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Inventories
12 Months Ended
Dec. 31, 2024
Inventories [Abstract]  
Disclosure of inventories [text block]
4.1 INVENTORIES
Inventories break down as follows at December 31, 2024 and 2023:
Million euro2023Exchange rateConsolidation scope changesOther2024
Goods purchased for resale20 — — 26 
Raw materials and other supplies303 10 — 30 343 
Bidding and mobilization costs135 — (15)124 
Inventories458 13 — 21 492 
Million euro2022Exchange rateConsolidation scope changesOther2023
Goods purchased for resale24 — — (4)20 
Raw materials and other supplies322 — (27)303 
Bidding and mobilization costs129 (2)— 135 
Inventories476 — (23)458 
Goods purchased for resale relate primarily to the Construction business (EUR 26 million in 2024, compared to EUR 19 million in 2023).
The movement during 2024 in raw materials and other supplies (EUR 40 million) mainly relates to the Construction Division, primarily the US activity for EUR 23 million (EUR 10 million in 2023) and the activity in Spain for an amount of EUR 13 million (EUR -1 million in 2023).
Bidding and mobilization costs are written off systematically as the goods and services relating to the asset are transferred to customers, entailing a variation of EUR 15 million during 2024, particularly in the United States and Canada