17 – Inventories

Inventories

In EUR mn

 

 

 

2020

2019

Crude oil

427

676

Natural gas

122

180

Other raw materials

466

219

Work in progress

74

100

Finished petroleum products

540

624

Other finished products

723

47

Inventories

2,352

1,845

Purchases (net of inventory variation)

In EUR mn

 

 

 

2020

2019

Costs of goods and materials

8,992

13,629

Inventory changes

540

(88)

Write-downs to net realizable value and write-offs of inventories

134

74

Reversal of inventories write-downs

(68)

(6)

Purchases (net of inventory variation)

9,598

13,608

The reversal of inventories write-downs in 2020 were related to the gas business resulting from increased prices.