Revenues and Construction Contracts

12 Months Ended

Dec. 31, 2017

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.