Inventories

 
2017
2016
   
Raw materials and consumables
517
504
Intermediates and finished goods
1,392
1,359
   
 
1,909
1,863
Adjustments to lower net realizable value
(61)
(63)
   
Total
1,848
1,800

The carrying amount of inventories adjusted to net realizable value (before reclassification to held for sale) was €216 million (2016: €240 million).

At the end of 2017, there were no inventories reclassified to held for sale (2016: none).

Changes in the adjustment to net realizable value

 
2017
2016
   
Balance at 1 January
(63)
(48)
   
Additions charged to income statement
(99)
(101)
Utilization/reversals
97
86
Exchange differences
4
-
Balance at 31 December
(61)
(63)