17. Inventories
Inventories were comprised as follows:
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|
|
|
|
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|
|
Dec. 31, 2021 |
|
Dec. 31, 2022 |
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|---|---|---|---|---|---|---|---|---|
|
|
€ million |
|
€ million |
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Raw materials and supplies |
|
830 |
|
848 |
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Work in process, finished goods and goods purchased for resale1 |
|
2,081 |
|
1,964 |
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Advance payments |
|
3 |
|
2 |
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Total |
|
2,914 |
|
2,814 |
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|
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In fiscal 2022, impairment losses on inventories of €69 million (previous year: €22 million) and reversals of impairment losses of €12 million (previous year: €5 million) were recognized through profit or loss in cost of goods sold.
Inventories recognized as an expense in the reporting period essentially correspond to the cost of goods sold less booked impairment losses.