Note 36. Revenue recognition from contracts with customers
| Intäkter från avtal med kunder | ||||
| MSEK | Koncernen | |||
| MSEK | 2024 | 2023 | ||
| Revenue recognition from contracts with customers | ||||
| Consolidated | ||||
| SEK millions | 2024 | 2023 | ||
| Resultaträkningen | Income statement | |||
| Nettoomsättning från: | Net sales from: | |||
| Avtal med kunder | Contracts with customers | 66,954 | 63,355 | |
| Leasing | Leasing | – | 243 | |
| Total nettoomsättning | Total net sales | 66,954 | 63,598 | |
| Nettoomsättning från avtal med kunder med en avtalstid om: | Net sales from contracts with customers with a contract duration of: | |||
| ≤ 1 år | ≤ 1 year | 52,135 | 50,403 | |
| > 1 år | > 1 year | 14,820 | 12,952 | |
| Totalt | Total | 66,954 | 63,355 | |
| Prestationsåtaganden mot kunder som uppfyllts: | Performance obligations towards customers satisfied: | |||
| vid en viss tidpunkt | at a point in time | 54,673 | 52,535 | |
| över tid | over time | 12,282 | 10,820 | |
| Totalt | Total | 66,954 | 63,355 | |
| Tilläggsinformation | Additional information | |||
| Nettoomsättning: | Net sales: | |||
| inkluderad i avtalsskuld 1 januari | included in contract liability at January 1 | 5,344 | 6,336 | |
| från prestationsåtaganden som uppfyllts eller delvis uppfyllts under tidigare perioder | from performance obligations satisfied or partially satisfied in previous periods | 1,421 | 930 | |
| Avtalsbalanser | Contract balances | |||
| Kund- och växelfordringar, avtal med kunder (not 22) | Accounts and notes receivables, contracts with external customers (Note 22) | 10,258 | 10,610 | |
| Avtalstillgångar, ej fakturerade (not 23) | Contract assets, not invoiced (Note 23) | 4,000 | 2,576 | |
| Avtalsskulder: | Contract liabilities: | |||
| – Förutbetalda intäkter, fakturerade (not 30) | – Prepaid income, invoiced (Note 30) | 2,298 | 2,455 | |
| – Förskottsbetalningar från kunder | – Advance payments from customers | 10,595 | 7,975 | |
Net sales per Business Division, per geography and per product is shown in Note 1, 2 and 3. Since customer contracts account for 100 (99.6) percent of net sales and leasing only – (0.4) percent, the figures for net sales are presented in total in these notes and not separately for customer contracts.
A contract asset is Alfa Laval’s right to receive compensation for goods or services transferred to a customer when Alfa Laval has fulfilled the agreed performance obligations. This can include obligations that have not yet been invoiced (unbilled receivables) as well as inventory related to revenue recognized over time (such as work in progress). A contract asset related to work in progress refers to the right to payment for this work, which is dependent on Alfa Laval fulfilling its agreed obligations.
A contract liability is Alfa Laval’s obligation to transfer goods or services to a customer for which Alfa Laval has received, or will receive, compensation from the customer. This can include advance payments from customers or prepaid revenue for invoiced but not yet fulfilled performance obligations.