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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 31.12.2017 and 30.06.2018
RUB m31.12.201730.06.2018
Backlog288,138319,865
Backlog by business segments
RUB m31.12.201730.06.2018
Roads and bridges217,877178,287 
Airports and airfields29,06521,313
Other infrastructure2,3922,987
Services38,804117,278
Total288,138319,865
Backlog by customers
RUB m31.12.201730.06.2018
Federal state agencies73,95045,748
State corporations145,773181,264
Regional and Municipal authorities48,99276,632
Private customers19,42416,221
Total288,138319,865
Backlog by regions
RUB m31.12.201730.06.2018
Central205,621232,710
South51,19333,896
Far East18,30835,925
Other13,01617,335
Total288,138319,865