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Inventories
12 Months Ended
Dec. 31, 2022
Classes of current inventories [abstract]  
Inventories

14 Inventories

Inventories are analysed as follows:

 

 

 

31/12/22

 

 

31/12/21

 

Leather and other raw materials

 

 

27,003

 

 

 

27,006

 

Goods in process

 

 

10,464

 

 

 

14,090

 

Finished goods

 

 

32,653

 

 

 

39,115

 

Total

 

 

70,120

 

 

 

80,211

 

 

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, 2022 and 2021.

 

 

 

31/12/22

 

 

31/12/21

 

Balance at beginning of year

 

 

15,568

 

 

 

13,059

 

Additions

 

 

1,819

 

 

 

3,413

 

Reductions

 

 

(981

)

 

 

(904

)

Balance at end of year

 

 

16,406

 

 

 

15,568

 

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

For the years ended December 31, 2022, 2021 and 2020, inventories of 190,023, 168,492 and 126,580, 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.