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Inventories
12 Months Ended
Dec. 31, 2020
Classes Of Inventories [Abstract]  
Inventories

14

Inventories

Inventories are analysed as follows:

 

 

 

31/12/20

 

 

31/12/19

 

Leather and other raw materials

 

 

24,580

 

 

 

24,088

 

Goods in process

 

 

8,852

 

 

 

8,800

 

Finished goods

 

 

30,477

 

 

 

36,797

 

Total

 

 

63,909

 

 

 

69,685

 

 

The following tables summarise the changes to the provision for slow moving and obsolete raw materials and finished goods included in inventories for the years ended December 31, 2020 and 2019.

 

 

 

31/12/20

 

 

31/12/19

 

Balance at beginning of year

 

 

11,855

 

 

 

9,341

 

Additions

 

 

3,371

 

 

 

2,892

 

Reductions

 

 

(2,167

)

 

 

(378

)

Balance at end of year

 

 

13,059

 

 

 

11,855

 

 

The additions and reversals are included in “cost of sales”.

For the years ended December 31, 2020, 2019 and 2018, inventories of 126,580, 153,747 and 184,441, respectively, were recognised as an expense and included in “cost of sales” (see note 32).

There are no pledged inventories that could be limited in their availability.