EX-99.2 3 d480739dex992.htm EX-99.2

EX-99.2

Exhibit 99.2

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the quarters ended September 30, 2017 and 2016

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

		September 30, 2017								September 30, 2016
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			3,788,758				570,863				2,885,782				434,809
Cost of goods sold			(3,027,563	)			(456,171	)			(2,255,034	)			(339,772	)
Gross profit			761,195				114,692				630,748				95,037
Other operating income, net			50,642				7,630				12,389				1,867
Research and development costs			(139,573	)			(21,030	)			(161,436	)			(24,324	)
Selling, general and administrative costs			(374,375	)			(56,408	)			(320,618	)			(48,308	)
Operating profit			297,889				44,884				161,083				24,272
Finance costs			(32,667	)			(4,922	)			(18,532	)			(2,792	)
Share of profit of associates			31				5				738				111
Share of profit/(loss) of joint ventures			5,591				842				(1,005	)			(151	)
Profit before tax			270,844				40,809				142,284				21,440
Income tax expense			(46,420	)			(6,994	)			(29,881	)			(4,502	)
Profit for the period			224,424				33,815				112,403				16,938
Attributable to:
Equity holders of the parent			165,598				24,952				76,810				11,574
Non-controlling interests			58,826				8,863				35,593				5,364
			224,424				33,815				112,403				16,938
Net earnings per common share
Basic			4.06				0.61				1.89				0.28
Diluted			4.06				0.61				1.89				0.28
Unit sales			82,839								66,013

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED CONSOLIDATED INCOME STATEMENTS

For the nine months ended September 30, 2017 and 2016

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

		September 30, 2017								September 30, 2016
		RMB ’000				US$ ’000				RMB ’000				US$ ’000
Revenue			12,441,630				1,874,615				9,928,981				1,496,027
Cost of goods sold			(10,007,097	)			(1,507,797	)			(7,983,496	)			(1,202,895	)
Gross profit			2,434,533				366,818				1,945,485				293,132
Other operating income, net			138,836				20,919				51,750				7,797
Research and development costs			(377,197	)			(56,833	)			(400,662	)			(60,369	)
Selling, general and administrative costs			(1,225,833	)			(184,700	)			(1,008,710	)			(151,985	)
Operating profit			970,339				146,204				587,863				88,575
Finance costs			(75,918	)			(11,439	)			(68,385	)			(10,304	)
Share of profit of associates			49				7				11				2
Share of profit/(loss)of joint ventures			10,737				1,618				(5,856	)			(882	)
Profit before tax			905,207				136,390				513,633				77,391
Income tax expense			(166,019	)			(25,015	)			(108,837	)			(16,399	)
Profit for the period			739,188				111,375				404,796				60,992
Attributable to:
Equity holders of the parent			546,067				82,277				289,708				43,651
Non-controlling interests			193,121				29,098				115,088				17,341
			739,188				111,375				404,796				60,992
Net earnings per common share
Basic			13.40				2.02				7.28				1.10
Diluted			13.40				2.02				7.28				1.10
Unit sales			293,487								244,575

CHINA YUCHAI INTERNATIONAL LIMITED

UNAUDITED SELECTED CONSOLIDATED BALANCE SHEET ITEMS

(RMB and US$ amounts expressed in thousands)

		As of September 30, 2017								As of December 31, 2016
										(Audited)
		RMB ’000				US$ ’000				RMB ’000
Cash and bank balances			4,426,534				666,958				4,052,957
Trade and bills receivables			9,548,720				1,438,732				7,057,256
Inventories			1,866,723				281,264				1,663,879
Trade and bills payables			5,411,305				815,336				4,672,750
Short-term and long-term interest-bearing loans and borrowings			1,928,801				290,618				910,406
Equity attributable to equity holders of the parent			7,952,649				1,198,248				7,683,834