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Current and non-current inventories | 12 Months Ended
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Dec. 31, 2023
Current and non-current inventories |
Current and non-current inventories | 9 Current and non-current inventories Current inventories are disclosed as follows:
(€ million) | December 31, 2023 |  |  | December 31, 2022 |
Raw and auxiliary materials and consumables | 1,292 |  |  | 1,228 |
Components and spare parts for drilling operations, plans and equipment | 1,628 |  |  | 1,515 |
Semi-finished, finished products and goods | 3,260 |  |  | 4,962 |
Other | 6 |  |  | 4 |
Current inventories | 6,186 |  |  | 7,709 |
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 segment amounted to €1,490 million (€1,387 million at December 31, 202 2). Semi-finished, finished products and goods included natural gas and oil products for €2,376 million (€3,818 million at December 31, 202 2) and chemical products for €666 million (€790 million at December 31, 202 2). Inventories are stated net of write-down provisions of €583 million (€672 million at December 31, 202 2). Non-current i nventories of €1,576 million (€1,786 million at December 31, 202 2) are held for compliance purposes and related to Italian subsidiaries for €1,555 million (€1,764 million at December 31, 202 2) in accordance with minimum stock requirements for oil and petroleum products set forth by applicable laws. The de crease in current and non-current inventories was essentially due to the decline in oil and hydrocarbons prices.

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- Definition The entire disclosure for inventories. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 2 -IssueDate 2023-01-01 -Section Disclosure -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=2&code=ifrs-tx-2023-en-r&doctype=Standard&dita_xref=IAS02_g36-39_TI -URIDate 2023-03-23 + Details
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