Inventories

Inventories consisted of the following:

2014 г. 2013 г.
Raw materials 288 597 287 247
Work in process 344 731 467 909
Finished goods and finished goods in transit 268 246 368 857
Goods for resale 4 377 6 677
Supplies 164 185 216 681
Gross inventories 1 070 136 1 347 371
Allowance for net realisable value of inventory (23 229) (22 896)
Net inventories 1 046 907 1 324 475

The amount of inventories carried at net realisable value was 290,851 as at December 31, 2014 (December 31, 2013: 343,047).

As at December 31, 2014, certain items of inventory with a carrying amount of 40,489 were pledged as security for borrowings (December 31, 2013: 100,000).

The following table summarises the changes in the allowance for net realisable value of inventory:

2014 г. 2013 г.
Balance at the beginning of the year 22 896 23 044
Increase in allowance 8 782 1 008
Currency translation adjustments (8 449) (1 156)
Balance at the end of the year 23 229 22 896