Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Inventories

v3.24.0.1
Inventories
12 Months Ended
Dec. 31, 2023
Classes of current inventories [abstract]  
Inventories

20. Inventories

Inventories, shown net of an allowance for obsolete and slow-moving goods, can be analyzed as follows:

 

 

 

At December 31,

 

 

At December 31,

 

 

 

2023

 

 

2022

 

 

 

(EUR thousand)

 

Raw materials

 

 

122,083

 

 

 

106,258

 

Semifinished products

 

 

38,347

 

 

 

30,196

 

Finished products

 

 

113,033

 

 

 

92,994

 

Provision from slow moving and obsolescence

 

 

(18,142

)

 

 

(16,194

)

Total inventories

 

 

255,321

 

 

 

213,254

 

Raw material includes advance paid to suppliers for inventories in the amount of EUR 23,008 thousand and EUR 18,119 thousand at December 31, 2023 and December 31, 2022, respectively.

Changes in the provision for slow moving and obsolete inventories are as follows:

 

 

 

2023

 

 

2022

 

 

 

(EUR thousand)

 

At January 1

 

 

16,194

 

 

 

13,251

 

Provision

 

 

3,353

 

 

 

2,956

 

Utilizations and other changes

 

 

(1,405

)

 

 

(13

)

At December 31

 

 

18,142

 

 

 

16,194