Notes to the consolidated financial statements – analysis of items in the primary statements

18. Inventories and current intangible assets

  2008
£m
2007
£m
Raw materials and consumables 116 69
Work in progress 16 17
Fuel stocks 178 20
Current intangible assets 145 2
  455 108

£446m of inventories were consumed and recognised within operating costs during the year (2007: £97m; 2006: £58m). The above table includes a £4m provision for obsolescence as at 31 March 2008 (2007: £3m).

Current intangible assets consists of emissions allowances.