(12)Inventories
Details of inventories at 31 December 2017 and 2016 are as follows:
|
|
|
Thousands of Euros |
|
||
|
|
|
31/12/2017 |
|
31/12/2016 |
|
|
Goods for resale |
|
105,013 |
|
166,272 |
|
|
Raw materials and supplies |
|
454,371 |
|
423,326 |
|
|
Work in progress and semi-finished goods |
|
592,612 |
|
584,279 |
|
|
Finished goods |
|
477,297 |
|
469,054 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,629,293 |
|
1,642,931 |
|
|
|
|
|
|
|
|
Movement in the inventory provision was as follows:
|
|
|
Thousands of Euros |
|
||||
|
|
|
31/12/2017 |
|
31/12/2016 |
|
31/12/2015 |
|
|
|
|
|
|
|
|
|
|
|
Balance at 1 January |
|
33,069 |
|
22,614 |
|
15,888 |
|
|
|
|
|
|
|
|
|
|
|
Net charge for the year |
|
8,232 |
|
8,878 |
|
6,099 |
|
|
Cancellations for the year |
|
(357 |
) |
(20 |
) |
(195 |
) |
|
Translation differences |
|
(5,180 |
) |
1,597 |
|
822 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Balance at 31 December |
|
35,764 |
|
33,069 |
|
22,614 |
|
|
|
|
|
|
|
|
|
|