Year ended 31 July 2006
16. Inventories
| 2006
£m |
2005
£m |
|
|---|---|---|
| Goods purchased for resale | 1,954 | 1,706 |
£10,007 million has been charged to operating profit in relation to inventories recognised as an expense in the year (2005: £8,182 million). In addition an amount of £32 million has been charged to the income statement to write down inventories to net realisable value (2005: charge of £11 million).
