Contributions received in advance
26 Contributions received in advance
x € 1 million | 2022 | 2021 |
|---|---|---|
Book value at 1 January | 898 | 809 |
Customer construction contributions received | 107 | 112 |
Customer construction contributions paid | - | -1 |
Revenue recognised | -22 | -22 |
Book value at 31 December | 983 | 898 |
Classification | 2022 | 2021 |
|---|---|---|
Current | 23 | 22 |
Non-current | 960 | 876 |
Total | 983 | 898 |
The short-term deferred revenue is reported under ‘contract liabilities’ in ‘Trade and other liabilities’.
Stedin assessed the useful life of assets in 2022. This also has consequences for the amortisation of the customer construction contributions. For a more information, please refer to section 2.2.10 Property, plant and equipment.
