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Contract liabilities (non-current and current) (Tables)
 12 Months Ended
Dec. 31, 2020
Contract Liabilities [Abstract]  
Summary of Contract Liabilities

Contract liabilities as at December 31, 2020 and 2019 consist of the following:

 

 

 

31/12/20

 

 

31/12/19

 

Advance payments from customers

 

 

14,318

 

 

 

11,821

 

Deferred income from licensing of Natuzzi’s trademarks

 

 

6,726

 

 

 

7,108

 

Deferred revenue for Natuzzi Display System

 

 

2,613

 

 

 

3,369

 

Deferred revenue for Service-Type Warranty

 

 

526

 

 

 

805

 

Total contract liabilities

 

 

24,183

 

 

 

23,103

 

Less current portion

 

 

(16,150

)

 

 

(14,014

)

Non-current portion

 

 

8,033

 

 

 

9,089