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Inventories (Tables)
12 Months Ended
Dec. 31, 2012
Inventories [Abstract]  
Inventories
                 

 

As of December 31

(in thousands)

 

2012

EUR

   

2011

EUR

 

 

 
     

Raw materials

    307,315       258,712  

Work-in-process

    1,074,042       1,026,872  

Finished products

    742,979       532,556  
     

Inventories, gross

                2,124,336                   1,818,140  

Allowance for obsolescence and/or lower market value

    (267,366)       (193,513)  

 

 
     

Inventories, net

 

    1,856,970       1,624,627  
Allowance for obsolescence and /or lower market values
                 

 

Year ended December 31

(in thousands)

 

2012

EUR

   

2011

EUR

 

 

 
     

Balance at beginning of year

    (193,513)       (189,235)  

Addition for the year

    (130,911)       (60,300)  

Effect of changes in exchange rates

    1,009       (883)  

Utilization of the provision

    56,049       56,905  

 

 
     

Allowance for obsolescence and/or lower market value

 

                 (267,366)                    (193,513)