SCH2017_DRF_EN_Livre.indb

5 Consolidated financial statements at December 31, 2017 Notes to the consolidated financial statements

Inventories and work in progress

NOTE 17

Inventories and work in progress changed as follows:

Dec. 31, 2017

Dec. 31, 2016

COST Raw materials

1,218

1,247

Production work in progress

263

277

Semi-finished and finished products

1,142

1,146

Goods

407 135

416 154

Solution work in progress

INVENTORIES AND WORK IN PROGRESS AT COST

3,165

3,240

IMPAIRMENT Raw materials

(154)

(162)

Production work in progress

(5)

(7)

Semi-finished and finished products

(150)

(176)

Goods

(7) (5)

(11)

Solution work in progress IMPAIRMENT LOSS

(8)

(321)

(364)

NET Raw materials

1,064

1,085

Production work in progress

258 992 400 130

270 970 405 146

Semi-finished and finished products

Goods

Solution work in progress

INVENTORIES AND WORK IN PROGRESS, NET

2,844

2,876

Trade accounts receivable

NOTE 18

Dec. 31, 2017

Dec. 31, 2016

Accounts receivable

5,833

5,957

Notes receivable

293 115

257 123

Advances to suppliers

Accounts receivable at cost

6,241 (478) 5,763

6,337 (408) 5,929

Impairment

Accounts receivable, net

Of which: On time

4,880

5,028

Less than one month past due One to two months past due Two to three months past due Three to four months past due More than four months past due ACCOUNTS RECEIVABLE, NET

408 181

420 169

81 74

96 62

139

154

5,763

5,929

2017 REGISTRATION DOCUMENT SCHNEIDER ELECTRIC

255