20 Inventories
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€ million |
Dec. 31, 2015 |
Dec. 31, 2014 |
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Raw materials, consumables and supplies |
4,021 |
3,941 |
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Work in progress |
3,927 |
3,552 |
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Finished goods and purchased merchandise |
23,083 |
20,156 |
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Current lease assets |
3,861 |
3,679 |
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Prepayments |
156 |
139 |
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|
35,048 |
31,466 |
At the same time as the relevant revenue was recognized, inventories in the amount of €162,353 million (previous year: €158,108 million) were included in cost of sales. Valuation allowances recognized as expenses in the reporting period amounted to €932 million (previous year: €785 million). Vehicles amounting to €230 million (previous year: €207 million) were assigned as collateral for partial retirement obligations.