| 28. | Deferred revenue | |||||||||||||||||||||||||||||||||||
Deferred revenue recognised at the beginning of the year At the end of the prior year, R1 696 million (31 March 2021: R1 754 million) for Group and R1 587 million (31 March 2021: R1 616 million) for Company, was recognised as a current liability. The total revenue recognised in the current year, which related to carried forward deferred revenue associated to installation fee revenue and revenue payable in advance, is disclosed in the table below. The closing balance represents new contracts entered into where the performance obligations have not yet been met at year-end. The amounts recognised as a contract liability will generally be utilised within the next reporting period. |
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