Integrated Report 2023

24. Inventories

31.12.2023 31.12.2022
Materials 360,186 518,708
Work in progress 176,082 196,812
Finished products 201,976 257,940
Trade goods 6,374 11,688
Total 744,618 985,148

Inventories did not secure loans or other debts.

In 2023 the Group recognised write-downs of trade goods and materials amounting to PLN 3,584,000 (reflected as materials consumption adjustment) as well as PLN 6,697,000 of write-downs with regard to the value of finished products and semi-products (reflected as materials consumption adjustment).

In 2022 the Group recognised write-downs of materials amounting to PLN 1,916,000 (reflected as materials consumption adjustment) as well as PLN 7,055,000 write-downs with regard to the value of finished products and semi-products (reflected as an adjustment in the balance of products).

Write-downs 31.12.2023 31.12.2022
Materials (18,589) (16,143)
Work in progress (2,315) (5,136)
Finished products (17,127) (21,273)
Trade goods (1,070) (1,119)
Total write-downs of inventories (39,101) (43,671)

Below presented is the information on inventories recognised as cost upon their sale.

2023 2022
Value of products sold 3,320,881 3,833,744
Value of resold materials and trade goods 435,068 414,764
Total 3,755,949 4,248,508