Deferred Revenue |
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Dec. 31, 2024 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Revenue [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Deferred Revenue | Note 17 – Deferred Revenue
Deferred revenue, also known as unearned revenue, represents amounts received or invoiced in advance of delivering goods or rendering services. These amounts are recognized as revenue when the performance obligations under the contracts are fulfilled. The Company accounts for deferred revenue in accordance with IFRS –15 - Revenue from Contracts with Customers.
The following is a summary of the sources of deferred revenue:
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