NOTES TO THE CONSOLIDATED ANNUAL FINANCIAL STATEMENTS l NOTE 12
    2014
Rm
    2013
Rm
 
12. Inventories          
  New vehicles 7 515     6 183  
  Used vehicles 3 557     3 215  
  Spares, accessories and finished goods 1 673     1 436  
  Fast moving consumer goods 640     266  
  Merchandise 192     191  
  Work in progress 107     111  
  Fuel and oil 90     90  
    13 774     11 492  
  Inventories carried at net realisable value included above 7 124     3 550  
  Net amount of inventory write-down expensed in profit or loss 318     62  
  Certain inventories have been encumbered as security for interest-bearing borrowings amounting to R417 million (2013: R435 million), refer to note 21.