23. Inventories

Breakdown of inventories

in € million

Dec. 31, 2025

Dec. 31, 2024

Materials and supplies

383.7

454.6

Work in progress

285.2

294.3

Finished goods and merchandise

906.1

945.7

Advances paid

56.7

54.1

Total inventories

1,631.7

1,748.6

In 2025, impairment losses of €56.8 million were recognized on inventories (2024: €56.1 million). Reversals of impairment losses were recognized in an amount of €19.0 million (2024: €14.2 million) because the reasons for the impairment losses no longer existed.

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