32 Inventories

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

 
€m
  2007 2008
Finished goods and goods purchased and held for resale 59 57
Spare parts for aircraft 6 6
Raw materials and supplies 164 187
Work in progress 18 17
Advance payments 1 2
Inventories 248 269
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