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Note 13: Inventories


Of the total carrying value of inventories at year-end 2011, €68 million is measured at net realizable value (2010: €53 million). In 2011, €25 million was recognized in the statement of income for the write-down of inventories (2010: €22 million), while €17 million of write-downs were reversed (2010: €8 million). There are no inventories subject to retention of title clauses.

In € millions

 

2010

 

2011

Raw materials and supplies

 

481

 

649

Work in progress

 

80

 

91

Finished products and goods for resale

 

1,113

 

1,177

Inventory prepayments

 

4

 

7

Total

 

1,678

 

1,924

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