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15) Inventories
 
2008
2007
 
 
 
Raw materials and consumables
510
461
Intermediates and finished goods
1,299
1,128
 
 
 
  
1,809
1,589
Adjustments to lower net realizable value
(44)
(42)
 
 
 
Total
1,765
1,547
The carrying amount of inventories adjusted to net realizable value was €155 million (2007: €165 million); the value adjustment of inventories recognized in the income statement was €83 million expense (2007: €17 million expense).
Notes