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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 31.12.2018
RUB m31.12.201731.12.2018
Backlog288,138275,090
Backlog by business segments
RUB m31.12.201731.12.2018
Roads and bridges217,877146,935
Airports and airfields29,06512,470
Other infrastructure2,3921,576
Services38,804114,109
Total288,138275,090
Backlog by customers
RUB m31.12.201731.12.2018
Federal state agencies73,95047,460
State corporations145,773145,630
Regional and Municipal authorities48,99266,572
Private customers19,42415,428
Total288,138275,090
Backlog by regions
RUB m31.12.201731.12.2018
Central205,621211,303
South51,19319,995
Far East18,30812,041
Other13,01631,751
Total288,138275,090