The cost of inventories recognized as an expense and included in “cost of sales” amounted to € 701 million (2019: € 672 million). There are no inventories pledged for security, nor is there any inventory stated at net realizable value. The write-down on inventories amounted to € 16 million in 2020 (2019: € 9 million) and has been included in cost of sales. Total inventory increased by € 74 million and related to increase of Core products.