Year ended December 31, 2015 |
Yuchai | HLGE | Corporate | Eliminations |
Consolidated financial statements |
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RMB’000 | RMB’000 | RMB’000 | RMB’000 | RMB’000 | ||||||||||||||||
Revenue |
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Total external revenue |
13,671,931 | 61,506 | — | — | 13,733,437 | |||||||||||||||
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Results |
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Interest income |
35,557 | 1,415 | 10,003 | (5,661 | ) | 41,314 | ||||||||||||||
Interest expense |
(110,618 | ) | (7,595 | ) | (435 | ) | 5,661 | (112,987 | ) | |||||||||||
Impairment of property, plant and equipment |
(2,873 | ) | — | — | — | (2,873 | ) | |||||||||||||
Impairment of technology development cost |
(26,700 | ) | — | — | — | (26,700 | ) | |||||||||||||
Staff severance cost |
(8,385 | ) | — | — | — | (8,385 | ) | |||||||||||||
Depreciation and amortization |
(458,759 | ) | (10,458 | ) | (218 | ) | — | (469,435 | ) | |||||||||||
Share of (loss)/profit of associates and joint ventures, net of tax |
(10,230 | ) | 7,539 | — | — | (2,691 | ) | |||||||||||||
Income tax expense |
(161,731 | ) | (2,491 | ) | (12,596 | )(1) | — | (176,818 | ) | |||||||||||
Segment profit after income tax |
583,115 | 6,473 | (80,268 | ) | — | 509,320 | ||||||||||||||
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Year ended December 31, 2016 |
Yuchai | HLGE | Corporate | Eliminations |
Consolidated financial statements |
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RMB’000 | RMB’000 | RMB’000 | RMB’000 | RMB’000 | ||||||||||||||||
Revenue |
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Total external revenue |
13,598,487 | 66,353 | — | — | 13,664,840 | |||||||||||||||
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Results |
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Interest income |
51,235 | 1,919 | 10,080 | (6,251 | ) | 56,983 | ||||||||||||||
Interest expense |
(73,028 | ) | (7,706 | ) | (648 | ) | 6,251 | (75,131 | ) | |||||||||||
Impairment of property, plant and equipment |
(3,297 | ) | — | — | — | (3,297 | ) | |||||||||||||
Staff severance costs |
(12,864 | ) | — | — | — | (12,864 | ) | |||||||||||||
Depreciation and amortization |
(467,177 | ) | (10,744 | ) | (239 | ) | — | (478,160 | ) | |||||||||||
Share of profit/(loss) of associates and joint ventures, net of tax |
112 | (3,724 | ) | — | — | (3,612 | ) | |||||||||||||
Income tax expense |
(141,272 | ) | (2,281 | ) | (16,717 | )(1) | — | (160,270 | ) | |||||||||||
Segment profit after income tax |
765,039 | (4,548 | ) | (36,883 | ) | — | 723,608 | |||||||||||||
Total assets |
17,537,583 | 449,994 | 2,111,248 | (1,502,319 | ) | 18,596,506 | ||||||||||||||
Total liabilities |
(8,419,018 | ) | (369,124 | ) | (151,472 | ) | 328,920 | (8,610,694 | ) | |||||||||||
Other disclosures |
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Investment in joint ventures |
173,781 | 2,570 | — | — | 176,351 | |||||||||||||||
Capital expenditure |
282,284 | 2,623 | 86 | — | 284,993 | |||||||||||||||
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Year ended December 31, 2017 |
Yuchai | HLGE | Corporate | Eliminations |
Consolidated financial statements |
Consolidated financial statements |
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RMB’000 | RMB’000 | RMB’000 | RMB’000 | RMB’000 | US$’000 | |||||||||||||||||||
Revenue |
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Total external revenue |
16,165,245 | 57,197 | — | — | 16,222,442 | 2,563,030 | ||||||||||||||||||
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Results |
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Interest income |
94,760 | 1,803 | 11,833 | (2,975 | ) | 105,421 | 16,656 | |||||||||||||||||
Interest expense |
(94,794 | ) | (3,983 | ) | (270 | ) | 2,975 | (96,072 | ) | (15,179 | ) | |||||||||||||
Gain on disposal of intangible assets |
115,235 | — | — | — | 115,235 | 18,206 | ||||||||||||||||||
Gain on disposal of subsidiaries |
— | 216,115 | — | — | 216,115 | 34,145 | ||||||||||||||||||
Gain on disposal of joint venture |
— | 107,976 | — | — | 107,976 | 17,059 | ||||||||||||||||||
Impairment of property, plant and equipment |
(20,845 | ) | — | — | — | (20,845 | ) | (3,293 | ) | |||||||||||||||
Impairment of technology development cost |
(40,000 | ) | — | — | — | (40,000 | ) | (6,320 | ) | |||||||||||||||
Staff severance cost |
(107,732 | ) | — | — | — | (107,732 | ) | (17,021 | ) | |||||||||||||||
Depreciation and amortization |
(433,921 | ) | (9,990 | ) | (270 | ) | — | (444,181 | ) | (70,177 | ) | |||||||||||||
Share of profit of associates and joint venture |
9,255 | 799 | — | — | 10,054 | 1,589 | ||||||||||||||||||
Income tax expense |
(190,573 | ) | (461 | ) | (29,133 | )(1) | — | (220,167 | ) | (34,785 | ) | |||||||||||||
Segment profit after tax |
1,089,233 | 322,481 | (6,644 | ) | — | 1,405,070 | 221,991 | |||||||||||||||||
Total assets |
19,623,882 | 451,096 | 2,444,012 | (1,503,931 | ) | 21,015,059 | 3,320,229 | |||||||||||||||||
Total liabilities |
(9,840,265 | ) | (66,920 | ) | (128,591 | )(2) | (7 | ) | (10,035,783 | ) | (1,585,582 | ) | ||||||||||||
Other disclosures |
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Investment in joint ventures |
193,476 | 2,626 | — | — | 196,102 | 30,983 | ||||||||||||||||||
Capital expenditure |
259,068 | 975 | 1,390 | — | 261,433 | 41,305 | ||||||||||||||||||
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Note:
(1) |
This relates mainly to the withholding tax provisions for dividends from Yuchai. |
(2) |
Included here are mainly the cumulative withholding tax provision for dividends that are expected to be paid from income earned after December 31, 2007 by Yuchai. |