order backlog definition
order backlog means open firm customer orders (produce to order) and anticipated orders from frequent customers with continuous ordering (produce to stock) of the production division as at closing date. Order backlog is presented in a non-consolidated manner. Therefore, double countings from intragroup transactions are contained in this figure. The double countings amounted to less than 5% over the periods presented. The order backlog has been in a consistent and unchanged use as a metric throughout the periods presented.
order backlog means any unfilled purchase order or commitment of any Seller for the Business.
order backlog means the estimations of future revenue, based on information made available at the time of estimation, to be recognized by the Government & Corporate Business of the Group Companies in the years 2006 and 2007 arising from a legally binding agreement forming a basis for subsequent orders, or another arrangement under which there have been at least two orders having been fulfilled by the Group Companies for each class of applicable product.