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Current and non-current inventories | 12 Months Ended
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Dec. 31, 2022
Current and non-current inventories |
Current and non-current inventories | 9 Current and non-current i nventories Current inventories are disclosed as follows:
(€ million) |  | December 31, 2022 |  |  | December 31, 2021 |
Raw and auxiliary materials and consumables |  | 1,228 |  |  | 1,001 |
Components and spare parts for drilling operations, plans and equipment |  | 1,515 |  |  | 1,611 |
Finished products and goods |  | 4,962 |  |  | 3,452 |
Other |  | 4 |  |  | 8 |
Current inventories |  | 7,709 |  |  | 6,072 |
Raw and auxiliary materials and consumables include oil-based feedstock and other consumables pertaining to refining and chemical activities. Components to be consumed in drilling activities and spare parts of the Exploration & Production se gment amounted to €1,387 million (€1,481 million at December 31, 202 1). Finished products and goods included natural gas and oil products for €3,818 million (€2,414 million at December 31, 202 1) and chemical products for €790 million (€626 million at December 31, 202 1). Inventories are stated net of write-down provisions of €672 million (€570 million at December 31, 202 1). Non-current i nventories of €1,786 million (€1,053 million at December 31, 2021) are held for compliance pu rposes and related to Italian subsidi aries for €1,764 million (€1,032 million at December 31, 202 1) in accordance with minimum stock requirements for oil and petroleum product s set forth by applicable laws. The increase in current and non-current inventories was essentially due to the recovery in oil and hydrocarbons prices. Natural gas i nventories of €750 million were pledged to guarantee the potential imbalance exposure towards Snam SpA.

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