Notes for P&L

Note 16 Inventories

Accounting policy

Inventories are measured at the lower of cost and net realizable value. The cost of inventories is measured by applying the first-in, first-out method (FIFO) and includes expenses arising in conjunction with the purchase of inventory items and transportation to their current location and condition. Net realizable value is defined as sales price less expenses for completion and selling expenses.

Estimates and judgments

To determine the net realizable value, individual assessments are required regarding the possibility of disposing of the products.

During the year, a write-down of the inventory was made with SEK16 M, posted as Cost of goods sold for discontinuing operations. The write-down was made as FPC is leaving the PC and Mobile segment and has announced "last buy" on these items. The articles have been individually used in PC and Mobile products.

Group, SEK M