Audited information

in CHF m

 

31.12.2015

 

31.12.2014

Raw material, consumables, work in progress

 

343

 

394

Finished products

 

468

 

544

Total

 

811

 

938

Reclassified to held for sale

 

 

–8

Total as reported in the balance sheet

 

811

 

930

in CHF m

 

2015

 

2014

Movements in write-downs of inventories

 

 

 

 

As per 1 January

 

35

 

35

Additions

 

21

 

29

Reversals

 

–19

 

−25

Exchange rate differences

 

 

1

Effect of disposals

 

–5

 

−5

At 31 December

 

32

 

35

As at 31 December 2015 and 2014, no inventories were pledged as collateral for liabilities.

The costs for raw materials and consumables recognized as an expense and included in »Costs of goods sold« amounted to CHF 2 400 million (2014: CHF 2 649 million).

FURTHER READING