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CONTRACT ASSETS
 12 Months Ended
Dec. 31, 2020
CONTRACT ASSETS.  
CONTRACT ASSETS

7.    CONTRACT ASSETS

The breakdown of contract assets is as follows:

 

 

 

 

 

 

    

2019

    

2020

Contract assets

 

1,097

 

1,351

Allowance for expected credit losses

 

(153)

 

(112)

Net

 

944

 

1,239

Short term portion

 

(629)

 

(1,036)

Long term portion

 

315

 

203

 

Management believes that the allowance for expected credit losses is adequate to cover losses on uncollectible contract asset.

 

Refer to Note 32 for details of related party transactions.