Notes to the Financial Statements Hilti Corporation (7) Inventories in CHF million 22002200 2019 Raw materials 16.5 18.3 Consumables 9.1 9.0 Production in progress 6.6 6.7 Finished products and goods held for resale 115.9 127.0 Total inventories 114488..11 116611..00 The decrease in total inventories includes a decrease in the provision for inventories of CHF 6.4 million (2019: decrease of CHF 6.6 million), which is optional under PGR and tax rules. The total amount for this provision amounts to CHF 73.2 million (2019: CHF 79.6 million). (8) Trade and other receivables in CHF million 22002200 2019 Short-term Long-term TToottaall Short-term Long-term TToottaall Trade accounts receivables from third parties 17.8 – 17.8 25.0 – 25.0 Trade accounts receivables from Group companies 641.3 – 641.3 616.4 – 616.4 Total trade accounts receivables 665599..11 –– 665599..11 664411..44 –– 664411..44 Other accounts receivables from third parties 18.6 – 18.6 11.9 – 11.9 Other accounts receivables from Group companies 42.9 – 42.9 34.7 – 34.7 Total other accounts receivables 6611..55 –– 6611..55 4466..66 –– 4466..66 Total trade and other receivables 772200..66 –– 772200..66 668888..00 –– 668888..00 The contractual maturity of short-term receivables is less than one year and for long-term receivables over one year. (9) Equity in CHF million Share Legal Foreign Retained TToottaall capital reserves currency earnings eeqquuiittyy translation reserve Equity at January 1, 2020 112266..77 110088..44 ((1177..11)) 22,,661111..88 22,,882299..88 Dividend paid – – – (294.0) (294.0) Foreign currency translation differences – – (0.3) – (0.3) Net income – – – 343.4 343.4 Equity at December 31, 2020 112266..77 110088..44 ((1177..44)) 22,,666611..22 22,,887788..99 The share capital consists of 253,440 registered shares with a par value of CHF 500 each. The currency translation differences arise from the inclusion of the income statement and balance sheet items of plant Thüringen, Austria, which are denominated in euro. The foreign currency translation reserve comprises the accumulated foreign currency gains and losses recognized in equity since 2003. 2020 Financial Report | 81