Header Relazione

This item totalled /000 492,258, compared to /000 474,888 for the first half of 2010.

The percentage of costs accounting for net revenues went up from 57.9% in the first half of 2010 to 59.3% in the current period, due to the greater impact of total production on commercial vehicles, particularly those for the Indian market, where the percentage accounting for turnover was higher than the Group average, considering that engines are currently sourced from external suppliers and the lower impact of manpower. The following table details the content of this financial statement item:

In thousands of Euros 1st half of 2011 1st half 2010 Change
Raw, ancillary materials, consumables and goods 512,295 491,552 20,743
Change in inventories of raw, ancillary materials, consumables and goods (25,186) (17,673) (7,513)
Change in work in progress of semifinished and finished products 5,149 1,009 4,140
Total costs for purchases 492,258 474,888 17,370

This item includes /000 20,751 for costs relative to purchases of scooters from the Chinese subsidiary Zongshen Piaggio Foshan, which are sold on European and Asian markets.