07 Inventories

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€ million

 

2017

 

2016

 

 

 

 

 

 

 

 

 

 

Raw materials and supplies

 

245.0

 

278.3

Unfinished and finished products, merchandise

 

537.3

 

566.8

 

 

 

 

 

Services not charged

 

1.3

 

1.2

 

 

 

 

 

Total

 

783.6

 

846.3

 

 

 

 

 

Of which recorded at net realizable value if lower

 

80.5

 

104.6

 

 

 

 

 

Cost of goods sold includes inventories recognized as expenses totaling €4.0 billion (after €3.8 billion a year earlier). Valuation allowances recognized in the reporting period as expenses declined by € –14.1 million. In the previous year, there was an increase of €16.8 million.