DSM Integrated Annual Report 2022

12 Inventories

 

 

2022

 

2021

 

 

 

 

 

Raw materials and consumables

 

596

 

621

Intermediates and finished goods

 

1,809

 

1,758

 

 

2,405

 

2,379

 

 

 

 

 

Adjustments to lower net realizable value

 

(66)

 

(82)

Total

 

2,339

 

2,297

Changes in the adjustment to net realizable value

 

 

2022

 

2021

 

 

 

 

 

Balance at 1 January

 

(82)

 

(79)

 

 

 

 

 

Additions charged to income statement

 

(31)

 

(20)

Utilization/reversals

 

20

 

20

Exchange differences

 

(2)

 

(3)

Disposal

 

15

 

-

Transfer

 

(10)

 

-

Reclassification to held for sale

 

24

 

-

Balance at 31 December

 

(66)

 

(82)

The carrying amount of inventories adjusted to net realizable value was €190 million (2021: €310 million).