11. Inventories
Audited information- Index
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in CHF m |
31.12.2019 |
31.12.2018 |
||
|---|---|---|---|---|
Raw material, consumables, work in progress |
414 |
404 |
||
Finished products |
556 |
614 |
||
Total |
970 |
1 018 |
||
Reclassified to held for sale (see note 25) |
–319 |
— |
||
Total as reported in the balance sheet |
651 |
1 018 |
in CHF m |
2019 |
2018 |
||
|---|---|---|---|---|
Movements in write-downs of inventories |
|
|
||
As per 1 January |
–47 |
–41 |
||
Additions |
–15 |
–18 |
||
Reversals |
20 |
10 |
||
Exchange rate differences |
2 |
2 |
||
At 31 December |
–40 |
–47 |
||
Thereof reclassified to held for sale |
–17 |
— |
As at 31 December 2019 and 2018, 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 1 769 million (2018: CHF 1 845 million) for continuing business.