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5 Inventories

Inventories of €523 million (€518 million at 31 December 2014) are analysed in the table below:

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31.12.2014

30.06.2015

(€ million)

Gross amount

Impairment losses

Net value

Gross amount

Impairment losses

Net value

Inventories (current assets)

191

(36)

155

196

(36)

160

- Raw materials, consumables and supplies

131

(6)

125

136

(6)

130

- Finished products and merchandise

60

(30)

30

60

(30)

30

Compulsory inventories (non-current assets)

363

 

363

363

 

363

 

554

(36)

518

559

(36)

523

Inventories (current assets)

These are reported net of the provision for impairment losses of €36 million (the same as at 31 December 2014). This provision relates mainly to the impairment loss (€30 million), recorded in 2014, on 0.4 billion cubic metres of natural gas used as part of the storage activities in relation to strategic gas unduly withdrawn by some users of the service during 2010 and 2011.

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