2. Cost of Goods Sold

The cost of goods sold amounted to €4,166 million (previous year: €4,090 million). This item includes disposed inventories of €3,513 million (previous year: €3,461 million) expensed in the reporting period as well as direct expenses for distribution logistics. Write-downs on inventories amounted to €96 million in the reporting period (previous year: €91 million).