| As at 31.12.2014 | As at 31.12.2013* restated | |
|---|---|---|
| Finished goods | 324 629 | 377 475 |
| Semi-finished products, work in progress | 205 728 | 186 952 |
| Raw materials | 602 274 | 458 235 |
| Merchandises | 9 473 | 29 688 |
| Emission rights | 190 840 | 91 558 |
| Certificates of origin of energy | 10 569 | 3 677 |
| Advances paid | 4 313 | 17 922 |
| Total inventory, including: | 1 347 826 | 1 165 507 |
| Carrying amount of inventories at net realisable value | 34 606 | 31 318 |
| Carrying amount of inventories securing liabilities | 109 141 | 115 768 |
* Financial information restated due to completion of acquisition accounting of African Investment Group S.A., as presented in point 1.2.1 in the Notes.
| For the period 01.01.2014 - 31.12.2014 | As at 31.12.2013* restated | |
|---|---|---|
| Raw materials and energy used | 6 259 092 | 6 627 542 |
| Change in inventories of finished goods and work in progress (+/-) | 19 821 | 87 242 |
| Amount of inventories recognised as an expense in the period | 6 278 913 | 6 714 784 |
* Financial information restated due to completion of acquisition accounting of African Investment Group S.A., as presented in point 1.2.1 in the Notes.
| For the period 01.01.2014 - 31.12.2014 | For the period 01.01.2013 - 31.12.2013 | |
|---|---|---|
| Write-downs recognised as an expense in the period | 72 654 | 85 704 |
| Write-downs used/reversed in the period | (68 891) | (65 496) |
| 3 763 | 20 208 |
| as at 31.12.2014 | as at 31.12.2013 | |
|---|---|---|
| Inventories write-downs | 45 163 | 41 400 |
Inventories write downs recognised in 2014 relate to finished goods, semi-finished products and raw materials for which cost exceeds net realisable value or which are held on stock for more than one year. Changes in write downs resulted from sale, use or liquidation of particular items and are included in the statement of profit or loss as cost of sales.
15.1. CO2 emission rights
| CO2 emission rights owned (number of units) | For the period 01.01.2014 - 31.12.2014 | For the period 01.01.2013 - 31.12.2013 |
|---|---|---|
| Balance at the beginning of the period (units owned) | 3 989 933 | 2 437 568 |
| Redeemed | (7 943 092) | (2 538 115) |
| Allocated | 9 999 186 | - |
| Acquired | 2 836 147 | 2 192 335 |
| Acquisitions through business combinations | - | 1 898 145 |
| Balance at the end of the period (units owned) | 8 882 174 | 3 989 933 |
| Recognised as receivable | - | 5 031 905 |
| Balance at the end of the period (units owned and recognised as receivable) | 8 882 174 | 9 021 838 |
| Emission in the reporting period | 7 851 644 | 7 948 369 |