Note 5 - Inventories

12 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Inventory Disclosure [Text Block]

5—INVENTORIES

Inventories consist of the following:

	December 31,
	2016			2015
Components, spare parts		4,683			4,085
Work-in-progress		809			676
Finished goods		3,342			2,118
Total gross inventories		8,834			6,879
Less: provision for slow-moving inventory		(804	)		(728	)
Total		8,030			6,151

The provision for slow moving inventory relates to components and spare parts. The allowance for slow moving inventory, the changes in which are classified within cost of sales, amounted to a cost of

€55

thousand for the year ended

December

31,

2016,

an income of

€8

thousand for the year ended

December

31,

2015,

and a cost of

€34

thousand for the year ended

December

31,

2014,

respectively.