13. Inventories

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03/31/2010

 

03/31/2011

 

 

 

 

 

Raw materials and supplies

 

707.4

 

947.4

Work in progress

 

532.9

 

787.8

Finished goods

 

745.3

 

854.0

Merchandise

 

198.4

 

217.2

As yet unbillable services

 

8.0

 

6.3

Advance payments

 

6.3

 

11.4

 

 

2,198.3

 

2,824.1

 

 

 

 

 

 

 

In millions of euros

Write-downs to the lower net realizable value amounting to EUR 78.6 million (March 31, 2010: EUR 78.8 million) are recorded in the consolidated financial statements. Inventories of EUR 3.1 million (March 31, 2010: EUR 3.1 million) are pledged as security for liabilities. An amount of EUR 6,403.3 million (March 31, 2010: EUR 4,427.3 million) has been recognized as cost of materials.

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