Annual report and accounts 2008Annual report and accounts 2008

Notes contentsNotes to consolidated financial statements

21. Inventories


All figures in £ millions 2008 2007
Raw materials 31 24
Work in progress 29 30
Finished goods 441 314
  501 368

The cost of inventories relating to continuing operations recognised as an expense and included in the income statement in cost of goods sold amounted to £832m (2007: £732m). In 2008 £56m (2007: £47m) of inventory provisions was charged in the income statement. None of the inventory is pledged as security.