07 Inventories

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€ million

 

2016

 

2015

 

 

 

 

 

 

 

 

 

 

Raw materials and supplies

 

278.3

 

231.2

Unfinished and finished products, merchandise

 

566.8

 

551.9

 

 

 

 

 

Services not charged

 

1.2

 

2.1

 

 

 

 

 

Total

 

846.3

 

785.2

 

 

 

 

 

Of which recorded at net realizable value if lower

 

104.6

 

111.8

 

 

 

 

 

Cost of goods sold includes costs for inventories recognized as expenses totaling €4.4 billion, after €4.2 billion a year earlier. Valuation allowances recognized in the reporting period as expenses amounted to €21.5 million, compared with € –1.6 million the year before.