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03/31/2011 |
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03/31/2012 |
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Raw materials and supplies |
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947.4 |
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922.9 |
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Work in progress |
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787.8 |
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823.9 |
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Finished goods |
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854.0 |
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941.3 |
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Merchandise |
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217.2 |
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245.6 |
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As yet unbillable services |
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6.3 |
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7.2 |
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Advance payments |
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11.4 |
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11.8 |
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2,824.1 |
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2,952.7 |
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In millions of euros | ||
Write-downs to the lower net realizable value amounting to EUR 96.2 million (March 31, 2011: EUR 78.6 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 683.8 million. Inventories of EUR 3.2 million (March 31, 2011: EUR 3.1 million) are pledged as security for liabilities. An amount of EUR 7,152.6 million (March 31, 2011: EUR 6,403.3 million) has been recognized as cost of materials.
