14. INVENTORIES

2022

2021

€m

€m

Group

Raw materials & consumables

37.6

38.4

Finished goods & goods for resale

130.6

82.9

Total inventories at lower of cost and net realisable value

168.2

121.3

Inventory write-down recognised within operating costs before exceptional items amounted to €1.1m (FY2021: €0.9m). The inventory write-down in the current and prior financial year was with respect to breakages and write off of damaged and obsolete stock. The Group realised an exceptional credit of €4.1m with respect to inventory (FY2021: €5.8m charge), this related to recoveries on inventory that had been deemed at risk of obsolescence as a consequence of the COVID-19 restrictions.