18 Inventories
|
millions of CHF |
|
2024 |
|
2023 |
|
Raw materials, supplies and consumables |
|
160.7 |
|
166.9 |
|
Work in progress |
|
282.5 |
|
255.4 |
|
Finished products and trade merchandise |
|
71.9 |
|
72.8 |
|
Total inventories as of December 31 |
|
515.1 |
|
495.1 |
In 2024, the group recognized write-downs of CHF 19.1 million in the income statement. In 2023, the total write-downs amounted to CHF 16.6 million. The accumulated write-downs on inventories amounted to CHF 77.6 million as of December 31, 2024 (2023: CHF 72.7 million). Material expenses in 2024 amounted to CHF 1’238.8 million (2023: CHF 1’239.4 million).