| EUR '000 | 30/06/2019 | 30/06/2018 | ||
|---|---|---|---|---|
| 
 | 
 | 
 | ||
| Inventories/merchandise | 5,235 | 5,992 | ||
| Less write-downs | -666 | -404 | ||
| Net inventories | 4,569 | 5,588 | 
The carrying amount of inventories carried at fair value less costs to sell was EUR 553 thousand (previous year: EUR 384 thousand).
Impairments of inventories are carried in the cost of materials.