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| All figures in £ millions | 2005 | 2004 | 2003 |
|---|---|---|---|
| Raw materials | 23 | 23 | 19 |
| Work in progress | 43 | 35 | 30 |
| Finished goods | 307 | 256 | 270 |
| Total | 373 | 314 | 319 |
The cost of inventories recognised as an expense and included in the income statement in cost of goods sold amounted to £768m (2004: £700m; 2003: £710m). In 2005 £42m (2004: £41m; 2003: £37m) of inventory provisions were charged in the income statement. None of the inventory is pledged as security.
