs			(43,251	)			(6,384	)			(49,853	)			(7,359	)
Share of profit/(loss) of associates			18				3				(727	)			(107	)
Share of profit/(loss) of joint ventures			5,146				760				(4,851	)			(716	)
Profit before tax			634,363				93,642				371,349				54,817
Income tax expense			(119,599	)			(17,655	)			(78,956	)			(11,655	)
Profit for the period			514,764				75,987				292,393				43,162
Attributable to:
Equity holders of the parent			380,469				56,163				212,898				31,427
Non-controlling interests			134,295				19,824				79,495				11,735
			514,764				75,987				292,393				43,162
Net earnings per common share
Basic			9.35				1.38				5.42				0.80
Diluted			9.35				1.38				5.42				0.80
Unit sales			210,648								178,562

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CHINA YUCHAI INTERNATIONAL LIMITED

SELECTED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

		As of June 30, 2017 (unaudited)								As of December 31, 2016 (audited)
		RMB ’000				US$ ’000				RMB ’000
Cash and bank balances			4,927,795				727,414				4,052,957
Trade and bills receivables			8,442,832				1,246,285				7,057,256
Inventories			1,675,730				247,362				1,663,879
Trade and bills payables			5,459,188				805,856				4,672,750
Short-term and long-term interest-bearing bank loans and borrowings			1,534,142				226,462				910,406
Equity attributable to equity holders of the parent			7,792,699				1,150,316				7,683,834

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