Financial statements of JSW S.A. for 2012
13. Inventories
| |
31 Dec 2012 |
31 Dec 2011 |
| Materials |
38.5 |
39.7 |
| Finished products |
429 |
257.4 |
| Merchandise |
8.1 |
- |
| Total |
475.6 |
297.1 |
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Revaluation charges for inventories are presented in the table below:
| |
2012 |
2011 |
| As at 1 January |
2.6 |
0.7 |
| Charge establishment |
24.7 |
2.5 |
| Utilization of charges |
- |
- |
| Reversal of charges |
(2.8) |
(0.6) |
| As at 31 December |
24.5 |
2.6 |
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The establishment and reversal of impairment charge amounts for inventories was recognized in the cost of products, materials and merchandise sold.
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