See accounting policy in note 36(G).


	2022 $		2021 $
Consumables and reagent		3,662,303		4,404,959
Work in progress		137,106		—
Finished goods		734,663		2,424,267

		4,534,072		6,829,226

In 2022, 2021 and 2020, inventories of $57,442,036, $52,701,330 and $10,412,753, respectively, were recognized as an expense during the year and included in ‘direct costs’.

In addition, inventories have been reduced by $2,055,859 as a result of the write-down to net realizable value. This write-down was recognized as an expense during 2022.

The write-downs are included in ‘direct costs’.

All inventories are expected to be recovered within one year.