18. Deferred Revenue

	2024 €’000	2023 €’000
At 1 January	(259,548)	(312,470)
Received	(269,482)	(193,923)
Credited to the income statement	195,249	246,845
At 31 December	(333,781)	(259,548)

Analysed as follows:

	31-Dec-24 €’000	31-Dec-23 €’000
Non-current	(147,044)	(75,473)
Current	(186,737)	(184,075)
Total	(333,781)	(259,548)

Customer new connection contributions, which are received in advance, are recorded initially as deferred revenue. These contributions are then released to the income statement as revenue as the connection works (performance obligation) are completed.