Notes (IFRS)

skip to main navigation-menu | skip to metanavigation | skip to search form and cross links | skip to toolbox (compare to last year, printing and others)

Content

skip to content | skip to main navigation menu| skip to metanavigation | skip to search form and cross links

Toolbox (Compare to last year, printing, etc.)

  • Compare with last year
  • Open your print basket
  • Add this page to the print basket
  • Print page
  • Send this page to a friend
back back     next next

15. Inventories

Inventories at December 31st, 2006 and 2005 consist of the following:

 Download Excel

 

December 31,

(in €m)

2006

2005

 

 

 

Raw materials and manufacturing supplies

1,283

1,159

Work in progress

11,260

10,655

Finished goods and parts accounted for at lower of cost and net realisable value

1,224

1,161

Advance payments to suppliers

3,125

2,450

Total

16,892

15,425

Raw materials and manufacturing supplies at Airbus increased by 121 M €. The increase in work in progress of 605 M € was mainly driven by Airbus’ A380 program and the ramp up of the Eurocopter NH 90 program. The increase of advance payments provided to suppliers mainly reflects activities in the Eurofighter program and in Astrium Transportation.

The at cost value of finished goods and parts for resale amounts to 1,559 M € in 2006 (2005: 1,505 M €) and for work in progress amounts to 12,186 M € (2005: 11,192 M €). Write downs for finished goods and services are recorded when it becomes probable that total estimated contract costs will exceed total contract revenues. The impairment charge in 2006 for work in progress mainly relates to the A380 program.


Disclaimer/Imprint

top