20 Inventories
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€ million |
Dec. 31, 2016 |
Dec. 31, 2015 |
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---|---|---|---|---|
|
|
|
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Raw materials, consumables and supplies |
4,396 |
4,021 |
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Work in progress |
4,408 |
3,927 |
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Finished goods and purchased merchandise |
25,719 |
23,083 |
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Current lease assets |
4,276 |
3,861 |
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Prepayments |
178 |
156 |
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|
38,978 |
35,048 |
At the same time as the relevant revenue was recognized, inventories in the amount of €166 billion (previous year: €162 billion) were included in cost of sales. Valuation allowances recognized as expenses in the reporting period amounted to €1,310 million (previous year: €932 million). Vehicles amounting to €263 million (previous year: €230 million) were assigned as collateral for partial retirement obligations.