191 348
191
6.
INVENTORIES
These are detailed as follows:
31 December 2014
31 December 2013 (*)
Raw materials
292
249
of which allowance for obsolete and slow-moving raw materials
(47)
(29)
Work in progress and semi-finished goods
241
227
of which allowance for obsolete and slow-moving work in progress and semi-finished goods
(5)
(5)
Finished goods (**)
448
405
of which allowance for obsolete and slow-moving finished goods
(50)
(48)
Total
981
881
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
(**) Finished goods also include goods for resale.
7.
FINANCIAL ASSETS HELD FOR TRADING
These are detailed as follows:
31 December 2014
31 December 2013 (*)
Listed securities (Brazilian Real area)
67
86
Unlisted securities
9
7
Total
76
93
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
Financial assets held for trading basically refer to units in
funds that mainly invest in short and medium-term go-
vernment securities.
These assets are mostly held by subsidiaries in Brazil and
Argentina which invest temporarily available liquidity in such
funds.
Movements in this balance are detailed as follows:
31 December 2014
31 December 2013 (*)
Opening balance
93
78
Movements:
- Currency translation differences
-
(18)
- Purchase of securities
8
40
- Disposal of securities
(25)
(7)
Total movements
(17)
15
Closing balance
76
93
(*) The previously published prior year consolidated financial statements have been restated following the adoption of IFRS 10 and IFRS 11. Further details can
be found in Section C. Restatement of comparative figures.
(in millions of Euro)
(in millions of Euro)
(in millions of Euro)