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 | |||||||||||||
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Ps | 258,131 | 249,945 | 219,299 | |||||||||||||
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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 | ) | ||||||||||||
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Construction contracts gross operating profit (loss) |
Ps | 668 | (213 | ) | (100 | ) | 75 | |||||||||||||
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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. |