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18. Inventories
| All figures in £ millions | 2007 | 2006 |
|---|---|---|
| Raw materials | 24 | 26 |
| Work in progress | 30 | 28 |
| Finished goods | 314 | 300 |
| 368 | 354 |
The cost of inventories relating to continuing operations recognised as an expense and included in the income statement in cost of goods sold amounted to £732m (2006: £702m). In 2007 £47m (2006: £46m) of inventory provisions was charged in the income statement. None of the inventory is pledged as security.