11. Inventories
Audited information- Index
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- 9
- 10
- 11
- 12
- 13
- 14
- 15
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- 38
in CHF m |
|
31.12.2020 |
|
31.12.2019 |
|---|---|---|---|---|
Raw material, consumables, work in progress |
|
290 |
|
414 |
Finished products |
|
430 |
|
556 |
Total |
|
720 |
|
970 |
Reclassified to held for sale (see note 25) |
|
–186 |
|
–319 |
Total as reported in the balance sheet |
|
534 |
|
651 |
in CHF m |
|
2020 |
|
2019 |
|---|---|---|---|---|
Movements in write-downs of inventories |
|
|
|
|
As per 1 January |
|
–40 |
|
–47 |
Additions |
|
–23 |
|
–15 |
Reversals |
|
14 |
|
20 |
Effect of disposals |
|
6 |
|
— |
Exchange rate differences |
|
3 |
|
2 |
At 31 December |
|
–40 |
|
–40 |
Thereof reclassified to held for sale |
|
–9 |
|
–17 |
As at 31 December 2020 and 2019, no inventories were pledged as collateral for liabilities.
The cost for raw materials and consumables recognized as an expense and included in “Costs of goods sold” amounted to CHF 1 537 million (2019: CHF 1 769 million) for continuing operations.