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CONTRACT ASSETS

12 Months Ended

Dec. 31, 2021

CONTRACT ASSETS

CONTRACT ASSETS

7.    CONTRACT ASSETS

The breakdown of contract assets is as follows:

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​	​	​	​	​
​		2020		2021
Contract assets		1,351		2,588
Allowance for expected credit losses		(112)		(115)
Net		1,239		2,473
Short-term portion		(1,036)		(2,330)
Long-term portion		203		143

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As at January 1, 2020, the opening balances of contract assets amounted to Rp944 billion.

​

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.

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The entire disclosure for contract assets.

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