Notes to the annual financial statements

for the year ended 30 September

 
 
    Group     Company  
    2010  
Rm  
  2009  
Rm  
  2010  
Rm  
  2009  
Rm  
17.   INVENTORY AND CONTRACTS IN PROGRESS                
  Raw materials and components   223,6     208,1     69,6     49,3  
  Finished goods   299,7     238,5     86,6     80,8  
  Merchandise   227,3     214,4     195,4     178,5  
  Consumable stores   6,8     6,1     0,1     —  
  Contracts and other work-in-progress   222,4     147,1     60,9     31,4  
    979,8     814,2     412,6     340,0  
  Provision against inventory   (116,5)    (118,0)    (61,4)    (79,3) 
    863,3     696,2     351,2     260,7  
  The value of inventory has been determined on the following bases:                
  First-in, first-out   537,8     432,9     316,8     242,5  
  Weighted average cost   108,0     115,9     20,1     —  
  Standard cost   197,2     134,6     9,0     12,3  
  Net realisable value   20,3     12,8     5,3     5,9  
    863,3     696,2     351,2     260,7  
  Write-down of inventory recognised in the income statement (refer to note 2 4,2     47,6     3,9     1,2