09 » Inventories
Inventories by major classification are as follows:
|
|
Dec. 31, 2019 |
|
Dec. 31, 2018 |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Gross value |
|
Allowance for obsolescence |
|
Net value |
|
Gross value |
|
Allowance for obsolescence |
|
Net value |
Merchandise and finished goods on hand |
|
2,984 |
|
(80) |
|
2,904 |
|
2,588 |
|
(117) |
|
2,471 |
Goods in transit |
|
1,175 |
|
– |
|
1,175 |
|
966 |
|
– |
|
966 |
Raw materials |
|
6 |
|
– |
|
6 |
|
7 |
|
– |
|
7 |
Work in progress |
|
0 |
|
– |
|
0 |
|
0 |
|
– |
|
0 |
Inventories |
|
4,165 |
|
(80) |
|
4,085 |
|
3,562 |
|
(117) |
|
3,445 |
Goods in transit mainly relate to shipments of finished goods and merchandise from suppliers in Asia to subsidiaries in Europe, North America, Asia and Latin America.