Inventories are valued at the lower of weighted average cost and net realisable value. Cost comprises direct costs and, where appropriate, a proportion of attributable production overheads. Net realisable value is the estimated selling price less the estimated costs necessary to make the sale.
Source: Unilever N.V., Annual Report
You have visited 10 password protected pages for free. Others contain data covered by 
.
Sign Up Now to get full access to whole website and cut out all advertisements.
Unilever N.V., Statement of Financial Position, Inventory
USD $ in millions, translated from EUR €
| Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | ||
|---|---|---|---|---|---|---|
 |
Raw materials and consumables | |
|
|
|
|
|
Finished goods and goods for resale | |
|
|
|
|
|
Inventories | |
|
|
|
|
Source: Based on data from Unilever N.V. Annual Reports
| Item | Description | The company |
|---|---|---|
| Raw materials and consumables | The aggregate carrying amount as of the balance sheet date of items held by the entity which are partially completed at the time of measurement and unprocessed items that will go through the production process and become part of the final product. Includes supplies used directly or indirectly in the manufacturing or production process. This element may be used when the reporting entity combines work in process and raw materials into an aggregate amount. | Unilever N.V.'s raw materials and consumables increased from 2009 to 2010 but then slightly declined from 2010 to 2011. |
| Finished goods and goods for resale | Carrying amount as of the balance sheet date of merchandise or goods held by the company that are readily available for sale. | Unilever N.V.'s finished goods and goods for resale increased from 2009 to 2010 and from 2010 to 2011. |
| Inventories | Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). | Unilever N.V.'s inventories increased from 2009 to 2010 and from 2010 to 2011. |
May 24, 2012