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Inventories | 12 Months Ended
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Dec. 31, 2023
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Inventories | 18. Inventories
Million US dollar |  | 31 December 2023 |  |  | 31 December 2022 |
Prepayments |  |  | 120 |  |  |  | 87 |
Raw materials and consumables |  |  | 3 207 |  |  |  | 3 851 |
Work in progress |  |  | 588 |  |  |  | 529 |
Finished goods |  |  | 1 434 |  |  |  | 1 837 |
Goods purchased for resale |  |  | 234 |  |  |  | 308 |
Inventories |  |  | 5 583 |  |  |  | 6 612 |
Inventories other than work in progress |  |  |  |  |  |  |  |
Inventories stated at net realizable value |  |  | 323 |  |  |  | 395 |
The cost of inventories recognized as an expense in 2023 amounts to 27 396m US dollar, included in cost of sales (2022: 26 305m US dollar; 2021: 23 097m US dollar). Impairment losses on inventories recognized in 2023 amount to 110m US dollar (2022: 148m US dollar; 2021: 91m US dollar).

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- Definition The entire disclosure for inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 2 -IssueDate 2023-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=2&code=ifrs-tx-2023-en-r&doctype=Standard&dita_xref=IAS02_g36-39_TI -URIDate 2023-03-23 + Details
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