Tecan Annual Report
Tecan Annual Report

23  CONTRACT LIABILITIES

 

31.12.2021

31.12.2022

 

Current

Non-current

Current

Non-current

CHF 1,000

 

 

 

 

Timing of revenue recognition: point in time

 

 

 

 

  Advances for products

50,680

11,931

47,353

7,640

 

 

 

 

 

Timing of revenue recognition: over time

 

 

 

 

  Advances for products

9,675

 - 

23,007

 - 

  Service contracts, including service-type warranties

24,663

4,254

29,817

3,509

 

 

 

 

 

Total contract liabilities

85,018

16,185

100,177

11,149

 

 

 

 

 

Acquisition through business combination

 

15,314 

 

-

Net increase

 

608

 

12,201

Translation differences

 

 (93) 

 

(2,078) 

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

 

15,829

 

10,123