(24) Deferred Income

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in TEUR, at 31 December

2014

2013

Unearned income

126,997

119,340

Customer loyalty programmes

36,880

39,794

Deferred income, current portion

163,877

159,134

Unearned income mainly relates to prepaid access fees, monthly base fees, leased lines to commercial customers, prepaid mobile fees and rental income from site sharing. These fees are recognised over the period the service is provided.

According to IFRIC 13 “Customer Loyalty Programmes”, the award credits granted are recognised as deferred income until redeemed or forfeited.

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