12 – Current Assets

Current assets (Million €)

 

June 30, 2021

December 31, 2020

June 30, 2020

Raw materials and factory supplies

3,716

3,105

3,463

Work in progress, finished goods and merchandise

7,355

6,784

7,237

Advance payments and services in progress

84

121

97

Inventories

11,155

10,010

10,797

Accounts receivable, trade

12,600

9,466

9,403

Loans and interest receivables

207

123

186

Derivatives with positive fair values

531

414

554

Receivables from bank acceptance drafts

443

288

225

Prepaid expenses

312

257

329

Tax refund claims

1,406

1,158

1,519

Precious metal trading items

2,447

1,604

1,131

Other

941

829

817

Other receivables and miscellaneous assets

6,287

4,673

4,761

Marketable securities

208

207

350

Cash and cash equivalents

2,869

4,330

5,212

Assets of disposal groups

1,182

4,690

Other current assets

9,364

10,392

15,013

Current assets

33,119

29,868

35,213

Work in progress, finished goods and merchandise are combined into one item due to production conditions in the chemical industry. Services in progress mainly relate to services not invoiced as of the balance sheet date.

The increase in trade accounts receivable over December 31, 2020, was primarily attributable to seasonal sales volumes growth in the Agricultural Solutions segment, to higher demand and to increased raw materials prices.