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© Rolls-Royce Group plc 2004
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14 Stocks
2003
£m
2002
£m
Raw materials
156
187
Work in progress
369
385
Long-term contracts work in progress
117
105
Finished goods
596
755
Payments on account
29
27
1,267
1,459
Progress payments received against:
1
Long-term contracts
(142)
(122)
Other stocks
(163)
(179)
962
1,158
1
Includes payments received from joint ventures
(16)
(18)