The reported inventories break down as follows:
Inventories |
|
|
(€ thousand) |
2010 |
2009 |
|
|
|
Materials and supplies |
120,019 |
93,864 |
Work in progress |
72,294 |
57,722 |
Finished goods and merchandise |
337,249 |
317,512 |
Advances paid |
5,967 |
1,729 |
Total inventories |
535,529 |
470,827 |
The increase in inventories as compared to 2009 largely results from the higher volume of business in 2010.