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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 31.12.2016 and 31.12.2017
RUB m31.12.201633.12.2017
Backlog418,971288,138
Backlog by business segments
RUB m31.12.201631.12.2017
Roads and bridges343,931217,877
Airports and airfields28,40029,065
Other infrastructure3,6592,392
Services42,98238,804
Total418,971288,138
Backlog by customers
RUB m31.12.201631.12.2017
Federal state agencies123,11273,950
State corporations195,207145,773
Regional and Municipal authorities87,79148,992
Private customers12,85119,424
Total418,971288,138
Backlog by regions
RUB m31.12.201631.12.2017
Central256,448205,621
South91,61551,193
Far East22,70718,308
Other48,20013,016
Total418,971288,138