Revenue – ifrs 15 handbook

10.5 Customers’ unexercised rights (breakage)
Example 1 – Sale of a prepaid phone card: Entity expects to be entitled to breakage .................................................... 286
Example 2 – Sale of a prepaid phone card: Entity does not expect to be entitled to breakage ....................................... 287
Example 3 – Airline expects ticket breakage and can estimate it reliably ....................................................................... 287
10.6 Non-refundable up-front fees
Example 1 – Non-refundable up-front fees: Annual contract .......................................................................................... 290
Example 2 – Non-refundable up-front fees: Activity does not transfer a good or service ............................................... 293
Example 3 – Non-refundable up-front fees: Investment management services ............................................................ 293
Example 4 – Activation fee in a month-to-month telco wireless contract ....................................................................... 294
10.7 Sales outside ordinary activities
Example 1 – Sale of a single-property real estate .......................................................................................................... 296
11 Presentation
11.1 Statement of financial position
Example 1 – Contract liability and receivable: Cancellable contract ............................................................................... 299
Example 2 – Impairment assessment of contract assets: Variable consideration .......................................................... 304
Example 3 – Impairment assessment of contract assets: Contracts with multiple performance obligations ................. 305
Example 4 – Current vs non-current classification: Contract assets: Telco ..................................................................... 305
Example 5 – Current vs non-current classification: Contract assets: Real estate developer .......................................... 306

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354 | Revenue – IFRS 15 handbook
Example 6 – Current vs non-current classification: Contract assets: Service concession .............................................. 307
Example 7A – Current vs non-current classification: Contract liabilities: Full prepayment for a good that transfers
at a point in time ............................................................................................................................................................ 307
Example 7B – Current vs non-current classification: Contract liabilities: Full prepayment for a good that transfers over 
time ............................................................................................................................................................................... 308
Example 8 – Contract liability and receivable: Non-cancellable contract ........................................................................ 308
Example 9A – Recognising receivables: Compensation on termination .........................................................................311
Example 9B – Recognising receivables: Milestone payments ....................................................................................... 312
Example 10 – Recognising receivables: Variable consideration ...................................................................................... 312