Inventories

Inventories
Description20252024
Finished goods198,317232,398
Production in progress247,835260,169
Raw material - feedstock97,91885,770
Spare parts and consumables materials119,141111,378
663,211689,715
Less: Allowance for obsolescence spare parts(19,454)(18,821)
643,757670,894

Inventories

Inventories
Description20252024
Finished goods198,317232,398
Production in progress247,835260,169
Raw material - feedstock97,91885,770
Spare parts and consumables materials119,141111,378
663,211689,715
Less: Allowance for obsolescence spare parts(19,454)(18,821)
643,757670,894

Movement in provision for obsolescence spare parts is as follows:

Provision for obsolete inventories — movement

Provision for obsolete inventories — movement
Description20252024
Opening balance18,82121,761
Additions for the year633573
Reversal for the year1-(3,513)
Closing balance19,45418,821

Provision for obsolete inventories — movement

Provision for obsolete inventories — movement
Description20252024
Opening balance18,82121,761
Additions for the year633573
Reversal for the year1-(3,513)
Closing balance19,45418,821

1 In 2022, inventory and other assets were damaged due to heavy rain in Jeddah. During the year ended December 31, 2024, the Company successfully secured insurance claims of Saudi Riyals 10.13 million and recognised this within “other income”.