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  Pearson Annual Report 1998    

Notes to the Accounts

   
 

15. Stocks

 

  1998 1997

ALL FIGURES IN MILLIONS


     
Raw materials 32 22
Work in progress 126 89
Finished goods 456 268



  614 379



NOTE: The replacement cost of stocks is not materially different from book value.

1998 Annual Report
* Introduction
* Chairman's statement
* Chief Executive's review
* Financial Review
* Financial Policy
* Report of the directors
* Personnel committee report
* Auditors' report
* Consolidated profit and loss account
* Consolidated balance sheet
* Consolidated statement of cash flows
* Statement of total recognised gains and losses
* Note of historical cost profits and losses
* Reconciliation of movements in equity shareholders' funds
* Principal subsidiaries and associates
* Five year summary
* Shareholder information
   
* Notes to the accounts

 

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