|
|
|
|
|
|
In € millions |
|
|
|
2008 |
2007 |
|
|
|
Raw materials and supplies |
522 |
342 |
Work in progress |
84 |
85 |
Finished products and goods for resale |
1,172 |
746 |
Inventory prepayments |
3 |
4 |
|
|
|
Total |
1,781 |
1,177 |
Of the total carrying value of inventories at December 31, 2008, €73 million is measured at net realizable value (2007: €53 million). In 2008, €22 million was recognized in the statement of income for the write-down of inventories (2007: €18 million), while €9 million of write-downs was reversed (2007: €8 million). There are no inventories subject to retention of title clauses. During 2008, an amount of €8.8 billion including direct employee benefits, depreciation and amortization was recognized as costs of goods sold, out of finished goods.