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23 Inventories

 
 31-Dec-201031-Dec-2009Change
Raw materials and stock  47,918 41,185 6,733
Intermediate goods46132-86
Finished products744823-79
Advance payments5,1724,928244
Total 53,880 47,068 6,812

Inventories, stated net of an obsolescence provision amounting to Euro 564 thousand (Euro 661 thousand as at 31 December 2009) are mainly comprised of raw materials and stocks. Specifically, these are mainly spare parts and equipment used for the maintenance and running of operating plants and gas stocks.  The change, compared with 31 December 2009, is attributable to higher stocks of gas destined to the domestic market with the beginning of the thermal season. Item “Advance payments", amounting to Euro 5,172 thousand, relates to advance payments on gas supply.

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