Inventories comprise the following items: |
NOK million | 2015 | 2014 |
Inventory of harvest | 69 | 2 |
Inventory of trawl equipment, apare parts and bunkerage on board | 31 | 39 |
Total | 100 | 41 |
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An amount of NOK 100 million included in total inventories is mortgaged, see Note 21. As of 31 December 2015 the HAVFISK group's inventories were valued at the lower of fair value less costs to sell and production cost. |
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Of HAVFISK's total consolidated inventories as of 31 December 2015, NOK 31 million is recognised at fair value less costs to sell. The remaining inventories are recognised at full production cost. |