13.4. Revenue from contracts with customers by type of contract

  NOTE Refining
Segment
Petrochemical Segment Energy Segment Retail
Segment
Upstream Segment Corporate Functions Total
    2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020 2021 2020
Based on fixed price contracts   55 703  33 348  11 576  8 124  15 990  10 084  40 843  30 620  797  482  413  61  125 322  82 719 
Based on variable price contracts   1 112  599  4 427  2 456  14  –  –  –  –  –  5 555  3 061 
Settled on the basis of time spent and materials   134  126  –  –  –  –  142  135 
  13.1 56 949  34 073  16 003  10 580  16 005  10 091  40 845  30 624  797  482  420  65  131 019  85 915 

In the Group, most contracts with customers in exchange for the goods / services provided are based on a fixed price, and thus the revenues already recognised will not change.

The Group classifies as revenues from contracts based on a variable price, when the consideration is a variable fee on turnover, customers have the rights to trade discounts and bonuses and a part of revenues related to penalties. Revenue from contracts with a variable amount is presented mainly in the Refining, Petrochemical and Energy segments. 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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