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Backlog

Backlog is not a measure defined by IFRS. The relevant entity’s backlog represents its estimate of the contract value of its projects that remains to be completed as at a particular date, excluding VAT. Such value is calculated as the total contract value for each project less the amounts already recognised as revenue from the contracts for such projects. The total contract value of a particular project represents the total amount that the relevant entity expects to recognise as revenue from the contract for such project, assuming the contract is performed in accordance with its terms. A project is included in the backlog of a relevant entity when a contract for the project is executed.

Backlog as at 31.12.2018 and 30.06.2019
RUB m31.12.201830.06.2018
Backlog275,090264,761
Backlog by business segments
RUB m31.12.2018 30.06.2019
Roads and bridges146,935167,401
Airports and airfields12,4708,758
Other infrastructure1,5762,365
Services114,10986,237
Total275,090264,761
Backlog by customers
RUB m31.12.2018 30.06.2019
Federal state agencies47,46039,415
State corporations145,630152,505
Regional and Municipal authorities66,57264,459
Private customers15,4288,381
Total275,090264,761
Backlog by regions
RUB m31.12.2018 30.06.2019
Central211,303210,095
South19,99514,776
Far East12,04130,057
Other31,7519,833
Total275,090264,761