Tecan Annual Report
Tecan Annual Report

23 CONTRACT LIABILITIES

 

31.12.2022

31.12.2023

 

Current

Non-current

Current

Non-current

CHF 1,000

 

 

 

 

Timing of revenue recognition: point in time

 

 

 

 

Advances for products

 47,353 

 7,640 

 29,042 

 5,404 

 

 

 

 

 

Timing of revenue recognition: over time

 

 

 

 

Advances for products

 23,007 

 - 

 25,475 

 - 

Service contracts, including service-type warranties

 29,817 

 3,509 

 27,958 

 3,078 

 

 

 

 

 

Total contract liabilities

 100,177 

 11,149 

 82,475 

 8,482 

 

 

 

 

 

Net increase/(decrease)

 

 12,201 

 

 (13,538) 

Translation differences

 

 (2,078) 

 

 (6,831) 

Total change (current and non-current) compared with previous year

 

 10,123 

 

 (20,369)