20. Inventories
€ million |
|
Dec. 31, 2023 |
|
Dec. 31, 2022 |
|---|---|---|---|---|
|
|
|
|
|
Raw materials, consumables and supplies |
|
9,787 |
|
10,458 |
Work in progress |
|
5,005 |
|
6,041 |
Finished goods and purchased merchandise |
|
30,994 |
|
29,466 |
Current lease assets |
|
6,183 |
|
5,170 |
Prepayments |
|
1,649 |
|
1,165 |
Hedges on inventories |
|
−16 |
|
−26 |
|
|
53,601 |
|
52,274 |
At the same time as the relevant revenue was recognized, inventories in the amount of €234 billion (previous year: €204 billion) were included in cost of sales. Loss allowances (excluding lease assets) recognized as expenses in the reporting period amounted to €621 million (previous year: €582 million). Vehicles with a value amounting to €236 million (previous year: €257 million) were assigned as collateral for partial retirement obligations.