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Inventories
 12 Months Ended
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).