19. Inventories

in thousands of EUR	31 December 2017	31 December 2016

Finished goods	368,515	311,651
Provision for obsolete inventory	- 18,779	- 18,672
	349,736	292,979

An amount of €9,773 (2016: €9,031) has been recognized in the Income Statement relating to obsolete inventories in ’Cost of sales and directly related costs’.