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Provisions | 12 Months Ended
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Dec. 31, 2023
Provisions [abstract] |
Provisions | 17. PROVISIONS Details of the provisions are as follows:
At December 31, 2023 |  | Non-current |  |  |  |  |  | Current |  |  |  |
(In thousand Euros) |  | Other |  |  | Service warranties |  |  | Total Non-current |  |  | Service warranties |  |  | Total Current |
Carrying amount at the beginning of the year |  |  | 120 |  |  |  | 1,319 |  |  |  | 1,439 |  |  |  | 1,318 |  |  |  | 1,318 |
Business combinations (Note 6) |  |  | 10,405 |  |  |  | — |  |  |  | 10,405 |  |  |  | — |  |  |  | — |
Charge / (Credit) to results: |  |  | 1,127 |  |  |  | 865 |  |  |  | 1,992 |  |  |  | 434 |  |  |  | 434 |
(+) additional provisions recognized (net) |  |  | 1,245 |  |  |  | 3,060 |  |  |  | 4,305 |  |  |  | — |  |  |  | — |
(+/-) Short-term transferred |  |  | — |  |  |  | (1,752 | ) |  |  | (1,752 | ) |  |  | 1,752 |  |  |  | 1,752 |
(-) Amounts used during the year |  |  | (118 | ) |  |  | (443 | ) |  |  | (561 | ) |  |  | (1,318 | ) |  |  | (1,318 | )
Carrying amount at year end |  |  | 11,652 |  |  |  | 2,184 |  |  |  | 13,836 |  |  |  | 1,752 |  |  |  | 1,752 |
At December 31, 2022 |  | Non-current |  |  |  |  |  | Current |  |  |  |
(In thousand Euros) |  | Other |  |  | Service warranties |  |  | Total Non-current |  |  | Service warranties |  |  | Total Current |
Carrying amount at the beginning of the year |  |  | 4 |  |  |  | 358 |  |  |  | 362 |  |  |  | 541 |  |  |  | 541 |
Charge / (Credit) to results: |  |  | 116 |  |  |  | 961 |  |  |  | 1,077 |  |  |  | 777 |  |  |  | 777 |
(+) additional provisions recognized (net) |  |  | 117 |  |  |  | 2,935 |  |  |  | 3,052 |  |  |  | — |  |  |  | — |
(+/-) Short-term transferred |  |  | — |  |  |  | (1,416 | ) |  |  | (1,416 | ) |  |  | 1,415 |  |  |  | 1,415 |
(-) Amounts used during the year |  |  | (1 | ) |  |  | (558 | ) |  |  | (559 | ) |  |  | (638 | ) |  |  | (638 | )
Carrying amount at year end |  |  | 120 |  |  |  | 1,319 |  |  |  | 1,439 |  |  |  | 1,318 |  |  |  | 1,318 |
Service warranties Products developed and sold by the Group are under warranty for a period of three years and, therefore, a provision is made annually to cover the estimated costs that could be incurred in relation to projects and products under warranty at year end. This provision is calculated based on an estimate of warranty costs incurred and their relation to the volume of sales under warranty. Other provisions As of December 31, 2023, “Other” provisions caption includes mainly the contingent consideration (earn-out) related to Ares and put option liability related to ABL acquisition (Note 6) amounting to Euros 11,341 thousand and a provision for indemnities or an amount of Euros 311 thousand.

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- Definition The disclosure of provisions. [Refer: Provisions] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2023-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2023-en-r&anchor=para_10_e&doctype=Standard -URIDate 2023-03-23 + Details
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