Operating consumption

This heading includes purchases made during the year of merchandise, raw materials and other current acquisitions of goods made from third parties.

The purchase price will include the price stated on the invoice plus all additional costs incurred until the goods are in the warehouse, such as transport, customs, insurance, etc.

The cost of production of products manufactured by the company itself will be determined by adding to the purchase price of raw materials and other consumables, the costs directly attributable to the product, as well as the reasonably corresponding part of the indirect costs incurred during the manufacturing process.

For the valuation of stock, the weighted average cost and FIFO (first in, first out) will be accepted as valuation criteria for homogeneous groups of stock.