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Inventories
Inventories comprise the following:
in € million deC. 31, 2012 deC. 31, 2011
Raw materials, consumables, and supplies 133.3 132.9
Work in progress and finished goods, as well as merchandise 253.6 255.1
Advanced payments 2.3 1.3
Allowances on inventories – excluding precious metals – 33.8 – 33.1
Inventories – excluding precious metals 355.4 356.2
Precious metals 698.6 688.3
Allowances on precious metals – 15.1 – 13.7
Precious metals 683.5 674.6
Inventories 1,038.9 1,030.8
Write-downs on inventories excluding precious metals as of the closing date came to
€ 48.9 million (previous year: € 46.8 million) and are already included in the carrying
amount. No significant write-downs were reversed in the financial year.
The outstanding costs for precious metal recycling of € 6.5 million (previous year:
€ 8.8 million) were recognized under allowances for precious metals.
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