25 | Contract liabilities

in TUSD 2021 2020
Contract liabilities as at 1 January 1,445,572 686,938
Revenue recognised that was included in the contract liability balance at the beginning of the period -222,631 -73,862
Increases due to payments made or payments due, excluding amounts received as revenue during the period 1,403,092 832,496
Contract liabilities as at 31 December 2,626,033 1,445,572
Of which current 2,511,451 229,210
Of which non-current 114,582 1,216,362

Contract liabilities are recognised if FIFA has received consideration or the amount is due in advance of FIFA’s performance under a contract. They are recognised as revenue when FIFA satisfies its contractually agreed performance obligations to the customer.