Annual Report 2024

Annual Report 2024

13. Inventories

(in € million)

 

 

Dec. 31, 2023

 

Dec. 31, 2024

Raw materials, consumables, and supplies

 

363

 

407

Work in progress

 

77

 

85

Finished goods and merchandise

 

1,069

 

1,112

Advance payments

 

5

 

8

 

 

1,514

 

1,612

Inventories increased by €98 million compared with the previous year to €1,612 million, €235 million of which (previous year: €217 million) was carried at net realizable value. Write-downs of inventories amounted to €135 million as of the reporting date (previous year: €139 million).

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