16. Inventories

As at 31-12-2024

As at 31-12-2023

Raw materials, consumables, technical materials, and packaging

85.8

91.4

Work in progress

23.9

17.2

Finished product

156.0

162.4

Impairment provision

-7.6

-8.1

Total

258.1

262.9

In 2024, inventories of € 671.4 million (2023: € 748.7 million) were recognized as an expense during the year and included in cost of sales. During 2024, € 5.3 million (2023: € 7.2 million) was recognized as an expense for inventories carried at net realizable value. This is recognized in cost of sales.