DSM Integrated Annual Report 2021

12 Inventories

 

 

2021

 

2020

 

 

 

 

 

Raw materials and consumables

 

621

 

491

Intermediates and finished goods

 

1,758

 

1,467

 

 

2,379

 

1,958

 

 

 

 

 

Adjustments to lower net realizable value

 

(82)

 

(79)

Total

 

2,297

 

1,879

Changes in the adjustment to net realizable value

 

 

2021

 

2020

 

 

 

 

 

Balance at 1 January

 

(79)

 

(81)

 

 

 

 

 

Additions charged to income statement

 

(20)

 

(18)

Utilization/reversals

 

20

 

18

Exchange differences

 

(3)

 

3

Acquisition

 

-

 

(2)

Reclassification to held for sale

 

-

 

1

Balance at 31 December

 

(82)

 

(79)

The carrying amount of inventories adjusted to net realizable value was €310 million (2020: €263 million).