7. Inventories
|
|
As of December 31, |
||||
|---|---|---|---|---|---|---|
(in thousands of $) |
|
2024 |
|
2023 |
|
2022 |
Raw materials and consumables |
|
337,832 |
|
240,836 |
|
126,046 |
Inventories in process |
|
26,357 |
|
47,074 |
|
65,016 |
Finished goods |
|
43,044 |
|
22,640 |
|
37,291 |
Total inventories |
|
407,233 |
|
310,550 |
|
228,353 |
The cost of inventories, which is recognized under “Cost of sales” in the consolidated statements of profit or loss and the consolidated statements of other comprehensive income or loss, amounted to $168 million for the year ended December 31, 2024 (compared to $101 million for the year ended December 31, 2023 and $29 million for the year ended December 31, 2022).
The Company has pre-launch inventory awaiting regulatory approval amounting to $4.5 million as of the current year end.