13. Inventories
| CHF million | 
 | 2022 | 
 | 2021 | 
|---|---|---|---|---|
| Raw material | 
 | 163.2 | 
 | 134.1 | 
| Packaging material | 
 | 144.7 | 
 | 113.0 | 
| Semi-finished and finished products | 
 | 652.3 | 
 | 593.8 | 
| Inventory reserves | 
 | – 84.6 | 
 | – 79.3 | 
| Total | 
 | 875.6 | 
 | 761.6 | 
In 2022, CHF 22.3 million (CHF 18.1 million in prior year) of the inventory reserve that existed as of year-end 2021 has been credited to the income statement.