11 Inventories
|
|
December 31, 2012 |
December 31, 2013 |
||||||||
|
(€ million) |
Crude oil, gas and petroleum products |
Chemical products |
Work in progress |
Other |
Total |
Crude oil, gas and petroleum products |
Chemical products |
Work in progress |
Other |
Total |
|
Raw and auxiliary materials and consumables |
948 |
190 |
|
1,748 |
2,886 |
714 |
192 |
|
1,843 |
2,749 |
|
Products being processed and semi-finished products |
133 |
15 |
|
1 |
149 |
114 |
14 |
|
1 |
129 |
|
Work in progress |
|
|
1,595 |
|
1,595 |
|
|
1,627 |
|
1,627 |
|
Finished products and goods |
2,912 |
891 |
|
44 |
3,847 |
2,495 |
801 |
|
60 |
3,356 |
|
Certificates and emission rights |
|
|
|
19 |
19 |
|
|
|
22 |
22 |
|
|
3,993 |
1,096 |
1,595 |
1,812 |
8,496 |
3,323 |
1,007 |
1,627 |
1,926 |
7,883 |
Contract works in progress for €1,627 million (€1,595 million at December 31, 2012) are stated net of prepayments for €6 million (€7 million at December 31, 2012) which corresponded to the amount of the works executed and accepted by customers.
Inventories of €105 million were pledged as a guarantee for the payment of storage services.
Changes in inventories and in the loss provision were as follows:
|
(€ million) |
Carrying amount at the beginning of the year |
Changes |
New |
Dedu- |
Changes in the scope of consoli- |
Currency |
Other changes |
Carrying amount at the end of the year |
|
December 31, 2012 |
|
|
|
|
|
|
|
|
|
Gross carrying amount |
7,761 |
1,158 |
|
|
(226) |
(18) |
(9) |
8,666 |
|
Loss provision |
(186) |
|
(58) |
64 |
10 |
1 |
(1) |
(170) |
|
Net carrying amount |
7,575 |
1,158 |
(58) |
64 |
(216) |
(17) |
(10) |
8,496 |
|
December 31, 2013 |
|
|
|
|
|
|
|
|
|
Gross carrying amount |
8,666 |
(343) |
|
|
(3) |
(180) |
(71) |
8,069 |
|
Loss provision |
(170) |
|
(168) |
149 |
|
3 |
|
(186) |
|
Net carrying amount |
8,496 |
(343) |
(168) |
149 |
(3) |
(177) |
(71) |
7,883 |
Changes of the year amounting to €343 million included the decrease of €679 million of the Refining & Marketing segment, partially offset by the increase of €190 million of the Exploration & Production segment. Additions of €168 million and deductions of €149 million of the loss provision related to the Refining & Marketing segment for €112 million and €118 million, respectively.
