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14. Inventories

 

 

03/31/2016

 

03/31/2017

 

 

 

 

 

Raw materials and supplies

 

912.2

 

1,207.8

Work in progress

 

850.3

 

931.0

Finished goods

 

997.1

 

1,060.7

Merchandise

 

188.8

 

176.9

As yet unbillable services

 

7.1

 

7.7

Advance payments

 

17.6

 

24.1

 

 

2,973.1

 

3,408.2

 

 

 

 

 

In millions of euros

Write-downs to the lower net realizable value amounting to EUR 140.4 million (March 31, 2016: EUR 121.3 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 541.0 million (March 31, 2016: EUR 567.6 million). As in the previous year, no inventories are pledged as security for liabilities as of March 31, 2017. An amount of EUR 5,689.7 million (March 31, 2016: EUR 5,547.6 million) has been recognized as cost of materials.


About voestalpine

In its business segments, voestalpine is a globally leading technology and capital goods group with a unique combination of material and processing expertise. With its top-quality products and system solutions using steel and other metals, it is a leading partner to the automotive and consumer goods industries in Europe and to the aerospace, oil and gas industries worldwide. The voestalpine Group is also the world market leader in turnout technology, special rails, tool steel, and special sections.

Facts

50 Countries on all 5 continents
500 Group companies and locations
50,000 Employees worldwide

Earnings FY 2016/17

€ 11.3 Billion

Revenue

€ 1.54 Billion

EBITDA

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