11.4. Revenue from contracts with customers by type of contract

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	NOTE	Downstream Segment		Retail Segment		Upstream Segment		Corporate Functions		Total
		2019	2018	2019	2018	2019	2018	2019	2018	2019	2018
Based on fixed price contracts		67,803	68,010	38,516	37,228	608	605	47	40	106,974	105,883
Based on variable price contracts		3,570	3,528	184	–	–	–	4	–	3,758	3,528
Settled on the basis of time spent and materials		108	30	3	4	–	–	8	39	119	73
	11.1	71,481	71,568	38,703	37,232	608	605	59	79	110,851	109,484

The customer has the right to discounts, penalties, which constitute in accordance with IFRS 15 an element of variable consideration. The Group recognises revenue in the amount of consideration, to which – in line with expectations- will be entitled and which will not be reversed in the future. Consequently, it does not recognise revenue, that may change due to granted discounts and penalties imposed.

11.3. Sales revenue geographical division – disclosed by customer’s premises countries

11.5. Revenue from contracts with customers by date of transfer

11.4. Revenue from contracts with customers by type of contract

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