Company: PLSAY
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001884082-25-000012
Chunk: 374

Company: Polestar Automotive Holding UK PLC
Filing Date: 2025-05-09
Form: 20-F
Item: Item 19
Chunk 374
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81,402  
  Provided for during the year                                    30,811                                     14,469                                           56,022      101,302  

F-32

T able of Contents

  Released during the year               ( 23,917)                  ( 4,973)                  ( 18,704)                  ( 47,594)  
  Translation differences and other            755                     1,558                        609                      2,922  
  Balance as of December 31, 2023                $      47,505             $      39,565              $      50,962              $  
  of which current                          22,150                     6,135                     46,594                     74,879  
  of which non-current                      25,355                    33,430                      4,368                     63,153  
  Provided for during the year              27,295                    14,567                      5,795                     47,657  
  Released during the year               ( 25,672)                  ( 6,656)                  ( 48,406)                  ( 80,734)  
  Translation differences and other       ( 2,037)                  ( 3,734)                     ( 533)                   ( 6,304)  
  Balance as of December 31, 2024                $      47,091             $      43,742              $       7,818              $  
  of which current                          23,649                     7,348                      6,652                     37,649  
  of which non-current                      23,442                    36,394                      1,166                     61,002  

As of December 31, 2024, total contract liabilities amounted to $ 98,651 138,032

Revenue recognized during the year ended December 31, 2024 related to contract liabilities outstanding as of January 1, 2024 was $ 74,879 31,298

Revenue recognized during the year ended December 31, 2023 related to contract liabilities outstanding as of January 1, 2023 was $ 32,384 27,989

Note 5 - Geographic information

Polestar Group determined it has one reportable segment as the chief operating decision maker (“ CODM”) assesses financial information and the performance of the business on a consolidated basis. The Group manages its business as a