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Inventories
12 Months Ended
Dec. 31, 2017
Text block1 [abstract]  
Inventories

21. Inventories

 

All figures in £ millions

   2017      2016  

Raw materials

     4        5  

Work in progress

     2        6  

Finished goods

     142        224  
  

 

 

    

 

 

 
     148        235  
  

 

 

    

 

 

 

The cost of inventories recognised as an expense and included in the income statement in cost of goods sold amounted to £324m (2016: £340m). In 2017, £38m (2016: £48m) of inventory provisions was charged in the income statement. None of the inventory is pledged as security.