Inventories can be broken down as follows:
|
(in thousands of euro) |
31.12.2010 |
31.12.2009 |
|
Raw materials, secondary materials and consumables |
72,084 |
56,611 |
|
Work in progress and semi-finished goods |
12,176 |
16,828 |
|
Finished goods and merchandise |
66,859 |
82,539 |
|
Advance payments |
164 |
172 |
|
Total |
151,283 |
156,150 |
The value of stocks is shown net of any write-down made either in past periods or in this current one and takes into account the degree of obsolescence of finished goods, merchandise and secondary materials.