14. INVENTORIES

2021

2020

€m

€m

Group

Raw materials & consumables

38.4

46.2

Finished goods & goods for resale

82.9

99.6

Total inventories at lower of cost and net realisable value

121.3

145.8

An analysis of the Group’s raw material cost of goods sold/bought in finished goods is provided in note 2 to the consolidated financial statements.

Inventory write-down recognised within operating costs before exceptional items amounted to €0.9m (FY2020: €2.2m). 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 incurred exceptional charges of €5.8m with respect to inventory (FY2020: €10.6m), this related to inventory that became obsolete as a consequence of the COVID-19 restrictions.