16. | INVENTORIES |
| | As of December 31, | | ||||
| | 2017 | | 2016 | | ||
| | RMB’000 | | RMB’000 | | ||
Raw materials | | | 20,896 | | | 21,909 | |
Work in progress | | | 5,206 | | | 5,657 | |
Finished goods | | | 165,565 | | | 185,176 | |
| | | 191,667 | | | 212,742 | |
| | For the years ended December 31, | | |||||||
| | 2017 | | 2016 | | 2015 | | |||
| | RMB’000 | | RMB’000 | | RMB’000 | | |||
Carrying amount of inventories sold | | | 774,171 | | | 748,778 | | | 884,053 | |
(Reversal of) write down of inventories (included in cost of sales) | | | (2,733) | | | 75,078 | | | 7,667 | |
| | | 771,438 | | | 823,856 | | | 891,720 | |
| | | | | | | | | | |
Write down of inventories (included in administrative expenses) | | | - | | | - | | | - | |