Notes

26. Contract liabilities

in TUSD
2023
2022
Contract liabilities as at 1 January 265,135 2,626,033
Revenue recognised that was included in the contract liability balance at the beginning of the period -212,498 -2,490,606
Increases due to payments made or payments due, excluding amounts received as revenue during the period 410,282 129,708
Contract liabilities as at 31 December 462,919 265,135
Of which current 122,625 233,458
Of which non-current 340,294 31,677

Contract liabilities are recognised if FIFA has received consideration or if the amount is due in advance of FIFA’s performance under a contract. They are recognised as revenue when FIFA satisfies its contractually agreed performance obligations to the customer.

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25. Accrued expenses and deferred income

27. Provisions