APC 2012 Annual Report Download - page 194

2012 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC192
CONSOLIDATED FINANCIAL STATEMENTS AT DECEMBER31, 2012
5NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
Note17 Inventories and work in progress
Inventories and work in process changed as follows:
Dec.31, 2012 Dec.31, 2011
Cost:
Raw materials 1,478 1,604
Production work in process 323 362
Semi-fi nished and fi nished products 1,512 1,564
Goods 67 75
Solution work in process 106 132
INVENTORIES AND WORK IN PROCESS AT COST 3,486 3,737
Impairment:
Raw materials (200) (191)
Production work in process (8) (10)
Semi-fi nished and fi nished products (169) (167)
Goods (13) (12)
Solution work in process (7) (8)
IMPAIRMENT LOSS (396) (387)
Net:
Raw materials 1,279 1,413
Production work in process 315 353
Semi-fi nished and fi nished products 1,342 1,397
Goods 54 63
Solution work in process 100 124
INVENTORIES AND WORK IN PROCESS, NET 3,090 3,349
Note18 Trade accounts receivable
Dec.31, 2012 Dec.31, 2011*
Accounts receivable 5,310 5,360
Notes receivable 193 185
Advances to suppliers 92 116
Accounts receivable at cost 5,595 5,744
Impairment (306) (259)
Accounts receivable, net 5,289 5,402
Of which:
On time 4,291 4,364
Less than one month past due 395 400
One to two months past due 187 168
Two to three months past due 88 112
Three to four months past due 76 93
More than four months past due 252 265
ACCOUNTS RECEIVABLE, NET 5,289 5,402
* The 2011 fi gures were restated for the item disclosed in note1.2 of the consolidated fi nancial statements.