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Inventories
12 Months Ended
Dec. 31, 2023
Classes of current inventories [abstract]  
Inventories

14 Inventories

Inventories are analysed as follows:

 

 

 

31/12/23

 

 

31/12/22

 

Leather and other raw materials

 

 

17,847

 

 

 

27,003

 

Goods in process

 

 

9,790

 

 

 

10,464

 

Finished goods

 

 

34,450

 

 

 

32,653

 

Total

 

 

62,087

 

 

 

70,120

 

 

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, 2023 and 2022.

 

 

 

31/12/23

 

 

31/12/22

 

Balance at beginning of year

 

 

16,406

 

 

 

15,568

 

Additions

 

 

480

 

 

 

1,819

 

Reductions

 

 

(1,900

)

 

 

(981

)

Balance at end of year

 

 

14,986

 

 

 

16,406

 

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

For the years ended December 31, 2023, 2022 and 2021, inventories of 120,949, 190,023 and 168,492, respectively, were recognised as an expense and included in “cost of sales” (see note 33).

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