21. Inventories
Inventories are analyzed as follows:
|
(thousands of Euro) |
12.31.2008 |
12.31.2007 |
|
Raw materials, other materials and consumables |
94,610 |
90,705 |
|
Work in progress and semi-finished products |
50,786 |
49,556 |
|
Finished products |
211,170 |
193,709 |
|
Advances to suppliers |
2,372 |
2,093 |
|
Total |
358,938 |
336,063 |
The valuation of closing inventories at weighted average cost is not appreciably different from their value at current purchase cost.
Inventories are stated net of the write-down provision. Movements in the write-down provision are as follows:
|
(thousands of Euro) |
12.31.2007 |
Additions |
Uses |
Translation differences and other movements |
12.31.2008 |
|
Raw materials, other materials and consumables |
4,908 |
6,432 |
(4,780) |
(122) |
6,438 |
|
Work in progress and semi-finished products |
530 |
1,330 |
(530) |
- |
1,330 |
|
Finished products |
17,661 |
11,978 |
(14,211) |
1,389 |
16,817 |
|
Total |
23,099 |
19,740 |
(19,521) |
1,267 |
24,585 |