Babylon Holdings Limited Registration statement for securities issued by foreign private issuers in certain business combination transactions

Registration statement for securities issued by foreign private issuers in certain business combination transactions

Trade and Other Receivables, Prepayments and Contract Assets (Tables)

Trade and Other Receivables, Prepayments and Contract Assets (Tables)

12 Months Ended

Dec. 31, 2021

Subclassifications of assets, liabilities and equities [abstract]

Disclosure of Current Trade and Other Receivables, Prepayments and Contract Assets


		As of December 31,
		2021		2020
		$’000		$’000
Trade receivables (Note 8)		8,278		4,674
Other receivables		13,796		8,914
Prepayments		21,516		6,463
Contract assets		4,484		2,378
VAT receivable (payable)		2,045		(63)
		50,119		22,366

Description of Changes in Contract Assets


		2021		2020
		$’000		$’000
Balance at January 1		2,378		1,541
Revenues recognized but not billed		3,444		1,511
Amounts reclassified to trade receivable		(1,338)		(674)
Balance at December 31		4,484		2,378