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17 – Inventories

Inventories

In EUR mn

 

 

 

2022

2021

Crude oil

824

673

Natural gas

936

204

Other raw materials

677

537

Work in progress

231

146

Finished petroleum products

1,112

645

Other finished products1

1,053

945

Inventories

4,834

3,150

1

The balance of other finished products is mainly attributable to the finished products of Borealis Group, i.e. polyolefins and base chemicals.

Purchases (net of inventory variation)

In EUR mn

 

 

 

2022

2021

Costs of goods and materials

34,811

16,610

Inventory changes1

4,047

3,615

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

466

41

Reversal of inventories write-downs

(25)

(9)

Purchases (net of inventory variation)

39,298

20,257

1

Mainly related to petrochemical products

In 2022 the line ‘write-downs to net realizable value and write-offs of inventories’ was mainly related to gas in storage.