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14. Inventories

 

 

03/31/2013

 

03/31/2014

 

 

 

 

 

Raw materials and supplies

 

870.6

 

914.3

Work in progress

 

780.9

 

847.6

Finished goods

 

987.2

 

971.5

Merchandise

 

218.1

 

190.8

As yet unbillable services

 

7.5

 

7.0

Advance payments

 

12.6

 

6.0

 

 

2,876.9

 

2,937.2

 

 

 

 

 

 

 

In millions of euros

Write-downs to the lower net realizable value amounting to EUR 94.7 million (March 31, 2013: EUR 105.0 million) are recorded in the consolidated financial statements. The carrying amount of the inventories that have been written down to the lower net realizable value amounts to EUR 546.3 million (March 31, 2013: EUR 579.3 million). As of March 31, 2014, no inventories are pledged as security for liabilities (March 31, 2013: EUR 2.4 million). An amount of EUR 6,231.7 million (March 31, 2013: EUR 6,548.0 million) has been recognized as cost of materials.

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About voestalpine

The voestalpine Group is a steel-based technology and capital goods group that operates worldwide. With its top-quality products, the Group is one of the leading partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide.

Facts

50 Countries on all 5 continents
500 Group companies and locations
48,113 Employees worldwide

Earnings FY 2013/14

€ 11.2 Billion

Revenue

€ 1.4 Billion

EBITDA

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