XML 82 R22.htm IDEA: XBRL DOCUMENT

Inventories

12 Months Ended

Dec. 31, 2014

8. Inventories

Inventories are stated at the lower of cost or market and comprise:

	December 31,	December 31,
	2014	2013
	$’M	$’M
	____________	____________
Finished goods	136.0	156.6
Work-in-progress	305.3	240.5
Raw materials	103.5	58.2
	____________	____________
	544.8	455.3
	____________	____________

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

+ References+ Details