Notes to the accounts
15 Inventories
|
2008 |
2007 |
|
|
Inventories comprise |
||
|
Raw materials and consumables |
149.7 |
114.2 |
|
Work in progress |
68.0 |
58. |
|
Finished goods |
173.5 |
158.5 |
391.2 |
330.7 |
|
|
Less: payments on account |
(10.9) |
(11.0) |
380.3 |
319.7 |
The Group consumed £1,776.4m (2007: £2,176.7m) of inventories during the period. £11.8m (2007: £13.4m) was recognised as an expense resulting from the write-down of inventory and £1.5m (2007: £4.0m) was released to the income statement from inventory provisions charged in earlier years but no longer required.