Pearson

Annual Report and Accounts 2010

Notes to the consolidated financial statements

< Previous 20. Intangible assets – Pre-publication
Next > 22. Trade and other receivables

21. Inventories

All figures in £ millions 2010 2009
Raw materials 34 32
Work in progress 19 23
Finished goods 376 390
429 445

The cost of inventories relating to continuing operations recognised as an expense and included in the income statement in cost of goods sold amounted to £836m (2009: £843m). In 2010 £87m (2009: £75m) of inventory provisions was charged in the income statement. None of the inventory is pledged as security.