Pearson Annual Report and Accounts 2010 - Notes to the consolidated financial statements

Financial statement
- Group accounts
  - Consolidated income statement
  - Consolidated statement of comprehensive income
  - Consolidated balance sheet
  - Consolidated statement of changes in equity
  - Consolidated cash flow statement
  - Independent auditors’ report to the members of Pearson plc
  - Notes to the consolidated financial statements
- Parent company accounts

Notes to the consolidated financial statements

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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.