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|
| ||
€ million |
Dec. 31, 2011 |
Dec. 31, 2010 | ||
---|---|---|---|---|
Raw materials, consumables and supplies |
3,429 |
2,494 | ||
Work in progress |
3,324 |
1,837 | ||
Finished goods and purchased merchandise |
17,383 |
10,819 | ||
Current leased assets |
3,204 |
2,470 | ||
Payments on account |
210 |
11 | ||
|
27,551 |
17,631 |
Of the total inventories, €2,543 million (previous year: €1,204 million) is recognized at net realizable value. At the same time as the relevant revenue was recognized, inventories in the amount of €124,813 million were included in cost of sales (previous year: €99,757 million). Valuation allowances recognized as expenses in the reporting period amounted to €333 million (previous year: €185 million). Vehicles amounting to €227 million (previous year: €180 million) were assigned as collateral for partial retirement obligations.