IN MILLIONS OF USD |
DEC 31, 2017 | DEC 31, 2016 | ||||||
| Purchased inventories at cost | 192.4 | 171.7 | ||||||
| Inventory allowance | (6.4 | ) | (10.3 | ) | ||||
| Total | 186.0 | 161.4 | ||||||
CASH FLOWS USED FOR INCREASE / FROM DECREASE IN INVENTORIES
IN MILLIONS OF USD |
2017 | 2016 | 2015 | |||||||||
| Balance at January 1 | 171.7 | 155.4 | 114.7 | |||||||||
| Balance at December 31 | 192.4 | 171.7 | 155.4 | |||||||||
| Gross change - at cost | (20.7 | ) | (16.3 | ) | (40.7 | ) | ||||||
| Business combinations (note 6) | – | – | 25.8 | |||||||||
| Utilization of allowances (in prior years: other cash flow effects) | (8.9 | ) | 0.5 | 0.3 | ||||||||
| Currency translation adjustments | 2.7 | 1.6 | (2.5 | ) | ||||||||
| Cash Flow – (increase) / decrease in inventories | (26.9 | ) | (14.2 | ) | (17.1 | ) | ||||||
Cost of sales includes inventories written down to net realizable value and inventory differences of USD 8.5 (2016: 8.4) million.