21. Inventories

Inventories were comprised as follows:

Inventories

 

 

Dec. 31, 2014

 

Dec. 31, 2015

 

 

€ million

 

€ million

Raw materials and supplies

 

1,603

 

2,296

Work in process, finished goods and goods purchased for resale

 

6,781

 

6,241

Advance payments

 

94

 

13

Total

 

8,478

 

8,550

Impairment losses recognized on inventories were reflected in the cost of goods sold. They were comprised as follows:

Impairments of Inventories

 

 

2014

 

2015

 

 

€ million

 

€ million

Accumulated impairment losses, January 1

 

(423)

 

(477)

Changes in scope of consolidation

 

 

(5)

Impairment losses in the reporting period

 

(214)

 

(216)

Impairment loss reversals or utilization

 

176

 

246

Exchange differences

 

(16)

 

21

Transfers (IFRS 5)

 

 

4

Accumulated impairment losses, December 31

 

(477)

 

(427)