08 Inventories
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€ million |
2018 |
2017 |
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Raw materials and supplies |
315.5 |
245.0 |
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Unfinished and finished products, merchandise |
691.8 |
537.3 |
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Services not charged |
3.4 |
1.3 |
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Total |
1,010.7 |
783.6 |
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Of which recorded at net realizable value if lower |
205.6 |
80.5 |
Cost of goods sold includes inventories recognized as expenses totaling €4.1 billion (after €4.0 billion a year earlier). Valuation allowances recognized as expenses increased by €91.3 million in the reporting period. In the previous year, there was an decrease of €-14.1 million.