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22 Inventories

Raw materials and inventories 64,07968,926(4,847)
Finished products 624 701 (77)
Advance payments  3,134-3,134

"Raw materials and inventories", stated net of an obsolescence provision of EUR 661 thousand (EUR 675 thousand as at 31 December 2011) are comprised mainly of gas stocks, EUR 40,193 thousand (EUR 45,157 thousand as at 31 December 2011) and raw materials and stocks (spare parts and equipment used for maintenance and running of operating plants), equal to EUR 23,886 thousand (EUR 23,769 thousand as at 31 December 2011).
The decrease, compared to 31 December 2011, is attributable to lower stocks in gas due not only to seasonal trends, but also to the absorption of high accumulation previously achieved.

In the first half of 2012, changes in the provision are as follows:

 31-Dec-11AllocationsChanges in scope of consolidationUses and other mov.30-Jun-12
Obsolescence provision for inventories, consumables and goods 675                         -                                    -   (14) 661


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