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Notes 16-20

16. Inventory

  2009
£m
2008
£m
Goods held for resale 412 417

Inventory is reported net of allowances for obsolescence, an analysis of which is as follows:


 
2009
£m
2008
£m
2007
£m
1 April 118 100 97
Exchange movements 13 11 (2)
Amounts (credited)/charged to the income statement (20) 7 5
31 March 111 118 100

Cost of sales includes amounts related to inventory amounting to £4,853 million (2008: £4,320 million; 2007: £3,797 million).