Inventories
— Inventories are measured at the lower of acquisition
cost (generally the average cost) or manufacturing cost and net
realisable value. Manufacturing costs comprise all costs that are
directly attributable to the manufacturing process, such as direct
material and labor, and production related overheads (based on
normal operating capacity and normal consumption of material,
labor and other production costs), including depreciation
charges. Net realisable value is the estimated selling price in the
ordinary course of the business less applicable variable selling
expenses.