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14. Inventories

 

 

03/31/2015

 

03/31/2016

 

 

 

 

 

Raw materials and supplies

 

940.3

 

912.2

Work in progress

 

861.7

 

850.3

Finished goods

 

955.9

 

997.1

Merchandise

 

204.7

 

188.8

As yet unbillable services

 

5.5

 

7.1

Advance payments

 

9.4

 

17.6

 

 

2,977.5

 

2,973.1

 

 

 

 

 

In millions of euros

Write-downs to the lower net realizable value amounting to EUR 121.3 million (March 31, 2015: EUR 110.4 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 567.6 million (March 31, 2015: EUR 572.2 million). As of March 31, 2016, no inventories (March 31, 2015: EUR 2.9 million) are pledged as security for liabilities. An amount of EUR 5,547.6 million (March 31, 2015: EUR 6,011.5 million) has been recognized as cost of materials.

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
48,500 Employees worldwide

Earnings FY 2015/16

€ 11.1 Billion

Revenue

€ 1.6 Billion

EBITDA

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