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Contract liabilities (non-current and current) (Tables)
 12 Months Ended
Dec. 31, 2021
Contract Liabilities [Abstract]  
Summary of Contract Liabilities

Contract liabilities as at December 31, 2021 and 2020 consist of the following:

 

 

 

31/12/21

 

 

31/12/20

 

Advance payments from customers

 

 

19,206

 

 

 

14,318

 

Deferred income from licensing of Natuzzi’s trademarks

 

 

6,343

 

 

 

6,726

 

Deferred revenue for Natuzzi Display System

 

 

2,178

 

 

 

2,613

 

Deferred revenue for Service-Type Warranty

 

 

475

 

 

 

526

 

Total contract liabilities

 

 

28,202

 

 

 

24,183

 

Less current portion

 

 

(20,797

)

 

 

(16,150

)

Non-current portion

 

 

7,405

 

 

 

8,033