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Deferred revenues and accrued liabilities
|in CHF 000||2020||2019|
|Deferred subscription revenues||155 842||158 428|
|Deferred online revenues||57 324||68 652|
|Deferred revenues from commercialisation and intermediation activities||32 160||32 063|
|Deferred personnel expenses||23 287||31 634|
|Other accrued liabilities||60 280||47 028|
|Total||328 894||337 805|
|of which deferred revenues from contracts with customers||245 326||259 144|
|of which other accrued liabilities||83 568||78 662|
Deferred revenues and accrued liabilities decreased by CHF 8.9 million from CHF 337.8 million to CHF 328.9 million. Changes to the group of consolidated companies result in a decrease of around CHF 5.9 million. Total deferred revenue declined by CHF 13.8 million. The decline in accruals relating to personnel by CHF 8.3 million to CHF 23.3 million is particularly due to the lower accruals for employee performance bonuses and profit participation arrangements for the Group Management.
The revenues recognised in the reporting period and which were included in the balance of the contractual liabilities at the start of the period amount to CHF 201.3 million (previous year: 188.5 million). There are no material revenues recognised in the reporting period from performance obligations which had been fulfilled either in full or in part during earlier periods (e.g. subsequent purchase price adjustments).