KGHM POLSKA MIEDŹ S.A.
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KGHM POLSKA MIEDŹ S.A. GROUP

Annual consolidated financial statements

 At
 31 December 201131 December 2010
restated
Materials 307 343 247 187
Half-finished products and work in progress 1 681 837 1 683 819
Finished goods 581 208 209 316
Merchandise 87 865 81 909
Total carrying amount of inventories 2 658 253 2 222 231
 For the period
Write-down of inventories in the financial periodfrom 1 January 2011
to 31 December 2011
from 1 January 2010
to 31 December 2010
restated
Write-down of inventories recognised in cost of sales (11 245) (6 888)
Reversal of write-down recognised in cost of sales 3 409 3 852
Loss of control over subsidiary (16) -
Discontinued operations - (45)
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