17Inventories
|
millions of CHF |
|
2025 |
|
2024 |
|
Raw materials, supplies and consumables |
|
169.5 |
|
160.7 |
|
Work in progress |
|
260.1 |
|
282.5 |
|
Finished products and trade merchandise |
|
71.1 |
|
71.9 |
|
Total inventories as of December 31 |
|
500.7 |
|
515.1 |
In 2025, the group recognized write-downs of CHF 17.8 million in the income statement. In 2024, the total write-downs amounted to CHF 19.1 million. The accumulated write-downs on inventories amounted to CHF 73.9 million as of December 31, 2025 (2024: CHF 77.6 million). Material expenses in 2025 amounted to CHF 1’263.6 million (2024: CHF 1’238.8 million).