26. Inventories

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€ million

30/9/2015

30/9/2016

Food merchandise

1,922

1,973

Non-food merchandise

3,516

3,482

 

5,439

5,456

Inventories can be broken down by segments as follows:

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€ million

30/9/2015

30/9/2016

METRO Cash & Carry

2,309

2,262

Media-Saturn

2,322

2,393

Real

807

789

Others

1

12

 

5,439

5,456

Inventories increased by €17 million from €5,439 million to €5,456 million. The currency-adjusted increase was €7 million.

Of this, €25 million is due to the implementation of the multichannel strategy in the Media-Saturn segment and €17 million to the acquisition of the RTS group in Germany. Higher inventories in Turkey and Italy accounted for €27 million and €20 million, respectively. In the METRO Cash & Carry segment, higher demand and several new openings in Russia added €23 million to inventories while the inclusion of the Rungis group added €5 million.

Material offsetting effects were recorded at METRO Cash & Carry in Germany (€69 million) and in the Netherlands (€13 million) as well as at Real (€18 million) and Media-Saturn in Sweden (€11 million).

Positive currency effects from the Russian rouble (€17 million) and the Kazakhstani tenge (€8 million) mitigated the negative development of the Chinese renminbi (€−10 million) and the Ukrainian hryvnia (€−6 million).

Inventories include impairments of €207 million (30/9/2015: €202 million).