NOTE 6 — INVENTORIES


	2018	2017
Finished products	3,985,964	3,026,556
Work in progress	1,688,794	1,302,152
Raw materials	2,296,074	1,703,013
Storeroom supplies	784,517	298,100
Imports in transit	426,044	375,139
(-) Allowance for adjustments to net realizable value	(13,704)	(3,556)
	9,167,689	6,701,404

The allowance for adjustment to net realizable value of inventories, on which the provision and write-offs are registered with impact on cost of sales, is as follows:


Balance as of January 1, 2016		(101,121)
Provision for the year		(62,899)
Reversal of adjustments to net realizable value		94,391
Loss of control by selling of subsidiary		30,105
Exchange rate variation		10,711
Balance as of December 31, 2016		(28,813)
Provision for the year		(26,545)
Reversal of adjustments to net realizable value		46,740
Loss of control by joint venture creation		392
Assets held for sale		881
Exchange rate variation		3,789
Balance as of December 31, 2017		(3,556)
Provision for the year		(11,943)
Reversal of adjustments to net realizable value		3,715
Exchange rate variation		(871)
Assets held for sale		(1,049)
Balance as of December 31, 2018		(13,704)