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INVENTORIES
12 Months Ended
Dec. 31, 2020
INVENTORIES  
INVENTORIES

5— INVENTORIES

December 31, 

    

2020

    

2019

Components, spare parts

6,050

 

4,959

Work-in-progress

226

 

584

Finished goods – own manufactured products

1,283

 

1,737

Finished goods – distribution products

1,994

 

1,981

Total gross inventories

9,552

 

9,262

Less: allowance for slow-moving inventory and net realizable value

(1,563)

 

(1,085)

Total

7,989

 

8,178

The provision for slow moving inventory relates to components and spare parts. The allowance for slow moving inventory (excluding exchange rate impact), the increases in which are classified within cost of sales, amounted to a cost of €651 thousand for the year ended December 31, 2020, a cost of €168 thousand for the year ended December 31, 2019, and a cost of €227 thousand for the year ended December 31, 2018, respectively.