Common use of DEFERRED REVENUE Clause in Contracts

DEFERRED REVENUE. Deferred revenue, which consists primarily of deferred revenue from prepaid service fees received from subscribers, less revenue recognised in the combined profit and loss accounts up to respective balance sheet dates. Revenue from prepaid service fees is recognised when the cellular services are rendered.

Appears in 1 contract

Sources: Circular (China Mobile Hong Kong LTD /Adr/)

DEFERRED REVENUE. Deferred revenue, which consists primarily of deferred revenue from includes the prepaid service fees services fee received from subscribers, less revenue recognised in the combined profit and loss accounts up to respective balance sheet dates. Revenue from prepaid service fees subscribers which is recognised as income when the cellular telephone services are renderedrendered upon actual usage by subscribers.

Appears in 1 contract

Sources: Circular

DEFERRED REVENUE. Deferred revenue, which consists revenue includes primarily of deferred revenue from prepaid service fees received from subscribers, less revenue subscribers which are recognised in the combined profit and loss accounts up to respective balance sheet dates. Revenue from prepaid service fees is recognised as income when the cellular telephone services are renderedrendered upon actual usage by subscribers.

Appears in 1 contract

Sources: Circular (China Mobile Hong Kong LTD /Adr/)