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Standard costs for inventories of postage stamps and spare parts in freight centres amounted to €12 million (previous year: €14 million). There was no requirement to charge significant valuation allowances on these inventories.

 

€m

 

2006

 

2007

Finished goods and goods purchased and held for resale

 

120

 

59

Spare parts for aircraft

 

2

 

6

Raw materials and supplies

 

117

 

164

Work in progress

 

28

 

18

Advance payments

 

1

 

1

Inventories

 

268

 

248