12 – Current assets (XLS:) Download Million € June 30, 2018 Dec. 31, 2017 June 30, 2017 Raw materials and factory supplies 3,411 3,255 3,138 Work in progress, finished goods and merchandise 7,192 6,979 6,743 Advance payments and services in progress 94 69 72 Inventories 10,697 10,303 9,953 Accounts receivable, trade 11,429 11,190 11,520 Other receivables and miscellaneous assets 4,215 3,105 3,880 Marketable securities 38 52 29 Cash and cash equivalents 7,663 6,495 1,849 Assets of disposal groups 481 − − Other current assets 12,397 9,652 5,758 Current assets 34,523 31,145 27,231 Work in progress, finished goods and merchandise are combined into one item due to production conditions in the chemical industry. Services in progress mainly relate to services not invoiced as of the balance sheet date. Inventories are valued using the weighted average cost method. The increase in trade accounts receivable since December 31, 2017, was primarily attributable to seasonal sales volumes growth in the Agricultural Solutions and Performance Products segments. The rise in the item “Other receivables and miscellaneous assets” was largely due to current assets held for arbitrage purposes. back next
