4 Inventories (XLS:) Download millions of € Dec. 31, 2019 Dec. 31, 2018 Raw materials and supplies 50 56 Work in process 18 20 Finished goods and merchandise 1,500 1,714 1,568 1,790 The carrying amount of inventories decreased year-on-year by EUR 0.2 billion to EUR 1.6 billion, mainly due to the reduction in inventories of mobile devices in the Germany and United States operating segments. Write-downs of EUR 20 million (2018: EUR 42 million, 2017: EUR 27 million) on the net realizable value were recognized in profit or loss in 2019. The carrying amount of inventories expensed during the reporting period was EUR 14,340 million (2018: EUR 14,373 million; 2017: EUR 13,358 million). Finished goods and merchandise primarily comprise retail products (e.g., terminal equipment and accessories) not manufactured by Deutsche Telekom and services rendered but not yet invoiced, primarily to business customers. schließen Retail The sale of goods and services to end users, as opposed to resale or wholesale.
