CEMEX SAB DE CV | CIK:0001076378 | 3

  • Filed: 4/30/2018
  • Entity registrant name: CEMEX SAB DE CV (CIK: 0001076378)
  • Generator: Donnelley Financial Solutions
  • SEC filing page: http://www.sec.gov/Archives/edgar/data/1076378/000119312518143360/0001193125-18-143360-index.htm
  • XBRL Instance: http://www.sec.gov/Archives/edgar/data/1076378/000119312518143360/cx-20171231.xml
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  • ifrs-full:DisclosureOfRevenueExplanatory

    3) REVENUES AND CONSTRUCTION CONTRACTS

    For the years ended December 31, 2017, 2016 and 2015, net sales, after eliminations between related parties resulting from consolidation, were as follows:

     

                2017      2016      2015  

    From the sale of goods associated to CEMEX’s main activities1

         Ps        246,820        239,696        211,258  

    From the sale of services2

            3,313        3,110        2,811  

    From the sale of other goods and services3

            7,998        7,139        5,230  
         

     

     

        

     

     

        

     

     

     
         Ps        258,131        249,945        219,299  
         

     

     

        

     

     

        

     

     

     

     

    1 Includes in each period those revenues generated under construction contracts that are presented in the table below.
    2 Refers mainly to revenues generated by Neoris N.V. and its subsidiaries, involved in providing information technology solutions and services.
    3 Refers mainly to revenues generated by subsidiaries not individually significant operating in different lines of business.

    As of December 31, 2017 and 2016, amounts receivable for progress billings to customers of construction contracts and/or advances received by CEMEX from these customers were not significant. For 2017, 2016 and 2015, revenues and costs related to construction contracts in progress were as follows:

     

               Recognized
    to date 1
        2017     2016     2015  

    Revenue from construction contracts included in consolidated net sales2

         Ps       5,508       992       1,033       994  

    Costs incurred in construction contracts included in consolidated cost of sales3

           (4,840     (1,205     (1,133     (919
        

     

     

       

     

     

       

     

     

       

     

     

     

    Construction contracts gross operating profit (loss)

         Ps       668       (213     (100     75  
        

     

     

       

     

     

       

     

     

       

     

     

     

     

    1 Revenues and costs recognized from inception of the contracts until December 31, 2017 in connection with those projects still in progress.
    2 Revenues from construction contracts during 2017, 2016 and 2015, were mainly obtained in Mexico and Colombia.
    3 Refers to actual costs incurred during the periods. The oldest contract in progress as of December 31, 2017 started in 2010.