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ICI » Topics » Stock valuation

This excerpt taken from the ICI 6-K filed Mar 21, 2007.
Stock valuation
Finished goods, raw materials and other stocks are stated at the lower of cost and net realisable value. The first in, first out or an average cost method of valuation is used. In determining cost for stock valuation purposes, depreciation is included but selling expenses and certain overhead expenses are excluded.

This excerpt taken from the ICI 20-F filed Apr 1, 2005.
Stock valuation
Finished goods, raw materials and other stocks are stated at the lower of cost and net realisable value, the first in, first out or an average cost method of valuation is used. In determining cost for stock valuation purposes, depreciation is included but selling expenses and certain overhead expenses are excluded.

This excerpt taken from the ICI 6-K filed Mar 16, 2005.
Stock valuation
Finished goods, raw materials and other stocks are stated at the lower of cost and net realisable value, the first in, first out or an average cost method of valuation is used. In determining cost for stock valuation purposes, depreciation is included but selling expenses and certain overhead expenses are excluded.

EXCERPTS ON THIS PAGE:

6-K
Mar 21, 2007
20-F
Apr 1, 2005
6-K
Mar 16, 2005

RELATED TOPICS for ICI:

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