6 Inventories
Inventories, with an amount equal to €175 million (€152 million at 31 of December, 2015) are analysed in the table below:
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31.12.2015 |
30.06.2016 |
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(millions of €) |
Gross amount |
Impairment losses |
Net value |
Gross amount |
Impairment losses |
Net value |
Inventories |
|
|
|
|
|
|
- Raw materials, consumables and supplies |
141 |
(7) |
134 |
165 |
(7) |
158 |
- Finished products and merchandise |
50 |
(32) |
18 |
50 |
(33) |
17 |
|
191 |
(39) |
152 |
215 |
(40) |
175 |
The inventories are reported in full on the provision for impairment losses of €40 million (€39 million at 31 of December, 2015). The provision essentially relates to the write down that took place in 2014 (€30 million), of 0.4 billion cubic meters of natural gas used in the gas storage business wrongly taken by some of the service users during 2010 and 20117.
7 With regard to the evolution of on-going judicial procedures, at the date of the present financial statements, there are no significant updates with respect to the situation outlined in the Annual Report 2015 Note 24 “Guarantees, commitments and risks - Disputes and other measures -Recovering receivables from users of the storage system”.