[25] Inventories
The reported inventories break down as follows:
in € million |
Dec. 31, 2020 |
Dec. 31, 2019 |
|---|---|---|
Materials and supplies |
280.5 |
276.6 |
Work in progress |
162.2 |
143.3 |
Finished goods and merchandise |
618.7 |
638.5 |
Advances paid |
39.5 |
26.9 |
Total inventories |
1,101.0 |
1,085.3 |
In 2020, write-downs of €38.7 million were recognized on inventories (2019: €26.6 million). Reversals of write-downs were recognized in an amount of €10.1 million (2019: €8.8 million) because the reasons for the write-downs no longer existed.