13.4. Revenue from contracts with customers by type of contract

Revenue from contracts with customersby type of contract

 

 

NOTE 

 

Refining  
Segment 

Petrochemical Segment 

Energy Segment 

Retail  
Segment 

Upstream Segment 

Corporate Functions 

Total 

2020 

2019* 

2020 

2019* 

2020 

2019* 

2020 

2019 

2020 

2019 

2020 

2019 

2020 

2019 

 Based on fixed price contracts  

 33,348  

 55,675  

 8,124  

 10,501  

 10,084  

 1,627  

 30,620  

 38,516  

 482  

 608  

 61  

 47  

 82,719  

 106,974  

 Based on variable price contracts  

 599  

 719  

 2,456  

 2,845  

 6  

 6  

 -  

 184  

 -  

 -  

 -  

 4  

 3,061  

 3,758  

 Settled on the basis of time spent and materials  

 

 126  

 106  

 -  

 -  

 1  

 2  

 4  

 3  

 -  

 -  

 4  

 8  

 135  

 119  

 

13.1 

 34,073  

 56,500  

 10,580  

 13,346  

 10,091  

 1,635  

 30,624  

 38,703  

 482  

 608  

 65  

 59  

 85,915  

 110,851  

* restated data

In the case of contracts where the remuneration includes a variable amount, the Group recognises revenues in the amount of remuneration to which - in line with expectations - will be entitled and for which it is highly probable that it will not be reversed in the future.Consequently, the Group does not recognise revenues, until the uncertainty of receipt the remuneration ceases, in particular in relation to discount rights held by customers, bonuses and penalties imposed.The Group also classifies to the category of revenues based on a variable price, revenues resulting from contracts where the remuneration is a variable fee on turnover. Contracts accounted for on the basis of time and effort consumed include long-term contracts, among them construction and IT contracts.

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