PEARSON PLC | CIK:0000938323 | 3

  • Filed: 4/4/2018
  • Entity registrant name: PEARSON PLC (CIK: 0000938323)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/938323/000119312518106891/0001193125-18-106891-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/938323/000119312518106891/pso-20171231.xml
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    • ifrs-full:DisclosureOfInventoriesExplanatory

    21. Inventories

     

    All figures in £ millions

    		    2017      2016  

    Raw materials

    		      4        5  

    Work in progress

    		      2        6  

    Finished goods

    		      142        224  
      

     

     

    		     

     

     

    		  
         148        235  
      

     

     

    		     

     

     

    		  

    The cost of inventories recognised as an expense and included in the income statement in cost of goods sold amounted to £324m (2016: £340m). In 2017, £38m (2016: £48m) of inventory provisions was charged in the income statement. None of the inventory is pledged as security.