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Note 13 Inventories


In € millions

2009

2010

 

 

 

Raw materials and supplies

407

481

Work in progress

73

80

Finished products and goods for resale

957

1,113

Inventory prepayments

4

4

Total

1,441

1,678

Of the total carrying value of inventories at year-end 2010, €53 million is measured at net realizable value (2009: €83 million). In 2010, €22 million was recognized in the statement of income for the write-down of inventories (2009: €32 million), while €8 million of write-downs was reversed (2009: €10 million). There are no inventories subject to retention of title clauses. During 2010, an amount of €8.4 billion including direct employee benefits, depreciation and amortization was recognized as costs of goods sold, out of finished goods (2009: €7.6 billion).

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