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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 30.062017
RUB m31.12.201630.06.2017
Backlog418,971365,513
Backlog by business segments
RUB m31.12.201630.06.2017
Roads and bridges343,931295,218
Airports and airfields28,40028,009
Other infrastructure3,6592,863
Services42,98239,424
Total418,971365,513
Backlog by customers
RUB m31.12.201630.06.2017
Federal state agencies123,11299,006
State corporations195,207175,491
Regional and Municipal authorities87,79172,947
Private customers12,85118,070
Total418,971365,513
Backlog by regions
RUB m31.12.201630.06.2017
Central256,448233,510
South91,61574,702
North-west41,89932,040
Other29,00925,261
Total418,971365,513