Note 11: Inventories

Of the total carrying value of inventories at year-end 2013, €67 million is measured at net realizable value (2012: €50 million). In 2013, €31 million was recognized in the statement of income for the write-down of inventories (2012: €39 million), while €26 million of write-downs were reversed (2012: €28 million). There are no inventories subject to retention of title clauses.

In € millions

 

2012

 

2013

Raw materials and supplies

 

520

 

430

Work in progress

 

81

 

75

Finished products and goods for resale

 

944

 

921

Total

 

1,545

 

1,426